Dr Agarwals Eye Hospital Ltd.
•₹ 5,3951.66%
2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 33.7%
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.8%
- Company has delivered good sales growth of 27.5% CAGR over last 5 years
- Latest quarter profit grew 35.5% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.92x)
CONS
- Receivables are growing faster than sales - a possible quality concern
- Working capital days have increased from -30 to 29 days
- Stock is trading at 6.6x its book value
- Though reporting repeated profits, the company pays out little dividend (4.8%)
* 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. | APOLLOHOSP | 8720.00 | 60.00 | 125380.22 | 0.23 | 610.40 | 38.41 | 7043.50 | 20.56 | 21.73 | 15.70 |
| 2. | MAXHEALTH | 998.70 | 66.72 | 97201.12 | 0.20 | 322.96 | 4.87 | 2366.17 | 16.70 | 14.97 | 25.29 |
| 3. | MANIPALHOS | 724.25 | 106.76 | 95266.19 | 0.00 | 2434.30 | — | 30906.30 | — | 13.93 | 23.83 |
| 4. | FORTIS | 910.80 | 65.62 | 68761.59 | 0.11 | 272.80 | 2.26 | 2545.03 | 17.46 | 14.07 | 21.28 |
| 5. | ASTERDM | 761.40 | 208.26 | 66369.14 | 0.00 | 29.28 | -68.70 | 1310.68 | 21.60 | 11.46 | 19.53 |
| 6. | MEDANTA | 1408.60 | 68.10 | 37873.28 | 0.04 | 157.25 | -1.09 | 1304.05 | 26.50 | 20.50 | 21.99 |
| 7. | NH | 1797.40 | 45.01 | 36731.81 | 0.25 | 207.27 | 5.37 | 2683.63 | 78.05 | 16.20 | 17.43 |
| 8. | KIMS | 790.00 | 162.41 | 33180.51 | 0.00 | 37.40 | -56.00 | 1179.50 | 35.33 | 11.51 | 19.03 |
| 9. | LALPATHLAB | 1888.50 | 58.49 | 31698.25 | 1.09 | 1705.00 | 1172.39 | 7977.00 | 1090.95 | 29.56 | 31.03 |
| 10. | AGARWALEYE | 503.00 | 107.48 | 15946.42 | 0.00 | 55.02 | 44.56 | 614.02 | 25.97 | 14.32 | 27.75 |
| 11. | VIJAYA | 1497.20 | 82.25 | 15420.82 | 0.13 | 53.10 | 37.61 | 230.98 | 22.83 | 30.27 | 42.66 |
| 12. | DRAGARWQ | 5310.00 | 0.00 | 2566.23 | 0.13 | 23.38 | 35.46 | 142.97 | 22.28 | 29.21 | 30.26 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 79 | 84 | 76 | 81 | 100 | 102 | 95 | 100 | 117 | 118 | 116 | 120 | 143 | |
| 56 | 61 | 55 | 56 | 69 | 72 | 69 | 68 | 80 | 78 | 82 | 86 | 114 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 1 | 1 | 2 | 0 | 2 | 2 | 0 | 1 | 1 | 3 | 2 | 2 |
| Interest | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 3 | 4 | 4 | 2 | 2 | 3 |
| Depreciation | 6 | 6 | 7 | 8 | 10 | 9 | 10 | 10 | 11 | 11 | 12 | 12 | 11 |
| 16 | 17 | 13 | 17 | 19 | 19 | 14 | 19 | 23 | 26 | 23 | 21 | 31 | |
| Tax % | 25.74% | 24.38% | 25.79% | 26.24% | 25.38% | 26.03% | 26.03% | 14.03% | 25.57% | 24.88% | 26.31% | 23.58% | 24.48% |
| Net Profit | 12 | 13 | 9 | 13 | 14 | 14 | 10 | 16 | 17 | 19 | 17 | 16 | 23 |
| 25 | 27 | 20 | 27 | 30 | 30 | 22 | 34 | 37 | 41 | 36 | 34 | 5 | |
| 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
- 79
- 56
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 6
- 16
- Tax %
- 25.74%
- Net Profit
- 12
- 25
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 84
- 61
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 6
- 17
- Tax %
- 24.38%
- Net Profit
- 13
- 27
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 76
- 55
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 7
- 13
- Tax %
- 25.79%
- Net Profit
- 9
- 20
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 81
- 56
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 8
- 17
- Tax %
- 26.24%
- Net Profit
- 13
- 27
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 100
- 69
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 10
- 19
- Tax %
- 25.38%
- Net Profit
- 14
- 30
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 102
- 72
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 4
- Depreciation
- 9
- 19
- Tax %
- 26.03%
- Net Profit
- 14
- 30
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 95
- 69
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 4
- Depreciation
- 10
- 14
- Tax %
- 26.03%
- Net Profit
- 10
- 22
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 100
- 68
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 10
- 19
- Tax %
- 14.03%
- Net Profit
- 16
- 34
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 117
- 80
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 11
- 23
- Tax %
- 25.57%
- Net Profit
- 17
- 37
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 118
- 78
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 11
- 26
- Tax %
- 24.88%
- Net Profit
- 19
- 41
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 116
- 82
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 12
- 23
- Tax %
- 26.31%
- Net Profit
- 17
- 36
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 120
- 86
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 12
- 21
- Tax %
- 23.58%
- Net Profit
- 16
- 34
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 143
- 114
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 11
- 31
- Tax %
- 24.48%
- Net Profit
- 23
- 5
- Equity Capital
- 5
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 5
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 149 | 153 | 170 | 176 | 140 | 201 | 268 | 319 | 397 | 471 | 497 | |
| 126 | 129 | 140 | 129 | 110 | 143 | 192 | 227 | 278 | 325 | 360 | |
| Operating Profit | 24 | 27 | 32 | 50 | 32 | 60 | 78 | 97 | 125 | 153 | — |
| OPM % | 16 | 17 | 19 | 28 | 23 | 30 | 29 | 30 | 31 | 32 | — |
| Other Income | 2 | 2 | 2 | 3 | 2 | 1 | 2 | 5 | 6 | 6 | 7 |
| Interest | 4 | 3 | 4 | 9 | 7 | 7 | 8 | 8 | 15 | 14 | 10 |
| Depreciation | 9 | 10 | 11 | 21 | 19 | 20 | 20 | 27 | 39 | 46 | 47 |
| 11 | 13 | 17 | 20 | 6 | 32 | 49 | 62 | 71 | 94 | 101 | |
| Tax % | 33 | 49 | 32 | 31 | 125 | 25 | 25 | 26 | 23 | 25 | 25 |
| Net Profit | 7 | 7 | 12 | 14 | -1 | 24 | 37 | 46 | 55 | 70 | 76 |
| EPS | 16 | 14 | 25 | 29 | -3 | 51 | 79 | 99 | 116 | 145 | — |
| Dividend Payout % | 10 | 8 | 6 | 0 | 0 | 6 | 4 | 5 | 5 | 5 | — |
| 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 | 16 | 14 | 25 | 29 | -3 | 51 | 79 | 99 | 116 | 145 | — |
| 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 | 16 | 14 | 25 | 29 | -3 | 51 | 79 | 99 | 116 | 145 | — |
Mar 2017
- 149
- 126
- Operating Profit
- 24
- OPM %
- 16
- Other Income
- 2
- Interest
- 4
- Depreciation
- 9
- 11
- Tax %
- 33
- Net Profit
- 7
- EPS
- 16
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2018
- 153
- 129
- Operating Profit
- 27
- OPM %
- 17
- Other Income
- 2
- Interest
- 3
- Depreciation
- 10
- 13
- Tax %
- 49
- Net Profit
- 7
- EPS
- 14
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2019
- 170
- 140
- Operating Profit
- 32
- OPM %
- 19
- Other Income
- 2
- Interest
- 4
- Depreciation
- 11
- 17
- Tax %
- 32
- Net Profit
- 12
- EPS
- 25
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
Mar 2020
- 176
- 129
- Operating Profit
- 50
- OPM %
- 28
- Other Income
- 3
- Interest
- 9
- Depreciation
- 21
- 20
- Tax %
- 31
- Net Profit
- 14
- EPS
- 29
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 29
Mar 2021
- 140
- 110
- Operating Profit
- 32
- OPM %
- 23
- Other Income
- 2
- Interest
- 7
- Depreciation
- 19
- 6
- Tax %
- 125
- Net Profit
- -1
- 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 2022
- 201
- 143
- Operating Profit
- 60
- OPM %
- 30
- Other Income
- 1
- Interest
- 7
- Depreciation
- 20
- 32
- Tax %
- 25
- Net Profit
- 24
- EPS
- 51
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 51
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 51
Mar 2023
- 268
- 192
- Operating Profit
- 78
- OPM %
- 29
- Other Income
- 2
- Interest
- 8
- Depreciation
- 20
- 49
- Tax %
- 25
- Net Profit
- 37
- EPS
- 79
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 79
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 79
Mar 2024
- 319
- 227
- Operating Profit
- 97
- OPM %
- 30
- Other Income
- 5
- Interest
- 8
- Depreciation
- 27
- 62
- Tax %
- 26
- Net Profit
- 46
- EPS
- 99
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 99
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 99
Mar 2025
- 397
- 278
- Operating Profit
- 125
- OPM %
- 31
- Other Income
- 6
- Interest
- 15
- Depreciation
- 39
- 71
- Tax %
- 23
- Net Profit
- 55
- EPS
- 116
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 116
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 116
Mar 2026
- 471
- 325
- Operating Profit
- 153
- OPM %
- 32
- Other Income
- 6
- Interest
- 14
- Depreciation
- 46
- 94
- Tax %
- 25
- Net Profit
- 70
- EPS
- 145
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 145
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 145
TTM
- 497
- 360
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 10
- Depreciation
- 47
- 101
- Tax %
- 25
- Net Profit
- 76
- 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:
- 13%
- 5 Years:
- 27%
- 3 Years:
- 21%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 113%
- 5 Years:
- —
- 3 Years:
- 24%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 27%
- 5 Years:
- 33%
- 3 Years:
- 30%
- Last Year:
- 25%
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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| 25 | 30 | 41 | 51 | 50 | 73 | 109 | 152 | 205 | 341 | |
| 10 | 13 | 11 | 9 | 12 | 11 | 8 | 0 | 0 | 0 | |
| Trade Payables | 14 | 18 | 15 | 14 | 18 | 26 | 27 | 32 | 25 | 27 |
| 28 | 31 | 49 | 87 | 83 | 218 | 273 | 352 | 442 | 468 | |
| Total Liabilities | 81 | 96 | 120 | 166 | 167 | 333 | 422 | 541 | 677 | 841 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 33 | 36 | 55 | 94 | 96 | 214 | 260 | 316 | 393 | 403 | |
| Capital Work in Progress | 1 | 3 | 0 | 0 | 0 | 26 | 62 | 97 | 128 | 197 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 89 | |
| 6 | 7 | 6 | 8 | 5 | 6 | 6 | 10 | 13 | 14 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 14 | 19 | |
| Cash & Bank | 3 | 2 | 5 | 7 | 22 | 29 | 28 | 34 | 10 | 7 |
| 38 | 47 | 54 | 58 | 44 | 58 | 65 | 72 | 105 | 113 | |
| Total Assets | 81 | 96 | 120 | 166 | 167 | 333 | 422 | 541 | 677 | 841 |
| Total Debt | 23 | 18 | 24 | 18 | 22 | 32 | 44 | 51 | 96 | 82 |
| Net Working Capital | -7 | -14 | -5 | -10 | -5 | -32 | -9 | -21 | -32 | 37 |
| Contingent Liabilities | 7 | 8 | 7 | 7 | 2 | 2 | 2 | 2 | 23 | 17 |
| Book Value per Share | 62.56 | 74.59 | 97.00 | 119.36 | 116.30 | 166.32 | 241.15 | 334.36 | 445.98 | 716.98 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 23 | 18 | 24 | 18 | 22 | 32 | 44 | 51 | 96 | 82 |
| Net Working Capital | -7 | -14 | -5 | -10 | -5 | -32 | -9 | -21 | -32 | 37 |
| Contingent Liabilities | 7 | 8 | 7 | 7 | 2 | 2 | 2 | 2 | 23 | 17 |
| Book Value per Share | 62.56 | 74.59 | 97.00 | 119.36 | 116.30 | 166.32 | 241.15 | 334.36 | 445.98 | 716.98 |
| 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
- 5
- 25
- 10
- Trade Payables
- 14
- 28
- Total Liabilities
- 81
- 33
- Capital Work in Progress
- 1
- 0
- 6
- 0
- Cash & Bank
- 3
- 38
- Total Assets
- 81
- Total Debt
- 23
- Net Working Capital
- -7
- Contingent Liabilities
- 7
- Book Value per Share
- 62.56
- Face Value
- 10.00
- Total Debt
- 23
- Net Working Capital
- -7
- Contingent Liabilities
- 7
- Book Value per Share
- 62.56
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 5
- 30
- 13
- Trade Payables
- 18
- 31
- Total Liabilities
- 96
- 36
- Capital Work in Progress
- 3
- 0
- 7
- 0
- Cash & Bank
- 2
- 47
- Total Assets
- 96
- Total Debt
- 18
- Net Working Capital
- -14
- Contingent Liabilities
- 8
- Book Value per Share
- 74.59
- Face Value
- 10.00
- Total Debt
- 18
- Net Working Capital
- -14
- Contingent Liabilities
- 8
- Book Value per Share
- 74.59
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 5
- 41
- 11
- Trade Payables
- 15
- 49
- Total Liabilities
- 120
- 55
- Capital Work in Progress
- 0
- 0
- 6
- 0
- Cash & Bank
- 5
- 54
- Total Assets
- 120
- Total Debt
- 24
- Net Working Capital
- -5
- Contingent Liabilities
- 7
- Book Value per Share
- 97.00
- Face Value
- 10.00
- Total Debt
- 24
- Net Working Capital
- -5
- Contingent Liabilities
- 7
- Book Value per Share
- 97.00
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 5
- 51
- 9
- Trade Payables
- 14
- 87
- Total Liabilities
- 166
- 94
- Capital Work in Progress
- 0
- 0
- 8
- 0
- Cash & Bank
- 7
- 58
- Total Assets
- 166
- Total Debt
- 18
- Net Working Capital
- -10
- Contingent Liabilities
- 7
- Book Value per Share
- 119.36
- Face Value
- 10.00
- Total Debt
- 18
- Net Working Capital
- -10
- Contingent Liabilities
- 7
- Book Value per Share
- 119.36
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 5
- 50
- 12
- Trade Payables
- 18
- 83
- Total Liabilities
- 167
- 96
- Capital Work in Progress
- 0
- 0
- 5
- 0
- Cash & Bank
- 22
- 44
- Total Assets
- 167
- Total Debt
- 22
- Net Working Capital
- -5
- Contingent Liabilities
- 2
- Book Value per Share
- 116.30
- Face Value
- 10.00
- Total Debt
- 22
- Net Working Capital
- -5
- Contingent Liabilities
- 2
- Book Value per Share
- 116.30
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 5
- 73
- 11
- Trade Payables
- 26
- 218
- Total Liabilities
- 333
- 214
- Capital Work in Progress
- 26
- 0
- 6
- 0
- Cash & Bank
- 29
- 58
- Total Assets
- 333
- Total Debt
- 32
- Net Working Capital
- -32
- Contingent Liabilities
- 2
- Book Value per Share
- 166.32
- Face Value
- 10.00
- Total Debt
- 32
- Net Working Capital
- -32
- Contingent Liabilities
- 2
- Book Value per Share
- 166.32
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 5
- 109
- 8
- Trade Payables
- 27
- 273
- Total Liabilities
- 422
- 260
- Capital Work in Progress
- 62
- 0
- 6
- 0
- Cash & Bank
- 28
- 65
- Total Assets
- 422
- Total Debt
- 44
- Net Working Capital
- -9
- Contingent Liabilities
- 2
- Book Value per Share
- 241.15
- Face Value
- 10.00
- Total Debt
- 44
- Net Working Capital
- -9
- Contingent Liabilities
- 2
- Book Value per Share
- 241.15
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 5
- 152
- 0
- Trade Payables
- 32
- 352
- Total Liabilities
- 541
- 316
- Capital Work in Progress
- 97
- 0
- 10
- 13
- Cash & Bank
- 34
- 72
- Total Assets
- 541
- Total Debt
- 51
- Net Working Capital
- -21
- Contingent Liabilities
- 2
- Book Value per Share
- 334.36
- Face Value
- 10.00
- Total Debt
- 51
- Net Working Capital
- -21
- Contingent Liabilities
- 2
- Book Value per Share
- 334.36
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 5
- 205
- 0
- Trade Payables
- 25
- 442
- Total Liabilities
- 677
- 393
- Capital Work in Progress
- 128
- 13
- 13
- 14
- Cash & Bank
- 10
- 105
- Total Assets
- 677
- Total Debt
- 96
- Net Working Capital
- -32
- Contingent Liabilities
- 23
- Book Value per Share
- 445.98
- Face Value
- 10.00
- Total Debt
- 96
- Net Working Capital
- -32
- Contingent Liabilities
- 23
- Book Value per Share
- 445.98
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 5
- 341
- 0
- Trade Payables
- 27
- 468
- Total Liabilities
- 841
- 403
- Capital Work in Progress
- 197
- 89
- 14
- 19
- Cash & Bank
- 7
- 113
- Total Assets
- 841
- Total Debt
- 82
- Net Working Capital
- 37
- Contingent Liabilities
- 17
- Book Value per Share
- 716.98
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- 37
- Contingent Liabilities
- 17
- Book Value per Share
- 716.98
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 | 19 | 25 | 39 | 34 | 57 | 70 | 90 | 94 | 145 | |
| Cash from Investing | -8 | -11 | -25 | -17 | -11 | -46 | -71 | -70 | -133 | -174 |
| Cash from Financing | -12 | -8 | 2 | -20 | -8 | -4 | 0 | -14 | 17 | 25 |
| 0 | -0 | 2 | 2 | 15 | 7 | -1 | 6 | -23 | -4 | |
| Free Cash Flow | 20 | 4 | -0 | -21 | 14 | -107 | -36 | -27 | 16 | 22 |
| OCF / Net Profit | 2.74 | 2.74 | 2.10 | 2.82 | -23.55 | 2.35 | 1.89 | 1.94 | 1.71 | 2.07 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 17 | -111 | -150 | -177 | -140 | -131 |
| OCF / Net Profit | 2.74 | 2.74 | 2.10 | 2.82 | -23.55 | 2.35 | 1.89 | 1.94 | 1.71 | 2.07 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 17 | -111 | -150 | -177 | -140 | -131 |
Mar 2017
- 20
- Cash from Investing
- -8
- Cash from Financing
- -12
- 0
- Free Cash Flow
- 20
- OCF / Net Profit
- 2.74
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.74
- Cumulative 5-Year FCF
- 0
Mar 2018
- 19
- Cash from Investing
- -11
- Cash from Financing
- -8
- -0
- Free Cash Flow
- 4
- OCF / Net Profit
- 2.74
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.74
- Cumulative 5-Year FCF
- 0
Mar 2019
- 25
- Cash from Investing
- -25
- Cash from Financing
- 2
- 2
- Free Cash Flow
- -0
- OCF / Net Profit
- 2.10
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.10
- Cumulative 5-Year FCF
- 0
Mar 2020
- 39
- Cash from Investing
- -17
- Cash from Financing
- -20
- 2
- Free Cash Flow
- -21
- OCF / Net Profit
- 2.82
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.82
- Cumulative 5-Year FCF
- 0
Mar 2021
- 34
- Cash from Investing
- -11
- Cash from Financing
- -8
- 15
- Free Cash Flow
- 14
- OCF / Net Profit
- -23.55
- Cumulative 5-Year FCF
- 17
- OCF / Net Profit
- -23.55
- Cumulative 5-Year FCF
- 17
Mar 2022
- 57
- Cash from Investing
- -46
- Cash from Financing
- -4
- 7
- Free Cash Flow
- -107
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- -111
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- -111
Mar 2023
- 70
- Cash from Investing
- -71
- Cash from Financing
- 0
- -1
- Free Cash Flow
- -36
- OCF / Net Profit
- 1.89
- Cumulative 5-Year FCF
- -150
- OCF / Net Profit
- 1.89
- Cumulative 5-Year FCF
- -150
Mar 2024
- 90
- Cash from Investing
- -70
- Cash from Financing
- -14
- 6
- Free Cash Flow
- -27
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- -177
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- -177
Mar 2025
- 94
- Cash from Investing
- -133
- Cash from Financing
- 17
- -23
- Free Cash Flow
- 16
- OCF / Net Profit
- 1.71
- Cumulative 5-Year FCF
- -140
- OCF / Net Profit
- 1.71
- Cumulative 5-Year FCF
- -140
Mar 2026
- 145
- Cash from Investing
- -174
- Cash from Financing
- 25
- -4
- Free Cash Flow
- 22
- OCF / Net Profit
- 2.07
- Cumulative 5-Year FCF
- -131
- OCF / Net Profit
- 2.07
- Cumulative 5-Year FCF
- -131
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 (₹) | 15.61 | 14.42 | 25.35 | 29.11 | -3.06 | 51.28 | 78.55 | 98.64 | 116.28 | 145.13 |
| Book Value (₹) | 62.56 | 74.59 | 97.00 | 119.36 | 116.30 | 166.32 | 241.15 | 334.36 | 445.98 | 716.98 |
| Dividend per Share (₹) | 1.50 | 1.20 | 1.50 | 0.00 | 0.00 | 3.00 | 3.00 | 5.00 | 6.00 | 7.00 |
| Cash EPS (₹) | 34.21 | 35.23 | 48.57 | 74.29 | 37.58 | 94.66 | 121.49 | 155.26 | 200.21 | 239.63 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 16.07% | 17.32% | 18.79% | 28.28% | 22.74% | 29.77% | 28.95% | 28.81% | 30.01% | 31.08% |
| Net Margin % | 4.94% | 4.42% | 7.01% | 7.78% | -1.03% | 11.98% | 13.77% | 14.52% | 13.76% | 14.89% |
| ROE % | 27.78% | 21.02% | 29.55% | 26.91% | -2.60% | 36.29% | 38.56% | 34.28% | 29.80% | 25.22% |
| ROCE % | 28.26% | 31.70% | 34.30% | 39.87% | 16.92% | 42.40% | 42.98% | 38.59% | 33.26% | 29.21% |
| 8.87% | 7.65% | 11.01% | 9.55% | -0.86% | 9.63% | 9.78% | 9.63% | 8.97% | 9.23% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 19 | 16 | 17 | 16 | 20 | 16 | 13 | 13 | 12 | 13 |
| Inventory Days | 20 | 16 | 15 | 15 | 17 | 10 | 8 | 9 | 11 | 11 |
| Payable Days | 167 | 171 | 159 | 131 | 176 | 170 | 157 | 151 | 115 | 93 |
| -128 | -138 | -128 | -100 | -138 | -144 | -136 | -129 | -92 | -70 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.78x | 0.52x | 0.52x | 0.31x | 0.40x | 0.41x | 0.39x | 0.33x | 0.46x | 0.24x |
| Interest Coverage (x) | 3.64x | 4.92x | 5.82x | 3.32x | 1.82x | 5.48x | 7.14x | 8.50x | 5.76x | 7.89x |
| 0.73x | 0.62x | 0.84x | 0.75x | 0.94x | 0.61x | 0.84x | 0.85x | 0.63x | 1.38x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 8.77% | 3.22% | 10.91% | 3.47% | -20.54% | 43.92% | 33.24% | 19.10% | 24.38% | 18.56% |
| Operating Profit Growth % | 89.69% | 11.20% | 20.36% | 55.74% | -36.12% | 88.44% | 29.56% | 25.17% | 28.64% | 22.28% |
| Net Profit Growth % | 0.00% | -7.67% | 75.87% | 14.84% | -110.51% | 1775.24% | 53.20% | 25.57% | 17.88% | 28.27% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 25.57% | 17.88% | 24.82% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 31.46x | 34.85x | 32.38x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.28x | 9.09x | 6.55x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% | 0.15% | 0.15% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 15.19x | 15.93x | 15.34x |
Mar 2017
- EPS (₹)
- 15.61
- Book Value (₹)
- 62.56
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 34.21
- Operating Margin %
- 16.07%
- Net Margin %
- 4.94%
- ROE %
- 27.78%
- ROCE %
- 28.26%
- 8.87%
- Debtor Days
- 19
- Inventory Days
- 20
- Payable Days
- 167
- -128
- Debt to Equity (x)
- 0.78x
- Interest Coverage (x)
- 3.64x
- 0.73x
- Revenue Growth %
- 8.77%
- Operating Profit Growth %
- 89.69%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 14.42
- Book Value (₹)
- 74.59
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 35.23
- Operating Margin %
- 17.32%
- Net Margin %
- 4.42%
- ROE %
- 21.02%
- ROCE %
- 31.70%
- 7.65%
- Debtor Days
- 16
- Inventory Days
- 16
- Payable Days
- 171
- -138
- Debt to Equity (x)
- 0.52x
- Interest Coverage (x)
- 4.92x
- 0.62x
- Revenue Growth %
- 3.22%
- Operating Profit Growth %
- 11.20%
- Net Profit Growth %
- -7.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 25.35
- Book Value (₹)
- 97.00
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 48.57
- Operating Margin %
- 18.79%
- Net Margin %
- 7.01%
- ROE %
- 29.55%
- ROCE %
- 34.30%
- 11.01%
- Debtor Days
- 17
- Inventory Days
- 15
- Payable Days
- 159
- -128
- Debt to Equity (x)
- 0.52x
- Interest Coverage (x)
- 5.82x
- 0.84x
- Revenue Growth %
- 10.91%
- Operating Profit Growth %
- 20.36%
- Net Profit Growth %
- 75.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 29.11
- Book Value (₹)
- 119.36
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 74.29
- Operating Margin %
- 28.28%
- Net Margin %
- 7.78%
- ROE %
- 26.91%
- ROCE %
- 39.87%
- 9.55%
- Debtor Days
- 16
- Inventory Days
- 15
- Payable Days
- 131
- -100
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 3.32x
- 0.75x
- Revenue Growth %
- 3.47%
- Operating Profit Growth %
- 55.74%
- Net Profit Growth %
- 14.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -3.06
- Book Value (₹)
- 116.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 37.58
- Operating Margin %
- 22.74%
- Net Margin %
- -1.03%
- ROE %
- -2.60%
- ROCE %
- 16.92%
- -0.86%
- Debtor Days
- 20
- Inventory Days
- 17
- Payable Days
- 176
- -138
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 1.82x
- 0.94x
- Revenue Growth %
- -20.54%
- Operating Profit Growth %
- -36.12%
- Net Profit Growth %
- -110.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 51.28
- Book Value (₹)
- 166.32
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 94.66
- Operating Margin %
- 29.77%
- Net Margin %
- 11.98%
- ROE %
- 36.29%
- ROCE %
- 42.40%
- 9.63%
- Debtor Days
- 16
- Inventory Days
- 10
- Payable Days
- 170
- -144
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 5.48x
- 0.61x
- Revenue Growth %
- 43.92%
- Operating Profit Growth %
- 88.44%
- Net Profit Growth %
- 1775.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 78.55
- Book Value (₹)
- 241.15
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 121.49
- Operating Margin %
- 28.95%
- Net Margin %
- 13.77%
- ROE %
- 38.56%
- ROCE %
- 42.98%
- 9.78%
- Debtor Days
- 13
- Inventory Days
- 8
- Payable Days
- 157
- -136
- Debt to Equity (x)
- 0.39x
- Interest Coverage (x)
- 7.14x
- 0.84x
- Revenue Growth %
- 33.24%
- Operating Profit Growth %
- 29.56%
- Net Profit Growth %
- 53.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 98.64
- Book Value (₹)
- 334.36
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 155.26
- Operating Margin %
- 28.81%
- Net Margin %
- 14.52%
- ROE %
- 34.28%
- ROCE %
- 38.59%
- 9.63%
- Debtor Days
- 13
- Inventory Days
- 9
- Payable Days
- 151
- -129
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 8.50x
- 0.85x
- Revenue Growth %
- 19.10%
- Operating Profit Growth %
- 25.17%
- Net Profit Growth %
- 25.57%
- 25.57%
- P/E (x)
- 31.46x
- P/B (x)
- 9.28x
- Dividend Yield %
- 0.16%
- 15.19x
Mar 2025
- EPS (₹)
- 116.28
- Book Value (₹)
- 445.98
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 200.21
- Operating Margin %
- 30.01%
- Net Margin %
- 13.76%
- ROE %
- 29.80%
- ROCE %
- 33.26%
- 8.97%
- Debtor Days
- 12
- Inventory Days
- 11
- Payable Days
- 115
- -92
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 5.76x
- 0.63x
- Revenue Growth %
- 24.38%
- Operating Profit Growth %
- 28.64%
- Net Profit Growth %
- 17.88%
- 17.88%
- P/E (x)
- 34.85x
- P/B (x)
- 9.09x
- Dividend Yield %
- 0.15%
- 15.93x
Mar 2026
- EPS (₹)
- 145.13
- Book Value (₹)
- 716.98
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 239.63
- Operating Margin %
- 31.08%
- Net Margin %
- 14.89%
- ROE %
- 25.22%
- ROCE %
- 29.21%
- 9.23%
- Debtor Days
- 13
- Inventory Days
- 11
- Payable Days
- 93
- -70
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 7.89x
- 1.38x
- Revenue Growth %
- 18.56%
- Operating Profit Growth %
- 22.28%
- Net Profit Growth %
- 28.27%
- 24.82%
- P/E (x)
- 32.38x
- P/B (x)
- 6.55x
- Dividend Yield %
- 0.15%
- 15.34x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2025

