OBSC Perfection Ltd.
•₹ 835.2-2.41%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.1%
- Company has a healthy return on capital (ROCE) of 24.7%
- Latest quarter profit grew 86.1% YoY, showing strong momentum
- Operating margins have improved to 14.7% from 10.5%
- Company comfortably covers its interest (7.6x coverage)
- Attractively priced for its growth - PEG of 0.3
CONS
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.46x)
- Working capital days have increased from 34 to 108 days
- Equity base is being diluted - shares outstanding up 105.5%
- Free cash flow has been persistently negative
* 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. | BHEL | 418.50 | 59.91 | 145724.35 | 0.33 | 376.71 | 182.70 | 7697.72 | 40.29 | 9.24 | 6.69 |
| 2. | THERMAX | 4024.55 | 80.82 | 47955.05 | 0.50 | 21.79 | -85.61 | 2302.73 | 7.09 | 15.85 | 2.98 |
| 3. | INDOMIM | 966.60 | 89.58 | 47796.52 | 0.61 | 2401.22 | — | 12187.42 | — | 24.48 | 33.36 |
| 4. | KIRLOSENG | 2081.95 | 55.47 | 30296.51 | 0.34 | 111.06 | -20.05 | 1999.53 | 13.36 | 14.46 | 15.02 |
| 5. | JYOTICNC | 951.90 | 67.29 | 21648.40 | 0.00 | 57.14 | -19.99 | 508.47 | 23.97 | 23.88 | 21.40 |
| 6. | AZAD | 2827.20 | 131.38 | 18258.55 | 0.00 | 35.16 | 19.46 | 172.60 | 25.90 | 12.28 | 37.29 |
| 7. | TRITURBINE | 569.95 | 53.88 | 18118.62 | 0.75 | 51.10 | -20.65 | 442.70 | 19.23 | 35.95 | 11.59 |
| 8. | INOXINDIA | 1932.55 | 68.83 | 17540.50 | 0.10 | 58.07 | -4.98 | 370.79 | 9.18 | 33.54 | 20.46 |
| 9. | LLOYDSENGG | 92.99 | 64.48 | 14423.11 | 0.27 | 68.23 | -77.28 | 527.15 | 142.92 | 17.99 | 15.04 |
| 10. | TEGA | 1724.35 | 613.12 | 12954.64 | 0.12 | -108.25 | -406.36 | 1723.44 | 383.99 | 18.56 | 3.27 |
| 11. | KRN | 1502.65 | 101.46 | 9836.12 | 0.00 | 32.90 | 164.84 | 252.32 | 118.87 | 21.21 | 19.44 |
| 12. | OBSCP | 840.60 | 0.00 | 2172.58 | 0.00 | 9.47 | 86.13 | 77.31 | 91.74 | 23.46 | 17.91 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|
| 35 | 40 | 42 | 59 | 72 | 77 | |
| 28 | 34 | 37 | 48 | 59 | 67 | |
| Operating Profit | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — |
| Other Income | 0 | 2 | 1 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 2 | 1 | 2 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 |
| 5 | 6 | 6 | 9 | 10 | 11 | |
| Tax % | 10.73% | 14.31% | 18.18% | 9.67% | 15.18% | 15.91% |
| Net Profit | 4 | 5 | 5 | 8 | 9 | 9 |
| 2 | 2 | 0 | 3 | 3 | 0 | |
| Equity Capital | 24 | 24 | 24 | 24 | 26 | 26 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 24 | 24 | 24 | 24 | 26 | 26 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Dec 2024
- 35
- 28
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 5
- Tax %
- 10.73%
- Net Profit
- 4
- 2
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 40
- 34
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 1
- 6
- Tax %
- 14.31%
- Net Profit
- 5
- 2
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 42
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 6
- Tax %
- 18.18%
- Net Profit
- 5
- 0
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 59
- 48
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 2
- 9
- Tax %
- 9.67%
- Net Profit
- 8
- 3
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 72
- 59
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- 10
- Tax %
- 15.18%
- Net Profit
- 9
- 3
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 77
- 67
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 2
- 11
- Tax %
- 15.91%
- Net Profit
- 9
- 0
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 57 | 96 | 115 | 143 | 250 | |
| 49 | 87 | 94 | 117 | 211 | |
| Operating Profit | 7 | 10 | 22 | 28 | — |
| OPM % | 13 | 11 | 19 | 19 | — |
| Other Income | 0 | 1 | 1 | 2 | 4 |
| Interest | 1 | 2 | 3 | 3 | 5 |
| Depreciation | 1 | 2 | 3 | 4 | 8 |
| 4 | 6 | 16 | 21 | 36 | |
| Tax % | 17 | 27 | 26 | 19 | 15 |
| Net Profit | 4 | 5 | 12 | 17 | 31 |
| EPS | 2 | 3 | 7 | 7 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 3 | 7 | 7 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 3 | 7 | 7 | — |
Mar 2022
- 57
- 49
- Operating Profit
- 7
- OPM %
- 13
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 4
- Tax %
- 17
- Net Profit
- 4
- 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 2023
- 96
- 87
- Operating Profit
- 10
- OPM %
- 11
- Other Income
- 1
- Interest
- 2
- Depreciation
- 2
- 6
- Tax %
- 27
- Net Profit
- 5
- 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 2024
- 115
- 94
- Operating Profit
- 22
- OPM %
- 19
- Other Income
- 1
- Interest
- 3
- Depreciation
- 3
- 16
- Tax %
- 26
- Net Profit
- 12
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2025
- 143
- 117
- Operating Profit
- 28
- OPM %
- 19
- Other Income
- 2
- Interest
- 3
- Depreciation
- 4
- 21
- Tax %
- 19
- Net Profit
- 17
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
TTM
- 250
- 211
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 5
- Depreciation
- 8
- 36
- Tax %
- 15
- Net Profit
- 31
- 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 Years:
- —
- 3 Years:
- 36%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 67%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 190%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 35%
- Last Year:
- 25%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 12 | 12 | 18 | 24 |
| 1 | 6 | 12 | 80 | |
| 3 | 14 | 14 | 4 | |
| Trade Payables | 14 | 15 | 12 | 25 |
| 19 | 23 | 31 | 26 | |
| Total Liabilities | 48 | 70 | 87 | 159 |
| ASSETS | - | - | - | - |
| 22 | 30 | 41 | 70 | |
| Capital Work in Progress | 2 | 5 | 2 | 2 |
| 7 | 9 | 15 | 27 | |
| 0 | 0 | 22 | 35 | |
| Cash & Bank | 0 | 1 | 1 | 17 |
| 18 | 26 | 6 | 8 | |
| Total Assets | 48 | 70 | 87 | 159 |
| Total Debt | 19 | 33 | 41 | 27 |
| Net Working Capital | 6 | 2 | 13 | 51 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 11.16 | 15.01 | 16.85 | 42.53 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 19 | 33 | 41 | 27 |
| Net Working Capital | 6 | 2 | 13 | 51 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 11.16 | 15.01 | 16.85 | 42.53 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 12
- 1
- 3
- Trade Payables
- 14
- 19
- Total Liabilities
- 48
- 22
- Capital Work in Progress
- 2
- 7
- 0
- Cash & Bank
- 0
- 18
- Total Assets
- 48
- Total Debt
- 19
- Net Working Capital
- 6
- Contingent Liabilities
- 0
- Book Value per Share
- 11.16
- Face Value
- 10.00
- Total Debt
- 19
- Net Working Capital
- 6
- Contingent Liabilities
- 0
- Book Value per Share
- 11.16
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 12
- 6
- 14
- Trade Payables
- 15
- 23
- Total Liabilities
- 70
- 30
- Capital Work in Progress
- 5
- 9
- 0
- Cash & Bank
- 1
- 26
- Total Assets
- 70
- Total Debt
- 33
- Net Working Capital
- 2
- Contingent Liabilities
- 0
- Book Value per Share
- 15.01
- Face Value
- 10.00
- Total Debt
- 33
- Net Working Capital
- 2
- Contingent Liabilities
- 0
- Book Value per Share
- 15.01
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 18
- 12
- 14
- Trade Payables
- 12
- 31
- Total Liabilities
- 87
- 41
- Capital Work in Progress
- 2
- 15
- 22
- Cash & Bank
- 1
- 6
- Total Assets
- 87
- Total Debt
- 41
- Net Working Capital
- 13
- Contingent Liabilities
- 0
- Book Value per Share
- 16.85
- Face Value
- 10.00
- Total Debt
- 41
- Net Working Capital
- 13
- Contingent Liabilities
- 0
- Book Value per Share
- 16.85
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 24
- 80
- 4
- Trade Payables
- 25
- 26
- Total Liabilities
- 159
- 70
- Capital Work in Progress
- 2
- 27
- 35
- Cash & Bank
- 17
- 8
- Total Assets
- 159
- Total Debt
- 27
- Net Working Capital
- 51
- Contingent Liabilities
- 0
- Book Value per Share
- 42.53
- Face Value
- 10.00
- Total Debt
- 27
- Net Working Capital
- 51
- Contingent Liabilities
- 0
- Book Value per Share
- 42.53
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 6 | 1 | 5 | 9 | |
| Cash from Investing | -6 | -14 | -11 | -32 |
| Cash from Financing | -1 | 13 | 5 | 40 |
| -1 | 0 | -0 | 16 | |
| Free Cash Flow | 6 | -12 | -5 | -24 |
| OCF / Net Profit | 1.77 | 0.32 | 0.43 | 0.53 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 1.77 | 0.32 | 0.43 | 0.53 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- 6
- Cash from Investing
- -6
- Cash from Financing
- -1
- -1
- Free Cash Flow
- 6
- OCF / Net Profit
- 1.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.77
- Cumulative 5-Year FCF
- 0
Mar 2023
- 1
- Cash from Investing
- -14
- Cash from Financing
- 13
- 0
- Free Cash Flow
- -12
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- 0
Mar 2024
- 5
- Cash from Investing
- -11
- Cash from Financing
- 5
- -0
- Free Cash Flow
- -5
- OCF / Net Profit
- 0.43
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.43
- Cumulative 5-Year FCF
- 0
Mar 2025
- 9
- Cash from Investing
- -32
- Cash from Financing
- 40
- 16
- Free Cash Flow
- -24
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 3.03 | 3.84 | 6.84 | 6.85 |
| Book Value (₹) | 11.16 | 15.01 | 16.85 | 42.53 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 2.83 | 3.76 | 8.37 | 8.51 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 10.53% | 8.68% | 14.77% | 14.67% |
| Net Margin % | 5.21% | 3.86% | 8.69% | 9.68% |
| ROE % | 27.11% | 29.37% | 50.96% | 25.00% |
| ROCE % | 18.03% | 19.51% | 31.14% | 23.46% |
| 7.43% | 7.72% | 15.69% | 13.66% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 82 | 55 | 54 | 60 |
| Inventory Days | 36 | 24 | 31 | 44 |
| Payable Days | 152 | 84 | 78 | 94 |
| -34 | -6 | 7 | 9 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 1.43x | 1.87x | 1.38x | 0.26x |
| Interest Coverage (x) | 3.89x | 4.43x | 7.11x | 7.61x |
| 1.35x | 1.06x | 1.45x | 2.51x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 70.44% | 19.38% | 24.13% |
| Operating Profit Growth % | 0.00% | 41.46% | 112.29% | 27.29% |
| Net Profit Growth % | 0.00% | 27.01% | 167.00% | 37.24% |
| 0.00% | 0.00% | 78.00% | 0.19% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 22.08x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 3.56x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 2.69x | 13.68x |
Mar 2022
- EPS (₹)
- 3.03
- Book Value (₹)
- 11.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.83
- Operating Margin %
- 10.53%
- Net Margin %
- 5.21%
- ROE %
- 27.11%
- ROCE %
- 18.03%
- 7.43%
- Debtor Days
- 82
- Inventory Days
- 36
- Payable Days
- 152
- -34
- Debt to Equity (x)
- 1.43x
- Interest Coverage (x)
- 3.89x
- 1.35x
- 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%
- 0.00x
Mar 2023
- EPS (₹)
- 3.84
- Book Value (₹)
- 15.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.76
- Operating Margin %
- 8.68%
- Net Margin %
- 3.86%
- ROE %
- 29.37%
- ROCE %
- 19.51%
- 7.72%
- Debtor Days
- 55
- Inventory Days
- 24
- Payable Days
- 84
- -6
- Debt to Equity (x)
- 1.87x
- Interest Coverage (x)
- 4.43x
- 1.06x
- Revenue Growth %
- 70.44%
- Operating Profit Growth %
- 41.46%
- Net Profit Growth %
- 27.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 6.84
- Book Value (₹)
- 16.85
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.37
- Operating Margin %
- 14.77%
- Net Margin %
- 8.69%
- ROE %
- 50.96%
- ROCE %
- 31.14%
- 15.69%
- Debtor Days
- 54
- Inventory Days
- 31
- Payable Days
- 78
- 7
- Debt to Equity (x)
- 1.38x
- Interest Coverage (x)
- 7.11x
- 1.45x
- Revenue Growth %
- 19.38%
- Operating Profit Growth %
- 112.29%
- Net Profit Growth %
- 167.00%
- 78.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.69x
Mar 2025
- EPS (₹)
- 6.85
- Book Value (₹)
- 42.53
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.51
- Operating Margin %
- 14.67%
- Net Margin %
- 9.68%
- ROE %
- 25.00%
- ROCE %
- 23.46%
- 13.66%
- Debtor Days
- 60
- Inventory Days
- 44
- Payable Days
- 94
- 9
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 7.61x
- 2.51x
- Revenue Growth %
- 24.13%
- Operating Profit Growth %
- 27.29%
- Net Profit Growth %
- 37.24%
- 0.19%
- P/E (x)
- 22.08x
- P/B (x)
- 3.56x
- Dividend Yield %
- 0.00%
- 13.68x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
May 2026
Nov 2025
Aug 2025

