MarketFriction

IZMO Ltd

NSE IZMO · BSE 532341 · IT Enabled Services
₹855.95 -2.15%
NSE close2026-10-01
52 week range562.00 - 1,217.25
Market cap₹1,330 Cr.
P/E24.7
Price band 10% Delivery 40.9%

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
Sales4550504859596057605910965
Expenses364038384950494747459449
Operating Profit91112998111014141516
OPM %20%21%24%20%16%14%19%17%22%24%14%25%
Other Income1111292114370
Interest000000100000
Depreciation443444544544
Profit before tax57963467613121712
Tax %6%0%5%0%13%6%-1%0%5%2%-4%0%
Net Profit57963067613121712
EPS in Rs3.815.126.414.2621.134.074.634.038.437.8211.568.15
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales43546392101116132154187225285294
Expenses354146728189108124146186232235
Operating Profit81317202028243041395359
OPM %18%24%28%22%20%24%18%20%22%17%19%20%
Other Income7434823643331514
Interest211211112222
Depreciation121212151622121215161717
Profit before tax14771227162127544854
Tax %-60%-19%14%9%7%1%1%3%3%9%0%
Net Profit25671127162026494854
EPS in Rs1.353.824.725.178.5320.2112.0114.9518.4632.8731.7935.96
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth21%20%23%26%
Compounded Profit Growth35%12%33%6%
Stock Price CAGR34%58%68%-31%
Return on Equity7%8%9%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121212131313131313141515
Reserves160162168176184196222239260292344394
Borrowings282824131191891191217
Other Liabilities171714255968343739496768
Total Liabilities217218218228267286288299323364438494
Fixed Assets167163164179193212217229247261276286
CWIP125234200005
Investments181510000000000
Other Assets303939477170697076103162203
Total Assets217218218228267286288299323364438494
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity111925324137163031420
Cash from Investing Activity-16-9-7-13-30-35-24-22-29-29-2-32
Cash from Financing Activity-3-2-5-11-4-56-6-035-2
Net Cash Flow-181-32-2119-12058-14
Free Cash Flow-62-711513-7-012-13
CFO/OP21%146%71%148%158%201%134%65%101%77%24%39%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days3354861011601658710169110161165
Inventory Days
Days Payable
Cash Conversion Cycle3354861011601658710169110161165
Working Capital Days-315-19582638-36743426094142
ROCE %-1%2%2%4%4%6%12%7%8%10%8%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters28.56%28.51%31.90%31.82%31.82%35.00%35.00%34.95%34.95%34.81%34.79%34.79%
FIIs1.17%1.16%2.44%4.28%4.29%4.35%4.26%4.18%3.31%3.26%3.27%3.35%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.28%0.81%0.51%0.49%0.52%
Public70.27%70.34%65.66%63.89%63.89%60.65%60.72%60.59%60.93%61.41%61.45%61.34%
No. of Shareholders14,63614,02414,29215,54720,47722,94223,37422,82833,34532,30832,03230,738

Fundamentals

Market Cap₹ 1,330 Cr.
Current Price₹ 888
Stock P/E24.7
Book Value₹ 273
ROCE12.6 %
ROE12.4 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)26%
Compounded Profit Growth (TTM)6%
Consolidated figures.
Valuation
Market capRs 1,281 Cr
Enterprise valueRs 1,287 Cr
P/E (TTM)23.82x
Price to book3.13x
Price to sales4.36x
EV / EBITDA17.64x
EV / EBIT23.13x
EV / sales4.38x
Price to cash flow64.59x
Earnings yield4.20%
P/E, 3-year average14.05x
P/B, 3-year average1.54x
P/E, 5-year average11.44x
P/B, 5-year average1.13x
Profitability
Operating margin (excl. other income)18.58%
Operating margin (incl. other income)23.75%
EBITDA margin24.84%
Pre-tax margin18.36%
Net profit margin18.30%
Net margin, latest quarter18.66%
ROE12.38%
ROCE12.61%
ROA10.21%
ROE, 3-year average12.02%
ROCE, 3-year average12.78%
ROA, 3-year average10.00%
ROE, 5-year average10.05%
ROCE, 5-year average10.63%
ROA, 5-year average8.38%
ROIC (approx.)13.35%
Tax rate0.36%
Other income / net worth3.61%
Growth
Sales growth (latest year)26.83%
Profit growth (latest year)-2.70%
Sales CAGR, 3 years22.80%
Sales CAGR, 5 years19.66%
Profit CAGR, 3 years33.43%
Profit CAGR, 5 years12.27%
Sales growth QoQ-40.11%
Profit growth QoQ-29.48%
Sales growth YoY (latest quarter)15.70%
Profit growth YoY (latest quarter)103.33%
Per share
EPS (TTM)Rs 35.93
EPS (latest year)Rs 31.79
EPS (latest quarter)Rs 8.15
EPS, 3-year averageRs 27.70
EPS, 5-year averageRs 22.01
Book value per shareRs 273.33
Sales per shareRs 196.33
Cash flow per shareRs 13.25
Free cash flow per shareRs -8.69
Efficiency
Asset turnover0.58x
Fixed asset turnover1.00x
Inventory turnover32.80x
Inventory days11 days
Debtor days165 days
Debtors turnover2.21x
Cash conversion cycle165 days
Working capital days142 days
Leverage
Total debtRs 17 Cr
Cash and bankRs 10 Cr
Net debtRs 6 Cr
Debt to equity0.04x
Net debt / EBITDA0.09x
Interest coverage32.92x
Current ratio (filing 2026-03-31)2.62x
Quick ratio (filing 2026-03-31)2.61x
Trade payables (filing 2026-03-31)Rs 8 Cr
Owners' fund to total sources82.82%
Debt to assets3.35%
Cash flow
Cash from Operating Activity (latest year)Rs 20 Cr
Cash from Investing Activity (latest year)Rs -32 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs -14 Cr
Free cash flow (latest year)Rs -13 Cr
FCFE (approx.: FCF + change in debt)Rs -8 Cr
Cash from ops / profit, 5 years0.64x
Sales to cash flow14.37x
Statement figures
Net sales (TTM)Rs 294 Cr
Net sales (latest year)Rs 285 Cr
Sales (latest quarter)Rs 65 Cr
Operating profit excl. other income (latest year)Rs 53 Cr
Operating profit (latest quarter)Rs 16 Cr
Other income (TTM)Rs 14 Cr
EBITDA (TTM)Rs 73 Cr
PBDT (TTM)Rs 71 Cr
Profit before tax (TTM)Rs 54 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 54 Cr
Net profit (latest year)Rs 48 Cr
Net profit (latest quarter)Rs 12 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 10 Cr
Total expenditure (latest year)Rs 232 Cr
Total income (latest year)Rs 300 Cr
Share capitalRs 15 Cr
ReservesRs 394 Cr
Shareholders' fundsRs 409 Cr
Total assetsRs 494 Cr
Net blockRs 286 Cr
Capital work in progressRs 5 Cr
ReceivablesRs 129 Cr
InventoryRs 0 Cr
Other liabilitiesRs 68 Cr
Shares outstanding (crore)1.50
Ownership
Promoter holding34.79% (-0.16 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 23.8 is at the 79th percentile of its own 9.4-year range (median 13.9, low 2.5, high 42.6).
P/B 3.13 is at the 92th percentile (median 0.58).
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.
PeriodIZMONifty 50Difference
1 week-5.4%-2.8% -2.6 pts
1 month-6.6%-6.8% +0.2 pts
3 months-13.8%-7.6% -6.1 pts
6 months+39.0%+0.4% +38.6 pts
1 year-33.4%-9.9% -23.4 pts
2 years+92.8%-13.6% +106.4 pts
3 years+359.7%+14.2% +345.5 pts
5 years+845.3%+27.9% +817.4 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was 45% of net profit over the last 3 years
explainDebt up, profit down Borrowings up 41% while net profit fell 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 ₹65 Cr +14.0% vs Jun 2025. Net profit ₹12 Cr +100.0%.
Against our estimate for Jun 2026: sales -19.0%, profit -16.8% in line. Our estimate for Sep 2026: sales Rs 89 Cr, profit Rs 17 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-19Annual General Meeting
2023-09-18Annual General Meeting
2023-04-13Extra Ordinary General Meeting
2022-09-16Annual General Meeting
2021-09-09 Annual General Meeting
2020-09-18 Annual General Meeting
2019-09-17 Annual General Meeting
2018-09-14 Annual General Meeting
2017-09-12 Annual General Meeting
2016-09-01 Annual General Meeting
2015-09-24 Annual General Meeting
2014-09-26Annual General Meeting
2013-09-26Annual General Meeting
2012-09-27Annual General Meeting
2011-09-27Annual General Meeting
2010-09-27Annual General Meeting
2009-09-24Dividend-Rs.1.25 Pr Sharepurpose Revised
2008-09-26Annual General Meeting
2008-05-21Interim Dividend - 40%
2007-09-26Agm
DateTypeWhat it says
2026-09-29Disclosure under SEBI TakeovTej Soni has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in rel...
2026-09-29Disclosure under SEBI TakeovDinanath Soni  has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made ...
2026-09-25Shareholder meetingVoting results.
2026-09-25Shareholder meetingProceedings of Annual General Meeting held on September 25, 2026
2026-09-25Disclosure under SEBI TakeovDinanath Soni has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Ac...
2026-09-24Disclosure under SEBI TakeovTej Soni has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisi...
2026-09-15Disclosure under SEBI TakeovDinanath Soni has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Ac...
2026-09-15Disclosure under SEBI TakeovIZMO : Tej Soni has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial...
2026-09-15Press ReleaseA press release dated September 15, 2026, titled "izmo Microsystems UnveilsSilicon Photonics Modules at SEMICON India 2026
2026-09-01Shareholder meetingNotice of Annual General Meeting to be held on September 25, 2026
2026-09-01Press ReleaseA press release dated September 01, 2026, titled "izmo Microsystems Develops Indigenous 40 GHz RF Semiconductor Package for Defence and Secure Communi...
2026-08-24Investor PresentationInvestor Presentation
2026-08-24Press ReleaseA press release dated August 24, 2026, titled "Business Update Release".
2026-08-14Voluntary DelistingVoluntary Delisting from the Calcutta Stock Exchange Limited ("CSE")
2026-08-14UpdatesThe Register of Members and Share Transfer Books of the Company will remain closed from Friday, September 18, 2026 to Friday, September 25, 2026 (both...
2026-08-14Change in ManagementChange in Management_Re-appointment of Mrs. Kiran Soni (DIN: 08836616) as Whole-time Director of the Company.
2026-08-14ESOPAllotment of 17745 Shares under Employee Stock Option Plan 2013
2026-08-14Board meeting outcomeOutcome of Board Meeting held on August 14, 2026.
2026-08-14Board meeting outcomeIZMO Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-18Concall / analyst meetSchedule of meet
2026-06-10UpdatesIzmo Corporate Presentation.
2026-06-08Concall / analyst meetTranscript
2026-06-02Concall / analyst meetLink of Recording
2026-06-02Concall / analyst meetPresentation
2026-05-28Concall / analyst meetSchedule of meet
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.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of IZMO Ltd?

IZMO Ltd (IZMO) has a market capitalisation of Rs 1,330 Cr. at the 2026-10-01 close.

What is the P/E ratio of IZMO Ltd?

IZMO Ltd trades at a P/E of 24.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were IZMO Ltd's latest quarterly results?

In the Jun 2026 quarter, IZMO Ltd sales was Rs 65 Cr (+14.0% vs Jun 2025) and net profit was Rs 12 Cr.

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

The 52-week high is Rs 1,217.25 and the 52-week low is Rs 562.00.

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