Gretex Industries Ltd.
•₹ 3000%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 31.4%
- Promoters have been increasing their shareholding - up 12.0pp over 2 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.2%
- Company has delivered good sales growth of 39.7% CAGR over last 5 years
CONS
- Company is loss-making at the operating / net level
- Recent results are weak - TTM profit is down 324.2% versus prior year
- A large part of profit comes from other income (223.1% of PBT)
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.29x)
- Equity base is being diluted - shares outstanding up 268.2%
- Valuation is stretched - P/E of 308.3 is well above its own 5-year median (105.6)
* 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 | 2991.05 | 54.39 | 404905.20 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| 2. | PREMIERENE | 1037.30 | 28.28 | 47088.39 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 41.97 | 29.03 |
| 3. | AEGISLOG | 1332.75 | 37.39 | 46779.53 | 0.65 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| 4. | CPPLUS | 3472.80 | 86.08 | 41083.38 | 0.05 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| 5. | REDINGTON | 348.00 | 15.99 | 27205.75 | 1.72 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| 6. | HONASA | 484.20 | 63.43 | 15786.09 | 0.62 | 90.45 | 118.87 | 755.95 | 27.00 | 8.99 | 14.58 |
| 7. | LLOYDSENT | 78.44 | 106.64 | 11974.27 | 0.19 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| 8. | SGMART | 805.35 | 81.64 | 10150.24 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 11.45 | 4.49 |
| 9. | MMTC | 66.30 | 22.23 | 9945.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 6.90 | -1423.53 |
| 10. | CELLO | 362.85 | 25.62 | 8014.81 | 0.41 | 73.40 | -8.99 | 526.72 | -0.43 | 17.15 | 18.80 |
| 11. | EBGNG | 624.60 | 50.00 | 7121.16 | 0.00 | 28.93 | 56.21 | 412.46 | 32.08 | 20.14 | 11.97 |
| 12. | GRETEX | 300.00 | 315.96 | 465.18 | 0.00 | 1.29 | 18.51 | 16.19 | 62.73 | 3.58 | 4.69 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2024 | Sep 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|
| 7 | 8 | 5 | 12 | 14 | 15 | |
| 7 | 8 | 12 | 12 | 14 | 14 | |
| Operating Profit | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — |
| Other Income | 0 | 1 | -1 | 0 | 2 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | -0 | 0 | 0 | 0 |
| 0 | 1 | -8 | 0 | 2 | 1 | |
| Tax % | 17.14% | 20.97% | 1.15% | 23.40% | 13.55% | 14.29% |
| Net Profit | 0 | 0 | -8 | 0 | 1 | 0 |
| 0 | 1 | -0 | 0 | 1 | 1 | |
| Equity Capital | 15 | 15 | 15 | 16 | 16 | 16 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 15 | 15 | 15 | 16 | 16 | 16 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2024
- 7
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 17.14%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 8
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 20.97%
- Net Profit
- 0
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 5
- 12
- Operating Profit
- —
- OPM %
- —
- Other Income
- -1
- Interest
- 0
- Depreciation
- -0
- -8
- Tax %
- 1.15%
- Net Profit
- -8
- -0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 12
- 12
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 23.40%
- Net Profit
- 0
- 0
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 14
- 14
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 13.55%
- Net Profit
- 1
- 1
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 15
- 14
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 14.29%
- Net Profit
- 0
- 1
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 8 | 14 | 11 | 10 | 13 | 22 | 31 | 33 | 51 | 46 | |
| 2 | 8 | 14 | 11 | 9 | 13 | 21 | 31 | 32 | 52 | 52 | |
| Operating Profit | -0 | 0 | 0 | 0 | 0 | 0 | 1 | 14 | 4 | 2 | — |
| OPM % | -1 | 5 | 2 | 0 | 5 | 3 | 4 | 44 | 12 | 3 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 3 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -2 | 0 | 0 | -0 | 0 | 0 | 1 | 13 | 3 | 1 | -5 | |
| Tax % | 24 | 63 | 57 | 4 | 32 | -47 | 22 | 25 | -7 | -73 | -6 |
| Net Profit | -1 | 0 | 0 | -0 | 0 | 1 | 1 | 10 | 3 | 2 | -6 |
| EPS | -4 | 0 | 0 | -1 | -1 | 1 | 2 | 24 | 2 | 1 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| 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 | -3 | 0 | 0 | -0 | 1 | 1 | 2 | 24 | 2 | 1 | — |
| 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 | -3 | 0 | 0 | -0 | 1 | 1 | 2 | 24 | 2 | 1 | — |
Mar 2017
- 2
- 2
- Operating Profit
- -0
- OPM %
- -1
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -2
- Tax %
- 24
- Net Profit
- -1
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
Mar 2018
- 8
- 8
- Operating Profit
- 0
- OPM %
- 5
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 63
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 14
- 14
- Operating Profit
- 0
- OPM %
- 2
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 57
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 11
- 11
- Operating Profit
- 0
- OPM %
- 0
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 4
- Net Profit
- -0
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2021
- 10
- 9
- Operating Profit
- 0
- OPM %
- 5
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 32
- Net Profit
- 0
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 13
- 13
- Operating Profit
- 0
- OPM %
- 3
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- -47
- Net Profit
- 1
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 22
- 21
- Operating Profit
- 1
- OPM %
- 4
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 22
- Net Profit
- 1
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 31
- 31
- Operating Profit
- 14
- OPM %
- 44
- Other Income
- 13
- Interest
- 0
- Depreciation
- 0
- 13
- Tax %
- 25
- Net Profit
- 10
- EPS
- 24
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
Mar 2025
- 33
- 32
- Operating Profit
- 4
- OPM %
- 12
- Other Income
- 3
- Interest
- 1
- Depreciation
- 0
- 3
- Tax %
- -7
- Net Profit
- 3
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2026
- 51
- 52
- Operating Profit
- 2
- OPM %
- 3
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- -73
- Net Profit
- 2
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 46
- 52
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- -5
- Tax %
- -6
- Net Profit
- -6
- 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:
- 30%
- 5 Years:
- 40%
- 3 Years:
- 33%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 17%
- 5 Years:
- 45%
- 3 Years:
- 33%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 100%
- 3 Years:
- 97%
- 1 Year:
- 27%
RETURN ON EQUITY
- 10 Years:
- 8%
- 5 Years:
- 23%
- 3 Years:
- 29%
- Last Year:
- 4%
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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 15 | 16 |
| -0 | -0 | -0 | -0 | -1 | -0 | 0 | 19 | 12 | 29 | |
| 0 | 0 | 1 | 0 | 0 | 1 | 4 | 1 | 10 | 0 | |
| Trade Payables | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 4 | 7 |
| 1 | 1 | -0 | -0 | 0 | -0 | 0 | 4 | 2 | 9 | |
| Total Liabilities | 5 | 5 | 5 | 5 | 4 | 5 | 10 | 29 | 42 | 60 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 2 | |
| 1 | 0 | 0 | 0 | 0 | 1 | 1 | 14 | 17 | 32 | |
| 2 | 1 | 1 | 2 | 2 | 2 | 3 | 5 | 11 | 12 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 5 | |
| Cash & Bank | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 2 |
| 1 | 2 | 3 | 2 | 2 | 1 | 5 | 7 | 8 | 8 | |
| Total Assets | 5 | 5 | 5 | 5 | 4 | 5 | 10 | 29 | 42 | 60 |
| Total Debt | 1 | 1 | 1 | 0 | 0 | 1 | 4 | 1 | 10 | 0 |
| Net Working Capital | 3 | 4 | 3 | 3 | 3 | 2 | 1 | 9 | 8 | 19 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 9.37 | 9.53 | 9.58 | 9.03 | 8.28 | 9.56 | 11.09 | 56.10 | 18.06 | 28.75 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 1 | 1 | 1 | 0 | 0 | 1 | 4 | 1 | 10 | 0 |
| Net Working Capital | 3 | 4 | 3 | 3 | 3 | 2 | 1 | 9 | 8 | 19 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 9.37 | 9.53 | 9.58 | 9.03 | 8.28 | 9.56 | 11.09 | 56.10 | 18.06 | 28.75 |
| 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
- 4
- -0
- 0
- Trade Payables
- 0
- 1
- Total Liabilities
- 5
- 1
- 1
- 2
- 0
- Cash & Bank
- 0
- 1
- Total Assets
- 5
- Total Debt
- 1
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 9.37
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 9.37
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 4
- -0
- 0
- Trade Payables
- 0
- 1
- Total Liabilities
- 5
- 1
- 0
- 1
- 0
- Cash & Bank
- 0
- 2
- Total Assets
- 5
- Total Debt
- 1
- Net Working Capital
- 4
- Contingent Liabilities
- 0
- Book Value per Share
- 9.53
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 4
- Contingent Liabilities
- 0
- Book Value per Share
- 9.53
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 4
- -0
- 1
- Trade Payables
- 1
- -0
- Total Liabilities
- 5
- 1
- 0
- 1
- 0
- Cash & Bank
- 0
- 3
- Total Assets
- 5
- Total Debt
- 1
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 9.58
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 9.58
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 4
- -0
- 0
- Trade Payables
- 1
- -0
- Total Liabilities
- 5
- 1
- 0
- 2
- 0
- Cash & Bank
- 1
- 2
- Total Assets
- 5
- Total Debt
- 0
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 9.03
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 9.03
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 4
- -1
- 0
- Trade Payables
- 1
- 0
- Total Liabilities
- 4
- 0
- 0
- 2
- 0
- Cash & Bank
- 1
- 2
- Total Assets
- 4
- Total Debt
- 0
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 8.28
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 8.28
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 4
- -0
- 1
- Trade Payables
- 1
- -0
- Total Liabilities
- 5
- 0
- 1
- 2
- 0
- Cash & Bank
- 1
- 1
- Total Assets
- 5
- Total Debt
- 1
- Net Working Capital
- 2
- Contingent Liabilities
- 0
- Book Value per Share
- 9.56
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 2
- Contingent Liabilities
- 0
- Book Value per Share
- 9.56
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 4
- 0
- 4
- Trade Payables
- 0
- 0
- Total Liabilities
- 10
- 1
- 1
- 3
- 0
- Cash & Bank
- 0
- 5
- Total Assets
- 10
- Total Debt
- 4
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 11.09
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 11.09
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 4
- 19
- 1
- Trade Payables
- 1
- 4
- Total Liabilities
- 29
- 1
- 14
- 5
- 3
- Cash & Bank
- 0
- 7
- Total Assets
- 29
- Total Debt
- 1
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 56.10
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 56.10
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 15
- 12
- 10
- Trade Payables
- 4
- 2
- Total Liabilities
- 42
- 1
- 17
- 11
- 4
- Cash & Bank
- 0
- 8
- Total Assets
- 42
- Total Debt
- 10
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 18.06
- Face Value
- 10.00
- Total Debt
- 10
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 18.06
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 16
- 29
- 0
- Trade Payables
- 7
- 9
- Total Liabilities
- 60
- 2
- 32
- 12
- 5
- Cash & Bank
- 2
- 8
- Total Assets
- 60
- Total Debt
- 0
- Net Working Capital
- 19
- Contingent Liabilities
- 0
- Book Value per Share
- 28.75
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 19
- Contingent Liabilities
- 0
- Book Value per Share
- 28.75
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2 | -0 | 0 | 1 | -0 | 1 | -0 | 8 | -7 | 3 | |
| Cash from Investing | 1 | 1 | 0 | 0 | 0 | -1 | -0 | -4 | -1 | -16 |
| Cash from Financing | 1 | -0 | -1 | -0 | -0 | -0 | -0 | -4 | 8 | 14 |
| -0 | 0 | 0 | 0 | -0 | 0 | -0 | 0 | 0 | 1 | |
| Free Cash Flow | -2 | -0 | 0 | 1 | -0 | 1 | -1 | 8 | -8 | 2 |
| OCF / Net Profit | 1.46 | -5.53 | 14.54 | -5.77 | -0.74 | 2.53 | -0.39 | 0.81 | -2.13 | 1.97 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -2 | 2 | 1 | 9 | 0 | 3 |
| OCF / Net Profit | 1.46 | -5.53 | 14.54 | -5.77 | -0.74 | 2.53 | -0.39 | 0.81 | -2.13 | 1.97 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -2 | 2 | 1 | 9 | 0 | 3 |
Mar 2017
- -2
- Cash from Investing
- 1
- Cash from Financing
- 1
- -0
- Free Cash Flow
- -2
- OCF / Net Profit
- 1.46
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.46
- Cumulative 5-Year FCF
- 0
Mar 2018
- -0
- Cash from Investing
- 1
- Cash from Financing
- -0
- 0
- Free Cash Flow
- -0
- OCF / Net Profit
- -5.53
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -5.53
- Cumulative 5-Year FCF
- 0
Mar 2019
- 0
- Cash from Investing
- 0
- Cash from Financing
- -1
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- 14.54
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 14.54
- Cumulative 5-Year FCF
- 0
Mar 2020
- 1
- Cash from Investing
- 0
- Cash from Financing
- -0
- 0
- Free Cash Flow
- 1
- OCF / Net Profit
- -5.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -5.77
- Cumulative 5-Year FCF
- 0
Mar 2021
- -0
- Cash from Investing
- 0
- Cash from Financing
- -0
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- -0.74
- Cumulative 5-Year FCF
- -2
- OCF / Net Profit
- -0.74
- Cumulative 5-Year FCF
- -2
Mar 2022
- 1
- Cash from Investing
- -1
- Cash from Financing
- -0
- 0
- Free Cash Flow
- 1
- OCF / Net Profit
- 2.53
- Cumulative 5-Year FCF
- 2
- OCF / Net Profit
- 2.53
- Cumulative 5-Year FCF
- 2
Mar 2023
- -0
- Cash from Investing
- -0
- Cash from Financing
- -0
- -0
- Free Cash Flow
- -1
- OCF / Net Profit
- -0.39
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- -0.39
- Cumulative 5-Year FCF
- 1
Mar 2024
- 8
- Cash from Investing
- -4
- Cash from Financing
- -4
- 0
- Free Cash Flow
- 8
- OCF / Net Profit
- 0.81
- Cumulative 5-Year FCF
- 9
- OCF / Net Profit
- 0.81
- Cumulative 5-Year FCF
- 9
Mar 2025
- -7
- Cash from Investing
- -1
- Cash from Financing
- 8
- 0
- Free Cash Flow
- -8
- OCF / Net Profit
- -2.13
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.13
- Cumulative 5-Year FCF
- 0
Mar 2026
- 3
- Cash from Investing
- -16
- Cash from Financing
- 14
- 1
- Free Cash Flow
- 2
- OCF / Net Profit
- 1.97
- Cumulative 5-Year FCF
- 3
- OCF / Net Profit
- 1.97
- Cumulative 5-Year FCF
- 3
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 (₹) | -3.49 | 0.15 | 0.05 | -0.31 | 0.56 | 1.28 | 1.53 | 23.70 | 2.16 | 0.97 |
| Book Value (₹) | 9.37 | 9.53 | 9.58 | 9.03 | 8.28 | 9.56 | 11.09 | 56.10 | 18.06 | 28.75 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -2.92 | 0.48 | 0.38 | -0.01 | 0.73 | 1.39 | 1.61 | 23.91 | 2.33 | 1.29 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -1.34% | 5.40% | 2.14% | 0.41% | 4.33% | 3.34% | 4.11% | 0.89% | 2.09% | -0.59% |
| Net Margin % | -61.73% | 0.80% | 0.15% | -1.12% | 2.35% | 3.99% | 2.86% | 30.71% | 9.72% | 2.94% |
| ROE % | -43.78% | 1.63% | 0.54% | -3.32% | 6.46% | 14.35% | 14.81% | 70.55% | 12.70% | 4.22% |
| ROCE % | -30.81% | 5.81% | 3.34% | -1.82% | 9.71% | 9.70% | 12.75% | 80.07% | 11.65% | 2.59% |
| -23.35% | 1.23% | 0.41% | -2.44% | 4.90% | 10.95% | 8.38% | 50.69% | 8.95% | 2.94% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 187 | 74 | 57 | 59 | 44 | 27 | 26 | 28 | 40 | 32 |
| Inventory Days | 162 | 65 | 31 | 47 | 68 | 57 | 45 | 45 | 86 | 82 |
| Payable Days | 87 | 15 | 10 | 35 | 46 | 22 | 11 | 10 | 32 | 43 |
| 262 | 124 | 78 | 72 | 66 | 62 | 60 | 63 | 95 | 71 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.29x | 0.28x | 0.22x | 0.02x | 0.01x | 0.20x | 0.95x | 0.04x | 0.36x | 0.00x |
| Interest Coverage (x) | -11.15x | 2.45x | 1.43x | -1.46x | 27.37x | 10.52x | 13.18x | 53.79x | 6.29x | 4.07x |
| 5.54x | 10.11x | 4.11x | 2.98x | 4.75x | 2.57x | 1.20x | 2.50x | 1.57x | 3.36x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -35.96% | 237.84% | 76.59% | -21.57% | -13.64% | 35.73% | 67.49% | 42.25% | 5.77% | 55.82% |
| Operating Profit Growth % | -103.09% | 1459.79% | -29.85% | -84.50% | 818.60% | 3.99% | 105.36% | 1370.01% | -71.99% | -56.88% |
| Net Profit Growth % | -570.94% | 104.40% | -66.42% | -698.35% | 281.25% | 128.75% | 19.52% | 1450.17% | -67.95% | -52.90% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1450.12% | -90.89% | -55.00% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.73x | 105.58x | 308.33x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.15x | 12.63x | 10.42x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.06x | 91.04x | 281.46x |
Mar 2017
- EPS (₹)
- -3.49
- Book Value (₹)
- 9.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -2.92
- Operating Margin %
- -1.34%
- Net Margin %
- -61.73%
- ROE %
- -43.78%
- ROCE %
- -30.81%
- -23.35%
- Debtor Days
- 187
- Inventory Days
- 162
- Payable Days
- 87
- 262
- Debt to Equity (x)
- 0.29x
- Interest Coverage (x)
- -11.15x
- 5.54x
- Revenue Growth %
- -35.96%
- Operating Profit Growth %
- -103.09%
- Net Profit Growth %
- -570.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.15
- Book Value (₹)
- 9.53
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.48
- Operating Margin %
- 5.40%
- Net Margin %
- 0.80%
- ROE %
- 1.63%
- ROCE %
- 5.81%
- 1.23%
- Debtor Days
- 74
- Inventory Days
- 65
- Payable Days
- 15
- 124
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 2.45x
- 10.11x
- Revenue Growth %
- 237.84%
- Operating Profit Growth %
- 1459.79%
- Net Profit Growth %
- 104.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.05
- Book Value (₹)
- 9.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.38
- Operating Margin %
- 2.14%
- Net Margin %
- 0.15%
- ROE %
- 0.54%
- ROCE %
- 3.34%
- 0.41%
- Debtor Days
- 57
- Inventory Days
- 31
- Payable Days
- 10
- 78
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 1.43x
- 4.11x
- Revenue Growth %
- 76.59%
- Operating Profit Growth %
- -29.85%
- Net Profit Growth %
- -66.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -0.31
- Book Value (₹)
- 9.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.01
- Operating Margin %
- 0.41%
- Net Margin %
- -1.12%
- ROE %
- -3.32%
- ROCE %
- -1.82%
- -2.44%
- Debtor Days
- 59
- Inventory Days
- 47
- Payable Days
- 35
- 72
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- -1.46x
- 2.98x
- Revenue Growth %
- -21.57%
- Operating Profit Growth %
- -84.50%
- Net Profit Growth %
- -698.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.56
- Book Value (₹)
- 8.28
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.73
- Operating Margin %
- 4.33%
- Net Margin %
- 2.35%
- ROE %
- 6.46%
- ROCE %
- 9.71%
- 4.90%
- Debtor Days
- 44
- Inventory Days
- 68
- Payable Days
- 46
- 66
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 27.37x
- 4.75x
- Revenue Growth %
- -13.64%
- Operating Profit Growth %
- 818.60%
- Net Profit Growth %
- 281.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 1.28
- Book Value (₹)
- 9.56
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.39
- Operating Margin %
- 3.34%
- Net Margin %
- 3.99%
- ROE %
- 14.35%
- ROCE %
- 9.70%
- 10.95%
- Debtor Days
- 27
- Inventory Days
- 57
- Payable Days
- 22
- 62
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 10.52x
- 2.57x
- Revenue Growth %
- 35.73%
- Operating Profit Growth %
- 3.99%
- Net Profit Growth %
- 128.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.53
- Book Value (₹)
- 11.09
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.61
- Operating Margin %
- 4.11%
- Net Margin %
- 2.86%
- ROE %
- 14.81%
- ROCE %
- 12.75%
- 8.38%
- Debtor Days
- 26
- Inventory Days
- 45
- Payable Days
- 11
- 60
- Debt to Equity (x)
- 0.95x
- Interest Coverage (x)
- 13.18x
- 1.20x
- Revenue Growth %
- 67.49%
- Operating Profit Growth %
- 105.36%
- Net Profit Growth %
- 19.52%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 23.70
- Book Value (₹)
- 56.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 23.91
- Operating Margin %
- 0.89%
- Net Margin %
- 30.71%
- ROE %
- 70.55%
- ROCE %
- 80.07%
- 50.69%
- Debtor Days
- 28
- Inventory Days
- 45
- Payable Days
- 10
- 63
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 53.79x
- 2.50x
- Revenue Growth %
- 42.25%
- Operating Profit Growth %
- 1370.01%
- Net Profit Growth %
- 1450.17%
- 1450.12%
- P/E (x)
- 2.73x
- P/B (x)
- 1.15x
- Dividend Yield %
- 0.00%
- 2.06x
Mar 2025
- EPS (₹)
- 2.16
- Book Value (₹)
- 18.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.33
- Operating Margin %
- 2.09%
- Net Margin %
- 9.72%
- ROE %
- 12.70%
- ROCE %
- 11.65%
- 8.95%
- Debtor Days
- 40
- Inventory Days
- 86
- Payable Days
- 32
- 95
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 6.29x
- 1.57x
- Revenue Growth %
- 5.77%
- Operating Profit Growth %
- -71.99%
- Net Profit Growth %
- -67.95%
- -90.89%
- P/E (x)
- 105.58x
- P/B (x)
- 12.63x
- Dividend Yield %
- 0.00%
- 91.04x
Mar 2026
- EPS (₹)
- 0.97
- Book Value (₹)
- 28.75
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.29
- Operating Margin %
- -0.59%
- Net Margin %
- 2.94%
- ROE %
- 4.22%
- ROCE %
- 2.59%
- 2.94%
- Debtor Days
- 32
- Inventory Days
- 82
- Payable Days
- 43
- 71
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 4.07x
- 3.36x
- Revenue Growth %
- 55.82%
- Operating Profit Growth %
- -56.88%
- Net Profit Growth %
- -52.90%
- -55.00%
- P/E (x)
- 308.33x
- P/B (x)
- 10.42x
- Dividend Yield %
- 0.00%
- 281.46x
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