Price
Financials
Standalone, 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 | 31.23 | 22.05 | 44.56 | 53.69 | 55.55 | 57.24 | 72.95 | 60.13 | 57.66 | 62.41 | 79.90 | 79.36 |
| Expenses | 28.18 | 18.95 | 40.17 | 49.48 | 50.57 | 51.99 | 67.95 | 56.52 | 54.79 | 59.77 | 77.29 | 76.49 |
| Operating Profit | 3.05 | 3.10 | 4.39 | 4.21 | 4.98 | 5.25 | 5.00 | 3.61 | 2.87 | 2.64 | 2.61 | 2.87 |
| OPM % | 9.77% | 14.06% | 9.85% | 7.84% | 8.96% | 9.17% | 6.85% | 6.00% | 4.98% | 4.23% | 3.27% | 3.62% |
| Other Income | 0.12 | 0.10 | -0.01 | 0.03 | 0.05 | 0.05 | 0.05 | 0.06 | 0.17 | 0.25 | 0.27 | 0.08 |
| Interest | 1.00 | 0.84 | 1.24 | 1.05 | 1.46 | 1.12 | 1.08 | 0.95 | 0.68 | 0.86 | 1.01 | 1.13 |
| Depreciation | 0.22 | 0.23 | 0.23 | 0.27 | 0.29 | 0.32 | 0.32 | 0.37 | 0.39 | 0.40 | 0.41 | 0.40 |
| Profit before tax | 1.95 | 2.13 | 2.91 | 2.92 | 3.28 | 3.86 | 3.65 | 2.35 | 1.97 | 1.63 | 1.46 | 1.42 |
| Tax % | 21.54% | 23.00% | 39.18% | 27.05% | 23.48% | 30.31% | 34.52% | 27.66% | 22.84% | 36.20% | 8.90% | 24.65% |
| Net Profit | 1.53 | 1.64 | 1.77 | 2.13 | 2.51 | 2.70 | 2.39 | 1.70 | 1.52 | 1.04 | 1.33 | 1.07 |
| EPS in Rs | 0.12 | 0.13 | 0.14 | 0.16 | 0.19 | 0.21 | 0.19 | 0.14 | 0.12 | 0.08 | 0.11 | 0.09 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 41 | 39 | 49 | 73 | 66 | 70 | 85 | 107 | 124 | 239 | 260 | 279 |
| Expenses | 38 | 36 | 45 | 68 | 60 | 63 | 76 | 95 | 111 | 220 | 248 | 268 |
| Operating Profit | 3 | 3 | 4 | 5 | 6 | 7 | 9 | 12 | 13 | 19 | 12 | 11 |
| OPM % | 8% | 8% | 8% | 7% | 9% | 10% | 10% | 11% | 11% | 8% | 4.5% | 3.9% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 1 | 0 | 1 | 2 | 2 | 3 | 4 | 8 | 8 | 14 | 7 | 6 |
| Tax % | 18% | 33% | 32% | 23% | 39% | 20% | 30% | 25% | 29% | 29% | 25% | |
| Net Profit | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 6 | 6 | 10 | 6 | 5 |
| EPS in Rs | 0.05 | 0.02 | 0.06 | 0.09 | 0.08 | 0.16 | 0.24 | 0.45 | 0.46 | 0.79 | 0.45 | 0.40 |
| Dividend Payout % | 0% | 0% | 34% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 20% | 30% | 34% | 14% | ||
| Compounded Profit Growth | 25% | 22% | -1% | -47% | ||
| Stock Price CAGR | -8% | -15% | -20% | -15% | ||
| Return on Equity | 11% | 13% | 11% | 6% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 13 | 13 | 13 | 13 | 13 | 19 | 19 | 19 | 25 | 25 |
| Reserves | 7 | 9 | 6 | 6 | 7 | 8 | 10 | 7 | 13 | 19 | 63 | 68 |
| Borrowings | 12 | 15 | 15 | 23 | 27 | 29 | 39 | 39 | 35 | 52 | 34 | 46 |
| Other Liabilities | 4 | 5 | 10 | 10 | 11 | 19 | 14 | 19 | 21 | 13 | 28 | 19 |
| Total Liabilities | 32 | 38 | 43 | 52 | 57 | 69 | 76 | 84 | 88 | 103 | 149 | 157 |
| Fixed Assets | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 7 | 7 | 12 | 13 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 28 | 33 | 38 | 47 | 52 | 64 | 70 | 78 | 82 | 96 | 138 | 144 |
| Total Assets | 32 | 38 | 43 | 52 | 57 | 69 | 76 | 84 | 88 | 103 | 149 | 157 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -6 | -0 | 0 | -2 | 0 | 1 | -1 | -1 | 6 | -24 | -4 | 5 |
| Cash from Investing Activity | -0 | -2 | -1 | -1 | -1 | -1 | -2 | -0 | -1 | -2 | -5 | -3 |
| Cash from Financing Activity | 5 | 3 | -0 | 3 | 1 | -0 | 4 | 2 | -5 | 26 | 12 | -2 |
| Net Cash Flow | -1 | 1 | -1 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 3 | 1 |
| Free Cash Flow | -7 | -2 | -0 | -3 | -1 | 0 | -3 | -2 | 5 | -26 | -9 | 2 |
| CFO/OP | -165% | 5% | 21% | -44% | 9% | 33% | -10% | -1% | 66% | -164% | 1% | 62% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 47 | 51 | 66 | 74 | 63 | 86 | 66 | 65 | 42 | 67 | 64 | 64 |
| Inventory Days | 290 | 270 | 334 | 326 | 226 | 323 | 356 | 323 | 286 | 254 | 160 | 146 |
| Days Payable | 45 | 47 | 93 | 79 | 58 | 117 | 82 | 87 | 71 | 28 | 39 | 23 |
| Cash Conversion Cycle | 292 | 273 | 307 | 321 | 231 | 292 | 340 | 301 | 257 | 294 | 185 | 187 |
| Working Capital Days | 121 | 113 | 123 | 125 | 93 | 105 | 120 | 120 | 96 | 174 | 112 | 105 |
| ROCE % | 14% | 10% | 8% | 9% | 10% | 11% | 13% | 13% | 18% | 16% | 17% | 8% |
| 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 | 59.69% | 27.89% | 27.89% | 27.89% | 27.89% | 27.89% | 29.50% | 29.50% | 29.50% | 29.50% | 29.50% | 29.50% |
| Public | 40.31% | 72.11% | 72.11% | 72.10% | 72.10% | 72.09% | 70.50% | 70.50% | 70.50% | 70.51% | 70.51% | 70.50% |
| No. of Shareholders | 14,556 | 42,985 | 45,626 | 43,028 | 41,954 | 43,277 | 48,084 | 49,623 | 49,395 | 48,587 | 47,428 | 46,698 |
Fundamentals
Market Cap₹ 95.9 Cr.
Current Price₹ 7.80
Stock P/E19.3
Book Value₹ 7.54
ROCE8.41 %
ROE6.22 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)14%
Compounded Profit Growth (TTM)-47%
Standalone figures.
Valuation
Market capRs 96 Cr
Enterprise valueRs 136 Cr
P/E (TTM)19.39x
Price to book1.04x
Price to sales0.34x
EV / EBITDA11.55x
EV / EBIT13.37x
EV / sales0.49x
Price to cash flow17.58x
Earnings yield5.16%
P/E, 3-year average14.47x
P/B, 3-year average1.70x
P/E, 5-year average29.21x
P/B, 5-year average3.82x
Profitability
Operating margin (excl. other income)4.51%
Operating margin (incl. other income)4.80%
EBITDA margin4.21%
Pre-tax margin2.32%
Net profit margin1.78%
Net margin, latest quarter1.35%
ROE6.21%
ROCE8.39%
ROA3.64%
ROE, 3-year average12.95%
ROCE, 3-year average13.86%
ROA, 3-year average5.86%
ROE, 5-year average14.32%
ROCE, 5-year average14.40%
ROA, 5-year average5.65%
ROIC (approx.)5.77%
Tax rate24.80%
Other income / net worth0.81%
Growth
Sales growth (latest year)8.64%
Profit growth (latest year)-42.49%
Sales CAGR, 3 years34.40%
Sales CAGR, 5 years29.89%
Profit CAGR, 3 years-1.33%
Profit CAGR, 5 years22.34%
Sales growth QoQ-0.68%
Profit growth QoQ-19.55%
Sales growth YoY (latest quarter)31.98%
Profit growth YoY (latest quarter)-37.06%
Per share
EPS (TTM)Rs 0.40
EPS (latest year)Rs 0.45
EPS (latest quarter)Rs 0.09
EPS, 3-year averageRs 0.62
EPS, 5-year averageRs 0.56
Book value per shareRs 7.54
Sales per shareRs 22.72
Cash flow per shareRs 0.44
Free cash flow per shareRs 0.16
Efficiency
Asset turnover1.65x
Fixed asset turnover19.37x
Inventory turnover2.55x
Inventory days143 days
Debtor days64 days
Debtors turnover5.74x
Creditor days23 days
Cash conversion cycle187 days
Working capital days105 days
Leverage
Total debtRs 46 Cr
Cash and bankRs 6 Cr
Net debtRs 40 Cr
Debt to equity0.50x
Net debt / EBITDA3.37x
Interest coverage2.76x
Owners' fund to total sources58.87%
Debt to assets29.19%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs 14 Cr
Cash from ops / profit, 5 years-0.58x
Sales to cash flow47.56x
Statement figures
Net sales (TTM)Rs 279 Cr
Net sales (latest year)Rs 260 Cr
Sales (latest quarter)Rs 79 Cr
Operating profit excl. other income (latest year)Rs 12 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 12 Cr
PBDT (TTM)Rs 8 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 5 Cr
Net profit (latest year)Rs 6 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 229 Cr
Total expenditure (latest year)Rs 248 Cr
Total income (latest year)Rs 261 Cr
Share capitalRs 25 Cr
ReservesRs 68 Cr
Shareholders' fundsRs 93 Cr
Total assetsRs 157 Cr
Net blockRs 13 Cr
ReceivablesRs 45 Cr
InventoryRs 90 Cr
Other liabilitiesRs 19 Cr
Shares outstanding (crore)12.30
Ownership
Promoter holding29.50% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 19.4 is at the 19th percentile of its own 8.4-year range
(median 73.9, low 10.1, high 227.1).
P/B 1.04 is at the 4th percentile (median 5.38).
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 | 538706 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.2% | -2.8% | +0.5 pts |
| 1 month | +20.7% | -6.8% | +27.5 pts |
| 3 months | +6.8% | -7.6% | +14.4 pts |
| 3 years | -49.4% | +14.2% | -63.6 pts |
| 5 years | -56.1% | +27.9% | -84.0 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -104% of net profit over the last 3 years |
| explain | Debt up, profit down Borrowings up 34% while net profit fell 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 2026Sales ₹79 Cr +32.0% vs Jun 2025.
Net profit ₹1 Cr -37.1%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Polycab India Ltd | 122,102 | 42.6 | 33.2 % |
| KEI Industries Ltd | 42,647 | 42.8 | 20.0 % |
| R R Kabel Ltd | 28,539 | 46.7 | 28.1 % |
| Finolex Cables Ltd | 21,954 | 27.4 | 16.0 % |
| KSH International Ltd | 6,968 | 53.2 | 21.5 % |
| Universal Cables Ltd | 5,096 | 25.5 | 11.7 % |
| V-Marc India Ltd | 4,639 | 39.7 | 41.4 % |
| Laser Power & Infra Ltd | 3,796 | 34.6 | 20.5 % |
| Lumino Industries Ltd | 3,179 | 18.7 | 26.6 % |
| Quadrant Future Tek Ltd | 2,161 | -15.5 % | |
| Dynamic Cables Ltd | 2,102 | 23.0 | 26.2 % |
| Paramount Communications Ltd | 1,892 | 31.0 | 12.4 % |
| Divine Power Energy Ltd | 1,546 | 57.9 | % |
| Systematic Industries Ltd | 596 | 27.7 | 17.4 % |
| Susan Electricals India Ltd | 581 | 23.2 | 37.0 % |
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 Ultracab (India) Ltd?
Ultracab (India) Ltd (538706) has a market capitalisation of Rs 95.9 Cr. at the 2026-10-01 close.
What is the P/E ratio of Ultracab (India) Ltd?
Ultracab (India) Ltd trades at a P/E of 19.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were Ultracab (India) Ltd's latest quarterly results?
In the Jun 2026 quarter, Ultracab (India) Ltd sales was Rs 79 Cr (+32.0% vs Jun 2025) and net profit was Rs 1 Cr.