Price
Financials
Standalone, Rs crore| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 20.10 | 0.00 | 10.63 |
| Expenses | 0.16 | 0.07 | 0.08 | 0.07 | 0.09 | 0.05 | 0.08 | 0.09 | 0.08 | 10.69 | 0.04 | 20.14 |
| Operating Profit | -0.16 | -0.07 | -0.08 | -0.07 | -0.09 | -0.05 | -0.08 | -0.09 | -0.08 | 9.41 | -0.04 | -9.51 |
| OPM % | 46.82% | -89.46% | ||||||||||
| Other Income | 0.13 | 0.14 | 0.13 | 0.05 | 0.03 | 0.03 | 0.01 | 0.17 | 0.15 | 0.15 | 0.00 | 0.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.15 | 0.20 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -0.04 | 0.06 | 0.04 | -0.03 | -0.07 | -0.03 | -0.08 | 0.05 | 0.05 | 9.56 | -0.19 | -9.70 |
| Tax % | 0.00% | 0.00% | 0.00% | 33.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -0.04 | 0.06 | 0.04 | -0.04 | -0.07 | -0.03 | -0.08 | 0.05 | 0.05 | 9.56 | -0.19 | -9.70 |
| EPS in Rs | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.00 | 0.28 | -0.01 | -0.28 |
| Mar 2017 9m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.50 | 0.00 | 0.00 | 0.00 | 30.73 |
| Expenses | 0.00 | 0.02 | 0.40 | 0.48 | 0.37 | 0.96 | 0.49 | 0.36 | 0.33 | 30.96 |
| Operating Profit | 0.00 | -0.02 | -0.37 | -0.48 | -0.37 | -0.46 | -0.49 | -0.36 | -0.33 | -0.23 |
| OPM % | -1,233.33% | -92.00% | -0.75% | |||||||
| Other Income | 0.00 | 0.07 | 0.70 | 0.77 | 0.67 | 0.63 | -31.73 | 0.45 | 0.25 | 0.31 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.44 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.03 | 0.05 | 0.05 | 0.05 | 0.01 |
| Profit before tax | 0.00 | 0.05 | 0.33 | 0.28 | 0.27 | 0.13 | -32.28 | 0.03 | -0.14 | -0.37 |
| Tax % | 20.00% | 24.24% | 25.00% | 25.93% | 23.08% | 0.00% | 33.33% | 0.00% | 0.00% | |
| Net Profit | 0.00 | 0.04 | 0.24 | 0.21 | 0.20 | 0.10 | -32.28 | 0.02 | -0.13 | -0.37 |
| EPS in Rs | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | -0.93 | 0.00 | -0.00 | -0.01 | |
| Dividend Payout % | 0.00% | 0.00% | 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 | % | % | % | % | ||
| Compounded Profit Growth | % | % | % | -147% | ||
| Stock Price CAGR | % | 0% | 0% | -10% | ||
| Return on Equity | % | 0% | -2% | -4% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 |
| Reserves | 0.00 | 21.98 | 25.29 | 30.02 | 28.59 | 31.19 | -25.63 | -25.61 | -25.73 | -26.10 |
| Borrowings | 0.00 | 0.02 | 0.01 | 0.37 | 0.46 | 0.25 | 0.11 | 0.04 | 1.14 | 21.21 |
| Other Liabilities | 0.00 | 0.02 | 0.24 | 0.31 | 0.17 | 0.22 | 0.10 | 0.06 | 0.02 | 0.07 |
| Total Liabilities | 0.00 | 56.63 | 60.15 | 65.31 | 63.83 | 66.27 | 9.19 | 9.10 | 10.04 | 29.79 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.12 | 0.11 | 0.30 | 0.25 | 0.66 | 0.45 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.56 | 0.57 | 0.57 | 0.57 | 0.57 | 0.50 | 0.50 | 0.50 | 29.11 |
| Other Assets | 0.00 | 56.07 | 59.58 | 64.62 | 63.15 | 65.40 | 8.44 | 7.94 | 9.09 | 0.68 |
| Total Assets | 0.00 | 56.63 | 60.15 | 65.31 | 63.83 | 66.27 | 9.19 | 9.10 | 10.04 | 29.79 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.00 | -56.07 | -3.76 | -5.49 | 0.89 | -2.69 | 24.28 | -0.09 | -1.43 | -9.67 |
| Cash from Investing Activity | 0.00 | -0.49 | 0.70 | 0.64 | 0.66 | 0.40 | 0.64 | 0.00 | 0.64 | 10.03 |
| Cash from Financing Activity | 0.00 | 56.57 | 3.07 | 4.85 | -1.55 | 2.28 | -24.67 | -0.05 | 1.13 | 0.08 |
| Net Cash Flow | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | -0.01 | 0.25 | -0.14 | 0.34 | 0.44 |
| Free Cash Flow | 0.00 | -56.07 | -3.76 | -5.61 | 0.89 | -2.91 | 24.28 | -0.54 | -1.02 | -9.67 |
| CFO/OP | 280,300% | 995% | 1,129% | -259% | 578% | -4,955% | 28% | 433% | 4,204% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 243.33 | 0.00 | 0.00 | |||||||
| Inventory Days | 0.00 | 0.00 | ||||||||
| Days Payable | ||||||||||
| Cash Conversion Cycle | 243.33 | 0.00 | 0.00 | |||||||
| Working Capital Days | 4,136.67 | 65.70 | 0.83 | |||||||
| ROCE % | 0.18% | 0.57% | 0.45% | 0.44% | 0.22% | 0.05% | 0.44% | -1.57% | 0.35% |
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 22.99% | 0.00% | 0.00% | 0.00% |
| Public | 77.01% | 77.01% | 77.02% | 77.00% | 77.02% | 77.00% | 76.99% | 77.01% | 76.99% | 100.00% | 100.00% | 99.99% |
| No. of Shareholders | 12,250 | 12,681 | 12,553 | 13,489 | 13,485 | 13,568 | 13,991 | 14,116 | 14,134 | 14,213 | 15,754 | 18,249 |
Fundamentals
Market Cap₹ 6.23 Cr.
Current Price₹ 0.18
Book Value₹ 0.25
ROCE0.35 %
ROE-4.26 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)-147%
Standalone figures.
Valuation
Market capRs 6 Cr
Enterprise valueRs 27 Cr
Price to book0.73x
Price to sales0.20x
EV / EBITDA158.24x
EV / EBIT168.12x
EV / sales0.88x
Earnings yield-4.49%
P/E, 3-year average32.88x
P/B, 3-year average0.07x
P/E, 5-year average21.28x
P/B, 5-year average0.05x
Profitability
Operating margin (excl. other income)-0.75%
Operating margin (incl. other income)0.26%
EBITDA margin0.55%
Pre-tax margin-0.91%
Net profit margin-0.91%
Net margin, latest quarter-91.25%
ROE-4.26%
ROCE0.35%
ROA-1.86%
ROE, 3-year average-1.83%
ROCE, 3-year average-0.19%
ROA, 3-year average-1.00%
ROE, 5-year average-18.33%
ROCE, 5-year average-17.25%
ROA, 5-year average-17.68%
ROIC (approx.)0.55%
Other income / net worth3.64%
Growth
Profit growth YoY (latest quarter)-19500.00%
Per share
EPS (TTM)Rs -0.01
EPS (latest quarter)Rs -0.28
EPS, 3-year averageRs -0.02
EPS, 5-year averageRs -2.33
Book value per shareRs 0.25
Sales per shareRs 0.89
Cash flow per shareRs -0.28
Free cash flow per shareRs -0.28
Efficiency
Asset turnover1.03x
Cash conversion cycle0 days
Working capital days1 days
Leverage
Total debtRs 21 Cr
Cash and bankRs 1 Cr
Net debtRs 21 Cr
Debt to equity2.49x
Net debt / EBITDA121.59x
Interest coverage0.36x
Owners' fund to total sources28.57%
Debt to assets71.20%
Cash flow
Cash from Operating Activity (latest year)Rs -10 Cr
Cash from Investing Activity (latest year)Rs 10 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -10 Cr
FCFE (approx.: FCF + change in debt)Rs 10 Cr
Statement figures
Net sales (TTM)Rs 31 Cr
Net sales (latest year)Rs 31 Cr
Sales (latest quarter)Rs 11 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Operating profit (latest quarter)Rs -10 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs -0 Cr
Profit before tax (TTM)Rs -0 Cr
Net profit (TTM)Rs -0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs -10 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 31 Cr
Total expenditure (latest year)Rs 31 Cr
Total income (latest year)Rs 31 Cr
Share capitalRs 35 Cr
ReservesRs -26 Cr
Shareholders' fundsRs 9 Cr
Total assetsRs 30 Cr
InvestmentsRs 29 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)34.61
Ownership
Promoter holding0.00% (-22.99 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.73 is at the 70th percentile (median 0.15).
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 | 541890 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.0% | -2.8% | +2.8 pts |
| 1 month | +0.0% | -6.8% | +6.8 pts |
| 3 months | +0.0% | -7.6% | +7.6 pts |
| 3 years | +0.0% | +14.2% | -14.2 pts |
| 5 years | -5.3% | +27.9% | -33.2 pts |
Red flags
F-score 2 of 6| explain | High accruals Profit exceeded operating cash by 31% of total assets in 2026 |
| explain | Debt up, profit down Borrowings up 1761% while net profit fell in 2026 |
| look | Repeated losses Net loss in each of the last two years |
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 2026Sales ₹11 Cr.
Net loss ₹10 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 Space Incubatrics Technologies Ltd?
Space Incubatrics Technologies Ltd (541890) has a market capitalisation of Rs 6.23 Cr. at the 2026-10-01 close.
What were Space Incubatrics Technologies Ltd's latest quarterly results?
In the Mar 2026 quarter, Space Incubatrics Technologies Ltd sales was Rs 11 Cr with a net loss of Rs 10 Cr.