Cranex (CRANEX) share price, P/E, ROE & financials

Cranex (BSE: CRANEX) had a P/E of 33.1× on 6 Nov 2026, above the industry P/E of 20.4×, and the shares are 12% below their 52-week high. Sales and net profit grew 10% and 62% a year over 3 years, with ROCE of 15% and ROE of 9.5%. Debt is 0.79× equity. It is a small-cap company with a market cap of ₹80 Cr, ranked 22nd of 24 Farm & Heavy Construction Machinery companies by market cap; the shares rose 28% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹112.00
Day high: ₹112.00
Day low: ₹98.13
Prev. close: ₹101.36
Volume: 22.8K

Health check

1 good · 3 fair · 2 to check

ReturnsAhead
+28.2% over a year, better than 7 of 7 peers.
Price tagPricier
P/E 33.1 vs industry 20.4.
GrowthSteady
Sales +10.2%, profit +62.3% a year over 3 years.
ProfitabilityAverage
ROCE 14.9% vs peer median 19.4%.
Balance sheetFair
Debt 0.79× equity, interest covered 3.6×, Piotroski 6 of 9.
Red flags1 to check
P/E of 33.1 against an industry P/E of 20.4.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Farm & Heavy Construction Machinery

23 listed peers. Screen the industry

Small cap

₹80 Cr, #22 of 24 in its industry by size.

Defensive

Beta 0.51 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹56 Cr · profit ₹2 Cr

Market cap: ₹80 Cr; Small cap
P/E: 33.1; Industry 20.4
Price to book: 2.46; Peers 6.87
Dividend yield: 0.00%
ROE: 9.5%; Peers 17.7%
ROCE: 14.9%; Peers 19.4%
Debt to equity: 0.79; Debt ₹21 Cr
EPS (TTM): ₹3.02
OPM (TTM): 8.1%; Net margin 4.4%
Sales growth: +10.1%; Latest quarter vs a year ago
Profit growth: +33.8%; Latest quarter vs a year ago
Price to sales: 1.42; EV/EBITDA 21.1

Strengths

Quarterly profit up 33.8% on a year ago.

Risks to check

P/E of 33.1 against an industry P/E of 20.4.

Derived automatically from reported figures. Not a recommendation.

About Cranex

Cranex Limited engages in the manufacture and sale of cranes and its parts in India and internationally. The company provides jib, gantry, single girder EOT, and double girder overhead cranes; escalators and moving walkways; and elevators, as well as traversers and EU rakes. It also offers after-sales services. In addition, the company provides modernization, renovation, annual maintenance contracts for all cranes, and reconditioning services of existing…

Headquarters: Sahibabad
Employees: 125
Sector: Industrials
ISIN: INE608B01010
Website: cranexltd.com

Price range

52 weeks

₹56.00₹114.00

Today

₹98.13₹112.00

Avg volume (3M): 7.1K
1-year return: plus 28.2%
From 52-week high: minus 12.3%

Peers · Farm & Heavy Construction Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ASHOKLEYAshok Leyland	172.09	plus 1.10%	1,01,083	29.1	12.2	14.5%	21.5%	3.45	10.6%	plus 21.2%
ESCORTSEscorts Kubota	2,443.40	minus 0.67%	26,888	20.4	13.5	14.4%	11.5%	0.01	11.3%	minus 35.6%
ACEAction Construction Equipment	1,167.70	plus 3.55%	13,900	31.8	25.5	28.5%	15.6%	0.00	15.0%	plus 2.8%
OLECTRAOlectra Greentech	1,026.35	minus 2.21%	8,424	47.5	26.6	19.4%	13.8%	0.31	28.4%	minus 30.9%
AJAXENGGAjax Engineering	556.65	minus 1.24%	6,369	28.1	20.0	21.4%	12.5%	0.00	22.2%	minus 5.8%
SWARAJENGSwaraj Engines	3,495.30	minus 1.97%	4,247	20.0	15.2	52.8%	12.6%	0.01	12.2%	minus 9.6%
VSTTILLERSV.S.T Tillers Tractors	3,941.70	minus 2.48%	3,411	31.4	16.5	12.4%	13.3%	0.00	7.2%	minus 33.8%
CRANEXCranex	99.99	minus 1.35%	80	33.1	18.3	14.9%	8.1%	0.79	10.2%	plus 28.2%
Median of 7 peers	–	−1.24%	8,424	29.1	16.5	19.4%	13.3%	0.01	12.2%	−9.6%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
9	13.4	11.1	21.9	9.9
8.3	12.3	10.2	20	9.2
0.7	1.1	0.9	1.9	0.7
7.8%	7.9%	7.9%	8.8%	7.0%
0.1	0.1	0.1	0.2	0.1
0.4	0.4	0.4	0.4	0.3
0.1	0.1	0.1	0.1	0.1
0.3	0.7	0.5	1.6	0.4
22.3%	10.2%	40.3%	27.8%	24.8%
0.2	0.7	0.3	1.2	0.3
0.28	0.75	0.37	1.48	0.42

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +10.2%
Profit CAGR 3Y: +62.3%
EPS CAGR 3Y: +47.4%
ROE: 9.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
41.4	62.1	51.5	55.4
–	+50.1%	minus 17.0%	+7.4%
39	58.1	47.5	49.9
2.3	4	4	5.5
5.6%	6.5%	7.8%	9.9%
0.6	0.6	1.3	0.1
0.8	1	1.2	1.3
0.3	0.3	0.3	0.3
−0.6	−1.1	−1.3	−0.9
1.2	2.1	2.5	3.2
53.0%	30.2%	22.6%	25.4%
0.6	1.5	1.9	2.4
–	+165.6%	+29.9%	+23.9%
0.94	2.49	2.35	3.01

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6	6	6.6	6.6
3.3	4.8	17.6	20.1
24.1	27.1	19.9	21
18.9	17.4	12.4	11.6
52.3	55.2	56.5	59.3
5.8	6	5.7	6.1
2.7	4.1	2.1	2.7
2.6	3	0	0.1
41.3	42.2	48.7	50.4
52.3	55.2	56.5	59.3

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0.7	−1.1	−1.8	−1.2
−1	−0.4	−0.8	1.9
0.2	1.5	2.6	−0.5
−0.1	−0	−0	0.1
−0	−0.5	−0.1	−0.8
0.6	−1.6	−1.9	−2

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you