MarketFriction

Alfa Transformers Ltd

BSE 517546 · Other Electrical Equipment
₹37.95 +2.60%
BSE close2026-10-01
Market cap₹33.0 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
Sales13.8713.3711.358.1217.1112.5012.494.875.7522.309.575.55
Expenses13.0312.6910.917.1215.4611.5811.854.865.7420.6011.155.52
Operating Profit0.840.680.441.001.650.920.640.010.011.70-1.580.03
OPM %6.06%5.09%3.88%12.32%9.64%7.36%5.12%0.21%0.17%7.62%-16.51%0.54%
Other Income0.100.110.200.040.090.110.330.110.050.220.660.03
Interest0.390.360.360.370.530.410.420.380.441.260.380.45
Depreciation0.270.270.270.280.280.280.270.270.280.830.270.29
Profit before tax0.280.160.010.390.930.340.28-0.53-0.66-0.17-1.57-0.68
Tax %-2,064.29%-37.50%-1,100.00%166.67%-5.38%-14.71%139.29%-24.53%-12.12%223.53%-33.12%-1.47%
Net Profit6.060.220.12-0.250.980.40-0.12-0.40-0.58-0.54-1.05-0.66
EPS in Rs6.620.240.13-0.271.070.44-0.13-0.44-0.63-0.59-1.15-0.72
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales26.8125.4646.0964.4132.7119.599.6428.8850.7250.0331.8743.17
Expenses24.6025.4045.9063.2238.0725.5712.3026.2447.1345.8231.7543.01
Operating Profit2.210.060.191.19-5.36-5.98-2.662.643.594.210.120.16
OPM %8.24%0.24%0.41%1.85%-16.39%-30.53%-27.59%9.14%7.08%8.41%0.38%0.37%
Other Income0.230.270.170.410.301.010.430.310.560.570.880.96
Interest1.651.971.971.821.351.130.861.191.441.731.642.53
Depreciation1.351.191.151.221.221.161.121.031.071.101.101.67
Profit before tax-0.56-2.83-2.76-1.44-7.63-7.26-4.210.731.641.95-1.74-3.08
Tax %-3.57%0.00%0.36%-2.08%0.00%62.40%-5.94%-38.36%-365.24%48.21%-8.05%
Net Profit-0.54-2.83-2.77-1.41-7.63-11.79-3.961.017.631.01-1.59-2.83
EPS in Rs-1.01-4.49-3.75-1.54-8.34-12.88-4.331.108.341.10-1.74-3.09
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 Growth2%10%3%-8%
Compounded Profit Growth%13%%-429%
Stock Price CAGR4%32%-15%-40%
Return on Equity-9%5%11%-7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.365.366.317.409.159.159.159.159.159.159.159.15
Reserves10.6910.1528.5227.1030.2422.498.334.285.2812.8813.8912.30
Borrowings6.899.559.728.107.366.014.395.037.759.349.4111.76
Other Liabilities9.396.967.4923.3515.1214.2414.6013.1413.938.727.278.40
Total Liabilities32.3332.0252.0465.9561.8751.8936.4731.6036.1140.0939.7241.61
Fixed Assets14.4413.2031.7531.0030.4229.4723.7122.4421.8320.9120.1121.59
CWIP0.000.000.020.030.030.470.330.330.000.170.840.00
Investments0.130.130.130.130.010.010.010.010.000.000.000.00
Other Assets17.7618.6920.1434.7931.4121.9412.428.8214.2819.0118.7720.02
Total Assets32.3332.0252.0465.9561.8751.8936.4731.6036.1140.0939.7241.61
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1.99-0.96-2.34-1.52-2.32-1.14-0.54-0.58-2.28-0.05-0.120.87
Cash from Investing Activity0.53-0.090.04-0.70-3.891.53-0.090.87-0.560.05-0.73-1.75
Cash from Financing Activity-2.571.012.342.196.18-0.150.38-0.282.850.000.850.88
Net Cash Flow-0.05-0.040.04-0.03-0.030.24-0.250.010.010.000.00-0.01
Free Cash Flow2.28-1.09-2.34-1.93-2.96-2.05-1.57-0.61-2.40-0.38-1.10-0.86
CFO/OP98%-47%-3,833%-858%-195%21%9%22%-86%-1%-3%725%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days78.6069.5785.01140.8069.9357.8047.3368.9131.7241.3139.9867.46
Inventory Days167.54192.25188.44120.2675.32130.6680.58149.84113.3662.1882.17128.58
Days Payable130.7584.6789.09196.1083.00126.77142.74247.34108.5651.6837.1289.05
Cash Conversion Cycle115.39177.16184.3664.9762.2561.70-14.83-28.5836.5351.8085.03106.99
Working Capital Days3.7417.1532.2617.8224.37-12.05-57.01-143.500.6315.1136.4136.99
ROCE %2.63%4.54%-2.47%-1.81%0.58%-14.81%-23.35%-16.46%9.84%11.50%11.53%-0.30%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters47.49%47.49%46.82%46.87%46.87%46.87%46.82%46.75%46.76%46.79%46.79%46.80%
Public52.50%52.51%53.19%53.13%53.11%53.12%53.16%53.24%53.24%53.20%53.20%53.19%
No. of Shareholders5,3206,8767,6019,0089,90711,27611,46711,81211,33011,01210,82510,708

Fundamentals

Market Cap₹ 33.0 Cr.
Current Price₹ 36.0
Book Value₹ 23.4
ROCE-0.30 %
ROE-7.15 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-8%
Compounded Profit Growth (TTM)-429%
Standalone figures.
Valuation
Market capRs 35 Cr
Enterprise valueRs 43 Cr
Price to book1.62x
Price to sales0.80x
EV / EBITDA38.57x
EV / sales1.00x
Price to cash flow39.92x
Earnings yield-8.15%
P/E, 3-year average33.66x
P/B, 3-year average2.53x
P/E, 5-year average28.32x
P/B, 5-year average1.85x
Profitability
Operating margin (excl. other income)0.38%
Operating margin (incl. other income)3.14%
EBITDA margin2.59%
Pre-tax margin-7.13%
Net profit margin-6.56%
Net margin, latest quarter-11.89%
ROE-7.15%
ROCE-0.30%
ROA-3.91%
ROE, 3-year average13.06%
ROCE, 3-year average7.58%
ROA, 3-year average6.22%
ROE, 5-year average4.16%
ROCE, 5-year average3.11%
ROA, 5-year average2.00%
ROIC (approx.)-1.69%
Tax rate8.05%
Other income / net worth4.10%
Growth
Sales growth (latest year)-36.30%
Profit growth (latest year)-257.43%
Sales CAGR, 3 years3.34%
Sales CAGR, 5 years10.22%
Sales growth QoQ-42.01%
Sales growth YoY (latest quarter)13.96%
Per share
EPS (TTM)Rs -3.09
EPS (latest year)Rs -1.74
EPS (latest quarter)Rs -0.72
EPS, 3-year averageRs 2.57
EPS, 5-year averageRs 0.90
Book value per shareRs 23.44
Sales per shareRs 47.18
Cash flow per shareRs 0.95
Free cash flow per shareRs -0.94
Efficiency
Asset turnover0.77x
Fixed asset turnover1.48x
Inventory turnover2.98x
Inventory days122 days
Debtor days67 days
Debtors turnover5.41x
Creditor days89 days
Cash conversion cycle107 days
Working capital days37 days
Leverage
Total debtRs 12 Cr
Cash and bankRs 3 Cr
Net debtRs 8 Cr
Debt to equity0.55x
Net debt / EBITDA7.56x
Interest coverage-0.22x
Owners' fund to total sources51.55%
Debt to assets28.26%
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 1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years-0.53x
Sales to cash flow36.63x
Statement figures
Net sales (TTM)Rs 43 Cr
Net sales (latest year)Rs 32 Cr
Sales (latest quarter)Rs 6 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -3 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs -3 Cr
Net profit (latest year)Rs -2 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 25 Cr
Total expenditure (latest year)Rs 32 Cr
Total income (latest year)Rs 33 Cr
Share capitalRs 9 Cr
ReservesRs 12 Cr
Shareholders' fundsRs 21 Cr
Total assetsRs 42 Cr
Net blockRs 22 Cr
ReceivablesRs 6 Cr
InventoryRs 8 Cr
Other liabilitiesRs 8 Cr
Shares outstanding (crore)0.92
Ownership
Promoter holding46.80% (+0.05 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 1.62 is at the 67th percentile (median 0.81).
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.
Period517546Nifty 50Difference
1 week+19.0%-2.8% +21.7 pts
1 month+11.9%-6.8% +18.7 pts
3 months-13.8%-7.6% -6.2 pts
3 years-34.7%+14.2% -48.9 pts
5 years+317.0%+27.9% +289.1 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was 10% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew 7% vs sales -36% in 2026
lookInventory outrunning sales Inventory grew 4% vs sales -36% 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 ₹6 Cr +14.0% 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 Alfa Transformers Ltd?

Alfa Transformers Ltd (517546) has a market capitalisation of Rs 33.0 Cr. at the 2026-10-01 close.

What were Alfa Transformers Ltd's latest quarterly results?

In the Jun 2026 quarter, Alfa Transformers Ltd sales was Rs 6 Cr (+14.0% 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