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 | 475.76 | 513.18 | 404.97 | 378.29 | 431.82 | 544.19 | 476.42 | 460.42 | 615.32 | 605.06 | 685.44 | 622.50 |
| Expenses | 475.15 | 518.33 | 397.60 | 377.03 | 426.08 | 532.79 | 469.28 | 457.79 | 606.65 | 597.07 | 671.85 | 613.75 |
| Operating Profit | 0.61 | -5.15 | 7.37 | 1.26 | 5.74 | 11.40 | 7.14 | 2.63 | 8.67 | 7.99 | 13.59 | 8.75 |
| OPM % | 0.13% | -1.00% | 1.82% | 0.33% | 1.33% | 2.09% | 1.50% | 0.57% | 1.41% | 1.32% | 1.98% | 1.41% |
| Other Income | 1.03 | 0.14 | 0.86 | 1.55 | 0.95 | 0.32 | 0.23 | 0.16 | 3.01 | 0.43 | 0.24 | 0.14 |
| Interest | 0.63 | 0.38 | 0.00 | -0.06 | 0.23 | 1.13 | 2.18 | 0.69 | 3.18 | 0.60 | 3.47 | 0.57 |
| Depreciation | 0.63 | 0.67 | 0.69 | 0.61 | 0.61 | 0.62 | 0.79 | 0.65 | 0.66 | 0.70 | 0.74 | 0.74 |
| Profit before tax | 0.38 | -6.06 | 7.54 | 2.26 | 5.85 | 9.97 | 4.40 | 1.45 | 7.84 | 7.12 | 9.62 | 7.58 |
| Tax % | 36.84% | -3.96% | 9.15% | 15.04% | -6.32% | 25.08% | 36.59% | 27.59% | 22.32% | 24.44% | 29.42% | 26.25% |
| Net Profit | 0.25 | -5.82 | 6.86 | 1.93 | 6.22 | 7.47 | 2.80 | 1.06 | 6.09 | 5.37 | 6.78 | 5.58 |
| EPS in Rs | 0.78 | -18.17 | 21.42 | 6.03 | 19.42 | 23.32 | 8.74 | 3.31 | 19.02 | 16.77 | 21.17 | 17.42 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 662 | 685 | 879 | 1,226 | 1,448 | 2,070 | 2,716 | 2,430 | 1,829 | 1,831 | 2,366 | 2,528 |
| Expenses | 648 | 669 | 859 | 1,200 | 1,412 | 1,991 | 2,644 | 2,409 | 1,825 | 1,804 | 2,332 | 2,489 |
| Operating Profit | 14 | 16 | 20 | 26 | 36 | 78 | 72 | 21 | 4 | 27 | 35 | 39 |
| OPM % | 2.2% | 2.3% | 2.3% | 2.1% | 2.5% | 3.8% | 2.6% | 0.9% | 0.2% | 1.5% | 1.5% | 1.5% |
| Other Income | 0 | 1 | 0 | 2 | 2 | 8 | 11 | 8 | 3 | 2 | 2 | 4 |
| Interest | 5 | 2 | 3 | 7 | 8 | -4 | 4 | 4 | 1 | 3 | 8 | 8 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 8 | 14 | 16 | 19 | 27 | 89 | 76 | 22 | 4 | 22 | 26 | 32 |
| Tax % | 30% | 34% | 36% | 34% | 25% | 25% | 25% | 24% | 28% | 18% | 26% | |
| Net Profit | 5 | 9 | 10 | 13 | 21 | 67 | 57 | 17 | 3 | 18 | 19 | 24 |
| EPS in Rs | 16.89 | 28.20 | 32.07 | 39.78 | 64.54 | 208.49 | 179.23 | 53.11 | 9.18 | 57.55 | 60.26 | 74.38 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 14% | 3% | -1% | 32% | ||
| Compounded Profit Growth | 14% | -21% | 7% | 36% | ||
| Stock Price CAGR | 15% | -24% | -9% | -20% | ||
| Return on Equity | 10% | 7% | 4% | 6% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 76 | 81 | 103 | 123 | 131 | 154 | 238 | 323 | 316 | 319 | 338 | 349 |
| Borrowings | 60 | 64 | 61 | 97 | 80 | 85 | 116 | 148 | 38 | 9 | 33 | 65 |
| Other Liabilities | 24 | 23 | 22 | 23 | 28 | 42 | 53 | 43 | 48 | 43 | 39 | 45 |
| Total Liabilities | 163 | 172 | 190 | 246 | 243 | 284 | 411 | 516 | 405 | 375 | 414 | 463 |
| Fixed Assets | 15 | 15 | 16 | 16 | 18 | 20 | 22 | 24 | 22 | 35 | 38 | 48 |
| CWIP | 10 | 10 | 10 | 10 | 10 | 11 | 10 | 10 | 15 | 10 | 11 | 1 |
| Investments | 17 | 17 | 51 | 60 | 57 | 61 | 83 | 117 | 103 | 103 | 103 | 100 |
| Other Assets | 121 | 130 | 114 | 160 | 158 | 192 | 296 | 366 | 264 | 227 | 262 | 313 |
| Total Assets | 163 | 172 | 190 | 246 | 243 | 284 | 411 | 516 | 405 | 375 | 414 | 463 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 44 | 4 | 23 | -38 | 53 | 46 | -22 | 41 | 71 | 31 | -22 | -61 |
| Cash from Investing Activity | 1 | -0 | -18 | 0 | -14 | -6 | -58 | 74 | -54 | 1 | 29 | 4 |
| Cash from Financing Activity | -46 | -2 | -5 | 32 | -25 | -5 | 29 | 28 | -113 | -32 | 21 | 26 |
| Net Cash Flow | -1 | 1 | -0 | -5 | 14 | 35 | -51 | 143 | -97 | -0 | 28 | -31 |
| Free Cash Flow | 42 | 2 | 20 | -39 | 50 | 41 | -25 | 37 | 63 | 21 | -28 | -67 |
| CFO/OP | 338% | 46% | 170% | -154% | 235% | 149% | 1% | 83% | 360% | 720% | -67% | -159% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14 | 14 | 15 | 21 | 14 | 9 | 7 | 6 | 6 | 4 | 5 | 5 |
| Inventory Days | 17 | 40 | 28 | 33 | 16 | 9 | 19 | 19 | 12 | 15 | 25 | 31 |
| Days Payable | 9 | 9 | 7 | 6 | 5 | 8 | 7 | 4 | 5 | 5 | 4 | 2 |
| Cash Conversion Cycle | 22 | 45 | 36 | 49 | 25 | 10 | 19 | 21 | 14 | 14 | 25 | 33 |
| Working Capital Days | 13 | 18 | 12 | 16 | 6 | -1 | 8 | 4 | 12 | 16 | 20 | 23 |
| ROCE % | 9% | 10% | 10% | 12% | 15% | 28% | 19% | 6% | 1% | 7% | 9% |
| 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 | 67.65% | 68.19% | 68.23% | 68.73% | 68.73% | 68.73% | 68.96% | 68.96% | 68.96% | 68.96% | 68.96% | 69.59% |
| Public | 32.36% | 31.83% | 31.78% | 31.28% | 31.28% | 31.28% | 31.05% | 31.04% | 31.03% | 31.04% | 31.04% | 30.42% |
| No. of Shareholders | 5,515 | 5,335 | 4,914 | 4,508 | 4,479 | 4,426 | 4,263 | 4,191 | 4,123 | 4,092 | 4,137 | 4,025 |
Fundamentals
Market Cap₹ 207 Cr.
Current Price₹ 649
Stock P/E8.69
Book Value₹ 1,101
ROCE9.00 %
ROE5.92 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)32%
Compounded Profit Growth (TTM)36%
Consolidated figures.
Valuation
Market capRs 200 Cr
Enterprise valueRs 211 Cr
P/E (TTM)8.38x
Price to book0.57x
Price to sales0.08x
EV / EBITDA4.92x
EV / EBIT5.27x
EV / sales0.08x
Earnings yield11.94%
P/E, 3-year average36.51x
P/B, 3-year average0.67x
P/E, 5-year average26.89x
P/B, 5-year average0.91x
Profitability
Operating margin (excl. other income)1.46%
Operating margin (incl. other income)1.55%
EBITDA margin1.69%
Pre-tax margin1.27%
Net profit margin0.94%
Net margin, latest quarter0.90%
ROE5.56%
ROCE8.58%
ROA4.41%
ROE, 3-year average4.01%
ROCE, 3-year average5.80%
ROA, 3-year average3.28%
ROE, 5-year average7.51%
ROCE, 5-year average8.63%
ROA, 5-year average5.18%
ROIC (approx.)8.15%
Tax rate25.85%
Other income / net worth0.62%
Growth
Sales growth (latest year)29.25%
Profit growth (latest year)4.72%
Sales CAGR, 3 years-0.88%
Sales CAGR, 5 years2.71%
Profit CAGR, 3 years4.30%
Profit CAGR, 5 years-21.98%
Sales growth QoQ-9.18%
Profit growth QoQ-17.70%
Sales growth YoY (latest quarter)35.20%
Profit growth YoY (latest quarter)426.42%
Per share
EPS (TTM)Rs 74.41
EPS (latest year)Rs 60.29
EPS (latest quarter)Rs 17.43
EPS, 3-year averageRs 42.35
EPS, 5-year averageRs 71.88
Book value per shareRs 1,101.50
Sales per shareRs 7,897.88
Cash flow per shareRs -191.64
Free cash flow per shareRs -209.29
Efficiency
Asset turnover5.11x
Fixed asset turnover48.79x
Inventory turnover12.34x
Inventory days30 days
Debtor days5 days
Debtors turnover77.33x
Creditor days2 days
Cash conversion cycle33 days
Working capital days23 days
Leverage
Total debtRs 65 Cr
Cash and bankRs 54 Cr
Net debtRs 11 Cr
Debt to equity0.18x
Net debt / EBITDA0.26x
Interest coverage5.11x
Owners' fund to total sources76.22%
Debt to assets14.07%
Cash flow
Cash from Operating Activity (latest year)Rs -61 Cr
Cash from Investing Activity (latest year)Rs 4 Cr
Cash from Financing Activity (latest year)Rs 26 Cr
Net Cash Flow (latest year)Rs -31 Cr
Free cash flow (latest year)Rs -67 Cr
FCFE (approx.: FCF + change in debt)Rs -35 Cr
Cash from ops / profit, 5 years0.53x
Statement figures
Net sales (TTM)Rs 2,528 Cr
Net sales (latest year)Rs 2,366 Cr
Sales (latest quarter)Rs 622 Cr
Operating profit excl. other income (latest year)Rs 35 Cr
Operating profit (latest quarter)Rs 9 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 43 Cr
PBDT (TTM)Rs 35 Cr
Profit before tax (TTM)Rs 32 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 24 Cr
Net profit (latest year)Rs 19 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 2,297 Cr
Total expenditure (latest year)Rs 2,332 Cr
Total income (latest year)Rs 2,368 Cr
Share capitalRs 3 Cr
ReservesRs 349 Cr
Shareholders' fundsRs 353 Cr
Total assetsRs 463 Cr
Net blockRs 48 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 100 Cr
ReceivablesRs 31 Cr
InventoryRs 186 Cr
Other liabilitiesRs 45 Cr
Shares outstanding (crore)0.32
Ownership
Promoter holding69.59% (+0.63 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 8.4 is at the 32th percentile of its own 9.2-year range
(median 9.9, low 3.2, high 132.5).
P/B 0.57 is at the 15th percentile (median 0.86).
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 | VIJSOLX | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.4% | -2.8% | +1.4 pts |
| 1 month | -8.3% | -6.8% | -1.5 pts |
| 3 years | -26.9% | +14.2% | -41.1 pts |
| 5 years | -76.4% | +27.9% | -104.3 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -130% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 17% of total assets in 2026 |
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 ₹622 Cr +35.2% vs Jun 2025.
Net profit ₹6 Cr +426.4%.
Activity
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|---|---|---|---|
| Marico Ltd | 102,346 | 54.2 | 47.0 % |
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| AWL Agri Business Ltd | 23,232 | 19.8 | 18.3 % |
| Gokul Agro Resources Ltd | 6,351 | 15.1 | 36.7 % |
| CIAN Agro Industries & Infrastructure Ltd | 3,115 | 9.67 | 12.3 % |
| Sundrop Brands Ltd | 2,831 | 101 | 1.93 % |
| Shri Venkatesh Refineries Ltd | 1,452 | 38.0 | 19.8 % |
| KN Agri Resources Ltd | 500 | 14.0 | 13.6 % |
| Gokul Refoils and Solvent Ltd | 386 | 18.6 | 8.25 % |
| Kriti Nutrients Ltd | 364 | 10.8 | 20.0 % |
| Integrated Proteins Ltd | 249 | 429 | 1.26 % |
| Ramdevbaba Solvent Ltd | 204 | 17.8 | 5.39 % |
| Ajanta Soya Ltd | 183 | 12.7 | 8.87 % |
| Prime Industries Ltd | 177 | 19.8 | 26.9 % |
| M K Proteins Ltd | 147 | 31.3 | 10.1 % |
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 days
Quick answers
What is the market cap of Vijay Solvex Ltd?
Vijay Solvex Ltd (VIJSOLX) has a market capitalisation of Rs 207 Cr. at the 2026-10-01 close.
What is the P/E ratio of Vijay Solvex Ltd?
Vijay Solvex Ltd trades at a P/E of 8.69 on trailing twelve-month profit, at the 2026-10-01 close.
What were Vijay Solvex Ltd's latest quarterly results?
In the Jun 2026 quarter, Vijay Solvex Ltd sales was Rs 622 Cr (+35.2% vs Jun 2025) and net profit was Rs 6 Cr.
What is the 52-week high and low of Vijay Solvex Ltd?
The 52-week high is Rs 719.90 and the 52-week low is Rs 610.00.