Ambalal Sarabhai Enterprises Ltd.
•₹ 45.36-4.99%
2026-08-21
PROS
- Latest quarter profit grew 343.5% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Stock looks reasonably valued - P/E of 20.0 is below its historical median
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (82.0% of PBT)
- Company has a low return on capital employed of 8.0%
- Company has a low return on equity of 6.6% over last 3 years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.16x)
- Working capital days have increased from -3 to 46 days
- Company has delivered a poor profit growth of -9.5% over past five years
* 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. | SUNPHARMA | 1898.00 | 37.65 | 455393.78 | 0.84 | 2901.23 | 26.53 | 15299.88 | 10.98 | 19.11 | 28.81 |
| 2. | DIVISLAB | 8525.00 | 77.37 | 226311.96 | 0.35 | 902.00 | 65.50 | 3080.00 | 27.80 | 21.51 | 40.75 |
| 3. | TORNTPHARM | 5013.00 | 87.43 | 190678.41 | 0.76 | 566.00 | 3.28 | 4921.00 | 57.32 | 19.27 | 33.81 |
| 4. | CIPLA | 1416.00 | 33.94 | 114392.01 | 0.92 | 785.55 | -39.18 | 7119.28 | 4.13 | 16.00 | 16.73 |
| 5. | ZYDUSLIFE | 1105.00 | 24.42 | 110224.17 | 0.09 | 990.20 | -34.90 | 8017.00 | 23.97 | 21.39 | 24.54 |
| 6. | LUPIN | 2220.00 | 18.36 | 101506.15 | 0.81 | 1416.98 | 16.01 | 8276.89 | 34.28 | 28.86 | 29.59 |
| 7. | MANKIND | 2391.00 | 48.34 | 98747.34 | 0.04 | 574.09 | 29.12 | 4030.59 | 12.89 | 13.24 | 26.30 |
| 8. | DRREDDY | 1171.00 | 30.33 | 97740.54 | 0.68 | 435.60 | -69.10 | 8099.80 | -5.21 | 13.75 | 10.63 |
| 9. | LAURUSLABS | 1807.00 | 89.30 | 97634.42 | 0.11 | 362.07 | 123.94 | 2026.31 | 29.10 | 18.20 | 31.50 |
| 10. | AUROPHARMA | 1615.15 | 25.03 | 92932.16 | 0.25 | 1032.03 | 25.22 | 9150.35 | 17.44 | 12.76 | 20.54 |
| 11. | BIOCON | 414.30 | 136.32 | 67518.23 | 0.12 | 1368.00 | 1433.63 | 43360.00 | 999.98 | 3.26 | 19.54 |
| 12. | AMBALALSA | 46.51 | 20.02 | 356.42 | 0.00 | 6.50 | 343.48 | 65.49 | 1.05 | 11.52 | 8.70 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44 | 36 | 40 | 43 | 54 | 41 | 45 | 46 | 65 | 40 | 44 | 52 | 65 | |
| 41 | 39 | 39 | 41 | 49 | 40 | 42 | 47 | 59 | 39 | 44 | 48 | 60 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 4 | 1 | 3 | 1 | 5 | 2 | 2 | 6 | 2 | 8 | 2 | 3 | 3 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 6 | -4 | 2 | 2 | 9 | 1 | 2 | 3 | -2 | 8 | 0 | 4 | 6 | |
| Tax % | 24.83% | -7.44% | 38.92% | 39.55% | -7.79% | 41.32% | 22.79% | 25.18% | 91.75% | -3.65% | 433.33% | 17.22% | -4.28% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 3 | 26 | 2 | -3 | 8 | -1 | 4 | 7 |
| 1 | -1 | 0 | 0 | 1 | 0 | 0 | 0 | -0 | 1 | -0 | 0 | 1 | |
| Equity Capital | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| Reserves | 0 | 0 | 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% | 0.00% | 0.00% |
| Equity Capital | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| Reserves | 0 | 0 | 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% | 0.00% | 0.00% |
Mar 2023
- 44
- 41
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 1
- 6
- Tax %
- 24.83%
- Net Profit
- 0
- 1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2023
- 36
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- -4
- Tax %
- -7.44%
- Net Profit
- 0
- -1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 40
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 1
- 2
- Tax %
- 38.92%
- Net Profit
- 0
- 0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 43
- 41
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 2
- Tax %
- 39.55%
- Net Profit
- 0
- 0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 54
- 49
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 0
- 9
- Tax %
- -7.79%
- Net Profit
- 0
- 1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 41
- 40
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 1
- 1
- Tax %
- 41.32%
- Net Profit
- 3
- 0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 45
- 42
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 1
- 2
- Tax %
- 22.79%
- Net Profit
- 26
- 0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 46
- 47
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 1
- Depreciation
- 1
- 3
- Tax %
- 25.18%
- Net Profit
- 2
- 0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 65
- 59
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 1
- -2
- Tax %
- 91.75%
- Net Profit
- -3
- -0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 40
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 1
- Depreciation
- 1
- 8
- Tax %
- -3.65%
- Net Profit
- 8
- 1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 44
- 44
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 1
- 0
- Tax %
- 433.33%
- Net Profit
- -1
- -0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 52
- 48
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 1
- 4
- Tax %
- 17.22%
- Net Profit
- 4
- 0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 65
- 60
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 1
- 6
- Tax %
- -4.28%
- Net Profit
- 7
- 1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 134 | 125 | 152 | 133 | 164 | 197 | 170 | 174 | 196 | 202 | 202 | |
| 145 | 137 | 146 | 135 | 165 | 172 | 161 | 165 | 188 | 190 | 191 | |
| Operating Profit | -5 | 13 | 11 | 22 | 29 | 67 | 21 | 19 | 20 | 27 | — |
| OPM % | -4 | 11 | 7 | 17 | 18 | 34 | 13 | 11 | 10 | 13 | — |
| Other Income | 6 | 25 | 5 | 24 | 31 | 42 | 12 | 10 | 11 | 15 | 15 |
| Interest | 5 | 3 | 3 | 4 | 3 | 2 | 3 | 6 | 5 | 4 | 4 |
| Depreciation | 4 | 2 | 2 | 3 | 2 | 2 | 3 | 4 | 4 | 4 | 4 |
| -14 | 8 | 6 | 16 | 33 | 54 | 15 | 7 | 5 | 19 | 18 | |
| Tax % | -33 | 86 | 66 | 5 | 10 | 13 | 25 | 15 | -2 | 4 | 4 |
| Net Profit | -19 | 1 | 2 | 15 | 29 | 47 | 11 | 6 | 5 | 18 | 17 |
| EPS | 0 | 0 | 0 | 0 | 4 | 6 | 1 | 1 | 1 | 2 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 0 | 0 |
| Share of Associates | 0 | 0 | 2 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -2 | 0 | 1 | 2 | 4 | 6 | 1 | 1 | 1 | 2 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 0 | 0 |
| Share of Associates | 0 | 0 | 2 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -2 | 0 | 1 | 2 | 4 | 6 | 1 | 1 | 1 | 2 | — |
Mar 2017
- 134
- 145
- Operating Profit
- -5
- OPM %
- -4
- Other Income
- 6
- Interest
- 5
- Depreciation
- 4
- -14
- Tax %
- -33
- Net Profit
- -19
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2018
- 125
- 137
- Operating Profit
- 13
- OPM %
- 11
- Other Income
- 25
- Interest
- 3
- Depreciation
- 2
- 8
- Tax %
- 86
- Net Profit
- 1
- 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 2019
- 152
- 146
- Operating Profit
- 11
- OPM %
- 7
- Other Income
- 5
- Interest
- 3
- Depreciation
- 2
- 6
- Tax %
- 66
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 2
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 2
- Adjusted EPS
- 1
Mar 2020
- 133
- 135
- Operating Profit
- 22
- OPM %
- 17
- Other Income
- 24
- Interest
- 4
- Depreciation
- 3
- 16
- Tax %
- 5
- Net Profit
- 15
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -1
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- -1
- Adjusted EPS
- 2
Mar 2021
- 164
- 165
- Operating Profit
- 29
- OPM %
- 18
- Other Income
- 31
- Interest
- 3
- Depreciation
- 2
- 33
- Tax %
- 10
- Net Profit
- 29
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 197
- 172
- Operating Profit
- 67
- OPM %
- 34
- Other Income
- 42
- Interest
- 2
- Depreciation
- 2
- 54
- Tax %
- 13
- Net Profit
- 47
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 170
- 161
- Operating Profit
- 21
- OPM %
- 13
- Other Income
- 12
- Interest
- 3
- Depreciation
- 3
- 15
- Tax %
- 25
- Net Profit
- 11
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 174
- 165
- Operating Profit
- 19
- OPM %
- 11
- Other Income
- 10
- Interest
- 6
- Depreciation
- 4
- 7
- Tax %
- 15
- Net Profit
- 6
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2025
- 196
- 188
- Operating Profit
- 20
- OPM %
- 10
- Other Income
- 11
- Interest
- 5
- Depreciation
- 4
- 5
- Tax %
- -2
- Net Profit
- 5
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2026
- 202
- 190
- Operating Profit
- 27
- OPM %
- 13
- Other Income
- 15
- Interest
- 4
- Depreciation
- 4
- 19
- Tax %
- 4
- Net Profit
- 18
- 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
TTM
- 202
- 191
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 4
- Depreciation
- 4
- 18
- Tax %
- 4
- Net Profit
- 17
- 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:
- 4%
- 5 Years:
- 4%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -9%
- 5 Years:
- -10%
- 3 Years:
- 16%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 16%
- 3 Years:
- 7%
- Last Year:
- 12%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| -51 | -50 | -46 | -32 | -3 | 43 | 54 | 60 | 63 | 82 | |
| 37 | 32 | 31 | 27 | 22 | 23 | 33 | 34 | 38 | 30 | |
| Trade Payables | 29 | 40 | 47 | 40 | 50 | 47 | 37 | 37 | 50 | 41 |
| 64 | 95 | 102 | 72 | 61 | 40 | 45 | 43 | 40 | 48 | |
| Total Liabilities | 155 | 193 | 211 | 183 | 208 | 230 | 246 | 250 | 268 | 277 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 72 | 59 | 58 | 57 | 57 | 58 | 85 | 88 | 87 | 89 | |
| Capital Work in Progress | 3 | 14 | 24 | 0 | 1 | 12 | 4 | 0 | 0 | 2 |
| 5 | 5 | 9 | 18 | 27 | 33 | 32 | 29 | 32 | 32 | |
| 14 | 14 | 15 | 16 | 16 | 15 | 17 | 16 | 24 | 22 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 44 | 48 | |
| Cash & Bank | 17 | 22 | 23 | 22 | 31 | 28 | 28 | 33 | 12 | 19 |
| 44 | 79 | 82 | 69 | 76 | 84 | 80 | 58 | 70 | 65 | |
| Total Assets | 155 | 193 | 211 | 183 | 208 | 230 | 246 | 250 | 268 | 277 |
| Total Debt | 42 | 43 | 40 | 31 | 28 | 26 | 43 | 45 | 49 | 52 |
| Net Working Capital | -51 | -42 | -55 | -29 | -8 | 15 | 8 | 16 | -2 | 26 |
| Contingent Liabilities | 90 | 68 | 70 | 51 | 44 | 35 | 32 | 29 | 35 | 39 |
| Book Value per Share | 3.28 | 3.46 | 4.00 | 5.84 | 9.64 | 15.64 | 17.08 | 17.80 | 18.27 | 20.66 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 42 | 43 | 40 | 31 | 28 | 26 | 43 | 45 | 49 | 52 |
| Net Working Capital | -51 | -42 | -55 | -29 | -8 | 15 | 8 | 16 | -2 | 26 |
| Contingent Liabilities | 90 | 68 | 70 | 51 | 44 | 35 | 32 | 29 | 35 | 39 |
| Book Value per Share | 3.28 | 3.46 | 4.00 | 5.84 | 9.64 | 15.64 | 17.08 | 17.80 | 18.27 | 20.66 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 77
- -51
- 37
- Trade Payables
- 29
- 64
- Total Liabilities
- 155
- 72
- Capital Work in Progress
- 3
- 5
- 14
- 0
- Cash & Bank
- 17
- 44
- Total Assets
- 155
- Total Debt
- 42
- Net Working Capital
- -51
- Contingent Liabilities
- 90
- Book Value per Share
- 3.28
- Face Value
- 10.00
- Total Debt
- 42
- Net Working Capital
- -51
- Contingent Liabilities
- 90
- Book Value per Share
- 3.28
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 77
- -50
- 32
- Trade Payables
- 40
- 95
- Total Liabilities
- 193
- 59
- Capital Work in Progress
- 14
- 5
- 14
- 0
- Cash & Bank
- 22
- 79
- Total Assets
- 193
- Total Debt
- 43
- Net Working Capital
- -42
- Contingent Liabilities
- 68
- Book Value per Share
- 3.46
- Face Value
- 10.00
- Total Debt
- 43
- Net Working Capital
- -42
- Contingent Liabilities
- 68
- Book Value per Share
- 3.46
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 77
- -46
- 31
- Trade Payables
- 47
- 102
- Total Liabilities
- 211
- 58
- Capital Work in Progress
- 24
- 9
- 15
- 0
- Cash & Bank
- 23
- 82
- Total Assets
- 211
- Total Debt
- 40
- Net Working Capital
- -55
- Contingent Liabilities
- 70
- Book Value per Share
- 4.00
- Face Value
- 10.00
- Total Debt
- 40
- Net Working Capital
- -55
- Contingent Liabilities
- 70
- Book Value per Share
- 4.00
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 77
- -32
- 27
- Trade Payables
- 40
- 72
- Total Liabilities
- 183
- 57
- Capital Work in Progress
- 0
- 18
- 16
- 0
- Cash & Bank
- 22
- 69
- Total Assets
- 183
- Total Debt
- 31
- Net Working Capital
- -29
- Contingent Liabilities
- 51
- Book Value per Share
- 5.84
- Face Value
- 10.00
- Total Debt
- 31
- Net Working Capital
- -29
- Contingent Liabilities
- 51
- Book Value per Share
- 5.84
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 77
- -3
- 22
- Trade Payables
- 50
- 61
- Total Liabilities
- 208
- 57
- Capital Work in Progress
- 1
- 27
- 16
- 0
- Cash & Bank
- 31
- 76
- Total Assets
- 208
- Total Debt
- 28
- Net Working Capital
- -8
- Contingent Liabilities
- 44
- Book Value per Share
- 9.64
- Face Value
- 10.00
- Total Debt
- 28
- Net Working Capital
- -8
- Contingent Liabilities
- 44
- Book Value per Share
- 9.64
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 77
- 43
- 23
- Trade Payables
- 47
- 40
- Total Liabilities
- 230
- 58
- Capital Work in Progress
- 12
- 33
- 15
- 0
- Cash & Bank
- 28
- 84
- Total Assets
- 230
- Total Debt
- 26
- Net Working Capital
- 15
- Contingent Liabilities
- 35
- Book Value per Share
- 15.64
- Face Value
- 10.00
- Total Debt
- 26
- Net Working Capital
- 15
- Contingent Liabilities
- 35
- Book Value per Share
- 15.64
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 77
- 54
- 33
- Trade Payables
- 37
- 45
- Total Liabilities
- 246
- 85
- Capital Work in Progress
- 4
- 32
- 17
- 0
- Cash & Bank
- 28
- 80
- Total Assets
- 246
- Total Debt
- 43
- Net Working Capital
- 8
- Contingent Liabilities
- 32
- Book Value per Share
- 17.08
- Face Value
- 10.00
- Total Debt
- 43
- Net Working Capital
- 8
- Contingent Liabilities
- 32
- Book Value per Share
- 17.08
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 77
- 60
- 34
- Trade Payables
- 37
- 43
- Total Liabilities
- 250
- 88
- Capital Work in Progress
- 0
- 29
- 16
- 26
- Cash & Bank
- 33
- 58
- Total Assets
- 250
- Total Debt
- 45
- Net Working Capital
- 16
- Contingent Liabilities
- 29
- Book Value per Share
- 17.80
- Face Value
- 10.00
- Total Debt
- 45
- Net Working Capital
- 16
- Contingent Liabilities
- 29
- Book Value per Share
- 17.80
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 77
- 63
- 38
- Trade Payables
- 50
- 40
- Total Liabilities
- 268
- 87
- Capital Work in Progress
- 0
- 32
- 24
- 44
- Cash & Bank
- 12
- 70
- Total Assets
- 268
- Total Debt
- 49
- Net Working Capital
- -2
- Contingent Liabilities
- 35
- Book Value per Share
- 18.27
- Face Value
- 10.00
- Total Debt
- 49
- Net Working Capital
- -2
- Contingent Liabilities
- 35
- Book Value per Share
- 18.27
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 77
- 82
- 30
- Trade Payables
- 41
- 48
- Total Liabilities
- 277
- 89
- Capital Work in Progress
- 2
- 32
- 22
- 48
- Cash & Bank
- 19
- 65
- Total Assets
- 277
- Total Debt
- 52
- Net Working Capital
- 26
- Contingent Liabilities
- 39
- Book Value per Share
- 20.66
- Face Value
- 10.00
- Total Debt
- 52
- Net Working Capital
- 26
- Contingent Liabilities
- 39
- Book Value per Share
- 20.66
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 5 | -7 | 19 | -7 | -2 | 11 | 6 | 9 | -18 | 13 | |
| Cash from Investing | -3 | 18 | -9 | 17 | 10 | 5 | -17 | -5 | 13 | -10 |
| Cash from Financing | -6 | -2 | -6 | -14 | -6 | -19 | 9 | -3 | -2 | -2 |
| -4 | 8 | 3 | -4 | 2 | -3 | -2 | 1 | -6 | 1 | |
| Free Cash Flow | 5 | -7 | 8 | -7 | -3 | -2 | -17 | 7 | -20 | 6 |
| OCF / Net Profit | -0.29 | -6.82 | 9.39 | -0.45 | -0.08 | 0.24 | 0.50 | 1.56 | -3.57 | 0.75 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -4 | -11 | -21 | -22 | -35 | -26 |
| OCF / Net Profit | -0.29 | -6.82 | 9.39 | -0.45 | -0.08 | 0.24 | 0.50 | 1.56 | -3.57 | 0.75 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -4 | -11 | -21 | -22 | -35 | -26 |
Mar 2017
- 5
- Cash from Investing
- -3
- Cash from Financing
- -6
- -4
- Free Cash Flow
- 5
- OCF / Net Profit
- -0.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.29
- Cumulative 5-Year FCF
- 0
Mar 2018
- -7
- Cash from Investing
- 18
- Cash from Financing
- -2
- 8
- Free Cash Flow
- -7
- OCF / Net Profit
- -6.82
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.82
- Cumulative 5-Year FCF
- 0
Mar 2019
- 19
- Cash from Investing
- -9
- Cash from Financing
- -6
- 3
- Free Cash Flow
- 8
- OCF / Net Profit
- 9.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.39
- Cumulative 5-Year FCF
- 0
Mar 2020
- -7
- Cash from Investing
- 17
- Cash from Financing
- -14
- -4
- Free Cash Flow
- -7
- OCF / Net Profit
- -0.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.45
- Cumulative 5-Year FCF
- 0
Mar 2021
- -2
- Cash from Investing
- 10
- Cash from Financing
- -6
- 2
- Free Cash Flow
- -3
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- -4
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- -4
Mar 2022
- 11
- Cash from Investing
- 5
- Cash from Financing
- -19
- -3
- Free Cash Flow
- -2
- OCF / Net Profit
- 0.24
- Cumulative 5-Year FCF
- -11
- OCF / Net Profit
- 0.24
- Cumulative 5-Year FCF
- -11
Mar 2023
- 6
- Cash from Investing
- -17
- Cash from Financing
- 9
- -2
- Free Cash Flow
- -17
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- -21
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- -21
Mar 2024
- 9
- Cash from Investing
- -5
- Cash from Financing
- -3
- 1
- Free Cash Flow
- 7
- OCF / Net Profit
- 1.56
- Cumulative 5-Year FCF
- -22
- OCF / Net Profit
- 1.56
- Cumulative 5-Year FCF
- -22
Mar 2025
- -18
- Cash from Investing
- 13
- Cash from Financing
- -2
- -6
- Free Cash Flow
- -20
- OCF / Net Profit
- -3.57
- Cumulative 5-Year FCF
- -35
- OCF / Net Profit
- -3.57
- Cumulative 5-Year FCF
- -35
Mar 2026
- 13
- Cash from Investing
- -10
- Cash from Financing
- -2
- 1
- Free Cash Flow
- 6
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- -26
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- -26
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -2.38 | 0.17 | 0.55 | 1.83 | 3.83 | 6.16 | 1.49 | 0.74 | 0.64 | 2.32 |
| Book Value (₹) | 3.28 | 3.46 | 4.00 | 5.84 | 9.64 | 15.64 | 17.08 | 17.80 | 18.27 | 20.66 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -1.86 | 0.42 | 0.54 | 2.35 | 4.15 | 6.46 | 1.85 | 1.21 | 1.17 | 2.84 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -3.56% | 10.59% | 7.39% | 16.27% | 17.38% | 33.31% | 12.17% | 4.81% | 4.27% | 5.82% |
| Net Margin % | -13.57% | 0.86% | 1.30% | 11.17% | 17.57% | 23.39% | 6.53% | 3.16% | 2.44% | 8.54% |
| ROE % | -57.92% | 4.20% | 7.01% | 40.95% | 49.47% | 48.74% | 9.13% | 4.25% | 3.57% | 11.94% |
| ROCE % | -11.94% | 16.34% | 13.17% | 27.14% | 40.28% | 45.53% | 11.18% | 7.16% | 5.20% | 11.52% |
| -10.30% | 0.62% | 0.99% | 7.84% | 15.02% | 21.57% | 4.81% | 2.29% | 1.90% | 6.53% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 79 | 92 | 82 | 84 | 74 | 60 | 58 | 54 | 64 | 80 |
| Inventory Days | 38 | 41 | 35 | 41 | 35 | 28 | 34 | 34 | 36 | 40 |
| Payable Days | 133 | 179 | 177 | 200 | 165 | 155 | 149 | 133 | 137 | 139 |
| -16 | -47 | -60 | -74 | -56 | -67 | -58 | -44 | -38 | -19 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.67x | 1.63x | 1.31x | 0.70x | 0.37x | 0.21x | 0.33x | 0.33x | 0.35x | 0.33x |
| Interest Coverage (x) | -1.91x | 3.28x | 2.81x | 5.52x | 11.17x | 27.54x | 6.60x | 2.09x | 2.01x | 5.16x |
| 0.59x | 0.73x | 0.68x | 0.78x | 0.94x | 1.14x | 1.08x | 1.16x | 0.98x | 1.27x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 1.44% | -6.63% | 21.50% | -12.10% | 22.58% | 20.23% | -13.45% | 1.93% | 13.03% | 3.10% |
| Operating Profit Growth % | -105.90% | 373.88% | -14.63% | 98.01% | 29.13% | 131.58% | -68.28% | -10.80% | 5.07% | 36.56% |
| Net Profit Growth % | -138.45% | 105.86% | 84.65% | 670.90% | 90.17% | 60.86% | -75.76% | -50.38% | -13.19% | 261.00% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -50.38% | -13.19% | 261.03% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 61.35x | 54.47x | 10.45x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.55x | 1.92x | 1.17x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.96x | 15.29x | 7.99x |
Mar 2017
- EPS (₹)
- -2.38
- Book Value (₹)
- 3.28
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.86
- Operating Margin %
- -3.56%
- Net Margin %
- -13.57%
- ROE %
- -57.92%
- ROCE %
- -11.94%
- -10.30%
- Debtor Days
- 79
- Inventory Days
- 38
- Payable Days
- 133
- -16
- Debt to Equity (x)
- 1.67x
- Interest Coverage (x)
- -1.91x
- 0.59x
- Revenue Growth %
- 1.44%
- Operating Profit Growth %
- -105.90%
- Net Profit Growth %
- -138.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.17
- Book Value (₹)
- 3.46
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.42
- Operating Margin %
- 10.59%
- Net Margin %
- 0.86%
- ROE %
- 4.20%
- ROCE %
- 16.34%
- 0.62%
- Debtor Days
- 92
- Inventory Days
- 41
- Payable Days
- 179
- -47
- Debt to Equity (x)
- 1.63x
- Interest Coverage (x)
- 3.28x
- 0.73x
- Revenue Growth %
- -6.63%
- Operating Profit Growth %
- 373.88%
- Net Profit Growth %
- 105.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.55
- Book Value (₹)
- 4.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.54
- Operating Margin %
- 7.39%
- Net Margin %
- 1.30%
- ROE %
- 7.01%
- ROCE %
- 13.17%
- 0.99%
- Debtor Days
- 82
- Inventory Days
- 35
- Payable Days
- 177
- -60
- Debt to Equity (x)
- 1.31x
- Interest Coverage (x)
- 2.81x
- 0.68x
- Revenue Growth %
- 21.50%
- Operating Profit Growth %
- -14.63%
- Net Profit Growth %
- 84.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.83
- Book Value (₹)
- 5.84
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.35
- Operating Margin %
- 16.27%
- Net Margin %
- 11.17%
- ROE %
- 40.95%
- ROCE %
- 27.14%
- 7.84%
- Debtor Days
- 84
- Inventory Days
- 41
- Payable Days
- 200
- -74
- Debt to Equity (x)
- 0.70x
- Interest Coverage (x)
- 5.52x
- 0.78x
- Revenue Growth %
- -12.10%
- Operating Profit Growth %
- 98.01%
- Net Profit Growth %
- 670.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 3.83
- Book Value (₹)
- 9.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.15
- Operating Margin %
- 17.38%
- Net Margin %
- 17.57%
- ROE %
- 49.47%
- ROCE %
- 40.28%
- 15.02%
- Debtor Days
- 74
- Inventory Days
- 35
- Payable Days
- 165
- -56
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 11.17x
- 0.94x
- Revenue Growth %
- 22.58%
- Operating Profit Growth %
- 29.13%
- Net Profit Growth %
- 90.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 6.16
- Book Value (₹)
- 15.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.46
- Operating Margin %
- 33.31%
- Net Margin %
- 23.39%
- ROE %
- 48.74%
- ROCE %
- 45.53%
- 21.57%
- Debtor Days
- 60
- Inventory Days
- 28
- Payable Days
- 155
- -67
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 27.54x
- 1.14x
- Revenue Growth %
- 20.23%
- Operating Profit Growth %
- 131.58%
- Net Profit Growth %
- 60.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.49
- Book Value (₹)
- 17.08
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.85
- Operating Margin %
- 12.17%
- Net Margin %
- 6.53%
- ROE %
- 9.13%
- ROCE %
- 11.18%
- 4.81%
- Debtor Days
- 58
- Inventory Days
- 34
- Payable Days
- 149
- -58
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 6.60x
- 1.08x
- Revenue Growth %
- -13.45%
- Operating Profit Growth %
- -68.28%
- Net Profit Growth %
- -75.76%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.74
- Book Value (₹)
- 17.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.21
- Operating Margin %
- 4.81%
- Net Margin %
- 3.16%
- ROE %
- 4.25%
- ROCE %
- 7.16%
- 2.29%
- Debtor Days
- 54
- Inventory Days
- 34
- Payable Days
- 133
- -44
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 2.09x
- 1.16x
- Revenue Growth %
- 1.93%
- Operating Profit Growth %
- -10.80%
- Net Profit Growth %
- -50.38%
- -50.38%
- P/E (x)
- 61.35x
- P/B (x)
- 2.55x
- Dividend Yield %
- 0.00%
- 18.96x
Mar 2025
- EPS (₹)
- 0.64
- Book Value (₹)
- 18.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.17
- Operating Margin %
- 4.27%
- Net Margin %
- 2.44%
- ROE %
- 3.57%
- ROCE %
- 5.20%
- 1.90%
- Debtor Days
- 64
- Inventory Days
- 36
- Payable Days
- 137
- -38
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 2.01x
- 0.98x
- Revenue Growth %
- 13.03%
- Operating Profit Growth %
- 5.07%
- Net Profit Growth %
- -13.19%
- -13.19%
- P/E (x)
- 54.47x
- P/B (x)
- 1.92x
- Dividend Yield %
- 0.00%
- 15.29x
Mar 2026
- EPS (₹)
- 2.32
- Book Value (₹)
- 20.66
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.84
- Operating Margin %
- 5.82%
- Net Margin %
- 8.54%
- ROE %
- 11.94%
- ROCE %
- 11.52%
- 6.53%
- Debtor Days
- 80
- Inventory Days
- 40
- Payable Days
- 139
- -19
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 5.16x
- 1.27x
- Revenue Growth %
- 3.10%
- Operating Profit Growth %
- 36.56%
- Net Profit Growth %
- 261.00%
- 261.03%
- P/E (x)
- 10.45x
- P/B (x)
- 1.17x
- Dividend Yield %
- 0.00%
- 7.99x
Documents
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Credit Ratings
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