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 | 12.80 | 13.05 | 13.48 | 12.97 | 12.34 | 13.20 | 12.64 | 11.27 | 13.01 | 12.99 | 12.38 | 14.28 |
| Expenses | 10.40 | 9.53 | 12.16 | 10.48 | 10.97 | 10.62 | 10.88 | 9.57 | 10.38 | 11.47 | 10.98 | 10.92 |
| Operating Profit | 2.40 | 3.52 | 1.32 | 2.49 | 1.37 | 2.58 | 1.76 | 1.70 | 2.63 | 1.52 | 1.40 | 3.36 |
| OPM % | 18.75% | 26.97% | 9.79% | 19.20% | 11.10% | 19.55% | 13.92% | 15.08% | 20.22% | 11.70% | 11.31% | 23.53% |
| Other Income | -0.00 | -0.00 | 0.09 | -0.00 | 0.65 | -0.00 | 0.04 | -0.00 | -0.00 | -0.00 | 0.06 | 9.54 |
| Interest | 0.36 | 0.32 | 0.25 | 0.26 | 0.16 | 0.35 | 0.32 | 0.29 | 0.29 | 0.26 | 0.19 | 0.06 |
| Depreciation | 1.10 | 1.08 | 0.91 | 1.00 | 1.00 | 1.00 | 1.13 | 1.06 | 1.06 | 1.06 | 1.16 | 1.06 |
| Profit before tax | 0.94 | 2.12 | 0.25 | 1.23 | 0.86 | 1.23 | 0.35 | 0.35 | 1.28 | 0.20 | 0.11 | 11.78 |
| Tax % | 18.09% | 30.66% | 88.00% | 32.52% | 33.72% | 20.33% | 25.71% | 25.71% | 21.09% | -35.00% | 127.27% | 25.30% |
| Net Profit | 0.77 | 1.47 | 0.03 | 0.83 | 0.57 | 0.98 | 0.26 | 0.25 | 1.00 | 0.26 | -0.03 | 8.81 |
| EPS in Rs | 1.95 | 3.71 | 0.08 | 2.10 | 1.58 | 2.72 | 0.72 | 0.69 | 2.78 | 0.72 | -0.08 | 24.48 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 32 | 35 | 38 | 41 | 47 | 41 | 54 | 45 | 51 | 51 | 50 | 53 |
| Expenses | 24 | 26 | 30 | 31 | 38 | 34 | 43 | 38 | 42 | 43 | 42 | 44 |
| Operating Profit | 8 | 8 | 8 | 10 | 9 | 7 | 11 | 7 | 9 | 8 | 7 | 9 |
| OPM % | 24% | 24% | 21% | 24% | 20% | 17% | 21% | 15% | 18% | 16% | 15% | 17% |
| Other Income | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 10 |
| Interest | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 4 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 5 | 5 | 5 | 3 | 1 | -1 | 5 | 1 | 4 | 4 | 2 | 13 |
| Tax % | 36% | 34% | 24% | 28% | 39% | 25% | 21% | 31% | 31% | 28% | 23% | |
| Net Profit | 3 | 3 | 3 | 3 | 1 | -1 | 4 | 1 | 3 | 3 | 1 | 10 |
| EPS in Rs | 7.25 | 8.13 | 8.71 | 6.37 | 2.22 | -2.53 | 9.35 | 1.77 | 6.42 | 7.31 | 4.11 | 27.90 |
| Dividend Payout % | 41% | 25% | 23% | 31% | -0% | -0% | -0% | -0% | -0% | -0% | 61% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 4% | 4% | 3% | 6% | ||
| Compounded Profit Growth | -7% | 28% | 32% | 46% | ||
| Stock Price CAGR | 7% | 7% | 3% | -14% | ||
| Return on Equity | 8% | 8% | 8% | 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 13 | 14 | 18 | 20 | 22 | 22 | 21 | 24 | 25 | 28 | 22 | 24 |
| Borrowings | 6 | 10 | 13 | 30 | 35 | 32 | 31 | 23 | 18 | 10 | 12 | 11 |
| Other Liabilities | 3 | 5 | 3 | 5 | 6 | 7 | 7 | 7 | 6 | 8 | 9 | 7 |
| Total Liabilities | 25 | 33 | 38 | 59 | 68 | 64 | 63 | 58 | 53 | 50 | 47 | 45 |
| Fixed Assets | 14 | 18 | 20 | 18 | 46 | 43 | 39 | 36 | 33 | 30 | 27 | 25 |
| CWIP | -0 | 2 | -0 | 24 | -0 | -0 | -0 | 0 | -0 | 0 | 1 | 3 |
| Investments | 0 | 1 | 1 | 0 | 0 | -0 | 1 | -0 | -0 | -0 | -0 | -0 |
| Other Assets | 11 | 13 | 17 | 18 | 21 | 21 | 22 | 22 | 19 | 20 | 19 | 17 |
| Total Assets | 25 | 33 | 38 | 59 | 68 | 64 | 63 | 58 | 53 | 50 | 47 | 45 |
| 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 | 5 | 7 | 3 | 8 | 7 | 10 | 7 | 10 | 8 | 10 | 9 | 8 |
| Cash from Investing Activity | -1 | -9 | -3 | -23 | -8 | -2 | -2 | -1 | -1 | -1 | -1 | -5 |
| Cash from Financing Activity | -3 | 2 | 1 | 15 | 1 | -8 | -6 | -10 | -7 | -9 | -8 | -3 |
| Net Cash Flow | 0 | -0 | 0 | -0 | -0 | 0 | -0 | 0 | -0 | -0 | 0 | 0 |
| Free Cash Flow | 3 | -1 | -1 | -16 | -2 | 8 | 7 | 9 | 7 | 8 | 7 | 3 |
| CFO/OP | 83% | 113% | 52% | 111% | 81% | 109% | 108% | 103% | 116% | 106% | 126% | 119% |
| 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 | 63 | 80 | 82 | 80 | 94 | 83 | 103 | 64 | 66 | 68 | 58 | 50 |
| Inventory Days | 107 | 137 | 139 | 127 | 201 | 199 | 225 | 229 | 235 | 192 | 195 | 197 |
| Days Payable | 4 | 20 | 18 | 32 | 81 | 100 | 107 | 92 | 83 | 94 | 114 | 81 |
| Cash Conversion Cycle | 166 | 198 | 204 | 175 | 214 | 181 | 221 | 201 | 218 | 166 | 139 | 166 |
| Working Capital Days | 44 | 32 | 54 | 65 | 68 | 65 | 82 | 52 | 75 | 64 | 30 | -1 |
| ROCE % | 21% | 21% | 19% | 13% | 10% | 8% | 4% | 13% | 6% | 11% | 12% | 8% |
| 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 | 70.53% | 70.53% | 70.53% | 70.53% | 70.48% | 70.48% | 70.48% | 70.60% | 70.60% | 70.60% | 70.60% | 70.60% |
| Public | 29.46% | 29.46% | 29.45% | 29.46% | 29.51% | 29.51% | 29.51% | 29.38% | 29.38% | 29.39% | 29.39% | 29.39% |
| No. of Shareholders | 2,400 | 2,265 | 2,299 | 2,381 | 2,641 | 2,640 | 2,457 | 2,408 | 2,380 | 2,362 | 2,196 | 2,181 |
Fundamentals
Market Cap₹ 45.7 Cr.
Current Price₹ 127
Stock P/E15.2
Book Value₹ 77.1
ROCE7.70 %
ROE5.39 %
Dividend Yield1.97 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)46%
Standalone figures.
Valuation
Market capRs 46 Cr
Enterprise valueRs 56 Cr
P/E (TTM)4.59x
Price to book1.66x
Price to sales0.87x
EV / EBITDA3.05x
EV / EBIT3.99x
EV / sales1.07x
Price to cash flow6.08x
Earnings yield21.80%
Dividend yield1.95%
P/E, 3-year average22.10x
P/B, 3-year average1.71x
P/E, 5-year average25.56x
P/B, 5-year average1.67x
Profitability
Operating margin (excl. other income)14.59%
Operating margin (incl. other income)14.75%
EBITDA margin35.15%
Pre-tax margin25.39%
Net profit margin19.07%
Net margin, latest quarter61.69%
ROE5.54%
ROCE7.75%
ROA3.23%
ROE, 3-year average7.70%
ROCE, 3-year average10.31%
ROA, 3-year average4.53%
ROE, 5-year average7.90%
ROCE, 5-year average9.85%
ROA, 5-year average4.19%
ROIC (approx.)28.62%
Tax rate22.92%
Other income / net worth0.29%
Growth
Sales growth (latest year)-2.93%
Profit growth (latest year)-43.73%
Sales CAGR, 3 years3.31%
Sales CAGR, 5 years3.96%
Profit CAGR, 3 years28.35%
Sales growth QoQ15.35%
Sales growth YoY (latest quarter)26.71%
Profit growth YoY (latest quarter)3424.00%
Per share
EPS (TTM)Rs 27.90
EPS (latest year)Rs 4.11
EPS (latest quarter)Rs 24.48
EPS, 3-year averageRs 5.95
EPS, 5-year averageRs 5.79
Book value per shareRs 77.08
Sales per shareRs 146.33
Cash flow per shareRs 21.06
Free cash flow per shareRs 8.34
Dividend per share (latest year)Rs 2.50
Dividend per share, 3-year averageRs 2.50
Dividend per share, 5-year averageRs 2.50
Dividends
Dividend payout60.81%
Dividend payout, 3-year average60.81%
Dividend payout, 5-year average60.81%
Efficiency
Asset turnover1.10x
Fixed asset turnover1.96x
Inventory turnover2.60x
Inventory days140 days
Debtor days50 days
Debtors turnover7.27x
Creditor days81 days
Cash conversion cycle166 days
Working capital days-1 days
Leverage
Total debtRs 11 Cr
Cash and bankRs 0 Cr
Net debtRs 10 Cr
Debt to equity0.38x
Net debt / EBITDA0.56x
Interest coverage17.71x
Owners' fund to total sources61.69%
Debt to assets23.57%
Cash flow
Cash from Operating Activity (latest year)Rs 8 Cr
Cash from Investing Activity (latest year)Rs -5 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 3 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years3.75x
Sales to cash flow6.55x
Statement figures
Net sales (TTM)Rs 53 Cr
Net sales (latest year)Rs 50 Cr
Sales (latest quarter)Rs 14 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 19 Cr
PBDT (TTM)Rs 18 Cr
Profit before tax (TTM)Rs 13 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 10 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 9 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 20 Cr
Total expenditure (latest year)Rs 42 Cr
Total income (latest year)Rs 50 Cr
Share capitalRs 4 Cr
ReservesRs 24 Cr
Shareholders' fundsRs 28 Cr
Total assetsRs 45 Cr
Net blockRs 25 Cr
Capital work in progressRs 3 Cr
ReceivablesRs 7 Cr
InventoryRs 8 Cr
Other liabilitiesRs 7 Cr
Shares outstanding (crore)0.36
Ownership
Promoter holding70.60% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 4.6 is at the 1th percentile of its own 8.4-year range
(median 20.0, low 4.5, high 82.5).
P/B 1.66 is at the 64th percentile (median 1.48).
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 | 526851 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.0% | -2.8% | +4.7 pts |
| 1 month | +0.6% | -6.8% | +7.4 pts |
| 3 months | +14.3% | -7.6% | +21.9 pts |
| 3 years | +9.5% | +14.2% | -4.7 pts |
| 5 years | +32.6% | +27.9% | +4.7 pts |
Red flags
F-score 6 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 ₹14 Cr +26.7% vs Jun 2025.
Net profit ₹9 Cr +3424.0%.
Activity
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|---|---|---|---|
| K P R Mill Ltd | 36,967 | 40.5 | 19.6 % |
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| Filatex India Ltd | 4,973 | 25.9 | 19.1 % |
| Jindal Worldwide Ltd | 4,719 | 55.7 | 8.63 % |
| Sanathan Textiles Ltd | 4,352 | 71.6 | 6.89 % |
| Raymond Lifestyle Ltd | 4,026 | 27.0 | 3.52 % |
| Alok Industries Ltd | 3,501 | -3.95 % | |
| Nitin Spinners Ltd | 3,403 | 16.1 | 12.2 % |
| Sangam (India) Ltd | 3,248 | 25.8 | 10.7 % |
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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 Arex Industries Ltd?
Arex Industries Ltd (526851) has a market capitalisation of Rs 45.7 Cr. at the 2026-10-01 close.
What is the P/E ratio of Arex Industries Ltd?
Arex Industries Ltd trades at a P/E of 15.2 on trailing twelve-month profit, at the 2026-10-01 close.
What were Arex Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Arex Industries Ltd sales was Rs 14 Cr (+26.7% vs Jun 2025) and net profit was Rs 9 Cr.