MarketFriction

Associated Coaters Ltd

BSE 544183 · Other Industrial Products
₹109.95 +16.97%
BSE close2026-10-01
Market cap₹12.7 Cr.
P/E11.0

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 2024Mar 2025Sep 2025Mar 2026
Sales2.213.743.105.16
Expenses1.622.642.394.25
Operating Profit0.591.100.710.91
OPM %26.70%29.41%22.90%17.64%
Other Income0.010.010.050.06
Interest0.010.000.000.00
Depreciation0.070.190.110.12
Profit before tax0.520.920.650.85
Tax %21.15%23.91%26.15%28.24%
Net Profit0.400.690.480.61
EPS in Rs2.965.103.554.51
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales0.000.001.393.595.385.968.26
Expenses0.000.001.172.763.874.256.63
Operating Profit0.000.000.220.831.511.711.63
OPM %15.83%23.12%28.07%28.69%19.73%
Other Income0.000.000.000.000.000.000.10
Interest0.000.000.000.010.010.010.00
Depreciation0.000.000.040.080.150.260.23
Profit before tax0.000.000.180.741.351.441.50
Tax %27.78%25.68%25.19%25.69%22.67%
Net Profit0.000.000.140.551.011.061.15
EPS in Rs0.000.0046.67183.3310.867.848.51
Dividend Payout %0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%32%39%
Compounded Profit Growth%%28%8%
Stock Price CAGR%%%-18%
Return on Equity%30%25%16%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.030.030.030.030.931.351.35
Reserves0.00-0.010.130.680.735.436.47
Borrowings0.000.000.100.660.350.100.10
Other Liabilities0.000.011.761.592.512.462.50
Total Liabilities0.030.032.022.964.529.3410.42
Fixed Assets0.000.000.520.480.852.152.63
CWIP0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.001.64
Other Assets0.030.031.502.483.677.196.15
Total Assets0.030.032.022.964.529.3410.42
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.000.520.630.80-0.091.29
Cash from Investing Activity0.00-0.56-0.03-0.54-1.56-2.36
Cash from Financing Activity0.000.10-0.01-0.373.80-0.10
Net Cash Flow0.000.050.59-0.112.14-1.17
Free Cash Flow0.00-0.040.600.28-1.650.57
CFO/OP236%82%66%18%101%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days357.12153.52171.64224.76167.92
Inventory Days10.538.1626.5552.7431.20
Days Payable343.94207.99213.69209.56128.69
Cash Conversion Cycle23.71-46.31-15.5067.9370.43
Working Capital Days-86.6522.3740.03122.4891.47
ROCE %0.00%128.57%92.02%80.47%32.62%20.27%
Jun 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters68.79%68.79%68.79%68.79%68.79%
Public31.21%31.22%31.22%31.20%31.20%
No. of Shareholders365113354354309

Fundamentals

Market Cap₹ 12.7 Cr.
Current Price₹ 94.0
Stock P/E11.0
Book Value₹ 57.8
ROCE20.3 %
ROE15.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)39%
Compounded Profit Growth (TTM)8%
Standalone figures.
Valuation
Market capRs 15 Cr
Enterprise valueRs 15 Cr
P/E (TTM)27.03x
Price to book20.94x
Price to sales4.14x
EV / EBITDA17.90x
EV / EBIT19.81x
EV / sales4.14x
Price to cash flow23.60x
Earnings yield3.70%
Profitability
Operating margin (excl. other income)23.12%
Operating margin (incl. other income)23.12%
EBITDA margin23.12%
Pre-tax margin20.61%
Net profit margin15.32%
ROE126.44%
ROCE92.02%
ROA22.09%
ROIC (approx.)79.63%
Tax rate25.68%
Growth
Sales growth (latest year)158.27%
Profit growth (latest year)292.86%
Per share
EPS (TTM)Rs 4.07
EPS (latest year)Rs 183.33
Book value per shareRs 5.25
Sales per shareRs 26.55
Cash flow per shareRs 4.66
Free cash flow per shareRs 4.22
Efficiency
Asset turnover1.21x
Fixed asset turnover7.48x
Inventory turnover61.00x
Inventory days6 days
Debtor days154 days
Debtors turnover2.38x
Creditor days129 days
Cash conversion cycle70 days
Working capital days91 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 1 Cr
Net debtRs -0 Cr
Debt to equity0.93x
Net debt / EBITDA-0.01x
Interest coverage75.00x
Owners' fund to total sources23.99%
Debt to assets22.30%
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 -0 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years0.81x
Sales to cash flow5.70x
Statement figures
Net sales (TTM)Rs 4 Cr
Net sales (latest year)Rs 4 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 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (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 4 Cr
Share capitalRs 0 Cr
ReservesRs 1 Cr
Shareholders' fundsRs 1 Cr
Total assetsRs 3 Cr
Net blockRs 0 Cr
ReceivablesRs 2 Cr
InventoryRs 0 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)0.14
Ownership
Promoter holding68.79% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Period544183Nifty 50Difference
1 week+9.4%-2.8% +12.2 pts
1 month+27.8%-6.8% +34.6 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
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

No quarterly results published.

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 Associated Coaters Ltd?

Associated Coaters Ltd (544183) has a market capitalisation of Rs 12.7 Cr. at the 2026-10-01 close.

What is the P/E ratio of Associated Coaters Ltd?

Associated Coaters Ltd trades at a P/E of 11.0 on trailing twelve-month profit, at the 2026-10-01 close.

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