---
title: "Mardia Extrusions Ltd (530113) — Share Price, Financials & Analysis"
symbol: "530113"
company: "Mardia Extrusions Ltd"
canonical: "https://tapetide.com/stocks/530113"
isin: "INE276E01010"
bse_code: "530113"
generated_at: "2026-10-13T10:59:45.904Z"
---

# Mardia Extrusions Ltd (530113)

Canonical page: https://tapetide.com/stocks/530113

## Company

- **BSE Code:** 530113
- **ISIN:** INE276E01010
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -1.43% over last 3 years.
- Company has high debtors of 196 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -980% | -3% | — |
| revenue growth | 181% | 89% | 45% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 33207 | 32789 | 32986 | 34698 | 32756 | 34738 | 33889 | 36835 | 36442 | 35311 | 35537 | 35173 |
| Expenses | 32651 | 30128 | 29405 | 30490 | 28908 | 29948 | 29952 | 33665 | 32907 | 31642 | 32077 | 32246 |
| Operating Profit | 556 | 2660 | 3580 | 4208 | 3849 | 4790 | 3937 | 3169 | 3535 | 3669 | 3460 | 2927 |
| OPM % | 2 | 8 | 11 | 12 | 12 | 14 | 12 | 9 | 10 | 10 | 10 | 8 |
| Other Income | 871 | 529 | 595 | 915 | 651 | 685 | 643 | 3211 | 672 | 566 | 516 | 683 |
| Interest | 107 | 185 | 200 | 176 | 159 | 209 | 188 | 169 | 182 | 213 | 234 | 254 |
| Depreciation | 631 | 722 | 837 | 872 | 1241 | 1152 | 922 | 939 | 786 | 993 | 1177 | 1192 |
| Profit before tax | 689 | 2283 | 3138 | 4075 | 3099 | 4114 | 3470 | 5272 | 3240 | 3029 | 2565 | 2165 |
| Tax % | 7 | 21 | 22 | 22 | 20 | 23 | 22 | 23 | 23 | 21 | 22 | 20 |
| Net Profit | 643 | 1793 | 2442 | 3193 | 2474 | 3183 | 2690 | 4084 | 2506 | 2382 | 1989 | 1729 |
| EPS in Rs | 0.96 | 2.73 | 3.72 | 4.86 | 3.75 | 4.84 | 4.1 | 6.21 | 3.79 | 3.6 | 3 | 2.67 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.42 | 0.72 | 1.35 | 0.18 | 3.22 | 9.05 |
| Expenses | 0.82 | 1.02 | 2.05 | 14.05 | 3.41 | 9.43 |
| Operating Profit | 0.6 | -0.3 | -0.7 | -13.87 | -0.19 | -0.38 |
| OPM % | 42.25 | -41.67 | -51.85 | -7705.56 | -5.9 | -4.2 |
| Other Income | 0.08 | 0 | -4.42 | 27.35 | 0.28 | 0 |
| Interest | 0 | 0 | 1.01 | 0 | 0 | 0.01 |
| Depreciation | 0.08 | 0.07 | 0.06 | 0.05 | 0.05 | 0.05 |
| Profit before tax | 0.6 | -0.37 | -6.19 | 13.43 | 0.04 | -0.44 |
| Tax % | 0 | 0 | -22.13 | 0 | -25 | 0 |
| Net Profit | 0.6 | -0.37 | -4.82 | 13.43 | 0.05 | -0.44 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7.6 | 7.6 | 7.6 | 7.6 | 7.6 | 7.6 |
| Reserves | -8.74 | -9.16 | -6.32 | 6.75 | 6.05 | 4.97 |
| Borrowings | 10.11 | 10.16 | 14.2 | 0.06 | 0.06 | 0.06 |
| Other Liabilities | 0.44 | 0.45 | 2.33 | 1.9 | 1.81 | 3.56 |
| Total Liabilities | 9.41 | 9.05 | 17.81 | 16.31 | 15.52 | 16.19 |
| Fixed Assets | 1.4 | 1.28 | 8.88 | 8.47 | 7.72 | 7.06 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.04 | 0.04 | 0.04 | 0.02 | 0.01 | 0 |
| Other Assets | 7.97 | 7.73 | 8.89 | 7.82 | 7.79 | 9.13 |
| Total Assets | 9.41 | 9.05 | 17.81 | 16.31 | 15.52 | 16.19 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | -0.05 | 0.38 | 0.36 | -0.29 | 0.04 |
| Cash from Investing Activity | — | 0 | 0 | 0.29 | 0.25 | -0.03 |
| Cash from Financing Activity | — | 0.05 | -0.38 | -0.6 | 0 | 0 |
| Net Cash Flow | — | 0 | 0 | 0.05 | -0.04 | 0.01 |
| Free Cash Flow | — | -0.05 | 0.38 | 0.36 | -0.33 | 0 |
| CFO/OP | — | 17 | -54 | -3 | 153 | -11 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 804.54 | 1835.14 | 892.22 | 7158.06 | 386.54 | 195.61 |
| Inventory Days | 14.04 | 10.14 | 5.41 | 38.42 | 2.29 | 0.8 |
| Days Payable | 49.13 | 35.49 | 151.41 | 0 | 5.72 | 78.39 |
| Cash Conversion Cycle | 769.45 | 1809.79 | 746.22 | 7196.48 | 383.1 | 118.03 |
| Working Capital Days | 1932.96 | 3685.49 | 1330.22 | 8597.78 | 490.82 | 157.7 |
| ROCE % | — | -4.21 | -6.31 | -0.74 | 0.28 | -3.26 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 54.97% | 53.96% | 52.64% | 52.06% | 51.82% | 51.8% | 51.91% | 51.9% | 51.88% | 51.88% |
| FIIs | 15.26% | 17.41% | 20.86% | 16.3% | 15.63% | 19.62% | 16.4% | 14.17% | 14.79% | 14.07% |
| DIIs | 17.1% | 16.24% | 14.65% | 18.31% | 19.32% | 15.9% | 17.93% | 19.56% | 19.02% | 19.76% |
| Government | 7.38% | 7.43% | 8.13% | 8.31% | 8.47% | 7.93% | 7.93% | 7.63% | 7.61% | 7.61% |
| Public | 5.29% | 4.97% | 3.72% | 5.02% | 4.76% | 4.75% | 5.83% | 6.75% | 6.68% | 6.69% |
| No. of Shareholders | 173874 | 185671 | 178529 | 345342 | 523217 | 726712 | 925222 | 1227209 | 1671482 | 1588210 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.91% | 51.91% | 51.91% | 51.9% | 51.9% | 51.92% | 51.92% | 51.9% | 51.88% | 51.88% | 51.88% | 51.88% |
| FIIs | 16.4% | 16.09% | 14.76% | 14.24% | 14.17% | 15.2% | 16.79% | 16.05% | 14.79% | 14.91% | 13.72% | 14.07% |
| DIIs | 17.93% | 18.06% | 19.14% | 19.37% | 19.56% | 18.13% | 16.92% | 17.59% | 19.02% | 18.93% | 19.88% | 19.76% |
| Government | 7.93% | 7.93% | 7.91% | 7.92% | 7.63% | 7.63% | 7.62% | 7.61% | 7.61% | 7.61% | 7.61% | 7.61% |
| Public | 5.83% | 6.01% | 6.3% | 6.58% | 6.75% | 7.14% | 6.76% | 6.84% | 6.68% | 6.66% | 6.92% | 6.69% |
| No. of Shareholders | 925222 | 907339 | 945498 | 1011145 | 1227209 | 1517622 | 1550416 | 1602028 | 1671482 | 1638227 | 1632187 | 1588210 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 6 / 1

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 126.69 | Buy |
| EMA (10) | 127.61 | Buy |
| SMA (20) | 128.24 | Buy |
| EMA (20) | 127.57 | Buy |
| SMA (50) | 127.66 | Buy |
| EMA (50) | 127.24 | Buy |
| SMA (100) | 126.28 | Buy |
| EMA (100) | 125.69 | Buy |
| SMA (200) | 120.51 | Buy |
| EMA (200) | 124.56 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.61 | Neutral |
| MACD (12,26,9) | 0.02 | Buy |
| Stochastic (14,3,3) | 60.82 | Neutral |
| ADX (14) | 21.77 | Neutral |
| Williams %R (14) | -22.69 | Neutral |
| ATR (14) | 7.49 | High Volatility |
| ROC (12) | 3.73 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 44.72 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-10 | [Appointment Of Government Nominee Director](https://www.bseindia.com/xml-data/corpfiling/AttachLive/272963c1-fdea-477c-b920-dbfcd4415869.pdf) |
| 2026-03-09 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0906a543-412e-4e8d-82b9-75549774ef65.pdf) |
| 2026-03-05 | [Rumour verification - Regulation 30(11)](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b99be376-1303-4911-a318-fd8d1e4f4554.pdf) |
| 2026-03-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b61e2753-5907-402d-87e3-af6f71921e98.pdf) |
| 2026-03-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d565944-c9b5-4772-95c8-d4f2aa6f4e2a.pdf) |
| 2026-02-27 | [SETTING-UP OF A GREENFIELD 178.2 MW WIND PROJECT IN MAHARASHTRA](https://www.bseindia.com/xml-data/corpfiling/AttachHis/987d6161-af5f-4e4b-8523-742a59ceb766.pdf) |
| 2026-02-27 | [Appointment of Company Secretary and Compliance Officer](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5d751878-cb71-4c3a-94ee-598fc2d59fb0.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/26378ce8-913a-4983-bf10-ddc96eb92316.pdf) |
| 2026-02-05 | [Disclosure Of Event Or Information Under Regulation 30 Of SEBI LODR Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3d72d10-8b2c-4c33-b020-e52be91f2b1a.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/xml-data/corpfiling/AttachHis/db79e9e5-b22c-4301-ad68-82e2e38a3bf2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e59a978-52ed-4d18-ab76-c42d748c90de.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3d9f45c-7451-469c-a953-87d895e6fcb2.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18f9ed26-4838-4cf6-b1d5-bac8483dbd38.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/532155/74034532155.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/532155/69529532155.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/532155/65117532155.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/532155/5321550319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/532155/5321550318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532155/5321550317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532155/5321550316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | Concall - Feb 2026 |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cdcfaf1-346e-4b0c-9ca3-a89fca2da1af.pdf) |
| Oct 2025 | Concall - Oct 2025 |
| Jul 2025 | Concall - Jul 2025 |
| May 2025 | Concall - May 2025 |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8dd9b72e-7445-48a0-b2c8-f657b2b54b8f.pdf) |
| Jan 2025 | Concall - Jan 2025 |
| Nov 2024 | Concall - Nov 2024 |
| Aug 2024 | Concall - Aug 2024 |
| May 2024 | Concall - May 2024 |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-12-05 | Credit rating update — ICRA |
| 2025-07-04 | Credit rating update — CARE Ratings |
| 2025-06-27 | Credit rating update — ICRA |
| 2025-01-22 | Credit rating update — India Ratings |
| 2024-07-05 | Credit rating update — CARE Ratings |
| 2024-06-28 | Credit rating update — ICRA |

---

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 2026-10-13T10:59:45.904Z.