5
Sarup Industries Ltd
SARUPINDUSTRIESLTD NSE
Sarup Industries Ltd
Consumer DiscretionaryNSE: SARUPINDUSTRIESLTD BSE: 514412 Consumer Durables
Key Fundamentals
MicrocapJewellery & WatchesConsumer GoodsMarket Cap
₹36.50 Cr
Volatility
Moderate
P/E Ratio
64.1
EBITDA
₹1.49 Cr
Return on Equity
-159%
Debt to Equity
0
Book Value
₹-7.42
52W High
₹208
52W Low
₹82.12
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Sarup Industries Ltd insights
35 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Debtor days have improved from 227 to 163 days.
Weaknesses
3- Company has low interest coverage ratio.
- Promoters have pledged 28.9% of their holding.
- Company has high debtors of 163 days.
Growth Rate
Revenue Growth
-20.40% ↘
Net Income Growth
-88.12% ↘
Cash Flow Change
-115.19% ↘
ROE
-825.36% ↘
ROCE
1013.73% ↗
EBITDA Margin (Avg.)
-71.92% ↘
Quarterly Results
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.09 | 1.3 | 1.63 | 4.83 | 3.84 | 3.6 | 2.84 | 4.68 | 4.87 | 3.93 | 4.28 | 3.54 | 4.34 |
| Expenses | 1.52 | 1.58 | 1.83 | 4.15 | 2.93 | 2.96 | 2.26 | 4.19 | 4.27 | 3.41 | 3.77 | 3.11 | 4.3 |
| Operating Profit | -0.43 | -0.28 | -0.2 | 0.68 | 0.91 | 0.64 | 0.58 | 0.49 | 0.6 | 0.52 | 0.51 | 0.43 | 0.04 |
| OPM % | -39.45% | -21.54% | -12.27% | 14.08% | 23.7% | 17.78% | 20.42% | 10.47% | 12.32% | 13.23% | 11.92% | 12.15% | 0.92% |
| Other Income | 0.01 | 0 | 0 | 0 | 0.01 | 0 | 4.14 | 0 | 0.02 | 0 | 0 | 0 | 0.48 |
| Interest | 0.61 | 0.65 | 0.47 | 0.45 | 0.52 | 0.46 | 0.4 | 0.25 | 0.25 | 0.26 | 0.26 | 0.27 | 0.26 |
| Depreciation | 0.25 | 0.21 | 0.19 | 0.19 | 0.17 | 0.13 | 0.14 | 0.11 | 0.14 | 0.15 | 0.12 | 0.1 | 0.19 |
| PBT | -1.28 | -1.14 | -0.86 | 0.04 | 0.23 | 0.05 | 4.18 | 0.13 | 0.23 | 0.11 | 0.13 | 0.06 | 0.07 |
| Tax % | 0% | 0% | 0% | 0% | 52.17% | 0% | 0% | 0% | -86.96% | 0% | 0% | 0% | -285.71% |
| Net Profit | -1.28 | -1.13 | -0.86 | 0.04 | 0.11 | 0.05 | 4.19 | 0.13 | 0.43 | 0.12 | 0.13 | 0.05 | 0.27 |
| EPS in Rs | -3.94 | -3.47 | -2.64 | 0.12 | 0.34 | 0.15 | 12.88 | 0.4 | 1.32 | 0.37 | 0.4 | 0.15 | 0.83 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 69.52 | 49.12 | 49.66 | 43.9 | 19.66 | 20.66 | 9.94 | 12.13 | 9.14 | 11.57 | 15.97 | 16.08 |
| Expenses | 63.32 | 47.91 | 46.79 | 44.2 | 25.52 | 22.26 | 10.35 | 11.34 | 9.03 | 10.39 | 13.7 | 14.58 |
| Operating Profit | 6.2 | 1.21 | 2.87 | -0.3 | -5.86 | -1.6 | -0.41 | 0.79 | 0.11 | 1.18 | 2.27 | 1.5 |
| OPM % | 8.92% | 2.46% | 5.78% | -0.68% | -29.81% | -7.74% | -4.12% | 6.51% | 1.2% | 10.2% | 14.21% | 9.33% |
| Other Income | 0.25 | 0.14 | 1.46 | 1.34 | 0.42 | 0.11 | 0.07 | 0.13 | 0.56 | 0.04 | 4.19 | 0.48 |
| Interest | 2.09 | 2.13 | 2.06 | 2.43 | 2.61 | 2.84 | 2.96 | 2.16 | 2.26 | 2.06 | 1.36 | 1.05 |
| Depreciation | 1.82 | 1.75 | 1.73 | 1.9 | 1.61 | 1.26 | 1.03 | 0.87 | 0.82 | 0.74 | 0.51 | 0.56 |
| PBT | 2.54 | -2.53 | 0.54 | -3.29 | -9.66 | -5.59 | -4.33 | -2.11 | -2.41 | -1.58 | 4.59 | 0.37 |
| Tax % | 20.08% | -7.11% | 0% | -4.56% | -5.28% | -0.72% | 0.46% | 2.37% | 3.73% | 7.59% | -4.36% | -54.05% |
| Net Profit | 2.03 | -2.36 | 0.54 | -3.13 | -9.15 | -5.55 | -4.35 | -2.17 | -2.5 | -1.7 | 4.79 | 0.57 |
| EPS in Rs | 6.24 | -7.26 | 1.66 | -9.62 | -28.13 | -17.06 | -13.37 | -6.67 | -7.69 | -5.23 | 14.73 | 1.75 |
| Div. Payout % | 28.82% | 0% | 60.19% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| 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 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
| Reserves | 21.51 | 19.07 | 19.19 | 15.75 | 6.6 | 0.01 | -4.34 | -6.51 | -9 | -11.03 | -6.26 | -5.66 |
| Borrowings | 16.59 | 30.06 | 34.73 | 37.67 | 39.24 | 38.17 | 42.14 | 39.08 | 39.46 | 42.98 | 36.78 | 37.24 |
| Other Liabilities | 22.87 | 21.76 | 20.79 | 17.8 | 26.04 | 30.68 | 29.97 | 29.84 | 30.31 | 30.25 | 31.93 | 27.71 |
| Total Liabilities | 64.22 | 74.14 | 77.96 | 74.47 | 75.13 | 72.11 | 71.02 | 65.66 | 64.02 | 65.45 | 65.7 | 62.54 |
| Fixed Assets | 17.09 | 15.05 | 15.07 | 13.39 | 11.86 | 10.74 | 9.74 | 9.15 | 8.33 | 7.02 | 4.66 | 5.02 |
| CWIP | 0.35 | 10.41 | 13.09 | 13.09 | 15.71 | 16 | 16.03 | 16.03 | 16.03 | 0 | 0 | 0 |
| Investments | 0.43 | 0.43 | 0.71 | 0.71 | 0.4 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 |
| Other Assets | 46.35 | 48.25 | 49.09 | 47.28 | 47.16 | 45.08 | 44.96 | 40.19 | 39.37 | 58.14 | 60.75 | 57.23 |
| Total Assets | 64.22 | 74.14 | 77.96 | 74.47 | 75.13 | 72.11 | 71.02 | 65.66 | 64.02 | 65.45 | 65.7 | 62.54 |
Cash Flow
| 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 | 5.3 | -1.7 | 1.43 | 4.59 | 5.13 | -2.65 | -1.15 | 5.45 | 1.65 | 15.01 | -2.28 | 1.14 |
| Investing | -5.99 | -9.65 | -4.67 | -0.34 | -2.71 | -1.26 | -0.06 | -0.28 | 0 | -16.23 | 4.14 | -0.92 |
| Financing | 1.17 | 10.97 | 2.85 | -4.06 | -2.44 | -2.68 | 1.1 | -5.12 | -1.84 | 1.55 | -1.37 | -0.59 |
| Net Cash Flow | 0.47 | -0.39 | -0.38 | 0.19 | -0.02 | -6.59 | -0.11 | 0.04 | -0.19 | 0.33 | 0.49 | -0.37 |
| Free Cash Flow | -0.77 | -11.48 | -3 | 4.25 | 2.42 | -3.91 | -1.21 | 5.17 | 1.65 | -1.22 | 1.86 | 0.22 |
| CFO/OP | 93 | -108 | 60 | -1,530 | -88 | 166 | 280 | 690 | 1,500 | 1,272 | -100 | 76 |
Ratios
| 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 | 64.79 | 83.22 | 98.86 | 92.12 | 169 | 167 | 366 | 270 | 383 | 299 | 219 | 163 |
| Inventory Days | 273 | 361 | 403 | 526 | 867 | 842 | 1,694 | 1,209 | 1,745 | 2,839 | 2,295 | 2,311 |
| Days Payable | 83.26 | 131 | 153 | 136 | 314 | 397 | 792 | 670 | 1,097 | 1,014 | 870 | 722 |
| Cash Conversion Cycle | 254 | 313 | 349 | 481 | 722 | 612 | 1,268 | 808 | 1,031 | 2,124 | 1,643 | 1,752 |
| Working Capital Days | 74.82 | 99.35 | 232 | 133 | 146 | 34.45 | 307 | 123 | 111 | 688 | 638 | 646 |
| ROCE % | 11.31% | -0.85% | 4.73% | -1.95% | -13.33% | -6.08% | -3.32% | 0.13% | -0.43% | 1.39% | 5.25% | 4.14% |
Documents
4
Board Meeting Outcome for The Following Were Considered And Approved By The Board:
13 Feb - Board approved Q3 FY2026 unaudited results; CFO Gagandeep resigned, Rajwinder Kaur appointed CFO effective 13-Feb-2026. 13 Feb - Board approved Q3 FY2026 unaudited results; CFO Gagandeep resigned, Rajwinder Kaur appointed CFO effective 13-Feb-2026.
5
Un-Audited Financial Results For The Quarter Ended On December 31, 2025
13 Feb - Approved unaudited results for quarter ended 31.12.2025; CFO Gagandeep resigned, Rajwinder Kaur appointed w.e.f.13.02.2026. 13 Feb - Approved unaudited results for quarter ended 31.12.2025; CFO Gagandeep resigned, Rajwinder Kaur appointed w.e.f.13.02.2026.
Frequently Asked Questions about Sarup Industries Ltd
What does Sarup Industries Ltd do?
Incorporated in 1979, Sarup Industries Ltd is a manufacturer of footwear including sports shoes and finished leather products.[1]
Where is Sarup Industries Ltd (514412) listed?
Sarup Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: SARUPINDUSTRIESLTD and BSE: 514412. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Sarup Industries Ltd belong to?
Sarup Industries Ltd operates in the Consumer Discretionary sector within the Consumer Durables industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Sarup Industries Ltd?
Sarup Industries Ltd has a market capitalisation of approximately ₹36.50 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Sarup Industries Ltd?
The Price-to-Earnings (PE) ratio of Sarup Industries Ltd is 64.10. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Sarup Industries Ltd?
Over the past 52 weeks, Sarup Industries Ltd has traded between a low of ₹82.12 and a high of ₹208. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Sarup Industries Ltd?
Sarup Industries Ltd has a Return on Equity (ROE) of -159.00%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Sarup Industries Ltd on Tapetide?
On Tapetide, you can view Sarup Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1979, Sarup Industries Ltd is a manufacturer of footwear including sports shoes and finished leather products.[1]