Alpex Solar Ltd.
•₹ 815.8-1.59%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2024 • Solar Panel Manufacturing Trading & Application: 98.0% • Import & Trading of Circular Knittting Needles: 2.0%
PROS
- Company has a healthy return on capital (ROCE) of 32.5%
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.2%
- Operating margins have improved to 16.1% from 4.2%
- Company has consistently been profitable over the last 5 years
- Company comfortably covers its interest (16.4x coverage)
- Working capital cycle has improved - days down from 70 to 57
CONS
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.46x)
- Operating cash flow has been negative in recent years
- Equity base is being diluted - shares outstanding up 308.0%
- Total debt has risen sharply - up 102.0% year on year
- Free cash flow has been persistently negative
- Stock is trading at 6.4x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ABB | 7400.00 | 52.48 | 156812.20 | 0.53 | 3623.00 | 930.02 | 35588.70 | 1110.31 | 30.18 | 12.56 |
| 2. | POWERINDIA | 33550.00 | 0.00 | 149540.28 | 0.02 | 294.15 | 123.52 | 2493.69 | 74.46 | 28.73 | 14.58 |
| 3. | SIEMENS | 3880.10 | 42.19 | 138178.32 | 0.46 | 214.31 | -49.38 | 4713.70 | 8.44 | 21.42 | 9.14 |
| 4. | CGPOWER | 862.90 | 108.75 | 135945.59 | 0.15 | 308.28 | 15.52 | 3280.81 | 13.99 | 27.94 | 12.11 |
| 5. | ENRIN | 3483.60 | 0.00 | 124058.14 | 0.11 | 4409.00 | 1578.34 | 24856.00 | 1292.81 | 40.19 | 23.56 |
| 6. | GVT&D | 4119.00 | 564.77 | 105465.57 | 0.24 | 362.99 | 24.65 | 1836.14 | 38.04 | 75.51 | 25.10 |
| 7. | HAVELLS | 1278.00 | 49.11 | 80202.38 | 0.78 | 289.71 | -16.64 | 6518.19 | 19.48 | 25.74 | 7.15 |
| 8. | WAAREEENER | 2688.00 | 20.26 | 77320.68 | 0.15 | 891.87 | 15.39 | 7931.79 | 79.22 | 34.71 | 18.15 |
| 9. | APARINDS | 16607.65 | 58.86 | 69540.11 | 0.36 | 4674.50 | 1677.98 | 65910.60 | 1191.31 | 33.47 | 11.50 |
| 10. | SUZLON | 46.78 | 20.45 | 64302.09 | 0.00 | 305.22 | -5.89 | 3829.09 | 22.83 | 35.79 | 15.55 |
| 11. | SCHNEIDER | 1254.75 | 0.00 | 30001.58 | 0.00 | 124.40 | 201.65 | 6513.60 | 947.83 | 31.01 | 5.23 |
| 12. | ALPEXSOLAR | 857.55 | 10.95 | 2190.44 | 0.00 | 39.87 | -5.74 | 503.43 | 32.37 | 52.33 | 14.93 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 79 | 121 | 77 | 188 | 188 | 327 | 380 | 523 | 648 | 672 | 503 | |
| 71 | 106 | 73 | 158 | 151 | 274 | 318 | 445 | 558 | 583 | 454 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 1 | 0 | 1 | 0 | 1 | 2 | 1 | 1 | 4 | 3 |
| Interest | 2 | 1 | 2 | 1 | 2 | 2 | 3 | 3 | 6 | 10 | 15 |
| Depreciation | 1 | 1 | 1 | 1 | 3 | 3 | 4 | 4 | 7 | 9 | 10 |
| 6 | 8 | 1 | 29 | 32 | 49 | 57 | 72 | 77 | 74 | 54 | |
| Tax % | 20.66% | 16.69% | 28.86% | 18.89% | 27.52% | 28.35% | 26.33% | 27.36% | 29.30% | 27.87% | 25.54% |
| Net Profit | 0 | 0 | 0 | 0 | 24 | 35 | 42 | 53 | 54 | 53 | 40 |
| 3 | 3 | 0 | 10 | 10 | 14 | 17 | 21 | 21 | 21 | 2 | |
| Equity Capital | 18 | 24 | 24 | 24 | 24 | 24 | 24 | 26 | 26 | 26 | 26 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 18 | 24 | 24 | 24 | 24 | 24 | 24 | 26 | 26 | 26 | 26 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Dec 2023
- 79
- 71
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 6
- Tax %
- 20.66%
- Net Profit
- 0
- 3
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 121
- 106
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 8
- Tax %
- 16.69%
- Net Profit
- 0
- 3
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 77
- 73
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 1
- Tax %
- 28.86%
- Net Profit
- 0
- 0
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 188
- 158
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 29
- Tax %
- 18.89%
- Net Profit
- 0
- 10
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 188
- 151
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 3
- 32
- Tax %
- 27.52%
- Net Profit
- 24
- 10
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 327
- 274
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 3
- 49
- Tax %
- 28.35%
- Net Profit
- 35
- 14
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 380
- 318
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 4
- 57
- Tax %
- 26.33%
- Net Profit
- 42
- 17
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 523
- 445
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 4
- 72
- Tax %
- 27.36%
- Net Profit
- 53
- 21
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 648
- 558
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 6
- Depreciation
- 7
- 77
- Tax %
- 29.30%
- Net Profit
- 54
- 21
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 672
- 583
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 10
- Depreciation
- 9
- 74
- Tax %
- 27.87%
- Net Profit
- 53
- 21
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 503
- 454
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 15
- Depreciation
- 10
- 54
- Tax %
- 25.54%
- Net Profit
- 40
- 2
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 149 | 166 | 195 | 413 | 780 | 2,346 | |
| 140 | 162 | 183 | 375 | 655 | 2,040 | |
| Operating Profit | 10 | 7 | 13 | 39 | 128 | — |
| OPM % | 7 | 4 | 7 | 9 | 16 | — |
| Other Income | 2 | 3 | 1 | 1 | 3 | 9 |
| Interest | 4 | 4 | 5 | 6 | 7 | 35 |
| Depreciation | 2 | 3 | 2 | 4 | 9 | 30 |
| 3 | 0 | 5 | 34 | 112 | 277 | |
| Tax % | 10 | 38 | 29 | 14 | 26 | 28 |
| Net Profit | 3 | 0 | 4 | 29 | 83 | 200 |
| EPS | 4 | 1 | 6 | 12 | 34 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | -0 | -0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 1 |
| Adjusted EPS | 2 | 0 | 2 | 12 | 34 | — |
| Minority Interest | -0 | -0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 1 |
| Adjusted EPS | 2 | 0 | 2 | 12 | 34 | — |
Mar 2021
- 149
- 140
- Operating Profit
- 10
- OPM %
- 7
- Other Income
- 2
- Interest
- 4
- Depreciation
- 2
- 3
- Tax %
- 10
- Net Profit
- 3
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2022
- 166
- 162
- Operating Profit
- 7
- OPM %
- 4
- Other Income
- 3
- Interest
- 4
- Depreciation
- 3
- 0
- Tax %
- 38
- Net Profit
- 0
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2023
- 195
- 183
- Operating Profit
- 13
- OPM %
- 7
- Other Income
- 1
- Interest
- 5
- Depreciation
- 2
- 5
- Tax %
- 29
- Net Profit
- 4
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 413
- 375
- Operating Profit
- 39
- OPM %
- 9
- Other Income
- 1
- Interest
- 6
- Depreciation
- 4
- 34
- Tax %
- 14
- Net Profit
- 29
- EPS
- 12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2025
- 780
- 655
- Operating Profit
- 128
- OPM %
- 16
- Other Income
- 3
- Interest
- 7
- Depreciation
- 9
- 112
- Tax %
- 26
- Net Profit
- 83
- EPS
- 34
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 34
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 34
TTM
- 2,346
- 2,040
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 35
- Depreciation
- 30
- 277
- Tax %
- 28
- Net Profit
- 200
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 68%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 655%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -39%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 20%
- 3 Years:
- 30%
- Last Year:
- 48%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - |
| Equity Capital | 6 | 6 | 6 | 24 | 24 |
| 31 | 32 | 35 | 109 | 192 | |
| 18 | 15 | 38 | 28 | 49 | |
| Trade Payables | 24 | 23 | 25 | 34 | 110 |
| 20 | 25 | 21 | 31 | 95 | |
| Total Liabilities | 99 | 100 | 126 | 227 | 470 |
| ASSETS | - | - | - | - | - |
| 20 | 17 | 17 | 44 | 74 | |
| Capital Work in Progress | 1 | 2 | 4 | 0 | 23 |
| 4 | 4 | 3 | 2 | 2 | |
| 31 | 44 | 53 | 37 | 102 | |
| 0 | 0 | 0 | 71 | 124 | |
| Cash & Bank | 15 | 7 | 11 | 43 | 46 |
| 29 | 27 | 37 | 30 | 99 | |
| Total Assets | 99 | 100 | 126 | 227 | 470 |
| Total Debt | 30 | 27 | 47 | 36 | 72 |
| Net Working Capital | 25 | 28 | 24 | 79 | 122 |
| Contingent Liabilities | 4 | 18 | 12 | 22 | 49 |
| Book Value per Share | 62.49 | 62.82 | 69.10 | 54.36 | 88.43 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 30 | 27 | 47 | 36 | 72 |
| Net Working Capital | 25 | 28 | 24 | 79 | 122 |
| Contingent Liabilities | 4 | 18 | 12 | 22 | 49 |
| Book Value per Share | 62.49 | 62.82 | 69.10 | 54.36 | 88.43 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2021
- Equity Capital
- 6
- 31
- 18
- Trade Payables
- 24
- 20
- Total Liabilities
- 99
- 20
- Capital Work in Progress
- 1
- 4
- 31
- 0
- Cash & Bank
- 15
- 29
- Total Assets
- 99
- Total Debt
- 30
- Net Working Capital
- 25
- Contingent Liabilities
- 4
- Book Value per Share
- 62.49
- Face Value
- 10.00
- Total Debt
- 30
- Net Working Capital
- 25
- Contingent Liabilities
- 4
- Book Value per Share
- 62.49
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 6
- 32
- 15
- Trade Payables
- 23
- 25
- Total Liabilities
- 100
- 17
- Capital Work in Progress
- 2
- 4
- 44
- 0
- Cash & Bank
- 7
- 27
- Total Assets
- 100
- Total Debt
- 27
- Net Working Capital
- 28
- Contingent Liabilities
- 18
- Book Value per Share
- 62.82
- Face Value
- 10.00
- Total Debt
- 27
- Net Working Capital
- 28
- Contingent Liabilities
- 18
- Book Value per Share
- 62.82
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 6
- 35
- 38
- Trade Payables
- 25
- 21
- Total Liabilities
- 126
- 17
- Capital Work in Progress
- 4
- 3
- 53
- 0
- Cash & Bank
- 11
- 37
- Total Assets
- 126
- Total Debt
- 47
- Net Working Capital
- 24
- Contingent Liabilities
- 12
- Book Value per Share
- 69.10
- Face Value
- 10.00
- Total Debt
- 47
- Net Working Capital
- 24
- Contingent Liabilities
- 12
- Book Value per Share
- 69.10
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 24
- 109
- 28
- Trade Payables
- 34
- 31
- Total Liabilities
- 227
- 44
- Capital Work in Progress
- 0
- 2
- 37
- 71
- Cash & Bank
- 43
- 30
- Total Assets
- 227
- Total Debt
- 36
- Net Working Capital
- 79
- Contingent Liabilities
- 22
- Book Value per Share
- 54.36
- Face Value
- 10.00
- Total Debt
- 36
- Net Working Capital
- 79
- Contingent Liabilities
- 22
- Book Value per Share
- 54.36
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 24
- 192
- 49
- Trade Payables
- 110
- 95
- Total Liabilities
- 470
- 74
- Capital Work in Progress
- 23
- 2
- 102
- 124
- Cash & Bank
- 46
- 99
- Total Assets
- 470
- Total Debt
- 72
- Net Working Capital
- 122
- Contingent Liabilities
- 49
- Book Value per Share
- 88.43
- Face Value
- 10.00
- Total Debt
- 72
- Net Working Capital
- 122
- Contingent Liabilities
- 49
- Book Value per Share
- 88.43
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2 | -1 | -7 | -8 | 69 | |
| Cash from Investing | -8 | 6 | -9 | -19 | -82 |
| Cash from Financing | 7 | -6 | 17 | 50 | 16 |
| 0 | -1 | 2 | 23 | 3 | |
| Free Cash Flow | 2 | -1 | -12 | -33 | 8 |
| OCF / Net Profit | 0.54 | -5.58 | -1.83 | -0.28 | 0.82 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 0.54 | -5.58 | -1.83 | -0.28 | 0.82 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
Mar 2021
- 2
- Cash from Investing
- -8
- Cash from Financing
- 7
- 0
- Free Cash Flow
- 2
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- 0
Mar 2022
- -1
- Cash from Investing
- 6
- Cash from Financing
- -6
- -1
- Free Cash Flow
- -1
- OCF / Net Profit
- -5.58
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -5.58
- Cumulative 5-Year FCF
- 0
Mar 2023
- -7
- Cash from Investing
- -9
- Cash from Financing
- 17
- 2
- Free Cash Flow
- -12
- OCF / Net Profit
- -1.83
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.83
- Cumulative 5-Year FCF
- 0
Mar 2024
- -8
- Cash from Investing
- -19
- Cash from Financing
- 50
- 23
- Free Cash Flow
- -33
- OCF / Net Profit
- -0.28
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.28
- Cumulative 5-Year FCF
- 0
Mar 2025
- 69
- Cash from Investing
- -82
- Cash from Financing
- 16
- 3
- Free Cash Flow
- 8
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - |
| EPS (₹) | 5.26 | 0.32 | 6.23 | 11.89 | 34.11 |
| Book Value (₹) | 62.49 | 62.82 | 69.10 | 54.36 | 88.43 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 3.05 | 1.56 | 3.22 | 13.32 | 37.58 |
| PROFITABILITY | - | - | - | - | - |
| Operating Margin % | 6.72% | 4.19% | 6.52% | 9.00% | 16.06% |
| Net Margin % | 2.11% | 0.12% | 1.92% | 7.05% | 10.70% |
| ROE % | 8.43% | 0.53% | 9.45% | 33.34% | 47.78% |
| ROCE % | 11.59% | 6.55% | 13.90% | 31.25% | 52.33% |
| 3.18% | 0.20% | 3.31% | 16.51% | 23.95% | |
| EFFICIENCY | - | - | - | - | - |
| Debtor Days | 35 | 34 | 33 | 40 | 45 |
| Inventory Days | 77 | 83 | 91 | 40 | 33 |
| Payable Days | 73 | 61 | 41 | 23 | 36 |
| 38 | 55 | 83 | 56 | 42 | |
| FINANCIAL HEALTH | - | - | - | - | - |
| Debt to Equity (x) | 0.80x | 0.71x | 1.14x | 0.27x | 0.33x |
| Interest Coverage (x) | 1.81x | 1.08x | 1.99x | 6.37x | 16.35x |
| 1.50x | 1.56x | 1.32x | 1.87x | 1.52x | |
| GROWTH | - | - | - | - | - |
| Revenue Growth % | 0.00% | 11.46% | 17.59% | 111.94% | 89.08% |
| Operating Profit Growth % | 0.00% | -30.67% | 81.77% | 204.23% | 231.76% |
| Net Profit Growth % | 0.00% | -93.65% | 1762.58% | 678.15% | 186.98% |
| 0.00% | 0.00% | 0.00% | 90.70% | 186.98% | |
| VALUATION | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 27.96x | 16.62x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 6.11x | 6.41x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 20.86x | 11.03x |
Mar 2021
- EPS (₹)
- 5.26
- Book Value (₹)
- 62.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.05
- Operating Margin %
- 6.72%
- Net Margin %
- 2.11%
- ROE %
- 8.43%
- ROCE %
- 11.59%
- 3.18%
- Debtor Days
- 35
- Inventory Days
- 77
- Payable Days
- 73
- 38
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 1.81x
- 1.50x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.32
- Book Value (₹)
- 62.82
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.56
- Operating Margin %
- 4.19%
- Net Margin %
- 0.12%
- ROE %
- 0.53%
- ROCE %
- 6.55%
- 0.20%
- Debtor Days
- 34
- Inventory Days
- 83
- Payable Days
- 61
- 55
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 1.08x
- 1.56x
- Revenue Growth %
- 11.46%
- Operating Profit Growth %
- -30.67%
- Net Profit Growth %
- -93.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 6.23
- Book Value (₹)
- 69.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.22
- Operating Margin %
- 6.52%
- Net Margin %
- 1.92%
- ROE %
- 9.45%
- ROCE %
- 13.90%
- 3.31%
- Debtor Days
- 33
- Inventory Days
- 91
- Payable Days
- 41
- 83
- Debt to Equity (x)
- 1.14x
- Interest Coverage (x)
- 1.99x
- 1.32x
- Revenue Growth %
- 17.59%
- Operating Profit Growth %
- 81.77%
- Net Profit Growth %
- 1762.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 11.89
- Book Value (₹)
- 54.36
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.32
- Operating Margin %
- 9.00%
- Net Margin %
- 7.05%
- ROE %
- 33.34%
- ROCE %
- 31.25%
- 16.51%
- Debtor Days
- 40
- Inventory Days
- 40
- Payable Days
- 23
- 56
- Debt to Equity (x)
- 0.27x
- Interest Coverage (x)
- 6.37x
- 1.87x
- Revenue Growth %
- 111.94%
- Operating Profit Growth %
- 204.23%
- Net Profit Growth %
- 678.15%
- 90.70%
- P/E (x)
- 27.96x
- P/B (x)
- 6.11x
- Dividend Yield %
- 0.00%
- 20.86x
Mar 2025
- EPS (₹)
- 34.11
- Book Value (₹)
- 88.43
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 37.58
- Operating Margin %
- 16.06%
- Net Margin %
- 10.70%
- ROE %
- 47.78%
- ROCE %
- 52.33%
- 23.95%
- Debtor Days
- 45
- Inventory Days
- 33
- Payable Days
- 36
- 42
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 16.35x
- 1.52x
- Revenue Growth %
- 89.08%
- Operating Profit Growth %
- 231.76%
- Net Profit Growth %
- 186.98%
- 186.98%
- P/E (x)
- 16.62x
- P/B (x)
- 6.41x
- Dividend Yield %
- 0.00%
- 11.03x
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May 2026
Feb 2026
Nov 2025