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Ask the chart: “Has this stock recovered from similar drawdowns before?”
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Latest filings
NSE announcements · newest firstCopy Srutinizers report of Annual General Meeting held on September 23, 2025. Further, the company has informed the Exchange regarding voting results.
Proceedings of Annual General Meeting held on September 23, 2026
Bagging/Receiving of orders/contracts
Key MetricsFull financials →
P/E (TTM)
9.7×
EPS ₹2.42
P / Book
3.70×
BVPS ₹6
ROE
42.3%
FY26, avg equity
Net margin
26.5%
FY26
Revenue YoY
+164.0%
Q1 FY27
Net profit YoY
+75.3%
Q1 FY27
Debt / equity
0.75×
₹83 Cr debt
Div. yield
0.51%
₹0.12 in 12 months
From NSE filings (consolidated) and the last close.
Shareholding Pattern Jun 2026
Promoter pledge: none reported
Peer Comparison
| Company | P/E | P/B | ROE | Margin |
|---|---|---|---|---|
| CCCL₹595 Cr | – | 2.13× | 33.0% | 26.8% |
| PENINLAND₹555 Cr | – | 7.78× | -102.3% | -107.5% |
| NILASPACES₹436 Cr | 13.8× | 2.55× | 18.4% | 15.5% |
| SBGLP₹408 Cr | 9.7× | 3.70× | 42.3% | 26.5% |
| NIMBSPROJ₹381 Cr | – | 1.37× | -31.6% | -38.5% |
| EMAMIREAL₹300 Cr | – | – | – | -203.4% |
Residential, Commercial Projects: the companies closest in market value, of the 66 in that basic industry whose filings we hold. Computed from each company's NSE filings (up to Q1 FY27) and the last close; hover a column for its definition.
Forensic Flags3 Watch
Operating cash flow was -0.03× net profit
Cumulative over FY23–FY26 (4 years).
Free cash flow was negative in 3 of the last 4 years
Operating cash flow less capital expenditure, as filed.
Receivables grew 775% against revenue growth of 301%
FY26: debtor days moved from 43 to 95.
Debt to equity is 0.75×
As at 2026-03-31; it was 2.81× at 2023-03-31.
10 checks within their thresholds
Inventory grew 24% against revenue growth of 301%
FY26: inventory days moved from 1349 to 418.
Profit before interest and tax covers finance costs 76.3×
FY26.
Other income is 1% of profit before tax
FY26.
Exceptional items above 5% of pre-tax profit in 0 of the last 4 years
FY23–FY26.
Effective tax rate averaged 26%
Tax over pre-tax profit, last 3 years. The base corporate rate is about 25%.
Share count changed +0.0% in three years, net of bonuses and splits
From 2023-03-31 to 2026-03-31. Shares issued for mergers, placements, conversions and stock options all count.
Promoter holding is 73.39%, +0.00 points over a year
2026-06-30 against 2025-06-30.
No promoter shares are pledged
Shareholding pattern as at 2026-06-30.
No auditor change or resignation filings in three years
From NSE announcements on record.
Results were filed late in 0 of the last 8 quarters
Slowest filing came 57 days after the period end.
Computed from NSE filings (consolidated). Colours follow fixed thresholds, shown on hover. These are facts about the filings, not advice.
Formula Scores
Piotroski F-score: 5 of 9 · FY to 2026-03-31one point for each of nine tests on profitability, leverage and liquidity, and operating efficiency, comparing the year with the one before
- ✓ Return on assets positive: 20.46 — profit after tax over the year's opening total assets, %
- ✗ Operating cash flow positive: -5.9 — ₹ crore
- ✗ Cash flow above profit (accruals): -43.8 — operating cash flow less profit after tax, ₹ crore
- ✓ Return on assets improved: 11.78 — change in ROA, percentage points
- ✓ Long-term borrowings to assets fell: -6.32 — change in long-term borrowings over total assets, percentage points
- ✗ Current ratio improved: -0.24 — change in current assets over current liabilities
- ✓ No new shares issued: 0 — change in share capital, %
- ✗ Gross margin improved: -10.3 — revenue less material cost over revenue, change in percentage points
- ✓ Asset turnover improved: 0.492 — revenue over the year's opening total assets, change
Inputs: profit after tax ₹38 Cr (2026-03-31) · profit after tax ₹11 Cr (2025-03-31) · total assets ₹263 Cr (2026-03-31) · total assets ₹185 Cr (2025-03-31)
The paper's bands: 8–9: the paper's high group; 0–2: the paper's low group
Source: Joseph Piotroski, "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers", Journal of Accounting Research, 2000
Altman Z-score: 3.99 · FY to 2026-03-31Z = 1.2 × working capital / total assets + 1.4 × retained earnings / total assets + 3.3 × EBIT / total assets + 0.6 × market value of equity / total liabilities + 1.0 × sales / total assets
- working capital / total assets: 0.536 × 1.2
- retained earnings / total assets: 0.354 × 1.4 — reserves and surplus as retained earnings
- EBIT / total assets: 0.197 × 3.3 — profit before tax plus finance cost
- market value of equity / total liabilities: 2.76 × 0.6 — market capitalisation over total assets less equity
- sales / total assets: 0.544 × 1
Inputs: total assets ₹263 Cr (2026-03-31) · current assets ₹217 Cr (2026-03-31) · current liabilities ₹76 Cr (2026-03-31) · reserves ₹93 Cr (2026-03-31) · total equity ₹110 Cr (2026-03-31) · profit before tax ₹51 Cr (2026-03-31) · finance cost ₹1 Cr (2026-03-31) · revenue ₹143 Cr (2026-03-31) · market capitalisation (today) ₹421 Cr
The paper's bands: above 2.99: the paper's safe zone; 1.81–2.99: the grey zone; below 1.81: the distress zone
the 1968 form, fitted on manufacturers; reserves stand in for retained earnings, and profit before tax plus finance cost for EBIT
Source: Edward Altman, "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy", Journal of Finance, 1968
Graham number: 17.55 ₹ per share · FY to 2026-03-31√(22.5 × earnings per share × book value per share): the price at which P/E × P/B = 22.5 (a P/E of 15 at a P/B of 1.5)
- earnings per share: 2.15
- book value per share: 6.37 — owners' equity over shares (paid-up capital / face value)
Inputs: earnings per share 2.15 (2026-03-31) · owners' equity ₹110 Cr (2026-03-31) · paid-up capital ₹17 Cr (2026-03-31) · face value 1 (2026-03-31)
a number the book uses as a ceiling for a defensive investor's purchase price; it is arithmetic on two reported figures, not a valuation
Source: Benjamin Graham, The Intelligent Investor (1949; the 22.5 in the 1973 edition's criteria for the defensive investor)
Sloan accrual ratio: 19.54 % of assets · FY to 2026-03-31(profit after tax − operating cash flow) / average total assets
Inputs: profit after tax ₹38 Cr (2026-03-31) · operating cash flow ₹-6 Cr (2026-03-31) · total assets ₹263 Cr (2026-03-31) · total assets ₹185 Cr (2025-03-31)
how much of the year's profit was not cash; the paper sorts companies by this and reports the top decile's later returns
Source: Richard Sloan, "Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?", The Accounting Review, 1996
Each score is its published formula applied to the company's own filings (consolidated); open one for the tests, the inputs and the paper. Arithmetic on the filings, not a view on the stock.