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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 69.47 | 53.79 | 52.16 | 44.70 | 55.84 | 40.41 | 37.61 | 27.22 | 67.34 | 58.63 | 70.57 | 32.31 |
| Expenses | 52.86 | 41.11 | 44.44 | 39.22 | 46.96 | 35.45 | 33.09 | 25.70 | 54.16 | 47.81 | 55.40 | 29.78 |
| Operating Profit | 16.61 | 12.68 | 7.72 | 5.48 | 8.88 | 4.96 | 4.52 | 1.52 | 13.18 | 10.82 | 15.17 | 2.53 |
| OPM % | 23.91% | 23.57% | 14.80% | 12.26% | 15.90% | 12.27% | 12.02% | 5.58% | 19.57% | 18.45% | 21.50% | 7.83% |
| Other Income | 1.09 | 0.75 | 0.60 | 0.91 | 1.31 | 1.07 | 1.37 | 1.84 | 1.63 | 1.44 | 1.02 | 1.23 |
| Interest | 0.42 | 0.49 | 0.40 | 0.18 | 0.12 | 0.10 | 0.28 | 0.07 | -0.02 | 0.09 | 0.11 | 0.10 |
| Depreciation | 0.53 | 0.77 | 0.98 | 0.87 | 0.92 | 0.97 | 1.12 | 1.12 | 1.21 | 1.35 | 1.28 | 1.11 |
| Profit before tax | 16.75 | 12.17 | 6.94 | 5.34 | 9.15 | 4.96 | 4.49 | 2.17 | 13.62 | 10.82 | 14.80 | 2.55 |
| Tax % | 28.90% | 21.20% | 23.34% | 23.03% | 35.52% | 34.27% | -6.01% | 12.44% | 25.70% | 26.34% | 24.53% | 23.14% |
| Net Profit | 11.92 | 9.58 | 5.31 | 4.11 | 5.90 | 3.26 | 4.76 | 1.90 | 10.12 | 7.98 | 11.16 | 1.96 |
| EPS in Rs | 7.38 | 5.93 | 3.29 | 2.54 | 3.65 | 2.02 | 2.95 | 1.18 | 6.26 | 4.94 | 6.91 | 1.21 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 67 | 76 | 82 | 111 | 100 | 153 | 144 | 180 | 223 | 179 | 224 | 229 |
| Expenses | 57 | 65 | 71 | 91 | 85 | 124 | 127 | 157 | 179 | 155 | 183 | 187 |
| Operating Profit | 10 | 11 | 10 | 20 | 14 | 29 | 17 | 23 | 44 | 24 | 41 | 42 |
| OPM % | 15% | 14% | 12% | 18% | 14% | 19% | 12% | 13% | 20% | 13% | 18% | 18% |
| Other Income | 0 | 1 | 1 | 2 | 4 | 3 | 5 | 4 | 3 | 5 | 6 | 5 |
| Interest | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 1 | 2 | 1 | 0 | 0 |
| Depreciation | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 5 |
| Profit before tax | 6 | 8 | 8 | 18 | 15 | 29 | 19 | 23 | 43 | 24 | 41 | 42 |
| Tax % | 16% | 18% | 25% | 29% | 27% | 26% | 26% | 25% | 25% | 25% | 25% | |
| Net Profit | 5 | 7 | 6 | 13 | 11 | 21 | 14 | 17 | 32 | 18 | 31 | 31 |
| EPS in Rs | 2.97 | 4.23 | 3.67 | 8.02 | 6.74 | 13.18 | 8.56 | 10.71 | 19.89 | 11.16 | 19.29 | 19.32 |
| Dividend Payout % | 0% | 0% | 41% | 19% | 37% | 46% | 23% | 28% | 30% | 99% | 62% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 13% | 8% | 8% | 42% | ||
| Compounded Profit Growth | 18% | 4% | 15% | 97% | ||
| Stock Price CAGR | 26% | 6% | -4% | -4% | ||
| Return on Equity | 21% | 20% | 21% | 21% |
| 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 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 10 | 14 | 21 | 27 | 36 | 39 | 55 | 65 | 80 | 97 | 106 | 108 |
| Borrowings | 12 | 10 | 5 | 4 | 1 | 8 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 31 | 21 | 23 | 36 | 31 | 40 | 36 | 50 | 83 | 83 | 66 | 91 |
| Total Liabilities | 69 | 61 | 64 | 83 | 84 | 103 | 108 | 131 | 179 | 196 | 189 | 216 |
| Fixed Assets | 21 | 19 | 17 | 17 | 16 | 16 | 16 | 14 | 13 | 25 | 28 | 31 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 5 | 0 | 1 | 0 |
| Investments | 0 | 0 | 4 | 14 | 15 | 26 | 34 | 18 | 34 | 35 | 57 | 81 |
| Other Assets | 47 | 43 | 44 | 52 | 53 | 60 | 59 | 98 | 127 | 135 | 103 | 103 |
| Total Assets | 69 | 61 | 64 | 83 | 84 | 103 | 108 | 131 | 179 | 196 | 189 | 216 |
| 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 | 7 | -1 | 15 | 12 | 9 | 12 | 25 | -11 | 30 | 39 | 31 | 71 |
| Cash from Investing Activity | -1 | -1 | -4 | -13 | -2 | -11 | -8 | 14 | -20 | -9 | -25 | -28 |
| Cash from Financing Activity | -1 | -4 | -6 | -1 | -6 | -2 | -13 | -5 | -5 | -16 | -9 | -29 |
| Net Cash Flow | 5 | -5 | 5 | -3 | 1 | -1 | 4 | -2 | 5 | 13 | -3 | 14 |
| Free Cash Flow | 6 | -2 | 14 | 9 | 7 | 9 | 23 | -13 | 25 | 28 | 24 | 63 |
| CFO/OP | -277% | -3% | 157% | 137% | 73% | 112% | 111% | -36% | 157% | 33% | 156% | 197% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121 | 99 | 86 | 90 | 64 | 43 | 48 | 116 | 125 | 81 | 67 | 74 |
| Inventory Days | 327 | 158 | 123 | 161 | 146 | 235 | 101 | 175 | 172 | 177 | 155 | 128 |
| Days Payable | 233 | 97 | 116 | 172 | 93 | 132 | 86 | 148 | 153 | 111 | 101 | 125 |
| Cash Conversion Cycle | 216 | 160 | 93 | 78 | 117 | 147 | 62 | 143 | 143 | 147 | 121 | 76 |
| Working Capital Days | 30 | 70 | 43 | 32 | 51 | 28 | 33 | 105 | 62 | 40 | 26 | -7 |
| ROCE % | -14% | 18% | 22% | 19% | 39% | 27% | 43% | 22% | 26% | 41% | 20% | 30% |
| 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 | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% |
| FIIs | 0.00% | 0.00% | 0.02% | 0.48% | 0.58% | 0.61% | 0.62% | 0.61% | 0.60% | 0.41% | 0.41% | 0.41% |
| DIIs | 0.00% | 0.00% | 0.25% | 0.30% | 0.39% | 1.49% | 0.99% | 1.12% | 0.81% | 1.36% | 1.42% | 1.48% |
| Public | 50.06% | 50.06% | 49.79% | 49.27% | 49.08% | 47.95% | 48.45% | 48.32% | 48.64% | 48.29% | 48.23% | 48.17% |
| No. of Shareholders | 17,698 | 19,180 | 19,749 | 19,498 | 21,018 | 20,505 | 19,493 | 18,864 | 18,408 | 18,492 | 18,625 | 18,789 |
Fundamentals
Market Cap₹ 721 Cr.
Current Price₹ 444
Stock P/E23.1
Book Value₹ 77.2
ROCE30.0 %
ROE20.5 %
Dividend Yield2.70 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)42%
Compounded Profit Growth (TTM)97%
Standalone figures.
Valuation
Market capRs 703 Cr
Enterprise valueRs 687 Cr
P/E (TTM)22.53x
Price to book5.64x
Price to sales3.07x
EV / EBITDA14.61x
EV / EBIT16.33x
EV / sales3.00x
Price to cash flow9.98x
Earnings yield4.44%
Dividend yield2.75%
P/E, 3-year average30.91x
P/B, 3-year average6.67x
P/E, 5-year average29.29x
P/B, 5-year average5.88x
Profitability
Operating margin (excl. other income)18.18%
Operating margin (incl. other income)20.83%
EBITDA margin20.55%
Pre-tax margin18.26%
Net profit margin13.64%
Net margin, latest quarter6.07%
ROE25.21%
ROCE33.69%
ROA15.42%
ROE, 3-year average23.75%
ROCE, 3-year average32.37%
ROA, 3-year average13.98%
ROE, 5-year average21.79%
ROCE, 5-year average29.89%
ROA, 5-year average12.93%
ROIC (approx.)29.27%
Tax rate24.73%
Other income / net worth4.76%
Growth
Sales growth (latest year)25.32%
Profit growth (latest year)72.82%
Sales CAGR, 3 years7.50%
Sales CAGR, 5 years7.85%
Profit CAGR, 3 years21.67%
Profit CAGR, 5 years7.92%
Sales growth QoQ-54.22%
Profit growth QoQ-82.44%
Sales growth YoY (latest quarter)18.70%
Profit growth YoY (latest quarter)3.16%
Per share
EPS (TTM)Rs 19.33
EPS (latest year)Rs 19.29
EPS (latest quarter)Rs 1.21
EPS, 3-year averageRs 16.78
EPS, 5-year averageRs 13.92
Book value per shareRs 77.16
Sales per shareRs 141.66
Cash flow per shareRs 43.65
Free cash flow per shareRs 39.00
Dividend per share (latest year)Rs 12.00
Dividend per share, 3-year averageRs 9.66
Dividend per share, 5-year averageRs 6.80
Dividends
Dividend payout62.20%
Dividend payout, 3-year average63.62%
Dividend payout, 5-year average48.44%
Efficiency
Asset turnover1.04x
Fixed asset turnover7.13x
Inventory turnover3.49x
Inventory days105 days
Debtor days74 days
Debtors turnover4.96x
Creditor days125 days
Cash conversion cycle76 days
Working capital days-7 days
Leverage
Cash and bankRs 16 Cr
Net debtRs -16 Cr
Net debt / EBITDA-0.35x
Interest coverage150.25x
Owners' fund to total sources57.80%
Cash flow
Cash from Operating Activity (latest year)Rs 71 Cr
Cash from Investing Activity (latest year)Rs -28 Cr
Cash from Financing Activity (latest year)Rs -29 Cr
Net Cash Flow (latest year)Rs 14 Cr
Free cash flow (latest year)Rs 63 Cr
Cash from ops / profit, 5 years1.43x
Sales to cash flow3.17x
Statement figures
Net sales (TTM)Rs 229 Cr
Net sales (latest year)Rs 224 Cr
Sales (latest quarter)Rs 32 Cr
Operating profit excl. other income (latest year)Rs 41 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 47 Cr
PBDT (TTM)Rs 47 Cr
Profit before tax (TTM)Rs 42 Cr
Tax (latest year)Rs 10 Cr
Net profit (TTM)Rs 31 Cr
Net profit (latest year)Rs 31 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 116 Cr
Total expenditure (latest year)Rs 183 Cr
Total income (latest year)Rs 230 Cr
Share capitalRs 16 Cr
ReservesRs 108 Cr
Shareholders' fundsRs 125 Cr
Total assetsRs 216 Cr
Net blockRs 31 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 81 Cr
ReceivablesRs 45 Cr
InventoryRs 33 Cr
Other liabilitiesRs 91 Cr
Shares outstanding (crore)1.62
Ownership
Promoter holding49.95% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 22.5 is at the 29th percentile of its own 9.4-year range
(median 26.3, low 10.9, high 67.9).
P/B 5.64 is at the 51th percentile (median 5.52).
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 | AXTEL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.5% | -2.8% | +1.2 pts |
| 1 month | +9.5% | -6.8% | +16.3 pts |
| 3 years | -12.6% | +14.2% | -26.8 pts |
| 5 years | +36.1% | +27.9% | +8.2 pts |
Red flags
F-score 8 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
Jun 2026Sales ₹32 Cr +18.7% vs Jun 2025.
Net profit ₹2 Cr +3.2%.
Against our estimate for Jun 2026: sales -25.8%, profit -68.6% miss. Our estimate for Sep 2026: sales Rs 103 Cr, profit Rs 15 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Indo-MIM Ltd | 61,719 | 95.6 | 25.0 % |
| Aditya Infotech Ltd | 46,814 | 98.1 | 28.6 % |
| Syrma SGS Technology Ltd | 32,638 | 87.9 | 16.8 % |
| Honeywell Automation India Ltd | 30,038 | 53.7 | 17.0 % |
| Jyoti CNC Automation Ltd | 24,091 | 74.9 | 21.3 % |
| Kaynes Technology India Ltd | 23,605 | 68.0 | 12.7 % |
| LMW Ltd | 18,115 | 99.2 | 5.58 % |
| Lloyds Engineering Works Ltd | 15,850 | 70.9 | 16.1 % |
| Tega Industries Ltd | 15,481 | 8.14 % | |
| Kennametal India Ltd | 8,878 | 45.3 | 33.2 % |
| Dynamatic Technologies Ltd | 8,873 | 151 | 10.2 % |
| Standard Engineering Technology Ltd | 8,557 | 100 | 14.7 % |
| Raymond Ltd | 7,894 | 46.9 | 3.14 % |
| Omnitech Engineering Ltd | 6,939 | 66.8 | 17.6 % |
| GMM Pfaudler Ltd | 6,641 | 52.7 | 13.6 % |
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 days
Quick answers
What is the market cap of Axtel Industries Ltd?
Axtel Industries Ltd (AXTEL) has a market capitalisation of Rs 721 Cr. at the 2026-10-01 close.
What is the P/E ratio of Axtel Industries Ltd?
Axtel Industries Ltd trades at a P/E of 23.1 on trailing twelve-month profit, at the 2026-10-01 close.
What were Axtel Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Axtel Industries Ltd sales was Rs 32 Cr (+18.7% vs Jun 2025) and net profit was Rs 2 Cr.
What is the 52-week high and low of Axtel Industries Ltd?
The 52-week high is Rs 459.90 and the 52-week low is Rs 385.00.