MarketFriction

Ampvolts Ltd

BSE 535719 · Power Distribution
₹24.83 -5.23%
BSE close2026-10-01
Market cap₹69.0 Cr.
P/E23.2

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
Sales0.020.130.870.110.540.400.931.021.456.8811.2813.01
Expenses0.440.580.970.420.810.691.040.991.425.049.639.25
Operating Profit-0.42-0.45-0.10-0.31-0.27-0.29-0.110.030.031.841.653.76
OPM %-2,100.00%-346.15%-11.49%-281.82%-50.00%-72.50%-11.83%2.94%2.07%26.74%14.63%28.90%
Other Income0.010.000.030.040.080.110.770.410.551.101.060.32
Interest0.300.140.120.010.010.110.190.280.440.721.101.43
Depreciation0.010.020.060.050.070.080.220.230.260.381.191.44
Profit before tax-0.72-0.61-0.25-0.33-0.27-0.370.25-0.07-0.121.840.421.21
Tax %-1.39%0.00%-28.00%0.00%7.41%-67.57%-380.00%371.43%-275.00%16.30%66.67%8.26%
Net Profit-0.72-0.60-0.18-0.33-0.29-0.121.20-0.320.211.530.131.10
EPS in Rs-0.28-0.23-0.07-0.13-0.11-0.050.47-0.120.080.600.050.43
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.100.110.110.050.060.080.090.031.021.9820.6432.62
Expenses0.160.190.150.180.124.340.170.412.562.9317.1025.34
Operating Profit-0.06-0.08-0.04-0.13-0.06-4.26-0.08-0.38-1.54-0.953.547.28
OPM %-60.00%-72.73%-36.36%-260.00%-100.00%-5,325.00%-88.89%-1,266.67%-150.98%-47.98%17.15%22.32%
Other Income0.000.850.000.000.000.003.120.04-0.020.963.133.03
Interest0.000.000.000.000.000.000.000.000.520.312.543.69
Depreciation0.310.310.000.000.000.000.000.000.090.422.063.27
Profit before tax-0.370.46-0.04-0.13-0.06-4.263.04-0.34-2.17-0.722.073.35
Tax %-21.62%-19.57%-100.00%-323.08%0.00%0.00%14.14%2.94%-3.23%-163.89%25.12%
Net Profit-0.290.550.000.29-0.06-4.262.61-0.36-2.100.461.552.97
EPS in Rs-0.110.210.000.11-0.02-1.641.00-0.14-0.810.180.601.16
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth70%204%783%1029%
Compounded Profit Growth22%19%85%532%
Stock Price CAGR40%69%-15%5%
Return on Equity-1%2%0%3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital10.0010.0010.0010.0010.0010.0010.0010.0010.0014.8025.8425.71
Reserves-5.14-5.43-4.88-4.89-4.60-4.66-8.92-6.31-6.672.4323.3925.06
Borrowings0.620.190.050.070.030.060.120.194.310.0611.4452.49
Other Liabilities1.090.950.020.030.040.070.080.130.251.300.311.46
Total Liabilities6.575.715.195.215.475.471.284.017.8918.5960.98104.72
Fixed Assets0.620.310.000.000.000.000.000.000.101.494.5828.85
CWIP0.000.000.000.000.000.000.000.000.050.480.680.00
Investments0.020.020.020.020.020.020.020.020.020.020.020.02
Other Assets5.935.385.175.195.455.451.263.997.7216.6055.7075.85
Total Assets6.575.715.195.215.475.471.284.017.8918.5960.98104.72
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.52-0.20-0.170.13-0.820.000.00-0.10-3.90-2.71-21.66-21.99
Cash from Investing Activity0.000.000.000.000.000.000.000.00-0.15-8.03-21.17-14.02
Cash from Financing Activity-0.360.000.560.200.000.000.000.104.0911.2342.5135.98
Net Cash Flow0.16-0.200.390.32-0.820.000.000.000.040.49-0.32-0.04
Free Cash Flow0.52-0.20-0.170.13-0.820.000.00-0.10-4.05-4.67-25.42-43.42
CFO/OP156%333%212%-225%631%0%0%125%1,026%176%2,271%-614%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.000.00398.180.00438.00425.83410.62405.56365.00397.21129.04351.03
Inventory Days0.00860.631,784.44244.60
Days Payable445.68324.4446.72
Cash Conversion Cycle0.000.00398.180.00438.00425.83410.62405.56365.00812.151,589.04548.91
Working Capital Days-270.10-1,131.50298.64-99.55146.00121.6745.62-81.1146,233.331,714.071,388.11282.06
ROCE %0.87%-7.23%9.26%-0.77%-2.45%-1.11%-129.09%119.69%-5.90%-12.76%-0.95%5.62%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters58.15%58.15%58.15%54.30%54.30%54.30%54.57%54.64%54.64%54.64%55.25%55.25%
DIIs0.14%0.14%0.05%0.05%0.05%0.08%0.08%0.08%0.05%0.05%0.05%0.05%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.03%0.03%0.03%0.03%
Public41.71%41.71%41.80%45.64%45.65%45.62%45.35%45.28%45.29%45.29%44.67%44.67%
No. of Shareholders6,5326,4637,6307,6057,8598,1808,6318,6798,7858,8878,6528,689

Fundamentals

Market Cap₹ 69.0 Cr.
Current Price₹ 26.8
Stock P/E23.2
Book Value₹ 19.8
ROCE5.62 %
ROE3.10 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1029%
Compounded Profit Growth (TTM)532%
Standalone figures.
Valuation
Market capRs 64 Cr
Enterprise valueRs 101 Cr
P/E (TTM)21.48x
Price to book1.26x
Price to sales1.96x
EV / EBITDA9.77x
EV / EBIT14.30x
EV / sales3.09x
Earnings yield4.65%
P/E, 3-year average153.40x
P/B, 3-year average3.56x
P/E, 5-year average77.29x
P/B, 5-year average4.82x
Profitability
Operating margin (excl. other income)17.15%
Operating margin (incl. other income)32.32%
EBITDA margin31.61%
Pre-tax margin10.27%
Net profit margin9.10%
Net margin, latest quarter8.46%
ROE3.10%
ROCE5.62%
ROA1.87%
ROE, 3-year average-5.31%
ROCE, 3-year average-2.89%
ROA, 3-year average-4.28%
ROE, 5-year average16.65%
ROCE, 5-year average21.02%
ROA, 5-year average15.96%
ROIC (approx.)6.01%
Tax rate25.12%
Other income / net worth6.17%
Growth
Sales growth (latest year)942.42%
Profit growth (latest year)236.96%
Sales CAGR, 3 years782.80%
Sales CAGR, 5 years203.62%
Sales growth QoQ15.34%
Profit growth QoQ746.15%
Sales growth YoY (latest quarter)1175.49%
Per share
EPS (TTM)Rs 1.16
EPS (latest quarter)Rs 0.43
EPS, 3-year averageRs -0.32
EPS, 5-year averageRs 0.40
Book value per shareRs 19.76
Sales per shareRs 12.69
Cash flow per shareRs -8.56
Free cash flow per shareRs -16.90
Efficiency
Asset turnover0.20x
Fixed asset turnover0.72x
Inventory turnover1.49x
Inventory days245 days
Debtor days351 days
Debtors turnover1.04x
Creditor days47 days
Cash conversion cycle549 days
Working capital days282 days
Leverage
Total debtRs 52 Cr
Cash and bankRs 16 Cr
Net debtRs 37 Cr
Debt to equity1.03x
Net debt / EBITDA3.58x
Interest coverage1.91x
Owners' fund to total sources48.48%
Debt to assets50.12%
Cash flow
Cash from Operating Activity (latest year)Rs -22 Cr
Cash from Investing Activity (latest year)Rs -14 Cr
Cash from Financing Activity (latest year)Rs 36 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -43 Cr
FCFE (approx.: FCF + change in debt)Rs -2 Cr
Cash from ops / profit, 5 years-23.31x
Statement figures
Net sales (TTM)Rs 33 Cr
Net sales (latest year)Rs 21 Cr
Sales (latest quarter)Rs 13 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 10 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 10 Cr
Total expenditure (latest year)Rs 17 Cr
Total income (latest year)Rs 24 Cr
Share capitalRs 26 Cr
ReservesRs 25 Cr
Shareholders' fundsRs 51 Cr
Total assetsRs 105 Cr
Net blockRs 29 Cr
InvestmentsRs 0 Cr
ReceivablesRs 20 Cr
InventoryRs 6 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)2.57
Ownership
Promoter holding55.25% (+0.61 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 21.7 is at the 58th percentile of its own 4.9-year range (median 13.2, low 5.9, high 186.6).
P/B 1.27 is at the 45th percentile (median 1.39).
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.
Period535719Nifty 50Difference
1 week-3.2%-2.8% -0.4 pts
1 month-9.8%-6.8% -3.0 pts
3 months-17.2%-7.6% -9.6 pts
3 years-37.7%+14.2% -51.8 pts
5 years+1220.7%+27.9% +1192.9 pts

Red flags

F-score 5 of 8
explainHigh accruals Profit exceeded operating cash by 22% of total assets in 2026
explainReceivables outrunning sales Receivables grew 2736% vs sales +942% in 2026
lookProfit leans on other income Other income was 151% 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 ₹13 Cr +1175.5% vs Jun 2025. Net profit ₹1 Cr +443.8%.

Activity

Compare
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Adani Energy Solutions Ltd159,69354.79.65 %
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 Ampvolts Ltd?

Ampvolts Ltd (535719) has a market capitalisation of Rs 69.0 Cr. at the 2026-10-01 close.

What is the P/E ratio of Ampvolts Ltd?

Ampvolts Ltd trades at a P/E of 23.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Ampvolts Ltd's latest quarterly results?

In the Jun 2026 quarter, Ampvolts Ltd sales was Rs 13 Cr (+1175.5% 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