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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 120.55 | 122.99 | 121.50 | 123.24 | 125.57 | 128.34 | 130.04 | 128.99 | 132.51 | 136.67 | 136.05 | 139.63 |
| Expenses | 115.71 | 118.02 | 116.65 | 118.48 | 120.97 | 123.96 | 126.38 | 124.17 | 128.46 | 132.77 | 132.05 | 134.73 |
| Operating Profit | 4.84 | 4.97 | 4.85 | 4.76 | 4.60 | 4.38 | 3.66 | 4.82 | 4.05 | 3.90 | 4.00 | 4.90 |
| OPM % | 4.01% | 4.04% | 3.99% | 3.86% | 3.66% | 3.41% | 2.81% | 3.74% | 3.06% | 2.85% | 2.94% | 3.51% |
| Other Income | 1.44 | 1.59 | 2.51 | 0.77 | 0.60 | 0.09 | 0.12 | 0.08 | 0.06 | 0.03 | 0.23 | 0.33 |
| Interest | 2.98 | 2.86 | 3.16 | 1.61 | 0.32 | 0.31 | 0.32 | 0.33 | 0.25 | 0.26 | 0.31 | 0.39 |
| Depreciation | 0.25 | 0.24 | 0.23 | 0.22 | 0.21 | 0.24 | 0.18 | 0.18 | 0.18 | 0.17 | 0.16 | 0.15 |
| Profit before tax | 3.05 | 3.46 | 3.97 | 3.70 | 4.67 | 3.92 | 3.28 | 4.39 | 3.68 | 3.50 | 3.76 | 4.69 |
| Tax % | 19.67% | 35.55% | 40.55% | -0.27% | 16.06% | 31.12% | 28.35% | 6.38% | 7.61% | 25.43% | 16.22% | 2.99% |
| Net Profit | 2.45 | 2.22 | 2.36 | 3.71 | 3.92 | 2.70 | 2.35 | 4.10 | 3.41 | 2.62 | 3.15 | 4.55 |
| EPS in Rs | 1.66 | 1.51 | 1.45 | 2.27 | 2.40 | 1.66 | 1.44 | 2.51 | 2.09 | 1.61 | 1.93 | 2.79 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 717 | 939 | 1,170 | 837 | 591 | 613 | 422 | 457 | 485 | 507 | 534 | 545 |
| Expenses | 682 | 921 | 1,151 | 832 | 584 | 605 | 409 | 441 | 466 | 489 | 517 | 528 |
| Operating Profit | 35 | 18 | 19 | 5 | 7 | 9 | 13 | 16 | 20 | 18 | 17 | 17 |
| OPM % | 4.8% | 1.9% | 1.6% | 0.6% | 1.2% | 1.4% | 3.0% | 3.4% | 4.0% | 3.5% | 3.1% | 3.1% |
| Other Income | 39 | 7 | 5 | 5 | 5 | 6 | 5 | 5 | 7 | 1 | 0 | 1 |
| Interest | 2 | 4 | 3 | 5 | 6 | 3 | 4 | 8 | 12 | 3 | 1 | 1 |
| Depreciation | 28 | 2 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 43 | 19 | 20 | 3 | 2 | 9 | 12 | 11 | 14 | 16 | 15 | 16 |
| Tax % | 5% | 29% | 30% | -81% | 1% | 4% | -3% | 24% | 30% | 19% | 13% | |
| Net Profit | 42 | 13 | 14 | 6 | 2 | 8 | 13 | 8 | 10 | 13 | 13 | 14 |
| EPS in Rs | 28.18 | 9.01 | 9.32 | 3.84 | 1.43 | 5.66 | 8.70 | 5.71 | 6.01 | 7.78 | 8.14 | 8.42 |
| Dividend Payout % | 7% | 22% | 21% | 52% | 70% | 18% | 11% | 18% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -3% | -3% | 5% | 6% | ||
| Compounded Profit Growth | -1% | 10% | 17% | 5% | ||
| Stock Price CAGR | -13% | -4% | -11% | 2% | ||
| Return on Equity | 5% | 6% | 5% | 5% |
| 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 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | 16 | 16 |
| Reserves | 65 | 103 | 117 | 127 | 131 | 133 | 139 | 152 | 164 | 195 | 212 | 250 |
| Borrowings | 4 | 37 | 16 | 79 | 69 | 109 | 98 | 113 | 148 | 139 | 13 | 17 |
| Other Liabilities | 24 | 52 | 40 | 57 | 41 | 33 | 31 | 41 | 30 | 27 | 25 | 40 |
| Total Liabilities | 108 | 207 | 188 | 278 | 256 | 290 | 282 | 320 | 356 | 377 | 266 | 323 |
| Fixed Assets | 18 | 20 | 20 | 22 | 30 | 28 | 15 | 15 | 14 | 13 | 12 | 284 |
| CWIP | 26 | 0 | 0 | 0 | 1 | 21 | 61 | 108 | 155 | 180 | 221 | 0 |
| Investments | 9 | 59 | 72 | 72 | 74 | 71 | 72 | 75 | 82 | 87 | 3 | 0 |
| Other Assets | 55 | 129 | 96 | 185 | 151 | 170 | 134 | 122 | 105 | 98 | 30 | 39 |
| Total Assets | 108 | 207 | 188 | 278 | 256 | 290 | 282 | 320 | 356 | 377 | 266 | 323 |
| 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 | 3 | -42 | 39 | -55 | 16 | -13 | 35 | 33 | 14 | 17 | 83 | 19 |
| Cash from Investing Activity | 25 | 16 | -9 | 1 | -8 | 3 | -37 | -45 | -44 | -21 | 49 | -50 |
| Cash from Financing Activity | -22 | 29 | -28 | 57 | -19 | 17 | -5 | 10 | 26 | 2 | -130 | 3 |
| Net Cash Flow | 5 | 3 | 3 | 3 | -11 | 7 | -7 | -2 | -5 | -2 | 2 | -28 |
| Free Cash Flow | 2 | -45 | 37 | -58 | 5 | -22 | -5 | -14 | -33 | -7 | 41 | -33 |
| CFO/OP | 60% | -92% | 235% | -260% | 419% | -177% | 405% | 270% | 27% | 91% | 467% | 117% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 3 | 5 | 4 | 4 | 5 | 2 | 1 | 3 | 3 | 3 | 3 | 3 |
| Inventory Days | 43 | 25 | 104 | 22 | 13 | |||||||
| Days Payable | 25 | 11 | 17 | 18 | 18 | |||||||
| Cash Conversion Cycle | 3 | 22 | 18 | 4 | 5 | 2 | 1 | 3 | 3 | 89 | 7 | -1 |
| Working Capital Days | 5 | 18 | 7 | 26 | 33 | 60 | 45 | 56 | 46 | 49 | -0 | -2 |
| ROCE % | 7% | 8% | 11% | 10% | 2% | 2% | 5% | 6% | 6% | 8% | 6% | 6% |
| 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 | 47.68% | 47.68% | 43.06% | 43.06% | 43.06% | 43.06% | 43.06% | 43.06% | 43.06% | 43.06% | 43.06% | 43.06% |
| FIIs | 0.07% | 0.07% | 0.17% | 0.07% | 0.09% | 0.09% | 0.08% | 0.08% | 0.08% | 0.07% | 0.07% | 0.07% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% |
| Public | 52.24% | 52.25% | 56.77% | 56.88% | 56.86% | 56.82% | 56.84% | 56.84% | 56.85% | 56.87% | 56.86% | 56.86% |
| No. of Shareholders | 9,991 | 10,400 | 13,339 | 14,563 | 16,605 | 16,678 | 16,569 | 16,632 | 16,668 | 16,288 | 15,570 | 15,073 |
Fundamentals
Market Cap₹ 164 Cr.
Current Price₹ 98.0
Stock P/E12.0
Book Value₹ 163
ROCE6.29 %
ROE5.37 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)5%
Consolidated figures.
Valuation
Market capRs 164 Cr
Enterprise valueRs 177 Cr
P/E (TTM)11.96x
Price to book0.62x
Price to sales0.30x
EV / EBITDA10.10x
EV / EBIT10.50x
EV / sales0.32x
Price to cash flow8.66x
Earnings yield8.36%
P/E, 3-year average15.02x
P/B, 3-year average0.75x
P/E, 5-year average17.24x
P/B, 5-year average1.00x
Profitability
Operating margin (excl. other income)3.14%
Operating margin (incl. other income)3.22%
EBITDA margin3.21%
Pre-tax margin2.87%
Net profit margin2.52%
Net margin, latest quarter3.26%
ROE5.37%
ROCE6.29%
ROA4.51%
ROE, 3-year average5.39%
ROCE, 3-year average6.69%
ROA, 3-year average3.71%
ROE, 5-year average5.81%
ROCE, 5-year average6.48%
ROA, 5-year average3.57%
ROIC (approx.)5.22%
Tax rate13.49%
Other income / net worth0.15%
Growth
Sales growth (latest year)5.33%
Profit growth (latest year)4.65%
Sales CAGR, 3 years5.35%
Sales CAGR, 5 years-2.72%
Profit CAGR, 3 years16.45%
Profit CAGR, 5 years9.75%
Sales growth QoQ2.63%
Profit growth QoQ44.44%
Sales growth YoY (latest quarter)8.25%
Profit growth YoY (latest quarter)10.98%
Per share
EPS (TTM)Rs 8.19
EPS (latest quarter)Rs 2.71
EPS, 3-year averageRs 6.89
EPS, 5-year averageRs 7.05
Book value per shareRs 158.79
Sales per shareRs 324.87
Cash flow per shareRs 11.31
Free cash flow per shareRs -19.68
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout, 5-year average14.47%
Efficiency
Asset turnover1.65x
Fixed asset turnover1.88x
Inventory turnover27.87x
Inventory days13 days
Debtor days3 days
Debtors turnover116.13x
Creditor days18 days
Cash conversion cycle-1 days
Working capital days-2 days
Leverage
Total debtRs 17 Cr
Cash and bankRs 5 Cr
Net debtRs 13 Cr
Debt to equity0.06x
Net debt / EBITDA0.72x
Interest coverage13.92x
Owners' fund to total sources82.41%
Debt to assets5.35%
Cash flow
Cash from Operating Activity (latest year)Rs 19 Cr
Cash from Investing Activity (latest year)Rs -50 Cr
Cash from Financing Activity (latest year)Rs 3 Cr
Net Cash Flow (latest year)Rs -28 Cr
Free cash flow (latest year)Rs -33 Cr
FCFE (approx.: FCF + change in debt)Rs -28 Cr
Cash from ops / profit, 5 years2.91x
Sales to cash flow28.16x
Statement figures
Net sales (TTM)Rs 545 Cr
Net sales (latest year)Rs 534 Cr
Sales (latest quarter)Rs 140 Cr
Operating profit excl. other income (latest year)Rs 17 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 18 Cr
PBDT (TTM)Rs 16 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 14 Cr
Net profit (latest year)Rs 13 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 342 Cr
Total expenditure (latest year)Rs 517 Cr
Total income (latest year)Rs 535 Cr
Share capitalRs 16 Cr
ReservesRs 250 Cr
Shareholders' fundsRs 266 Cr
Total assetsRs 323 Cr
Net blockRs 284 Cr
ReceivablesRs 5 Cr
InventoryRs 12 Cr
Other liabilitiesRs 40 Cr
Shares outstanding (crore)1.68
Ownership
Promoter holding43.06% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 11.6 is at the 10th percentile of its own 9.4-year range
(median 23.4, low 6.0, high 95.2).
P/B 0.60 is at the 10th percentile (median 1.16).
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 | ISFT | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.1% | -2.8% | -1.4 pts |
| 1 month | +5.0% | -6.8% | +11.8 pts |
| 3 months | +26.6% | -7.6% | +34.2 pts |
| 6 months | +76.3% | +0.4% | +75.9 pts |
| 1 year | -4.4% | -9.9% | +5.5 pts |
| 2 years | -36.4% | -13.6% | -22.9 pts |
| 3 years | -31.2% | +14.2% | -45.4 pts |
| 5 years | -23.1% | +27.9% | -51.0 pts |
Red flags
F-score 4 of 8| 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
Jun 2026Sales ₹140 Cr +8.2% vs Jun 2025.
Net profit ₹5 Cr +11.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Eternal Ltd | 316,387 | 731 | 2.48 % |
| Meesho Ltd | 103,262 | -40.0 % | |
| FSN E-Commerce Ventures Ltd | 93,763 | 352 | 17.2 % |
| Swiggy Ltd | 70,029 | -24.1 % | |
| Urban Company Ltd | 25,247 | -7.82 % | |
| Cartrade Tech Ltd | 14,135 | 59.4 | 11.8 % |
| Brainbees Solutions Ltd | 9,626 | 0.57 % | |
| Shiprocket Ltd | 8,730 | -2.68 % | |
| Rentomojo Ltd | 5,219 | 48.0 | 21.5 % |
| RattanIndia Enterprises Ltd | 3,547 | -4.76 % | |
| Macfos Ltd | 1,084 | 40.8 | 33.8 % |
| Acetech E-Commerce Ltd | 238 | 23.1 | 34.6 % |
| Womancart Ltd | 81 | 9.90 | 12.8 % |
| Kaushalya Logistics Ltd | 78 | 6.36 | 17.0 % |
| Digidrive Distributors Ltd | 68 | 11.1 | 2.85 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-17 | Annual General Meeting | |
| 2023-09-18 | Annual General Meeting | |
| 2022-09-05 | Annual General Meeting/Dividend - Rs 1 Per Sh | |
| 2021-09-20 | Annual General Meeting/Dividend - Re 1 Per Share | |
| 2020-10-21 | Annual General Meeting/Dividend - Re 1 Per Sh | |
| 2019-08-30 | Annual General Meeting/Dividend - Rs 2 Per Share | |
| 2018-09-04 | Annual General Meeting/Dividend Rs 2 Per Share | |
| 2017-08-11 | Annual General Meeting/Dividend - Rs 2/- Per Share | |
| 2016-08-31 | Dividend Rs 2/- Per Share | |
| 2015-08-31 | Annual General Meeting/ Dividend - Re 1/- Per Share | |
| 2015-02-05 | Interim Dividend - Re 1/- Per Share | |
| 2014-08-20 | Annual General Meeting / Dividend - Re 1/- Per Share | |
| 2013-09-13 | Annual General Meeting/Dividend Re 1/- Per Share | |
| 2012-09-14 | Annual General Meeting/Dividend Re 1 Per Share | |
| 2011-09-19 | Annual General Meeting And Dividend - Re.0.50 Per Share | |
| 2011-02-10 | Interim Dividend-Re.1/- Per Share | |
| 2010-09-17 | Annual General Meeting And Dividend Re.0.75 Per Share | |
| 2010-05-13 | Interim Dividend-Re.0.75 Per Share |
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 1