XPRO India Ltd
XPRO India Ltd incorporated in 1997, is a diversified multi-divisional company in the polymer processing industry.[1]
- Market Cap ₹ 2,689 Cr.
- Current Price ₹ 1,146
- High / Low ₹ 1,332 / 785
- Stock P/E 140
- Book Value ₹ 324
- Dividend Yield 0.18 %
- ROCE 3.78 %
- ROE 2.81 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.54 times its book value
- The company has delivered a poor sales growth of 6.41% over past five years.
- Company has a low return on equity of 6.17% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.18.2 Cr.
- Promoter holding has decreased over last 3 years: -11.1%
* 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
Quarterly 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 259 | 275 | 318 | 307 | 345 | 354 | 370 | 469 | 509 | 463 | 533 | 505 | |
| 256 | 262 | 292 | 286 | 318 | 324 | 330 | 405 | 434 | 397 | 482 | 474 | |
| Operating Profit | 3 | 14 | 26 | 21 | 27 | 30 | 40 | 64 | 74 | 66 | 51 | 32 |
| OPM % | 1% | 5% | 8% | 7% | 8% | 8% | 11% | 14% | 15% | 14% | 10% | 6% |
| 5 | 2 | 4 | 27 | 8 | 1 | 2 | 2 | 4 | 10 | 18 | 18 | |
| Interest | 13 | 22 | 25 | 21 | 20 | 19 | 17 | 13 | 8 | 5 | 6 | 8 |
| Depreciation | 14 | 18 | 17 | 16 | 13 | 12 | 12 | 12 | 12 | 11 | 11 | 12 |
| Profit before tax | -19 | -25 | -12 | 11 | 2 | 0 | 13 | 41 | 59 | 60 | 52 | 30 |
| Tax % | -26% | 41% | 1% | 0% | 2% | 2% | 38% | -11% | 23% | 27% | 27% | 36% |
| -14 | -35 | -12 | 10 | 2 | 0 | 8 | 45 | 45 | 44 | 38 | 20 | |
| EPS in Rs | -7.93 | -20.07 | -7.03 | 5.93 | 1.31 | 0.23 | 4.72 | 25.38 | 24.91 | 19.91 | 17.04 | 8.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 8% | 10% | 12% | 24% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 6% |
| 3 Years: | 0% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 18% |
| 3 Years: | -25% |
| TTM: | -50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 45% |
| 5 Years: | 63% |
| 3 Years: | 15% |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 10% |
| 3 Years: | 6% |
| Last Year: | 3% |
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 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 18 | 22 | 22 | 23 |
| Reserves | 105 | 70 | 57 | 68 | 70 | 70 | 78 | 160 | 215 | 538 | 588 | 736 |
| 178 | 181 | 215 | 190 | 172 | 168 | 135 | 90 | 39 | 39 | 269 | 325 | |
| 92 | 96 | 70 | 80 | 64 | 66 | 83 | 73 | 68 | 78 | 113 | 134 | |
| Total Liabilities | 386 | 359 | 354 | 349 | 317 | 316 | 308 | 335 | 340 | 677 | 993 | 1,218 |
| 250 | 251 | 226 | 202 | 188 | 188 | 179 | 168 | 160 | 151 | 179 | 651 | |
| CWIP | 1 | 0 | 0 | 1 | 4 | 0 | 0 | 0 | 3 | 22 | 345 | 39 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 5 | 0 | 0 |
| 135 | 107 | 128 | 147 | 125 | 128 | 129 | 161 | 173 | 500 | 468 | 529 | |
| Total Assets | 386 | 359 | 354 | 349 | 317 | 316 | 308 | 335 | 340 | 677 | 993 | 1,218 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3 | 14 | 24 | 34 | 29 | 38 | 48 | 49 | 83 | 44 | 13 | 20 | |
| 18 | -4 | -2 | 28 | 7 | -6 | -2 | -10 | -58 | -320 | -113 | -161 | |
| -16 | -10 | -20 | -63 | -38 | -27 | -51 | -21 | -43 | 278 | 203 | 151 | |
| Net Cash Flow | 0 | -0 | 1 | -0 | -2 | 5 | -5 | 17 | -19 | 1 | 102 | 10 |
| Free Cash Flow | -3 | 14 | 21 | 73 | 23 | 32 | 46 | 43 | 47 | 6 | -274 | -120 |
| CFO/OP | -99% | 96% | 83% | 172% | 112% | 131% | 120% | 77% | 110% | 80% | 52% | 99% |
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 | 57 | 49 | 66 | 59 | 60 | 54 | 65 | 52 | 37 | 43 | 53 | 50 |
| Inventory Days | 58 | 57 | 52 | 63 | 52 | 59 | 57 | 51 | 49 | 53 | 57 | 76 |
| Days Payable | 91 | 78 | 82 | 93 | 77 | 81 | 100 | 65 | 53 | 57 | 68 | 46 |
| Cash Conversion Cycle | 24 | 28 | 36 | 30 | 36 | 33 | 22 | 38 | 33 | 39 | 42 | 80 |
| Working Capital Days | -53 | -71 | -34 | -16 | -3 | -14 | 2 | 21 | 12 | 28 | 30 | 46 |
| ROCE % | -2% | -0% | 5% | 4% | 8% | 8% | 13% | 22% | 25% | 15% | 8% | 4% |
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 ・Standalone data |
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| Total Workforce Size Personnel ・Standalone data |
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| Biax Division (Dielectric Film) Installed Capacity MTPA ・Standalone data |
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| Biax Division Capacity Utilization % ・Standalone data |
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| Coex Division (Sheets) Installed Capacity MTPA ・Standalone data |
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| Domestic Market Share - Dielectric Films % ・Standalone data |
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| Future Capacity Expansion (UAE & Barjora) MTPA |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
27 May - FY26 earnings call transcript; Barjora line commercial since Mar 27, 2026; Girish Behal named MD from Jan 1, 2027.
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Announcement Under Regulation 30 Of SEBI(LODR) Regulations, 2015-Minutes Of Postal Ballot
27 May - Xpro India filed minutes of postal ballot resolution; result declared May 2, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 May - Audio recording of FY26 earnings conference call uploaded on May 22, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
22 May - Newspaper Notice w.r.t. Audited Financial Statement for the quarter and year ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
21 May - Revised Q4 FY26 results; Barjora dielectric film line commissioned, doubling India capacity to 8,000 MT annually.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Concalls
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May 2026TranscriptPPTREC
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Jun 2025Transcript PPT
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Jun 2024Transcript PPT
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Jun 2023Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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.