MarketFriction

Pradhin Ltd

BSE 530095 · Iron & Steel Products
Market cap₹20.3 Cr.
P/E1.94
Not trading

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
Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales5.790.422.480.001.700.0082.93122.87132.1211.628.000.00
Expenses5.840.492.510.021.730.0481.72122.26129.428.398.170.27
Operating Profit-0.05-0.07-0.03-0.02-0.03-0.041.210.612.703.23-0.17-0.27
OPM %-0.86%-16.67%-1.21%-1.76%1.46%0.50%2.04%27.80%-2.12%
Other Income0.030.000.070.000.760.51-0.510.501.786.720.000.00
Interest0.020.000.000.000.010.000.000.000.000.000.000.00
Depreciation0.000.000.000.000.000.000.000.000.010.010.000.01
Profit before tax-0.04-0.070.04-0.020.720.470.701.114.479.94-0.17-0.28
Tax %-50.00%0.00%0.00%-50.00%18.06%25.53%-17.14%30.63%27.29%27.97%-258.82%-25.00%
Net Profit-0.01-0.070.04-0.020.590.350.820.763.257.170.26-0.21
EPS in Rs-0.00-0.000.00-0.000.010.010.010.010.030.070.00-0.00
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales46222818331142419175338152
Expenses46222818341142420175333146
Operating Profit0000-21-0-1-0-045
OPM %0.9%0.5%1.1%0.7%-5%0.5%-1.0%-3.2%-1.2%-3.5%1.3%3.6%
Other Income000000010128
Interest000000000000
Depreciation000000000000
Profit before tax0000-21-00-01714
Tax %35%29%32%50%-4%29%5%15%-9%18%28%
Net Profit0000-20-00-01510
EPS in Rs0.000.000.000.00-0.020.01-0.000.00-0.000.010.050.10
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth22%24%160%-27%
Compounded Profit Growth41%59%148%315%
Stock Price CAGR2%-31%-45%-35%
Return on Equity4%6%7%8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital4444444444101101
Reserves44442323231320
Borrowings43300000003646
Other Liabilities323113211111318
Total Liabilities14121391887778163185
Fixed Assets000000000000
CWIP000000000000
Investments000000000000
Other Assets13121381887778163185
Total Assets14121391887778163185
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity-2013-0-10-0-0-00-138
Cash from Investing Activity00000000000-0
Cash from Financing Activity2-0-1-1-300-00-0-0138
Net Cash Flow-0012-3-10-000-00
Free Cash Flow-2013-0-10-0-0-00-138
CFO/OP-570%127%1,200%1,035%-183%67%21%44%3%57%0%-3,037%
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days49659752112194229211113667138
Inventory Days114670000203360
Days Payable111928251478
Cash Conversion Cycle505076341121942292100136324138
Working Capital Days2936622091551883109120486161
ROCE %6%6%3%4%2%-26%11%-3%6%-1%10%9%
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters14.70%14.70%16.23%43.22%42.36%8.13%0.63%0.88%0.88%0.00%0.00%0.11%
Public85.29%85.29%83.78%56.79%57.64%91.86%99.37%99.13%99.13%100.00%100.00%99.89%
No. of Shareholders2,1582,1182,0822,0342,1124,5845,03331,54338,56862,68862,69262,164

Fundamentals

Market Cap₹ 20.3 Cr.
Current Price₹ 0.20
Stock P/E1.94
Book Value₹ 1.20
ROCE8.64 %
ROE8.10 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-27%
Compounded Profit Growth (TTM)315%
Standalone figures.
Valuation
P/E, 3-year average0.87x
P/B, 3-year average0.05x
P/E, 5-year average0.94x
P/B, 5-year average0.05x
Profitability
Operating margin (excl. other income)1.33%
Operating margin (incl. other income)2.00%
EBITDA margin4.13%
Pre-tax margin4.13%
Net profit margin3.10%
ROE8.10%
ROCE8.64%
ROA5.73%
ROE, 3-year average4.99%
ROCE, 3-year average5.89%
ROA, 3-year average3.88%
ROE, 5-year average3.37%
ROCE, 5-year average4.23%
ROA, 5-year average2.70%
ROIC (approx.)6.77%
Tax rate27.56%
Other income / net worth2.00%
Growth
Sales growth (latest year)7230.15%
Profit growth (latest year)805.56%
Sales CAGR, 3 years159.71%
Sales CAGR, 5 years24.17%
Profit CAGR, 3 years143.19%
Profit CAGR, 5 years59.08%
Profit growth QoQ-180.77%
Profit growth YoY (latest quarter)-127.63%
Per share
EPS (TTM)Rs 0.10
EPS (latest year)Rs 0.48
EPS (latest quarter)Rs -0.00
EPS, 3-year averageRs 0.56
EPS, 5-year averageRs 0.40
Book value per shareRs 1.12
Sales per shareRs 3.33
Cash flow per shareRs -1.36
Free cash flow per shareRs -1.36
Efficiency
Asset turnover2.07x
Fixed asset turnover5632.00x
Debtor days138 days
Debtors turnover2.64x
Creditor days78 days
Cash conversion cycle138 days
Working capital days161 days
Leverage
Total debtRs 36 Cr
Cash and bankRs 0 Cr
Net debtRs 35 Cr
Debt to equity0.31x
Net debt / EBITDA2.53x
Owners' fund to total sources69.95%
Debt to assets21.80%
Cash flow
Cash from Operating Activity (latest year)Rs -138 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 138 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -138 Cr
FCFE (approx.: FCF + change in debt)Rs -102 Cr
Cash from ops / profit, 5 years-23.00x
Statement figures
Net sales (TTM)Rs 338 Cr
Net sales (latest year)Rs 338 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 14 Cr
PBDT (TTM)Rs 14 Cr
Profit before tax (TTM)Rs 14 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 10 Cr
Net profit (latest year)Rs 5 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 333 Cr
Total expenditure (latest year)Rs 333 Cr
Total income (latest year)Rs 340 Cr
Share capitalRs 101 Cr
ReservesRs 13 Cr
Shareholders' fundsRs 114 Cr
Total assetsRs 163 Cr
Net blockRs 0 Cr
ReceivablesRs 128 Cr
Other liabilitiesRs 13 Cr
Shares outstanding (crore)101.50
Ownership
Promoter holding0.11% (-0.77 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 1.9 is at the 2th percentile of its own 5.3-year range (median 206.0, low 1.9, high 379.1).
P/B 0.18 is the lowest in 9.2 years (median 13.36).
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.
Not enough price history.

Red flags

F-score 3 of 7
explainWeak cash conversion Cash from operations was -2586% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 87% of total assets in 2025
explainReceivables outrunning sales Receivables grew 15162% vs sales +7230% in 2025
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

Dec 2025
Sales ₹0 Cr -100.0% vs Dec 2024. Net loss ₹0 Cr.

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 Pradhin Ltd?

Pradhin Ltd (530095) has a market capitalisation of Rs 20.3 Cr. at the close.

What is the P/E ratio of Pradhin Ltd?

Pradhin Ltd trades at a P/E of 1.94 on trailing twelve-month profit, at the close.

What were Pradhin Ltd's latest quarterly results?

In the Dec 2025 quarter, Pradhin Ltd sales was Rs 0 Cr (-100.0% vs Dec 2024) with a net loss of 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