MarketFriction

Croissance Ltd

BSE 531909 · Residential, Commercial Projects
₹1.04 -3.70%
BSE close2026-10-01
Market cap₹7.20 Cr.
P/E180

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.160.060.000.000.000.000.000.000.000.000.280.03
Expenses0.080.030.060.090.290.20-0.430.120.180.180.260.11
Operating Profit0.080.03-0.06-0.09-0.29-0.200.43-0.12-0.18-0.180.02-0.08
OPM %50.00%50.00%7.14%-266.67%
Other Income0.000.000.010.100.13-0.070.000.130.200.200.000.09
Interest0.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.080.03-0.050.01-0.16-0.270.430.010.020.020.020.01
Tax %0.00%0.00%40.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%100.00%0.00%
Net Profit0.080.03-0.070.01-0.16-0.270.420.010.020.020.000.00
EPS in Rs0.000.00-0.000.00-0.00-0.000.010.000.000.000.000.00
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.060.202.600.660.100.610.31
Expenses0.030.152.010.580.150.740.73
Operating Profit0.030.050.590.08-0.05-0.13-0.42
OPM %50.00%25.00%22.69%12.12%-50.00%-21.31%-135.48%
Other Income0.000.140.120.010.060.200.49
Interest0.000.000.000.000.000.000.00
Depreciation0.000.000.000.000.000.000.00
Profit before tax0.030.190.710.090.010.070.07
Tax %33.33%31.58%30.99%22.22%100.00%28.57%
Net Profit0.020.130.490.070.000.050.04
EPS in Rs0.000.000.010.000.000.000.00
Dividend Payout %0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%59%-38%510%
Compounded Profit Growth%20%-53%%
Stock Price CAGR-14%-30%-34%-58%
Return on Equity%2%1%1%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6.856.856.856.856.856.85
Reserves0.290.430.921.000.991.04
Borrowings0.410.490.490.040.000.91
Other Liabilities0.400.452.365.267.367.57
Total Liabilities7.958.2210.6213.1515.2016.37
Fixed Assets0.000.000.000.000.000.00
CWIP0.000.000.000.000.000.00
Investments0.000.000.000.000.000.00
Other Assets7.958.2210.6213.1515.2016.37
Total Assets7.958.2210.6213.1515.2016.37
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0.29-0.18-0.051.091.75-0.30
Cash from Investing Activity-0.12-0.120.05-0.01-2.35-0.58
Cash from Financing Activity0.410.410.00-0.46-0.040.91
Net Cash Flow0.000.110.000.63-0.630.03
Free Cash Flow-0.29-0.18-0.051.091.75-0.30
CFO/OP-933%-240%29%1,375%-3,500%231%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.001,679.00473.102,107.0513,906.502,279.75
Inventory Days0.000.000.00104.29
Days Payable11,784.29
Cash Conversion Cycle0.001,679.00473.102,107.0513,906.50-9,400.25
Working Capital Days-2,007.50967.25150.2127.6528,616.004,649.26
ROCE %2.48%8.86%1.11%0.13%0.84%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.75%59.75%59.75%59.75%59.75%59.75%59.75%59.75%59.79%48.84%47.04%47.04%
Public40.26%40.26%40.26%40.26%40.25%40.25%40.25%40.25%40.22%51.17%52.96%52.96%
No. of Shareholders2,4412,4418,7649,72412,19612,19613,16612,96612,48912,25012,16112,262

Fundamentals

Market Cap₹ 7.20 Cr.
Current Price₹ 1.05
Stock P/E180
Book Value₹ 0.12
ROCE0.84 %
ROE0.64 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)510%
Compounded Profit Growth (TTM)%
Consolidated figures.
Valuation
Market capRs 7 Cr
Enterprise valueRs 8 Cr
P/E (TTM)54.84x
Price to book0.98x
Price to sales35.65x
EV / EBITDA108.84x
EV / EBIT108.84x
EV / sales38.09x
Earnings yield1.82%
Profitability
Operating margin (excl. other income)25.00%
Operating margin (incl. other income)95.00%
EBITDA margin35.00%
Pre-tax margin35.00%
Net profit margin65.00%
ROE1.80%
ROCE2.48%
ROA1.61%
ROIC (approx.)0.62%
Tax rate31.58%
Other income / net worth1.92%
Growth
Sales growth (latest year)233.33%
Profit growth (latest year)550.00%
Sales growth QoQ-89.29%
Per share
EPS (TTM)Rs 0.02
EPS (latest year)Rs 0.02
Book value per shareRs 1.06
Sales per shareRs 0.03
Cash flow per shareRs -0.03
Free cash flow per shareRs -0.04
Efficiency
Asset turnover0.02x
Debtor days1679 days
Debtors turnover0.22x
Creditor days11784 days
Cash conversion cycle-9400 days
Working capital days4649 days
Leverage
Total debtRs 0 Cr
Net debtRs 0 Cr
Debt to equity0.07x
Net debt / EBITDA7.00x
Owners' fund to total sources88.56%
Debt to assets5.96%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs -0 Cr
Cash from ops / profit, 5 years3.12x
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Sales (latest quarter)Rs 0 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 7 Cr
ReservesRs 0 Cr
Shareholders' fundsRs 7 Cr
Total assetsRs 8 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)6.85
Ownership
Promoter holding47.04% (-12.71 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Period531909Nifty 50Difference
1 week-4.6%-2.8% -1.8 pts
1 month-10.3%-6.8% -3.6 pts
3 months-14.0%-7.6% -6.4 pts
3 years-72.0%+14.2% -86.1 pts
5 years-84.3%+27.9% -112.2 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -313% of net profit over the last 2 years
lookProfit leans on other income Other income was 74% 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 ₹0 Cr. Net profit ₹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 Croissance Ltd?

Croissance Ltd (531909) has a market capitalisation of Rs 7.20 Cr. at the 2026-10-01 close.

What is the P/E ratio of Croissance Ltd?

Croissance Ltd trades at a P/E of 180 on trailing twelve-month profit, at the 2026-10-01 close.

What were Croissance Ltd's latest quarterly results?

In the Jun 2026 quarter, Croissance Ltd sales was Rs 0 Cr and net profit was 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