Price
Financials
Standalone, Rs crore| Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 148 | 175 | 231 | 230 | 237 | 248 | 309 | 309 | 312 | 490 | 391 | 403 |
| Expenses | 140 | 165 | 219 | 217 | 223 | 231 | 289 | 288 | 291 | 459 | 364 | 374 |
| Operating Profit | 8 | 10 | 12 | 13 | 14 | 17 | 21 | 21 | 21 | 31 | 26 | 29 |
| OPM % | 5% | 6% | 5% | 6% | 6% | 7% | 7% | 7% | 7% | 6% | 7% | 7% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 2 | 2 | 3 | 3 | 4 | 6 | 6 | 6 | 6 | 7 | 8 | 8 |
| Depreciation | 1 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 5 | 8 | 9 | 9 | 10 | 10 | 14 | 14 | 14 | 23 | 18 | 20 |
| Tax % | 33% | 33% | 34% | 33% | 36% | 31% | 34% | 34% | 34% | 34% | 33% | 35% |
| Net Profit | 4 | 5 | 6 | 6 | 6 | 7 | 9 | 9 | 9 | 15 | 12 | 13 |
| EPS in Rs | 0.90 | 1.32 | 1.42 | 1.46 | 1.54 | 1.71 | 2.07 | 2.14 | 2.12 | 3.43 | 2.70 | 2.74 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 56 | 107 | 245 | 318 | 381 | 601 | 941 | 1,414 | 1,595 |
| Expenses | 0 | 0 | 0 | 54 | 102 | 234 | 303 | 362 | 568 | 885 | 1,320 | 1,488 |
| Operating Profit | 0 | 0 | 0 | 2 | 4 | 10 | 15 | 18 | 33 | 56 | 94 | 107 |
| OPM % | 82% | 0.0% | 0.0% | 3.9% | 4.0% | 4.2% | 4.7% | 4.8% | 5% | 6% | 7% | 7% |
| Other Income | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 7 | 17 | 26 | 28 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 3 | 4 |
| Profit before tax | 0 | 0 | 0 | 2 | 4 | 10 | 13 | 15 | 24 | 37 | 65 | 75 |
| Tax % | 34% | 33% | 32% | 33% | 34% | 34% | 33% | 34% | ||||
| Net Profit | 0 | 0 | 0 | 1 | 3 | 7 | 8 | 10 | 16 | 25 | 43 | 49 |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.36 | 0.70 | 1.72 | 2.12 | 2.49 | 3.92 | 5.90 | 9.76 | 10.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 3% | 6% | 8% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 185% | 42% | 55% | 45% | ||
| Compounded Profit Growth | % | 44% | 63% | 55% | ||
| Stock Price CAGR | -21% | % | % | % | ||
| Return on Equity | % | 34% | 35% | 37% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Sep 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 21 | 44 | 48 |
| Reserves | 0 | 0 | 0 | 4 | 4 | 11 | 20 | 30 | 45 | 69 | 100 | 152 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 6 | 8 | 63 | 152 | 254 | 297 | 291 |
| Other Liabilities | 0 | 0 | 0 | 50 | 3 | 5 | 10 | 14 | 24 | 51 | 88 | 137 |
| Total Liabilities | 10 | 10 | 10 | 65 | 18 | 33 | 48 | 116 | 231 | 395 | 529 | 628 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 17 | 20 | 18 | 18 | 35 | 33 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 4 | 5 | 8 |
| Investments | 10 | 10 | 10 | 0 | 0 | 0 | 0 | 7 | 16 | 16 | 16 | 16 |
| Other Assets | 0 | 0 | 0 | 65 | 17 | 31 | 31 | 89 | 198 | 358 | 474 | 571 |
| Total Assets | 10 | 10 | 10 | 65 | 18 | 33 | 48 | 116 | 231 | 395 | 529 | 628 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | 0 | 3 | -2 | 16 | -40 | -76 | -70 | 5 | ||
| Cash from Investing Activity | 0 | -0 | 0 | -4 | -16 | -13 | -6 | -25 | -33 | ||
| Cash from Financing Activity | 0 | 0 | -3 | 6 | 1 | 53 | 82 | 96 | 28 | ||
| Net Cash Flow | -0 | 0 | 0 | 0 | 0 | -0 | -0 | 0 | 0 | ||
| Free Cash Flow | -0 | 0 | 3 | -3 | -1 | -46 | -74 | -76 | -16 | ||
| CFO/OP | 100% | 15% | 132% | -191% | -208% | -103% | 29% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 639 | 912 | 167 | 28 | 10 | 9 | 24 | 64 | 42 | 47 |
| Inventory Days | 20 | 11 | 11 | 11 | 22 | 46 | 81 | 60 | |||
| Days Payable | 337 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Cash Conversion Cycle | 0 | 639 | 912 | -149 | 35 | 20 | 19 | 46 | 110 | 122 | 106 |
| Working Capital Days | 21 | 2,008 | 912 | 92 | 49 | 25 | 12 | 39 | 49 | 37 | 32 |
| ROCE % | 0% | 0% | 29% | 49% | 42% | 24% | 20% | 20% | 23% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Promoters | 32.82% | 32.82% | 32.82% | 32.82% | 32.82% | 33.84% | 33.84% |
| FIIs | 0.00% | 0.00% | 0.02% | 0.40% | 2.34% | 3.25% | 0.00% |
| DIIs | 0.00% | 0.57% | 0.64% | 0.98% | 1.25% | 0.86% | 0.14% |
| Public | 67.18% | 66.61% | 66.52% | 65.80% | 63.59% | 62.05% | 66.02% |
| No. of Shareholders | 8,723 | 11,989 | 14,879 | 16,571 | 16,111 | 17,572 | 28,874 |
Fundamentals
Market Cap₹ 33.0 Cr.
Current Price₹ 6.90
Stock P/E0.67
Book Value₹ 41.8
ROCE23.2 %
ROE36.7 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)45%
Compounded Profit Growth (TTM)55%
Standalone figures.
Valuation
Market capRs 30 Cr
Enterprise valueRs 327 Cr
P/E (TTM)0.61x
Price to book0.21x
Price to sales0.02x
EV / EBITDA3.05x
EV / EBIT3.16x
EV / sales0.20x
Price to cash flow6.60x
Earnings yield162.63%
Dividend yield10.88%
P/E, 3-year average4.54x
P/B, 3-year average1.31x
P/E, 5-year average4.54x
P/B, 5-year average1.31x
Profitability
Operating margin (excl. other income)6.64%
Operating margin (incl. other income)6.64%
EBITDA margin6.71%
Pre-tax margin4.69%
Net profit margin3.10%
Net margin, latest quarter3.25%
ROE36.66%
ROCE23.21%
ROA9.31%
ROE, 3-year average34.73%
ROCE, 3-year average20.90%
ROA, 3-year average8.76%
ROE, 5-year average33.27%
ROCE, 5-year average25.75%
ROA, 5-year average11.91%
ROIC (approx.)15.45%
Tax rate34.07%
Growth
Sales growth (latest year)50.22%
Profit growth (latest year)73.13%
Sales CAGR, 3 years54.89%
Sales CAGR, 5 years42.05%
Profit CAGR, 3 years62.94%
Profit CAGR, 5 years44.38%
Sales growth QoQ3.07%
Profit growth QoQ9.73%
Sales growth YoY (latest quarter)30.34%
Profit growth YoY (latest quarter)38.56%
Per share
EPS (TTM)Rs 11.22
EPS (latest year)Rs 9.76
EPS (latest quarter)Rs 2.97
EPS, 3-year averageRs 12.41
EPS, 5-year averageRs 11.12
Book value per shareRs 32.73
Sales per shareRs 361.82
Cash flow per shareRs 1.05
Free cash flow per shareRs -3.63
Dividend per share (latest year)Rs 0.75
Dividend per share, 3-year averageRs 0.67
Dividend per share, 5-year averageRs 0.67
Dividends
Dividend payout7.69%
Dividend payout, 3-year average5.75%
Dividend payout, 5-year average5.75%
Efficiency
Asset turnover2.67x
Fixed asset turnover40.62x
Inventory turnover6.10x
Inventory days60 days
Debtor days47 days
Debtors turnover7.69x
Creditor days1 days
Cash conversion cycle106 days
Working capital days32 days
Leverage
Total debtRs 297 Cr
Cash and bankRs 0 Cr
Net debtRs 296 Cr
Debt to equity2.06x
Net debt / EBITDA2.77x
Interest coverage3.63x
Owners' fund to total sources27.26%
Debt to assets56.06%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs -33 Cr
Cash from Financing Activity (latest year)Rs 28 Cr
Free cash flow (latest year)Rs -16 Cr
FCFE (approx.: FCF + change in debt)Rs 27 Cr
Cash from ops / profit, 5 years-1.62x
Sales to cash flow306.77x
Statement figures
Net sales (TTM)Rs 1,595 Cr
Net sales (latest year)Rs 1,414 Cr
Sales (latest quarter)Rs 403 Cr
Operating profit excl. other income (latest year)Rs 94 Cr
Operating profit (latest quarter)Rs 29 Cr
EBITDA (TTM)Rs 107 Cr
PBDT (TTM)Rs 79 Cr
Profit before tax (TTM)Rs 75 Cr
Tax (latest year)Rs 22 Cr
Net profit (TTM)Rs 49 Cr
Net profit (latest year)Rs 43 Cr
Net profit (latest quarter)Rs 13 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 28 Cr
Cost of goods sold (latest year)Rs 1,278 Cr
Total expenditure (latest year)Rs 1,320 Cr
Total income (latest year)Rs 1,414 Cr
Share capitalRs 44 Cr
ReservesRs 100 Cr
Shareholders' fundsRs 144 Cr
Total assetsRs 529 Cr
Net blockRs 35 Cr
Capital work in progressRs 5 Cr
InvestmentsRs 16 Cr
ReceivablesRs 184 Cr
InventoryRs 210 Cr
Other liabilitiesRs 88 Cr
Shares outstanding (crore)4.41
Ownership
Promoter holding33.84% (+1.02 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 0.6 is at the 14th percentile of its own 2.4-year range
(median 3.1, low 0.4, high 11.4).
P/B 0.21 is at the 14th percentile (median 1.08).
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 | PINCON | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +8.7% | -2.8% | +11.4 pts |
| 1 month | +0.0% | -6.8% | +6.8 pts |
| 3 months | -65.1% | -7.6% | -57.4 pts |
| 6 months | -78.8% | +0.4% | -79.2 pts |
| 1 year | -85.5% | -9.9% | -75.6 pts |
| 2 years | -90.0% | -13.6% | -76.4 pts |
| 3 years | -88.6% | +14.2% | -102.8 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was -170% of net profit over the last 3 years |
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
Sep 2017Sales ₹403 Cr +30.4% vs Sep 2016.
Net profit ₹13 Cr +44.4%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| United Spirits Ltd | 99,138 | 53.5 | 26.4 % |
| Radico Khaitan Ltd | 58,473 | 82.3 | 24.2 % |
| United Breweries Ltd | 31,998 | 92.6 | 10.7 % |
| Allied Blenders & Distillers Ltd | 20,041 | 89.8 | 18.4 % |
| Tilaknagar Industries Ltd | 13,655 | 60.4 | 11.8 % |
| Piccadily Agro Industries Ltd | 5,942 | 42.3 | 18.0 % |
| Globus Spirits Ltd | 2,532 | 25.2 | 11.2 % |
| G M Breweries Ltd | 2,197 | 13.0 | 18.0 % |
| India Glycols Ltd | 2,043 | 6.44 | 12.4 % |
| Som Distilleries & Breweries Ltd | 1,645 | 5.67 % | |
| Associated Alcohols & Breweries Ltd | 1,271 | 15.4 | 18.0 % |
| Sula Vineyards Ltd | 1,112 | 42.9 | 7.55 % |
| Asgard Alcobev Ltd | 1,073 | 422 | 7.38 % |
| BCL Industries Ltd | 958 | 8.22 | 13.9 % |
| IFB Agro Industries Ltd | 844 | 13.1 | 13.3 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2017-08-28 | Annual General Meeting/Dividend - Re 0.75 Per Share | |
| 2016-06-23 | Bonus 1:1 | 0.5000 |
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.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Pincon Spirit Ltd?
Pincon Spirit Ltd (PINCON) has a market capitalisation of Rs 33.0 Cr. at the 2019-02-04 close.
What is the P/E ratio of Pincon Spirit Ltd?
Pincon Spirit Ltd trades at a P/E of 0.67 on trailing twelve-month profit, at the 2019-02-04 close.
What were Pincon Spirit Ltd's latest quarterly results?
In the Sep 2017 quarter, Pincon Spirit Ltd sales was Rs 403 Cr (+30.4% vs Sep 2016) and net profit was Rs 13 Cr.