MarketFriction

Tarsons Products Ltd

NSE TARSONS · BSE 543399 · Medical Equipment & Supplies
₹329.40 +2.84%
NSE close2026-10-01
52 week range164.45 - 375.00
Market cap₹1,754 Cr.
P/E148
IPO 2021 · -50% since Price band 20% Delivery 48.7%

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
Mar 2022Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales84.9461.79105.7284.8099.2595.68112.6991.36102.33107.89120.93110.24
Expenses40.6138.9175.4866.0473.9466.0475.6766.6674.8876.3786.6684.25
Operating Profit44.3322.8830.2418.7625.3129.6437.0224.7027.4531.5234.2725.99
OPM %52.19%37.03%28.60%22.12%25.50%30.98%32.85%27.04%26.82%29.21%28.34%23.58%
Other Income2.583.243.382.918.430.853.783.345.807.076.835.98
Interest0.452.514.254.324.845.035.205.075.186.056.256.27
Depreciation7.2410.0612.3311.0314.0317.4120.0319.9422.4825.0429.0827.02
Profit before tax39.2213.5517.046.3214.878.0515.573.035.597.505.77-1.32
Tax %24.89%26.72%39.50%36.39%30.80%34.66%34.49%41.25%40.61%32.93%27.56%9.09%
Net Profit29.469.9310.324.0210.295.2610.201.783.325.044.18-1.44
EPS in Rs5.541.871.940.761.930.991.920.330.620.950.79-0.27
Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026TTM
Sales229301296392423441
Expenses125148196282304322
Operating Profit103153100111118119
OPM %45%51%34%28%28%27%
Other Income5811162326
Interest3410202324
Depreciation1422406297104
Profit before tax9213561452218
Tax %25%25%30%34%35%
Net Profit6910143301411
EPS in Rs3,583.2518.928.015.602.692.09
Dividend Payout %0%0%25%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%13%%11%
Compounded Profit Growth%-26%%-57%
Stock Price CAGR%%-14%7%
Return on Equity%%5%2%
Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Equity Capital0.1911111111
Reserves244479602620624
Borrowings3422269339393
Other Liabilities183390111158
Total Liabilities2965449721,0801,186
Fixed Assets120189336536733
CWIP2232267233159
Investments00000
Other Assets153323369311295
Total Assets2965449721,0801,186
Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6883103114118
Cash from Investing Activity-64-138-285-145-129
Cash from Financing Activity-27130136399
Net Cash Flow-2375-478-2
Free Cash Flow6-48-81-37-7
CFO/OP89%77%121%117%107%
Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Debtor Days7579967474
Inventory Days277478572355341
Days Payable3575654453
Cash Conversion Cycle317482602385361
Working Capital Days108150-138-20
ROCE %35%7%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters47.31%47.31%47.31%47.31%47.31%47.31%47.31%47.31%47.31%47.30%47.30%47.30%
FIIs7.85%6.83%8.16%7.95%8.04%7.51%9.53%9.14%5.82%2.46%0.87%0.15%
DIIs3.15%2.60%0.17%0.11%0.21%0.51%0.30%0.04%0.08%0.00%0.19%0.10%
Public41.68%43.27%44.36%44.63%44.45%44.69%42.89%43.50%46.79%50.23%51.65%52.44%
No. of Shareholders1,08,2361,07,5641,02,8661,05,33099,58696,92793,41790,89188,96687,33684,09383,453

Fundamentals

Market Cap₹ 1,754 Cr.
Current Price₹ 330
Stock P/E148
Book Value₹ 119
ROCE4.59 %
ROE2.44 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)-57%
Consolidated figures.
Ownership
Promoter holding47.30% (-0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodTARSONSNifty 50Difference
1 week-1.8%-2.8% +1.0 pts
1 month-4.3%-6.8% +2.5 pts
3 months+23.6%-7.6% +31.2 pts
6 months+97.9%+0.4% +97.5 pts
1 year+6.6%-9.9% +16.5 pts
2 years-30.0%-13.6% -16.4 pts
3 years-37.4%+14.2% -51.6 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Bandhan BSE Healthcare Index Fund0.03%0 -4%

Red flags

lookAuditor change Auditor change 2026-05-22: Tarsons Products Limited has informed the Exchange regarding Change in Auditors of the company.
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 ₹110 Cr +20.7% vs Jun 2025. Net loss ₹1 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting/Dividend - Rs 2 Per Share
2023-07-07Annual General Meeting
2022-07-21Annual General Meeting
DateTypeWhat it says
2026-09-28Change in ManagementChange in Management
2026-09-28Shareholder meetingVoting results.
2026-09-24Concall / analyst meetSchedule of meet
2026-09-24Shareholder meetingProceedings of Annual General Meeting held on September 24, 2026
2026-09-21Volume querySignificant increase in volume has been observed in Tarsons Products Limited. The Exchange, in order to ensure that investors have latest relevant inf...
2026-09-21Volume querySignificant increase in volume has been observed in Tarsons Products Limited. The Exchange, in order to ensure that investors have latest relevant inf...
2026-09-02General UpdatesGeneral Updates
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 24, 2026
2026-08-17Concall / analyst meetTranscript
2026-08-11Concall / analyst meetLink of Recording
2026-08-11Investor PresentationInvestor Presentation
2026-08-10General UpdatesGeneral Updates regarding the Finalization of the date of 43rd Annual General Meeting of the Company.
2026-08-10General UpdatesGeneral Updates that the Board of the Directors has approved the Unaudited Standalone & Consolidated Financial Results of the Company for the quarter ...
2026-08-10Board meeting outcomeTarsons Products Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-07Concall / analyst meetSchedule of meet
2026-08-04Concall / analyst meetSchedule of meet
2026-06-18Price movementSignificant movement in price has been observed in Tarsons Products Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-06-18Price movementSignificant movement in price has been observed in Tarsons Products Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-06-18Volume querySignificant increase in volume has been observed in Tarsons Products Limited. The Exchange, in order to ensure that investors have latest relevant inf...
2026-06-16Volume querySignificant increase in volume has been observed in Tarsons Products Limited. The Exchange, in order to ensure that investors have latest relevant inf...
2026-06-15ResignationResignation of Director/KMP/SMP
2026-06-15ResignationResignation of Mr Subhra Shankar Bose as Other of the company w.e.f. Jun 15, 2026.
2026-06-06Concall / analyst meetSchedule of meet
2026-06-06Concall / analyst meetSchedule of meet
2026-06-03General UpdatesGeneral Updates
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.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Tarsons Products Ltd?

Tarsons Products Ltd (TARSONS) has a market capitalisation of Rs 1,754 Cr. at the 2026-10-01 close.

What is the P/E ratio of Tarsons Products Ltd?

Tarsons Products Ltd trades at a P/E of 148 on trailing twelve-month profit, at the 2026-10-01 close.

What were Tarsons Products Ltd's latest quarterly results?

In the Jun 2026 quarter, Tarsons Products Ltd sales was Rs 110 Cr (+20.7% vs Jun 2025) with a net loss of Rs 1 Cr.

What is the 52-week high and low of Tarsons Products Ltd?

The 52-week high is Rs 375.00 and the 52-week low is Rs 164.45.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03