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 | 194.09 | 143.08 | 179.13 | 119.31 | 96.72 | 120.27 | 85.15 | 103.35 | 121.89 | 93.29 | 111.50 | 152.85 |
| Expenses | 185.17 | 138.88 | 167.33 | 117.92 | 89.26 | 110.59 | 84.71 | 95.81 | 113.80 | 83.55 | 104.98 | 141.58 |
| Operating Profit | 8.92 | 4.20 | 11.80 | 1.39 | 7.46 | 9.68 | 0.44 | 7.54 | 8.09 | 9.74 | 6.52 | 11.27 |
| OPM % | 4.60% | 2.94% | 6.59% | 1.17% | 7.71% | 8.05% | 0.52% | 7.30% | 6.64% | 10.44% | 5.85% | 7.37% |
| Other Income | 5.60 | 8.37 | 4.97 | 3.95 | 4.60 | 3.07 | 13.58 | 2.98 | 2.49 | 0.98 | 3.07 | -0.07 |
| Interest | 7.57 | 7.15 | 7.39 | 5.33 | 5.87 | 5.18 | 4.44 | 4.64 | 4.54 | 4.78 | 3.84 | 4.08 |
| Depreciation | 5.53 | 5.40 | 5.33 | 5.23 | 5.14 | 5.10 | 4.50 | 4.21 | 4.23 | 4.42 | 4.32 | 4.43 |
| Profit before tax | 1.42 | 0.02 | 4.05 | -5.22 | 1.05 | 2.47 | 5.08 | 1.67 | 1.81 | 1.52 | 1.43 | 2.69 |
| Tax % | 35.21% | 50.00% | 24.69% | -71.07% | 29.52% | 34.82% | 37.01% | -38.92% | 36.46% | 35.53% | 36.36% | -0.00% |
| Net Profit | 0.92 | 0.02 | 3.05 | -1.51 | 0.74 | 1.61 | 3.21 | 2.32 | 1.15 | 0.99 | 0.92 | 2.69 |
| EPS in Rs | 0.39 | 0.01 | 1.31 | -0.65 | 0.32 | 0.69 | 1.38 | 1.00 | 0.49 | 0.42 | 0.39 | 1.15 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 621 | 704 | 650 | 771 | 768 | 568 | 909 | 683 | 715 | 421 | 430 | 480 |
| Expenses | 580 | 666 | 615 | 735 | 725 | 529 | 830 | 646 | 683 | 402 | 398 | 444 |
| Operating Profit | 41 | 38 | 35 | 36 | 43 | 39 | 79 | 37 | 32 | 19 | 32 | 36 |
| OPM % | 7% | 5% | 5% | 4.7% | 6% | 7% | 9% | 5% | 4.5% | 4.5% | 7% | 7% |
| Other Income | 0 | 1 | 2 | 2 | 3 | 7 | 3 | 14 | 25 | 25 | 10 | 6 |
| Interest | 13 | 13 | 11 | 14 | 34 | 31 | 29 | 26 | 30 | 21 | 18 | 17 |
| Depreciation | 13 | 12 | 8 | 12 | 23 | 24 | 24 | 23 | 22 | 20 | 17 | 17 |
| Profit before tax | 15 | 14 | 18 | 12 | -11 | -9 | 29 | 2 | 6 | 3 | 6 | 7 |
| Tax % | 32% | 35% | 34% | 32% | -38% | -29% | 37% | 58% | 16% | -59% | 17% | |
| Net Profit | 10 | 9 | 12 | 8 | -7 | -6 | 18 | 1 | 5 | 5 | 5 | 6 |
| EPS in Rs | 4.66 | 4.06 | 5.25 | 3.76 | -2.98 | -2.66 | 7.88 | 0.34 | 2.24 | 2.32 | 2.30 | 2.45 |
| Dividend Payout % | 29% | 34% | 29% | 20% | -0% | -0% | 6% | -0% | -0% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -4% | -5% | -14% | 18% | ||
| Compounded Profit Growth | -10% | 18% | 120% | -27% | ||
| Stock Price CAGR | -3% | -10% | -18% | -23% | ||
| Return on Equity | 2% | 3% | 0% | 2% |
| 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 | 9 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 73 | 77 | 87 | 94 | 99 | 86 | 85 | 104 | 103 | 108 | 132 | 136 |
| Borrowings | 112 | 97 | 106 | 171 | 332 | 361 | 331 | 315 | 298 | 266 | 188 | 168 |
| Other Liabilities | 18 | 15 | 12 | 19 | 33 | 41 | 18 | 20 | 35 | 33 | 20 | 27 |
| Total Liabilities | 212 | 201 | 216 | 295 | 475 | 500 | 446 | 451 | 448 | 418 | 352 | 342 |
| Fixed Assets | 81 | 69 | 66 | 106 | 251 | 263 | 237 | 216 | 204 | 192 | 144 | 137 |
| CWIP | -0 | -0 | -0 | 9 | 12 | 2 | 1 | -0 | 3 | 1 | 0 | -0 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Other Assets | 131 | 132 | 149 | 180 | 212 | 236 | 208 | 235 | 241 | 225 | 208 | 205 |
| Total Assets | 212 | 201 | 216 | 295 | 475 | 500 | 446 | 451 | 448 | 418 | 352 | 342 |
| 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 | 54 | 29 | 13 | 18 | 10 | 26 | 47 | 46 | 60 | 70 | 37 | 46 |
| Cash from Investing Activity | -7 | -0 | -10 | -70 | -153 | -17 | 7 | 0 | -17 | -8 | 42 | -7 |
| Cash from Financing Activity | -47 | -29 | -3 | 51 | 143 | -10 | -54 | -45 | -44 | -62 | -79 | -38 |
| Net Cash Flow | 0 | -0 | 0 | 0 | -0 | -1 | 0 | 1 | -1 | -0 | -0 | -0 |
| Free Cash Flow | 47 | 28 | 3 | -49 | -151 | 8 | 54 | 47 | 46 | 64 | 80 | 37 |
| CFO/OP | 121% | 89% | 49% | 66% | 37% | 61% | 121% | 64% | 166% | 220% | 196% | 146% |
| 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 | 41 | 42 | 38 | 53 | 40 | 47 | 52 | 41 | 44 | 33 | 42 | 32 |
| Inventory Days | 38 | 37 | 39 | 34 | 42 | 60 | 64 | 45 | 76 | 74 | 119 | 124 |
| Days Payable | 7 | 5 | 3 | 7 | 12 | 22 | 12 | 5 | 15 | 14 | 14 | 20 |
| Cash Conversion Cycle | 72 | 73 | 74 | 79 | 69 | 85 | 104 | 81 | 106 | 93 | 148 | 137 |
| Working Capital Days | 16 | 24 | 27 | 30 | 20 | 16 | 34 | 32 | 28 | 14 | 48 | 49 |
| ROCE % | 18% | 15% | 14% | 12% | 7% | 5% | 4% | 13% | 6% | 8% | 3% | 7% |
| 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 | 70.63% | 70.63% | 70.45% | 70.38% | 70.33% | 70.33% | 70.33% | 70.27% | 70.21% | 70.22% | 70.17% | 70.13% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 29.36% | 29.36% | 29.55% | 29.62% | 29.67% | 29.66% | 29.65% | 29.75% | 29.78% | 29.79% | 29.82% | 29.87% |
| No. of Shareholders | 6,973 | 6,951 | 8,207 | 8,092 | 8,296 | 8,403 | 8,372 | 8,370 | 8,281 | 8,165 | 8,099 | 7,959 |
Fundamentals
Market Cap₹ 60.7 Cr.
Current Price₹ 26.0
Stock P/E10.5
Book Value₹ 63.5
ROCE7.06 %
ROE2.41 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)18%
Compounded Profit Growth (TTM)-27%
Standalone figures.
Valuation
Market capRs 62 Cr
Enterprise valueRs 229 Cr
P/E (TTM)10.77x
Price to book0.42x
Price to sales0.13x
EV / EBITDA5.44x
EV / EBIT9.27x
EV / sales0.48x
Price to cash flow1.36x
Earnings yield9.28%
P/E, 3-year average13.47x
P/B, 3-year average0.54x
P/E, 5-year average32.18x
P/B, 5-year average0.72x
Profitability
Operating margin (excl. other income)7.42%
Operating margin (incl. other income)9.63%
EBITDA margin8.78%
Pre-tax margin1.55%
Net profit margin1.20%
Net margin, latest quarter1.76%
ROE3.68%
ROCE7.49%
ROA1.55%
ROE, 3-year average4.07%
ROCE, 3-year average7.74%
ROA, 3-year average1.38%
ROE, 5-year average6.04%
ROCE, 5-year average8.66%
ROA, 5-year average1.69%
ROIC (approx.)6.54%
Tax rate16.61%
Other income / net worth6.44%
Growth
Sales growth (latest year)2.04%
Profit growth (latest year)-0.56%
Sales CAGR, 3 years-14.28%
Sales CAGR, 5 years-5.40%
Profit CAGR, 3 years88.64%
Sales growth QoQ37.09%
Profit growth QoQ192.39%
Sales growth YoY (latest quarter)47.90%
Profit growth YoY (latest quarter)15.95%
Per share
EPS (TTM)Rs 2.47
EPS (latest year)Rs 2.30
EPS (latest quarter)Rs 1.15
EPS, 3-year averageRs 2.29
EPS, 5-year averageRs 3.02
Book value per shareRs 63.46
Sales per shareRs 205.81
Cash flow per shareRs 19.58
Free cash flow per shareRs 15.88
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 5-year average6.32%
Efficiency
Asset turnover1.26x
Fixed asset turnover3.14x
Inventory turnover3.16x
Inventory days116 days
Debtor days32 days
Debtors turnover11.34x
Creditor days20 days
Cash conversion cycle137 days
Working capital days49 days
Leverage
Total debtRs 168 Cr
Cash and bankRs 1 Cr
Net debtRs 167 Cr
Debt to equity1.13x
Net debt / EBITDA3.97x
Interest coverage1.43x
Owners' fund to total sources43.21%
Debt to assets48.96%
Cash flow
Cash from Operating Activity (latest year)Rs 46 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs -38 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 37 Cr
FCFE (approx.: FCF + change in debt)Rs 16 Cr
Cash from ops / profit, 5 years7.62x
Sales to cash flow9.43x
Statement figures
Net sales (TTM)Rs 480 Cr
Net sales (latest year)Rs 430 Cr
Sales (latest quarter)Rs 153 Cr
Operating profit excl. other income (latest year)Rs 32 Cr
Operating profit (latest quarter)Rs 11 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 42 Cr
PBDT (TTM)Rs 25 Cr
Profit before tax (TTM)Rs 7 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 6 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 17 Cr
Cost of goods sold (latest year)Rs 357 Cr
Total expenditure (latest year)Rs 398 Cr
Total income (latest year)Rs 440 Cr
Share capitalRs 12 Cr
ReservesRs 136 Cr
Shareholders' fundsRs 148 Cr
Total assetsRs 342 Cr
Net blockRs 137 Cr
ReceivablesRs 38 Cr
InventoryRs 113 Cr
Other liabilitiesRs 27 Cr
Shares outstanding (crore)2.33
Ownership
Promoter holding70.13% (-0.14 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 10.8 is at the 51th percentile of its own 7.4-year range
(median 10.7, low 4.9, high 166.6).
P/B 0.42 is at the 4th percentile (median 0.89).
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 | DAMODARIND | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.1% | -2.8% | -4.3 pts |
| 1 month | -4.5% | -6.8% | +2.3 pts |
| 3 months | -17.2% | -7.6% | -9.5 pts |
| 6 months | +32.9% | +0.4% | +32.5 pts |
| 1 year | -26.5% | -9.9% | -16.6 pts |
| 2 years | -44.0% | -13.6% | -30.5 pts |
| 3 years | -45.7% | +14.2% | -59.9 pts |
| 5 years | -44.5% | +27.9% | -72.4 pts |
Red flags
F-score 8 of 8| explain | Low interest cover Interest cover 1.4x in 2026 |
| look | Profit leans on other income Other income was 148% of pre-tax profit in 2026 |
| 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.
Insider trades
NSE insider and takeover-code disclosures| Date | Who | Role | Side | Shares | Value | How |
|---|---|---|---|---|---|---|
| 2026-09-24 | CALVES N LEAVES INITIATIVES PRIVAT | Promoter group | sell | 6 | SAST Open Market | |
| 2026-09-23 | Manju Biyani | Promoter group | buy | 4,000 | SAST Open Market | |
| 2026-09-23 | CALVES N LEAVES INITIATIVES PRIVAT | Promoter group | sell | 4,200 | SAST Open Market | |
| 2026-09-21 | Aman Arun Biyani | Promoter group | buy | 36,000 | SAST Open Market | |
| 2026-09-21 | Manju Biyani | Promoter group | buy | 36,000 | SAST Open Market | |
| 2026-09-21 | CALVES N LEAVES INITIATIVES PRIVAT | Promoter group | sell | 75,001 | SAST Open Market | |
| 2026-09-21 | CALVES N LEAVES INITIATIVES PRIVAT | Promoter group | sell | 75,001 | SAST Open Market |
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.
Latest quarter
Jun 2026Sales ₹153 Cr +47.9% vs Jun 2025.
Net profit ₹3 Cr +15.9%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| K P R Mill Ltd | 36,967 | 40.5 | 19.6 % |
| Welspun Living Ltd | 21,277 | 76.5 | 6.26 % |
| Vardhman Textiles Ltd | 15,335 | 18.1 | 8.55 % |
| Trident Ltd | 11,461 | 29.0 | 9.79 % |
| Indo Count Industries Ltd | 8,614 | 57.1 | 8.19 % |
| Garware Technical Fibres Ltd | 7,361 | 33.4 | 22.0 % |
| Kusumgar Ltd | 6,378 | 50.7 | 18.8 % |
| Filatex India Ltd | 4,973 | 25.9 | 19.1 % |
| Jindal Worldwide Ltd | 4,719 | 55.7 | 8.63 % |
| Sanathan Textiles Ltd | 4,352 | 71.6 | 6.89 % |
| Raymond Lifestyle Ltd | 4,026 | 27.0 | 3.52 % |
| Alok Industries Ltd | 3,501 | -3.95 % | |
| Nitin Spinners Ltd | 3,403 | 16.1 | 12.2 % |
| Sangam (India) Ltd | 3,248 | 25.8 | 10.7 % |
| Ganesha Ecosphere Ltd | 2,703 | 47.8 | 5.58 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-08-12 | Annual General Meeting | |
| 2023-08-04 | Annual General Meeting | |
| 2022-07-15 | Annual General Meeting/Dividend - Rs 0.50 Per Share | |
| 2021-09-08 | Annual General Meeting | |
| 2020-08-10 | Annual General Meeting | |
| 2019-06-28 | Annual General Meeting/Dividend - Rs 0.75 Per Share | |
| 2018-10-25 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share | 0.5000 |
| 2018-06-28 | Dividend- Rs 3 Per Share | |
| 2017-06-19 | Dividend - Rs 2.80/- Per Share |
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 1Less than 100 unique PAN traded in previous 30 days