MarketFriction

Envirotech Systems Ltd

NSE ENVIRO · Other Industrial Products
₹67.55 -0.30%
NSE close2026-10-01
52 week range60.00 - 172.00
Market cap₹127 Cr.
P/E10.5
IPO 2024 · +21% since Price band 20% Delivery 64.7%

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
Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales192816312632
Expenses151512201721
Operating Profit313411910
OPM %18%46%26%36%33%32%
Other Income000401
Interest001111
Depreciation000001
Profit before tax31341589
Tax %25%27%24%23%25%32%
Net Profit2931166
EPS in Rs45.606.831.515.973.183.26
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales101828464758
Expenses81624303239
Operating Profit124161519
OPM %12%9%13%35%33%33%
Other Income000151
Interest000112
Depreciation000001
Profit before tax114161817
Tax %25%26%27%27%24%29%
Net Profit113111412
EPS in Rs14.0021.2051.408.547.486.44
Dividend Payout %0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%43%27%22%
Compounded Profit Growth%77%68%30%
Stock Price CAGR%%%-55%
Return on Equity%27%26%17%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.500.500.50131919
Reserves24664557
Borrowings5599814
Other Liabilities34710912
Total Liabilities1114233981102
Fixed Assets341010944
CWIP0000291
Investments000000
Other Assets81013294257
Total Assets1114233981102
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-12-0-2-10
Cash from Investing Activity-1-0-70-25-8
Cash from Financing Activity1-171296
Net Cash Flow0-0004-1
Free Cash Flow-11-7-2-26-7
CFO/OP-60%113%8%-1%19%19%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days177127153144212201
Inventory Days461463663159
Days Payable13889101492853
Cash Conversion Cycle865257131248307
Working Capital Days716139127174154
ROCE %21%31%74%32%23%
Sep 2024Mar 2025Sep 2025Mar 2026
Promoters68.75%68.75%68.75%68.85%
FIIs1.34%2.88%1.82%1.98%
DIIs6.98%0.79%0.00%0.00%
Public22.93%27.58%29.43%29.17%
No. of Shareholders6559471,2901,425

Fundamentals

Market Cap₹ 127 Cr.
Current Price₹ 67.8
Stock P/E10.5
Book Value₹ 40.4
ROCE22.7 %
ROE17.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)22%
Compounded Profit Growth (TTM)30%
Standalone figures.
Valuation
Market capRs 127 Cr
Enterprise valueRs 132 Cr
P/E (TTM)119.74x
Price to book31.42x
Price to sales7.09x
EV / EBITDA67.10x
EV / EBIT71.45x
EV / sales7.38x
Price to cash flow81.89x
Earnings yield0.84%
Profitability
Operating margin (excl. other income)8.83%
Operating margin (incl. other income)11.01%
EBITDA margin11.01%
Pre-tax margin8.04%
Net profit margin5.92%
ROE30.16%
ROCE20.72%
ROA8.54%
ROIC (approx.)14.64%
Tax rate26.39%
Other income / net worth9.65%
Growth
Sales growth (latest year)86.26%
Profit growth (latest year)51.43%
Per share
EPS (TTM)Rs 0.56
EPS (latest year)Rs 21.20
Book value per shareRs 2.15
Sales per shareRs 9.53
Cash flow per shareRs 0.82
Free cash flow per shareRs -3.73
Efficiency
Asset turnover1.29x
Fixed asset turnover5.01x
Inventory turnover27.51x
Inventory days13 days
Debtor days127 days
Debtors turnover2.88x
Creditor days53 days
Cash conversion cycle307 days
Working capital days154 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 0 Cr
Net debtRs 5 Cr
Debt to equity1.33x
Net debt / EBITDA2.67x
Interest coverage4.51x
Owners' fund to total sources29.15%
Debt to assets38.89%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -7 Cr
FCFE (approx.: FCF + change in debt)Rs -7 Cr
Cash from ops / profit, 5 years-0.02x
Sales to cash flow11.55x
Statement figures
Net sales (TTM)Rs 18 Cr
Net sales (latest year)Rs 18 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 12 Cr
Total expenditure (latest year)Rs 16 Cr
Total income (latest year)Rs 18 Cr
Share capitalRs 0 Cr
ReservesRs 4 Cr
Shareholders' fundsRs 4 Cr
Total assetsRs 14 Cr
Net blockRs 4 Cr
ReceivablesRs 6 Cr
InventoryRs 0 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)1.88
Ownership
Promoter holding68.85%
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).
PeriodENVIRONifty 50Difference
1 week-3.6%-2.8% -0.9 pts
1 month-2.2%-6.8% +4.5 pts
3 months-10.4%-7.6% -2.8 pts
6 months-32.7%+0.4% -33.1 pts
1 year-56.1%-9.9% -46.2 pts

Red flags

F-score 7 of 8
No 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 2026
Sales ₹32 Cr +14.3% vs Mar 2024. Net profit ₹6 Cr -33.3%.

Activity

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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 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 monthsLess than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded

Quick answers

What is the market cap of Envirotech Systems Ltd?

Envirotech Systems Ltd (ENVIRO) has a market capitalisation of Rs 127 Cr. at the 2026-10-01 close.

What is the P/E ratio of Envirotech Systems Ltd?

Envirotech Systems Ltd trades at a P/E of 10.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Envirotech Systems Ltd's latest quarterly results?

In the Mar 2026 quarter, Envirotech Systems Ltd sales was Rs 32 Cr (+14.3% vs Mar 2024) and net profit was Rs 6 Cr.

What is the 52-week high and low of Envirotech Systems Ltd?

The 52-week high is Rs 172.00 and the 52-week low is Rs 60.00.

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