MarketFriction

Billwin Industries Ltd

BSE 543209 · Diversified
₹44.23 +4.98%
BSE close2026-10-01
Market cap₹16.8 Cr.
P/E35.7

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
Sales-1.794.632.811.581.683.143.311.602.834.204.084.01
Expenses-1.994.422.501.261.022.402.391.162.123.763.573.65
Operating Profit0.200.210.310.320.660.740.920.440.710.440.510.36
OPM %4.54%11.03%20.25%39.29%23.57%27.79%27.50%25.09%10.48%12.50%8.98%
Other Income0.000.000.000.000.000.000.000.05-0.100.050.000.00
Interest0.030.300.150.180.190.200.160.200.100.020.060.09
Depreciation0.010.000.010.000.000.000.000.000.000.010.020.03
Profit before tax0.16-0.090.150.140.470.540.760.290.510.460.430.24
Tax %25.00%-22.22%26.67%28.57%25.53%27.78%25.00%24.14%25.49%34.78%25.58%41.67%
Net Profit0.12-0.070.120.100.350.400.560.220.380.300.320.14
EPS in Rs0.28-0.160.280.230.810.931.300.510.910.720.770.33
Mar 2015 11mMar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales0.000.040.611.162.854.394.824.917.038.08
Expenses0.000.040.470.942.433.743.423.555.897.21
Operating Profit0.000.000.140.220.420.651.401.361.140.87
OPM %0.00%22.95%18.97%14.74%14.81%29.05%27.70%16.22%10.77%
Other Income0.000.000.000.000.000.000.000.05-0.040.00
Interest0.000.000.000.030.330.340.390.360.120.15
Depreciation0.000.000.000.000.010.010.010.000.010.05
Profit before tax0.000.000.140.190.080.301.001.050.970.67
Tax %28.57%26.32%25.00%26.67%26.00%24.76%29.90%31.34%
Net Profit0.000.000.100.140.060.220.740.780.680.47
EPS in Rs10.000.480.140.511.721.811.631.12
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth70%23%19%15%
Compounded Profit Growth%51%-14%-36%
Stock Price CAGR%25%4%34%
Return on Equity%7%6%3%
Mar 2015Mar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.010.010.061.462.132.132.132.134.184.18
Reserves0.000.000.131.432.612.833.574.359.9510.42
Borrowings0.000.010.013.974.374.234.534.400.291.54
Other Liabilities0.000.030.141.121.371.111.722.111.852.45
Total Liabilities0.010.050.347.9810.4810.3011.9512.9916.2718.59
Fixed Assets0.000.000.000.050.040.030.020.020.110.19
CWIP0.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.110.110.130.150.040.120.12
Other Assets0.010.050.347.8210.3310.1411.7812.9316.0418.28
Total Assets0.010.050.347.9810.4810.3011.9512.9916.2718.59
Mar 2015Mar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.000.000.11-4.11-1.601.25-0.110.63-2.54-0.99
Cash from Investing Activity0.000.00-0.02-0.16-0.25-0.06-0.030.09-0.21-0.13
Cash from Financing Activity0.000.00-0.094.271.85-1.200.17-0.70-1.455.29
Net Cash Flow0.000.000.000.000.000.000.030.01-4.214.17
Free Cash Flow0.000.000.11-4.16-1.601.25-0.110.63-2.64-1.12
CFO/OP79%-1,868%-381%195%-1%46%-214%-34%
Mar 2015Mar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.00185.491,982.33681.33338.39418.77462.38465.73357.32
Inventory Days0.00655.94878.28576.25656.74652.90417.36575.58
Days Payable502.54189.3478.63107.28168.6562.98136.37
Cash Conversion Cycle0.00185.492,135.731,370.27836.01968.23946.64820.10796.52
Working Capital Days-273.75101.721,403.36824.77478.08530.84559.77701.44627.91
ROCE %0.00%6.23%5.13%6.99%14.32%13.36%9.09%5.37%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters54.81%54.81%54.81%39.28%39.28%39.28%39.71%40.21%40.42%40.42%40.42%40.57%
FIIs0.00%0.00%0.00%0.00%1.94%0.65%0.36%0.36%0.00%0.00%0.00%0.00%
Public45.19%45.19%45.19%60.72%58.77%60.07%59.92%59.42%59.57%59.57%59.57%59.43%
No. of Shareholders121122136242268276263266263259258252

Fundamentals

Market Cap₹ 16.8 Cr.
Current Price₹ 40.1
Stock P/E35.7
Book Value₹ 34.9
ROCE5.37 %
ROE3.27 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)-36%
Standalone figures.
Valuation
Market capRs 18 Cr
Enterprise valueRs 20 Cr
P/E (TTM)39.33x
Price to book1.27x
Price to sales2.29x
EV / EBITDA23.01x
EV / EBIT24.41x
EV / sales2.48x
Earnings yield2.54%
P/E, 3-year average17.37x
P/B, 3-year average0.96x
P/E, 5-year average15.49x
P/B, 5-year average0.93x
Profitability
Operating margin (excl. other income)10.77%
Operating margin (incl. other income)10.77%
EBITDA margin10.77%
Pre-tax margin8.29%
Net profit margin5.82%
ROE3.27%
ROCE5.37%
ROA2.70%
ROE, 3-year average7.56%
ROCE, 3-year average9.11%
ROA, 3-year average4.53%
ROE, 5-year average8.22%
ROCE, 5-year average9.73%
ROA, 5-year average4.47%
ROIC (approx.)3.49%
Tax rate31.34%
Growth
Sales growth (latest year)14.94%
Profit growth (latest year)-30.88%
Sales CAGR, 3 years18.79%
Sales CAGR, 5 years23.17%
Profit CAGR, 3 years-14.04%
Profit CAGR, 5 years50.93%
Per share
EPS (TTM)Rs 1.12
EPS (latest year)Rs 1.12
EPS, 3-year averageRs 2.14
EPS, 5-year averageRs 2.18
Book value per shareRs 34.93
Sales per shareRs 19.33
Cash flow per shareRs -2.37
Free cash flow per shareRs -2.68
Efficiency
Asset turnover0.43x
Fixed asset turnover42.53x
Inventory turnover0.63x
Inventory days576 days
Debtor days357 days
Debtors turnover1.02x
Creditor days136 days
Cash conversion cycle797 days
Working capital days628 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 0 Cr
Net debtRs 2 Cr
Debt to equity0.11x
Net debt / EBITDA1.76x
Interest coverage5.47x
Owners' fund to total sources78.54%
Debt to assets8.28%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 5 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years-0.61x
Statement figures
Net sales (TTM)Rs 8 Cr
Net sales (latest year)Rs 8 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 5 Cr
Total expenditure (latest year)Rs 7 Cr
Total income (latest year)Rs 8 Cr
Share capitalRs 4 Cr
ReservesRs 10 Cr
Shareholders' fundsRs 15 Cr
Total assetsRs 19 Cr
Net blockRs 0 Cr
InvestmentsRs 0 Cr
ReceivablesRs 8 Cr
InventoryRs 9 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)0.42
Ownership
Promoter holding40.57% (+0.36 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 39.3 is at the 59th percentile of its own 6.3-year range (median 28.6, low 14.2, high 133.2).
P/B 1.27 is at the 34th percentile (median 2.21).
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.
Period543209Nifty 50Difference
1 week+27.3%-2.8% +30.1 pts
1 month+101.0%-6.8% +107.8 pts
3 years+30.9%+14.2% +16.8 pts
5 years+251.0%+27.9% +223.1 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was -150% of net profit over the last 3 years
explainDebt up, profit down Borrowings up 431% while net profit fell in 2026
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 ₹4 Cr +150.6% vs Mar 2024. Net profit ₹0 Cr -36.4%.

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 Billwin Industries Ltd?

Billwin Industries Ltd (543209) has a market capitalisation of Rs 16.8 Cr. at the 2026-10-01 close.

What is the P/E ratio of Billwin Industries Ltd?

Billwin Industries Ltd trades at a P/E of 35.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Billwin Industries Ltd's latest quarterly results?

In the Mar 2026 quarter, Billwin Industries Ltd sales was Rs 4 Cr (+150.6% vs Mar 2024) 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