āagmanLoginNot investment advice. Data and computed figures, for information only.
BSE Ltd
₹3,428.00
+₹90.00 (+2.70%)
NSE · 15 Oct 2026, close
Market Cap
₹1,34,080 Cr
CMP
₹3,428.00
52-wk High / Low
₹4,447 / 2,326
P/E
47.4
P/B
20.0
Book Value
₹164.0
Div Yield
0.30%
ROCE
60.0%
ROE
46.0%
Face Value
₹2
D/E
0.00
Price+43.7% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹475
√(22.5 × EPS × book value per share)
ROIC
37.4%
vs 10.0% sector median
Cash flow to profit
1.25
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+155
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
39.5%
ROE × earnings retention ratio
ROE stability
11.5
pp σ
Standard deviation of ROE across periods. Lower = more stable
Cash-accrual divergence
−5.2%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 100% since FY2016 (1 to 0)
+Price trades above its 200-day moving average (1.0x)
Watch-outs
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 260 | 362 | 426 | 539 | 602 | 813 | 768 | 847 | 958 | 1,068 | 1,244 | 1,564 | 1,566 |
| Expenses | 146 | 173 | 280 | 388 | 319 | 358 | 533 | 362 | 332 | 388 | 512 | 523 | 520 |
| Operating Profit | 114 | 189 | 146 | 151 | 282 | 456 | 236 | 484 | 625 | 680 | 732 | 1,041 | 1,046 |
| OPM % | 43.8% | 52.2% | 34.3% | 28.0% | 46.8% | 56.1% | 30.7% | 57.1% | 65.2% | 63.7% | 58.8% | 66.6% | 66.8% |
| Other Income | 430 | 24 | 22 | 29 | 91 | 30 | 83 | 205 | 115 | 91 | 108 | 78 | 160 |
| Interest | 7 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 21 | 23 | 25 | 26 | 24 | 29 | 30 | 30 | 27 | 32 | 45 | 55 | 43 |
| Profit before tax | 516 | 182 | 143 | 154 | 349 | 457 | 288 | 660 | 713 | 739 | 795 | 1,063 | 1,164 |
| Net Profit | 440 | 118 | 106 | 107 | 264 | 346 | 219 | 494 | 538 | 557 | 597 | 795 | 873 |
| EPS (₹) | 10.89 | 2.97 | 2.66 | 2.64 | 6.53 | 8.54 | 5.41 | 12.17 | 13.28 | 13.75 | 14.82 | 19.55 | 21.43 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 584 | 635 | 572 | 676 | 652 | 609 | 630 | 841 | 925 | 1,568 | 3,212 | 5,124 | 5,442 |
| Expenses | 293 | 392 | 381 | 401 | 434 | 482 | 429 | 489 | 609 | 857 | 1,336 | 1,644 | 1,943 |
| Operating Profit | 290 | 243 | 190 | 274 | 219 | 127 | 202 | 352 | 316 | 711 | 1,876 | 3,480 | 3,499 |
| OPM % | 49.7% | 38.3% | 33.2% | 40.5% | 33.6% | 20.9% | 32.1% | 41.9% | 34.2% | 45.3% | 58.4% | 67.9% | 64.3% |
| Other Income | −10 | 23 | 137 | 529 | 56 | 62 | 19 | 52 | 78 | 417 | 22 | 24 | 437 |
| Interest | 1 | 0 | 1 | 1 | 1 | 2 | 10 | 28 | 37 | 39 | 32 | 34 | 0 |
| Depreciation | 59 | 54 | 50 | 45 | 51 | 51 | 58 | 48 | 60 | 95 | 113 | 159 | 175 |
| Profit before tax | 221 | 212 | 276 | 757 | 223 | 135 | 153 | 327 | 297 | 995 | 1,754 | 3,311 | 3,761 |
| Net Profit | 177 | 177 | 265 | 702 | 199 | 121 | 142 | 245 | 206 | 772 | 1,322 | 2,487 | 2,822 |
| EPS (₹) | 1.66 | 1.38 | 4.57 | 14.22 | 4.27 | 3.02 | 3.58 | 6.27 | 5.43 | 19.17 | 32.65 | 61.22 | 69.55 |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 11 | 11 | 11 | 10 | 9 | 9 | 27 | 27 | 27 | 27 | 82 | — |
| Reserves | 2,450 | 2,512 | 2,652 | 3,070 | 2,918 | 2,416 | 2,498 | 2,627 | 2,674 | 3,275 | 4,397 | 6,591 | — |
| Borrowings | 4 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Other Liabilities | 1,730 | 1,717 | 2,517 | 1,918 | 1,575 | 2,051 | 2,120 | 3,531 | 3,293 | 6,148 | 5,918 | 6,773 | — |
| Total Liabilities | 4,195 | 4,240 | 5,183 | 4,998 | 4,504 | 4,476 | 4,627 | 6,185 | 5,994 | 9,450 | 10,342 | 13,446 | — |
| Fixed Assets | 251 | 241 | 249 | 207 | 204 | 190 | 184 | 161 | 252 | 285 | 300 | 642 | — |
| CWIP | 4 | 3 | 6 | 7 | 18 | 22 | 4 | 10 | 2 | 15 | 54 | 77 | — |
| Investments | 2,276 | 2,115 | 1,996 | 2,442 | 2,380 | 2,132 | 1,844 | 1,968 | 1,453 | 2,390 | 2,845 | 3,837 | — |
| Other Assets | 1,664 | 1,882 | 2,931 | 2,342 | 1,902 | 2,132 | 2,595 | 4,046 | 4,286 | 6,761 | 7,142 | 8,890 | — |
| Total Assets | 4,195 | 4,240 | 5,183 | 4,998 | 4,504 | 4,476 | 4,627 | 6,185 | 5,994 | 9,450 | 10,342 | 13,446 | — |
Cash Flows
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 151 | −153 | −44 | 817 | −239 | −313 | 397 | −68 | 1,442 | −137 | 2,643 | 414 | 3,104 |
| Cash from Investing Activity | −21 | 371 | 164 | 95 | −236 | 347 | 470 | −189 | −980 | −111 | −871 | −758 | −2,678 |
| Cash from Financing Activity | −303 | −45 | −120 | −85 | 108 | −352 | −618 | −55 | 9 | −186 | −149 | −206 | −304 |
| Net Cash Flow | −172 | 173 | 0 | 827 | −366 | −318 | 249 | −313 | 471 | −434 | 1,623 | −550 | 122 |
Ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 10.0 | 10.0 | 10.0 | 10.0 | 25.0 | 8.0 | 5.0 | 8.0 | 15.0 | 12.0 | 23.0 | 47.0 | 60.0 |
| ROE % | — | — | — | — | — | — | — | — | — | — | — | — | 46.0 |
| EPS (₹) | 1.45 | 1.66 | 1.38 | 4.57 | 14.22 | 4.27 | 3.02 | 3.58 | 6.27 | 5.43 | 19.17 | 32.65 | 61.22 |
| Book Value (₹) | — | — | — | — | — | — | — | — | — | — | — | — | 164.0 |
| Face Value (₹) | — | — | — | — | — | — | — | — | — | — | — | — | 2 |
| P/E | — | — | — | — | — | — | — | — | — | — | — | — | 47.4 |
| Div Yield % | — | — | — | — | — | — | — | — | — | — | — | — | 0.30 |
| NPM % | 33.0 | 30.8 | 26.9 | 37.4 | 58.3 | 28.1 | 18.0 | 21.9 | 27.4 | 20.5 | 38.9 | 40.9 | 48.3 |
| OPM % | 51.0 | 50.0 | 38.0 | 33.0 | 41.0 | 34.0 | 21.0 | 32.0 | 42.0 | 34.0 | 45.0 | 58.0 | 68.0 |
| D/E | 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 |
| P/B | — | — | — | — | — | — | — | — | — | — | — | — | 20.0 |
Growth
Compounded sales growth
10 years+23.0%
5 years+52.0%
3 years+77.0%
TTM+61.0%
Compounded profit growth
10 years+32.0%
5 years+69.0%
3 years+126.0%
TTM+79.0%
Stock price CAGR
5 years+83.0%
3 years+88.0%
Last year+38.0%
Return on equity
10 years20.0%
5 years28.0%
3 years36.0%
Last year46.0%
Documents
Announcements
Trading WindowAnalysts/Institutional Investor Meet/Con. Call UpdatesAnalysts/Institutional Investor Meet/Con. Call UpdatesAnalysts/Institutional Investor Meet/Con. Call UpdatesAnalysts/Institutional Investor Meet/Con. Call UpdatesCorporate actions
10 Jul 2026DIVIDENDDividend - Rs 10 Per Share—
23 May 2025BONUSBonus 2:1—
14 May 2025DIVIDENDDividend - Rs 23 Per Share—
14 Jun 2024DIVIDENDDividend - Rs 15 Per Share—
4 Aug 2023DIVIDENDDividend - Rs 12 Per Sh—
23 Jun 2022DIVIDENDDividend - Rs 13.50 Per Share—
21 Mar 2022BONUSBonus 2:1—
5 Aug 2021DIVIDEND Dividend - Rs 21 Per Share—
22 Jul 2020DIVIDEND Dividend - Rs 17 Per Share—
27 Jun 2019DIVIDEND Dividend - Rs 25 Per Share—
11 Dec 2018DIVIDEND Interim Dividend - Rs 5 Per Share—
25 Jul 2018DIVIDEND Dividend- Rs 31 Per Share—
15 Feb 2018DIVIDEND Interim Dividend Rs 5/- Per Share—
24 Aug 2017DIVIDEND Dividend -Rs 23/- Per Share—
22 Feb 2017DIVIDEND Interim Dividend Rs 5/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman