MarketFriction

R J Shah & Company Ltd

BSE 509845 · Residential, Commercial Projects
₹490.00 +0.00%
BSE close2026-10-01
Market cap₹13.7 Cr.
P/E5.67

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
Sales0.000.000.000.000.000.0010.460.000.000.000.270.00
Expenses0.270.35-0.200.300.170.243.640.360.510.15-1.900.39
Operating Profit-0.27-0.350.20-0.30-0.17-0.246.82-0.36-0.51-0.152.17-0.39
OPM %65.20%803.70%
Other Income0.540.563.770.510.420.440.420.640.600.510.550.69
Interest0.060.030.040.030.030.040.030.030.040.030.030.03
Depreciation0.030.010.010.020.020.020.020.020.020.020.030.03
Profit before tax0.180.173.920.160.200.147.190.230.030.312.660.24
Tax %22.22%29.41%14.29%25.00%25.00%28.57%25.45%26.09%66.67%25.81%24.81%25.00%
Net Profit0.140.123.370.120.160.115.370.180.010.222.000.19
EPS in Rs5.004.28120.314.285.713.93191.726.430.367.8571.406.78
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.8114.540.004.4015.620.000.000.270.0010.460.270.27
Expenses1.038.540.471.539.361.091.001.010.724.33-0.89-0.85
Operating Profit-0.226.00-0.472.876.26-1.09-1.00-0.74-0.726.131.161.12
OPM %-27.16%41.27%65.23%40.08%-274.07%58.60%429.63%414.81%
Other Income0.681.181.241.232.372.011.981.755.361.792.302.35
Interest0.140.140.140.140.140.140.140.140.140.140.140.13
Depreciation0.180.140.130.110.080.070.070.070.060.070.080.10
Profit before tax0.146.900.503.858.410.710.770.804.447.713.243.24
Tax %28.57%33.19%24.00%28.05%25.45%26.76%28.57%26.25%15.99%25.29%25.62%
Net Profit0.104.610.382.776.280.520.550.583.745.752.412.42
EPS in Rs3.57164.5813.5798.89224.2118.5619.6420.71133.52205.2886.0486.39
Dividend Payout %28.00%6.07%11.05%5.05%4.46%13.46%12.73%12.07%1.87%1.22%2.90%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-10%%0%-97%
Compounded Profit Growth37%36%67%-58%
Stock Price CAGR%3%10%-22%
Return on Equity8%6%8%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.280.280.280.280.280.280.280.280.280.280.280.28
Reserves16.0716.1221.3421.3624.0530.1430.3730.8231.3234.9640.5942.91
Borrowings1.231.231.231.231.231.231.231.231.231.231.231.23
Other Liabilities2.181.871.311.391.120.590.310.210.255.082.661.49
Total Liabilities19.7619.5024.1624.2626.6832.2432.1932.5433.0841.5544.7645.91
Fixed Assets1.090.881.351.211.070.920.840.770.970.780.730.97
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.020.030.020.020.020.020.020.000.000.500.500.50
Other Assets18.6518.5922.7923.0325.5931.3031.3331.7732.1140.2743.5344.44
Total Assets19.7619.5024.1624.2626.6832.2432.1932.5433.0841.5544.7645.91
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0.65-0.578.10-0.901.679.85-1.58-1.97-1.06-4.63-5.83-1.34
Cash from Investing Activity0.650.670.991.231.192.392.001.981.414.891.761.96
Cash from Financing Activity-0.04-0.04-0.16-0.34-0.19-0.30-0.42-0.21-0.21-0.21-0.21-0.21
Net Cash Flow-0.050.068.92-0.012.6711.930.01-0.190.150.05-4.280.41
Free Cash Flow-0.64-0.548.09-0.901.679.95-1.59-1.92-1.27-0.96-5.86-1.68
CFO/OP-151%259%173%160%102%192%123%187%109%546%-62%-37%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days685.081,996.230.000.000.000.00358.020.00
Inventory Days21.900.00
Days Payable0.66
Cash Conversion Cycle685.081,996.230.000.0021.240.00358.020.00
Working Capital Days986.903,158.8375.31320.20-26.41-337.96262.412,135.93
ROCE %4.77%1.53%34.78%2.80%16.48%29.75%2.68%2.68%2.61%2.97%19.98%7.81%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters52.52%52.52%52.52%52.52%52.52%52.52%52.52%52.52%52.52%52.89%52.89%53.27%
DIIs1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%
Public45.68%45.69%45.69%45.69%45.70%45.69%45.70%45.70%45.69%45.32%45.32%44.94%
No. of Shareholders235247249242248243248249246240240244

Fundamentals

Market Cap₹ 13.7 Cr.
Current Price₹ 490
Stock P/E5.67
Book Value₹ 1,542
ROCE7.81 %
ROE5.73 %
Dividend Yield0.51 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-97%
Compounded Profit Growth (TTM)-58%
Standalone figures.
Valuation
Market capRs 14 Cr
Enterprise valueRs 14 Cr
P/E (TTM)5.67x
Price to book0.32x
Price to sales50.83x
EV / EBITDA4.15x
EV / EBIT4.27x
EV / sales53.31x
Earnings yield17.63%
Dividend yield0.51%
P/E, 3-year average3.88x
P/B, 3-year average0.34x
P/E, 5-year average10.43x
P/B, 5-year average0.35x
Profitability
Operating margin (excl. other income)429.63%
Operating margin (incl. other income)1281.48%
EBITDA margin1285.19%
Pre-tax margin1200.00%
Net profit margin896.30%
ROE5.73%
ROCE7.81%
ROA5.32%
ROE, 3-year average10.68%
ROCE, 3-year average13.67%
ROA, 3-year average9.55%
ROE, 5-year average7.13%
ROCE, 5-year average9.35%
ROA, 5-year average6.43%
ROIC (approx.)5.72%
Tax rate25.62%
Other income / net worth5.33%
Growth
Sales growth (latest year)-97.42%
Profit growth (latest year)-58.09%
Sales CAGR, 3 years0.00%
Profit CAGR, 3 years60.77%
Profit CAGR, 5 years35.89%
Profit growth QoQ-90.50%
Profit growth YoY (latest quarter)5.56%
Per share
EPS (TTM)Rs 86.40
EPS (latest year)Rs 86.04
EPS (latest quarter)Rs 6.78
EPS, 3-year averageRs 141.62
EPS, 5-year averageRs 93.04
Book value per shareRs 1,541.95
Sales per shareRs 9.64
Cash flow per shareRs -47.84
Free cash flow per shareRs -59.98
Dividend per share (latest year)Rs 2.50
Dividend per share, 3-year averageRs 2.50
Dividend per share, 5-year averageRs 2.50
Dividends
Dividend payout2.90%
Dividend payout, 3-year average2.00%
Dividend payout, 5-year average6.16%
Efficiency
Asset turnover0.01x
Fixed asset turnover0.28x
Inventory turnover-0.88x
Creditor days1 days
Cash conversion cycle0 days
Working capital days2136 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 1 Cr
Net debtRs 1 Cr
Debt to equity0.03x
Net debt / EBITDA0.19x
Interest coverage25.92x
Owners' fund to total sources94.08%
Debt to assets2.68%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs 2 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs -2 Cr
Cash from ops / profit, 5 years-1.14x
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 3 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 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs -3 Cr
Total expenditure (latest year)Rs -1 Cr
Total income (latest year)Rs 3 Cr
Share capitalRs 0 Cr
ReservesRs 43 Cr
Shareholders' fundsRs 43 Cr
Total assetsRs 46 Cr
Net blockRs 1 Cr
InvestmentsRs 0 Cr
InventoryRs 3 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)0.03
Ownership
Promoter holding53.27% (+0.75 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 5.7 is at the 45th percentile of its own 5.2-year range (median 5.7, low 1.8, high 39.5).
P/B 0.32 is at the 6th percentile (median 0.38).
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.
Period509845Nifty 50Difference
1 week+1.2%-2.8% +4.0 pts
1 month+2.8%-6.8% +9.6 pts
3 years+34.4%+14.2% +20.3 pts
5 years+16.6%+27.9% -11.3 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -99% of net profit over the last 3 years
lookProfit leans on other income Other income was 71% 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 2026
Sales ₹0 Cr. Net profit ₹0 Cr +5.6%.

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 R J Shah & Company Ltd?

R J Shah & Company Ltd (509845) has a market capitalisation of Rs 13.7 Cr. at the 2026-10-01 close.

What is the P/E ratio of R J Shah & Company Ltd?

R J Shah & Company Ltd trades at a P/E of 5.67 on trailing twelve-month profit, at the 2026-10-01 close.

What were R J Shah & Company Ltd's latest quarterly results?

In the Jun 2026 quarter, R J Shah & Company Ltd sales was Rs 0 Cr and net profit was Rs 0 Cr.

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