MarketFriction

GKB Ophthalmics Ltd

NSE GKB · BSE 533212 · Medical Equipment & Supplies
₹64.36 +0.05%
NSE close2026-10-01
52 week range60.30 - 76.02
Market cap₹32.3 Cr.
P/E8.79
Price band 10% Delivery 68.0%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales20.4024.0421.5626.0226.1425.8031.0232.3130.1756.7929.7933.04
Expenses20.6924.6621.5624.9826.2026.7433.8831.5127.1555.1326.7130.41
Operating Profit-0.29-0.620.001.04-0.06-0.94-2.860.803.021.663.082.63
OPM %-1.42%-2.58%0.00%4.00%-0.23%-3.64%-9.22%2.48%10.01%2.92%10.34%7.96%
Other Income0.310.350.600.280.280.480.350.210.370.57-0.680.73
Interest0.460.440.570.550.550.630.630.770.660.730.520.51
Depreciation0.730.730.720.760.770.770.800.800.820.820.800.80
Profit before tax-1.17-1.44-0.690.01-1.10-1.86-3.94-0.561.910.681.082.05
Tax %0.00%0.00%30.43%600.00%5.45%2.69%4.82%14.29%3.66%-4.41%-3.70%9.76%
Net Profit-1.19-1.44-0.890.11-1.15-1.91-4.13-0.641.840.701.121.85
EPS in Rs-2.32-2.48-1.81-0.50-2.42-4.03-7.04-2.023.170.870.382.00
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales447678575957717588109149150
Expenses447577565655667288112140139
Operating Profit-121122541-3910
OPM %-1.6%2.5%1.7%2.0%3.6%4.0%7%4.9%0.6%-2.5%6%7%
Other Income1240212112201
Interest211112122232
Depreciation112443333333
Profit before tax83-1-2-2-120-3-736
Tax %50%12%-15%-30%0%-19%0%14%8%5%2%
Net Profit43-1-1-2-120-3-736
EPS in Rs9.516.24-2.34-2.37-3.65-1.812.52-0.34-5.57-13.972.226.42
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%21%25%30%
Compounded Profit Growth11%77%138%147%
Stock Price CAGR-7%-6%-14%-7%
Return on Equity-2%-2%-5%3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital444455555555
Reserves364143415054585858554748
Borrowings977101415121211111412
Other Liabilities261728282528323538435968
Total Liabilities7569828394102107110112114125132
Fixed Assets121318182626242319181715
CWIP111000134444
Investments16103011222222
Other Assets46466064687580828791102111
Total Assets7569828394102107110112114125132
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity7-11-3-34375-34-3-4
Cash from Investing Activity-01541-10-4-17-41-239
Cash from Financing Activity-6-3-111343-2-2-21-6
Net Cash Flow10-1074-7-0-41-0-0
Free Cash Flow7-13-9-5-6-010-22-6-5
CFO/OP1,117%639%-112%-190%346%154%300%105%-71%865%118%-41%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days19114311812915015512510013411785110
Inventory Days424285225223289301349307298245250189
Days Payable343156169168217234234208183202195195
Cash Conversion Cycle271272174184222223239199249160141104
Working Capital Days97156111115110110117105135977878
ROCE %-0%-1%3%0%-2%-1%3%4%2%-1%-6%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters50.86%50.88%50.93%50.95%50.95%50.98%50.99%51.06%51.06%51.13%51.13%51.15%
FIIs1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%1.79%
Public47.36%47.34%47.28%47.26%47.28%47.23%47.23%47.16%47.17%47.09%47.09%47.07%
No. of Shareholders2,1152,2332,3702,6902,5102,5392,5382,5502,6012,6612,6342,557

Fundamentals

Market Cap₹ 32.3 Cr.
Current Price₹ 64.0
Stock P/E8.79
Book Value₹ 105
ROCE10.9 %
ROE3.28 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)30%
Compounded Profit Growth (TTM)147%
Consolidated figures.
Valuation
Market capRs 32 Cr
Enterprise valueRs 39 Cr
P/E (TTM)10.01x
Price to book0.61x
Price to sales0.22x
EV / EBITDA3.44x
EV / EBIT4.82x
EV / sales0.26x
Earnings yield9.99%
P/E, 3-year average23.63x
P/B, 3-year average0.61x
P/E, 5-year average30.07x
P/B, 5-year average0.69x
Profitability
Operating margin (excl. other income)5.74%
Operating margin (incl. other income)6.04%
EBITDA margin7.60%
Pre-tax margin3.82%
Net profit margin2.16%
Net margin, latest quarter3.06%
ROE2.13%
ROCE8.80%
ROA0.87%
ROE, 3-year average-5.01%
ROCE, 3-year average0.42%
ROA, 3-year average-2.49%
ROE, 5-year average-2.66%
ROCE, 5-year average1.66%
ROA, 5-year average-1.29%
ROIC (approx.)13.35%
Tax rate2.26%
Other income / net worth0.85%
Growth
Sales growth (latest year)36.76%
Sales CAGR, 3 years25.47%
Sales CAGR, 5 years21.25%
Sales growth QoQ10.91%
Profit growth QoQ431.58%
Sales growth YoY (latest quarter)2.26%
Per share
EPS (TTM)Rs 6.43
EPS (latest year)Rs 2.22
EPS (latest quarter)Rs 2.00
EPS, 3-year averageRs -5.77
EPS, 5-year averageRs -3.03
Book value per shareRs 104.81
Sales per shareRs 297.17
Cash flow per shareRs -7.56
Free cash flow per shareRs -9.92
Efficiency
Asset turnover1.13x
Fixed asset turnover9.93x
Inventory turnover2.02x
Inventory days180 days
Debtor days110 days
Debtors turnover3.32x
Creditor days195 days
Cash conversion cycle104 days
Working capital days78 days
Leverage
Total debtRs 12 Cr
Cash and bankRs 5 Cr
Net debtRs 7 Cr
Debt to equity0.22x
Net debt / EBITDA0.59x
Interest coverage3.36x
Owners' fund to total sources39.97%
Debt to assets8.82%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs 9 Cr
Cash from Financing Activity (latest year)Rs -6 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -5 Cr
FCFE (approx.: FCF + change in debt)Rs -8 Cr
Statement figures
Net sales (TTM)Rs 150 Cr
Net sales (latest year)Rs 149 Cr
Sales (latest quarter)Rs 33 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 11 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 111 Cr
Total expenditure (latest year)Rs 140 Cr
Total income (latest year)Rs 150 Cr
Share capitalRs 5 Cr
ReservesRs 48 Cr
Shareholders' fundsRs 53 Cr
Total assetsRs 132 Cr
Net blockRs 15 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 2 Cr
ReceivablesRs 45 Cr
InventoryRs 55 Cr
Other liabilitiesRs 68 Cr
Shares outstanding (crore)0.50
Ownership
Promoter holding51.15% (+0.09 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodGKBNifty 50Difference
1 week-4.9%-2.8% -2.1 pts
1 month-2.6%-6.8% +4.2 pts
3 months+43.0%-7.6% +50.6 pts
6 months+47.6%+0.4% +47.2 pts
1 year+247.0%-9.9% +256.9 pts
2 years+110.7%-13.6% +124.2 pts
3 years-23.4%+14.2% -37.6 pts
5 years-23.4%+27.9% -51.3 pts

Red flags

F-score 6 of 8
explainReceivables outrunning sales Receivables grew 76% vs sales +37% 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 2026
Sales ₹33 Cr +2.3% vs Jun 2025. Net profit ₹2 Cr +389.1%.
Against our estimate for Jun 2026: sales -35.3%, profit +45.1% in line. Our estimate for Sep 2026: sales Rs 30 Cr, profit Rs 1 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2014-08-26Annual General Meeting
2013-08-21Annual General Meeting
2012-08-0230th Annual General Meeting
2011-09-21Annual General Meeting
2010-09-21Annual General Meeting And Dividend Of Rs.1.20 Per Share
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.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of GKB Ophthalmics Ltd?

GKB Ophthalmics Ltd (GKB) has a market capitalisation of Rs 32.3 Cr. at the 2026-10-01 close.

What is the P/E ratio of GKB Ophthalmics Ltd?

GKB Ophthalmics Ltd trades at a P/E of 8.79 on trailing twelve-month profit, at the 2026-10-01 close.

What were GKB Ophthalmics Ltd's latest quarterly results?

In the Jun 2026 quarter, GKB Ophthalmics Ltd sales was Rs 33 Cr (+2.3% vs Jun 2025) and net profit was Rs 2 Cr.

What is the 52-week high and low of GKB Ophthalmics Ltd?

The 52-week high is Rs 76.02 and the 52-week low is Rs 60.30.

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