Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · FINE-LINE CIRCUITS LTD. · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
FINE-LINE CIRCUITS LTD.
BSE: 517264
BSE: 517264
Information Technology › Information Technology › IT - Hardware › Computers Hardware & Equipments
FINE-LINE CIRCUITS LTD.
StateQ1 FY27 filed
Last close · 28 Oct 2026₹84.56
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA352.3 · 4.47 · 36.2
FINE-LINE CIRCUITS LTD. is a IT - Hardware company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 30 | 27 | 24 | 30 | 33 |
| EBITDA (ex other income) | 2 | 1 | 1 | 1 | 1 |
| margin % | 5.8 | 3.3 | 4.3 | 3.8 | 3.5 |
| Owners' profit | 1 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 1.83 | 0.15 | 0.22 | 0.41 | 0.03 |
| ROE % · ROCE % | 10.6 · 16.1 | 0.8 · 6.0 | 1.3 · 6.3 | 2.2 · 5.3 | 0.2 · 3.5 |
| Debt / equity (x) | 0.44 | 0.74 | 0.71 | 0.66 | 0.82 |
| Cash from operations | 1 | 0 | (2) | 2 | 0 |
| Capex | (1) | (1) | (1) | (1) | (2) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · FINE-LINE CIRCUITS LTD. · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 10 | 7 | 7 | 10 | 8 | 8 | 11 |
| Profit before tax | 0 | 0 | (0) | 0 | 0 | 0 | (0) | 0 |
| Net profit | 0 | 0 | (0) | 0 | 0 | 0 | (0) | 0 |
| EPS (₹) | 0.08 | 0.22 | (0.03) | 0.13 | 0.14 | 0.25 | (0.49) | 0.34 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| GNG ELECTRONICS LIMITED | 8,254 | 58.6 | 10.87 | 42.9 | 17.4 | 18.7 | — | 12.8 |
| RASHI PERIPHERALS LIMITED | 5,299 | 16.6 | 2.60 | 12.4 | 13.9 | 18.0 | — | 3.4 |
| MOSCHIP TECHNOLOGIES LTD | 3,351 | 123.2 | 8.20 | 56.6 | 8.6 | 7.4 | 40.9 | 10.1 |
| NELCO LTD | 1,642 | 425.7 | 12.74 | 57.8 | 2.6 | 3.1 | 6.3 | 11.9 |
| D-LINK INDIA LTD | 1,475 | 13.7 | 2.92 | 9.7 | 20.6 | 27.2 | 16.6 | 8.6 |
| IVALUE INFOSOLUTIONS LTD | 1,167 | 11.2 | 2.06 | 7.4 | 17.3 | 21.9 | — | 13.4 |
| CONTROL PRINT LIMITED | 944 | 24.2 | 2.09 | 9.8 | 9.7 | 15.5 | 18.8 | 13.4 |
| BHARAT GLOBAL DEVELOPERS LIMIT | 791 | 289.4 | 4.16 | — | (0.1) | (0.1) | — | — |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 352.3 | 25.1 | 14 of 16 | 13% |
| P/B | 4.5 | 2.8 | 11 of 16 | 33% |
| ROCE | 0.1 | 14.9 | 15 of 19 | 22% |
| ROE | 0.2 | 9.1 | 12 of 16 | 27% |
| Debt / Equity | 0.8 | 0.1 | 16 of 16 | 0% |
| EBITDA margin | 4.3 | 8.8 | 10 of 13 | 25% |
| Revenue growth | 47.8 | 7.0 | 3 of 15 | 86% |
| Profit growth | 165.1 | 30.0 | 4 of 15 | 79% |
| Market cap | 41 | 575 | 14 of 19 | 28% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · FINE-LINE CIRCUITS LTD. · 29 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 21 Oct 2026 · Company reports no undisclosed news behind share price movement | compliance | minimal | — | — |
| 14 Oct 2026 · BSE seeks clarification from Fine Line Circuits on price movement | regulatory legal | high | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1, 2026 till 48 hours after board meeting | compliance | minimal | — | — |
| 28 Sept 2026 · Fine-Line Circuits 36th AGM: All 4 resolutions passed with 99.99% majority | board shareholder meetings | medium | — | — |
| 28 Sept 2026 · AGM 2026: All 4 resolutions passed with near-unanimous approval | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Notice of 36th AGM, e-voting and book closure published in newspapers | compliance | minimal | — | — |
| 31 Aug 2026 · Book closure from September 22 to 28, 2026 for 36th AGM | compliance | minimal | — | — |
| 31 Aug 2026 · Annual Report FY26 and 36th AGM notice with e-voting details | compliance | minimal | — | — |
| 31 Aug 2026 · AGM on Sep 28; FY26 annual report filed with BSE | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Fine-Line Circuits 36th AGM on September 28, 2026 via video call | board shareholder meetings | low | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in