---
title: "Sulzer India Ltd (SULZER) — Share Price, Financials & Analysis"
symbol: "SULZER"
company: "Sulzer India Ltd"
canonical: "https://tapetide.com/stocks/SULZER"
generated_at: "2026-10-13T11:01:41.317Z"
---

# Sulzer India Ltd (SULZER)

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

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sulzerindia.com

## About

Sulzer India Limited,incorporated in India, listed on the Bombay Stock Exchange Limited,  the company is engaged in the manufacture of engineering products

## Latest Price

## Key Insights

### Strengths

- Company has delivered good profit growth of 27.3% CAGR over last 5 years
- Company's working capital requirements have reduced from 38.5 days to 20.3 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 46% | 22% | 27% |
| revenue growth | 37% | 12% | 22% |

## Financial Statements

### Profit & Loss

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

| Item | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Mar 2011 15m | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 81 | 125 | 197 | 149 | 162 | 187 | 307 | 281 | 317 | 435 |
| Expenses | 71 | 102 | 158 | 113 | 153 | 189 | 275 | 246 | 292 | 385 |
| Operating Profit | 10 | 23 | 40 | 36 | 9 | -3 | 32 | 35 | 24 | 50 |
| OPM % | 12 | 19 | 20 | 24 | 5 | -1.4 | 10 | 13 | 8 | 11 |
| Other Income | 6 | 8 | 9 | 15 | 14 | 6 | 1 | 6 | 24 | 11 |
| Interest | 1 | 1 | 1 | 1 | 1 | 3 | 6 | 4 | 2 | 3 |
| Depreciation | 4 | 5 | 5 | 5 | 10 | 8 | 7 | 8 | 11 | 18 |
| Profit before tax | 11 | 25 | 42 | 45 | 11 | -7 | 20 | 29 | 36 | 40 |
| Tax % | 73 | 37 | 36 | 35 | 38 | 23 | 34 | 26 | 35 | 36 |
| Net Profit | 3 | 15 | 27 | 30 | 7 | -9 | 13 | 22 | 23 | 26 |
| EPS in Rs | 8.67 | 44.87 | 78.29 | 85.51 | 20.52 | -26.26 | 38.41 | 63.22 | 66.87 | 74.46 |
| Dividend Payout % | 81 | 22 | 45 | 18 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 31 | 42 | 55 | 78 | 85 | 76 | 89 | 111 | 135 | 164 |
| Borrowings | 0 | 0 | 0 | 0 | 10 | 40 | 46 | 30 | 1 | 36 |
| Other Liabilities | 73 | 56 | 83 | 46 | 60 | 144 | 104 | 109 | 144 | 157 |
| Total Liabilities | 107 | 102 | 141 | 128 | 159 | 264 | 243 | 254 | 283 | 360 |
| Fixed Assets | 18 | 18 | 19 | 16 | 38 | 38 | 39 | 37 | 37 | 63 |
| CWIP | 0 | 1 | 0 | 15 | 0 | 0 | 0 | 1 | 1 | 2 |
| Investments | 0 | 0 | 0 | 13 | 13 | 13 | 21 | 21 | 21 | 0 |
| Other Assets | 88 | 83 | 122 | 84 | 107 | 212 | 183 | 196 | 224 | 295 |
| Total Assets | 107 | 102 | 141 | 128 | 159 | 264 | 243 | 254 | 283 | 360 |

### Cash Flow

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

| Item | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 13 | 22 | 46 | 18 | -10 | -20 | 33 | 26 | 20 | 25 |
| Cash from Investing Activity | -3 | -4 | -5 | -27 | -18 | -8 | -18 | -5 | -12 | -17 |
| Cash from Financing Activity | -3 | -4 | -9 | -11 | 3 | 28 | 3 | -20 | -32 | 20 |
| Net Cash Flow | 6 | 14 | 32 | -20 | -25 | 1 | 19 | 2 | -24 | 29 |
| Free Cash Flow | 6 | 17 | 40 | 1 | -29 | -26 | 23 | 20 | 7 | 6 |
| CFO/OP | 169 | 145 | 165 | 86 | -27 | 659 | 121 | 95 | 142 | 90 |

### Ratios

| Item | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 78 | 38 | 36 | 48 | 61 | 42 | 29 | 41 | 53 | 42 |
| Inventory Days | 182 | 199 | 115 | 115 | 193 | 576 | 203 | 290 | 263 | 216 |
| Days Payable | 167 | 144 | 74 | 84 | 121 | 227 | 53 | 101 | 105 | 115 |
| Cash Conversion Cycle | 93 | 94 | 77 | 79 | 134 | 391 | 180 | 230 | 211 | 143 |
| Working Capital Days | 26 | 3 | -37 | 2 | 76 | 28 | 0 | 22 | 74 | 20 |
| ROCE % | 33 | 65 | 85 | 67 | 14 | -4 | 20 | 24 | 19 | 23 |

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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 2026-10-13T11:01:41.317Z.