CFF Fluid Control Ltd
Incorporated in 2012, CFF Fluid Control Ltd is in the business of manufacturing, overhaul, repairs, and maintenance of shipboard machinery, combat system, reference system, test facilities (pneumatic, hydraulic, electrical, electrical systems) for submarines and surface ships for Indian Navy[1]
- Market Cap ₹ 1,201 Cr.
- Current Price ₹ 573
- High / Low ₹ 740 / 392
- Stock P/E 41.5
- Book Value ₹ 118
- Dividend Yield 0.17 %
- ROCE 22.1 %
- ROE 17.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 76.6% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -5.24%
- Debtor days have increased from 73.9 to 150 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
Industrials Capital Goods Aerospace & Defense Aerospace & Defense
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 32 | 15 | 47 | 71 | 107 | 146 | 170 | |
| 27 | 12 | 34 | 52 | 76 | 105 | 122 | |
| Operating Profit | 5 | 3 | 13 | 18 | 31 | 41 | 47 |
| OPM % | 16% | 19% | 27% | 26% | 29% | 28% | 28% |
| 0 | 0 | 0 | 0 | 0 | 1 | 0 | |
| Interest | 2 | 2 | 1 | 3 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 4 | 6 | 6 |
| Profit before tax | 2 | 0 | 10 | 14 | 24 | 33 | 39 |
| Tax % | 25% | 4% | 25% | 30% | 29% | 28% | |
| 1 | 0 | 8 | 10 | 17 | 24 | 29 | |
| EPS in Rs | 18.92 | 3.50 | 108.31 | 7.10 | 8.78 | 12.25 | 14.15 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 11% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 46% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 77% |
| 3 Years: | 45% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 22% |
| Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.71 | 0.71 | 0.71 | 14 | 19 | 19 | 21 |
| Reserves | 6 | 6 | 14 | 11 | 106 | 128 | 226 |
| 14 | 23 | 17 | 46 | 23 | 21 | 6 | |
| 23 | 13 | 25 | 18 | 12 | 30 | 34 | |
| Total Liabilities | 45 | 42 | 56 | 89 | 161 | 199 | 287 |
| 10 | 9 | 8 | 26 | 30 | 36 | 34 | |
| CWIP | 0 | 0 | 0 | 0 | 8 | 2 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 34 | 33 | 48 | 62 | 122 | 161 | 250 | |
| Total Assets | 45 | 42 | 56 | 89 | 161 | 199 | 287 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 20 | -7 | 15 | -9 | -27 | -3 | |
| 0 | 0 | -6 | -19 | -17 | -5 | |
| -19 | 7 | -7 | 26 | 59 | -7 | |
| Net Cash Flow | 1 | -1 | 2 | -2 | 16 | -15 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 41 | 166 | 102 | 42 | 30 | 150 |
| Inventory Days | 282 | 746 | 244 | 307 | 351 | 376 |
| Days Payable | 134 | 225 | 230 | 77 | 16 | 93 |
| Cash Conversion Cycle | 189 | 687 | 116 | 272 | 365 | 433 |
| Working Capital Days | -42 | 155 | 109 | 140 | 258 | 280 |
| ROCE % | 8% | 38% | 34% | 24% | 22% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
18 Dec - CFF received INR 5.31 Crore Navy P75 equipment contract; delivery by December 2026.
-
Earnings Presentation_H1FY26
8 Dec - H1 FY26: Revenue ₹10,413L; PAT ₹1,913L; EPS ₹9.49; order book ₹54,000L (as on 14 Nov 2025).
- Corporate Action-Fixes Record Date For The Purpose Of Payment Of Interim Dividend Of Rs. 0.50/-Per Equity Share For The Financial Year Ending March 31St, 2026 14 Nov
-
Statement Of Deviation(S) Or Variation(S) For The Quarter Ended September 30, 2025 Under Regulation 32 Of SEBI (LODR) Regulations, 2015
14 Nov - Rs.27.51 lakh reallocation from Issue Expenses to General Corporate Purpose; IPO raised Rs.8,775 lakhs on 14-Jul-2025.
- Results- Financial Results For The Half Year Ended September 30, 2025 14 Nov
Business Overview:[1][2]
CFFFCL started as a component manufacturer and is now provides advanced solutions for naval and submarine systems. The company manufactures critical component systems and test facilities for submarines & surface ships for the Indian Navy. Further, it also designs, develops mechanical equipment and systems for industries like Nuclear and Clean Energy