Cranex
Cranex
Capital GoodsKey Fundamentals
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Key Insights
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.20% over past five years.
- Company has a low return on equity of 10.9% over last 3 years.
- Company has high debtors of 241 days.
- Working capital days have increased from 78.8 days to 115 days
Growth Rate
Quarterly Results
| 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 | 8.95 | 14.85 | 17.1 | 21.22 | 8.91 | 13.23 | 10.93 | 18.46 | 8.98 | 13.37 | 11.12 | 21.91 | 9.89 |
| Expenses | 8.73 | 13.79 | 16.68 | 20 | 8.15 | 12.25 | 10.23 | 16.76 | 8.28 | 12.31 | 10.25 | 19.99 | 9.2 |
| Operating Profit | 0.22 | 1.06 | 0.42 | 1.22 | 0.76 | 0.98 | 0.7 | 1.7 | 0.7 | 1.06 | 0.87 | 1.92 | 0.69 |
| OPM % | 2.46% | 7.14% | 2.46% | 5.75% | 8.53% | 7.41% | 6.4% | 9.21% | 7.8% | 7.93% | 7.82% | 8.76% | 6.98% |
| Other Income | 0.36 | 0.12 | 0.18 | 0.36 | 0.12 | 0.17 | 0.05 | 0.09 | 0.12 | 0.12 | 0.14 | 0.16 | 0.09 |
| Interest | 0.3 | 0.39 | 0.4 | 0.36 | 0.53 | 0.39 | 0.37 | 0.42 | 0.42 | 0.36 | 0.4 | 0.37 | 0.28 |
| Depreciation | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.11 | 0.09 | 0.08 | 0.07 | 0.07 | 0.07 |
| PBT | 0.2 | 0.71 | 0.12 | 1.14 | 0.27 | 0.68 | 0.31 | 1.26 | 0.31 | 0.74 | 0.54 | 1.64 | 0.43 |
| Tax % | 25% | 43.66% | 25% | 22.81% | 22.22% | -2.94% | 70.97% | 23.81% | 22.58% | 9.46% | 40.74% | 28.05% | 23.26% |
| Net Profit | 0.15 | 0.4 | 0.1 | 0.88 | 0.2 | 0.7 | 0.09 | 0.96 | 0.24 | 0.66 | 0.32 | 1.18 | 0.32 |
| EPS in Rs | 0.25 | 0.67 | 0.17 | 1.47 | 0.33 | 1.17 | 0.15 | 1.46 | 0.37 | 1 | 0.49 | 1.8 | 0.4 |
Profit & Loss
| 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 | 19.92 | 21.35 | 22.76 | 25.94 | 31.12 | 35.53 | 35.66 | 40.14 | 41.38 | 62.11 | 51.54 | 55.37 | 56.29 |
| Expenses | 19.17 | 20.14 | 21.79 | 25.07 | 29.63 | 33.95 | 33.8 | 37.98 | 39.12 | 59.19 | 47.4 | 50.83 | 51.75 |
| Operating Profit | 0.75 | 1.21 | 0.97 | 0.87 | 1.49 | 1.58 | 1.86 | 2.16 | 2.26 | 2.92 | 4.14 | 4.54 | 4.54 |
| OPM % | 3.77% | 5.67% | 4.26% | 3.35% | 4.79% | 4.45% | 5.22% | 5.38% | 5.46% | 4.7% | 8.03% | 8.2% | 8.07% |
| Other Income | 0.32 | 0.32 | 0.36 | 0.78 | 0.44 | 0.55 | 0.23 | 0.28 | 0.47 | 1.01 | 0.43 | 0.55 | 0.51 |
| Interest | 0.34 | 0.61 | 0.65 | 0.73 | 0.88 | 1.02 | 0.99 | 1.22 | 1.16 | 1.45 | 1.71 | 1.55 | 1.41 |
| Depreciation | 0.13 | 0.15 | 0.05 | 0.14 | 0.22 | 0.23 | 0.24 | 0.29 | 0.31 | 0.31 | 0.34 | 0.31 | 0.29 |
| PBT | 0.6 | 0.77 | 0.63 | 0.78 | 0.83 | 0.88 | 0.86 | 0.93 | 1.26 | 2.17 | 2.52 | 3.23 | 3.35 |
| Tax % | 30% | 25.97% | 20.63% | 23.08% | 20.48% | 18.18% | 13.95% | 16.13% | 50.79% | 29.95% | 22.62% | 25.39% | — |
| Net Profit | 0.42 | 0.57 | 0.5 | 0.61 | 0.66 | 0.72 | 0.74 | 0.78 | 0.62 | 1.52 | 1.95 | 2.41 | 2.48 |
| EPS in Rs | 0.7 | 0.95 | 0.83 | 1.02 | 1.1 | 1.2 | 1.23 | 1.3 | 1.03 | 2.53 | 2.97 | 3.67 | 3.69 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| 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 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6.57 | 6.57 |
| Reserves | -1.24 | -0.67 | -0.17 | 0.45 | 1.11 | 1.83 | 2.57 | 3.35 | 3.5 | 5.02 | 17.84 | 20.36 |
| Borrowings | 9.39 | 14.93 | 13.99 | 15.82 | 19.48 | 21.24 | 19.89 | 22.78 | 24.1 | 27.07 | 19.92 | 20.98 |
| Other Liabilities | 14.29 | 16.14 | 16.02 | 13.34 | 13.2 | 14.23 | 20.96 | 12.06 | 18.89 | 17.37 | 12.38 | 11.61 |
| Total Liabilities | 28.44 | 36.4 | 35.84 | 35.61 | 39.79 | 43.3 | 49.42 | 44.19 | 52.49 | 55.46 | 56.71 | 59.52 |
| Fixed Assets | 1.27 | 2.46 | 2.67 | 2.92 | 4.1 | 4.49 | 5.46 | 6.05 | 5.79 | 6 | 5.69 | 6.08 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1.82 | 1.82 | 1.82 | 1.82 | 1.82 | 2.14 | 2.14 | 2.14 | 2.14 |
| Other Assets | 27.17 | 33.94 | 33.17 | 30.87 | 33.87 | 36.99 | 42.14 | 36.32 | 44.56 | 47.32 | 48.88 | 51.3 |
| Total Assets | 28.44 | 36.4 | 35.84 | 35.61 | 39.79 | 43.3 | 49.42 | 44.19 | 52.49 | 55.46 | 56.71 | 59.52 |
Cash Flow
| 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 | -1.06 | -3.79 | 1.42 | 0.43 | -1.64 | -1 | 2.84 | -0.94 | 0.69 | -1.12 | -1.78 | -1.23 |
| Investing | -0.2 | -1.34 | 0.09 | -1.87 | -1.05 | -0.21 | -0.99 | -0.62 | -0.99 | -0.42 | -0.82 | 1.85 |
| Financing | -0.04 | 5.16 | -1.41 | 1.32 | 2.66 | 1.19 | -1.83 | 1.66 | 0.16 | 1.52 | 2.59 | -0.49 |
| Net Cash Flow | -1.29 | 0.03 | 0.09 | -0.12 | -0.03 | -0.01 | 0.01 | 0.1 | -0.13 | -0.02 | -0.01 | 0.13 |
| Free Cash Flow | -1.26 | -5.13 | 1.16 | 0.05 | -3.04 | -1.62 | 1.63 | -1.81 | -0.69 | -1.65 | -1.8 | -1.81 |
| CFO/OP | -117 | -297 | 160 | 69 | -99 | -53 | 159 | -37 | 42 | -19 | -35 | -11 |
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 | 296 | 331 | 329 | 208 | 195 | 210 | 204 | 144 | 186 | 159 | 228 | 241 |
| Inventory Days | 181 | 187 | 129 | 155 | 136 | 136 | 236 | 181 | 229 | 95.23 | 102 | 64.5 |
| Days Payable | 296 | 280 | 243 | 131 | 174 | 190 | 301 | 149 | 196 | 110 | 98.81 | 74.21 |
| Cash Conversion Cycle | 180 | 238 | 214 | 232 | 157 | 156 | 138 | 176 | 218 | 144 | 231 | 231 |
| Working Capital Days | 159 | 114 | 250 | 204 | 165 | 188 | 182 | 170 | 32.02 | 27.39 | 94.26 | 115 |
| ROCE % | 6.79% | 8.02% | 6.39% | 7.18% | 7% | 6.83% | 6.4% | 7.1% | 7.36% | 10.1% | 10.22% | 10.36% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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62 extracted metrics + investor summaries across FY10–FY26.
Documents
Frequently Asked Questions about Cranex
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Company Information
Incorporated in 1973, Cranex Ltd is in the business of manufacturing and selling cranes and its parts.[1]
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