Pulsar International Ltd
Incorporated in 1990, Pulsar International Ltd is in the business of agricultural supply chain management.[1]
- Market Cap ₹ 24.4 Cr.
- Current Price ₹ 0.57
- High / Low ₹ 3.95 / 0.57
- Stock P/E 244
- Book Value ₹ 1.12
- Dividend Yield 0.00 %
- ROCE 0.47 %
- ROE 0.33 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.52 times its book value
- Company's median sales growth is 92.5% of last 10 years
- Company's working capital requirements have reduced from 153 days to 118 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -5.65%
- Promoter holding is low: 2.53%
- Company has a low return on equity of 8.79% over last 3 years.
- Company has high debtors of 200 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 31 | 129 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 | 29 | 129 | |
| Operating Profit | 0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 | 2 | 2 | 0 |
| OPM % | 9% | -37% | 2% | -25% | -15% | -53% | -120% | -78% | 35% | 13% | 6% | 0% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 2 | 2 | 0 |
| Tax % | 0% | -9% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 29% |
| -0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 | 2 | 2 | 0 | |
| EPS in Rs | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 | 0.01 | 0.06 | 0.04 | 0.00 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 92% |
| 5 Years: | 381% |
| 3 Years: | 603% |
| TTM: | 313% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 30% |
| 3 Years: | -8% |
| TTM: | -94% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | -58% |
| 1 Year: | -86% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 8% |
| 3 Years: | 9% |
| Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 7 | 43 |
| Reserves | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 5 | 5 | 5 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 15 | 60 | |
| Total Liabilities | 4 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 13 | 27 | 108 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 13 | 27 | 102 | |
| Total Assets | 4 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 13 | 27 | 108 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 1 | 0 | -0 | 1 | -3 | -0 | -0 | -0 | -5 | -0 | -29 | |
| 0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -6 | |
| 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 1 | 3 | 0 | 36 | |
| Net Cash Flow | 0 | 1 | 0 | -0 | 0 | -2 | -0 | -0 | 1 | -1 | -0 | 0 |
| Free Cash Flow | 0 | 1 | 0 | -0 | 1 | -3 | -0 | -0 | -0 | -5 | -0 | -36 |
| CFO/OP | 650% | -757% | 100% | 480% | -1,000% | 2,933% | 583% | 286% | -138% | -187% | -1% | -12,162% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,327 | 1,537 | 621 | 1,460 | 712 | 1,718 | 5,840 | 3,244 | 839 | 76 | 246 | 200 |
| Inventory Days | 3,832 | 348 | 0 | 24 | 0 | 54 | ||||||
| Days Payable | 0 | 0 | 34 | 157 | ||||||||
| Cash Conversion Cycle | 5,160 | 1,537 | 969 | 1,460 | 712 | 1,718 | 5,840 | 3,244 | 839 | 67 | 246 | 97 |
| Working Capital Days | 2,887 | 3,285 | 1,328 | 3,139 | 810 | 7,042 | 25,696 | 14,438 | 3,640 | 200 | 141 | 118 |
| ROCE % | -0% | -2% | -0% | -1% | -2% | -2% | -2% | -2% | 3% | 31% | 15% | 0% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
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| Purchase of Stock-in-Trade ₹ Lakhs |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Registered Office Address
4 Jun - Corrected registered office address from 6 to 16 Vibrant Mega Industrial Park; no actual change.
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Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
1 Jun - Vipul Panchal resigned as CFO on 1 June 2026; Sohilkumar Patel appointed interim CFO from 2 June 2026.
-
Compliance - Statement Of Deviation & Variation
30 May - Submitted deviation/variation statement for ₹35.695 crore rights issue proceeds, quarter ended 31 March 2026.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
30 May - CARE report for ₹35.695 crore rights issue quarter ended March 31, 2026; no object deviation, ₹1.64 crore reallocated.
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FINANCIAL RESULT FOR QTR4 AND YEAR ENDED MARCH 2026
30 May - FY26 audited results approved; auditors issued modified opinion on inventory, receivables and payables.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
PIL is a Gujarat-based enterprise engaged
in integrated agri-supply chain management (SCM) with a focus on agriculture, technology-based agricultural applications, wholesale trade, and contract farming. The company primarily operates in the procurement, processing, and distribution of perishable commodities, especially fresh fruits and vegetables.