Pulz Electronics Ltd
Incorporated in 2005, Pulz Electronics Ltd provides audio systems and solutions.[1]
- Market Cap ₹ 52.1 Cr.
- Current Price ₹ 23.9
- High / Low ₹ 45.6 / 22.0
- Stock P/E 11.2
- Book Value ₹ 17.4
- Dividend Yield 0.00 %
- ROCE 18.3 %
- ROE 13.0 %
- 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 49.9 to 71.6 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 | 37.24 | 33.82 | |
| 11.30 | 12.31 | 11.55 | 15.72 | 20.60 | 28.42 | 9.64 | 18.07 | 36.00 | 27.75 | 28.73 | 27.77 | |
| Operating Profit | 0.47 | 0.67 | 2.21 | 2.32 | 3.40 | 2.76 | -0.69 | 1.64 | 8.89 | 11.07 | 8.51 | 6.05 |
| OPM % | 3.99% | 5.16% | 16.06% | 12.86% | 14.17% | 8.85% | -7.71% | 8.32% | 19.80% | 28.52% | 22.85% | 17.89% |
| 0.13 | 0.10 | 0.30 | 0.50 | 0.80 | 0.69 | 0.92 | 0.59 | 1.08 | 0.67 | -1.98 | 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 | 0.03 |
| 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: | 10% |
| 5 Years: | 30% |
| 3 Years: | -9% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 69% |
| 3 Years: | -12% |
| TTM: | -26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | -13% |
| 1 Year: | -46% |
| 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 | 0.39 | 0.29 | |
| 5.63 | 4.73 | 6.16 | 7.05 | 9.15 | 8.39 | 6.47 | 8.01 | 11.00 | 10.12 | 7.13 | 6.54 | |
| Total Liabilities | 9.38 | 8.96 | 11.54 | 18.01 | 20.65 | 21.71 | 19.40 | 22.26 | 32.09 | 39.62 | 40.90 | 44.85 |
| 2.83 | 2.95 | 2.84 | 2.96 | 4.02 | 3.72 | 2.56 | 2.70 | 3.56 | 3.50 | 3.30 | 3.71 | |
| 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 | 0.00 | 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 | 40.23 | |
| Total Assets | 9.38 | 8.96 | 11.54 | 18.01 | 20.65 | 21.71 | 19.40 | 22.26 | 32.09 | 39.62 | 40.90 | 44.85 |
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 | ||
| -0.24 | -0.29 | -0.10 | -0.66 | -1.46 | -0.13 | 0.24 | -0.36 | -1.95 | -5.36 | -3.57 | ||
| -0.88 | -0.06 | -0.19 | 3.35 | -0.20 | -0.38 | 0.00 | -0.04 | -0.38 | 0.12 | 0.07 | ||
| 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 | |
| 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 | |
| CFO/OP | 247% | 72% | 49% | 58% | 31% | 109% | 203% | 137% | 35% | 68% | 54% |
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 | 48.12 | 71.55 |
| Inventory Days | 260.14 | 198.14 | 318.57 | 323.90 | 365.00 | 204.00 | 650.38 | 286.74 | 208.51 | 369.86 | 364.23 | 345.10 |
| Days Payable | 46.41 | 42.24 | 96.43 | 72.37 | 126.16 | 88.17 | 268.47 | 141.94 | 73.29 | 108.94 | 58.70 | 64.53 |
| Cash Conversion Cycle | 235.13 | 184.31 | 304.64 | 273.17 | 258.00 | 138.54 | 457.77 | 196.83 | 172.38 | 290.81 | 353.66 | 352.13 |
| Working Capital Days | 85.59 | 88.58 | 76.93 | 78.10 | 72.39 | 64.85 | 316.06 | 145.19 | 120.26 | 170.94 | 168.29 | 159.84 |
| ROCE % | 10.34% | 14.04% | 48.28% | 31.82% | 33.75% | 23.21% | -3.05% | 12.73% | 52.41% | 43.41% | 27.44% | 18.29% |
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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Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 July 2026 - Non-applicability of Regulation 74(5) certificate confirmed for quarter ended June 30, 2026.
-
Disclosure under SEBI Takeover Regulations
1 July 2026 - Promoters held 15,044,000 shares and reported no encumbrance for FY ended March 31, 2026.
-
Outcome of Board Meeting
30 May 2026 - Pulz Electronics approved FY26 audited standalone and consolidated results on 30 May 2026; standalone PAT ₹35.79 lakh.
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Structural Digital Database
29 May 2026 - Pulz Electronics filed FY2026 SDD compliance certificate; six events captured, no noncompliances.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 April 2026 - Non-applicability confirmation under Regulation 74(5) for quarter ended 31 March 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.