Scan Steels Ltd.
•₹ 63.05-1.73%
2026-08-21
PROS
- Latest quarter profit grew 29.0% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.63x)
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- Recent results are weak - TTM profit is down 20.0% versus prior year
- Company has a low return on equity of 4.6% over last 3 years
- Company has a low return on capital employed of 7.6%
- Company has delivered a poor sales growth of 3.4% over past five years
- Equity base is being diluted - shares outstanding up 11.9%
- Operating margins have contracted to 5.8% from 8.8%
* 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. | JSWSTEEL | 1296.00 | 12.79 | 316930.83 | 0.55 | 4696.00 | 112.58 | 47364.00 | 11.55 | 20.67 | 19.60 |
| 2. | TATASTEEL | 183.25 | 20.73 | 228759.33 | 2.18 | 2385.24 | 18.82 | 60794.29 | 15.26 | 12.70 | 15.40 |
| 3. | SAIL | 174.85 | 16.90 | 72222.23 | 1.34 | 1644.05 | 120.80 | 26245.67 | 1.25 | 6.39 | 15.92 |
| 4. | APLAPOLLO | 2142.50 | 48.40 | 59488.31 | 0.40 | 263.11 | 10.94 | 5606.71 | 12.07 | 22.90 | 7.34 |
| 5. | JSL | 718.45 | 18.23 | 59230.43 | 0.56 | 768.66 | 7.56 | 11278.54 | 10.50 | 19.19 | 12.09 |
| 6. | WELCORP | 2004.10 | 22.89 | 52866.28 | 0.25 | 1047.88 | 200.11 | 4081.12 | 14.91 | 23.94 | 32.17 |
| 7. | SHYAMMETL | 996.80 | 24.77 | 27823.86 | 0.45 | 350.73 | 20.66 | 5455.09 | 23.45 | 13.88 | 14.03 |
| 8. | SARDAEN | 508.30 | 15.85 | 17911.54 | 0.39 | 478.13 | 9.50 | 1608.04 | -1.07 | 15.84 | 41.59 |
| 9. | JINDALSAW | 269.60 | 26.38 | 17241.14 | 0.74 | 90.79 | -78.15 | 4452.31 | 9.00 | 10.38 | 8.79 |
| 10. | GPIL | 247.45 | 20.65 | 16655.80 | 0.40 | 222.37 | 2.75 | 1750.47 | 32.29 | 23.51 | 19.36 |
| 11. | RATNAMANI | 2285.90 | 37.01 | 16022.33 | 0.44 | 107.03 | -15.82 | 971.63 | -15.63 | 18.01 | 16.69 |
| 12. | SCANSTL | 65.15 | 15.98 | 395.76 | 0.00 | 13.25 | 26.21 | 257.79 | 11.12 | 7.30 | 9.20 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 227 | 262 | 219 | 257 | 234 | 140 | 175 | 241 | 232 | 133 | 192 | 282 | 258 | |
| 215 | 251 | 211 | 241 | 210 | 138 | 165 | 232 | 213 | 127 | 181 | 268 | 241 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 0 | 0 | 1 | 2 | 1 | 0 | 1 | 0 | 0 | -0 | 2 | 0 |
| Interest | 3 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| 6 | 5 | 2 | 11 | 20 | -2 | 4 | 4 | 13 | -0 | 4 | 9 | 17 | |
| Tax % | 21.24% | 31.84% | 27.98% | 26.94% | 25.78% | 30.41% | 29.65% | 19.00% | 25.24% | 30.56% | 25.30% | 25.67% | 25.17% |
| Net Profit | 5 | 3 | 2 | 8 | 15 | -1 | 3 | 4 | 10 | -0 | 3 | 7 | 13 |
| 1 | 1 | 0 | 2 | 3 | -0 | 0 | 1 | 2 | -0 | 1 | 1 | 0 | |
| Equity Capital | 52 | 52 | 52 | 52 | 52 | 52 | 59 | 59 | 59 | 59 | 59 | 59 | 61 |
| 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 | 52 | 52 | 52 | 52 | 52 | 52 | 59 | 59 | 59 | 59 | 59 | 59 | 61 |
| 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
- 227
- 215
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 4
- 6
- Tax %
- 21.24%
- Net Profit
- 5
- 1
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 262
- 251
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 4
- 5
- Tax %
- 31.84%
- Net Profit
- 3
- 1
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 219
- 211
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 4
- 2
- Tax %
- 27.98%
- Net Profit
- 2
- 0
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 257
- 241
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- 11
- Tax %
- 26.94%
- Net Profit
- 8
- 2
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 234
- 210
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 4
- 20
- Tax %
- 25.78%
- Net Profit
- 15
- 3
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 140
- 138
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- -2
- Tax %
- 30.41%
- Net Profit
- -1
- -0
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 175
- 165
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 4
- 4
- Tax %
- 29.65%
- Net Profit
- 3
- 0
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 241
- 232
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- 4
- Tax %
- 19.00%
- Net Profit
- 4
- 1
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 232
- 213
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 4
- 13
- Tax %
- 25.24%
- Net Profit
- 10
- 2
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 133
- 127
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 4
- -0
- Tax %
- 30.56%
- Net Profit
- -0
- -0
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 192
- 181
- Operating Profit
- —
- OPM %
- —
- Other Income
- -0
- Interest
- 2
- Depreciation
- 4
- 4
- Tax %
- 25.30%
- Net Profit
- 3
- 1
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 282
- 268
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 4
- 9
- Tax %
- 25.67%
- Net Profit
- 7
- 1
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 258
- 241
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 4
- 17
- Tax %
- 25.17%
- Net Profit
- 13
- 0
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 353 | 378 | 507 | 695 | 668 | 732 | 1,000 | 1,091 | 965 | 789 | 864 | |
| 345 | 361 | 449 | 652 | 627 | 663 | 914 | 1,042 | 917 | 743 | 817 | |
| Operating Profit | 10 | 18 | 59 | 44 | 41 | 73 | 88 | 55 | 50 | 50 | — |
| OPM % | 3 | 5 | 12 | 6 | 6 | 10 | 9 | 5 | 5 | 6 | — |
| Other Income | 2 | 2 | 1 | 1 | 1 | 4 | 2 | 6 | 2 | 5 | 2 |
| Interest | 31 | 13 | 36 | 15 | 15 | 11 | 10 | 20 | 10 | 9 | 9 |
| Depreciation | 12 | 20 | 17 | 13 | 13 | 14 | 13 | 13 | 15 | 16 | 16 |
| -33 | -15 | 5 | 17 | 13 | 48 | 66 | 22 | 24 | 26 | 30 | |
| Tax % | 94 | 21 | 136 | 61 | 98 | 36 | 23 | 30 | 27 | 25 | 25 |
| Net Profit | -2 | -12 | -2 | 7 | 0 | 31 | 51 | 15 | 18 | 20 | 23 |
| EPS | 0 | 0 | 0 | 0 | 0 | 6 | 10 | 3 | 3 | 3 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -0 | -2 | -0 | 1 | 0 | 6 | 10 | 3 | 3 | 3 | — |
| 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 | -0 | -2 | -0 | 1 | 0 | 6 | 10 | 3 | 3 | 3 | — |
Mar 2016
- 353
- 345
- Operating Profit
- 10
- OPM %
- 3
- Other Income
- 2
- Interest
- 31
- Depreciation
- 12
- -33
- Tax %
- 94
- Net Profit
- -2
- 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 2017
- 378
- 361
- Operating Profit
- 18
- OPM %
- 5
- Other Income
- 2
- Interest
- 13
- Depreciation
- 20
- -15
- Tax %
- 21
- Net Profit
- -12
- 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 2018
- 507
- 449
- Operating Profit
- 59
- OPM %
- 12
- Other Income
- 1
- Interest
- 36
- Depreciation
- 17
- 5
- Tax %
- 136
- Net Profit
- -2
- 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 2019
- 695
- 652
- Operating Profit
- 44
- OPM %
- 6
- Other Income
- 1
- Interest
- 15
- Depreciation
- 13
- 17
- Tax %
- 61
- Net Profit
- 7
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 668
- 627
- Operating Profit
- 41
- OPM %
- 6
- Other Income
- 1
- Interest
- 15
- Depreciation
- 13
- 13
- Tax %
- 98
- Net Profit
- 0
- 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 2021
- 732
- 663
- Operating Profit
- 73
- OPM %
- 10
- Other Income
- 4
- Interest
- 11
- Depreciation
- 14
- 48
- Tax %
- 36
- Net Profit
- 31
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2022
- 1,000
- 914
- Operating Profit
- 88
- OPM %
- 9
- Other Income
- 2
- Interest
- 10
- Depreciation
- 13
- 66
- Tax %
- 23
- Net Profit
- 51
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2023
- 1,091
- 1,042
- Operating Profit
- 55
- OPM %
- 5
- Other Income
- 6
- Interest
- 20
- Depreciation
- 13
- 22
- Tax %
- 30
- Net Profit
- 15
- 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
- 965
- 917
- Operating Profit
- 50
- OPM %
- 5
- Other Income
- 2
- Interest
- 10
- Depreciation
- 15
- 24
- Tax %
- 27
- Net Profit
- 18
- 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 2025
- 789
- 743
- Operating Profit
- 50
- OPM %
- 6
- Other Income
- 5
- Interest
- 9
- Depreciation
- 16
- 26
- Tax %
- 25
- Net Profit
- 20
- 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
TTM
- 864
- 817
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 9
- Depreciation
- 16
- 30
- Tax %
- 25
- Net Profit
- 23
- 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:
- 6%
- 5 Years:
- 3%
- 3 Years:
- -8%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 22%
- 5 Years:
- 128%
- 3 Years:
- -27%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 4%
- 5 Years:
- 8%
- 3 Years:
- 5%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| 49 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 59 | |
| 210 | 210 | 211 | 216 | 217 | 248 | 298 | 314 | 341 | 359 | |
| 169 | 172 | 102 | 72 | 72 | 37 | 47 | 63 | 111 | 62 | |
| Trade Payables | 57 | 59 | 32 | 14 | 29 | 15 | 17 | 16 | 5 | 7 |
| 97 | 50 | 133 | 108 | 108 | 122 | 124 | 121 | 95 | 88 | |
| Total Liabilities | 582 | 543 | 530 | 463 | 478 | 474 | 539 | 566 | 605 | 574 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 295 | 284 | 293 | 284 | 272 | 269 | 260 | 281 | 279 | 264 | |
| Capital Work in Progress | 0 | 9 | 0 | 1 | 2 | 0 | 5 | 2 | 1 | 20 |
| 2 | 2 | 1 | 1 | 1 | 0 | 8 | 13 | 26 | 21 | |
| 95 | 69 | 103 | 103 | 126 | 129 | 124 | 159 | 176 | 168 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 | 11 | |
| Cash & Bank | 6 | 13 | 26 | 3 | 2 | 3 | 22 | 10 | 32 | 10 |
| 183 | 166 | 107 | 72 | 75 | 73 | 120 | 101 | 67 | 81 | |
| Total Assets | 582 | 543 | 530 | 463 | 478 | 474 | 539 | 566 | 605 | 574 |
| Total Debt | 224 | 212 | 198 | 153 | 144 | 96 | 106 | 112 | 119 | 62 |
| Net Working Capital | -122 | -110 | 25 | 36 | 45 | 78 | 130 | 108 | 93 | 103 |
| Contingent Liabilities | 28 | 29 | 32 | 28 | 27 | 24 | 24 | 22 | 22 | 23 |
| Book Value per Share | 53.06 | 50.64 | 50.22 | 51.30 | 51.39 | 57.33 | 67.02 | 69.91 | 75.13 | 71.26 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 224 | 212 | 198 | 153 | 144 | 96 | 106 | 112 | 119 | 62 |
| Net Working Capital | -122 | -110 | 25 | 36 | 45 | 78 | 130 | 108 | 93 | 103 |
| Contingent Liabilities | 28 | 29 | 32 | 28 | 27 | 24 | 24 | 22 | 22 | 23 |
| Book Value per Share | 53.06 | 50.64 | 50.22 | 51.30 | 51.39 | 57.33 | 67.02 | 69.91 | 75.13 | 71.26 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- 49
- 210
- 169
- Trade Payables
- 57
- 97
- Total Liabilities
- 582
- 295
- Capital Work in Progress
- 0
- 2
- 95
- 0
- Cash & Bank
- 6
- 183
- Total Assets
- 582
- Total Debt
- 224
- Net Working Capital
- -122
- Contingent Liabilities
- 28
- Book Value per Share
- 53.06
- Face Value
- 10.00
- Total Debt
- 224
- Net Working Capital
- -122
- Contingent Liabilities
- 28
- Book Value per Share
- 53.06
- Face Value
- 10.00
Mar 2017
- 52
- 210
- 172
- Trade Payables
- 59
- 50
- Total Liabilities
- 543
- 284
- Capital Work in Progress
- 9
- 2
- 69
- 0
- Cash & Bank
- 13
- 166
- Total Assets
- 543
- Total Debt
- 212
- Net Working Capital
- -110
- Contingent Liabilities
- 29
- Book Value per Share
- 50.64
- Face Value
- 10.00
- Total Debt
- 212
- Net Working Capital
- -110
- Contingent Liabilities
- 29
- Book Value per Share
- 50.64
- Face Value
- 10.00
Mar 2018
- 52
- 211
- 102
- Trade Payables
- 32
- 133
- Total Liabilities
- 530
- 293
- Capital Work in Progress
- 0
- 1
- 103
- 0
- Cash & Bank
- 26
- 107
- Total Assets
- 530
- Total Debt
- 198
- Net Working Capital
- 25
- Contingent Liabilities
- 32
- Book Value per Share
- 50.22
- Face Value
- 10.00
- Total Debt
- 198
- Net Working Capital
- 25
- Contingent Liabilities
- 32
- Book Value per Share
- 50.22
- Face Value
- 10.00
Mar 2019
- 52
- 216
- 72
- Trade Payables
- 14
- 108
- Total Liabilities
- 463
- 284
- Capital Work in Progress
- 1
- 1
- 103
- 0
- Cash & Bank
- 3
- 72
- Total Assets
- 463
- Total Debt
- 153
- Net Working Capital
- 36
- Contingent Liabilities
- 28
- Book Value per Share
- 51.30
- Face Value
- 10.00
- Total Debt
- 153
- Net Working Capital
- 36
- Contingent Liabilities
- 28
- Book Value per Share
- 51.30
- Face Value
- 10.00
Mar 2020
- 52
- 217
- 72
- Trade Payables
- 29
- 108
- Total Liabilities
- 478
- 272
- Capital Work in Progress
- 2
- 1
- 126
- 0
- Cash & Bank
- 2
- 75
- Total Assets
- 478
- Total Debt
- 144
- Net Working Capital
- 45
- Contingent Liabilities
- 27
- Book Value per Share
- 51.39
- Face Value
- 10.00
- Total Debt
- 144
- Net Working Capital
- 45
- Contingent Liabilities
- 27
- Book Value per Share
- 51.39
- Face Value
- 10.00
Mar 2021
- 52
- 248
- 37
- Trade Payables
- 15
- 122
- Total Liabilities
- 474
- 269
- Capital Work in Progress
- 0
- 0
- 129
- 0
- Cash & Bank
- 3
- 73
- Total Assets
- 474
- Total Debt
- 96
- Net Working Capital
- 78
- Contingent Liabilities
- 24
- Book Value per Share
- 57.33
- Face Value
- 10.00
- Total Debt
- 96
- Net Working Capital
- 78
- Contingent Liabilities
- 24
- Book Value per Share
- 57.33
- Face Value
- 10.00
Mar 2022
- 52
- 298
- 47
- Trade Payables
- 17
- 124
- Total Liabilities
- 539
- 260
- Capital Work in Progress
- 5
- 8
- 124
- 0
- Cash & Bank
- 22
- 120
- Total Assets
- 539
- Total Debt
- 106
- Net Working Capital
- 130
- Contingent Liabilities
- 24
- Book Value per Share
- 67.02
- Face Value
- 10.00
- Total Debt
- 106
- Net Working Capital
- 130
- Contingent Liabilities
- 24
- Book Value per Share
- 67.02
- Face Value
- 10.00
Mar 2023
- 52
- 314
- 63
- Trade Payables
- 16
- 121
- Total Liabilities
- 566
- 281
- Capital Work in Progress
- 2
- 13
- 159
- 0
- Cash & Bank
- 10
- 101
- Total Assets
- 566
- Total Debt
- 112
- Net Working Capital
- 108
- Contingent Liabilities
- 22
- Book Value per Share
- 69.91
- Face Value
- 10.00
- Total Debt
- 112
- Net Working Capital
- 108
- Contingent Liabilities
- 22
- Book Value per Share
- 69.91
- Face Value
- 10.00
Mar 2024
- 52
- 341
- 111
- Trade Payables
- 5
- 95
- Total Liabilities
- 605
- 279
- Capital Work in Progress
- 1
- 26
- 176
- 25
- Cash & Bank
- 32
- 67
- Total Assets
- 605
- Total Debt
- 119
- Net Working Capital
- 93
- Contingent Liabilities
- 22
- Book Value per Share
- 75.13
- Face Value
- 10.00
- Total Debt
- 119
- Net Working Capital
- 93
- Contingent Liabilities
- 22
- Book Value per Share
- 75.13
- Face Value
- 10.00
Mar 2025
- 59
- 359
- 62
- Trade Payables
- 7
- 88
- Total Liabilities
- 574
- 264
- Capital Work in Progress
- 20
- 21
- 168
- 11
- Cash & Bank
- 10
- 81
- Total Assets
- 574
- Total Debt
- 62
- Net Working Capital
- 103
- Contingent Liabilities
- 23
- Book Value per Share
- 71.26
- Face Value
- 10.00
- Total Debt
- 62
- Net Working Capital
- 103
- Contingent Liabilities
- 23
- Book Value per Share
- 71.26
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 70 | 3 | -69 | 4 | 30 | 35 | 49 | 53 | 78 | 7 | |
| Cash from Investing | -93 | 3 | 57 | -0 | -7 | -0 | -26 | -32 | -26 | -15 |
| Cash from Financing | 28 | 1 | 26 | -27 | -24 | -34 | -4 | -33 | -30 | -14 |
| 5 | 7 | 13 | -23 | -1 | 1 | 19 | -12 | 22 | -22 | |
| Free Cash Flow | 56 | -6 | -82 | 0 | 28 | 30 | 41 | 22 | 66 | -11 |
| OCF / Net Profit | -38.61 | -0.27 | 35.31 | 0.62 | 94.87 | 1.15 | 0.96 | 3.48 | 4.42 | 0.36 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -4 | -29 | 18 | 122 | 188 | 149 |
| OCF / Net Profit | -38.61 | -0.27 | 35.31 | 0.62 | 94.87 | 1.15 | 0.96 | 3.48 | 4.42 | 0.36 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -4 | -29 | 18 | 122 | 188 | 149 |
Mar 2016
- 70
- Cash from Investing
- -93
- Cash from Financing
- 28
- 5
- Free Cash Flow
- 56
- OCF / Net Profit
- -38.61
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -38.61
- Cumulative 5-Year FCF
- 0
Mar 2017
- 3
- Cash from Investing
- 3
- Cash from Financing
- 1
- 7
- Free Cash Flow
- -6
- OCF / Net Profit
- -0.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.27
- Cumulative 5-Year FCF
- 0
Mar 2018
- -69
- Cash from Investing
- 57
- Cash from Financing
- 26
- 13
- Free Cash Flow
- -82
- OCF / Net Profit
- 35.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 35.31
- Cumulative 5-Year FCF
- 0
Mar 2019
- 4
- Cash from Investing
- -0
- Cash from Financing
- -27
- -23
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.62
- Cumulative 5-Year FCF
- 0
Mar 2020
- 30
- Cash from Investing
- -7
- Cash from Financing
- -24
- -1
- Free Cash Flow
- 28
- OCF / Net Profit
- 94.87
- Cumulative 5-Year FCF
- -4
- OCF / Net Profit
- 94.87
- Cumulative 5-Year FCF
- -4
Mar 2021
- 35
- Cash from Investing
- -0
- Cash from Financing
- -34
- 1
- Free Cash Flow
- 30
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- -29
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- -29
Mar 2022
- 49
- Cash from Investing
- -26
- Cash from Financing
- -4
- 19
- Free Cash Flow
- 41
- OCF / Net Profit
- 0.96
- Cumulative 5-Year FCF
- 18
- OCF / Net Profit
- 0.96
- Cumulative 5-Year FCF
- 18
Mar 2023
- 53
- Cash from Investing
- -32
- Cash from Financing
- -33
- -12
- Free Cash Flow
- 22
- OCF / Net Profit
- 3.48
- Cumulative 5-Year FCF
- 122
- OCF / Net Profit
- 3.48
- Cumulative 5-Year FCF
- 122
Mar 2024
- 78
- Cash from Investing
- -26
- Cash from Financing
- -30
- 22
- Free Cash Flow
- 66
- OCF / Net Profit
- 4.42
- Cumulative 5-Year FCF
- 188
- OCF / Net Profit
- 4.42
- Cumulative 5-Year FCF
- 188
Mar 2025
- 7
- Cash from Investing
- -15
- Cash from Financing
- -14
- -22
- Free Cash Flow
- -11
- OCF / Net Profit
- 0.36
- Cumulative 5-Year FCF
- 149
- OCF / Net Profit
- 0.36
- Cumulative 5-Year FCF
- 149
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -0.37 | -2.29 | -0.38 | 1.27 | 0.06 | 5.87 | 9.70 | 2.93 | 3.39 | 3.35 |
| Book Value (₹) | 53.06 | 50.64 | 50.22 | 51.30 | 51.39 | 57.33 | 67.02 | 69.91 | 75.13 | 71.26 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 2.18 | 1.59 | 2.93 | 3.66 | 2.47 | 8.54 | 12.15 | 5.46 | 6.33 | 6.02 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 2.68% | 4.38% | 11.42% | 6.37% | 6.15% | 10.03% | 8.82% | 5.04% | 4.97% | 5.80% |
| Net Margin % | -0.47% | -2.82% | -0.38% | 0.96% | 0.05% | 4.20% | 5.08% | 1.40% | 1.84% | 2.48% |
| ROE % | -0.87% | -4.54% | -0.75% | 2.50% | 0.12% | 10.80% | 15.60% | 4.27% | 4.67% | 4.84% |
| ROCE % | -0.47% | -0.36% | 8.98% | 7.20% | 6.81% | 14.70% | 17.69% | 8.92% | 6.95% | 6.95% |
| -0.31% | -2.10% | -0.37% | 1.34% | 0.07% | 6.46% | 10.03% | 2.77% | 3.03% | 3.33% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 66 | 47 | 40 | 25 | 17 | 15 | 15 | 16 | 13 | 8 |
| Inventory Days | 116 | 72 | 61 | 54 | 63 | 64 | 46 | 47 | 63 | 79 |
| Payable Days | 79 | 76 | 47 | 16 | 17 | 16 | 8 | 7 | 5 | 4 |
| 103 | 42 | 53 | 62 | 63 | 62 | 54 | 57 | 71 | 84 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.86x | 0.81x | 0.75x | 0.57x | 0.54x | 0.32x | 0.30x | 0.31x | 0.30x | 0.15x |
| Interest Coverage (x) | -0.07x | -0.13x | 1.15x | 2.17x | 1.87x | 5.34x | 7.90x | 2.12x | 3.31x | 4.03x |
| 0.60x | 0.59x | 1.13x | 1.30x | 1.34x | 1.76x | 2.29x | 1.86x | 1.56x | 1.85x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -21.11% | 6.96% | 34.18% | 37.21% | -3.98% | 9.67% | 36.62% | 9.06% | -11.49% | -18.25% |
| Operating Profit Growth % | -80.53% | 76.19% | 223.55% | -25.23% | -7.26% | 78.90% | 20.09% | -37.66% | -9.04% | 0.73% |
| Net Profit Growth % | -167.83% | -548.63% | 83.33% | 437.71% | -95.20% | 9538.15% | 65.14% | -69.83% | 15.74% | 10.57% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 15.74% | -1.22% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.37x | 10.18x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.83x | 0.48x |
| 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 | 0.00x | 8.38x | 5.00x |
Mar 2016
- EPS (₹)
- -0.37
- Book Value (₹)
- 53.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.18
- Operating Margin %
- 2.68%
- Net Margin %
- -0.47%
- ROE %
- -0.87%
- ROCE %
- -0.47%
- -0.31%
- Debtor Days
- 66
- Inventory Days
- 116
- Payable Days
- 79
- 103
- Debt to Equity (x)
- 0.86x
- Interest Coverage (x)
- -0.07x
- 0.60x
- Revenue Growth %
- -21.11%
- Operating Profit Growth %
- -80.53%
- Net Profit Growth %
- -167.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -2.29
- Book Value (₹)
- 50.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.59
- Operating Margin %
- 4.38%
- Net Margin %
- -2.82%
- ROE %
- -4.54%
- ROCE %
- -0.36%
- -2.10%
- Debtor Days
- 47
- Inventory Days
- 72
- Payable Days
- 76
- 42
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- -0.13x
- 0.59x
- Revenue Growth %
- 6.96%
- Operating Profit Growth %
- 76.19%
- Net Profit Growth %
- -548.63%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -0.38
- Book Value (₹)
- 50.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.93
- Operating Margin %
- 11.42%
- Net Margin %
- -0.38%
- ROE %
- -0.75%
- ROCE %
- 8.98%
- -0.37%
- Debtor Days
- 40
- Inventory Days
- 61
- Payable Days
- 47
- 53
- Debt to Equity (x)
- 0.75x
- Interest Coverage (x)
- 1.15x
- 1.13x
- Revenue Growth %
- 34.18%
- Operating Profit Growth %
- 223.55%
- Net Profit Growth %
- 83.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.27
- Book Value (₹)
- 51.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.66
- Operating Margin %
- 6.37%
- Net Margin %
- 0.96%
- ROE %
- 2.50%
- ROCE %
- 7.20%
- 1.34%
- Debtor Days
- 25
- Inventory Days
- 54
- Payable Days
- 16
- 62
- Debt to Equity (x)
- 0.57x
- Interest Coverage (x)
- 2.17x
- 1.30x
- Revenue Growth %
- 37.21%
- Operating Profit Growth %
- -25.23%
- Net Profit Growth %
- 437.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.06
- Book Value (₹)
- 51.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.47
- Operating Margin %
- 6.15%
- Net Margin %
- 0.05%
- ROE %
- 0.12%
- ROCE %
- 6.81%
- 0.07%
- Debtor Days
- 17
- Inventory Days
- 63
- Payable Days
- 17
- 63
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- 1.87x
- 1.34x
- Revenue Growth %
- -3.98%
- Operating Profit Growth %
- -7.26%
- Net Profit Growth %
- -95.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 5.87
- Book Value (₹)
- 57.33
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.54
- Operating Margin %
- 10.03%
- Net Margin %
- 4.20%
- ROE %
- 10.80%
- ROCE %
- 14.70%
- 6.46%
- Debtor Days
- 15
- Inventory Days
- 64
- Payable Days
- 16
- 62
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 5.34x
- 1.76x
- Revenue Growth %
- 9.67%
- Operating Profit Growth %
- 78.90%
- Net Profit Growth %
- 9538.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 9.70
- Book Value (₹)
- 67.02
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 12.15
- Operating Margin %
- 8.82%
- Net Margin %
- 5.08%
- ROE %
- 15.60%
- ROCE %
- 17.69%
- 10.03%
- Debtor Days
- 15
- Inventory Days
- 46
- Payable Days
- 8
- 54
- Debt to Equity (x)
- 0.30x
- Interest Coverage (x)
- 7.90x
- 2.29x
- Revenue Growth %
- 36.62%
- Operating Profit Growth %
- 20.09%
- Net Profit Growth %
- 65.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.93
- Book Value (₹)
- 69.91
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.46
- Operating Margin %
- 5.04%
- Net Margin %
- 1.40%
- ROE %
- 4.27%
- ROCE %
- 8.92%
- 2.77%
- Debtor Days
- 16
- Inventory Days
- 47
- Payable Days
- 7
- 57
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 2.12x
- 1.86x
- Revenue Growth %
- 9.06%
- Operating Profit Growth %
- -37.66%
- Net Profit Growth %
- -69.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3.39
- Book Value (₹)
- 75.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.33
- Operating Margin %
- 4.97%
- Net Margin %
- 1.84%
- ROE %
- 4.67%
- ROCE %
- 6.95%
- 3.03%
- Debtor Days
- 13
- Inventory Days
- 63
- Payable Days
- 5
- 71
- Debt to Equity (x)
- 0.30x
- Interest Coverage (x)
- 3.31x
- 1.56x
- Revenue Growth %
- -11.49%
- Operating Profit Growth %
- -9.04%
- Net Profit Growth %
- 15.74%
- 15.74%
- P/E (x)
- 18.37x
- P/B (x)
- 0.83x
- Dividend Yield %
- 0.00%
- 8.38x
Mar 2025
- EPS (₹)
- 3.35
- Book Value (₹)
- 71.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.02
- Operating Margin %
- 5.80%
- Net Margin %
- 2.48%
- ROE %
- 4.84%
- ROCE %
- 6.95%
- 3.33%
- Debtor Days
- 8
- Inventory Days
- 79
- Payable Days
- 4
- 84
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 4.03x
- 1.85x
- Revenue Growth %
- -18.25%
- Operating Profit Growth %
- 0.73%
- Net Profit Growth %
- 10.57%
- -1.22%
- P/E (x)
- 10.18x
- P/B (x)
- 0.48x
- Dividend Yield %
- 0.00%
- 5.00x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jun 2026