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 | 0.71 | 0.64 | 0.58 | 0.49 | 4.09 | 5.10 | 3.95 | 5.79 | 1.51 | 0.00 | 0.00 | 0.00 |
| Expenses | 1.13 | 1.02 | 1.57 | 1.00 | 4.43 | 5.41 | 7.06 | 7.03 | 2.18 | 1.85 | 1.19 | 0.35 |
| Operating Profit | -0.42 | -0.38 | -0.99 | -0.51 | -0.34 | -0.31 | -3.11 | -1.24 | -0.67 | -1.85 | -1.19 | -0.35 |
| OPM % | -59.15% | -59.38% | -170.69% | -104.08% | -8.31% | -6.08% | -78.73% | -21.42% | -44.37% | |||
| Other Income | 0.77 | 0.94 | 1.20 | 1.29 | 1.30 | 1.32 | 1.30 | 1.37 | 1.80 | 1.80 | 1.60 | 1.47 |
| Interest | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.03 | 0.01 | 0.02 | 0.02 |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.06 | 0.07 | 0.06 | 0.04 | 0.20 | 0.10 | 0.09 |
| Profit before tax | 0.31 | 0.52 | 0.16 | 0.73 | 0.91 | 0.95 | -1.89 | 0.05 | 1.06 | -0.26 | 0.29 | 1.01 |
| Tax % | 29.03% | 17.31% | -12.50% | 24.66% | -19.78% | 0.00% | 0.53% | 80.00% | -1.89% | 0.00% | 0.00% | 15.84% |
| Net Profit | 0.22 | 0.42 | 0.17 | 0.55 | 1.10 | 0.96 | -1.91 | 0.02 | 1.09 | -0.26 | 0.29 | 0.85 |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | -0.01 | 0.00 | 0.01 | -0.00 | 0.00 | 0.01 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39.65 | 30.62 | 20.39 | 10.58 | 9.47 | 7.16 | 8.75 | 6.56 | 2.58 | 13.63 | 7.30 | 1.51 |
| Expenses | 38.13 | 29.39 | 15.69 | 10.50 | 12.95 | 7.66 | 12.62 | 9.75 | 4.66 | 17.90 | 10.99 | 5.57 |
| Operating Profit | 1.52 | 1.23 | 4.70 | 0.08 | -3.48 | -0.50 | -3.87 | -3.19 | -2.08 | -4.27 | -3.69 | -4.06 |
| OPM % | 3.83% | 4.02% | 23.05% | 0.76% | -36.75% | -6.98% | -44.23% | -48.63% | -80.62% | -31.33% | -50.55% | -268.87% |
| Other Income | 0.35 | 0.16 | 0.15 | 1.36 | 1.10 | 1.64 | 0.26 | 3.14 | 3.42 | 5.22 | 5.11 | 6.67 |
| Interest | 0.94 | 0.70 | 0.70 | 0.88 | 0.06 | 0.06 | 0.04 | 0.04 | 0.02 | 0.02 | 0.08 | 0.08 |
| Depreciation | 0.33 | 0.27 | 0.27 | 0.34 | 0.27 | 0.21 | 0.21 | 0.19 | 0.17 | 0.23 | 0.39 | 0.43 |
| Profit before tax | 0.60 | 0.42 | 3.88 | 0.22 | -2.71 | 0.87 | -3.86 | -0.28 | 1.15 | 0.70 | 0.95 | 2.10 |
| Tax % | 33.33% | 28.57% | 28.87% | 0.00% | 0.74% | 10.34% | 2.33% | 21.43% | 15.65% | 1.43% | 1.05% | |
| Net Profit | 0.41 | 0.30 | 2.77 | 0.22 | -2.72 | 0.79 | -3.95 | -0.33 | 0.97 | 0.69 | 0.94 | 1.97 |
| EPS in Rs | 0.00 | 0.00 | 0.02 | 0.00 | -0.02 | 0.01 | -0.03 | -0.00 | 0.01 | 0.00 | 0.01 | 0.02 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -16% | 0% | 4% | -92% | ||
| Compounded Profit Growth | 9% | 3% | 33% | 1059% | ||
| Stock Price CAGR | 0% | 30% | 28% | -55% | ||
| Return on Equity | 0% | 0% | 1% | 1% |
| 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 | 31.35 | 31.35 | 31.35 | 94.05 | 94.05 | 94.05 | 94.05 | 94.05 | 141.07 | 141.07 | 141.07 | 141.07 |
| Reserves | 132.74 | 134.88 | 134.59 | 74.76 | 77.08 | 77.25 | 78.08 | 74.37 | 30.33 | 31.25 | 32.18 | 34.28 |
| Borrowings | 5.76 | 5.42 | 4.27 | 4.70 | 0.61 | 0.72 | 0.51 | 0.29 | 0.10 | 0.04 | 0.94 | 0.78 |
| Other Liabilities | 15.85 | 14.49 | 4.39 | 3.42 | 2.70 | 3.73 | 5.20 | 10.43 | 6.35 | 3.30 | 3.50 | 2.16 |
| Total Liabilities | 185.70 | 186.14 | 174.60 | 176.93 | 174.44 | 175.75 | 177.84 | 179.14 | 177.85 | 175.66 | 177.69 | 178.29 |
| Fixed Assets | 4.03 | 3.75 | 3.64 | 4.32 | 2.08 | 19.48 | 18.86 | 18.70 | 60.46 | 60.30 | 61.14 | 56.26 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 99.59 | 98.19 | 96.15 | 101.47 | 100.51 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12.78 |
| Other Assets | 82.08 | 84.20 | 74.81 | 71.14 | 71.85 | 156.27 | 158.98 | 160.44 | 117.39 | 115.36 | 116.55 | 109.25 |
| Total Assets | 185.70 | 186.14 | 174.60 | 176.93 | 174.44 | 175.75 | 177.84 | 179.14 | 177.85 | 175.66 | 177.69 | 178.29 |
| 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 | -0.33 | -1.94 | 3.30 | 5.04 | 2.00 | -82.96 | -0.33 | 0.73 | 45.65 | -7.12 | -5.92 | 4.09 |
| Cash from Investing Activity | 1.91 | 3.09 | 1.28 | -6.25 | 2.61 | 82.85 | 0.41 | -0.04 | -41.13 | 3.44 | 4.22 | -1.93 |
| Cash from Financing Activity | -1.33 | -1.26 | -1.85 | -0.26 | -4.78 | 0.07 | -0.26 | -0.26 | -0.22 | -0.08 | 0.89 | -0.24 |
| Net Cash Flow | 0.25 | -0.11 | 2.73 | -1.47 | -0.17 | -0.05 | -0.17 | 0.42 | 4.29 | -3.76 | -0.81 | 1.92 |
| Free Cash Flow | -0.37 | -1.98 | 3.14 | 4.10 | 4.60 | -91.32 | -0.33 | 0.73 | 46.81 | -6.97 | -6.80 | 4.47 |
| CFO/OP | -10% | -128% | 268% | 107% | 2,500% | 2,384% | 66% | -19% | -1,431% | 342% | 139% | -111% |
| 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 | 316.75 | 183.47 | 84.87 | 87.89 | 153.18 | 161.11 | 227.36 | 318.70 | 131.31 | 758.29 | 98.28 | 26.00 |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.24 | 9.98 | 17.44 | 62.71 | 40.34 | 0.00 |
| Days Payable | 265.98 | 332.45 | 109.85 | 345.70 | 33.26 | |||||||
| Cash Conversion Cycle | 316.75 | 183.47 | 84.87 | 87.89 | 153.18 | 161.11 | -25.38 | -3.77 | 38.90 | 475.30 | 105.37 | 26.00 |
| Working Capital Days | 60.83 | 47.78 | 709.74 | 1,035.21 | 2,063.04 | 5,535.90 | 2,005.97 | 1,609.75 | 2,915.55 | 12,660.41 | 2,470.11 | 4,705.50 |
| ROCE % | 0.86% | 0.90% | 0.66% | 2.66% | -0.14% | -1.54% | 0.56% | -2.24% | -1.55% | 0.68% | 0.42% | 0.59% |
| 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 | 19.99% | 19.12% | 19.12% | 19.12% | 19.12% | 19.12% | 19.12% | 19.12% | 19.12% | 19.12% | 19.17% | 14.20% |
| FIIs | 0.05% | 0.05% | 0.05% | 0.00% | 0.04% | 0.00% | 0.00% | 0.07% | 1.09% | 1.29% | 1.37% | 0.86% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 79.96% | 80.83% | 80.83% | 80.88% | 80.83% | 80.87% | 80.87% | 80.80% | 79.79% | 79.58% | 79.44% | 84.93% |
| No. of Shareholders | 1,08,911 | 1,28,147 | 1,75,515 | 2,77,485 | 3,42,837 | 4,07,392 | 4,20,414 | 4,14,292 | 3,92,279 | 3,82,321 | 3,70,557 | 3,61,922 |
Fundamentals
Market Cap₹ 127 Cr.
Current Price₹ 0.90
Stock P/E64.4
Book Value₹ 1.24
ROCE0.59 %
ROE0.54 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-92%
Compounded Profit Growth (TTM)1059%
Consolidated figures.
Valuation
Market capRs 148 Cr
Enterprise valueRs 145 Cr
P/E (TTM)75.19x
Price to book0.84x
Price to sales20.29x
EV / EBITDA55.74x
EV / EBIT66.73x
EV / sales19.93x
Price to cash flow36.22x
Earnings yield1.33%
P/E, 3-year average112.00x
P/B, 3-year average0.51x
P/E, 5-year average112.00x
P/B, 5-year average0.34x
Profitability
Operating margin (excl. other income)-50.55%
Operating margin (incl. other income)19.45%
EBITDA margin35.75%
Pre-tax margin28.77%
Net profit margin26.99%
ROE0.54%
ROCE0.59%
ROA0.53%
ROE, 3-year average0.50%
ROCE, 3-year average0.56%
ROA, 3-year average0.49%
ROE, 5-year average-0.20%
ROCE, 5-year average-0.14%
ROA, 5-year average-0.19%
ROIC (approx.)1.25%
Tax rate1.05%
Other income / net worth2.91%
Growth
Sales growth (latest year)-46.44%
Profit growth (latest year)36.23%
Sales CAGR, 3 years3.63%
Sales CAGR, 5 years0.39%
Profit CAGR, 5 years3.54%
Profit growth QoQ193.10%
Profit growth YoY (latest quarter)4150.00%
Per share
EPS (TTM)Rs 0.01
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs 0.01
EPS, 5-year averageRs -0.10
Book value per shareRs 1.24
Sales per shareRs 0.05
Cash flow per shareRs 0.03
Free cash flow per shareRs 0.03
Efficiency
Asset turnover0.04x
Fixed asset turnover0.13x
Debtor days26 days
Debtors turnover14.04x
Creditor days33 days
Cash conversion cycle26 days
Working capital days4706 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 3 Cr
Net debtRs -3 Cr
Debt to equity0.00x
Net debt / EBITDA-1.02x
Interest coverage27.25x
Owners' fund to total sources98.35%
Debt to assets0.44%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs 4 Cr
Sales to cash flow1.78x
Statement figures
Net sales (TTM)Rs 7 Cr
Net sales (latest year)Rs 7 Cr
Operating profit excl. other income (latest year)Rs -4 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 7 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 6 Cr
Total expenditure (latest year)Rs 11 Cr
Total income (latest year)Rs 12 Cr
Share capitalRs 141 Cr
ReservesRs 34 Cr
Shareholders' fundsRs 175 Cr
Total assetsRs 178 Cr
Net blockRs 56 Cr
InvestmentsRs 13 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)141.08
Ownership
Promoter holding14.20% (-4.92 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 75.2 is at the 63th percentile of its own 4.8-year range
(median 48.7, low 3.1, high 352.7).
P/B 0.84 is at the 81th percentile (median 0.38).
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 | LANDSMILL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +101.9% | -2.8% | +104.7 pts |
| 1 month | +54.4% | -6.8% | +61.2 pts |
| 3 months | +28.0% | -7.6% | +35.7 pts |
| 6 months | +9.4% | +0.4% | +9.0 pts |
| 1 year | -33.1% | -9.9% | -23.2 pts |
| 2 years | +38.2% | -13.6% | +51.7 pts |
| 3 years | +200.0% | +14.2% | +185.8 pts |
| 5 years | +425.0% | +27.9% | +397.1 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was -344% of net profit over the last 3 years |
| look | Profit leans on other income Other income was 538% of pre-tax profit in 2026 |
| look | On NSE surveillance On NSE surveillance: ASM long-term |
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 ₹0 Cr -100.0% vs Jun 2025.
Net profit ₹1 Cr +4150.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Redington Ltd | 31,697 | 17.6 | 18.4 % |
| MMTC Ltd | 8,514 | 42.3 | 8.67 % |
| MSTC Ltd | 5,028 | 21.5 | 30.3 % |
| BN Agrochem Ltd | 1,898 | 111 | 4.44 % |
| Creative Newtech Ltd | 1,646 | 22.3 | 18.8 % |
| Pervasive Commodities Ltd | 1,049 | 22.1 % | |
| RRP Defense Ltd | 843 | -11.1 % | |
| Yamuna Syndicate Ltd | 784 | 8.56 | 4.17 % |
| Shiv Aum Steels Ltd | 742 | 77.9 | 8.20 % |
| State Trading Corporation of India Ltd | 644 | 13.3 | % |
| Arvaya Healthcare Ltd | 600 | 451 | % |
| SMT Engineering Ltd | 596 | 24.3 | 25.4 % |
| HP Telecom India Ltd | 528 | 20.7 | 19.9 % |
| Riddhi Siddhi Gluco Biols Ltd | 527 | 37.2 | 2.74 % |
| Oswal Agro Mills Ltd | 474 | 2.03 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-08-02 | Annual General Meeting | |
| 2023-07-31 | Annual General Meeting | |
| 2022-09-28 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2022-09-28 | Bonus 1:2 | 0.6667 |
| 2022-09-13 | Annual General Meeting | |
| 2021-09-16 | Annual General Meeting | |
| 2020-12-09 | Annual General Meeting | |
| 2019-09-19 | Annual General Meeting | |
| 2018-09-18 | Annual General Meeting | |
| 2018-01-23 | Bonus 2:1 | 0.3333 |
| 2017-09-20 | Annual General Meeting | |
| 2016-08-25 | Annual General Meeting | |
| 2015-09-11 | Annual General Meeting | |
| 2014-09-15 | Annual General Meeting | |
| 2013-07-23 | Annual General Meeting | |
| 2012-08-09 | Annual General Meeting | |
| 2011-09-22 | Annual General Meeting | |
| 2010-09-02 | Annual General Meeting And Dividend Re.1/- 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.
Long Term Additional Surveillance Measure (Long Term ASM): stage 1Scrip PE is greater than 50 (4 trailing quarters)