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 | 32 | 32 | 39 | 45 | 49 | 55 | 51 | 58 | 64 | 64 | 71 | 87 |
| Expenses | 23 | 22 | 27 | 33 | 36 | 41 | 36 | 43 | 45 | 45 | 49 | 61 |
| Operating Profit | 10 | 10 | 12 | 12 | 13 | 14 | 14 | 16 | 19 | 19 | 21 | 26 |
| OPM % | 30% | 31% | 31% | 27% | 26% | 26% | 28% | 27% | 29% | 30% | 30% | 30% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 9 | 8 | 10 | 11 | 11 | 13 | 13 | 15 | 17 | 18 | 19 | 25 |
| Tax % | 27% | 27% | 23% | 23% | 23% | 22% | 23% | 21% | 20% | 22% | 22% | 21% |
| Net Profit | 6 | 6 | 8 | 8 | 9 | 10 | 10 | 12 | 14 | 14 | 15 | 20 |
| EPS in Rs | 1.38 | 1.30 | 1.72 | 1.81 | 1.91 | 2.14 | 2.21 | 2.54 | 3.01 | 3.08 | 3.30 | 4.26 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 65 | 100 | 137 | 133 | 200 | 257 | 286 |
| Expenses | 50 | 75 | 101 | 93 | 146 | 182 | 201 |
| Operating Profit | 15 | 25 | 36 | 40 | 54 | 75 | 85 |
| OPM % | 23% | 25% | 26% | 30% | 27% | 29% | 30% |
| Other Income | 0 | 2 | 0 | 0 | 1 | 2 | 2 |
| Interest | 1 | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 3 | 5 | 6 | 7 | 7 |
| Profit before tax | 12 | 24 | 34 | 35 | 48 | 70 | 80 |
| Tax % | 25% | 24% | 25% | 25% | 23% | 21% | |
| Net Profit | 9 | 18 | 25 | 26 | 37 | 55 | 63 |
| EPS in Rs | 2.10 | 4.09 | 5.48 | 5.66 | 8.05 | 11.94 | 13.65 |
| Dividend Payout % | 6% | 6% | 5% | 8% | 12% | 8% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 32% | 23% | 34% | ||
| Compounded Profit Growth | % | 42% | 28% | 55% | ||
| Stock Price CAGR | 65% | 56% | 91% | 167% | ||
| Return on Equity | % | 21% | 21% | 24% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 23 | 46 | 46 |
| Reserves | 54 | 98 | 122 | 135 | 148 | 199 |
| Borrowings | 0 | 6 | 10 | 9 | 7 | 5 |
| Other Liabilities | 10 | 18 | 18 | 19 | 31 | 34 |
| Total Liabilities | 75 | 132 | 161 | 186 | 231 | 284 |
| Fixed Assets | 28 | 27 | 27 | 88 | 93 | 98 |
| CWIP | 0 | 31 | 59 | 0 | 2 | 4 |
| Investments | 0 | 2 | 6 | 14 | 34 | 41 |
| Other Assets | 47 | 73 | 69 | 84 | 102 | 141 |
| Total Assets | 75 | 132 | 161 | 186 | 231 | 284 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 11 | 9 | 20 | 21 | 39 | 37 |
| Cash from Investing Activity | -13 | -42 | -24 | -15 | -30 | -31 |
| Cash from Financing Activity | 8 | 29 | 3 | -3 | -5 | -7 |
| Net Cash Flow | 7 | -4 | -1 | 2 | 4 | -1 |
| Free Cash Flow | 9 | -26 | -14 | 12 | 25 | 23 |
| CFO/OP | 92% | 56% | 77% | 74% | 86% | 70% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 103 | 131 | 98 | 109 | 94 | 83 |
| Inventory Days | 149 | 166 | 159 | 260 | 223 | 272 |
| Days Payable | 75 | 130 | 99 | 121 | 114 | 100 |
| Cash Conversion Cycle | 177 | 167 | 159 | 248 | 202 | 255 |
| Working Capital Days | 130 | 115 | 125 | 162 | 119 | 129 |
| ROCE % | 26% | 26% | 23% | 26% | 30% |
| 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 | 62.92% | 62.92% | 62.92% | 62.92% | 62.92% | 62.92% | 62.92% | 62.91% | 62.91% | 62.91% | 62.91% | 62.89% |
| FIIs | 0.07% | 0.00% | 0.00% | 0.04% | 0.01% | 0.05% | 0.18% | 0.14% | 0.15% | 0.11% | 0.36% | 0.81% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
| Public | 37.01% | 37.08% | 37.08% | 37.04% | 37.08% | 37.03% | 36.91% | 36.96% | 36.94% | 36.98% | 36.73% | 36.28% |
| No. of Shareholders | 10,730 | 10,036 | 9,801 | 8,724 | 9,868 | 14,675 | 14,977 | 14,151 | 14,315 | 13,312 | 12,868 | 14,899 |
Fundamentals
Market Cap₹ 7,890 Cr.
Current Price₹ 1,718
Stock P/E126
Book Value₹ 53.3
ROCE30.3 %
ROE24.3 %
Dividend Yield0.06 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)34%
Compounded Profit Growth (TTM)55%
Consolidated figures.
Valuation
Market capRs 8,353 Cr
Enterprise valueRs 8,345 Cr
P/E (TTM)133.24x
Price to book76.98x
Price to sales29.25x
EV / EBITDA95.52x
EV / EBIT104.00x
EV / sales29.22x
Price to cash flow948.10x
Earnings yield0.75%
Dividend yield0.01%
Profitability
Operating margin (excl. other income)24.83%
Operating margin (incl. other income)26.33%
EBITDA margin30.59%
Pre-tax margin27.86%
Net profit margin21.95%
Net margin, latest quarter22.52%
ROE20.55%
ROCE26.83%
ROA17.21%
ROIC (approx.)60.30%
Tax rate24.41%
Other income / net worth1.38%
Growth
Sales growth (latest year)54.74%
Profit growth (latest year)95.08%
Sales growth QoQ23.17%
Profit growth QoQ29.09%
Sales growth YoY (latest quarter)48.72%
Profit growth YoY (latest quarter)67.55%
Per share
EPS (TTM)Rs 13.65
EPS (latest year)Rs 16.39
EPS (latest quarter)Rs 4.26
Book value per shareRs 23.63
Sales per shareRs 62.18
Cash flow per shareRs 1.92
Free cash flow per shareRs 5.01
Dividend per share (latest year)Rs 1.00
Dividends
Dividend payout6.11%
Efficiency
Asset turnover0.75x
Fixed asset turnover3.74x
Inventory turnover2.92x
Inventory days125 days
Debtor days131 days
Debtors turnover2.78x
Creditor days100 days
Cash conversion cycle255 days
Working capital days129 days
Leverage
Total debtRs 6 Cr
Cash and bankRs 14 Cr
Net debtRs -8 Cr
Debt to equity0.05x
Net debt / EBITDA-0.09x
Interest coverage118.00x
Current ratio (filing 2026-03-31)5.64x
Quick ratio (filing 2026-03-31)3.73x
Trade payables (filing 2026-03-31)Rs 21 Cr
Owners' fund to total sources81.92%
Debt to assets4.43%
Cash flow
Cash from Operating Activity (latest year)Rs 9 Cr
Cash from Investing Activity (latest year)Rs -42 Cr
Cash from Financing Activity (latest year)Rs 29 Cr
Net Cash Flow (latest year)Rs -4 Cr
Free cash flow (latest year)Rs 23 Cr
Cash from ops / profit, 5 years0.78x
Sales to cash flow11.34x
Statement figures
Net sales (TTM)Rs 286 Cr
Net sales (latest year)Rs 100 Cr
Sales (latest quarter)Rs 87 Cr
Operating profit excl. other income (latest year)Rs 25 Cr
Operating profit (latest quarter)Rs 26 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 87 Cr
PBDT (TTM)Rs 87 Cr
Profit before tax (TTM)Rs 80 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 63 Cr
Net profit (latest year)Rs 18 Cr
Net profit (latest quarter)Rs 20 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 36 Cr
Total expenditure (latest year)Rs 75 Cr
Total income (latest year)Rs 101 Cr
Share capitalRs 11 Cr
ReservesRs 98 Cr
Shareholders' fundsRs 109 Cr
Total assetsRs 132 Cr
Net blockRs 27 Cr
Capital work in progressRs 31 Cr
InvestmentsRs 2 Cr
ReceivablesRs 36 Cr
InventoryRs 12 Cr
Other liabilitiesRs 18 Cr
Shares outstanding (crore)4.59
Ownership
Promoter holding62.89% (-0.02 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 | RPEL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +7.1% | -2.8% | +9.9 pts |
| 1 month | +5.3% | -6.8% | +12.1 pts |
| 3 months | +44.2% | -7.6% | +51.8 pts |
| 6 months | +221.1% | +0.4% | +220.7 pts |
| 1 year | +169.4% | -9.9% | +179.3 pts |
| 2 years | +232.5% | -13.6% | +246.1 pts |
| 3 years | +635.9% | +14.2% | +621.7 pts |
| 5 years | +870.4% | +27.9% | +842.6 pts |
Red flags
F-score 5 of 8| explain | Receivables outrunning sales Receivables grew 98% vs sales +55% 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 ₹87 Cr +50.0% vs Jun 2025.
Net profit ₹20 Cr +66.7%.
Activity
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| Graphite India Ltd | 15,660 | 71.5 | 4.58 % |
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| IFGL Refractories Ltd | 1,367 | 31.9 | 4.92 % |
| Foseco Crucible (India) Ltd | 1,113 | 28.3 | 33.2 % |
| Orient Ceratech Ltd | 535 | 15.9 | 11.4 % |
| DE Nora India Ltd | 393 | 32.3 | 5.83 % |
| Panasonic Carbon India Company Ltd | 190 | 9.90 | 16.8 % |
| Royal Arc Electrodes Ltd | 166 | 16.6 | 18.0 % |
| Refractory Shapes Ltd | 89 | 18.6 | 10.7 % |
| Nilachal Refractories Ltd | 77 | -6.32 % | |
| Auro Impex & Chemicals Ltd | 52 | 12.6 | 10.1 % |
| SP Refractories Ltd | 23 | 6.41 | 28.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-06-19 | Dividend - Re 1 Per Share | |
| 2025-08-14 | Dividend - Re 1 Per Share | |
| 2024-11-29 | 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.
Long Term Additional Surveillance Measure (Long Term ASM): stage 1Scrip PE is greater than 50 (4 trailing quarters)