Nitta Gelatin India Ltd.
•₹ 1,584.60.44%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Gelatin: 53.6% • Di-Calcium Phosphate (DCP): 20.1% • Collagen Peptide: 13.8% • Ossein: 11.7% • Others: 0.8%
PROS
- Company has delivered good profit growth of 40.5% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 30.7%
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.6%
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 31.6% YoY, showing strong momentum
CONS
- Valuation is stretched - P/E of 13.7 is well above its own 5-year median (7.4)
- Growth is decelerating - 3Y profit CAGR (10.0%) trails the 5Y trend (40.5%)
- Though reporting repeated profits, the company pays out little dividend (6.5%)
* 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. | SOLARINDS | 19800.00 | 89.97 | 179170.31 | 0.06 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1650.00 | 63.40 | 167935.41 | 1.30 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2575.00 | 35.31 | 76329.39 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4679.55 | 83.59 | 51404.86 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8281.50 | 53.80 | 42484.11 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1217.10 | 34.87 | 40998.14 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1767.85 | 30.78 | 24112.24 | 0.42 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1639.40 | 92.52 | 21759.40 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6581.75 | 24.36 | 19377.83 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 526.90 | 35.99 | 19112.07 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1474.65 | 18.98 | 18678.34 | 0.68 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | NITTAGELA | 1561.90 | 13.73 | 1418.07 | 0.45 | 25.18 | 31.63 | 140.87 | 1.50 | 27.83 | 24.46 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 128 | 140 | 134 | 130 | 130 | 132 | 135 | 129 | 139 | 138 | 150 | 162 | 141 | |
| 90 | 108 | 102 | 110 | 102 | 107 | 107 | 106 | 111 | 112 | 112 | 116 | 111 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 3 | 0 | 5 | 2 | 4 | 3 | 2 | 2 | 4 | 1 | 5 | 4 |
| Interest | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 |
| 38 | 30 | 29 | 20 | 27 | 27 | 33 | 26 | 26 | 26 | 35 | 46 | 34 | |
| Tax % | 25.43% | 26.75% | 28.40% | 32.55% | 25.34% | 24.36% | 24.70% | 24.57% | 25.17% | 25.98% | 27.10% | 26.42% | 25.60% |
| Net Profit | 0 | 0 | 0 | 0 | 20 | 20 | 24 | 20 | 19 | 18 | 26 | 34 | 25 |
| 30 | 23 | 22 | 15 | 22 | 22 | 27 | 22 | 22 | 21 | 28 | 38 | 3 | |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| 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 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| 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
- 128
- 90
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- 38
- Tax %
- 25.43%
- Net Profit
- 0
- 30
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 140
- 108
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- 30
- Tax %
- 26.75%
- Net Profit
- 0
- 23
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 134
- 102
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 4
- 29
- Tax %
- 28.40%
- Net Profit
- 0
- 22
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 130
- 110
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 4
- 20
- Tax %
- 32.55%
- Net Profit
- 0
- 15
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 130
- 102
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 3
- 27
- Tax %
- 25.34%
- Net Profit
- 20
- 22
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 132
- 107
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 3
- 27
- Tax %
- 24.36%
- Net Profit
- 20
- 22
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 135
- 107
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 3
- 33
- Tax %
- 24.70%
- Net Profit
- 24
- 27
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 129
- 106
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 3
- 26
- Tax %
- 24.57%
- Net Profit
- 20
- 22
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 139
- 111
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 3
- 26
- Tax %
- 25.17%
- Net Profit
- 19
- 22
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 138
- 112
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 4
- 26
- Tax %
- 25.98%
- Net Profit
- 18
- 21
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 150
- 112
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 4
- 35
- Tax %
- 27.10%
- Net Profit
- 26
- 28
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 162
- 116
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 4
- 46
- Tax %
- 26.42%
- Net Profit
- 34
- 38
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 141
- 111
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 4
- 34
- Tax %
- 25.60%
- Net Profit
- 25
- 3
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 356 | 342 | 303 | 342 | 396 | 506 | 565 | 533 | 527 | 588 | 590 | |
| 320 | 313 | 273 | 306 | 351 | 442 | 452 | 409 | 421 | 451 | 451 | |
| Operating Profit | 45 | 34 | 31 | 37 | 46 | 69 | 114 | 134 | 116 | 150 | — |
| OPM % | 13 | 10 | 10 | 11 | 12 | 14 | 20 | 25 | 22 | 25 | — |
| Other Income | 9 | 5 | 1 | 2 | 1 | 5 | 1 | 11 | 10 | 13 | 14 |
| Interest | 7 | 7 | 9 | 8 | 6 | 5 | 4 | 3 | 2 | 1 | 1 |
| Depreciation | 14 | 15 | 15 | 16 | 16 | 14 | 14 | 15 | 13 | 15 | 16 |
| 24 | 12 | 7 | 13 | 25 | 49 | 99 | 116 | 113 | 133 | 141 | |
| Tax % | 49 | 61 | 33 | 8 | 29 | 29 | 25 | 28 | 25 | 26 | 26 |
| Net Profit | 12 | 5 | 5 | 12 | 18 | 35 | 74 | 84 | 85 | 98 | 104 |
| EPS | 0 | 0 | 0 | 0 | 19 | 36 | 77 | 91 | 92 | 107 | — |
| Dividend Payout % | 16 | 51 | 39 | 20 | 16 | 11 | 10 | 7 | 9 | 7 | — |
| Minority Interest | 2 | -0 | -1 | -1 | -1 | -2 | -4 | -1 | -0 | 0 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 16 | 5 | 4 | 12 | 19 | 36 | 77 | 91 | 92 | 107 | — |
| Minority Interest | 2 | -0 | -1 | -1 | -1 | -2 | -4 | -1 | -0 | 0 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 16 | 5 | 4 | 12 | 19 | 36 | 77 | 91 | 92 | 107 | — |
Mar 2017
- 356
- 320
- Operating Profit
- 45
- OPM %
- 13
- Other Income
- 9
- Interest
- 7
- Depreciation
- 14
- 24
- Tax %
- 49
- Net Profit
- 12
- EPS
- 0
- Dividend Payout %
- 16
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2018
- 342
- 313
- Operating Profit
- 34
- OPM %
- 10
- Other Income
- 5
- Interest
- 7
- Depreciation
- 15
- 12
- Tax %
- 61
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 51
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2019
- 303
- 273
- Operating Profit
- 31
- OPM %
- 10
- Other Income
- 1
- Interest
- 9
- Depreciation
- 15
- 7
- Tax %
- 33
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 39
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2020
- 342
- 306
- Operating Profit
- 37
- OPM %
- 11
- Other Income
- 2
- Interest
- 8
- Depreciation
- 16
- 13
- Tax %
- 8
- Net Profit
- 12
- EPS
- 0
- Dividend Payout %
- 20
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2021
- 396
- 351
- Operating Profit
- 46
- OPM %
- 12
- Other Income
- 1
- Interest
- 6
- Depreciation
- 16
- 25
- Tax %
- 29
- Net Profit
- 18
- EPS
- 19
- Dividend Payout %
- 16
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 19
Mar 2022
- 506
- 442
- Operating Profit
- 69
- OPM %
- 14
- Other Income
- 5
- Interest
- 5
- Depreciation
- 14
- 49
- Tax %
- 29
- Net Profit
- 35
- EPS
- 36
- Dividend Payout %
- 11
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 36
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 36
Mar 2023
- 565
- 452
- Operating Profit
- 114
- OPM %
- 20
- Other Income
- 1
- Interest
- 4
- Depreciation
- 14
- 99
- Tax %
- 25
- Net Profit
- 74
- EPS
- 77
- Dividend Payout %
- 10
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 77
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 77
Mar 2024
- 533
- 409
- Operating Profit
- 134
- OPM %
- 25
- Other Income
- 11
- Interest
- 3
- Depreciation
- 15
- 116
- Tax %
- 28
- Net Profit
- 84
- EPS
- 91
- Dividend Payout %
- 7
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 91
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 91
Mar 2025
- 527
- 421
- Operating Profit
- 116
- OPM %
- 22
- Other Income
- 10
- Interest
- 2
- Depreciation
- 13
- 113
- Tax %
- 25
- Net Profit
- 85
- EPS
- 92
- Dividend Payout %
- 9
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 92
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 92
Mar 2026
- 588
- 451
- Operating Profit
- 150
- OPM %
- 25
- Other Income
- 13
- Interest
- 1
- Depreciation
- 15
- 133
- Tax %
- 26
- Net Profit
- 98
- EPS
- 107
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 107
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 107
TTM
- 590
- 451
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 1
- Depreciation
- 16
- 141
- Tax %
- 26
- Net Profit
- 104
- 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:
- 5%
- 5 Years:
- 8%
- 3 Years:
- 1%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 25%
- 5 Years:
- 41%
- 3 Years:
- 11%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 24%
- 3 Years:
- 24%
- Last Year:
- 21%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| 124 | 139 | 141 | 144 | 164 | 192 | 259 | 334 | 413 | 502 | |
| 69 | 66 | 74 | 55 | 57 | 64 | 32 | 10 | 26 | 4 | |
| Trade Payables | 24 | 25 | 22 | 22 | 25 | 21 | 29 | 27 | 26 | 38 |
| 74 | 67 | 67 | 62 | 52 | 60 | 38 | 42 | 40 | 32 | |
| Total Liabilities | 301 | 306 | 313 | 292 | 306 | 345 | 367 | 423 | 515 | 586 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 110 | 113 | 130 | 121 | 113 | 107 | 114 | 114 | 117 | 148 | |
| Capital Work in Progress | 13 | 10 | 4 | 4 | 2 | 7 | 7 | 8 | 19 | 14 |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | |
| 74 | 73 | 70 | 91 | 93 | 103 | 93 | 96 | 92 | 86 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85 | 95 | 98 | |
| Cash & Bank | 15 | 7 | 6 | 2 | 3 | 3 | 31 | 76 | 139 | 179 |
| 88 | 102 | 103 | 73 | 95 | 124 | 122 | 42 | 46 | 54 | |
| Total Assets | 301 | 306 | 313 | 292 | 306 | 345 | 367 | 423 | 515 | 586 |
| Total Debt | 109 | 104 | 108 | 84 | 80 | 86 | 39 | 14 | 31 | 4 |
| Net Working Capital | 46 | 36 | 27 | 28 | 62 | 80 | 138 | 207 | 267 | 326 |
| Contingent Liabilities | 32 | 35 | 46 | 44 | 50 | 33 | 28 | 27 | 25 | 25 |
| Book Value per Share | 147.09 | 163.61 | 165.83 | 168.90 | 190.58 | 221.25 | 294.75 | 378.26 | 464.70 | 563.10 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 109 | 104 | 108 | 84 | 80 | 86 | 39 | 14 | 31 | 4 |
| Net Working Capital | 46 | 36 | 27 | 28 | 62 | 80 | 138 | 207 | 267 | 326 |
| Contingent Liabilities | 32 | 35 | 46 | 44 | 50 | 33 | 28 | 27 | 25 | 25 |
| Book Value per Share | 147.09 | 163.61 | 165.83 | 168.90 | 190.58 | 221.25 | 294.75 | 378.26 | 464.70 | 563.10 |
| 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
- 9
- 124
- 69
- Trade Payables
- 24
- 74
- Total Liabilities
- 301
- 110
- Capital Work in Progress
- 13
- 1
- 74
- 0
- Cash & Bank
- 15
- 88
- Total Assets
- 301
- Total Debt
- 109
- Net Working Capital
- 46
- Contingent Liabilities
- 32
- Book Value per Share
- 147.09
- Face Value
- 10.00
- Total Debt
- 109
- Net Working Capital
- 46
- Contingent Liabilities
- 32
- Book Value per Share
- 147.09
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 9
- 139
- 66
- Trade Payables
- 25
- 67
- Total Liabilities
- 306
- 113
- Capital Work in Progress
- 10
- 1
- 73
- 0
- Cash & Bank
- 7
- 102
- Total Assets
- 306
- Total Debt
- 104
- Net Working Capital
- 36
- Contingent Liabilities
- 35
- Book Value per Share
- 163.61
- Face Value
- 10.00
- Total Debt
- 104
- Net Working Capital
- 36
- Contingent Liabilities
- 35
- Book Value per Share
- 163.61
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 9
- 141
- 74
- Trade Payables
- 22
- 67
- Total Liabilities
- 313
- 130
- Capital Work in Progress
- 4
- 1
- 70
- 0
- Cash & Bank
- 6
- 103
- Total Assets
- 313
- Total Debt
- 108
- Net Working Capital
- 27
- Contingent Liabilities
- 46
- Book Value per Share
- 165.83
- Face Value
- 10.00
- Total Debt
- 108
- Net Working Capital
- 27
- Contingent Liabilities
- 46
- Book Value per Share
- 165.83
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 9
- 144
- 55
- Trade Payables
- 22
- 62
- Total Liabilities
- 292
- 121
- Capital Work in Progress
- 4
- 1
- 91
- 0
- Cash & Bank
- 2
- 73
- Total Assets
- 292
- Total Debt
- 84
- Net Working Capital
- 28
- Contingent Liabilities
- 44
- Book Value per Share
- 168.90
- Face Value
- 10.00
- Total Debt
- 84
- Net Working Capital
- 28
- Contingent Liabilities
- 44
- Book Value per Share
- 168.90
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 9
- 164
- 57
- Trade Payables
- 25
- 52
- Total Liabilities
- 306
- 113
- Capital Work in Progress
- 2
- 1
- 93
- 0
- Cash & Bank
- 3
- 95
- Total Assets
- 306
- Total Debt
- 80
- Net Working Capital
- 62
- Contingent Liabilities
- 50
- Book Value per Share
- 190.58
- Face Value
- 10.00
- Total Debt
- 80
- Net Working Capital
- 62
- Contingent Liabilities
- 50
- Book Value per Share
- 190.58
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 9
- 192
- 64
- Trade Payables
- 21
- 60
- Total Liabilities
- 345
- 107
- Capital Work in Progress
- 7
- 1
- 103
- 0
- Cash & Bank
- 3
- 124
- Total Assets
- 345
- Total Debt
- 86
- Net Working Capital
- 80
- Contingent Liabilities
- 33
- Book Value per Share
- 221.25
- Face Value
- 10.00
- Total Debt
- 86
- Net Working Capital
- 80
- Contingent Liabilities
- 33
- Book Value per Share
- 221.25
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 9
- 259
- 32
- Trade Payables
- 29
- 38
- Total Liabilities
- 367
- 114
- Capital Work in Progress
- 7
- 1
- 93
- 0
- Cash & Bank
- 31
- 122
- Total Assets
- 367
- Total Debt
- 39
- Net Working Capital
- 138
- Contingent Liabilities
- 28
- Book Value per Share
- 294.75
- Face Value
- 10.00
- Total Debt
- 39
- Net Working Capital
- 138
- Contingent Liabilities
- 28
- Book Value per Share
- 294.75
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 9
- 334
- 10
- Trade Payables
- 27
- 42
- Total Liabilities
- 423
- 114
- Capital Work in Progress
- 8
- 1
- 96
- 85
- Cash & Bank
- 76
- 42
- Total Assets
- 423
- Total Debt
- 14
- Net Working Capital
- 207
- Contingent Liabilities
- 27
- Book Value per Share
- 378.26
- Face Value
- 10.00
- Total Debt
- 14
- Net Working Capital
- 207
- Contingent Liabilities
- 27
- Book Value per Share
- 378.26
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 9
- 413
- 26
- Trade Payables
- 26
- 40
- Total Liabilities
- 515
- 117
- Capital Work in Progress
- 19
- 7
- 92
- 95
- Cash & Bank
- 139
- 46
- Total Assets
- 515
- Total Debt
- 31
- Net Working Capital
- 267
- Contingent Liabilities
- 25
- Book Value per Share
- 464.70
- Face Value
- 10.00
- Total Debt
- 31
- Net Working Capital
- 267
- Contingent Liabilities
- 25
- Book Value per Share
- 464.70
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 9
- 502
- 4
- Trade Payables
- 38
- 32
- Total Liabilities
- 586
- 148
- Capital Work in Progress
- 14
- 8
- 86
- 98
- Cash & Bank
- 179
- 54
- Total Assets
- 586
- Total Debt
- 4
- Net Working Capital
- 326
- Contingent Liabilities
- 25
- Book Value per Share
- 563.10
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 326
- Contingent Liabilities
- 25
- Book Value per Share
- 563.10
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 27 | 22 | 40 | 19 | 17 | 101 | 94 | 75 | 122 | |
| Cash from Investing | -3 | -7 | -14 | -10 | -7 | -14 | -18 | -54 | -9 | -182 |
| Cash from Financing | -5 | -20 | -7 | -33 | -12 | -2 | -55 | -36 | 11 | -37 |
| 3 | -0 | 1 | -3 | -0 | 1 | 28 | 4 | 77 | -97 | |
| Free Cash Flow | 11 | 15 | -0 | 32 | 14 | 4 | 85 | 81 | 57 | 89 |
| OCF / Net Profit | 0.94 | 5.84 | 4.53 | 3.25 | 1.05 | 0.49 | 1.37 | 1.12 | 0.89 | 1.25 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 72 | 64 | 134 | 215 | 241 | 315 |
| OCF / Net Profit | 0.94 | 5.84 | 4.53 | 3.25 | 1.05 | 0.49 | 1.37 | 1.12 | 0.89 | 1.25 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 72 | 64 | 134 | 215 | 241 | 315 |
Mar 2017
- 11
- Cash from Investing
- -3
- Cash from Financing
- -5
- 3
- Free Cash Flow
- 11
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 0
Mar 2018
- 27
- Cash from Investing
- -7
- Cash from Financing
- -20
- -0
- Free Cash Flow
- 15
- OCF / Net Profit
- 5.84
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.84
- Cumulative 5-Year FCF
- 0
Mar 2019
- 22
- Cash from Investing
- -14
- Cash from Financing
- -7
- 1
- Free Cash Flow
- -0
- OCF / Net Profit
- 4.53
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.53
- Cumulative 5-Year FCF
- 0
Mar 2020
- 40
- Cash from Investing
- -10
- Cash from Financing
- -33
- -3
- Free Cash Flow
- 32
- OCF / Net Profit
- 3.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.25
- Cumulative 5-Year FCF
- 0
Mar 2021
- 19
- Cash from Investing
- -7
- Cash from Financing
- -12
- -0
- Free Cash Flow
- 14
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 72
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 72
Mar 2022
- 17
- Cash from Investing
- -14
- Cash from Financing
- -2
- 1
- Free Cash Flow
- 4
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 64
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 64
Mar 2023
- 101
- Cash from Investing
- -18
- Cash from Financing
- -55
- 28
- Free Cash Flow
- 85
- OCF / Net Profit
- 1.37
- Cumulative 5-Year FCF
- 134
- OCF / Net Profit
- 1.37
- Cumulative 5-Year FCF
- 134
Mar 2024
- 94
- Cash from Investing
- -54
- Cash from Financing
- -36
- 4
- Free Cash Flow
- 81
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- 215
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- 215
Mar 2025
- 75
- Cash from Investing
- -9
- Cash from Financing
- 11
- 77
- Free Cash Flow
- 57
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 241
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 241
Mar 2026
- 122
- Cash from Investing
- -182
- Cash from Financing
- -37
- -97
- Free Cash Flow
- 89
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 315
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 315
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 15.60 | 4.91 | 3.82 | 12.38 | 19.15 | 36.26 | 77.44 | 91.02 | 92.46 | 107.11 |
| Book Value (₹) | 147.09 | 163.61 | 165.83 | 168.90 | 190.58 | 221.25 | 294.75 | 378.26 | 464.70 | 563.10 |
| Dividend per Share (₹) | 2.50 | 2.50 | 1.50 | 2.50 | 3.00 | 4.00 | 7.50 | 6.00 | 8.00 | 7.00 |
| Cash EPS (₹) | 28.58 | 21.62 | 21.95 | 30.82 | 36.85 | 54.21 | 96.95 | 109.32 | 107.95 | 124.69 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.56% | 9.80% | 10.26% | 10.90% | 11.69% | 13.59% | 20.18% | 23.09% | 19.98% | 23.23% |
| Net Margin % | 3.44% | 1.34% | 1.62% | 3.60% | 4.51% | 6.87% | 13.04% | 15.75% | 16.05% | 16.66% |
| ROE % | 9.87% | 3.26% | 3.29% | 8.13% | 10.99% | 18.64% | 31.55% | 27.53% | 22.15% | 21.06% |
| ROCE % | 13.80% | 7.52% | 6.32% | 8.80% | 12.61% | 20.19% | 34.77% | 35.93% | 28.22% | 27.83% |
| 4.39% | 1.52% | 1.59% | 4.08% | 5.99% | 10.69% | 20.75% | 21.30% | 18.08% | 17.85% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 37 | 61 | 75 | 52 | 44 | 54 | 57 | 59 | 62 | 60 |
| Inventory Days | 69 | 78 | 86 | 86 | 85 | 70 | 63 | 65 | 65 | 55 |
| Payable Days | 46 | 52 | 64 | 49 | 40 | 30 | 34 | 45 | 41 | 45 |
| 61 | 87 | 97 | 89 | 89 | 95 | 86 | 79 | 87 | 69 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.81x | 0.70x | 0.72x | 0.55x | 0.46x | 0.43x | 0.15x | 0.04x | 0.07x | 0.01x |
| Interest Coverage (x) | 4.43x | 2.77x | 1.83x | 2.60x | 5.53x | 10.17x | 24.80x | 40.32x | 69.51x | 93.24x |
| 1.41x | 1.32x | 1.22x | 1.26x | 1.60x | 1.64x | 2.68x | 4.27x | 4.58x | 6.15x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -0.79% | -3.82% | -11.43% | 12.91% | 15.81% | 27.69% | 11.74% | -5.77% | -1.16% | 11.72% |
| Operating Profit Growth % | 16.13% | -24.75% | -7.37% | 20.22% | 23.99% | 48.38% | 66.05% | 17.57% | -14.11% | 29.57% |
| Net Profit Growth % | 42.91% | -62.40% | 7.00% | 150.90% | 45.17% | 94.37% | 112.07% | 13.81% | 0.79% | 15.89% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 17.54% | 1.57% | 15.85% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.17x | 7.09x | 7.37x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.21x | 1.41x | 1.40x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.72% | 1.22% | 0.89% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.17x | 4.22x | 3.62x |
Mar 2017
- EPS (₹)
- 15.60
- Book Value (₹)
- 147.09
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 28.58
- Operating Margin %
- 12.56%
- Net Margin %
- 3.44%
- ROE %
- 9.87%
- ROCE %
- 13.80%
- 4.39%
- Debtor Days
- 37
- Inventory Days
- 69
- Payable Days
- 46
- 61
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 4.43x
- 1.41x
- Revenue Growth %
- -0.79%
- Operating Profit Growth %
- 16.13%
- Net Profit Growth %
- 42.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 4.91
- Book Value (₹)
- 163.61
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 21.62
- Operating Margin %
- 9.80%
- Net Margin %
- 1.34%
- ROE %
- 3.26%
- ROCE %
- 7.52%
- 1.52%
- Debtor Days
- 61
- Inventory Days
- 78
- Payable Days
- 52
- 87
- Debt to Equity (x)
- 0.70x
- Interest Coverage (x)
- 2.77x
- 1.32x
- Revenue Growth %
- -3.82%
- Operating Profit Growth %
- -24.75%
- Net Profit Growth %
- -62.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 3.82
- Book Value (₹)
- 165.83
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 21.95
- Operating Margin %
- 10.26%
- Net Margin %
- 1.62%
- ROE %
- 3.29%
- ROCE %
- 6.32%
- 1.59%
- Debtor Days
- 75
- Inventory Days
- 86
- Payable Days
- 64
- 97
- Debt to Equity (x)
- 0.72x
- Interest Coverage (x)
- 1.83x
- 1.22x
- Revenue Growth %
- -11.43%
- Operating Profit Growth %
- -7.37%
- Net Profit Growth %
- 7.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 12.38
- Book Value (₹)
- 168.90
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 30.82
- Operating Margin %
- 10.90%
- Net Margin %
- 3.60%
- ROE %
- 8.13%
- ROCE %
- 8.80%
- 4.08%
- Debtor Days
- 52
- Inventory Days
- 86
- Payable Days
- 49
- 89
- Debt to Equity (x)
- 0.55x
- Interest Coverage (x)
- 2.60x
- 1.26x
- Revenue Growth %
- 12.91%
- Operating Profit Growth %
- 20.22%
- Net Profit Growth %
- 150.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 19.15
- Book Value (₹)
- 190.58
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 36.85
- Operating Margin %
- 11.69%
- Net Margin %
- 4.51%
- ROE %
- 10.99%
- ROCE %
- 12.61%
- 5.99%
- Debtor Days
- 44
- Inventory Days
- 85
- Payable Days
- 40
- 89
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 5.53x
- 1.60x
- Revenue Growth %
- 15.81%
- Operating Profit Growth %
- 23.99%
- Net Profit Growth %
- 45.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 36.26
- Book Value (₹)
- 221.25
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 54.21
- Operating Margin %
- 13.59%
- Net Margin %
- 6.87%
- ROE %
- 18.64%
- ROCE %
- 20.19%
- 10.69%
- Debtor Days
- 54
- Inventory Days
- 70
- Payable Days
- 30
- 95
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 10.17x
- 1.64x
- Revenue Growth %
- 27.69%
- Operating Profit Growth %
- 48.38%
- Net Profit Growth %
- 94.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 77.44
- Book Value (₹)
- 294.75
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 96.95
- Operating Margin %
- 20.18%
- Net Margin %
- 13.04%
- ROE %
- 31.55%
- ROCE %
- 34.77%
- 20.75%
- Debtor Days
- 57
- Inventory Days
- 63
- Payable Days
- 34
- 86
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 24.80x
- 2.68x
- Revenue Growth %
- 11.74%
- Operating Profit Growth %
- 66.05%
- Net Profit Growth %
- 112.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 91.02
- Book Value (₹)
- 378.26
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 109.32
- Operating Margin %
- 23.09%
- Net Margin %
- 15.75%
- ROE %
- 27.53%
- ROCE %
- 35.93%
- 21.30%
- Debtor Days
- 59
- Inventory Days
- 65
- Payable Days
- 45
- 79
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 40.32x
- 4.27x
- Revenue Growth %
- -5.77%
- Operating Profit Growth %
- 17.57%
- Net Profit Growth %
- 13.81%
- 17.54%
- P/E (x)
- 9.17x
- P/B (x)
- 2.21x
- Dividend Yield %
- 0.72%
- 5.17x
Mar 2025
- EPS (₹)
- 92.46
- Book Value (₹)
- 464.70
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 107.95
- Operating Margin %
- 19.98%
- Net Margin %
- 16.05%
- ROE %
- 22.15%
- ROCE %
- 28.22%
- 18.08%
- Debtor Days
- 62
- Inventory Days
- 65
- Payable Days
- 41
- 87
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 69.51x
- 4.58x
- Revenue Growth %
- -1.16%
- Operating Profit Growth %
- -14.11%
- Net Profit Growth %
- 0.79%
- 1.57%
- P/E (x)
- 7.09x
- P/B (x)
- 1.41x
- Dividend Yield %
- 1.22%
- 4.22x
Mar 2026
- EPS (₹)
- 107.11
- Book Value (₹)
- 563.10
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 124.69
- Operating Margin %
- 23.23%
- Net Margin %
- 16.66%
- ROE %
- 21.06%
- ROCE %
- 27.83%
- 17.85%
- Debtor Days
- 60
- Inventory Days
- 55
- Payable Days
- 45
- 69
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 93.24x
- 6.15x
- Revenue Growth %
- 11.72%
- Operating Profit Growth %
- 29.57%
- Net Profit Growth %
- 15.89%
- 15.85%
- P/E (x)
- 7.37x
- P/B (x)
- 1.40x
- Dividend Yield %
- 0.89%
- 3.62x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.