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 | 33.73 | 46.47 | 43.10 | 36.17 | 54.51 | 39.32 | 55.50 | 59.36 | 60.23 | 79.08 | 65.07 | 71.21 |
| Expenses | 31.61 | 41.84 | 40.20 | 36.50 | 49.38 | 41.31 | 55.26 | 56.32 | 63.04 | 74.40 | 60.14 | 69.44 |
| Operating Profit | 2.12 | 4.63 | 2.90 | -0.33 | 5.13 | -1.99 | 0.24 | 3.04 | -2.81 | 4.68 | 4.93 | 1.77 |
| OPM % | 6.29% | 9.96% | 6.73% | -0.91% | 9.41% | -5.06% | 0.43% | 5.12% | -4.67% | 5.92% | 7.58% | 2.49% |
| Other Income | 0.13 | 0.73 | 0.12 | 0.28 | 0.87 | -1.35 | 0.75 | 1.06 | 0.84 | 1.20 | -0.03 | 0.44 |
| Interest | 1.34 | 1.33 | 1.51 | 1.49 | 0.89 | 0.67 | 2.35 | 0.90 | 0.77 | 0.81 | 2.43 | 0.87 |
| Depreciation | 0.59 | 0.63 | 0.60 | 0.69 | 0.85 | 0.89 | 0.47 | 0.58 | 0.59 | 0.61 | 0.61 | 0.70 |
| Profit before tax | 0.32 | 3.40 | 0.91 | -2.23 | 4.26 | -4.90 | -1.83 | 2.62 | -3.33 | 4.46 | 1.86 | 0.64 |
| Tax % | -9.38% | -0.88% | -7.69% | -1.79% | 9.86% | 7.55% | -90.16% | 32.44% | -187.99% | 21.30% | -2.15% | 140.62% |
| Net Profit | 0.35 | 3.42 | 0.98 | -2.18 | 3.84 | -5.28 | -0.17 | 1.77 | 2.93 | 3.51 | 1.90 | -0.26 |
| EPS in Rs | 0.73 | 4.44 | 0.82 | -1.95 | 3.02 | -4.28 | -0.14 | 1.43 | 2.37 | 2.84 | 1.54 | -0.21 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 87 | 103 | 103 | 92 | 132 | 110 | 140 | 160 | 184 | 260 | 276 |
| Expenses | 107 | 85 | 99 | 106 | 97 | 128 | 120 | 138 | 148 | 181 | 249 | 267 |
| Operating Profit | 7 | 2 | 3 | -3 | -6 | 3 | -9 | 2 | 11 | 3 | 10 | 9 |
| OPM % | 6% | 2.1% | 3.4% | -2.5% | -6% | 2.5% | -9% | 1.1% | 7% | 1.7% | 3.9% | 3.1% |
| Other Income | 2 | 2 | 5 | 2 | -4 | 2 | 1 | 8 | 1 | 1 | 3 | 2 |
| Interest | 2 | 3 | 3 | 3 | 4 | 5 | 5 | 5 | 6 | 6 | 5 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 3 |
| Profit before tax | 6 | 0 | 5 | -4 | -16 | -2 | -15 | 2 | 4 | -5 | 6 | 4 |
| Tax % | 3% | -63% | 11% | -2% | -1% | -11% | 0% | 11% | -3% | -19% | -80% | |
| Net Profit | 6 | 0 | 4 | -4 | -15 | -2 | -16 | 2 | 4 | -4 | 10 | 8 |
| EPS in Rs | 6.27 | 0.48 | 4.85 | -3.32 | -23.19 | -2.56 | -21.15 | 3.95 | 4.66 | -3.07 | 8.19 | 6.54 |
| Dividend Payout % | 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 | 9% | 15% | 23% | 32% | ||
| Compounded Profit Growth | 14% | 52% | 75% | 517% | ||
| Stock Price CAGR | % | 64% | 44% | -24% | ||
| Return on Equity | % | % | % | 13% |
| Mar 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 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 12 |
| Reserves | 32 | 37 | 7 | 10 | 6 | -6 | -8 | -18 | -14 | -12 | 57 | 77 |
| Borrowings | 17 | 16 | 19 | 30 | 30 | 22 | 21 | 49 | 52 | 59 | 29 | 39 |
| Other Liabilities | 67 | 70 | 52 | 57 | 55 | 76 | 97 | 73 | 68 | 83 | 122 | 145 |
| Total Liabilities | 122 | 130 | 84 | 103 | 98 | 98 | 117 | 110 | 112 | 137 | 219 | 273 |
| Fixed Assets | 76 | 78 | 37 | 45 | 44 | 41 | 43 | 41 | 44 | 45 | 77 | 84 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 |
| Investments | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 46 | 52 | 44 | 58 | 54 | 57 | 74 | 69 | 68 | 92 | 142 | 188 |
| Total Assets | 122 | 130 | 84 | 103 | 98 | 98 | 117 | 110 | 112 | 137 | 219 | 273 |
| Mar 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 | 0 | 5 | -0 | 1 | -0 | 15 | 6 | -4 | -11 | 6 | 12 | -2 |
| Cash from Investing Activity | 0 | -1 | -1 | -4 | -0 | -4 | -1 | -1 | 10 | -2 | 41 | -12 |
| Cash from Financing Activity | 0 | -2 | 1 | 2 | -2 | -12 | -3 | 4 | -1 | 2 | -41 | 9 |
| Net Cash Flow | 0 | 2 | 0 | -1 | -3 | -0 | 2 | -0 | -2 | 5 | 11 | -5 |
| Free Cash Flow | 0 | 4 | -2 | 0 | -0 | 12 | 5 | -4 | -2 | 4 | 6 | -5 |
| CFO/OP | 0% | 66% | -18% | 20% | 7% | -276% | 163% | 40% | -697% | 92% | 496% | 26% |
| Mar 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 | 86 | 77 | 92 | 117 | 107 | 100 | 94 | 86 | 73 | 91 | 88 | 96 |
| Inventory Days | 101 | 74 | 55 | 72 | 67 | 123 | 83 | 96 | 85 | 93 | 148 | 128 |
| Days Payable | 229 | 172 | 167 | 140 | 152 | 204 | 156 | 193 | 145 | 171 | 263 | 204 |
| Cash Conversion Cycle | -42 | -20 | -20 | 48 | 22 | 18 | 21 | -11 | 13 | 14 | -27 | 19 |
| Working Capital Days | -51 | -29 | -45 | -29 | -33 | -84 | -71 | -123 | 21 | 24 | 7 | 21 |
| ROCE % | -1% | 9% | 5% | 18% | -4% | -18% | 14% | -37% | 4% | 20% | 3% | 10% |
| 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 | 50.21% | 50.21% | 50.21% | 74.97% | 74.98% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
| DIIs | 0.41% | 0.41% | 0.41% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.24% | 0.24% | 0.24% | 0.25% |
| Public | 49.38% | 49.38% | 49.38% | 24.82% | 24.80% | 24.82% | 24.82% | 24.81% | 24.79% | 24.79% | 24.79% | 24.76% |
| No. of Shareholders | 19,669 | 19,628 | 19,567 | 19,625 | 19,560 | 19,676 | 19,878 | 19,680 | 19,687 | 19,777 | 19,646 | 19,379 |
Fundamentals
Market Cap₹ 368 Cr.
Current Price₹ 298
Stock P/E45.6
Book Value₹ 72.3
ROCE9.59 %
ROE12.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)32%
Compounded Profit Growth (TTM)517%
Consolidated figures.
Valuation
Market capRs 363 Cr
Enterprise valueRs 376 Cr
P/E (TTM)44.92x
Price to book4.07x
Price to sales1.32x
EV / EBITDA34.13x
EV / EBIT44.20x
EV / sales1.36x
Earnings yield2.23%
P/E, 3-year average43.55x
P/B, 3-year average-4.49x
P/E, 5-year average31.72x
P/B, 5-year average-3.46x
Profitability
Operating margin (excl. other income)3.93%
Operating margin (incl. other income)5.11%
EBITDA margin4.00%
Pre-tax margin1.32%
Net profit margin2.93%
Net margin, latest quarter-0.37%
ROE12.78%
ROCE9.59%
ROA4.10%
ROE, 3-year average-14.42%
ROCE, 3-year average10.22%
ROA, 3-year average1.43%
ROE, 5-year average26.50%
ROCE, 5-year average2.35%
ROA, 5-year average-1.02%
ROIC (approx.)14.99%
Tax rate-80.39%
Other income / net worth3.43%
Growth
Sales growth (latest year)40.69%
Sales CAGR, 3 years22.98%
Sales CAGR, 5 years14.56%
Profit CAGR, 3 years60.40%
Sales growth QoQ9.44%
Profit growth QoQ-113.68%
Sales growth YoY (latest quarter)19.96%
Profit growth YoY (latest quarter)-114.69%
Per share
EPS (TTM)Rs 6.55
EPS (latest year)Rs 8.19
EPS (latest quarter)Rs -0.21
EPS, 3-year averageRs 3.26
EPS, 5-year averageRs -1.48
Book value per shareRs 72.30
Sales per shareRs 223.30
Cash flow per shareRs -1.34
Free cash flow per shareRs -4.05
Efficiency
Asset turnover0.95x
Fixed asset turnover3.11x
Inventory turnover2.93x
Inventory days124 days
Debtor days96 days
Debtors turnover3.81x
Creditor days204 days
Cash conversion cycle19 days
Working capital days21 days
Leverage
Total debtRs 39 Cr
Cash and bankRs 26 Cr
Net debtRs 13 Cr
Debt to equity0.44x
Net debt / EBITDA1.19x
Interest coverage1.74x
Owners' fund to total sources32.64%
Debt to assets14.43%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Investing Activity (latest year)Rs -12 Cr
Cash from Financing Activity (latest year)Rs 9 Cr
Net Cash Flow (latest year)Rs -5 Cr
Free cash flow (latest year)Rs -5 Cr
FCFE (approx.: FCF + change in debt)Rs 6 Cr
Statement figures
Net sales (TTM)Rs 276 Cr
Net sales (latest year)Rs 260 Cr
Sales (latest quarter)Rs 71 Cr
Operating profit excl. other income (latest year)Rs 10 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 11 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs -5 Cr
Net profit (TTM)Rs 8 Cr
Net profit (latest year)Rs 10 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 181 Cr
Total expenditure (latest year)Rs 249 Cr
Total income (latest year)Rs 263 Cr
Share capitalRs 12 Cr
ReservesRs 77 Cr
Shareholders' fundsRs 89 Cr
Total assetsRs 273 Cr
Net blockRs 84 Cr
Capital work in progressRs 2 Cr
ReceivablesRs 68 Cr
InventoryRs 62 Cr
Other liabilitiesRs 145 Cr
Shares outstanding (crore)1.23
Ownership
Promoter holding74.97% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 44.9 is at the 14th percentile of its own 2.4-year range
(median 66.6, low 30.8, high 190.6).
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 | S&SPOWER | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -6.7% | -2.8% | -4.0 pts |
| 1 month | -11.3% | -6.8% | -4.5 pts |
| 3 months | -17.1% | -7.6% | -9.5 pts |
| 6 months | -9.4% | +0.4% | -9.8 pts |
| 1 year | -25.2% | -9.9% | -15.3 pts |
| 2 years | -25.5% | -13.6% | -12.0 pts |
| 3 years | +194.0% | +14.2% | +179.8 pts |
| 5 years | +1071.7% | +27.9% | +1043.8 pts |
Red flags
F-score 5 of 8| look | Profit leans on other income Other income was 55% of pre-tax profit 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 2026Sales ₹71 Cr +20.0% vs Jun 2025.
Net loss ₹0 Cr.
Against our estimate for Jun 2026: sales -24.6%, profit -107.4% miss. Our estimate for Sep 2026: sales Rs 71 Cr, profit Rs 3 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Apar Industries Ltd | 74,545 | 61.8 | 31.8 % |
| Waaree Energies Ltd | 68,461 | 17.0 | 38.4 % |
| Premier Energies Ltd | 39,494 | 23.7 | 32.7 % |
| MTAR Technologies Ltd | 22,842 | 166 | 15.2 % |
| Emmvee Photovoltaic Power Ltd | 21,778 | 17.1 | 44.6 % |
| Diamond Power Infrastructure Ltd | 21,055 | 114 | 24.2 % |
| Avalon Technologies Ltd | 15,396 | 115 | 19.3 % |
| Fujiyama Power Systems Ltd | 12,512 | 29.9 | 35.1 % |
| Genus Power Infrastructures Ltd | 8,934 | 13.7 | 25.3 % |
| Waaree Renewable Technologies Ltd | 8,574 | 16.8 | 85.0 % |
| Vikram Solar Ltd | 5,801 | 16.1 | 30.6 % |
| Ram Ratna Wires Ltd | 5,450 | 42.1 | 23.6 % |
| Saatvik Green Energy Ltd | 5,249 | 21.1 | 32.9 % |
| Shilchar Technologies Ltd | 4,613 | 33.5 | 50.7 % |
| Yash Highvoltage Ltd | 3,293 | 84.6 | 28.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2023-09-20 | Annual General Meeting | |
| 2022-09-21 | Annual General Meeting | |
| 2021-09-22 | Annual General Meeting | |
| 2020-11-17 | Annual General Meeting | |
| 2019-08-14 | Annual General Meeting | |
| 2018-09-12 | Annual General Meeting | |
| 2017-08-21 | Annual General Meeting | |
| 2016-07-28 | Annual General Meeting | |
| 2015-08-06 | Annual General Meeting | |
| 2013-09-26 | Annual General Meeting | |
| 2012-09-24 | Annual General Meeting | |
| 2011-09-26 | Annual General Meeting | |
| 2010-09-24 | Annual General Meeting | |
| 2009-09-23 | Annual General Meeting | |
| 2008-03-26 | Annual General Meeting | |
| 2007-04-18 | Agm | |
| 2006-03-27 | Agm |
| Date | Type | What it says |
|---|---|---|
| 2026-09-30 | Shareholder meeting | Voting results. |
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.
Less than 100 unique PAN traded in previous 30 days
Quick answers
What is the market cap of S & S Power Switchgear Ltd?
S & S Power Switchgear Ltd (S&SPOWER) has a market capitalisation of Rs 368 Cr. at the 2026-10-01 close.
What is the P/E ratio of S & S Power Switchgear Ltd?
S & S Power Switchgear Ltd trades at a P/E of 45.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were S & S Power Switchgear Ltd's latest quarterly results?
In the Jun 2026 quarter, S & S Power Switchgear Ltd sales was Rs 71 Cr (+20.0% vs Jun 2025) with a net loss of Rs 0 Cr.
What is the 52-week high and low of S & S Power Switchgear Ltd?
The 52-week high is Rs 444.95 and the 52-week low is Rs 193.50.