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 | 8.22 | 5.78 | 2.97 | 1.41 | 5.25 | 5.35 | 6.18 | 3.95 | 14.14 | 6.98 | 8.21 | 7.46 |
| Expenses | 12.23 | 7.28 | 2.45 | 1.20 | 4.33 | 4.42 | 5.11 | 3.91 | 12.99 | 6.12 | 7.07 | 6.71 |
| Operating Profit | -4.01 | -1.50 | 0.52 | 0.21 | 0.92 | 0.93 | 1.07 | 0.04 | 1.15 | 0.86 | 1.14 | 0.75 |
| OPM % | -48.78% | -25.95% | 17.51% | 14.89% | 17.52% | 17.38% | 17.31% | 1.01% | 8.13% | 12.32% | 13.89% | 10.05% |
| Other Income | 0.52 | 0.53 | -2.32 | -5.47 | -12.59 | 1.13 | 3.35 | 1.63 | -2.54 | -0.33 | -1.86 | 0.09 |
| Interest | 0.96 | 0.69 | 0.65 | 0.00 | 0.03 | 0.54 | 0.77 | 0.70 | 0.34 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.16 | 0.16 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | -4.61 | -1.82 | -2.45 | -5.26 | -11.72 | 1.52 | 3.65 | 0.96 | -1.74 | 0.52 | -0.73 | 0.83 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -4.61 | -1.82 | -2.45 | -5.26 | -11.72 | 1.52 | 3.65 | 0.96 | -1.74 | 0.51 | -0.73 | 0.82 |
| EPS in Rs | -2.30 | -0.91 | -1.22 | -2.63 | -5.86 | 0.76 | 1.82 | 0.48 | -0.87 | 0.26 | -0.36 | 0.41 |
| Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 94.73 | 97.33 | 59.01 | 9.21 | 0.81 | 6.08 | 30.37 | 31.94 | 2.42 | 18.20 | 33.28 | 36.79 |
| Expenses | 94.51 | 102.69 | 76.05 | 36.71 | 14.80 | 18.58 | 29.78 | 36.01 | 2.60 | 15.07 | 30.10 | 32.89 |
| Operating Profit | 0.22 | -5.36 | -17.04 | -27.50 | -13.99 | -12.50 | 0.59 | -4.07 | -0.18 | 3.13 | 3.18 | 3.90 |
| OPM % | 0.23% | -5.51% | -28.88% | -298.59% | -1,727.16% | -205.59% | 1.94% | -12.74% | -7.44% | 17.20% | 9.56% | 10.60% |
| Other Income | 0.68 | 0.11 | 1.03 | 1.08 | 0.08 | 24.10 | 4.82 | -3.01 | -8.56 | -12.38 | -3.09 | -4.64 |
| Interest | 8.59 | 13.52 | 14.14 | 15.31 | 1.13 | 0.24 | 1.98 | 4.11 | 3.32 | 1.34 | 1.04 | 0.34 |
| Depreciation | 2.17 | 2.83 | 2.75 | 2.64 | 2.55 | 2.42 | 2.25 | 1.02 | 0.00 | 0.02 | 0.05 | 0.04 |
| Profit before tax | -9.86 | -21.60 | -32.90 | -44.37 | -17.59 | 8.94 | 1.18 | -12.21 | -12.06 | -10.61 | -1.00 | -1.12 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Net Profit | -9.86 | -21.60 | -32.90 | -44.36 | -17.59 | 8.94 | 1.18 | -12.21 | -12.06 | -10.60 | -1.00 | -1.14 |
| EPS in Rs | -2.46 | -3.75 | -5.06 | -2.01 | 4.47 | 0.59 | -6.10 | -6.03 | -5.30 | -0.50 | -0.56 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -10% | 40% | 1% | 77% | ||
| Compounded Profit Growth | 8% | 17% | 31% | 251% | ||
| Stock Price CAGR | 18% | % | -17% | -8% | ||
| Return on Equity | -34% | -10% | 2% | 47% |
| 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 | 87.66 | 0.00 | 87.64 | 87.64 | 87.64 | 87.64 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 |
| Reserves | -90.59 | 129.08 | 16.77 | -15.34 | -58.68 | -76.12 | 18.46 | 19.95 | 8.07 | -4.16 | -14.60 | -15.58 |
| Borrowings | 57.18 | 53.16 | 82.53 | 92.99 | 100.24 | 102.74 | 74.94 | 83.93 | 73.32 | 50.84 | 59.14 | 60.13 |
| Other Liabilities | 46.51 | 46.51 | 48.57 | 53.38 | 71.76 | 79.71 | 19.45 | 22.27 | 41.66 | 18.72 | 16.31 | 10.47 |
| Total Liabilities | 100.76 | 228.75 | 235.51 | 218.67 | 200.96 | 193.97 | 132.85 | 146.15 | 143.05 | 85.40 | 80.85 | 75.02 |
| Fixed Assets | 32.83 | 178.38 | 176.38 | 173.63 | 170.84 | 168.20 | 119.85 | 117.52 | 59.50 | 58.96 | 0.23 | 0.19 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 67.93 | 50.37 | 59.13 | 45.04 | 30.12 | 25.77 | 13.00 | 28.61 | 83.55 | 26.44 | 80.62 | 74.83 |
| Total Assets | 100.76 | 228.75 | 235.51 | 218.67 | 200.96 | 193.97 | 132.85 | 146.15 | 143.05 | 85.40 | 80.85 | 75.02 |
| 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 | 13.88 | 10.36 | -14.70 | -5.06 | -9.37 | -4.95 | 9.83 | -5.64 | 14.61 | -4.62 | -18.76 | -4.61 |
| Cash from Investing Activity | 0.20 | 1.11 | -0.43 | 6.74 | 17.05 | 1.09 | -22.65 | 4.29 | -0.21 | 36.31 | 7.39 | 3.77 |
| Cash from Financing Activity | -13.78 | -11.10 | 14.93 | -1.72 | -5.30 | 1.55 | 12.78 | 1.52 | -14.58 | -26.04 | 7.49 | -0.05 |
| Net Cash Flow | 0.31 | 0.37 | -0.20 | -0.04 | 2.38 | -2.31 | -0.03 | 0.17 | -0.18 | 5.65 | -3.88 | -0.89 |
| Free Cash Flow | 13.88 | 10.30 | -15.47 | -5.06 | -9.35 | -4.88 | 9.57 | -1.34 | 14.40 | -4.31 | -11.37 | -0.84 |
| CFO/OP | -710% | 4,691% | 275% | 30% | 34% | 35% | -78% | -951% | -366% | 2,422% | -618% | -145% |
| 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 | 44.17 | 50.59 | 54.86 | 37.79 | 129.59 | 815.62 | 96.65 | 119.34 | 107.19 | 927.58 | 121.13 | 101.89 |
| Inventory Days | 195.74 | 249.29 | 330.14 | 406.22 | 693.80 | 12,838.73 | 941.37 | 765.35 | 547.06 | 2,634.71 | 414.83 | 165.55 |
| Days Payable | 185.99 | 274.67 | 282.75 | 359.78 | 992.62 | 22,966.03 | 590.81 | 352.14 | 114.04 | 669.17 | 385.71 | 126.58 |
| Cash Conversion Cycle | 53.92 | 25.22 | 102.26 | 84.24 | -169.23 | -9,311.68 | 447.22 | 532.55 | 540.21 | 2,893.13 | 150.25 | 140.86 |
| Working Capital Days | -79.46 | -140.52 | -130.39 | -412.69 | -4,353.45 | -39,154.14 | -1,590.27 | -160.81 | -371.06 | -1,558.04 | 1,006.36 | 331.55 |
| ROCE % | -1.07% | -3.83% | -10.66% | -19.74% | -13.52% | -13.07% | -0.90% | -4.27% | -0.21% | 5.04% | 5.21% |
| 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 | 90.00% | 90.00% | 90.00% | 90.00% | 90.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% |
| DIIs | 1.41% | 1.39% | 1.24% | 1.24% | 1.24% | 1.24% | 1.24% | 1.24% | 1.22% | 1.22% | 1.22% | 1.22% |
| Government | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% |
| Public | 8.40% | 8.42% | 8.54% | 8.56% | 8.55% | 21.76% | 21.76% | 21.76% | 21.78% | 21.77% | 21.79% | 21.77% |
| No. of Shareholders | 37,457 | 36,611 | 35,447 | 34,684 | 33,858 | 34,135 | 33,922 | 33,774 | 33,453 | 33,229 | 32,835 | 32,659 |
Fundamentals
Market Cap₹ 99.0 Cr.
Current Price₹ 49.5
Stock P/E25.6
Book Value₹ 2.21
ROCE5.21 %
ROE47.2 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)77%
Compounded Profit Growth (TTM)251%
Standalone figures.
Valuation
Market capRs 96 Cr
Enterprise valueRs 155 Cr
Price to book21.70x
Price to sales2.61x
EV / sales4.21x
Earnings yield-1.19%
P/B, 3-year average13.58x
P/E, 5-year average322.03x
P/B, 5-year average11.24x
Profitability
Operating margin (excl. other income)9.56%
Operating margin (incl. other income)0.27%
EBITDA margin-0.11%
Pre-tax margin-3.04%
Net profit margin-3.10%
Net margin, latest quarter10.99%
ROE-20.37%
ROCE0.06%
ROA-1.28%
ROE, 3-year average-58.37%
ROCE, 3-year average-8.16%
ROA, 3-year average-8.20%
ROE, 5-year average-41.60%
ROCE, 5-year average-5.80%
ROA, 5-year average-6.44%
ROIC (approx.)-0.13%
Other income / net worth-69.91%
Growth
Sales growth (latest year)82.86%
Sales CAGR, 3 years1.38%
Sales CAGR, 5 years40.49%
Sales growth QoQ-9.14%
Sales growth YoY (latest quarter)88.86%
Profit growth YoY (latest quarter)-14.58%
Per share
EPS (TTM)Rs -0.57
EPS (latest year)Rs -0.50
EPS (latest quarter)Rs 0.41
EPS, 3-year averageRs -3.94
EPS, 5-year averageRs -3.47
Book value per shareRs 2.21
Sales per shareRs 18.39
Cash flow per shareRs -2.31
Free cash flow per shareRs -0.42
Efficiency
Asset turnover0.44x
Fixed asset turnover175.16x
Inventory turnover2.37x
Inventory days154 days
Debtor days102 days
Debtors turnover3.58x
Creditor days127 days
Cash conversion cycle141 days
Working capital days332 days
Leverage
Total debtRs 60 Cr
Cash and bankRs 1 Cr
Net debtRs 59 Cr
Debt to equity13.60x
Interest coverage-0.08x
Owners' fund to total sources5.89%
Debt to assets80.15%
Cash flow
Cash from Operating Activity (latest year)Rs -5 Cr
Cash from Investing Activity (latest year)Rs 4 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Statement figures
Net sales (TTM)Rs 37 Cr
Net sales (latest year)Rs 33 Cr
Sales (latest quarter)Rs 7 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs -5 Cr
EBITDA (TTM)Rs -0 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -1 Cr
Net profit (TTM)Rs -1 Cr
Net profit (latest year)Rs -1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 26 Cr
Total expenditure (latest year)Rs 30 Cr
Total income (latest year)Rs 30 Cr
Share capitalRs 20 Cr
ReservesRs -16 Cr
Shareholders' fundsRs 4 Cr
Total assetsRs 75 Cr
Net blockRs 0 Cr
ReceivablesRs 9 Cr
InventoryRs 11 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)2.00
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 21.70 is at the 96th percentile (median 4.92).
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 | DIGJAMLMTD | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -11.6% | -2.8% | -8.9 pts |
| 1 month | -2.5% | -6.8% | +4.3 pts |
| 3 months | +5.3% | -7.6% | +12.9 pts |
| 6 months | +25.8% | +0.4% | +25.4 pts |
| 1 year | -12.8% | -9.9% | -2.9 pts |
| 2 years | -43.3% | -13.6% | -29.8 pts |
| 3 years | -47.7% | +14.2% | -61.9 pts |
| 5 years | +888.9% | +27.9% | +861.0 pts |
Red flags
F-score 3 of 8| look | Repeated losses Net loss in each of the last two years |
| look | On NSE surveillance On NSE surveillance: GSM |
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 ₹7 Cr +88.9% vs Jun 2025.
Net profit ₹1 Cr -14.6%.
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 |
|---|---|---|
| 2024-09-20 | Annual General Meeting | |
| 2023-09-15 | Annual General Meeting | |
| 2022-09-16 | Annual General Meeting |
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.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
GSM: stage 2