SJP Ultrasonics Ltd
Incorporated in 2012, SJP Ultrasonics
Ltd. is engaged in the end-to-end plastic
joining and automation solution providers.[1]
- Market Cap ₹ 114 Cr.
- Current Price ₹ 88.2
- High / Low ₹ 119 / 73.0
- Stock P/E 20.4
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 36.7 %
- ROE 29.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.1%
- Debtor days have improved from 125 to 91.7 days.
Cons
* 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
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 11.67 | 11.45 | 15.21 | 21.06 | 26.56 | |
| Sales growth | -1.89% | +32.84% | +38.46% | +26.12% | |
| 10.94 | 8.75 | 9.79 | 14.21 | 18.27 | |
| Operating Profit | 0.73 | 2.70 | 5.42 | 6.85 | 8.29 |
| OPM % | 6.26% | 23.58% | 35.63% | 32.53% | 31.21% |
| 0.18 | 0.08 | 0.01 | 0.10 | 0.05 | |
| Interest | 0.24 | 0.26 | 0.37 | 0.94 | 0.91 |
| Depreciation | 0.37 | 0.38 | 0.32 | 0.50 | 0.40 |
| Profit before tax | 0.30 | 2.14 | 4.74 | 5.51 | 7.03 |
| Tax % | 16.67% | 34.58% | 28.27% | 24.50% | 25.46% |
| 0.26 | 1.41 | 3.40 | 4.15 | 5.24 | |
| EPS in Rs | 0.47 | 2.56 | 6.18 | 4.40 | 5.55 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 56% |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 38% |
| Last Year: | 30% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.10 | 1.10 | 1.10 | 9.44 | 9.44 | 9.44 |
| Reserves | 1.08 | 2.23 | 5.63 | 5.75 | 10.65 | 11.43 |
| 1.48 | 1.54 | 2.01 | 2.41 | 5.78 | 6.52 | |
| 1.34 | 7.89 | 8.23 | 9.53 | 9.33 | 12.78 | |
| Total Liabilities | 5.00 | 12.76 | 16.97 | 27.13 | 35.20 | 40.17 |
| 1.13 | 0.86 | 1.57 | 1.33 | 1.01 | 0.94 | |
| CWIP | 0.40 | 0.40 | 0.00 | 0.32 | 0.64 | 0.71 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3.47 | 11.50 | 15.40 | 25.48 | 33.55 | 38.52 | |
| Total Assets | 5.00 | 12.76 | 16.97 | 27.13 | 35.20 | 40.17 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -0.84 | 0.15 | -3.97 | -3.51 | ||
| 0.13 | -0.02 | -0.59 | -0.40 | ||
| -0.20 | 0.10 | 4.50 | 3.36 | ||
| Net Cash Flow | -0.91 | 0.23 | -0.05 | -0.55 | |
| Free Cash Flow | -0.81 | -0.38 | -4.56 | -3.91 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -28% | 15% | -58% | -42% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | -42.54 | 100.73 | 97.19 | 185.27 | 91.66 |
| Inventory Days | 82.87 | 712.76 | 855.56 | 513.81 | 587.94 |
| Days Payable | 37.95 | 357.81 | 178.12 | 108.58 | 78.01 |
| Cash Conversion Cycle | 2.38 | 455.67 | 774.63 | 590.51 | 601.59 |
| Working Capital Days | -13.45 | 65.03 | 139.90 | 231.37 | 203.80 |
| ROCE % | 55.33% | 75.09% | 48.97% | 36.67% |
Documents
Announcements
-
Statement Of Deviation(S) Or Variation(S) For The Half Year Ended September 30, 2026 Under Regulation 32(1) Of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations').
- No deviation in IPO proceeds usage; Rs2,345 lakh issue listed on BSE SME on Oct 8, 2026.
- Approved Unaudited Financial Results Of The Company For The Half Year Ended September 30, 2026
-
Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held Today I.E. Thursday, November 05, 2026
- Board approved H1 FY27 unaudited results: revenue ₹961.77 lakh, profit ₹77.74 lakh; no IPO fund deviation.
-
Board Meeting Intimation for Prior Intimation Of Board Meeting As Per Regulation 29 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 To Be Held On November 05, 2026.
- Board to meet on November 5, 2026 to approve H1 FY2027 unaudited results.
-
Clarification On Price Movement
- Company clarified no UPSI or material event behind recent share price movement.
Company Overview[1]
SJP Ultrasonics Limited is end-to-end
plastic joining and industrial automation
solutions company. It also manufactures specialised machinery, tools and automated systems, while also procuring and supplying certain equipment from international manufacturers.