Pulz Electronics Ltd
Incorporated in 2005, Pulz Electronics Ltd provides audio systems and solutions.[1]
- Market Cap ₹ 50.0 Cr.
- Current Price ₹ 23.0
- High / Low ₹ 44.2 / 21.4
- Stock P/E 14.0
- Book Value ₹ 14.0
- Dividend Yield 0.00 %
- ROCE 17.8 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.68%
- Debtor days have increased from 44.9 to 82.7 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
Consumer Discretionary Consumer Durables Consumer Durables Consumer Electronics
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11.77 | 12.98 | 13.76 | 18.04 | 24.00 | 28.41 | 5.73 | 12.72 | 29.21 | 32.01 | 30.21 | 27.93 | |
| 11.30 | 12.31 | 11.55 | 15.72 | 20.60 | 25.80 | 6.37 | 11.36 | 22.17 | 23.63 | 25.00 | 23.04 | |
| Operating Profit | 0.47 | 0.67 | 2.21 | 2.32 | 3.40 | 2.61 | -0.64 | 1.36 | 7.04 | 8.38 | 5.21 | 4.89 |
| OPM % | 3.99% | 5.16% | 16.06% | 12.86% | 14.17% | 9.19% | -11.17% | 10.69% | 24.10% | 26.18% | 17.25% | 17.51% |
| 0.13 | 0.10 | 0.30 | 0.50 | 0.80 | 0.70 | 0.87 | 0.41 | 0.67 | 0.27 | -2.26 | 0.75 | |
| Interest | 0.24 | 0.21 | 0.19 | 0.25 | 0.21 | 0.06 | 0.03 | 0.04 | 0.05 | 0.04 | 0.06 | 0.01 |
| Depreciation | 0.19 | 0.20 | 0.19 | 0.22 | 0.41 | 0.57 | 0.55 | 0.51 | 0.61 | 0.46 | 0.42 | 0.50 |
| Profit before tax | 0.17 | 0.36 | 2.13 | 2.35 | 3.58 | 2.68 | -0.35 | 1.22 | 7.05 | 8.15 | 2.47 | 5.13 |
| Tax % | 94.12% | 13.89% | 37.56% | 30.64% | 31.01% | 23.51% | -5.71% | 19.67% | 26.52% | 24.05% | 26.32% | 30.21% |
| 0.01 | 0.30 | 1.34 | 1.63 | 2.47 | 2.05 | -0.33 | 0.98 | 5.18 | 6.19 | 1.83 | 3.58 | |
| EPS in Rs | 0.02 | 0.75 | 0.84 | 0.74 | 1.12 | 0.94 | -0.15 | 0.45 | 2.38 | 2.84 | 0.84 | 1.64 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 5.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 37% |
| 3 Years: | -1% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 61% |
| 3 Years: | -12% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | -15% |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 18% |
| 3 Years: | 18% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 2.00 | 2.73 | 2.73 | 5.45 | 5.45 | 5.45 | 10.90 | 10.90 | 21.81 | 21.81 |
| Reserves | 1.69 | 1.99 | 1.83 | 6.26 | 8.73 | 7.73 | 7.40 | 8.38 | 8.04 | 14.23 | 5.15 | 8.73 |
| 1.56 | 1.74 | 1.55 | 1.97 | 0.05 | 0.06 | 0.00 | 0.00 | 0.16 | 0.12 | 0.09 | 0.04 | |
| 5.63 | 4.73 | 6.16 | 7.06 | 9.14 | 7.88 | 5.57 | 6.21 | 8.02 | 5.55 | 3.76 | 4.42 | |
| Total Liabilities | 9.38 | 8.96 | 11.54 | 18.02 | 20.65 | 21.12 | 18.42 | 20.04 | 27.12 | 30.80 | 30.81 | 35.00 |
| 2.83 | 2.95 | 2.84 | 2.96 | 4.02 | 3.72 | 2.56 | 2.70 | 2.62 | 2.28 | 2.15 | 2.85 | |
| CWIP | 0.04 | 0.04 | 0.06 | 0.38 | 0.37 | 0.23 | 0.59 | 0.30 | 0.69 | 1.02 | 1.14 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.91 | 0.91 | 0.92 | 0.92 |
| 6.51 | 5.97 | 8.64 | 14.67 | 16.25 | 17.16 | 15.26 | 17.03 | 22.90 | 26.59 | 26.60 | 31.23 | |
| Total Assets | 9.38 | 8.96 | 11.54 | 18.02 | 20.65 | 21.12 | 18.42 | 20.04 | 27.12 | 30.80 | 30.81 | 35.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.10 | 0.40 | 0.31 | 0.61 | 0.04 | 2.22 | -2.28 | 1.72 | -1.40 | 2.68 | 1.66 | ||
| -0.24 | -0.29 | -0.10 | -0.66 | -1.46 | -0.13 | 0.24 | -0.36 | 1.09 | -1.90 | -2.17 | ||
| -0.88 | -0.06 | -0.19 | 3.35 | -0.20 | -0.38 | 0.00 | -0.04 | 0.00 | -0.08 | -0.04 | ||
| Net Cash Flow | -0.02 | 0.05 | 0.02 | 3.29 | -1.62 | 1.72 | -2.04 | 1.32 | -0.31 | 0.70 | -0.55 | |
| Free Cash Flow | 0.86 | 0.09 | 0.21 | -0.05 | -1.42 | 2.09 | -2.04 | 1.72 | -2.31 | 2.27 | 1.20 | |
| CFO/OP | 247% | 72% | 49% | 58% | 31% | 111% | 356% | 146% | 7% | 57% | 45% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21.40 | 28.40 | 82.50 | 21.65 | 19.16 | 28.78 | 164.35 | 83.79 | 44.61 | 6.96 | 45.07 | 82.72 |
| Inventory Days | 260.14 | 198.14 | 318.57 | 323.90 | 365.00 | 217.94 | 1,219.53 | 473.90 | 376.60 | 395.20 | 342.62 | 320.63 |
| Days Payable | 46.41 | 42.24 | 96.43 | 72.37 | 126.16 | 97.53 | 502.41 | 252.51 | 120.19 | 96.68 | 40.56 | 1.77 |
| Cash Conversion Cycle | 235.13 | 184.31 | 304.64 | 273.17 | 258.00 | 149.19 | 881.46 | 305.18 | 301.02 | 305.47 | 347.13 | 401.58 |
| Working Capital Days | 85.59 | 43.02 | 76.93 | 78.10 | 72.54 | 70.53 | 547.82 | 245.92 | 185.31 | 207.76 | 210.11 | 188.32 |
| ROCE % | 14.04% | 48.28% | 31.82% | 33.73% | 22.14% | -3.07% | 9.45% | 43.12% | 36.71% | 19.50% | 17.84% |
Insights
In beta| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Manufacturing Revenue Share % of total revenue |
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Extracted by Screener AI
Documents
Announcements
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Outcome of Board Meeting
- Board approved draft Board’s Report and annexures for FY ended 31 March 2026.
-
Appointment
- Board approved annual report, 21st AGM on 30 September 2026, e-voting schedule, and internal auditor reappointment.
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Outcome of Board Meeting
- Board approved annual report, AGM on 30 Sept 2026, e-voting dates, scrutinizer and internal auditor reappointment.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Non-applicability of Regulation 74(5) certificate confirmed for quarter ended June 30, 2026.
-
Disclosure under SEBI Takeover Regulations
- Promoters held 15,044,000 shares and reported no encumbrance for FY ended March 31, 2026.
Business Overview:[1]
PEL is int the business of developing and manufacturing audio systems and solutions for cinema, pro audio and home audio industries.