Manufactures and sells bath fittings, with FY26 revenue of 34.99 crore. The cost structure is heavily tilted towards raw materials at 91.7% of revenue, with employees at 2.1% and other operating expenses at 7.8%, consistent with a manufacturing-led model where purchased inputs dominate value-add. Capital expenditure was 72.3% of revenue in FY26, indicating a phase of significant investment in fixed assets relative to the size of the top line. Total assets stood at 78.77 crore at the FY26 year-end, against revenue of 34.99 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Bath fittings. Asset-heavy manufacturer in a build-out phase, with materials-dominant costs
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 32 | 35 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 2.30 | 0.57 |
| ROE % · ROCE % | — · 25.2 | — · 5.1 |
| Debt / equity (x) | — | — |
| Cash from operations | (1) | (6) |
| Capex | (0) | (25) |
| ₹ crore | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|
| Revenue | 16 | 17 | 18 |
| Profit before tax | 2 | 1 | 1 |
| Net profit | — | — | — |
| EPS (₹) | 0.73 | 0.20 | 0.40 |
No filings in the window.
| 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 |
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.
