Price
Financials
Standalone, Rs crore| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 24.41 | 31.44 | 37.79 | 47.92 | 50.68 | 50.01 |
| Expenses | 22.22 | 29.57 | 35.44 | 44.24 | 45.58 | 42.24 |
| Operating Profit | 2.19 | 1.87 | 2.35 | 3.68 | 5.10 | 7.77 |
| OPM % | 8.97% | 5.95% | 6.22% | 7.68% | 10.06% | 15.54% |
| Other Income | 0.01 | 0.00 | 0.00 | 0.18 | 0.45 | 0.59 |
| Interest | 0.97 | 0.81 | 0.83 | 1.00 | 1.32 | 1.54 |
| Depreciation | 0.48 | 0.48 | 0.54 | 0.59 | 0.70 | 1.29 |
| Profit before tax | 0.75 | 0.58 | 0.98 | 2.27 | 3.53 | 5.53 |
| Tax % | 25.33% | 32.76% | 23.47% | 25.11% | 23.51% | 26.58% |
| Net Profit | 0.55 | 0.40 | 0.75 | 1.70 | 2.70 | 4.06 |
| EPS in Rs | 11.00 | 8.00 | 15.00 | 34.00 | 4.15 | 6.25 |
| Dividend Payout % | 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 | % | 15% | 10% | -1% | ||
| Compounded Profit Growth | % | 50% | 70% | 53% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 28% | 33% | 35% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.50 | 0.50 | 6.50 | 6.50 |
| Reserves | 3.58 | 3.98 | 4.73 | 6.44 | 3.13 | 7.19 |
| Borrowings | 7.84 | 7.46 | 8.51 | 11.19 | 17.51 | 17.30 |
| Other Liabilities | 7.43 | 10.06 | 8.43 | 10.52 | 12.37 | 15.93 |
| Total Liabilities | 19.35 | 22.00 | 22.17 | 28.65 | 39.51 | 46.92 |
| Fixed Assets | 5.57 | 5.82 | 6.38 | 7.25 | 13.65 | 17.24 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.31 | 2.10 | 0.00 |
| Investments | 0.00 | 0.10 | 0.54 | 0.00 | 0.00 | 0.00 |
| Other Assets | 13.78 | 16.08 | 15.25 | 21.09 | 23.76 | 29.68 |
| Total Assets | 19.35 | 22.00 | 22.17 | 28.65 | 39.51 | 46.92 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.52 | 1.69 | 1.41 | 0.19 | 3.79 | 4.45 |
| Cash from Investing Activity | 0.38 | -0.49 | -1.64 | -1.82 | -8.80 | -2.71 |
| Cash from Financing Activity | 0.10 | -1.23 | 0.23 | 1.67 | 5.03 | -1.75 |
| Net Cash Flow | -0.04 | -0.03 | 0.00 | 0.04 | 0.01 | -0.01 |
| Free Cash Flow | -0.15 | 0.85 | 0.20 | -1.67 | -5.10 | 1.58 |
| CFO/OP | -16% | 99% | 68% | 20% | 91% | 69% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 117.38 | 103.79 | 90.31 | 89.04 | 87.43 | 96.05 |
| Inventory Days | 141.13 | 121.49 | 82.55 | 110.90 | 107.09 | 190.96 |
| Days Payable | 177.01 | 163.83 | 105.75 | 119.53 | 147.51 | 204.98 |
| Cash Conversion Cycle | 81.50 | 61.45 | 67.10 | 80.41 | 47.01 | 82.03 |
| Working Capital Days | 43.66 | 21.83 | 23.66 | 20.79 | -3.24 | 8.25 |
| ROCE % | 12.66% | 15.03% | 21.09% | 21.43% | 24.63% |
| Aug 2026 | |
|---|---|
| Promoters | 71.98% |
| Public | 28.02% |
| No. of Shareholders | 919 |
Fundamentals
Market Cap₹ 66.0 Cr.
Current Price₹ 73.0
Stock P/E16.0
Book Value₹
ROCE24.6 %
ROE35.4 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)53%
Standalone figures.
Valuation
Market capRs 66 Cr
Enterprise valueRs 73 Cr
P/E (TTM)164.61x
Price to book14.70x
Price to sales2.09x
EV / EBITDA39.20x
EV / EBIT52.74x
EV / sales2.33x
Price to cash flow38.96x
Earnings yield0.61%
Profitability
Operating margin (excl. other income)5.95%
Operating margin (incl. other income)5.95%
EBITDA margin5.95%
Pre-tax margin1.84%
Net profit margin1.27%
ROE9.35%
ROCE11.65%
ROA1.93%
ROIC (approx.)7.83%
Tax rate32.76%
Growth
Sales growth (latest year)28.80%
Profit growth (latest year)-27.27%
Per share
EPS (TTM)Rs 0.44
EPS (latest year)Rs 8.00
Book value per shareRs 4.96
Sales per shareRs 34.81
Cash flow per shareRs 1.87
Free cash flow per shareRs 1.75
Efficiency
Asset turnover1.43x
Fixed asset turnover5.40x
Inventory turnover4.04x
Inventory days90 days
Debtor days104 days
Debtors turnover3.52x
Creditor days205 days
Cash conversion cycle82 days
Working capital days8 days
Leverage
Total debtRs 7 Cr
Net debtRs 7 Cr
Debt to equity1.67x
Net debt / EBITDA3.99x
Interest coverage1.72x
Owners' fund to total sources20.36%
Debt to assets33.91%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years1.20x
Sales to cash flow18.60x
Statement figures
Net sales (TTM)Rs 31 Cr
Net sales (latest year)Rs 31 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
EBITDA (TTM)Rs 2 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 1 Cr
Cost of goods sold (latest year)Rs 27 Cr
Total expenditure (latest year)Rs 30 Cr
Total income (latest year)Rs 31 Cr
Share capitalRs 0 Cr
ReservesRs 4 Cr
Shareholders' fundsRs 4 Cr
Total assetsRs 22 Cr
Net blockRs 6 Cr
InvestmentsRs 0 Cr
ReceivablesRs 9 Cr
InventoryRs 7 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)0.90
Ownership
Promoter holding71.98%
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 | 544843 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.1% | -2.8% | +4.9 pts |
| 1 month | +0.4% | -6.8% | +7.2 pts |
Red flags
F-score 6 of 8No 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 Advance Technoforge Ltd?
Advance Technoforge Ltd (544843) has a market capitalisation of Rs 66.0 Cr. at the 2026-10-01 close.
What is the P/E ratio of Advance Technoforge Ltd?
Advance Technoforge Ltd trades at a P/E of 16.0 on trailing twelve-month profit, at the 2026-10-01 close.