Pulz Electronics Ltd
Incorporated in 2005, Pulz Electronics Ltd provides audio systems and solutions.[1]
- Market Cap ₹ 48.2 Cr.
- Current Price ₹ 22.1
- High / Low ₹ 44.2 / 21.4
- Stock P/E 10.8
- Book Value ₹ 17.4
- Dividend Yield 0.00 %
- ROCE 18.0 %
- ROE 12.5 %
- 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 39.5 to 53.3 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 31.18 | 8.95 | 19.71 | 44.89 | 38.82 | 50.81 | 45.38 | |
| 11.30 | 12.31 | 11.55 | 15.72 | 20.60 | 28.42 | 9.64 | 18.07 | 36.00 | 27.75 | 42.29 | 39.31 | |
| Operating Profit | 0.47 | 0.67 | 2.21 | 2.32 | 3.40 | 2.76 | -0.69 | 1.64 | 8.89 | 11.07 | 8.52 | 6.07 |
| OPM % | 3.99% | 5.16% | 16.06% | 12.86% | 14.17% | 8.85% | -7.71% | 8.32% | 19.80% | 28.52% | 16.77% | 13.38% |
| 0.13 | 0.10 | 0.30 | 0.50 | 0.80 | 0.69 | 0.92 | 0.59 | 1.08 | 0.67 | -1.99 | 1.34 | |
| Interest | 0.24 | 0.21 | 0.19 | 0.25 | 0.21 | 0.07 | 0.03 | 0.04 | 0.06 | 0.06 | 0.08 | 0.05 |
| Depreciation | 0.19 | 0.20 | 0.19 | 0.22 | 0.41 | 0.57 | 0.55 | 0.51 | 0.71 | 0.71 | 0.69 | 0.80 |
| Profit before tax | 0.17 | 0.36 | 2.13 | 2.35 | 3.58 | 2.81 | -0.35 | 1.68 | 9.20 | 10.97 | 5.76 | 6.56 |
| Tax % | 94.12% | 13.89% | 37.56% | 30.64% | 31.01% | 23.49% | -8.57% | 81.55% | 26.63% | 24.61% | 27.43% | 29.27% |
| 0.01 | 0.30 | 1.34 | 1.62 | 2.46 | 2.14 | -0.32 | 0.31 | 6.74 | 8.28 | 4.17 | 4.64 | |
| EPS in Rs | 0.02 | 0.75 | 0.84 | 0.74 | 1.12 | 0.98 | -0.15 | 0.14 | 3.09 | 3.80 | 1.91 | 2.13 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 5.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 38% |
| 3 Years: | 0% |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 67% |
| 3 Years: | -13% |
| TTM: | -28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | -20% |
| 1 Year: | -45% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 21% |
| 3 Years: | 21% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 8.72 | 7.81 | 7.48 | 8.80 | 10.03 | 18.31 | 11.57 | 16.21 |
| 1.56 | 1.74 | 1.55 | 1.97 | 0.05 | 0.06 | 0.00 | 0.00 | 0.16 | 0.29 | 0.38 | 0.29 | |
| 5.63 | 4.73 | 6.16 | 7.05 | 9.15 | 8.39 | 6.47 | 8.01 | 11.00 | 10.12 | 7.14 | 6.55 | |
| Total Liabilities | 9.38 | 8.96 | 11.54 | 18.01 | 20.65 | 21.71 | 19.40 | 22.26 | 32.09 | 39.62 | 40.90 | 44.86 |
| 2.83 | 2.95 | 2.84 | 2.96 | 4.02 | 3.72 | 2.56 | 2.70 | 3.56 | 3.50 | 3.30 | 3.52 | |
| CWIP | 0.04 | 0.04 | 0.06 | 0.38 | 0.37 | 0.23 | 0.59 | 0.30 | 0.69 | 1.02 | 1.14 | 0.19 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.90 | 0.90 | 0.91 | 0.91 |
| 6.51 | 5.97 | 8.64 | 14.67 | 16.26 | 17.76 | 16.25 | 19.26 | 26.94 | 34.20 | 35.55 | 40.24 | |
| Total Assets | 9.38 | 8.96 | 11.54 | 18.01 | 20.65 | 21.71 | 19.40 | 22.26 | 32.09 | 39.62 | 40.90 | 44.86 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 2.29 | -1.40 | 1.86 | 0.60 | 4.66 | 2.96 | 6.42 | |
| -0.24 | -0.29 | -0.10 | -0.66 | -1.46 | -0.13 | 0.24 | -0.36 | -1.95 | -5.36 | -3.57 | -6.46 | |
| -0.88 | -0.06 | -0.19 | 3.35 | -0.20 | -0.38 | 0.00 | -0.04 | -0.38 | 0.12 | 0.07 | -0.13 | |
| Net Cash Flow | -0.02 | 0.05 | 0.02 | 3.30 | -1.62 | 1.78 | -1.16 | 1.46 | -1.73 | -0.58 | -0.54 | -0.17 |
| Free Cash Flow | 0.86 | 0.11 | 0.21 | -0.05 | -1.42 | 2.16 | -1.16 | 1.50 | -1.35 | 3.67 | 2.30 | 6.48 |
| CFO/OP | 247% | 72% | 49% | 58% | 31% | 109% | 203% | 137% | 35% | 68% | 54% | 138% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 22.71 | 75.85 | 52.04 | 37.16 | 29.90 | 35.27 | 53.33 |
| Inventory Days | 260.14 | 198.14 | 318.57 | 323.90 | 365.00 | 204.00 | 650.38 | 286.74 | 208.51 | 369.86 | 364.23 | 345.37 |
| Days Payable | 46.41 | 42.24 | 96.43 | 72.37 | 126.16 | 88.17 | 268.47 | 141.94 | 73.29 | 108.94 | 58.70 | 64.58 |
| Cash Conversion Cycle | 235.13 | 184.31 | 304.64 | 273.17 | 258.00 | 138.54 | 457.77 | 196.83 | 172.38 | 290.81 | 340.81 | 334.12 |
| Working Capital Days | 85.59 | 88.58 | 76.93 | 78.10 | 72.39 | 64.85 | 316.06 | 145.19 | 120.26 | 170.94 | 123.34 | 119.12 |
| ROCE % | 10.34% | 14.04% | 48.28% | 31.82% | 33.75% | 23.21% | -3.05% | 12.73% | 52.41% | 43.41% | 27.44% | 17.95% |
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 ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Updates
- Book closure from 24-30 Sep 2026; e-voting 27-29 Sep 2026 for 21st AGM.
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Shareholders meeting
- 21st AGM on 30 Sep 2026; financials adoption, Rumeeta Ghose reappointment, and director remuneration limit increase.
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Outcome of Board Meeting
- Board approved draft Board’s Report and annexures for FY ended 31 March 2026.
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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.
Annual reports
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Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
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Annual Report 2022
from nse
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Annual Report 2021
from nse
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Annual Report 2020
from nse
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Annual Report 2019
from nse
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Annual Report 2018
from nse
Business Overview:[1]
PEL is int the business of developing and manufacturing audio systems and solutions for cinema, pro audio and home audio industries.