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 | 1.47 | 1.46 | 1.55 | 1.76 | 1.61 | 1.55 | 1.73 | 1.49 | 0.76 | 0.55 | 0.64 | 0.72 |
| Expenses | 1.00 | 1.19 | 4.31 | 1.16 | 1.71 | 1.20 | 1.99 | 1.38 | 1.43 | 2.70 | 18.99 | 1.76 |
| Operating Profit | 0.47 | 0.27 | -2.76 | 0.60 | -0.10 | 0.35 | -0.26 | 0.11 | -0.67 | -2.15 | -18.35 | -1.04 |
| OPM % | 31.97% | 18.49% | -178.06% | 34.09% | -6.21% | 22.58% | -15.03% | 7.38% | -88.16% | -390.91% | -2,867.19% | -144.44% |
| Other Income | 0.02 | 3.10 | 0.54 | 0.67 | 0.64 | 0.25 | -0.33 | 0.80 | 0.02 | 11.30 | 4.99 | 8.34 |
| Interest | 0.01 | 0.00 | 0.02 | 0.63 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.10 | 0.10 | -0.16 | 0.00 | 0.17 | 0.08 | 0.09 | 0.07 | 0.08 | 0.28 | 0.31 | 0.43 |
| Profit before tax | 0.38 | 3.27 | -2.08 | 0.64 | 0.37 | 0.52 | -0.68 | 0.84 | -0.73 | 8.87 | -13.67 | 6.87 |
| Tax % | 39.47% | 27.83% | 5.29% | 0.00% | 110.81% | 0.00% | 22.06% | 0.00% | 0.00% | 26.83% | 14.70% | 29.99% |
| Net Profit | 0.25 | 2.37 | -2.17 | 0.66 | -0.02 | 0.53 | -0.82 | 0.86 | -0.71 | 6.50 | -15.68 | 4.83 |
| EPS in Rs | 0.14 | 1.31 | -1.20 | 0.36 | -0.01 | 0.29 | -0.45 | 0.48 | -0.39 | 3.59 | -8.67 | 2.67 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 11.76 | 12.37 | 6.62 | 6.41 | 6.47 | 6.87 | 6.10 | 6.65 | 3.45 | 2.67 |
| Expenses | 4.41 | 6.84 | 28.08 | 5.05 | 3.83 | 5.15 | 5.47 | 7.69 | 6.05 | 23.87 | 24.88 |
| Operating Profit | -4.41 | 4.92 | -15.71 | 1.57 | 2.58 | 1.32 | 1.40 | -1.59 | 0.60 | -20.42 | -22.21 |
| OPM % | 41.84% | -127.00% | 23.72% | 40.25% | 20.40% | 20.38% | -26.07% | 9.02% | -591.88% | -831.84% | |
| Other Income | 6.67 | 4.25 | 2.64 | 0.05 | -0.04 | 0.83 | 0.10 | 3.67 | 0.61 | 16.37 | 24.65 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.04 | 0.02 | 0.01 | 0.00 |
| Depreciation | 0.07 | 0.31 | 0.31 | 0.34 | 0.34 | 0.32 | 0.38 | 0.15 | 0.34 | 0.74 | 1.10 |
| Profit before tax | 2.19 | 8.86 | -13.38 | 1.28 | 2.20 | 1.83 | 1.11 | 1.89 | 0.85 | -4.80 | 1.34 |
| Tax % | 32.88% | 30.47% | 17.26% | 85.16% | 43.18% | 63.93% | 90.09% | 70.37% | 65.88% | 89.38% | |
| Net Profit | 1.47 | 6.16 | -15.68 | 0.20 | 1.30 | 0.69 | 0.12 | 0.63 | 0.34 | -9.03 | -5.06 |
| EPS in Rs | 0.66 | 2.76 | -8.67 | 0.11 | 0.72 | 0.38 | 0.07 | 0.35 | 0.19 | -4.99 | -2.80 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | -12% | -21% | -58% | ||
| Compounded Profit Growth | % | % | % | -1602% | ||
| Stock Price CAGR | 0% | 11% | 14% | 13% | ||
| Return on Equity | -4% | -9% | -16% | -48% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.16 | 11.16 | 9.04 | 9.04 | 9.04 | 9.04 | 9.04 | 9.04 | 9.04 | 9.04 |
| Reserves | 161.06 | 167.22 | 53.65 | 53.50 | 54.89 | 55.58 | 55.70 | 56.33 | 56.15 | 47.12 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.18 | 0.09 | 0.00 |
| Other Liabilities | 2.38 | 5.08 | 0.92 | 0.83 | 0.65 | 1.35 | 1.16 | 9.29 | 1.06 | 3.78 |
| Total Liabilities | 174.60 | 183.46 | 63.61 | 63.37 | 64.58 | 65.97 | 66.17 | 74.84 | 66.34 | 59.94 |
| Fixed Assets | 8.23 | 8.46 | 8.31 | 8.02 | 8.39 | 8.60 | 9.28 | 9.03 | 8.70 | 12.04 |
| CWIP | 0.00 | 0.00 | 0.24 | 0.33 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.17 | 0.18 | 6.53 | 4.59 | 19.46 |
| Other Assets | 166.37 | 175.00 | 55.06 | 55.02 | 56.05 | 57.20 | 56.71 | 59.28 | 53.05 | 28.44 |
| Total Assets | 174.60 | 183.46 | 63.61 | 63.37 | 64.58 | 65.97 | 66.17 | 74.84 | 66.34 | 59.94 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.04 | -80.62 | 71.94 | 89.70 | 16.16 | -8.41 | 0.87 | 0.06 | 2.53 | 14.39 |
| Cash from Investing Activity | 3.34 | 5.43 | 2.68 | -0.39 | -0.38 | -0.49 | -0.96 | -4.45 | 2.73 | -19.01 |
| Cash from Financing Activity | -0.10 | 0.00 | -100.07 | -100.07 | 0.00 | 0.00 | 0.19 | 5.48 | -8.63 | -0.09 |
| Net Cash Flow | 3.28 | -75.19 | -25.45 | -10.76 | 15.78 | -8.90 | 0.10 | 1.09 | -3.36 | -4.71 |
| Free Cash Flow | -0.74 | -81.17 | 71.55 | 89.31 | 15.78 | -8.93 | -0.20 | -0.14 | 2.51 | 10.31 |
| CFO/OP | -1% | -1,692% | -429% | 5,429% | 672% | -741% | -40% | -103% | 505% | -85% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 3,181.34 | 1,180.27 | 2,260.57 | 1,480.50 | 1,918.08 | 1,838.28 | 2,107.43 | 1,666.38 | 3.17 | |
| Inventory Days | ||||||||||
| Days Payable | ||||||||||
| Cash Conversion Cycle | 3,181.34 | 1,180.27 | 2,260.57 | 1,480.50 | 1,918.08 | 1,838.28 | 2,107.43 | 1,666.38 | 3.17 | |
| Working Capital Days | 3,774.77 | 1,554.13 | 2,974.58 | 2,247.51 | 2,592.23 | 2,443.96 | 2,365.92 | 2,512.19 | 2,597.32 | |
| ROCE % | 6.38% | -10.74% | 2.04% | 3.56% | 2.89% | 1.87% | -2.36% | 1.50% | -34.11% |
| 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 | 68.89% | 68.89% | 68.89% | 68.89% | 68.89% | 68.89% | 68.89% | 68.89% | 68.89% | 68.89% | 68.89% | 68.89% |
| DIIs | 2.39% | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% |
| Government | 2.04% | 2.04% | 2.04% | 0.15% | 0.15% | 0.15% | 0.15% | 2.04% | 2.04% | 2.04% | 2.04% | 2.04% |
| Public | 26.68% | 27.00% | 27.01% | 28.88% | 28.89% | 28.89% | 28.89% | 27.01% | 27.00% | 27.00% | 27.01% | 27.00% |
| No. of Shareholders | 6,731 | 6,646 | 6,552 | 6,527 | 6,420 | 6,385 | 6,374 | 6,327 | 6,305 | 6,278 | 6,266 | 6,244 |
Fundamentals
Market Cap₹ 258 Cr.
Current Price₹ 143
Book Value₹ 31.1
ROCE-34.1 %
ROE-48.2 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-58%
Compounded Profit Growth (TTM)-1602%
Consolidated figures.
Valuation
Market capRs 240 Cr
Enterprise valueRs 238 Cr
Price to book4.28x
Price to sales90.03x
EV / EBITDA97.27x
EV / EBIT176.53x
EV / sales89.26x
Price to cash flow16.70x
Earnings yield-2.10%
P/E, 3-year average494.68x
P/B, 3-year average3.67x
P/E, 5-year average467.38x
P/B, 5-year average2.81x
Profitability
Operating margin (excl. other income)-591.88%
Operating margin (incl. other income)-117.39%
EBITDA margin91.76%
Pre-tax margin50.19%
Net profit margin-189.51%
Net margin, latest quarter670.83%
ROE-14.88%
ROCE-7.89%
ROA-14.30%
ROE, 3-year average-4.46%
ROCE, 3-year average-1.20%
ROA, 3-year average-4.31%
ROE, 5-year average-2.43%
ROCE, 5-year average0.19%
ROA, 5-year average-2.34%
ROIC (approx.)4.73%
Tax rate-89.38%
Other income / net worth29.15%
Growth
Sales growth (latest year)-48.12%
Profit growth (latest year)-2755.88%
Sales CAGR, 3 years-20.51%
Sales CAGR, 5 years-11.65%
Sales growth QoQ12.50%
Sales growth YoY (latest quarter)-51.68%
Profit growth YoY (latest quarter)461.63%
Per share
EPS (TTM)Rs -2.80
EPS (latest year)Rs -4.99
EPS (latest quarter)Rs 2.67
EPS, 3-year averageRs -1.49
EPS, 5-year averageRs -0.80
Book value per shareRs 31.06
Sales per shareRs 1.48
Cash flow per shareRs 7.96
Free cash flow per shareRs 5.70
Efficiency
Asset turnover0.06x
Fixed asset turnover0.29x
Inventory turnover0.10x
Inventory days3579 days
Debtor days3 days
Debtors turnover115.00x
Cash conversion cycle3 days
Working capital days2597 days
Leverage
Cash and bankRs 2 Cr
Net debtRs -2 Cr
Net debt / EBITDA-0.84x
Interest coverage135.00x
Owners' fund to total sources93.69%
Cash flow
Cash from Operating Activity (latest year)Rs 14 Cr
Cash from Investing Activity (latest year)Rs -19 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs -5 Cr
Free cash flow (latest year)Rs 10 Cr
Sales to cash flow0.24x
Statement figures
Net sales (TTM)Rs 3 Cr
Net sales (latest year)Rs 3 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -20 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 25 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs -5 Cr
Net profit (latest year)Rs -9 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 24 Cr
Total income (latest year)Rs 20 Cr
Share capitalRs 9 Cr
ReservesRs 47 Cr
Shareholders' fundsRs 56 Cr
Total assetsRs 60 Cr
Net blockRs 12 Cr
InvestmentsRs 19 Cr
ReceivablesRs 0 Cr
InventoryRs 14 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)1.81
Ownership
Promoter holding68.89% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 4.28 is at the 93th percentile (median 1.58).
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 | SVGLOBAL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -10.4% | -2.8% | -7.6 pts |
| 1 month | +1.2% | -6.8% | +8.0 pts |
| 3 years | +35.7% | +14.2% | +21.5 pts |
| 5 years | +51.7% | +27.9% | +23.9 pts |
Red flags
F-score 4 of 8| look | Inventory outrunning sales Inventory grew 49% vs sales -48% 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 ₹1 Cr -51.7% vs Jun 2025.
Net profit ₹5 Cr +461.6%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| DLF Ltd | 161,638 | 37.6 | 6.32 % |
| Lodha Developers Ltd | 110,592 | 26.8 | 16.4 % |
| Phoenix Mills Ltd | 68,996 | 53.2 | 12.4 % |
| Oberoi Realty Ltd | 64,099 | 24.2 | 17.3 % |
| Prestige Estates Projects Ltd | 61,056 | 53.6 | 10.4 % |
| Godrej Properties Ltd | 49,232 | 30.4 | 7.63 % |
| 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