ZF Steering Gear (India) Ltd.
•₹ 671.90.58%
2026-08-21
PROS
- Latest quarter profit grew 59.7% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.53x)
- Working capital cycle has improved - days down from 52 to 24
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (34.3% of PBT)
- Company has a low return on equity of 5.1% over last 3 years
- Recent results are weak - TTM profit is down 14.7% versus prior year
- Company has a low return on capital employed of 7.6%
- Promoter holding has decreased over last 2 years: -4.4pp
* 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. | MOTHERSON | 170.35 | 41.05 | 179794.93 | 0.35 | 1075.66 | 77.48 | 35243.77 | 17.70 | 13.63 | 8.86 |
| 2. | BOSCHLTD | 48360.00 | 60.36 | 142643.14 | 0.56 | 706.10 | -36.74 | 5841.90 | 22.00 | 25.60 | 14.08 |
| 3. | UNOMINDA | 1275.00 | 61.24 | 73627.07 | 0.21 | 315.51 | 2.10 | 5556.85 | 23.79 | 20.74 | 11.14 |
| 4. | TIINDIA | 2936.45 | 93.72 | 56841.54 | 0.12 | 293.96 | -3.04 | 6215.33 | 20.20 | 27.33 | 8.81 |
| 5. | SONACOMS | 823.00 | 73.78 | 51346.20 | 0.41 | 178.51 | 46.67 | 1301.20 | 52.38 | 14.75 | 22.55 |
| 6. | ENDURANCE | 2987.10 | 43.32 | 42017.40 | 0.39 | 244.52 | 8.03 | 4314.89 | 30.01 | 18.33 | 12.42 |
| 7. | ZFCVINDIA | 2617.15 | 59.66 | 29784.61 | 0.03 | 1044.78 | 753.75 | 10661.76 | 992.89 | 20.23 | 12.93 |
| 8. | CRAFTSMAN | 10778.15 | 60.63 | 28189.64 | 0.10 | 150.55 | 116.31 | 2431.58 | 36.30 | 14.65 | 15.81 |
| 9. | MSUMI | 39.27 | 0.00 | 26042.54 | 1.48 | 1453.20 | 915.51 | 34072.60 | 1273.43 | 43.72 | 7.58 |
| 10. | GABRIEL | 1438.55 | 85.65 | 25495.42 | 0.35 | 108.13 | 74.48 | 1425.68 | 29.80 | 26.37 | 11.71 |
| 11. | SANSERA | 3894.75 | 69.76 | 24304.63 | 0.10 | 87.36 | 38.71 | 1021.26 | 33.27 | 13.97 | 19.18 |
| 12. | ZFSTEERING | 684.30 | 31.36 | 620.89 | 0.00 | 11.42 | 59.72 | 143.06 | 7.62 | 6.42 | 9.32 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 121 | 119 | 114 | 124 | 128 | 111 | 118 | 137 | 133 | 121 | 143 | 174 | 143 | |
| 102 | 106 | 103 | 114 | 112 | 100 | 107 | 122 | 115 | 108 | 120 | 153 | 142 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 6 | 13 | 9 | 8 | 5 | 1 | 6 | 5 | 1 | 2 | 1 | 15 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 8 | 8 | 8 | 9 | 9 | 10 | 11 | 13 | 11 | 11 | 12 | 13 | 10 |
| 17 | 11 | 14 | 10 | 14 | 6 | -1 | 6 | 11 | 0 | 11 | 7 | 16 | |
| Tax % | 32.47% | -14.76% | 19.01% | 15.83% | 28.34% | 70.99% | -33.08% | 57.35% | 33.55% | 1600.00% | 35.06% | 113.32% | 27.21% |
| Net Profit | 0 | 0 | 0 | 0 | 10 | 2 | -2 | 2 | 7 | -2 | 7 | -1 | 11 |
| 13 | 14 | 12 | 9 | 11 | 2 | -1 | 4 | 8 | -0 | 9 | -0 | 1 | |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| 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 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| 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
- 121
- 102
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 0
- Depreciation
- 8
- 17
- Tax %
- 32.47%
- Net Profit
- 0
- 13
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 119
- 106
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 8
- 11
- Tax %
- -14.76%
- Net Profit
- 0
- 14
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 114
- 103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 0
- Depreciation
- 8
- 14
- Tax %
- 19.01%
- Net Profit
- 0
- 12
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 124
- 114
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 1
- Depreciation
- 9
- 10
- Tax %
- 15.83%
- Net Profit
- 0
- 9
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 128
- 112
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 1
- Depreciation
- 9
- 14
- Tax %
- 28.34%
- Net Profit
- 10
- 11
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 111
- 100
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 10
- 6
- Tax %
- 70.99%
- Net Profit
- 2
- 2
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 118
- 107
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 11
- -1
- Tax %
- -33.08%
- Net Profit
- -2
- -1
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 137
- 122
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 2
- Depreciation
- 13
- 6
- Tax %
- 57.35%
- Net Profit
- 2
- 4
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 133
- 115
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 11
- 11
- Tax %
- 33.55%
- Net Profit
- 7
- 8
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 121
- 108
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 11
- 0
- Tax %
- 1600.00%
- Net Profit
- -2
- -0
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 143
- 120
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 12
- 11
- Tax %
- 35.06%
- Net Profit
- 7
- 9
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 174
- 153
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 13
- 7
- Tax %
- 113.32%
- Net Profit
- -1
- -0
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 143
- 142
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 2
- Depreciation
- 10
- 16
- Tax %
- 27.21%
- Net Profit
- 11
- 1
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 351 | 424 | 399 | 425 | 439 | 450 | 478 | 494 | 571 | 581 | |
| 305 | 360 | 317 | 336 | 364 | 395 | 426 | 441 | 496 | 524 | |
| Operating Profit | 56 | 70 | 94 | 98 | 86 | 69 | 87 | 74 | 85 | — |
| OPM % | 16 | 17 | 23 | 23 | 20 | 15 | 18 | 15 | 15 | — |
| Other Income | 10 | 6 | 12 | 10 | 11 | 13 | 34 | 21 | 10 | 19 |
| Interest | 1 | 2 | 2 | 3 | 2 | 1 | 1 | 7 | 8 | 8 |
| Depreciation | 27 | 31 | 28 | 33 | 31 | 32 | 34 | 43 | 47 | 47 |
| 28 | 38 | 63 | 61 | 53 | 36 | 52 | 24 | 29 | 34 | |
| Tax % | 26 | 33 | 21 | 23 | -23 | 32 | 16 | 49 | 58 | 52 |
| Net Profit | 21 | 25 | 50 | 47 | 66 | 25 | 44 | 13 | 12 | 16 |
| EPS | 0 | 0 | 0 | 0 | 0 | 27 | 48 | 16 | 17 | — |
| Dividend Payout % | 44 | 45 | 23 | 17 | 0 | 18 | 17 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | -1 |
| Share of Associates | 0 | 0 | -18 | -4 | -22 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 23 | 28 | 35 | 48 | 48 | 27 | 48 | 16 | 17 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | -1 |
| Share of Associates | 0 | 0 | -18 | -4 | -22 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 23 | 28 | 35 | 48 | 48 | 27 | 48 | 16 | 17 | — |
Mar 2015
- 351
- 305
- Operating Profit
- 56
- OPM %
- 16
- Other Income
- 10
- Interest
- 1
- Depreciation
- 27
- 28
- Tax %
- 26
- Net Profit
- 21
- EPS
- 0
- Dividend Payout %
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2016
- 424
- 360
- Operating Profit
- 70
- OPM %
- 17
- Other Income
- 6
- Interest
- 2
- Depreciation
- 31
- 38
- Tax %
- 33
- Net Profit
- 25
- EPS
- 0
- Dividend Payout %
- 45
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
Mar 2017
- 399
- 317
- Operating Profit
- 94
- OPM %
- 23
- Other Income
- 12
- Interest
- 2
- Depreciation
- 28
- 63
- Tax %
- 21
- Net Profit
- 50
- EPS
- 0
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- -18
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- -18
- Adjusted EPS
- 35
Mar 2018
- 425
- 336
- Operating Profit
- 98
- OPM %
- 23
- Other Income
- 10
- Interest
- 3
- Depreciation
- 33
- 61
- Tax %
- 23
- Net Profit
- 47
- EPS
- 0
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- -4
- Adjusted EPS
- 48
- Minority Interest
- 0
- Share of Associates
- -4
- Adjusted EPS
- 48
Mar 2019
- 439
- 364
- Operating Profit
- 86
- OPM %
- 20
- Other Income
- 11
- Interest
- 2
- Depreciation
- 31
- 53
- Tax %
- -23
- Net Profit
- 66
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -22
- Adjusted EPS
- 48
- Minority Interest
- 0
- Share of Associates
- -22
- Adjusted EPS
- 48
Mar 2023
- 450
- 395
- Operating Profit
- 69
- OPM %
- 15
- Other Income
- 13
- Interest
- 1
- Depreciation
- 32
- 36
- Tax %
- 32
- Net Profit
- 25
- EPS
- 27
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
Mar 2024
- 478
- 426
- Operating Profit
- 87
- OPM %
- 18
- Other Income
- 34
- Interest
- 1
- Depreciation
- 34
- 52
- Tax %
- 16
- Net Profit
- 44
- EPS
- 48
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
Mar 2025
- 494
- 441
- Operating Profit
- 74
- OPM %
- 15
- Other Income
- 21
- Interest
- 7
- Depreciation
- 43
- 24
- Tax %
- 49
- Net Profit
- 13
- EPS
- 16
- Dividend Payout %
- 0
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2026
- 571
- 496
- Operating Profit
- 85
- OPM %
- 15
- Other Income
- 10
- Interest
- 8
- Depreciation
- 47
- 29
- Tax %
- 58
- Net Profit
- 12
- EPS
- 17
- Dividend Payout %
- 0
- Minority Interest
- 3
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 3
- Share of Associates
- 0
- Adjusted EPS
- 17
TTM
- 581
- 524
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 8
- Depreciation
- 47
- 34
- Tax %
- 52
- Net Profit
- 16
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 6%
- 3 Years:
- 8%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- -19%
- 3 Years:
- -14%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 8%
- 3 Years:
- 5%
- Last Year:
- 3%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| 203 | 215 | 255 | 291 | 326 | 410 | 449 | 457 | 472 | |
| 10 | 25 | 41 | 42 | 13 | 36 | 30 | 42 | 50 | |
| Trade Payables | 46 | 53 | 45 | 51 | 41 | 35 | 34 | 40 | 56 |
| 49 | 36 | 55 | 56 | 53 | 12 | 65 | 83 | 99 | |
| Total Liabilities | 317 | 337 | 404 | 449 | 443 | 503 | 587 | 631 | 686 |
| ASSETS | - | - | - | - | - | - | - | - | - |
| 125 | 131 | 120 | 105 | 111 | 157 | 204 | 244 | 229 | |
| Capital Work in Progress | 4 | 7 | 0 | 1 | 26 | 7 | 29 | 15 | 68 |
| 50 | 59 | 116 | 154 | 119 | 147 | 134 | 156 | 135 | |
| 33 | 29 | 39 | 40 | 40 | 58 | 67 | 67 | 67 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 98 | 111 | 101 | |
| Cash & Bank | 14 | 7 | 2 | 5 | 6 | 1 | 12 | 1 | 5 |
| 92 | 103 | 127 | 146 | 140 | 132 | 43 | 37 | 80 | |
| Total Assets | 317 | 337 | 404 | 449 | 443 | 503 | 587 | 631 | 686 |
| Total Debt | 23 | 35 | 62 | 64 | 46 | 38 | 73 | 97 | 101 |
| Net Working Capital | 36 | 19 | 29 | 38 | 41 | 88 | 98 | 70 | 37 |
| Contingent Liabilities | 31 | 41 | 10 | 15 | 12 | 20 | 51 | 59 | 50 |
| Book Value per Share | 230.31 | 246.62 | 291.33 | 331.25 | 369.56 | 461.61 | 505.19 | 513.68 | 530.69 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 23 | 35 | 62 | 64 | 46 | 38 | 73 | 97 | 101 |
| Net Working Capital | 36 | 19 | 29 | 38 | 41 | 88 | 98 | 70 | 37 |
| Contingent Liabilities | 31 | 41 | 10 | 15 | 12 | 20 | 51 | 59 | 50 |
| Book Value per Share | 230.31 | 246.62 | 291.33 | 331.25 | 369.56 | 461.61 | 505.19 | 513.68 | 530.69 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2015
- Equity Capital
- 9
- 203
- 10
- Trade Payables
- 46
- 49
- Total Liabilities
- 317
- 125
- Capital Work in Progress
- 4
- 50
- 33
- 0
- Cash & Bank
- 14
- 92
- Total Assets
- 317
- Total Debt
- 23
- Net Working Capital
- 36
- Contingent Liabilities
- 31
- Book Value per Share
- 230.31
- Face Value
- 10.00
- Total Debt
- 23
- Net Working Capital
- 36
- Contingent Liabilities
- 31
- Book Value per Share
- 230.31
- Face Value
- 10.00
Mar 2016
- Equity Capital
- 9
- 215
- 25
- Trade Payables
- 53
- 36
- Total Liabilities
- 337
- 131
- Capital Work in Progress
- 7
- 59
- 29
- 0
- Cash & Bank
- 7
- 103
- Total Assets
- 337
- Total Debt
- 35
- Net Working Capital
- 19
- Contingent Liabilities
- 41
- Book Value per Share
- 246.62
- Face Value
- 10.00
- Total Debt
- 35
- Net Working Capital
- 19
- Contingent Liabilities
- 41
- Book Value per Share
- 246.62
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 9
- 255
- 41
- Trade Payables
- 45
- 55
- Total Liabilities
- 404
- 120
- Capital Work in Progress
- 0
- 116
- 39
- 0
- Cash & Bank
- 2
- 127
- Total Assets
- 404
- Total Debt
- 62
- Net Working Capital
- 29
- Contingent Liabilities
- 10
- Book Value per Share
- 291.33
- Face Value
- 10.00
- Total Debt
- 62
- Net Working Capital
- 29
- Contingent Liabilities
- 10
- Book Value per Share
- 291.33
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 9
- 291
- 42
- Trade Payables
- 51
- 56
- Total Liabilities
- 449
- 105
- Capital Work in Progress
- 1
- 154
- 40
- 0
- Cash & Bank
- 5
- 146
- Total Assets
- 449
- Total Debt
- 64
- Net Working Capital
- 38
- Contingent Liabilities
- 15
- Book Value per Share
- 331.25
- Face Value
- 10.00
- Total Debt
- 64
- Net Working Capital
- 38
- Contingent Liabilities
- 15
- Book Value per Share
- 331.25
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 9
- 326
- 13
- Trade Payables
- 41
- 53
- Total Liabilities
- 443
- 111
- Capital Work in Progress
- 26
- 119
- 40
- 0
- Cash & Bank
- 6
- 140
- Total Assets
- 443
- Total Debt
- 46
- Net Working Capital
- 41
- Contingent Liabilities
- 12
- Book Value per Share
- 369.56
- Face Value
- 10.00
- Total Debt
- 46
- Net Working Capital
- 41
- Contingent Liabilities
- 12
- Book Value per Share
- 369.56
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 9
- 410
- 36
- Trade Payables
- 35
- 12
- Total Liabilities
- 503
- 157
- Capital Work in Progress
- 7
- 147
- 58
- 0
- Cash & Bank
- 1
- 132
- Total Assets
- 503
- Total Debt
- 38
- Net Working Capital
- 88
- Contingent Liabilities
- 20
- Book Value per Share
- 461.61
- Face Value
- 10.00
- Total Debt
- 38
- Net Working Capital
- 88
- Contingent Liabilities
- 20
- Book Value per Share
- 461.61
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 9
- 449
- 30
- Trade Payables
- 34
- 65
- Total Liabilities
- 587
- 204
- Capital Work in Progress
- 29
- 134
- 67
- 98
- Cash & Bank
- 12
- 43
- Total Assets
- 587
- Total Debt
- 73
- Net Working Capital
- 98
- Contingent Liabilities
- 51
- Book Value per Share
- 505.19
- Face Value
- 10.00
- Total Debt
- 73
- Net Working Capital
- 98
- Contingent Liabilities
- 51
- Book Value per Share
- 505.19
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 9
- 457
- 42
- Trade Payables
- 40
- 83
- Total Liabilities
- 631
- 244
- Capital Work in Progress
- 15
- 156
- 67
- 111
- Cash & Bank
- 1
- 37
- Total Assets
- 631
- Total Debt
- 97
- Net Working Capital
- 70
- Contingent Liabilities
- 59
- Book Value per Share
- 513.68
- Face Value
- 10.00
- Total Debt
- 97
- Net Working Capital
- 70
- Contingent Liabilities
- 59
- Book Value per Share
- 513.68
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 9
- 472
- 50
- Trade Payables
- 56
- 99
- Total Liabilities
- 686
- 229
- Capital Work in Progress
- 68
- 135
- 67
- 101
- Cash & Bank
- 5
- 80
- Total Assets
- 686
- Total Debt
- 101
- Net Working Capital
- 37
- Contingent Liabilities
- 50
- Book Value per Share
- 530.69
- Face Value
- 10.00
- Total Debt
- 101
- Net Working Capital
- 37
- Contingent Liabilities
- 50
- Book Value per Share
- 530.69
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 48 | 51 | 63 | 68 | 72 | 49 | 35 | 40 | 98 | |
| Cash from Investing | -37 | -43 | -47 | -55 | -42 | -63 | -52 | -64 | -89 |
| Cash from Financing | -2 | -14 | -16 | -10 | -29 | 12 | 29 | 14 | -5 |
| 9 | -6 | -0 | 2 | 1 | -2 | 11 | -10 | 4 | |
| Free Cash Flow | 48 | 15 | 63 | 49 | 10 | -95 | -60 | -4 | 18 |
| OCF / Net Profit | 2.33 | 2.01 | 1.26 | 1.43 | 1.10 | 1.99 | 0.80 | 3.15 | 8.15 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 42 | -33 | -100 | -131 |
| OCF / Net Profit | 2.33 | 2.01 | 1.26 | 1.43 | 1.10 | 1.99 | 0.80 | 3.15 | 8.15 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 42 | -33 | -100 | -131 |
Mar 2015
- 48
- Cash from Investing
- -37
- Cash from Financing
- -2
- 9
- Free Cash Flow
- 48
- OCF / Net Profit
- 2.33
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.33
- Cumulative 5-Year FCF
- 0
Mar 2016
- 51
- Cash from Investing
- -43
- Cash from Financing
- -14
- -6
- Free Cash Flow
- 15
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 0
Mar 2017
- 63
- Cash from Investing
- -47
- Cash from Financing
- -16
- -0
- Free Cash Flow
- 63
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
Mar 2018
- 68
- Cash from Investing
- -55
- Cash from Financing
- -10
- 2
- Free Cash Flow
- 49
- OCF / Net Profit
- 1.43
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.43
- Cumulative 5-Year FCF
- 0
Mar 2019
- 72
- Cash from Investing
- -42
- Cash from Financing
- -29
- 1
- Free Cash Flow
- 10
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 0
Mar 2023
- 49
- Cash from Investing
- -63
- Cash from Financing
- 12
- -2
- Free Cash Flow
- -95
- OCF / Net Profit
- 1.99
- Cumulative 5-Year FCF
- 42
- OCF / Net Profit
- 1.99
- Cumulative 5-Year FCF
- 42
Mar 2024
- 35
- Cash from Investing
- -52
- Cash from Financing
- 29
- 11
- Free Cash Flow
- -60
- OCF / Net Profit
- 0.80
- Cumulative 5-Year FCF
- -33
- OCF / Net Profit
- 0.80
- Cumulative 5-Year FCF
- -33
Mar 2025
- 40
- Cash from Investing
- -64
- Cash from Financing
- 14
- -10
- Free Cash Flow
- -4
- OCF / Net Profit
- 3.15
- Cumulative 5-Year FCF
- -100
- OCF / Net Profit
- 3.15
- Cumulative 5-Year FCF
- -100
Mar 2026
- 98
- Cash from Investing
- -89
- Cash from Financing
- -5
- 4
- Free Cash Flow
- 18
- OCF / Net Profit
- 8.15
- Cumulative 5-Year FCF
- -131
- OCF / Net Profit
- 8.15
- Cumulative 5-Year FCF
- -131
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 22.78 | 27.97 | 34.52 | 47.65 | 48.35 | 27.06 | 48.17 | 16.45 | 16.97 |
| Book Value (₹) | 230.31 | 246.62 | 291.33 | 331.25 | 369.56 | 461.61 | 505.19 | 513.68 | 530.69 |
| Dividend per Share (₹) | 10.00 | 12.50 | 8.00 | 8.00 | 0.00 | 5.00 | 8.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 52.95 | 61.68 | 85.49 | 88.58 | 106.44 | 62.54 | 85.33 | 61.05 | 65.44 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 14.28% | 14.77% | 20.93% | 22.47% | 19.59% | 15.36% | 10.94% | 10.76% | 13.12% |
| Net Margin % | 5.26% | 5.34% | 11.13% | 10.81% | 14.92% | 5.45% | 9.14% | 2.55% | 2.11% |
| ROE % | 9.89% | 11.73% | 20.37% | 16.66% | 20.62% | 6.51% | 9.96% | 2.72% | 2.54% |
| ROCE % | 12.43% | 16.17% | 22.44% | 18.70% | 14.78% | 8.84% | 10.71% | 5.68% | 6.42% |
| 6.51% | 7.75% | 13.41% | 11.03% | 14.70% | 5.19% | 8.02% | 2.07% | 1.83% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - |
| Debtor Days | 55 | 48 | 58 | 71 | 70 | 75 | 78 | 77 | 68 |
| Inventory Days | 31 | 24 | 28 | 33 | 33 | 40 | 48 | 50 | 43 |
| Payable Days | 75 | 68 | 77 | 71 | 62 | 48 | 41 | 44 | 52 |
| 11 | 4 | 9 | 33 | 41 | 66 | 85 | 83 | 58 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.11x | 0.16x | 0.24x | 0.21x | 0.14x | 0.09x | 0.16x | 0.21x | 0.21x |
| Interest Coverage (x) | 33.78x | 22.41x | 26.42x | 20.07x | 28.36x | 51.42x | 52.36x | 4.73x | 4.58x |
| 1.42x | 1.19x | 1.27x | 1.34x | 1.42x | 2.05x | 2.04x | 1.57x | 1.25x | |
| GROWTH | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 20.70% | -5.94% | 6.45% | 3.50% | 2.50% | 6.09% | 3.35% | 15.63% |
| Operating Profit Growth % | 0.00% | 25.03% | 33.20% | 4.67% | -12.05% | -19.62% | 25.13% | -14.72% | 14.80% |
| Net Profit Growth % | 0.00% | 22.78% | 95.94% | -5.33% | 39.26% | -62.56% | 78.00% | -71.18% | -4.37% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 78.04% | -65.85% | 3.15% | |
| VALUATION | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.02x | 59.90x | 34.24x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.62x | 1.92x | 1.09x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.98% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.29x | 13.40x | 7.35x |
Mar 2015
- EPS (₹)
- 22.78
- Book Value (₹)
- 230.31
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 52.95
- Operating Margin %
- 14.28%
- Net Margin %
- 5.26%
- ROE %
- 9.89%
- ROCE %
- 12.43%
- 6.51%
- Debtor Days
- 55
- Inventory Days
- 31
- Payable Days
- 75
- 11
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 33.78x
- 1.42x
- 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 2016
- EPS (₹)
- 27.97
- Book Value (₹)
- 246.62
- Dividend per Share (₹)
- 12.50
- Cash EPS (₹)
- 61.68
- Operating Margin %
- 14.77%
- Net Margin %
- 5.34%
- ROE %
- 11.73%
- ROCE %
- 16.17%
- 7.75%
- Debtor Days
- 48
- Inventory Days
- 24
- Payable Days
- 68
- 4
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 22.41x
- 1.19x
- Revenue Growth %
- 20.70%
- Operating Profit Growth %
- 25.03%
- Net Profit Growth %
- 22.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 34.52
- Book Value (₹)
- 291.33
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 85.49
- Operating Margin %
- 20.93%
- Net Margin %
- 11.13%
- ROE %
- 20.37%
- ROCE %
- 22.44%
- 13.41%
- Debtor Days
- 58
- Inventory Days
- 28
- Payable Days
- 77
- 9
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 26.42x
- 1.27x
- Revenue Growth %
- -5.94%
- Operating Profit Growth %
- 33.20%
- Net Profit Growth %
- 95.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 47.65
- Book Value (₹)
- 331.25
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 88.58
- Operating Margin %
- 22.47%
- Net Margin %
- 10.81%
- ROE %
- 16.66%
- ROCE %
- 18.70%
- 11.03%
- Debtor Days
- 71
- Inventory Days
- 33
- Payable Days
- 71
- 33
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 20.07x
- 1.34x
- Revenue Growth %
- 6.45%
- Operating Profit Growth %
- 4.67%
- Net Profit Growth %
- -5.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 48.35
- Book Value (₹)
- 369.56
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 106.44
- Operating Margin %
- 19.59%
- Net Margin %
- 14.92%
- ROE %
- 20.62%
- ROCE %
- 14.78%
- 14.70%
- Debtor Days
- 70
- Inventory Days
- 33
- Payable Days
- 62
- 41
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 28.36x
- 1.42x
- Revenue Growth %
- 3.50%
- Operating Profit Growth %
- -12.05%
- Net Profit Growth %
- 39.26%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 27.06
- Book Value (₹)
- 461.61
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 62.54
- Operating Margin %
- 15.36%
- Net Margin %
- 5.45%
- ROE %
- 6.51%
- ROCE %
- 8.84%
- 5.19%
- Debtor Days
- 75
- Inventory Days
- 40
- Payable Days
- 48
- 66
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 51.42x
- 2.05x
- Revenue Growth %
- 2.50%
- Operating Profit Growth %
- -19.62%
- Net Profit Growth %
- -62.56%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 48.17
- Book Value (₹)
- 505.19
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 85.33
- Operating Margin %
- 10.94%
- Net Margin %
- 9.14%
- ROE %
- 9.96%
- ROCE %
- 10.71%
- 8.02%
- Debtor Days
- 78
- Inventory Days
- 48
- Payable Days
- 41
- 85
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 52.36x
- 2.04x
- Revenue Growth %
- 6.09%
- Operating Profit Growth %
- 25.13%
- Net Profit Growth %
- 78.00%
- 78.04%
- P/E (x)
- 17.02x
- P/B (x)
- 1.62x
- Dividend Yield %
- 0.98%
- 9.29x
Mar 2025
- EPS (₹)
- 16.45
- Book Value (₹)
- 513.68
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 61.05
- Operating Margin %
- 10.76%
- Net Margin %
- 2.55%
- ROE %
- 2.72%
- ROCE %
- 5.68%
- 2.07%
- Debtor Days
- 77
- Inventory Days
- 50
- Payable Days
- 44
- 83
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 4.73x
- 1.57x
- Revenue Growth %
- 3.35%
- Operating Profit Growth %
- -14.72%
- Net Profit Growth %
- -71.18%
- -65.85%
- P/E (x)
- 59.90x
- P/B (x)
- 1.92x
- Dividend Yield %
- 0.00%
- 13.40x
Mar 2026
- EPS (₹)
- 16.97
- Book Value (₹)
- 530.69
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 65.44
- Operating Margin %
- 13.12%
- Net Margin %
- 2.11%
- ROE %
- 2.54%
- ROCE %
- 6.42%
- 1.83%
- Debtor Days
- 68
- Inventory Days
- 43
- Payable Days
- 52
- 58
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 4.58x
- 1.25x
- Revenue Growth %
- 15.63%
- Operating Profit Growth %
- 14.80%
- Net Profit Growth %
- -4.37%
- 3.15%
- P/E (x)
- 34.24x
- P/B (x)
- 1.09x
- Dividend Yield %
- 0.00%
- 7.35x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Apr 2023