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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Expenses | 1 | 7 | 14 | 2 | 1 | 7 | 8 | 1 | 17 | 11 | 9 | 0 |
| Operating Profit | -0 | -7 | -13 | -2 | -0 | -6 | -8 | -0 | -17 | -11 | -9 | 2 |
| OPM % | -88% | -2,132% | -4,006% | -684% | -112% | -1,978% | -2,412% | -56% | -5,700% | -3,297% | -2,585% | 84% |
| Other Income | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 33 | 0 | 0 | 0 | 22 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 24 | -7 | -13 | -2 | -0 | -6 | -8 | 33 | -17 | -11 | -9 | 23 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 24 | -7 | -13 | -2 | -0 | -6 | -8 | 33 | -17 | -11 | -9 | 23 |
| EPS in Rs | 28.13 | -7.71 | -15.35 | -2.52 | -0.46 | -7.32 | -9.19 | 38.48 | -19.74 | -12.59 | -10.14 | 27.04 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Expenses | 21 | 2 | 2 | 2 | 2 | 18 | 5 | 38 |
| Operating Profit | -19 | -1 | -1 | -1 | -1 | -17 | -4 | -35 |
| OPM % | -804% | -158% | -113% | -119% | -88% | -1,300% | -259% | -1,094% |
| Other Income | 0 | 15 | 32 | 0 | 0 | 0 | 0 | 22 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -19 | 13 | 31 | -2 | -1 | -17 | -3 | -13 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Net Profit | -19 | 13 | 31 | -2 | 26 | -17 | -3 | -13 |
| EPS in Rs | -22.53 | 15.38 | 35.49 | -1.96 | 29.54 | -19.50 | -3.99 | -15.43 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 9% | 7% | 135% | ||
| Compounded Profit Growth | % | % | % | -172% | ||
| Stock Price CAGR | 6% | -11% | -1% | -13% | ||
| Return on Equity | % | 10% | 2% | -5% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 12 | 26 | 57 | 54 | 81 | 63 | 58 |
| Borrowings | 5 | 5 | 4 | 3 | 2 | 0 | 0 |
| Other Liabilities | 4 | 6 | 8 | 10 | 13 | 16 | 16 |
| Total Liabilities | 30 | 46 | 78 | 77 | 105 | 87 | 83 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 28 | 34 | 67 | 65 | 94 | 75 | 72 |
| Other Assets | 2 | 11 | 11 | 11 | 11 | 11 | 11 |
| Total Assets | 30 | 46 | 78 | 77 | 105 | 87 | 83 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | -1 | 1 | 1 | 1 | 1 | -0 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | -1 | 1 | -1 | -1 | -1 | -1 | 0 |
| Net Cash Flow | -1 | 1 | -0 | -0 | -0 | -0 | -0 |
| Free Cash Flow | 0 | -1 | 1 | 1 | 1 | 1 | -0 |
| CFO/OP | -6% | 38% | -102% | -81% | -89% | -6% | 3% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 17 | 62 | 79 | 102 | 39 | 34 | 43 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 17 | 62 | 79 | 102 | 39 | 34 | 43 |
| Working Capital Days | 588 | 1,735 | 562 | -187 | -844 | -1,384 | -1,460 |
| ROCE % | 43% | 57% | -2% | -1% | -21% | -5% |
| 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 | 50.22% | 50.22% | 50.22% | 50.22% | 50.22% | 50.22% | 50.22% | 50.22% | 50.22% | 50.22% | 50.22% | 50.22% |
| DIIs | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 49.75% | 49.75% | 49.74% | 49.76% | 49.75% | 49.76% | 49.75% | 49.74% | 49.76% | 49.76% | 49.74% | 49.75% |
| No. of Shareholders | 15,360 | 15,184 | 14,996 | 14,916 | 15,279 | 15,762 | 16,455 | 16,525 | 16,480 | 16,474 | 16,510 | 16,430 |
Fundamentals
Market Cap₹ 20.1 Cr.
Current Price₹ 23.2
Book Value₹ 77.5
ROCE-5.01 %
ROE-4.99 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)135%
Compounded Profit Growth (TTM)-172%
Consolidated figures.
Valuation
Market capRs 19 Cr
Enterprise valueRs 22 Cr
Price to book0.29x
Price to sales5.83x
EV / sales6.81x
Price to cash flow17.38x
Earnings yield-71.69%
Profitability
Operating margin (excl. other income)-118.92%
Operating margin (incl. other income)-115.32%
EBITDA margin-405.02%
Pre-tax margin-417.87%
Net profit margin-417.87%
Net margin, latest quarter1052.70%
ROE-2.63%
ROCE-1.89%
ROA-2.19%
ROE, 3-year average35.75%
ROCE, 3-year average32.51%
ROA, 3-year average27.65%
ROIC (approx.)-19.54%
Other income / net worth0.06%
Growth
Sales growth (latest year)0.00%
Profit growth (latest year)-105.51%
Sales CAGR, 3 years-22.01%
Sales growth QoQ552.94%
Sales growth YoY (latest quarter)469.23%
Profit growth YoY (latest quarter)-29.74%
Per share
EPS (TTM)Rs -15.43
EPS (latest quarter)Rs 27.05
Book value per shareRs 72.97
Sales per shareRs 3.69
Cash flow per shareRs 1.24
Free cash flow per shareRs -0.00
Efficiency
Asset turnover0.01x
Fixed asset turnover9.25x
Inventory turnover0.00x
Debtor days102 days
Debtors turnover3.58x
Cash conversion cycle43 days
Working capital days-1460 days
Leverage
Total debtRs 3 Cr
Cash and bankRs 0 Cr
Net debtRs 3 Cr
Debt to equity0.05x
Interest coverage-32.33x
Owners' fund to total sources82.20%
Debt to assets4.45%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years0.11x
Sales to cash flow1.04x
Statement figures
Net sales (TTM)Rs 3 Cr
Net sales (latest year)Rs 1 Cr
Sales (latest quarter)Rs 2 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -13 Cr
PBDT (TTM)Rs -13 Cr
Profit before tax (TTM)Rs -13 Cr
Net profit (TTM)Rs -13 Cr
Net profit (latest year)Rs -2 Cr
Net profit (latest quarter)Rs 23 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 1 Cr
Share capitalRs 9 Cr
ReservesRs 54 Cr
Shareholders' fundsRs 63 Cr
Total assetsRs 77 Cr
Net blockRs 0 Cr
InvestmentsRs 65 Cr
ReceivablesRs 0 Cr
InventoryRs 8 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)0.86
Ownership
Promoter holding50.22% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.29 is at the 20th percentile (median 0.76).
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 | STLSTRINF | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.0% | -2.8% | -4.3 pts |
| 1 month | +13.8% | -6.8% | +20.6 pts |
| 3 years | -13.2% | +14.2% | -27.4 pts |
| 5 years | -51.1% | +27.9% | -79.0 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was 3% of net profit over the last 3 years |
| explain | Receivables outrunning sales Receivables grew 29% vs sales +0% in 2026 |
| look | On NSE surveillance On NSE surveillance: ASM long-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 ₹2 Cr.
Net profit ₹23 Cr -30.3%.
Activity
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|---|---|---|---|
| DLF Ltd | 161,638 | 37.6 | 6.32 % |
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| Anant Raj Ltd | 21,675 | 37.5 | 12.1 % |
| Brigade Enterprises Ltd | 18,370 | 27.0 | 10.5 % |
| Horizon Industrial Parks Ltd | 14,709 | 3.18 % | |
| Sobha Ltd | 13,008 | 56.4 | 6.86 % |
| Aditya Birla Real Estate Ltd | 12,963 | -4.48 % | |
| SignatureGlobal India Ltd | 10,614 | 2.38 % | |
| Sri Lotus Developers & Realty Ltd | 10,466 | 40.7 | 21.2 % |
| Max Estates Ltd | 9,312 | 1,586 | 1.40 % |
| Embassy Developments Ltd | 7,833 | -2.44 % |
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.
Less than 100 unique PAN traded in previous 30 daysLong Term Additional Surveillance Measure (Long Term ASM): stage 1