Defrail Technologies Ltd
Incorporated in October 2023, Defrail Technologies Limited is engaged in the business of manufacturing rubber parts and components.[1]
- Market Cap ₹ 49.2 Cr.
- Current Price ₹ 70.0
- High / Low ₹ 122 / 61.5
- Stock P/E 11.6
- Book Value ₹ 37.8
- Dividend Yield 0.00 %
- ROCE 27.6 %
- ROE 24.4 %
- Face Value ₹ 10.0
Pros
- 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 | TTM | |
|---|---|---|---|---|---|
| 33.62 | 29.30 | 61.77 | 80.04 | 90.19 | |
| Sales growth | -12.85% | +110.82% | +29.58% | ||
| 31.47 | 26.74 | 56.23 | 72.51 | 82.08 | |
| Operating Profit | 2.15 | 2.56 | 5.54 | 7.53 | 8.11 |
| OPM % | 6.40% | 8.74% | 8.97% | 9.41% | 8.99% |
| 0.00 | 0.00 | 0.01 | 0.11 | 0.12 | |
| Interest | 0.66 | 0.46 | 1.05 | 0.91 | 0.82 |
| Depreciation | 0.27 | 0.34 | 0.63 | 0.81 | 0.87 |
| Profit before tax | 1.22 | 1.76 | 3.87 | 5.92 | 6.54 |
| Tax % | 28.69% | 24.43% | 9.04% | 32.43% | |
| 0.88 | 1.33 | 3.52 | 4.01 | 4.25 | |
| EPS in Rs | 66.50 | 6.82 | 5.71 | 6.05 | |
| 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 | Sep 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 5.16 | 7.02 | 7.02 |
| Reserves | 2.50 | 4.81 | 3.82 | 16.81 | 19.57 |
| 3.69 | 6.21 | 10.05 | 6.59 | 9.46 | |
| 5.39 | 4.20 | 12.74 | 18.59 | 33.72 | |
| Total Liabilities | 11.58 | 15.22 | 31.77 | 49.01 | 69.77 |
| 5.49 | 8.13 | 11.29 | 12.28 | 15.82 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.89 | 0.89 | 0.89 |
| 6.09 | 7.09 | 19.59 | 35.84 | 53.06 | |
| Total Assets | 11.58 | 15.22 | 31.77 | 49.01 | 69.77 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 2.33 | -0.35 | -0.57 | -1.36 | |
| -0.25 | -2.98 | -12.52 | -1.80 | |
| -1.40 | 3.08 | 13.68 | 6.49 | |
| Net Cash Flow | 0.69 | -0.26 | 0.59 | 3.32 |
| Free Cash Flow | 2.08 | -3.33 | -11.90 | -3.16 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 108% | 4% | 3% | 2% |
Ratios
Standalone / 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 | 114.21 |
| Cash Conversion Cycle | -20.56 | 15.83 | 8.41 | 68.13 |
| Working Capital Days | -20.19 | -30.65 | 0.18 | 54.77 |
| ROCE % | 25.80% | 32.75% | 27.62% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Capacity Utilization (Combined) % |
|
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| Installed Capacity (Combined) Kg/Annum |
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| Revenue Share - Haryana % |
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| Revenue Share - Rubber Hose and Assemblies % |
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| Revenue Share - Top 1 Customer % |
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| Revenue Share - Top 10 Customers % |
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| Utilized Capacity (Combined) Kg/Annum |
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Extracted by Screener AI
Documents
Announcements
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Outcome Of Board Meeting Of Board Of Defrail Technologies Limited Held On 13.11.2026.
- Board approved H1 FY27 results on 13 Nov 2026; standalone revenue ₹4,911.10 lakh, profit ₹176.58 lakh.
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Board Meeting Outcome for Outcome Of Board Meeting Of Board Of Defrail Technologies Limited Held
On 13.11.2026.
- Board approved H1 FY27 standalone and consolidated results on 13 Nov 2026; net profit rose to ₹176.58 lakh.
-
Board Meeting Intimation for Prior Intimation Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 - Notice Of Board Meeting.
- Board meets on 13 Nov 2026 to approve H1 FY2027 standalone and consolidated results.
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Declaration With Respect To Non-Applicability Of Regulation 23(9) SEBI (Listing Obligation And Disclosure Requirements) (Amendment) Regulation, 2018, For The Half Year Ended 30.09.2026.
- Defrail says Regulation 23(9) non-applicable for half year ended 30.09.2026 on SME platform.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Regulation 74(5) compliance certificate filed for quarter ended September 30, 2026.
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.