Price
Financials
Standalone, Rs crore| Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11.57 | 12.22 | 13.14 | 15.36 | 15.06 | 18.98 | 18.91 | 19.68 | 20.23 | 20.01 |
| Expenses | 9.73 | 11.08 | 11.99 | 13.71 | 13.70 | 16.17 | 16.45 | 16.20 | 16.41 | 16.22 |
| Operating Profit | 1.84 | 1.14 | 1.15 | 1.65 | 1.36 | 2.81 | 2.46 | 3.48 | 3.82 | 3.79 |
| OPM % | 15.90% | 9.33% | 8.75% | 10.74% | 9.03% | 14.81% | 13.01% | 17.68% | 18.88% | 18.94% |
| Other Income | 0.07 | 0.11 | 0.14 | 0.26 | 0.66 | 0.34 | 0.65 | 0.21 | 0.57 | 0.65 |
| Interest | 0.28 | -0.02 | 0.06 | 0.09 | 0.04 | 0.07 | 0.04 | 0.06 | 0.04 | 0.03 |
| Depreciation | 0.40 | 0.40 | 0.37 | 0.41 | 0.48 | 0.47 | 0.39 | 0.37 | 0.50 | 0.67 |
| Profit before tax | 1.23 | 0.87 | 0.86 | 1.41 | 1.50 | 2.61 | 2.68 | 3.26 | 3.85 | 3.74 |
| Tax % | 26.02% | 28.74% | 25.58% | 18.44% | 25.33% | 29.89% | 25.00% | 25.46% | 25.19% | 27.54% |
| Net Profit | 0.91 | 0.62 | 0.64 | 1.15 | 1.12 | 1.84 | 2.01 | 2.42 | 2.88 | 2.71 |
| EPS in Rs | 45.50 | 1.03 | 0.85 | 1.53 | 1.49 | 2.45 | 2.68 | 3.23 | 3.84 | 3.61 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 21.83 | 23.40 | 24.65 | 23.64 | 28.47 | 33.90 | 38.51 | 40.13 |
| Expenses | 18.95 | 19.43 | 19.64 | 20.66 | 25.57 | 29.72 | 32.58 | 32.51 |
| Operating Profit | 2.88 | 3.97 | 5.01 | 2.98 | 2.90 | 4.18 | 5.93 | 7.62 |
| OPM % | 13.19% | 16.97% | 20.32% | 12.61% | 10.19% | 12.33% | 15.40% | 18.99% |
| Other Income | 1.36 | 0.14 | 0.24 | 0.18 | 0.40 | 0.99 | 0.86 | 1.22 |
| Interest | 0.85 | 0.60 | 0.60 | 0.26 | 0.17 | 0.11 | 0.10 | 0.08 |
| Depreciation | 1.00 | 1.05 | 0.99 | 0.81 | 0.78 | 0.95 | 0.76 | 1.17 |
| Profit before tax | 2.39 | 2.46 | 3.66 | 2.09 | 2.35 | 4.11 | 5.93 | 7.59 |
| Tax % | 27.62% | 26.83% | 25.41% | 27.75% | 21.28% | 27.98% | 25.46% | 26.35% |
| Net Profit | 1.73 | 1.80 | 2.73 | 1.52 | 1.85 | 2.96 | 4.43 | 5.59 |
| EPS in Rs | 173.00 | 180.00 | 136.50 | 2.53 | 2.47 | 3.95 | 5.91 | 7.45 |
| Dividend Payout % | 0.00% | 0.00% | 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 | % | 10% | 12% | 4% | ||
| Compounded Profit Growth | % | 15% | 44% | 36% | ||
| Stock Price CAGR | % | % | 40% | 39% | ||
| Return on Equity | % | 15% | 16% | 18% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.00 | 1.00 | 2.00 | 6.00 | 7.50 | 7.50 | 7.50 | 7.50 |
| Reserves | 6.46 | 8.26 | 9.99 | 7.51 | 11.85 | 15.49 | 19.92 | 25.51 |
| Borrowings | 6.27 | 7.93 | 5.07 | 2.98 | 0.82 | 0.06 | 0.00 | 0.18 |
| Other Liabilities | 4.57 | 5.16 | 4.46 | 3.34 | 3.86 | 4.34 | 4.83 | 7.03 |
| Total Liabilities | 18.30 | 22.35 | 21.52 | 19.83 | 24.03 | 27.39 | 32.25 | 40.22 |
| Fixed Assets | 4.80 | 5.18 | 4.67 | 4.61 | 4.72 | 4.07 | 9.54 | 10.38 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.90 | 0.56 | 1.00 | 1.90 | 0.35 | 1.42 |
| Other Assets | 13.50 | 17.17 | 15.95 | 14.66 | 18.31 | 21.42 | 22.36 | 28.42 |
| Total Assets | 18.30 | 22.35 | 21.52 | 19.83 | 24.03 | 27.39 | 32.25 | 40.22 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3.08 | 1.47 | 5.61 | 1.13 | -2.08 | 6.18 | 5.98 | 1.95 |
| Cash from Investing Activity | -1.35 | -1.23 | -0.43 | -0.73 | -1.28 | -1.06 | -4.14 | -2.67 |
| Cash from Financing Activity | -1.72 | -0.23 | -3.25 | -2.25 | 3.30 | -0.87 | -0.16 | 0.10 |
| Net Cash Flow | 0.01 | 0.01 | 1.93 | -1.85 | -0.07 | 4.25 | 1.68 | -0.61 |
| Free Cash Flow | 1.91 | 0.10 | 5.13 | 0.39 | -2.96 | 5.88 | -0.15 | -0.06 |
| CFO/OP | 132% | 53% | 131% | 57% | -56% | 176% | 126% | 53% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82.93 | 112.62 | 72.85 | 98.20 | 130.51 | 87.43 | 73.36 | 114.60 |
| Inventory Days | 135.78 | 203.00 | 175.17 | 188.77 | 135.73 | 85.43 | 85.94 | 88.48 |
| Days Payable | 132.35 | 174.46 | 96.70 | 93.05 | 57.05 | 62.13 | 59.31 | 95.13 |
| Cash Conversion Cycle | 86.36 | 141.16 | 151.32 | 193.91 | 209.19 | 110.73 | 100.00 | 107.95 |
| Working Capital Days | 96.14 | 117.92 | 98.02 | 127.07 | 178.08 | 131.57 | 105.87 | 140.16 |
| ROCE % | 19.40% | 24.88% | 13.77% | 13.69% | 19.53% | 22.55% | 24.91% |
| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 72.00% | 72.64% | 72.69% | 72.69% | 72.05% | 72.29% | 72.29% | 72.45% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.84% | 4.05% | 4.05% |
| Government | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 27.95% | 27.36% | 27.31% | 27.31% | 27.95% | 23.87% | 23.66% | 23.50% |
| No. of Shareholders | 348 | 356 | 339 | 417 | 593 | 525 | 571 | 609 |
Fundamentals
Market Cap₹ 110 Cr.
Current Price₹ 146
Stock P/E20.2
Book Value₹ 44.0
ROCE24.9 %
ROE18.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)36%
Standalone figures.
Valuation
Market capRs 113 Cr
Enterprise valueRs 109 Cr
P/E (TTM)38.13x
Price to book4.91x
Price to sales3.33x
EV / EBITDA21.02x
EV / EBIT25.75x
EV / sales3.21x
Price to cash flow18.26x
Earnings yield2.62%
P/E, 3-year average13.40x
P/B, 3-year average1.49x
P/E, 5-year average13.40x
P/B, 5-year average1.49x
Profitability
Operating margin (excl. other income)12.33%
Operating margin (incl. other income)15.25%
EBITDA margin15.25%
Pre-tax margin12.12%
Net profit margin8.73%
ROE13.98%
ROCE19.53%
ROA11.51%
ROE, 3-year average12.39%
ROCE, 3-year average15.76%
ROA, 3-year average9.10%
ROE, 5-year average16.88%
ROCE, 5-year average18.39%
ROA, 5-year average9.72%
ROIC (approx.)16.19%
Tax rate27.98%
Other income / net worth4.31%
Growth
Sales growth (latest year)19.07%
Profit growth (latest year)60.00%
Sales CAGR, 3 years11.21%
Sales CAGR, 5 years9.20%
Profit CAGR, 3 years2.73%
Profit CAGR, 5 years11.34%
Per share
EPS (TTM)Rs 3.95
EPS (latest year)Rs 3.95
EPS, 3-year averageRs 2.98
EPS, 5-year averageRs 65.09
Book value per shareRs 30.65
Sales per shareRs 45.20
Cash flow per shareRs 8.24
Free cash flow per shareRs -0.08
Efficiency
Asset turnover1.24x
Fixed asset turnover8.33x
Inventory turnover4.98x
Inventory days73 days
Debtor days87 days
Debtors turnover4.17x
Creditor days95 days
Cash conversion cycle108 days
Working capital days140 days
Leverage
Total debtRs 0 Cr
Cash and bankRs 4 Cr
Net debtRs -4 Cr
Debt to equity0.00x
Net debt / EBITDA-0.82x
Interest coverage38.36x
Owners' fund to total sources83.94%
Debt to assets0.22%
Cash flow
Cash from Operating Activity (latest year)Rs 6 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years0.80x
Sales to cash flow5.49x
Statement figures
Net sales (TTM)Rs 34 Cr
Net sales (latest year)Rs 34 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 20 Cr
Total expenditure (latest year)Rs 30 Cr
Total income (latest year)Rs 35 Cr
Share capitalRs 8 Cr
ReservesRs 15 Cr
Shareholders' fundsRs 23 Cr
Total assetsRs 27 Cr
Net blockRs 4 Cr
InvestmentsRs 2 Cr
ReceivablesRs 8 Cr
InventoryRs 4 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)0.75
Ownership
Promoter holding72.45% (-0.24 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 38.1 is at the 50th percentile of its own 4.2-year range
(median 37.7, low 10.6, high 65.6).
P/B 4.91 is at the 70th percentile (median 3.90).
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.
| Period | AMEYA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.2% | -2.8% | +0.6 pts |
| 1 month | +37.5% | -6.8% | +44.3 pts |
| 3 months | +39.4% | -7.6% | +47.0 pts |
| 6 months | +55.2% | +0.4% | +54.7 pts |
| 1 year | +35.4% | -9.9% | +45.3 pts |
| 2 years | +96.0% | -13.6% | +109.5 pts |
| 3 years | +195.1% | +14.2% | +180.9 pts |
Red flags
F-score 8 of 8| explain | Share dilution Share count up 0% in a year, 3650% in three |
| look | On NSE surveillance On NSE surveillance: ASM short-term |
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 2026Sales ₹20 Cr +5.4% vs Mar 2024.
Net profit ₹3 Cr +47.3%.
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.
Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly tradedShort Term Additional Surveillance Measure (Short Term ASM): stage 1