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 | 19.29 | 15.77 | 15.25 | 8.28 | 8.77 | 8.51 | 7.56 | 7.99 | 7.79 | 31.32 | 34.13 | 34.80 |
| Expenses | 26.21 | 23.37 | 14.53 | 13.36 | 13.05 | 12.37 | 11.75 | 10.30 | 10.34 | 34.89 | 35.52 | 36.16 |
| Operating Profit | -6.92 | -7.60 | 0.72 | -5.08 | -4.28 | -3.86 | -4.19 | -2.31 | -2.55 | -3.57 | -1.39 | -1.36 |
| OPM % | -35.87% | -48.19% | 4.72% | -61.35% | -48.80% | -45.36% | -55.42% | -28.91% | -32.73% | -11.40% | -4.07% | -3.91% |
| Other Income | 4.29 | 101.39 | 8.21 | -18.82 | 10.36 | 7.95 | 7.44 | 7.88 | 4.44 | 44.73 | 2.69 | 4.26 |
| Interest | 3.40 | 5.06 | 3.82 | 5.00 | 4.87 | 6.18 | 4.60 | 1.08 | 0.57 | 0.78 | 1.67 | 3.53 |
| Depreciation | 3.70 | 5.29 | 2.97 | 1.29 | 1.39 | 1.29 | 1.15 | 1.33 | 1.25 | 1.38 | 2.01 | 3.96 |
| Profit before tax | -9.73 | 83.44 | 2.14 | -30.19 | -0.18 | -3.38 | -2.50 | 3.16 | 0.07 | 39.00 | -2.38 | -4.59 |
| Tax % | 8.12% | 8.77% | 78.97% | -10.70% | 344.44% | -6.51% | -4.80% | -42.09% | 171.43% | -0.13% | -18.49% | -35.29% |
| Net Profit | -10.52 | 76.13 | 0.45 | -26.97 | -0.79 | -3.15 | -2.38 | 4.50 | -0.05 | 39.04 | -1.94 | -2.97 |
| EPS in Rs | -0.54 | 8.80 | 0.06 | -2.77 | -0.10 | -0.33 | -0.25 | 0.49 | 0.00 | 4.14 | -0.31 | -0.42 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 35 | 56 | 74 | 66 | 32 | 81 | 108 |
| Expenses | 68 | 73 | 91 | 88 | 50 | 91 | 117 |
| Operating Profit | -33 | -17 | -17 | -22 | -18 | -10 | -9 |
| OPM % | -92% | -30% | -22% | -33% | -56% | -12% | -8% |
| Other Income | -16 | 4 | 6 | 120 | 7 | 60 | 56 |
| Interest | 4 | 2 | 4 | 15 | 21 | 4 | 7 |
| Depreciation | 8 | 9 | 12 | 15 | 5 | 6 | 9 |
| Profit before tax | -61 | -23 | -26 | 68 | -36 | 40 | 32 |
| Tax % | -0% | 7% | 10% | 16% | -8% | -4% | |
| Net Profit | -61 | -25 | -28 | 57 | -33 | 42 | 34 |
| EPS in Rs | -5.21 | -2.27 | -2.42 | 7.93 | -3.46 | 4.32 | 3.41 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 18% | 3% | 229% | ||
| Compounded Profit Growth | % | 13% | 20% | -542% | ||
| Stock Price CAGR | % | -8% | -8% | 134% | ||
| Return on Equity | % | -8% | -4% | -2% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 47 | 47 | 47 | 47 |
| Reserves | 29 | 43 | 165 | 214 | 143 | 278 |
| Borrowings | 63 | 29 | 73 | 220 | 153 | 133 |
| Other Liabilities | 1 | 13 | -3 | 17 | 10 | 79 |
| Total Liabilities | 115 | 107 | 282 | 498 | 353 | 538 |
| Fixed Assets | 14 | 18 | 21 | 20 | 8 | 153 |
| CWIP | 0 | -0 | 0 | 0 | -0 | 0 |
| Investments | 42 | 33 | 151 | 330 | 309 | 325 |
| Other Assets | 59 | 56 | 110 | 147 | 36 | 60 |
| Total Assets | 115 | 107 | 282 | 498 | 353 | 538 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -1 | -18 | -22 | -20 | -30 | -14 |
| Cash from Investing Activity | -57 | -2 | -124 | -205 | 111 | 115 |
| Cash from Financing Activity | 19 | 17 | 162 | 177 | -54 | -86 |
| Net Cash Flow | -39 | -2 | 17 | -48 | 28 | 14 |
| Free Cash Flow | -6 | -31 | -36 | -56 | -35 | -21 |
| CFO/OP | 7% | 93% | 111% | 50% | 159% | 148% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 140 | 78 | 105 | 60 | 57 | 115 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 140 | 78 | 105 | 60 | 57 | 115 |
| Working Capital Days | 55 | -221 | -274 | -255 | -1,195 | -225 |
| ROCE % | -25% | -14% | -3% | 2% | -1% |
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 58.66% | 62.00% | 61.94% | 61.93% | 61.92% | 61.91% | 62.60% | 62.60% | 62.60% | 62.60% | 62.57% | 62.57% |
| FIIs | 7.45% | 11.59% | 11.58% | 11.78% | 11.77% | 11.77% | 11.77% | 11.77% | 11.77% | 11.77% | 11.77% | 11.77% |
| Public | 33.89% | 26.41% | 26.49% | 26.29% | 26.29% | 26.32% | 25.63% | 25.62% | 25.63% | 25.63% | 25.67% | 25.67% |
| No. of Shareholders | 6,065 | 6,183 | 6,525 | 6,851 | 6,720 | 6,439 | 6,425 | 6,436 | 6,414 | 6,358 | 6,419 | 6,608 |
Fundamentals
Market Cap₹ 360 Cr.
Current Price₹ 76.2
Book Value₹ 34.5
ROCE-0.91 %
ROE-2.47 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)229%
Compounded Profit Growth (TTM)-542%
Consolidated figures.
Valuation
Market capRs 325 Cr
Enterprise valueRs 353 Cr
P/E (TTM)10.10x
Price to book5.00x
Price to sales3.01x
EV / EBITDA7.48x
EV / EBIT9.14x
EV / sales3.27x
Earnings yield9.90%
Profitability
Operating margin (excl. other income)-29.92%
Operating margin (incl. other income)-22.26%
EBITDA margin43.73%
Pre-tax margin29.71%
Net profit margin29.82%
Net margin, latest quarter-11.49%
ROE-36.56%
ROCE-20.54%
ROA-19.15%
ROIC (approx.)44.55%
Tax rate-7.24%
Other income / net worth6.59%
Growth
Sales growth (latest year)57.91%
Sales growth QoQ1.96%
Sales growth YoY (latest quarter)335.54%
Profit growth YoY (latest quarter)-187.34%
Per share
EPS (TTM)Rs 6.81
EPS (latest year)Rs -9.67
EPS (latest quarter)Rs -0.85
Book value per shareRs 13.75
Sales per shareRs 22.83
Cash flow per shareRs -3.83
Free cash flow per shareRs -4.44
Efficiency
Asset turnover0.52x
Fixed asset turnover3.10x
Debtor days78 days
Debtors turnover4.68x
Cash conversion cycle115 days
Working capital days-225 days
Leverage
Total debtRs 29 Cr
Cash and bankRs 2 Cr
Net debtRs 28 Cr
Debt to equity0.45x
Net debt / EBITDA0.59x
Interest coverage5.90x
Owners' fund to total sources60.71%
Debt to assets27.49%
Cash flow
Cash from Operating Activity (latest year)Rs -18 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs 17 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -21 Cr
FCFE (approx.: FCF + change in debt)Rs -55 Cr
Cash from ops / profit, 5 years-8.00x
Statement figures
Net sales (TTM)Rs 108 Cr
Net sales (latest year)Rs 56 Cr
Sales (latest quarter)Rs 35 Cr
Operating profit excl. other income (latest year)Rs -17 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 56 Cr
EBITDA (TTM)Rs 47 Cr
PBDT (TTM)Rs 41 Cr
Profit before tax (TTM)Rs 32 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 32 Cr
Net profit (latest year)Rs -21 Cr
Net profit (latest quarter)Rs -4 Cr
Depreciation (TTM)Rs 9 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 3 Cr
Total expenditure (latest year)Rs 73 Cr
Total income (latest year)Rs 60 Cr
Share capitalRs 22 Cr
ReservesRs 43 Cr
Shareholders' fundsRs 65 Cr
Total assetsRs 107 Cr
Net blockRs 18 Cr
InvestmentsRs 33 Cr
ReceivablesRs 12 Cr
Other liabilitiesRs 13 Cr
Shares outstanding (crore)4.73
Ownership
Promoter holding62.57% (-0.03 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | QUINT | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -22.6% | -2.8% | -19.8 pts |
| 1 month | +67.8% | -6.8% | +74.6 pts |
| 3 months | +71.9% | -7.6% | +79.6 pts |
| 3 years | -30.6% | +14.2% | -44.8 pts |
| 5 years | -43.3% | +27.9% | -71.2 pts |
Red flags
F-score 6 of 8| look | Repeated losses Net loss in each of the last two years |
| 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
Jun 2026Sales ₹35 Cr +335.5% vs Jun 2025.
Net loss ₹3 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Sambhaav Media Ltd | 117 | 2.26 % | |
| Cyber Media (India) Ltd | 49 | 12.5 | 59.8 % |
| Diligent Media Corporation Ltd | 29 | -1.17 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-25 | Rights - 7 Ccps And 7 Warrants:40 |
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 1