Price
Financials
Consolidated, Rs crore| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 14.29 | 12.58 | 12.57 | 11.94 | 49.66 | 63.92 | 68.52 |
| Expenses | 18.22 | 13.23 | 9.62 | 9.66 | 46.94 | 61.25 | 71.63 |
| Operating Profit | -3.93 | -0.65 | 2.95 | 2.28 | 2.72 | 2.67 | -3.11 |
| OPM % | -27.50% | -5.17% | 23.47% | 19.10% | 5.48% | 4.18% | -4.54% |
| Other Income | 5.07 | -7.68 | 4.74 | 4.61 | 0.81 | 7.28 | 10.64 |
| Interest | 0.86 | 0.76 | 0.70 | 0.57 | 0.57 | 7.76 | 4.06 |
| Depreciation | 0.18 | 0.50 | 0.27 | 0.22 | 0.81 | 1.77 | 1.13 |
| Profit before tax | 0.10 | -9.59 | 6.72 | 6.10 | 2.15 | 0.42 | 2.34 |
| Tax % | -60.00% | -39.21% | 57.14% | 26.07% | 107.44% | 4.76% | 179.49% |
| Net Profit | 0.17 | -5.83 | 2.87 | 4.51 | -0.16 | 0.40 | -1.86 |
| EPS in Rs | 0.01 | -0.24 | 0.12 | 0.18 | 0.07 | 0.01 | -0.08 |
| Mar 2011 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 3,461 | 4,789 | 5,994 | 7,696 | 9,164 | 55 | 194 |
| Expenses | 3,436 | 4,740 | 5,942 | 7,638 | 9,201 | 55 | 189 |
| Operating Profit | 25 | 50 | 52 | 58 | -37 | -0 | 5 |
| OPM % | 0.7% | 1.0% | 0.9% | 0.8% | -0.4% | -0.9% | 2.4% |
| Other Income | 5 | 3 | -0 | 4 | 11 | 7 | 23 |
| Interest | 7 | 13 | 11 | 7 | 4 | 3 | 13 |
| Depreciation | 2 | 5 | 5 | 4 | 3 | 1 | 4 |
| Profit before tax | 20 | 35 | 37 | 51 | -34 | 2 | 11 |
| Tax % | 36% | 38% | 37% | 35% | -60% | 1% | 74% |
| Net Profit | 13 | 15 | 21 | 33 | -13 | 2 | 3 |
| EPS in Rs | 0.50 | 0.58 | 0.82 | 1.29 | -0.41 | 0.08 | 0.12 |
| Dividend Payout % | 18% | 59% | 17% | 4% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -27% | % | % | 255% | ||
| Compounded Profit Growth | -14% | % | % | 136% | ||
| Stock Price CAGR | -4% | -30% | -35% | -54% | ||
| Return on Equity | % | % | % | 1% |
| Mar 2011 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 11 | 11 | 49 |
| Reserves | 33 | 78 | 114 | 167 | 94 | 212 | 277 |
| Borrowings | 85 | 78 | 63 | 119 | 56 | 28 | 174 |
| Other Liabilities | 86 | 93 | 103 | 103 | 132 | 58 | 146 |
| Total Liabilities | 216 | 261 | 291 | 400 | 293 | 309 | 646 |
| Fixed Assets | 54 | 39 | 39 | 39 | 8 | 4 | 64 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 18 | 43 | 73 | 0 | 0 | 0 |
| Other Assets | 162 | 204 | 210 | 289 | 285 | 306 | 583 |
| Total Assets | 216 | 261 | 291 | 400 | 293 | 309 | 646 |
| Mar 2011 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 14 | 24 | 64 | -5 | 27 | 63 | |
| Cash from Investing Activity | -9 | -8 | 20 | 16 | 7 | -34 | |
| Cash from Financing Activity | -29 | -14 | -11 | -43 | -8 | 4 | |
| Net Cash Flow | -24 | 1 | 73 | -32 | 26 | 33 | |
| Free Cash Flow | 12 | 19 | 59 | 5 | 26 | 55 | |
| CFO/OP | 66% | 71% | 146% | -20% | -6,644% | 1,972% |
| Mar 2011 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 5 | 6 | 6 | 3 | 1 | 212 | 161 |
| Inventory Days | 2 | 1 | 1 | 1 | 1 | ||
| Days Payable | 7 | 4 | 4 | 2 | 2 | ||
| Cash Conversion Cycle | -1 | 3 | 4 | 2 | 0 | 212 | 161 |
| Working Capital Days | 3 | 0 | 2 | -4 | 0 | 439 | -58 |
| ROCE % | 27% | 24% | -6% | 9% |
| 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 | 89.55% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 61.32% | 61.32% | 61.32% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.52% | 0.02% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Government | 0.00% | 1.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 10.44% | 23.02% | 24.99% | 24.99% | 25.00% | 24.87% | 24.76% | 25.00% | 25.02% | 38.17% | 38.66% | 38.67% |
| No. of Shareholders | 8,089 | 10,492 | 11,034 | 11,233 | 10,470 | 9,711 | 9,570 | 9,849 | 9,513 | 10,051 | 14,730 | 14,998 |
Fundamentals
Market Cap₹ 165 Cr.
Current Price₹ 6.64
Stock P/E53.1
Book Value₹ 13.3
ROCE8.95 %
ROE1.13 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)255%
Compounded Profit Growth (TTM)136%
Consolidated figures.
Valuation
Market capRs 171 Cr
Enterprise valueRs 127 Cr
P/E (TTM)99.46x
Price to book0.96x
Price to sales3.33x
EV / EBITDA17.16x
EV / EBIT20.39x
EV / sales2.47x
Price to cash flow2.69x
Earnings yield1.01%
Dividend yield0.68%
P/E, 3-year average1.44x
P/B, 3-year average0.25x
Profitability
Operating margin (excl. other income)0.76%
Operating margin (incl. other income)0.81%
EBITDA margin14.38%
Pre-tax margin6.48%
Net profit margin3.35%
Net margin, latest quarter37.77%
ROE21.58%
ROCE23.69%
ROA9.51%
ROE, 3-year average20.95%
ROCE, 3-year average27.43%
ROA, 3-year average7.75%
ROIC (approx.)2.99%
Tax rate35.32%
Other income / net worth2.17%
Growth
Sales growth (latest year)28.39%
Profit growth (latest year)58.05%
Sales CAGR, 3 years30.52%
Profit CAGR, 3 years37.62%
Sales growth QoQ-5.01%
Profit growth QoQ57.14%
Per share
EPS (TTM)Rs 0.07
EPS (latest year)Rs 28.44
EPS (latest quarter)Rs 0.18
EPS, 3-year averageRs 19.74
Book value per shareRs 7.22
Sales per shareRs 2.07
Cash flow per shareRs 2.56
Free cash flow per shareRs 2.22
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 3.83
Dividends
Dividend payout3.53%
Dividend payout, 3-year average26.29%
Efficiency
Asset turnover19.22x
Fixed asset turnover199.43x
Inventory turnover308.82x
Inventory days1 days
Debtor days3 days
Debtors turnover128.82x
Creditor days2 days
Cash conversion cycle161 days
Working capital days-58 days
Leverage
Total debtRs 119 Cr
Cash and bankRs 163 Cr
Net debtRs -44 Cr
Debt to equity0.66x
Net debt / EBITDA-5.99x
Interest coverage2.15x
Owners' fund to total sources44.69%
Debt to assets29.69%
Cash flow
Cash from Operating Activity (latest year)Rs 64 Cr
Cash from Investing Activity (latest year)Rs 20 Cr
Cash from Financing Activity (latest year)Rs -11 Cr
Net Cash Flow (latest year)Rs 73 Cr
Free cash flow (latest year)Rs 55 Cr
FCFE (approx.: FCF + change in debt)Rs 111 Cr
Cash from ops / profit, 5 years3.76x
Sales to cash flow121.04x
Statement figures
Net sales (TTM)Rs 51 Cr
Net sales (latest year)Rs 7,696 Cr
Sales (latest quarter)Rs 12 Cr
Operating profit excl. other income (latest year)Rs 58 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 7 Cr
EBITDA (TTM)Rs 7 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 18 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 33 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 7,489 Cr
Total expenditure (latest year)Rs 7,638 Cr
Total income (latest year)Rs 7,700 Cr
Share capitalRs 12 Cr
ReservesRs 167 Cr
Shareholders' fundsRs 179 Cr
Total assetsRs 400 Cr
Net blockRs 39 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 73 Cr
ReceivablesRs 60 Cr
InventoryRs 24 Cr
Other liabilitiesRs 103 Cr
Shares outstanding (crore)24.79
Ownership
Promoter holding61.32% (-13.68 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 99.5 is at the 97th percentile of its own 8.4-year range
(median 44.2, low 9.6, high 144.4).
P/B 0.96 is at the 3th percentile (median 6.90).
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 | DELPHIFX | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +16.8% | -2.8% | +19.5 pts |
| 1 month | +7.6% | -6.8% | +14.4 pts |
| 3 months | -15.2% | -7.6% | -7.6 pts |
| 6 months | -14.0% | +0.4% | -14.4 pts |
| 1 year | -56.6% | -9.9% | -46.7 pts |
| 2 years | -58.4% | -13.6% | -44.9 pts |
| 3 years | -73.0% | +14.2% | -87.2 pts |
| 5 years | -84.1% | +27.9% | -112.0 pts |
Red flags
F-score 5 of 8| 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
Mar 2026Sales ₹69 Cr +445.1% vs Mar 2025.
Net loss ₹2 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| CRISIL Ltd | 32,646 | 36.9 | 32.6 % |
| RRP Semiconductor Ltd | 11,182 | -32.7 % | |
| Onemi Technology Solutions Ltd | 6,359 | 20.1 | 22.7 % |
| Asset Reconstruction Company (India) Ltd | 4,640 | 13.2 | 14.0 % |
| Colab Platforms Ltd | 2,622 | 542 | 22.4 % |
| Algoquant Fintech Ltd | 1,857 | 41.5 | 31.4 % |
| GYFTR Ltd | 1,198 | 54.9 | 6.77 % |
| Prime Securities Ltd | 1,033 | 60.6 | 8.25 % |
| Centrum Capital Ltd | 996 | 7.33 % | |
| Wealth First Portfolio Managers Ltd | 949 | 28.7 | 34.6 % |
| RNFI Services Ltd | 792 | 27.9 | 27.3 % |
| Stellant Securities (India) Ltd | 530 | 14.5 | 71.7 % |
| The Investment Trust of India Ltd | 473 | 14.5 | 8.54 % |
| Akiko Global Services Ltd | 467 | 24.2 | 37.3 % |
| Regency Fincorp Ltd | 415 | 24.0 | 10.5 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-02-13 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share | 0.2000 |
| 2026-02-13 | Bonus 2:1 | 0.3333 |
| 2025-10-14 | Rights 23:49 @ Premium Rs 181/- | |
| 2024-09-19 | Annual General Meeting | |
| 2023-09-20 | Annual General Meeting | |
| 2022-08-24 | Annual General Meeting | |
| 2021-09-17 | Annual General Meeting | |
| 2020-09-18 | Annual General Meeting | |
| 2019-09-19 | Annual General Meeting | |
| 2018-08-14 | Buyback | |
| 2018-07-30 | Annual General Meeting/Dividend- Re 1 Per Share | |
| 2017-08-14 | Annual General Meeting/Dividend - Rs 3/- Per Share | |
| 2016-08-25 | Annual General Meeting | |
| 2016-03-18 | Interim Dividend - Rs 7.50/- Per Share (Purpose Revised) | |
| 2015-09-04 | Annual General Meeting/Dividend - Rs 7.50/- Per Share | |
| 2014-09-04 | Annual General Meeting / Dividend - Rs 7.50/- Per Share | |
| 2013-07-23 | Annual General Meeting/Final Dividend Rs.2.50 Per Share And Special Dividend Rs.5/- Per Share | |
| 2012-09-21 | Dividend Rs.2/- Per Share | |
| 2011-09-26 | Dividend-Rs.2/- 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 2Less than 100 unique PAN traded in previous 30 daysScrip PE is greater than 50 (4 trailing quarters)