Quadrant Future Tek Ltd
Incorporated in 2015, Quadrant Future-
Tek Ltd manufactures specialty cables
and develops train control & signalling
systems[1]
- Market Cap ₹ 1,644 Cr.
- Current Price ₹ 412
- High / Low ₹ 502 / 249
- Stock P/E
- Book Value ₹ 64.5
- Dividend Yield 0.00 %
- ROCE -15.8 %
- ROE -15.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 6.39 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -10.4% over last 3 years.
- Company has high debtors of 160 days.
- Working capital days have increased from 183 days to 392 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
Industrials Capital Goods Industrial Products Cables - Electricals
Part of BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 73 | 104 | 153 | 151 | 150 | 153 | 165 | |
| 62 | 95 | 126 | 115 | 149 | 192 | 197 | |
| Operating Profit | 11 | 9 | 26 | 37 | 1 | -39 | -33 |
| OPM % | 15% | 9% | 17% | 24% | 0.6% | -26% | -20% |
| 0 | 0 | 0 | 0 | 2 | 5 | 3 | |
| Interest | 2 | 3 | 3 | 4 | 8 | 3 | 3 |
| Depreciation | 3 | 3 | 4 | 12 | 21 | 19 | 18 |
| Profit before tax | 6 | 3 | 20 | 21 | -26 | -56 | -50 |
| Tax % | 18% | 34% | 30% | 44% | -25% | -23% | |
| 5 | 2 | 14 | 12 | -20 | -43 | -39 | |
| EPS in Rs | 4.81 | 1.94 | 13.90 | 11.62 | -4.92 | -10.74 | -9.65 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 0% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -7% |
| 3 Years: | -10% |
| Last Year: | -15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 40 | 40 |
| Reserves | 4 | 6 | 19 | 37 | 258 | 218 |
| 41 | 81 | 74 | 82 | 85 | 24 | |
| 4 | 16 | 15 | 18 | 18 | 39 | |
| Total Liabilities | 59 | 113 | 119 | 146 | 402 | 321 |
| 18 | 20 | 21 | 83 | 72 | 62 | |
| CWIP | 6 | 33 | 48 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 34 | 60 | 49 | 63 | 329 | 258 | |
| Total Assets | 59 | 113 | 119 | 146 | 402 | 321 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 6 | -5 | 30 | 22 | -72 | -86 | |
| -8 | -32 | -20 | -25 | -5 | -3 | |
| 3 | 36 | -10 | 3 | 263 | -65 | |
| Net Cash Flow | -0 | 0 | 0 | 0 | 186 | -154 |
| Free Cash Flow | -3 | -36 | 10 | -3 | -79 | -95 |
| CFO/OP | 74% | -42% | 119% | 81% | -7,382% | 224% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 85 | 94 | 56 | 77 | 134 | 160 |
| Inventory Days | 118 | 113 | 63 | 87 | 167 | 319 |
| Days Payable | 9 | 64 | 22 | 28 | 39 | 92 |
| Cash Conversion Cycle | 193 | 143 | 97 | 135 | 261 | 387 |
| Working Capital Days | 33 | 63 | 17 | 22 | 134 | 392 |
| ROCE % | 8% | 23% | 22% | -7% | -16% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|---|
| Specialty Cables - Installed Capacity MT per annum |
|
|||
| Customer Concentration - Top 1 Customer (Indian Railways) % of Revenue from Operations |
||||
| Specialty Cables - Capacity Utilization % |
||||
| Specialty Cables - Production Volume Metric Tonnes |
||||
| KAVACH / TCAS Division Order Book INR Million |
||||
| R&D / Engineering Team Headcount Number of Engineers |
||||
| Specialty Cables - Public Sector Revenue Share % |
||||
| Total Order Book INR Million |
||||
Extracted by Screener AI
Documents
Announcements
-
Clarification On Significant Movement In The Price Of Company''s Security Across Exchanges In The Recent Past
- Company clarifies recent share price movement appears market-driven, with no additional disclosures.
-
Clarification sought from Quadrant Future Tek Ltd
- Exchange has sought clarification from Quadrant Future Tek Ltd on August 25, 2026 with reference to significant movement in price, in order to ensure that …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Intimation for Newspaper Publication of Unaudited financial results for the Quarter ended 30th June 2026
-
Intimation For Typographical Error In Segment Reporting Section Of Unaudited Financial Results For The Quarter Ended 30Th June 2026
- Revised Q1 FY2026 segment reporting for 30 June 2026; clerical corrections only, no material impact.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
- Investor Presentation for Quarter ended 30th June 2026
Concalls
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Aug 2026TranscriptAI SummaryPPT
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May 2026TranscriptAI SummaryPPT
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptPPT
Business Overview:[1][2]
Quadrant Future Tek operates across 2 core divisions: Specialty Cables and Train Control & Signalling. Specialty Cables manufactures electron-beam irradiated cables for railway rolling stock/signalling, naval defence, renewable energy and EV applications. Train Control & Signalling covers KAVACH, Electronic Interlocking (EI) and Multi Section Digital Axle Counter (MSDAC). The Annual Report also lists electrical connectors and wiring harnesses for rail vehicles, defence and automotive applications
a) Specialty Cables:[1][3][4]
The company manufactures cables using 2.5 MeV Electron Beam irradiation and in-house polymer formulations. The railway portfolio includes 300V, 750V, 1.8/3.0KV and 3.6/6.0KV irradiated cables. The defence portfolio includes EED-50-12 and EED-50-13 irradiated cables. Other applications include solar, EV and submarine cables. Rail cables hold RDSO approvals, naval cables DGQA approval, and solar cables BIS approval. Q1FY27 customer mix: Public Sector 72%, Private Sector 28%. Specialty Cable order book: 407 Mn. FY26 segment revenue: 1,530 Mn.