Price
Financials
Standalone, Rs crore| Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 129.38 | 130.32 | 122.80 | 130.37 | 164.75 | 182.14 | 136.35 | 144.77 | 208.39 | 144.47 | 133.53 | 147.59 |
| Expenses | 123.40 | 119.68 | 116.62 | 122.52 | 152.42 | 169.32 | 127.19 | 135.80 | 194.33 | 139.73 | 129.30 | 139.78 |
| Operating Profit | 5.98 | 10.64 | 6.18 | 7.85 | 12.33 | 12.82 | 9.16 | 8.97 | 14.06 | 4.74 | 4.23 | 7.81 |
| OPM % | 4.62% | 8.16% | 5.03% | 6.02% | 7.48% | 7.04% | 6.72% | 6.20% | 6.75% | 3.28% | 3.17% | 5.29% |
| Other Income | 0.30 | 0.61 | 0.42 | 0.85 | 1.02 | 1.47 | 1.06 | 1.15 | 1.63 | 1.18 | 1.84 | 1.65 |
| Interest | 0.56 | 0.63 | 0.64 | 0.65 | 0.40 | 0.95 | -0.95 | 0.26 | 0.28 | 0.24 | 0.22 | 0.02 |
| Depreciation | 0.22 | 0.23 | 0.28 | 0.20 | 0.23 | 2.93 | 1.33 | 1.27 | 1.42 | 1.45 | 1.47 | 0.52 |
| Profit before tax | 5.50 | 10.39 | 5.68 | 7.85 | 12.72 | 10.41 | 9.84 | 8.59 | 13.99 | 4.23 | 4.38 | 8.92 |
| Tax % | 22.55% | 25.12% | 25.18% | 22.29% | 24.76% | 24.30% | 28.66% | 26.08% | 24.87% | 24.35% | 23.74% | 25.78% |
| Net Profit | 4.27 | 7.79 | 4.26 | 6.10 | 9.57 | 7.88 | 7.03 | 6.35 | 10.51 | 3.21 | 3.34 | 6.61 |
| EPS in Rs | 1.29 | 2.35 | 1.29 | 1.84 | 2.42 | 1.99 | 1.78 | 1.60 | 2.65 | 0.81 | 0.84 | 1.67 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 0 | 543 | 592 | 602 | 604 | 631 | 634 |
| Expenses | 0 | 522 | 558 | 561 | 560 | 599 | 603 |
| Operating Profit | 0 | 21 | 34 | 40 | 43 | 32 | 31 |
| OPM % | 3.8% | 6% | 7% | 7% | 5% | 4.9% | |
| Other Income | 0 | 1 | 2 | 2 | 4 | 6 | 6 |
| Interest | 0 | 4 | 4 | 2 | 2 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 1 | 5 | 6 | 5 |
| Profit before tax | 0 | 16 | 31 | 39 | 41 | 31 | 32 |
| Tax % | 25% | 26% | 25% | 25% | 25% | ||
| Net Profit | 0 | 12 | 23 | 30 | 31 | 23 | 24 |
| EPS in Rs | 0.00 | 1,231.00 | 2,297.00 | 8.92 | 7.72 | 5.91 | 5.97 |
| Dividend Payout % | 0% | 0% | 0% | 29% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | 2% | 1% | ||
| Compounded Profit Growth | % | % | -1% | -23% | ||
| Stock Price CAGR | % | % | % | -4% | ||
| Return on Equity | % | 30% | 23% | 12% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 33 | 40 | 40 |
| Reserves | 0 | 12 | 35 | 32 | 138 | 155 |
| Borrowings | 0 | 67 | 41 | 43 | 15 | 1 |
| Other Liabilities | 0 | 91 | 112 | 98 | 97 | 92 |
| Total Liabilities | 0 | 170 | 189 | 206 | 290 | 287 |
| Fixed Assets | 0 | 3 | 3 | 3 | 7 | 7 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 4 | 4 | 8 | 8 |
| Other Assets | 0 | 167 | 182 | 199 | 275 | 272 |
| Total Assets | 0 | 170 | 189 | 206 | 290 | 287 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | -40 | 35 | -9 | 2 | 36 |
| Cash from Investing Activity | 0 | -4 | -4 | -0 | -8 | -1 |
| Cash from Financing Activity | 0 | 61 | -29 | -0 | 42 | -12 |
| Net Cash Flow | 0 | 17 | 2 | -9 | 37 | 23 |
| Free Cash Flow | 0 | -44 | 34 | -9 | -3 | 34 |
| CFO/OP | -170% | 127% | 4% | 29% | 137% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 46 | 40 | 46 | 51 | 42 | |
| Inventory Days | 56 | 64 | 74 | 86 | 78 | |
| Days Payable | 65 | 75 | 65 | 63 | 56 | |
| Cash Conversion Cycle | 37 | 30 | 54 | 74 | 63 | |
| Working Capital Days | -5 | 6 | 29 | 71 | 64 | |
| ROCE % | 53% | 45% | 45% | 29% | 16% |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.75% | 74.75% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% |
| FIIs | 0.26% | 0.27% | 0.17% | 0.15% | 0.14% | 0.03% | 0.02% | 0.00% |
| DIIs | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 24.97% | 24.99% | 24.85% | 24.87% | 24.88% | 25.00% | 25.01% | 25.02% |
| No. of Shareholders | 55,788 | 52,012 | 49,409 | 48,231 | 46,718 | 44,651 | 43,082 | 41,931 |
Fundamentals
Market Cap₹ 331 Cr.
Current Price₹ 83.9
Stock P/E14.0
Book Value₹ 49.2
ROCE16.2 %
ROE12.1 %
Dividend Yield3.57 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1%
Compounded Profit Growth (TTM)-23%
Standalone figures.
Valuation
Market capRs 273 Cr
Enterprise valueRs 323 Cr
P/E (TTM)11.55x
Price to book22.03x
Price to sales0.43x
EV / EBITDA8.69x
EV / EBIT10.00x
EV / sales0.51x
Earnings yield8.66%
Profitability
Operating margin (excl. other income)3.84%
Operating margin (incl. other income)3.98%
EBITDA margin5.86%
Pre-tax margin4.97%
Net profit margin3.73%
Net margin, latest quarter4.48%
ROE99.19%
ROCE26.55%
ROA14.48%
ROIC (approx.)38.99%
Tax rate25.35%
Other income / net worth5.88%
Growth
Sales growth QoQ10.53%
Profit growth QoQ97.90%
Sales growth YoY (latest quarter)1.95%
Profit growth YoY (latest quarter)4.09%
Per share
EPS (TTM)Rs 6.01
EPS (latest year)Rs 1,231.00
EPS (latest quarter)Rs 1.68
Book value per shareRs 3.15
Sales per shareRs 160.90
Cash flow per shareRs -10.08
Free cash flow per shareRs 8.63
Efficiency
Asset turnover3.19x
Fixed asset turnover170.15x
Inventory turnover6.64x
Inventory days55 days
Debtor days46 days
Debtors turnover7.89x
Creditor days56 days
Cash conversion cycle63 days
Working capital days64 days
Leverage
Total debtRs 67 Cr
Cash and bankRs 17 Cr
Net debtRs 49 Cr
Debt to equity5.37x
Net debt / EBITDA1.33x
Interest coverage42.47x
Owners' fund to total sources7.30%
Debt to assets39.20%
Cash flow
Cash from Operating Activity (latest year)Rs -40 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs 61 Cr
Net Cash Flow (latest year)Rs 17 Cr
Free cash flow (latest year)Rs 34 Cr
Cash from ops / profit, 5 years0.20x
Statement figures
Net sales (TTM)Rs 634 Cr
Net sales (latest year)Rs 543 Cr
Sales (latest quarter)Rs 148 Cr
Operating profit excl. other income (latest year)Rs 21 Cr
Operating profit (latest quarter)Rs 8 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 37 Cr
PBDT (TTM)Rs 36 Cr
Profit before tax (TTM)Rs 32 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 24 Cr
Net profit (latest year)Rs 12 Cr
Net profit (latest quarter)Rs 7 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 503 Cr
Total expenditure (latest year)Rs 522 Cr
Total income (latest year)Rs 544 Cr
Share capitalRs 0 Cr
ReservesRs 12 Cr
Shareholders' fundsRs 12 Cr
Total assetsRs 170 Cr
Net blockRs 3 Cr
ReceivablesRs 69 Cr
InventoryRs 76 Cr
Other liabilitiesRs 91 Cr
Shares outstanding (crore)3.94
Ownership
Promoter holding74.99% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | SSDL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +4.7% | -2.8% | +7.4 pts |
| 1 month | +23.4% | -6.8% | +30.2 pts |
| 3 months | +22.8% | -7.6% | +30.4 pts |
| 6 months | +47.1% | +0.4% | +46.7 pts |
| 1 year | -21.6% | -9.9% | -11.7 pts |
| 2 years | -57.8% | -13.6% | -44.2 pts |
Red flags
| look | On NSE surveillance On NSE surveillance: ASM short-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 ₹148 Cr +1.9% vs Jun 2025.
Net profit ₹7 Cr +4.1%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Page Industries Ltd | 40,801 | 52.2 | 64.4 % |
| Arvind Ltd | 14,838 | 33.8 | 14.7 % |
| Pearl Global Industries Ltd | 11,921 | 38.0 | 19.9 % |
| Gokaldas Exports Ltd | 4,972 | 48.3 | 7.65 % |
| Lux Industries Ltd | 3,321 | 32.1 | 7.68 % |
| Kewal Kiran Clothing Ltd | 2,884 | 19.5 | 17.2 % |
| SBC Exports Ltd | 2,607 | 76.8 | 16.7 % |
| S P Apparels Ltd | 2,356 | 22.4 | 14.0 % |
| Kitex Garments Ltd | 2,304 | 1.59 % | |
| Cantabil Retail India Ltd | 1,949 | 20.0 | 19.4 % |
| Dollar Industries Ltd | 1,593 | 14.4 | 13.6 % |
| Iris Clothings Ltd | 1,195 | 68.0 | 16.0 % |
| Monte Carlo Fashions Ltd | 1,070 | 10.2 | 14.0 % |
| Rupa & Company Ltd | 1,053 | 13.5 | 9.59 % |
| Karnika Industries Ltd | 775 | 27.7 | % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-30 | Interim Dividend - Rs 3 Per Share | |
| 2025-04-09 | Interim Dividend - Rs 1.515 Per Share | |
| 2025-02-18 | Interim Dividend - Rs 2.27 Per Share |
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.
Short Term Additional Surveillance Measure (Short Term ASM): stage 1