Concord Enviro Systems Ltd.
•₹ 260-4.32%
2026-08-21
PROS
- Company has delivered good profit growth of 49.2% CAGR over last 5 years
- Company has consistently been profitable over the last 5 years
- Attractively priced for its growth - PEG of 0.4
- Company maintains a comfortable, low leverage position
CONS
- Recent results are weak - TTM profit is down 106.9% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.55x)
- Working capital days have increased from 123 to 197 days
- Effective tax rate is unusually low at 9.7% - earnings may be flattered
- Operating margins have contracted to 15.9% from 19.1%
* 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. | WABAG | 1976.15 | 31.27 | 12346.62 | 0.25 | 90.10 | 36.93 | 886.80 | 20.82 | 21.22 | 9.59 |
| 2. | IONEXCHANG | 372.60 | 55.72 | 5464.80 | 0.34 | 3.06 | -93.68 | 700.46 | 20.11 | 13.46 | 4.59 |
| 3. | AWHCL | 381.20 | 18.52 | 1081.93 | 0.13 | 0.75 | -96.74 | 260.99 | 5.52 | 13.11 | 14.25 |
| 4. | ECORECO | 460.90 | 37.60 | 903.21 | 0.00 | 9.17 | 13.35 | 16.19 | 75.22 | 43.18 | 56.27 |
| 5. | CEWATER | 274.80 | 0.00 | 568.73 | 0.00 | -175.69 | -4365.36 | 853.47 | 733.53 | 15.16 | -18.72 |
| 6. | RACE | 100.05 | 22.95 | 172.66 | 0.00 | 1.03 | 150.00 | 191.06 | 21.91 | 10.23 | 1.99 |
| 7. | BANKA | 78.40 | 240.91 | 86.00 | 0.00 | -0.04 | -295.00 | 10.55 | -5.29 | -8.20 | 17.27 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 97 | 123 | 200 | 103 | 162 | 123 | 207 | 102 | 125 | 125 | 206 | 85 | |
| 75 | 100 | 160 | 99 | 135 | 121 | 148 | 103 | 117 | 120 | 188 | 110 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 6 | 7 | 1 | 2 | 1 | 3 | 15 | 6 | 4 | 5 | 6 |
| Interest | 5 | 4 | 4 | 5 | 5 | 6 | 6 | 5 | 5 | 6 | 6 | 5 |
| Depreciation | 6 | 5 | 3 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 5 |
| 12 | 21 | 40 | -2 | 21 | -6 | 53 | 6 | 5 | -7 | 18 | -20 | |
| Tax % | -2.18% | 10.28% | 8.12% | -2.43% | 9.07% | -14.21% | 6.63% | 10.97% | -9.38% | 5.67% | 17.51% | 13.06% |
| Net Profit | 0 | 0 | 0 | 0 | 17 | -9 | 47 | 4 | 4 | -8 | 14 | -18 |
| 7 | 10 | 11 | -1 | 10 | -3 | 23 | 2 | 3 | -4 | 7 | -1 | |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 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% |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 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% |
Sep 2023
- 97
- 75
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 6
- 12
- Tax %
- -2.18%
- Net Profit
- 0
- 7
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 123
- 100
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 4
- Depreciation
- 5
- 21
- Tax %
- 10.28%
- Net Profit
- 0
- 10
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 200
- 160
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 4
- Depreciation
- 3
- 40
- Tax %
- 8.12%
- Net Profit
- 0
- 11
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 103
- 99
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 2
- -2
- Tax %
- -2.43%
- Net Profit
- 0
- -1
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 162
- 135
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 5
- Depreciation
- 3
- 21
- Tax %
- 9.07%
- Net Profit
- 17
- 10
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 123
- 121
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 6
- Depreciation
- 3
- -6
- Tax %
- -14.21%
- Net Profit
- -9
- -3
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 207
- 148
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6
- Depreciation
- 3
- 53
- Tax %
- 6.63%
- Net Profit
- 47
- 23
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 102
- 103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 5
- Depreciation
- 4
- 6
- Tax %
- 10.97%
- Net Profit
- 4
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 125
- 117
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 5
- Depreciation
- 4
- 5
- Tax %
- -9.38%
- Net Profit
- 4
- 3
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 125
- 120
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 6
- Depreciation
- 4
- -7
- Tax %
- 5.67%
- Net Profit
- -8
- -4
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 206
- 188
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 6
- Depreciation
- 5
- 18
- Tax %
- 17.51%
- Net Profit
- 14
- 7
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 85
- 110
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 5
- Depreciation
- 5
- -20
- Tax %
- 13.06%
- Net Profit
- -18
- -1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 298 | 383 | 348 | 329 | 343 | 497 | 594 | 541 | |
| 226 | 309 | 287 | 275 | 299 | 378 | 500 | 535 | |
| Operating Profit | 74 | 77 | 68 | 63 | 52 | 134 | 99 | — |
| OPM % | 25 | 20 | 20 | 19 | 15 | 27 | 17 | — |
| Other Income | 2 | 2 | 7 | 8 | 7 | 15 | 5 | 21 |
| Interest | 30 | 43 | 21 | 20 | 20 | 18 | 22 | 21 |
| Depreciation | 22 | 22 | 25 | 25 | 24 | 16 | 11 | 18 |
| 22 | 12 | 23 | 19 | 8 | 99 | 64 | -4 | |
| Tax % | 31 | 37 | 15 | 11 | 27 | 3 | 10 | 8 |
| Net Profit | 15 | 8 | 19 | 16 | 5 | 96 | 58 | -4 |
| EPS | 257 | 128 | 322 | 9 | 3 | 23 | 25 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 1 | -0 | 1 | 0 | 0 | 0 | 0 | -2 |
| Adjusted EPS | 257 | 128 | 322 | 193 | 3 | 23 | 25 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 1 | -0 | 1 | 0 | 0 | 0 | 0 | -2 |
| Adjusted EPS | 257 | 128 | 322 | 193 | 3 | 23 | 25 | — |
Mar 2019
- 298
- 226
- Operating Profit
- 74
- OPM %
- 25
- Other Income
- 2
- Interest
- 30
- Depreciation
- 22
- 22
- Tax %
- 31
- Net Profit
- 15
- EPS
- 257
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- 257
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- 257
Mar 2020
- 383
- 309
- Operating Profit
- 77
- OPM %
- 20
- Other Income
- 2
- Interest
- 43
- Depreciation
- 22
- 12
- Tax %
- 37
- Net Profit
- 8
- EPS
- 128
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 128
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 128
Mar 2021
- 348
- 287
- Operating Profit
- 68
- OPM %
- 20
- Other Income
- 7
- Interest
- 21
- Depreciation
- 25
- 23
- Tax %
- 15
- Net Profit
- 19
- EPS
- 322
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- 322
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- 322
Mar 2022
- 329
- 275
- Operating Profit
- 63
- OPM %
- 19
- Other Income
- 8
- Interest
- 20
- Depreciation
- 25
- 19
- Tax %
- 11
- Net Profit
- 16
- EPS
- 9
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 193
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 193
Mar 2023
- 343
- 299
- Operating Profit
- 52
- OPM %
- 15
- Other Income
- 7
- Interest
- 20
- Depreciation
- 24
- 8
- Tax %
- 27
- Net Profit
- 5
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 497
- 378
- Operating Profit
- 134
- OPM %
- 27
- Other Income
- 15
- Interest
- 18
- Depreciation
- 16
- 99
- Tax %
- 3
- Net Profit
- 96
- EPS
- 23
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2025
- 594
- 500
- Operating Profit
- 99
- OPM %
- 17
- Other Income
- 5
- Interest
- 22
- Depreciation
- 11
- 64
- Tax %
- 10
- Net Profit
- 58
- EPS
- 25
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
TTM
- 541
- 535
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 21
- Depreciation
- 18
- -4
- Tax %
- 8
- Net Profit
- -4
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- -2
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- -2
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 9%
- 3 Years:
- 22%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 46%
- 3 Years:
- 46%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -51%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 12%
- 3 Years:
- 16%
- Last Year:
- 14%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - |
| 0 | 0 | 0 | 0 | 9 | 9 | 10 | |
| -35 | -20 | -11 | 267 | 272 | 313 | 523 | |
| 78 | 357 | 335 | 85 | 98 | 118 | 118 | |
| Trade Payables | 79 | 99 | 84 | 74 | 87 | 116 | 137 |
| 298 | 92 | 121 | 118 | 137 | 82 | 72 | |
| Total Liabilities | 419 | 528 | 529 | 545 | 602 | 639 | 861 |
| ASSETS | - | - | - | - | - | - | - |
| 79 | 100 | 136 | 149 | 139 | 104 | 107 | |
| Capital Work in Progress | 3 | 5 | 8 | 0 | 0 | 1 | 4 |
| 13 | 20 | 20 | 22 | 56 | 60 | 66 | |
| 122 | 158 | 118 | 134 | 150 | 154 | 173 | |
| 0 | 0 | 0 | 0 | 0 | 171 | 174 | |
| Cash & Bank | 19 | 12 | 20 | 29 | 82 | 32 | 89 |
| 182 | 233 | 227 | 210 | 174 | 117 | 249 | |
| Total Assets | 419 | 528 | 529 | 545 | 602 | 639 | 861 |
| Total Debt | 313 | 362 | 367 | 126 | 131 | 153 | 131 |
| Net Working Capital | 93 | -137 | -117 | 138 | 127 | 168 | 321 |
| Contingent Liabilities | 38 | 38 | 48 | 78 | 97 | 95 | 82 |
| Book Value per Share | -11371.43 | -6554.22 | -3474.03 | 62850.94 | 154.37 | 177.23 | 257.86 |
| Face Value | 100.00 | 100.00 | 100.00 | 100.00 | 5.00 | 5.00 | 5.00 |
| Total Debt | 313 | 362 | 367 | 126 | 131 | 153 | 131 |
| Net Working Capital | 93 | -137 | -117 | 138 | 127 | 168 | 321 |
| Contingent Liabilities | 38 | 38 | 48 | 78 | 97 | 95 | 82 |
| Book Value per Share | -11371.43 | -6554.22 | -3474.03 | 62850.94 | 154.37 | 177.23 | 257.86 |
| Face Value | 100.00 | 100.00 | 100.00 | 100.00 | 5.00 | 5.00 | 5.00 |
Mar 2019
- 0
- -35
- 78
- Trade Payables
- 79
- 298
- Total Liabilities
- 419
- 79
- Capital Work in Progress
- 3
- 13
- 122
- 0
- Cash & Bank
- 19
- 182
- Total Assets
- 419
- Total Debt
- 313
- Net Working Capital
- 93
- Contingent Liabilities
- 38
- Book Value per Share
- -11371.43
- Face Value
- 100.00
- Total Debt
- 313
- Net Working Capital
- 93
- Contingent Liabilities
- 38
- Book Value per Share
- -11371.43
- Face Value
- 100.00
Mar 2020
- 0
- -20
- 357
- Trade Payables
- 99
- 92
- Total Liabilities
- 528
- 100
- Capital Work in Progress
- 5
- 20
- 158
- 0
- Cash & Bank
- 12
- 233
- Total Assets
- 528
- Total Debt
- 362
- Net Working Capital
- -137
- Contingent Liabilities
- 38
- Book Value per Share
- -6554.22
- Face Value
- 100.00
- Total Debt
- 362
- Net Working Capital
- -137
- Contingent Liabilities
- 38
- Book Value per Share
- -6554.22
- Face Value
- 100.00
Mar 2021
- 0
- -11
- 335
- Trade Payables
- 84
- 121
- Total Liabilities
- 529
- 136
- Capital Work in Progress
- 8
- 20
- 118
- 0
- Cash & Bank
- 20
- 227
- Total Assets
- 529
- Total Debt
- 367
- Net Working Capital
- -117
- Contingent Liabilities
- 48
- Book Value per Share
- -3474.03
- Face Value
- 100.00
- Total Debt
- 367
- Net Working Capital
- -117
- Contingent Liabilities
- 48
- Book Value per Share
- -3474.03
- Face Value
- 100.00
Mar 2022
- 0
- 267
- 85
- Trade Payables
- 74
- 118
- Total Liabilities
- 545
- 149
- Capital Work in Progress
- 0
- 22
- 134
- 0
- Cash & Bank
- 29
- 210
- Total Assets
- 545
- Total Debt
- 126
- Net Working Capital
- 138
- Contingent Liabilities
- 78
- Book Value per Share
- 62850.94
- Face Value
- 100.00
- Total Debt
- 126
- Net Working Capital
- 138
- Contingent Liabilities
- 78
- Book Value per Share
- 62850.94
- Face Value
- 100.00
Mar 2023
- 9
- 272
- 98
- Trade Payables
- 87
- 137
- Total Liabilities
- 602
- 139
- Capital Work in Progress
- 0
- 56
- 150
- 0
- Cash & Bank
- 82
- 174
- Total Assets
- 602
- Total Debt
- 131
- Net Working Capital
- 127
- Contingent Liabilities
- 97
- Book Value per Share
- 154.37
- Face Value
- 5.00
- Total Debt
- 131
- Net Working Capital
- 127
- Contingent Liabilities
- 97
- Book Value per Share
- 154.37
- Face Value
- 5.00
Mar 2024
- 9
- 313
- 118
- Trade Payables
- 116
- 82
- Total Liabilities
- 639
- 104
- Capital Work in Progress
- 1
- 60
- 154
- 171
- Cash & Bank
- 32
- 117
- Total Assets
- 639
- Total Debt
- 153
- Net Working Capital
- 168
- Contingent Liabilities
- 95
- Book Value per Share
- 177.23
- Face Value
- 5.00
- Total Debt
- 153
- Net Working Capital
- 168
- Contingent Liabilities
- 95
- Book Value per Share
- 177.23
- Face Value
- 5.00
Mar 2025
- 10
- 523
- 118
- Trade Payables
- 137
- 72
- Total Liabilities
- 861
- 107
- Capital Work in Progress
- 4
- 66
- 173
- 174
- Cash & Bank
- 89
- 249
- Total Assets
- 861
- Total Debt
- 131
- Net Working Capital
- 321
- Contingent Liabilities
- 82
- Book Value per Share
- 257.86
- Face Value
- 5.00
- Total Debt
- 131
- Net Working Capital
- 321
- Contingent Liabilities
- 82
- Book Value per Share
- 257.86
- Face Value
- 5.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 44 | 14 | 62 | 49 | 117 | -35 | 5 | |
| Cash from Investing | -24 | -12 | -22 | -28 | -50 | -3 | -122 |
| Cash from Financing | -23 | -1 | -33 | -12 | -27 | -4 | 125 |
| -2 | 1 | 7 | 9 | 41 | -42 | 7 | |
| Free Cash Flow | 44 | -21 | 33 | 20 | 98 | -35 | 5 |
| OCF / Net Profit | 2.90 | 1.75 | 3.25 | 2.98 | 21.39 | -0.36 | 0.08 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 95 | 121 |
| OCF / Net Profit | 2.90 | 1.75 | 3.25 | 2.98 | 21.39 | -0.36 | 0.08 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 95 | 121 |
Mar 2019
- 44
- Cash from Investing
- -24
- Cash from Financing
- -23
- -2
- Free Cash Flow
- 44
- OCF / Net Profit
- 2.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.90
- Cumulative 5-Year FCF
- 0
Mar 2020
- 14
- Cash from Investing
- -12
- Cash from Financing
- -1
- 1
- Free Cash Flow
- -21
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 0
Mar 2021
- 62
- Cash from Investing
- -22
- Cash from Financing
- -33
- 7
- Free Cash Flow
- 33
- OCF / Net Profit
- 3.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.25
- Cumulative 5-Year FCF
- 0
Mar 2022
- 49
- Cash from Investing
- -28
- Cash from Financing
- -12
- 9
- Free Cash Flow
- 20
- OCF / Net Profit
- 2.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.98
- Cumulative 5-Year FCF
- 0
Mar 2023
- 117
- Cash from Investing
- -50
- Cash from Financing
- -27
- 41
- Free Cash Flow
- 98
- OCF / Net Profit
- 21.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 21.39
- Cumulative 5-Year FCF
- 0
Mar 2024
- -35
- Cash from Investing
- -3
- Cash from Financing
- -4
- -42
- Free Cash Flow
- -35
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- 95
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- 95
Mar 2025
- 5
- Cash from Investing
- -122
- Cash from Financing
- 125
- 7
- Free Cash Flow
- 5
- OCF / Net Profit
- 0.08
- Cumulative 5-Year FCF
- 121
- OCF / Net Profit
- 0.08
- Cumulative 5-Year FCF
- 121
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - |
| EPS (₹) | 5146.75 | 2551.95 | 6432.47 | 3867.84 | 3.01 | 22.77 | 24.88 |
| Book Value (₹) | -11371.43 | -6554.22 | -3474.03 | 62850.94 | 154.37 | 177.23 | 257.86 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.00 | 480.39 | 0.00 | 492.45 | 16.39 | 61.76 | 33.62 |
| PROFITABILITY | - | - | - | - | - | - | - |
| Operating Margin % | 24.87% | 20.04% | 19.53% | 19.11% | 15.05% | 23.95% | 15.92% |
| Net Margin % | 5.11% | 2.05% | 5.51% | 5.00% | 1.60% | 19.34% | 9.79% |
| ROE % | 0.00% | 0.00% | 0.00% | 12.82% | 2.00% | 31.85% | 13.59% |
| ROCE % | 18.79% | 17.77% | 12.34% | 10.21% | 6.87% | 26.33% | 15.16% |
| 3.63% | 1.66% | 3.63% | 3.07% | 0.96% | 15.49% | 7.76% | |
| EFFICIENCY | - | - | - | - | - | - | - |
| Debtor Days | 156 | 131 | 158 | 155 | 125 | 102 | 106 |
| Inventory Days | 149 | 133 | 145 | 140 | 151 | 112 | 100 |
| Payable Days | 225 | 184 | 196 | 208 | 202 | 167 | 154 |
| 79 | 81 | 106 | 87 | 74 | 47 | 52 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - |
| Debt to Equity (x) | -8.93x | -17.95x | -34.29x | 0.47x | 0.47x | 0.47x | 0.24x |
| Interest Coverage (x) | 1.73x | 1.29x | 2.10x | 1.94x | 1.38x | 6.43x | 3.94x |
| 1.47x | 0.73x | 0.75x | 1.69x | 1.49x | 1.60x | 2.10x | |
| GROWTH | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 28.74% | -9.29% | -5.25% | 4.21% | 44.76% | 19.64% |
| Operating Profit Growth % | 0.00% | 3.74% | -11.59% | -7.30% | -17.91% | 159.08% | -25.78% |
| Net Profit Growth % | 0.00% | -48.33% | 143.72% | -14.01% | -66.70% | 1651.67% | -39.45% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 655.22% | 9.28% | |
| VALUATION | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 19.89x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.92x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.98x | 10.73x |
Mar 2019
- EPS (₹)
- 5146.75
- Book Value (₹)
- -11371.43
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- 24.87%
- Net Margin %
- 5.11%
- ROE %
- 0.00%
- ROCE %
- 18.79%
- 3.63%
- Debtor Days
- 156
- Inventory Days
- 149
- Payable Days
- 225
- 79
- Debt to Equity (x)
- -8.93x
- Interest Coverage (x)
- 1.73x
- 1.47x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2551.95
- Book Value (₹)
- -6554.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 480.39
- Operating Margin %
- 20.04%
- Net Margin %
- 2.05%
- ROE %
- 0.00%
- ROCE %
- 17.77%
- 1.66%
- Debtor Days
- 131
- Inventory Days
- 133
- Payable Days
- 184
- 81
- Debt to Equity (x)
- -17.95x
- Interest Coverage (x)
- 1.29x
- 0.73x
- Revenue Growth %
- 28.74%
- Operating Profit Growth %
- 3.74%
- Net Profit Growth %
- -48.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 6432.47
- Book Value (₹)
- -3474.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- 19.53%
- Net Margin %
- 5.51%
- ROE %
- 0.00%
- ROCE %
- 12.34%
- 3.63%
- Debtor Days
- 158
- Inventory Days
- 145
- Payable Days
- 196
- 106
- Debt to Equity (x)
- -34.29x
- Interest Coverage (x)
- 2.10x
- 0.75x
- Revenue Growth %
- -9.29%
- Operating Profit Growth %
- -11.59%
- Net Profit Growth %
- 143.72%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 3867.84
- Book Value (₹)
- 62850.94
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 492.45
- Operating Margin %
- 19.11%
- Net Margin %
- 5.00%
- ROE %
- 12.82%
- ROCE %
- 10.21%
- 3.07%
- Debtor Days
- 155
- Inventory Days
- 140
- Payable Days
- 208
- 87
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 1.94x
- 1.69x
- Revenue Growth %
- -5.25%
- Operating Profit Growth %
- -7.30%
- Net Profit Growth %
- -14.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 3.01
- Book Value (₹)
- 154.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 16.39
- Operating Margin %
- 15.05%
- Net Margin %
- 1.60%
- ROE %
- 2.00%
- ROCE %
- 6.87%
- 0.96%
- Debtor Days
- 125
- Inventory Days
- 151
- Payable Days
- 202
- 74
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 1.38x
- 1.49x
- Revenue Growth %
- 4.21%
- Operating Profit Growth %
- -17.91%
- Net Profit Growth %
- -66.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 22.77
- Book Value (₹)
- 177.23
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 61.76
- Operating Margin %
- 23.95%
- Net Margin %
- 19.34%
- ROE %
- 31.85%
- ROCE %
- 26.33%
- 15.49%
- Debtor Days
- 102
- Inventory Days
- 112
- Payable Days
- 167
- 47
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 6.43x
- 1.60x
- Revenue Growth %
- 44.76%
- Operating Profit Growth %
- 159.08%
- Net Profit Growth %
- 1651.67%
- 655.22%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.98x
Mar 2025
- EPS (₹)
- 24.88
- Book Value (₹)
- 257.86
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 33.62
- Operating Margin %
- 15.92%
- Net Margin %
- 9.79%
- ROE %
- 13.59%
- ROCE %
- 15.16%
- 7.76%
- Debtor Days
- 106
- Inventory Days
- 100
- Payable Days
- 154
- 52
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 3.94x
- 2.10x
- Revenue Growth %
- 19.64%
- Operating Profit Growth %
- -25.78%
- Net Profit Growth %
- -39.45%
- 9.28%
- P/E (x)
- 19.89x
- P/B (x)
- 1.92x
- Dividend Yield %
- 0.00%
- 10.73x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-17 - Pursuant to Regulation 30 of SEBI (LODR), 2015, enclosed herewith the transcript of Conference call of the Company held on August 12, 2026.
- Monitoring Agency Report
2026-08-13 - Pursuant to regulation 32 of SEBI (LODR), 2015, enclosed herewith the Monitoring Agency Report issued by ICRA Limited, for the quarter ended June 30, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026