MarketFriction

Inflame Appliances Ltd

BSE 541083 · Houseware
₹229.45 -0.67%
BSE close2026-10-01
Market cap₹175 Cr.
P/E30.2

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 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales61414253741434953537676
Expenses61616223533404448466766
Operating Profit-1-1-13283557910
OPM %-12%-9%-10%11%6%20%6%10%10%13%12%13%
Other Income000-00-2010000
Interest010111122223
Depreciation201111232234
Profit before tax-3-2-2004011344
Tax %-26%-25%-26%28%16%28%100%24%25%21%12%43%
Net Profit-2-1-2003011242
EPS in Rs-3.42-2.18-2.890.260.573.830.011.421.103.084.703.04
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales9551520407792106151
Expenses852192238678494132
Operating Profit13-4-221081219
OPM %6%6%-25%-10%3.8%13%9%11%13%
Other Income0110-0-1100
Interest001122345
Depreciation012222456
Profit before tax03-6-5-24248
Tax %23%-27%-26%-26%-25%27%31%22%28%
Net Profit04-4-3-23136
EPS in Rs0.506.07-7.10-5.60-2.484.411.434.187.74
Dividend Payout %0%8%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%50%25%43%
Compounded Profit Growth%30%8%84%
Stock Price CAGR%-4%-29%-17%
Return on Equity%7%6%10%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital466677777
Reserves662-2834404954
Borrowings1410191427384253
Other Liabilities81815151114193031
Total Liabilities193432383983104128145
Fixed Assets31312111013333538
CWIP1000113263
Investments000000000
Other Assets1620202727576988104
Total Assets193432383983104128145
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-480-3-5-24212
Cash from Investing Activity-5-100-3-1-24-11-7-7
Cash from Financing Activity101-0652684-5
Net Cash Flow1-1-00-001-10
Free Cash Flow-7-3-0-4-6-19-10-85
CFO/OP-698%256%-3%146%-301%-21%49%14%61%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days28563203238109108909168
Inventory Days1346921217282107155236216
Days Payable430111294249108738112689
Cash Conversion Cycle-112112116183143164201195
Working Capital Days14412-47025627810285
ROCE %24%-30%-17%-1%17%6%9%12%
Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters70.00%53.33%50.79%48.12%43.77%43.59%43.59%43.59%43.59%44.72%44.72%44.72%
FIIs0.00%0.00%0.00%0.00%0.00%1.12%3.41%5.07%5.53%5.31%5.32%0.19%
DIIs0.00%0.00%0.00%0.00%0.00%2.24%2.62%1.42%1.44%1.41%1.41%0.16%
Public30.00%46.67%49.21%51.88%56.24%53.05%50.39%49.91%49.42%48.56%48.56%54.92%
No. of Shareholders1933144916919111,0721,6861,9542,0451,8531,8381,923

Fundamentals

Market Cap₹ 175 Cr.
Current Price₹ 233
Stock P/E30.2
Book Value₹ 82.5
ROCE12.3 %
ROE9.79 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)43%
Compounded Profit Growth (TTM)84%
Standalone figures.
Valuation
Market capRs 172 Cr
Enterprise valueRs 210 Cr
P/E (TTM)54.91x
Price to book3.07x
Price to sales1.62x
EV / EBITDA16.61x
EV / EBIT26.79x
EV / sales1.98x
Price to cash flow103.54x
Earnings yield1.82%
P/E, 3-year average162.16x
P/B, 3-year average5.94x
P/E, 5-year average162.16x
P/B, 5-year average11.06x
Profitability
Operating margin (excl. other income)11.48%
Operating margin (incl. other income)11.91%
EBITDA margin11.91%
Pre-tax margin3.81%
Net profit margin2.96%
ROE6.08%
ROCE8.54%
ROA2.69%
ROE, 3-year average6.70%
ROCE, 3-year average9.50%
ROA, 3-year average3.05%
ROE, 5-year average-10.97%
ROCE, 5-year average1.97%
ROA, 5-year average-0.93%
ROIC (approx.)6.48%
Tax rate22.33%
Other income / net worth0.82%
Growth
Sales growth (latest year)14.52%
Profit growth (latest year)198.10%
Sales CAGR, 3 years38.82%
Sales CAGR, 5 years47.06%
Per share
EPS (TTM)Rs 4.18
EPS (latest year)Rs 4.18
EPS, 3-year averageRs 3.34
EPS, 5-year averageRs 0.39
Book value per shareRs 74.80
Sales per shareRs 141.32
Cash flow per shareRs 2.22
Free cash flow per shareRs 6.67
Efficiency
Asset turnover0.83x
Fixed asset turnover3.04x
Inventory turnover1.69x
Inventory days216 days
Debtor days91 days
Debtors turnover4.01x
Creditor days89 days
Cash conversion cycle195 days
Working capital days85 days
Leverage
Total debtRs 42 Cr
Cash and bankRs 4 Cr
Net debtRs 38 Cr
Debt to equity0.75x
Net debt / EBITDA2.98x
Interest coverage2.06x
Owners' fund to total sources43.69%
Debt to assets32.63%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs 4 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 5 Cr
FCFE (approx.: FCF + change in debt)Rs 9 Cr
Cash from ops / profit, 5 years1.00x
Sales to cash flow63.77x
Statement figures
Net sales (TTM)Rs 106 Cr
Net sales (latest year)Rs 106 Cr
Operating profit excl. other income (latest year)Rs 12 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 13 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Depreciation (TTM)Rs 5 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 75 Cr
Total expenditure (latest year)Rs 94 Cr
Total income (latest year)Rs 106 Cr
Share capitalRs 7 Cr
ReservesRs 49 Cr
Shareholders' fundsRs 56 Cr
Total assetsRs 128 Cr
Net blockRs 35 Cr
Capital work in progressRs 6 Cr
ReceivablesRs 26 Cr
InventoryRs 45 Cr
Other liabilitiesRs 30 Cr
Shares outstanding (crore)0.75
Ownership
Promoter holding44.72% (+1.13 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 54.9 is at the 32th percentile of its own 4.4-year range (median 103.2, low 17.5, high 399.5).
P/B 3.07 is at the 2th percentile (median 8.31).
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.
Period541083Nifty 50Difference
1 week+0.5%-2.8% +3.3 pts
1 month-3.4%-6.8% +3.4 pts
3 months+5.1%-7.6% +12.7 pts
3 years-64.5%+14.2% -78.7 pts
5 years-14.7%+27.9% -42.6 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was 45% of net profit over the last 3 years
lookInventory outrunning sales Inventory grew 57% vs sales +15% 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

Mar 2026
Sales ₹76 Cr +55.1% vs Mar 2024. Net profit ₹2 Cr +100.0%.

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 Inflame Appliances Ltd?

Inflame Appliances Ltd (541083) has a market capitalisation of Rs 175 Cr. at the 2026-10-01 close.

What is the P/E ratio of Inflame Appliances Ltd?

Inflame Appliances Ltd trades at a P/E of 30.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Inflame Appliances Ltd's latest quarterly results?

In the Mar 2026 quarter, Inflame Appliances Ltd sales was Rs 76 Cr (+55.1% vs Mar 2024) and net profit was Rs 2 Cr.

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