---
title: "EPW India Ltd (EPWINDIA) — Share Price, Financials & Analysis"
symbol: "EPWINDIA"
company: "EPW India Ltd"
canonical: "https://tapetide.com/stocks/EPWINDIA"
isin: "INE1KEC01023"
nse_symbol: "EPWINDIA"
sector: "Information Technology"
industry: "IT - Hardware"
market_cap_cr: 298.47
generated_at: "2026-09-13T21:37:28.542Z"
---

# EPW India Ltd (EPWINDIA)

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

## Company

- **NSE Symbol:** EPWINDIA
- **ISIN:** INE1KEC01023
- **Sector:** Information Technology
- **Industry:** IT - Hardware
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2025-12-30
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** epwindia.com

## About

EPW India is an IT electronics refurbishing company providing affordable refurbished laptops, desktops, Chromebooks, monitors, and accessories.[1]

## Latest Price

- **Price:** ₹255
- **Change:** -0.05 (-0.02%)
- **Open:** ₹260
- **Day High:** ₹260
- **Day Low:** ₹255
- **Previous Close:** ₹255.05
- **Volume:** 2400
- **As Of:** 2026-09-11T05:00:23+00:00

## Key Fundamentals

Observed at 2026-09-11T04:33:52.332151Z.

- **Market Cap:** ₹298.47 Cr
- **Classification:** SME
- **P/E (reported):** 28.4
- **Book Value:** ₹37.41
- **Price to Book:** 6.82
- **Dividend Yield:** 0%
- **ROE:** 24.01%
- **ROCE:** 37.21%
- **Debt to Equity:** 0.23
- **Revenue (yearly):** ₹107.5 Cr
- **Net Income:** ₹10.3 Cr
- **EBITDA:** ₹16.3 Cr
- **52-Week High:** ₹282.05
- **52-Week Low:** ₹98
- **RSI (14):** 54.87

## Key Insights

### Strengths

- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 55.2%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 84.4 to 126 days.
- Working capital days have increased from 45.2 days to 108 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -11.09% | — | -300.63% |
| ebitda margin growth | 29.68% | 169.27% | — |
| net income growth | 139.53% | 456% | — |
| revenue growth | 101.69% | 153% | — |
| roce | -67.22% | -64.77% | — |
| roe | -70.74% | 61.42% | — |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Sales | 33 | 63 |
| Expenses | 29 | 54 |
| Operating Profit | 4 | 10 |
| OPM % | 12 | 15 |
| Other Income | 0 | 0 |
| Interest | 0 | 1 |
| Depreciation | 0 | 0 |
| Profit before tax | 4 | 9 |
| Tax % | 28 | 30 |
| Net Profit | 3 | 6 |
| EPS in Rs | 264 | 5.41 |

### Profit & Loss

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 7 | 19 | 53 | 107 |
| Expenses | 7 | 18 | 47 | 91 |
| Operating Profit | 0 | 1 | 6 | 17 |
| OPM % | 1.6 | 6 | 11 | 15 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 2 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 6 | 15 |
| Tax % | 25 | 27 | 28 | 29 |
| Net Profit | 0 | 1 | 4 | 10 |
| EPS in Rs | 6 | 74 | 425 | 8.98 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 0.1 | 0.1 | 0.1 | 6 |
| Reserves | 0 | 1 | 5 | 37 |
| Borrowings | 1 | 0 | 13 | 10 |
| Other Liabilities | 5 | 7 | 10 | 22 |
| Total Liabilities | 6 | 8 | 28 | 75 |
| Fixed Assets | 0 | 0 | 0 | 4 |
| CWIP | 0 | 0 | 0 | 3 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 6 | 8 | 28 | 69 |
| Total Assets | 6 | 8 | 28 | 75 |

### Cash Flow

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | -12 | -13 |
| Cash from Investing Activity | 0 | 0 | -1 | -6 |
| Cash from Financing Activity | 1 | 0 | 13 | 23 |
| Net Cash Flow | 1 | 0 | 1 | 4 |
| Free Cash Flow | 0 | 0 | -12 | -19 |
| CFO/OP | 155 | 44 | -189 | -65 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 9 | 56 | 72 | 126 |
| Inventory Days | 289 | 91 | 124 | 103 |
| Days Payable | 318 | 138 | 62 | 49 |
| Cash Conversion Cycle | -21 | 9 | 134 | 180 |
| Working Capital Days | -33 | 1 | 26 | 108 |
| ROCE % | — | 103 | 62 | 46 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 100% | 71.43% | 71.43% |
| FIIs | 0% | 3.63% | 3.63% |
| DIIs | 0% | 9.92% | 5.27% |
| Government | 0% | 0% | 0% |
| Public | 0% | 11.53% | 13.5% |
| Others | 0% | 3.49% | 6.18% |
| No. of Shareholders | 7 | 7 | 421 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 9 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 249.75 | Buy |
| EMA (10) | 248.63 | Buy |
| SMA (20) | 243.34 | Buy |
| EMA (20) | 246.68 | Buy |
| SMA (50) | 248.16 | Buy |
| EMA (50) | 232.93 | Buy |
| SMA (100) | 192.3 | Buy |
| EMA (100) | 202.66 | Buy |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.85 | Neutral |
| MACD (12,26,9) | 3.16 | Sell |
| Stochastic (14,3,3) | 54.34 | Neutral |
| ADX (14) | 19.01 | Neutral |
| Williams %R (14) | -43.84 | Neutral |
| ATR (14) | 10.93 | High Volatility |
| ROC (12) | -2.39 | Sell |
| Stoch RSI (14) | 56.45 | Neutral |
| UO (7,14,28) | 57.89 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - EPW India reported 5th AGM voting results; all three resolutions passed unanimously on 8 September 2026. | [Shareholders meeting 9 Sep - EPW India reported 5th AGM voting results; all three resolutions passed unanimously on 8 September 2026.](https://nsearchives.nseindia.com/corporate/EPWINDIA_09092026191021_AGMVotingResults.pdf) |
| 8 Sep - EPW India held its 5th AGM on 8 September 2026; adopted FY26 results and reappointed Mohd Fasi Uddin. | [Shareholders meeting 8 Sep - EPW India held its 5th AGM on 8 September 2026; adopted FY26 results and reappointed Mohd Fasi Uddin.](https://nsearchives.nseindia.com/corporate/EPWINDIA_08092026185240_Summary_of_Proceedings_of_05th_AGM_Signed.pdf) |
| 5 Jun - Telangana PCB granted hazardous waste authorization to subsidiary on 4 June 2026; validity till 28 Feb 2031. | [Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals 5 Jun - Telangana PCB granted hazardous waste authorization to subsidiary on 4 June 2026; validity till 28 Feb 2031.](https://nsearchives.nseindia.com/corporate/EPWINDIA_05062026135212_Consentorderupload.pdf) |
| 3 June 2026 - Promoter disclosed no encumbrance on company shares during FY ended 31 March 2026. | [Disclosure under SEBI Takeover Regulations 3 June 2026 - Promoter disclosed no encumbrance on company shares during FY ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/team_sandeshc_20052026115818_40.pdf) |
| 3 April 2026 - EPW India Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 | [Trading Window 3 April 2026 - EPW India Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015](https://nsearchives.nseindia.com/corporate/EPWINDIA_03042026120815_Trading_window_closure_EPW.pdf) |
| 29 January 2026 - EPW India Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 29 January 2026 - EPW India Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/EPWINDIA_29012026105738_Reg_74_5__Declaration_EPW_28-01-2026.pdf) |
| 28 May 2026 - EPW India filed FY26 SDD compliance certificate; no non-compliance reported. | [Structural Digital Database 28 May 2026 - EPW India filed FY26 SDD compliance certificate; no non-compliance reported.](https://nsearchives.nseindia.com/corporate/EPWINDIA_28052026164429_Covering_Letter_SDD_Compliance_Certificate.pdf) |
| 27 May 2026 - EPW India reported no deviation in IPO proceeds usage for half year ended March 31, 2026. | [Statement of deviation(s) or variation(s) under Reg. 32 27 May 2026 - EPW India reported no deviation in IPO proceeds usage for half year ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/EPWINDIA_27052026192025_SOD.pdf) |
| 27 May 2026 - EPW India appoints M/s. Nelli & Co. as internal auditor for FY 2026-27. | [Appointment 27 May 2026 - EPW India appoints M/s. Nelli & Co. as internal auditor for FY 2026-27.](https://nsearchives.nseindia.com/corporate/EPWINDIA_27052026200449_InternalAuditor.pdf) |
| 27 May 2026 - EPW India appointed R&A Associates as Secretarial Auditor for FY2025-26 on 27 May 2026. | [Appointment 27 May 2026 - EPW India appointed R&A Associates as Secretarial Auditor for FY2025-26 on 27 May 2026.](https://nsearchives.nseindia.com/corporate/EPWINDIA_27052026200743_SecretarialAuditor.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30386_EPWINDIA_2025_2026_A_2595269_17082026182602.pdf) |

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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 2026-09-13T21:37:28.542Z.