Price
Financials
Standalone, Rs crore| Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 31 | 31 | 29 | 40 | 37 | 40 | 50 | 53 | 55 |
| Expenses | 27 | 28 | 26 | 36 | 34 | 35 | 46 | 48 | 50 |
| Operating Profit | 4 | 3 | 3 | 4 | 4 | 5 | 4 | 4 | 5 |
| OPM % | 13% | 9% | 10% | 10% | 10% | 13% | 8% | 9% | 8% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 2 | 3 | 4 | 3 | 6 | 3 | 4 | 4 |
| Tax % | 37% | 19% | 34% | 28% | 26% | 25% | 28% | 27% | 20% |
| Net Profit | 2 | 2 | 2 | 3 | 2 | 4 | 2 | 3 | 3 |
| EPS in Rs | 18.12 | 1.74 | 1.28 | 1.94 | 1.69 | 3.04 | 1.76 | 2.12 | 2.06 |
| Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 14 | 17 | 46 | 55 | 63 | 59 | 78 | 90 | 107 |
| Expenses | 13 | 16 | 43 | 52 | 58 | 54 | 70 | 81 | 98 |
| Operating Profit | 1 | 1 | 3 | 3 | 6 | 6 | 8 | 9 | 9 |
| OPM % | 4.3% | 4.5% | 6% | 6% | 9% | 10% | 10% | 10% | 8% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 2 | 0 |
| Interest | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 0 | 2 | 3 | 5 | 5 | 7 | 9 | 8 |
| Tax % | 35% | 33% | 40% | 27% | 27% | 27% | 27% | 26% | 24% |
| Net Profit | 0 | 0 | 1 | 2 | 4 | 4 | 5 | 7 | 6 |
| EPS in Rs | 2.11 | 2.53 | 9.70 | 15.47 | 29.02 | 2.55 | 3.63 | 4.80 | 4.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 14% | 22% | 19% | ||
| Compounded Profit Growth | % | 23% | 15% | -16% | ||
| Stock Price CAGR | % | % | -15% | 32% | ||
| Return on Equity | % | 17% | 15% | 13% |
| Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.95 | 0.95 | 1 | 1 | 1 | 14 | 14 | 14 | 14 |
| Reserves | 1 | 1 | 4 | 6 | 10 | 15 | 20 | 26 | 32 |
| Borrowings | 4 | 4 | 6 | 4 | 6 | 2 | 2 | 1 | 18 |
| Other Liabilities | 2 | 3 | 10 | 12 | 10 | 11 | 13 | 16 | 19 |
| Total Liabilities | 7 | 9 | 20 | 23 | 27 | 41 | 49 | 58 | 83 |
| Fixed Assets | 2 | 2 | 5 | 6 | 6 | 7 | 12 | 15 | 19 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Other Assets | 6 | 6 | 15 | 17 | 21 | 34 | 38 | 43 | 52 |
| Total Assets | 7 | 9 | 20 | 23 | 27 | 41 | 49 | 58 | 83 |
| Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3 | 5 | -2 | -0 | -1 | 2 | 2 | ||
| Cash from Investing Activity | -1 | -2 | -1 | -9 | 0 | -1 | -18 | ||
| Cash from Financing Activity | -2 | -2 | 2 | 9 | 1 | -1 | 16 | ||
| Net Cash Flow | 0 | 1 | -2 | 0 | 0 | 0 | -0 | ||
| Free Cash Flow | 2 | 3 | -3 | -3 | -5 | -1 | -14 | ||
| CFO/OP | 109% | 182% | -19% | 30% | 18% | 40% | 43% |
| Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 90 | 86 | 74 | 69 | 58 | 77 | 77 | 92 | 92 |
| Inventory Days | 53 | 48 | 46 | 29 | 63 | 85 | 87 | 87 | 87 |
| Days Payable | 50 | 58 | 79 | 81 | 67 | 77 | 71 | 75 | 76 |
| Cash Conversion Cycle | 94 | 76 | 41 | 17 | 54 | 85 | 93 | 104 | 102 |
| Working Capital Days | 93 | 76 | 4 | -1 | 33 | 73 | 79 | 99 | 67 |
| ROCE % | 16% | 26% | 38% | 23% | 22% | 24% | 15% |
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Promoters | 73.21% | 73.21% | 73.21% | 73.21% | 73.57% | 73.92% | 74.57% |
| Public | 26.79% | 26.79% | 26.79% | 26.79% | 26.43% | 26.08% | 25.43% |
| No. of Shareholders | 500 | 642 | 1,143 | 1,376 | 1,213 | 1,239 | 1,197 |
Fundamentals
Market Cap₹ 110 Cr.
Current Price₹ 77.6
Stock P/E20.0
Book Value₹ 32.9
ROCE14.6 %
ROE12.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)19%
Compounded Profit Growth (TTM)-16%
Standalone figures.
Valuation
Market capRs 105 Cr
Enterprise valueRs 106 Cr
P/E (TTM)15.38x
Price to book2.57x
Price to sales1.16x
EV / EBITDA9.96x
EV / EBIT11.11x
EV / sales1.17x
Price to cash flow57.48x
Earnings yield6.50%
P/E, 3-year average19.53x
P/B, 3-year average2.89x
P/E, 5-year average19.53x
P/B, 5-year average2.89x
Profitability
Operating margin (excl. other income)10.08%
Operating margin (incl. other income)11.78%
EBITDA margin11.78%
Pre-tax margin10.25%
Net profit margin7.54%
ROE18.25%
ROCE24.30%
ROA12.71%
ROE, 3-year average17.65%
ROCE, 3-year average23.02%
ROA, 3-year average11.57%
ROE, 5-year average24.94%
ROCE, 5-year average26.58%
ROA, 5-year average11.65%
ROIC (approx.)16.76%
Tax rate26.41%
Other income / net worth3.76%
Growth
Sales growth (latest year)15.65%
Profit growth (latest year)32.04%
Sales CAGR, 3 years12.43%
Sales CAGR, 5 years14.41%
Profit CAGR, 3 years23.39%
Profit CAGR, 5 years41.24%
Per share
EPS (TTM)Rs 4.80
EPS (latest year)Rs 4.80
EPS, 3-year averageRs 3.66
EPS, 5-year averageRs 11.10
Book value per shareRs 28.69
Sales per shareRs 63.61
Cash flow per shareRs 1.28
Free cash flow per shareRs -9.88
Efficiency
Asset turnover1.56x
Fixed asset turnover5.92x
Inventory turnover4.46x
Inventory days82 days
Debtor days92 days
Debtors turnover3.95x
Creditor days76 days
Cash conversion cycle102 days
Working capital days67 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 0 Cr
Net debtRs 1 Cr
Debt to equity0.03x
Net debt / EBITDA0.11x
Interest coverage34.00x
Owners' fund to total sources70.18%
Debt to assets2.42%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -14 Cr
FCFE (approx.: FCF + change in debt)Rs -15 Cr
Cash from ops / profit, 5 years0.04x
Sales to cash flow49.54x
Statement figures
Net sales (TTM)Rs 90 Cr
Net sales (latest year)Rs 90 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 11 Cr
PBDT (TTM)Rs 10 Cr
Profit before tax (TTM)Rs 9 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 7 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 69 Cr
Total expenditure (latest year)Rs 81 Cr
Total income (latest year)Rs 92 Cr
Share capitalRs 14 Cr
ReservesRs 26 Cr
Shareholders' fundsRs 41 Cr
Total assetsRs 58 Cr
Net blockRs 15 Cr
ReceivablesRs 23 Cr
InventoryRs 15 Cr
Other liabilitiesRs 16 Cr
Shares outstanding (crore)1.42
Ownership
Promoter holding74.57% (+1.36 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 15.4 is at the 16th percentile of its own 3.7-year range
(median 31.6, low 11.0, high 57.0).
P/B 2.57 is at the 25th percentile (median 4.54).
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 | SRIVASAVI | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -10.4% | -2.8% | -7.7 pts |
| 1 month | +2.4% | -6.8% | +9.1 pts |
| 3 months | -3.1% | -7.6% | +4.5 pts |
| 6 months | +70.6% | +0.4% | +70.2 pts |
| 1 year | +15.0% | -9.9% | +25.0 pts |
| 2 years | -27.8% | -13.6% | -14.2 pts |
| 3 years | -41.0% | +14.2% | -55.1 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was 8% of net profit over the last 3 years |
| explain | Share dilution Share count up 0% in a year, 1083% in three |
| 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 ₹55 Cr +48.6% vs Mar 2024.
Net profit ₹3 Cr +50.0%.
Activity
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| Oriental Rail Infrastructure Ltd | 826 | 17.5 | 12.0 % |
| Technocrats Plasma Systems Ltd | 708 | 47.4 | 67.0 % |
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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 1Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded