MarketFriction

Pratik Panels Ltd

BSE 526490 · Forest Products
₹3.80 -4.04%
BSE close2026-10-01
Market cap₹23.8 Cr.
P/E15.5

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
Sales0.000.801.790.771.010.910.361.722.313.693.081.72
Expenses0.080.351.670.780.960.890.361.621.852.952.691.77
Operating Profit-0.080.450.12-0.010.050.020.000.100.460.740.39-0.05
OPM %56.25%6.70%-1.30%4.95%2.20%0.00%5.81%19.91%20.05%12.66%-2.91%
Other Income0.000.010.050.060.000.000.140.180.170.160.200.18
Interest0.000.000.000.000.000.000.000.000.000.000.040.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax-0.080.460.170.050.050.020.140.280.630.900.550.13
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%10.71%31.75%28.89%30.91%23.08%
Net Profit-0.080.460.170.050.050.020.140.240.430.640.380.09
EPS in Rs-0.010.070.030.010.010.000.020.040.070.100.060.01
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.320.000.000.000.000.000.000.312.593.0610.7910.80
Expenses0.650.060.060.110.100.450.130.232.183.019.109.26
Operating Profit-0.33-0.06-0.06-0.11-0.10-0.45-0.130.080.410.051.691.54
OPM %-103.12%25.81%15.83%1.63%15.66%14.26%
Other Income0.720.100.070.000.000.000.000.000.060.210.710.71
Interest0.090.030.000.000.000.000.020.040.000.000.040.04
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.300.010.01-0.11-0.10-0.45-0.150.040.470.262.362.21
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%28.39%
Net Profit0.300.010.01-0.11-0.10-0.45-0.150.040.470.261.691.54
EPS in Rs0.770.030.03-0.28-0.26-1.15-0.380.010.070.040.260.24
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 Growth42%%227%170%
Compounded Profit Growth19%42%248%191%
Stock Price CAGR4%-2%-24%-57%
Return on Equity%%14%24%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3.903.903.903.903.903.903.903.906.396.396.396.39
Reserves-3.92-3.62-3.62-3.61-3.72-3.82-4.27-4.42-0.87-0.40-0.141.55
Borrowings1.790.820.190.080.200.280.360.490.040.000.280.01
Other Liabilities0.830.700.100.010.010.020.020.040.070.050.044.61
Total Liabilities2.601.800.570.380.390.380.010.015.636.046.5712.56
Fixed Assets0.210.000.000.000.000.000.000.000.000.000.000.00
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets2.391.800.570.380.390.380.010.015.636.046.5712.56
Total Assets2.601.800.570.380.390.380.010.015.636.046.5712.56
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.01-0.110.620.11-0.12-0.08-0.08-0.11-5.500.44-1.091.56
Cash from Investing Activity0.111.080.000.000.000.000.000.000.00-0.370.89-1.37
Cash from Financing Activity-0.13-0.97-0.63-0.110.120.080.080.115.51-0.040.28-0.31
Net Cash Flow-0.010.00-0.010.000.000.000.010.000.010.030.08-0.12
Free Cash Flow0.120.940.620.11-0.12-0.08-0.08-0.11-5.500.44-1.091.56
CFO/OP-8%33%-1,033%-183%109%80%18%85%-6,850%120%-2,140%99%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7,178.332,030.31376.7774.690.0024.69
Inventory Days1,764.170.00170.460.0068.44
Days Payable0.000.0055.76
Cash Conversion Cycle8,942.502,030.31376.77245.150.0037.37
Working Capital Days6,205.001,231.886,487.58837.10728.81267.91
ROCE %-7.35%-24.39%5.10%2.38%-29.33%-27.03%-257.14%2.89%11.26%5.43%33.15%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters2.40%2.40%2.40%2.40%2.40%2.40%2.40%2.40%0.00%0.00%0.00%0.00%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%2.19%6.03%6.03%6.03%6.03%6.03%
Public97.59%97.59%97.60%97.60%97.60%97.60%95.41%91.58%93.96%93.98%93.97%93.97%
No. of Shareholders4,1824,1784,1614,1676,1269,60712,18112,20712,27911,88711,72711,775

Fundamentals

Market Cap₹ 23.8 Cr.
Current Price₹ 3.73
Stock P/E15.5
Book Value₹ 1.24
ROCE33.2 %
ROE23.8 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)170%
Compounded Profit Growth (TTM)191%
Standalone figures.
Valuation
Market capRs 24 Cr
Enterprise valueRs 24 Cr
P/E (TTM)15.77x
Price to book3.06x
Price to sales2.25x
EV / EBITDA10.79x
EV / EBIT10.79x
EV / sales2.25x
Price to cash flow15.56x
Earnings yield6.34%
P/E, 3-year average107.84x
P/B, 3-year average7.52x
P/E, 5-year average393.59x
P/B, 5-year average5.58x
Profitability
Operating margin (excl. other income)15.66%
Operating margin (incl. other income)22.24%
EBITDA margin20.83%
Pre-tax margin20.46%
Net profit margin14.26%
Net margin, latest quarter5.23%
ROE23.82%
ROCE33.15%
ROA17.67%
ROE, 3-year average12.08%
ROCE, 3-year average15.15%
ROA, 3-year average9.95%
ROE, 5-year average14.31%
ROCE, 5-year average12.08%
ROA, 5-year average-293.75%
ROIC (approx.)20.29%
Tax rate28.39%
Other income / net worth8.94%
Growth
Sales growth (latest year)252.61%
Profit growth (latest year)550.00%
Sales CAGR, 3 years226.50%
Profit CAGR, 3 years248.29%
Sales growth QoQ-44.16%
Profit growth QoQ-76.32%
Sales growth YoY (latest quarter)0.00%
Profit growth YoY (latest quarter)-62.50%
Per share
EPS (TTM)Rs 0.24
EPS (latest year)Rs 0.26
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs 0.13
EPS, 5-year averageRs 0.00
Book value per shareRs 1.24
Sales per shareRs 1.69
Cash flow per shareRs 0.24
Free cash flow per shareRs 0.24
Efficiency
Asset turnover0.86x
Inventory turnover5.33x
Inventory days68 days
Debtor days25 days
Debtors turnover14.78x
Creditor days56 days
Cash conversion cycle37 days
Working capital days268 days
Leverage
Total debtRs 0 Cr
Cash and bankRs 0 Cr
Net debtRs 0 Cr
Debt to equity0.00x
Net debt / EBITDA0.00x
Interest coverage56.25x
Owners' fund to total sources63.22%
Debt to assets0.08%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -1 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 1 Cr
Cash from ops / profit, 5 years-2.03x
Sales to cash flow6.92x
Statement figures
Net sales (TTM)Rs 11 Cr
Net sales (latest year)Rs 11 Cr
Sales (latest quarter)Rs 2 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 2 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
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 9 Cr
Total expenditure (latest year)Rs 9 Cr
Total income (latest year)Rs 12 Cr
Share capitalRs 6 Cr
ReservesRs 2 Cr
Shareholders' fundsRs 8 Cr
Total assetsRs 13 Cr
ReceivablesRs 1 Cr
InventoryRs 2 Cr
Other liabilitiesRs 5 Cr
Shares outstanding (crore)6.39
Ownership
Promoter holding0.00% (-2.40 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 15.8 is the lowest in its own 2.4-year history (median 78.6, low 15.8, high 220.0).
P/B 3.06 is the lowest in 6.0 years (median 10.01).
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.
Period526490Nifty 50Difference
1 week-3.8%-2.8% -1.0 pts
1 month-14.2%-6.8% -7.4 pts
3 months-37.6%-7.6% -30.0 pts
3 years-56.1%+14.2% -70.2 pts
5 years-12.8%+27.9% -40.7 pts

Red flags

F-score 7 of 8
explainWeak cash conversion Cash from operations was 38% of net profit over the last 3 years
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 ₹2 Cr +0.0% vs Jun 2025. Net profit ₹0 Cr -62.5%.

Activity

Compare
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 Pratik Panels Ltd?

Pratik Panels Ltd (526490) has a market capitalisation of Rs 23.8 Cr. at the 2026-10-01 close.

What is the P/E ratio of Pratik Panels Ltd?

Pratik Panels Ltd trades at a P/E of 15.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Pratik Panels Ltd's latest quarterly results?

In the Jun 2026 quarter, Pratik Panels Ltd sales was Rs 2 Cr (+0.0% 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