Defrail Technologies Ltd
Incorporated in October 2023, Defrail Technologies Limited is engaged in the business of manufacturing rubber parts and components.[1]
- Market Cap ₹ 48.2 Cr.
- Current Price ₹ 68.6
- High / Low ₹ 122 / 64.6
- Stock P/E 12.0
- Book Value ₹ 33.9
- Dividend Yield 0.00 %
- ROCE 27.6 %
- ROE 24.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 45.7 to 59.2 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 Industrial Products Cables - Electricals
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 33.62 | 29.30 | 61.77 | 80.04 | |
| 31.47 | 26.74 | 56.23 | 72.52 | |
| Operating Profit | 2.15 | 2.56 | 5.54 | 7.52 |
| OPM % | 6.40% | 8.74% | 8.97% | 9.40% |
| 0.00 | 0.00 | 0.01 | 0.11 | |
| Interest | 0.66 | 0.46 | 1.05 | 0.90 |
| Depreciation | 0.27 | 0.34 | 0.63 | 0.81 |
| Profit before tax | 1.22 | 1.76 | 3.87 | 5.92 |
| Tax % | 28.69% | 24.43% | 9.04% | 32.43% |
| 0.88 | 1.33 | 3.52 | 4.01 | |
| EPS in Rs | 266.00 | 6.82 | 5.71 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 66% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 5.16 | 7.02 |
| Reserves | 2.50 | 4.81 | 3.82 | 16.81 |
| 3.69 | 6.21 | 10.05 | 6.59 | |
| 5.39 | 4.20 | 12.74 | 18.59 | |
| Total Liabilities | 11.58 | 15.22 | 31.77 | 49.01 |
| 5.49 | 8.13 | 11.29 | 12.28 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.89 | 0.89 |
| 6.09 | 7.09 | 19.59 | 35.84 | |
| Total Assets | 11.58 | 15.22 | 31.77 | 49.01 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 2.33 | -0.35 | 2.07 | -1.36 | |
| -0.25 | -2.98 | -9.53 | -1.80 | |
| -1.40 | 3.08 | 7.47 | 6.49 | |
| Net Cash Flow | 0.69 | -0.26 | 0.01 | 3.32 |
| Free Cash Flow | 2.08 | -3.33 | -9.84 | -3.16 |
| CFO/OP | 108% | 4% | 49% | 2% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 45.06 | 32.26 | 45.62 | 59.24 |
| Inventory Days | 2.07 | 40.70 | 67.45 | 123.10 |
| Days Payable | 67.68 | 57.14 | 104.65 | 114.14 |
| Cash Conversion Cycle | -20.56 | 15.83 | 8.41 | 68.20 |
| Working Capital Days | -20.19 | -30.65 | 0.18 | 54.77 |
| ROCE % | 25.80% | 32.75% | 27.58% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Capacity Utilization (Combined) % |
|
||
| Installed Capacity (Combined) Kg/Annum |
|||
| Revenue Share - Haryana % |
|||
| Revenue Share - Rubber Hose and Assemblies % |
|||
| Revenue Share - Top 1 Customer % |
|||
| Revenue Share - Top 10 Customers % |
|||
| Utilized Capacity (Combined) Kg/Annum |
|||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
6 Jul - Defrail secured first TEK Automotive Malaysia order on 6 July 2026 for USD 440.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Jul
-
Disclosure Under Regulation 7(2) Read With Regulation 6(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015.
4 Jul - Promoter Vivek Aggarwal bought 3,200 shares on-market for Rs 2.33 lakh, holding rose to 0.753%.
-
Clarification For The Non-Submission Of XBRL Filing Of Bagging Receiving Of Orders Contracts.
10 Jun - Clarifies delayed XBRL filing for March 26 Rs 1.48 crore order.
-
Rectification Of Discrepancies In Consolidated Audit Report For FY 25-26.
25 May - Defrail Technologies rectified an audit report discrepancy and uploaded the corrected consolidated PDF for FY 2025-26.
Business Profile[1]
The company manufactures rubber hoses & assemblies, rubber profiles & beadings, and rubber moulded parts catering mainly to automotive, railways, defence and industrial applications. It operates primarily on a B2B model and is an RDSO-approved vendor for Indian Railways.