Price
Financials
Standalone, Rs crore| Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 75 | 91 | 116 | 133 | 216 | 323 | 329 | 339 | 357 | 495 |
| Expenses | 73 | 89 | 114 | 130 | 214 | 315 | 322 | 332 | 350 | 486 |
| Operating Profit | 2 | 2 | 2 | 3 | 3 | 7 | 6 | 7 | 6 | 9 |
| OPM % | 2.1% | 1.7% | 1.9% | 2.3% | 1.2% | 2.3% | 1.9% | 2.0% | 1.8% | 1.8% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 0 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 0 | 1 | 2 | 1 | 6 | 4 | 5 | 5 | 7 |
| Tax % | 25% | 27% | 38% | 27% | 7% | 25% | 25% | 26% | 26% | 25% |
| Net Profit | 0 | 0 | 1 | 2 | 1 | 4 | 3 | 3 | 4 | 5 |
| EPS in Rs | 23.81 | 1.29 | 0.71 | 1.54 | 0.58 | 3.78 | 3.01 | 2.87 | 3.08 | 4.21 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 95 | 95 | 121 | 165 | 249 | 538 | 666 | 851 |
| Expenses | 94 | 94 | 120 | 162 | 243 | 526 | 649 | 829 |
| Operating Profit | 1 | 1 | 2 | 3 | 6 | 13 | 17 | 22 |
| OPM % | 1.0% | 1.3% | 1.3% | 1.9% | 2.5% | 2.3% | 2.6% | 2.5% |
| Other Income | 1 | 0 | 1 | 0 | 0 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 2 | 6 | 8 | 9 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | -0 | 0 | 0 | 1 | 4 | 6 | 9 | 12 |
| Tax % | 100% | 50% | 30% | 25% | 31% | 23% | 25% | 25% |
| Net Profit | -0 | 0 | 0 | 1 | 3 | 5 | 7 | 9 |
| EPS in Rs | -2.86 | 1.43 | 13.81 | 3.14 | 2.26 | 4.37 | 5.69 | 7.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 48% | 51% | 28% | ||
| Compounded Profit Growth | % | 98% | 44% | 30% | ||
| Stock Price CAGR | % | % | -15% | 12% | ||
| Return on Equity | % | 14% | 14% | 12% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.21 | 0.21 | 0.21 | 3 | 11 | 11 | 12 | 12 |
| Reserves | 0 | 0 | 0 | 8 | 12 | 17 | 56 | 72 |
| Borrowings | 3 | 10 | 9 | 11 | 20 | 46 | 56 | 41 |
| Other Liabilities | 13 | 15 | 19 | 28 | 38 | 72 | 60 | 78 |
| Total Liabilities | 17 | 25 | 28 | 50 | 81 | 147 | 184 | 203 |
| Fixed Assets | 2 | 3 | 8 | 7 | 7 | 8 | 9 | 19 |
| CWIP | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 15 | 17 | 21 | 43 | 74 | 138 | 175 | 183 |
| Total Assets | 17 | 25 | 28 | 50 | 81 | 147 | 184 | 203 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -1 | -4 | 1 | -6 | -12 | -25 | -33 | 20 |
| Cash from Investing Activity | -0 | -8 | -0 | 0 | -1 | 4 | -5 | -12 |
| Cash from Financing Activity | 1 | 12 | -0 | 10 | 18 | 23 | 38 | -11 |
| Net Cash Flow | 0 | -0 | 0 | 4 | 6 | 2 | 0 | -2 |
| Free Cash Flow | -1 | -11 | 1 | -7 | -13 | -28 | -35 | 8 |
| CFO/OP | -57% | -363% | 59% | -203% | -173% | -188% | -178% | 108% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 15 | 5 | 1 | 6 | 4 | 6 | 4 | 6 |
| Inventory Days | 30 | 41 | 46 | 45 | 64 | 68 | 53 | 51 |
| Days Payable | 36 | 17 | 19 | 43 | 29 | 21 | 13 | 15 |
| Cash Conversion Cycle | 9 | 29 | 27 | 8 | 40 | 53 | 44 | 42 |
| Working Capital Days | 2 | 26 | 27 | 36 | 44 | 36 | 43 | 40 |
| ROCE % | 8% | 16% | 16% | 19% | 21% | 17% | 17% |
| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Nov 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.05% | 73.05% | 73.05% | 73.05% | 68.46% | 68.46% | 68.55% | 68.55% | 69.20% | 69.20% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.63% | 0.63% | 1.24% | 0.61% | 0.60% | 0.60% |
| DIIs | 0.19% | 0.00% | 0.00% | 0.00% | 0.42% | 0.42% | 0.42% | 0.00% | 0.00% | 0.00% |
| Public | 26.77% | 26.96% | 26.95% | 26.95% | 30.48% | 30.48% | 29.79% | 30.84% | 30.20% | 30.20% |
| No. of Shareholders | 390 | 546 | 673 | 778 | 868 | 990 | 1,140 | 1,271 | 1,253 | 1,206 |
Fundamentals
Market Cap₹ 228 Cr.
Current Price₹ 188
Stock P/E26.0
Book Value₹ 69.0
ROCE17.0 %
ROE11.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)28%
Compounded Profit Growth (TTM)30%
Standalone figures.
Valuation
Market capRs 205 Cr
Enterprise valueRs 245 Cr
P/E (TTM)42.09x
Price to book7.18x
Price to sales0.38x
EV / EBITDA18.39x
EV / EBIT20.00x
EV / sales0.46x
Earnings yield2.38%
P/E, 3-year average76.72x
P/B, 3-year average10.48x
P/E, 5-year average76.72x
P/B, 5-year average10.48x
Profitability
Operating margin (excl. other income)2.34%
Operating margin (incl. other income)2.47%
EBITDA margin2.47%
Pre-tax margin1.17%
Net profit margin0.90%
ROE18.66%
ROCE20.77%
ROA4.27%
ROE, 3-year average16.11%
ROCE, 3-year average17.97%
ROA, 3-year average3.42%
ROE, 5-year average26.21%
ROCE, 5-year average15.57%
ROA, 5-year average2.30%
ROIC (approx.)13.68%
Tax rate23.10%
Other income / net worth2.49%
Growth
Sales growth (latest year)116.15%
Profit growth (latest year)93.63%
Sales CAGR, 3 years64.27%
Sales CAGR, 5 years41.42%
Profit CAGR, 3 years155.91%
Per share
EPS (TTM)Rs 4.37
EPS (latest year)Rs 4.37
EPS, 3-year averageRs 3.25
EPS, 5-year averageRs 5.00
Book value per shareRs 25.59
Sales per shareRs 483.74
Cash flow per shareRs -22.69
Free cash flow per shareRs 7.19
Efficiency
Asset turnover3.67x
Fixed asset turnover63.34x
Inventory turnover5.57x
Inventory days66 days
Debtor days6 days
Debtors turnover57.77x
Creditor days15 days
Cash conversion cycle42 days
Working capital days40 days
Leverage
Total debtRs 46 Cr
Cash and bankRs 6 Cr
Net debtRs 40 Cr
Debt to equity1.62x
Net debt / EBITDA3.03x
Interest coverage2.07x
Owners' fund to total sources19.41%
Debt to assets31.40%
Cash flow
Cash from Operating Activity (latest year)Rs -25 Cr
Cash from Investing Activity (latest year)Rs 4 Cr
Cash from Financing Activity (latest year)Rs 23 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 8 Cr
FCFE (approx.: FCF + change in debt)Rs 34 Cr
Cash from ops / profit, 5 years-2.24x
Statement figures
Net sales (TTM)Rs 538 Cr
Net sales (latest year)Rs 538 Cr
Operating profit excl. other income (latest year)Rs 13 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 13 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 5 Cr
Net profit (latest year)Rs 5 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 505 Cr
Total expenditure (latest year)Rs 526 Cr
Total income (latest year)Rs 539 Cr
Share capitalRs 11 Cr
ReservesRs 17 Cr
Shareholders' fundsRs 28 Cr
Total assetsRs 147 Cr
Net blockRs 8 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 0 Cr
ReceivablesRs 9 Cr
InventoryRs 91 Cr
Other liabilitiesRs 72 Cr
Shares outstanding (crore)1.11
Ownership
Promoter holding69.20% (+0.74 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 7.18 is at the 45th percentile (median 7.43).
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 | KORE | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +7.1% | -2.8% | +9.9 pts |
| 1 month | +64.4% | -6.8% | +71.2 pts |
| 3 months | +35.1% | -7.6% | +42.8 pts |
| 6 months | +78.6% | +0.4% | +78.2 pts |
| 1 year | +34.8% | -9.9% | +44.8 pts |
| 2 years | -70.9% | -13.6% | -57.3 pts |
| 3 years | -40.9% | +14.2% | -55.1 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -530% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 21% of total assets in 2026 |
| explain | Share dilution Share count up 0% in a year, 5450% in three |
| 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 ₹495 Cr +53.3% vs Mar 2024.
Net profit ₹5 Cr +25.0%.
Activity
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| Future Lifestyle Fashions Ltd | 22 | -72.6 % | |
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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 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded