MarketFriction

Swadeshi Industries & Leasing Ltd

BSE 506863 · Packaging
₹76.08 +0.93%
BSE close2026-10-01
Market cap₹176 Cr.
P/E107

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
Sales0.000.002.462.294.422.556.629.294.4215.7932.8217.18
Expenses0.050.032.552.314.502.626.158.834.5015.2131.8116.46
Operating Profit-0.05-0.03-0.09-0.02-0.08-0.070.470.46-0.080.581.010.72
OPM %-3.66%-0.87%-1.81%-2.75%7.10%4.95%-1.81%3.67%3.08%4.19%
Other Income0.060.040.000.070.030.780.000.000.030.000.000.00
Interest0.000.000.000.000.000.000.000.000.000.000.000.01
Depreciation0.000.000.000.000.000.000.000.000.000.000.040.04
Profit before tax0.010.01-0.090.05-0.050.710.470.46-0.050.580.970.67
Tax %0.00%0.00%0.00%0.00%0.00%11.27%17.02%26.09%0.00%24.14%25.77%19.40%
Net Profit0.000.01-0.090.05-0.050.630.400.35-0.050.440.730.53
EPS in Rs0.000.01-0.080.05-0.050.580.370.32-0.050.410.320.23
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.4925.737.342.131.171.150.340.732.4615.9068.1270.21
Expenses0.7426.077.783.301.381.901.230.922.6715.5965.8167.98
Operating Profit-0.25-0.34-0.44-1.17-0.21-0.75-0.89-0.19-0.210.312.312.23
OPM %-51.02%-1.32%-5.99%-54.93%-17.95%-65.22%-261.76%-26.03%-8.54%1.95%3.39%3.18%
Other Income0.370.470.200.210.030.070.030.090.150.870.000.03
Interest0.000.020.000.000.000.000.000.000.000.000.000.01
Depreciation0.000.000.000.000.010.010.000.000.000.000.040.08
Profit before tax0.120.11-0.24-0.96-0.19-0.69-0.86-0.10-0.061.182.272.17
Tax %33.33%36.36%0.00%-1.04%0.00%1.45%0.00%0.00%0.00%12.71%24.67%
Net Profit0.080.08-0.24-0.96-0.18-0.69-0.87-0.10-0.061.031.701.65
EPS in Rs0.070.07-0.22-0.89-0.17-0.64-0.80-0.09-0.060.950.740.91
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 Growth64%126%354%207%
Compounded Profit Growth33%35%167%24%
Stock Price CAGR8%124%252%22%
Return on Equity0%3%8%11%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital10.8210.8210.8210.8210.8210.8210.8210.8210.8210.8210.8223.13
Reserves0.060.140.22-0.02-0.98-1.17-1.86-2.72-2.82-2.88-1.86-0.25
Borrowings0.000.000.000.000.000.010.090.050.010.000.020.72
Other Liabilities0.411.226.902.001.661.491.130.450.861.501.4213.68
Total Liabilities11.2912.1817.9412.8011.5011.1510.188.608.879.4410.4037.28
Fixed Assets0.000.003.283.523.533.543.543.543.543.530.012.71
CWIP4.084.080.000.000.000.000.000.000.000.000.000.00
Investments5.713.684.323.933.093.362.751.420.000.002.658.40
Other Assets1.504.4210.345.354.884.253.893.645.335.917.7426.17
Total Assets11.2912.1817.9412.8011.5011.1510.188.608.879.4410.4037.28
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0.56-2.450.21-1.15-1.070.25-0.66-1.40-1.45-0.16-1.75-1.00
Cash from Investing Activity0.462.43-0.161.161.03-0.260.661.361.500.151.73-8.49
Cash from Financing Activity-0.010.00-0.010.000.000.010.08-0.04-0.040.000.0112.86
Net Cash Flow-0.10-0.020.040.00-0.030.000.08-0.080.01-0.010.003.37
Free Cash Flow0.04-2.451.01-1.39-1.090.23-0.67-1.40-1.45-0.162.37-3.74
CFO/OP329%964%-74%261%91%-119%88%157%763%76%-513%-23%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days9.70201.1284.4146.2580.5493.59133.30171.76455.0019.29121.21111.83
Inventory Days0.00780.932.700.0059.950.000.000.000.000.000.001.91
Days Payable984.6595.94280.3673.19
Cash Conversion Cycle9.70-2.60-8.8346.25-139.8793.59133.30171.76455.0019.29121.2140.54
Working Capital Days30.512,383.6736.60160.12534.65832.95822.043,327.942,185.00639.49142.5648.22
ROCE %1.95%1.47%1.27%-2.20%-9.30%-1.95%-7.38%-10.00%-1.24%-0.75%13.95%13.93%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters28.48%28.48%28.48%28.48%34.97%34.97%34.97%34.97%34.97%34.97%39.32%39.32%
Public71.51%71.53%71.52%71.52%65.02%65.02%65.02%65.01%65.03%65.02%60.68%60.69%
No. of Shareholders10,99510,93310,82910,74210,62810,56710,48310,54610,78911,79910,98010,735

Fundamentals

Market Cap₹ 176 Cr.
Current Price₹ 76.0
Stock P/E107
Book Value₹ 9.89
ROCE13.9 %
ROE10.7 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)207%
Compounded Profit Growth (TTM)24%
Standalone figures.
Valuation
Market capRs 176 Cr
Enterprise valueRs 173 Cr
P/E (TTM)106.64x
Price to book7.69x
Price to sales2.51x
EV / EBITDA78.42x
EV / EBIT79.86x
EV / sales2.47x
Earnings yield0.94%
P/E, 3-year average58.73x
P/B, 3-year average3.09x
P/E, 5-year average58.73x
P/B, 5-year average1.93x
Profitability
Operating margin (excl. other income)3.39%
Operating margin (incl. other income)3.39%
EBITDA margin3.15%
Pre-tax margin3.09%
Net profit margin2.35%
Net margin, latest quarter3.08%
ROE10.68%
ROCE13.93%
ROA7.13%
ROE, 3-year average7.37%
ROCE, 3-year average9.04%
ROA, 3-year average5.62%
ROE, 5-year average2.13%
ROCE, 5-year average3.18%
ROA, 5-year average1.29%
ROIC (approx.)8.08%
Tax rate24.67%
Growth
Sales growth (latest year)328.43%
Profit growth (latest year)65.05%
Sales CAGR, 3 years353.58%
Sales CAGR, 5 years126.21%
Sales growth QoQ-47.65%
Profit growth QoQ-27.40%
Sales growth YoY (latest quarter)84.93%
Profit growth YoY (latest quarter)51.43%
Per share
EPS (TTM)Rs 0.71
EPS (latest year)Rs 0.73
EPS (latest quarter)Rs 0.23
EPS, 3-year averageRs 0.54
EPS, 5-year averageRs 0.15
Book value per shareRs 9.89
Sales per shareRs 30.36
Cash flow per shareRs -0.43
Free cash flow per shareRs -1.62
Efficiency
Asset turnover1.83x
Fixed asset turnover25.14x
Inventory turnover191.41x
Inventory days2 days
Debtor days112 days
Debtors turnover3.26x
Creditor days73 days
Cash conversion cycle41 days
Working capital days48 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 3 Cr
Net debtRs -3 Cr
Debt to equity0.03x
Net debt / EBITDA-1.20x
Owners' fund to total sources61.37%
Debt to assets1.93%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -8 Cr
Cash from Financing Activity (latest year)Rs 13 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs -3 Cr
Cash from ops / profit, 5 years-3.39x
Statement figures
Net sales (TTM)Rs 70 Cr
Net sales (latest year)Rs 68 Cr
Sales (latest quarter)Rs 17 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs 1 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 65 Cr
Total expenditure (latest year)Rs 66 Cr
Total income (latest year)Rs 68 Cr
Share capitalRs 23 Cr
ReservesRs -0 Cr
Shareholders' fundsRs 23 Cr
Total assetsRs 37 Cr
Net blockRs 3 Cr
InvestmentsRs 8 Cr
ReceivablesRs 21 Cr
InventoryRs 0 Cr
Other liabilitiesRs 14 Cr
Shares outstanding (crore)2.31
Ownership
Promoter holding39.32% (+4.35 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 106.6 is at the 36th percentile of its own 2.1-year range (median 139.8, low 13.1, high 375.8).
P/B 7.69 is at the 82th 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.
Period506863Nifty 50Difference
1 week-4.3%-2.8% -1.5 pts
1 month-2.1%-6.8% +4.7 pts
3 months-9.9%-7.6% -2.3 pts
3 years+4272.4%+14.2% +4258.2 pts
5 years+5577.6%+27.9% +5549.7 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was -109% of net profit over the last 3 years
explainShare dilution Share count up 114% in a year, 114% in three
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 ₹17 Cr +84.9% vs Jun 2025. Net profit ₹1 Cr +51.4%.

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 Swadeshi Industries & Leasing Ltd?

Swadeshi Industries & Leasing Ltd (506863) has a market capitalisation of Rs 176 Cr. at the 2026-10-01 close.

What is the P/E ratio of Swadeshi Industries & Leasing Ltd?

Swadeshi Industries & Leasing Ltd trades at a P/E of 107 on trailing twelve-month profit, at the 2026-10-01 close.

What were Swadeshi Industries & Leasing Ltd's latest quarterly results?

In the Jun 2026 quarter, Swadeshi Industries & Leasing Ltd sales was Rs 17 Cr (+84.9% vs Jun 2025) and net profit was 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