MarketFriction

Dalmia Industrial Development Ltd

BSE 539900 · Trading & Distributors
₹8.73 +4.30%
BSE close2026-10-01
Market cap₹19.2 Cr.
P/E240

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
Sales0.220.130.070.030.110.363.190.630.470.391.770.20
Expenses0.330.19-0.230.170.370.852.440.740.360.552.100.25
Operating Profit-0.11-0.060.30-0.14-0.26-0.490.75-0.110.11-0.16-0.33-0.05
OPM %-50.00%-46.15%428.57%-466.67%-236.36%-136.11%23.51%-17.46%23.40%-41.03%-18.64%-25.00%
Other Income0.020.020.040.060.060.060.090.080.080.050.900.05
Interest0.000.000.000.000.000.000.030.000.000.000.540.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax-0.09-0.040.34-0.08-0.20-0.430.81-0.030.19-0.110.030.00
Tax %0.00%0.00%2.94%0.00%0.00%0.00%1.23%0.00%0.00%0.00%100.00%
Net Profit-0.09-0.040.34-0.08-0.20-0.430.80-0.030.19-0.110.000.00
EPS in Rs-0.04-0.020.17-0.04-0.10-0.210.40-0.010.09-0.050.000.00
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales47.6723.1113.570.533.371.510.001.040.703.693.252.83
Expenses47.9923.2013.775.963.582.090.151.250.793.813.723.26
Operating Profit-0.32-0.09-0.20-5.43-0.21-0.58-0.15-0.21-0.09-0.12-0.47-0.43
OPM %-0.67%-0.39%-1.47%-1,024.53%-6.23%-38.41%-20.19%-12.86%-3.25%-14.46%-15.19%
Other Income0.450.170.115.650.260.610.090.260.110.261.111.08
Interest0.000.000.000.040.000.000.000.000.000.030.540.54
Depreciation0.010.010.000.000.000.000.000.000.000.000.000.00
Profit before tax0.120.07-0.090.180.050.03-0.060.050.020.110.100.11
Tax %33.33%28.57%0.00%27.78%20.00%33.33%0.00%20.00%0.00%9.09%30.00%
Net Profit0.080.05-0.090.130.040.02-0.060.040.020.100.060.08
EPS in Rs0.040.02-0.040.060.020.01-0.030.020.010.050.030.04
Dividend Payout %0.00%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 Growth-24%17%46%-34%
Compounded Profit Growth-3%25%14%-43%
Stock Price CAGR%%%8%
Return on Equity0%0%0%0%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital20.2520.2520.2520.2520.2520.2520.2520.2520.2520.2520.2520.25
Reserves0.140.230.280.190.320.360.380.320.360.380.480.55
Borrowings0.000.000.000.000.000.000.000.000.000.000.000.00
Other Liabilities1.412.790.043.000.573.685.196.708.0124.3618.8410.42
Total Liabilities21.8023.2720.5723.4421.1424.2925.8227.2728.6244.9939.5731.22
Fixed Assets0.020.010.010.010.000.000.000.000.000.000.000.00
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments4.056.230.9811.3713.4613.6415.6412.4313.6513.6512.578.15
Other Assets17.7317.0319.5812.067.6810.6510.1814.8414.9731.3427.0023.07
Total Assets21.8023.2720.5723.4421.1424.2925.8227.2728.6244.9939.5731.22
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-4.27-1.63-8.6110.891.72-0.431.98-3.181.491.68-0.74-7.15
Cash from Investing Activity4.400.468.71-10.82-1.870.18-2.003.21-1.220.000.826.05
Cash from Financing Activity0.000.000.000.000.000.000.000.000.000.00-0.03-0.54
Net Cash Flow0.13-1.170.100.07-0.15-0.25-0.020.030.261.680.04-1.64
Free Cash Flow-4.28-1.63-8.6210.891.72-0.431.98-3.181.491.68-0.74-7.15
CFO/OP700%509%9,433%-5,460%-32%205%-341%2,120%-710%-1,867%600%1,515%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days15.7323.2050.70118.08165.28330.34737.25456.25568.3681.11167.34
Inventory Days25.4627.88150.210.00250.9481.48188.621,807.113,335.10657.001,301.45
Days Payable9.3920.560.00410.62413.001,268.932,894.955,274.61787.18755.09
Cash Conversion Cycle31.7930.52200.91118.085.60-1.17-343.05-631.59-1,371.15-49.07713.70
Working Capital Days55.7055.51267.71126.154,683.02727.831,150.602,260.192,492.43534.151,352.18
ROCE %0.98%0.59%0.34%-0.44%1.07%0.24%0.15%-0.29%0.24%0.10%0.68%3.08%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters0.20%0.20%0.20%0.20%0.20%0.20%0.20%0.20%0.20%0.20%0.20%0.20%
Public99.80%99.80%99.80%99.80%99.80%99.80%99.80%99.82%99.81%99.81%99.80%99.80%
No. of Shareholders6326306296296286296281,0101,1111,2141,2591,357

Fundamentals

Market Cap₹ 19.2 Cr.
Current Price₹ 9.50
Stock P/E240
Book Value₹ 10.3
ROCE3.08 %
ROE0.29 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-34%
Compounded Profit Growth (TTM)-43%
Standalone figures.
Valuation
Market capRs 18 Cr
Enterprise valueRs 17 Cr
P/E (TTM)294.52x
Price to book0.85x
Price to sales6.24x
EV / EBITDA26.99x
EV / EBIT26.99x
EV / sales6.10x
Earnings yield0.34%
P/E, 3-year average640.83x
P/B, 3-year average1.03x
P/E, 5-year average605.23x
P/B, 5-year average1.04x
Profitability
Operating margin (excl. other income)-14.46%
Operating margin (incl. other income)19.69%
EBITDA margin22.61%
Pre-tax margin3.53%
Net profit margin2.12%
ROE0.29%
ROCE3.08%
ROA0.17%
ROE, 3-year average0.29%
ROCE, 3-year average1.29%
ROA, 3-year average0.15%
ROE, 5-year average0.15%
ROCE, 5-year average0.76%
ROA, 5-year average0.08%
ROIC (approx.)2.20%
Tax rate30.00%
Other income / net worth5.34%
Growth
Sales growth (latest year)-11.92%
Profit growth (latest year)-40.00%
Sales CAGR, 3 years46.20%
Sales CAGR, 5 years16.57%
Profit CAGR, 3 years14.47%
Profit CAGR, 5 years24.57%
Sales growth QoQ-88.70%
Sales growth YoY (latest quarter)-68.25%
Per share
EPS (TTM)Rs 0.03
EPS, 3-year averageRs 0.03
EPS, 5-year averageRs 0.01
Book value per shareRs 10.28
Sales per shareRs 1.40
Cash flow per shareRs -3.53
Free cash flow per shareRs -3.53
Efficiency
Asset turnover0.10x
Inventory turnover0.28x
Inventory days1301 days
Debtor days167 days
Debtors turnover2.18x
Creditor days755 days
Cash conversion cycle714 days
Working capital days1352 days
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Net debt / EBITDA-0.62x
Interest coverage1.19x
Owners' fund to total sources66.62%
Cash flow
Cash from Operating Activity (latest year)Rs -7 Cr
Cash from Investing Activity (latest year)Rs 6 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -7 Cr
Cash from ops / profit, 5 years-49.38x
Statement figures
Net sales (TTM)Rs 3 Cr
Net sales (latest year)Rs 3 Cr
Sales (latest quarter)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 0 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
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 3 Cr
Total expenditure (latest year)Rs 4 Cr
Total income (latest year)Rs 4 Cr
Share capitalRs 20 Cr
ReservesRs 1 Cr
Shareholders' fundsRs 21 Cr
Total assetsRs 31 Cr
InvestmentsRs 8 Cr
ReceivablesRs 1 Cr
InventoryRs 11 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)2.02
Ownership
Promoter holding0.20% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.85 is at the 21th percentile (median 0.97).
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.
Period539900Nifty 50Difference
1 week-0.8%-2.8% +2.0 pts
1 month-10.4%-6.8% -3.6 pts
3 months-13.3%-7.6% -5.7 pts
3 years-17.3%+14.2% -31.4 pts
5 years-17.3%+27.9% -45.1 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -3450% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 23% of total assets in 2026
explainReceivables outrunning sales Receivables grew 82% vs sales -12% in 2026
lookInventory outrunning sales Inventory grew 111% vs sales -12% in 2026
lookProfit leans on other income Other income was 1110% 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 ₹0 Cr -68.3% vs Jun 2025. Net profit ₹0 Cr.

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 Dalmia Industrial Development Ltd?

Dalmia Industrial Development Ltd (539900) has a market capitalisation of Rs 19.2 Cr. at the 2026-10-01 close.

What is the P/E ratio of Dalmia Industrial Development Ltd?

Dalmia Industrial Development Ltd trades at a P/E of 240 on trailing twelve-month profit, at the 2026-10-01 close.

What were Dalmia Industrial Development Ltd's latest quarterly results?

In the Jun 2026 quarter, Dalmia Industrial Development Ltd sales was Rs 0 Cr (-68.3% vs Jun 2025) 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