Ardee Industries Ltd
₹ 61.9
0.65%
21 Aug
9:37 a.m.
About
Incorporated in 1993, Ardee Industries
Limited focusses on the sustainable
recovery and recycling of end-of-
life energy storage products and
non-ferrous scrap.[1]
Key Points
- Market Cap ₹ 1,950 Cr.
- Current Price ₹ 61.9
- High / Low ₹ 73.6 / 58.6
- Stock P/E 22.9
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 49.1 %
- ROE 80.9 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 72.4%
Cons
* 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
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Upcoming result date: 25 August 2026
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 412 | 463 | 743 | 1,168 | |
| 389 | 435 | 677 | 1,020 | |
| Operating Profit | 23 | 28 | 66 | 147 |
| OPM % | 6% | 6% | 9% | 13% |
| 0 | 0 | 1 | 1 | |
| Interest | 7 | 10 | 13 | 24 |
| Depreciation | 3 | 6 | 9 | 11 |
| Profit before tax | 13 | 12 | 45 | 113 |
| Tax % | 33% | 24% | 25% | 25% |
| 9 | 9 | 33 | 85 | |
| EPS in Rs | 269.07 | 281.00 | 1,044.58 | 3.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 115% |
| TTM: | 155% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 72% |
| Last Year: | 81% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 51 |
| Reserves | 17 | 26 | 59 | 96 |
| 81 | 142 | 166 | 184 | |
| 7 | 24 | 34 | 32 | |
| Total Liabilities | 108 | 196 | 262 | 363 |
| 39 | 45 | 67 | 72 | |
| CWIP | 1 | 10 | 5 | 2 |
| Investments | 0 | 0 | 0 | 0 |
| 67 | 141 | 190 | 290 | |
| Total Assets | 108 | 196 | 262 | 363 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -14 | -25 | 8 | 30 | |
| -25 | -27 | -23 | -20 | |
| 38 | 54 | 13 | 4 | |
| Net Cash Flow | -1 | 2 | -2 | 14 |
| Free Cash Flow | -36 | -46 | -17 | 18 |
| CFO/OP | -43% | -82% | 24% | 39% |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 19 | 31 | 29 | 8 |
| Inventory Days | 25 | 42 | 28 | 47 |
| Days Payable | 4 | 9 | 14 | 6 |
| Cash Conversion Cycle | 41 | 64 | 43 | 49 |
| Working Capital Days | -5 | -12 | 3 | 18 |
| ROCE % | 16% | 29% | 49% |
Business Profile:[1]
Ardee Industries Ltd. is engaged
in the environmentally responsible
recovery and recycling of end-of-
life lead-acid batteries and non-
ferrous metal scrap. The company
manufactures high purity refined
lead and customized lead alloys
used across energy storage,
automotive, e-mobility, cable,
chemical, telecom, and industrial
applications.