XPRO India Ltd

XPRO India Ltd

₹ 1,153 2.77%
02 Jun 3:43 p.m.
About

XPRO India Ltd incorporated in 1997, is a diversified multi-divisional company in the polymer processing industry.[1]

Key Points

Product Portfolio[1]
A. Biax Division (25% of FY25 Revenue)[2])[3]
Company is focusing on special products and niche markets of dielectric films for specialised electrical and industrial applications.

  • Market Cap 2,706 Cr.
  • Current Price 1,153
  • High / Low 1,332 / 785
  • Stock P/E 88.7
  • Book Value 305
  • Dividend Yield 0.18 %
  • ROCE 5.75 %
  • ROE 4.58 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.72 times its book value
  • The company has delivered a poor sales growth of 6.25% over past five years.
  • Company has a low return on equity of 7.27% over last 3 years.
  • Earnings include an other income of Rs.18.2 Cr.
  • Dividend payout has been low at 11.9% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -11.1%
  • Working capital days have increased from 43.8 days to 65.1 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
124 131 110 96 128 139 134 105 158 145 120 106 134
105 112 95 81 112 122 120 94 146 138 113 95 121
Operating Profit 19 19 15 15 17 16 14 11 12 7 7 11 13
OPM % 15% 15% 14% 16% 13% 12% 10% 10% 8% 5% 6% 10% 10%
1 1 3 3 3 6 5 6 3 3 4 4 7
Interest 2 2 1 1 1 1 1 2 1 1 1 1 1
Depreciation 3 3 3 3 3 3 3 3 3 3 3 3 3
Profit before tax 15 16 14 14 17 19 15 13 12 6 8 12 16
Tax % 72% 28% 30% 26% 25% 26% 26% 25% 19% 29% 23% 25% 27%
4 11 9 11 12 14 11 10 9 4 6 9 12
EPS in Rs 2.34 6.20 4.59 5.17 5.64 6.36 4.91 4.36 4.17 1.93 2.50 3.72 4.95
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
258 274 311 304 346 355 373 472 511 465 535 505
255 261 285 283 319 324 333 408 437 399 481 467
Operating Profit 3 14 26 21 27 31 40 64 74 66 54 38
OPM % 1% 5% 8% 7% 8% 9% 11% 14% 15% 14% 10% 8%
5 2 4 27 8 1 2 2 4 10 19 18
Interest 13 22 25 21 20 19 17 13 8 5 4 4
Depreciation 14 18 17 16 13 12 12 12 12 11 11 11
Profit before tax -19 -25 -12 10 2 1 13 41 59 60 58 41
Tax % -26% 40% 0% 0% 2% 1% 39% -11% 23% 27% 24% 26%
-14 -35 -12 10 2 1 8 45 45 44 44 31
EPS in Rs -7.95 -20.09 -7.06 5.91 1.29 0.68 4.47 25.38 24.91 19.91 19.65 13.00
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 5% 8% 10% 10% 15%
Compounded Sales Growth
10 Years: 6%
5 Years: 6%
3 Years: 0%
TTM: -6%
Compounded Profit Growth
10 Years: 11%
5 Years: 30%
3 Years: -12%
TTM: -31%
Stock Price CAGR
10 Years: 45%
5 Years: 63%
3 Years: 15%
1 Year: -5%
Return on Equity
10 Years: 8%
5 Years: 11%
3 Years: 7%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 12 12 12 12 12 12 12 12 18 22 22 23
Reserves 105 70 57 67 70 71 78 160 215 538 595 692
213 226 215 190 172 168 135 90 39 39 116 118
56 50 68 79 63 66 83 73 68 78 119 102
Total Liabilities 386 358 351 348 316 317 308 335 340 677 852 936
250 251 226 202 188 188 179 168 160 151 150 359
CWIP 1 0 0 1 4 0 0 0 3 22 195 0
Investments 1 1 1 1 1 1 0 5 5 5 190 175
134 106 124 145 124 128 129 161 173 500 317 401
Total Assets 386 358 351 348 316 317 308 335 340 677 852 936

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-3 14 23 34 29 39 48 49 83 44 10 24
18 -4 -2 28 7 -7 -1 -11 -58 -320 -36 -119
-16 -10 -20 -63 -37 -27 -51 -21 -43 278 84 46
Net Cash Flow 0 -0 1 -0 -2 5 -4 17 -19 1 58 -48
Free Cash Flow -11 2 21 73 23 33 46 43 47 6 -109 0
CFO/OP -97% 94% 83% 173% 111% 130% 120% 77% 110% 80% 43% 92%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 57 49 64 59 59 54 65 51 36 43 53 50
Inventory Days 58 57 53 64 53 59 57 51 49 53 57 76
Days Payable 90 77 80 93 76 81 100 65 53 57 61 43
Cash Conversion Cycle 24 28 37 30 36 33 22 38 33 39 49 82
Working Capital Days -53 -71 -35 -16 -3 -14 2 21 12 28 39 65
ROCE % -2% -0% 4% 4% 8% 8% 13% 22% 25% 15% 9% 6%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Aggregate Production Volume (Yearly)
MT

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Total Workforce Size
Personnel
Biax Division (Dielectric Film) Installed Capacity
MTPA
Biax Division Capacity Utilization
%
Coex Division (Sheets) Installed Capacity
MTPA
Domestic Market Share - Dielectric Films
%
Future Capacity Expansion (UAE & Barjora)
MTPA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
51.37% 45.26% 45.26% 42.46% 42.46% 42.46% 42.24% 42.42% 42.42% 40.32% 40.32% 40.32%
0.08% 11.99% 12.04% 14.97% 15.04% 14.92% 14.31% 14.01% 13.76% 14.44% 14.63% 13.89%
0.77% 0.67% 0.52% 3.09% 3.10% 2.90% 2.99% 2.99% 3.01% 3.40% 3.13% 2.89%
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.03% 0.03% 0.03% 0.03% 0.03%
47.73% 42.05% 42.13% 39.45% 39.34% 39.69% 40.41% 40.52% 40.76% 41.80% 41.89% 42.88%
No. of Shareholders 28,92228,76929,17928,18627,79727,13728,25528,27628,58028,45528,18927,435

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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