Price
Financials
Consolidated, 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 | 63 | 81 | 93 | 92 | 99 | 114 | 122 | 144 | 151 | 172 | 185 | 204 |
| Expenses | 100 | 91 | 180 | 84 | 84 | 84 | 82 | 103 | 115 | 127 | 140 | 154 |
| Operating Profit | -37 | -11 | -87 | 8 | 15 | 30 | 40 | 40 | 37 | 45 | 45 | 50 |
| OPM % | -59% | -13% | -93% | 9% | 15% | 26% | 33% | 28% | 24% | 26% | 24% | 24% |
| Other Income | -4 | -2 | 3 | 28 | -276 | -69 | 9 | 16 | 16 | 13 | 14 | 16 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 6 | 6 | 6 | 7 | 7 | 8 | 12 | 9 | 12 | 14 | 17 | 23 |
| Profit before tax | -48 | -19 | -91 | 29 | -269 | -48 | 35 | 46 | 39 | 42 | 40 | 42 |
| Tax % | 0% | 1% | -0% | 0% | 0% | 0% | -696% | 26% | 25% | 25% | -63% | -0% |
| Net Profit | -48 | -20 | -91 | 29 | -269 | -48 | 280 | 34 | 29 | 32 | 66 | 42 |
| EPS in Rs | -4,719.80 | -1,939.60 | -8,985.15 | 2,838.61 | -26,680.20 | -2.72 | 15.79 | 1.88 | 1.62 | 1.75 | 3.62 | 2.32 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 867 | 119 | 176 | 297 | 427 | 652 | 713 |
| Expenses | 1,066 | 350 | 407 | 455 | 333 | 485 | 536 |
| Operating Profit | -200 | -231 | -232 | -158 | 93 | 167 | 176 |
| OPM % | -23% | -194% | -132% | -53% | 22% | 26% | 25% |
| Other Income | 26 | -17 | -34 | -7 | -308 | 59 | 59 |
| Interest | 57 | 21 | 4 | 3 | 4 | 6 | 6 |
| Depreciation | 11 | 15 | 20 | 25 | 34 | 53 | 66 |
| Profit before tax | -241 | -284 | -290 | -194 | -253 | 167 | 164 |
| Tax % | 0% | 0% | 0% | 0% | -97% | 4% | |
| Net Profit | -241 | -285 | -290 | -194 | -9 | 160 | 169 |
| EPS in Rs | -23,904.95 | -28,174.26 | -28,762.38 | -19,202.97 | -0.49 | 8.82 | 9.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | -6% | 55% | 49% | ||
| Compounded Profit Growth | % | 22% | 37% | -53% | ||
| Stock Price CAGR | % | % | % | 0% | ||
| Return on Equity | % | -8% | 13% | 12% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 18 | 18 |
| Reserves | 271 | 585 | 353 | 311 | 1,220 | 1,404 |
| Borrowings | 394 | 201 | 178 | 184 | 38 | 59 |
| Other Liabilities | 99 | 113 | 124 | 159 | 157 | 255 |
| Total Liabilities | 765 | 900 | 654 | 654 | 1,433 | 1,736 |
| Fixed Assets | 15 | 21 | 31 | 39 | 45 | 116 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 |
| Investments | 50 | 236 | 211 | 60 | 57 | 50 |
| Other Assets | 699 | 642 | 413 | 555 | 1,331 | 1,567 |
| Total Assets | 765 | 900 | 654 | 654 | 1,433 | 1,736 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 60 | -78 | -119 | 45 | 58 | 169 |
| Cash from Investing Activity | 178 | -219 | 169 | 19 | -467 | -171 |
| Cash from Financing Activity | -213 | 282 | -37 | -14 | 384 | -11 |
| Net Cash Flow | 24 | -15 | 13 | 50 | -25 | -13 |
| Free Cash Flow | 55 | -100 | -144 | 21 | 15 | 58 |
| CFO/OP | -18% | 36% | 53% | -24% | 50% | 111% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 119 | 656 | 263 | 26 | 23 | 15 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 119 | 656 | 263 | 26 | 23 | 15 |
| Working Capital Days | -2 | 296 | -176 | -204 | 10 | -22 |
| ROCE % | -29% | -36% | -32% | 11% | 13% |
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Promoters | 27.84% | 27.70% | 27.43% | 27.19% | 25.12% | 25.05% | 25.00% |
| FIIs | 11.73% | 11.59% | 20.52% | 26.20% | 28.25% | 32.45% | 31.47% |
| DIIs | 9.98% | 10.26% | 13.48% | 14.33% | 13.23% | 10.83% | 14.38% |
| Public | 50.45% | 50.44% | 38.56% | 32.27% | 33.42% | 31.67% | 29.14% |
| No. of Shareholders | 33,737 | 28,943 | 39,118 | 61,618 | 82,857 | 82,331 | 79,449 |
Fundamentals
Market Cap₹ 11,343 Cr.
Current Price₹ 622
Stock P/E66.1
Book Value₹ 78.2
ROCE12.8 %
ROE12.2 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)49%
Compounded Profit Growth (TTM)-53%
Consolidated figures.
Valuation
Market capRs 11,047 Cr
Enterprise valueRs 11,057 Cr
P/E (TTM)65.43x
Price to book18.88x
Price to sales15.50x
EV / EBITDA47.00x
EV / EBIT65.27x
EV / sales15.52x
Earnings yield1.53%
Profitability
Operating margin (excl. other income)-193.58%
Operating margin (incl. other income)-208.18%
EBITDA margin33.01%
Pre-tax margin23.00%
Net profit margin23.69%
Net margin, latest quarter20.65%
ROE-66.48%
ROCE-36.32%
ROA-34.19%
ROIC (approx.)28.47%
Tax rate-0.08%
Other income / net worth-2.98%
Growth
Sales growth (latest year)-86.23%
Sales growth QoQ10.11%
Profit growth QoQ-35.84%
Sales growth YoY (latest quarter)42.17%
Profit growth YoY (latest quarter)25.13%
Per share
EPS (TTM)Rs 9.26
EPS (latest year)Rs -27,718.68
EPS (latest quarter)Rs 2.31
Book value per shareRs 32.10
Sales per shareRs 39.10
Cash flow per shareRs -4.29
Free cash flow per shareRs 3.18
Efficiency
Asset turnover0.13x
Fixed asset turnover5.60x
Debtor days656 days
Debtors turnover0.56x
Cash conversion cycle15 days
Working capital days-22 days
Leverage
Total debtRs 201 Cr
Cash and bankRs 191 Cr
Net debtRs 10 Cr
Debt to equity0.34x
Net debt / EBITDA0.04x
Interest coverage30.52x
Current ratio (filing 2026-03-31)3.33x
Quick ratio (filing 2026-03-31)3.33x
Trade payables (filing 2026-03-31)Rs 38 Cr
Owners' fund to total sources65.03%
Debt to assets22.39%
Cash flow
Cash from Operating Activity (latest year)Rs -78 Cr
Cash from Investing Activity (latest year)Rs -219 Cr
Cash from Financing Activity (latest year)Rs 282 Cr
Net Cash Flow (latest year)Rs -15 Cr
Free cash flow (latest year)Rs 58 Cr
FCFE (approx.: FCF + change in debt)Rs -135 Cr
Statement figures
Net sales (TTM)Rs 713 Cr
Net sales (latest year)Rs 119 Cr
Sales (latest quarter)Rs 204 Cr
Operating profit excl. other income (latest year)Rs -231 Cr
Operating profit (latest quarter)Rs 50 Cr
Other income (TTM)Rs 59 Cr
EBITDA (TTM)Rs 235 Cr
PBDT (TTM)Rs 230 Cr
Profit before tax (TTM)Rs 164 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 169 Cr
Net profit (latest year)Rs -285 Cr
Net profit (latest quarter)Rs 42 Cr
Depreciation (TTM)Rs 66 Cr
Depreciation (latest quarter)Rs 23 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 350 Cr
Total income (latest year)Rs 102 Cr
Share capitalRs 0 Cr
ReservesRs 585 Cr
Shareholders' fundsRs 585 Cr
Total assetsRs 900 Cr
Net blockRs 21 Cr
InvestmentsRs 236 Cr
ReceivablesRs 215 Cr
Other liabilitiesRs 113 Cr
Shares outstanding (crore)18.22
Ownership
Promoter holding25.00% (-2.43 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | BLACKBUCK | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.2% | -2.8% | +5.0 pts |
| 1 month | +4.5% | -6.8% | +11.2 pts |
| 3 months | +10.4% | -7.6% | +18.0 pts |
| 6 months | +5.1% | +0.4% | +4.7 pts |
| 1 year | -1.0% | -9.9% | +9.0 pts |
40 mutual fund schemes hold about ₹1,297 Cr.
Over three months 8 bought more and 12 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| SBI Innovative Opportunities Fund | 4.32% | 225 | -5% |
| Quant Small Cap Fund | 0.48% | 172 | +25% |
| Invesco India Contra Fund | 0.64% | 132 | -5% |
| SBI Technology Opp Fund | 2.91% | 131 | -9% |
| ICICI Pru Innovation Fund | 1.25% | 98 | -13% |
| Quant Infrastructure Fund | 2.96% | 94 | +3% |
| ICICI Pru Technology Fund | 0.43% | 59 | -7% |
| PGIM India Flexi Cap Fund | 0.80% | 48 | -1% |
| Quant Value Fund | 2.18% | 42 | +0% |
| Mirae Asset Small Cap Fund | 0.60% | 34 | -14% |
| Mahindra Manulife Large & Mid Cap Fund | 0.89% | 26 | -4% |
| Axis Innovation Fund | 1.88% | 26 | -11% |
| Bajaj Finserv Small Cap Fund | 0.93% | 25 | +177% |
| Quant ESG Integration Strategy Fund | 5.57% | 19 | +0% |
| Mirae Asset Multi Asset Allocation Fund | 0.45% | 16 | -5% |
| PGIM India Small Cap Fund | 0.90% | 16 | -7% |
| Motilal Oswal Nifty Microcap 250 Index Fund | 0.65% | 16 | -5% |
| Bandhan Small Cap Fund | 0.04% | 13 | -16% |
| Mirae Asset Infrastructure Fund | 2.50% | 12 | +16% |
| Bandhan Balanced Advantage Fund | 0.51% | 12 | -2% |
| Bandhan Innovation Fund | 0.41% | 11 | -33% |
| Quant Teck Fund | 3.96% | 10 | -54% |
| ICICI Pru Transportation and Logistics Fund | 0.22% | 9 | +7% |
| Bandhan Infrastructure Fund | 0.60% | 9 | +6% |
| Mirae Asset Balanced Advantage Fund | 0.40% | 9 | -1% |
Red flags
F-score 3 of 8| explain | Receivables outrunning sales Receivables grew -24% vs sales -86% in 2026 |
| look | Repeated losses Net loss in each of the last two years |
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 ₹204 Cr +41.7% vs Jun 2025.
Net profit ₹42 Cr +23.5%.
Against our estimate for Jun 2026: sales -6.3%, profit -9.9% in line. Our estimate for Sep 2026: sales Rs 221 Cr, profit Rs 44 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Kernex Microsystems (India) Ltd | 2,934 | 15.4 | 47.8 % |
No bulk or block deals on record.
No corporate actions on record.
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.
Scrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Blackbuck Ltd?
Blackbuck Ltd (BLACKBUCK) has a market capitalisation of Rs 11,343 Cr. at the 2026-10-01 close.
What is the P/E ratio of Blackbuck Ltd?
Blackbuck Ltd trades at a P/E of 66.1 on trailing twelve-month profit, at the 2026-10-01 close.
What were Blackbuck Ltd's latest quarterly results?
In the Jun 2026 quarter, Blackbuck Ltd sales was Rs 204 Cr (+41.7% vs Jun 2025) and net profit was Rs 42 Cr.
What is the 52-week high and low of Blackbuck Ltd?
The 52-week high is Rs 748.00 and the 52-week low is Rs 496.00.