Price
Financials
Standalone, Rs crore| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 69 | 61 | 61 | 44 | 48 | 58 | 57 |
| Expenses | 57 | 52 | 50 | 38 | 44 | 48 | 46 |
| Operating Profit | 12 | 10 | 10 | 6 | 4 | 11 | 12 |
| OPM % | 17% | 16% | 17% | 15% | 8% | 18% | 20% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 0 | 0 | 0 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | 10 | 7 | 8 | 5 | 2 | 9 | 8 |
| Tax % | 26% | 23% | 25% | 28% | 30% | 25% | 28% |
| Net Profit | 7 | 6 | 6 | 3 | 1 | 7 | 6 |
| EPS in Rs | 3.14 | 3.40 | 1.95 | 0.71 | 3.76 | 3.21 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 61 | 60 | 92 | 122 | 122 | 92 | 116 |
| Expenses | 50 | 54 | 76 | 101 | 102 | 82 | 93 |
| Operating Profit | 11 | 6 | 16 | 21 | 20 | 10 | 22 |
| OPM % | 18% | 10% | 17% | 17% | 16% | 11% | 19% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Interest | 2 | 1 | 1 | 1 | 2 | 0 | 1 |
| Depreciation | 2 | 2 | 2 | 3 | 4 | 4 | 5 |
| Profit before tax | 8 | 3 | 13 | 17 | 15 | 7 | 17 |
| Tax % | 24% | 33% | 26% | 25% | 24% | 28% | 26% |
| Net Profit | 6 | 2 | 9 | 12 | 11 | 5 | 12 |
| EPS in Rs | 6.41 | 2.67 | 6.96 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 14% | -2% | 25% | ||
| Compounded Profit Growth | % | 43% | 0% | 161% | ||
| Stock Price CAGR | % | % | % | 109% | ||
| Return on Equity | % | 15% | 11% | 12% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 18 | 18 | 18 |
| Reserves | 15 | 18 | 27 | 40 | 76 | 80 | 93 |
| Borrowings | 19 | 22 | 16 | 20 | 18 | 18 | 25 |
| Other Liabilities | 11 | 14 | 19 | 31 | 19 | 15 | 21 |
| Total Liabilities | 48 | 56 | 65 | 93 | 131 | 131 | 157 |
| Fixed Assets | 22 | 22 | 26 | 34 | 62 | 60 | 83 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 13 | 10 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 26 | 34 | 39 | 59 | 68 | 58 | 64 |
| Total Assets | 48 | 56 | 65 | 93 | 131 | 131 | 157 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 11 | 0 | 11 | 11 | 8 | 3 | 18 |
| Cash from Investing Activity | -6 | -1 | -5 | -11 | -31 | -15 | -25 |
| Cash from Financing Activity | -3 | 2 | -7 | 2 | 36 | -1 | 6 |
| Net Cash Flow | 2 | 1 | -1 | 2 | 12 | -12 | -1 |
| Free Cash Flow | 4 | -1 | 5 | -0 | -24 | -12 | -8 |
| CFO/OP | 115% | 28% | 87% | 73% | 64% | 50% | 100% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 90 | 70 | 69 | 52 | 86 | 83 |
| Inventory Days | 74 | 95 | 81 | 109 | 102 | 129 | 122 |
| Days Payable | 73 | 97 | 83 | 93 | 43 | 50 | 60 |
| Cash Conversion Cycle | 63 | 88 | 67 | 84 | 110 | 165 | 144 |
| Working Capital Days | -5 | 7 | 30 | 36 | 88 | 129 | 94 |
| ROCE % | 12% | 32% | 33% | 19% | 6% | 14% |
| Sep 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 | Aug 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.63% | 73.63% | 73.63% | 73.63% | 73.63% | 73.89% | 74.82% | 74.82% | 74.82% |
| FIIs | 3.00% | 0.03% | 0.11% | 0.10% | 0.10% | 0.19% | 0.07% | 0.07% | 0.07% |
| DIIs | 6.46% | 1.79% | 1.54% | 1.51% | 1.59% | 1.32% | 0.30% | 0.27% | 0.27% |
| Public | 16.89% | 24.55% | 24.73% | 24.76% | 24.69% | 24.60% | 24.81% | 24.84% | 24.84% |
| No. of Shareholders | 1,706 | 1,389 | 1,780 | 1,985 | 1,914 | 1,913 | 1,642 | 1,409 | 1,311 |
Fundamentals
Market Cap₹ 722 Cr.
Current Price₹ 367
Stock P/E58.7
Book Value₹ 62.5
ROCE14.3 %
ROE11.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)25%
Compounded Profit Growth (TTM)161%
Standalone figures.
Valuation
Market capRs 718 Cr
Enterprise valueRs 735 Cr
P/E (TTM)57.98x
Price to book16.99x
Price to sales5.88x
EV / EBITDA35.49x
EV / EBIT40.71x
EV / sales6.02x
Price to cash flow65.73x
Earnings yield1.72%
Profitability
Operating margin (excl. other income)16.85%
Operating margin (incl. other income)16.96%
EBITDA margin16.96%
Pre-tax margin13.59%
Net profit margin10.14%
ROE34.34%
ROCE33.26%
ROA15.63%
ROE, 3-year average27.62%
ROCE, 3-year average25.56%
ROA, 3-year average11.72%
ROIC (approx.)22.75%
Tax rate25.44%
Other income / net worth0.33%
Growth
Sales growth (latest year)33.26%
Profit growth (latest year)31.98%
Sales CAGR, 3 years25.83%
Profit CAGR, 3 years28.83%
Per share
EPS (TTM)Rs 6.29
EPS (latest year)Rs 47.62
EPS, 3-year averageRs 163.05
Book value per shareRs 21.48
Sales per shareRs 62.05
Cash flow per shareRs 5.55
Free cash flow per shareRs -4.07
Efficiency
Asset turnover1.31x
Fixed asset turnover3.56x
Inventory turnover3.56x
Inventory days103 days
Debtor days69 days
Debtors turnover5.32x
Creditor days60 days
Cash conversion cycle144 days
Working capital days94 days
Leverage
Total debtRs 20 Cr
Cash and bankRs 3 Cr
Net debtRs 17 Cr
Debt to equity0.48x
Net debt / EBITDA0.82x
Interest coverage12.36x
Owners' fund to total sources45.30%
Debt to assets21.53%
Cash flow
Cash from Operating Activity (latest year)Rs 11 Cr
Cash from Investing Activity (latest year)Rs -11 Cr
Cash from Financing Activity (latest year)Rs 2 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs -8 Cr
FCFE (approx.: FCF + change in debt)Rs -4 Cr
Cash from ops / profit, 5 years1.04x
Sales to cash flow11.18x
Statement figures
Net sales (TTM)Rs 122 Cr
Net sales (latest year)Rs 122 Cr
Operating profit excl. other income (latest year)Rs 21 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 21 Cr
PBDT (TTM)Rs 19 Cr
Profit before tax (TTM)Rs 17 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 12 Cr
Net profit (latest year)Rs 12 Cr
Depreciation (TTM)Rs 3 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 84 Cr
Total expenditure (latest year)Rs 101 Cr
Total income (latest year)Rs 122 Cr
Share capitalRs 3 Cr
ReservesRs 40 Cr
Shareholders' fundsRs 42 Cr
Total assetsRs 93 Cr
Net blockRs 34 Cr
ReceivablesRs 23 Cr
InventoryRs 24 Cr
Other liabilitiesRs 31 Cr
Shares outstanding (crore)1.97
Ownership
Promoter holding74.82% (+1.19 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 58.0 is at the 41th percentile of its own 3.1-year range
(median 75.6, low 36.1, high 269.8).
P/B 16.99 is at the 51th percentile (median 15.56).
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 | SAAKSHI | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.2% | -2.8% | +0.6 pts |
| 1 month | +18.1% | -6.8% | +24.9 pts |
| 3 months | +24.0% | -7.6% | +31.6 pts |
| 6 months | +107.4% | +0.4% | +107.0 pts |
| 1 year | +106.2% | -9.9% | +116.1 pts |
| 2 years | +48.9% | -13.6% | +62.4 pts |
Red flags
F-score 3 of 7| look | Inventory outrunning sales Inventory grew 77% vs sales +33% 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 ₹57 Cr -6.6% vs Mar 2024.
Net profit ₹6 Cr +0.0%.
Activity
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| Waaree Renewable Technologies Ltd | 8,574 | 16.8 | 85.0 % |
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| Ram Ratna Wires Ltd | 5,450 | 42.1 | 23.6 % |
| Saatvik Green Energy Ltd | 5,249 | 21.1 | 32.9 % |
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No bulk or block deals on record.
No corporate actions on record.
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 2Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded