MarketFriction

SBEC Systems (India) Ltd

BSE 517360 · Trading & Distributors
₹19.00 +1.33%
BSE close2026-10-01
Market cap₹20.2 Cr.
P/E13.7

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.650.701.170.660.770.781.040.750.920.810.990.70
Expenses0.300.140.190.160.180.360.170.280.690.470.210.19
Operating Profit0.350.560.980.500.590.420.870.470.230.340.780.51
OPM %53.85%80.00%83.76%75.76%76.62%53.85%83.65%62.67%25.00%41.98%78.79%72.86%
Other Income-0.010.010.000.000.000.500.020.200.220.000.070.16
Interest0.260.240.250.230.280.300.370.450.640.630.460.47
Depreciation0.000.000.000.000.03-0.030.000.000.000.000.000.01
Profit before tax0.080.330.730.270.280.650.520.22-0.19-0.290.390.19
Tax %-200.00%18.18%16.44%29.63%7.14%12.31%-173.08%0.00%0.00%0.00%-353.85%0.00%
Net Profit0.240.280.610.200.260.561.420.22-0.19-0.291.770.19
EPS in Rs
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.000.000.000.000.000.002.973.153.183.253.463.42
Expenses0.2111.6225.4910.991.000.270.701.010.780.861.641.56
Operating Profit-0.21-11.62-25.49-10.99-1.00-0.272.272.142.402.391.821.86
OPM %76.43%67.94%75.47%73.54%52.60%54.39%
Other Income0.020.15-0.260.72-0.120.23-0.140.000.010.520.490.45
Interest0.420.000.000.000.000.000.591.101.021.192.182.20
Depreciation0.000.000.000.000.000.000.000.000.000.000.010.01
Profit before tax-0.61-11.47-25.75-10.27-1.12-0.041.541.041.391.720.120.10
Tax %0.00%0.00%0.00%0.00%1.79%0.00%15.58%-6.73%4.32%-41.86%-1,150.00%
Net Profit-0.61-11.47-25.75-10.27-1.14-0.041.301.111.332.441.511.48
EPS in Rs
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%%3%2%
Compounded Profit Growth16%109%11%-40%
Stock Price CAGR%%1%-11%
Return on Equity%%%%
Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital10.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.00
Reserves-18.26-26.458.81-16.94-27.21-28.35-28.38-27.08-25.98-24.65-22.21-20.70
Borrowings14.8714.3614.4816.5417.5918.5718.6217.2517.0116.7421.5724.43
Other Liabilities2.922.802.791.280.360.050.050.250.320.451.971.97
Total Liabilities9.530.7136.0810.880.740.270.290.421.352.5411.3315.70
Fixed Assets0.000.000.000.000.000.000.000.000.000.021.401.34
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments6.860.0035.3710.160.000.000.000.000.000.000.050.05
Other Assets2.670.710.710.720.740.270.290.421.352.529.8814.31
Total Assets9.530.7136.0810.880.740.270.290.421.352.5411.3315.70
Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0.17-0.56-0.27-0.62-0.47-0.41-0.252.162.072.252.712.29
Cash from Investing Activity-2.250.000.000.000.000.000.000.000.00-1.06-6.22-2.57
Cash from Financing Activity2.380.560.240.610.470.400.26-2.12-2.00-1.283.570.26
Net Cash Flow-0.04-0.01-0.02-0.010.00-0.010.010.050.07-0.090.06-0.02
Free Cash Flow-0.17-0.56-0.27-0.62-0.47-0.41-0.252.162.071.18-3.61-0.57
CFO/OP94%267%2%2%4%41%93%108%110%101%123%141%
Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days35.6493.86103.30167.34152.96
Inventory Days
Days Payable
Cash Conversion Cycle35.6493.86103.30167.34152.96
Working Capital Days-1,169.97-937.41-786.24-938.89-992.67
ROCE %14.30%-73.53%-118.44%-203.41%-326.67%-17.39%1,107.32%356.67%154.49%50.83%19.92%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters51.00%51.00%51.00%51.00%51.00%51.00%51.00%51.00%51.00%51.00%51.00%51.00%
Public49.00%48.99%49.00%49.00%49.00%48.99%48.99%49.01%49.00%49.00%49.00%49.00%
No. of Shareholders20,11920,07420,15820,16919,96419,99220,25220,34220,35220,28220,25720,218

Fundamentals

Market Cap₹ 20.2 Cr.
Current Price₹ 20.2
Stock P/E13.7
Book Value₹
ROCE19.9 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)-40%
Consolidated figures.
Valuation
Market capRs 19 Cr
Enterprise valueRs 43 Cr
P/E (TTM)12.84x
Price to book-1.78x
Price to sales5.56x
EV / EBITDA18.76x
EV / EBIT18.84x
EV / sales12.67x
Price to cash flow8.30x
Earnings yield7.79%
P/E, 3-year average12.78x
P/B, 3-year average-1.59x
P/E, 5-year average14.52x
P/B, 5-year average-1.53x
Profitability
Operating margin (excl. other income)52.60%
Operating margin (incl. other income)66.76%
EBITDA margin67.54%
Pre-tax margin2.92%
Net profit margin43.27%
Net margin, latest quarter27.14%
ROE-13.18%
ROCE19.92%
ROA11.17%
ROE, 3-year average-13.34%
ROCE, 3-year average75.08%
ROA, 3-year average38.25%
ROE, 5-year average-10.82%
ROCE, 5-year average324.19%
ROA, 5-year average121.27%
ROIC (approx.)210.78%
Tax rate-1150.00%
Other income / net worth-4.58%
Growth
Sales growth (latest year)6.46%
Profit growth (latest year)-38.11%
Sales CAGR, 3 years3.18%
Profit CAGR, 3 years10.80%
Sales growth QoQ-29.29%
Profit growth QoQ-89.27%
Sales growth YoY (latest quarter)-6.67%
Profit growth YoY (latest quarter)-13.64%
Per share
EPS (TTM)Rs 1.48
EPS (latest year)Rs 1.51
EPS (latest quarter)Rs 0.19
EPS, 3-year averageRs 1.76
EPS, 5-year averageRs 1.54
Book value per shareRs -10.70
Sales per shareRs 3.42
Cash flow per shareRs 2.29
Free cash flow per shareRs -0.57
Efficiency
Asset turnover0.22x
Fixed asset turnover2.58x
Debtor days153 days
Debtors turnover2.39x
Cash conversion cycle153 days
Working capital days-993 days
Leverage
Total debtRs 24 Cr
Cash and bankRs 0 Cr
Net debtRs 24 Cr
Debt to equity-2.28x
Net debt / EBITDA10.54x
Interest coverage1.05x
Owners' fund to total sources-68.15%
Debt to assets155.61%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Cash from ops / profit, 5 years1.49x
Sales to cash flow1.51x
Statement figures
Net sales (TTM)Rs 3 Cr
Net sales (latest year)Rs 3 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs -1 Cr
Net profit (TTM)Rs 1 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 2 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 4 Cr
Share capitalRs 10 Cr
ReservesRs -21 Cr
Shareholders' fundsRs -11 Cr
Total assetsRs 16 Cr
Net blockRs 1 Cr
InvestmentsRs 0 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)1.00
Ownership
Promoter holding51.00% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 12.8 is at the 32th percentile of its own 4.2-year range (median 16.9, low 3.1, high 43.1).
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.
Period517360Nifty 50Difference
1 week-0.6%-2.8% +2.2 pts
1 month-5.5%-6.8% +1.3 pts
3 months-7.4%-7.6% +0.2 pts
3 years-2.2%+14.2% -16.4 pts

Red flags

F-score 5 of 8
seriousNegative equity Shareholders' equity is negative
explainLow interest cover Interest cover 1.1x in 2026
lookProfit leans on other income Other income was 408% 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 ₹1 Cr -6.7% vs Jun 2025. Net profit ₹0 Cr -13.6%.

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 SBEC Systems (India) Ltd?

SBEC Systems (India) Ltd (517360) has a market capitalisation of Rs 20.2 Cr. at the 2026-10-01 close.

What is the P/E ratio of SBEC Systems (India) Ltd?

SBEC Systems (India) Ltd trades at a P/E of 13.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were SBEC Systems (India) Ltd's latest quarterly results?

In the Jun 2026 quarter, SBEC Systems (India) Ltd sales was Rs 1 Cr (-6.7% vs Jun 2025) 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