Bengal & Assam Company Ltd.
•₹ 6,2560.89%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Polymer & Textile: 71.0% • Others: 20.1% • Tyre: 3.3% • Cement: 3.1% • Paper: 2.5%
PROS
- Solid return on assets for a lender - ROA of 9.2%
- Asset quality is healthy - gross NPA of just 0.0%
- Company has consistently been profitable over the last 5 years
- Operating margins have improved to 16.1% from 10.1%
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
CONS
- Recent results are weak - TTM profit is down 25.3% versus prior year
- A large part of profit comes from other income (31.4% of PBT)
- Company's sales have been declining over the last five years
- Company has delivered a poor profit growth of -6.3% over past five years
- Recurring exceptional / one-off items are inflating headline profit
* 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. | BAJFINANCE | 1078.60 | 33.07 | 671531.43 | 0.56 | 6080.60 | 27.60 | 23165.45 | 20.37 | 10.87 | 70.70 |
| 2. | SHRIRAMFIN | 1104.90 | 22.97 | 259981.15 | 0.98 | 3452.77 | 59.90 | 13400.43 | 17.46 | 11.49 | 74.63 |
| 3. | JIOFIN | 242.70 | 77.55 | 160258.25 | 0.25 | 830.25 | 155.73 | 2004.47 | 227.28 | 2.11 | 69.71 |
| 4. | CHOLAFIN | 1866.25 | 27.72 | 159390.07 | 0.11 | 1656.22 | 45.56 | 8856.29 | 21.89 | 9.70 | 70.07 |
| 5. | TATACAP | 365.15 | 28.68 | 155001.39 | 0.16 | 16281.80 | 1464.16 | 88219.30 | 1051.00 | 8.66 | 75.72 |
| 6. | BAJAJHLDNG | 11322.85 | 14.23 | 126015.97 | 1.72 | 2708.08 | -92.27 | 394.33 | 23.34 | 14.81 | 684.72 |
| 7. | MUTHOOTFIN | 2859.20 | 10.09 | 114787.87 | 1.05 | 2824.84 | 43.08 | 8671.60 | 36.25 | 15.87 | 83.76 |
| 8. | ABCAPITAL | 396.75 | 26.46 | 108592.29 | 0.00 | 1223.85 | 43.85 | 12179.54 | 137.84 | 8.82 | 41.91 |
| 9. | LTF | 315.00 | 24.80 | 78940.44 | 0.87 | 915.99 | 30.70 | 5212.92 | 22.38 | 8.54 | 62.13 |
| 10. | SBICARD | 626.30 | 0.00 | 59601.37 | 0.40 | 664.44 | 19.51 | 5040.55 | 7.60 | 11.75 | 29.83 |
| 11. | HDBFS | 681.15 | 26.00 | 56579.31 | 0.59 | 785.20 | 38.31 | 4937.90 | 18.71 | 9.09 | 57.98 |
| 12. | BENGALASM | 6201.50 | 9.28 | 7072.13 | 0.81 | 196.54 | -92.39 | 632.96 | 16383.44 | 3.95 | 35.65 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,196 | 4,326 | 3,734 | 502 | 3 | 112 | 4 | 503 | 4 | 117 | 4 | 607 | 633 | |
| 3,710 | 3,697 | 3,224 | 413 | 445 | 432 | 421 | 428 | 472 | 451 | 494 | 576 | 563 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 13 | 17 | 18 | 29 | 17 | 24 | 27 | 31 | 27 | 39 | 33 | 20 | 25 |
| Interest | 129 | 119 | 106 | 10 | 10 | 10 | 11 | 13 | 12 | 13 | 11 | 14 | 12 |
| Depreciation | 120 | 122 | 114 | 17 | 17 | 17 | 17 | 17 | 16 | 16 | 16 | 17 | 16 |
| 299 | 452 | 3,246 | 111 | 73 | 154 | 80 | 93 | 99 | 201 | 33 | 44 | 222 | |
| Tax % | 33.42% | 32.18% | 11.35% | 25.18% | 28.30% | 20.15% | 29.03% | 28.04% | 27.82% | 19.66% | 22.34% | 41.62% | 11.61% |
| Net Profit | 0 | 0 | 0 | 0 | 2,564 | 128 | 1,401 | 2,305 | 2,584 | 226 | 1,557 | 2,037 | 197 |
| 264 | 284 | 2,622 | 275 | 218 | 112 | 117 | 196 | 217 | 192 | 135 | 178 | 16 | |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| 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 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| 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
- 4,196
- 3,710
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 129
- Depreciation
- 120
- 299
- Tax %
- 33.42%
- Net Profit
- 0
- 264
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 4,326
- 3,697
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 119
- Depreciation
- 122
- 452
- Tax %
- 32.18%
- Net Profit
- 0
- 284
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 3,734
- 3,224
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 106
- Depreciation
- 114
- 3,246
- Tax %
- 11.35%
- Net Profit
- 0
- 2,622
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 502
- 413
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 10
- Depreciation
- 17
- 111
- Tax %
- 25.18%
- Net Profit
- 0
- 275
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 3
- 445
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 10
- Depreciation
- 17
- 73
- Tax %
- 28.30%
- Net Profit
- 2,564
- 218
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 112
- 432
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 10
- Depreciation
- 17
- 154
- Tax %
- 20.15%
- Net Profit
- 128
- 112
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 4
- 421
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 11
- Depreciation
- 17
- 80
- Tax %
- 29.03%
- Net Profit
- 1,401
- 117
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 503
- 428
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 13
- Depreciation
- 17
- 93
- Tax %
- 28.04%
- Net Profit
- 2,305
- 196
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 4
- 472
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 12
- Depreciation
- 16
- 99
- Tax %
- 27.82%
- Net Profit
- 2,584
- 217
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 117
- 451
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 13
- Depreciation
- 16
- 201
- Tax %
- 19.66%
- Net Profit
- 226
- 192
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 4
- 494
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 11
- Depreciation
- 16
- 33
- Tax %
- 22.34%
- Net Profit
- 1,557
- 135
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 607
- 576
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 14
- Depreciation
- 17
- 44
- Tax %
- 41.62%
- Net Profit
- 2,037
- 178
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 633
- 563
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 12
- Depreciation
- 16
- 222
- Tax %
- 11.61%
- Net Profit
- 197
- 16
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,485 | 1,508 | 12,508 | 11,111 | 10,400 | 13,576 | 16,492 | 12,917 | 2,128 | 2,377 | 1,361 | |
| 1,261 | 1,354 | 11,154 | 9,843 | 8,930 | 12,278 | 14,903 | 11,044 | 1,727 | 1,993 | 2,084 | |
| Operating Profit | 263 | 191 | 1,440 | 1,303 | 1,528 | 1,353 | 1,672 | 1,951 | 500 | 502 | — |
| OPM % | 18 | 13 | 12 | 12 | 15 | 10 | 10 | 15 | 23 | 21 | — |
| Other Income | 39 | 37 | 86 | 35 | 57 | 56 | 84 | 78 | 99 | 118 | 116 |
| Interest | 52 | 42 | 574 | 609 | 505 | 450 | 488 | 366 | 44 | 50 | 50 |
| Depreciation | 40 | 42 | 367 | 423 | 428 | 428 | 456 | 373 | 68 | 65 | 65 |
| 171 | 108 | 409 | 161 | 629 | 479 | 667 | 4,109 | 400 | 377 | 500 | |
| Tax % | 24 | 29 | 34 | -85 | 38 | 35 | 32 | 16 | 25 | 25 | 18 |
| Net Profit | 130 | 77 | 269 | 298 | 392 | 314 | 453 | 3,467 | 299 | 284 | 409 |
| EPS | 0 | 0 | 0 | 0 | 450 | 556 | 830 | 3,446 | 648 | 722 | — |
| Dividend Payout % | 3 | 4 | 2 | 4 | 2 | 3 | 3 | 1 | 8 | 7 | — |
| Minority Interest | -13 | -6 | -97 | -67 | -170 | -103 | -133 | -301 | -23 | -20 | 10 |
| Share of Associates | 211 | 130 | 188 | 224 | 293 | 417 | 618 | 726 | 456 | 559 | 500 |
| Adjusted EPS | 377 | 231 | 449 | 403 | 450 | 556 | 830 | 3,446 | 648 | 722 | — |
| Minority Interest | -13 | -6 | -97 | -67 | -170 | -103 | -133 | -301 | -23 | -20 | 10 |
| Share of Associates | 211 | 130 | 188 | 224 | 293 | 417 | 618 | 726 | 456 | 559 | 500 |
| Adjusted EPS | 377 | 231 | 449 | 403 | 450 | 556 | 830 | 3,446 | 648 | 722 | — |
Mar 2017
- 1,485
- 1,261
- Operating Profit
- 263
- OPM %
- 18
- Other Income
- 39
- Interest
- 52
- Depreciation
- 40
- 171
- Tax %
- 24
- Net Profit
- 130
- EPS
- 0
- Dividend Payout %
- 3
- Minority Interest
- -13
- Share of Associates
- 211
- Adjusted EPS
- 377
- Minority Interest
- -13
- Share of Associates
- 211
- Adjusted EPS
- 377
Mar 2018
- 1,508
- 1,354
- Operating Profit
- 191
- OPM %
- 13
- Other Income
- 37
- Interest
- 42
- Depreciation
- 42
- 108
- Tax %
- 29
- Net Profit
- 77
- EPS
- 0
- Dividend Payout %
- 4
- Minority Interest
- -6
- Share of Associates
- 130
- Adjusted EPS
- 231
- Minority Interest
- -6
- Share of Associates
- 130
- Adjusted EPS
- 231
Mar 2019
- 12,508
- 11,154
- Operating Profit
- 1,440
- OPM %
- 12
- Other Income
- 86
- Interest
- 574
- Depreciation
- 367
- 409
- Tax %
- 34
- Net Profit
- 269
- EPS
- 0
- Dividend Payout %
- 2
- Minority Interest
- -97
- Share of Associates
- 188
- Adjusted EPS
- 449
- Minority Interest
- -97
- Share of Associates
- 188
- Adjusted EPS
- 449
Mar 2020
- 11,111
- 9,843
- Operating Profit
- 1,303
- OPM %
- 12
- Other Income
- 35
- Interest
- 609
- Depreciation
- 423
- 161
- Tax %
- -85
- Net Profit
- 298
- EPS
- 0
- Dividend Payout %
- 4
- Minority Interest
- -67
- Share of Associates
- 224
- Adjusted EPS
- 403
- Minority Interest
- -67
- Share of Associates
- 224
- Adjusted EPS
- 403
Mar 2021
- 10,400
- 8,930
- Operating Profit
- 1,528
- OPM %
- 15
- Other Income
- 57
- Interest
- 505
- Depreciation
- 428
- 629
- Tax %
- 38
- Net Profit
- 392
- EPS
- 450
- Dividend Payout %
- 2
- Minority Interest
- -170
- Share of Associates
- 293
- Adjusted EPS
- 450
- Minority Interest
- -170
- Share of Associates
- 293
- Adjusted EPS
- 450
Mar 2022
- 13,576
- 12,278
- Operating Profit
- 1,353
- OPM %
- 10
- Other Income
- 56
- Interest
- 450
- Depreciation
- 428
- 479
- Tax %
- 35
- Net Profit
- 314
- EPS
- 556
- Dividend Payout %
- 3
- Minority Interest
- -103
- Share of Associates
- 417
- Adjusted EPS
- 556
- Minority Interest
- -103
- Share of Associates
- 417
- Adjusted EPS
- 556
Mar 2023
- 16,492
- 14,903
- Operating Profit
- 1,672
- OPM %
- 10
- Other Income
- 84
- Interest
- 488
- Depreciation
- 456
- 667
- Tax %
- 32
- Net Profit
- 453
- EPS
- 830
- Dividend Payout %
- 3
- Minority Interest
- -133
- Share of Associates
- 618
- Adjusted EPS
- 830
- Minority Interest
- -133
- Share of Associates
- 618
- Adjusted EPS
- 830
Mar 2024
- 12,917
- 11,044
- Operating Profit
- 1,951
- OPM %
- 15
- Other Income
- 78
- Interest
- 366
- Depreciation
- 373
- 4,109
- Tax %
- 16
- Net Profit
- 3,467
- EPS
- 3,446
- Dividend Payout %
- 1
- Minority Interest
- -301
- Share of Associates
- 726
- Adjusted EPS
- 3,446
- Minority Interest
- -301
- Share of Associates
- 726
- Adjusted EPS
- 3,446
Mar 2025
- 2,128
- 1,727
- Operating Profit
- 500
- OPM %
- 23
- Other Income
- 99
- Interest
- 44
- Depreciation
- 68
- 400
- Tax %
- 25
- Net Profit
- 299
- EPS
- 648
- Dividend Payout %
- 8
- Minority Interest
- -23
- Share of Associates
- 456
- Adjusted EPS
- 648
- Minority Interest
- -23
- Share of Associates
- 456
- Adjusted EPS
- 648
Mar 2026
- 2,377
- 1,993
- Operating Profit
- 502
- OPM %
- 21
- Other Income
- 118
- Interest
- 50
- Depreciation
- 65
- 377
- Tax %
- 25
- Net Profit
- 284
- EPS
- 722
- Dividend Payout %
- 7
- Minority Interest
- -20
- Share of Associates
- 559
- Adjusted EPS
- 722
- Minority Interest
- -20
- Share of Associates
- 559
- Adjusted EPS
- 722
TTM
- 1,361
- 2,084
- Operating Profit
- —
- OPM %
- —
- Other Income
- 116
- Interest
- 50
- Depreciation
- 65
- 500
- Tax %
- 18
- Net Profit
- 409
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 10
- Share of Associates
- 500
- Adjusted EPS
- —
- Minority Interest
- 10
- Share of Associates
- 500
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 6%
- 5 Years:
- -26%
- 3 Years:
- -48%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 13%
- 5 Years:
- 10%
- 3 Years:
- -4%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 14%
- 3 Years:
- 18%
- Last Year:
- 3%
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 | 9 | 9 | 8 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| 1,813 | 2,005 | 2,991 | 3,363 | 3,904 | 4,533 | 5,502 | 9,052 | 9,750 | 10,676 | |
| 135 | 125 | 2,033 | 2,108 | 1,208 | 2,169 | 2,127 | 181 | 310 | 405 | |
| Trade Payables | 87 | 86 | 1,784 | 1,853 | 1,782 | 2,410 | 2,019 | 170 | 189 | 251 |
| 594 | 552 | 7,395 | 6,965 | 7,537 | 7,103 | 7,566 | 1,024 | 1,076 | 1,083 | |
| Total Liabilities | 2,637 | 2,777 | 14,211 | 14,300 | 14,443 | 16,226 | 17,226 | 10,437 | 11,336 | 12,426 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 366 | 391 | 6,701 | 6,810 | 6,647 | 6,812 | 6,903 | 438 | 457 | 466 | |
| Capital Work in Progress | 20 | 11 | 280 | 287 | 315 | 130 | 215 | 5 | 8 | 45 |
| 1,703 | 1,984 | 1,819 | 2,085 | 2,423 | 2,749 | 3,602 | 9,090 | 9,869 | 10,804 | |
| 73 | 80 | 1,963 | 1,915 | 2,105 | 2,850 | 2,642 | 378 | 364 | 381 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 332 | 373 | 450 | |
| Cash & Bank | 6 | 10 | 239 | 232 | 308 | 339 | 313 | 27 | 84 | 104 |
| 469 | 301 | 3,209 | 2,970 | 2,644 | 3,347 | 3,551 | 168 | 181 | 177 | |
| Total Assets | 2,637 | 2,777 | 14,211 | 14,300 | 14,443 | 16,226 | 17,226 | 10,437 | 11,336 | 12,426 |
| Total Debt | 422 | 348 | 6,474 | 6,093 | 5,110 | 5,527 | 5,185 | 422 | 556 | 642 |
| Net Working Capital | 99 | 0 | 805 | 265 | 1,093 | 1,010 | 1,140 | 830 | 974 | 1,045 |
| Contingent Liabilities | 10 | 10 | 88 | 154 | 193 | 216 | 491 | 42 | 93 | 82 |
| Book Value per Share | 2097.98 | 2318.53 | 3731.55 | 2986.91 | 3465.69 | 4023.21 | 4880.69 | 8023.09 | 8641.35 | 9371.54 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 422 | 348 | 6,474 | 6,093 | 5,110 | 5,527 | 5,185 | 422 | 556 | 642 |
| Net Working Capital | 99 | 0 | 805 | 265 | 1,093 | 1,010 | 1,140 | 830 | 974 | 1,045 |
| Contingent Liabilities | 10 | 10 | 88 | 154 | 193 | 216 | 491 | 42 | 93 | 82 |
| Book Value per Share | 2097.98 | 2318.53 | 3731.55 | 2986.91 | 3465.69 | 4023.21 | 4880.69 | 8023.09 | 8641.35 | 9371.54 |
| 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
- 9
- 1,813
- 135
- Trade Payables
- 87
- 594
- Total Liabilities
- 2,637
- 366
- Capital Work in Progress
- 20
- 1,703
- 73
- 0
- Cash & Bank
- 6
- 469
- Total Assets
- 2,637
- Total Debt
- 422
- Net Working Capital
- 99
- Contingent Liabilities
- 10
- Book Value per Share
- 2097.98
- Face Value
- 10.00
- Total Debt
- 422
- Net Working Capital
- 99
- Contingent Liabilities
- 10
- Book Value per Share
- 2097.98
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 9
- 2,005
- 125
- Trade Payables
- 86
- 552
- Total Liabilities
- 2,777
- 391
- Capital Work in Progress
- 11
- 1,984
- 80
- 0
- Cash & Bank
- 10
- 301
- Total Assets
- 2,777
- Total Debt
- 348
- Net Working Capital
- 0
- Contingent Liabilities
- 10
- Book Value per Share
- 2318.53
- Face Value
- 10.00
- Total Debt
- 348
- Net Working Capital
- 0
- Contingent Liabilities
- 10
- Book Value per Share
- 2318.53
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 8
- 2,991
- 2,033
- Trade Payables
- 1,784
- 7,395
- Total Liabilities
- 14,211
- 6,701
- Capital Work in Progress
- 280
- 1,819
- 1,963
- 0
- Cash & Bank
- 239
- 3,209
- Total Assets
- 14,211
- Total Debt
- 6,474
- Net Working Capital
- 805
- Contingent Liabilities
- 88
- Book Value per Share
- 3731.55
- Face Value
- 10.00
- Total Debt
- 6,474
- Net Working Capital
- 805
- Contingent Liabilities
- 88
- Book Value per Share
- 3731.55
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 11
- 3,363
- 2,108
- Trade Payables
- 1,853
- 6,965
- Total Liabilities
- 14,300
- 6,810
- Capital Work in Progress
- 287
- 2,085
- 1,915
- 0
- Cash & Bank
- 232
- 2,970
- Total Assets
- 14,300
- Total Debt
- 6,093
- Net Working Capital
- 265
- Contingent Liabilities
- 154
- Book Value per Share
- 2986.91
- Face Value
- 10.00
- Total Debt
- 6,093
- Net Working Capital
- 265
- Contingent Liabilities
- 154
- Book Value per Share
- 2986.91
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 11
- 3,904
- 1,208
- Trade Payables
- 1,782
- 7,537
- Total Liabilities
- 14,443
- 6,647
- Capital Work in Progress
- 315
- 2,423
- 2,105
- 0
- Cash & Bank
- 308
- 2,644
- Total Assets
- 14,443
- Total Debt
- 5,110
- Net Working Capital
- 1,093
- Contingent Liabilities
- 193
- Book Value per Share
- 3465.69
- Face Value
- 10.00
- Total Debt
- 5,110
- Net Working Capital
- 1,093
- Contingent Liabilities
- 193
- Book Value per Share
- 3465.69
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 11
- 4,533
- 2,169
- Trade Payables
- 2,410
- 7,103
- Total Liabilities
- 16,226
- 6,812
- Capital Work in Progress
- 130
- 2,749
- 2,850
- 0
- Cash & Bank
- 339
- 3,347
- Total Assets
- 16,226
- Total Debt
- 5,527
- Net Working Capital
- 1,010
- Contingent Liabilities
- 216
- Book Value per Share
- 4023.21
- Face Value
- 10.00
- Total Debt
- 5,527
- Net Working Capital
- 1,010
- Contingent Liabilities
- 216
- Book Value per Share
- 4023.21
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 11
- 5,502
- 2,127
- Trade Payables
- 2,019
- 7,566
- Total Liabilities
- 17,226
- 6,903
- Capital Work in Progress
- 215
- 3,602
- 2,642
- 0
- Cash & Bank
- 313
- 3,551
- Total Assets
- 17,226
- Total Debt
- 5,185
- Net Working Capital
- 1,140
- Contingent Liabilities
- 491
- Book Value per Share
- 4880.69
- Face Value
- 10.00
- Total Debt
- 5,185
- Net Working Capital
- 1,140
- Contingent Liabilities
- 491
- Book Value per Share
- 4880.69
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 11
- 9,052
- 181
- Trade Payables
- 170
- 1,024
- Total Liabilities
- 10,437
- 438
- Capital Work in Progress
- 5
- 9,090
- 378
- 332
- Cash & Bank
- 27
- 168
- Total Assets
- 10,437
- Total Debt
- 422
- Net Working Capital
- 830
- Contingent Liabilities
- 42
- Book Value per Share
- 8023.09
- Face Value
- 10.00
- Total Debt
- 422
- Net Working Capital
- 830
- Contingent Liabilities
- 42
- Book Value per Share
- 8023.09
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 11
- 9,750
- 310
- Trade Payables
- 189
- 1,076
- Total Liabilities
- 11,336
- 457
- Capital Work in Progress
- 8
- 9,869
- 364
- 373
- Cash & Bank
- 84
- 181
- Total Assets
- 11,336
- Total Debt
- 556
- Net Working Capital
- 974
- Contingent Liabilities
- 93
- Book Value per Share
- 8641.35
- Face Value
- 10.00
- Total Debt
- 556
- Net Working Capital
- 974
- Contingent Liabilities
- 93
- Book Value per Share
- 8641.35
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 11
- 10,676
- 405
- Trade Payables
- 251
- 1,083
- Total Liabilities
- 12,426
- 466
- Capital Work in Progress
- 45
- 10,804
- 381
- 450
- Cash & Bank
- 104
- 177
- Total Assets
- 12,426
- Total Debt
- 642
- Net Working Capital
- 1,045
- Contingent Liabilities
- 82
- Book Value per Share
- 9371.54
- Face Value
- 10.00
- Total Debt
- 642
- Net Working Capital
- 1,045
- Contingent Liabilities
- 82
- Book Value per Share
- 9371.54
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 113 | 102 | 993 | 1,500 | 1,775 | 351 | 1,437 | 1,817 | 294 | 252 | |
| Cash from Investing | 54 | -163 | -367 | -336 | -201 | -188 | -650 | -1,260 | -286 | -202 |
| Cash from Financing | -172 | 64 | -567 | -1,195 | -1,542 | -144 | -778 | -590 | 39 | -30 |
| -5 | 3 | 59 | -30 | 31 | 18 | 9 | -33 | 48 | 21 | |
| Free Cash Flow | 71 | 50 | -5,612 | 984 | 1,497 | -6 | 781 | 1,817 | 267 | 156 |
| OCF / Net Profit | 0.87 | 1.32 | 3.69 | 5.03 | 4.53 | 1.12 | 3.17 | 0.52 | 0.98 | 0.89 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -3,010 | -3,087 | -2,356 | 5,072 | 4,356 | 3,015 |
| OCF / Net Profit | 0.87 | 1.32 | 3.69 | 5.03 | 4.53 | 1.12 | 3.17 | 0.52 | 0.98 | 0.89 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -3,010 | -3,087 | -2,356 | 5,072 | 4,356 | 3,015 |
Mar 2017
- 113
- Cash from Investing
- 54
- Cash from Financing
- -172
- -5
- Free Cash Flow
- 71
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 0
Mar 2018
- 102
- Cash from Investing
- -163
- Cash from Financing
- 64
- 3
- Free Cash Flow
- 50
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 0
Mar 2019
- 993
- Cash from Investing
- -367
- Cash from Financing
- -567
- 59
- Free Cash Flow
- -5,612
- OCF / Net Profit
- 3.69
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.69
- Cumulative 5-Year FCF
- 0
Mar 2020
- 1,500
- Cash from Investing
- -336
- Cash from Financing
- -1,195
- -30
- Free Cash Flow
- 984
- OCF / Net Profit
- 5.03
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.03
- Cumulative 5-Year FCF
- 0
Mar 2021
- 1,775
- Cash from Investing
- -201
- Cash from Financing
- -1,542
- 31
- Free Cash Flow
- 1,497
- OCF / Net Profit
- 4.53
- Cumulative 5-Year FCF
- -3,010
- OCF / Net Profit
- 4.53
- Cumulative 5-Year FCF
- -3,010
Mar 2022
- 351
- Cash from Investing
- -188
- Cash from Financing
- -144
- 18
- Free Cash Flow
- -6
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- -3,087
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- -3,087
Mar 2023
- 1,437
- Cash from Investing
- -650
- Cash from Financing
- -778
- 9
- Free Cash Flow
- 781
- OCF / Net Profit
- 3.17
- Cumulative 5-Year FCF
- -2,356
- OCF / Net Profit
- 3.17
- Cumulative 5-Year FCF
- -2,356
Mar 2024
- 1,817
- Cash from Investing
- -1,260
- Cash from Financing
- -590
- -33
- Free Cash Flow
- 1,817
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 5,072
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 5,072
Mar 2025
- 294
- Cash from Investing
- -286
- Cash from Financing
- 39
- 48
- Free Cash Flow
- 267
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 4,356
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 4,356
Mar 2026
- 252
- Cash from Investing
- -202
- Cash from Financing
- -30
- 21
- Free Cash Flow
- 156
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 3,015
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 3,015
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 (₹) | 377.20 | 231.31 | 448.70 | 402.92 | 450.07 | 555.74 | 830.11 | 3445.52 | 648.25 | 721.96 |
| Book Value (₹) | 2097.98 | 2318.53 | 3731.55 | 2986.91 | 3465.69 | 4023.21 | 4880.69 | 8023.09 | 8641.35 | 9371.54 |
| Dividend per Share (₹) | 10.00 | 10.00 | 10.00 | 15.00 | 7.50 | 15.00 | 25.00 | 40.00 | 50.00 | 50.00 |
| Cash EPS (₹) | 195.69 | 136.93 | 792.29 | 638.50 | 725.62 | 656.90 | 804.25 | 3399.57 | 325.45 | 305.82 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 17.70% | 12.68% | 11.51% | 11.73% | 14.69% | 9.97% | 10.14% | 14.50% | 18.85% | 16.13% |
| Net Margin % | 8.75% | 5.10% | 2.15% | 2.69% | 3.77% | 2.31% | 2.75% | 26.84% | 14.06% | 11.95% |
| ROE % | 7.77% | 4.01% | 10.75% | 9.36% | 10.76% | 7.41% | 9.00% | 47.57% | 3.18% | 2.78% |
| ROCE % | 10.58% | 6.48% | 16.60% | 8.13% | 12.26% | 9.72% | 11.12% | 44.34% | 4.49% | 3.95% |
| 5.23% | 2.84% | 3.17% | 2.09% | 2.73% | 2.05% | 2.71% | 25.07% | 2.75% | 2.39% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 31 | 31 | 34 | 70 | 67 | 55 | 54 | 41 | 60 | 63 |
| Inventory Days | 17 | 19 | 30 | 64 | 71 | 67 | 61 | 43 | 64 | 57 |
| Payable Days | 32 | 30 | 42 | 96 | 108 | 87 | 74 | 52 | 67 | 70 |
| 16 | 19 | 22 | 38 | 30 | 35 | 40 | 31 | 57 | 51 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.23x | 0.17x | 2.16x | 1.81x | 1.31x | 1.22x | 0.94x | 0.05x | 0.06x | 0.06x |
| Interest Coverage (x) | 4.28x | 3.60x | 1.71x | 1.26x | 2.25x | 2.07x | 2.37x | 12.24x | 10.13x | 8.46x |
| 1.28x | 1.00x | 1.18x | 1.06x | 1.28x | 1.18x | 1.22x | 2.33x | 2.23x | 2.12x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 8.25% | 1.57% | 729.29% | -11.16% | -6.40% | 30.53% | 21.48% | -21.67% | -83.53% | 11.70% |
| Operating Profit Growth % | 45.35% | -27.24% | 653.12% | -9.49% | 17.22% | -11.41% | 23.56% | 16.68% | -74.37% | 0.34% |
| Net Profit Growth % | 90.23% | -40.78% | 250.15% | 10.73% | 31.44% | -20.03% | 44.38% | 665.71% | -91.37% | -5.08% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 315.07% | -81.19% | 11.37% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.48x | 11.12x | 7.54x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.07x | 0.83x | 0.58x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.47% | 0.69% | 0.92% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.15x | 17.23x | 13.44x |
Mar 2017
- EPS (₹)
- 377.20
- Book Value (₹)
- 2097.98
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 195.69
- Operating Margin %
- 17.70%
- Net Margin %
- 8.75%
- ROE %
- 7.77%
- ROCE %
- 10.58%
- 5.23%
- Debtor Days
- 31
- Inventory Days
- 17
- Payable Days
- 32
- 16
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 4.28x
- 1.28x
- Revenue Growth %
- 8.25%
- Operating Profit Growth %
- 45.35%
- Net Profit Growth %
- 90.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 231.31
- Book Value (₹)
- 2318.53
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 136.93
- Operating Margin %
- 12.68%
- Net Margin %
- 5.10%
- ROE %
- 4.01%
- ROCE %
- 6.48%
- 2.84%
- Debtor Days
- 31
- Inventory Days
- 19
- Payable Days
- 30
- 19
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 3.60x
- 1.00x
- Revenue Growth %
- 1.57%
- Operating Profit Growth %
- -27.24%
- Net Profit Growth %
- -40.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 448.70
- Book Value (₹)
- 3731.55
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 792.29
- Operating Margin %
- 11.51%
- Net Margin %
- 2.15%
- ROE %
- 10.75%
- ROCE %
- 16.60%
- 3.17%
- Debtor Days
- 34
- Inventory Days
- 30
- Payable Days
- 42
- 22
- Debt to Equity (x)
- 2.16x
- Interest Coverage (x)
- 1.71x
- 1.18x
- Revenue Growth %
- 729.29%
- Operating Profit Growth %
- 653.12%
- Net Profit Growth %
- 250.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 402.92
- Book Value (₹)
- 2986.91
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 638.50
- Operating Margin %
- 11.73%
- Net Margin %
- 2.69%
- ROE %
- 9.36%
- ROCE %
- 8.13%
- 2.09%
- Debtor Days
- 70
- Inventory Days
- 64
- Payable Days
- 96
- 38
- Debt to Equity (x)
- 1.81x
- Interest Coverage (x)
- 1.26x
- 1.06x
- Revenue Growth %
- -11.16%
- Operating Profit Growth %
- -9.49%
- Net Profit Growth %
- 10.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 450.07
- Book Value (₹)
- 3465.69
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 725.62
- Operating Margin %
- 14.69%
- Net Margin %
- 3.77%
- ROE %
- 10.76%
- ROCE %
- 12.26%
- 2.73%
- Debtor Days
- 67
- Inventory Days
- 71
- Payable Days
- 108
- 30
- Debt to Equity (x)
- 1.31x
- Interest Coverage (x)
- 2.25x
- 1.28x
- Revenue Growth %
- -6.40%
- Operating Profit Growth %
- 17.22%
- Net Profit Growth %
- 31.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 555.74
- Book Value (₹)
- 4023.21
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 656.90
- Operating Margin %
- 9.97%
- Net Margin %
- 2.31%
- ROE %
- 7.41%
- ROCE %
- 9.72%
- 2.05%
- Debtor Days
- 55
- Inventory Days
- 67
- Payable Days
- 87
- 35
- Debt to Equity (x)
- 1.22x
- Interest Coverage (x)
- 2.07x
- 1.18x
- Revenue Growth %
- 30.53%
- Operating Profit Growth %
- -11.41%
- Net Profit Growth %
- -20.03%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 830.11
- Book Value (₹)
- 4880.69
- Dividend per Share (₹)
- 25.00
- Cash EPS (₹)
- 804.25
- Operating Margin %
- 10.14%
- Net Margin %
- 2.75%
- ROE %
- 9.00%
- ROCE %
- 11.12%
- 2.71%
- Debtor Days
- 54
- Inventory Days
- 61
- Payable Days
- 74
- 40
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 2.37x
- 1.22x
- Revenue Growth %
- 21.48%
- Operating Profit Growth %
- 23.56%
- Net Profit Growth %
- 44.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3445.52
- Book Value (₹)
- 8023.09
- Dividend per Share (₹)
- 40.00
- Cash EPS (₹)
- 3399.57
- Operating Margin %
- 14.50%
- Net Margin %
- 26.84%
- ROE %
- 47.57%
- ROCE %
- 44.34%
- 25.07%
- Debtor Days
- 41
- Inventory Days
- 43
- Payable Days
- 52
- 31
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 12.24x
- 2.33x
- Revenue Growth %
- -21.67%
- Operating Profit Growth %
- 16.68%
- Net Profit Growth %
- 665.71%
- 315.07%
- P/E (x)
- 2.48x
- P/B (x)
- 1.07x
- Dividend Yield %
- 0.47%
- 5.15x
Mar 2025
- EPS (₹)
- 648.25
- Book Value (₹)
- 8641.35
- Dividend per Share (₹)
- 50.00
- Cash EPS (₹)
- 325.45
- Operating Margin %
- 18.85%
- Net Margin %
- 14.06%
- ROE %
- 3.18%
- ROCE %
- 4.49%
- 2.75%
- Debtor Days
- 60
- Inventory Days
- 64
- Payable Days
- 67
- 57
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 10.13x
- 2.23x
- Revenue Growth %
- -83.53%
- Operating Profit Growth %
- -74.37%
- Net Profit Growth %
- -91.37%
- -81.19%
- P/E (x)
- 11.12x
- P/B (x)
- 0.83x
- Dividend Yield %
- 0.69%
- 17.23x
Mar 2026
- EPS (₹)
- 721.96
- Book Value (₹)
- 9371.54
- Dividend per Share (₹)
- 50.00
- Cash EPS (₹)
- 305.82
- Operating Margin %
- 16.13%
- Net Margin %
- 11.95%
- ROE %
- 2.78%
- ROCE %
- 3.95%
- 2.39%
- Debtor Days
- 63
- Inventory Days
- 57
- Payable Days
- 70
- 51
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 8.46x
- 2.12x
- Revenue Growth %
- 11.70%
- Operating Profit Growth %
- 0.34%
- Net Profit Growth %
- -5.08%
- 11.37%
- P/E (x)
- 7.54x
- P/B (x)
- 0.58x
- Dividend Yield %
- 0.92%
- 13.44x
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