Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 0.06 | 0.12 | 0.03 | 0.08 | 0.15 | 0.19 | 0.05 | 0.10 | 0.04 | 0.03 | 0.04 | 0.08 |
| Operating Profit | -0.06 | -0.12 | -0.03 | -0.08 | -0.15 | -0.19 | -0.05 | -0.10 | -0.04 | -0.03 | -0.04 | -0.08 |
| OPM % | ||||||||||||
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.03 | 0.02 | 0.04 | 0.04 | 0.00 | 0.08 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -0.09 | -0.14 | -0.07 | -0.12 | -0.15 | -0.28 | -0.09 | -0.14 | -0.08 | -0.07 | -0.08 | -0.12 |
| 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 | -0.09 | -0.14 | -0.07 | -0.12 | -0.15 | -0.28 | -0.09 | -0.14 | -0.08 | -0.07 | -0.08 | -0.12 |
| EPS in Rs | -0.02 | -0.04 | -0.02 | -0.03 | -0.04 | -0.07 | -0.02 | -0.04 | -0.02 | -0.02 | -0.02 | -0.03 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.75 | 3.31 | 0.72 | 0.77 | 3.32 | 0.00 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 1.29 | 3.53 | 0.91 | 4.35 | 8.12 | 0.57 | 0.48 | 0.24 | 0.48 | 0.19 | 0.19 |
| Operating Profit | 0.46 | -0.22 | -0.19 | -3.58 | -4.80 | -0.57 | -0.21 | -0.24 | -0.48 | -0.19 | -0.19 |
| OPM % | 26.29% | -6.65% | -26.39% | -464.94% | -144.58% | -77.78% | |||||
| Other Income | 1.04 | 1.10 | 0.78 | 0.00 | 0.02 | 0.00 | 0.09 | 0.01 | 0.01 | 0.01 | 0.00 |
| Interest | 0.21 | 0.01 | 0.10 | 0.19 | 0.19 | 0.11 | 0.12 | 0.14 | 0.16 | 0.17 | 0.16 |
| Depreciation | 0.16 | 0.08 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.00 |
| Profit before tax | 1.13 | 0.79 | 0.46 | -3.80 | -4.99 | -0.70 | -0.26 | -0.38 | -0.65 | -0.37 | -0.35 |
| Tax % | 30.09% | 0.00% | -2.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Net Profit | 0.79 | 0.79 | 0.47 | -3.81 | -4.99 | -0.70 | -0.26 | -0.38 | -0.64 | -0.37 | -0.35 |
| EPS in Rs | 0.20 | 0.20 | 0.12 | -0.97 | -1.27 | -0.18 | -0.07 | -0.10 | -0.16 | -0.09 | -0.09 |
| Dividend Payout % | 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 | % | % | % | % | ||
| Compounded Profit Growth | % | 14% | -17% | 47% | ||
| Stock Price CAGR | 13% | 16% | 0% | -10% | ||
| Return on Equity | -3% | -1% | -1% | -1% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 39.41 | 39.41 | 39.41 | 39.41 | 39.41 | 39.41 | 39.41 | 39.41 | 39.41 | 39.41 |
| Reserves | -30.44 | -29.58 | -28.84 | 3.28 | -1.59 | -1.29 | -1.87 | -0.81 | -2.88 | -3.19 |
| Borrowings | 1.80 | 36.32 | 38.61 | 2.18 | 3.51 | 4.06 | 4.43 | 3.30 | 5.50 | 5.73 |
| Other Liabilities | 40.97 | 1.29 | 1.29 | 2.72 | 1.21 | 4.39 | 0.30 | 0.32 | 0.18 | 0.13 |
| Total Liabilities | 51.74 | 47.44 | 50.47 | 47.59 | 42.54 | 46.57 | 42.27 | 42.22 | 42.21 | 42.08 |
| Fixed Assets | 0.24 | 2.02 | 1.94 | 0.07 | 0.06 | 5.49 | 5.29 | 5.27 | 5.27 | 5.24 |
| CWIP | 7.41 | 0.00 | 0.00 | 1.84 | 1.86 | 1.67 | 1.67 | 1.67 | 1.67 | 1.67 |
| Investments | 15.40 | 10.13 | 10.11 | 1.28 | 1.28 | 1.28 | 1.28 | 1.28 | 1.28 | 1.28 |
| Other Assets | 28.69 | 35.29 | 38.42 | 44.40 | 39.34 | 38.13 | 34.03 | 34.00 | 33.99 | 33.89 |
| Total Assets | 51.74 | 47.44 | 50.47 | 47.59 | 42.54 | 46.57 | 42.27 | 42.22 | 42.21 | 42.08 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.79 | -0.79 | -1.55 | -4.64 | -4.29 | 2.62 | -2.39 | 1.24 | -2.04 | -0.21 |
| Cash from Investing Activity | -1.12 | -1.12 | -3.94 | 4.09 | 4.37 | -0.93 | 0.18 | 0.00 | -0.02 | 0.00 |
| Cash from Financing Activity | 1.83 | 1.83 | 4.25 | -0.19 | -0.17 | 0.45 | 0.25 | -1.27 | 2.05 | 0.06 |
| Net Cash Flow | -0.08 | -0.08 | -1.24 | -0.75 | -0.08 | 2.13 | -1.96 | -0.03 | -0.01 | -0.15 |
| Free Cash Flow | -10.00 | -10.00 | -1.51 | -4.63 | -4.29 | 2.62 | -2.39 | 1.24 | -2.04 | -0.21 |
| CFO/OP | -193% | 405% | 821% | 130% | 89% | -460% | 1,138% | -517% | 425% | 111% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,468.34 | 744.34 | 3,492.85 | 3,540.97 | 745.39 | 9,165.56 | ||||
| Inventory Days | 603.65 | 44.64 | 0.00 | 0.00 | 0.00 | |||||
| Days Payable | 182.50 | 23.63 | ||||||||
| Cash Conversion Cycle | 1,889.50 | 765.34 | 3,492.85 | 3,540.97 | 745.39 | 9,165.56 | ||||
| Working Capital Days | 5,084.97 | 563.49 | 3,295.14 | 246.49 | 615.66 | 8,814.07 | ||||
| ROCE % | 3.09% | 1.11% | -7.68% | -11.14% | -1.41% | -0.33% | -0.57% | -1.17% | -0.48% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 20.82% | 20.82% | 20.83% | 20.82% | 20.82% | 20.82% | 18.29% | 18.07% | 18.07% | 18.07% | 18.07% | 18.07% |
| Public | 79.18% | 79.17% | 79.17% | 79.18% | 79.18% | 79.18% | 81.73% | 81.92% | 81.92% | 81.92% | 81.93% | 81.92% |
| No. of Shareholders | 3,578 | 3,404 | 3,512 | 3,608 | 3,948 | 6,038 | 5,236 | 4,943 | 5,478 | 5,449 | 5,591 | 5,706 |
Fundamentals
Market Cap₹ 30.4 Cr.
Current Price₹ 7.70
Book Value₹ 9.19
ROCE-0.48 %
ROE-1.02 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)47%
Consolidated figures.
Valuation
Market capRs 32 Cr
Enterprise valueRs 38 Cr
Price to book0.89x
Earnings yield-1.09%
P/B, 3-year average1.07x
P/B, 5-year average0.86x
Profitability
ROE-1.02%
ROCE-0.48%
ROA-0.88%
ROE, 3-year average-1.24%
ROCE, 3-year average-0.74%
ROA, 3-year average-1.10%
ROE, 5-year average-1.25%
ROCE, 5-year average-0.79%
ROA, 5-year average-1.09%
ROIC (approx.)-0.45%
Other income / net worth0.03%
Per share
EPS (TTM)Rs -0.09
EPS (latest year)Rs -0.09
EPS (latest quarter)Rs -0.03
EPS, 3-year averageRs -0.12
EPS, 5-year averageRs -0.12
Book value per shareRs 9.19
Cash flow per shareRs -0.05
Free cash flow per shareRs -0.05
Efficiency
Creditor days24 days
Cash conversion cycle9166 days
Working capital days8814 days
Leverage
Total debtRs 6 Cr
Cash and bankRs 0 Cr
Net debtRs 6 Cr
Debt to equity0.16x
Interest coverage-1.19x
Owners' fund to total sources86.07%
Debt to assets13.62%
Cash flow
Cash from Operating 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
Statement figures
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
Net profit (TTM)Rs -0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 39 Cr
ReservesRs -3 Cr
Shareholders' fundsRs 36 Cr
Total assetsRs 42 Cr
Net blockRs 5 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 1 Cr
ReceivablesRs 7 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)3.94
Ownership
Promoter holding18.07% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.89 is at the 40th percentile (median 0.94).
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.
| Period | 532402 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.9% | -2.8% | +5.7 pts |
| 1 month | -13.6% | -6.8% | -6.8 pts |
| 3 months | -29.5% | -7.6% | -21.8 pts |
| 3 years | +6.0% | +14.2% | -8.2 pts |
| 5 years | +120.6% | +27.9% | +92.7 pts |
Red flags
F-score 3 of 6| 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 2026Sales ₹0 Cr.
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 USG Tech Solutions Ltd?
USG Tech Solutions Ltd (532402) has a market capitalisation of Rs 30.4 Cr. at the 2026-10-01 close.
What were USG Tech Solutions Ltd's latest quarterly results?
In the Jun 2026 quarter, USG Tech Solutions Ltd sales was Rs 0 Cr with a net loss of Rs 0 Cr.