MarketFriction

Systematic Industries Ltd

BSE 544541 · Cables - Electricals
₹285.55 -3.24%
BSE close2026-10-01
Market cap₹596 Cr.
P/E27.7

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 2024Mar 2025Jun 2025Sep 2025Mar 2026Jun 2026
Sales165282282254299299
Expenses151261261236280280
Operating Profit142121181919
OPM %8%7%7%7%6%6%
Other Income122222
Interest444511
Depreciation133333
Profit before tax91515121616
Tax %27%26%26%25%25%25%
Net Profit7111191212
EPS in Rs4.056.706.704.165.255.25
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales213175234320370447553598
Expenses204169225307346412516560
Operating Profit9691324353737
OPM %4.3%3.4%3.8%4.2%7%8%7%6%
Other Income02212343
Interest22447863
Depreciation22223466
Profit before tax545817252831
Tax %26%25%26%25%25%26%25%
Net Profit434612182123
EPS in Rs60.7044.0159.0395.75125.5610.999.4110.50
Dividend Payout %0%-0%-0%-0%-0%-0%-0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%26%20%24%
Compounded Profit Growth%49%49%14%
Stock Price CAGR%%%%
Return on Equity%17%19%15%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.660.660.660.660.991722
Reserves363943496164179
Borrowings25293662799910
Other Liabilities108918202624
Total Liabilities737789130162206235
Fixed Assets10131127266158
CWIP-0-0-0-02112
Investments-0-0-0-0-0-0-0
Other Assets636578104115144175
Total Assets737789130162206235
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-22-1-71586
Cash from Investing Activity-0-4-2-15-24-20-2
Cash from Financing Activity3132210125
Net Cash Flow0-0000-08
Free Cash Flow-4-2-1-24-8-111
CFO/OP-6%54%7%-42%72%43%36%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days62656266516551
Inventory Days21383036434245
Days Payable14151218171411
Cash Conversion Cycle69888085789285
Working Capital Days52726243313289
ROCE %9%12%13%19%21%17%
Sep 2025Mar 2026
Promoters73.41%73.42%
FIIs2.55%1.02%
DIIs11.39%8.97%
Public12.65%16.60%
No. of Shareholders2,1521,262

Fundamentals

Market Cap₹ 596 Cr.
Current Price₹ 267
Stock P/E27.7
Book Value₹ 90.2
ROCE17.4 %
ROE14.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)24%
Compounded Profit Growth (TTM)14%
Standalone figures.
Valuation
Market capRs 638 Cr
Enterprise valueRs 699 Cr
P/E (TTM)101.06x
Price to book12.85x
Price to sales1.99x
EV / EBITDA47.44x
EV / EBIT54.34x
EV / sales2.18x
Earnings yield0.99%
Profitability
Operating margin (excl. other income)4.16%
Operating margin (incl. other income)4.60%
EBITDA margin4.60%
Pre-tax margin2.64%
Net profit margin1.97%
ROE13.51%
ROCE13.43%
ROA5.75%
ROE, 3-year average10.12%
ROCE, 3-year average11.61%
ROA, 3-year average4.77%
ROIC (approx.)8.63%
Tax rate25.38%
Other income / net worth2.86%
Growth
Sales growth (latest year)36.91%
Profit growth (latest year)62.21%
Sales CAGR, 3 years14.55%
Profit CAGR, 3 years16.41%
Per share
EPS (TTM)Rs 2.83
EPS (latest year)Rs 95.76
EPS, 3-year averageRs 66.27
Book value per shareRs 22.23
Sales per shareRs 143.51
Cash flow per shareRs -3.02
Free cash flow per shareRs 0.45
Efficiency
Asset turnover2.46x
Fixed asset turnover11.98x
Inventory turnover11.13x
Inventory days33 days
Debtor days66 days
Debtors turnover5.52x
Creditor days11 days
Cash conversion cycle85 days
Working capital days89 days
Leverage
Total debtRs 62 Cr
Cash and bankRs 1 Cr
Net debtRs 62 Cr
Debt to equity1.25x
Net debt / EBITDA4.18x
Interest coverage2.92x
Owners' fund to total sources38.09%
Debt to assets47.77%
Cash flow
Cash from Operating Activity (latest year)Rs -7 Cr
Cash from Investing Activity (latest year)Rs -15 Cr
Cash from Financing Activity (latest year)Rs 22 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 27 Cr
Cash from ops / profit, 5 years0.34x
Statement figures
Net sales (TTM)Rs 320 Cr
Net sales (latest year)Rs 320 Cr
Operating profit excl. other income (latest year)Rs 13 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 15 Cr
PBDT (TTM)Rs 10 Cr
Profit before tax (TTM)Rs 8 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 6 Cr
Net profit (latest year)Rs 6 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 286 Cr
Total expenditure (latest year)Rs 307 Cr
Total income (latest year)Rs 322 Cr
Share capitalRs 1 Cr
ReservesRs 49 Cr
Shareholders' fundsRs 50 Cr
Total assetsRs 130 Cr
Net blockRs 27 Cr
ReceivablesRs 58 Cr
InventoryRs 26 Cr
Other liabilitiesRs 18 Cr
Shares outstanding (crore)2.23
Ownership
Promoter holding73.42%
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).
Period544541Nifty 50Difference
1 week+4.9%-2.8% +7.7 pts
1 month+29.9%-6.8% +36.7 pts
3 months+55.6%-7.6% +63.2 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -42% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 10% of total assets 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

Jun 2026
Sales ₹299 Cr +6.0% vs Mar 2025. Net profit ₹12 Cr +9.1%.

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 Systematic Industries Ltd?

Systematic Industries Ltd (544541) has a market capitalisation of Rs 596 Cr. at the 2026-10-01 close.

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

Systematic Industries Ltd trades at a P/E of 27.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Systematic Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Systematic Industries Ltd sales was Rs 299 Cr (+6.0% vs Mar 2025) and net profit was Rs 12 Cr.

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