VTM Ltd.
•₹ 46.13-0.09%
2026-08-21
PROS
- Company has delivered good sales growth of 21.1% CAGR over last 5 years
- Company comfortably covers its interest (9.3x coverage)
- Company maintains a comfortable, low leverage position
CONS
- Recent results are weak - TTM profit is down 78.4% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.65x)
- Company has a low return on equity of 8.9% over last 3 years
- Company has a low return on capital employed of 11.4%
- Operating cash flow has been negative in recent years
* 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. | SIYSIL | 633.40 | 12.11 | 2873.74 | 2.53 | 11.01 | 137.31 | 445.66 | 14.42 | 20.46 | 4.05 |
| 2. | VTMLTD | 46.28 | 0.00 | 465.43 | 0.00 | 19.32 | 319.54 | 984.04 | 1266.97 | 4.55 | 5.92 |
| 3. | MANOMAY | 214.35 | 0.00 | 386.87 | 0.00 | 4.95 | 11.28 | 197.51 | 20.48 | 12.74 | 10.01 |
| 4. | VGL | 56.95 | 0.00 | 293.46 | 0.00 | 78.81 | — | 1179.33 | — | 21.49 | 14.91 |
| 5. | JASCHIND | 305.00 | 9.21 | 207.34 | 0.00 | 5.07 | -4.97 | 59.32 | -3.79 | 19.22 | 11.43 |
| 6. | BSL | 123.00 | 0.00 | 126.59 | 0.00 | 1.72 | 266.38 | 169.72 | 7.41 | 6.01 | 8.42 |
| 7. | KGDENIM | 14.21 | 3.22 | 36.43 | 0.00 | 8.44 | 359.69 | 4.86 | -64.71 | -7.29 | -86.21 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 46 | 47 | 51 | 64 | 59 | 73 | 104 | 109 | 72 | 90 | 100 | 110 | 984 | |
| 39 | 39 | 44 | 60 | 51 | 60 | 77 | 90 | 64 | 85 | 93 | 103 | 964 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 2 | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 6 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 8 |
| Depreciation | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 31 |
| 6 | 7 | 6 | 4 | 7 | 13 | 25 | 16 | 6 | 3 | 5 | 1 | 26 | |
| Tax % | 20.74% | 30.62% | 23.17% | 5.87% | 26.96% | 23.91% | 26.17% | 23.27% | 24.55% | 20.27% | 27.06% | 32.33% | 25.48% |
| Net Profit | 5 | 5 | 5 | 4 | 5 | 10 | 18 | 12 | 5 | 2 | 3 | 1 | 19 |
| 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 10 | 10 | 10 | 10 | 101 |
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 10 | 10 | 10 | 10 | 101 |
| 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
- 46
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 3
- 6
- Tax %
- 20.74%
- Net Profit
- 5
- 1
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 47
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 3
- 7
- Tax %
- 30.62%
- Net Profit
- 5
- 1
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 51
- 44
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 2
- 6
- Tax %
- 23.17%
- Net Profit
- 5
- 1
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 64
- 60
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 2
- 4
- Tax %
- 5.87%
- Net Profit
- 4
- 1
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 59
- 51
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 2
- 7
- Tax %
- 26.96%
- Net Profit
- 5
- 1
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 73
- 60
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 2
- 13
- Tax %
- 23.91%
- Net Profit
- 10
- 1
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 104
- 77
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 2
- 25
- Tax %
- 26.17%
- Net Profit
- 18
- 2
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 109
- 90
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- 16
- Tax %
- 23.27%
- Net Profit
- 12
- 1
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 72
- 64
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 6
- Tax %
- 24.55%
- Net Profit
- 5
- 0
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 90
- 85
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 3
- Tax %
- 20.27%
- Net Profit
- 2
- 0
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 100
- 93
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 5
- Tax %
- 27.06%
- Net Profit
- 3
- 0
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 110
- 103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 1
- Tax %
- 32.33%
- Net Profit
- 1
- 0
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 984
- 964
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 8
- Depreciation
- 31
- 26
- Tax %
- 25.48%
- Net Profit
- 19
- 0
- Equity Capital
- 101
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 101
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 148 | 165 | 160 | 161 | 143 | 194 | 209 | 208 | 345 | 372 | 398 | |
| 137 | 150 | 145 | 144 | 126 | 171 | 192 | 182 | 278 | 344 | 377 | |
| Operating Profit | 27 | 20 | 22 | 25 | 21 | 28 | 23 | 33 | 72 | 31 | — |
| OPM % | 18 | 12 | 14 | 16 | 15 | 15 | 11 | 16 | 21 | 8 | — |
| Other Income | 16 | 5 | 7 | 9 | 5 | 5 | 6 | 7 | 5 | 3 | 3 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 7 | 7 | 7 | 8 | 8 | 9 | 10 | 9 | 9 | 11 | 12 |
| 12 | 12 | 14 | 16 | 12 | 18 | 12 | 23 | 61 | 15 | 11 | |
| Tax % | 16 | 35 | 27 | 26 | 21 | 18 | 26 | 22 | 25 | 25 | 26 |
| Net Profit | 10 | 8 | 10 | 12 | 10 | 15 | 9 | 18 | 45 | 11 | 9 |
| EPS | 0 | 0 | 0 | 0 | 2 | 4 | 2 | 5 | 11 | 1 | — |
| Dividend Payout % | 30 | 39 | 35 | 30 | 25 | 24 | 31 | 22 | 9 | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 1 | — |
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 1 | — |
Mar 2017
- 148
- 137
- Operating Profit
- 27
- OPM %
- 18
- Other Income
- 16
- Interest
- 1
- Depreciation
- 7
- 12
- Tax %
- 16
- Net Profit
- 10
- EPS
- 0
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 165
- 150
- Operating Profit
- 20
- OPM %
- 12
- Other Income
- 5
- Interest
- 1
- Depreciation
- 7
- 12
- Tax %
- 35
- Net Profit
- 8
- EPS
- 0
- Dividend Payout %
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 160
- 145
- Operating Profit
- 22
- OPM %
- 14
- Other Income
- 7
- Interest
- 1
- Depreciation
- 7
- 14
- Tax %
- 27
- Net Profit
- 10
- EPS
- 0
- Dividend Payout %
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 161
- 144
- Operating Profit
- 25
- OPM %
- 16
- Other Income
- 9
- Interest
- 1
- Depreciation
- 8
- 16
- Tax %
- 26
- Net Profit
- 12
- EPS
- 0
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 143
- 126
- Operating Profit
- 21
- OPM %
- 15
- Other Income
- 5
- Interest
- 1
- Depreciation
- 8
- 12
- Tax %
- 21
- Net Profit
- 10
- EPS
- 2
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 194
- 171
- Operating Profit
- 28
- OPM %
- 15
- Other Income
- 5
- Interest
- 1
- Depreciation
- 9
- 18
- Tax %
- 18
- Net Profit
- 15
- EPS
- 4
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 209
- 192
- Operating Profit
- 23
- OPM %
- 11
- Other Income
- 6
- Interest
- 1
- Depreciation
- 10
- 12
- Tax %
- 26
- Net Profit
- 9
- EPS
- 2
- Dividend Payout %
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 208
- 182
- Operating Profit
- 33
- OPM %
- 16
- Other Income
- 7
- Interest
- 1
- Depreciation
- 9
- 23
- Tax %
- 22
- Net Profit
- 18
- EPS
- 5
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2025
- 345
- 278
- Operating Profit
- 72
- OPM %
- 21
- Other Income
- 5
- Interest
- 2
- Depreciation
- 9
- 61
- Tax %
- 25
- Net Profit
- 45
- EPS
- 11
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2026
- 372
- 344
- Operating Profit
- 31
- OPM %
- 8
- Other Income
- 3
- Interest
- 2
- Depreciation
- 11
- 15
- Tax %
- 25
- Net Profit
- 11
- 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
TTM
- 398
- 377
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 12
- 11
- Tax %
- 26
- Net Profit
- 9
- 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:
- 9%
- 5 Years:
- 21%
- 3 Years:
- 21%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 2%
- 5 Years:
- 3%
- 3 Years:
- 7%
STOCK PRICE CAGR
- 10 Years:
- 7%
- 5 Years:
- 14%
- 3 Years:
- 25%
- 1 Year:
- 96%
RETURN ON EQUITY
- 10 Years:
- 7%
- 5 Years:
- 7%
- 3 Years:
- 9%
- Last Year:
- 4%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 10 |
| 131 | 182 | 193 | 199 | 215 | 230 | 241 | 259 | 302 | 305 | |
| 0 | 0 | 0 | 0 | 4 | 2 | 2 | 2 | 40 | 64 | |
| Trade Payables | 4 | 3 | 2 | 9 | 2 | 9 | 6 | 16 | 14 | 37 |
| 21 | 25 | 21 | 25 | 24 | 19 | 17 | 17 | 22 | 32 | |
| Total Liabilities | 160 | 214 | 221 | 237 | 249 | 264 | 269 | 298 | 383 | 448 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 57 | 85 | 88 | 96 | 99 | 97 | 95 | 98 | 108 | 123 | |
| Capital Work in Progress | 3 | 7 | 0 | 0 | 3 | 0 | 0 | 1 | 2 | 1 |
| 49 | 25 | 65 | 79 | 85 | 90 | 106 | 88 | 67 | 72 | |
| 21 | 23 | 28 | 30 | 24 | 42 | 32 | 58 | 96 | 152 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 | 74 | 51 | |
| Cash & Bank | 2 | 39 | 4 | 2 | 3 | 2 | 3 | 2 | 3 | 4 |
| 27 | 34 | 36 | 30 | 35 | 34 | 34 | 27 | 32 | 46 | |
| Total Assets | 160 | 214 | 221 | 237 | 249 | 264 | 269 | 298 | 383 | 448 |
| Total Debt | 10 | 11 | 8 | 10 | 10 | 6 | 4 | 4 | 41 | 75 |
| Net Working Capital | 87 | 91 | 100 | 99 | 103 | 117 | 121 | 130 | 156 | 145 |
| Contingent Liabilities | 1 | 5 | 7 | 9 | 8 | 14 | 11 | 8 | 9 | 11 |
| Book Value per Share | 33.40 | 46.23 | 49.10 | 50.56 | 54.46 | 58.26 | 60.96 | 65.38 | 76.17 | 31.32 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 10 | 11 | 8 | 10 | 10 | 6 | 4 | 4 | 41 | 75 |
| Net Working Capital | 87 | 91 | 100 | 99 | 103 | 117 | 121 | 130 | 156 | 145 |
| Contingent Liabilities | 1 | 5 | 7 | 9 | 8 | 14 | 11 | 8 | 9 | 11 |
| Book Value per Share | 33.40 | 46.23 | 49.10 | 50.56 | 54.46 | 58.26 | 60.96 | 65.38 | 76.17 | 31.32 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 4
- 131
- 0
- Trade Payables
- 4
- 21
- Total Liabilities
- 160
- 57
- Capital Work in Progress
- 3
- 49
- 21
- 0
- Cash & Bank
- 2
- 27
- Total Assets
- 160
- Total Debt
- 10
- Net Working Capital
- 87
- Contingent Liabilities
- 1
- Book Value per Share
- 33.40
- Face Value
- 1.00
- Total Debt
- 10
- Net Working Capital
- 87
- Contingent Liabilities
- 1
- Book Value per Share
- 33.40
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 4
- 182
- 0
- Trade Payables
- 3
- 25
- Total Liabilities
- 214
- 85
- Capital Work in Progress
- 7
- 25
- 23
- 0
- Cash & Bank
- 39
- 34
- Total Assets
- 214
- Total Debt
- 11
- Net Working Capital
- 91
- Contingent Liabilities
- 5
- Book Value per Share
- 46.23
- Face Value
- 1.00
- Total Debt
- 11
- Net Working Capital
- 91
- Contingent Liabilities
- 5
- Book Value per Share
- 46.23
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 4
- 193
- 0
- Trade Payables
- 2
- 21
- Total Liabilities
- 221
- 88
- Capital Work in Progress
- 0
- 65
- 28
- 0
- Cash & Bank
- 4
- 36
- Total Assets
- 221
- Total Debt
- 8
- Net Working Capital
- 100
- Contingent Liabilities
- 7
- Book Value per Share
- 49.10
- Face Value
- 1.00
- Total Debt
- 8
- Net Working Capital
- 100
- Contingent Liabilities
- 7
- Book Value per Share
- 49.10
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 4
- 199
- 0
- Trade Payables
- 9
- 25
- Total Liabilities
- 237
- 96
- Capital Work in Progress
- 0
- 79
- 30
- 0
- Cash & Bank
- 2
- 30
- Total Assets
- 237
- Total Debt
- 10
- Net Working Capital
- 99
- Contingent Liabilities
- 9
- Book Value per Share
- 50.56
- Face Value
- 1.00
- Total Debt
- 10
- Net Working Capital
- 99
- Contingent Liabilities
- 9
- Book Value per Share
- 50.56
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 4
- 215
- 4
- Trade Payables
- 2
- 24
- Total Liabilities
- 249
- 99
- Capital Work in Progress
- 3
- 85
- 24
- 0
- Cash & Bank
- 3
- 35
- Total Assets
- 249
- Total Debt
- 10
- Net Working Capital
- 103
- Contingent Liabilities
- 8
- Book Value per Share
- 54.46
- Face Value
- 1.00
- Total Debt
- 10
- Net Working Capital
- 103
- Contingent Liabilities
- 8
- Book Value per Share
- 54.46
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 4
- 230
- 2
- Trade Payables
- 9
- 19
- Total Liabilities
- 264
- 97
- Capital Work in Progress
- 0
- 90
- 42
- 0
- Cash & Bank
- 2
- 34
- Total Assets
- 264
- Total Debt
- 6
- Net Working Capital
- 117
- Contingent Liabilities
- 14
- Book Value per Share
- 58.26
- Face Value
- 1.00
- Total Debt
- 6
- Net Working Capital
- 117
- Contingent Liabilities
- 14
- Book Value per Share
- 58.26
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 4
- 241
- 2
- Trade Payables
- 6
- 17
- Total Liabilities
- 269
- 95
- Capital Work in Progress
- 0
- 106
- 32
- 0
- Cash & Bank
- 3
- 34
- Total Assets
- 269
- Total Debt
- 4
- Net Working Capital
- 121
- Contingent Liabilities
- 11
- Book Value per Share
- 60.96
- Face Value
- 1.00
- Total Debt
- 4
- Net Working Capital
- 121
- Contingent Liabilities
- 11
- Book Value per Share
- 60.96
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 4
- 259
- 2
- Trade Payables
- 16
- 17
- Total Liabilities
- 298
- 98
- Capital Work in Progress
- 1
- 88
- 58
- 25
- Cash & Bank
- 2
- 27
- Total Assets
- 298
- Total Debt
- 4
- Net Working Capital
- 130
- Contingent Liabilities
- 8
- Book Value per Share
- 65.38
- Face Value
- 1.00
- Total Debt
- 4
- Net Working Capital
- 130
- Contingent Liabilities
- 8
- Book Value per Share
- 65.38
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 4
- 302
- 40
- Trade Payables
- 14
- 22
- Total Liabilities
- 383
- 108
- Capital Work in Progress
- 2
- 67
- 96
- 74
- Cash & Bank
- 3
- 32
- Total Assets
- 383
- Total Debt
- 41
- Net Working Capital
- 156
- Contingent Liabilities
- 9
- Book Value per Share
- 76.17
- Face Value
- 1.00
- Total Debt
- 41
- Net Working Capital
- 156
- Contingent Liabilities
- 9
- Book Value per Share
- 76.17
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 10
- 305
- 64
- Trade Payables
- 37
- 32
- Total Liabilities
- 448
- 123
- Capital Work in Progress
- 1
- 72
- 152
- 51
- Cash & Bank
- 4
- 46
- Total Assets
- 448
- Total Debt
- 75
- Net Working Capital
- 145
- Contingent Liabilities
- 11
- Book Value per Share
- 31.32
- Face Value
- 1.00
- Total Debt
- 75
- Net Working Capital
- 145
- Contingent Liabilities
- 11
- Book Value per Share
- 31.32
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -26 | 1 | 10 | 25 | 11 | 7 | 22 | -12 | -38 | 1 | |
| Cash from Investing | -12 | 5 | -3 | -20 | -9 | -1 | -13 | 16 | 8 | -23 |
| Cash from Financing | -1 | -4 | -7 | -7 | -1 | -7 | -7 | -5 | 31 | 22 |
| -39 | 3 | -1 | -2 | 1 | -1 | 2 | -2 | 2 | 0 | |
| Free Cash Flow | -34 | 1 | 8 | 10 | -2 | 3 | 14 | -25 | -59 | -23 |
| OCF / Net Profit | -2.63 | 0.18 | 0.95 | 2.07 | 1.16 | 0.48 | 2.35 | -0.68 | -0.83 | 0.12 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -18 | 19 | 32 | -1 | -70 | -90 |
| OCF / Net Profit | -2.63 | 0.18 | 0.95 | 2.07 | 1.16 | 0.48 | 2.35 | -0.68 | -0.83 | 0.12 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -18 | 19 | 32 | -1 | -70 | -90 |
Mar 2017
- -26
- Cash from Investing
- -12
- Cash from Financing
- -1
- -39
- Free Cash Flow
- -34
- OCF / Net Profit
- -2.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.63
- Cumulative 5-Year FCF
- 0
Mar 2018
- 1
- Cash from Investing
- 5
- Cash from Financing
- -4
- 3
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 0
Mar 2019
- 10
- Cash from Investing
- -3
- Cash from Financing
- -7
- -1
- Free Cash Flow
- 8
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 0
Mar 2020
- 25
- Cash from Investing
- -20
- Cash from Financing
- -7
- -2
- Free Cash Flow
- 10
- OCF / Net Profit
- 2.07
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.07
- Cumulative 5-Year FCF
- 0
Mar 2021
- 11
- Cash from Investing
- -9
- Cash from Financing
- -1
- 1
- Free Cash Flow
- -2
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- -18
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- -18
Mar 2022
- 7
- Cash from Investing
- -1
- Cash from Financing
- -7
- -1
- Free Cash Flow
- 3
- OCF / Net Profit
- 0.48
- Cumulative 5-Year FCF
- 19
- OCF / Net Profit
- 0.48
- Cumulative 5-Year FCF
- 19
Mar 2023
- 22
- Cash from Investing
- -13
- Cash from Financing
- -7
- 2
- Free Cash Flow
- 14
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 32
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 32
Mar 2024
- -12
- Cash from Investing
- 16
- Cash from Financing
- -5
- -2
- Free Cash Flow
- -25
- OCF / Net Profit
- -0.68
- Cumulative 5-Year FCF
- -1
- OCF / Net Profit
- -0.68
- Cumulative 5-Year FCF
- -1
Mar 2025
- -38
- Cash from Investing
- 8
- Cash from Financing
- 31
- 2
- Free Cash Flow
- -59
- OCF / Net Profit
- -0.83
- Cumulative 5-Year FCF
- -70
- OCF / Net Profit
- -0.83
- Cumulative 5-Year FCF
- -70
Mar 2026
- 1
- Cash from Investing
- -23
- Cash from Financing
- 22
- 0
- Free Cash Flow
- -23
- OCF / Net Profit
- 0.12
- Cumulative 5-Year FCF
- -90
- OCF / Net Profit
- 0.12
- Cumulative 5-Year FCF
- -90
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.49 | 1.94 | 2.54 | 3.01 | 2.43 | 3.70 | 2.27 | 4.55 | 11.28 | 1.11 |
| Book Value (₹) | 33.40 | 46.23 | 49.10 | 50.56 | 54.46 | 58.26 | 60.96 | 65.38 | 76.17 | 31.32 |
| Dividend per Share (₹) | 0.75 | 0.75 | 0.90 | 0.90 | 0.60 | 0.90 | 0.70 | 1.00 | 1.00 | 0.00 |
| Cash EPS (₹) | 1.72 | 1.45 | 1.69 | 1.96 | 1.73 | 2.40 | 1.88 | 2.70 | 5.45 | 2.24 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 17.99% | 11.94% | 13.74% | 15.63% | 14.62% | 14.61% | 11.00% | 12.50% | 19.42% | 7.45% |
| Net Margin % | 6.79% | 4.73% | 6.39% | 7.54% | 6.86% | 7.68% | 4.38% | 8.80% | 13.17% | 3.01% |
| ROE % | 7.75% | 4.86% | 5.33% | 6.04% | 4.63% | 6.57% | 3.81% | 7.20% | 15.94% | 3.60% |
| ROCE % | 9.13% | 7.50% | 7.53% | 8.34% | 5.97% | 8.14% | 5.37% | 9.46% | 20.30% | 4.55% |
| 6.65% | 4.16% | 4.70% | 5.29% | 4.03% | 5.80% | 3.42% | 6.44% | 13.33% | 2.70% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 54 | 51 | 57 | 46 | 43 | 31 | 26 | 34 | 52 | 61 |
| Inventory Days | 55 | 49 | 59 | 66 | 70 | 63 | 65 | 79 | 82 | 121 |
| Payable Days | 12 | 12 | 9 | 18 | 20 | 15 | 17 | 31 | 29 | 40 |
| 98 | 88 | 107 | 95 | 93 | 79 | 74 | 82 | 105 | 143 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.08x | 0.06x | 0.04x | 0.05x | 0.04x | 0.03x | 0.02x | 0.01x | 0.13x | 0.24x |
| Interest Coverage (x) | 24.39x | 16.47x | 13.33x | 15.91x | 15.58x | 18.16x | 15.96x | 25.92x | 34.64x | 9.33x |
| 9.20x | 10.68x | 12.23x | 7.25x | 10.18x | 9.16x | 12.96x | 6.75x | 3.50x | 2.35x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -4.15% | 11.46% | -2.93% | 0.46% | -11.15% | 35.84% | 7.73% | -0.36% | 65.67% | 7.97% |
| Operating Profit Growth % | 38.25% | -26.01% | 11.68% | 14.29% | -16.90% | 35.76% | -18.93% | 45.11% | 115.39% | -56.60% |
| Net Profit Growth % | 7.62% | -22.35% | 31.18% | 18.49% | -19.14% | 52.10% | -38.62% | 100.17% | 148.06% | -75.32% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 100.17% | 148.05% | -90.13% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.29x | 7.42x | 62.81x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.09x | 2.75x | 2.23x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.40% | 0.48% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.70x | 12.26x | 24.87x |
Mar 2017
- EPS (₹)
- 2.49
- Book Value (₹)
- 33.40
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 1.72
- Operating Margin %
- 17.99%
- Net Margin %
- 6.79%
- ROE %
- 7.75%
- ROCE %
- 9.13%
- 6.65%
- Debtor Days
- 54
- Inventory Days
- 55
- Payable Days
- 12
- 98
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 24.39x
- 9.20x
- Revenue Growth %
- -4.15%
- Operating Profit Growth %
- 38.25%
- Net Profit Growth %
- 7.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 1.94
- Book Value (₹)
- 46.23
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 1.45
- Operating Margin %
- 11.94%
- Net Margin %
- 4.73%
- ROE %
- 4.86%
- ROCE %
- 7.50%
- 4.16%
- Debtor Days
- 51
- Inventory Days
- 49
- Payable Days
- 12
- 88
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 16.47x
- 10.68x
- Revenue Growth %
- 11.46%
- Operating Profit Growth %
- -26.01%
- Net Profit Growth %
- -22.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 2.54
- Book Value (₹)
- 49.10
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 1.69
- Operating Margin %
- 13.74%
- Net Margin %
- 6.39%
- ROE %
- 5.33%
- ROCE %
- 7.53%
- 4.70%
- Debtor Days
- 57
- Inventory Days
- 59
- Payable Days
- 9
- 107
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 13.33x
- 12.23x
- Revenue Growth %
- -2.93%
- Operating Profit Growth %
- 11.68%
- Net Profit Growth %
- 31.18%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.01
- Book Value (₹)
- 50.56
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 1.96
- Operating Margin %
- 15.63%
- Net Margin %
- 7.54%
- ROE %
- 6.04%
- ROCE %
- 8.34%
- 5.29%
- Debtor Days
- 46
- Inventory Days
- 66
- Payable Days
- 18
- 95
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 15.91x
- 7.25x
- Revenue Growth %
- 0.46%
- Operating Profit Growth %
- 14.29%
- Net Profit Growth %
- 18.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 2.43
- Book Value (₹)
- 54.46
- Dividend per Share (₹)
- 0.60
- Cash EPS (₹)
- 1.73
- Operating Margin %
- 14.62%
- Net Margin %
- 6.86%
- ROE %
- 4.63%
- ROCE %
- 5.97%
- 4.03%
- Debtor Days
- 43
- Inventory Days
- 70
- Payable Days
- 20
- 93
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 15.58x
- 10.18x
- Revenue Growth %
- -11.15%
- Operating Profit Growth %
- -16.90%
- Net Profit Growth %
- -19.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 3.70
- Book Value (₹)
- 58.26
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 2.40
- Operating Margin %
- 14.61%
- Net Margin %
- 7.68%
- ROE %
- 6.57%
- ROCE %
- 8.14%
- 5.80%
- Debtor Days
- 31
- Inventory Days
- 63
- Payable Days
- 15
- 79
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 18.16x
- 9.16x
- Revenue Growth %
- 35.84%
- Operating Profit Growth %
- 35.76%
- Net Profit Growth %
- 52.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.27
- Book Value (₹)
- 60.96
- Dividend per Share (₹)
- 0.70
- Cash EPS (₹)
- 1.88
- Operating Margin %
- 11.00%
- Net Margin %
- 4.38%
- ROE %
- 3.81%
- ROCE %
- 5.37%
- 3.42%
- Debtor Days
- 26
- Inventory Days
- 65
- Payable Days
- 17
- 74
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 15.96x
- 12.96x
- Revenue Growth %
- 7.73%
- Operating Profit Growth %
- -18.93%
- Net Profit Growth %
- -38.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 4.55
- Book Value (₹)
- 65.38
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 2.70
- Operating Margin %
- 12.50%
- Net Margin %
- 8.80%
- ROE %
- 7.20%
- ROCE %
- 9.46%
- 6.44%
- Debtor Days
- 34
- Inventory Days
- 79
- Payable Days
- 31
- 82
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 25.92x
- 6.75x
- Revenue Growth %
- -0.36%
- Operating Profit Growth %
- 45.11%
- Net Profit Growth %
- 100.17%
- 100.17%
- P/E (x)
- 6.29x
- P/B (x)
- 1.09x
- Dividend Yield %
- 1.40%
- 8.70x
Mar 2025
- EPS (₹)
- 11.28
- Book Value (₹)
- 76.17
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 5.45
- Operating Margin %
- 19.42%
- Net Margin %
- 13.17%
- ROE %
- 15.94%
- ROCE %
- 20.30%
- 13.33%
- Debtor Days
- 52
- Inventory Days
- 82
- Payable Days
- 29
- 105
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 34.64x
- 3.50x
- Revenue Growth %
- 65.67%
- Operating Profit Growth %
- 115.39%
- Net Profit Growth %
- 148.06%
- 148.05%
- P/E (x)
- 7.42x
- P/B (x)
- 2.75x
- Dividend Yield %
- 0.48%
- 12.26x
Mar 2026
- EPS (₹)
- 1.11
- Book Value (₹)
- 31.32
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.24
- Operating Margin %
- 7.45%
- Net Margin %
- 3.01%
- ROE %
- 3.60%
- ROCE %
- 4.55%
- 2.70%
- Debtor Days
- 61
- Inventory Days
- 121
- Payable Days
- 40
- 143
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 9.33x
- 2.35x
- Revenue Growth %
- 7.97%
- Operating Profit Growth %
- -56.60%
- Net Profit Growth %
- -75.32%
- -90.13%
- P/E (x)
- 62.81x
- P/B (x)
- 2.23x
- Dividend Yield %
- 0.00%
- 24.87x
Documents
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