Cellecor Gadgets Ltd
Incorporated in 2020, Cellecor GadgetsLtd is in the business of selling consumer electronic products[1]
- Market Cap ₹ 691 Cr.
- Current Price ₹ 31.3
- High / Low ₹ 68.8 / 21.8
- Stock P/E 19.3
- Book Value ₹ 8.36
- Dividend Yield 0.00 %
- ROCE 24.2 %
- ROE 25.1 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.34%
* 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
Consumer Discretionary Consumer Durables Consumer Durables Consumer Electronics
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 0 | 121 | 264 | 500 | 1,026 | 1,242 | |
| 0 | 118 | 252 | 471 | 972 | 1,179 | |
| Operating Profit | -0 | 3 | 13 | 30 | 54 | 63 |
| OPM % | 2% | 5% | 6% | 5% | 5% | |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 2 | 7 | 12 | 14 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | -0 | 3 | 11 | 22 | 41 | 48 |
| Tax % | 0% | 28% | 24% | 26% | 25% | |
| -0 | 2 | 8 | 16 | 31 | 36 | |
| EPS in Rs | -0.20 | 21.40 | 73.36 | 0.77 | 1.42 | 1.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 104% |
| TTM: | 73% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 144% |
| TTM: | 51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 30% |
| Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.11 | 21 | 22 | 22 |
| Reserves | -0 | 2 | 14 | 69 | 134 | 163 |
| 0 | 1 | 21 | 75 | 121 | 148 | |
| 0 | 20 | 35 | 21 | 59 | 72 | |
| Total Liabilities | 0 | 24 | 70 | 186 | 335 | 404 |
| 0 | 0 | 1 | 1 | 19 | 18 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 24 | 69 | 185 | 317 | 386 | |
| Total Assets | 0 | 24 | 70 | 186 | 335 | 404 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0 | -0 | -21 | -102 | -34 | |
| 0 | -0 | -2 | -1 | -18 | |
| 0 | 1 | 22 | 107 | 69 | |
| Net Cash Flow | 0 | 1 | -1 | 4 | 17 |
| Free Cash Flow | 0 | -1 | -22 | -102 | -52 |
| CFO/OP | 0% | -13% | -157% | -318% | -42% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 3 | 10 | 14 | 15 | |
| Inventory Days | 42 | 76 | 81 | 87 | |
| Days Payable | 55 | 37 | 13 | 17 | |
| Cash Conversion Cycle | -11 | 49 | 82 | 84 | |
| Working Capital Days | 7 | 25 | 61 | 41 | |
| ROCE % | 171% | 64% | 29% | 24% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Number of Distributors Numbers |
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| Single Day Sales Smart TVs Units |
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| Single Day Sales Smartwatches Units |
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Documents
Announcements
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Copy of Newspaper Publication
8 April 2026 - Company completed dispatch of postal ballot notice and published e-voting newspaper advertisements on April 8, 2026.
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Shareholders meeting
7 April 2026 - Postal ballot seeks approval for 3.5 crore convertible warrants to Ravi Agarwal at ₹28, totaling ₹98 crore.
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Outcome of Board Meeting
7 April 2026 - Board approved ₹98 crore preferential warrants to promoter Ravi Agarwal; postal ballot set, and NSE fine of ₹11,800 paid.
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Disclosure of material issue
1 April 2026 - Board meeting Apr 07, 2026 to consider fundraising via securities/convertible instruments; trading window closed from Apr 01, 2026.
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Trading Window
1 April 2026 - Trading window closed Apr 1, 2026 until 48 hours after board meeting for FY ended Mar 31, 2026 results.
Business Overview[1]
The company operates as a distributor and trader in mobile accessories and electronic products. It sources products from third-party manufacturers and sells them under its own brand and other established brands.