Price
Financials
Standalone, Rs crore| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 33 | 112 | 61 | 124 | 90 | 163 |
| Expenses | 30 | 95 | 54 | 102 | 75 | 136 |
| Operating Profit | 3 | 17 | 7 | 23 | 15 | 27 |
| OPM % | 9% | 16% | 12% | 18% | 17% | 16% |
| Other Income | -0 | -0 | -0 | -0 | -0 | -0 |
| Interest | 1 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 17 | 6 | 21 | 14 | 25 |
| Tax % | 25% | 25% | 25% | 26% | 25% | 25% |
| Net Profit | 1 | 13 | 5 | 15 | 10 | 18 |
| EPS in Rs | 58.04 | 7.04 | 2.06 | 6.63 | 4.38 | 7.98 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 55 | 104 | 115 | 145 | 185 | 253 |
| Expenses | 50 | 98 | 106 | 125 | 155 | 211 |
| Operating Profit | 4 | 7 | 9 | 20 | 30 | 42 |
| OPM % | 8% | 6% | 8% | 14% | 16% | 17% |
| Other Income | 0 | 0 | 0 | -0 | -0 | -0 |
| Interest | 1 | 1 | 2 | 2 | 3 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 6 | 7 | 19 | 27 | 38 |
| Tax % | 27% | 26% | 27% | 25% | 26% | 25% |
| Net Profit | 2 | 4 | 5 | 14 | 20 | 29 |
| EPS in Rs | 96.30 | 189.60 | 220.55 | 7.80 | 8.69 | 12.36 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | 8% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 36% | 30% | 37% | ||
| Compounded Profit Growth | % | 66% | 77% | 42% | ||
| Stock Price CAGR | % | % | % | 64% | ||
| Return on Equity | % | 30% | 30% | 26% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 18 | 23 | 23 |
| Reserves | 12 | 16 | 21 | 19 | 72 | 100 |
| Borrowings | 9 | 10 | 16 | 14 | 30 | 38 |
| Other Liabilities | 10 | 18 | 25 | 29 | 25 | 37 |
| Total Liabilities | 33 | 46 | 65 | 80 | 150 | 198 |
| Fixed Assets | 0 | 0 | 0 | 1 | 1 | 1 |
| CWIP | -0 | -0 | -0 | -0 | -0 | 20 |
| Investments | 2 | 3 | 4 | -0 | -0 | -0 |
| Other Assets | 31 | 44 | 60 | 79 | 149 | 178 |
| Total Assets | 33 | 46 | 65 | 80 | 150 | 198 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1 | 4 | -5 | 5 | -31 | 29 |
| Cash from Investing Activity | -2 | -1 | -2 | -1 | -0 | -20 |
| Cash from Financing Activity | -0 | 1 | 4 | -4 | 39 | 5 |
| Net Cash Flow | -2 | 3 | -3 | 0 | 8 | 14 |
| Free Cash Flow | 0 | 3 | -5 | 5 | -31 | 9 |
| CFO/OP | 18% | 70% | -36% | 34% | -80% | 93% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 186 | 109 | 164 | 168 | 232 | 185 |
| Inventory Days | 5 | 1 | ||||
| Days Payable | 45 | 52 | ||||
| Cash Conversion Cycle | 186 | 109 | 164 | 168 | 192 | 134 |
| Working Capital Days | 85 | 44 | 63 | 81 | 141 | 106 |
| ROCE % | 27% | 26% | 44% | 34% | 29% |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 72.99% | 72.99% | 73.03% | 73.03% | 73.03% | 73.03% | 73.03% | 73.03% |
| FIIs | 2.20% | 0.27% | 0.21% | 0.19% | 0.19% | 0.13% | 0.13% | 0.01% |
| DIIs | 1.48% | 3.58% | 3.50% | 3.94% | 3.96% | 4.04% | 4.22% | 3.51% |
| Public | 23.34% | 23.16% | 23.26% | 22.83% | 22.82% | 22.79% | 22.62% | 23.45% |
| No. of Shareholders | 1,626 | 2,285 | 2,596 | 2,518 | 2,420 | 2,462 | 2,367 | 2,202 |
Fundamentals
Market Cap₹ 831 Cr.
Current Price₹ 359
Stock P/E29.0
Book Value₹ 53.4
ROCE29.3 %
ROE26.2 %
Dividend Yield0.28 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)37%
Compounded Profit Growth (TTM)42%
Standalone figures.
Valuation
Market capRs 794 Cr
Enterprise valueRs 801 Cr
P/E (TTM)179.98x
Price to book43.07x
Price to sales7.60x
EV / EBITDA114.74x
EV / EBIT116.74x
EV / sales7.67x
Price to cash flow205.63x
Earnings yield0.56%
Profitability
Operating margin (excl. other income)6.45%
Operating margin (incl. other income)6.69%
EBITDA margin6.69%
Pre-tax margin5.68%
Net profit margin4.23%
ROE27.19%
ROCE26.65%
ROA11.07%
ROIC (approx.)19.94%
Tax rate25.63%
Other income / net worth1.36%
Growth
Sales growth (latest year)91.26%
Profit growth (latest year)96.88%
Per share
EPS (TTM)Rs 1.91
EPS (latest year)Rs 189.62
Book value per shareRs 7.96
Sales per shareRs 45.09
Cash flow per shareRs 1.67
Free cash flow per shareRs 3.89
Efficiency
Asset turnover2.25x
Fixed asset turnover306.97x
Inventory turnover27.21x
Inventory days13 days
Debtor days109 days
Debtors turnover3.34x
Creditor days52 days
Cash conversion cycle134 days
Working capital days106 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 3 Cr
Net debtRs 7 Cr
Debt to equity0.56x
Net debt / EBITDA1.02x
Interest coverage7.38x
Owners' fund to total sources39.64%
Debt to assets22.07%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs 9 Cr
FCFE (approx.: FCF + change in debt)Rs 10 Cr
Cash from ops / profit, 5 years0.03x
Sales to cash flow27.04x
Statement figures
Net sales (TTM)Rs 104 Cr
Net sales (latest year)Rs 104 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 7 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 4 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 88 Cr
Total expenditure (latest year)Rs 98 Cr
Total income (latest year)Rs 105 Cr
Share capitalRs 2 Cr
ReservesRs 16 Cr
Shareholders' fundsRs 18 Cr
Total assetsRs 46 Cr
Net blockRs 0 Cr
InvestmentsRs 3 Cr
ReceivablesRs 31 Cr
InventoryRs 3 Cr
Other liabilitiesRs 18 Cr
Shares outstanding (crore)2.31
Ownership
Promoter holding73.03% (+0.00 in a year)
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).
| Period | EFFWA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.2% | -2.8% | -2.4 pts |
| 1 month | +2.1% | -6.8% | +8.8 pts |
| 3 months | -13.8% | -7.6% | -6.2 pts |
| 6 months | +105.6% | +0.4% | +105.2 pts |
| 1 year | +57.0% | -9.9% | +66.9 pts |
| 2 years | +25.2% | -13.6% | +38.8 pts |
Red flags
F-score 6 of 8No red flags in the latest statements and filings.
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 ₹163 Cr +45.5% vs Mar 2024.
Net profit ₹18 Cr +38.5%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Refex Industries Ltd | 3,729 | 13.1 | 22.7 % |
| EMS Ltd | 1,874 | 27.5 | 12.8 % |
| Antony Waste Handling Cell Ltd | 1,029 | 17.6 | 11.2 % |
| Eco Recycling Ltd | 779 | 32.4 | 30.8 % |
| Namo eWaste Management Ltd | 765 | 53.4 | 21.3 % |
| Z-Tech (India) Ltd | 641 | 17.4 | 20.0 % |
| Concord Enviro Systems Ltd | 538 | 6.76 % | |
| VVIP Infratech Ltd | 360 | 12.0 | 18.8 % |
| Hi-Green Carbon Ltd | 307 | 59.4 | 10.2 % |
| Organic Recycling Systems Ltd | 304 | 12.1 | 15.9 % |
| Race Eco Chain Ltd | 206 | 27.4 | 11.1 % |
| Urban Enviro Waste Management Ltd | 106 | 7.14 | 29.1 % |
| Gem Enviro Management Ltd | 81 | 18.2 | 11.8 % |
| Greenleaf Envirotech Ltd | 65 | 9.01 | 34.7 % |
| EP Biocomposites Ltd | 16 | 11.3 | 16.3 % |
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.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsLess than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Effwa Infra & Research Ltd?
Effwa Infra & Research Ltd (EFFWA) has a market capitalisation of Rs 831 Cr. at the 2026-10-01 close.
What is the P/E ratio of Effwa Infra & Research Ltd?
Effwa Infra & Research Ltd trades at a P/E of 29.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Effwa Infra & Research Ltd's latest quarterly results?
In the Mar 2026 quarter, Effwa Infra & Research Ltd sales was Rs 163 Cr (+45.5% vs Mar 2024) and net profit was Rs 18 Cr.
What is the 52-week high and low of Effwa Infra & Research Ltd?
The 52-week high is Rs 399.95 and the 52-week low is Rs 165.00.