Price
Financials
Standalone, Rs crore| Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4.85 | 2.54 | 1.53 | 2.43 | 0.28 | 0.10 | 0.58 | 0.01 | 0.01 | 0.10 | 0.23 | 0.00 |
| Expenses | 5.12 | 3.49 | 7.06 | 3.98 | 1.16 | 1.62 | 2.55 | 0.84 | 5.71 | 0.33 | 3.00 | 0.24 |
| Operating Profit | -0.27 | -0.95 | -5.53 | -1.55 | -0.88 | -1.52 | -1.97 | -0.83 | -5.70 | -0.23 | -2.77 | -0.24 |
| OPM % | -5.57% | -37.40% | -361.44% | -63.79% | -314.29% | -1,520.00% | -339.66% | -8,300.00% | -57,000.00% | -230.00% | -1,204.35% | |
| Other Income | 5.86 | -0.22 | -0.04 | 0.04 | 0.05 | 0.08 | 2.14 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 |
| Interest | -0.13 | 0.06 | 0.10 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Depreciation | 0.75 | 0.25 | 1.02 | 0.65 | 0.30 | 0.30 | 1.27 | 0.63 | 0.63 | 0.63 | 0.26 | 0.00 |
| Profit before tax | 4.97 | -1.48 | -6.69 | -2.16 | -1.13 | -1.75 | -1.10 | -1.46 | -6.33 | -0.87 | -2.98 | -0.24 |
| Tax % | 0.00% | 0.00% | -126.16% | 0.00% | 0.00% | 0.00% | -173.64% | 0.00% | 0.00% | 0.00% | -83.56% | 0.00% |
| Net Profit | 4.97 | -1.48 | 1.75 | -2.16 | -1.13 | -1.75 | 0.81 | -1.46 | -6.33 | -0.87 | -0.49 | -0.24 |
| EPS in Rs | 0.33 | -0.10 | 0.12 | -0.14 | -0.07 | -0.12 | 0.05 | -0.10 | -0.42 | -0.06 | -0.03 | -0.02 |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 841.20 | 430.45 | 423.50 | 398.51 | 203.98 | 185.03 | 121.24 | 50.91 | 12.09 | 3.39 | 0.34 | 0.34 |
| Expenses | 839.37 | 428.52 | 412.58 | 395.21 | 241.77 | 190.03 | 233.28 | 63.17 | 22.28 | 9.32 | 9.90 | 9.28 |
| Operating Profit | 1.83 | 1.93 | 10.92 | 3.30 | -37.79 | -5.00 | -112.04 | -12.26 | -10.19 | -5.93 | -9.56 | -8.94 |
| OPM % | 0.22% | 0.45% | 2.58% | 0.83% | -18.53% | -2.70% | -92.41% | -24.08% | -84.28% | -174.93% | -2,811.76% | -2,629.41% |
| Other Income | 1.56 | 1.75 | 5.28 | 11.35 | 22.12 | -6.04 | -58.75 | -11.22 | 8.33 | 2.31 | 0.05 | 0.05 |
| Interest | 18.48 | 19.96 | 24.49 | 10.51 | 3.46 | 5.97 | 9.34 | 13.35 | 0.23 | 0.00 | 0.00 | 0.01 |
| Depreciation | 4.99 | 9.65 | 8.77 | 6.86 | 6.02 | 3.25 | 3.33 | 3.03 | 2.77 | 2.51 | 2.16 | 1.52 |
| Profit before tax | -20.08 | -25.93 | -17.06 | -2.72 | -25.15 | -20.26 | -183.46 | -39.86 | -4.86 | -6.13 | -11.67 | -10.42 |
| Tax % | 9.21% | -20.52% | -31.18% | 44.49% | -14.47% | -9.82% | -13.65% | -26.44% | -173.87% | -31.16% | -21.34% | |
| Net Profit | -21.93 | -20.62 | -11.74 | -3.93 | -21.51 | -18.26 | -158.42 | -29.32 | 3.59 | -4.22 | -9.18 | -7.93 |
| EPS in Rs | -3.41 | -3.21 | -1.83 | -0.26 | -1.42 | -1.21 | -10.47 | -1.94 | 0.24 | -0.28 | -0.61 | -0.53 |
| 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 | -54% | -72% | -81% | -65% | ||
| Compounded Profit Growth | 5% | % | 13% | -41% | ||
| Stock Price CAGR | -13% | -14% | -22% | -19% | ||
| Return on Equity | % | % | % | % |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.86 | 12.86 | 12.86 | 14.82 | 30.25 | 32.25 | 30.25 | 30.25 | 30.25 | 30.25 | 30.25 | 146.85 |
| Reserves | 55.42 | 33.45 | 12.51 | 10.44 | 8.46 | -13.12 | -31.17 | -192.12 | -221.52 | -224.92 | -230.27 | -231.95 |
| Borrowings | 153.53 | 217.79 | 237.77 | 261.63 | 186.16 | 256.57 | 251.64 | 290.89 | 338.30 | 326.48 | 322.78 | 176.42 |
| Other Liabilities | 80.97 | 89.25 | 88.23 | 74.40 | 107.53 | 26.27 | 34.05 | 43.85 | 9.50 | 3.72 | 1.14 | 17.55 |
| Total Liabilities | 302.78 | 353.35 | 351.37 | 361.29 | 332.40 | 301.97 | 284.77 | 172.87 | 156.53 | 135.53 | 123.90 | 108.87 |
| Fixed Assets | 93.23 | 88.45 | 84.08 | 80.75 | 68.90 | 62.47 | 59.29 | 52.42 | 45.05 | 33.77 | 29.25 | 23.72 |
| CWIP | 0.92 | 0.92 | 0.92 | 0.92 | 1.00 | 1.07 | 1.64 | 1.64 | 1.64 | 1.64 | 1.64 | 1.64 |
| Investments | 0.17 | 0.17 | 0.17 | 0.51 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 |
| Other Assets | 208.46 | 263.81 | 266.20 | 279.11 | 262.19 | 238.12 | 223.53 | 118.50 | 109.53 | 99.81 | 92.70 | 83.20 |
| Total Assets | 302.78 | 353.35 | 351.37 | 361.29 | 332.40 | 301.97 | 284.77 | 172.87 | 156.53 | 135.53 | 123.90 | 108.87 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 19.69 | 2.12 | -67.76 | 17.66 | 16.89 | 0.00 | 8.12 | 18.56 | -35.29 | 4.54 | -1.57 | 2.52 |
| Cash from Investing Activity | -18.39 | -0.20 | -5.65 | 13.98 | 7.09 | 0.00 | -0.63 | 2.61 | 1.49 | 9.58 | 3.00 | 8.18 |
| Cash from Financing Activity | -3.35 | 1.43 | 68.28 | -34.62 | -23.50 | 0.00 | -6.31 | -22.79 | 34.06 | -18.79 | -3.71 | -10.83 |
| Net Cash Flow | -2.05 | 3.35 | -5.12 | -2.97 | 0.48 | 0.00 | 1.19 | -1.63 | 0.27 | -4.67 | -2.28 | -0.13 |
| Free Cash Flow | 5.28 | 1.92 | -73.36 | 17.61 | 23.98 | 0.00 | 7.49 | 21.17 | -33.80 | 14.12 | 1.43 | 10.70 |
| CFO/OP | 99% | 116% | -3,511% | 162% | 516% | 0% | -162% | -17% | 288% | -45% | 26% | -26% |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45.48 | 68.42 | 150.55 | 137.31 | 161.24 | 310.37 | 282.01 | 164.02 | 278.82 | 958.54 | 3,211.78 | 20,032.06 |
| Inventory Days | 36.50 | 32.98 | 55.80 | 80.77 | 41.66 | 50.32 | 71.41 | 24.12 | 31.49 | 111.73 | 31.94 | 45.62 |
| Days Payable | 30.84 | 33.40 | 69.29 | 54.79 | 40.30 | 36.44 | 67.55 | 118.15 | 60.76 | 96.13 | 47.45 | 1,505.62 |
| Cash Conversion Cycle | 51.14 | 68.00 | 137.06 | 163.30 | 162.60 | 324.26 | 285.88 | 69.98 | 249.55 | 974.15 | 3,196.27 | 18,572.06 |
| Working Capital Days | 12.15 | 13.67 | 87.30 | 87.98 | 82.07 | 126.44 | 83.88 | -25.95 | -8.32 | -3,415.42 | -11,920.10 | -170,734.12 |
| ROCE % | 7.98% | -0.66% | -2.26% | 2.70% | 3.04% | -8.67% | 0.75% | -47.31% | -10.06% | -8.84% | -6.47% | -10.90% |
| Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 24.54% | 24.54% | 24.54% | 24.54% | 24.54% | 24.54% | 24.53% | 12.08% | 12.08% | 12.08% | 12.08% | 12.08% |
| DIIs | 25.00% | 25.00% | 25.00% | 20.79% | 10.85% | 10.20% | 7.27% | 7.27% | 7.27% | 7.27% | 7.27% | 0.00% |
| Public | 50.46% | 50.46% | 50.47% | 54.67% | 64.61% | 65.26% | 68.20% | 80.64% | 80.64% | 80.64% | 80.65% | 87.92% |
| No. of Shareholders | 5,177 | 5,194 | 5,177 | 6,664 | 7,534 | 7,487 | 22,565 | 28,362 | 30,397 | 30,613 | 31,061 | 31,309 |
Fundamentals
Market Cap₹ 3.18 Cr.
Current Price₹ 0.21
Book Value₹ -5.63
ROCE-10.9 %
ROE%
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-65%
Compounded Profit Growth (TTM)-41%
Standalone figures.
Valuation
Market capRs 3 Cr
Enterprise valueRs 179 Cr
Price to book-0.04x
Price to sales9.35x
EV / sales527.68x
Price to cash flow1.26x
Earnings yield-249.37%
P/E, 3-year average1.56x
P/B, 3-year average-0.03x
P/E, 5-year average1.56x
P/B, 5-year average-0.03x
Profitability
Operating margin (excl. other income)-2811.76%
Operating margin (incl. other income)-2797.06%
EBITDA margin-2429.41%
Pre-tax margin-3064.71%
Net profit margin-2332.35%
ROE6.44%
ROCE-10.90%
ROA-7.89%
ROE, 3-year average2.24%
ROCE, 3-year average-6.35%
ROA, 3-year average-2.89%
ROE, 5-year average43.59%
ROCE, 5-year average-25.99%
ROA, 5-year average-19.14%
ROIC (approx.)-8.99%
Tax rate21.34%
Other income / net worth-0.06%
Growth
Sales growth (latest year)-89.97%
Sales CAGR, 3 years-81.17%
Sales CAGR, 5 years-71.63%
Per share
EPS (TTM)Rs -0.52
EPS (latest quarter)Rs -0.02
EPS, 3-year averageRs -0.02
EPS, 5-year averageRs -3.11
Book value per shareRs -5.62
Sales per shareRs 0.02
Cash flow per shareRs 0.17
Free cash flow per shareRs 0.71
Efficiency
Asset turnover0.00x
Fixed asset turnover0.01x
Inventory turnover8.00x
Inventory days46 days
Debtor days20032 days
Debtors turnover0.02x
Creditor days1506 days
Cash conversion cycle18572 days
Working capital days-170734 days
Leverage
Total debtRs 176 Cr
Cash and bankRs 0 Cr
Net debtRs 176 Cr
Debt to equity-2.07x
Owners' fund to total sources-78.17%
Debt to assets162.05%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs 8 Cr
Cash from Financing Activity (latest year)Rs -11 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 11 Cr
FCFE (approx.: FCF + change in debt)Rs -136 Cr
Sales to cash flow0.13x
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -10 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -8 Cr
PBDT (TTM)Rs -8 Cr
Profit before tax (TTM)Rs -10 Cr
Tax (latest year)Rs -2 Cr
Net profit (TTM)Rs -8 Cr
Net profit (latest year)Rs -9 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 10 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 147 Cr
ReservesRs -232 Cr
Shareholders' fundsRs -85 Cr
Total assetsRs 109 Cr
Net blockRs 24 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 0 Cr
ReceivablesRs 19 Cr
InventoryRs 0 Cr
Other liabilitiesRs 18 Cr
Shares outstanding (crore)15.14
Ownership
Promoter holding12.08% (+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).
| Period | 530611 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -8.7% | -2.8% | -5.9 pts |
| 1 month | -8.7% | -6.8% | -1.9 pts |
| 3 years | -52.3% | +14.2% | -66.4 pts |
| 5 years | -53.3% | +27.9% | -81.2 pts |
Red flags
F-score 4 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Receivables outrunning sales Receivables grew -37% vs sales -90% in 2024 |
| look | Repeated losses Net loss in each of the last two years |
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 2024Sales ₹0 Cr -100.0% vs Jun 2023.
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 Sturdy Industries Ltd?
Sturdy Industries Ltd (530611) has a market capitalisation of Rs 3.18 Cr. at the 2026-09-28 close.
What were Sturdy Industries Ltd's latest quarterly results?
In the Jun 2024 quarter, Sturdy Industries Ltd sales was Rs 0 Cr (-100.0% vs Jun 2023) with a net loss of Rs 0 Cr.