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 | 1.94 | 19.68 | 3.26 | 2.87 | 0.49 | 1.04 | 0.25 | 0.00 | 0.89 | 0.00 | 0.00 | 0.06 |
| Expenses | 0.74 | 14.04 | 1.87 | 1.51 | 4.35 | 6.46 | 6.95 | 0.68 | 9.04 | 6.18 | 3.41 | 1.31 |
| Operating Profit | 1.20 | 5.64 | 1.39 | 1.36 | -3.86 | -5.42 | -6.70 | -0.68 | -8.15 | -6.18 | -3.41 | -1.25 |
| OPM % | 61.86% | 28.66% | 42.64% | 47.39% | -787.76% | -521.15% | -2,680.00% | -915.73% | -2,083.33% | |||
| Other Income | 0.00 | 0.00 | 0.79 | 2.29 | 0.00 | 0.78 | -36.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.05 | 0.01 | 0.01 | 0.00 | 0.03 | 0.02 | 0.00 | 0.00 | 0.03 | 0.01 |
| Profit before tax | 1.20 | 5.64 | 2.13 | 3.64 | -3.87 | -4.64 | -43.05 | -0.70 | -8.15 | -6.18 | -3.44 | -1.26 |
| Tax % | 0.00% | 0.00% | 2.82% | 0.00% | 0.00% | 0.00% | 0.05% | 1.43% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | 1.20 | 5.64 | 2.08 | 3.63 | -3.87 | -4.64 | -43.08 | -0.70 | -8.15 | -6.18 | -3.43 | -1.26 |
| EPS in Rs | 0.02 | 0.06 | 0.01 | 0.03 | -0.07 | -0.08 | -0.38 | -0.01 | -0.07 | -0.05 | -0.03 | -0.01 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 1 | 2 | 3 | 23 | 6 | 1 | 1 |
| Expenses | 2 | 4 | 2 | 16 | 20 | 19 | 20 | 20 |
| Operating Profit | -0 | -4 | 1 | -12 | 3 | -12 | -19 | -19 |
| OPM % | -1.6% | -388% | 37% | -362% | 15% | -194% | -2,026% | -1,999% |
| Other Income | 0 | 4 | 0 | 0 | 6 | -36 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 1 | -12 | 9 | -48 | -19 | -19 |
| Tax % | 0% | -6% | 0% | -1% | 1% | 0% | 0% | |
| Net Profit | 0 | 0 | 1 | -12 | 8 | -48 | -19 | -19 |
| EPS in Rs | 0.01 | 0.02 | 0.05 | -0.29 | 0.09 | -0.85 | -0.17 | -0.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 0% | -35% | -47% | ||
| Compounded Profit Growth | % | % | 7% | 21% | ||
| Stock Price CAGR | -21% | -24% | -50% | -47% | ||
| Return on Equity | % | -3% | -2% | -3% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 21 | 43 | 57 | 58 | 58 |
| Reserves | -8 | -7 | 7 | 22 | 276 | 235 | 225 |
| Borrowings | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Other Liabilities | 4 | 0 | 0 | 6 | 22 | 19 | 16 |
| Total Liabilities | 18 | 14 | 29 | 71 | 355 | 312 | 299 |
| Fixed Assets | 0 | 0 | 0 | 0 | 186 | 164 | 164 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 4 | 4 | 4 | 10 | 0 | 0 |
| Other Assets | 18 | 10 | 25 | 67 | 159 | 148 | 135 |
| Total Assets | 18 | 14 | 29 | 71 | 355 | 312 | 299 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | 4 | -14 | -43 | -68 | -5 | -0 |
| Cash from Investing Activity | -0 | -4 | -0 | -0 | 0 | -0 | 0 |
| Cash from Financing Activity | 0 | 0 | 14 | 43 | 72 | 1 | 0 |
| Net Cash Flow | -0 | 0 | -0 | 0 | 4 | -4 | -0 |
| Free Cash Flow | -0 | 4 | -14 | -43 | -68 | -5 | -0 |
| CFO/OP | 200% | -98% | -1,509% | 347% | -1,982% | 41% | 1% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 325 | 0 | 287 | 72 | 247 | 816 | 468 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 325 | 0 | 287 | 72 | 247 | 816 | 468 |
| Working Capital Days | 2,795 | 3,793 | 3,662 | 6,368 | 2,116 | 7,603 | 44,669 |
| ROCE % | 2% | 5% | -26% | 4% | -4% | -6% |
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FIIs | 0.54% | 0.54% | 0.33% | 0.23% | 0.21% | 0.15% | 0.15% | 0.15% | 0.11% | 0.11% | 0.11% | 0.11% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 18.52% | 18.52% | 18.52% | 18.52% | 18.52% | 18.52% |
| Public | 99.46% | 99.46% | 99.68% | 99.78% | 99.80% | 99.86% | 81.33% | 81.33% | 81.35% | 81.37% | 81.37% | 81.37% |
| No. of Shareholders | 20,009 | 24,382 | 33,233 | 51,183 | 51,620 | 75,785 | 85,480 | 87,990 | 87,375 | 88,007 | 85,938 | 84,170 |
Fundamentals
Market Cap₹ 43.3 Cr.
Current Price₹ 0.75
Book Value₹ 4.90
ROCE-6.50 %
ROE-3.36 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-47%
Compounded Profit Growth (TTM)21%
Consolidated figures.
Valuation
Market capRs 29 Cr
Enterprise valueRs 30 Cr
Price to book0.46x
Price to sales8.67x
EV / sales8.85x
Earnings yield-33.17%
P/E, 3-year average178.95x
P/B, 3-year average6.22x
Profitability
Operating margin (excl. other income)-361.95%
Operating margin (incl. other income)-361.65%
EBITDA margin-559.88%
Pre-tax margin-561.36%
Net profit margin-287.61%
Net margin, latest quarter-1066.67%
ROE-26.30%
ROCE-26.25%
ROA-24.39%
ROE, 3-year average-6.27%
ROCE, 3-year average-6.31%
ROA, 3-year average-5.77%
ROIC (approx.)-29.12%
Tax rate0.73%
Other income / net worth0.02%
Growth
Sales growth (latest year)39.51%
Profit growth (latest year)-1242.06%
Sales CAGR, 3 years21.29%
Per share
EPS (TTM)Rs -0.23
EPS (latest year)Rs -0.29
EPS (latest quarter)Rs -0.01
EPS, 3-year averageRs -0.07
Book value per shareRs 1.51
Sales per shareRs 0.08
Cash flow per shareRs -1.00
Free cash flow per shareRs -0.00
Efficiency
Asset turnover0.05x
Fixed asset turnover12.11x
Inventory turnover179.00x
Inventory days2 days
Debtor days72 days
Debtors turnover5.06x
Cash conversion cycle468 days
Working capital days44669 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 0 Cr
Net debtRs 1 Cr
Debt to equity0.01x
Interest coverage-1902.00x
Owners' fund to total sources90.16%
Debt to assets1.11%
Cash flow
Cash from Operating Activity (latest year)Rs -43 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 43 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -0 Cr
Statement figures
Net sales (TTM)Rs 3 Cr
Net sales (latest year)Rs 3 Cr
Sales (latest quarter)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -12 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs -19 Cr
PBDT (TTM)Rs -19 Cr
Profit before tax (TTM)Rs -19 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs -10 Cr
Net profit (latest year)Rs -12 Cr
Net profit (latest quarter)Rs -1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 5 Cr
Total expenditure (latest year)Rs 16 Cr
Total income (latest year)Rs 3 Cr
Share capitalRs 43 Cr
ReservesRs 22 Cr
Shareholders' fundsRs 64 Cr
Total assetsRs 71 Cr
Net blockRs 0 Cr
InvestmentsRs 4 Cr
ReceivablesRs 1 Cr
InventoryRs 0 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)42.60
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.46 is at the 2th percentile (median 4.57).
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 | TOYAMSL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -17.9% | -2.8% | -15.1 pts |
| 1 month | +11.3% | -6.8% | +18.1 pts |
| 3 years | -88.5% | +14.2% | -102.7 pts |
| 5 years | -77.2% | +27.9% | -105.0 pts |
Red flags
F-score 0 of 7| explain | High accruals Profit exceeded operating cash by 43% of total assets 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 ₹0 Cr.
Net loss ₹1 Cr.
Activity
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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.
Long Term Additional Surveillance Measure (Long Term ASM): stage 1