Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.40 | 1.76 | 2.20 | 1.82 | 2.39 | 2.34 | 2.00 | 1.62 | 2.00 | 2.31 | 2.07 | 3.26 |
| Interest | 0.04 | 0.04 | 0.08 | 0.00 | 0.08 | 0.06 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 |
| Expenses | 0.88 | 1.16 | 1.36 | 1.39 | 4.25 | 2.92 | -0.10 | 1.19 | 1.93 | 3.85 | 2.34 | 3.16 |
| Financing Profit | 0.48 | 0.56 | 0.76 | 0.43 | -1.94 | -0.64 | 2.04 | 0.38 | 0.01 | -1.60 | -0.33 | 0.04 |
| Financing Margin % | 34.29% | 31.82% | 34.55% | 23.63% | -81.17% | -27.35% | 102.00% | 23.46% | 0.50% | -69.26% | -15.94% | 1.23% |
| Other Income | 0.07 | 0.10 | -0.04 | 0.04 | 4.26 | 0.00 | -0.03 | 0.26 | 0.00 | 4.64 | -0.24 | 0.52 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Profit before tax | 0.52 | 0.63 | 0.69 | 0.45 | 2.30 | -0.66 | 1.98 | 0.62 | -0.01 | 3.02 | -0.59 | 0.55 |
| Tax % | 25.00% | 23.81% | 24.64% | 37.78% | 25.22% | 0.00% | 14.65% | 22.58% | 0.00% | 20.53% | 55.93% | 27.27% |
| Net Profit | 0.39 | 0.47 | 0.52 | 0.28 | 1.72 | -0.66 | 1.68 | 0.48 | -0.01 | 2.41 | -0.91 | 0.40 |
| EPS in Rs | 2.71 | 3.26 | 3.61 | 1.94 | 11.95 | -4.58 | 11.67 | 3.33 | -0.07 | 16.74 | -6.32 | 2.78 |
| Gross NPA % | ||||||||||||
| Net NPA % |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.35 | 7.97 | 10.49 | 4.21 | 10.55 | 5.39 | 6.07 | 6.36 | 7.43 | 8.55 | 8.02 | 9.64 |
| Interest | 0.41 | 0.04 | 0.31 | 0.33 | 0.25 | 0.04 | 0.00 | 0.00 | 0.21 | 0.19 | 0.22 | 0.24 |
| Expenses | 6.39 | 7.15 | 8.38 | 3.76 | 8.72 | 3.48 | 4.00 | 5.01 | 4.71 | 8.45 | 9.32 | 11.28 |
| Financing Profit | 1.55 | 0.78 | 1.80 | 0.12 | 1.58 | 1.87 | 2.07 | 1.35 | 2.51 | -0.09 | -1.52 | -1.88 |
| Financing Margin % | 18.56% | 9.79% | 17.16% | 2.85% | 14.98% | 34.69% | 34.10% | 21.23% | 33.78% | -1.05% | -18.95% | -19.50% |
| Other Income | 0.07 | 0.27 | 0.10 | 1.79 | 0.08 | 0.25 | 1.14 | 0.00 | 0.01 | 4.26 | 4.64 | 4.92 |
| Depreciation | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.25 | 0.16 | 0.11 | 0.10 | 0.06 | 0.07 |
| Profit before tax | 1.59 | 1.03 | 1.89 | 1.91 | 1.66 | 2.12 | 2.96 | 1.19 | 2.41 | 4.07 | 3.06 | 2.97 |
| Tax % | 32.70% | 35.92% | 21.16% | 25.13% | 7.83% | 33.49% | 24.32% | -25.21% | 44.40% | 25.55% | 35.29% | |
| Net Profit | 1.07 | 0.66 | 1.49 | 1.41 | 1.53 | 1.41 | 2.24 | 1.49 | 1.34 | 3.02 | 1.97 | 1.89 |
| EPS in Rs | 10.63 | 9.79 | 15.56 | 10.35 | 9.31 | 20.98 | 13.68 | 13.13 | ||||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 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 | 0% | 8% | 8% | 15% | ||
| Compounded Profit Growth | 6% | 7% | 10% | -41% | ||
| Stock Price CAGR | % | -1% | 43% | 24% | ||
| Return on Equity | 3% | 3% | 3% | 3% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.44 | 1.44 | 1.44 | 1.44 | 1.44 | 1.44 | 1.44 | 1.44 | 1.44 | 1.44 | 1.44 | 1.44 |
| Reserves | 44.06 | 45.13 | 45.79 | 47.28 | 50.22 | 51.21 | 52.62 | 54.86 | 56.35 | 57.70 | 60.72 | 62.70 |
| Borrowing | 5.00 | 6.17 | 2.65 | 5.13 | 3.09 | 2.07 | 0.04 | 0.03 | 1.85 | 0.00 | 0.00 | 2.00 |
| Other Liabilities | 0.92 | 0.77 | 2.15 | 2.10 | 1.35 | 1.16 | 0.24 | 0.54 | 0.84 | 0.93 | 2.69 | 0.52 |
| Total Liabilities | 51.42 | 53.51 | 52.03 | 55.95 | 56.10 | 55.88 | 54.34 | 56.87 | 60.48 | 60.07 | 64.85 | 66.66 |
| Fixed Assets | 1.91 | 1.88 | 1.85 | 1.84 | 1.82 | 1.85 | 1.85 | 2.40 | 2.23 | 2.12 | 2.02 | 1.96 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.29 | 1.33 | 1.33 | 5.63 | 5.84 |
| Investments | 12.34 | 12.34 | 12.32 | 12.65 | 14.11 | 12.68 | 13.33 | 13.43 | 12.05 | 12.05 | 12.05 | 12.05 |
| Other Assets | 37.17 | 39.29 | 37.86 | 41.46 | 40.17 | 41.35 | 39.16 | 39.75 | 44.87 | 44.57 | 45.15 | 46.81 |
| Total Assets | 51.42 | 53.51 | 52.03 | 55.95 | 56.10 | 55.88 | 54.34 | 56.87 | 60.48 | 60.07 | 64.85 | 66.66 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -21.75 | -2.41 | -3.12 | -3.38 | 2.12 | 3.34 | -0.18 | 1.85 | -4.57 | 2.03 | -0.04 | -2.07 |
| Cash from Investing Activity | 1.53 | 3.54 | 0.15 | -0.27 | -0.27 | 0.00 | 0.04 | -0.52 | 1.39 | 0.05 | 0.10 | 0.08 |
| Cash from Financing Activity | 5.00 | 1.17 | -3.53 | 2.49 | -2.04 | -1.02 | -2.03 | -0.01 | 1.81 | -1.85 | 0.00 | 2.00 |
| Net Cash Flow | -15.22 | 2.30 | -6.49 | -1.16 | -0.18 | 2.31 | -2.17 | 1.32 | -1.36 | 0.24 | 0.05 | 0.01 |
| Free Cash Flow | -21.80 | -2.41 | -3.10 | -3.38 | 2.17 | 3.36 | -0.18 | 1.05 | -4.57 | 2.03 | -0.04 | -2.07 |
| CFO/OP | 9,871% | -105% | -316% | -134% | 504% | 198% | 25% | 108% | -307% | 92% | 1,010% | 75% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 0.29% | 2.32% | 1.39% | 3.11% | 2.77% | 2.88% | 2.64% | 4.06% | 2.61% | 2.29% | 4.98% | 3.12% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 53.18% | 53.18% | 53.18% | 53.18% | 53.18% | 53.18% | 53.18% | 53.18% | 53.18% | 53.18% | 53.18% | 54.42% |
| Public | 46.81% | 46.81% | 46.81% | 46.82% | 46.82% | 46.81% | 46.81% | 46.81% | 46.81% | 46.81% | 46.81% | 45.57% |
| No. of Shareholders | 632 | 628 | 644 | 639 | 641 | 645 | 642 | 658 | 665 | 646 | 644 | 638 |
Fundamentals
Market Cap₹ 127 Cr.
Current Price₹ 883
Stock P/E67.3
Book Value₹ 445
ROCE5.11 %
ROE3.12 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)-41%
Standalone figures.
Valuation
Market capRs 115 Cr
Enterprise valueRs 116 Cr
P/E (TTM)60.87x
Price to book1.79x
Price to sales11.93x
EV / EBITDA35.51x
EV / EBIT36.28x
EV / sales12.08x
Earnings yield1.64%
P/E, 3-year average52.99x
P/B, 3-year average1.61x
P/E, 5-year average44.10x
P/B, 5-year average1.38x
Profitability
Operating margin (excl. other income)-16.21%
Operating margin (incl. other income)41.65%
EBITDA margin34.02%
Pre-tax margin30.81%
Net profit margin19.61%
Net margin, latest quarter12.27%
ROE3.12%
ROCE5.11%
ROA3.00%
ROE, 3-year average3.46%
ROCE, 3-year average5.52%
ROA, 3-year average3.35%
ROE, 5-year average3.41%
ROCE, 5-year average4.79%
ROA, 5-year average3.32%
ROIC (approx.)3.17%
Tax rate35.29%
Other income / net worth7.23%
Growth
Sales growth (latest year)-6.20%
Profit growth (latest year)-34.77%
Sales CAGR, 3 years8.04%
Sales CAGR, 5 years8.27%
Profit CAGR, 3 years9.76%
Profit CAGR, 5 years6.92%
Sales growth QoQ57.49%
Sales growth YoY (latest quarter)101.23%
Profit growth YoY (latest quarter)-16.67%
Per share
EPS (TTM)Rs 13.13
EPS (latest year)Rs 13.68
EPS (latest quarter)Rs 2.78
EPS, 3-year averageRs 14.65
EPS, 5-year averageRs 13.97
Book value per shareRs 445.48
Sales per shareRs 66.95
Cash flow per shareRs -14.38
Free cash flow per shareRs -14.38
Efficiency
Asset turnover0.12x
Fixed asset turnover4.09x
Inventory turnover0.78x
Inventory days468 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 1 Cr
Net debtRs 1 Cr
Debt to equity0.03x
Net debt / EBITDA0.44x
Interest coverage13.38x
Owners' fund to total sources96.22%
Debt to assets3.00%
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 2 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -2 Cr
Cash from ops / profit, 5 years-0.28x
Statement figures
Net sales (TTM)Rs 10 Cr
Net sales (latest year)Rs 8 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 3 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
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 4 Cr
Total expenditure (latest year)Rs 9 Cr
Total income (latest year)Rs 13 Cr
Share capitalRs 1 Cr
ReservesRs 63 Cr
Shareholders' fundsRs 64 Cr
Total assetsRs 67 Cr
Net blockRs 2 Cr
Capital work in progressRs 6 Cr
InvestmentsRs 12 Cr
InventoryRs 5 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)0.14
Ownership
Promoter holding54.42% (+1.24 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 60.9 is at the 82th percentile of its own 6.3-year range
(median 32.9, low 7.5, high 98.8).
P/B 1.79 is at the 86th percentile (median 1.17).
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 | ASSAMENT | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.4% | -2.8% | +5.2 pts |
| 3 years | +175.5% | +14.2% | +161.3 pts |
| 5 years | -13.6% | +27.9% | -41.5 pts |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -1% of net profit over the last 3 years |
| look | Profit leans on other income Other income was 152% of pre-tax profit in 2026 |
| look | On NSE surveillance On NSE surveillance: ASM long-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
Jun 2026Revenue ₹3 Cr +101.2% vs Jun 2025.
Net profit ₹0 Cr -16.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bajaj Finance Ltd | 606,283 | 29.6 | 10.9 % |
| Shriram Finance Ltd | 228,598 | 20.2 | 11.5 % |
| Tata Capital Ltd | 140,654 | 25.9 | 8.58 % |
| Cholamandalam Investment & Finance Company Ltd | 139,031 | 24.2 | 9.71 % |
| Muthoot Finance Ltd | 109,874 | 9.66 | 15.8 % |
| L&T Finance Ltd | 67,935 | 21.2 | 8.40 % |
| SBI Cards & Payment Services Ltd | 55,290 | 24.3 | 10.1 % |
| HDB Financial Services Ltd | 52,415 | 19.0 | 9.09 % |
| Sundaram Finance Ltd | 48,161 | 21.2 | 9.44 % |
| Authum Investment & Infrastructure Ltd | 46,011 | 22.0 | 13.6 % |
| Mahindra & Mahindra Financial Services Ltd | 45,035 | 13.5 | 8.72 % |
| Poonawalla Fincorp Ltd | 39,011 | 49.6 | 7.51 % |
| Manappuram Finance Ltd | 29,725 | 20.5 | 8.25 % |
| IIFL Finance Ltd | 25,929 | 12.3 | 10.9 % |
| Capri Global Capital Ltd | 23,756 | 21.1 | 11.7 % |
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 daysLong Term Additional Surveillance Measure (Long Term ASM): stage 1