MarketFriction

DRS Cargo Movers Ltd

NSE DRSCARGO · Logistics Solution Provider
₹21.80 +4.81%
NSE close2026-04-15
52 week range20.80 - 55.40
Market cap₹16.4 Cr.
P/E7.50
No trades in 30 days Price band 5% Delivery 100.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales9.758.8011.2012.5911.2513.3113.36
Expenses7.796.348.859.669.7911.457.82
Operating Profit1.962.462.352.931.461.865.54
OPM %20.10%27.95%20.98%23.27%12.98%13.97%41.47%
Other Income-0.590.240.250.340.060.111.59
Interest0.731.131.180.590.671.180.89
Depreciation1.291.471.481.651.712.272.39
Profit before tax-0.650.10-0.061.03-0.86-1.483.85
Tax %12.31%1,260.00%2,133.33%25.24%-25.58%-25.00%14.29%
Net Profit-0.73-1.16-1.330.77-0.65-1.113.30
EPS in Rs-1.771.02-0.86-1.474.38
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales0.003.088.5211.6416.6220.0023.8426.68
Expenses0.002.236.9310.3513.6815.1819.1619.28
Operating Profit0.000.851.591.292.944.824.687.40
OPM %27.60%18.66%11.08%17.69%24.10%19.63%27.74%
Other Income0.000.390.961.300.310.490.101.70
Interest0.000.810.781.371.412.311.262.07
Depreciation0.001.091.041.072.382.953.364.66
Profit before tax0.00-0.660.730.15-0.540.050.162.37
Tax %0.00%17.81%20.00%27.78%5,080.00%25.00%7.59%
Net Profit0.00-0.660.600.12-0.69-2.480.122.19
EPS in Rs-3.290.162.91
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%26%17%12%
Compounded Profit Growth%30%73%476%
Stock Price CAGR%%%-50%
Return on Equity%%0%9%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1.181.187.537.537.537.53
Reserves-5.72-5.6018.6916.2116.3318.52
Borrowings18.2819.2022.3324.4920.9927.40
Other Liabilities3.352.545.919.1716.7212.92
Total Liabilities17.0917.3254.4657.4061.5766.37
Fixed Assets7.837.3143.0344.4547.6752.59
CWIP0.000.000.230.000.000.00
Investments0.000.050.641.242.742.94
Other Assets9.269.9610.5611.7111.1610.84
Total Assets17.0917.3254.4657.4061.5766.37
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5.841.996.666.068.992.75
Cash from Investing Activity0.97-2.42-7.37-6.33-9.62-7.09
Cash from Financing Activity-6.15-0.451.21-0.150.574.34
Net Cash Flow0.65-0.880.50-0.42-0.050.00
Free Cash Flow9.461.44-0.121.691.22-4.71
CFO/OP367%154%227%126%192%37%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days66.8344.8476.6572.4530.6231.60
Inventory Days
Days Payable
Cash Conversion Cycle66.8344.8476.6572.4530.6231.60
Working Capital Days189.3580.5954.4651.65-258.29-38.99
ROCE %10.66%2.75%4.88%3.70%9.03%
Sep 2024Mar 2025Sep 2025Mar 2026
Promoters72.12%72.12%72.12%73.96%
Public27.88%27.88%27.88%26.04%
No. of Shareholders167165167164

Fundamentals

Market Cap₹ 16.4 Cr.
Current Price₹ 21.8
Stock P/E7.50
Book Value₹ 34.6
ROCE9.03 %
ROE8.78 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)476%
Standalone figures.
Valuation
Market capRs 16 Cr
Enterprise valueRs 41 Cr
Price to book0.69x
Price to sales0.82x
EV / EBITDA7.68x
EV / EBIT17.28x
EV / sales2.04x
Price to cash flow2.71x
Earnings yield-15.11%
Profitability
Operating margin (excl. other income)24.10%
Operating margin (incl. other income)26.55%
EBITDA margin26.55%
Pre-tax margin0.25%
Net profit margin-12.40%
ROE-9.93%
ROCE4.88%
ROA-4.43%
ROE, 3-year average-6.31%
ROCE, 3-year average6.09%
ROA, 3-year average-1.89%
ROE, 5-year average-8.04%
ROCE, 5-year average7.32%
ROA, 5-year average-0.54%
ROIC (approx.)-244.29%
Tax rate5080.00%
Other income / net worth2.06%
Growth
Sales growth (latest year)20.34%
Sales CAGR, 3 years32.90%
Per share
EPS (TTM)Rs -3.29
EPS (latest year)Rs -3.29
EPS, 3-year averageRs -1.07
EPS, 5-year averageRs 0.47
Book value per shareRs 31.52
Sales per shareRs 26.56
Cash flow per shareRs 8.05
Free cash flow per shareRs -6.25
Efficiency
Asset turnover0.35x
Fixed asset turnover0.45x
Debtor days72 days
Debtors turnover5.04x
Cash conversion cycle32 days
Working capital days-39 days
Leverage
Total debtRs 24 Cr
Cash and bankRs 0 Cr
Net debtRs 24 Cr
Debt to equity1.03x
Net debt / EBITDA4.59x
Interest coverage1.02x
Owners' fund to total sources41.36%
Debt to assets42.67%
Cash flow
Cash from Operating Activity (latest year)Rs 6 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -5 Cr
FCFE (approx.: FCF + change in debt)Rs -3 Cr
Sales to cash flow3.30x
Statement figures
Net sales (TTM)Rs 20 Cr
Net sales (latest year)Rs 20 Cr
Operating profit excl. other income (latest year)Rs 5 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs -2 Cr
Net profit (latest year)Rs -2 Cr
Depreciation (TTM)Rs 3 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 15 Cr
Total income (latest year)Rs 20 Cr
Share capitalRs 8 Cr
ReservesRs 16 Cr
Shareholders' fundsRs 24 Cr
Total assetsRs 57 Cr
Net blockRs 44 Cr
InvestmentsRs 1 Cr
ReceivablesRs 4 Cr
Other liabilitiesRs 9 Cr
Shares outstanding (crore)0.75
Ownership
Promoter holding73.96%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodDRSCARGONifty 50Difference
1 week-11.7%-2.8% -9.0 pts
1 month-56.7%-6.8% -49.9 pts

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 980% of pre-tax profit in 2026
lookRepeated losses Net loss in each of the last two years
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 2026
Sales ₹13 Cr +19.3% vs Mar 2024. Net profit ₹3 Cr +348.1%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Container Corporation Of India Ltd33,77827.212.6 %
Delhivery Ltd31,2762621.01 %
Shadowfax Technologies Ltd16,48495.710.3 %
Blue Dart Express Ltd10,85933.515.8 %
Transport Corporation of India Ltd6,67414.619.4 %
TVS Supply Chain Solutions Ltd5,78481.610.1 %
VRL Logistics Ltd4,94618.518.3 %
Afcom Holdings Ltd4,24829.028.0 %
Mahindra Logistics Ltd4,2291077.36 %
Gateway Distriparks Ltd2,57710.510.8 %
TCI Express Ltd2,04622.414.6 %
Skyways Air Services Ltd1,67531.413.2 %
Allcargo Logistics Ltd1,58034.44.83 %
Navkar Corporation Ltd1,30232.63.06 %
Allcargo Global Ltd1,297-6.09 %
No bulk or block deals on record.
No corporate actions on record.
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.
High low price variation greater than 150perc in previous 12 monthsLess than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of DRS Cargo Movers Ltd?

DRS Cargo Movers Ltd (DRSCARGO) has a market capitalisation of Rs 16.4 Cr. at the 2026-04-15 close.

What is the P/E ratio of DRS Cargo Movers Ltd?

DRS Cargo Movers Ltd trades at a P/E of 7.50 on trailing twelve-month profit, at the 2026-04-15 close.

What were DRS Cargo Movers Ltd's latest quarterly results?

In the Mar 2026 quarter, DRS Cargo Movers Ltd sales was Rs 13 Cr (+19.3% vs Mar 2024) and net profit was Rs 3 Cr.

What is the 52-week high and low of DRS Cargo Movers Ltd?

The 52-week high is Rs 55.40 and the 52-week low is Rs 20.80.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03