Leap India Ltd.
•2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 4.91x)
- Working capital cycle has improved - days down from 85 to 34
CONS
- Company has a low return on capital employed of 8.8%
- Company has a low return on equity of 7.8% over last 3 years
- Interest coverage is weak at 1.9x - earnings barely cover interest
- Free cash flow has been persistently negative
- Equity base is being diluted - shares outstanding up 480.4%
* 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. | PFOCUS | 279.00 | 187.99 | 21727.79 | 0.00 | -457.78 | -514.43 | 12668.15 | 1196.88 | 2.74 | 23.76 |
| 2. | SAGILITY | 42.46 | 20.02 | 19876.92 | 0.35 | 216.81 | 45.94 | 1963.48 | 27.59 | 13.82 | 22.32 |
| 3. | SYNGENE | 397.10 | 72.53 | 16029.70 | 0.31 | -9.00 | -110.38 | 736.00 | -15.84 | 9.48 | 12.34 |
| 4. | IGIL | 338.55 | 24.00 | 14630.77 | 1.48 | 165.74 | 30.98 | 370.78 | 23.22 | 77.00 | 60.35 |
| 5. | INDGN | 564.25 | 33.91 | 13592.86 | 0.40 | 1162.00 | 898.28 | 10631.00 | 1297.34 | 18.92 | 16.39 |
| 6. | NESCO | 1032.45 | 17.63 | 7274.64 | 0.68 | 93.05 | 5.00 | 251.62 | 31.05 | 19.23 | 46.86 |
| 7. | LEAPIND | 160.55 | 113.45 | 7072.81 | 0.00 | — | — | — | — | 9.32 | — |
| 8. | SPARC | 193.15 | 3.96 | 6268.13 | 0.00 | -20.78 | 59.94 | 39.92 | 314.11 | 163.94 | -85.17 |
| 9. | SMARTWORKS | 500.70 | 205.47 | 5727.06 | 0.00 | 13.15 | 413.27 | 546.25 | 44.05 | 52.26 | 63.33 |
| 10. | LATENTVIEW | 276.50 | 29.28 | 5721.48 | 0.00 | 47.10 | -6.84 | 286.88 | 21.55 | 16.69 | 19.76 |
| 11. | JUSTDIAL | 659.80 | 15.46 | 5611.54 | 0.00 | 115.74 | 38.44 | 270.27 | 16.23 | 12.88 | 26.17 |
| 12. | INDIQUBE | 191.25 | 0.00 | 4054.45 | 0.00 | -23.88 | 35.03 | 422.69 | 36.66 | 54.58 | 61.15 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
No quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 253 | 365 | 466 | 730 | |
| 132 | 162 | 211 | 369 | |
| Operating Profit | 126 | 210 | 274 | 379 |
| OPM % | 50 | 58 | 59 | 52 |
| Other Income | 5 | 7 | 19 | 18 |
| Interest | 42 | 51 | 68 | 94 |
| Depreciation | 74 | 113 | 154 | 204 |
| 10 | 47 | 52 | 81 | |
| Tax % | 8 | 20 | 28 | 23 |
| Net Profit | 9 | 37 | 38 | 62 |
| EPS | 4 | 14 | 12 | 5 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 3 | 3 | 5 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 3 | 3 | 5 |
- 253
- 132
- Operating Profit
- 126
- OPM %
- 50
- Other Income
- 5
- Interest
- 42
- Depreciation
- 74
- 10
- Tax %
- 8
- Net Profit
- 9
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 365
- 162
- Operating Profit
- 210
- OPM %
- 58
- Other Income
- 7
- Interest
- 51
- Depreciation
- 113
- 47
- Tax %
- 20
- Net Profit
- 37
- EPS
- 14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 466
- 211
- Operating Profit
- 274
- OPM %
- 59
- Other Income
- 19
- Interest
- 68
- Depreciation
- 154
- 52
- Tax %
- 28
- Net Profit
- 38
- EPS
- 12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 730
- 369
- Operating Profit
- 379
- OPM %
- 52
- Other Income
- 18
- Interest
- 94
- Depreciation
- 204
- 81
- Tax %
- 23
- Net Profit
- 62
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 42%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 91%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 8%
- Last Year:
- 10%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| 2 | 3 | 3 | 12 | |
| 523 | 521 | 604 | 670 | |
| 0 | 21 | 3 | 68 | |
| Trade Payables | 48 | 47 | 78 | 86 |
| 542 | 808 | 1,356 | 1,564 | |
| Total Liabilities | 1,115 | 1,400 | 2,042 | 2,401 |
| ASSETS | - | - | - | - |
| 911 | 1,084 | 1,555 | 1,819 | |
| Capital Work in Progress | 0 | 1 | 0 | 8 |
| 3 | 52 | 101 | 107 | |
| 18 | 15 | 23 | 33 | |
| 85 | 144 | 199 | 262 | |
| Cash & Bank | 12 | 9 | 27 | 7 |
| 86 | 95 | 136 | 164 | |
| Total Assets | 1,115 | 1,400 | 2,042 | 2,401 |
| Total Debt | 355 | 513 | 802 | 1,018 |
| Net Working Capital | -49 | 76 | 108 | 69 |
| Contingent Liabilities | 0 | 0 | 9 | 8 |
| Book Value per Share | 252.50 | 192.05 | 201.04 | 56.48 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 355 | 513 | 802 | 1,018 |
| Net Working Capital | -49 | 76 | 108 | 69 |
| Contingent Liabilities | 0 | 0 | 9 | 8 |
| Book Value per Share | 252.50 | 192.05 | 201.04 | 56.48 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 |
- 2
- 523
- 0
- Trade Payables
- 48
- 542
- Total Liabilities
- 1,115
- 911
- Capital Work in Progress
- 0
- 3
- 18
- 85
- Cash & Bank
- 12
- 86
- Total Assets
- 1,115
- Total Debt
- 355
- Net Working Capital
- -49
- Contingent Liabilities
- 0
- Book Value per Share
- 252.50
- Face Value
- 1.00
- Total Debt
- 355
- Net Working Capital
- -49
- Contingent Liabilities
- 0
- Book Value per Share
- 252.50
- Face Value
- 1.00
- 3
- 521
- 21
- Trade Payables
- 47
- 808
- Total Liabilities
- 1,400
- 1,084
- Capital Work in Progress
- 1
- 52
- 15
- 144
- Cash & Bank
- 9
- 95
- Total Assets
- 1,400
- Total Debt
- 513
- Net Working Capital
- 76
- Contingent Liabilities
- 0
- Book Value per Share
- 192.05
- Face Value
- 1.00
- Total Debt
- 513
- Net Working Capital
- 76
- Contingent Liabilities
- 0
- Book Value per Share
- 192.05
- Face Value
- 1.00
- 3
- 604
- 3
- Trade Payables
- 78
- 1,356
- Total Liabilities
- 2,042
- 1,555
- Capital Work in Progress
- 0
- 101
- 23
- 199
- Cash & Bank
- 27
- 136
- Total Assets
- 2,042
- Total Debt
- 802
- Net Working Capital
- 108
- Contingent Liabilities
- 9
- Book Value per Share
- 201.04
- Face Value
- 1.00
- Total Debt
- 802
- Net Working Capital
- 108
- Contingent Liabilities
- 9
- Book Value per Share
- 201.04
- Face Value
- 1.00
- 12
- 670
- 68
- Trade Payables
- 86
- 1,564
- Total Liabilities
- 2,401
- 1,819
- Capital Work in Progress
- 8
- 107
- 33
- 262
- Cash & Bank
- 7
- 164
- Total Assets
- 2,401
- Total Debt
- 1,018
- Net Working Capital
- 69
- Contingent Liabilities
- 8
- Book Value per Share
- 56.48
- Face Value
- 1.00
- Total Debt
- 1,018
- Net Working Capital
- 69
- Contingent Liabilities
- 8
- Book Value per Share
- 56.48
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 153 | 149 | 255 | 268 | |
| Cash from Investing | -201 | -339 | -1,295 | -360 |
| Cash from Financing | 34 | 189 | 1,021 | 72 |
| -14 | -1 | -19 | -20 | |
| Free Cash Flow | 153 | -81 | -518 | -136 |
| OCF / Net Profit | 16.98 | 4.01 | 6.79 | 4.30 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 16.98 | 4.01 | 6.79 | 4.30 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
- 153
- Cash from Investing
- -201
- Cash from Financing
- 34
- -14
- Free Cash Flow
- 153
- OCF / Net Profit
- 16.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 16.98
- Cumulative 5-Year FCF
- 0
- 149
- Cash from Investing
- -339
- Cash from Financing
- 189
- -1
- Free Cash Flow
- -81
- OCF / Net Profit
- 4.01
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.01
- Cumulative 5-Year FCF
- 0
- 255
- Cash from Investing
- -1,295
- Cash from Financing
- 1,021
- -19
- Free Cash Flow
- -518
- OCF / Net Profit
- 6.79
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 6.79
- Cumulative 5-Year FCF
- 0
- 268
- Cash from Investing
- -360
- Cash from Financing
- 72
- -20
- Free Cash Flow
- -136
- OCF / Net Profit
- 4.30
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.30
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 4.33 | 13.63 | 12.44 | 5.16 |
| Book Value (₹) | 252.50 | 192.05 | 201.04 | 56.48 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 9.98 | 13.73 | 15.85 | 22.09 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 47.95% | 55.61% | 54.72% | 49.48% |
| Net Margin % | 3.56% | 10.19% | 8.05% | 8.55% |
| ROE % | 1.72% | 7.09% | 6.64% | 9.68% |
| ROCE % | 5.66% | 9.05% | 8.15% | 9.32% |
| 0.81% | 2.96% | 2.18% | 2.81% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 123 | 114 | 134 | 115 |
| Inventory Days | 26 | 17 | 15 | 14 |
| Payable Days | 3461 | 1731 | 1978 | 1005 |
| -3312 | -1600 | -1829 | -876 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 0.63x | 0.72x | 0.88x | 1.02x |
| Interest Coverage (x) | 1.23x | 1.92x | 1.77x | 1.86x |
| 0.78x | 1.36x | 1.33x | 1.15x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 44.05% | 27.81% | 56.39% |
| Operating Profit Growth % | 0.00% | 66.22% | 30.43% | 38.36% |
| Net Profit Growth % | 0.00% | 312.54% | 1.03% | 65.99% |
| 0.00% | 214.55% | -8.68% | -58.51% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 3.06x | 3.32x | 3.97x | 3.53x |
- EPS (₹)
- 4.33
- Book Value (₹)
- 252.50
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.98
- Operating Margin %
- 47.95%
- Net Margin %
- 3.56%
- ROE %
- 1.72%
- ROCE %
- 5.66%
- 0.81%
- Debtor Days
- 123
- Inventory Days
- 26
- Payable Days
- 3461
- -3312
- Debt to Equity (x)
- 0.63x
- Interest Coverage (x)
- 1.23x
- 0.78x
- 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%
- 3.06x
- EPS (₹)
- 13.63
- Book Value (₹)
- 192.05
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.73
- Operating Margin %
- 55.61%
- Net Margin %
- 10.19%
- ROE %
- 7.09%
- ROCE %
- 9.05%
- 2.96%
- Debtor Days
- 114
- Inventory Days
- 17
- Payable Days
- 1731
- -1600
- Debt to Equity (x)
- 0.72x
- Interest Coverage (x)
- 1.92x
- 1.36x
- Revenue Growth %
- 44.05%
- Operating Profit Growth %
- 66.22%
- Net Profit Growth %
- 312.54%
- 214.55%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 3.32x
- EPS (₹)
- 12.44
- Book Value (₹)
- 201.04
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.85
- Operating Margin %
- 54.72%
- Net Margin %
- 8.05%
- ROE %
- 6.64%
- ROCE %
- 8.15%
- 2.18%
- Debtor Days
- 134
- Inventory Days
- 15
- Payable Days
- 1978
- -1829
- Debt to Equity (x)
- 0.88x
- Interest Coverage (x)
- 1.77x
- 1.33x
- Revenue Growth %
- 27.81%
- Operating Profit Growth %
- 30.43%
- Net Profit Growth %
- 1.03%
- -8.68%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 3.97x
- EPS (₹)
- 5.16
- Book Value (₹)
- 56.48
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 22.09
- Operating Margin %
- 49.48%
- Net Margin %
- 8.55%
- ROE %
- 9.68%
- ROCE %
- 9.32%
- 2.81%
- Debtor Days
- 115
- Inventory Days
- 14
- Payable Days
- 1005
- -876
- Debt to Equity (x)
- 1.02x
- Interest Coverage (x)
- 1.86x
- 1.15x
- Revenue Growth %
- 56.39%
- Operating Profit Growth %
- 38.36%
- Net Profit Growth %
- 65.99%
- -58.51%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 3.53x
Documents
Announcements
- Disclosure under SEBI Takeover Regulations
2026-08-17 - Goh Ping Hao has submitted to the Exchange a copy of Disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011.
- Updates
2026-08-14 - LEAP India Limited has informed the Exchange regarding 'Disclosure under Regulation 8(2) of SEBI PIT Regulations'.
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.

