Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 33.15 | 38.44 | 55.10 | 62.87 | 51.66 | 61.12 | 71.37 | 69.96 | 47.22 | 48.16 | 54.02 | 45.69 |
| Expenses | 31.40 | 39.00 | 54.59 | 58.56 | 48.74 | 57.58 | 70.55 | 66.49 | 45.88 | 52.29 | 50.88 | 45.79 |
| Operating Profit | 1.75 | -0.56 | 0.51 | 4.31 | 2.92 | 3.54 | 0.82 | 3.47 | 1.34 | -4.13 | 3.14 | -0.10 |
| OPM % | 5.28% | -1.46% | 0.93% | 6.86% | 5.65% | 5.79% | 1.15% | 4.96% | 2.84% | -8.58% | 5.81% | -0.22% |
| Other Income | 0.08 | 0.29 | 0.13 | 0.05 | 0.08 | 0.07 | 0.23 | 0.10 | 0.11 | 0.07 | 0.07 | 0.17 |
| Interest | 0.20 | 0.25 | 0.21 | 0.15 | 0.03 | 0.13 | 0.18 | 0.13 | 0.12 | 0.09 | 0.46 | 1.62 |
| Depreciation | 0.38 | 0.48 | 0.34 | 0.39 | 0.41 | 0.46 | 1.24 | 0.65 | 0.67 | 0.69 | 1.30 | 0.91 |
| Profit before tax | 1.25 | -1.00 | 0.09 | 3.82 | 2.56 | 3.02 | -0.37 | 2.79 | 0.66 | -4.84 | 1.45 | -2.46 |
| Tax % | 99.20% | -25.00% | -822.22% | 28.53% | 32.42% | 25.17% | -45.95% | 62.72% | -3.03% | -25.21% | 25.52% | 0.00% |
| Net Profit | 0.01 | -0.74 | 0.83 | 2.73 | 1.73 | 2.26 | -0.19 | 1.04 | 0.67 | -3.62 | 1.09 | -2.46 |
| EPS in Rs | 0.01 | -0.77 | 0.87 | 2.85 | 1.81 | 2.36 | -0.20 | 1.09 | 0.70 | -3.78 | 1.14 | -2.57 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 13 | 53 | 71 | 145 | 207 | 179 | 247 | 219 | 195 |
| Expenses | 0 | 1 | 2 | 14 | 55 | 70 | 142 | 199 | 175 | 235 | 215 | 195 |
| Operating Profit | -0 | -1 | -2 | -1 | -2 | 0 | 3 | 8 | 4 | 12 | 4 | 0 |
| OPM % | -8% | -3.0% | 0.5% | 1.9% | 3.8% | 2.2% | 4.7% | 1.8% | 0.1% | |||
| Other Income | 0 | 0 | 1 | 0 | 3 | 1 | 0 | 0 | 1 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
| Profit before tax | -0 | -1 | -1 | -1 | 0 | 1 | 2 | 7 | 2 | 9 | 0 | -5 |
| Tax % | 0% | 0% | 0% | 10% | 41% | 28% | 10% | 5% | 35% | 28% | 940% | |
| Net Profit | -0 | -1 | -1 | -2 | 0 | 0 | 2 | 6 | 1 | 7 | -0 | -4 |
| EPS in Rs | -0.13 | -0.53 | -0.97 | -1.70 | 0.21 | 0.45 | 1.69 | 6.73 | 1.55 | 6.84 | -0.44 | -4.51 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 25% | 2% | -23% | ||
| Compounded Profit Growth | % | % | % | -189% | ||
| Stock Price CAGR | % | % | % | 45% | ||
| Return on Equity | % | % | 32% | -6% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 |
| Reserves | -3 | -3 | -4 | -5 | -6 | -6 | -6 | -4 | 2 | 4 | 10 | 10 |
| Borrowings | 3 | 6 | 6 | 9 | 14 | 15 | 16 | 15 | 14 | 15 | 12 | 25 |
| Other Liabilities | 1 | 1 | 1 | 1 | 3 | 10 | 10 | 14 | 18 | 28 | 34 | 61 |
| Total Liabilities | 2 | 4 | 3 | 6 | 11 | 19 | 21 | 26 | 35 | 47 | 57 | 96 |
| Fixed Assets | 2 | 1 | 1 | 3 | 7 | 9 | 10 | 15 | 21 | 31 | 42 | 50 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 3 | 4 | 5 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0 | 3 | 2 | 3 | 4 | 10 | 11 | 11 | 13 | 13 | 11 | 41 |
| Total Assets | 2 | 4 | 3 | 6 | 11 | 19 | 21 | 26 | 35 | 47 | 57 | 96 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | -0 | -1 | -1 | -0 | 5 | -1 | 7 | 10 | 15 | 17 | -1 |
| Cash from Investing Activity | 0 | 0 | -1 | -3 | -2 | -2 | -2 | -5 | -8 | -14 | -14 | -12 |
| Cash from Financing Activity | 0 | 2 | 0 | 3 | 2 | -3 | 3 | -1 | -2 | 14 | -4 | 13 |
| Net Cash Flow | -0 | 2 | -2 | -0 | 0 | -0 | -0 | 0 | -0 | 16 | -0 | -0 |
| Free Cash Flow | -0 | -0 | -1 | -2 | -5 | 3 | -3 | 2 | 1 | 1 | 4 | -13 |
| CFO/OP | 100% | 33% | 124% | 31% | 5% | -339% | -263% | 242% | 128% | 383% | 148% | -25% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11 | 13 | 8 | 8 | 2 | 4 | 2 | 4 | ||||
| Inventory Days | 44 | 20 | 26 | 11 | 11 | 13 | 8 | 33 | ||||
| Days Payable | 30 | 30 | 27 | 22 | 22 | 42 | 38 | 60 | ||||
| Cash Conversion Cycle | 24 | 3 | 6 | -3 | -9 | -25 | -28 | -23 | ||||
| Working Capital Days | -56 | -46 | -26 | -21 | -19 | -38 | -35 | -37 | ||||
| ROCE % | 28% | -6% | -17% | -24% | -21% | 6% | 9% | 19% | 48% | 16% | 45% | 4% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% |
| FIIs | 0.01% | 0.01% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 1.20% | 1.20% | 1.21% | 1.20% | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% |
| Public | 44.84% | 44.83% | 44.83% | 44.83% | 44.83% | 44.83% | 44.84% | 44.84% | 44.84% | 44.84% | 44.83% | 44.83% |
| No. of Shareholders | 17,953 | 17,952 | 17,953 | 17,950 | 17,950 | 17,950 | 17,949 | 17,949 | 17,947 | 17,946 | 17,945 | 17,943 |
Fundamentals
Market Cap₹ 2.98 Cr.
Current Price₹ 3.12
Book Value₹ 11.0
ROCE3.61 %
ROE-6.43 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-23%
Compounded Profit Growth (TTM)-189%
Standalone figures.
Valuation
Market capRs 3 Cr
Enterprise valueRs 27 Cr
Price to book0.28x
Price to sales0.02x
EV / EBITDA40.34x
EV / sales0.14x
Earnings yield-144.72%
P/B, 3-year average0.22x
P/B, 5-year average0.22x
Profitability
Operating margin (excl. other income)1.83%
Operating margin (incl. other income)1.97%
EBITDA margin0.34%
Pre-tax margin-2.66%
Net profit margin-2.21%
Net margin, latest quarter-5.38%
ROE-3.86%
ROCE3.47%
ROA-0.55%
ROE, 3-year average38.39%
ROCE, 3-year average21.53%
ROA, 3-year average5.19%
ROE, 5-year average6454.96%
ROCE, 5-year average26.39%
ROA, 5-year average8.67%
ROIC (approx.)70.49%
Tax rate940.00%
Other income / net worth2.95%
Growth
Sales growth (latest year)-11.20%
Profit growth (latest year)-106.42%
Sales CAGR, 3 years2.01%
Sales CAGR, 5 years25.41%
Sales growth QoQ-15.42%
Profit growth QoQ-325.69%
Sales growth YoY (latest quarter)-34.69%
Profit growth YoY (latest quarter)-336.54%
Per share
EPS (TTM)Rs -4.52
EPS (latest year)Rs -0.44
EPS (latest quarter)Rs -2.57
EPS, 3-year averageRs 2.65
EPS, 5-year averageRs 3.27
Book value per shareRs 11.00
Sales per shareRs 203.91
Cash flow per shareRs -1.06
Free cash flow per shareRs -13.59
Efficiency
Asset turnover2.28x
Fixed asset turnover4.41x
Inventory turnover13.82x
Inventory days26 days
Debtor days4 days
Debtors turnover98.81x
Creditor days60 days
Cash conversion cycle-23 days
Working capital days-37 days
Leverage
Total debtRs 25 Cr
Cash and bankRs 1 Cr
Net debtRs 24 Cr
Debt to equity2.37x
Net debt / EBITDA35.88x
Interest coverage-1.27x
Owners' fund to total sources10.94%
Debt to assets25.87%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -12 Cr
Cash from Financing Activity (latest year)Rs 13 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -13 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years3.00x
Statement figures
Net sales (TTM)Rs 195 Cr
Net sales (latest year)Rs 219 Cr
Sales (latest quarter)Rs 46 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs -2 Cr
Profit before tax (TTM)Rs -5 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -4 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs -2 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 201 Cr
Total expenditure (latest year)Rs 215 Cr
Total income (latest year)Rs 220 Cr
Share capitalRs 1 Cr
ReservesRs 10 Cr
Shareholders' fundsRs 11 Cr
Total assetsRs 96 Cr
Net blockRs 50 Cr
Capital work in progressRs 5 Cr
ReceivablesRs 2 Cr
InventoryRs 15 Cr
Other liabilitiesRs 61 Cr
Shares outstanding (crore)0.96
Ownership
Promoter holding53.96% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 1 of 8| explain | Debt up, profit down Borrowings up 116% while net profit fell in 2026 |
| look | Profit leans on other income Other income was 620% of pre-tax profit in 2026 |
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 2026Sales ₹46 Cr -34.7% vs Jun 2025.
Net loss ₹2 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 Indo Gulf Industries Ltd?
Indo Gulf Industries Ltd (506945) has a market capitalisation of Rs 2.98 Cr. at the 2026-08-31 close.
What were Indo Gulf Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Indo Gulf Industries Ltd sales was Rs 46 Cr (-34.7% vs Jun 2025) with a net loss of Rs 2 Cr.