Black Rose Industries Ltd.
•₹ 108.49-4.46%
2026-08-21
PROS
- Company is almost debt free
- Latest quarter profit grew 148.0% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Operating margins have improved to 10.1% from 3.7%
- Company comfortably covers its interest (20.3x coverage)
- Company generates healthy free cash flow
CONS
- Company's sales have been declining over the last five years
- Company has delivered a poor profit growth of -3.9% 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. | ADANIENT | 2979.00 | 54.17 | 403273.96 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| 2. | AEGISLOG | 1363.65 | 38.25 | 47864.12 | 0.64 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| 3. | PREMIERENE | 1008.00 | 27.48 | 45758.31 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 41.97 | 29.03 |
| 4. | CPPLUS | 3307.45 | 81.98 | 39127.28 | 0.05 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| 5. | REDINGTON | 334.90 | 15.39 | 26181.63 | 1.79 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| 6. | HONASA | 476.90 | 62.48 | 15548.09 | 0.63 | 90.45 | 118.87 | 755.95 | 27.00 | 8.99 | 14.58 |
| 7. | LLOYDSENT | 78.59 | 106.84 | 11997.17 | 0.19 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| 8. | SGMART | 805.80 | 81.69 | 10155.92 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 11.45 | 4.49 |
| 9. | MMTC | 62.10 | 20.82 | 9315.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 6.90 | -1423.53 |
| 10. | CELLO | 358.45 | 25.31 | 7917.62 | 0.42 | 73.40 | -8.99 | 526.72 | -0.43 | 17.15 | 18.80 |
| 11. | EBGNG | 588.80 | 47.13 | 6713.00 | 0.00 | 28.93 | 56.21 | 412.46 | 32.08 | 20.14 | 11.97 |
| 12. | BLACKROSE | 111.00 | 19.78 | 566.10 | 1.13 | 10.39 | 148.01 | 89.08 | 48.84 | 19.01 | 16.15 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 88 | 84 | 94 | 115 | 98 | 93 | 88 | 82 | 60 | 84 | 75 | 104 | 89 | |
| 82 | 76 | 86 | 108 | 92 | 86 | 80 | 74 | 54 | 77 | 69 | 91 | 76 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 5 | 8 | 7 | 8 | 6 | 6 | 8 | 8 | 6 | 6 | 6 | 12 | 14 | |
| Tax % | 25.28% | 25.43% | 26.59% | 25.52% | 26.02% | 27.54% | 25.44% | 24.78% | 27.00% | 27.26% | 25.76% | 23.35% | 26.40% |
| Net Profit | 0 | 0 | 0 | 0 | 5 | 5 | 6 | 6 | 4 | 4 | 4 | 9 | 10 |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 0 | |
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| 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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| 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
- 88
- 82
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 5
- Tax %
- 25.28%
- Net Profit
- 0
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 84
- 76
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 8
- Tax %
- 25.43%
- Net Profit
- 0
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 94
- 86
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 7
- Tax %
- 26.59%
- Net Profit
- 0
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 115
- 108
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 8
- Tax %
- 25.52%
- Net Profit
- 0
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 98
- 92
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 6
- Tax %
- 26.02%
- Net Profit
- 5
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 93
- 86
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 6
- Tax %
- 27.54%
- Net Profit
- 5
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 88
- 80
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 8
- Tax %
- 25.44%
- Net Profit
- 6
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 82
- 74
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 8
- Tax %
- 24.78%
- Net Profit
- 6
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 60
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 6
- Tax %
- 27.00%
- Net Profit
- 4
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 84
- 77
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 6
- Tax %
- 27.26%
- Net Profit
- 4
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 75
- 69
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 6
- Tax %
- 25.76%
- Net Profit
- 4
- 1
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 104
- 91
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 12
- Tax %
- 23.35%
- Net Profit
- 9
- 2
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 89
- 76
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 14
- Tax %
- 26.40%
- Net Profit
- 10
- 0
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 242 | 298 | 309 | 373 | 380 | 486 | 430 | 380 | 337 | 323 | 352 | |
| 227 | 276 | 284 | 340 | 339 | 442 | 416 | 352 | 308 | 290 | 312 | |
| Operating Profit | 15 | 23 | 25 | 34 | 41 | 47 | 16 | 33 | 33 | 36 | — |
| OPM % | 6 | 8 | 8 | 9 | 11 | 10 | 4 | 9 | 10 | 11 | — |
| Other Income | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 5 | 3 | 3 | 3 |
| Interest | 5 | 4 | 4 | 3 | 2 | 1 | 2 | 1 | 1 | 2 | 2 |
| Depreciation | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| 8 | 16 | 19 | 27 | 37 | 43 | 11 | 29 | 28 | 30 | 38 | |
| Tax % | 34 | 27 | 28 | 24 | 25 | 26 | 28 | 26 | 26 | 25 | 25 |
| Net Profit | 5 | 12 | 14 | 21 | 27 | 32 | 8 | 21 | 21 | 22 | 29 |
| EPS | 0 | 0 | 0 | 0 | 5 | 6 | 2 | 4 | 4 | 4 | — |
| Dividend Payout % | 10 | 7 | 11 | 9 | 8 | 12 | 35 | 16 | 77 | 28 | — |
| 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 | 1 | 2 | 3 | 4 | 5 | 6 | 2 | 4 | 4 | 4 | — |
| 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 | 1 | 2 | 3 | 4 | 5 | 6 | 2 | 4 | 4 | 4 | — |
Mar 2017
- 242
- 227
- Operating Profit
- 15
- OPM %
- 6
- Other Income
- 1
- Interest
- 5
- Depreciation
- 3
- 8
- Tax %
- 34
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 298
- 276
- Operating Profit
- 23
- OPM %
- 8
- Other Income
- 1
- Interest
- 4
- Depreciation
- 2
- 16
- Tax %
- 27
- Net Profit
- 12
- EPS
- 0
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 309
- 284
- Operating Profit
- 25
- OPM %
- 8
- Other Income
- 1
- Interest
- 4
- Depreciation
- 2
- 19
- Tax %
- 28
- Net Profit
- 14
- EPS
- 0
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2020
- 373
- 340
- Operating Profit
- 34
- OPM %
- 9
- Other Income
- 1
- Interest
- 3
- Depreciation
- 2
- 27
- Tax %
- 24
- Net Profit
- 21
- EPS
- 0
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2021
- 380
- 339
- Operating Profit
- 41
- OPM %
- 11
- Other Income
- 1
- Interest
- 2
- Depreciation
- 3
- 37
- Tax %
- 25
- Net Profit
- 27
- EPS
- 5
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2022
- 486
- 442
- Operating Profit
- 47
- OPM %
- 10
- Other Income
- 3
- Interest
- 1
- Depreciation
- 3
- 43
- Tax %
- 26
- Net Profit
- 32
- EPS
- 6
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 430
- 416
- Operating Profit
- 16
- OPM %
- 4
- Other Income
- 2
- Interest
- 2
- Depreciation
- 3
- 11
- Tax %
- 28
- Net Profit
- 8
- EPS
- 2
- Dividend Payout %
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 380
- 352
- Operating Profit
- 33
- OPM %
- 9
- Other Income
- 5
- Interest
- 1
- Depreciation
- 3
- 29
- Tax %
- 26
- Net Profit
- 21
- EPS
- 4
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 337
- 308
- Operating Profit
- 33
- OPM %
- 10
- Other Income
- 3
- Interest
- 1
- Depreciation
- 3
- 28
- Tax %
- 26
- Net Profit
- 21
- EPS
- 4
- Dividend Payout %
- 77
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2026
- 323
- 290
- Operating Profit
- 36
- OPM %
- 11
- Other Income
- 3
- Interest
- 2
- Depreciation
- 4
- 30
- Tax %
- 25
- Net Profit
- 22
- EPS
- 4
- Dividend Payout %
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
TTM
- 352
- 312
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 4
- 38
- Tax %
- 25
- Net Profit
- 29
- 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:
- 6%
- 5 Years:
- -3%
- 3 Years:
- -9%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 30%
- 5 Years:
- -4%
- 3 Years:
- 41%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 24%
- 5 Years:
- 16%
- 3 Years:
- 15%
- Last Year:
- 14%
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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| 20 | 30 | 43 | 62 | 88 | 117 | 121 | 139 | 147 | 164 | |
| 23 | 21 | 19 | 18 | 14 | 11 | 2 | 1 | 9 | 0 | |
| Trade Payables | 34 | 27 | 25 | 45 | 29 | 31 | 21 | 34 | 40 | 25 |
| 28 | 26 | 26 | 23 | 31 | 43 | 14 | 19 | 20 | 19 | |
| Total Liabilities | 110 | 109 | 119 | 153 | 166 | 207 | 164 | 199 | 221 | 214 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 36 | 34 | 33 | 37 | 35 | 37 | 40 | 41 | 39 | 46 | |
| Capital Work in Progress | 0 | 0 | 0 | 2 | 6 | 7 | 6 | 5 | 5 | 2 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 0 | 20 | |
| 25 | 26 | 33 | 39 | 45 | 46 | 30 | 38 | 71 | 48 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67 | 67 | 70 | |
| Cash & Bank | 3 | 4 | 6 | 8 | 8 | 13 | 20 | 19 | 9 | 10 |
| 46 | 45 | 46 | 67 | 72 | 103 | 68 | 18 | 29 | 18 | |
| Total Assets | 110 | 109 | 119 | 153 | 166 | 207 | 164 | 199 | 221 | 214 |
| Total Debt | 42 | 35 | 30 | 22 | 16 | 14 | 5 | 4 | 11 | 0 |
| Net Working Capital | 11 | 17 | 30 | 37 | 58 | 82 | 84 | 101 | 109 | 120 |
| Contingent Liabilities | 2 | 3 | 2 | 2 | 1 | 2 | 0 | 0 | 0 | 0 |
| Book Value per Share | 4.99 | 6.95 | 9.48 | 13.23 | 18.23 | 23.99 | 24.79 | 28.31 | 29.91 | 0.00 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 42 | 35 | 30 | 22 | 16 | 14 | 5 | 4 | 11 | 0 |
| Net Working Capital | 11 | 17 | 30 | 37 | 58 | 82 | 84 | 101 | 109 | 120 |
| Contingent Liabilities | 2 | 3 | 2 | 2 | 1 | 2 | 0 | 0 | 0 | 0 |
| Book Value per Share | 4.99 | 6.95 | 9.48 | 13.23 | 18.23 | 23.99 | 24.79 | 28.31 | 29.91 | 0.00 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 5
- 20
- 23
- Trade Payables
- 34
- 28
- Total Liabilities
- 110
- 36
- Capital Work in Progress
- 0
- 0
- 25
- 0
- Cash & Bank
- 3
- 46
- Total Assets
- 110
- Total Debt
- 42
- Net Working Capital
- 11
- Contingent Liabilities
- 2
- Book Value per Share
- 4.99
- Face Value
- 1.00
- Total Debt
- 42
- Net Working Capital
- 11
- Contingent Liabilities
- 2
- Book Value per Share
- 4.99
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 5
- 30
- 21
- Trade Payables
- 27
- 26
- Total Liabilities
- 109
- 34
- Capital Work in Progress
- 0
- 0
- 26
- 0
- Cash & Bank
- 4
- 45
- Total Assets
- 109
- Total Debt
- 35
- Net Working Capital
- 17
- Contingent Liabilities
- 3
- Book Value per Share
- 6.95
- Face Value
- 1.00
- Total Debt
- 35
- Net Working Capital
- 17
- Contingent Liabilities
- 3
- Book Value per Share
- 6.95
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 5
- 43
- 19
- Trade Payables
- 25
- 26
- Total Liabilities
- 119
- 33
- Capital Work in Progress
- 0
- 0
- 33
- 0
- Cash & Bank
- 6
- 46
- Total Assets
- 119
- Total Debt
- 30
- Net Working Capital
- 30
- Contingent Liabilities
- 2
- Book Value per Share
- 9.48
- Face Value
- 1.00
- Total Debt
- 30
- Net Working Capital
- 30
- Contingent Liabilities
- 2
- Book Value per Share
- 9.48
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 5
- 62
- 18
- Trade Payables
- 45
- 23
- Total Liabilities
- 153
- 37
- Capital Work in Progress
- 2
- 0
- 39
- 0
- Cash & Bank
- 8
- 67
- Total Assets
- 153
- Total Debt
- 22
- Net Working Capital
- 37
- Contingent Liabilities
- 2
- Book Value per Share
- 13.23
- Face Value
- 1.00
- Total Debt
- 22
- Net Working Capital
- 37
- Contingent Liabilities
- 2
- Book Value per Share
- 13.23
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 5
- 88
- 14
- Trade Payables
- 29
- 31
- Total Liabilities
- 166
- 35
- Capital Work in Progress
- 6
- 0
- 45
- 0
- Cash & Bank
- 8
- 72
- Total Assets
- 166
- Total Debt
- 16
- Net Working Capital
- 58
- Contingent Liabilities
- 1
- Book Value per Share
- 18.23
- Face Value
- 1.00
- Total Debt
- 16
- Net Working Capital
- 58
- Contingent Liabilities
- 1
- Book Value per Share
- 18.23
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 5
- 117
- 11
- Trade Payables
- 31
- 43
- Total Liabilities
- 207
- 37
- Capital Work in Progress
- 7
- 0
- 46
- 0
- Cash & Bank
- 13
- 103
- Total Assets
- 207
- Total Debt
- 14
- Net Working Capital
- 82
- Contingent Liabilities
- 2
- Book Value per Share
- 23.99
- Face Value
- 1.00
- Total Debt
- 14
- Net Working Capital
- 82
- Contingent Liabilities
- 2
- Book Value per Share
- 23.99
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 5
- 121
- 2
- Trade Payables
- 21
- 14
- Total Liabilities
- 164
- 40
- Capital Work in Progress
- 6
- 0
- 30
- 0
- Cash & Bank
- 20
- 68
- Total Assets
- 164
- Total Debt
- 5
- Net Working Capital
- 84
- Contingent Liabilities
- 0
- Book Value per Share
- 24.79
- Face Value
- 1.00
- Total Debt
- 5
- Net Working Capital
- 84
- Contingent Liabilities
- 0
- Book Value per Share
- 24.79
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 5
- 139
- 1
- Trade Payables
- 34
- 19
- Total Liabilities
- 199
- 41
- Capital Work in Progress
- 5
- 12
- 38
- 67
- Cash & Bank
- 19
- 18
- Total Assets
- 199
- Total Debt
- 4
- Net Working Capital
- 101
- Contingent Liabilities
- 0
- Book Value per Share
- 28.31
- Face Value
- 1.00
- Total Debt
- 4
- Net Working Capital
- 101
- Contingent Liabilities
- 0
- Book Value per Share
- 28.31
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 5
- 147
- 9
- Trade Payables
- 40
- 20
- Total Liabilities
- 221
- 39
- Capital Work in Progress
- 5
- 0
- 71
- 67
- Cash & Bank
- 9
- 29
- Total Assets
- 221
- Total Debt
- 11
- Net Working Capital
- 109
- Contingent Liabilities
- 0
- Book Value per Share
- 29.91
- Face Value
- 1.00
- Total Debt
- 11
- Net Working Capital
- 109
- Contingent Liabilities
- 0
- Book Value per Share
- 29.91
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 5
- 164
- 0
- Trade Payables
- 25
- 19
- Total Liabilities
- 214
- 46
- Capital Work in Progress
- 2
- 20
- 48
- 70
- Cash & Bank
- 10
- 18
- Total Assets
- 214
- Total Debt
- 0
- Net Working Capital
- 120
- Contingent Liabilities
- 0
- Book Value per Share
- 0.00
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 120
- Contingent Liabilities
- 0
- Book Value per Share
- 0.00
- Face Value
- 1.00
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 12 | 11 | 17 | 10 | 15 | 23 | 17 | -13 | 45 | |
| Cash from Investing | -0 | -0 | -0 | -7 | -5 | -6 | -12 | -10 | 12 | -26 |
| Cash from Financing | -4 | -11 | -9 | -9 | -5 | -4 | -11 | -5 | -8 | -18 |
| 2 | 1 | 2 | 2 | -0 | 5 | 0 | 2 | -9 | 1 | |
| Free Cash Flow | 6 | 11 | 11 | 9 | 5 | 10 | 18 | 16 | -13 | 38 |
| OCF / Net Profit | 1.35 | 0.99 | 0.81 | 0.84 | 0.38 | 0.46 | 2.86 | 0.79 | -0.60 | 2.01 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 42 | 46 | 52 | 57 | 35 | 68 |
| OCF / Net Profit | 1.35 | 0.99 | 0.81 | 0.84 | 0.38 | 0.46 | 2.86 | 0.79 | -0.60 | 2.01 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 42 | 46 | 52 | 57 | 35 | 68 |
Mar 2017
- 7
- Cash from Investing
- -0
- Cash from Financing
- -4
- 2
- Free Cash Flow
- 6
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
Mar 2018
- 12
- Cash from Investing
- -0
- Cash from Financing
- -11
- 1
- Free Cash Flow
- 11
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
Mar 2019
- 11
- Cash from Investing
- -0
- Cash from Financing
- -9
- 2
- Free Cash Flow
- 11
- OCF / Net Profit
- 0.81
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.81
- Cumulative 5-Year FCF
- 0
Mar 2020
- 17
- Cash from Investing
- -7
- Cash from Financing
- -9
- 2
- Free Cash Flow
- 9
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 0
Mar 2021
- 10
- Cash from Investing
- -5
- Cash from Financing
- -5
- -0
- Free Cash Flow
- 5
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 42
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 42
Mar 2022
- 15
- Cash from Investing
- -6
- Cash from Financing
- -4
- 5
- Free Cash Flow
- 10
- OCF / Net Profit
- 0.46
- Cumulative 5-Year FCF
- 46
- OCF / Net Profit
- 0.46
- Cumulative 5-Year FCF
- 46
Mar 2023
- 23
- Cash from Investing
- -12
- Cash from Financing
- -11
- 0
- Free Cash Flow
- 18
- OCF / Net Profit
- 2.86
- Cumulative 5-Year FCF
- 52
- OCF / Net Profit
- 2.86
- Cumulative 5-Year FCF
- 52
Mar 2024
- 17
- Cash from Investing
- -10
- Cash from Financing
- -5
- 2
- Free Cash Flow
- 16
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 57
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 57
Mar 2025
- -13
- Cash from Investing
- 12
- Cash from Financing
- -8
- -9
- Free Cash Flow
- -13
- OCF / Net Profit
- -0.60
- Cumulative 5-Year FCF
- 35
- OCF / Net Profit
- -0.60
- Cumulative 5-Year FCF
- 35
Mar 2026
- 45
- Cash from Investing
- -26
- Cash from Financing
- -18
- 1
- Free Cash Flow
- 38
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 68
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 68
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 (₹) | 0.98 | 2.30 | 2.72 | 4.10 | 5.38 | 6.25 | 1.55 | 4.16 | 4.11 | 4.40 |
| Book Value (₹) | 4.99 | 6.95 | 9.48 | 13.23 | 18.23 | 23.99 | 24.79 | 28.31 | 29.91 | 33.22 |
| Dividend per Share (₹) | 0.10 | 0.15 | 0.30 | 0.35 | 0.45 | 0.75 | 0.55 | 0.65 | 3.15 | 1.25 |
| Cash EPS (₹) | 1.52 | 2.78 | 3.14 | 4.51 | 5.89 | 6.77 | 2.15 | 4.75 | 4.73 | 5.17 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 6.37% | 7.61% | 8.10% | 9.11% | 10.81% | 9.66% | 3.73% | 7.40% | 8.74% | 10.11% |
| Net Margin % | 2.08% | 3.95% | 4.50% | 5.55% | 7.23% | 6.56% | 1.84% | 5.58% | 6.21% | 6.95% |
| ROE % | 21.69% | 38.58% | 33.14% | 35.69% | 34.21% | 29.63% | 6.37% | 15.68% | 14.12% | 13.97% |
| ROCE % | 19.43% | 29.25% | 30.73% | 36.20% | 38.66% | 36.15% | 9.72% | 21.20% | 18.83% | 19.01% |
| 5.16% | 10.70% | 12.18% | 15.24% | 17.19% | 17.08% | 4.27% | 11.69% | 9.98% | 10.35% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 43 | 42 | 37 | 37 | 44 | 41 | 53 | 60 | 72 | 77 |
| Inventory Days | 30 | 31 | 35 | 35 | 40 | 34 | 32 | 33 | 59 | 67 |
| Payable Days | 45 | 43 | 36 | 40 | 43 | 27 | 25 | 32 | 50 | 47 |
| 29 | 30 | 36 | 32 | 41 | 49 | 60 | 61 | 81 | 98 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.65x | 1.00x | 0.62x | 0.33x | 0.18x | 0.11x | 0.04x | 0.03x | 0.07x | 0.00x |
| Interest Coverage (x) | 2.49x | 4.99x | 6.48x | 9.93x | 22.72x | 32.37x | 6.29x | 24.47x | 26.89x | 20.30x |
| 1.18x | 1.31x | 1.54x | 1.49x | 1.87x | 2.45x | 3.82x | 3.13x | 2.76x | 4.10x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 36.41% | 23.16% | 3.70% | 20.70% | 1.92% | 27.98% | -11.44% | -11.62% | -11.32% | -4.25% |
| Operating Profit Growth % | 53.25% | 47.19% | 10.36% | 35.79% | 20.96% | 14.41% | -65.82% | 104.29% | 0.13% | 8.19% |
| Net Profit Growth % | 212.32% | 134.05% | 18.17% | 48.88% | 32.75% | 16.22% | -75.17% | 168.08% | -1.28% | 7.34% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 168.08% | -1.34% | 7.06% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 29.38x | 21.76x | 14.48x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.32x | 2.99x | 1.92x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.53% | 3.53% | 1.96% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.57x | 13.93x | 8.86x |
Mar 2017
- EPS (₹)
- 0.98
- Book Value (₹)
- 4.99
- Dividend per Share (₹)
- 0.10
- Cash EPS (₹)
- 1.52
- Operating Margin %
- 6.37%
- Net Margin %
- 2.08%
- ROE %
- 21.69%
- ROCE %
- 19.43%
- 5.16%
- Debtor Days
- 43
- Inventory Days
- 30
- Payable Days
- 45
- 29
- Debt to Equity (x)
- 1.65x
- Interest Coverage (x)
- 2.49x
- 1.18x
- Revenue Growth %
- 36.41%
- Operating Profit Growth %
- 53.25%
- Net Profit Growth %
- 212.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.30
- Book Value (₹)
- 6.95
- Dividend per Share (₹)
- 0.15
- Cash EPS (₹)
- 2.78
- Operating Margin %
- 7.61%
- Net Margin %
- 3.95%
- ROE %
- 38.58%
- ROCE %
- 29.25%
- 10.70%
- Debtor Days
- 42
- Inventory Days
- 31
- Payable Days
- 43
- 30
- Debt to Equity (x)
- 1.00x
- Interest Coverage (x)
- 4.99x
- 1.31x
- Revenue Growth %
- 23.16%
- Operating Profit Growth %
- 47.19%
- Net Profit Growth %
- 134.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 2.72
- Book Value (₹)
- 9.48
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 3.14
- Operating Margin %
- 8.10%
- Net Margin %
- 4.50%
- ROE %
- 33.14%
- ROCE %
- 30.73%
- 12.18%
- Debtor Days
- 37
- Inventory Days
- 35
- Payable Days
- 36
- 36
- Debt to Equity (x)
- 0.62x
- Interest Coverage (x)
- 6.48x
- 1.54x
- Revenue Growth %
- 3.70%
- Operating Profit Growth %
- 10.36%
- Net Profit Growth %
- 18.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 4.10
- Book Value (₹)
- 13.23
- Dividend per Share (₹)
- 0.35
- Cash EPS (₹)
- 4.51
- Operating Margin %
- 9.11%
- Net Margin %
- 5.55%
- ROE %
- 35.69%
- ROCE %
- 36.20%
- 15.24%
- Debtor Days
- 37
- Inventory Days
- 35
- Payable Days
- 40
- 32
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 9.93x
- 1.49x
- Revenue Growth %
- 20.70%
- Operating Profit Growth %
- 35.79%
- Net Profit Growth %
- 48.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 5.38
- Book Value (₹)
- 18.23
- Dividend per Share (₹)
- 0.45
- Cash EPS (₹)
- 5.89
- Operating Margin %
- 10.81%
- Net Margin %
- 7.23%
- ROE %
- 34.21%
- ROCE %
- 38.66%
- 17.19%
- Debtor Days
- 44
- Inventory Days
- 40
- Payable Days
- 43
- 41
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 22.72x
- 1.87x
- Revenue Growth %
- 1.92%
- Operating Profit Growth %
- 20.96%
- Net Profit Growth %
- 32.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 6.25
- Book Value (₹)
- 23.99
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 6.77
- Operating Margin %
- 9.66%
- Net Margin %
- 6.56%
- ROE %
- 29.63%
- ROCE %
- 36.15%
- 17.08%
- Debtor Days
- 41
- Inventory Days
- 34
- Payable Days
- 27
- 49
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 32.37x
- 2.45x
- Revenue Growth %
- 27.98%
- Operating Profit Growth %
- 14.41%
- Net Profit Growth %
- 16.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.55
- Book Value (₹)
- 24.79
- Dividend per Share (₹)
- 0.55
- Cash EPS (₹)
- 2.15
- Operating Margin %
- 3.73%
- Net Margin %
- 1.84%
- ROE %
- 6.37%
- ROCE %
- 9.72%
- 4.27%
- Debtor Days
- 53
- Inventory Days
- 32
- Payable Days
- 25
- 60
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 6.29x
- 3.82x
- Revenue Growth %
- -11.44%
- Operating Profit Growth %
- -65.82%
- Net Profit Growth %
- -75.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 4.16
- Book Value (₹)
- 28.31
- Dividend per Share (₹)
- 0.65
- Cash EPS (₹)
- 4.75
- Operating Margin %
- 7.40%
- Net Margin %
- 5.58%
- ROE %
- 15.68%
- ROCE %
- 21.20%
- 11.69%
- Debtor Days
- 60
- Inventory Days
- 33
- Payable Days
- 32
- 61
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 24.47x
- 3.13x
- Revenue Growth %
- -11.62%
- Operating Profit Growth %
- 104.29%
- Net Profit Growth %
- 168.08%
- 168.08%
- P/E (x)
- 29.38x
- P/B (x)
- 4.32x
- Dividend Yield %
- 0.53%
- 18.57x
Mar 2025
- EPS (₹)
- 4.11
- Book Value (₹)
- 29.91
- Dividend per Share (₹)
- 3.15
- Cash EPS (₹)
- 4.73
- Operating Margin %
- 8.74%
- Net Margin %
- 6.21%
- ROE %
- 14.12%
- ROCE %
- 18.83%
- 9.98%
- Debtor Days
- 72
- Inventory Days
- 59
- Payable Days
- 50
- 81
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 26.89x
- 2.76x
- Revenue Growth %
- -11.32%
- Operating Profit Growth %
- 0.13%
- Net Profit Growth %
- -1.28%
- -1.34%
- P/E (x)
- 21.76x
- P/B (x)
- 2.99x
- Dividend Yield %
- 3.53%
- 13.93x
Mar 2026
- EPS (₹)
- 4.40
- Book Value (₹)
- 33.22
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 5.17
- Operating Margin %
- 10.11%
- Net Margin %
- 6.95%
- ROE %
- 13.97%
- ROCE %
- 19.01%
- 10.35%
- Debtor Days
- 77
- Inventory Days
- 67
- Payable Days
- 47
- 98
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 20.30x
- 4.10x
- Revenue Growth %
- -4.25%
- Operating Profit Growth %
- 8.19%
- Net Profit Growth %
- 7.34%
- 7.06%
- P/E (x)
- 14.48x
- P/B (x)
- 1.92x
- Dividend Yield %
- 1.96%
- 8.86x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
May 2026
Jun 2025
Feb 2025

