Baroda Rayon Corporation
Close ·
- P/E
- 8.36
Key Fundamentals
MicrocapTextilesConsumer DiscretionaryPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- 3.55%
- Debt to Equity
- 0.45
- EPS (TTM)
- ₹14.66
- Book Value
- ₹172.19
- Market Cap
- —
- P/E (TTM)
- 8.36
- P/B
- 0.71
- ROE
- 5.08%
- Dividend Yield
- 0.00%
- EBITDA
- ₹20.90 Cr
- 52W High
- ₹136.00
- 52W Low
- ₹100.10
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 95/100
Category scores
- Quality
- 52
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 59
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 5
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 48
- Average
- Solvency, leverage, coverage 9% weight
- Momentum
- 62
- Good
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Stock is trading at 0.71 times its book value
- Debtor days have improved from 76.4 to 54.1 days.
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 5.02% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.16.2 Cr.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 10 | 7 | 2 |
| Oscillators | Neutral | 1 | 7 | 1 |
| Moving Averages | Strong Bearish | 9 | 0 | 1 |
Oscillators
Neutral
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 48.50
- Neutral
- MACD (12,26,9)
- 0.93
- Bullish
- SMA (50)
- 122.96
- Bearish
- SMA (200)
- 120.76
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | Zero base |
|---|---|
| 5Y | Zero base |
| 3Y | +2.25% |
| 1Y | −38.00% |
| TTM | −47.75% |
Net profit
| 10Y | Turned to profit |
|---|---|
| 5Y | Turned to profit |
| 3Y | −56.81% |
| 1Y | −45.00% |
| TTM | −17.50% |
Operating cash flow
| 10Y | Outflow narrowed by ₹2 Cr |
|---|---|
| 5Y | Outflow narrowed by ₹13 Cr |
| 3Y | Turned negative |
| 1Y | Turned negative |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | No sales |
|---|---|
| 5Y | No sales |
| 3Y | −379.69 pp |
| 1Y | +3.65 pp |
| TTM | +2.20 pp |
Revenue by year
| Mar 2017 | ₹0.00 Cr |
|---|---|
| Mar 2018 | ₹0.00 Cr |
| Mar 2019 | ₹0.00 Cr |
| Mar 2020 | ₹0.00 Cr |
| Mar 2021 | ₹0.00 Cr |
| Mar 2022 | ₹0.00 Cr |
| Mar 2023 | ₹58.00 Cr |
| Mar 2024 | ₹77.00 Cr |
| Mar 2025 | ₹100 Cr |
| Mar 2026 | ₹62.00 Cr |
Net profit by year
| Mar 2017 | ₹0.00 Cr |
|---|---|
| Mar 2018 | −₹40.00 Cr |
| Mar 2019 | −₹6.00 Cr |
| Mar 2020 | ₹18.00 Cr |
| Mar 2021 | −₹124 Cr |
| Mar 2022 | ₹375 Cr |
| Mar 2023 | ₹273 Cr |
| Mar 2024 | ₹34.00 Cr |
| Mar 2025 | ₹40.00 Cr |
| Mar 2026 | ₹22.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 54 | 6 | 9 | 7 | 10 | 17 | 15 | 57 | 22 | 13 | 13 | 14 | 18 |
| Expenses | 50 | 5 | 7 | 6 | 8 | 12 | 11 | 41 | 15 | 9 | 9 | 10 | 12 |
| Operating Profit | 5 | 1 | 2 | 1 | 2 | 5 | 4 | 16 | 7 | 5 | 4 | 3 | 6 |
| OPM % | 8% | 16% | 27% | 17% | 22% | 30% | 27% | 27% | 33% | 35% | 31% | 25% | 32% |
| Other Income | 4 | 10 | 9 | 4 | 4 | 1 | 0 | 10 | 0 | 2 | 1 | 0 | 13 |
| Interest | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | −1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 8 | 10 | 11 | 5 | 6 | 5 | 4 | 24 | 7 | 6 | 4 | 5 | 18 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 8 | 10 | 11 | 5 | 6 | 5 | 4 | 24 | 7 | 6 | 4 | 5 | 18 |
| EPS (₹) | 3.57 | 4.39 | 4.96 | 2.02 | 2.75 | 2.37 | 1.86 | 10.63 | 3.1 | 2.64 | 1.85 | 2.11 | 8.06 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58 | 77 | 100 | 62 | 57 |
| Expenses | 0 | 1 | 2 | 2 | 6 | 2 | 122 | −327 | −179 | 68 | 72 | 42 | 40 |
| Operating Profit | 0 | −1 | −2 | −2 | −6 | −2 | −122 | 327 | 238 | 9 | 27 | 19 | 18 |
| OPM % | — | — | — | — | — | — | — | — | 406% | 12% | 27% | 31% | 31% |
| Other Income | 0 | 0 | 3 | −37 | 0 | 21 | −1 | 53 | 42 | 28 | 14 | 3 | 16 |
| Interest | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 6 | 7 | 3 | 1 | 0 | 0 |
| Depreciation | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | −4 | −4 | 0 | −40 | −6 | 18 | −124 | 375 | 273 | 34 | 40 | 22 | 34 |
| Tax % | 0% | 0% | 0% | 0% | −1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
| Net Profit | −4 | −4 | 0 | −40 | −6 | 18 | −124 | 375 | 273 | 34 | 40 | 22 | 34 |
| EPS (₹) | −1.53 | −1.82 | −0.1 | −17.34 | −2.56 | 7.88 | −53.97 | 164 | 119 | 14.94 | 17.61 | 9.69 | 14.66 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | 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 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | −175 | −199 | −214 | −261 | −267 | −249 | −373 | 2 | 275 | 309 | 349 | 372 |
| Borrowings | 71 | 78 | 211 | 215 | 224 | 228 | 242 | 295 | 245 | 211 | 175 | 176 |
| Other Liabilities | 238 | 253 | 118 | 116 | 112 | 89 | 209 | 95 | 94 | 98 | 155 | 162 |
| Total Liabilities | 157 | 155 | 139 | 93 | 92 | 92 | 102 | 415 | 637 | 642 | 702 | 732 |
| Fixed Assets | 145 | 122 | 108 | 63 | 63 | 63 | 41 | 2 | 3 | 3 | 20 | 19 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 1 | 1 | 1 |
| Other Assets | 6 | 26 | 25 | 24 | 23 | 23 | 55 | 406 | 627 | 638 | 682 | 712 |
| Total Assets | 157 | 155 | 139 | 93 | 92 | 92 | 102 | 415 | 637 | 642 | 702 | 732 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 77 | −6 | −133 | −3 | −9 | −4 | −17 | −85 | 22 | −3 | 42 | −4 |
| Investing | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 40 | 25 | 8 | −14 | 2 |
| Financing | −77 | 6 | 133 | 3 | 9 | 4 | 13 | 46 | −40 | −12 | −29 | 2 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 7 | −6 | −1 | −1 |
| Free Cash Flow | 77 | −6 | −133 | −3 | −9 | −4 | −14 | −44 | 47 | 5 | 28 | −2 |
| CFO/EBITDA | −20,919 | 695 | 6,068 | 182 | 162 | 171 | 14 | −26 | 9 | −32 | 155 | −21 |
Ratios
| Particulars | 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 | — | — | — | — | — | — | — | — | 116 | 92 | 83 | 54 |
| Inventory Days | — | — | — | — | — | — | — | — | 10,699 | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | 60 | — | — | — |
| Cash Conversion Cycle | — | — | — | — | — | — | — | — | 10,755 | 92 | 83 | 54 |
| Working Capital Days | — | — | — | — | — | — | — | — | 2,834 | 2,389 | 1,773 | 2,933 |
| ROCE % | — | — | — | — | — | — | — | 308% | 55% | 2% | 5% | 4% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Baroda Rayon Corporation insights
53 extracted metrics across FY15–FY27.
Documents
- Q3 FY26 concall · Jan 2026Transcript PPT
- 1 Jun 2026
- 2 Sep 2025
- 28 Mar 2025
- 21 Mar 2025
- 25 Feb 2025
- General announcements 6 Oct 2026
- General announcements 5 Oct 2026
Frequently Asked Questions about Baroda Rayon Corporation
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Company Information
Incorporated in 1958, Baroda Rayon Corporation Ltd is currently engaged in Real Estate activities
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