MarketFriction

Salora International Ltd

BSE 500370 · Trading & Distributors
₹25.69 -1.42%
BSE close2026-10-01
Market cap₹22.9 Cr.

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales43.0946.9133.3832.1424.9941.8152.7227.476.1016.4411.123.38
Expenses43.4346.6633.9532.4925.3442.0753.0628.586.7616.7111.874.09
Operating Profit-0.340.25-0.57-0.35-0.35-0.26-0.34-1.11-0.66-0.27-0.75-0.71
OPM %-0.79%0.53%-1.71%-1.09%-1.40%-0.62%-0.64%-4.04%-10.82%-1.64%-6.74%-21.01%
Other Income0.100.280.170.160.120.330.491.600.020.05-1.900.01
Interest0.280.450.490.270.300.360.370.380.340.370.370.25
Depreciation0.050.050.050.050.060.060.060.060.060.050.050.05
Profit before tax-0.570.03-0.94-0.51-0.59-0.35-0.280.05-1.04-0.64-3.07-1.00
Tax %-22.81%0.00%-24.47%-25.49%-30.51%-2.86%-25.00%20.00%-26.92%-21.88%-6.51%0.00%
Net Profit-0.440.02-0.71-0.38-0.41-0.33-0.210.04-0.76-0.49-2.87-0.99
EPS in Rs-0.500.02-0.81-0.43-0.47-0.37-0.240.05-0.86-0.56-3.26-1.12
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales312.14321.62127.54175.83168.8387.5469.99115.93158.98151.5261.1237.04
Expenses305.07317.69132.99169.77172.2091.4981.08119.07160.65152.8163.8039.43
Operating Profit7.073.93-5.456.06-3.37-3.95-11.09-3.14-1.67-1.29-2.68-2.39
OPM %2.27%1.22%-4.27%3.45%-2.00%-4.51%-15.85%-2.71%-1.05%-0.85%-4.38%-6.45%
Other Income0.272.850.150.07-0.09-4.8442.40-7.450.601.09-0.32-1.82
Interest6.256.976.827.437.456.133.151.061.491.301.471.33
Depreciation2.512.202.111.952.000.630.440.200.210.220.210.21
Profit before tax-1.42-2.39-14.23-3.25-12.91-15.5527.72-11.85-2.77-1.72-4.68-5.75
Tax %-38.73%-26.78%-29.37%50.15%4.88%-26.62%13.28%-24.30%-24.55%-22.67%-13.03%
Net Profit-0.87-1.75-10.05-4.88-13.54-11.4124.05-8.97-2.09-1.33-4.07-5.11
EPS in Rs-0.99-1.99-11.41-5.54-15.37-12.9627.31-10.18-2.37-1.51-4.62-5.80
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-15%-7%-19%-75%
Compounded Profit Growth-17%12%-9%-200%
Stock Price CAGR-6%-6%-20%-39%
Return on Equity-8%-6%-3%-3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8.818.818.818.818.818.818.818.818.818.818.818.81
Reserves104.88104.0174.6264.5859.6446.1334.7058.7249.6747.5946.2342.18
Borrowings43.8938.4254.7656.5965.5665.7269.1817.2018.1415.8122.1618.85
Other Liabilities23.3245.4928.5718.5343.4326.6225.0213.405.876.045.444.77
Total Liabilities180.90196.73166.76148.51177.44147.28137.7198.1382.4978.2582.6474.61
Fixed Assets28.9727.6625.2123.5321.5820.367.901.311.251.301.411.16
CWIP0.000.000.020.030.000.000.000.000.000.000.000.00
Investments3.463.463.463.463.460.040.040.000.000.000.000.00
Other Assets148.47165.61138.07121.49152.40126.88129.7796.8281.2476.9581.2373.45
Total Assets180.90196.73166.76148.51177.44147.28137.7198.1382.4978.2582.6474.61
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4.7411.91-11.214.43-2.754.15-3.154.39-10.304.00-4.714.81
Cash from Investing Activity-0.50-1.19-0.22-0.36-0.012.555.6351.829.00-0.17-0.34-0.04
Cash from Financing Activity-5.29-10.4211.29-4.112.63-6.71-2.46-54.83-0.12-3.825.05-4.78
Net Cash Flow-1.050.29-0.14-0.03-0.130.000.021.38-1.420.010.00-0.01
Free Cash Flow4.1510.72-11.523.98-2.834.172.2760.38-1.723.76-5.054.77
CFO/OP52%171%-282%-82%-45%-124%80%-41%305%-246%371%-178%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days89.1075.8451.1546.0290.7247.6791.1538.7526.2616.0926.3338.04
Inventory Days54.2661.9562.54183.85122.54110.63206.72169.2569.6541.9244.52115.39
Days Payable20.3551.9530.1845.7688.0446.8297.2754.6412.866.596.7922.66
Cash Conversion Cycle123.0185.8483.51184.11125.21111.48200.60153.3583.0551.4264.06130.78
Working Capital Days94.6169.3130.4539.81133.06114.670.75120.0530.8215.2912.3116.06
ROCE %3.80%3.13%3.19%-5.52%3.25%-4.09%-3.37%-9.10%-3.87%-1.75%-0.56%-1.02%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.76%73.76%73.76%73.76%73.76%73.76%73.76%73.76%73.76%73.76%73.76%73.76%
Public26.24%26.24%26.25%26.23%26.24%26.23%26.23%26.23%26.24%26.25%26.24%26.23%
No. of Shareholders3,7783,7973,7943,8183,8173,9943,9754,1154,0774,0404,0143,991

Fundamentals

Market Cap₹ 22.9 Cr.
Current Price₹ 26.0
Book Value₹ 57.9
ROCE-1.02 %
ROE-3.04 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-75%
Compounded Profit Growth (TTM)-200%
Standalone figures.
Valuation
Market capRs 23 Cr
Enterprise valueRs 41 Cr
Price to book0.44x
Price to sales0.61x
EV / sales1.11x
Price to cash flow4.71x
Earnings yield-22.55%
P/B, 3-year average0.70x
P/E, 5-year average1.54x
P/B, 5-year average0.62x
Profitability
Operating margin (excl. other income)-4.38%
Operating margin (incl. other income)-4.91%
EBITDA margin-11.37%
Pre-tax margin-15.52%
Net profit margin-13.80%
Net margin, latest quarter-29.29%
ROE-7.68%
ROCE-4.37%
ROA-5.18%
ROE, 3-year average-4.57%
ROCE, 3-year average-2.22%
ROA, 3-year average-3.14%
ROE, 5-year average3.08%
ROCE, 5-year average2.25%
ROA, 5-year average0.21%
ROIC (approx.)-5.54%
Tax rate13.03%
Other income / net worth-0.63%
Growth
Sales growth (latest year)-59.66%
Sales CAGR, 3 years-19.22%
Sales CAGR, 5 years-6.93%
Sales growth QoQ-69.60%
Sales growth YoY (latest quarter)-87.70%
Profit growth YoY (latest quarter)-2575.00%
Per share
EPS (TTM)Rs -5.79
EPS (latest year)Rs -4.61
EPS (latest quarter)Rs -1.12
EPS, 3-year averageRs -2.83
EPS, 5-year averageRs 1.72
Book value per shareRs 57.81
Sales per shareRs 42.00
Cash flow per shareRs 5.45
Free cash flow per shareRs 5.41
Efficiency
Asset turnover0.82x
Fixed asset turnover52.69x
Inventory turnover3.20x
Inventory days114 days
Debtor days38 days
Debtors turnover9.60x
Creditor days23 days
Cash conversion cycle131 days
Working capital days16 days
Leverage
Total debtRs 19 Cr
Cash and bankRs 0 Cr
Net debtRs 18 Cr
Debt to equity0.37x
Interest coverage-3.32x
Owners' fund to total sources68.34%
Debt to assets25.26%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -5 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 5 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years-0.24x
Sales to cash flow12.71x
Statement figures
Net sales (TTM)Rs 37 Cr
Net sales (latest year)Rs 61 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs -3 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs -2 Cr
EBITDA (TTM)Rs -4 Cr
PBDT (TTM)Rs -6 Cr
Profit before tax (TTM)Rs -6 Cr
Tax (latest year)Rs -1 Cr
Net profit (TTM)Rs -5 Cr
Net profit (latest year)Rs -4 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 58 Cr
Total expenditure (latest year)Rs 64 Cr
Total income (latest year)Rs 61 Cr
Share capitalRs 9 Cr
ReservesRs 42 Cr
Shareholders' fundsRs 51 Cr
Total assetsRs 75 Cr
Net blockRs 1 Cr
ReceivablesRs 6 Cr
InventoryRs 18 Cr
Other liabilitiesRs 5 Cr
Shares outstanding (crore)0.88
Ownership
Promoter holding73.76% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.44 is at the 32th percentile (median 0.50).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period500370Nifty 50Difference
1 week-3.9%-2.8% -1.1 pts
1 month-6.8%-6.8% -0.0 pts
3 months-12.6%-7.6% -4.9 pts
3 years-50.2%+14.2% -64.3 pts
5 years-31.6%+27.9% -59.5 pts

Red flags

F-score 4 of 8
lookInventory outrunning sales Inventory grew 1% vs sales -60% in 2026
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹3 Cr -87.7% vs Jun 2025. Net loss ₹1 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Salora International Ltd?

Salora International Ltd (500370) has a market capitalisation of Rs 22.9 Cr. at the 2026-10-01 close.

What were Salora International Ltd's latest quarterly results?

In the Jun 2026 quarter, Salora International Ltd sales was Rs 3 Cr (-87.7% vs Jun 2025) with a net loss of Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03