Price
Financials
Standalone, Rs crore| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 114 | 140 | 157 | 165 | 178 | 224 | 311 |
| Expenses | 111 | 137 | 154 | 162 | 174 | 220 | 304 |
| Operating Profit | 2 | 3 | 3 | 3 | 5 | 4 | 7 |
| OPM % | 2.0% | 2.0% | 2.1% | 1.7% | 2.6% | 1.7% | 2.3% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 3 | 2 | 4 | 3 | 6 |
| Tax % | 28% | 28% | 28% | 28% | 28% | 28% | 28% |
| Net Profit | 1 | 2 | 2 | 2 | 3 | 2 | 5 |
| EPS in Rs | 19.40 | 2.11 | 1.83 | 1.68 | 2.76 | 2.22 | 4.42 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 1 | 91 | 196 | 298 | 343 | 535 |
| Expenses | 1 | 89 | 190 | 288 | 330 | 517 |
| Operating Profit | -0 | 2 | 6 | 10 | 12 | 18 |
| OPM % | -18% | 1.8% | 3.1% | 3.2% | 3.6% | 3.4% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 3 | 4 | 5 | 8 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | -0 | 0 | 2 | 5 | 6 | 9 |
| Tax % | 4% | 30% | 27% | 28% | 28% | 28% |
| Net Profit | -0 | 0 | 2 | 3 | 5 | 7 |
| EPS in Rs | -16.00 | 2.60 | 32.00 | 3.34 | 4.43 | 6.63 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 252% | 40% | 56% | ||
| Compounded Profit Growth | % | 98% | 62% | 49% | ||
| Stock Price CAGR | % | % | % | 54% | ||
| Return on Equity | % | 19% | 17% | 18% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 0.50 | 0.50 | 10 | 10 | 10 |
| Reserves | -0 | 0 | 2 | 20 | 24 | 31 |
| Borrowings | 0 | 6 | 11 | 0 | 3 | 0 |
| Other Liabilities | 6 | 16 | 30 | 31 | 47 | 92 |
| Total Liabilities | 7 | 22 | 43 | 61 | 85 | 133 |
| Fixed Assets | 0 | 4 | 5 | 4 | 4 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 7 | 18 | 38 | 57 | 81 | 129 |
| Total Assets | 7 | 22 | 43 | 61 | 85 | 133 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | -1 | -2 | -0 | 6 | 11 |
| Cash from Investing Activity | -0 | -5 | -1 | -0 | -0 | -1 |
| Cash from Financing Activity | 0 | 6 | 4 | 13 | 3 | -4 |
| Net Cash Flow | 0 | 0 | 0 | 13 | 8 | 6 |
| Free Cash Flow | 0 | -6 | -3 | -1 | 6 | 10 |
| CFO/OP | -39% | -76% | -24% | 13% | 60% | 74% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0 | 9 | 6 | 2 | 3 | 1 |
| Inventory Days | 607 | 46 | 47 | 40 | 46 | 55 |
| Days Payable | 1,306 | 53 | 36 | 14 | 16 | 24 |
| Cash Conversion Cycle | -699 | 3 | 17 | 28 | 32 | 33 |
| Working Capital Days | -557 | -4 | 14 | 36 | 39 | 38 |
| ROCE % | 35% | 57% | 41% | 34% | 44% |
| Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Promoters | 71.64% | 71.64% | 71.64% | 72.53% | 73.41% | 71.89% |
| FIIs | 8.79% | 7.19% | 4.96% | 3.94% | 4.92% | 3.67% |
| DIIs | 0.16% | 0.00% | 0.44% | 0.62% | 0.00% | 0.00% |
| Public | 19.42% | 21.17% | 22.96% | 22.90% | 21.67% | 24.43% |
| No. of Shareholders | 532 | 691 | 689 | 664 | 629 | 618 |
Fundamentals
Market Cap₹ 156 Cr.
Current Price₹ 152
Stock P/E22.9
Book Value₹ 40.2
ROCE44.4 %
ROE17.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)56%
Compounded Profit Growth (TTM)49%
Standalone figures.
Valuation
Market capRs 141 Cr
Enterprise valueRs 146 Cr
P/E (TTM)1082.81x
Price to book234.61x
Price to sales1.55x
EV / EBITDA87.52x
EV / EBIT107.47x
EV / sales1.61x
Earnings yield0.09%
Profitability
Operating margin (excl. other income)1.84%
Operating margin (incl. other income)1.84%
EBITDA margin1.84%
Pre-tax margin0.22%
Net profit margin0.14%
ROE13.98%
ROCE35.32%
ROA0.88%
ROIC (approx.)15.89%
Tax rate30.00%
Growth
Sales growth (latest year)9083.84%
Per share
EPS (TTM)Rs 0.13
EPS (latest year)Rs 2.60
Book value per shareRs 0.58
Sales per shareRs 88.62
Cash flow per shareRs -1.27
Free cash flow per shareRs 9.75
Efficiency
Asset turnover4.05x
Fixed asset turnover21.44x
Inventory turnover7.92x
Inventory days46 days
Debtor days9 days
Debtors turnover40.05x
Creditor days24 days
Cash conversion cycle33 days
Working capital days38 days
Leverage
Total debtRs 6 Cr
Cash and bankRs 0 Cr
Net debtRs 5 Cr
Debt to equity9.73x
Net debt / EBITDA3.23x
Interest coverage1.17x
Owners' fund to total sources2.67%
Debt to assets26.04%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -5 Cr
Cash from Financing Activity (latest year)Rs 6 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 10 Cr
Cash from ops / profit, 5 years0.82x
Statement figures
Net sales (TTM)Rs 91 Cr
Net sales (latest year)Rs 91 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 83 Cr
Total expenditure (latest year)Rs 89 Cr
Total income (latest year)Rs 91 Cr
Share capitalRs 0 Cr
ReservesRs 0 Cr
Shareholders' fundsRs 1 Cr
Total assetsRs 22 Cr
Net blockRs 4 Cr
ReceivablesRs 2 Cr
InventoryRs 11 Cr
Other liabilitiesRs 16 Cr
Shares outstanding (crore)1.03
Ownership
Promoter holding71.89% (+0.25 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 | FONEBOX | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -14.1% | -2.8% | -11.3 pts |
| 1 month | +38.6% | -6.8% | +45.4 pts |
| 3 months | +61.4% | -7.6% | +69.0 pts |
| 6 months | +80.5% | +0.4% | +80.1 pts |
| 1 year | +57.7% | -9.9% | +67.6 pts |
| 2 years | -6.3% | -13.6% | +7.3 pts |
Red flags
F-score 4 of 8| explain | Low interest cover Interest cover 1.2x in 2026 |
| look | Share dilution Share count up 150% in a year |
| look | On NSE surveillance On NSE surveillance: ESM |
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 ₹311 Cr +98.1% vs Mar 2024.
Net profit ₹5 Cr +150.0%.
Activity
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| Trent Ltd | 140,507 | 76.8 | 28.3 % |
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| Aditya Vision Ltd | 7,565 | 54.0 | 17.1 % |
| Aditya Birla Fashion & Retail Ltd | 5,644 | -3.76 % | |
| SS Retail Ltd | 5,548 | 89.8 | 25.2 % |
| Arvind Fashions Ltd | 5,491 | 41.9 | 19.6 % |
| Purple Style Labs Ltd | 4,224 | -12.4 % | |
| Baazar Style Retail Ltd | 3,082 | 113 | 7.57 % |
| Shankara Buildpro Ltd | 3,023 | 22.7 | 39.0 % |
| Go Fashion (India) Ltd | 1,602 | 30.0 | 10.8 % |
| Sai Silks (Kalamandir) Ltd | 1,169 | 8.56 | 14.4 % |
| Bhatia Communications & Retail (India) Ltd | 554 | 27.7 | 21.3 % |
| Credo Brands Marketing Ltd | 453 | 10.2 | 14.4 % |
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.
ESM: stage 1Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded