Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.96 | 14.96 | 26.23 | 17.71 | 31.90 | 25.31 | 39.83 | 17.85 | 15.00 | 18.10 | 17.28 | 13.75 |
| Expenses | 14.61 | 13.36 | 24.95 | 16.31 | 30.11 | 23.51 | 36.48 | 15.94 | 13.00 | 16.57 | 16.40 | 12.11 |
| Operating Profit | 1.35 | 1.60 | 1.28 | 1.40 | 1.79 | 1.80 | 3.35 | 1.91 | 2.00 | 1.53 | 0.88 | 1.64 |
| OPM % | 8.46% | 10.70% | 4.88% | 7.91% | 5.61% | 7.11% | 8.41% | 10.70% | 13.33% | 8.45% | 5.09% | 11.93% |
| Other Income | 0.00 | 0.00 | 0.13 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 | 0.00 | 0.17 | 0.00 |
| Interest | 0.97 | 1.19 | 1.21 | 1.00 | 1.01 | 0.95 | 0.95 | 0.76 | 1.05 | 0.91 | 0.98 | 0.97 |
| Depreciation | 0.12 | 0.12 | 0.09 | 0.11 | 0.12 | 0.18 | 0.05 | 0.11 | 0.10 | 0.11 | 0.07 | 0.07 |
| Profit before tax | 0.26 | 0.29 | 0.11 | 0.29 | 0.66 | 0.67 | 2.50 | 1.04 | 0.85 | 0.51 | 0.00 | 0.60 |
| Tax % | 0.00% | 0.00% | 236.36% | 0.00% | 0.00% | 0.00% | 37.60% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Net Profit | 0.27 | 0.29 | -0.16 | 0.29 | 0.66 | 0.67 | 1.57 | 1.04 | 0.85 | 0.51 | -0.66 | 0.61 |
| EPS in Rs | 0.14 | 0.15 | -0.08 | 0.13 | 0.29 | 0.29 | 0.69 | 0.46 | 0.37 | 0.22 | -0.29 | 0.27 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44.50 | 36.15 | 50.03 | 60.06 | 49.12 | 48.17 | 72.64 | 80.22 | 75.70 | 114.74 | 68.23 | 64.13 |
| Expenses | 40.79 | 31.48 | 44.27 | 54.22 | 44.86 | 43.11 | 67.44 | 73.81 | 69.93 | 106.40 | 61.91 | 58.08 |
| Operating Profit | 3.71 | 4.67 | 5.76 | 5.84 | 4.26 | 5.06 | 5.20 | 6.41 | 5.77 | 8.34 | 6.32 | 6.05 |
| OPM % | 8.34% | 12.92% | 11.51% | 9.72% | 8.67% | 10.50% | 7.16% | 7.99% | 7.62% | 7.27% | 9.26% | 9.43% |
| Other Income | 3.06 | 1.07 | 0.12 | 0.04 | 1.44 | 0.14 | 0.46 | -3.70 | 0.09 | 0.15 | 0.18 | 0.17 |
| Interest | 4.99 | 4.28 | 4.18 | 3.99 | 4.42 | 4.04 | 4.00 | 4.56 | 4.40 | 3.91 | 3.71 | 3.91 |
| Depreciation | 0.62 | 0.64 | 0.65 | 0.64 | 0.61 | 0.56 | 0.53 | 0.46 | 0.44 | 0.46 | 0.38 | 0.35 |
| Profit before tax | 1.16 | 0.82 | 1.05 | 1.25 | 0.67 | 0.60 | 1.13 | -2.31 | 1.02 | 4.12 | 2.41 | 1.96 |
| Tax % | 50.86% | 86.59% | 91.43% | 20.00% | 47.76% | 503.33% | 46.90% | -4.33% | 25.49% | 22.82% | 27.80% | |
| Net Profit | 0.56 | 0.11 | 0.09 | 1.00 | 0.36 | -2.42 | 0.60 | -2.21 | 0.76 | 3.18 | 1.74 | 1.31 |
| EPS in Rs | 0.29 | 0.06 | 0.05 | 0.53 | 0.19 | -1.27 | 0.32 | -1.16 | 0.40 | 1.39 | 0.76 | 0.57 |
| 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 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 4% | 7% | -5% | -44% | ||
| Compounded Profit Growth | 12% | 22% | 2% | -67% | ||
| Stock Price CAGR | 31% | 69% | 84% | -10% | ||
| Return on Equity | 3% | 6% | 7% | 5% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 7.61 | 9.12 | 9.12 |
| Reserves | 14.46 | 15.03 | 15.13 | 15.22 | 16.23 | 16.58 | 14.17 | 14.72 | 12.73 | 13.58 | 22.72 | 30.16 |
| Borrowings | 23.02 | 26.27 | 26.86 | 29.63 | 32.34 | 38.00 | 40.45 | 41.08 | 41.42 | 40.92 | 31.13 | 32.63 |
| Other Liabilities | 9.21 | 10.69 | 9.56 | 12.59 | 10.16 | 14.36 | 12.82 | 17.07 | 18.25 | 16.73 | 18.95 | 15.08 |
| Total Liabilities | 54.30 | 59.60 | 59.16 | 65.05 | 66.34 | 76.55 | 75.05 | 80.48 | 80.01 | 78.84 | 81.92 | 86.99 |
| Fixed Assets | 7.17 | 7.13 | 6.50 | 5.98 | 5.35 | 4.98 | 4.43 | 3.93 | 3.51 | 3.14 | 4.90 | 5.19 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 47.13 | 52.47 | 52.66 | 59.07 | 60.99 | 71.57 | 70.62 | 76.55 | 76.50 | 75.70 | 77.02 | 81.80 |
| Total Assets | 54.30 | 59.60 | 59.16 | 65.05 | 66.34 | 76.55 | 75.05 | 80.48 | 80.01 | 78.84 | 81.92 | 86.99 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.19 | -1.31 | -2.19 | -0.91 | -4.85 | -5.74 | -2.41 | -0.58 | 0.20 | 1.06 | 5.46 | -6.41 |
| Cash from Investing Activity | -0.13 | -0.58 | -0.01 | -0.13 | 0.00 | -0.24 | -0.01 | -0.03 | -0.04 | -0.08 | -2.22 | -0.67 |
| Cash from Financing Activity | 0.87 | 3.25 | 0.60 | 2.76 | 2.70 | 5.66 | 2.44 | 0.64 | 0.34 | -0.50 | -2.27 | 7.00 |
| Net Cash Flow | 0.56 | 1.35 | -1.60 | 1.72 | -2.15 | -0.32 | 0.03 | 0.02 | 0.50 | 0.48 | 0.97 | -0.08 |
| Free Cash Flow | -0.32 | -1.89 | -2.20 | -1.04 | -4.85 | -5.98 | -2.42 | -0.61 | 0.16 | 0.98 | 3.24 | -7.08 |
| CFO/OP | 5% | -29% | -36% | -2% | -76% | -129% | -43% | 3% | 3% | 22% | 77% | -89% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 93.91 | 122.79 | 161.15 | 129.35 | 122.27 | 139.10 | 108.81 | 69.04 | 29.30 | 23.39 | 65.18 | 73.24 |
| Inventory Days | 2,167.51 | 1,218.09 | 1,153.23 | 472.06 | 427.58 | 525.34 | 488.26 | 628.20 | 681.21 | 788.09 | 366.89 | 1,105.84 |
| Days Payable | 690.13 | 365.48 | 290.70 | 146.81 | 89.67 | 196.80 | 80.07 | 166.45 | 132.15 | 84.94 | 100.13 | 160.38 |
| Cash Conversion Cycle | 1,571.30 | 975.40 | 1,023.67 | 454.60 | 460.18 | 467.64 | 517.00 | 530.79 | 578.37 | 726.53 | 331.94 | 1,018.70 |
| Working Capital Days | 106.08 | 152.07 | 205.17 | 167.00 | 165.00 | 215.79 | 81.38 | 53.56 | 69.98 | 80.33 | 79.02 | 142.19 |
| ROCE % | 16.45% | 13.09% | 10.35% | 10.25% | 9.65% | 8.60% | 7.46% | 8.17% | 9.71% | 8.82% | 12.84% | 9.07% |
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Aug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 67.41% | 67.41% | 56.95% | 56.95% | 56.95% | 56.95% | 56.95% | 56.95% | 56.95% | 56.95% | 56.95% | 55.72% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.41% | 3.41% | 3.41% | 3.70% | 4.83% | 9.96% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.20% | 2.98% | 3.15% | 3.28% | 5.47% | 4.96% |
| Public | 32.60% | 32.60% | 43.06% | 43.06% | 43.06% | 43.04% | 37.44% | 36.66% | 36.49% | 36.09% | 32.76% | 29.35% |
| No. of Shareholders | 9,058 | 8,895 | 9,083 | 9,393 | 9,178 | 9,209 | 9,965 | 9,629 | 9,499 | 9,300 | 9,167 | 9,008 |
Fundamentals
Market Cap₹ 235 Cr.
Current Price₹ 90.5
Stock P/E179
Book Value₹ 17.2
ROCE9.07 %
ROE4.89 %
Dividend Yield0.00 %
Face Value₹ 4.00
Compounded Sales Growth (TTM)-44%
Compounded Profit Growth (TTM)-67%
Standalone figures.
Valuation
Market capRs 208 Cr
Enterprise valueRs 238 Cr
P/E (TTM)159.05x
Price to book5.30x
Price to sales3.25x
EV / EBITDA35.69x
EV / EBIT37.66x
EV / sales3.71x
Earnings yield0.63%
P/E, 3-year average59.82x
P/B, 3-year average3.18x
P/E, 5-year average53.98x
P/B, 5-year average2.31x
Profitability
Operating margin (excl. other income)9.26%
Operating margin (incl. other income)9.53%
EBITDA margin10.40%
Pre-tax margin3.76%
Net profit margin2.04%
Net margin, latest quarter4.44%
ROE4.89%
ROCE9.07%
ROA2.06%
ROE, 3-year average6.85%
ROCE, 3-year average10.22%
ROA, 3-year average2.32%
ROE, 5-year average2.58%
ROCE, 5-year average8.49%
ROA, 5-year average1.00%
ROIC (approx.)6.62%
Tax rate27.80%
Other income / net worth0.46%
Growth
Sales growth (latest year)-40.54%
Profit growth (latest year)-45.28%
Sales CAGR, 3 years-5.25%
Sales CAGR, 5 years7.21%
Sales growth QoQ-20.43%
Sales growth YoY (latest quarter)-22.97%
Profit growth YoY (latest quarter)-41.35%
Per share
EPS (TTM)Rs 0.57
EPS (latest year)Rs 0.76
EPS (latest quarter)Rs 0.27
EPS, 3-year averageRs 0.85
EPS, 5-year averageRs 0.34
Book value per shareRs 17.23
Sales per shareRs 28.13
Cash flow per shareRs -2.81
Free cash flow per shareRs -3.11
Efficiency
Asset turnover0.78x
Fixed asset turnover13.15x
Inventory turnover0.91x
Inventory days402 days
Debtor days73 days
Debtors turnover4.98x
Creditor days160 days
Cash conversion cycle1019 days
Working capital days142 days
Leverage
Total debtRs 33 Cr
Cash and bankRs 3 Cr
Net debtRs 30 Cr
Debt to equity0.83x
Net debt / EBITDA4.45x
Interest coverage1.62x
Owners' fund to total sources45.15%
Debt to assets37.51%
Cash flow
Cash from Operating Activity (latest year)Rs -6 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 7 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -7 Cr
FCFE (approx.: FCF + change in debt)Rs -6 Cr
Cash from ops / profit, 5 years-0.07x
Statement figures
Net sales (TTM)Rs 64 Cr
Net sales (latest year)Rs 68 Cr
Sales (latest quarter)Rs 14 Cr
Operating profit excl. other income (latest year)Rs 6 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 7 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 2 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 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 45 Cr
Total expenditure (latest year)Rs 62 Cr
Total income (latest year)Rs 68 Cr
Share capitalRs 9 Cr
ReservesRs 30 Cr
Shareholders' fundsRs 39 Cr
Total assetsRs 87 Cr
Net blockRs 5 Cr
ReceivablesRs 14 Cr
InventoryRs 50 Cr
Other liabilitiesRs 15 Cr
Shares outstanding (crore)2.28
Ownership
Promoter holding55.72% (-1.23 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 159.1 is at the 80th percentile of its own 7.4-year range
(median 49.4, low 3.8, high 236.9).
P/B 5.30 is at the 87th percentile (median 1.08).
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.
| Period | 526614 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.0% | -2.8% | +3.8 pts |
| 1 month | -3.5% | -6.8% | +3.3 pts |
| 3 months | +35.7% | -7.6% | +43.3 pts |
| 3 years | +531.2% | +14.2% | +517.0 pts |
| 5 years | +1266.2% | +27.9% | +1238.3 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was 2% of net profit over the last 3 years |
| look | Inventory outrunning sales Inventory grew 23% vs sales -41% 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 2026Sales ₹14 Cr -23.0% vs Jun 2025.
Net profit ₹1 Cr -41.3%.
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 Expo Engineering and Projects Ltd?
Expo Engineering and Projects Ltd (526614) has a market capitalisation of Rs 235 Cr. at the 2026-10-01 close.
What is the P/E ratio of Expo Engineering and Projects Ltd?
Expo Engineering and Projects Ltd trades at a P/E of 179 on trailing twelve-month profit, at the 2026-10-01 close.
What were Expo Engineering and Projects Ltd's latest quarterly results?
In the Jun 2026 quarter, Expo Engineering and Projects Ltd sales was Rs 14 Cr (-23.0% vs Jun 2025) and net profit was Rs 1 Cr.