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 | 0.21 | 0.23 | 0.24 | 0.25 | 0.27 | 0.31 | 0.30 | 0.31 | 0.34 | 0.39 | 0.43 | 0.44 |
| Expenses | 0.30 | 0.16 | 0.20 | 0.21 | 0.21 | 0.21 | 0.18 | 0.18 | 0.19 | 0.25 | 0.16 | 0.24 |
| Operating Profit | -0.09 | 0.07 | 0.04 | 0.04 | 0.06 | 0.10 | 0.12 | 0.13 | 0.15 | 0.14 | 0.27 | 0.20 |
| OPM % | -42.86% | 30.43% | 16.67% | 16.00% | 22.22% | 32.26% | 40.00% | 41.94% | 44.12% | 35.90% | 62.79% | 45.45% |
| Other Income | 0.12 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.01 | 0.18 | 0.01 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.02 | 0.06 | 0.03 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.05 |
| Profit before tax | 0.02 | 0.06 | 0.03 | 0.02 | 0.01 | 0.09 | 0.08 | 0.08 | 0.11 | 0.26 | 0.22 | 0.16 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | 0.02 | 0.06 | 0.03 | 0.03 | 0.01 | 0.09 | 0.09 | 0.07 | 0.10 | 0.27 | 0.23 | 0.16 |
| EPS in Rs | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.23 | 3.58 | 0.61 | 0.72 | 0.73 | 0.55 | 0.74 | 0.80 | 0.89 | 1.13 | 1.47 | 1.60 |
| Expenses | 12.51 | 10.56 | 2.07 | 0.61 | 0.68 | 0.55 | 0.68 | 1.02 | 0.73 | 0.80 | 0.77 | 0.84 |
| Operating Profit | -12.28 | -6.98 | -1.46 | 0.11 | 0.05 | 0.00 | 0.06 | -0.22 | 0.16 | 0.33 | 0.70 | 0.76 |
| OPM % | -5,339.13% | -194.97% | -239.34% | 15.28% | 6.85% | 0.00% | 8.11% | -27.50% | 17.98% | 29.20% | 47.62% | 47.50% |
| Other Income | 0.86 | 1.08 | 0.01 | 0.00 | 0.01 | 0.00 | 0.23 | 0.28 | 0.04 | 0.04 | 0.19 | 0.21 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.01 | 0.01 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.06 | 0.16 | 0.22 | 0.22 |
| Profit before tax | -11.43 | -5.91 | -1.50 | 0.05 | 0.00 | -0.06 | 0.23 | 0.01 | 0.13 | 0.21 | 0.67 | 0.75 |
| Tax % | 0.35% | 1.18% | 1.33% | 20.00% | 16.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||
| Net Profit | -11.47 | -5.98 | -1.51 | 0.05 | 0.00 | -0.07 | 0.23 | 0.01 | 0.14 | 0.21 | 0.67 | 0.76 |
| EPS in Rs | -1.03 | -0.53 | -0.13 | 0.00 | 0.00 | -0.01 | 0.02 | 0.00 | 0.01 | 0.02 | 0.06 | 0.06 |
| Dividend Payout % | 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 | 20% | 22% | 22% | 34% | ||
| Compounded Profit Growth | 7% | 63% | 73% | 192% | ||
| Stock Price CAGR | 38% | % | 110% | -21% | ||
| Return on Equity | -4% | 1% | 2% | 4% |
| 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 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 | 22.38 |
| Reserves | 13.96 | 2.49 | -3.49 | -5.00 | -4.96 | -4.96 | -5.02 | -4.79 | -4.79 | -4.65 | -4.44 | -3.77 |
| Borrowings | 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 Liabilities | 16.43 | 9.47 | 8.79 | 0.97 | 0.90 | 0.80 | 0.76 | 0.51 | 0.52 | 0.57 | 0.60 | 0.50 |
| Total Liabilities | 52.77 | 34.34 | 27.68 | 18.35 | 18.32 | 18.22 | 18.12 | 18.10 | 18.11 | 18.30 | 18.54 | 19.11 |
| Fixed Assets | 0.11 | 0.10 | 1.72 | 2.03 | 1.99 | 1.94 | 1.88 | 1.89 | 1.85 | 2.68 | 7.55 | 7.91 |
| 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 | 12.51 | 12.99 | 11.40 | 1.96 | 2.01 | 2.01 | 2.01 | 1.97 | 2.03 | 2.16 | 3.10 | 3.24 |
| Other Assets | 40.15 | 21.25 | 14.56 | 14.36 | 14.32 | 14.27 | 14.23 | 14.24 | 14.23 | 13.46 | 7.89 | 7.96 |
| Total Assets | 52.77 | 34.34 | 27.68 | 18.35 | 18.32 | 18.22 | 18.12 | 18.10 | 18.11 | 18.30 | 18.54 | 19.11 |
| 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 | -0.10 | 0.51 | -0.13 | -8.55 | 0.04 | -0.04 | 0.00 | -0.16 | 0.16 | 1.02 | 6.55 | 1.32 |
| Cash from Investing Activity | -0.01 | -0.48 | 0.30 | 8.36 | -0.06 | 0.00 | 0.00 | 0.20 | 0.03 | -0.98 | -6.68 | -0.70 |
| Cash from Financing Activity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Cash Flow | -0.11 | 0.03 | 0.17 | -0.19 | -0.02 | -0.05 | 0.00 | 0.04 | 0.19 | 0.03 | -0.13 | 0.62 |
| Free Cash Flow | -0.11 | 0.51 | -0.13 | -8.91 | 0.02 | -0.04 | 0.00 | -0.23 | 0.15 | 0.14 | 1.52 | 0.74 |
| CFO/OP | 11% | -4% | 1% | 586% | 45% | -80% | -267% | -73% | 638% | 1,985% | 189% |
| 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 | 40,962.95 | 10,458.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 | 4.10 | 45.22 | 52.14 |
| Inventory Days | 6,807.25 | 5,823.41 | 0.00 | |||||||||
| Days Payable | 0.00 | 0.00 | ||||||||||
| Cash Conversion Cycle | 47,770.20 | 16,281.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.86 | 13.69 | 4.10 | 45.22 | 52.14 |
| Working Capital Days | 39,254.09 | 18,551.52 | -885.99 | -508.61 | -365.00 | -320.00 | -404.82 | -152.91 | -59.31 | -61.52 | -3.23 | 62.07 |
| ROCE % | -0.39% | -37.35% | -27.01% | -8.33% | 0.29% | 0.00% | -0.35% | 0.00% | -1.19% | 1.30% | 1.12% | 3.67% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 65.07% | 65.07% | 65.07% | 65.07% | 65.07% | 65.07% | 65.07% | 65.07% | 65.07% | 65.07% | 65.07% | 65.07% |
| DIIs | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
| Public | 34.86% | 34.86% | 34.85% | 34.86% | 34.86% | 34.86% | 34.86% | 34.86% | 34.86% | 34.85% | 34.85% | 34.86% |
| No. of Shareholders | 16,688 | 16,556 | 18,597 | 20,638 | 24,440 | 34,928 | 42,046 | 42,412 | 42,818 | 43,493 | 43,329 | 43,114 |
Fundamentals
Market Cap₹ 74.2 Cr.
Current Price₹ 6.63
Stock P/E97.6
Book Value₹ 1.66
ROCE3.67 %
ROE3.67 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)34%
Compounded Profit Growth (TTM)192%
Standalone figures.
Valuation
Market capRs 74 Cr
Enterprise valueRs 73 Cr
P/E (TTM)97.15x
Price to book3.97x
Price to sales46.15x
EV / EBITDA75.36x
EV / EBIT97.46x
EV / sales45.69x
Price to cash flow55.94x
Earnings yield1.03%
P/E, 3-year average384.94x
P/B, 3-year average5.07x
P/E, 5-year average277.66x
P/B, 5-year average3.09x
Profitability
Operating margin (excl. other income)47.62%
Operating margin (incl. other income)60.54%
EBITDA margin60.62%
Pre-tax margin46.88%
Net profit margin47.50%
Net margin, latest quarter36.36%
ROE3.67%
ROCE3.67%
ROA3.56%
ROE, 3-year average1.88%
ROCE, 3-year average1.88%
ROA, 3-year average1.82%
ROE, 5-year average1.40%
ROCE, 5-year average1.40%
ROA, 5-year average1.36%
ROIC (approx.)4.20%
Other income / net worth1.02%
Growth
Sales growth (latest year)30.09%
Profit growth (latest year)219.05%
Sales CAGR, 3 years22.48%
Sales CAGR, 5 years21.73%
Profit CAGR, 3 years306.15%
Sales growth QoQ2.33%
Profit growth QoQ-30.43%
Sales growth YoY (latest quarter)41.94%
Profit growth YoY (latest quarter)128.57%
Per share
EPS (TTM)Rs 0.07
EPS (latest year)Rs 0.06
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs 0.03
EPS, 5-year averageRs 0.02
Book value per shareRs 1.66
Sales per shareRs 0.14
Cash flow per shareRs 0.12
Free cash flow per shareRs 0.07
Efficiency
Asset turnover0.08x
Fixed asset turnover0.19x
Debtor days52 days
Debtors turnover7.00x
Creditor days0 days
Cash conversion cycle52 days
Working capital days62 days
Leverage
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Net debt / EBITDA-0.76x
Owners' fund to total sources97.38%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 1 Cr
Cash from ops / profit, 5 years7.06x
Sales to cash flow1.11x
Statement figures
Net sales (TTM)Rs 2 Cr
Net sales (latest year)Rs 1 Cr
Sales (latest quarter)Rs 0 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 1 Cr
Total income (latest year)Rs 2 Cr
Share capitalRs 22 Cr
ReservesRs -4 Cr
Shareholders' fundsRs 19 Cr
Total assetsRs 19 Cr
Net blockRs 8 Cr
InvestmentsRs 3 Cr
ReceivablesRs 0 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)11.19
Ownership
Promoter holding65.07% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 3.97 is at the 37th percentile (median 4.66).
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 | 526709 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.4% | -2.8% | -2.7 pts |
| 1 month | -6.6% | -6.8% | +0.1 pts |
| 3 months | -14.8% | -7.6% | -7.2 pts |
| 3 years | +816.7% | +14.2% | +802.5 pts |
| 5 years | +3200.0% | +27.9% | +3172.1 pts |
Red flags
F-score 8 of 8No 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 2026Sales ₹0 Cr +41.9% vs Jun 2025.
Net profit ₹0 Cr +128.6%.
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 BITS Ltd?
BITS Ltd (526709) has a market capitalisation of Rs 74.2 Cr. at the 2026-10-01 close.
What is the P/E ratio of BITS Ltd?
BITS Ltd trades at a P/E of 97.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were BITS Ltd's latest quarterly results?
In the Jun 2026 quarter, BITS Ltd sales was Rs 0 Cr (+41.9% vs Jun 2025) and net profit was Rs 0 Cr.