MarketFriction

Sandesh Ltd

NSE SANDESH · BSE 526725 · Print Media
₹990.05 -0.93%
NSE close2026-10-01
52 week range811.00 - 1,270.00
Market cap₹797 Cr.
P/E7.31
Price band 20% Delivery 74.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales72918669717976737877211458
Expenses586661535512164557357246439
Operating Profit1425261616-411218520-3519
OPM %20%28%30%23%22%-52%16%25%6%26%-17%4.2%
Other Income21506650483455430692
Interest000000000000
Depreciation222222222222
Profit before tax3473906461-401371748-31110
Tax %23%21%20%21%38%-48%31%19%46%20%11%10%
Net Profit2658725038-21958438-3599
EPS in Rs34.2376.2095.0166.7050.45-27.4712.2176.685.1050.84-45.63131.44
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales375356377419343274309341322294440824
Expenses247249258331273198232246240226353815
Operating Profit12810611988717676958268869
OPM %34%30%32%21%21%28%25%28%25%23%20%1.1%
Other Income4151621154948451663816132
Interest210000000000
Depreciation889987667777
Profit before tax12311312699771171181342419996134
Tax %35%36%34%35%21%23%24%24%22%22%31%
Net Profit807383656190901011897766107
EPS in Rs105.5696.19109.4485.6280.72118.87118.68133.97249.15101.8886.98141.75
Dividend Payout %5%5%5%6%6%4%4%4%2%5%6%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth2%10%9%176%
Compounded Profit Growth-2%-5%-12%30%
Stock Price CAGR0%6%0%-12%
Return on Equity9%9%9%5%
Mar 2008Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital988888888888
Reserves1955635846627237798819431,0471,2541,3461,420
Borrowings54142000000000
Other Liabilities8611895877055756462878999
Total Liabilities3447026887588008429641,0141,1171,3491,4421,527
Fixed Assets5373126138132128120110112110106105
CWIP0011000000100
Investments73932873925044285125126669771,1361,003
Other Assets284237265228164285332392340261199418
Total Assets3447026887588008429641,0141,1171,3491,4421,527
Mar 2008Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-5699987848-9049228415467-145
Cash from Investing Activity8-39-33-110-10285-4033-106-130-109148
Cash from Financing Activity47-4-17-7-5-5-4-4-4-4-2-2
Net Cash Flow-15749-38-58-10451-2620-431
Free Cash Flow-5790806945-9052248314965-150
CFO/OP-276%110%130%101%91%-92%96%68%115%215%127%-129%
Mar 2008Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days486268696472685043555736
Inventory Days586812812848661251324761109441
Days Payable823837512418872727334841
Cash Conversion Cycle2492158146891201061556483119437
Working Capital Days26324855582161381449812184231
ROCE %19%19%20%14%10%14%11%13%21%8%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.81%74.81%74.81%74.81%74.81%74.81%74.81%74.81%74.81%74.81%74.81%74.81%
FIIs0.00%0.00%0.01%0.05%0.16%0.15%0.14%0.10%0.09%0.09%0.09%0.09%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.01%0.00%
Public25.19%25.19%25.17%25.14%25.02%25.04%25.04%25.07%25.07%25.08%25.09%25.09%
No. of Shareholders5,9345,6296,4436,3436,9517,2867,5487,3727,4047,1776,9806,840

Fundamentals

Market Cap₹ 797 Cr.
Current Price₹ 1,030
Stock P/E7.31
Book Value₹ 1,886
ROCE7.03 %
ROE4.83 %
Dividend Yield0.49 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)176%
Compounded Profit Growth (TTM)30%
Consolidated figures.
Valuation
Market capRs 749 Cr
Enterprise valueRs 685 Cr
P/E (TTM)6.98x
Price to book0.53x
Price to sales0.91x
EV / EBITDA4.85x
EV / EBIT5.10x
EV / sales0.83x
Earnings yield14.32%
Dividend yield0.50%
P/E, 3-year average8.27x
P/B, 3-year average0.58x
P/E, 5-year average7.50x
P/B, 5-year average0.59x
Profitability
Operating margin (excl. other income)19.64%
Operating margin (incl. other income)23.36%
EBITDA margin17.14%
Pre-tax margin16.27%
Net profit margin13.02%
Net margin, latest quarter21.71%
ROE4.74%
ROCE6.88%
ROA4.44%
ROE, 3-year average8.97%
ROCE, 3-year average11.75%
ROA, 3-year average8.42%
ROE, 5-year average9.36%
ROCE, 5-year average12.29%
ROA, 5-year average8.77%
ROIC (approx.)6.79%
Tax rate31.07%
Other income / net worth1.14%
Growth
Sales growth (latest year)49.47%
Profit growth (latest year)-14.63%
Sales CAGR, 3 years8.87%
Sales CAGR, 5 years9.94%
Profit CAGR, 3 years-13.41%
Profit CAGR, 5 years-6.06%
Sales growth QoQ117.17%
Sales growth YoY (latest quarter)524.82%
Profit growth YoY (latest quarter)71.42%
Per share
EPS (TTM)Rs 141.74
EPS (latest year)Rs 86.98
EPS (latest quarter)Rs 131.44
EPS, 3-year averageRs 146.00
EPS, 5-year averageRs 138.13
Book value per shareRs 1,885.81
Sales per shareRs 1,088.71
Cash flow per shareRs -192.05
Free cash flow per shareRs -198.17
Dividend per share (latest year)Rs 4.99
Dividend per share, 3-year averageRs 4.99
Dividend per share, 5-year averageRs 4.99
Dividends
Dividend payout5.74%
Dividend payout, 3-year average4.22%
Dividend payout, 5-year average4.12%
Efficiency
Asset turnover0.29x
Fixed asset turnover4.18x
Inventory turnover0.92x
Inventory days397 days
Debtor days36 days
Debtors turnover10.04x
Creditor days41 days
Cash conversion cycle437 days
Working capital days231 days
Leverage
Cash and bankRs 64 Cr
Net debtRs -64 Cr
Net debt / EBITDA-0.45x
Interest coverage746.00x
Current ratio (filing 2026-03-31)15.82x
Quick ratio (filing 2026-03-31)11.78x
Trade payables (filing 2026-03-31)Rs 24 Cr
Owners' fund to total sources93.50%
Cash flow
Cash from Operating Activity (latest year)Rs -145 Cr
Cash from Investing Activity (latest year)Rs 148 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -150 Cr
Cash from ops / profit, 5 years0.35x
Statement figures
Net sales (TTM)Rs 824 Cr
Net sales (latest year)Rs 440 Cr
Sales (latest quarter)Rs 458 Cr
Operating profit excl. other income (latest year)Rs 86 Cr
Operating profit (latest quarter)Rs 19 Cr
Other income (TTM)Rs 132 Cr
EBITDA (TTM)Rs 141 Cr
PBDT (TTM)Rs 141 Cr
Profit before tax (TTM)Rs 134 Cr
Tax (latest year)Rs 30 Cr
Net profit (TTM)Rs 107 Cr
Net profit (latest year)Rs 66 Cr
Net profit (latest quarter)Rs 99 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 234 Cr
Total expenditure (latest year)Rs 353 Cr
Total income (latest year)Rs 456 Cr
Share capitalRs 8 Cr
ReservesRs 1,420 Cr
Shareholders' fundsRs 1,427 Cr
Total assetsRs 1,527 Cr
Net blockRs 105 Cr
InvestmentsRs 1,003 Cr
ReceivablesRs 44 Cr
InventoryRs 254 Cr
Other liabilitiesRs 99 Cr
Shares outstanding (crore)0.76
Ownership
Promoter holding74.81% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 7.0 is at the 42th percentile of its own 9.4-year range (median 7.3, low 5.2, high 16.6).
P/B 0.52 is at the 8th percentile (median 0.67).
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.
PeriodSANDESHNifty 50Difference
1 week-2.4%-2.8% +0.4 pts
1 month-6.5%-6.8% +0.2 pts
3 months-0.3%-7.6% +7.3 pts
6 months+20.5%+0.4% +20.1 pts
1 year-16.8%-9.9% -6.9 pts
2 years-46.9%-13.6% -33.4 pts
3 years-3.5%+14.2% -17.7 pts
5 years+26.8%+27.9% -1.1 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was 23% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 14% of total assets in 2026
lookInventory outrunning sales Inventory grew 788% vs sales +49% 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 2026
Sales ₹458 Cr +527.4% vs Jun 2025. Net profit ₹99 Cr +70.7%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
D B Corp Ltd3,1298.8918.3 %
Jagran Prakashan Ltd1,3527.1712.2 %
H T Media Ltd5464.496.32 %
Hindustan Media Ventures Ltd5313.3110.8 %
Madhya Pradesh Today Media Ltd196.398.99 %
Encode Packaging India Ltd40.00 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-14Dividend - Rs 5 Per Share
2025-08-22Dividend - Rs 2.50 Per Share
2025-02-21Interim Dividend - Rs 2.5 Per Share
2024-02-23Interim Dividend - Rs 5 Per Share
2023-02-24Interim Dividend - Rs 5 Per Share
2022-09-15Annual General Meeting
2022-02-24Interim Dividend - Rs 5 Per Share
2021-09-15 Annual General Meeting
2021-02-17 Interim Dividend - Rs 5 Per Share
2020-12-16 Annual General Meeting
2020-02-27 Interim Dividend - Rs 5 Per Share
2019-09-18 Annual General Meeting
2019-02-25 Interim Dividend - Rs 5 Per Share
2018-09-18 Annual General Meeting
2018-02-22 Interim Dividend - Rs 5 Per Share
2017-09-13 Annual General Meeting
2017-03-24 Interim Dividend Rs 5/- Per Share (Purpose Revised)
2016-09-21 Annual General Meeting
2016-03-18 Interim Dividend - Rs 5/- Per Share (Purpose Revised)
2015-09-23Annual General Meeting/Dividend Rs 4/- Per Share
2014-09-18Annual General Meeting / Dividend - Rs 4/- Per Share
2013-08-29Annual General Meeting And Dividend Rs.4/- Per Share
2013-01-31Buyback- Tender Offer
2012-08-23Annual General Meeting And Dividend - Rs.3.50 Per Share
2011-07-25Annual General Meeting And Dividend Rs.4/- Per Share
2010-05-20Agm/Div-Rs.3/- Per Share
2009-07-02Agm/Div-Rs.3/- Per Share
2008-08-25Agm/Dividend-Rs.3 Per Sh.
2007-09-07Agm/Dividend - 25%
2006-08-28Agm/Dividend-20%
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.
Order dateForumCase
2019-03-14NCLATThe Sandesh Ltd. VS Realm Media Solutions Pvt. Ltd.
2019-02-05NCLATThe Sandesh Ltd. VS Realm Media Solutions Pvt. Ltd.
2019-01-08NCLATThe Sandesh Ltd. VS Realm Media Solutions Pvt. Ltd.
2018-12-18NCLATThe Sandesh Ltd. VS Realm Media Solutions Pvt. Ltd.
2018-12-10NCLATThe Sandesh Ltd. VS Realm Media Solutions Pvt. Ltd.
2018-11-12NCLATThe Sandesh Ltd. VS Realm Media Solutions Pvt. Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Sandesh Ltd?

Sandesh Ltd (SANDESH) has a market capitalisation of Rs 797 Cr. at the 2026-10-01 close.

What is the P/E ratio of Sandesh Ltd?

Sandesh Ltd trades at a P/E of 7.31 on trailing twelve-month profit, at the 2026-10-01 close.

What were Sandesh Ltd's latest quarterly results?

In the Jun 2026 quarter, Sandesh Ltd sales was Rs 458 Cr (+527.4% vs Jun 2025) and net profit was Rs 99 Cr.

What is the 52-week high and low of Sandesh Ltd?

The 52-week high is Rs 1,270.00 and the 52-week low is Rs 811.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03