ASK Automotive Ltd.

•

₹ 621.15-3.53%

2026-08-21

askbrake.comBSE: 544022NSE: ASKAUTOLTD

Market Cap₹ 12,709 Cr.

Current Price₹ 644

High / Low₹ 688 / 375

Stock P/E0.0

Book Value₹ 67

Price to Book6.96

Dividend Yield0.29 %

ROCE26.2 %

ROE19.8 %

Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2018 • Auto Components: 100.0%

PROS

Company has a healthy return on capital (ROCE) of 27.9%
Company has a good return on equity (ROE) track record: 3 Years ROE 21.5%
Company has delivered good sales growth of 16.4% CAGR over last 5 years
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.26x)
Company comfortably covers its interest (23.3x coverage)
Institutional investors have been accumulating - FII+DII up 5.2pp

CONS

Promoter holding has decreased over last 2 years: -10.0pp
Receivables are growing faster than sales - a possible quality concern
Total debt has risen sharply - up 515.9% year on year
Contingent liabilities are large at 74.3% of net worth
Stock is trading at 7.0x its book value

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Automobile and Auto ComponentsAutomobile & AncillariesAuto Ancillary

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

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.	MOTHERSON	170.35	41.05	179794.93	0.35	1075.66	77.48	35243.77	17.70	13.63	8.86
2.	BOSCHLTD	48360.00	60.36	142643.14	0.56	706.10	-36.74	5841.90	22.00	25.60	14.08
3.	UNOMINDA	1275.00	61.24	73627.07	0.21	315.51	2.10	5556.85	23.79	20.74	11.14
4.	TIINDIA	2936.45	93.72	56841.54	0.12	293.96	-3.04	6215.33	20.20	27.33	8.81
5.	SONACOMS	823.00	73.78	51346.20	0.41	178.51	46.67	1301.20	52.38	14.75	22.55
6.	ENDURANCE	2987.10	43.32	42017.40	0.39	244.52	8.03	4314.89	30.01	18.33	12.42
7.	ZFCVINDIA	2617.15	59.66	29784.61	0.03	1044.78	753.75	10661.76	992.89	20.23	12.93
8.	CRAFTSMAN	10778.15	60.63	28189.64	0.10	150.55	116.31	2431.58	36.30	14.65	15.81
9.	MSUMI	39.27	0.00	26042.54	1.48	1453.20	915.51	34072.60	1273.43	43.72	7.58
10.	GABRIEL	1438.55	85.65	25495.42	0.35	1081.26	925.35	14256.83	1055.00	26.37	11.71
11.	SANSERA	3894.75	69.76	24304.63	0.10	87.36	38.71	1021.26	33.27	13.97	19.18
12.	ASKAUTOLTD	644.65	40.17	12708.80	0.29	85.12	28.83	1358.11	52.38	25.82	11.65

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	655	789	741	741	787	884	814	735	727	827	860	891	987
	592	714	666	671	704	796	734	664	646	749	771	805	916
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	3	8	5	8	7	8	11	9	10	12	12	14	12
Interest	4	4	4	3	3	3	3	3	2	4	4	4	6
Depreciation	14	14	14	14	14	14	15	15	15	15	15	15	15
	48	64	62	62	72	78	73	63	73	72	82	82	83
Tax %	26.60%	24.60%	25.15%	25.43%	25.56%	25.48%	25.56%	26.03%	25.61%	25.94%	26.09%	25.54%	26.14%
Net Profit	35	48	46	46	54	58	54	47	54	53	61	61	61
	2	2	2	2	3	3	3	2	3	3	3	3	0
Equity Capital	39	39	39	39	39	39	39	39	39	39	39	39	39
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	39	39	39	39	39	39	39	39	39	39	39	39	39
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%

Jun 2023

: 655
: 592
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 4
Depreciation: 14
: 48
Tax %: 26.60%
Net Profit: 35
: 2
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 789
: 714
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 4
Depreciation: 14
: 64
Tax %: 24.60%
Net Profit: 48
: 2
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 741
: 666
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 4
Depreciation: 14
: 62
Tax %: 25.15%
Net Profit: 46
: 2
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 741
: 671
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 3
Depreciation: 14
: 62
Tax %: 25.43%
Net Profit: 46
: 2
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 787
: 704
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 3
Depreciation: 14
: 72
Tax %: 25.56%
Net Profit: 54
: 3
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 884
: 796
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 3
Depreciation: 14
: 78
Tax %: 25.48%
Net Profit: 58
: 3
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 814
: 734
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 3
Depreciation: 15
: 73
Tax %: 25.56%
Net Profit: 54
: 3
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 735
: 664
Operating Profit: —
OPM %: —
Other Income: 9
Interest: 3
Depreciation: 15
: 63
Tax %: 26.03%
Net Profit: 47
: 2
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 727
: 646
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 2
Depreciation: 15
: 73
Tax %: 25.61%
Net Profit: 54
: 3
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 827
: 749
Operating Profit: —
OPM %: —
Other Income: 12
Interest: 4
Depreciation: 15
: 72
Tax %: 25.94%
Net Profit: 53
: 3
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 860
: 771
Operating Profit: —
OPM %: —
Other Income: 12
Interest: 4
Depreciation: 15
: 82
Tax %: 26.09%
Net Profit: 61
: 3
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 891
: 805
Operating Profit: —
OPM %: —
Other Income: 14
Interest: 4
Depreciation: 15
: 82
Tax %: 25.54%
Net Profit: 61
: 3
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 987
: 916
Operating Profit: —
OPM %: —
Other Income: 12
Interest: 6
Depreciation: 15
: 83
Tax %: 26.14%
Net Profit: 61
: 0
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 39
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,004	1,578	1,785	1,645	1,544	2,013	2,555	2,926	3,220	3,305	3,565
	885	1,392	1,568	1,439	1,361	1,844	2,322	2,649	2,902	2,973	3,240
Operating Profit	126	197	239	216	210	183	253	307	356	382	—
OPM %	13	12	13	13	14	9	10	10	11	12	—
Other Income	8	11	21	10	27	14	20	30	39	50	51
Interest	15	14	20	20	11	8	11	15	12	14	17
Depreciation	31	41	37	52	52	56	60	57	58	59	59
	80	150	181	144	147	119	183	235	286	309	320
Tax %	33	35	33	18	25	25	26	25	26	26	26
Net Profit	54	98	121	118	111	89	136	176	213	230	237
EPS	12	19	24	6	5	4	7	9	11	12	—
Dividend Payout %	0	0	0	2	7	0	0	11	14	16	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	3	5	7	6	5	4	7	9	11	12	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	3	5	7	6	5	4	7	9	11	12	—

Mar 2017

: 1,004
: 885
Operating Profit: 126
OPM %: 13
Other Income: 8
Interest: 15
Depreciation: 31
: 80
Tax %: 33
Net Profit: 54
EPS: 12
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2018

: 1,578
: 1,392
Operating Profit: 197
OPM %: 12
Other Income: 11
Interest: 14
Depreciation: 41
: 150
Tax %: 35
Net Profit: 98
EPS: 19
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2019

: 1,785
: 1,568
Operating Profit: 239
OPM %: 13
Other Income: 21
Interest: 20
Depreciation: 37
: 181
Tax %: 33
Net Profit: 121
EPS: 24
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7

Mar 2020

: 1,645
: 1,439
Operating Profit: 216
OPM %: 13
Other Income: 10
Interest: 20
Depreciation: 52
: 144
Tax %: 18
Net Profit: 118
EPS: 6
Dividend Payout %: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 6

Mar 2021

: 1,544
: 1,361
Operating Profit: 210
OPM %: 14
Other Income: 27
Interest: 11
Depreciation: 52
: 147
Tax %: 25
Net Profit: 111
EPS: 5
Dividend Payout %: 7
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2022

: 2,013
: 1,844
Operating Profit: 183
OPM %: 9
Other Income: 14
Interest: 8
Depreciation: 56
: 119
Tax %: 25
Net Profit: 89
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 2023

: 2,555
: 2,322
Operating Profit: 253
OPM %: 10
Other Income: 20
Interest: 11
Depreciation: 60
: 183
Tax %: 26
Net Profit: 136
EPS: 7
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7

Mar 2024

: 2,926
: 2,649
Operating Profit: 307
OPM %: 10
Other Income: 30
Interest: 15
Depreciation: 57
: 235
Tax %: 25
Net Profit: 176
EPS: 9
Dividend Payout %: 11
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 9
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 9

Mar 2025

: 3,220
: 2,902
Operating Profit: 356
OPM %: 11
Other Income: 39
Interest: 12
Depreciation: 58
: 286
Tax %: 26
Net Profit: 213
EPS: 11
Dividend Payout %: 14
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 11
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 11

Mar 2026

: 3,305
: 2,973
Operating Profit: 382
OPM %: 12
Other Income: 50
Interest: 14
Depreciation: 59
: 309
Tax %: 26
Net Profit: 230
EPS: 12
Dividend Payout %: 16
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12

TTM

: 3,565
: 3,240
Operating Profit: —
OPM %: —
Other Income: 51
Interest: 17
Depreciation: 59
: 320
Tax %: 26
Net Profit: 237
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:: 14%
5 Years:: 16%
3 Years:: 9%

COMPOUNDED PROFIT GROWTH

10 Years:: 17%
5 Years:: 16%
3 Years:: 19%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: 27%

RETURN ON EQUITY

10 Years:: 21%
5 Years:: 20%
3 Years:: 22%
Last Year:: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	0	9	9	10	41	40	39	39	39	39
	373	342	428	532	609	626	651	826	1,018	1,218
	113	80	112	63	11	57	100	1	0	62
Trade Payables	93	156	123	98	149	179	171	234	243	301
	119	187	305	317	250	323	241	278	256	296
Total Liabilities	699	773	977	1,019	1,061	1,225	1,203	1,379	1,556	1,916
ASSETS	-	-	-	-	-	-	-	-	-	-
	327	368	560	607	603	663	640	637	691	693
Capital Work in Progress	21	9	61	16	10	2	7	1	5	20
	33	31	31	39	31	32	44	44	55	59
	69	86	99	93	113	124	153	164	186	226
	0	0	0	0	0	0	0	196	193	238
Cash & Bank	2	5	2	4	19	1	1	13	16	2
	248	275	224	260	285	402	358	325	410	679
Total Assets	699	773	977	1,019	1,061	1,225	1,203	1,379	1,556	1,916
Total Debt	163	168	307	149	54	105	164	74	21	132
Net Working Capital	4	19	-7	-12	72	28	42	56	73	100
Contingent Liabilities	71	18	66	71	63	306	338	341	604	934
Book Value per Share	88230.30	78.81	98.21	106.60	31.95	33.14	35.04	43.91	53.63	63.79
Face Value	100.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Total Debt	163	168	307	149	54	105	164	74	21	132
Net Working Capital	4	19	-7	-12	72	28	42	56	73	100
Contingent Liabilities	71	18	66	71	63	306	338	341	604	934
Book Value per Share	88230.30	78.81	98.21	106.60	31.95	33.14	35.04	43.91	53.63	63.79
Face Value	100.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00

Mar 2017

Equity Capital: 0
: 373
: 113
Trade Payables: 93
: 119
Total Liabilities: 699
: 327
Capital Work in Progress: 21
: 33
: 69
: 0
Cash & Bank: 2
: 248
Total Assets: 699
Total Debt: 163
Net Working Capital: 4
Contingent Liabilities: 71
Book Value per Share: 88230.30
Face Value: 100.00
Total Debt: 163
Net Working Capital: 4
Contingent Liabilities: 71
Book Value per Share: 88230.30
Face Value: 100.00

Mar 2018

Equity Capital: 9
: 342
: 80
Trade Payables: 156
: 187
Total Liabilities: 773
: 368
Capital Work in Progress: 9
: 31
: 86
: 0
Cash & Bank: 5
: 275
Total Assets: 773
Total Debt: 168
Net Working Capital: 19
Contingent Liabilities: 18
Book Value per Share: 78.81
Face Value: 2.00
Total Debt: 168
Net Working Capital: 19
Contingent Liabilities: 18
Book Value per Share: 78.81
Face Value: 2.00

Mar 2019

Equity Capital: 9
: 428
: 112
Trade Payables: 123
: 305
Total Liabilities: 977
: 560
Capital Work in Progress: 61
: 31
: 99
: 0
Cash & Bank: 2
: 224
Total Assets: 977
Total Debt: 307
Net Working Capital: -7
Contingent Liabilities: 66
Book Value per Share: 98.21
Face Value: 2.00
Total Debt: 307
Net Working Capital: -7
Contingent Liabilities: 66
Book Value per Share: 98.21
Face Value: 2.00

Mar 2020

Equity Capital: 10
: 532
: 63
Trade Payables: 98
: 317
Total Liabilities: 1,019
: 607
Capital Work in Progress: 16
: 39
: 93
: 0
Cash & Bank: 4
: 260
Total Assets: 1,019
Total Debt: 149
Net Working Capital: -12
Contingent Liabilities: 71
Book Value per Share: 106.60
Face Value: 2.00
Total Debt: 149
Net Working Capital: -12
Contingent Liabilities: 71
Book Value per Share: 106.60
Face Value: 2.00

Mar 2021

Equity Capital: 41
: 609
: 11
Trade Payables: 149
: 250
Total Liabilities: 1,061
: 603
Capital Work in Progress: 10
: 31
: 113
: 0
Cash & Bank: 19
: 285
Total Assets: 1,061
Total Debt: 54
Net Working Capital: 72
Contingent Liabilities: 63
Book Value per Share: 31.95
Face Value: 2.00
Total Debt: 54
Net Working Capital: 72
Contingent Liabilities: 63
Book Value per Share: 31.95
Face Value: 2.00

Mar 2022

Equity Capital: 40
: 626
: 57
Trade Payables: 179
: 323
Total Liabilities: 1,225
: 663
Capital Work in Progress: 2
: 32
: 124
: 0
Cash & Bank: 1
: 402
Total Assets: 1,225
Total Debt: 105
Net Working Capital: 28
Contingent Liabilities: 306
Book Value per Share: 33.14
Face Value: 2.00
Total Debt: 105
Net Working Capital: 28
Contingent Liabilities: 306
Book Value per Share: 33.14
Face Value: 2.00

Mar 2023

Equity Capital: 39
: 651
: 100
Trade Payables: 171
: 241
Total Liabilities: 1,203
: 640
Capital Work in Progress: 7
: 44
: 153
: 0
Cash & Bank: 1
: 358
Total Assets: 1,203
Total Debt: 164
Net Working Capital: 42
Contingent Liabilities: 338
Book Value per Share: 35.04
Face Value: 2.00
Total Debt: 164
Net Working Capital: 42
Contingent Liabilities: 338
Book Value per Share: 35.04
Face Value: 2.00

Mar 2024

Equity Capital: 39
: 826
: 1
Trade Payables: 234
: 278
Total Liabilities: 1,379
: 637
Capital Work in Progress: 1
: 44
: 164
: 196
Cash & Bank: 13
: 325
Total Assets: 1,379
Total Debt: 74
Net Working Capital: 56
Contingent Liabilities: 341
Book Value per Share: 43.91
Face Value: 2.00
Total Debt: 74
Net Working Capital: 56
Contingent Liabilities: 341
Book Value per Share: 43.91
Face Value: 2.00

Mar 2025

Equity Capital: 39
: 1,018
: 0
Trade Payables: 243
: 256
Total Liabilities: 1,556
: 691
Capital Work in Progress: 5
: 55
: 186
: 193
Cash & Bank: 16
: 410
Total Assets: 1,556
Total Debt: 21
Net Working Capital: 73
Contingent Liabilities: 604
Book Value per Share: 53.63
Face Value: 2.00
Total Debt: 21
Net Working Capital: 73
Contingent Liabilities: 604
Book Value per Share: 53.63
Face Value: 2.00

Mar 2026

Equity Capital: 39
: 1,218
: 62
Trade Payables: 301
: 296
Total Liabilities: 1,916
: 693
Capital Work in Progress: 20
: 59
: 226
: 238
Cash & Bank: 2
: 679
Total Assets: 1,916
Total Debt: 132
Net Working Capital: 100
Contingent Liabilities: 934
Book Value per Share: 63.79
Face Value: 2.00
Total Debt: 132
Net Working Capital: 100
Contingent Liabilities: 934
Book Value per Share: 63.79
Face Value: 2.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	84	246	176	247	136	145	152	318	240	222
Cash from Investing	-68	-173	-297	-60	-6	-99	-83	-196	-145	-297
Cash from Financing	-15	-70	119	-186	-115	-63	-69	-111	-90	60
	0	3	-3	2	15	-18	0	11	4	-14
Free Cash Flow	84	177	-100	195	107	37	125	294	130	159
OCF / Net Profit	1.55	2.51	1.45	2.10	1.23	1.63	1.12	1.81	1.13	0.97
Cumulative 5-Year FCF	0	0	0	0	463	417	365	759	694	745
OCF / Net Profit	1.55	2.51	1.45	2.10	1.23	1.63	1.12	1.81	1.13	0.97
Cumulative 5-Year FCF	0	0	0	0	463	417	365	759	694	745

Mar 2017

: 84
Cash from Investing: -68
Cash from Financing: -15
: 0
Free Cash Flow: 84
OCF / Net Profit: 1.55
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.55
Cumulative 5-Year FCF: 0

Mar 2018

: 246
Cash from Investing: -173
Cash from Financing: -70
: 3
Free Cash Flow: 177
OCF / Net Profit: 2.51
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.51
Cumulative 5-Year FCF: 0

Mar 2019

: 176
Cash from Investing: -297
Cash from Financing: 119
: -3
Free Cash Flow: -100
OCF / Net Profit: 1.45
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.45
Cumulative 5-Year FCF: 0

Mar 2020

: 247
Cash from Investing: -60
Cash from Financing: -186
: 2
Free Cash Flow: 195
OCF / Net Profit: 2.10
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.10
Cumulative 5-Year FCF: 0

Mar 2021

: 136
Cash from Investing: -6
Cash from Financing: -115
: 15
Free Cash Flow: 107
OCF / Net Profit: 1.23
Cumulative 5-Year FCF: 463
OCF / Net Profit: 1.23
Cumulative 5-Year FCF: 463

Mar 2022

: 145
Cash from Investing: -99
Cash from Financing: -63
: -18
Free Cash Flow: 37
OCF / Net Profit: 1.63
Cumulative 5-Year FCF: 417
OCF / Net Profit: 1.63
Cumulative 5-Year FCF: 417

Mar 2023

: 152
Cash from Investing: -83
Cash from Financing: -69
: 0
Free Cash Flow: 125
OCF / Net Profit: 1.12
Cumulative 5-Year FCF: 365
OCF / Net Profit: 1.12
Cumulative 5-Year FCF: 365

Mar 2024

: 318
Cash from Investing: -196
Cash from Financing: -111
: 11
Free Cash Flow: 294
OCF / Net Profit: 1.81
Cumulative 5-Year FCF: 759
OCF / Net Profit: 1.81
Cumulative 5-Year FCF: 759

Mar 2025

: 240
Cash from Investing: -145
Cash from Financing: -90
: 4
Free Cash Flow: 130
OCF / Net Profit: 1.13
Cumulative 5-Year FCF: 694
OCF / Net Profit: 1.13
Cumulative 5-Year FCF: 694

Mar 2026

: 222
Cash from Investing: -297
Cash from Financing: 60
: -14
Free Cash Flow: 159
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 745
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 745

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	12699.17	22.00	27.27	23.16	5.44	4.42	6.90	8.91	10.79	11.65
Book Value (₹)	88230.30	78.81	98.21	106.60	31.95	33.14	35.04	43.91	53.63	63.79
Dividend per Share (₹)	0.00	0.00	0.00	0.40	0.40	0.00	0.00	1.00	1.50	1.85
Cash EPS (₹)	0.00	7.80	8.91	8.34	7.99	7.20	9.93	11.80	13.74	14.63
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	11.19%	12.11%	13.26%	12.86%	13.27%	8.96%	9.81%	9.33%	9.70%	9.88%
Net Margin %	4.76%	6.01%	6.74%	7.02%	6.99%	4.35%	5.26%	5.91%	6.50%	6.83%
ROE %	15.59%	27.02%	30.81%	24.07%	18.56%	13.49%	20.05%	22.57%	22.12%	19.84%
ROCE %	19.45%	31.09%	31.90%	22.85%	22.68%	17.24%	23.84%	27.87%	29.51%	26.19%
	8.19%	13.29%	13.85%	11.80%	10.63%	7.76%	11.20%	13.60%	14.49%	13.22%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	41	42	39	26	24	30	29	25	22	23
Inventory Days	20	17	19	21	24	21	20	20	20	22
Payable Days	45	46	44	39	45	43	36	37	39	43
	16	13	14	8	2	8	13	8	3	3
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.44x	0.48x	0.70x	0.28x	0.08x	0.16x	0.24x	0.09x	0.02x	0.10x
Interest Coverage (x)	6.22x	11.97x	9.99x	8.19x	14.58x	15.79x	17.84x	16.96x	25.18x	23.34x
	1.02x	1.06x	0.98x	0.94x	1.31x	1.08x	1.11x	1.14x	1.18x	1.19x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	14.19%	57.22%	13.15%	-7.88%	-6.12%	30.38%	26.94%	14.52%	10.02%	2.65%
Operating Profit Growth %	14.40%	55.87%	20.98%	-9.55%	-2.62%	-12.93%	38.53%	21.17%	15.97%	7.31%
Net Profit Growth %	9.92%	81.90%	23.97%	-2.86%	-6.10%	-19.78%	53.26%	29.13%	21.10%	7.96%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	29.13%	21.10%	7.96%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	32.00x	41.24x	38.13x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	6.49x	8.29x	6.96x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.35%	0.34%	0.42%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	18.50x	24.64x	23.25x

Mar 2017

EPS (₹): 12699.17
Book Value (₹): 88230.30
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.00
Operating Margin %: 11.19%
Net Margin %: 4.76%
ROE %: 15.59%
ROCE %: 19.45%
: 8.19%
Debtor Days: 41
Inventory Days: 20
Payable Days: 45
: 16
Debt to Equity (x): 0.44x
Interest Coverage (x): 6.22x
: 1.02x
Revenue Growth %: 14.19%
Operating Profit Growth %: 14.40%
Net Profit Growth %: 9.92%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 22.00
Book Value (₹): 78.81
Dividend per Share (₹): 0.00
Cash EPS (₹): 7.80
Operating Margin %: 12.11%
Net Margin %: 6.01%
ROE %: 27.02%
ROCE %: 31.09%
: 13.29%
Debtor Days: 42
Inventory Days: 17
Payable Days: 46
: 13
Debt to Equity (x): 0.48x
Interest Coverage (x): 11.97x
: 1.06x
Revenue Growth %: 57.22%
Operating Profit Growth %: 55.87%
Net Profit Growth %: 81.90%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 27.27
Book Value (₹): 98.21
Dividend per Share (₹): 0.00
Cash EPS (₹): 8.91
Operating Margin %: 13.26%
Net Margin %: 6.74%
ROE %: 30.81%
ROCE %: 31.90%
: 13.85%
Debtor Days: 39
Inventory Days: 19
Payable Days: 44
: 14
Debt to Equity (x): 0.70x
Interest Coverage (x): 9.99x
: 0.98x
Revenue Growth %: 13.15%
Operating Profit Growth %: 20.98%
Net Profit Growth %: 23.97%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 23.16
Book Value (₹): 106.60
Dividend per Share (₹): 0.40
Cash EPS (₹): 8.34
Operating Margin %: 12.86%
Net Margin %: 7.02%
ROE %: 24.07%
ROCE %: 22.85%
: 11.80%
Debtor Days: 26
Inventory Days: 21
Payable Days: 39
: 8
Debt to Equity (x): 0.28x
Interest Coverage (x): 8.19x
: 0.94x
Revenue Growth %: -7.88%
Operating Profit Growth %: -9.55%
Net Profit Growth %: -2.86%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 5.44
Book Value (₹): 31.95
Dividend per Share (₹): 0.40
Cash EPS (₹): 7.99
Operating Margin %: 13.27%
Net Margin %: 6.99%
ROE %: 18.56%
ROCE %: 22.68%
: 10.63%
Debtor Days: 24
Inventory Days: 24
Payable Days: 45
: 2
Debt to Equity (x): 0.08x
Interest Coverage (x): 14.58x
: 1.31x
Revenue Growth %: -6.12%
Operating Profit Growth %: -2.62%
Net Profit Growth %: -6.10%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 4.42
Book Value (₹): 33.14
Dividend per Share (₹): 0.00
Cash EPS (₹): 7.20
Operating Margin %: 8.96%
Net Margin %: 4.35%
ROE %: 13.49%
ROCE %: 17.24%
: 7.76%
Debtor Days: 30
Inventory Days: 21
Payable Days: 43
: 8
Debt to Equity (x): 0.16x
Interest Coverage (x): 15.79x
: 1.08x
Revenue Growth %: 30.38%
Operating Profit Growth %: -12.93%
Net Profit Growth %: -19.78%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 6.90
Book Value (₹): 35.04
Dividend per Share (₹): 0.00
Cash EPS (₹): 9.93
Operating Margin %: 9.81%
Net Margin %: 5.26%
ROE %: 20.05%
ROCE %: 23.84%
: 11.20%
Debtor Days: 29
Inventory Days: 20
Payable Days: 36
: 13
Debt to Equity (x): 0.24x
Interest Coverage (x): 17.84x
: 1.11x
Revenue Growth %: 26.94%
Operating Profit Growth %: 38.53%
Net Profit Growth %: 53.26%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 8.91
Book Value (₹): 43.91
Dividend per Share (₹): 1.00
Cash EPS (₹): 11.80
Operating Margin %: 9.33%
Net Margin %: 5.91%
ROE %: 22.57%
ROCE %: 27.87%
: 13.60%
Debtor Days: 25
Inventory Days: 20
Payable Days: 37
: 8
Debt to Equity (x): 0.09x
Interest Coverage (x): 16.96x
: 1.14x
Revenue Growth %: 14.52%
Operating Profit Growth %: 21.17%
Net Profit Growth %: 29.13%
: 29.13%
P/E (x): 32.00x
P/B (x): 6.49x
Dividend Yield %: 0.35%
: 18.50x

Mar 2025

EPS (₹): 10.79
Book Value (₹): 53.63
Dividend per Share (₹): 1.50
Cash EPS (₹): 13.74
Operating Margin %: 9.70%
Net Margin %: 6.50%
ROE %: 22.12%
ROCE %: 29.51%
: 14.49%
Debtor Days: 22
Inventory Days: 20
Payable Days: 39
: 3
Debt to Equity (x): 0.02x
Interest Coverage (x): 25.18x
: 1.18x
Revenue Growth %: 10.02%
Operating Profit Growth %: 15.97%
Net Profit Growth %: 21.10%
: 21.10%
P/E (x): 41.24x
P/B (x): 8.29x
Dividend Yield %: 0.34%
: 24.64x

Mar 2026

EPS (₹): 11.65
Book Value (₹): 63.79
Dividend per Share (₹): 1.85
Cash EPS (₹): 14.63
Operating Margin %: 9.88%
Net Margin %: 6.83%
ROE %: 19.84%
ROCE %: 26.19%
: 13.22%
Debtor Days: 23
Inventory Days: 22
Payable Days: 43
: 3
Debt to Equity (x): 0.10x
Interest Coverage (x): 23.34x
: 1.19x
Revenue Growth %: 2.65%
Operating Profit Growth %: 7.31%
Net Profit Growth %: 7.96%
: 7.96%
P/E (x): 38.13x
P/B (x): 6.96x
Dividend Yield %: 0.42%
: 23.25x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	85.00	78.95	78.95	78.95	78.95	78.95	74.95	74.95	74.95
	4.91	9.16	9.91	9.94	10.24	10.34	9.72	9.29	9.50
	4.20	4.51	4.66	4.95	5.00	4.82	9.13	10.25	10.97
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	5.88	7.38	6.48	6.17	5.81	5.88	6.20	5.51	4.58

Jun 2024

: 85.00
: 4.91
: 4.20
Government: 0.00
: 5.88

Sep 2024

: 78.95
: 9.16
: 4.51
Government: 0.00
: 7.38

Dec 2024

: 78.95
: 9.91
: 4.66
Government: 0.00
: 6.48

Mar 2025

: 78.95
: 9.94
: 4.95
Government: 0.00
: 6.17

Jun 2025

: 78.95
: 10.24
: 5.00
Government: 0.00
: 5.81

Sep 2025

: 78.95
: 10.34
: 4.82
Government: 0.00
: 5.88

Dec 2025

: 74.95
: 9.72
: 9.13
Government: 0.00
: 6.20

Mar 2026

: 74.95
: 9.29
: 10.25
Government: 0.00
: 5.51

Jun 2026

: 74.95
: 9.50
: 10.97
Government: 0.00
: 4.58

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-10 - Please find enclosed Transcript of Investors/analysts Call Q1 FY 2026-27 Unaudited Financial Results
Shareholders meeting
2026-08-07 - Scrutinizer s Report and Voting Results of 38th Annual General Meeting August 7, 2026

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Aug 2026
Transcript PPTREC
May 2026
Transcript PPTREC
Feb 2026
Transcript PPTREC