Price
Financials
Standalone, Rs crore| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 106 | 167 | 140 | 161 |
| Expenses | 90 | 147 | 120 | 148 |
| Operating Profit | 16 | 21 | 19 | 13 |
| OPM % | 15% | 12% | 14% | 8% |
| Other Income | 0 | 1 | 0 | 1 |
| Interest | 7 | 9 | 8 | 7 |
| Depreciation | 1 | 2 | 2 | 2 |
| Profit before tax | 8 | 11 | 10 | 5 |
| Tax % | 34% | 20% | 28% | 26% |
| Net Profit | 5 | 9 | 7 | 3 |
| EPS in Rs | 9.80 | 7.85 | 4.97 | 2.45 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 79 | 101 | 156 | 218 | 273 | 301 |
| Expenses | 71 | 92 | 139 | 192 | 235 | 267 |
| Operating Profit | 7 | 9 | 17 | 27 | 38 | 34 |
| OPM % | 9% | 9% | 11% | 12% | 14% | 11% |
| Other Income | 0 | 1 | 0 | 0 | 1 | 1 |
| Interest | 5 | 5 | 9 | 12 | 16 | 17 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 4 |
| Profit before tax | 1 | 3 | 7 | 13 | 19 | 15 |
| Tax % | 19% | 24% | 25% | 26% | 26% | 28% |
| Net Profit | 1 | 2 | 5 | 9 | 14 | 11 |
| EPS in Rs | 2.16 | 4.10 | 10.23 | 17.49 | 12.75 | 7.43 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 31% | 25% | 10% | ||
| Compounded Profit Growth | % | 58% | 27% | -26% | ||
| Stock Price CAGR | % | % | % | -35% | ||
| Return on Equity | % | 18% | 19% | 12% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 11 | 14 |
| Reserves | 17 | 19 | 24 | 38 | 49 | 101 |
| Borrowings | 38 | 41 | 49 | 60 | 72 | 55 |
| Other Liabilities | 26 | 35 | 66 | 73 | 100 | 87 |
| Total Liabilities | 87 | 100 | 144 | 176 | 233 | 257 |
| Fixed Assets | 15 | 16 | 18 | 27 | 36 | 38 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 23 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 72 | 84 | 126 | 150 | 197 | 195 |
| Total Assets | 87 | 100 | 144 | 176 | 233 | 257 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -5 | 3 | 13 | 6 | 9 | 23 |
| Cash from Investing Activity | -2 | -2 | -5 | -16 | -11 | -39 |
| Cash from Financing Activity | 7 | -1 | -0 | 6 | 1 | 12 |
| Net Cash Flow | 0 | -1 | 8 | -4 | -0 | -3 |
| Free Cash Flow | -7 | 0 | 9 | -4 | -3 | -10 |
| CFO/OP | -61% | 37% | 87% | 32% | 30% | 80% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 117 | 93 | 51 | 78 | 81 | 61 |
| Inventory Days | 268 | 240 | 272 | 187 | 217 | 183 |
| Days Payable | 177 | 163 | 211 | 153 | 137 | 127 |
| Cash Conversion Cycle | 207 | 169 | 112 | 113 | 161 | 117 |
| Working Capital Days | 113 | 90 | 40 | 33 | 33 | 51 |
| ROCE % | 13% | 22% | 27% | 30% | 21% |
| Sep 2025 | Mar 2026 | |
|---|---|---|
| Promoters | 51.78% | 51.78% |
| FIIs | 2.75% | 1.55% |
| DIIs | 4.27% | 4.01% |
| Public | 41.20% | 42.67% |
| No. of Shareholders | 720 | 566 |
Fundamentals
Market Cap₹ 168 Cr.
Current Price₹ 119
Stock P/E16.0
Book Value₹ 81.4
ROCE20.6 %
ROE12.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)-26%
Standalone figures.
Valuation
Market capRs 162 Cr
Enterprise valueRs 199 Cr
P/E (TTM)79.05x
Price to book6.78x
Price to sales1.60x
EV / EBITDA20.84x
EV / EBIT25.04x
EV / sales1.96x
Price to cash flow60.92x
Earnings yield1.26%
Profitability
Operating margin (excl. other income)8.78%
Operating margin (incl. other income)9.41%
EBITDA margin9.41%
Pre-tax margin2.67%
Net profit margin2.02%
ROE8.95%
ROCE12.65%
ROA2.20%
ROIC (approx.)9.96%
Tax rate24.07%
Other income / net worth2.68%
Growth
Sales growth (latest year)28.23%
Profit growth (latest year)89.81%
Per share
EPS (TTM)Rs 1.45
EPS (latest year)Rs 4.10
Book value per shareRs 16.91
Sales per shareRs 71.59
Cash flow per shareRs 1.88
Free cash flow per shareRs -7.07
Efficiency
Asset turnover1.01x
Fixed asset turnover6.48x
Inventory turnover1.65x
Inventory days221 days
Debtor days93 days
Debtors turnover3.95x
Creditor days127 days
Cash conversion cycle117 days
Working capital days51 days
Leverage
Total debtRs 41 Cr
Cash and bankRs 5 Cr
Net debtRs 37 Cr
Debt to equity1.73x
Net debt / EBITDA3.83x
Interest coverage1.52x
Owners' fund to total sources23.97%
Debt to assets41.42%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -10 Cr
FCFE (approx.: FCF + change in debt)Rs -7 Cr
Cash from ops / profit, 5 years1.32x
Sales to cash flow38.06x
Statement figures
Net sales (TTM)Rs 101 Cr
Net sales (latest year)Rs 101 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 10 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 81 Cr
Total expenditure (latest year)Rs 92 Cr
Total income (latest year)Rs 102 Cr
Share capitalRs 5 Cr
ReservesRs 19 Cr
Shareholders' fundsRs 24 Cr
Total assetsRs 100 Cr
Net blockRs 16 Cr
ReceivablesRs 26 Cr
InventoryRs 49 Cr
Other liabilitiesRs 35 Cr
Shares outstanding (crore)1.41
Ownership
Promoter holding51.78%
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).
| Period | 544511 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.1% | -2.8% | -4.4 pts |
| 1 month | +3.1% | -6.8% | +9.9 pts |
| 3 months | -13.2% | -7.6% | -5.6 pts |
Red flags
F-score 7 of 8| explain | Weak cash conversion Cash from operations was -78% of net profit over the last 2 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
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 Karbonsteel Engineering Ltd?
Karbonsteel Engineering Ltd (544511) has a market capitalisation of Rs 168 Cr. at the 2026-10-01 close.
What is the P/E ratio of Karbonsteel Engineering Ltd?
Karbonsteel Engineering Ltd trades at a P/E of 16.0 on trailing twelve-month profit, at the 2026-10-01 close.