Pioneer Embroideries Ltd.
•₹ 21.71-0.23%
2026-08-21
PROS
- Promoters have been increasing their shareholding - up 3.1pp over 2 years
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 7.35x)
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (927.1% of PBT)
- Recent results are weak - TTM profit is down 107.1% versus prior year
- Company has a low return on equity of 2.0% over last 3 years
- Company has a low return on capital employed of 5.5%
- Interest coverage is weak at 1.1x - earnings barely cover interest
* 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. | TRIDENT | 24.59 | 31.70 | 12530.95 | 2.03 | 158.09 | 12.95 | 1786.83 | 4.68 | 9.95 | 16.79 |
| 2. | SANATHAN | 446.75 | 62.08 | 3770.75 | 0.00 | 23.82 | -41.08 | 1334.74 | 79.08 | 7.09 | 8.10 |
| 3. | FILATEX | 83.25 | 19.34 | 3696.79 | 0.36 | 48.52 | 19.33 | 1145.30 | 9.14 | 15.90 | 6.85 |
| 4. | NITINSPIN | 582.90 | 0.00 | 3277.06 | 0.51 | 75.27 | 83.62 | 875.03 | 10.30 | 13.19 | 17.78 |
| 5. | PASHUPATI | 86.82 | 87.56 | 1370.37 | 0.00 | 7.25 | 276.04 | 130.01 | 9.71 | 11.31 | 9.49 |
| 6. | GHCLTEXTIL | 126.35 | 0.00 | 1207.73 | 0.47 | 39.35 | 191.05 | 408.94 | 52.73 | 6.30 | 16.90 |
| 7. | NAHARSPING | 299.10 | 0.00 | 1078.71 | 0.33 | 69.88 | 337.83 | 966.10 | 17.92 | 3.83 | 13.16 |
| 8. | AMBIKCO | 1643.45 | 0.00 | 940.88 | 2.25 | 257.00 | 1514.32 | 2579.20 | 1243.47 | 11.47 | 15.28 |
| 9. | SUMEETINDS | 12.78 | 32.24 | 887.89 | 0.00 | 1.14 | -85.69 | 272.36 | 9.61 | 65.12 | 3.11 |
| 10. | PRECOT | 721.60 | 16.93 | 865.92 | 0.55 | 26.61 | 135.43 | 245.73 | 24.78 | 11.19 | 20.16 |
| 11. | RAJPALAYAM | 818.45 | 6.10 | 754.63 | 0.06 | 17.55 | -78.38 | 261.28 | 38.56 | 1.84 | 20.71 |
| 12. | PIONEEREMB | 22.10 | 0.00 | 68.10 | 0.00 | 0.12 | -89.11 | 96.70 | 12.56 | 4.20 | 4.06 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 73 | 82 | 85 | 94 | 96 | 94 | 96 | 88 | 86 | 83 | 81 | 86 | 97 | |
| 70 | 78 | 79 | 87 | 90 | 87 | 88 | 85 | 83 | 82 | 77 | 81 | 98 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 1 | 1 | 2 | 1 | 1 | 1 | 4 | 0 | 0 | 1 | 6 | 2 |
| Interest | 1 | 2 | 3 | 3 | 3 | 3 | 1 | 2 | 3 | 2 | 2 | 3 | 2 |
| Depreciation | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 |
| 1 | 0 | 0 | 3 | 0 | 1 | 3 | 2 | 1 | -5 | -1 | 6 | 0 | |
| Tax % | 23.88% | 100.00% | 40.00% | 11.03% | 25.00% | 29.59% | 25.85% | 32.38% | 23.94% | 27.06% | 28.07% | 26.67% | 31.14% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | -4 | -1 | 4 | 0 |
| 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | -1 | -0 | 1 | 0 | |
| Equity Capital | 27 | 27 | 27 | 29 | 29 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| 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 | 27 | 27 | 27 | 29 | 29 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| 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
- 73
- 70
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 2
- 1
- Tax %
- 23.88%
- Net Profit
- 0
- 0
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 82
- 78
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 3
- 0
- Tax %
- 100.00%
- Net Profit
- 0
- 0
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 85
- 79
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 3
- 0
- Tax %
- 40.00%
- Net Profit
- 0
- 0
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 94
- 87
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 4
- 3
- Tax %
- 11.03%
- Net Profit
- 0
- 1
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 96
- 90
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 4
- 0
- Tax %
- 25.00%
- Net Profit
- 0
- 0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 94
- 87
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 4
- 1
- Tax %
- 29.59%
- Net Profit
- 1
- 0
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 96
- 88
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 4
- 3
- Tax %
- 25.85%
- Net Profit
- 2
- 1
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 88
- 85
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 4
- 2
- Tax %
- 32.38%
- Net Profit
- 1
- 0
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 86
- 83
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 4
- 1
- Tax %
- 23.94%
- Net Profit
- 1
- 0
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 83
- 82
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 4
- -5
- Tax %
- 27.06%
- Net Profit
- -4
- -1
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 81
- 77
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- -1
- Tax %
- 28.07%
- Net Profit
- -1
- -0
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 86
- 81
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 3
- Depreciation
- 3
- 6
- Tax %
- 26.67%
- Net Profit
- 4
- 1
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 97
- 98
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 4
- 0
- Tax %
- 31.14%
- Net Profit
- 0
- 0
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 236 | 257 | 274 | 238 | 226 | 292 | 297 | 336 | 375 | 336 | 346 | |
| 220 | 248 | 255 | 219 | 199 | 267 | 285 | 314 | 350 | 322 | 338 | |
| Operating Profit | 27 | 12 | 21 | 21 | 29 | 27 | 15 | 26 | 32 | 20 | — |
| OPM % | 11 | 5 | 8 | 9 | 13 | 9 | 5 | 8 | 8 | 6 | — |
| Other Income | 10 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 7 | 8 |
| Interest | 11 | 9 | 8 | 6 | 4 | 3 | 4 | 9 | 10 | 9 | 9 |
| Depreciation | 8 | 9 | 9 | 9 | 8 | 8 | 8 | 13 | 16 | 15 | 15 |
| -19 | -6 | 4 | 8 | 16 | 15 | 12 | 4 | 6 | 1 | -0 | |
| Tax % | -0 | -1 | 0 | 0 | -18 | 28 | 30 | 17 | 29 | 18 | 33 |
| Net Profit | -19 | -6 | 4 | 8 | 19 | 11 | 8 | 4 | 4 | 1 | -0 |
| EPS | 0 | 0 | 0 | 0 | 7 | 4 | 3 | 1 | 1 | 0 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 3 | 7 | 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 | -9 | -2 | 2 | 3 | 7 | 4 | 3 | 1 | 1 | 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 | -9 | -2 | 2 | 3 | 7 | 4 | 3 | 1 | 1 | 0 | — |
Mar 2017
- 236
- 220
- Operating Profit
- 27
- OPM %
- 11
- Other Income
- 10
- Interest
- 11
- Depreciation
- 8
- -19
- Tax %
- -0
- Net Profit
- -19
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -9
Mar 2018
- 257
- 248
- Operating Profit
- 12
- OPM %
- 5
- Other Income
- 2
- Interest
- 9
- Depreciation
- 9
- -6
- Tax %
- -1
- Net Profit
- -6
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2019
- 274
- 255
- Operating Profit
- 21
- OPM %
- 8
- Other Income
- 2
- Interest
- 8
- Depreciation
- 9
- 4
- Tax %
- 0
- Net Profit
- 4
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 238
- 219
- Operating Profit
- 21
- OPM %
- 9
- Other Income
- 2
- Interest
- 6
- Depreciation
- 9
- 8
- Tax %
- 0
- Net Profit
- 8
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 226
- 199
- Operating Profit
- 29
- OPM %
- 13
- Other Income
- 2
- Interest
- 4
- Depreciation
- 8
- 16
- Tax %
- -18
- Net Profit
- 19
- EPS
- 7
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2022
- 292
- 267
- Operating Profit
- 27
- OPM %
- 9
- Other Income
- 2
- Interest
- 3
- Depreciation
- 8
- 15
- Tax %
- 28
- Net Profit
- 11
- EPS
- 4
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2023
- 297
- 285
- Operating Profit
- 15
- OPM %
- 5
- Other Income
- 3
- Interest
- 4
- Depreciation
- 8
- 12
- Tax %
- 30
- Net Profit
- 8
- 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
- 336
- 314
- Operating Profit
- 26
- OPM %
- 8
- Other Income
- 4
- Interest
- 9
- Depreciation
- 13
- 4
- Tax %
- 17
- Net Profit
- 4
- 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 2025
- 375
- 350
- Operating Profit
- 32
- OPM %
- 8
- Other Income
- 6
- Interest
- 10
- Depreciation
- 16
- 6
- Tax %
- 29
- Net Profit
- 4
- 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 2026
- 336
- 322
- Operating Profit
- 20
- OPM %
- 6
- Other Income
- 7
- Interest
- 9
- Depreciation
- 15
- 1
- Tax %
- 18
- Net Profit
- 1
- 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
TTM
- 346
- 338
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 9
- Depreciation
- 15
- -0
- Tax %
- 33
- Net Profit
- -0
- 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:
- 3%
- 5 Years:
- 8%
- 3 Years:
- 4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -28%
- 5 Years:
- -50%
- 3 Years:
- -58%
STOCK PRICE CAGR
- 10 Years:
- -6%
- 5 Years:
- -19%
- 3 Years:
- -25%
- 1 Year:
- -44%
RETURN ON EQUITY
- 10 Years:
- 2%
- 5 Years:
- 5%
- 3 Years:
- 2%
- Last Year:
- 0%
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 | 22 | 24 | 25 | 25 | 27 | 27 | 27 | 29 | 31 | 31 |
| 53 | 50 | 53 | 61 | 83 | 94 | 102 | 115 | 124 | 125 | |
| 17 | 16 | 36 | 23 | 20 | 21 | 34 | 34 | 35 | 45 | |
| Trade Payables | 30 | 31 | 32 | 23 | 22 | 20 | 27 | 31 | 25 | 32 |
| 82 | 79 | 50 | 40 | 34 | 38 | 104 | 123 | 108 | 94 | |
| Total Liabilities | 203 | 200 | 196 | 173 | 186 | 199 | 293 | 332 | 322 | 326 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 107 | 96 | 93 | 85 | 80 | 78 | 75 | 186 | 182 | 159 | |
| Capital Work in Progress | 0 | 3 | 2 | 0 | 0 | 8 | 72 | 0 | 0 | 3 |
| 0 | 0 | 0 | 0 | 0 | 1 | 12 | 12 | 11 | 11 | |
| 44 | 36 | 35 | 38 | 43 | 47 | 54 | 67 | 58 | 62 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 31 | 25 | |
| Cash & Bank | 1 | 1 | 1 | 1 | 6 | 1 | 9 | 2 | 2 | 1 |
| 50 | 63 | 65 | 48 | 56 | 63 | 72 | 36 | 38 | 64 | |
| Total Assets | 203 | 200 | 196 | 173 | 186 | 199 | 293 | 332 | 322 | 326 |
| Total Debt | 70 | 66 | 57 | 36 | 32 | 28 | 93 | 106 | 89 | 85 |
| Net Working Capital | 3 | 13 | 8 | 16 | 35 | 37 | 30 | 22 | 21 | 32 |
| Contingent Liabilities | 20 | 10 | 4 | 3 | 3 | 2 | 2 | 3 | 3 | 2 |
| Book Value per Share | 32.74 | 29.16 | 29.78 | 33.02 | 39.85 | 43.86 | 46.84 | 47.65 | 48.92 | 49.25 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 70 | 66 | 57 | 36 | 32 | 28 | 93 | 106 | 89 | 85 |
| Net Working Capital | 3 | 13 | 8 | 16 | 35 | 37 | 30 | 22 | 21 | 32 |
| Contingent Liabilities | 20 | 10 | 4 | 3 | 3 | 2 | 2 | 3 | 3 | 2 |
| Book Value per Share | 32.74 | 29.16 | 29.78 | 33.02 | 39.85 | 43.86 | 46.84 | 47.65 | 48.92 | 49.25 |
| 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
- 22
- 53
- 17
- Trade Payables
- 30
- 82
- Total Liabilities
- 203
- 107
- Capital Work in Progress
- 0
- 0
- 44
- 0
- Cash & Bank
- 1
- 50
- Total Assets
- 203
- Total Debt
- 70
- Net Working Capital
- 3
- Contingent Liabilities
- 20
- Book Value per Share
- 32.74
- Face Value
- 10.00
- Total Debt
- 70
- Net Working Capital
- 3
- Contingent Liabilities
- 20
- Book Value per Share
- 32.74
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 24
- 50
- 16
- Trade Payables
- 31
- 79
- Total Liabilities
- 200
- 96
- Capital Work in Progress
- 3
- 0
- 36
- 0
- Cash & Bank
- 1
- 63
- Total Assets
- 200
- Total Debt
- 66
- Net Working Capital
- 13
- Contingent Liabilities
- 10
- Book Value per Share
- 29.16
- Face Value
- 10.00
- Total Debt
- 66
- Net Working Capital
- 13
- Contingent Liabilities
- 10
- Book Value per Share
- 29.16
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 25
- 53
- 36
- Trade Payables
- 32
- 50
- Total Liabilities
- 196
- 93
- Capital Work in Progress
- 2
- 0
- 35
- 0
- Cash & Bank
- 1
- 65
- Total Assets
- 196
- Total Debt
- 57
- Net Working Capital
- 8
- Contingent Liabilities
- 4
- Book Value per Share
- 29.78
- Face Value
- 10.00
- Total Debt
- 57
- Net Working Capital
- 8
- Contingent Liabilities
- 4
- Book Value per Share
- 29.78
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 25
- 61
- 23
- Trade Payables
- 23
- 40
- Total Liabilities
- 173
- 85
- Capital Work in Progress
- 0
- 0
- 38
- 0
- Cash & Bank
- 1
- 48
- Total Assets
- 173
- Total Debt
- 36
- Net Working Capital
- 16
- Contingent Liabilities
- 3
- Book Value per Share
- 33.02
- Face Value
- 10.00
- Total Debt
- 36
- Net Working Capital
- 16
- Contingent Liabilities
- 3
- Book Value per Share
- 33.02
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 27
- 83
- 20
- Trade Payables
- 22
- 34
- Total Liabilities
- 186
- 80
- Capital Work in Progress
- 0
- 0
- 43
- 0
- Cash & Bank
- 6
- 56
- Total Assets
- 186
- Total Debt
- 32
- Net Working Capital
- 35
- Contingent Liabilities
- 3
- Book Value per Share
- 39.85
- Face Value
- 10.00
- Total Debt
- 32
- Net Working Capital
- 35
- Contingent Liabilities
- 3
- Book Value per Share
- 39.85
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 27
- 94
- 21
- Trade Payables
- 20
- 38
- Total Liabilities
- 199
- 78
- Capital Work in Progress
- 8
- 1
- 47
- 0
- Cash & Bank
- 1
- 63
- Total Assets
- 199
- Total Debt
- 28
- Net Working Capital
- 37
- Contingent Liabilities
- 2
- Book Value per Share
- 43.86
- Face Value
- 10.00
- Total Debt
- 28
- Net Working Capital
- 37
- Contingent Liabilities
- 2
- Book Value per Share
- 43.86
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 27
- 102
- 34
- Trade Payables
- 27
- 104
- Total Liabilities
- 293
- 75
- Capital Work in Progress
- 72
- 12
- 54
- 0
- Cash & Bank
- 9
- 72
- Total Assets
- 293
- Total Debt
- 93
- Net Working Capital
- 30
- Contingent Liabilities
- 2
- Book Value per Share
- 46.84
- Face Value
- 10.00
- Total Debt
- 93
- Net Working Capital
- 30
- Contingent Liabilities
- 2
- Book Value per Share
- 46.84
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 29
- 115
- 34
- Trade Payables
- 31
- 123
- Total Liabilities
- 332
- 186
- Capital Work in Progress
- 0
- 12
- 67
- 30
- Cash & Bank
- 2
- 36
- Total Assets
- 332
- Total Debt
- 106
- Net Working Capital
- 22
- Contingent Liabilities
- 3
- Book Value per Share
- 47.65
- Face Value
- 10.00
- Total Debt
- 106
- Net Working Capital
- 22
- Contingent Liabilities
- 3
- Book Value per Share
- 47.65
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 31
- 124
- 35
- Trade Payables
- 25
- 108
- Total Liabilities
- 322
- 182
- Capital Work in Progress
- 0
- 11
- 58
- 31
- Cash & Bank
- 2
- 38
- Total Assets
- 322
- Total Debt
- 89
- Net Working Capital
- 21
- Contingent Liabilities
- 3
- Book Value per Share
- 48.92
- Face Value
- 10.00
- Total Debt
- 89
- Net Working Capital
- 21
- Contingent Liabilities
- 3
- Book Value per Share
- 48.92
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 31
- 125
- 45
- Trade Payables
- 32
- 94
- Total Liabilities
- 326
- 159
- Capital Work in Progress
- 3
- 11
- 62
- 25
- Cash & Bank
- 1
- 64
- Total Assets
- 326
- Total Debt
- 85
- Net Working Capital
- 32
- Contingent Liabilities
- 2
- Book Value per Share
- 49.25
- Face Value
- 10.00
- Total Debt
- 85
- Net Working Capital
- 32
- Contingent Liabilities
- 2
- Book Value per Share
- 49.25
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 36 | 17 | 19 | 26 | 18 | 13 | 10 | 12 | 33 | 19 | |
| Cash from Investing | -20 | -7 | -4 | 3 | -8 | -10 | -65 | -34 | -8 | -3 |
| Cash from Financing | -16 | -10 | -16 | -28 | -5 | -8 | 60 | 16 | -23 | -16 |
| -0 | 0 | -1 | 1 | 5 | -5 | 5 | -6 | 1 | -1 | |
| Free Cash Flow | 36 | 17 | 15 | 26 | 15 | 1 | -58 | -39 | 28 | 19 |
| OCF / Net Profit | -1.87 | -2.75 | 5.16 | 3.18 | 0.97 | 1.21 | 1.24 | 3.25 | 7.38 | 31.25 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 109 | 74 | -1 | -55 | -52 | -49 |
| OCF / Net Profit | -1.87 | -2.75 | 5.16 | 3.18 | 0.97 | 1.21 | 1.24 | 3.25 | 7.38 | 31.25 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 109 | 74 | -1 | -55 | -52 | -49 |
Mar 2017
- 36
- Cash from Investing
- -20
- Cash from Financing
- -16
- -0
- Free Cash Flow
- 36
- OCF / Net Profit
- -1.87
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.87
- Cumulative 5-Year FCF
- 0
Mar 2018
- 17
- Cash from Investing
- -7
- Cash from Financing
- -10
- 0
- Free Cash Flow
- 17
- OCF / Net Profit
- -2.75
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.75
- Cumulative 5-Year FCF
- 0
Mar 2019
- 19
- Cash from Investing
- -4
- Cash from Financing
- -16
- -1
- Free Cash Flow
- 15
- OCF / Net Profit
- 5.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.16
- Cumulative 5-Year FCF
- 0
Mar 2020
- 26
- Cash from Investing
- 3
- Cash from Financing
- -28
- 1
- Free Cash Flow
- 26
- OCF / Net Profit
- 3.18
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.18
- Cumulative 5-Year FCF
- 0
Mar 2021
- 18
- Cash from Investing
- -8
- Cash from Financing
- -5
- 5
- Free Cash Flow
- 15
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 109
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 109
Mar 2022
- 13
- Cash from Investing
- -10
- Cash from Financing
- -8
- -5
- Free Cash Flow
- 1
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 74
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 74
Mar 2023
- 10
- Cash from Investing
- -65
- Cash from Financing
- 60
- 5
- Free Cash Flow
- -58
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- -1
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- -1
Mar 2024
- 12
- Cash from Investing
- -34
- Cash from Financing
- 16
- -6
- Free Cash Flow
- -39
- OCF / Net Profit
- 3.25
- Cumulative 5-Year FCF
- -55
- OCF / Net Profit
- 3.25
- Cumulative 5-Year FCF
- -55
Mar 2025
- 33
- Cash from Investing
- -8
- Cash from Financing
- -23
- 1
- Free Cash Flow
- 28
- OCF / Net Profit
- 7.38
- Cumulative 5-Year FCF
- -52
- OCF / Net Profit
- 7.38
- Cumulative 5-Year FCF
- -52
Mar 2026
- 19
- Cash from Investing
- -3
- Cash from Financing
- -16
- -1
- Free Cash Flow
- 19
- OCF / Net Profit
- 31.25
- Cumulative 5-Year FCF
- -49
- OCF / Net Profit
- 31.25
- Cumulative 5-Year FCF
- -49
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 (₹) | -8.96 | -2.46 | 1.59 | 3.29 | 7.24 | 4.15 | 3.19 | 1.26 | 1.46 | 0.20 |
| Book Value (₹) | 32.74 | 29.16 | 29.78 | 33.02 | 39.85 | 43.86 | 46.84 | 47.65 | 48.92 | 49.25 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.30 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -5.16 | 1.03 | 5.11 | 6.81 | 10.13 | 7.18 | 6.29 | 5.46 | 6.53 | 5.00 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.26% | 4.55% | 7.85% | 8.79% | 12.63% | 9.07% | 5.02% | 6.57% | 6.73% | 4.05% |
| Net Margin % | -8.18% | -2.31% | 1.38% | 3.38% | 8.31% | 3.77% | 2.79% | 1.06% | 1.19% | 0.18% |
| ROE % | -28.70% | -8.60% | 5.21% | 10.28% | 19.93% | 9.90% | 6.85% | 2.68% | 3.06% | 0.40% |
| ROCE % | -5.51% | 2.45% | 8.53% | 11.37% | 15.96% | 13.02% | 8.54% | 5.79% | 6.49% | 4.20% |
| -9.27% | -3.01% | 1.91% | 4.37% | 10.47% | 5.73% | 3.36% | 1.13% | 1.36% | 0.19% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 40 | 36 | 39 | 38 | 34 | 30 | 32 | 31 | 30 | 30 |
| Inventory Days | 57 | 55 | 47 | 56 | 65 | 57 | 62 | 66 | 61 | 65 |
| Payable Days | 74 | 71 | 71 | 76 | 72 | 47 | 48 | 53 | 45 | 49 |
| 23 | 21 | 15 | 17 | 27 | 39 | 46 | 43 | 46 | 46 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.99x | 0.93x | 0.77x | 0.43x | 0.30x | 0.24x | 0.75x | 0.76x | 0.59x | 0.56x |
| Interest Coverage (x) | -0.81x | 0.36x | 1.49x | 2.31x | 4.56x | 5.75x | 4.27x | 1.46x | 1.65x | 1.08x |
| 1.04x | 1.16x | 1.09x | 1.24x | 1.57x | 1.62x | 1.37x | 1.21x | 1.22x | 1.30x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -7.59% | 8.92% | 6.59% | -12.99% | -5.20% | 29.29% | 1.53% | 13.33% | 11.56% | -10.40% |
| Operating Profit Growth % | -41.09% | -55.13% | 80.28% | -2.55% | 36.27% | -7.15% | -43.84% | 75.13% | 21.04% | -35.17% |
| Net Profit Growth % | -211.14% | 68.65% | 162.27% | 113.58% | 133.04% | -41.27% | -25.01% | -57.05% | 25.61% | -86.49% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -60.46% | 15.25% | -86.35% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 30.34x | 25.14x | 100.35x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.80x | 0.75x | 0.41x |
| 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 | 8.35x | 6.34x | 7.08x |
Mar 2017
- EPS (₹)
- -8.96
- Book Value (₹)
- 32.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -5.16
- Operating Margin %
- 11.26%
- Net Margin %
- -8.18%
- ROE %
- -28.70%
- ROCE %
- -5.51%
- -9.27%
- Debtor Days
- 40
- Inventory Days
- 57
- Payable Days
- 74
- 23
- Debt to Equity (x)
- 0.99x
- Interest Coverage (x)
- -0.81x
- 1.04x
- Revenue Growth %
- -7.59%
- Operating Profit Growth %
- -41.09%
- Net Profit Growth %
- -211.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -2.46
- Book Value (₹)
- 29.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.03
- Operating Margin %
- 4.55%
- Net Margin %
- -2.31%
- ROE %
- -8.60%
- ROCE %
- 2.45%
- -3.01%
- Debtor Days
- 36
- Inventory Days
- 55
- Payable Days
- 71
- 21
- Debt to Equity (x)
- 0.93x
- Interest Coverage (x)
- 0.36x
- 1.16x
- Revenue Growth %
- 8.92%
- Operating Profit Growth %
- -55.13%
- Net Profit Growth %
- 68.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.59
- Book Value (₹)
- 29.78
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.11
- Operating Margin %
- 7.85%
- Net Margin %
- 1.38%
- ROE %
- 5.21%
- ROCE %
- 8.53%
- 1.91%
- Debtor Days
- 39
- Inventory Days
- 47
- Payable Days
- 71
- 15
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 1.49x
- 1.09x
- Revenue Growth %
- 6.59%
- Operating Profit Growth %
- 80.28%
- Net Profit Growth %
- 162.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.29
- Book Value (₹)
- 33.02
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.81
- Operating Margin %
- 8.79%
- Net Margin %
- 3.38%
- ROE %
- 10.28%
- ROCE %
- 11.37%
- 4.37%
- Debtor Days
- 38
- Inventory Days
- 56
- Payable Days
- 76
- 17
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 2.31x
- 1.24x
- Revenue Growth %
- -12.99%
- Operating Profit Growth %
- -2.55%
- Net Profit Growth %
- 113.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 7.24
- Book Value (₹)
- 39.85
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 10.13
- Operating Margin %
- 12.63%
- Net Margin %
- 8.31%
- ROE %
- 19.93%
- ROCE %
- 15.96%
- 10.47%
- Debtor Days
- 34
- Inventory Days
- 65
- Payable Days
- 72
- 27
- Debt to Equity (x)
- 0.30x
- Interest Coverage (x)
- 4.56x
- 1.57x
- Revenue Growth %
- -5.20%
- Operating Profit Growth %
- 36.27%
- Net Profit Growth %
- 133.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.15
- Book Value (₹)
- 43.86
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 7.18
- Operating Margin %
- 9.07%
- Net Margin %
- 3.77%
- ROE %
- 9.90%
- ROCE %
- 13.02%
- 5.73%
- Debtor Days
- 30
- Inventory Days
- 57
- Payable Days
- 47
- 39
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 5.75x
- 1.62x
- Revenue Growth %
- 29.29%
- Operating Profit Growth %
- -7.15%
- Net Profit Growth %
- -41.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 3.19
- Book Value (₹)
- 46.84
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.29
- Operating Margin %
- 5.02%
- Net Margin %
- 2.79%
- ROE %
- 6.85%
- ROCE %
- 8.54%
- 3.36%
- Debtor Days
- 32
- Inventory Days
- 62
- Payable Days
- 48
- 46
- Debt to Equity (x)
- 0.75x
- Interest Coverage (x)
- 4.27x
- 1.37x
- Revenue Growth %
- 1.53%
- Operating Profit Growth %
- -43.84%
- Net Profit Growth %
- -25.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 1.26
- Book Value (₹)
- 47.65
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.46
- Operating Margin %
- 6.57%
- Net Margin %
- 1.06%
- ROE %
- 2.68%
- ROCE %
- 5.79%
- 1.13%
- Debtor Days
- 31
- Inventory Days
- 66
- Payable Days
- 53
- 43
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- 1.46x
- 1.21x
- Revenue Growth %
- 13.33%
- Operating Profit Growth %
- 75.13%
- Net Profit Growth %
- -57.05%
- -60.46%
- P/E (x)
- 30.34x
- P/B (x)
- 0.80x
- Dividend Yield %
- 0.00%
- 8.35x
Mar 2025
- EPS (₹)
- 1.46
- Book Value (₹)
- 48.92
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.53
- Operating Margin %
- 6.73%
- Net Margin %
- 1.19%
- ROE %
- 3.06%
- ROCE %
- 6.49%
- 1.36%
- Debtor Days
- 30
- Inventory Days
- 61
- Payable Days
- 45
- 46
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 1.65x
- 1.22x
- Revenue Growth %
- 11.56%
- Operating Profit Growth %
- 21.04%
- Net Profit Growth %
- 25.61%
- 15.25%
- P/E (x)
- 25.14x
- P/B (x)
- 0.75x
- Dividend Yield %
- 0.00%
- 6.34x
Mar 2026
- EPS (₹)
- 0.20
- Book Value (₹)
- 49.25
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.00
- Operating Margin %
- 4.05%
- Net Margin %
- 0.18%
- ROE %
- 0.40%
- ROCE %
- 4.20%
- 0.19%
- Debtor Days
- 30
- Inventory Days
- 65
- Payable Days
- 49
- 46
- Debt to Equity (x)
- 0.56x
- Interest Coverage (x)
- 1.08x
- 1.30x
- Revenue Growth %
- -10.40%
- Operating Profit Growth %
- -35.17%
- Net Profit Growth %
- -86.49%
- -86.35%
- P/E (x)
- 100.35x
- P/B (x)
- 0.41x
- Dividend Yield %
- 0.00%
- 7.08x
Documents
Announcements
- Shareholders meeting
2026-08-20 - Details regarding voting results Pursuant to Regulation 44(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Scrutinizers Report.
- Shareholders meeting
2026-08-20 - PROCEEDING OF THE 34th ANNUAL GENERAL MEETING HELD ON 20TH AUGUST, 2026
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nov 2021
Aug 2021
May 2021