---
title: "Positron Energy Ltd (POSITRON) — Share Price, Financials & Analysis"
symbol: "POSITRON"
company: "Positron Energy Ltd"
canonical: "https://tapetide.com/stocks/POSITRON"
isin: "INE0S3H01017"
nse_symbol: "POSITRON"
sector: "Commercial Services"
industry: "Diversified Services"
market_cap_cr: 143.65
generated_at: "2026-09-13T18:36:14.851Z"
---

# Positron Energy Ltd (POSITRON)

Canonical page: https://tapetide.com/stocks/POSITRON

## Company

- **NSE Symbol:** POSITRON
- **ISIN:** INE0S3H01017
- **Sector:** Commercial Services
- **Industry:** Diversified Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2024-08-20
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** positron-india.com

## About

Incorporated in 2008, Positron Energy Ltd provides gas distribution solutions and management & technical advisory services[1]

## Latest Price

- **Price:** ₹178.5
- **Change:** -9.9 (-5.25%)
- **Open:** ₹188.2
- **Day High:** ₹189
- **Day Low:** ₹175.05
- **Previous Close:** ₹188.4
- **Volume:** 14700
- **As Of:** 2026-09-11T09:59:25+00:00

## Key Fundamentals

Observed at 2026-09-11T04:42:18.295669Z.

- **Market Cap:** ₹143.65 Cr
- **Classification:** SME
- **P/E (reported):** 7.1
- **Book Value:** ₹129.82
- **Price to Book:** 1.45
- **Dividend Yield:** 0%
- **ROE:** 59.01%
- **ROCE:** 55.96%
- **Debt to Equity:** 0.05
- **Revenue (yearly):** ₹135.4 Cr
- **Net Income:** ₹8.8 Cr
- **EBITDA:** ₹12.7 Cr
- **52-Week High:** ₹395
- **52-Week Low:** ₹105.9
- **RSI (14):** 66.62

## Tapetide Score

- **Score:** 75 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 99.9 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 79.32 | 9% |
| growth | 69.2 | 9% |
| momentum | 73.38 | 12% |
| ownership | 81.21 | 24% |
| quality | 86.12 | 22% |
| valuation | 66.08 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.9%
- Debtor days have improved from 31.9 to 21.6 days.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 541.41% | — | -88.94% |
| ebitda margin growth | 36.03% | -27.8% | — |
| net income growth | 319.05% | 110% | — |
| revenue growth | 160.38% | 105% | — |
| roce | 120.23% | 318.24% | — |
| roe | 57.19% | 37.64% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 50 | 85 | 70 | 267 | 157 | 285 |
| Expenses | 47 | 76 | 63 | 253 | 154 | 266 |
| Operating Profit | 3 | 9 | 7 | 14 | 3 | 19 |
| OPM % | 6 | 11 | 9 | 5 | 2.1 | 7 |
| Other Income | 0 | 1 | 0 | 2 | 4 | 2 |
| Interest | 0 | 0 | 0 | 1 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 9 | 6 | 16 | 7 | 20 |
| Tax % | 29 | 25 | 25 | 17 | 28 | 25 |
| Net Profit | 2 | 7 | 5 | 13 | 5 | 15 |
| EPS in Rs | 55.62 | 12.32 | 6.25 | 17.16 | 6.58 | 19.79 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 9 | 51 | 135 | 337 | 442 |
| Expenses | 8 | 48 | 123 | 316 | 420 |
| Operating Profit | 1 | 3 | 12 | 21 | 22 |
| OPM % | 10 | 6 | 9 | 6 | 5 |
| Other Income | 0 | 1 | 1 | 3 | 6 |
| Interest | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 3 | 12 | 22 | 27 |
| Tax % | 25 | 25 | 26 | 19 | 26 |
| Net Profit | 1 | 2 | 9 | 18 | 20 |
| EPS in Rs | 17 | 61.38 | 15.78 | 23.39 | 26.37 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.35 | 0.35 | 6 | 8 | 8 |
| Reserves | 4 | 6 | 9 | 71 | 91 |
| Borrowings | 4 | 7 | 10 | 7 | 5 |
| Other Liabilities | 2 | 12 | 16 | 29 | 24 |
| Total Liabilities | 10 | 25 | 41 | 115 | 128 |
| Fixed Assets | 2 | 2 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8 | 23 | 39 | 113 | 126 |
| Total Assets | 10 | 25 | 41 | 115 | 128 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1 | 5 | 7 | 7 | 20 |
| Cash from Investing Activity | -1 | -1 | 1 | -1 | -2 |
| Cash from Financing Activity | 0 | -1 | 2 | 42 | -3 |
| Net Cash Flow | 1 | 4 | 10 | 48 | 15 |
| Free Cash Flow | 0 | 5 | 7 | 4 | 14 |
| CFO/OP | 167 | 189 | 81 | 54 | 123 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 87 | 70 | 40 | 35 | 22 |
| Inventory Days | 91 | 33 | 9 | 6 | 5 |
| Days Payable | 25 | 64 | 16 | 29 | 7 |
| Cash Conversion Cycle | 153 | 39 | 32 | 12 | 20 |
| Working Capital Days | -35 | -25 | -11 | 9 | 6 |
| ROCE % | — | 31 | 64 | 42 | 30 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 98.56% | 72% | 72.04% | 72.04% | 72.2% |
| FIIs | 0% | 5.11% | 3.43% | 3.43% | 0.92% |
| DIIs | 0% | 0.04% | 0.03% | 0.03% | 2.4% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 18% | 20.01% | 20.01% | 20.9% |
| Others | 1.44% | 4.85% | 4.49% | 4.49% | 3.58% |
| No. of Shareholders | 7 | 1433 | 1765 | 1765 | 1854 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 6 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 176.12 | Buy |
| EMA (10) | 177.39 | Buy |
| SMA (20) | 171.41 | Buy |
| EMA (20) | 174.48 | Buy |
| SMA (50) | 173.57 | Buy |
| EMA (50) | 174.78 | Buy |
| SMA (100) | 183.32 | Sell |
| EMA (100) | 179.39 | Sell |
| SMA (200) | 182.36 | Sell |
| EMA (200) | 198.57 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.5 | Neutral |
| MACD (12,26,9) | 2.51 | Buy |
| Stochastic (14,3,3) | 78.1 | Neutral |
| ADX (14) | 25.5 | Buy |
| Williams %R (14) | -35.12 | Neutral |
| ATR (14) | 7.73 | High Volatility |
| ROC (12) | 6.41 | Buy |
| Stoch RSI (14) | 50.81 | Neutral |
| UO (7,14,28) | 59.02 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 April 2026 - Regulation 74(5) certificate filed for quarter ended 31 March 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Regulation 74(5) certificate filed for quarter ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/POSITRON_08042026170053_Regulation-74_5.pdf) |
| 7 May 2026 - Sujit K Sugathan has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, … | [Disclosure under SEBI Takeover Regulations 7 May 2026 - Sujit K Sugathan has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …](https://nsearchives.nseindia.com/corporate/team_bbodade_16042026161205_POSITRON.pdf) |
| 7 May 2026 - Positron Energy Limited has informed about Resignation of Director/KMP/SMP | [Resignation of Director/KMP/SMP 7 May 2026 - Positron Energy Limited has informed about Resignation of Director/KMP/SMP](https://nsearchives.nseindia.com/corporate/POSITRON_ROID_84732_KMP_Doc.zip) |
| 7 May 2026 - Board approved FY26 audited results, unmodified opinion, and appointed new company secretary from 8 May 2026. | [Outcome of Board Meeting 7 May 2026 - Board approved FY26 audited results, unmodified opinion, and appointed new company secretary from 8 May 2026.](https://nsearchives.nseindia.com/corporate/POSITRON_07052026171402_Outcome_of_BM_070526_Sign.pdf) |
| 7 May 2026 - Board approved FY26 audited results, unmodified opinion, and appointed a new company secretary effective 8 May 2026. | [Outcome of Board Meeting 7 May 2026 - Board approved FY26 audited results, unmodified opinion, and appointed a new company secretary effective 8 May 2026.](https://nsearchives.nseindia.com/corporate/POSITRON_07052026171903_Outcome_of_BM_070526_Sign.pdf) |
| 7 Jul - Regulation 74(5) certificate filed for quarter ended 30 June 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 Jul - Regulation 74(5) certificate filed for quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/POSITRON_07072026143313_Letter_Regu_74_5__.pdf) |
| 7 Jul - Positron Energy says Regulation 27(2) corporate governance report is not applicable for quarter ended 30 June 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 7 Jul - Positron Energy says Regulation 27(2) corporate governance report is not applicable for quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/POSITRON_07072026144553_Letter_Non_appli_CG_Report_300626.pdf) |
| 7 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 7 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=POSITRON&tabIndex=sme) |
| 6 January 2026 - Positron Energy: Reg 27(2) not applicable; governance report not required for quarter ended Dec 31, 2025 | [General Updates 6 January 2026 - Positron Energy: Reg 27(2) not applicable; governance report not required for quarter ended Dec 31, 2025](https://nsearchives.nseindia.com/corporate/POSITRON_06012026182438_Letter_Non-appli_CG_Report_1.pdf) |
| 6 January 2026 - MUFG Intime confirms dematerialisation certificate for quarter ended 31 December 2025 for Positron Energy. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 January 2026 - MUFG Intime confirms dematerialisation certificate for quarter ended 31 December 2025 for Positron Energy.](https://nsearchives.nseindia.com/corporate/POSITRON_06012026181910_Regulation-74_5_-PEL_RTA_31Dec25.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30920_POSITRON_2025_2026_A_19089039_31082026184325.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28213_POSITRON_2024_2025_A_12536146_02092025194355.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/POSITRON_20112025223248_POSITRON_TRANSCRIPT_14112025.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/POSITRON_27112024155833_Final_investor_presentation.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/POSITRON_10062025152432_Positron_Energy_Limited_Transcript_05062025.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://nsearchives.nseindia.com/corporate/POSITRON_26022025155315_Transcript_of_General_Investor_Meet.pdf) |
| Apr 2025 | [Concall - Apr 2025](https://nsearchives.nseindia.com/corporate/POSITRON_14042025181558_Transcript_09042025.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:36:14.851Z.