Adroit Industries (India) Ltd
Incorporated in January 1995, Adroit Industries is a vertically integrated manufacturer and supplier of propeller shafts and torque-transmission components used in driveline systems.[1]
- Market Cap ₹ 434 Cr.
- Current Price ₹ 248
- High / Low ₹ 250 / 235
- Stock P/E 16.9
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 21.5 %
- ROE 22.1 %
- Face Value ₹ 10.0
Pros
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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 103 | 125 | 134 | 140 | |
| 88 | 95 | 103 | 101 | |
| Operating Profit | 16 | 30 | 31 | 39 |
| OPM % | 15% | 24% | 23% | 28% |
| 1 | 1 | 3 | 3 | |
| Interest | 5 | 8 | 6 | 5 |
| Depreciation | 3 | 4 | 4 | 4 |
| Profit before tax | 8 | 18 | 23 | 33 |
| Tax % | 24% | 19% | 21% | 22% |
| 6 | 15 | 18 | 26 | |
| EPS in Rs | 3.68 | 8.32 | 10.39 | 14.68 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 59% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 35 |
| Reserves | 64 | 70 | 86 | 94 |
| 94 | 82 | 65 | 53 | |
| 27 | 29 | 18 | 31 | |
| Total Liabilities | 203 | 199 | 187 | 213 |
| 67 | 63 | 59 | 55 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 33 | 25 | 22 | 21 |
| 103 | 112 | 106 | 137 | |
| Total Assets | 203 | 199 | 187 | 213 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -30 | 20 | 20 | 29 | |
| -25 | -0 | 3 | -12 | |
| 55 | -20 | -24 | -17 | |
| Net Cash Flow | -0 | -0 | 0 | 0 |
| Free Cash Flow | -43 | 20 | 22 | 25 |
| CFO/OP | -179% | 74% | 82% | 91% |
Ratios
Consolidated / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 136 | 94 | 109 | 118 |
| Inventory Days | 536 | 752 | 427 | 546 |
| Days Payable | 267 | 232 | 97 | 208 |
| Cash Conversion Cycle | 405 | 614 | 439 | 456 |
| Working Capital Days | 41 | 45 | 84 | 105 |
| ROCE % | 15% | 17% | 22% |
Business Overview[1]
Adroit Industries manufactures and supplies propeller shafts, also known as drive shafts or cardan shafts, and other torque-transmission components used in driveline systems. The company has more than four decades of operating experience and has developed an integrated manufacturing model covering forging, precision machining, heat treatment, assembly, balancing, and testing. As of July 31, 2026, it offered more than 5,000 SKUs of torque-transmission components and assemblies.