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 | 4.20 | 3.39 | 4.80 | 3.43 | 3.29 | 3.31 | 4.78 | 0.71 | 6.34 | 2.14 | 1.69 | 1.06 |
| Expenses | 3.66 | 3.19 | 3.65 | 3.21 | 3.08 | 3.05 | 6.30 | 0.38 | 6.04 | 1.88 | 1.38 | 0.77 |
| Operating Profit | 0.54 | 0.20 | 1.15 | 0.22 | 0.21 | 0.26 | -1.52 | 0.33 | 0.30 | 0.26 | 0.31 | 0.29 |
| OPM % | 12.86% | 5.90% | 23.96% | 6.41% | 6.38% | 7.85% | -31.80% | 46.48% | 4.73% | 12.15% | 18.34% | 27.36% |
| Other Income | 0.07 | 0.07 | 0.03 | 0.02 | 0.01 | 0.01 | 2.13 | 0.04 | 0.07 | 0.11 | 0.09 | 0.06 |
| Interest | 0.05 | 0.06 | 0.04 | 0.06 | 0.07 | 0.06 | 0.17 | 0.12 | 0.13 | 0.13 | 0.12 | 0.13 |
| Depreciation | 0.20 | 0.20 | 0.20 | 0.13 | 0.14 | 0.14 | 0.16 | 0.20 | 0.20 | 0.21 | 0.21 | 0.19 |
| Profit before tax | 0.36 | 0.01 | 0.94 | 0.05 | 0.01 | 0.07 | 0.28 | 0.05 | 0.04 | 0.03 | 0.07 | 0.03 |
| Tax % | 2.78% | 100.00% | 13.83% | 20.00% | 100.00% | 28.57% | 75.00% | 20.00% | 25.00% | 33.33% | 57.14% | 0.00% |
| Net Profit | 0.36 | 0.00 | 0.82 | 0.04 | 0.01 | 0.04 | 0.07 | 0.04 | 0.02 | 0.03 | 0.03 | 0.04 |
| EPS in Rs | 0.48 | 0.00 | 1.09 | 0.05 | 0.01 | 0.05 | 0.09 | 0.05 | 0.03 | 0.04 | 0.04 | 0.05 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 27.71 | 31.50 | 42.82 | 39.57 | 29.90 | 19.89 | 13.41 | 14.84 | 13.73 | 14.38 | 10.71 | 11.23 |
| Expenses | 23.24 | 24.22 | 32.08 | 33.11 | 24.66 | 17.53 | 14.25 | 13.53 | 12.55 | 14.92 | 9.33 | 10.07 |
| Operating Profit | 4.47 | 7.28 | 10.74 | 6.46 | 5.24 | 2.36 | -0.84 | 1.31 | 1.18 | -0.54 | 1.38 | 1.16 |
| OPM % | 16.13% | 23.11% | 25.08% | 16.33% | 17.53% | 11.87% | -6.26% | 8.83% | 8.59% | -3.76% | 12.89% | 10.33% |
| Other Income | 0.21 | 0.24 | 0.32 | 0.43 | 0.28 | 0.29 | 2.76 | 0.23 | 0.23 | 2.18 | 0.32 | 0.33 |
| Interest | 0.45 | 0.28 | 1.72 | 1.81 | 0.55 | 0.23 | 0.08 | 0.13 | 0.44 | 0.66 | 0.70 | 0.51 |
| Depreciation | 0.75 | 0.92 | 1.33 | 2.17 | 3.09 | 2.82 | 1.91 | 0.98 | 0.78 | 0.57 | 0.83 | 0.81 |
| Profit before tax | 3.48 | 6.32 | 8.01 | 2.91 | 1.88 | -0.40 | -0.07 | 0.43 | 0.19 | 0.41 | 0.17 | 0.17 |
| Tax % | -2.30% | 2.22% | 20.47% | 35.40% | 26.06% | 5.00% | 142.86% | 44.19% | 78.95% | 60.98% | 35.29% | |
| Net Profit | 3.56 | 6.17 | 6.37 | 1.87 | 1.39 | -0.42 | -0.16 | 0.25 | 0.04 | 0.16 | 0.11 | 0.12 |
| EPS in Rs | 4.75 | 8.36 | 8.77 | 2.63 | 1.96 | -0.53 | -0.20 | 0.33 | 0.05 | 0.21 | 0.15 | 0.16 |
| Dividend Payout % | 0.00% | 11.96% | 11.40% | 19.04% | 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 | -9% | -12% | -10% | -7% | ||
| Compounded Profit Growth | -29% | 18% | -24% | -25% | ||
| Stock Price CAGR | -13% | -4% | -14% | -16% | ||
| Return on Equity | 5% | -1% | -2% | 0% |
| 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 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 | 7.50 |
| Reserves | 4.43 | 7.99 | 13.75 | 19.42 | 20.88 | 19.93 | 19.63 | 19.48 | 19.73 | 19.76 | 19.98 | 20.09 |
| Borrowings | 2.55 | 2.39 | 0.85 | 4.42 | 3.56 | 1.39 | 0.33 | 0.66 | 0.49 | 1.79 | 4.08 | 3.98 |
| Other Liabilities | 9.39 | 9.88 | 12.29 | 7.45 | 10.58 | 13.06 | 7.38 | 6.81 | 6.81 | 6.26 | 5.88 | 3.66 |
| Total Liabilities | 23.87 | 27.76 | 34.39 | 38.79 | 42.52 | 41.88 | 34.84 | 34.45 | 34.53 | 35.31 | 37.44 | 35.23 |
| Fixed Assets | 2.78 | 3.41 | 5.30 | 5.16 | 8.81 | 6.94 | 5.12 | 6.72 | 6.30 | 5.72 | 3.84 | 3.15 |
| CWIP | 0.00 | 0.00 | 0.00 | 1.31 | 0.00 | 0.61 | 1.17 | 1.18 | 1.58 | 2.38 | 2.23 | 3.47 |
| Investments | 0.00 | 0.00 | 0.11 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| Other Assets | 21.09 | 24.35 | 28.98 | 32.24 | 33.63 | 34.25 | 28.47 | 26.47 | 26.57 | 27.13 | 31.29 | 28.53 |
| Total Assets | 23.87 | 27.76 | 34.39 | 38.79 | 42.52 | 41.88 | 34.84 | 34.45 | 34.53 | 35.31 | 37.44 | 35.23 |
| 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 | 0.61 | 1.56 | 6.29 | 4.60 | 7.62 | 4.85 | 0.55 | -1.11 | 1.55 | -1.70 | -2.57 | 1.37 |
| Cash from Investing Activity | -0.69 | -1.22 | -4.77 | -6.43 | -3.50 | -1.75 | -1.70 | 0.32 | -0.94 | 2.18 | 0.13 | -0.89 |
| Cash from Financing Activity | 0.12 | -0.63 | -1.17 | 2.01 | -3.55 | -2.16 | -0.36 | 0.46 | -0.33 | -0.36 | 1.95 | -0.58 |
| Net Cash Flow | 0.04 | -0.28 | 0.35 | 0.17 | 0.56 | 0.93 | -1.51 | -0.33 | 0.29 | 0.11 | -0.49 | -0.09 |
| Free Cash Flow | 0.02 | 0.17 | 3.47 | 2.10 | 1.79 | 3.03 | -1.01 | -2.11 | 0.59 | -2.70 | -1.10 | -0.01 |
| CFO/OP | 22% | 35% | 88% | 54% | 130% | 108% | 60% | 87% | 153% | -136% | 461% | 114% |
| 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 | 118.36 | 170.58 | 197.91 | 84.73 | 188.27 | 209.60 | 244.98 | 340.23 | 267.11 | 332.04 | 358.40 | 351.03 |
| Inventory Days | 804.21 | 316.12 | 34.44 | |||||||||
| Days Payable | 714.85 | 606.16 | 119.43 | |||||||||
| Cash Conversion Cycle | 118.36 | 259.94 | -92.13 | 84.73 | 103.28 | 209.60 | 244.98 | 340.23 | 267.11 | 332.04 | 358.40 | 351.03 |
| Working Capital Days | 79.02 | 109.33 | 110.66 | 80.30 | 94.82 | 117.56 | 200.39 | 290.69 | 248.66 | 323.26 | 295.45 | 382.72 |
| ROCE % | 24.29% | 32.51% | 35.73% | 14.75% | 8.09% | -0.60% | 0.04% | 2.02% | 2.21% | -3.30% | 2.76% |
| 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 | 55.14% | 55.14% | 55.14% | 55.14% | 55.14% | 54.46% | 54.46% | 54.46% | 54.46% | 53.94% | 53.89% | 53.89% |
| Public | 44.87% | 44.86% | 44.85% | 44.86% | 44.85% | 45.54% | 45.54% | 45.55% | 45.53% | 46.05% | 46.12% | 46.12% |
| No. of Shareholders | 4,414 | 4,681 | 4,857 | 4,901 | 4,938 | 5,003 | 4,956 | 4,880 | 4,849 | 4,790 | 4,722 | 4,722 |
Fundamentals
Market Cap₹ 16.5 Cr.
Current Price₹ 22.0
Stock P/E138
Book Value₹ 36.8
ROCE2.76 %
ROE0.40 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-7%
Compounded Profit Growth (TTM)-25%
Consolidated figures.
Valuation
Market capRs 16 Cr
Enterprise valueRs 15 Cr
P/E (TTM)134.38x
Price to book0.58x
Price to sales1.44x
EV / EBITDA9.98x
EV / EBIT21.88x
EV / sales1.32x
Price to cash flow11.77x
Earnings yield0.74%
P/E, 3-year average296.23x
P/B, 3-year average0.69x
P/E, 5-year average235.46x
P/B, 5-year average0.63x
Profitability
Operating margin (excl. other income)12.89%
Operating margin (incl. other income)15.87%
EBITDA margin13.27%
Pre-tax margin1.51%
Net profit margin1.07%
Net margin, latest quarter3.77%
ROE0.40%
ROCE2.76%
ROA0.30%
ROE, 3-year average0.38%
ROCE, 3-year average2.84%
ROA, 3-year average0.29%
ROE, 5-year average0.30%
ROCE, 5-year average2.11%
ROA, 5-year average0.23%
ROIC (approx.)1.67%
Tax rate35.29%
Other income / net worth1.16%
Growth
Sales growth (latest year)-25.52%
Profit growth (latest year)-31.25%
Sales CAGR, 3 years-10.30%
Sales CAGR, 5 years-11.64%
Profit CAGR, 3 years-23.94%
Sales growth QoQ-37.28%
Profit growth QoQ33.33%
Sales growth YoY (latest quarter)49.30%
Profit growth YoY (latest quarter)0.00%
Per share
EPS (TTM)Rs 0.16
EPS (latest year)Rs 0.15
EPS (latest quarter)Rs 0.05
EPS, 3-year averageRs 0.14
EPS, 5-year averageRs 0.11
Book value per shareRs 36.79
Sales per shareRs 14.97
Cash flow per shareRs 1.83
Free cash flow per shareRs -0.01
Efficiency
Asset turnover0.30x
Fixed asset turnover3.40x
Inventory turnover0.13x
Inventory days2784 days
Debtor days351 days
Debtors turnover1.04x
Creditor days119 days
Cash conversion cycle351 days
Working capital days383 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 5 Cr
Net debtRs -1 Cr
Debt to equity0.14x
Net debt / EBITDA-0.84x
Interest coverage1.33x
Owners' fund to total sources78.31%
Debt to assets11.30%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -1 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 years-6.15x
Sales to cash flow7.82x
Statement figures
Net sales (TTM)Rs 11 Cr
Net sales (latest year)Rs 11 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 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
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 9 Cr
Total income (latest year)Rs 11 Cr
Share capitalRs 8 Cr
ReservesRs 20 Cr
Shareholders' fundsRs 28 Cr
Total assetsRs 35 Cr
Net blockRs 3 Cr
Capital work in progressRs 3 Cr
InvestmentsRs 0 Cr
ReceivablesRs 10 Cr
InventoryRs 6 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)0.75
Ownership
Promoter holding53.89% (-0.57 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 134.4 is at the 98th percentile of its own 6.8-year range
(median 12.0, low 4.0, high 148.2).
P/B 0.58 is at the 19th percentile (median 0.72).
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 | 538922 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.5% | -2.8% | -0.7 pts |
| 1 month | -8.2% | -6.8% | -1.4 pts |
| 3 months | +3.4% | -7.6% | +11.0 pts |
| 3 years | -35.4% | +14.2% | -49.6 pts |
| 5 years | -17.6% | +27.9% | -45.5 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -935% of net profit over the last 3 years |
| explain | Low interest cover Interest cover 1.2x in 2026 |
| look | Inventory outrunning sales Inventory grew 16% vs sales -26% in 2026 |
| look | Profit leans on other income Other income was 188% 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 2026Sales ₹1 Cr +49.3% vs Jun 2025.
Net profit ₹0 Cr +0.0%.
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 COSYN Ltd?
COSYN Ltd (538922) has a market capitalisation of Rs 16.5 Cr. at the 2026-10-01 close.
What is the P/E ratio of COSYN Ltd?
COSYN Ltd trades at a P/E of 138 on trailing twelve-month profit, at the 2026-10-01 close.
What were COSYN Ltd's latest quarterly results?
In the Jun 2026 quarter, COSYN Ltd sales was Rs 1 Cr (+49.3% vs Jun 2025) and net profit was Rs 0 Cr.