CompanyGraph
What stands out
- Revenue is growing, but receivables have grown faster over the last six to eight years
- Earnings significantly exceed cash generation
At a glance
- Depends onMidstream position: 6 outgoing, 5 incoming connections
- FinancialsAltman Z-Score 2.93: safe zone
- Interpretations6 currently firing — 6
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.09%
Annual Rate
INR 0.10Paid unknown
Payout Ratio
1.1%Sustainable
Last Ex-Dividend
Sep 16, 2025
The reported statements, read against the company's own industry.
What stands out
- Revenue is growing, but receivables have grown faster over the last six to eight years
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
26.13BINR274.49M · vs all stocks (USD)
Trailing P/E
13.03xvs Solar peers
Revenue (TTM)
21.46BINR225.40M · vs all stocks (USD)
Profit Margin
9.33%vs Solar peers
Beta
0.3670xvs all stocks
52-Week Change
-53.03%vs all stocks
Forward Annual Dividend Yield
0.09%vs all stocks
Market Capitalization
26.13BINR274.49M · vs all stocks (USD)
Enterprise Value
29.89BINR313.92M · vs all stocks (USD)
Trailing P/E
13.03xvs Solar peers
Price to Sales (TTM)
1.22xvs Solar peers
Price to Book (MRQ)
3.25xvs Solar peers
Enterprise to Revenue
1.39xvs Solar peers
Enterprise to EBITDA
10.41xvs Solar peers
Gross Margin
21.00%vs Solar peers
Profit Margin
9.33%vs Solar peers
Operating Margin
12.05%vs Solar peers
Return on Assets (TTM)
10.46%vs Solar peers
Return on Equity (TTM)
28.15%vs Solar peers
Revenue (TTM)
21.46BINR225.40M · vs all stocks (USD)
Revenue per Share (TTM)
97.54INRUpdated Jul 19, 2026Quarterly Revenue Growth
100.10%vs Solar peers
Gross Profit (TTM)
4.31BINR45.22M · vs all stocks (USD)
EBITDA (TTM)
2.78BINR29.16M · vs all stocks (USD)
Net Income (TTM)
2.00BINR21.03M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
65.40%vs Solar peers
Operating Cash Flow (TTM)
-731.28MINR-7.68M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-6.67BINR-70.05M · vs all stocks (USD)
Forward Annual Dividend Rate
0.1000INRUpdated Jul 19, 2026Forward Annual Dividend Yield
0.09%vs all stocks
Trailing Annual Dividend Rate
0.00INRUpdated Jul 19, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
1.10%vs Solar peers
Minority Interest (Equity)
13.33MINRFY2026 · Mar 31, 2026Revenue
21.46BINRFY2026 · Mar 31, 2026Cost of Goods Sold
17.15BINRFY2026 · Mar 31, 2026Gross Profit
4.31BINRFY2026 · Mar 31, 2026Operating Income
2.51BINR26.40M · vs all stocks (USD)
Pre-tax Income
2.45BINRFY2026 · Mar 31, 2026Income Tax Expense
446.54MINRFY2026 · Mar 31, 2026Net Income
2.01BINRFY2026 · Mar 31, 2026EBIT
2.69BINRFY2026 · Mar 31, 2026EBITDA (Income Statement)
3.05BINRFY2026 · Mar 31, 2026Other Operating Expenses
929.19MINRFY2026 · Mar 31, 2026Non-operating Interest Expense
235.41MINRFY2026 · Mar 31, 2026EPS (Basic)
9.10INRFY2026 · Mar 31, 2026EPS (Diluted)
9.10INRFY2026 · Mar 31, 2026Basic Shares Outstanding
220.02MSharesFY2026 · Mar 31, 2026Diluted Shares Outstanding
220.02MSharesFY2026 · Mar 31, 2026Minority Interests (P&L)
-4.15MINRFY2026 · Mar 31, 2026Preferred Stock Dividends
0.00INRFY2026 · Mar 31, 2026Operating Cash Flow
-3.01BINRFY2026 · Mar 31, 2026Free Cash Flow
-7.49BINRFY2026 · Mar 31, 2026Cash & Cash Equivalents (End of Period)
4.41BINRFY2026 · Mar 31, 2026Starting Profit (CF Statement)
2.45BINRFY2026 · Mar 31, 2026Stock-based Compensation
13.00MINRFY2026 · Mar 31, 2026Other Non-cash Items
70.58MINRFY2026 · Mar 31, 2026Change in Accounts Receivable (CF)
-1.71BINRFY2026 · Mar 31, 2026Change in Other Assets/Liabilities
-3.83BINRFY2026 · Mar 31, 2026Capital Expenditures
-4.48BINRFY2026 · Mar 31, 2026Purchase of Investments
-629.00KINRFY2026 · Mar 31, 2026Sale of Investments
2.34BINRFY2026 · Mar 31, 2026Other Investing Activity
-1.00KINRFY2026 · Mar 31, 2026Net Investing Cash Flow
-2.14BINRFY2026 · Mar 31, 2026Net Short-term Debt Issuance
2.69BINRFY2026 · Mar 31, 2026Common Dividends Paid
-22.03MINRFY2026 · Mar 31, 2026Other Financing Charges
5.21MINRFY2026 · Mar 31, 2026Net Financing Cash Flow
2.68BINRFY2026 · Mar 31, 2026Shares Outstanding
220.39MSharesUpdated Jul 19, 2026Float Shares
66.12MSharesUpdated Jul 19, 2026% Held by Insiders
67.68%vs all stocks
% Held by Institutions
0.56%vs all stocks
Total Cash (MRQ)
5.21BINR54.71M · vs all stocks (USD)
Total Cash per Share (MRQ)
23.57INRUpdated Jul 19, 2026Total Debt (MRQ)
8.88BINR93.26M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.10xvs Solar peers
Current Ratio (MRQ)
1.86xvs Solar peers
Book Value per Share (MRQ)
36.51INRUpdated Jul 19, 2026Total Assets
21.55BINR226.35M · vs all stocks (USD)
Total Current Assets
14.10BINRFY2026 · Mar 31, 2026Total Liabilities
13.47BINRFY2026 · Mar 31, 2026Total Non-current Assets
7.45BINRFY2026 · Mar 31, 2026Total Non-current Liabilities
5.88BINRFY2026 · Mar 31, 2026Total Current Liabilities
7.58BINRFY2026 · Mar 31, 2026Cash & Cash Equivalents
879.91MINRFY2026 · Mar 31, 2026Other Short-term Investments
4.46BINRFY2026 · Mar 31, 2026Accounts Receivable
2.82BINRFY2026 · Mar 31, 2026Inventory
3.79BINRFY2026 · Mar 31, 2026Accounts Payable
2.93BINRFY2026 · Mar 31, 2026Short-term Debt
3.72BINRFY2026 · Mar 31, 2026Other Current Liabilities
831.28MINRFY2026 · Mar 31, 2026Long-term Debt
5.16BINRFY2026 · Mar 31, 2026Common Stock (Book)
220.40MINRFY2026 · Mar 31, 2026Total Shareholders' Equity
8.08BINR84.91M · vs all stocks (USD)
52-Week Low
81.00INRUpdated Jul 19, 202652-Week High
260.00INRUpdated Jul 19, 202652-Week Change
-53.03%vs all stocks
Beta
0.3670xvs all stocks
50-Day MA
121.49INRUpdated Jul 19, 2026200-Day MA
129.77INRUpdated Jul 19, 2026Avg 10-Day Volume
356.55KSharesUpdated Jul 19, 2026Avg 30-Day Volume
181.60KSharesUpdated Jul 19, 2026Diluted EPS (TTM)
9.10INRUpdated Jul 19, 20266 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
High ROE Relative To Gross Margin
Its return on equity is high for the gross margin it earns, with revenue up three years and profit in all five.
Reads
Industry-Benchmarked Return on Capital Elevated
It earns more on its assets and its equity than its industry, and gets more sales from those assets.
Reads
Operating Income Growing With Multi-Year Revenue Growth
Revenue up in each of five years, with operating income up in each of four.
Reads
Revenue Growing With Receivables Growing
Revenue has risen three years, and what customers owe has risen with it.
Reads
Is this company growing?
Multi-Year Revenue And Profit Growth
Revenue and earnings have both grown steadily across six years.
Reads
Multi-Year Revenue, Profit, And Income Growth
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Revenue is growing, but receivables have grown faster over the last six to eight yearsSignificant
Revenue Growth YoY: 1.00Receivables vs revenue divergence: 10.49
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 21,028,749.666Operating Cash Flow (USD, TTM): -7,680,654.678
Financial Health
Altman Z-Score 2.93: safe zoneNotable
Altman Z-Score: 2.93
Supply Chain
Midstream position: 6 outgoing, 5 incoming connectionsNotable
Outgoing: 6.00Incoming: 5.00
High connectivity hub: 11 industry connectionsNotable
Total Connections: 11.00
Companies that share the same coordination system — how they create, deliver, or capture value.
Youlchon Chemical Co. Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Federal-Mogul Goetze (India) Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Huafang Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Soken Chemical & Engineering Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionSenseMakingRule
Flair Writing Industries Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Yunnan Bowin Technology Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowInterface
Dah San Electric Wire & Cable Co. Ltd.
Tier 1ProductionThroughput-Bound ConversionRuleFlow
Jouder Precision Industry Co., Ltd.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Zippy Technology Corp.
Tier 1ProductionThroughput-Bound ConversionSenseMakingRule
Kalekim Kimyevi Maddeler Sanayi ve Ticaret A.Ş.
Tier 1ProductionThroughput-Bound ConversionFlowRule
Companies that share active interpretations — structural patterns currently present in both stocks.
NVIDIA Corporation
6 interpretationsRevenue Growing With Receivables GrowingOperating Income Growing With Multi-Year Revenue GrowthMulti-Year Revenue, Profit, And Income GrowthIndustry-Benchmarked Return on Capital ElevatedHigh ROE Relative To Gross MarginMulti-Year Revenue And Profit Growth
National Environmental Recycling Co.
5 interpretationsOperating Income Growing With Multi-Year Revenue GrowthMulti-Year Revenue, Profit, And Income GrowthIndustry-Benchmarked Return on Capital ElevatedHigh ROE Relative To Gross MarginMulti-Year Revenue And Profit Growth
Polycab India Ltd.
5 interpretationsRevenue Growing With Receivables GrowingOperating Income Growing With Multi-Year Revenue GrowthMulti-Year Revenue, Profit, And Income GrowthIndustry-Benchmarked Return on Capital ElevatedMulti-Year Revenue And Profit Growth