MarketFriction

Paushak Ltd

NSE PAUSHAKLTD · BSE 532742 · Specialty Chemicals
₹650.30 -2.25%
NSE close2026-10-01
52 week range342.50 - 826.75
Market cap₹1,658 Cr.
P/E39.1
Price band 20% Delivery 47.0%

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

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales525254525749525659495584
Expenses383335404035363844373858
Operating Profit141919121715161815111726
OPM %28%36%35%23%30%30%30%32%25%23%30%31%
Other Income737446021183
Interest000000000011
Depreciation334444444588
Profit before tax18182312171712161171619
Tax %25%26%19%17%16%11%21%23%24%17%22%21%
Net Profit1314181014151012961315
EPS in Rs5.425.547.424.195.776.203.904.893.502.505.076.12
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7872105140138141150212206211219246
Expenses61607599959196137142151158178
Operating Profit171229404350547565606169
OPM %22%17%28%29%31%36%36%35%31%28%28%28%
Other Income353137651120141213
Interest000000000012
Depreciation33344591314152126
Profit before tax171429494552507271595054
Tax %25%22%26%20%23%28%25%25%23%16%22%
Net Profit121121393537385454493942
EPS in Rs4.854.278.3915.8414.1915.1615.2921.9622.0920.0715.9517.19
Dividend Payout %8%9%4%4%5%5%10%10%11%12%16%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%9%1%15%
Compounded Profit Growth11%-1%-13%-17%
Stock Price CAGR24%-9%-6%-19%
Return on Equity13%11%10%7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3333333333312
Reserves546580110174224269302351405462479
Borrowings01010000002577
Other Liabilities111311313643576161738192
Total Liabilities698294144214270329367415481572660
Fixed Assets18203537384151147149152141377
CWIP1120161668872919026
Investments19183353116163154151182223139150
Other Assets30312654545056617877102107
Total Assets698294144214270329367415481572660
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity91412102441304443563854
Cash from Investing Activity-8-13-11-10-0-39-29-42-38-50-57-95
Cash from Financing Activity-1-1-2-1-23-2-2-2-4-51942
Net Cash Flow00-0000-1-000-10
Free Cash Flow0-3751327-26-42817-122-34
CFO/OP77%104%118%56%85%116%85%98%73%107%82%97%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days11497831358569859790909492
Inventory Days96117125118122131148233180177179292
Days Payable941047017073110118227122130167245
Cash Conversion Cycle1161101388313389115103149137107139
Working Capital Days108929210710075608193848064
ROCE %32%25%12%29%27%21%20%17%21%17%11%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters66.97%66.97%66.97%66.97%66.97%66.97%67.14%67.14%67.28%67.28%67.28%67.28%
FIIs0.02%0.02%0.02%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%
DIIs0.00%0.11%0.20%0.29%0.34%0.39%0.53%0.53%0.70%0.67%0.25%0.06%
Public33.02%32.89%32.81%32.74%32.70%32.64%32.33%32.34%32.02%32.05%32.48%32.66%
No. of Shareholders21,46821,59222,50321,55021,47320,74820,28620,17522,01321,73721,41921,399

Fundamentals

Market Cap₹ 1,658 Cr.
Current Price₹ 668
Stock P/E39.1
Book Value₹ 199
ROCE8.30 %
ROE6.98 %
Dividend Yield0.37 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)-17%
Standalone figures.
Valuation
Market capRs 1,603 Cr
Enterprise valueRs 1,680 Cr
P/E (TTM)37.83x
Price to book3.26x
Price to sales6.51x
EV / EBITDA20.49x
EV / EBIT29.87x
EV / sales6.82x
Price to cash flow29.89x
Earnings yield2.64%
Dividend yield0.38%
P/E, 3-year average9.59x
P/B, 3-year average0.86x
P/E, 5-year average8.77x
P/B, 5-year average0.91x
Profitability
Operating margin (excl. other income)27.90%
Operating margin (incl. other income)33.35%
EBITDA margin33.28%
Pre-tax margin21.85%
Net profit margin17.21%
Net margin, latest quarter18.07%
ROE8.22%
ROCE9.74%
ROA6.39%
ROE, 3-year average11.27%
ROCE, 3-year average13.84%
ROA, 3-year average9.30%
ROE, 5-year average12.64%
ROCE, 5-year average16.19%
ROA, 5-year average10.51%
ROIC (approx.)7.73%
Tax rate22.00%
Other income / net worth2.43%
Growth
Sales growth (latest year)3.63%
Profit growth (latest year)-20.35%
Sales CAGR, 3 years0.97%
Sales CAGR, 5 years9.17%
Profit CAGR, 3 years-10.03%
Profit CAGR, 5 years1.07%
Sales growth QoQ51.52%
Profit growth QoQ20.70%
Sales growth YoY (latest quarter)49.52%
Profit growth YoY (latest quarter)25.52%
Per share
EPS (TTM)Rs 17.19
EPS (latest year)Rs 15.95
EPS (latest quarter)Rs 6.12
EPS, 3-year averageRs 117.50
EPS, 5-year averageRs 129.95
Book value per shareRs 199.18
Sales per shareRs 99.88
Cash flow per shareRs 21.76
Free cash flow per shareRs -13.79
Dividend per share (latest year)Rs 2.50
Dividend per share, 3-year averageRs 14.16
Dividend per share, 5-year averageRs 14.39
Dividends
Dividend payout15.66%
Dividend payout, 3-year average13.16%
Dividend payout, 5-year average11.86%
Efficiency
Asset turnover0.33x
Fixed asset turnover0.58x
Inventory turnover2.74x
Inventory days133 days
Debtor days92 days
Debtors turnover3.98x
Creditor days245 days
Cash conversion cycle139 days
Working capital days64 days
Leverage
Total debtRs 77 Cr
Cash and bankRs 1 Cr
Net debtRs 76 Cr
Debt to equity0.16x
Net debt / EBITDA0.93x
Interest coverage23.14x
Current ratio (filing 2026-03-31)2.01x
Quick ratio (filing 2026-03-31)1.45x
Trade payables (filing 2026-03-31)Rs 31 Cr
Owners' fund to total sources74.42%
Debt to assets11.66%
Cash flow
Cash from Operating Activity (latest year)Rs 54 Cr
Cash from Investing Activity (latest year)Rs -95 Cr
Cash from Financing Activity (latest year)Rs 42 Cr
Free cash flow (latest year)Rs -34 Cr
FCFE (approx.: FCF + change in debt)Rs 18 Cr
Cash from ops / profit, 5 years1.00x
Sales to cash flow4.07x
Statement figures
Net sales (TTM)Rs 246 Cr
Net sales (latest year)Rs 219 Cr
Sales (latest quarter)Rs 84 Cr
Operating profit excl. other income (latest year)Rs 61 Cr
Operating profit (latest quarter)Rs 26 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 82 Cr
PBDT (TTM)Rs 80 Cr
Profit before tax (TTM)Rs 54 Cr
Tax (latest year)Rs 11 Cr
Net profit (TTM)Rs 42 Cr
Net profit (latest year)Rs 39 Cr
Net profit (latest quarter)Rs 15 Cr
Depreciation (TTM)Rs 26 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 100 Cr
Total expenditure (latest year)Rs 158 Cr
Total income (latest year)Rs 231 Cr
Share capitalRs 12 Cr
ReservesRs 479 Cr
Shareholders' fundsRs 491 Cr
Total assetsRs 660 Cr
Net blockRs 377 Cr
Capital work in progressRs 26 Cr
InvestmentsRs 150 Cr
ReceivablesRs 55 Cr
InventoryRs 37 Cr
Other liabilitiesRs 92 Cr
Shares outstanding (crore)2.47
Ownership
Promoter holding67.28% (+0.14 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 37.8 is at the 65th percentile of its own 9.4-year range (median 33.2, low 14.4, high 92.7).
P/B 3.26 is at the 14th percentile (median 4.80).
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.
PeriodPAUSHAKLTDNifty 50Difference
1 week-2.9%-2.8% -0.1 pts
1 month-18.9%-6.8% -12.1 pts
3 months+19.1%-7.6% +26.7 pts
6 months+88.5%+0.4% +88.1 pts
3 years-18.1%+14.2% -32.3 pts
5 years-42.1%+27.9% -70.0 pts

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 208% while net profit fell in 2026
lookInventory outrunning sales Inventory grew 69% vs sales +4% 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 ₹84 Cr +50.0% vs Jun 2025. Net profit ₹15 Cr +25.0%.
Against our estimate for Jun 2026: sales +45.8%, profit +41.9% beat. Our estimate for Sep 2026: sales Rs 75 Cr, profit Rs 12 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-23Dividend - Rs 2.50 Per Share
DateTypeWhat it says
2026-07-30Shareholder meetingVoting results.
2026-07-30Shareholder meetingProceedings of Annual General Meeting held on July 30, 2026
2026-07-30Board meeting outcomePaushak Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-30Board meeting outcomeOutcome of Board Meeting
2026-07-02General UpdatesGeneral Updates
2026-07-02Record DateRecord date for the purpose of Dividend is 23-Jul-2026.
2026-07-02Shareholder meetingShareholders meeting
2026-06-11General UpdatesGeneral Updates
2026-05-22General UpdatesGeneral Updates
2026-05-18Disclosure under SEBI TakeovChirayu Amin has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqu...
2026-05-05DividendBoard of Directors at its meeting held on May 05, 2026, recommended Final Dividend of Rs. 2.50 per equity share.
2026-05-05Board meeting outcomePaushak Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-17Shareholder meetingShareholders meeting
2026-04-10Price movementSignificant movement in price has been observed in Paushak Limited. The Exchange, in order to ensure that investors have latest relevant information a...
2026-04-09Price movementSignificant movement in price has been observed in Paushak Limited. The Exchange, in order to ensure that investors have latest relevant information a...
2026-04-01Change in ManagementChange in Management
2026-04-01General UpdatesGeneral Updates
2026-03-17Shareholder meetingNotice of Postal Ballot
2026-03-10AppointmentAppointment of Mr Jain Parkash as Executive Director of the company w.e.f. April 01, 2026.
2026-03-10ResignationResignation of Mr Chintan Gosaliya as Executive Director of the company w.e.f. March 31, 2026.
2026-03-10Director changeChange in Director(s) of the company.
2026-01-27Board meeting outcomePaushak Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-01-27Board meeting outcomeBoard meeting held on January 27, 2026.
2026-01-21Commencement of commercial pCommencement of commercial production/operations
2026-01-15Credit RatingCredit Rating
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.
High low price variation greater than 100perc in previous 6 months

Quick answers

What is the market cap of Paushak Ltd?

Paushak Ltd (PAUSHAKLTD) has a market capitalisation of Rs 1,658 Cr. at the 2026-10-01 close.

What is the P/E ratio of Paushak Ltd?

Paushak Ltd trades at a P/E of 39.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Paushak Ltd's latest quarterly results?

In the Jun 2026 quarter, Paushak Ltd sales was Rs 84 Cr (+50.0% vs Jun 2025) and net profit was Rs 15 Cr.

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

The 52-week high is Rs 826.75 and the 52-week low is Rs 342.50.

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