MarketFriction

Darjeeling Industriies Ltd

BSE 539770 · Other Financial Services
₹25.99 +2.81%
BSE close2026-10-01
Market cap₹21.2 Cr.
P/E9.78

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
Sales0.000.000.000.910.000.000.000.001.802.550.751.46
Expenses0.010.000.020.490.100.050.510.150.771.110.561.06
Operating Profit-0.010.00-0.020.42-0.10-0.05-0.51-0.151.031.440.190.40
OPM %46.15%57.22%56.47%25.33%27.40%
Other Income0.000.000.000.000.000.000.000.000.000.000.010.00
Interest0.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.000.000.000.000.000.000.010.030.030.040.040.00
Profit before tax-0.010.00-0.020.42-0.10-0.05-0.52-0.181.001.400.160.40
Tax %0.00%0.00%26.19%0.00%0.00%-19.23%0.00%25.00%25.00%56.25%25.00%
Net Profit-0.010.00-0.020.31-0.10-0.05-0.42-0.170.751.050.070.30
EPS in Rs-0.030.00-0.071.02-0.33-0.16-1.38-0.562.462.160.090.38
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1.390.470.984.890.280.260.000.000.000.914.466.56
Expenses1.520.110.314.470.290.070.090.070.041.062.593.50
Operating Profit-0.130.360.670.42-0.010.19-0.09-0.07-0.04-0.151.873.06
OPM %-9.35%76.60%68.37%8.59%-3.57%73.08%-16.48%41.93%46.65%
Other Income0.000.010.040.830.000.000.280.070.000.000.650.01
Interest0.000.000.020.020.000.180.140.000.000.100.000.00
Depreciation0.000.000.000.000.020.020.020.000.000.010.130.11
Profit before tax-0.130.370.691.23-0.03-0.010.030.00-0.04-0.262.392.96
Tax %0.00%18.92%21.74%28.46%0.00%0.00%0.00%0.00%3.85%29.29%
Net Profit-0.130.300.540.88-0.03-0.010.040.00-0.04-0.271.702.17
EPS in Rs-0.430.981.772.89-0.10-0.030.130.00-0.13-0.892.165.09
Dividend Payout %0.00%0.00%0.00%8.66%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%77%%390%
Compounded Profit Growth31%180%%393%
Stock Price CAGR%42%101%-58%
Return on Equity6%5%7%17%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3.053.053.053.053.053.053.053.053.053.053.057.86
Reserves0.360.220.511.061.841.811.811.841.841.981.737.62
Borrowings0.000.000.000.170.641.821.621.570.184.181.260.00
Other Liabilities1.030.000.660.165.310.560.560.460.350.186.246.52
Total Liabilities4.443.274.224.4410.847.247.046.925.429.3912.2822.00
Fixed Assets0.000.000.260.260.050.040.020.000.000.000.561.34
CWIP0.000.000.000.000.000.000.000.000.000.000.000.26
Investments0.580.651.050.320.000.000.000.000.000.000.005.42
Other Assets3.862.622.913.8610.797.207.026.925.429.3911.7214.98
Total Assets4.443.274.224.4410.847.247.046.925.429.3912.2822.00
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-1.67-0.560.201.68-0.320.70-0.19-0.32-0.18-4.5012.10-5.29
Cash from Investing Activity-0.38-0.06-0.461.590.530.000.000.000.00-0.49-7.85-3.51
Cash from Financing Activity2.84-0.110.35-3.09-0.43-0.790.260.321.184.00-2.927.74
Net Cash Flow0.79-0.720.090.17-0.23-0.090.070.001.00-0.991.32-1.06
Free Cash Flow-1.67-0.560.201.68-0.370.70-0.19-0.32-0.18-4.5011.53-6.45
CFO/OP-3,320%408%75%270%-10%-7,100%-89%344%243%11,700%-8,060%-283%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days840.96105.04372.7737.24410.53104.29112.310.00354.36
Inventory Days0.000.000.00231.46179.34
Days Payable0.00173.01
Cash Conversion Cycle840.96105.04372.7737.24410.53104.29112.31231.46360.69
Working Capital Days592.76666.981,623.091,303.57395.603,363.215,699.62-2,045.60268.43
ROCE %1.05%-3.89%10.83%18.11%25.48%-0.49%2.58%2.63%0.00%-0.56%-2.10%22.21%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters8.29%8.29%8.29%8.29%8.29%8.29%8.29%8.29%8.29%5.21%3.22%3.22%
FIIs0.00%0.00%0.00%0.00%3.28%3.28%2.62%2.62%1.31%0.82%0.49%0.00%
Public91.71%91.71%91.71%91.71%88.44%88.42%89.10%89.09%90.40%93.96%96.29%96.79%
No. of Shareholders3,0743,0743,1203,1222,9752,9633,0042,9962,9452,8752,8242,892

Fundamentals

Market Cap₹ 21.2 Cr.
Current Price₹ 27.0
Stock P/E9.78
Book Value₹ 19.7
ROCE22.2 %
ROE16.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)390%
Compounded Profit Growth (TTM)393%
Standalone figures.
Valuation
Market capRs 20 Cr
Enterprise valueRs 20 Cr
P/E (TTM)9.42x
Price to book1.32x
Price to sales3.11x
EV / EBITDA6.49x
EV / EBIT6.77x
EV / sales3.06x
Earnings yield10.62%
P/E, 3-year average14.36x
P/B, 3-year average1.26x
P/E, 5-year average21.86x
P/B, 5-year average0.85x
Profitability
Operating margin (excl. other income)41.93%
Operating margin (incl. other income)56.50%
EBITDA margin47.10%
Pre-tax margin45.12%
Net profit margin33.08%
Net margin, latest quarter20.55%
ROE16.78%
ROCE22.21%
ROA9.92%
ROE, 3-year average3.49%
ROCE, 3-year average6.52%
ROA, 3-year average2.30%
ROE, 5-year average2.82%
ROCE, 5-year average5.55%
ROA, 5-year average1.86%
ROIC (approx.)13.86%
Tax rate29.29%
Other income / net worth4.20%
Growth
Sales growth (latest year)390.11%
Sales CAGR, 5 years76.55%
Sales growth QoQ94.67%
Profit growth QoQ328.57%
Per share
EPS (TTM)Rs 2.76
EPS (latest year)Rs 2.16
EPS (latest quarter)Rs 0.38
EPS, 3-year averageRs 0.38
EPS, 5-year averageRs 0.32
Book value per shareRs 19.69
Sales per shareRs 8.34
Cash flow per shareRs -6.73
Free cash flow per shareRs -8.20
Efficiency
Asset turnover0.20x
Fixed asset turnover3.33x
Inventory turnover2.04x
Inventory days179 days
Debtor days354 days
Debtors turnover1.03x
Creditor days173 days
Cash conversion cycle361 days
Working capital days268 days
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Net debt / EBITDA-0.12x
Owners' fund to total sources70.36%
Cash flow
Cash from Operating Activity (latest year)Rs -5 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs 8 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -6 Cr
Cash from ops / profit, 5 years1.27x
Statement figures
Net sales (TTM)Rs 7 Cr
Net sales (latest year)Rs 4 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 3 Cr
Total income (latest year)Rs 5 Cr
Share capitalRs 8 Cr
ReservesRs 8 Cr
Shareholders' fundsRs 15 Cr
Total assetsRs 22 Cr
Net blockRs 1 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 5 Cr
ReceivablesRs 4 Cr
InventoryRs 1 Cr
Other liabilitiesRs 7 Cr
Shares outstanding (crore)0.79
Ownership
Promoter holding3.22% (-5.07 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 9.4 is at the 6th percentile of its own 6.0-year range (median 74.5, low 3.5, high 378.7).
P/B 1.32 is at the 50th percentile (median 1.28).
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.
Period539770Nifty 50Difference
1 week-4.7%-2.8% -1.9 pts
1 month-6.5%-6.8% +0.2 pts
3 months-27.8%-7.6% -20.2 pts
3 years+673.5%+14.2% +659.3 pts
5 years+432.6%+27.9% +404.7 pts

Red flags

F-score 5 of 8
explainHigh accruals Profit exceeded operating cash by 32% of total assets in 2026
explainShare dilution Share count up 163% in a year, 163% in three
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 ₹1 Cr. Net profit ₹0 Cr +276.5%.

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 Darjeeling Industriies Ltd?

Darjeeling Industriies Ltd (539770) has a market capitalisation of Rs 21.2 Cr. at the 2026-10-01 close.

What is the P/E ratio of Darjeeling Industriies Ltd?

Darjeeling Industriies Ltd trades at a P/E of 9.78 on trailing twelve-month profit, at the 2026-10-01 close.

What were Darjeeling Industriies Ltd's latest quarterly results?

In the Jun 2026 quarter, Darjeeling Industriies Ltd sales was Rs 1 Cr and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03