Leap India Ltd.
•2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 5.49x)
CONS
- A large part of profit comes from other income (46.5% of PBT)
- Company has a low return on equity of 5.5% over last 3 years
- Company has a low return on capital employed of 7.8%
- Interest coverage is weak at 2.0x - earnings barely cover interest
- Free cash flow has been persistently negative
- Total debt has risen sharply - up 69.6% year on year
* 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 | 282.55 | 190.38 | 22004.26 | 0.00 | -457.78 | -514.43 | 12668.15 | 1196.88 | 2.74 | 23.76 |
| 2. | SAGILITY | 42.62 | 20.09 | 19951.82 | 0.35 | 216.81 | 45.94 | 1963.48 | 27.59 | 13.82 | 22.32 |
| 3. | SYNGENE | 395.35 | 72.21 | 15959.06 | 0.32 | -9.00 | -110.38 | 736.00 | -15.84 | 9.48 | 12.34 |
| 4. | IGIL | 335.75 | 23.80 | 14509.76 | 1.49 | 165.74 | 30.98 | 370.78 | 23.22 | 77.00 | 60.35 |
| 5. | INDGN | 566.05 | 34.01 | 13636.22 | 0.40 | 1162.00 | 898.28 | 10631.00 | 1297.34 | 18.92 | 16.39 |
| 6. | LEAPIND | 166.65 | 117.76 | 7341.54 | 0.00 | — | — | — | — | 9.32 | — |
| 7. | NESCO | 1030.45 | 17.59 | 7260.55 | 0.68 | 93.05 | 5.00 | 251.62 | 31.05 | 19.23 | 46.86 |
| 8. | SPARC | 199.45 | 4.09 | 6472.58 | 0.00 | -20.78 | 59.94 | 39.92 | 314.11 | 163.94 | -85.17 |
| 9. | SMARTWORKS | 511.70 | 209.98 | 5852.88 | 0.00 | 13.15 | 413.27 | 546.25 | 44.05 | 52.26 | 63.33 |
| 10. | LATENTVIEW | 281.75 | 29.84 | 5830.11 | 0.00 | 47.10 | -6.84 | 286.88 | 21.55 | 16.69 | 19.76 |
| 11. | JUSTDIAL | 680.05 | 15.94 | 5783.76 | 0.00 | 115.74 | 38.44 | 270.27 | 16.23 | 12.88 | 26.17 |
| 12. | INDIQUBE | 189.15 | 0.00 | 4009.94 | 0.00 | -23.88 | 35.03 | 422.69 | 36.66 | 54.58 | 61.15 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
No standalone quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 243 | 298 | 378 | |
| 126 | 116 | 151 | |
| Operating Profit | 124 | 203 | 253 |
| OPM % | 51 | 68 | 67 |
| Other Income | 6 | 21 | 26 |
| Interest | 41 | 44 | 58 |
| Depreciation | 73 | 105 | 140 |
| 9 | 54 | 55 | |
| Tax % | 0 | 24 | 28 |
| Net Profit | 9 | 41 | 40 |
| EPS | 5 | 15 | 13 |
| Dividend Payout % | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 1 | 4 | 3 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 1 | 4 | 3 |
- 243
- 126
- Operating Profit
- 124
- OPM %
- 51
- Other Income
- 6
- Interest
- 41
- Depreciation
- 73
- 9
- Tax %
- 0
- Net Profit
- 9
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 298
- 116
- Operating Profit
- 203
- OPM %
- 68
- Other Income
- 21
- Interest
- 44
- Depreciation
- 105
- 54
- Tax %
- 24
- Net Profit
- 41
- EPS
- 15
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- 378
- 151
- Operating Profit
- 253
- OPM %
- 67
- Other Income
- 26
- Interest
- 58
- Depreciation
- 140
- 55
- Tax %
- 28
- Net Profit
- 40
- EPS
- 13
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 5%
- Last Year:
- 7%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| 2 | 3 | 3 | |
| 524 | 526 | 611 | |
| 0 | 15 | 3 | |
| Trade Payables | 46 | 44 | 74 |
| 474 | 715 | 1,267 | |
| Total Liabilities | 1,046 | 1,302 | 1,958 |
| ASSETS | - | - | - |
| 801 | 931 | 1,380 | |
| Capital Work in Progress | 0 | 1 | 0 |
| 7 | 59 | 109 | |
| 17 | 13 | 20 | |
| 75 | 133 | 180 | |
| Cash & Bank | 8 | 5 | 13 |
| 139 | 159 | 255 | |
| Total Assets | 1,046 | 1,302 | 1,958 |
| Total Debt | 302 | 431 | 731 |
| Net Working Capital | -51 | 90 | 105 |
| Contingent Liabilities | 0 | 0 | 9 |
| Book Value per Share | 252.92 | 193.77 | 203.33 |
| Face Value | 1.00 | 1.00 | 1.00 |
| Total Debt | 302 | 431 | 731 |
| Net Working Capital | -51 | 90 | 105 |
| Contingent Liabilities | 0 | 0 | 9 |
| Book Value per Share | 252.92 | 193.77 | 203.33 |
| Face Value | 1.00 | 1.00 | 1.00 |
- 2
- 524
- 0
- Trade Payables
- 46
- 474
- Total Liabilities
- 1,046
- 801
- Capital Work in Progress
- 0
- 7
- 17
- 75
- Cash & Bank
- 8
- 139
- Total Assets
- 1,046
- Total Debt
- 302
- Net Working Capital
- -51
- Contingent Liabilities
- 0
- Book Value per Share
- 252.92
- Face Value
- 1.00
- Total Debt
- 302
- Net Working Capital
- -51
- Contingent Liabilities
- 0
- Book Value per Share
- 252.92
- Face Value
- 1.00
- 3
- 526
- 15
- Trade Payables
- 44
- 715
- Total Liabilities
- 1,302
- 931
- Capital Work in Progress
- 1
- 59
- 13
- 133
- Cash & Bank
- 5
- 159
- Total Assets
- 1,302
- Total Debt
- 431
- Net Working Capital
- 90
- Contingent Liabilities
- 0
- Book Value per Share
- 193.77
- Face Value
- 1.00
- Total Debt
- 431
- Net Working Capital
- 90
- Contingent Liabilities
- 0
- Book Value per Share
- 193.77
- Face Value
- 1.00
- 3
- 611
- 3
- Trade Payables
- 74
- 1,267
- Total Liabilities
- 1,958
- 1,380
- Capital Work in Progress
- 0
- 109
- 20
- 180
- Cash & Bank
- 13
- 255
- Total Assets
- 1,958
- Total Debt
- 731
- Net Working Capital
- 105
- Contingent Liabilities
- 9
- Book Value per Share
- 203.33
- Face Value
- 1.00
- Total Debt
- 731
- Net Working Capital
- 105
- Contingent Liabilities
- 9
- Book Value per Share
- 203.33
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 130 | 137 | 226 | |
| Cash from Investing | -141 | -305 | -1,298 |
| Cash from Financing | -7 | 167 | 1,043 |
| -17 | -0 | -28 | |
| Free Cash Flow | 130 | -45 | -519 |
| OCF / Net Profit | 13.93 | 3.36 | 5.70 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | 13.93 | 3.36 | 5.70 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
- 130
- Cash from Investing
- -141
- Cash from Financing
- -7
- -17
- Free Cash Flow
- 130
- OCF / Net Profit
- 13.93
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 13.93
- Cumulative 5-Year FCF
- 0
- 137
- Cash from Investing
- -305
- Cash from Financing
- 167
- -0
- Free Cash Flow
- -45
- OCF / Net Profit
- 3.36
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.36
- Cumulative 5-Year FCF
- 0
- 226
- Cash from Investing
- -1,298
- Cash from Financing
- 1,043
- -28
- Free Cash Flow
- -519
- OCF / Net Profit
- 5.70
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.70
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | 4.50 | 15.00 | 13.12 |
| Book Value (₹) | 252.92 | 193.77 | 203.33 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 9.91 | 13.40 | 14.88 |
| PROFITABILITY | - | - | - |
| Operating Margin % | 48.32% | 60.98% | 60.10% |
| Net Margin % | 3.85% | 13.75% | 10.47% |
| ROE % | 1.78% | 7.76% | 6.93% |
| ROCE % | 5.82% | 9.66% | 8.05% |
| 0.90% | 3.48% | 2.43% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 113 | 127 | 151 |
| Inventory Days | 25 | 18 | 16 |
| Payable Days | 3403 | 2346 | 1866 |
| -3265 | -2200 | -1699 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 0.53x | 0.60x | 0.79x |
| Interest Coverage (x) | 1.23x | 2.22x | 1.95x |
| 0.76x | 1.51x | 1.36x | |
| GROWTH | - | - | - |
| Revenue Growth % | 0.00% | 22.43% | 27.07% |
| Operating Profit Growth % | 0.00% | 63.87% | 24.63% |
| Net Profit Growth % | 0.00% | 336.75% | -3.17% |
| 0.00% | 233.02% | -12.50% | |
| VALUATION | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% |
| 2.72x | 3.05x | 4.07x |
- EPS (₹)
- 4.50
- Book Value (₹)
- 252.92
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.91
- Operating Margin %
- 48.32%
- Net Margin %
- 3.85%
- ROE %
- 1.78%
- ROCE %
- 5.82%
- 0.90%
- Debtor Days
- 113
- Inventory Days
- 25
- Payable Days
- 3403
- -3265
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- 1.23x
- 0.76x
- 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%
- 2.72x
- EPS (₹)
- 15.00
- Book Value (₹)
- 193.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.40
- Operating Margin %
- 60.98%
- Net Margin %
- 13.75%
- ROE %
- 7.76%
- ROCE %
- 9.66%
- 3.48%
- Debtor Days
- 127
- Inventory Days
- 18
- Payable Days
- 2346
- -2200
- Debt to Equity (x)
- 0.60x
- Interest Coverage (x)
- 2.22x
- 1.51x
- Revenue Growth %
- 22.43%
- Operating Profit Growth %
- 63.87%
- Net Profit Growth %
- 336.75%
- 233.02%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 3.05x
- EPS (₹)
- 13.12
- Book Value (₹)
- 203.33
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.88
- Operating Margin %
- 60.10%
- Net Margin %
- 10.47%
- ROE %
- 6.93%
- ROCE %
- 8.05%
- 2.43%
- Debtor Days
- 151
- Inventory Days
- 16
- Payable Days
- 1866
- -1699
- Debt to Equity (x)
- 0.79x
- Interest Coverage (x)
- 1.95x
- 1.36x
- Revenue Growth %
- 27.07%
- Operating Profit Growth %
- 24.63%
- Net Profit Growth %
- -3.17%
- -12.50%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 4.07x
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.

