Rox Hi-Tech Ltd.
•₹ 53.751.03%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.6%
- Company has a healthy return on capital (ROCE) of 41.8%
- Operating margins have improved to 15.3% from 4.1%
- Attractively priced for its growth - PEG of 0.0
- Company comfortably covers its interest (6.6x coverage)
- Company maintains a comfortable, low leverage position
CONS
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.02x)
- Equity base is being diluted - shares outstanding up 205.5%
- Total debt has risen sharply - up 118.7% year on year
- Debtor days have increased from 75 to 125
* 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. | DLINKINDIA | 446.40 | 14.77 | 1584.94 | 7.50 | 27.61 | 13.26 | 456.96 | 30.50 | 28.82 | 7.61 |
| 2. | ROXHITECH | 51.90 | 5.97 | 119.05 | 1.93 | 5.45 | — | 61.06 | — | 19.63 | 14.00 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2023 | Mar 2024 | |
|---|---|---|
| 38 | 61 | |
| 30 | 53 | |
| Operating Profit | — | — |
| OPM % | — | — |
| Other Income | 0 | 0 |
| Interest | 1 | 1 |
| Depreciation | 0 | 0 |
| 7 | 8 | |
| Tax % | 22.82% | 27.43% |
| Net Profit | 5 | 5 |
| 2 | 3 | |
| Equity Capital | 23 | 23 |
| Reserves | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% |
| Equity Capital | 23 | 23 |
| Reserves | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% |
Dec 2023
- 38
- 30
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 7
- Tax %
- 22.82%
- Net Profit
- 5
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 61
- 53
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 8
- Tax %
- 27.43%
- Net Profit
- 5
- 3
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 64 | 103 | 133 | 176 | 187 | |
| 63 | 99 | 110 | 144 | 158 | |
| Operating Profit | 2 | 4 | 24 | 32 | 31 |
| OPM % | 4 | 4 | 18 | 18 | 17 |
| Other Income | 1 | 0 | 1 | 0 | 3 |
| Interest | 1 | 2 | 3 | 3 | 5 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| 1 | 2 | 20 | 28 | 26 | |
| Tax % | 27 | 27 | 25 | 25 | 24 |
| Net Profit | 1 | 2 | 15 | 21 | 19 |
| EPS | 0 | 1 | 21 | 9 | 8 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 9 | 9 | 8 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 9 | 9 | 8 |
Mar 2021
- 64
- 63
- Operating Profit
- 2
- OPM %
- 4
- Other Income
- 1
- Interest
- 1
- Depreciation
- 0
- 1
- Tax %
- 27
- 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
Mar 2022
- 103
- 99
- Operating Profit
- 4
- OPM %
- 4
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 2
- Tax %
- 27
- Net Profit
- 2
- 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 2023
- 133
- 110
- Operating Profit
- 24
- OPM %
- 18
- Other Income
- 1
- Interest
- 3
- Depreciation
- 0
- 20
- Tax %
- 25
- Net Profit
- 15
- EPS
- 21
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2024
- 176
- 144
- Operating Profit
- 32
- OPM %
- 18
- Other Income
- 0
- Interest
- 3
- Depreciation
- 1
- 28
- Tax %
- 25
- Net Profit
- 21
- EPS
- 9
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2025
- 187
- 158
- Operating Profit
- 31
- OPM %
- 17
- Other Income
- 3
- Interest
- 5
- Depreciation
- 1
- 26
- Tax %
- 24
- Net Profit
- 19
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 22%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 134%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 6%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 35%
- 3 Years:
- 50%
- Last Year:
- 19%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - |
| Equity Capital | 3 | 7 | 7 | 23 | 23 |
| 4 | 1 | 17 | 70 | 87 | |
| 5 | 11 | 16 | 15 | 40 | |
| Trade Payables | 19 | 11 | 8 | 27 | 29 |
| 7 | 8 | 12 | 16 | 26 | |
| Total Liabilities | 39 | 39 | 61 | 151 | 204 |
| ASSETS | - | - | - | - | - |
| 4 | 4 | 4 | 12 | 15 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 18 |
| 10 | 10 | 30 | 42 | 52 | |
| 0 | 0 | 0 | 54 | 74 | |
| Cash & Bank | 3 | 1 | 0 | 25 | 27 |
| 21 | 23 | 27 | 19 | 17 | |
| Total Assets | 39 | 39 | 61 | 151 | 204 |
| Total Debt | 11 | 18 | 23 | 21 | 47 |
| Net Working Capital | 7 | 4 | 17 | 76 | 79 |
| Contingent Liabilities | 0 | 4 | 4 | 4 | 0 |
| Book Value per Share | 22.48 | 11.80 | 32.31 | 40.51 | 47.94 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 11 | 18 | 23 | 21 | 47 |
| Net Working Capital | 7 | 4 | 17 | 76 | 79 |
| Contingent Liabilities | 0 | 4 | 4 | 4 | 0 |
| Book Value per Share | 22.48 | 11.80 | 32.31 | 40.51 | 47.94 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2021
- Equity Capital
- 3
- 4
- 5
- Trade Payables
- 19
- 7
- Total Liabilities
- 39
- 4
- Capital Work in Progress
- 0
- 10
- 0
- Cash & Bank
- 3
- 21
- Total Assets
- 39
- Total Debt
- 11
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 22.48
- Face Value
- 10.00
- Total Debt
- 11
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 22.48
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 7
- 1
- 11
- Trade Payables
- 11
- 8
- Total Liabilities
- 39
- 4
- Capital Work in Progress
- 0
- 10
- 0
- Cash & Bank
- 1
- 23
- Total Assets
- 39
- Total Debt
- 18
- Net Working Capital
- 4
- Contingent Liabilities
- 4
- Book Value per Share
- 11.80
- Face Value
- 10.00
- Total Debt
- 18
- Net Working Capital
- 4
- Contingent Liabilities
- 4
- Book Value per Share
- 11.80
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 7
- 17
- 16
- Trade Payables
- 8
- 12
- Total Liabilities
- 61
- 4
- Capital Work in Progress
- 0
- 30
- 0
- Cash & Bank
- 0
- 27
- Total Assets
- 61
- Total Debt
- 23
- Net Working Capital
- 17
- Contingent Liabilities
- 4
- Book Value per Share
- 32.31
- Face Value
- 10.00
- Total Debt
- 23
- Net Working Capital
- 17
- Contingent Liabilities
- 4
- Book Value per Share
- 32.31
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 23
- 70
- 15
- Trade Payables
- 27
- 16
- Total Liabilities
- 151
- 12
- Capital Work in Progress
- 0
- 42
- 54
- Cash & Bank
- 25
- 19
- Total Assets
- 151
- Total Debt
- 21
- Net Working Capital
- 76
- Contingent Liabilities
- 4
- Book Value per Share
- 40.51
- Face Value
- 10.00
- Total Debt
- 21
- Net Working Capital
- 76
- Contingent Liabilities
- 4
- Book Value per Share
- 40.51
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 23
- 87
- 40
- Trade Payables
- 29
- 26
- Total Liabilities
- 204
- 15
- Capital Work in Progress
- 18
- 52
- 74
- Cash & Bank
- 27
- 17
- Total Assets
- 204
- Total Debt
- 47
- Net Working Capital
- 79
- Contingent Liabilities
- 0
- Book Value per Share
- 47.94
- Face Value
- 10.00
- Total Debt
- 47
- Net Working Capital
- 79
- Contingent Liabilities
- 0
- Book Value per Share
- 47.94
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 3 | -5 | 9 | -34 | 24 | |
| Cash from Investing | -1 | -0 | -12 | -9 | -20 |
| Cash from Financing | -1 | 3 | 2 | 43 | -1 |
| 1 | -2 | -1 | 0 | 2 | |
| Free Cash Flow | 3 | -5 | 8 | -42 | 1 |
| OCF / Net Profit | 4.76 | -3.22 | 0.57 | -1.59 | 1.22 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 4.76 | -3.22 | 0.57 | -1.59 | 1.22 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
Mar 2021
- 3
- Cash from Investing
- -1
- Cash from Financing
- -1
- 1
- Free Cash Flow
- 3
- OCF / Net Profit
- 4.76
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.76
- Cumulative 5-Year FCF
- 0
Mar 2022
- -5
- Cash from Investing
- -0
- Cash from Financing
- 3
- -2
- Free Cash Flow
- -5
- OCF / Net Profit
- -3.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.22
- Cumulative 5-Year FCF
- 0
Mar 2023
- 9
- Cash from Investing
- -12
- Cash from Financing
- 2
- -1
- Free Cash Flow
- 8
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 0
Mar 2024
- -34
- Cash from Investing
- -9
- Cash from Financing
- 43
- 0
- Free Cash Flow
- -42
- OCF / Net Profit
- -1.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.59
- Cumulative 5-Year FCF
- 0
Mar 2025
- 24
- Cash from Investing
- -20
- Cash from Financing
- -1
- 2
- Free Cash Flow
- 1
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - |
| EPS (₹) | 2.04 | 2.02 | 20.60 | 9.30 | 8.46 |
| Book Value (₹) | 22.48 | 11.80 | 32.31 | 40.51 | 47.94 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.48 | 1.03 | 9.29 | 9.60 | 8.92 |
| PROFITABILITY | - | - | - | - | - |
| Operating Margin % | 3.87% | 4.14% | 17.76% | 18.05% | 15.29% |
| Net Margin % | 1.03% | 1.47% | 11.55% | 12.07% | 10.36% |
| ROE % | 9.05% | 18.76% | 93.40% | 36.41% | 19.13% |
| ROCE % | 12.49% | 17.79% | 63.80% | 39.29% | 22.34% |
| 1.71% | 3.92% | 30.97% | 20.01% | 10.86% | |
| EFFICIENCY | - | - | - | - | - |
| Debtor Days | 95 | 59 | 48 | 75 | 125 |
| Inventory Days | 57 | 35 | 55 | 75 | 92 |
| Payable Days | 122 | 60 | 34 | 49 | 74 |
| 30 | 35 | 69 | 101 | 143 | |
| FINANCIAL HEALTH | - | - | - | - | - |
| Debt to Equity (x) | 1.55x | 2.03x | 0.94x | 0.23x | 0.43x |
| Interest Coverage (x) | 1.63x | 2.06x | 7.89x | 10.00x | 6.55x |
| 1.26x | 1.16x | 1.52x | 2.35x | 1.92x | |
| GROWTH | - | - | - | - | - |
| Revenue Growth % | 0.00% | 60.54% | 29.62% | 32.05% | 5.93% |
| Operating Profit Growth % | 0.00% | 71.68% | 456.25% | 36.10% | -3.17% |
| Net Profit Growth % | 0.00% | 128.74% | 917.59% | 37.96% | -9.06% |
| 0.00% | 0.00% | 0.00% | -54.84% | -9.06% | |
| VALUATION | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 10.87x | 4.49x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 2.50x | 0.79x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 7.04x | 3.39x |
Mar 2021
- EPS (₹)
- 2.04
- Book Value (₹)
- 22.48
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.48
- Operating Margin %
- 3.87%
- Net Margin %
- 1.03%
- ROE %
- 9.05%
- ROCE %
- 12.49%
- 1.71%
- Debtor Days
- 95
- Inventory Days
- 57
- Payable Days
- 122
- 30
- Debt to Equity (x)
- 1.55x
- Interest Coverage (x)
- 1.63x
- 1.26x
- 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 2022
- EPS (₹)
- 2.02
- Book Value (₹)
- 11.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.03
- Operating Margin %
- 4.14%
- Net Margin %
- 1.47%
- ROE %
- 18.76%
- ROCE %
- 17.79%
- 3.92%
- Debtor Days
- 59
- Inventory Days
- 35
- Payable Days
- 60
- 35
- Debt to Equity (x)
- 2.03x
- Interest Coverage (x)
- 2.06x
- 1.16x
- Revenue Growth %
- 60.54%
- Operating Profit Growth %
- 71.68%
- Net Profit Growth %
- 128.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 20.60
- Book Value (₹)
- 32.31
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.29
- Operating Margin %
- 17.76%
- Net Margin %
- 11.55%
- ROE %
- 93.40%
- ROCE %
- 63.80%
- 30.97%
- Debtor Days
- 48
- Inventory Days
- 55
- Payable Days
- 34
- 69
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 7.89x
- 1.52x
- Revenue Growth %
- 29.62%
- Operating Profit Growth %
- 456.25%
- Net Profit Growth %
- 917.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 9.30
- Book Value (₹)
- 40.51
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.60
- Operating Margin %
- 18.05%
- Net Margin %
- 12.07%
- ROE %
- 36.41%
- ROCE %
- 39.29%
- 20.01%
- Debtor Days
- 75
- Inventory Days
- 75
- Payable Days
- 49
- 101
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 10.00x
- 2.35x
- Revenue Growth %
- 32.05%
- Operating Profit Growth %
- 36.10%
- Net Profit Growth %
- 37.96%
- -54.84%
- P/E (x)
- 10.87x
- P/B (x)
- 2.50x
- Dividend Yield %
- 0.00%
- 7.04x
Mar 2025
- EPS (₹)
- 8.46
- Book Value (₹)
- 47.94
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.92
- Operating Margin %
- 15.29%
- Net Margin %
- 10.36%
- ROE %
- 19.13%
- ROCE %
- 22.34%
- 10.86%
- Debtor Days
- 125
- Inventory Days
- 92
- Payable Days
- 74
- 143
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 6.55x
- 1.92x
- Revenue Growth %
- 5.93%
- Operating Profit Growth %
- -3.17%
- Net Profit Growth %
- -9.06%
- -9.06%
- P/E (x)
- 4.49x
- P/B (x)
- 0.79x
- Dividend Yield %
- 0.00%
- 3.39x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jun 2026
Jan 2026
Nov 2025