āagman

Not investment advice. Data and computed figures, for information only.

Eternal Ltd

NSE: ETERNALF&O
₹323.00
+₹7.00 (+2.22%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹3,12,141 Cr
CMP
₹323.00
52-wk High / Low
₹368 / 213
P/E
721.0
P/B
10.1
Book Value
₹32.1
Div Yield
0.00%
ROCE
2.0%
ROE
0.4%
Face Value
₹1
D/E
0.15

Price−7.3% over 1Y

āagman read

Computed by āagman
Derived from 9 years and 14 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹17
√(22.5 × EPS × book value per share)
ROIC
−0.7%
vs 7.6% sector median
Cash flow to profit
1.73
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+133
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
0.4%
ROE × earnings retention ratio
ROE stability
3.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Cash-accrual divergence
−0.7%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.2x)
Watch-outs
−Latest ROCE of 2% trails the sector median of 13%

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,4162,8483,2883,5624,2064,7995,4055,8337,16713,59016,31517,29220,211
Expenses2,4642,8953,2373,4764,0294,5735,2435,7617,05213,35115,94716,80619,617
Operating Profit−48−47518617722616272115239368486594
OPM %−2.0%−1.7%1.6%2.4%4.2%4.7%3.0%1.2%1.6%1.8%2.3%2.8%2.9%
Other Income181212219235236221252368354352348342375
Interest18161820253043566786107132151
Depreciation130128128140149180247287314376439468546
Profit before tax−15211241612392371249788129170228272
Net Profit2361381752531765939256510217492
EPS (₹)0.000.040.160.200.290.200.060.040.030.070.110.180.10

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 9 years + TTM
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4661,3132,6051,9944,1927,07912,11420,24354,36467,408
Expenses5583,5564,9092,4616,0438,29012,07119,60653,15665,721
Operating Profit−92−2,243−2,305−467−1,851−1,211436371,2081,687
OPM %−19.7%−170.8%−88.5%−23.4%−44.2%−17.1%0.4%3.1%2.2%2.5%
Other Income211,28516−2007936828461,0771,3961,417
Interest691310124972154392476
Depreciation2943841381504375268631,5971,829
Profit before tax−107−1,010−2,386−815−1,220−1,015291697615799
Net Profit−107−1,010−2,386−816−1,222−971351527366433
EPS (₹)−3,070.18−28,574.18−70,096.54−23,123.76−1.54−1.140.400.550.380.46

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital0000764836868907919—
Reserves1,0362,3564577,64415,74118,62419,54529,41030,061—
Borrowings186348326527705077492,0454,592—
Other Liabilities1527092,1175327511,6322,1943,2615,150—
Total Liabilities1,3743,4132,9008,70417,32721,59923,35635,62340,722—
Fixed Assets1903891,5911,5391,4046,3446,4489,53212,675—
CWIP1110171851136—
Investments8292,1453242,2054,7186,76511,64513,19214,833—
Other Assets3548799854,95911,2048,4835,24512,84813,078—
Total Assets1,3743,4132,9008,70417,32721,59923,35635,62340,722—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity——−2,144−1,018−693−844646308632
Cash from Investing Activity——1,740−5,245−7,971797−348−7,993540
Cash from Financing Activity——3596,4028,750−127−2078,042−842
Net Cash Flow——−4513986−17491357330

Ratios

As of 31 Mar 2026
9 periods
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—−115.0−135.0−12.0−13.0−6.01.03.02.0
ROE %————————0.4
EPS (₹)−3,070.18−28,574.18−70,096.54−23,123.76−1.54−1.140.400.550.38
Book Value (₹)————————32.1
Face Value (₹)————————1
P/E————————721.0
Div Yield %————————0.00
NPM %−22.0−38.9−91.0−45.5−24.5−12.52.72.50.7
OPM %−20.0−171.0−88.0−23.0−44.0−17.00.33.12.2
D/E0.180.150.710.070.000.030.040.070.15
P/B————————10.1

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+94.0%
3 years+97.0%
TTM+191.0%
Compounded profit growth
5 years+17.0%
3 years+28.0%
TTM+45.0%
Stock price CAGR
5 years+19.0%
3 years+43.0%
Last year−7.0%
Return on equity
5 years−2.0%
3 years1.0%
Last year0.0%

Shareholding pattern

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSClosure of Trading WindowGeneral UpdatesAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Concalls
Jul 2026TranscriptJul 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingJan 2026TranscriptJan 2026PPTJan 2026RecordingJan 2026TranscriptOct 2025TranscriptOct 2025PPTOct 2025Recording

Corporate actions

Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman