MarketFriction

Walpar Nutritions Ltd

NSE WALPAR · Pharmaceuticals
₹27.40 -3.69%
NSE close2026-10-01
52 week range21.25 - 50.60
Market cap₹23.4 Cr.
P/E9.49
IPO 2021 · -50% since Price band 5% Delivery 100.0%

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 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales13.9813.9812.7816.5218.6231.1431.3832.5339.2436.4942.30
Expenses13.4713.4712.2715.5216.1229.1528.6229.8936.1633.5538.58
Operating Profit0.510.510.511.002.501.992.762.643.082.943.72
OPM %3.65%3.65%3.99%6.05%13.43%6.39%8.80%8.12%7.85%8.06%8.79%
Other Income0.040.04-0.020.050.270.060.160.31-0.040.130.13
Interest0.250.250.240.440.360.330.340.260.030.300.50
Depreciation0.130.130.150.841.070.920.890.880.941.001.02
Profit before tax0.170.170.10-0.231.340.801.691.812.071.772.33
Tax %29.41%29.41%-130.00%39.13%15.67%20.00%23.08%22.10%32.85%15.25%27.04%
Net Profit0.120.120.24-0.331.140.651.291.411.391.501.50
EPS in Rs0.190.140.27-0.421.070.431.261.371.111.371.26
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales6.0726.7635.1462.5271.7678.77
Expenses5.6125.7431.6557.7766.0472.11
Operating Profit0.461.023.494.755.726.66
OPM %7.58%3.81%9.93%7.60%7.97%8.45%
Other Income0.000.020.320.220.270.26
Interest0.180.480.790.670.290.80
Depreciation0.120.281.911.811.822.02
Profit before tax0.160.281.112.493.884.10
Tax %6.25%-32.14%27.03%22.09%27.84%21.71%
Net Profit0.150.360.811.942.793.00
EPS in Rs0.220.420.651.682.472.63
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%67%31%10%
Compounded Profit Growth%75%61%6%
Stock Price CAGR%9%-15%-32%
Return on Equity%11%14%14%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3.344.544.544.709.399.39
Reserves1.446.457.179.497.179.51
Borrowings7.497.2510.308.307.8516.77
Other Liabilities5.739.8512.2914.6722.9830.40
Total Liabilities18.0028.0934.3037.1647.3966.07
Fixed Assets1.702.0110.1310.2010.6512.21
CWIP1.224.480.020.020.030.05
Investments0.000.490.021.881.882.88
Other Assets15.0821.1124.1325.0634.8350.93
Total Assets18.0028.0934.3037.1647.3966.07
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0.31-1.081.105.354.061.83
Cash from Investing Activity-2.02-6.14-3.44-3.61-2.30-6.57
Cash from Financing Activity2.956.712.42-1.77-0.688.08
Net Cash Flow0.62-0.510.07-0.031.083.34
Free Cash Flow-2.17-4.92-4.143.481.78-1.76
CFO/OP-67%-99%34%116%82%41%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days430.54124.26129.6378.46107.73108.66
Inventory Days369.26103.22128.7367.1567.8593.74
Days Payable455.40135.07143.8872.94108.50136.31
Cash Conversion Cycle344.4192.41114.4872.6767.0766.09
Working Capital Days316.2961.6587.8743.5542.1740.68
ROCE %4.85%8.78%12.75%16.08%14.84%
Sep 2021Mar 2022Sep 2022Mar 2023May 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters71.02%71.02%70.58%70.54%71.46%71.46%71.23%68.44%68.52%68.61%68.82%
Public28.98%28.98%29.42%29.46%28.54%28.54%28.77%31.56%31.48%31.39%31.18%
No. of Shareholders496460291270258233226335333345327

Fundamentals

Market Cap₹ 23.4 Cr.
Current Price₹ 25.0
Stock P/E9.49
Book Value₹ 20.1
ROCE14.8 %
ROE13.9 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)6%
Consolidated figures.
Valuation
Market capRs 26 Cr
Enterprise valueRs 33 Cr
P/E (TTM)67.71x
Price to book2.34x
Price to sales0.96x
EV / EBITDA31.27x
EV / EBIT42.79x
EV / sales1.22x
Earnings yield1.48%
Profitability
Operating margin (excl. other income)3.81%
Operating margin (incl. other income)3.89%
EBITDA margin3.89%
Pre-tax margin1.05%
Net profit margin1.42%
ROE4.82%
ROCE4.98%
ROA1.65%
ROIC (approx.)5.65%
Tax rate-32.14%
Other income / net worth0.18%
Growth
Sales growth (latest year)340.86%
Profit growth (latest year)153.33%
Per share
EPS (TTM)Rs 0.40
EPS (latest year)Rs 0.84
Book value per shareRs 11.70
Sales per shareRs 28.50
Cash flow per shareRs -1.15
Free cash flow per shareRs -1.87
Efficiency
Asset turnover0.95x
Fixed asset turnover13.31x
Inventory turnover3.61x
Inventory days101 days
Debtor days124 days
Debtors turnover2.94x
Creditor days136 days
Cash conversion cycle66 days
Working capital days41 days
Leverage
Total debtRs 7 Cr
Cash and bankRs 0 Cr
Net debtRs 7 Cr
Debt to equity0.66x
Net debt / EBITDA6.53x
Interest coverage1.58x
Owners' fund to total sources39.12%
Debt to assets25.81%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs 7 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs -2 Cr
Cash from ops / profit, 5 years1.27x
Statement figures
Net sales (TTM)Rs 27 Cr
Net sales (latest year)Rs 27 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 21 Cr
Total expenditure (latest year)Rs 26 Cr
Total income (latest year)Rs 27 Cr
Share capitalRs 5 Cr
ReservesRs 6 Cr
Shareholders' fundsRs 11 Cr
Total assetsRs 28 Cr
Net blockRs 2 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 0 Cr
ReceivablesRs 9 Cr
InventoryRs 6 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)0.94
Ownership
Promoter holding68.82% (-2.41 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).
PeriodWALPARNifty 50Difference
1 week+2.8%-2.8% +5.6 pts
1 month-3.9%-6.8% +2.9 pts
3 months-29.4%-7.6% -21.8 pts
6 months-41.1%+0.4% -41.5 pts
1 year-46.4%-9.9% -36.5 pts
2 years-65.1%-13.6% -51.6 pts
3 years-67.8%+14.2% -81.9 pts
5 years-21.7%+27.9% -49.6 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -262% of net profit over the last 2 years
lookShare dilution Share count up 36% in a year
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

Mar 2026
Sales ₹42 Cr +34.8% vs Mar 2024. Net profit ₹2 Cr +16.3%.
Against our estimate for Mar 2026: sales -9.1%, profit -21.6% miss.

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.
High low price variation greater than 100perc in previous 6 monthsLess than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded

Quick answers

What is the market cap of Walpar Nutritions Ltd?

Walpar Nutritions Ltd (WALPAR) has a market capitalisation of Rs 23.4 Cr. at the 2026-10-01 close.

What is the P/E ratio of Walpar Nutritions Ltd?

Walpar Nutritions Ltd trades at a P/E of 9.49 on trailing twelve-month profit, at the 2026-10-01 close.

What were Walpar Nutritions Ltd's latest quarterly results?

In the Mar 2026 quarter, Walpar Nutritions Ltd sales was Rs 42 Cr (+34.8% vs Mar 2024) and net profit was Rs 2 Cr.

What is the 52-week high and low of Walpar Nutritions Ltd?

The 52-week high is Rs 50.60 and the 52-week low is Rs 21.25.

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