Total Returns (Price + Dividend) 
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-7.69%
0%
-7.69%
6 Months
-7.69%
0%
-7.69%
1 Year
3.09%
0%
3.09%
2 Years
-7.69%
0%
-7.69%
3 Years
123.88%
0%
123.88%
4 Years
114.29%
0%
114.29%
5 Years
69.01%
0%
69.01%
Latest dividend: 0.20000000000000004 per share ex-dividend date: Sep-19-2019
Risk Adjusted Returns v/s 
Returns Beta
Beta has not been calculated since enough price history is not available
News
No Recent News for the Company
Announcements 
Announcement Under Regulation 30 Of SEBI LODR - Update On Commencement Of Commercial Prodution.
30-Mar-2026 | Source : BSEPlease find enclosed herewith intimation regarding update on commencement of commercial production.
Closure of Trading Window
23-Mar-2026 | Source : BSEEnclosed herewith intimation regarding closure of trading window for the quarter and year ending on March 31 2026 effective from April 01 2026.
Appointment of Company Secretary and Compliance Officer
14-Mar-2026 | Source : BSEPlease find enclosed herewith intimation for the appointment of Company Secretary and Compliance Officer of the Company.
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
53.50%
EBIT Growth (5y)
34.98%
EBIT to Interest (avg)
1.23
Debt to EBITDA (avg)
2.57
Net Debt to Equity (avg)
-0.07
Sales to Capital Employed (avg)
1.76
Tax Ratio
26.78%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.69%
ROE (avg)
5.25%
Valuation key factors
Factor
Value
P/E Ratio
31
Industry P/E
44
Price to Book Value
1.88
EV to EBIT
13.89
EV to EBITDA
12.37
EV to Capital Employed
1.95
EV to Sales
0.50
PEG Ratio
0.88
Dividend Yield
NA
ROCE (Latest)
14.07%
ROE (Latest)
6.10%
Technicals key factors
Indicator
Weekly
Monthly
Technical indicator has not been calculated since the stock has been active for a short period
Shareholding Snapshot : Sep 2025
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Nitesh Parshottambhai Vaghasiya (18.64%)
Highest Public shareholder
Pankaj Vasantbhai Shingala (9.54%)
Individual Investors Holdings
35.59%