Price
Financials
Standalone, Rs crore| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.19 | 10.10 | 2.46 | 2.06 | 0.69 | 12.67 | 0.28 | 0.86 | 0.69 | 10.56 | 1.21 | 3.09 |
| Expenses | 0.06 | 0.12 | 0.08 | 0.12 | 0.07 | 0.15 | 0.09 | 0.09 | 0.14 | 0.11 | 0.11 | 0.09 |
| Operating Profit | 0.13 | 9.98 | 2.38 | 1.94 | 0.62 | 12.52 | 0.19 | 0.77 | 0.55 | 10.45 | 1.10 | 3.00 |
| OPM % | 68.42% | 98.81% | 96.75% | 94.17% | 89.86% | 98.82% | 67.86% | 89.53% | 79.71% | 98.96% | 90.91% | 97.09% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.13 | 9.98 | 2.38 | 1.94 | 0.62 | 12.52 | 0.19 | 0.79 | 0.55 | 10.45 | 1.10 | 3.01 |
| Tax % | 30.77% | 1.00% | 33.61% | 3.09% | 30.65% | 0.48% | 31.58% | 36.71% | 25.45% | 0.19% | 21.82% | 20.60% |
| Net Profit | 0.09 | 9.88 | 1.59 | 1.88 | 0.42 | 12.45 | 0.13 | 0.50 | 0.41 | 10.43 | 0.86 | 2.39 |
| EPS in Rs | 0.27 | 29.94 | 4.82 | 5.70 | 1.27 | 37.73 | 0.39 | 1.52 | 1.24 | 31.61 | 2.61 | 7.24 |
| Mar 2007 | Mar 2008 | Sep 2009 18m | Sep 2010 | Sep 2011 | Sep 2012 | Mar 2014 18m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 78 | 89 | 137 | 113 | 129 | 7 | 7 | 7 | 34 | 15 | 14 | 16 |
| Expenses | 74 | 84 | 149 | 107 | 113 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | 4 | 5 | -12 | 6 | 17 | 7 | 7 | 7 | 34 | 14 | 14 | 15 |
| OPM % | 6% | 6% | -9% | 5% | 13% | 98% | 92% | 95% | 99% | 97% | 97% | 97% |
| Other Income | 6 | 7 | 11 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 3 | 2 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 9 | 9 | -7 | 11 | 11 | 7 | 7 | 7 | 34 | 14 | 14 | 15 |
| Tax % | 38% | 26% | -83% | 4% | 1% | 2% | 1% | 2% | 16% | 7% | 4% | |
| Net Profit | 5 | 6 | -1 | 11 | 11 | 6 | 7 | 7 | 28 | 13 | 14 | 14 |
| EPS in Rs | 19.97 | 20.73 | 86.30 | 40.70 | 40.91 | 42.70 | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 8% | 8% | 7% | 2% | 74% | 74% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -17% | 17% | 26% | 7% | ||
| Compounded Profit Growth | 8% | 16% | 25% | 4% | ||
| Stock Price CAGR | 7% | % | % | % | ||
| Return on Equity | % | 10% | 12% | 9% |
| Mar 2006 | Mar 2007 | Mar 2008 | Sep 2009 | Sep 2010 | Sep 2011 | Sep 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 31 | 37 | 43 | 42 | 53 | 63 | 106 | 112 | 118 | 146 | 160 | 149 |
| Borrowings | 85 | 94 | 101 | 112 | 119 | 138 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 35 | 49 | 63 | 31 | 50 | 41 | 1 | 1 | 1 | 1 | 0 | 0 |
| Total Liabilities | 155 | 184 | 211 | 188 | 225 | 246 | 110 | 116 | 122 | 150 | 163 | 153 |
| Fixed Assets | 26 | 32 | 33 | 31 | 41 | 40 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 67 | 67 | 67 | 83 | 79 | 100 | 100 | 111 | 121 | 144 | 155 | 142 |
| Other Assets | 62 | 85 | 111 | 74 | 105 | 106 | 10 | 5 | 1 | 6 | 8 | 11 |
| Total Assets | 155 | 184 | 211 | 188 | 225 | 246 | 110 | 116 | 122 | 150 | 163 | 153 |
| Mar 2006 | Mar 2007 | Mar 2008 | Sep 2009 | Sep 2010 | Sep 2011 | Sep 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -4 | 3 | -15 | -14 | -7 | -0 | -7 | 4 | -1 | -6 | -2 | 0 |
| Cash from Investing Activity | 7 | -5 | 2 | -8 | 4 | -17 | 5 | -4 | 1 | 7 | 3 | 24 |
| Cash from Financing Activity | -0 | 9 | 6 | 8 | 5 | 17 | 0 | -1 | -1 | -1 | -1 | -24 |
| Net Cash Flow | 3 | 6 | -7 | -15 | 1 | 0 | -1 | 0 | -0 | 0 | 0 | -0 |
| Free Cash Flow | -5 | -5 | -18 | -15 | -14 | -2 | -7 | 4 | -1 | -6 | -2 | 0 |
| CFO/OP | 29% | 150% | -240% | 108% | -120% | -0% | -102% | 66% | -5% | -2% | -8% | 5% |
| Mar 2006 | Mar 2007 | Mar 2008 | Sep 2009 | Sep 2010 | Sep 2011 | Sep 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 77 | 154 | 207 | 68 | 141 | 104 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 123 | 118 | 343 | 142 | 281 | 305 | ||||||
| Days Payable | 26 | 34 | 28 | 10 | 65 | 131 | ||||||
| Cash Conversion Cycle | 174 | 237 | 522 | 200 | 357 | 278 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 85 | 79 | 150 | 104 | 161 | 155 | 507 | -39 | 16 | 59 | 192 | 249 |
| ROCE % | 7% | 7% | -3% | 8% | 7% | 4% | 6% | 6% | 25% | 9% | 9% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| No. of Shareholders | 7,384 | 7,333 | 7,311 | 7,297 | 7,155 | 7,097 | 6,930 | 6,884 | 6,836 | 6,792 | 6,808 | 6,762 |
Fundamentals
Market Cap₹ 425 Cr.
Current Price₹ 1,276
Stock P/E30.2
Book Value₹ 474
ROCE8.96 %
ROE8.57 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)4%
Standalone figures.
Valuation
P/E, 3-year average22.61x
P/B, 3-year average2.09x
P/E, 5-year average18.26x
P/B, 5-year average1.52x
Profitability
Operating margin (excl. other income)97.24%
Operating margin (incl. other income)97.38%
EBITDA margin97.17%
Pre-tax margin97.17%
Net profit margin90.61%
Net margin, latest quarter77.35%
ROE8.57%
ROCE8.96%
ROA8.55%
ROE, 3-year average12.73%
ROCE, 3-year average14.40%
ROA, 3-year average12.68%
ROE, 5-year average9.97%
ROCE, 5-year average11.02%
ROA, 5-year average9.92%
ROIC (approx.)9.51%
Tax rate4.32%
Other income / net worth0.01%
Growth
Sales growth (latest year)-2.09%
Profit growth (latest year)0.52%
Sales CAGR, 3 years25.70%
Sales CAGR, 5 years16.80%
Profit CAGR, 3 years25.44%
Profit CAGR, 5 years15.96%
Sales growth QoQ155.37%
Profit growth QoQ177.91%
Sales growth YoY (latest quarter)259.30%
Profit growth YoY (latest quarter)378.00%
Per share
EPS (TTM)Rs 42.33
EPS (latest year)Rs 40.55
EPS (latest quarter)Rs 7.18
EPS, 3-year averageRs 55.48
EPS, 5-year averageRs 41.36
Book value per shareRs 457.47
Sales per shareRs 46.71
Cash flow per shareRs 0.18
Free cash flow per shareRs 0.00
Dividend per share (latest year)Rs 30.01
Dividend per share, 3-year averageRs 20.51
Dividend per share, 5-year averageRs 12.90
Dividends
Dividend payout74.00%
Dividend payout, 3-year average50.05%
Dividend payout, 5-year average33.01%
Efficiency
Asset turnover0.10x
Creditor days131 days
Cash conversion cycle0 days
Working capital days249 days
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Net debt / EBITDA-0.02x
Owners' fund to total sources99.77%
Cash flow
Cash from Operating Activity (latest year)Rs 0 Cr
Cash from Investing Activity (latest year)Rs 24 Cr
Cash from Financing Activity (latest year)Rs -24 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 0 Cr
Cash from ops / profit, 5 years-0.24x
Sales to cash flow241.67x
Statement figures
Net sales (TTM)Rs 16 Cr
Net sales (latest year)Rs 14 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs 14 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 15 Cr
PBDT (TTM)Rs 15 Cr
Profit before tax (TTM)Rs 15 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 14 Cr
Net profit (latest year)Rs 14 Cr
Net profit (latest quarter)Rs 2 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 0 Cr
Total income (latest year)Rs 15 Cr
Share capitalRs 3 Cr
ReservesRs 149 Cr
Shareholders' fundsRs 152 Cr
Total assetsRs 153 Cr
InvestmentsRs 142 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)0.33
Ownership
Promoter holding74.99% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 30.1 is at the 24th percentile of its own 2.8-year range
(median 37.2, low 6.7, high 47.5).
P/B 2.79 is at the 27th percentile (median 2.99).
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.
Not enough price history.
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was -14% of net profit over the last 3 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
Mar 2019Sales ₹3 Cr +259.3% vs Mar 2018.
Net profit ₹2 Cr +378.0%.
Activity
CompareNo listed peers in this industry.
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 Florence Investech Ltd(Merged)?
Florence Investech Ltd(Merged) (532518) has a market capitalisation of Rs 425 Cr. at the close.
What is the P/E ratio of Florence Investech Ltd(Merged)?
Florence Investech Ltd(Merged) trades at a P/E of 30.2 on trailing twelve-month profit, at the close.
What were Florence Investech Ltd(Merged)'s latest quarterly results?
In the Mar 2019 quarter, Florence Investech Ltd(Merged) sales was Rs 3 Cr (+259.3% vs Mar 2018) and net profit was Rs 2 Cr.