MarketFriction

Alpine Housing Development Corporation Ltd

BSE 526519 · Residential, Commercial Projects
₹95.75 -4.49%
BSE close2026-10-01
Market cap₹169 Cr.
P/E22.6

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
Sales13.4512.2715.3911.589.9522.2415.4417.3215.2822.2420.9416.76
Expenses11.6110.6113.0110.338.5019.3311.6316.0613.7218.9616.3113.71
Operating Profit1.841.662.381.251.452.913.811.261.563.284.633.05
OPM %13.68%13.53%15.46%10.79%14.57%13.08%24.68%7.27%10.21%14.75%22.11%18.20%
Other Income0.000.00-0.020.000.000.00-0.080.000.000.00-0.050.00
Interest0.530.470.610.440.540.550.530.470.410.380.550.36
Depreciation0.170.310.350.260.260.270.300.280.290.330.560.35
Profit before tax1.140.881.400.550.652.092.900.510.862.573.472.34
Tax %24.56%14.77%14.29%9.09%18.46%18.18%19.66%-3.92%19.77%15.56%24.78%17.09%
Net Profit0.860.751.200.490.521.712.340.540.692.172.621.95
EPS in Rs0.500.430.690.280.300.991.350.310.401.251.511.13
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales23.9927.7030.2530.9640.5442.1644.8947.6854.8855.3872.8875.22
Expenses18.4823.0125.3725.1734.5036.3839.8543.0650.4149.7865.0462.70
Operating Profit5.514.694.885.796.045.785.044.624.475.607.8412.52
OPM %22.97%16.93%16.13%18.70%14.90%13.71%11.23%9.69%8.15%10.11%10.76%16.64%
Other Income1.181.041.431.211.330.980.601.082.663.732.85-0.05
Interest0.621.151.852.442.712.632.552.172.102.051.801.70
Depreciation0.840.860.710.800.790.700.560.750.961.091.461.53
Profit before tax5.233.723.753.763.873.432.532.784.076.197.439.24
Tax %22.56%18.55%16.53%21.54%14.99%16.91%17.79%14.39%15.72%18.09%19.11%
Net Profit4.053.033.132.963.292.842.082.383.435.066.017.43
EPS in Rs2.341.751.811.711.901.641.201.371.982.923.474.29
Dividend Payout %19.24%21.44%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 Growth12%12%15%16%
Compounded Profit Growth4%16%36%44%
Stock Price CAGR19%37%-10%-23%
Return on Equity5%5%6%7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6.5012.9912.9912.9917.3217.3217.3217.3217.3217.3217.3217.32
Reserves47.4544.0147.0449.3948.0251.3254.1656.2458.6262.0566.2572.26
Borrowings38.8741.2052.9667.9959.4844.4441.3544.1921.5616.9214.3814.57
Other Liabilities42.0062.4161.5059.7166.1271.7553.4339.9748.1144.2148.4569.75
Total Liabilities134.82160.61174.49190.08190.94184.83166.26157.72145.61140.50146.40173.90
Fixed Assets14.4814.8214.2012.5212.2111.9211.4311.2210.6814.7616.1919.57
CWIP0.870.020.020.000.000.000.070.000.000.000.000.00
Investments0.040.040.040.040.040.040.040.110.130.170.180.15
Other Assets119.43145.73160.23177.52178.69172.87154.72146.39134.80125.57130.03154.18
Total Assets134.82160.61174.49190.08190.94184.83166.26157.72145.61140.50146.40173.90
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-12.220.96-14.50-14.679.9014.424.29-1.9520.8412.436.6823.40
Cash from Investing Activity-0.78-0.21-0.211.15-0.03-0.91-0.050.170.13-3.87-1.22-3.14
Cash from Financing Activity12.942.9011.6214.94-8.84-15.04-4.171.60-22.39-6.40-4.59-1.62
Net Cash Flow-0.073.64-3.081.421.03-1.530.06-0.18-1.412.160.8718.64
Free Cash Flow-13.150.65-14.73-13.169.9614.564.29-1.7521.058.526.0620.02
CFO/OP-620%43%-305%-269%196%248%91%-17%473%301%131%312%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days468.43193.23186.45178.58154.32180.70229.25260.76271.30173.79265.41212.75
Inventory Days7,426.497,694.282,267.132,170.961,501.801,028.801,056.64849.491,762.78
Days Payable364.37308.40130.7939.9437.2638.1339.1448.2865.88
Cash Conversion Cycle468.43193.23186.457,240.707,540.212,317.042,360.271,725.301,261.971,191.291,066.621,909.65
Working Capital Days1,189.09794.661,098.03961.31989.25634.65615.89665.77496.21411.29389.52205.24
ROCE %2.40%6.25%4.62%4.50%4.87%5.69%5.39%4.41%4.64%6.39%8.57%9.18%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.85%73.86%73.86%73.86%73.86%73.86%73.86%73.86%73.86%73.86%73.86%73.86%
DIIs0.21%0.21%0.21%0.21%0.21%0.21%0.21%0.21%0.21%0.21%0.21%0.21%
Public25.94%25.93%25.93%25.93%25.94%25.93%25.94%25.92%25.93%25.93%25.92%25.93%
No. of Shareholders3,8793,9834,0034,1404,6644,5014,4784,2874,0714,0344,0074,012

Fundamentals

Market Cap₹ 169 Cr.
Current Price₹ 97.7
Stock P/E22.6
Book Value₹ 51.7
ROCE9.18 %
ROE6.99 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)16%
Compounded Profit Growth (TTM)44%
Standalone figures.
Valuation
Market capRs 166 Cr
Enterprise valueRs 158 Cr
P/E (TTM)22.32x
Price to book1.85x
Price to sales2.21x
EV / EBITDA12.67x
EV / EBIT14.44x
EV / sales2.10x
Price to cash flow7.09x
Earnings yield4.48%
P/E, 3-year average45.09x
P/B, 3-year average2.34x
P/E, 5-year average50.46x
P/B, 5-year average2.12x
Profitability
Operating margin (excl. other income)10.76%
Operating margin (incl. other income)14.67%
EBITDA margin16.58%
Pre-tax margin12.28%
Net profit margin9.88%
Net margin, latest quarter11.63%
ROE6.94%
ROCE9.13%
ROA3.75%
ROE, 3-year average5.86%
ROCE, 3-year average8.00%
ROA, 3-year average3.23%
ROE, 5-year average4.72%
ROCE, 5-year average6.60%
ROA, 5-year average2.51%
ROIC (approx.)10.83%
Tax rate19.11%
Other income / net worth3.18%
Growth
Sales growth (latest year)31.60%
Profit growth (latest year)18.77%
Sales CAGR, 3 years15.19%
Sales CAGR, 5 years11.57%
Profit CAGR, 3 years36.18%
Profit CAGR, 5 years16.17%
Sales growth QoQ-19.96%
Profit growth QoQ-25.57%
Sales growth YoY (latest quarter)-3.23%
Profit growth YoY (latest quarter)261.11%
Per share
EPS (TTM)Rs 4.29
EPS (latest year)Rs 3.47
EPS (latest quarter)Rs 1.13
EPS, 3-year averageRs 2.79
EPS, 5-year averageRs 2.19
Book value per shareRs 51.71
Sales per shareRs 43.42
Cash flow per shareRs 13.51
Free cash flow per shareRs 11.56
Efficiency
Asset turnover0.42x
Fixed asset turnover3.72x
Inventory turnover0.88x
Inventory days413 days
Debtor days213 days
Debtors turnover1.72x
Creditor days66 days
Cash conversion cycle1910 days
Working capital days205 days
Leverage
Total debtRs 15 Cr
Cash and bankRs 22 Cr
Net debtRs -8 Cr
Debt to equity0.16x
Net debt / EBITDA-0.63x
Interest coverage6.44x
Owners' fund to total sources51.51%
Debt to assets8.38%
Cash flow
Cash from Operating Activity (latest year)Rs 23 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 19 Cr
Free cash flow (latest year)Rs 20 Cr
FCFE (approx.: FCF + change in debt)Rs 20 Cr
Cash from ops / profit, 5 years3.24x
Sales to cash flow3.11x
Statement figures
Net sales (TTM)Rs 75 Cr
Net sales (latest year)Rs 73 Cr
Sales (latest quarter)Rs 17 Cr
Operating profit excl. other income (latest year)Rs 8 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 12 Cr
PBDT (TTM)Rs 11 Cr
Profit before tax (TTM)Rs 9 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 6 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 47 Cr
Total expenditure (latest year)Rs 65 Cr
Total income (latest year)Rs 76 Cr
Share capitalRs 17 Cr
ReservesRs 72 Cr
Shareholders' fundsRs 90 Cr
Total assetsRs 174 Cr
Net blockRs 20 Cr
InvestmentsRs 0 Cr
ReceivablesRs 42 Cr
InventoryRs 53 Cr
Other liabilitiesRs 70 Cr
Shares outstanding (crore)1.73
Ownership
Promoter holding73.86% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 22.3 is at the 50th percentile of its own 9.4-year range (median 18.7, low 4.7, high 132.9).
P/B 1.85 is at the 61th percentile (median 0.78).
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.
Period526519Nifty 50Difference
1 week-6.1%-2.8% -3.3 pts
1 month-22.4%-6.8% -15.6 pts
3 months+2.0%-7.6% +9.7 pts
3 years-32.3%+14.2% -46.5 pts
5 years+327.5%+27.9% +299.6 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
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 ₹17 Cr -3.2% vs Jun 2025. Net profit ₹2 Cr +261.1%.

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 Alpine Housing Development Corporation Ltd?

Alpine Housing Development Corporation Ltd (526519) has a market capitalisation of Rs 169 Cr. at the 2026-10-01 close.

What is the P/E ratio of Alpine Housing Development Corporation Ltd?

Alpine Housing Development Corporation Ltd trades at a P/E of 22.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Alpine Housing Development Corporation Ltd's latest quarterly results?

In the Jun 2026 quarter, Alpine Housing Development Corporation Ltd sales was Rs 17 Cr (-3.2% vs Jun 2025) and net profit was Rs 2 Cr.

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