MarketFriction

Alfa Ica (India) Ltd

BSE 530973 · Plastic Products - Industrial
₹75.30 +0.00%
BSE close2026-10-01
Market cap₹28.2 Cr.
P/E13.0

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
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales16.7416.3118.3919.5118.4220.2620.3719.5918.9822.1725.9029.72
Expenses15.8415.3017.4218.2117.1320.2118.6618.2817.9221.0125.3928.21
Operating Profit0.901.010.971.301.290.051.711.311.061.160.511.51
OPM %5.38%6.19%5.27%6.66%7.00%0.25%8.39%6.69%5.58%5.23%1.97%5.08%
Other Income0.240.100.410.000.180.180.510.210.370.271.100.36
Interest0.360.400.370.420.530.550.440.500.490.550.450.46
Depreciation0.230.260.250.300.340.350.360.360.360.360.380.38
Profit before tax0.550.450.760.580.60-0.671.420.660.580.520.781.03
Tax %25.45%20.00%21.05%27.59%20.00%-19.40%24.65%25.76%22.41%25.00%28.21%25.24%
Net Profit0.410.360.600.420.48-0.541.080.500.450.390.560.77
EPS in Rs1.010.891.491.041.19-1.342.671.241.110.971.391.91
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales50.0349.9956.4756.0556.4755.1779.9864.6468.4978.5686.6496.77
Expenses46.8646.5853.6552.1952.9551.8475.5960.5764.4374.1382.5092.53
Operating Profit3.173.412.823.863.523.334.394.074.064.434.144.24
OPM %6.34%6.82%4.99%6.89%6.23%6.04%5.49%6.30%5.93%5.64%4.78%4.38%
Other Income0.480.020.900.460.640.860.400.550.800.881.942.10
Interest1.581.321.441.841.661.411.591.631.642.042.081.95
Depreciation0.670.650.680.690.850.881.011.040.991.351.461.48
Profit before tax1.401.461.601.791.651.902.191.952.231.922.542.91
Tax %8.57%33.56%25.62%30.17%25.45%25.26%25.57%25.13%24.66%25.00%25.59%
Net Profit1.280.971.181.251.231.421.631.461.681.441.902.17
EPS in Rs3.172.402.923.093.043.514.033.614.163.564.705.38
Dividend Payout %0.00%0.00%34.24%32.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%9%10%23%
Compounded Profit Growth4%7%9%43%
Stock Price CAGR8%17%12%-13%
Return on Equity8%8%7%8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4.044.044.044.044.044.044.044.044.044.044.044.04
Reserves6.587.868.8210.0010.7711.5212.9414.5716.0517.7319.1821.09
Borrowings12.7913.5113.1613.2616.7213.9212.8217.4414.9814.0419.0016.84
Other Liabilities5.003.316.386.505.294.927.758.864.938.786.3110.62
Total Liabilities28.4128.7232.4033.8036.8234.4037.5544.9140.0044.5948.5352.59
Fixed Assets7.427.339.239.7412.2512.5513.0413.7114.4315.1619.5719.92
CWIP0.000.000.220.220.000.000.000.000.000.760.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets20.9921.3922.9523.8424.5721.8524.5131.2025.5728.6728.9632.67
Total Assets28.4128.7232.4033.8036.8234.4037.5544.9140.0044.5948.5352.59
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.663.005.70-0.731.566.383.53-1.345.755.211.875.85
Cash from Investing Activity-1.79-0.62-2.75-1.24-2.95-1.39-1.27-1.73-1.75-2.48-4.96-1.81
Cash from Financing Activity1.30-0.71-1.56-1.131.35-4.78-2.443.11-4.02-2.473.03-4.17
Net Cash Flow0.171.671.39-3.09-0.050.22-0.180.04-0.030.25-0.06-0.13
Free Cash Flow-1.152.332.94-1.98-1.424.992.24-3.073.992.72-3.114.03
CFO/OP32%111%181%-10%54%192%118%-17%152%140%52%152%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days27.5436.7040.3855.7856.4657.7858.4256.9542.2451.9155.9457.00
Inventory Days126.84136.97137.10118.02133.97105.98132.44117.58144.93138.29107.49102.41
Days Payable31.4220.0553.6952.2142.6238.3968.6353.7532.0757.1436.8357.09
Cash Conversion Cycle122.97153.62123.79121.59147.81125.37122.23120.79155.09133.06126.60102.32
Working Capital Days83.8683.8350.8970.5860.0479.7661.1348.4765.1161.8751.0649.08
ROCE %14.52%12.62%10.77%11.63%12.31%10.82%10.86%11.66%10.07%10.98%10.10%11.00%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters71.12%71.12%71.12%71.12%71.12%71.12%71.12%71.12%71.12%71.12%71.12%71.12%
DIIs0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%
Public28.83%28.82%28.82%28.83%28.82%28.82%28.83%28.82%28.83%28.82%28.82%28.82%
No. of Shareholders5,4025,4115,4175,4345,6915,7035,6955,6995,6653,1723,1043,077

Fundamentals

Market Cap₹ 28.2 Cr.
Current Price₹ 69.8
Stock P/E13.0
Book Value₹ 62.2
ROCE11.0 %
ROE7.90 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)43%
Standalone figures.
Valuation
Market capRs 30 Cr
Enterprise valueRs 47 Cr
P/E (TTM)14.02x
Price to book1.21x
Price to sales0.31x
EV / EBITDA7.41x
EV / EBIT9.67x
EV / sales0.49x
Price to cash flow5.20x
Earnings yield7.13%
P/E, 3-year average16.89x
P/B, 3-year average1.19x
P/E, 5-year average14.43x
P/B, 5-year average1.06x
Profitability
Operating margin (excl. other income)4.78%
Operating margin (incl. other income)7.02%
EBITDA margin6.55%
Pre-tax margin3.01%
Net profit margin2.24%
Net margin, latest quarter2.59%
ROE7.86%
ROCE10.98%
ROA3.76%
ROE, 3-year average7.43%
ROCE, 3-year average10.68%
ROA, 3-year average3.61%
ROE, 5-year average7.80%
ROCE, 5-year average10.72%
ROA, 5-year average3.64%
ROIC (approx.)8.67%
Tax rate25.59%
Other income / net worth7.72%
Growth
Sales growth (latest year)10.29%
Profit growth (latest year)31.94%
Sales CAGR, 3 years10.26%
Sales CAGR, 5 years9.45%
Profit CAGR, 3 years9.18%
Profit CAGR, 5 years6.00%
Sales growth QoQ14.75%
Profit growth QoQ37.50%
Sales growth YoY (latest quarter)51.71%
Profit growth YoY (latest quarter)54.00%
Per share
EPS (TTM)Rs 5.37
EPS (latest year)Rs 4.70
EPS (latest quarter)Rs 1.91
EPS, 3-year averageRs 4.14
EPS, 5-year averageRs 4.01
Book value per shareRs 62.20
Sales per shareRs 239.53
Cash flow per shareRs 14.48
Free cash flow per shareRs 9.98
Efficiency
Asset turnover1.65x
Fixed asset turnover4.35x
Inventory turnover4.84x
Inventory days75 days
Debtor days57 days
Debtors turnover6.40x
Creditor days57 days
Cash conversion cycle102 days
Working capital days49 days
Leverage
Total debtRs 17 Cr
Cash and bankRs 0 Cr
Net debtRs 17 Cr
Debt to equity0.67x
Net debt / EBITDA2.61x
Interest coverage2.49x
Owners' fund to total sources47.78%
Debt to assets32.02%
Cash flow
Cash from Operating Activity (latest year)Rs 6 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Cash from ops / profit, 5 years2.14x
Sales to cash flow14.81x
Statement figures
Net sales (TTM)Rs 97 Cr
Net sales (latest year)Rs 87 Cr
Sales (latest quarter)Rs 30 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 71 Cr
Total expenditure (latest year)Rs 82 Cr
Total income (latest year)Rs 89 Cr
Share capitalRs 4 Cr
ReservesRs 21 Cr
Shareholders' fundsRs 25 Cr
Total assetsRs 53 Cr
Net blockRs 20 Cr
ReceivablesRs 14 Cr
InventoryRs 15 Cr
Other liabilitiesRs 11 Cr
Shares outstanding (crore)0.40
Ownership
Promoter holding71.12% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 14.0 is at the 51th percentile of its own 9.4-year range (median 13.5, low 6.1, high 35.8).
P/B 1.21 is at the 57th percentile (median 1.08).
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.
Period530973Nifty 50Difference
1 week-7.0%-2.8% -4.3 pts
1 month-9.7%-6.8% -2.9 pts
3 months+0.4%-7.6% +8.0 pts
3 years+44.8%+14.2% +30.6 pts
5 years+119.5%+27.9% +91.6 pts

Red flags

F-score 7 of 8
lookProfit leans on other income Other income was 76% of pre-tax profit in 2026
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 2026
Sales ₹30 Cr +51.7% vs Jun 2025. Net profit ₹1 Cr +54.0%.

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 Alfa Ica (India) Ltd?

Alfa Ica (India) Ltd (530973) has a market capitalisation of Rs 28.2 Cr. at the 2026-10-01 close.

What is the P/E ratio of Alfa Ica (India) Ltd?

Alfa Ica (India) Ltd trades at a P/E of 13.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Alfa Ica (India) Ltd's latest quarterly results?

In the Jun 2026 quarter, Alfa Ica (India) Ltd sales was Rs 30 Cr (+51.7% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03