Bengal & Assam Company Ltd.
•₹ 6,2560.89%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Tyre: 27.3% • Cement: 25.8% • Paper: 21.2% • Polymer & Textile: 18.0% • Others: 7.6%
PROS
- Company has delivered good profit growth of 38.8% CAGR over last 5 years
- Solid return on assets for a lender - ROA of 9.2%
- Asset quality is healthy - gross NPA of just 0.0%
- Company has delivered good sales growth of 38.9% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 47.6%
CONS
- Recent results are weak - TTM profit is down 51.5% versus prior year
- Company has a low return on capital employed of 12.0%
- Operating margins have contracted to 46.9% from 114.5%
- Stock is trading at 5.2x its book value
- Growth is decelerating - 3Y profit CAGR (-0.6%) trails the 5Y trend (38.8%)
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 85 | 2 | 63 | 3 | 121 | 4 | 29 | 4 | 125 | 4 | 86 | 37 | |
| 1 | 4 | 2 | 3 | 2 | 4 | 2 | 19 | 23 | 28 | 30 | 75 | 35 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Interest | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -1 | 80 | -1 | 59 | 2 | 118 | 4 | 11 | 4 | 123 | 1 | 14 | 4 | |
| Tax % | -10.71% | 16.39% | -22.95% | 14.81% | -7.56% | 15.74% | 36.60% | -1.99% | 23.97% | 13.65% | 41.28% | 25.89% | 22.88% |
| Net Profit | -1 | 67 | -1 | 50 | 2 | 99 | 3 | 11 | 3 | 106 | 1 | 10 | 3 |
| -1 | 59 | -1 | 44 | 2 | 87 | 2 | 9 | 2 | 93 | 1 | 9 | 0 | |
| 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
- 2
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 0
- -1
- Tax %
- -10.71%
- Net Profit
- -1
- -1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 85
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 0
- 80
- Tax %
- 16.39%
- Net Profit
- 67
- 59
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 2
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 0
- -1
- Tax %
- -22.95%
- Net Profit
- -1
- -1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 63
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 0
- 59
- Tax %
- 14.81%
- Net Profit
- 50
- 44
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 3
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 0
- 2
- Tax %
- -7.56%
- Net Profit
- 2
- 2
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 121
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 0
- 118
- Tax %
- 15.74%
- Net Profit
- 99
- 87
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 4
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 0
- 4
- Tax %
- 36.60%
- Net Profit
- 3
- 2
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 29
- 19
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 0
- 11
- Tax %
- -1.99%
- Net Profit
- 11
- 9
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 4
- 23
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 0
- 4
- Tax %
- 23.97%
- Net Profit
- 3
- 2
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 125
- 28
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 0
- 123
- Tax %
- 13.65%
- Net Profit
- 106
- 93
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 4
- 30
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 0
- 1
- Tax %
- 41.28%
- Net Profit
- 1
- 1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 86
- 75
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 0
- 14
- Tax %
- 25.89%
- Net Profit
- 10
- 9
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 37
- 35
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 0
- 4
- Tax %
- 22.88%
- Net Profit
- 3
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 43 | 42 | 71 | 176 | 57 | 103 | 144 | 153 | 157 | 296 | 252 | |
| 4 | 6 | 8 | 9 | 6 | 7 | 8 | 11 | 26 | 157 | 169 | |
| Operating Profit | 44 | 42 | 69 | 174 | 58 | 103 | 165 | 149 | 141 | 147 | — |
| OPM % | 103 | 100 | 97 | 99 | 102 | 100 | 114 | 97 | 89 | 50 | — |
| Other Income | 6 | 6 | 6 | 7 | 7 | 8 | 29 | 7 | 9 | 8 | 8 |
| Interest | 22 | 13 | 30 | 43 | 34 | 26 | 17 | 11 | 6 | 5 | 5 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 22 | 28 | 38 | 130 | 24 | 76 | 148 | 138 | 134 | 141 | 141 | |
| Tax % | -3 | -1 | -1 | 4 | 1 | 20 | 17 | 16 | 15 | 15 | 15 |
| Net Profit | 23 | 29 | 39 | 125 | 23 | 61 | 122 | 116 | 114 | 120 | 120 |
| EPS | 0 | 0 | 0 | 0 | 21 | 54 | 108 | 102 | 101 | 105 | — |
| Dividend Payout % | 38 | 30 | 21 | 14 | 36 | 28 | 23 | 39 | 49 | 48 | — |
| 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 | 27 | 33 | 48 | 111 | 21 | 54 | 108 | 102 | 101 | 105 | — |
| 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 | 27 | 33 | 48 | 111 | 21 | 54 | 108 | 102 | 101 | 105 | — |
Mar 2017
- 43
- 4
- Operating Profit
- 44
- OPM %
- 103
- Other Income
- 6
- Interest
- 22
- Depreciation
- 0
- 22
- Tax %
- -3
- Net Profit
- 23
- EPS
- 0
- Dividend Payout %
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
Mar 2018
- 42
- 6
- Operating Profit
- 42
- OPM %
- 100
- Other Income
- 6
- Interest
- 13
- Depreciation
- 0
- 28
- Tax %
- -1
- Net Profit
- 29
- EPS
- 0
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
Mar 2019
- 71
- 8
- Operating Profit
- 69
- OPM %
- 97
- Other Income
- 6
- Interest
- 30
- Depreciation
- 0
- 38
- Tax %
- -1
- Net Profit
- 39
- EPS
- 0
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
Mar 2020
- 176
- 9
- Operating Profit
- 174
- OPM %
- 99
- Other Income
- 7
- Interest
- 43
- Depreciation
- 1
- 130
- Tax %
- 4
- Net Profit
- 125
- EPS
- 0
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 111
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 111
Mar 2021
- 57
- 6
- Operating Profit
- 58
- OPM %
- 102
- Other Income
- 7
- Interest
- 34
- Depreciation
- 1
- 24
- Tax %
- 1
- Net Profit
- 23
- EPS
- 21
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2022
- 103
- 7
- Operating Profit
- 103
- OPM %
- 100
- Other Income
- 8
- Interest
- 26
- Depreciation
- 1
- 76
- Tax %
- 20
- Net Profit
- 61
- EPS
- 54
- Dividend Payout %
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 54
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 54
Mar 2023
- 144
- 8
- Operating Profit
- 165
- OPM %
- 114
- Other Income
- 29
- Interest
- 17
- Depreciation
- 1
- 148
- Tax %
- 17
- Net Profit
- 122
- EPS
- 108
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 108
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 108
Mar 2024
- 153
- 11
- Operating Profit
- 149
- OPM %
- 97
- Other Income
- 7
- Interest
- 11
- Depreciation
- 1
- 138
- Tax %
- 16
- Net Profit
- 116
- EPS
- 102
- Dividend Payout %
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 102
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 102
Mar 2025
- 157
- 26
- Operating Profit
- 141
- OPM %
- 89
- Other Income
- 9
- Interest
- 6
- Depreciation
- 1
- 134
- Tax %
- 15
- Net Profit
- 114
- EPS
- 101
- Dividend Payout %
- 49
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 101
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 101
Mar 2026
- 296
- 157
- Operating Profit
- 147
- OPM %
- 50
- Other Income
- 8
- Interest
- 5
- Depreciation
- 1
- 141
- Tax %
- 15
- Net Profit
- 120
- EPS
- 105
- Dividend Payout %
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 105
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 105
TTM
- 252
- 169
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 5
- Depreciation
- 1
- 141
- Tax %
- 15
- Net Profit
- 120
- 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:
- 22%
- 5 Years:
- 39%
- 3 Years:
- 27%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 18%
- 5 Years:
- 39%
- 3 Years:
- -1%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 9%
- 5 Years:
- 10%
- 3 Years:
- 11%
- Last Year:
- 10%
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 | 9 | 9 | 8 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| 367 | 387 | 698 | 791 | 824 | 883 | 989 | 1,065 | 1,136 | 1,183 | |
| 33 | 28 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 22 | |
| Trade Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 48 |
| 166 | 102 | 563 | 449 | 420 | 279 | 187 | 116 | 100 | 81 | |
| Total Liabilities | 574 | 526 | 1,269 | 1,251 | 1,256 | 1,173 | 1,187 | 1,196 | 1,251 | 1,346 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 17 | 17 | 26 | 25 | 25 | 1 | 1 | 1 | 1 | 1 | |
| Capital Work in Progress | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 457 | 450 | 1,184 | 1,188 | 1,200 | 1,136 | 1,150 | 1,158 | 1,217 | 1,271 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 49 | |
| Cash & Bank | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 0 | 0 | 1 |
| 99 | 55 | 56 | 33 | 28 | 35 | 35 | 37 | 28 | 24 | |
| Total Assets | 574 | 526 | 1,269 | 1,251 | 1,256 | 1,173 | 1,187 | 1,196 | 1,251 | 1,346 |
| Total Debt | 194 | 126 | 547 | 432 | 404 | 260 | 168 | 100 | 79 | 82 |
| Net Working Capital | 6 | -19 | 31 | 14 | 11 | 1 | 5 | -7 | -2 | -23 |
| Contingent Liabilities | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 11 | 11 |
| Book Value per Share | 432.75 | 455.64 | 878.75 | 710.43 | 739.72 | 791.41 | 885.44 | 953.05 | 1015.91 | 1047.39 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 194 | 126 | 547 | 432 | 404 | 260 | 168 | 100 | 79 | 82 |
| Net Working Capital | 6 | -19 | 31 | 14 | 11 | 1 | 5 | -7 | -2 | -23 |
| Contingent Liabilities | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 11 | 11 |
| Book Value per Share | 432.75 | 455.64 | 878.75 | 710.43 | 739.72 | 791.41 | 885.44 | 953.05 | 1015.91 | 1047.39 |
| 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
- 367
- 33
- Trade Payables
- 0
- 166
- Total Liabilities
- 574
- 17
- Capital Work in Progress
- 0
- 457
- 0
- Cash & Bank
- 1
- 99
- Total Assets
- 574
- Total Debt
- 194
- Net Working Capital
- 6
- Contingent Liabilities
- 0
- Book Value per Share
- 432.75
- Face Value
- 10.00
- Total Debt
- 194
- Net Working Capital
- 6
- Contingent Liabilities
- 0
- Book Value per Share
- 432.75
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 9
- 387
- 28
- Trade Payables
- 0
- 102
- Total Liabilities
- 526
- 17
- Capital Work in Progress
- 2
- 450
- 0
- Cash & Bank
- 1
- 55
- Total Assets
- 526
- Total Debt
- 126
- Net Working Capital
- -19
- Contingent Liabilities
- 0
- Book Value per Share
- 455.64
- Face Value
- 10.00
- Total Debt
- 126
- Net Working Capital
- -19
- Contingent Liabilities
- 0
- Book Value per Share
- 455.64
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 8
- 698
- 0
- Trade Payables
- 0
- 563
- Total Liabilities
- 1,269
- 26
- Capital Work in Progress
- 0
- 1,184
- 0
- Cash & Bank
- 2
- 56
- Total Assets
- 1,269
- Total Debt
- 547
- Net Working Capital
- 31
- Contingent Liabilities
- 1
- Book Value per Share
- 878.75
- Face Value
- 10.00
- Total Debt
- 547
- Net Working Capital
- 31
- Contingent Liabilities
- 1
- Book Value per Share
- 878.75
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 11
- 791
- 0
- Trade Payables
- 0
- 449
- Total Liabilities
- 1,251
- 25
- Capital Work in Progress
- 0
- 1,188
- 0
- Cash & Bank
- 5
- 33
- Total Assets
- 1,251
- Total Debt
- 432
- Net Working Capital
- 14
- Contingent Liabilities
- 1
- Book Value per Share
- 710.43
- Face Value
- 10.00
- Total Debt
- 432
- Net Working Capital
- 14
- Contingent Liabilities
- 1
- Book Value per Share
- 710.43
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 11
- 824
- 0
- Trade Payables
- 0
- 420
- Total Liabilities
- 1,256
- 25
- Capital Work in Progress
- 0
- 1,200
- 0
- Cash & Bank
- 4
- 28
- Total Assets
- 1,256
- Total Debt
- 404
- Net Working Capital
- 11
- Contingent Liabilities
- 1
- Book Value per Share
- 739.72
- Face Value
- 10.00
- Total Debt
- 404
- Net Working Capital
- 11
- Contingent Liabilities
- 1
- Book Value per Share
- 739.72
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 11
- 883
- 0
- Trade Payables
- 0
- 279
- Total Liabilities
- 1,173
- 1
- Capital Work in Progress
- 0
- 1,136
- 0
- Cash & Bank
- 1
- 35
- Total Assets
- 1,173
- Total Debt
- 260
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 791.41
- Face Value
- 10.00
- Total Debt
- 260
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 791.41
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 11
- 989
- 0
- Trade Payables
- 0
- 187
- Total Liabilities
- 1,187
- 1
- Capital Work in Progress
- 0
- 1,150
- 0
- Cash & Bank
- 1
- 35
- Total Assets
- 1,187
- Total Debt
- 168
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 885.44
- Face Value
- 10.00
- Total Debt
- 168
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 885.44
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 11
- 1,065
- 3
- Trade Payables
- 0
- 116
- Total Liabilities
- 1,196
- 1
- Capital Work in Progress
- 0
- 1,158
- 0
- Cash & Bank
- 0
- 37
- Total Assets
- 1,196
- Total Debt
- 100
- Net Working Capital
- -7
- Contingent Liabilities
- 0
- Book Value per Share
- 953.05
- Face Value
- 10.00
- Total Debt
- 100
- Net Working Capital
- -7
- Contingent Liabilities
- 0
- Book Value per Share
- 953.05
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 11
- 1,136
- 0
- Trade Payables
- 3
- 100
- Total Liabilities
- 1,251
- 1
- Capital Work in Progress
- 0
- 1,217
- 4
- Cash & Bank
- 0
- 28
- Total Assets
- 1,251
- Total Debt
- 79
- Net Working Capital
- -2
- Contingent Liabilities
- 11
- Book Value per Share
- 1015.91
- Face Value
- 10.00
- Total Debt
- 79
- Net Working Capital
- -2
- Contingent Liabilities
- 11
- Book Value per Share
- 1015.91
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 11
- 1,183
- 22
- Trade Payables
- 48
- 81
- Total Liabilities
- 1,346
- 1
- Capital Work in Progress
- 0
- 1,271
- 49
- Cash & Bank
- 1
- 24
- Total Assets
- 1,346
- Total Debt
- 82
- Net Working Capital
- -23
- Contingent Liabilities
- 11
- Book Value per Share
- 1047.39
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- -23
- Contingent Liabilities
- 11
- Book Value per Share
- 1047.39
- Face Value
- 10.00
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 39 | 44 | 71 | 149 | 41 | 85 | 108 | 117 | 117 | 117 | |
| Cash from Investing | -20 | 46 | -231 | 39 | 20 | 91 | 18 | -10 | -46 | -57 |
| Cash from Financing | -22 | -90 | 160 | -187 | -62 | -179 | -126 | -107 | -72 | -59 |
| -3 | 0 | 1 | 1 | -0 | -3 | 0 | 0 | 0 | 1 | |
| Free Cash Flow | 39 | 42 | 68 | 149 | 41 | 85 | 108 | 116 | 117 | 117 |
| OCF / Net Profit | 1.70 | 1.53 | 1.83 | 1.19 | 1.78 | 1.38 | 0.89 | 1.01 | 1.03 | 0.97 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 339 | 385 | 450 | 498 | 467 | 542 |
| OCF / Net Profit | 1.70 | 1.53 | 1.83 | 1.19 | 1.78 | 1.38 | 0.89 | 1.01 | 1.03 | 0.97 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 339 | 385 | 450 | 498 | 467 | 542 |
Mar 2017
- 39
- Cash from Investing
- -20
- Cash from Financing
- -22
- -3
- Free Cash Flow
- 39
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 0
Mar 2018
- 44
- Cash from Investing
- 46
- Cash from Financing
- -90
- 0
- Free Cash Flow
- 42
- OCF / Net Profit
- 1.53
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.53
- Cumulative 5-Year FCF
- 0
Mar 2019
- 71
- Cash from Investing
- -231
- Cash from Financing
- 160
- 1
- Free Cash Flow
- 68
- OCF / Net Profit
- 1.83
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.83
- Cumulative 5-Year FCF
- 0
Mar 2020
- 149
- Cash from Investing
- 39
- Cash from Financing
- -187
- 1
- Free Cash Flow
- 149
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
Mar 2021
- 41
- Cash from Investing
- 20
- Cash from Financing
- -62
- -0
- Free Cash Flow
- 41
- OCF / Net Profit
- 1.78
- Cumulative 5-Year FCF
- 339
- OCF / Net Profit
- 1.78
- Cumulative 5-Year FCF
- 339
Mar 2022
- 85
- Cash from Investing
- 91
- Cash from Financing
- -179
- -3
- Free Cash Flow
- 85
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 385
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 385
Mar 2023
- 108
- Cash from Investing
- 18
- Cash from Financing
- -126
- 0
- Free Cash Flow
- 108
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 450
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 450
Mar 2024
- 117
- Cash from Investing
- -10
- Cash from Financing
- -107
- 0
- Free Cash Flow
- 116
- OCF / Net Profit
- 1.01
- Cumulative 5-Year FCF
- 498
- OCF / Net Profit
- 1.01
- Cumulative 5-Year FCF
- 498
Mar 2025
- 117
- Cash from Investing
- -46
- Cash from Financing
- -72
- 0
- Free Cash Flow
- 117
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 467
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 467
Mar 2026
- 117
- Cash from Investing
- -57
- Cash from Financing
- -59
- 1
- Free Cash Flow
- 117
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 542
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 542
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 (₹) | 26.53 | 32.89 | 48.43 | 110.97 | 20.59 | 54.24 | 107.87 | 102.35 | 101.27 | 105.03 |
| Book Value (₹) | 432.75 | 455.64 | 878.75 | 710.43 | 739.72 | 791.41 | 885.44 | 953.05 | 1015.91 | 1047.39 |
| 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 (₹) | 26.87 | 33.24 | 48.81 | 111.94 | 21.33 | 54.83 | 108.39 | 103.02 | 101.90 | 105.69 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 103.06% | 99.55% | 96.81% | 98.88% | 101.51% | 100.44% | 114.46% | 92.75% | 83.36% | 46.88% |
| Net Margin % | 53.45% | 67.75% | 54.86% | 71.21% | 40.67% | 59.57% | 84.60% | 75.56% | 72.64% | 40.51% |
| ROE % | 6.32% | 7.40% | 7.07% | 16.62% | 2.84% | 7.09% | 12.87% | 11.13% | 10.29% | 10.23% |
| ROCE % | 7.90% | 7.64% | 7.69% | 13.89% | 4.63% | 8.58% | 14.15% | 12.65% | 11.64% | 11.69% |
| 4.05% | 5.19% | 4.34% | 9.95% | 1.86% | 5.05% | 10.33% | 9.70% | 9.35% | 9.23% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 32 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38 | 64 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30 | -32 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.52x | 0.32x | 0.77x | 0.54x | 0.48x | 0.29x | 0.17x | 0.09x | 0.07x | 0.07x |
| Interest Coverage (x) | 2.03x | 3.14x | 2.29x | 4.02x | 1.70x | 3.88x | 9.91x | 14.05x | 24.16x | 29.83x |
| 1.14x | 0.69x | 8.21x | 2.86x | 2.82x | 1.17x | 1.77x | 0.14x | 0.73x | 0.69x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 3.07% | -2.20% | 68.33% | 148.12% | -67.51% | 79.86% | 40.03% | 6.24% | 2.92% | 87.71% |
| Operating Profit Growth % | 3.71% | -5.53% | 63.68% | 153.44% | -66.65% | 77.97% | 59.57% | -9.61% | -5.64% | 4.49% |
| Net Profit Growth % | 0.25% | 23.96% | 36.31% | 222.04% | -81.44% | 163.44% | 98.86% | -5.12% | -1.05% | 4.70% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -5.12% | -1.05% | 3.71% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 83.50x | 71.18x | 51.80x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.97x | 7.10x | 5.19x |
| 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 | 65.45x | 58.47x | 42.77x |
Mar 2017
- EPS (₹)
- 26.53
- Book Value (₹)
- 432.75
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 26.87
- Operating Margin %
- 103.06%
- Net Margin %
- 53.45%
- ROE %
- 6.32%
- ROCE %
- 7.90%
- 4.05%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.52x
- Interest Coverage (x)
- 2.03x
- 1.14x
- Revenue Growth %
- 3.07%
- Operating Profit Growth %
- 3.71%
- Net Profit Growth %
- 0.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 32.89
- Book Value (₹)
- 455.64
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 33.24
- Operating Margin %
- 99.55%
- Net Margin %
- 67.75%
- ROE %
- 7.40%
- ROCE %
- 7.64%
- 5.19%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 3.14x
- 0.69x
- Revenue Growth %
- -2.20%
- Operating Profit Growth %
- -5.53%
- Net Profit Growth %
- 23.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 48.43
- Book Value (₹)
- 878.75
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 48.81
- Operating Margin %
- 96.81%
- Net Margin %
- 54.86%
- ROE %
- 7.07%
- ROCE %
- 7.69%
- 4.34%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 2.29x
- 8.21x
- Revenue Growth %
- 68.33%
- Operating Profit Growth %
- 63.68%
- Net Profit Growth %
- 36.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 110.97
- Book Value (₹)
- 710.43
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 111.94
- Operating Margin %
- 98.88%
- Net Margin %
- 71.21%
- ROE %
- 16.62%
- ROCE %
- 13.89%
- 9.95%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- 4.02x
- 2.86x
- Revenue Growth %
- 148.12%
- Operating Profit Growth %
- 153.44%
- Net Profit Growth %
- 222.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 20.59
- Book Value (₹)
- 739.72
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 21.33
- Operating Margin %
- 101.51%
- Net Margin %
- 40.67%
- ROE %
- 2.84%
- ROCE %
- 4.63%
- 1.86%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- 1.70x
- 2.82x
- Revenue Growth %
- -67.51%
- Operating Profit Growth %
- -66.65%
- Net Profit Growth %
- -81.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 54.24
- Book Value (₹)
- 791.41
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 54.83
- Operating Margin %
- 100.44%
- Net Margin %
- 59.57%
- ROE %
- 7.09%
- ROCE %
- 8.58%
- 5.05%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.29x
- Interest Coverage (x)
- 3.88x
- 1.17x
- Revenue Growth %
- 79.86%
- Operating Profit Growth %
- 77.97%
- Net Profit Growth %
- 163.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 107.87
- Book Value (₹)
- 885.44
- Dividend per Share (₹)
- 25.00
- Cash EPS (₹)
- 108.39
- Operating Margin %
- 114.46%
- Net Margin %
- 84.60%
- ROE %
- 12.87%
- ROCE %
- 14.15%
- 10.33%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 9.91x
- 1.77x
- Revenue Growth %
- 40.03%
- Operating Profit Growth %
- 59.57%
- Net Profit Growth %
- 98.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 102.35
- Book Value (₹)
- 953.05
- Dividend per Share (₹)
- 40.00
- Cash EPS (₹)
- 103.02
- Operating Margin %
- 92.75%
- Net Margin %
- 75.56%
- ROE %
- 11.13%
- ROCE %
- 12.65%
- 9.70%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 14.05x
- 0.14x
- Revenue Growth %
- 6.24%
- Operating Profit Growth %
- -9.61%
- Net Profit Growth %
- -5.12%
- -5.12%
- P/E (x)
- 83.50x
- P/B (x)
- 8.97x
- Dividend Yield %
- 0.47%
- 65.45x
Mar 2025
- EPS (₹)
- 101.27
- Book Value (₹)
- 1015.91
- Dividend per Share (₹)
- 50.00
- Cash EPS (₹)
- 101.90
- Operating Margin %
- 83.36%
- Net Margin %
- 72.64%
- ROE %
- 10.29%
- ROCE %
- 11.64%
- 9.35%
- Debtor Days
- 8
- Inventory Days
- 0
- Payable Days
- 38
- -30
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 24.16x
- 0.73x
- Revenue Growth %
- 2.92%
- Operating Profit Growth %
- -5.64%
- Net Profit Growth %
- -1.05%
- -1.05%
- P/E (x)
- 71.18x
- P/B (x)
- 7.10x
- Dividend Yield %
- 0.69%
- 58.47x
Mar 2026
- EPS (₹)
- 105.03
- Book Value (₹)
- 1047.39
- Dividend per Share (₹)
- 50.00
- Cash EPS (₹)
- 105.69
- Operating Margin %
- 46.88%
- Net Margin %
- 40.51%
- ROE %
- 10.23%
- ROCE %
- 11.69%
- 9.23%
- Debtor Days
- 32
- Inventory Days
- 0
- Payable Days
- 64
- -32
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 29.83x
- 0.69x
- Revenue Growth %
- 87.71%
- Operating Profit Growth %
- 4.49%
- Net Profit Growth %
- 4.70%
- 3.71%
- P/E (x)
- 51.80x
- P/B (x)
- 5.19x
- Dividend Yield %
- 0.92%
- 42.77x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.