---
title: "Quality Foils (India) Ltd (QFIL) — Share Price, Financials & Analysis"
symbol: "QFIL"
company: "Quality Foils (India) Ltd"
canonical: "https://tapetide.com/stocks/QFIL"
isin: "INE0O1M01015"
nse_symbol: "QFIL"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 17.98
generated_at: "2026-09-13T19:02:40.224Z"
---

# Quality Foils (India) Ltd (QFIL)

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

## Company

- **NSE Symbol:** QFIL
- **ISIN:** INE0O1M01015
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-03-24
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** qualitygroup.in

## About

Incorporated in 1990, Quality
 Foils (Indla) Ltd is a stainless 
steel, tubes, and a pipe 
manufacturer[1]

## Latest Price

- **Price:** ₹63
- **Change:** 0 (0%)
- **Open:** ₹63
- **Day High:** ₹63
- **Day Low:** ₹63
- **Previous Close:** ₹63
- **Volume:** 0
- **As Of:** 2026-09-11T10:01:44+00:00

## Key Fundamentals

Observed at 2026-09-11T04:40:53.790514Z.

- **Market Cap:** ₹17.98 Cr
- **Classification:** SME
- **P/E (reported):** 12.2
- **EPS (reported):** ₹4.68
- **Book Value:** ₹110.8
- **Price to Book:** 0.57
- **Dividend Yield:** 0%
- **ROE:** 4.65%
- **ROCE:** 10.95%
- **Debt to Equity:** 2.06
- **Revenue (yearly):** ₹184.8 Cr
- **Net Income:** ₹1.5 Cr
- **EBITDA:** ₹9.3 Cr
- **52-Week High:** ₹77
- **52-Week Low:** ₹38
- **RSI (14):** 62.89

## Key Insights

### Strengths

- Stock is trading at 0.57 times its book value
- Company's working capital requirements have reduced from 22.6 days to 15.6 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.23% over past five years.
- Company has a low return on equity of 2.35% over last 3 years.
- Contingent liabilities of Rs.11.9 Cr.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 215.63% | -85.13% | 225.42% |
| ebitda margin growth | 19.34% | 28.43% | 31.09% |
| net income growth | 7.14% | -6% | 9% |
| revenue growth | 20.94% | 0% | 8% |
| roce | 28.98% | 11.05% | 11.98% |
| roe | -1.06% | 4.67% | -41.66% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 104 | 82 | 81 | 73 | 77 | 74 | 94 | 90 |
| Expenses | 101 | 79 | 79 | 71 | 76 | 71 | 90 | 85 |
| Operating Profit | 4 | 3 | 3 | 3 | 1 | 3 | 4 | 4 |
| OPM % | 3.7 | 3.5 | 3.1 | 3.9 | 1.6 | 4.4 | 4.6 | 4.8 |
| Other Income | 2 | 0 | 0 | 0 | 2 | 0 | 0 | 1 |
| Interest | 2 | 2 | 1 | 2 | 1 | 1 | 2 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Tax % | 14 | 30 | 27 | 17 | 20 | 57 | 25 | 33 |
| Net Profit | 3 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS in Rs | 19.21 | 1.75 | 2.31 | 2.38 | 2.87 | 2.1 | 2.91 | 2.28 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 153 | 151 | 124 | 180 | 186 | 155 | 151 | 184 |
| Expenses | 148 | 145 | 118 | 173 | 180 | 149 | 146 | 175 |
| Operating Profit | 5 | 6 | 6 | 6 | 7 | 5 | 5 | 9 |
| OPM % | 3.3 | 4.1 | 4.6 | 3.6 | 3.6 | 3.5 | 3 | 4.7 |
| Other Income | 0 | 1 | 0 | 1 | 2 | 1 | 2 | 1 |
| Interest | 3 | 4 | 3 | 3 | 4 | 3 | 2 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 |
| Profit before tax | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 |
| Tax % | 32 | 18 | 27 | 27 | 17 | 23 | 42 | 28 |
| Net Profit | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 |
| EPS in Rs | 59.29 | 77.14 | 68.57 | 115.71 | 11.18 | 4.7 | 4.98 | 5.15 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 3 |
| Reserves | 14 | 16 | 17 | 19 | 25 | 26 | 27 | 29 |
| Borrowings | 43 | 41 | 41 | 48 | 43 | 35 | 59 | 66 |
| Other Liabilities | 12 | 7 | 5 | 10 | 6 | 6 | 9 | 9 |
| Total Liabilities | 70 | 66 | 65 | 78 | 76 | 69 | 98 | 106 |
| Fixed Assets | 21 | 20 | 19 | 20 | 20 | 22 | 47 | 49 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 0 |
| Investments | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Other Assets | 49 | 45 | 45 | 57 | 56 | 44 | 50 | 56 |
| Total Assets | 70 | 66 | 65 | 78 | 76 | 69 | 98 | 106 |

### Cash Flow

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

| Item | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3 | 6 | 4 | -2 | 9 | 15 | -2 | 2 |
| Cash from Investing Activity | -5 | -1 | 0 | -2 | 0 | -9 | -20 | -5 |
| Cash from Financing Activity | 1 | -5 | -3 | 4 | -5 | -11 | 22 | 2 |
| Net Cash Flow | 0 | 0 | 1 | 0 | 4 | -5 | 0 | 0 |
| Free Cash Flow | -2 | 5 | 4 | -4 | 10 | 9 | -25 | -2 |
| CFO/OP | 69 | 104 | 74 | -18 | 142 | 283 | -34 | 30 |

### Ratios

| Item | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 72 | 62 | 82 | 68 | 59 | 57 | 59 | 56 |
| Inventory Days | 34 | 43 | 46 | 46 | 39 | 41 | 60 | 57 |
| Days Payable | 21 | 7 | 0 | 9 | 1 | 0 | 7 | 2 |
| Cash Conversion Cycle | 85 | 98 | 128 | 105 | 97 | 97 | 113 | 111 |
| Working Capital Days | 27 | 29 | 40 | 35 | 32 | 37 | 15 | 16 |
| ROCE % | — | — | 8 | 9 | 8 | 7 | 4 | 7 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 53.57% | 53.57% | 53.57% | 56.76% | 58.47% | 59.59% | 59.59% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 21.75% | 24.02% | 24.96% | 26.12% | 27% | 26.68% | 26.96% |
| Others | 24.68% | 22.42% | 21.47% | 17.13% | 14.53% | 13.73% | 13.45% |
| No. of Shareholders | 19 | 230 | 236 | 223 | 232 | 236 | 231 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 5 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 60.82 | Buy |
| EMA (10) | 60.63 | Buy |
| SMA (20) | 57.61 | Buy |
| EMA (20) | 57.85 | Buy |
| SMA (50) | 52.59 | Buy |
| EMA (50) | 55.93 | Buy |
| SMA (100) | 59.02 | Buy |
| EMA (100) | 59.47 | Buy |
| SMA (200) | 68.14 | Sell |
| EMA (200) | 69.26 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 63.25 | Neutral |
| MACD (12,26,9) | 3.25 | Buy |
| Stochastic (14,3,3) | 89.8 | Sell |
| ADX (14) | 14.73 | Neutral |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 2.16 | High Volatility |
| ROC (12) | 7.51 | Buy |
| Stoch RSI (14) | 65.99 | Neutral |
| UO (7,14,28) | 61.57 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026; shares fully in demat form. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026; shares fully in demat form.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_08072026175149_Intimation.pdf) |
| 7 January 2026 - SDD compliance certificate for quarter ended Dec 31, 2025; zero events captured; no non-compliance observed. | [Structural Digital Database 7 January 2026 - SDD compliance certificate for quarter ended Dec 31, 2025; zero events captured; no non-compliance observed.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_07012026102019_Intimation_to_STX_of_SDD_Compliance_Certificate_for_Q3_FY_2025-26.pdf) |
| 7 January 2026 - Certificate under SEBI Reg.74(5) for quarter ended Dec 31, 2025 by RTA Bigshare. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 January 2026 - Certificate under SEBI Reg.74(5) for quarter ended Dec 31, 2025 by RTA Bigshare.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_07012026095706_Compliance_Certificate_Reg_74_5__for_Q3_FY_2025-26.pdf) |
| 7 April 2026 - Submitted SDD compliance certificate for quarter ended March 31, 2026; no non-compliances or reportable events. | [Structural Digital Database 7 April 2026 - Submitted SDD compliance certificate for quarter ended March 31, 2026; no non-compliances or reportable events.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_07042026102244_Intimation_of_SDD_Compliance_Certificate.pdf) |
| 7 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no rematerialisation requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no rematerialisation requests received.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_07042026102614_Compliance_Certificate_Reg_74_5__for_Q4_FY_2025-26.pdf) |
| 29 October 2025 - Mr. Vikas (ICSI A76935) appointed Company Secretary & Compliance Officer effective Oct 29, 2025. | [Appointment 29 October 2025 - Mr. Vikas (ICSI A76935) appointed Company Secretary & Compliance Officer effective Oct 29, 2025.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_29102025113231_Disclosure-_Appointmnet_of_Company_Secretary_and_Compliance_Officer.pdf) |
| 29 October 2025 - Approved unaudited H1 results (30 Sep 2025): PBT ₹109.55 lakh, net profit ₹82.57 lakh. | [Outcome of Board Meeting 29 October 2025 - Approved unaudited H1 results (30 Sep 2025): PBT ₹109.55 lakh, net profit ₹82.57 lakh.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_29102025111118_Intimation.pdf) |
| 27 May - Board approved FY26 audited results on May 27, 2026; appointed cost and internal auditors. | [Outcome of Board Meeting 27 May - Board approved FY26 audited results on May 27, 2026; appointed cost and internal auditors.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_27052026124537_Outcome.pdf) |
| 27 May - Board appointed Mr. Kapil Mittal as Internal Auditor and N.R. Goyal & Co. as Cost Auditors for FY2026-27. | [Change in Auditors 27 May - Board appointed Mr. Kapil Mittal as Internal Auditor and N.R. Goyal & Co. as Cost Auditors for FY2026-27.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_27052026125042_Appointment_of_Auditor.pdf) |
| 27 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results. | [Trading Window 27 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results.](https://nsearchives.nseindia.com/corporate/QUALITYFOILS_27032026105452_Intimation_trading_window_closure_for_March_2026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30282_QFIL_2025_2026_A_3813132_10082026181303.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27279_QFIL_2024_2025_A_05082025153625.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_24903_QFIL_2023_2024_10082024172955.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_22337_QFIL_2022_2023_14072023101748_07142023110000.zip) |

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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 2026-09-13T19:02:40.224Z.