Price
Financials
Consolidated, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 124 | 188 | 140 | 142 | 85 | 89 | 109 | 77 | 54 | 80 | 134 | 69 |
| Interest | 1 | 1 | 2 | 1 | 2 | 1 | 2 | 1 | 1 | 2 | 1 | 1 |
| Expenses | 113 | 149 | 136 | 124 | 88 | 89 | 108 | 70 | 53 | 78 | 150 | 67 |
| Financing Profit | 10 | 38 | 1 | 17 | -5 | -1 | -0 | 7 | -0 | 0 | -17 | 0 |
| Financing Margin % | 8% | 20% | 1% | 12% | -6% | -1% | -0% | 9% | -0% | 1% | -13% | 0% |
| Other Income | 25 | 5 | 12 | 4 | 13 | 5 | 9 | 11 | 17 | 37 | 41 | 12 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 35 | 42 | 12 | 20 | 8 | 4 | 8 | 16 | 16 | 37 | 23 | 11 |
| Tax % | 1% | 1% | 1% | 0% | 9% | -12% | 13% | 0% | 7% | 0% | -5% | -2% |
| Net Profit | 34 | 42 | 12 | 20 | 7 | 4 | 7 | 16 | 14 | 37 | 24 | 11 |
| EPS in Rs | 3.48 | 4.23 | 1.23 | 1.69 | 0.34 | 0.20 | 0.33 | 0.82 | 0.72 | 1.82 | 1.18 | 0.54 |
| Gross NPA % | ||||||||||||
| Net NPA % |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 10 | 8 | 7 | 6 | 5 | 96 | 132 | 543 | 451 | 384 | 336 |
| Interest | 3 | 4 | 4 | 2 | 1 | 0 | 2 | 0 | 4 | 6 | 5 | 5 |
| Expenses | 4 | 6 | 4 | 3 | 4 | 2 | 78 | 112 | 472 | 408 | 350 | 348 |
| Financing Profit | 3 | 0 | 1 | 2 | 2 | 3 | 16 | 20 | 67 | 37 | 29 | -17 |
| Financing Margin % | 28% | 1% | 8% | 32% | 25% | 52% | 16% | 15% | 12% | 8% | 7% | -5% |
| Other Income | 0 | 1 | 1 | 0 | 0 | 0 | 743 | 2 | 31 | 5 | 67 | 106 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 2 | 2 | 3 | 4 | 4 |
| Profit before tax | 3 | 1 | 1 | 2 | 2 | 3 | 748 | 20 | 95 | 39 | 91 | 86 |
| Tax % | 21% | 33% | 45% | 29% | 28% | 39% | -0% | -4% | 2% | 3% | 0% | |
| Net Profit | 2 | 1 | 1 | 2 | 1 | 2 | 750 | 21 | 94 | 38 | 91 | 86 |
| EPS in Rs | 0.57 | 0.25 | 0.21 | 0.45 | 0.31 | 0.49 | 16.37 | 5.92 | 9.49 | 1.87 | 4.53 | 4.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 45% | 134% | 43% | -7% | ||
| Compounded Profit Growth | 45% | 115% | 62% | 168% | ||
| Stock Price CAGR | 30% | 68% | 7% | 7% | ||
| Return on Equity | 10% | 12% | 12% | 12% |
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 8 | 12 | 20 | 20 |
| Reserves | 49 | 51 | 54 | 54 | 56 | 57 | 59 | 144 | 229 | 401 | 608 | 701 |
| Borrowing | 7 | 40 | 41 | 23 | 13 | 4 | 4 | 5 | 34 | 58 | 80 | 66 |
| Other Liabilities | 0 | 5 | 6 | 5 | 5 | 12 | 4 | 22 | 26 | 28 | 42 | 48 |
| Total Liabilities | 61 | 100 | 104 | 86 | 78 | 77 | 71 | 174 | 297 | 499 | 751 | 835 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 67 | 65 | 94 | 109 | 118 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 30 | 77 |
| Investments | 15 | 0 | 2 | 2 | 2 | 1 | 1 | 2 | 4 | 11 | 10 | 13 |
| Other Assets | 46 | 100 | 102 | 84 | 76 | 76 | 70 | 106 | 225 | 391 | 601 | 628 |
| Total Assets | 61 | 100 | 104 | 86 | 78 | 77 | 71 | 174 | 297 | 499 | 751 | 835 |
| 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 | -2 | -43 | -2 | -3 | -4 | 6 | -11 | -64 | -18 | -109 | -237 | 64 |
| Cash from Investing Activity | -1 | 20 | -5 | 13 | 16 | -10 | 44 | 34 | -82 | 9 | 44 | -32 |
| Cash from Financing Activity | 7 | 32 | -3 | -10 | -12 | 6 | -22 | 9 | 98 | 101 | 193 | -32 |
| Net Cash Flow | 4 | 10 | -11 | 0 | 0 | 2 | 10 | -21 | -3 | -0 | -0 | -0 |
| Free Cash Flow | -2 | -43 | -17 | 6 | 6 | 12 | 2 | -1 | -24 | -117 | -283 | 7 |
| CFO/OP | -140% | -757% | -27% | -53% | -78% | 293% | -368% | -348% | -91% | -152% | -556% | 190% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 1% | 4% | 2% | 1% | 3% | 2% | 3% | 2% | 10% | 23% | 7% | 12% |
| 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 | 62.69% | 63.07% | 63.07% | 64.13% | 65.91% | 65.91% | 65.91% | 65.91% | 65.91% | 65.84% | 65.84% | 65.84% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.10% | 0.06% | 0.06% | 0.06% | 0.06% | 0.09% | 0.09% | 0.09% | 0.20% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.06% | 0.17% | 0.17% | 0.17% |
| Public | 37.29% | 36.93% | 36.93% | 35.76% | 34.04% | 34.03% | 34.02% | 33.96% | 33.93% | 33.91% | 33.90% | 33.79% |
| No. of Shareholders | 1,605 | 1,701 | 2,674 | 2,619 | 6,829 | 8,374 | 8,386 | 8,303 | 8,426 | 13,214 | 13,481 | 13,385 |
Fundamentals
Market Cap₹ 1,224 Cr.
Current Price₹ 60.7
Stock P/E16.0
Book Value₹ 35.8
ROCE11.2 %
ROE11.6 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-7%
Compounded Profit Growth (TTM)168%
Consolidated figures.
Valuation
Market capRs 1,284 Cr
Enterprise valueRs 1,249 Cr
P/E (TTM)14.98x
Price to book1.78x
Price to sales3.82x
EV / EBITDA13.17x
EV / EBIT13.77x
EV / sales3.72x
Price to cash flow20.00x
Earnings yield6.67%
P/E, 3-year average1.61x
P/B, 3-year average0.19x
P/E, 5-year average1.71x
P/B, 5-year average0.18x
Profitability
Operating margin (excl. other income)8.82%
Operating margin (incl. other income)26.19%
EBITDA margin28.21%
Pre-tax margin25.43%
Net profit margin25.48%
Net margin, latest quarter15.71%
ROE13.53%
ROCE12.89%
ROA11.51%
ROE, 3-year average16.56%
ROCE, 3-year average15.76%
ROA, 3-year average13.73%
ROE, 5-year average23.00%
ROCE, 5-year average148.28%
ROA, 5-year average19.32%
ROIC (approx.)13.21%
Tax rate0.02%
Other income / net worth9.25%
Growth
Sales growth (latest year)-14.88%
Profit growth (latest year)142.14%
Sales CAGR, 3 years42.70%
Sales CAGR, 5 years134.32%
Profit CAGR, 3 years63.95%
Profit CAGR, 5 years121.83%
Sales growth QoQ-48.65%
Profit growth QoQ-54.42%
Sales growth YoY (latest quarter)-11.01%
Profit growth YoY (latest quarter)-34.26%
Per share
EPS (TTM)Rs 4.25
EPS (latest year)Rs 45.33
EPS (latest quarter)Rs 0.54
EPS, 3-year averageRs 36.76
EPS, 5-year averageRs 56.87
Book value per shareRs 35.73
Sales per shareRs 16.67
Cash flow per shareRs 3.18
Free cash flow per shareRs 0.35
Efficiency
Asset turnover0.46x
Fixed asset turnover3.24x
Inventory turnover9.17x
Inventory days40 days
Debtor days205 days
Debtors turnover1.78x
Leverage
Total debtRs 66 Cr
Cash and bankRs 101 Cr
Net debtRs -34 Cr
Debt to equity0.09x
Net debt / EBITDA-0.36x
Interest coverage17.35x
Owners' fund to total sources86.28%
Debt to assets7.95%
Cash flow
Cash from Operating Activity (latest year)Rs 64 Cr
Cash from Investing Activity (latest year)Rs -32 Cr
Cash from Financing Activity (latest year)Rs -32 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-0.37x
Sales to cash flow5.98x
Statement figures
Net sales (TTM)Rs 336 Cr
Net sales (latest year)Rs 384 Cr
Sales (latest quarter)Rs 69 Cr
Operating profit excl. other income (latest year)Rs 34 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 106 Cr
EBITDA (TTM)Rs 95 Cr
PBDT (TTM)Rs 90 Cr
Profit before tax (TTM)Rs 86 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 86 Cr
Net profit (latest year)Rs 91 Cr
Net profit (latest quarter)Rs 11 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 343 Cr
Total expenditure (latest year)Rs 350 Cr
Total income (latest year)Rs 450 Cr
Share capitalRs 20 Cr
ReservesRs 701 Cr
Shareholders' fundsRs 721 Cr
Total assetsRs 835 Cr
Net blockRs 118 Cr
Capital work in progressRs 77 Cr
InvestmentsRs 13 Cr
ReceivablesRs 215 Cr
InventoryRs 37 Cr
Other liabilitiesRs 48 Cr
Shares outstanding (crore)20.17
Ownership
Promoter holding65.84% (-0.07 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 15.0 is at the 17th percentile of its own 9.4-year range
(median 48.8, low 2.3, high 216.1).
P/B 1.78 is at the 51th percentile (median 1.75).
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 | FEDDERSHOL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.7% | -2.8% | +1.1 pts |
| 1 month | +40.7% | -6.8% | +47.5 pts |
| 3 months | +54.7% | -7.6% | +62.3 pts |
| 3 years | +26.8% | +14.2% | +12.6 pts |
| 5 years | +1333.1% | +27.9% | +1305.2 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -126% of net profit over the last 3 years |
| explain | Share dilution Share count up 0% in a year, 475% in three |
| look | Profit leans on other income Other income was 73% of pre-tax profit in 2026 |
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 2026Revenue ₹69 Cr -10.4% vs Jun 2025.
Net profit ₹11 Cr -31.2%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bajaj Finance Ltd | 606,283 | 29.6 | 10.9 % |
| Shriram Finance Ltd | 228,598 | 20.2 | 11.5 % |
| Tata Capital Ltd | 140,654 | 25.9 | 8.58 % |
| Cholamandalam Investment & Finance Company Ltd | 139,031 | 24.2 | 9.71 % |
| Muthoot Finance Ltd | 109,874 | 9.66 | 15.8 % |
| L&T Finance Ltd | 67,935 | 21.2 | 8.40 % |
| SBI Cards & Payment Services Ltd | 55,290 | 24.3 | 10.1 % |
| HDB Financial Services Ltd | 52,415 | 19.0 | 9.09 % |
| Sundaram Finance Ltd | 48,161 | 21.2 | 9.44 % |
| Authum Investment & Infrastructure Ltd | 46,011 | 22.0 | 13.6 % |
| Mahindra & Mahindra Financial Services Ltd | 45,035 | 13.5 | 8.72 % |
| Poonawalla Fincorp Ltd | 39,011 | 49.6 | 7.51 % |
| Manappuram Finance Ltd | 29,725 | 20.5 | 8.25 % |
| IIFL Finance Ltd | 25,929 | 12.3 | 10.9 % |
| Capri Global Capital Ltd | 23,756 | 21.1 | 11.7 % |
| Date | Client | Side | Qty | Price |
|---|---|---|---|---|
| 2026-10-01 | Qe Securities Llp | SELL | 1,782,068 | 65.21 |
| 2026-10-01 | Qe Securities Llp | BUY | 1,814,531 | 64.96 |
| 2026-10-01 | Plutus Wealth Management Llp | SELL | 1,366,122 | 65.21 |
| 2026-10-01 | Plutus Wealth Management Llp | BUY | 1,366,122 | 65.17 |
| 2026-10-01 | Nk Securities Research Private Limited | SELL | 2,591,033 | 65.29 |
| 2026-10-01 | Nk Securities Research Private Limited | BUY | 2,591,033 | 65.25 |
| 2026-10-01 | Microcurves Trading Private Limited | SELL | 3,154,967 | 65.62 |
| 2026-10-01 | Microcurves Trading Private Limited | BUY | 3,154,967 | 65.54 |
| 2026-10-01 | Junomoneta Finsol Private Limited | SELL | 2,172,912 | 65.41 |
| 2026-10-01 | Junomoneta Finsol Private Limited | BUY | 2,169,568 | 65.35 |
| 2026-10-01 | Hrti Private Limited | SELL | 3,471,200 | 65.37 |
| 2026-10-01 | Hrti Private Limited | BUY | 3,471,775 | 65.12 |
| 2026-10-01 | Alphagrep Securities Private Limited | SELL | 1,324,357 | 65.67 |
| 2026-10-01 | Alphagrep Securities Private Limited | BUY | 1,324,357 | 65.59 |
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 25perc in previous 1 monthClose to Close price movement greater than 25perc in previous 15 DaysHigh low price variation greater than 75perc in previous 3 months