Quadrant Future Tek Ltd
Incorporated in 2015, Quadrant Future-
Tek Ltd manufactures specialty cables
and develops train control & signalling
systems[1]
- Market Cap ₹ 1,636 Cr.
- Current Price ₹ 409
- 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 6.35 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: | -20% |
| 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
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jul - Compliance certificate under Regulation 74(5) for quarter ended June 30, 2026.
-
Closure of Trading Window
25 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 unaudited results.
-
Clarification On Significant Movement In The Volume Of Company''s Security
16 Jun - Company clarified recent volume spike was market-driven, with no additional information.
-
Clarification sought from Quadrant Future Tek Ltd
16 Jun - Exchange has sought clarification from Quadrant Future Tek Ltd on June 16, 2026, with reference to Movement in Volume.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
29 May - Investor Presentation for the Q4 and year ended 31st March 2026
Concalls
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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]
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.