Price
Financials
Consolidated, Rs crore| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.29 | 0.29 | 0.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 0.21 | 0.16 | 0.12 | 0.05 | 0.28 | 0.09 | 0.05 | 0.20 | 0.16 | 0.32 | 0.19 | 0.05 |
| Operating Profit | 0.08 | 0.13 | 0.17 | -0.05 | -0.28 | -0.09 | -0.05 | -0.20 | -0.16 | -0.32 | -0.19 | -0.05 |
| OPM % | 27.59% | 44.83% | 58.62% | |||||||||
| Other Income | 0.20 | 0.64 | 0.25 | -1.23 | -0.39 | -0.22 | -0.12 | 0.26 | -0.17 | -0.29 | 17.79 | 0.00 |
| Interest | 0.56 | 0.31 | 0.33 | 0.28 | 0.36 | 0.20 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -0.31 | 0.43 | 0.06 | -1.56 | -1.03 | -0.51 | -0.18 | 0.05 | -0.34 | -0.62 | 17.59 | -0.06 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -0.31 | 0.43 | 0.06 | -1.57 | -1.03 | -0.50 | -0.18 | 0.06 | -0.34 | -0.62 | 17.59 | -0.06 |
| EPS in Rs | -0.01 | 0.02 | 0.06 | -0.06 | -0.04 | -0.02 | -0.01 | -0.01 | -0.01 | -0.02 | 0.70 | -0.00 |
| Jun 2015 | Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 397 | 87 | 145 | 137 | 135 | 142 | 58 | 6 | 1 | 0 | 0 | 0 |
| Expenses | 380 | 100 | 153 | 147 | 141 | 135 | 63 | 11 | 1 | 0 | 1 | 1 |
| Operating Profit | 17 | -13 | -8 | -11 | -6 | 7 | -4 | -5 | 0 | -0 | -1 | -1 |
| OPM % | 4.3% | -15% | -6% | -8% | -4.1% | 5% | -8% | -84% | 11% | |||
| Other Income | 1 | 23 | 13 | 24 | 4 | 2 | 35 | -44 | -17 | 0 | -1 | 17 |
| Interest | 0 | 0 | 1 | 1 | 1 | 7 | 10 | 2 | 2 | 1 | 0 | 0 |
| Depreciation | 5 | 4 | 13 | 14 | 14 | 26 | 25 | 6 | 1 | 0 | 0 | 0 |
| Profit before tax | 13 | 6 | -9 | -2 | -17 | -23 | -4 | -58 | -21 | -1 | -2 | 17 |
| Tax % | -121% | -0% | 53% | -112% | 39% | 0% | 91% | 17% | 0% | 0% | 0% | 0% |
| Net Profit | 25 | 6 | -19 | -0 | -24 | -23 | -9 | -69 | -21 | -1 | -2 | 17 |
| EPS in Rs | 0.95 | 0.23 | -0.78 | -0.08 | -0.95 | -0.93 | -0.38 | -2.77 | -0.83 | -0.06 | -0.07 | 0.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | % | % | ||
| Compounded Profit Growth | 7% | 15% | 20% | 23% | ||
| Stock Price CAGR | -11% | 12% | 71% | 323% | ||
| Return on Equity | % | % | % | -74% |
| Jun 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 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 60 | 66 | 51 | 49 | 33 | 35 | 30 | -1 | -19 | -33 | -32 | -16 |
| Borrowings | 41 | 218 | 216 | 21 | 22 | 164 | 25 | 29 | 31 | 35 | 11 | 11 |
| Other Liabilities | 56 | 93 | 54 | 171 | 158 | 204 | 84 | 33 | 21 | 10 | 32 | 14 |
| Total Liabilities | 182 | 402 | 346 | 266 | 238 | 427 | 164 | 85 | 57 | 38 | 36 | 35 |
| Fixed Assets | 51 | 159 | 148 | 133 | 119 | 242 | 69 | 56 | 45 | 0 | 0 | 0 |
| CWIP | 2 | 2 | 3 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 11 | 6 | 9 | 7 | 5 | 63 | 39 | 0 | 3 | 3 | 0 | 0 |
| Other Assets | 117 | 235 | 186 | 126 | 113 | 122 | 55 | 29 | 9 | 34 | 36 | 35 |
| Total Assets | 182 | 402 | 346 | 266 | 238 | 427 | 164 | 85 | 57 | 38 | 36 | 35 |
| Jun 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 | 140 | -40 | -18 | -22 | -25 | 15 | 1 | -40 | 1 | -1 | -4 | -1 |
| Cash from Investing Activity | -15 | -139 | 7 | 28 | 9 | 6 | 0 | 46 | -1 | 0 | 2 | -0 |
| Cash from Financing Activity | -119 | 177 | 12 | -7 | 15 | -20 | -5 | -6 | 0 | 0 | 1 | 1 |
| Net Cash Flow | 6 | -2 | 1 | -1 | -1 | 0 | -4 | -0 | 0 | -0 | -0 | -0 |
| Free Cash Flow | 136 | -185 | -27 | -5 | -27 | 21 | 2 | -34 | 3 | -1 | -2 | -1 |
| CFO/OP | 826% | 304% | 219% | 211% | 454% | 205% | -14% | 763% | 1,169% | 217% | 735% | 104% |
| Jun 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 | 21 | 397 | 295 | 147 | 120 | 116 | 109 | 463 | 602 | |||
| Inventory Days | 20 | 92 | 62 | 139 | 131 | 108 | 198 | 790 | ||||
| Days Payable | 43 | 382 | 116 | 228 | 262 | 267 | 219 | 1,079 | ||||
| Cash Conversion Cycle | -2 | 107 | 241 | 58 | -10 | -43 | 88 | 175 | 602 | |||
| Working Capital Days | 31 | 526 | 273 | -204 | -186 | -417 | -295 | -724 | -7,482 | |||
| ROCE % | 7% | -6% | -2% | -9% | -18% | -10% | -12% | -19% | -1% | 2% | -11% | -12% |
| 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 | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% | 50.96% |
| FIIs | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.48% |
| Public | 49.02% | 49.04% | 49.03% | 49.04% | 49.03% | 49.04% | 49.04% | 49.05% | 49.04% | 49.04% | 49.05% | 48.56% |
| No. of Shareholders | 35,162 | 35,808 | 40,119 | 35,912 | 38,079 | 40,065 | 41,689 | 41,644 | 41,805 | 41,639 | 42,248 | 41,192 |
Fundamentals
Market Cap₹ 131 Cr.
Current Price₹ 5.22
Book Value₹ 0.37
ROCE-11.5 %
ROE-73.8 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)23%
Consolidated figures.
Valuation
Market capRs 119 Cr
Enterprise valueRs 130 Cr
P/E (TTM)7.16x
Price to book12.82x
EV / EBITDA7.84x
EV / EBIT7.84x
Earnings yield13.96%
P/B, 3-year average-4.80x
P/B, 5-year average-0.76x
Profitability
ROE1703.59%
ROCE136.04%
ROA47.12%
ROE, 3-year average619.74%
ROCE, 3-year average42.56%
ROA, 3-year average13.22%
ROE, 5-year average308.66%
ROCE, 5-year average0.26%
ROA, 5-year average-9.00%
ROIC (approx.)81.10%
Other income / net worth186.75%
Growth
Profit growth QoQ-100.34%
Per share
EPS (TTM)Rs 0.66
EPS (latest quarter)Rs -0.00
EPS, 3-year averageRs -0.06
EPS, 5-year averageRs -0.93
Book value per shareRs 0.37
Cash flow per shareRs -0.03
Free cash flow per shareRs -0.04
Efficiency
Creditor days1079 days
Cash conversion cycle602 days
Working capital days-7482 days
Leverage
Total debtRs 11 Cr
Cash and bankRs 0 Cr
Net debtRs 11 Cr
Debt to equity1.21x
Net debt / EBITDA0.67x
Interest coverage415.25x
Owners' fund to total sources26.81%
Debt to assets32.44%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Statement figures
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 17 Cr
EBITDA (TTM)Rs 17 Cr
PBDT (TTM)Rs 17 Cr
Profit before tax (TTM)Rs 17 Cr
Net profit (TTM)Rs 17 Cr
Net profit (latest year)Rs 17 Cr
Net profit (latest quarter)Rs -0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 17 Cr
Share capitalRs 25 Cr
ReservesRs -16 Cr
Shareholders' fundsRs 9 Cr
Total assetsRs 35 Cr
ReceivablesRs 5 Cr
Other liabilitiesRs 14 Cr
Shares outstanding (crore)25.10
Ownership
Promoter holding50.96% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 12.78 is at the 97th percentile (median 1.30).
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 | ROLLT | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -22.2% | -2.8% | -19.4 pts |
| 1 month | +18.2% | -6.8% | +25.0 pts |
| 3 months | +87.4% | -7.6% | +95.0 pts |
| 6 months | +334.9% | +0.4% | +334.5 pts |
| 1 year | +273.2% | -9.9% | +283.1 pts |
| 2 years | +94.3% | -13.6% | +107.8 pts |
| 3 years | +351.4% | +14.2% | +337.3 pts |
| 5 years | +66.3% | +27.9% | +38.4 pts |
Red flags
F-score 3 of 6| explain | Weak cash conversion Cash from operations was -38% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 50% of total assets in 2026 |
| look | Profit leans on other income Other income was 105% of pre-tax profit in 2026 |
| 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 ₹0 Cr.
Net loss ₹0 Cr.
Activity
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|---|---|---|---|
| EPL Ltd | 7,465 | 18.2 | 17.8 % |
| AGI Greenpac Ltd | 5,130 | 13.9 | 19.5 % |
| Uflex Ltd | 4,668 | 6.75 | 7.03 % |
| TCPL Packaging Ltd | 3,748 | 31.0 | 17.9 % |
| Polyplex Corporation Ltd | 3,329 | 21.4 | 0.89 % |
| Jindal Poly Films Ltd | 2,938 | 50.2 | -1.99 % |
| XPRO India Ltd | 2,724 | 83.4 | 3.78 % |
| Cosmo First Ltd | 2,188 | 12.8 | 11.2 % |
| Knack Packaging Ltd | 2,161 | 21.2 | 34.1 % |
| Mold-Tek Packaging Ltd | 2,134 | 28.1 | 13.3 % |
| Huhtamaki India Ltd | 1,780 | 13.0 | 12.0 % |
| Arrow Greentech Ltd | 1,314 | 20.6 | 29.6 % |
| Commercial Syn Bags Ltd | 1,099 | 34.8 | 15.0 % |
| Dhunseri Ventures Ltd | 1,002 | 5.25 | 6.74 % |
| Ester Industries Ltd | 882 | 2.75 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-20 | Annual General Meeting | |
| 2023-09-22 | Annual General Meeting | |
| 2022-09-22 | Annual General Meeting | |
| 2021-11-22 | Annual General Meeting | |
| 2021-09-22 | Annual General Meeting | |
| 2019-09-19 | Annual General Meeting | |
| 2018-09-19 | Annual General Meeting | |
| 2017-09-21 | Annual General Meeting |
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 1Loss making