MarketFriction

Conart Engineers Ltd

BSE 522231 · Civil Construction
₹80.29 -0.34%
BSE close2026-10-09
Market cap₹53.9 Cr.
P/E14.5

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
Revenue from operations11.6413.7713.779.9210.5714.1621.8814.7816.2315.6115.6120.08
Operating costs10.7212.1412.149.6810.3113.9619.6314.3314.7314.6614.6319.17
EBITDA0.921.631.630.240.260.202.250.451.500.950.980.91
EBITDA margin %7.90%11.84%11.84%2.42%2.46%1.41%10.28%3.04%9.24%6.09%6.28%4.53%
Depreciation & amortisation0.150.140.140.150.140.180.070.160.180.200.130.16
Finance costs0.000.000.000.010.000.000.000.000.000.000.010.01
Non-operating income0.270.040.040.100.050.070.301.010.410.060.340.19
Pre-tax profit1.041.531.530.180.170.092.481.301.730.811.180.93
Effective tax rate %8.65%24.18%24.18%-66.67%-111.76%-122.22%49.60%45.38%24.86%25.93%5.08%24.73%
Profit after tax0.951.161.160.300.360.211.250.721.290.611.110.70
Earnings per share (Rs)1.511.841.840.480.570.331.991.152.050.971.771.11
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue from operations20.7520.4322.5131.0325.2221.7136.5635.4948.8956.5362.2367.53
Operating costs19.0618.4920.6828.7123.8120.8034.7732.5645.3252.6158.3663.19
EBITDA1.691.941.832.321.410.911.792.933.573.923.874.34
EBITDA margin %8.14%9.50%8.13%7.48%5.59%4.19%4.90%8.26%7.30%6.93%6.22%6.43%
Depreciation & amortisation0.510.520.490.500.510.440.470.540.600.540.670.67
Finance costs0.030.050.050.000.010.010.000.030.030.020.010.02
Non-operating income0.480.540.330.440.670.950.410.170.550.511.831.00
Pre-tax profit1.631.911.622.261.561.411.732.533.493.875.024.65
Effective tax rate %31.29%32.98%25.93%26.11%23.72%26.95%26.01%21.74%11.75%30.75%25.70%
Profit after tax1.121.291.201.671.191.041.281.973.082.683.733.71
Earnings per share (Rs)1.872.151.902.651.891.652.033.134.894.275.945.90
Paid out as dividend %0.00%0.00%0.00%0.00%26.39%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Revenue CAGR12%23%21%10%
Profit CAGR6%38%3%46%
Share price CAGR16%37%44%-7%
Average return on equity7%8%8%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Net block (property, plant)3.423.823.385.045.124.213.994.545.925.335.846.37
Capital work in progress0.000.010.000.000.000.000.000.000.000.000.000.00
Investments2.342.052.073.233.266.948.407.357.7410.0911.5610.91
Current & other assets10.4711.8514.1013.6617.3813.8913.2316.0916.0418.1624.4226.18
Total assets16.2317.7319.5521.9325.7625.0425.6227.9829.7033.5841.8243.46
Share capital3.003.003.003.143.143.143.143.143.143.143.143.14
Reserves & surplus10.5411.6612.9614.6516.4017.4118.2219.9222.1425.8928.9831.87
Total debt0.080.300.190.070.000.000.000.000.050.040.020.01
Other liabilities & provisions2.612.773.404.076.224.494.264.924.374.519.688.44
Equity + liabilities16.2317.7319.5521.9325.7625.0425.6227.9829.7033.5841.8243.46
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating cash flow2.41-0.410.141.25-0.491.931.99-1.484.070.914.91-1.46
Investing cash flow0.97-0.61-0.05-3.21-0.44-2.74-1.150.70-1.88-1.08-1.650.10
Free cash flow (after capex)2.18-1.340.071.02-1.372.341.77-3.112.150.933.95-2.66
Financing cash flow-0.210.22-0.110.60-0.07-0.39-0.010.000.01-0.03-0.03-0.02
Net change in cash3.17-0.80-0.02-1.36-1.00-1.200.83-0.782.20-0.203.24-1.39
Cash conversion (OCF / EBITDA) %397%-2%17%94%-3%164%184%-71%152%48%148%-3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Return on capital employed %9.45%11.69%12.47%9.82%12.14%5.39%2.77%7.20%10.33%11.62%12.19%11.20%
Receivable days54.8266.84125.60120.48126.57137.63107.6099.6463.5677.0556.0455.84
Inventory days34.83101.0492.66150.52119.1083.03212.39120.20124.5871.76182.00118.09
Payable days48.0995.7293.60162.34137.9195.65124.6384.2950.8441.03102.3959.89
Cash cycle (days)41.5672.16124.66108.65107.76125.02195.35135.55137.30107.78135.66114.04
Working capital days27.3159.98103.44101.34105.28124.90124.92103.1391.2279.2956.6976.19
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoter group %44.54%44.55%44.55%44.55%44.55%44.23%44.23%44.23%44.23%44.24%44.24%44.24%
Foreign investors %0.00%0.28%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Retail & others %55.46%55.17%55.45%55.44%55.44%55.76%55.77%55.77%55.77%55.76%55.75%55.75%
Shareholder count3,8743,9994,5255,1905,6966,2536,3936,1055,7965,5815,4695,404

Fundamentals

Market value₹ 53.9 Cr.
Last price₹ 85.8
P/E (trailing)14.5
Book value / share₹ 55.8
Return on capital11.2 %
Return on equity6.26 %
Dividend yield0.00 %
Face value₹ 5.00
Revenue CAGR (TTM)10%
Profit CAGR (TTM)46%
Standalone figures.
Valuation
Market capRs 50 Cr
Enterprise valueRs 46 Cr
P/E (TTM)13.59x
Price to book1.44x
Price to sales0.75x
EV / EBITDA8.63x
EV / EBIT9.87x
EV / sales0.68x
Earnings yield7.36%
P/E, 3-year average10.59x
P/B, 3-year average1.00x
P/E, 5-year average7.78x
P/B, 5-year average0.69x
Profitability
Operating margin (excl. other income)6.22%
Operating margin (incl. other income)9.16%
EBITDA margin7.89%
Pre-tax margin6.89%
Net profit margin5.49%
Net margin, latest quarter3.49%
ROE11.11%
ROCE14.98%
ROA8.75%
ROE, 3-year average10.41%
ROCE, 3-year average13.54%
ROA, 3-year average8.53%
ROE, 5-year average9.03%
ROCE, 5-year average11.80%
ROA, 5-year average7.44%
ROIC (approx.)11.32%
Tax rate25.70%
Other income / net worth5.23%
Growth
Sales growth (latest year)10.08%
Profit growth (latest year)39.18%
Sales CAGR, 3 years20.59%
Sales CAGR, 5 years23.44%
Profit CAGR, 3 years23.71%
Profit CAGR, 5 years29.10%
Sales growth QoQ28.64%
Profit growth QoQ-36.94%
Sales growth YoY (latest quarter)35.86%
Profit growth YoY (latest quarter)-2.78%
Per share
EPS (TTM)Rs 5.91
EPS (latest year)Rs 5.94
EPS (latest quarter)Rs 1.11
EPS, 3-year averageRs 6.67
EPS, 5-year averageRs 6.07
Book value per shareRs 55.75
Sales per shareRs 107.53
Cash flow per shareRs -2.32
Free cash flow per shareRs -4.24
Efficiency
Asset turnover1.43x
Fixed asset turnover9.77x
Inventory turnover5.36x
Inventory days68 days
Debtor days56 days
Debtors turnover6.54x
Creditor days60 days
Cash conversion cycle114 days
Working capital days76 days
Leverage
Total debtRs 0 Cr
Cash and bankRs 4 Cr
Net debtRs -4 Cr
Debt to equity0.00x
Net debt / EBITDA-0.83x
Interest coverage466.00x
Owners' fund to total sources80.56%
Debt to assets0.02%
Cash flow
Operating cash flow (latest year)Rs -1 Cr
Investing cash flow (latest year)Rs 0 Cr
Financing cash flow (latest year)Rs -0 Cr
Net change in cash (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs -3 Cr
Cash from ops / profit, 5 years0.55x
Statement figures
Net sales (TTM)Rs 68 Cr
Net sales (latest year)Rs 62 Cr
Sales (latest quarter)Rs 20 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 52 Cr
Total expenditure (latest year)Rs 58 Cr
Total income (latest year)Rs 64 Cr
Share capitalRs 3 Cr
ReservesRs 32 Cr
Shareholders' fundsRs 35 Cr
Total assetsRs 43 Cr
Net blockRs 6 Cr
InvestmentsRs 11 Cr
ReceivablesRs 10 Cr
InventoryRs 10 Cr
Other liabilitiesRs 8 Cr
Shares outstanding (crore)0.63
Ownership
Promoter holding44.24% (+0.01 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 13.6 is at the 73th percentile of its own 9.4-year range (median 10.1, low 3.5, high 35.5).
P/B 1.44 is at the 73th percentile (median 0.59).
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.
Period522231Nifty 50Difference
1 week-6.5%+0.4% -6.9 pts
1 month-16.2%-4.7% -11.5 pts
3 months-10.9%-7.0% -4.0 pts
6 months+16.4%-6.2% +22.5 pts
3 years+180.7%+14.4% +166.4 pts
5 years+358.8%+25.8% +333.0 pts
Promoter group 44.24%Retail & others 55.75% Jun 2026holding %
HolderNowvs last qtrvs 1 yr
Promoter group44.24% +0.00 +0.01
Retail & others55.75% +0.00 -0.02
Shareholders5,404-701
Changes in percentage points. Quarter Jun 2026.

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was 46% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 12% of total assets 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 ₹20 Cr +35.9% vs Jun 2025. Net profit ₹1 Cr -2.8%.

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 Conart Engineers Ltd?

Conart Engineers Ltd (522231) has a market capitalisation of Rs 53.9 Cr. at the 2026-10-09 close.

What is the P/E ratio of Conart Engineers Ltd?

Conart Engineers Ltd trades at a P/E of 14.5 on trailing twelve-month profit, at the 2026-10-09 close.

What were Conart Engineers Ltd's latest quarterly results?

In the Jun 2026 quarter, Conart Engineers Ltd sales was Rs 20 Cr (+35.9% 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 2026-10-09