MarketFriction

Tamboli Industries Ltd

NSE TAMBOLIIN · BSE 533170 · Holding Company
₹290.00 -1.59%
NSE close2026-10-01
52 week range141.50 - 318.85
Market cap₹292 Cr.
P/E26.4
ESM Price band 5%

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
Sales19.1419.6616.9314.1016.7918.2119.8016.7119.1821.7822.7518.43
Expenses15.7215.8213.9310.7613.9714.0215.6514.5115.8617.1016.8614.68
Operating Profit3.423.843.003.342.824.194.152.203.324.685.893.75
OPM %17.87%19.53%17.72%23.69%16.80%23.01%20.96%13.17%17.31%21.49%25.89%20.35%
Other Income0.190.630.020.030.660.170.530.760.70-0.230.930.25
Interest0.050.060.040.160.120.130.190.120.120.090.100.07
Depreciation1.121.121.061.271.091.191.211.141.061.041.151.11
Profit before tax2.443.291.921.942.273.043.281.702.843.325.572.82
Tax %30.74%31.91%26.56%28.35%30.84%26.32%23.78%25.29%32.04%25.00%26.57%25.89%
Net Profit1.712.251.421.391.572.242.511.271.942.504.102.09
EPS in Rs1.722.271.431.401.582.262.531.281.962.524.132.11
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales615556545267808375698082
Expenses474041414551596561546464
Operating Profit14151513716221814141618
OPM %23%27%27%24%14%23%27%22%19%21%20%21%
Other Income00-0011121122
Interest111100110100
Depreciation333333444544
Profit before tax10111110513181511111315
Tax %33%34%34%28%25%26%28%29%29%27%27%
Net Profit7777491311881011
EPS in Rs6.827.107.067.024.089.4613.1010.647.597.779.8910.72
Dividend Payout %9%10%10%10%12%10%8%9%13%13%12%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth3%4%-1%15%
Compounded Profit Growth4%2%0%46%
Stock Price CAGR14%39%19%94%
Return on Equity10%9%8%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010101010101010101010
Reserves354148546063728493100104113
Borrowings6366530141362
Other Liabilities5756191715191413710
Total Liabilities56606876939396127119126127135
Fixed Assets202021222020235757605463
CWIP000102101111
Investments000000000000
Other Assets364047527270726961657370
Total Assets56606876939396127119126127135
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity313119924242151212
Cash from Investing Activity-2-4-4-5-1-5-5-37-5-7-12-10
Cash from Financing Activity-3-32-2-2-3-212-1402-5
Net Cash Flow-35926-6-3-11-22-3
Free Cash Flow09749-3-12116-28-3
CFO/OP46%111%102%83%93%51%45%128%143%55%99%94%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7054507576568885469087101
Inventory Days4594086514871,0931,707434664381381645416
Days Payable10314310818425118613215078104168148
Cash Conversion Cycle4263195933799181,577390600350367564368
Working Capital Days136113119131120129154153101133151139
ROCE %15%21%20%17%14%8%16%20%15%10%10%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters52.32%52.32%52.83%52.83%52.83%52.83%52.83%52.83%52.83%52.83%52.83%52.83%
FIIs0.39%0.03%0.00%0.00%0.00%0.05%0.00%0.00%0.00%0.00%0.00%0.00%
Public47.28%47.65%47.16%47.17%47.17%47.12%47.17%47.16%47.17%47.17%47.16%47.16%
No. of Shareholders3,5613,6333,5483,5093,4613,4203,4173,2663,1993,1013,0453,204

Fundamentals

Market Cap₹ 292 Cr.
Current Price₹ 292
Stock P/E26.4
Book Value₹ 123
ROCE12.0 %
ROE8.80 %
Dividend Yield0.41 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)46%
Consolidated figures.
Valuation
Market capRs 288 Cr
Enterprise valueRs 270 Cr
P/E (TTM)27.06x
Price to book2.35x
Price to sales3.50x
EV / EBITDA14.02x
EV / EBIT18.11x
EV / sales3.29x
Price to cash flow23.81x
Earnings yield3.70%
Dividend yield0.41%
P/E, 3-year average16.86x
P/B, 3-year average1.20x
P/E, 5-year average13.08x
P/B, 5-year average1.06x
Profitability
Operating margin (excl. other income)20.28%
Operating margin (incl. other income)22.72%
EBITDA margin23.48%
Pre-tax margin17.71%
Net profit margin12.94%
Net margin, latest quarter11.34%
ROE8.31%
ROCE11.33%
ROA7.49%
ROE, 3-year average7.42%
ROCE, 3-year average10.28%
ROA, 3-year average6.58%
ROE, 5-year average9.56%
ROCE, 5-year average13.12%
ROA, 5-year average8.00%
ROIC (approx.)10.35%
Tax rate27.08%
Other income / net worth1.60%
Growth
Sales growth (latest year)16.83%
Profit growth (latest year)27.24%
Sales CAGR, 3 years-1.12%
Sales CAGR, 5 years3.72%
Profit CAGR, 3 years-2.40%
Profit CAGR, 5 years0.90%
Sales growth QoQ-18.99%
Profit growth QoQ-49.02%
Sales growth YoY (latest quarter)10.29%
Profit growth YoY (latest quarter)64.57%
Per share
EPS (TTM)Rs 10.72
EPS (latest year)Rs 9.89
EPS (latest quarter)Rs 2.11
EPS, 3-year averageRs 8.42
EPS, 5-year averageRs 9.80
Book value per shareRs 123.44
Sales per shareRs 82.80
Cash flow per shareRs 12.18
Free cash flow per shareRs -3.02
Dividend per share (latest year)Rs 1.20
Dividend per share, 3-year averageRs 1.07
Dividend per share, 5-year averageRs 1.04
Dividends
Dividend payout12.13%
Dividend payout, 3-year average12.71%
Dividend payout, 5-year average11.02%
Efficiency
Asset turnover0.60x
Fixed asset turnover1.27x
Inventory turnover3.19x
Inventory days114 days
Debtor days101 days
Debtors turnover3.62x
Creditor days148 days
Cash conversion cycle368 days
Working capital days139 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 20 Cr
Net debtRs -17 Cr
Debt to equity0.02x
Net debt / EBITDA-0.89x
Interest coverage39.29x
Owners' fund to total sources90.91%
Debt to assets1.80%
Cash flow
Cash from Operating Activity (latest year)Rs 12 Cr
Cash from Investing Activity (latest year)Rs -10 Cr
Cash from Financing Activity (latest year)Rs -5 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs -7 Cr
Cash from ops / profit, 5 years1.48x
Sales to cash flow6.65x
Statement figures
Net sales (TTM)Rs 82 Cr
Net sales (latest year)Rs 80 Cr
Sales (latest quarter)Rs 18 Cr
Operating profit excl. other income (latest year)Rs 16 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 19 Cr
PBDT (TTM)Rs 19 Cr
Profit before tax (TTM)Rs 15 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 11 Cr
Net profit (latest year)Rs 10 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 43 Cr
Total expenditure (latest year)Rs 64 Cr
Total income (latest year)Rs 82 Cr
Share capitalRs 10 Cr
ReservesRs 113 Cr
Shareholders' fundsRs 122 Cr
Total assetsRs 135 Cr
Net blockRs 63 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 0 Cr
ReceivablesRs 22 Cr
InventoryRs 14 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)0.99
Ownership
Promoter holding52.83% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 27.1 is at the 97th percentile of its own 9.4-year range (median 12.0, low 3.9, high 27.5).
P/B 2.35 is at the 98th percentile (median 1.25).
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.
PeriodTAMBOLIINNifty 50Difference
1 week-1.7%-2.8% +1.1 pts
1 month+14.6%-6.8% +21.4 pts
3 months+29.9%-7.6% +37.5 pts
3 years+68.9%+14.2% +54.7 pts
5 years+423.0%+27.9% +395.1 pts

Red flags

F-score 7 of 8
lookOn 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

Jun 2026
Sales ₹18 Cr +10.3% vs Jun 2025. Net profit ₹2 Cr +64.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-19Dividend - Rs 1.20 Per Share
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 days
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03