Scan Projects Ltd
Incorporated in 1992, Scan Projects Ltd is in the business of providing Engineering Services[1]
- Market Cap ₹ 38.6 Cr.
- Current Price ₹ 134
- High / Low ₹ 141 / 72.0
- Stock P/E 56.0
- Book Value ₹ 20.0
- Dividend Yield 0.00 %
- ROCE 17.5 %
- ROE 13.1 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 52.7 to 21.9 days.
- Company's working capital requirements have reduced from 121 days to 77.2 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.2% over last 3 years.
- Promoter holding has decreased over last 3 years: -23.6%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.82 | 6.78 | 3.15 | 3.90 | 4.09 | 3.16 | 3.04 | 5.83 | 5.85 | 7.98 | 11.94 | 15.69 | 15.13 | |
| 5.30 | 6.21 | 2.77 | 3.53 | 3.77 | 2.94 | 2.80 | 5.36 | 5.62 | 6.99 | 11.63 | 15.06 | 14.56 | |
| Operating Profit | 0.52 | 0.57 | 0.38 | 0.37 | 0.32 | 0.22 | 0.24 | 0.47 | 0.23 | 0.99 | 0.31 | 0.63 | 0.57 |
| OPM % | 8.93% | 8.41% | 12.06% | 9.49% | 7.82% | 6.96% | 7.89% | 8.06% | 3.93% | 12.41% | 2.60% | 4.02% | 3.77% |
| 0.12 | 0.14 | 0.03 | 0.01 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | -0.84 | 0.53 | 0.39 | 0.43 | |
| Interest | 0.10 | 0.13 | 0.16 | 0.11 | 0.11 | 0.11 | 0.14 | 0.04 | 0.06 | 0.02 | 0.02 | 0.01 | 0.02 |
| Depreciation | 0.11 | 0.08 | 0.07 | 0.05 | 0.04 | 0.08 | 0.06 | 0.05 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 |
| Profit before tax | 0.43 | 0.50 | 0.18 | 0.22 | 0.17 | 0.03 | 0.08 | 0.38 | 0.13 | 0.09 | 0.77 | 0.96 | 0.93 |
| Tax % | 32.56% | 32.00% | 33.33% | 36.36% | 23.53% | 33.33% | 50.00% | 26.32% | 30.77% | 44.44% | 25.97% | 26.04% | |
| 0.30 | 0.34 | 0.12 | 0.13 | 0.13 | 0.02 | 0.03 | 0.28 | 0.08 | 0.06 | 0.57 | 0.71 | 0.69 | |
| EPS in Rs | 1.04 | 1.18 | 0.42 | 0.45 | 0.45 | 0.07 | 0.10 | 0.97 | 0.28 | 0.21 | 1.98 | 2.47 | 2.40 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 39% |
| 3 Years: | 39% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 88% |
| 3 Years: | 107% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 153% |
| 1 Year: | 54% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 9% |
| 3 Years: | 11% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 2.87 | 2.87 |
| Reserves | -0.20 | 0.13 | 0.08 | 0.20 | 0.34 | 0.36 | 0.40 | 0.63 | 0.78 | 0.84 | 2.56 | 2.87 |
| 1.17 | 2.14 | 0.99 | 0.94 | 0.39 | 0.90 | 0.76 | 0.94 | 0.08 | 0.12 | 0.10 | 0.77 | |
| 2.25 | 1.84 | 1.40 | 1.68 | 1.72 | 1.23 | 1.16 | 1.63 | 0.84 | 1.20 | 1.30 | 2.49 | |
| Total Liabilities | 7.22 | 8.11 | 6.47 | 6.82 | 6.45 | 6.49 | 6.32 | 7.20 | 5.70 | 6.16 | 6.83 | 9.00 |
| 0.58 | 0.52 | 0.46 | 0.39 | 0.60 | 0.52 | 0.45 | 0.40 | 0.36 | 0.43 | 0.29 | 0.28 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.01 | 0.05 | 0.06 | 0.10 | 0.10 | 0.10 | 0.10 | 0.09 | 0.10 | 0.10 |
| 6.64 | 7.59 | 6.00 | 6.38 | 5.79 | 5.87 | 5.77 | 6.70 | 5.24 | 5.64 | 6.44 | 8.62 | |
| Total Assets | 7.22 | 8.11 | 6.47 | 6.82 | 6.45 | 6.49 | 6.32 | 7.20 | 5.70 | 6.16 | 6.83 | 9.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.45 | -0.83 | -0.22 | 0.37 | 0.95 | -0.54 | -0.05 | -0.24 | 0.99 | 0.38 | 3.03 | ||
| 0.03 | 0.07 | 1.35 | -0.02 | -0.26 | -0.05 | 0.26 | 0.06 | 0.00 | 0.11 | -2.28 | ||
| 0.29 | 0.97 | -1.30 | -0.16 | -0.65 | 0.41 | -0.24 | 0.14 | -0.92 | -0.08 | -0.03 | ||
| Net Cash Flow | -0.14 | 0.21 | -0.17 | 0.18 | 0.04 | -0.18 | -0.03 | -0.04 | 0.07 | 0.41 | 0.71 | |
| Free Cash Flow | -0.43 | -0.86 | -0.22 | 0.39 | 0.70 | -0.54 | 0.06 | -0.21 | 0.99 | 0.36 | 3.09 | |
| CFO/OP | -54% | -119% | -34% | 116% | 322% | -218% | -4% | -34% | 491% | 46% | 1,042% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 113.51 | 117.36 | 260.71 | 271.41 | 213.29 | 286.46 | 307.37 | 231.02 | 147.25 | 107.49 | 28.74 | |
| Inventory Days | 168.46 | 62.05 | 27.20 | 42.37 | 23.68 | 12.20 | 11.09 | 58.54 | 17.33 | |||
| Days Payable | 526.44 | 284.70 | 283.39 | 211.83 | 126.27 | 81.34 | 23.10 | 44.08 | 39.91 | |||
| Cash Conversion Cycle | 113.51 | -240.62 | 260.71 | 48.76 | -42.89 | 116.99 | 204.77 | 161.88 | 135.24 | 121.95 | 6.15 | |
| Working Capital Days | 93.45 | 99.59 | 378.90 | 305.10 | 281.11 | 389.26 | 465.86 | 261.70 | 267.04 | 183.87 | 101.49 | |
| ROCE % | 11.28% | 11.21% | 6.00% | 6.27% | 5.67% | 2.80% | 4.22% | 7.83% | 3.64% | 20.16% | 13.35% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| India Revenue Share % |
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| Revenue per Employee Rs. Lacs |
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| Related Party Revenue Share % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Intimation of Newspaper for public advertisement of merger under Regulation 47 of the SEBI (LODR) Regulation 2015
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Publication in Newspaper of financial result for the quarter ended on 30.06.2026.
-
Board Meeting Outcome for Board Meeting Outcome For Approving And Adopted Standalone Un-Audited Financial Results For The Quarter Ended 30.06.2026 In Company Meeting Held On Today 13.08.2026.
- Board approved Q1 FY27 results: revenue 215.98 lakh, net profit 12.59 lakh; RPT limits and AGM notice.
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Board Meeting Intimation for CONSIDER AND APPROVAL OF QUARTERLY FINANCIAL RESULTS FOR THE QUARTER ENDED ON 30.06.2026
- Board meets on 13 Aug 2026 to approve Q1 results, related party transactions, and AGM notice.
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Disclosure under Regulation 30A of LODR
- Second motion merger petition filed with NCLT on 25 July 2026 after shareholder approval.
Annual reports
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
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Business Overview:[1]
SPL (formerly Ambala Cements Ltd) previously operated a Mini Cement Plant for manufacturing and selling cement. Currently, it procures orders for supplying cement machinery parts and their erection and commissioning of cement plants in India and abroad.