Alpex Solar Ltd.
•₹ 815.8-1.59%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2023 • Application Of Solar Panel: 92.2% • Trading of Circular Knitting Needle & Other: 7.8%
PROS
- Company has a healthy return on capital (ROCE) of 33.8%
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.3%
- Operating margins have improved to 16.0% from 4.3%
- Company comfortably covers its interest (16.2x coverage)
- Company maintains a comfortable, low leverage position
CONS
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.25x)
- 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 101.8% 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 522 | 646 | 669 | 501 | |
| 71 | 106 | 73 | 158 | 151 | 274 | 318 | 445 | 556 | 578 | 453 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 1 | 0 | 1 | 0 | 1 | 2 | 1 | 1 | 3 | 4 |
| 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 | 48 | 58 | 72 | 77 | 75 | 52 | |
| Tax % | 20.66% | 16.69% | 28.86% | 19.92% | 27.45% | 27.85% | 26.21% | 27.39% | 29.31% | 26.93% | 25.65% |
| Net Profit | 5 | 6 | 1 | 23 | 24 | 35 | 43 | 52 | 55 | 55 | 39 |
| 2 | 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
- 5
- 2
- 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
- 6
- 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
- 1
- 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 %
- 19.92%
- Net Profit
- 23
- 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 %
- 27.45%
- 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
- 48
- Tax %
- 27.85%
- 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
- 58
- Tax %
- 26.21%
- Net Profit
- 43
- 17
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 522
- 445
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 4
- 72
- Tax %
- 27.39%
- Net Profit
- 52
- 21
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 646
- 556
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 6
- Depreciation
- 7
- 77
- Tax %
- 29.31%
- Net Profit
- 55
- 21
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 669
- 578
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 10
- Depreciation
- 9
- 75
- Tax %
- 26.93%
- Net Profit
- 55
- 21
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 501
- 453
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 15
- Depreciation
- 10
- 52
- Tax %
- 25.65%
- Net Profit
- 39
- 2
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 138 | 153 | 183 | 404 | 779 | 2,339 | |
| 130 | 150 | 172 | 368 | 655 | 2,032 | |
| Operating Profit | 10 | 7 | 12 | 38 | 127 | — |
| 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 | 3 | 9 | 30 |
| 3 | 0 | 5 | 36 | 111 | 276 | |
| Tax % | 8 | 33 | 29 | 13 | 26 | 27 |
| Net Profit | 3 | 0 | 4 | 32 | 83 | 200 |
| EPS | 2 | 0 | 6 | 13 | 34 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 0 | 2 | 13 | 34 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 0 | 2 | 13 | 34 | — |
Mar 2021
- 138
- 130
- Operating Profit
- 10
- OPM %
- 7
- Other Income
- 2
- Interest
- 4
- Depreciation
- 2
- 3
- Tax %
- 8
- Net Profit
- 3
- EPS
- 2
- 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
- 153
- 150
- Operating Profit
- 7
- OPM %
- 4
- Other Income
- 3
- Interest
- 4
- Depreciation
- 3
- 0
- Tax %
- 33
- Net Profit
- 0
- EPS
- 0
- 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
- 183
- 172
- Operating Profit
- 12
- 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
- 404
- 368
- Operating Profit
- 38
- OPM %
- 9
- Other Income
- 1
- Interest
- 6
- Depreciation
- 3
- 36
- Tax %
- 13
- Net Profit
- 32
- EPS
- 13
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2025
- 779
- 655
- Operating Profit
- 127
- OPM %
- 16
- Other Income
- 3
- Interest
- 7
- Depreciation
- 9
- 111
- 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
- 2,339
- 2,032
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 35
- Depreciation
- 30
- 276
- Tax %
- 27
- Net Profit
- 200
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 72%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 955%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -39%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 20%
- 3 Years:
- 31%
- Last Year:
- 47%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - |
| Equity Capital | 6 | 6 | 6 | 24 | 24 |
| 29 | 30 | 33 | 109 | 192 | |
| 18 | 14 | 36 | 28 | 49 | |
| Trade Payables | 22 | 21 | 23 | 34 | 96 |
| 18 | 19 | 15 | 31 | 92 | |
| Total Liabilities | 93 | 89 | 114 | 227 | 453 |
| ASSETS | - | - | - | - | - |
| 20 | 17 | 15 | 44 | 69 | |
| Capital Work in Progress | 1 | 2 | 4 | 0 | 11 |
| 5 | 4 | 4 | 3 | 3 | |
| 22 | 34 | 41 | 37 | 102 | |
| 0 | 0 | 0 | 71 | 125 | |
| Cash & Bank | 14 | 6 | 10 | 43 | 44 |
| 32 | 26 | 39 | 30 | 101 | |
| Total Assets | 93 | 89 | 114 | 227 | 453 |
| Total Debt | 28 | 20 | 40 | 36 | 72 |
| Net Working Capital | 21 | 19 | 17 | 79 | 137 |
| Contingent Liabilities | 4 | 18 | 12 | 22 | 49 |
| Book Value per Share | 59.15 | 59.27 | 65.56 | 54.50 | 88.32 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 28 | 20 | 40 | 36 | 72 |
| Net Working Capital | 21 | 19 | 17 | 79 | 137 |
| Contingent Liabilities | 4 | 18 | 12 | 22 | 49 |
| Book Value per Share | 59.15 | 59.27 | 65.56 | 54.50 | 88.32 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2021
- Equity Capital
- 6
- 29
- 18
- Trade Payables
- 22
- 18
- Total Liabilities
- 93
- 20
- Capital Work in Progress
- 1
- 5
- 22
- 0
- Cash & Bank
- 14
- 32
- Total Assets
- 93
- Total Debt
- 28
- Net Working Capital
- 21
- Contingent Liabilities
- 4
- Book Value per Share
- 59.15
- Face Value
- 10.00
- Total Debt
- 28
- Net Working Capital
- 21
- Contingent Liabilities
- 4
- Book Value per Share
- 59.15
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 6
- 30
- 14
- Trade Payables
- 21
- 19
- Total Liabilities
- 89
- 17
- Capital Work in Progress
- 2
- 4
- 34
- 0
- Cash & Bank
- 6
- 26
- Total Assets
- 89
- Total Debt
- 20
- Net Working Capital
- 19
- Contingent Liabilities
- 18
- Book Value per Share
- 59.27
- Face Value
- 10.00
- Total Debt
- 20
- Net Working Capital
- 19
- Contingent Liabilities
- 18
- Book Value per Share
- 59.27
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 6
- 33
- 36
- Trade Payables
- 23
- 15
- Total Liabilities
- 114
- 15
- Capital Work in Progress
- 4
- 4
- 41
- 0
- Cash & Bank
- 10
- 39
- Total Assets
- 114
- Total Debt
- 40
- Net Working Capital
- 17
- Contingent Liabilities
- 12
- Book Value per Share
- 65.56
- Face Value
- 10.00
- Total Debt
- 40
- Net Working Capital
- 17
- Contingent Liabilities
- 12
- Book Value per Share
- 65.56
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 24
- 109
- 28
- Trade Payables
- 34
- 31
- Total Liabilities
- 227
- 44
- Capital Work in Progress
- 0
- 3
- 37
- 71
- Cash & Bank
- 43
- 30
- Total Assets
- 227
- Total Debt
- 36
- Net Working Capital
- 79
- Contingent Liabilities
- 22
- Book Value per Share
- 54.50
- Face Value
- 10.00
- Total Debt
- 36
- Net Working Capital
- 79
- Contingent Liabilities
- 22
- Book Value per Share
- 54.50
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 24
- 192
- 49
- Trade Payables
- 96
- 92
- Total Liabilities
- 453
- 69
- Capital Work in Progress
- 11
- 3
- 102
- 125
- Cash & Bank
- 44
- 101
- Total Assets
- 453
- Total Debt
- 72
- Net Working Capital
- 137
- Contingent Liabilities
- 49
- Book Value per Share
- 88.32
- Face Value
- 10.00
- Total Debt
- 72
- Net Working Capital
- 137
- Contingent Liabilities
- 49
- Book Value per Share
- 88.32
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 3 | 4 | -8 | -14 | 51 | |
| Cash from Investing | -8 | 6 | -7 | -16 | -68 |
| Cash from Financing | 5 | -11 | 17 | 53 | 18 |
| 0 | -1 | 1 | 24 | 2 | |
| Free Cash Flow | 3 | 4 | -12 | -40 | 8 |
| OCF / Net Profit | 1.09 | 51.18 | -2.24 | -0.43 | 0.62 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 1.09 | 51.18 | -2.24 | -0.43 | 0.62 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
Mar 2021
- 3
- Cash from Investing
- -8
- Cash from Financing
- 5
- 0
- Free Cash Flow
- 3
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
Mar 2022
- 4
- Cash from Investing
- 6
- Cash from Financing
- -11
- -1
- Free Cash Flow
- 4
- OCF / Net Profit
- 51.18
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 51.18
- Cumulative 5-Year FCF
- 0
Mar 2023
- -8
- Cash from Investing
- -7
- Cash from Financing
- 17
- 1
- Free Cash Flow
- -12
- OCF / Net Profit
- -2.24
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.24
- Cumulative 5-Year FCF
- 0
Mar 2024
- -14
- Cash from Investing
- -16
- Cash from Financing
- 53
- 24
- Free Cash Flow
- -40
- OCF / Net Profit
- -0.43
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.43
- Cumulative 5-Year FCF
- 0
Mar 2025
- 51
- Cash from Investing
- -68
- Cash from Financing
- 18
- 2
- Free Cash Flow
- 8
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - |
| EPS (₹) | 4.66 | 0.12 | 6.21 | 12.90 | 33.86 |
| Book Value (₹) | 59.15 | 59.27 | 65.56 | 54.50 | 88.32 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 2.84 | 1.48 | 3.16 | 14.22 | 37.33 |
| PROFITABILITY | - | - | - | - | - |
| Operating Margin % | 6.89% | 4.29% | 6.71% | 9.11% | 15.96% |
| Net Margin % | 2.01% | 0.05% | 2.04% | 7.81% | 10.63% |
| ROE % | 7.89% | 0.20% | 9.95% | 36.57% | 47.41% |
| ROCE % | 11.50% | 6.70% | 15.33% | 34.28% | 51.94% |
| 3.01% | 0.08% | 3.67% | 18.52% | 24.36% | |
| EFFICIENCY | - | - | - | - | - |
| Debtor Days | 46 | 40 | 37 | 42 | 46 |
| Inventory Days | 58 | 67 | 75 | 35 | 32 |
| Payable Days | 72 | 61 | 50 | 28 | 36 |
| 32 | 46 | 62 | 49 | 43 | |
| FINANCIAL HEALTH | - | - | - | - | - |
| Debt to Equity (x) | 0.78x | 0.56x | 1.01x | 0.27x | 0.33x |
| Interest Coverage (x) | 1.72x | 1.03x | 2.04x | 6.99x | 16.23x |
| 1.44x | 1.40x | 1.25x | 1.87x | 1.62x | |
| GROWTH | - | - | - | - | - |
| Revenue Growth % | 0.00% | 10.39% | 19.64% | 121.37% | 92.67% |
| Operating Profit Growth % | 0.00% | -31.48% | 86.96% | 212.76% | 231.77% |
| Net Profit Growth % | 0.00% | -97.48% | 5174.65% | 748.08% | 162.38% |
| 0.00% | 0.00% | 0.00% | 107.84% | 162.38% | |
| VALUATION | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 25.75x | 16.74x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 6.10x | 6.42x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 21.01x | 11.12x |
Mar 2021
- EPS (₹)
- 4.66
- Book Value (₹)
- 59.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.84
- Operating Margin %
- 6.89%
- Net Margin %
- 2.01%
- ROE %
- 7.89%
- ROCE %
- 11.50%
- 3.01%
- Debtor Days
- 46
- Inventory Days
- 58
- Payable Days
- 72
- 32
- Debt to Equity (x)
- 0.78x
- Interest Coverage (x)
- 1.72x
- 1.44x
- 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 (₹)
- 0.12
- Book Value (₹)
- 59.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.48
- Operating Margin %
- 4.29%
- Net Margin %
- 0.05%
- ROE %
- 0.20%
- ROCE %
- 6.70%
- 0.08%
- Debtor Days
- 40
- Inventory Days
- 67
- Payable Days
- 61
- 46
- Debt to Equity (x)
- 0.56x
- Interest Coverage (x)
- 1.03x
- 1.40x
- Revenue Growth %
- 10.39%
- Operating Profit Growth %
- -31.48%
- Net Profit Growth %
- -97.48%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 6.21
- Book Value (₹)
- 65.56
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.16
- Operating Margin %
- 6.71%
- Net Margin %
- 2.04%
- ROE %
- 9.95%
- ROCE %
- 15.33%
- 3.67%
- Debtor Days
- 37
- Inventory Days
- 75
- Payable Days
- 50
- 62
- Debt to Equity (x)
- 1.01x
- Interest Coverage (x)
- 2.04x
- 1.25x
- Revenue Growth %
- 19.64%
- Operating Profit Growth %
- 86.96%
- Net Profit Growth %
- 5174.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 12.90
- Book Value (₹)
- 54.50
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.22
- Operating Margin %
- 9.11%
- Net Margin %
- 7.81%
- ROE %
- 36.57%
- ROCE %
- 34.28%
- 18.52%
- Debtor Days
- 42
- Inventory Days
- 35
- Payable Days
- 28
- 49
- Debt to Equity (x)
- 0.27x
- Interest Coverage (x)
- 6.99x
- 1.87x
- Revenue Growth %
- 121.37%
- Operating Profit Growth %
- 212.76%
- Net Profit Growth %
- 748.08%
- 107.84%
- P/E (x)
- 25.75x
- P/B (x)
- 6.10x
- Dividend Yield %
- 0.00%
- 21.01x
Mar 2025
- EPS (₹)
- 33.86
- Book Value (₹)
- 88.32
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 37.33
- Operating Margin %
- 15.96%
- Net Margin %
- 10.63%
- ROE %
- 47.41%
- ROCE %
- 51.94%
- 24.36%
- Debtor Days
- 46
- Inventory Days
- 32
- Payable Days
- 36
- 43
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 16.23x
- 1.62x
- Revenue Growth %
- 92.67%
- Operating Profit Growth %
- 231.77%
- Net Profit Growth %
- 162.38%
- 162.38%
- P/E (x)
- 16.74x
- P/B (x)
- 6.42x
- Dividend Yield %
- 0.00%
- 11.12x
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Concalls
May 2026
Feb 2026
Nov 2025