Cospower Engineering Ltd
Incorporated in 2004, Cospower Engineering Ltd is in the business of manufacturing & supply of re-active power compensation systems, harmonic filters & other engineering goods[1]
- Market Cap ₹ 155 Cr.
- Current Price ₹ 924
- High / Low ₹ 999 / 505
- Stock P/E 40.0
- Book Value ₹ 122
- Dividend Yield 0.00 %
- ROCE 14.4 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.57 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 6.77% over last 3 years.
- Debtor days have increased from 91.8 to 126 days.
- Promoter holding has decreased over last 3 years: -7.52%
* 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9.60 | 7.79 | 4.59 | 9.00 | 8.56 | 12.99 | 11.02 | 12.10 | 12.10 | 14.07 | 22.29 | 27.70 | 53.20 | |
| 9.11 | 7.08 | 4.12 | 8.54 | 7.88 | 11.93 | 9.63 | 10.48 | 10.25 | 13.04 | 19.04 | 21.69 | 43.61 | |
| Operating Profit | 0.49 | 0.71 | 0.47 | 0.46 | 0.68 | 1.06 | 1.39 | 1.62 | 1.85 | 1.03 | 3.25 | 6.01 | 9.59 |
| OPM % | 5.10% | 9.11% | 10.24% | 5.11% | 7.94% | 8.16% | 12.61% | 13.39% | 15.29% | 7.32% | 14.58% | 21.70% | 18.03% |
| 0.00 | 0.01 | 0.20 | 0.45 | 0.03 | 0.02 | 0.06 | 0.02 | 0.14 | 0.25 | 0.61 | 0.46 | -0.18 | |
| Interest | 0.32 | 0.51 | 0.48 | 0.39 | 0.36 | 0.32 | 0.31 | 0.50 | 0.65 | 0.63 | 1.90 | 2.42 | 2.55 |
| Depreciation | 0.06 | 0.15 | 0.08 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.19 | 0.28 | 1.77 | 1.87 | 1.78 |
| Profit before tax | 0.11 | 0.06 | 0.11 | 0.47 | 0.31 | 0.72 | 1.10 | 1.09 | 1.15 | 0.37 | 0.19 | 2.18 | 5.08 |
| Tax % | 36.36% | 33.33% | 45.45% | 42.55% | 35.48% | 26.39% | 27.27% | 33.03% | 34.78% | 43.24% | 42.11% | 29.82% | |
| 0.08 | 0.05 | 0.07 | 0.28 | 0.19 | 0.53 | 0.81 | 0.73 | 0.75 | 0.21 | 0.11 | 1.53 | 3.55 | |
| EPS in Rs | 80.00 | 3.33 | 4.67 | 18.67 | 12.67 | 35.33 | 5.40 | 4.87 | 5.00 | 1.40 | 0.73 | 9.14 | 21.20 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 22.22% | 20.55% | 20.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 32% |
| TTM: | 139% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 41% |
| 5 Years: | 13% |
| 3 Years: | 26% |
| TTM: | 330% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 70% |
| 3 Years: | 84% |
| 1 Year: | 51% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | 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 | 0.01 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.67 | 1.67 |
| Reserves | 0.29 | 0.38 | 0.45 | 0.72 | 0.92 | 1.55 | 4.25 | 4.80 | 5.40 | 5.61 | 5.72 | 16.50 | 18.76 |
| 2.53 | 3.90 | 4.13 | 4.28 | 4.43 | 2.51 | 2.51 | 5.85 | 10.34 | 17.55 | 19.58 | 18.26 | 22.07 | |
| 5.53 | 2.97 | 1.07 | 3.65 | 4.08 | 4.96 | 4.20 | 5.14 | 5.43 | 6.72 | 8.04 | 17.03 | 14.43 | |
| Total Liabilities | 8.36 | 7.40 | 5.80 | 8.80 | 9.58 | 9.17 | 12.46 | 17.29 | 22.67 | 31.38 | 34.84 | 53.46 | 56.93 |
| 1.06 | 0.97 | 0.27 | 0.23 | 0.22 | 0.21 | 0.20 | 1.84 | 2.67 | 3.24 | 11.71 | 11.55 | 11.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.89 | 3.60 | 9.10 | 1.42 | 0.00 | 0.16 |
| Investments | 0.03 | 0.07 | 0.01 | 0.01 | 0.01 | 0.26 | 0.20 | 0.52 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.27 | 6.36 | 5.52 | 8.56 | 9.35 | 8.70 | 12.06 | 14.04 | 16.40 | 19.04 | 21.71 | 41.91 | 45.69 | |
| Total Assets | 8.36 | 7.40 | 5.80 | 8.80 | 9.58 | 9.17 | 12.46 | 17.29 | 22.67 | 31.38 | 34.84 | 53.46 | 56.93 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 1.08 | -0.01 | 2.43 | -1.21 | 1.40 | -0.01 | 0.21 | 2.40 | 2.44 | |||
| 0.00 | -0.08 | 0.02 | -0.14 | -0.34 | -2.74 | -3.69 | -6.32 | -2.54 | -0.27 | |||
| 0.00 | -0.53 | -0.33 | -2.19 | 1.73 | 1.29 | 3.25 | 5.74 | 0.14 | 6.38 | |||
| Net Cash Flow | 0.00 | 0.47 | -0.31 | 0.10 | 0.18 | -0.05 | -0.46 | -0.36 | 0.01 | 8.55 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 154.36 | 90.43 | 27.04 | 129.78 | 188.04 | 148.08 | 182.17 | 118.55 | 93.81 | 71.86 | 77.45 | 126.10 |
| Inventory Days | 93.96 | 195.17 | 479.06 | 127.44 | 143.14 | 71.80 | 233.78 | 294.40 | 463.20 | 405.42 | 310.91 | 424.05 |
| Days Payable | 250.88 | 167.78 | 104.08 | 127.44 | 177.73 | 171.27 | 170.37 | 127.17 | 177.67 | 183.33 | 127.09 | 226.67 |
| Cash Conversion Cycle | -2.56 | 117.82 | 402.02 | 129.78 | 153.45 | 48.61 | 245.58 | 285.78 | 379.34 | 293.94 | 261.27 | 323.48 |
| Working Capital Days | 42.96 | -24.36 | -3.18 | 17.03 | 89.12 | 8.99 | 136.79 | 60.33 | 107.09 | 110.51 | 43.89 | 76.95 |
| ROCE % | 16.57% | 12.88% | 17.41% | 12.58% | 21.42% | 22.61% | 15.48% | 12.25% | 4.77% | 8.12% | 14.39% |
Documents
Announcements
- The Extra Ordinary General Meeting (EGM) Of The Company, Scheduled To Be Held On 19Th December 2025 At 09.30 A.M. At The Registered Office Of The Company 27 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 22Nd November 2025
22 Nov - Approved 162,000 shares at Rs990 (₹16.038 crore); directors' remuneration hiked; EOGM on 19 Dec 2025.
-
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (Listing Obligation And Disclosure Requirements) Regulation, 2015-Fundraising
19 Nov - Board meeting 22 Nov 2025 to consider preferential/private placement; trading window closed from 19 Nov 2025.
- Submission Of Standalone Un-Audited Financial Results Of The Company For The Half Year Ended On September 30, 2025 Along With Limited Review Report 14 Nov
-
Board Meeting Outcome for Outcome Of The Meeting Of Board Held On Friday, 14Th November, 2025 At 04:00 P.M.
14 Nov - Board approved unaudited H1 results (Sep 30, 2025); Total income Rs.326.20 lakh, PAT Rs.75.55 lakh.
Business Overview:[1]
Company is currently engaged in the business of manufacturing of electrical panels, harmonic filters and substation and equipment mounting structure. Company also provides turnkey services which involves supply, installation, commissioning, testing and comprehensive maintenance of electric products. There are few products which company does not manufacture but has to provide turnkey services by buying from other manufacturers. Company has extended its product range to other power related products that are needed to complete the electrical system.