Quadrant Future Tek Ltd
Incorporated in 2015, Quadrant Future-
Tek Ltd manufactures specialty cables
and develops train control & signalling
systems[1]
- Market Cap ₹ 1,350 Cr.
- Current Price ₹ 337
- High / Low ₹ 531 / 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 5.23 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 | |
|---|---|---|---|---|---|---|
| 73 | 104 | 153 | 151 | 150 | 153 | |
| 62 | 95 | 126 | 115 | 149 | 192 | |
| Operating Profit | 11 | 9 | 26 | 37 | 1 | -39 |
| OPM % | 15% | 9% | 17% | 24% | 1% | -26% |
| 0 | 0 | 0 | 0 | 2 | 5 | |
| Interest | 2 | 3 | 3 | 4 | 8 | 3 |
| Depreciation | 3 | 3 | 4 | 12 | 21 | 19 |
| Profit before tax | 6 | 3 | 20 | 21 | -26 | -56 |
| Tax % | 18% | 34% | 30% | 44% | -25% | -23% |
| 5 | 2 | 14 | 12 | -20 | -43 | |
| EPS in Rs | 4.81 | 1.94 | 13.90 | 11.62 | -4.92 | -10.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 0% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -118% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -26% |
| 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 | Sep 2025 | Dec 2026 (P) | |
|---|---|---|---|---|---|
| Installed Capacity - Specialty Cables MTPA |
|
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| Actual Production Volume - Specialty Cables MT |
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| Capacity Utilization - Specialty Cables % |
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| Tenders Awarded - Specialty Cable Division Number |
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| Order Book - Train Control and Signaling (KAVACH) INR Mn |
|||||
| Estimated Annual Capacity - Locomotive TCAS units Units |
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| Estimated Annual Capacity - Station TCAS units Units |
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| Order Book - Specialty Cables INR Mn |
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| R&D Team Size Engineers |
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| Total Order Book INR Mn |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Investor Presentation
29 May - Investor Presentation for the Q4 and year ended 31st March 2026
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Intimation for Newspaper Publication of Audited Financial Results for the Quarter and year ended 31st March 2026
-
Board Meeting Outcome for Intimation Of Audited Financial Results For The Quarter And Financial Year Ended 31St March 2026
27 May - FY26 audited results approved on 27 May 2026; company reported ₹557.33 million loss and reappointed internal auditors.
- Audited Financial Results For The Quarter And Financial Year Ended 31St March 2026 27 May
-
Compliance Under Regulation 32 Of SEBI (LODR) Regulations 2015
27 May - No deviation in utilisation of ₹2,900 million IPO proceeds for quarter ended 31 March 2026.
Concalls
-
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]
QFT is a technology & research-oriented company certified under ISO 14001:2015, ISO 9001:2015, IRIS, and TS Quality Management Systems. It develops next-generation Train Control and Signalling Systems under the KAVACH project for Indian Railways and operates a specialty cable manufacturing facility with an Electron Beam Irradiation Centre. The cables are used in railway rolling stock and the naval (defense) industry. QFT also has full infrastructure for producing solar and EV cables, along with a facility for manufacturing and testing specialty cables and hardware for the Train Control and Signalling Division.