Price
Financials
Standalone, Rs crore| Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.18 | 2.21 | 2.38 | 1.59 | 2.03 | 2.29 | 2.16 | 2.11 | 2.29 | 1.96 | 2.15 | 2.40 |
| Expenses | 2.33 | 2.24 | 2.39 | 1.79 | 1.80 | 2.45 | 1.97 | 2.29 | 2.31 | 1.78 | 2.13 | 2.60 |
| Operating Profit | -0.15 | -0.03 | -0.01 | -0.20 | 0.23 | -0.16 | 0.19 | -0.18 | -0.02 | 0.18 | 0.02 | -0.20 |
| OPM % | -6.88% | -1.36% | -0.42% | -12.58% | 11.33% | -6.99% | 8.80% | -8.53% | -0.87% | 9.18% | 0.93% | -8.33% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.01 | 0.01 | 0.01 | 0.00 | 0.12 | 0.00 |
| Interest | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 | 0.19 | 0.02 | 0.04 | 0.05 | 0.03 | 0.02 | 0.04 |
| Depreciation | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.02 | 0.04 |
| Profit before tax | -0.23 | -0.11 | -0.09 | -0.28 | 0.14 | -0.32 | 0.14 | -0.26 | -0.11 | 0.10 | 0.10 | -0.28 |
| 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 | -0.22 | -0.11 | -0.09 | -0.28 | 0.14 | -0.31 | 0.14 | -0.26 | -0.11 | 0.10 | 0.10 | -0.28 |
| EPS in Rs |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.56 | 7.37 | 9.29 | 9.48 | 10.83 | 7.97 | 8.39 | 8.33 | 8.06 | 8.51 | 6.63 | 0.17 |
| Expenses | 6.25 | 7.48 | 8.74 | 9.05 | 10.35 | 8.29 | 8.89 | 8.40 | 7.77 | 8.50 | 7.13 | 2.30 |
| Operating Profit | 0.31 | -0.11 | 0.55 | 0.43 | 0.48 | -0.32 | -0.50 | -0.07 | 0.29 | 0.01 | -0.50 | -2.13 |
| OPM % | 4.73% | -1.49% | 5.92% | 4.54% | 4.43% | -4.02% | -5.96% | -0.84% | 3.60% | 0.12% | -7.54% | -1,252.94% |
| Other Income | 0.07 | 0.14 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.45 | 0.02 | 0.13 | 0.03 | 3.63 |
| Interest | 0.10 | 0.06 | 0.01 | 0.00 | 0.09 | 0.10 | 0.13 | 0.15 | 0.15 | 0.14 | 0.16 | 0.01 |
| Depreciation | 0.18 | 0.19 | 0.19 | 0.19 | 0.20 | 0.20 | 0.19 | 0.18 | 0.17 | 0.16 | 0.14 | 0.11 |
| Profit before tax | 0.10 | -0.22 | 0.36 | 0.25 | 0.20 | -0.60 | -0.80 | 0.05 | -0.01 | -0.16 | -0.77 | 1.38 |
| 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 | 0.10 | -0.22 | 0.36 | 0.25 | 0.20 | -0.59 | -0.80 | 0.05 | -0.01 | -0.16 | -0.77 | 1.37 |
| EPS in Rs | ||||||||||||
| Dividend Payout % | 0.00% | 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 | -31% | -54% | -72% | -97% | ||
| Compounded Profit Growth | -11% | 8% | % | 46% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | -7% | -13% | -24% | -21% |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 |
| Reserves | -1.94 | -2.17 | -1.81 | -1.56 | -1.36 | -1.95 | -2.75 | -2.72 | -2.74 | -2.90 | -3.67 | -2.29 |
| Borrowings | 0.27 | 0.09 | 0.03 | 0.01 | 0.68 | 1.15 | 1.64 | 1.65 | 1.81 | 1.81 | 1.12 | 0.00 |
| Other Liabilities | 2.40 | 2.48 | 1.68 | 2.72 | 2.37 | 1.95 | 2.07 | 1.75 | 1.49 | 1.49 | 0.64 | 0.49 |
| Total Liabilities | 5.68 | 5.35 | 4.85 | 6.12 | 6.64 | 6.10 | 5.91 | 5.63 | 5.51 | 5.35 | 3.04 | 3.15 |
| Fixed Assets | 2.37 | 2.23 | 2.15 | 1.96 | 1.95 | 1.77 | 1.60 | 1.40 | 1.23 | 1.06 | 0.92 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.07 | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 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 | 3.31 | 3.12 | 2.70 | 4.09 | 4.55 | 4.18 | 4.16 | 4.08 | 4.13 | 4.14 | 1.97 | 3.15 |
| Total Assets | 5.68 | 5.35 | 4.85 | 6.12 | 6.64 | 6.10 | 5.91 | 5.63 | 5.51 | 5.35 | 3.04 | 3.15 |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.56 | 0.34 | 0.10 | 0.08 | -0.30 | -0.42 | -0.33 | 0.18 | 0.17 | 0.06 | 0.64 | -1.07 |
| Cash from Investing Activity | -0.30 | -0.01 | -0.09 | -0.06 | -0.25 | -0.01 | 0.00 | 0.02 | 0.02 | 0.03 | 0.02 | 2.79 |
| Cash from Financing Activity | -0.37 | -0.24 | -0.07 | -0.02 | 0.58 | 0.36 | 0.34 | -0.14 | 0.01 | -0.14 | -0.85 | -1.13 |
| Net Cash Flow | -0.11 | 0.09 | -0.06 | 0.00 | 0.03 | -0.07 | 0.01 | 0.06 | 0.20 | -0.05 | -0.19 | 0.58 |
| Free Cash Flow | 0.25 | 0.33 | 0.00 | 0.01 | -0.56 | -0.44 | -0.35 | 0.18 | 0.17 | 0.06 | 0.64 | 1.67 |
| CFO/OP | 181% | -309% | 18% | 19% | -60% | 128% | 66% | -257% | 59% | 600% | -128% | 50% |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 38.39 | 38.13 | 35.75 | 57.75 | 69.43 | 104.42 | 100.06 | 106.91 | 94.19 | 82.35 | 70.47 | 2,576.47 |
| Inventory Days | 193.53 | 127.37 | 76.47 | 114.53 | 80.37 | 82.90 | 72.76 | 57.20 | 80.01 | 84.41 | 10.05 | 0.00 |
| Days Payable | 159.58 | 93.15 | 77.49 | 96.11 | 89.58 | 106.03 | 98.79 | 76.66 | 69.43 | 65.39 | 32.82 | |
| Cash Conversion Cycle | 72.35 | 72.35 | 34.73 | 76.18 | 60.22 | 81.28 | 74.03 | 87.46 | 104.77 | 101.37 | 47.70 | 2,576.47 |
| Working Capital Days | 48.96 | 25.75 | 37.72 | 44.28 | 64.71 | 91.14 | 79.61 | 88.51 | 96.00 | 93.07 | 57.81 | 4,337.06 |
| ROCE % | 6.25% | -6.18% | 12.25% | 7.61% | 7.56% | -11.88% | -16.77% | 5.18% | 3.54% | -0.51% | -19.81% | -15.81% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 40.37% | 40.37% | 40.37% | 40.37% | 40.37% | 40.37% | 40.37% | 40.37% |
| DIIs | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% |
| Government | 4.98% | 4.98% | 4.98% | 4.98% | 4.98% | 4.98% | 4.98% | 4.98% |
| Public | 52.64% | 52.64% | 52.64% | 52.64% | 52.64% | 52.64% | 52.64% | 52.64% |
| No. of Shareholders | 1,823 | 1,823 | 1,823 | 1,823 | 1,822 | 1,822 | 1,822 | 1,823 |
Fundamentals
Market Cap₹ Cr.
Current Price₹
Book Value₹
ROCE-15.8 %
ROE-21.3 %
Dividend Yield%
Face Value₹ 10.0
Compounded Sales Growth (TTM)-97%
Compounded Profit Growth (TTM)46%
Standalone figures.
Profitability
Operating margin (excl. other income)-1252.94%
Operating margin (incl. other income)882.35%
EBITDA margin1.25%
Pre-tax margin-2.16%
Net profit margin-2.16%
Net margin, latest quarter-11.67%
ROE69.54%
ROCE54.94%
ROA44.26%
ROE, 3-year average5.26%
ROCE, 3-year average11.65%
ROA, 3-year average7.65%
ROE, 5-year average3.52%
ROCE, 5-year average8.73%
ROA, 5-year average4.73%
ROIC (approx.)-2.46%
Other income / net worth136.47%
Growth
Sales growth (latest year)-97.44%
Sales CAGR, 3 years-72.37%
Sales CAGR, 5 years-54.15%
Sales growth QoQ11.63%
Profit growth QoQ-380.00%
Sales growth YoY (latest quarter)13.74%
Per share
EPS (TTM)Rs -0.38
EPS (latest year)Rs 2.77
EPS (latest quarter)Rs -0.57
EPS, 3-year averageRs 0.30
EPS, 5-year averageRs 0.19
Book value per shareRs 5.37
Sales per shareRs 17.76
Cash flow per shareRs -2.16
Free cash flow per shareRs 3.37
Efficiency
Asset turnover0.05x
Debtor days2576 days
Debtors turnover0.14x
Creditor days33 days
Cash conversion cycle2576 days
Working capital days4337 days
Leverage
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Net debt / EBITDA-5.73x
Interest coverage-0.36x
Owners' fund to total sources84.44%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs 3 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 2 Cr
Cash from ops / profit, 5 years-0.04x
Statement figures
Net sales (TTM)Rs 9 Cr
Net sales (latest year)Rs 0 Cr
Sales (latest quarter)Rs 2 Cr
Operating profit excl. other income (latest year)Rs -2 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs -0 Cr
Profit before tax (TTM)Rs -0 Cr
Net profit (TTM)Rs -0 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
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 4 Cr
Share capitalRs 5 Cr
ReservesRs -2 Cr
Shareholders' fundsRs 3 Cr
Total assetsRs 3 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)0.50
Ownership
Promoter holding40.37% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -84% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 77% of total assets in 2019 |
| explain | Receivables outrunning sales Receivables grew -6% vs sales -97% in 2019 |
| look | Profit leans on other income Other income was 263% of pre-tax profit in 2019 |
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 2017Sales ₹2 Cr +13.7% vs Jun 2016.
Net loss ₹0 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
| APL Apollo Tubes Ltd | 60,768 | 49.4 | 31.8 % |
| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
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 Balaji Galvanising Industries Ltd?
Balaji Galvanising Industries Ltd (530205) has a market capitalisation of Rs Cr. at the close.
What were Balaji Galvanising Industries Ltd's latest quarterly results?
In the Jun 2017 quarter, Balaji Galvanising Industries Ltd sales was Rs 2 Cr (+13.7% vs Jun 2016) with a net loss of Rs 0 Cr.