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 | 489 | 527 | 512 | 501 | 490 | 557 | 589 | 529 | 587 | 554 | 654 | 527 |
| Expenses | 369 | 395 | 380 | 372 | 371 | 430 | 454 | 420 | 460 | 448 | 525 | 428 |
| Operating Profit | 120 | 132 | 133 | 129 | 119 | 127 | 135 | 109 | 128 | 106 | 129 | 99 |
| OPM % | 25% | 25% | 26% | 26% | 24% | 23% | 23% | 21% | 22% | 19% | 20% | 19% |
| Other Income | 11 | 4 | 7 | 6 | 13 | 12 | 13 | 17 | 14 | 9 | 8 | 18 |
| Interest | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 |
| Depreciation | 13 | 15 | 18 | 14 | 15 | 15 | 18 | 19 | 20 | 20 | 20 | 22 |
| Profit before tax | 118 | 121 | 121 | 120 | 117 | 124 | 130 | 108 | 121 | 94 | 116 | 95 |
| Tax % | 26% | 25% | 21% | 26% | 26% | 26% | 26% | 25% | 25% | 26% | 23% | 22% |
| Net Profit | 87 | 91 | 96 | 89 | 87 | 92 | 96 | 81 | 91 | 69 | 90 | 73 |
| EPS in Rs | 4.10 | 4.00 | 4.18 | 3.89 | 3.70 | 3.91 | 3.99 | 3.31 | 3.88 | 2.88 | 4.08 | 3.25 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 1,049 | 1,359 | 1,797 | 2,000 | 2,136 | 2,324 | 2,321 |
| Expenses | 773 | 1,026 | 1,376 | 1,491 | 1,626 | 1,852 | 1,860 |
| Operating Profit | 277 | 334 | 421 | 509 | 510 | 471 | 461 |
| OPM % | 26% | 25% | 23% | 25% | 24% | 20% | 20% |
| Other Income | 10 | 16 | 17 | 25 | 45 | 48 | 48 |
| Interest | 2 | 3 | 2 | 3 | 1 | 2 | 2 |
| Depreciation | 49 | 48 | 50 | 57 | 62 | 78 | 81 |
| Profit before tax | 236 | 299 | 385 | 475 | 491 | 440 | 427 |
| Tax % | 30% | 27% | 26% | 25% | 26% | 25% | |
| Net Profit | 166 | 220 | 285 | 356 | 365 | 332 | 324 |
| EPS in Rs | 151,200.00 | 204,000.00 | 13.65 | 15.60 | 16.50 | 15.01 | 14.09 |
| Dividend Payout % | 0% | 0% | 62% | 10% | 9% | 10% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 17% | 9% | 7% | ||
| Compounded Profit Growth | % | 17% | 8% | -3% | ||
| Stock Price CAGR | % | % | % | -42% | ||
| Return on Equity | % | % | 20% | 13% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 98 | 106 | 110 | 110 |
| Reserves | -107 | 88 | 239 | 1,043 | 2,298 | 2,591 |
| Borrowings | 334 | 463 | 335 | 371 | 5 | 38 |
| Other Liabilities | 917 | 780 | 875 | 450 | 226 | 263 |
| Total Liabilities | 1,144 | 1,331 | 1,547 | 1,970 | 2,640 | 3,002 |
| Fixed Assets | 259 | 259 | 272 | 362 | 616 | 711 |
| CWIP | 4 | 15 | 26 | 180 | 19 | 66 |
| Investments | 120 | 150 | 177 | 170 | 600 | 620 |
| Other Assets | 761 | 908 | 1,073 | 1,258 | 1,406 | 1,606 |
| Total Assets | 1,144 | 1,331 | 1,547 | 1,970 | 2,640 | 3,002 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 194 | 187 | 227 | 231 | 262 | 255 |
| Cash from Investing Activity | -53 | -262 | -557 | -256 | -553 | -176 |
| Cash from Financing Activity | -133 | 94 | 324 | 26 | 311 | -5 |
| Net Cash Flow | 8 | 20 | -6 | 2 | 20 | 75 |
| Free Cash Flow | 169 | 136 | 124 | -22 | 98 | 37 |
| CFO/OP | 95% | 81% | 78% | 68% | 75% | 77% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 129 | 109 | 94 | 111 | 112 | 118 |
| Inventory Days | 236 | 233 | 197 | 199 | 210 | 191 |
| Days Payable | 76 | 78 | 62 | 62 | 51 | 54 |
| Cash Conversion Cycle | 290 | 265 | 230 | 248 | 271 | 255 |
| Working Capital Days | -120 | -57 | 90 | 108 | 184 | 185 |
| ROCE % | 53% | 48% | 36% | 24% | 17% |
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 78.06% | 78.06% | 78.06% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 73.50% |
| FIIs | 3.02% | 4.43% | 5.88% | 7.70% | 7.47% | 6.51% | 5.38% | 5.55% | 5.41% | 5.52% | 3.23% | 2.26% |
| DIIs | 12.75% | 12.44% | 12.08% | 13.57% | 13.54% | 13.80% | 14.62% | 14.03% | 13.37% | 12.73% | 15.14% | 14.56% |
| Public | 6.17% | 5.07% | 3.98% | 3.73% | 3.97% | 4.69% | 4.99% | 5.41% | 6.22% | 6.74% | 6.61% | 9.67% |
| No. of Shareholders | 1,51,407 | 1,32,505 | 1,17,810 | 1,18,258 | 1,17,627 | 1,22,650 | 1,23,494 | 1,23,278 | 1,22,057 | 1,20,736 | 1,22,084 | 1,38,648 |
Fundamentals
Market Cap₹ 7,518 Cr.
Current Price₹ 333
Stock P/E23.6
Book Value₹ 122
ROCE17.4 %
ROE13.2 %
Dividend Yield0.45 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)-3%
Consolidated figures.
Valuation
Market capRs 7,287 Cr
Enterprise valueRs 7,695 Cr
P/E (TTM)23.30x
Price to book83.14x
Price to sales3.14x
EV / EBITDA15.10x
EV / EBIT17.94x
EV / sales3.31x
Price to cash flow38.91x
Earnings yield4.29%
Dividend yield0.00%
Profitability
Operating margin (excl. other income)24.54%
Operating margin (incl. other income)25.71%
EBITDA margin21.96%
Pre-tax margin18.39%
Net profit margin13.48%
Net margin, latest quarter13.94%
ROE-2136.13%
ROCE77.63%
ROA16.48%
ROIC (approx.)63.47%
Tax rate26.61%
Other income / net worth18.17%
Growth
Sales growth (latest year)29.51%
Profit growth (latest year)34.92%
Sales growth QoQ-19.41%
Profit growth QoQ-18.55%
Sales growth YoY (latest quarter)-0.43%
Profit growth YoY (latest quarter)0.52%
Per share
EPS (TTM)Rs 13.87
EPS (latest year)Rs 204,000.00
EPS (latest quarter)Rs 3.25
Book value per shareRs 3.89
Sales per shareRs 102.93
Cash flow per shareRs 8.30
Free cash flow per shareRs 1.64
Dividend per share (latest year)Rs 10.00
Dividends
Dividend payout0.00%
Efficiency
Asset turnover1.02x
Fixed asset turnover5.26x
Inventory turnover2.06x
Inventory days177 days
Debtor days109 days
Debtors turnover3.34x
Creditor days54 days
Cash conversion cycle255 days
Working capital days185 days
Leverage
Total debtRs 463 Cr
Cash and bankRs 55 Cr
Net debtRs 408 Cr
Debt to equity5.28x
Net debt / EBITDA0.80x
Interest coverage215.50x
Current ratio (filing 2026-03-31)8.10x
Quick ratio (filing 2026-03-31)6.11x
Trade payables (filing 2026-03-31)Rs 152 Cr
Owners' fund to total sources6.59%
Debt to assets34.78%
Cash flow
Cash from Operating Activity (latest year)Rs 187 Cr
Cash from Investing Activity (latest year)Rs -262 Cr
Cash from Financing Activity (latest year)Rs 94 Cr
Net Cash Flow (latest year)Rs 20 Cr
Free cash flow (latest year)Rs 37 Cr
FCFE (approx.: FCF + change in debt)Rs 166 Cr
Cash from ops / profit, 5 years0.75x
Sales to cash flow7.26x
Statement figures
Net sales (TTM)Rs 2,321 Cr
Net sales (latest year)Rs 1,359 Cr
Sales (latest quarter)Rs 527 Cr
Operating profit excl. other income (latest year)Rs 334 Cr
Operating profit (latest quarter)Rs 99 Cr
Other income (TTM)Rs 48 Cr
EBITDA (TTM)Rs 510 Cr
PBDT (TTM)Rs 508 Cr
Profit before tax (TTM)Rs 427 Cr
Tax (latest year)Rs 80 Cr
Net profit (TTM)Rs 313 Cr
Net profit (latest year)Rs 204 Cr
Net profit (latest quarter)Rs 73 Cr
Depreciation (TTM)Rs 81 Cr
Depreciation (latest quarter)Rs 22 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 775 Cr
Total expenditure (latest year)Rs 1,026 Cr
Total income (latest year)Rs 1,375 Cr
Share capitalRs 0 Cr
ReservesRs 88 Cr
Shareholders' fundsRs 88 Cr
Total assetsRs 1,331 Cr
Net blockRs 259 Cr
Capital work in progressRs 15 Cr
InvestmentsRs 150 Cr
ReceivablesRs 407 Cr
InventoryRs 377 Cr
Other liabilitiesRs 780 Cr
Shares outstanding (crore)22.55
Ownership
Promoter holding73.50% (-1.50 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 | CELLO | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.9% | -2.8% | -2.1 pts |
| 1 month | -7.5% | -6.8% | -0.7 pts |
| 3 months | -11.9% | -7.6% | -4.3 pts |
| 6 months | -16.8% | +0.4% | -17.2 pts |
| 1 year | -44.9% | -9.9% | -35.0 pts |
| 2 years | -63.0% | -13.6% | -49.5 pts |
15 mutual fund schemes hold about ₹562 Cr.
Over three months 2 bought more and 2 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Tata Small Cap Fund | 2.72% | 356 | +9% |
| Kotak Small Cap Fund | 0.59% | 117 | +3% |
| Canara Rob Large and Mid Cap Fund | 0.21% | 55 | +4% |
| HSBC Small Cap Fund | 0.07% | 14 | +1% |
| HDFC Manufacturing Fund | 0.11% | 11 | +4% |
| HDFC Large & Mid Cap Fund | 0.01% | 4 | +6% |
| Motilal Oswal Nifty Microcap 250 Index Fund | 0.16% | 4 | +1% |
| Groww Nifty Total Market Index Fund | 0.01% | 0 | -1% |
| HDFC BSE 500 Index Fund | 0.01% | 0 | +1% |
| Aditya Birla SL Bal Bhavishya Yojna | 0.00% | 0 | -100% |
| Aditya Birla SL Consumption Fund | 0.00% | 0 | -100% |
| Angel One Nifty Total Market Index Fund | 0.01% | 0 | -1% |
| Mirae Asset Nifty Total Market Index Fund | 0.01% | 0 | -1% |
| Bandhan Nifty Total Market Index Fund | 0.01% | 0 | -1% |
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 | +1% |
Red flags
F-score 5 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 ₹527 Cr -0.4% vs Jun 2025.
Net profit ₹73 Cr -9.9%.
Against our estimate for Jun 2026: sales -5.3%, profit -9.8% miss. Our estimate for Sep 2026: sales Rs 618 Cr, profit Rs 85 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Hawkins Cookers Ltd | 4,181 | 30.8 | 40.9 % |
| Borosil Ltd | 3,299 | 45.2 | 11.1 % |
| All Time Plastics Ltd | 1,262 | 33.1 | 11.6 % |
| Clay Craft India Ltd | 346 | 12.9 | 20.0 % |
| Maruti Interior Products Ltd | 230 | 25.8 | 21.2 % |
| Inflame Appliances Ltd | 175 | 30.2 | 12.3 % |
| Gothi Plascon (India) Ltd | 42 | 19.5 | 20.7 % |
| Riddhi Display Equipments Ltd | 25 | 5.78 | 20.2 % |
| Gorani Industries Ltd | 22 | 153 | 7.95 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-07-31 | Dividend - Rs 1.50 Per Share | |
| 2025-08-01 | Dividend - Rs 1.50 Per Share | |
| 2024-08-02 | Annual General Meeting/Dividend - Rs 1.50 Per Sh |
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 Cello World Ltd?
Cello World Ltd (CELLO) has a market capitalisation of Rs 7,518 Cr. at the 2026-10-01 close.
What is the P/E ratio of Cello World Ltd?
Cello World Ltd trades at a P/E of 23.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were Cello World Ltd's latest quarterly results?
In the Jun 2026 quarter, Cello World Ltd sales was Rs 527 Cr (-0.4% vs Jun 2025) and net profit was Rs 73 Cr.
What is the 52-week high and low of Cello World Ltd?
The 52-week high is Rs 673.80 and the 52-week low is Rs 314.60.