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 | 25.67 | 29.77 | 72.12 | 53.37 | 66.01 | 61.99 | 68.01 | 40.98 | 24.98 | 36.32 | 55.84 | 35.84 |
| Expenses | 21.39 | 24.20 | 66.79 | 49.09 | 63.84 | 55.68 | 57.93 | 38.39 | 22.85 | 30.83 | 51.17 | 31.89 |
| Operating Profit | 4.28 | 5.57 | 5.33 | 4.28 | 2.17 | 6.31 | 10.08 | 2.59 | 2.13 | 5.49 | 4.67 | 3.95 |
| OPM % | 16.67% | 18.71% | 7.39% | 8.02% | 3.29% | 10.18% | 14.82% | 6.32% | 8.53% | 15.12% | 8.36% | 11.02% |
| Other Income | 0.66 | 0.64 | 0.72 | 0.60 | 2.17 | 0.05 | 3.49 | 1.49 | 2.51 | 0.99 | 1.03 | 0.73 |
| Interest | 1.44 | 1.56 | 1.98 | 2.13 | 1.92 | 0.48 | 5.97 | 1.44 | 2.00 | 3.89 | -0.40 | 1.17 |
| Depreciation | 3.26 | 2.68 | 1.68 | 2.23 | 2.24 | 2.26 | 2.61 | 2.30 | 2.30 | 2.32 | 2.33 | 2.02 |
| Profit before tax | 0.24 | 1.97 | 2.39 | 0.52 | 0.18 | 3.62 | 4.99 | 0.34 | 0.34 | 0.27 | 3.77 | 1.49 |
| Tax % | -4.17% | 61.42% | -11.30% | 17.31% | 16.67% | 44.48% | -3.81% | 32.35% | 47.06% | 25.93% | -69.23% | 21.48% |
| Net Profit | -0.18 | 1.09 | 3.74 | 0.79 | 0.82 | 2.72 | 5.76 | 0.23 | 0.19 | 0.20 | 6.38 | 1.17 |
| EPS in Rs | 0.01 | 0.54 | 1.26 | 0.34 | 0.39 | 1.21 | 2.21 | 0.11 | 0.17 | 0.09 | 2.15 | 0.46 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 1 | 54 | 122 | 176 | 249 | 158 | 153 |
| Expenses | 1 | 46 | 102 | 151 | 229 | 143 | 137 |
| Operating Profit | 0 | 7 | 21 | 24 | 21 | 15 | 16 |
| OPM % | 19% | 13% | 17% | 14% | 8% | 9% | 11% |
| Other Income | 0 | 2 | 4 | 3 | 11 | 6 | 5 |
| Interest | 0 | 2 | 5 | 6 | 10 | 7 | 7 |
| Depreciation | 0 | 3 | 11 | 11 | 9 | 9 | 9 |
| Profit before tax | 0 | 4 | 8 | 11 | 12 | 5 | 6 |
| Tax % | 0% | 24% | 20% | 21% | 13% | -48% | |
| Net Profit | 0 | 3 | 6 | 8 | 10 | 7 | 8 |
| EPS in Rs | 0.02 | 1.27 | 2.57 | 3.44 | 4.14 | 2.52 | 2.87 |
| Dividend Payout % | 1,500% | 30% | 15% | 11% | 6% | 10% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 157% | 9% | -35% | ||
| Compounded Profit Growth | % | 263% | -1% | -27% | ||
| Stock Price CAGR | % | 16% | -28% | -17% | ||
| Return on Equity | % | 5% | 5% | 4% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 7 | 131 | 136 | 144 | 150 | 156 |
| Borrowings | 21 | 53 | 91 | 66 | 135 | 169 |
| Other Liabilities | 2 | 14 | 30 | 29 | 65 | 68 |
| Total Liabilities | 31 | 211 | 269 | 252 | 363 | 406 |
| Fixed Assets | 1 | 25 | 83 | 86 | 87 | 121 |
| CWIP | 0 | 49 | 1 | 1 | 44 | 6 |
| Investments | 0 | 22 | 23 | 23 | 0 | 0 |
| Other Assets | 30 | 114 | 162 | 141 | 232 | 279 |
| Total Assets | 31 | 211 | 269 | 252 | 363 | 406 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -17 | -39 | -28 | 28 | -64 | 40 |
| Cash from Investing Activity | 0 | -133 | -2 | 13 | -26 | -67 |
| Cash from Financing Activity | 17 | 173 | 31 | -39 | 93 | 26 |
| Net Cash Flow | 0 | 1 | 1 | 2 | 3 | -1 |
| Free Cash Flow | -17 | -39 | -28 | 28 | -64 | 40 |
| CFO/OP | -6,189% | -531% | -129% | 125% | -301% | 251% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 26 | 36 | 63 | 78 | 108 | 126 |
| Inventory Days | 0 | 281 | 302 | 160 | 93 | 257 |
| Days Payable | 15 | 69 | 50 | 48 | 65 | |
| Cash Conversion Cycle | 26 | 302 | 296 | 187 | 153 | 319 |
| Working Capital Days | -26 | 187 | 193 | 136 | 197 | 257 |
| ROCE % | 5% | 6% | 7% | 7% | 3% |
| 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 | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% |
| Public | 38.14% | 38.13% | 38.13% | 38.13% | 38.13% | 38.14% | 38.13% | 38.14% | 38.13% | 38.13% | 38.13% | 38.13% |
| No. of Shareholders | 2,065 | 2,339 | 3,011 | 3,119 | 4,647 | 5,243 | 4,875 | 4,940 | 4,941 | 4,952 | 5,491 | 5,434 |
Fundamentals
Market Cap₹ 113 Cr.
Current Price₹ 47.1
Stock P/E15.7
Book Value₹ 67.5
ROCE3.28 %
ROE3.80 %
Dividend Yield0.53 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-35%
Compounded Profit Growth (TTM)-27%
Consolidated figures.
Valuation
Market capRs 57 Cr
Enterprise valueRs 109 Cr
P/E (TTM)7.88x
Price to book0.40x
Price to sales0.37x
EV / EBITDA5.07x
EV / EBIT8.69x
EV / sales0.71x
Earnings yield12.70%
Dividend yield1.66%
Profitability
Operating margin (excl. other income)13.32%
Operating margin (incl. other income)16.27%
EBITDA margin14.05%
Pre-tax margin3.84%
Net profit margin4.70%
Net margin, latest quarter3.24%
ROE4.17%
ROCE5.36%
ROA2.62%
ROIC (approx.)4.87%
Tax rate23.92%
Other income / net worth1.10%
Growth
Sales growth (latest year)3697.16%
Profit growth (latest year)31600.00%
Sales growth QoQ-35.82%
Profit growth QoQ-78.48%
Sales growth YoY (latest quarter)-12.54%
Profit growth YoY (latest quarter)314.29%
Per share
EPS (TTM)Rs 5.75
EPS (latest year)Rs 2.53
EPS (latest quarter)Rs 0.93
Book value per shareRs 114.62
Sales per shareRs 122.29
Cash flow per shareRs -31.06
Free cash flow per shareRs 31.97
Dividend per share (latest year)Rs 0.75
Dividends
Dividend payout29.65%
Efficiency
Asset turnover0.25x
Fixed asset turnover2.10x
Inventory turnover1.49x
Inventory days245 days
Debtor days36 days
Debtors turnover10.28x
Creditor days65 days
Cash conversion cycle319 days
Working capital days257 days
Leverage
Total debtRs 53 Cr
Cash and bankRs 1 Cr
Net debtRs 52 Cr
Debt to equity0.37x
Net debt / EBITDA2.43x
Interest coverage1.88x
Owners' fund to total sources68.04%
Debt to assets25.30%
Cash flow
Cash from Operating Activity (latest year)Rs -39 Cr
Cash from Investing Activity (latest year)Rs -133 Cr
Cash from Financing Activity (latest year)Rs 173 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 40 Cr
FCFE (approx.: FCF + change in debt)Rs 73 Cr
Cash from ops / profit, 5 years-1.85x
Statement figures
Net sales (TTM)Rs 153 Cr
Net sales (latest year)Rs 54 Cr
Sales (latest quarter)Rs 36 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 22 Cr
PBDT (TTM)Rs 15 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 9 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 42 Cr
Total expenditure (latest year)Rs 46 Cr
Total income (latest year)Rs 55 Cr
Share capitalRs 13 Cr
ReservesRs 131 Cr
Shareholders' fundsRs 143 Cr
Total assetsRs 211 Cr
Net blockRs 25 Cr
Capital work in progressRs 49 Cr
InvestmentsRs 22 Cr
ReceivablesRs 5 Cr
InventoryRs 28 Cr
Other liabilitiesRs 14 Cr
Shares outstanding (crore)1.25
Ownership
Promoter holding61.87% (+0.00 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 | CFEL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.7% | -2.8% | +0.1 pts |
| 1 month | +46.6% | -6.8% | +53.4 pts |
| 3 years | -64.2% | +14.2% | -78.4 pts |
| 5 years | +101.6% | +27.9% | +73.8 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -1747% of net profit over the last 2 years |
| explain | High accruals Profit exceeded operating cash by 20% of total assets in 2026 |
| look | Share dilution Share count up 525% in a year |
| look | On NSE surveillance On NSE surveillance: ESM |
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 ₹36 Cr -12.5% vs Jun 2025.
Net profit ₹1 Cr +408.7%.
Activity
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| Shiv Aum Steels Ltd | 742 | 77.9 | 8.20 % |
| State Trading Corporation of India Ltd | 644 | 13.3 | % |
| Arvaya Healthcare Ltd | 600 | 451 | % |
| SMT Engineering Ltd | 596 | 24.3 | 25.4 % |
| HP Telecom India Ltd | 528 | 20.7 | 19.9 % |
| Riddhi Siddhi Gluco Biols Ltd | 527 | 37.2 | 2.74 % |
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No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-23 | Dividend - Re 0.25 Per Share |
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.
ESM: stage 1