Fine-Line Circuits share price, P/E, ROE & financials

On 6 Nov 2026, Fine-Line Circuits was priced at ₹80.00, or 333.3× trailing earnings, against an industry P/E of 63.0×, and the shares are 20% below their 52-week high. It earns ROCE of 3.5% and ROE of 0.2%, and sales grew 6.5% a year over 3 years while net profit fell 40%. Debt is 0.82× equity. It is a small-cap company with a market cap of ₹38 Cr, ranked 18th of 20 Electronic Components companies by market cap; the shares fell 19% 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: ₹80.00
Day high: ₹80.00
Day low: ₹80.00
Prev. close: ₹83.15
Volume: 1

Health check

6 to check

ReturnsBehind
−19.2% over a year, better than 1 of 7 peers.
Price tagPricier
P/E 333.3 vs industry 63.0.
GrowthSlow
Sales +6.5%, profit −40.4% a year over 3 years.
ProfitabilityWeak
ROCE 3.5% vs peer median 15.7%.
Balance sheetStretched
Debt 0.82× equity, interest covered 1.0×, Piotroski 4 of 9.
Red flags3 to check
Return on equity is low at 0.2%.

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

Electronic Components

19 listed peers. Screen the industry

Small cap

₹38 Cr, #18 of 20 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹37 Cr · profit ₹0 Cr

Market cap: ₹38 Cr; Small cap
P/E: 333.3; Industry 63.0
Price to book: 4.21; Peers 6.25
Dividend yield: 0.00%
ROE: 0.2%; Peers 14.9%
ROCE: 3.5%; Peers 15.7%
Debt to equity: 0.82; Debt ₹7.47 Cr
EPS (TTM): ₹0.24
OPM (TTM): 3.5%; Net margin 0.3%
Sales growth: +47.8%; Latest quarter vs a year ago
Profit growth: +165.1%; Latest quarter vs a year ago
Price to sales: 1.05; EV/EBITDA 26.7

Strengths

Quarterly profit up 165.1% on a year ago.
Quarterly sales up 47.8% on a year ago.

Risks to check

Return on equity is low at 0.2%.
P/E of 333.3 against an industry P/E of 63.0.
Interest coverage of only 3.0×.

Derived automatically from reported figures. Not a recommendation.

About Fine-Line Circuits

Fine-Line Circuits Limited engages in the manufacturing and sale of printed circuit boards (PCBs) in India. The company offers on-board, high frequency microwave hybrid, multilayer cavity, flex and rigid flex, oversized/backplane, high copper, multilayer impedance controlled blind/buried, embedded passive component, and multilayer PCBs. It also provides various equipment, including automated optical inspection, bonding, CNC equipment, plasma activation,…

Headquarters: Mumbai
Employees: 146
Sector: Technology
ISIN: INE087E01011
Website: finelineindia.com

Price range

52 weeks

₹48.22₹100.55

Today

₹80.00₹80.00

Avg volume (3M): 4.9K
1-year return: minus 19.2%
From 52-week high: minus 20.4%

Peers · Electronic Components

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
SYRMASyrma SGS Technology	1,459.30	minus 3.68%	28,110	66.7	47.6	14.7%	10.9%	0.24	32.8%	plus 93.2%
KAYNESKaynes Technology India	3,233.00	minus 1.81%	21,733	63.0	37.5	12.0%	15.6%	0.19	47.7%	minus 50.6%
PGELPG Electroplast	546.15	minus 0.55%	15,661	72.5	37.0	8.7%	7.3%	0.25	33.8%	minus 3.4%
AVALONAvalon Technologies	1,893.60	minus 9.83%	12,668	95.0	72.8	21.7%	11.4%	0.30	19.3%	plus 82.6%
KRNKRN Heat Exchanger and Refrigeration	939.80	minus 4.99%	6,152	51.9	–	–	13.0%	0.16	–	plus 24.9%
CENTUMCentum Electronics	4,069.20	minus 0.88%	6,007	374.4	41.5	37.9%	10.5%	0.38	2.4%	plus 67.0%
MODINSUModern Insulators	457.10	minus 2.34%	2,155	22.9	20.2	16.7%	14.8%	0.13	18.5%	plus 213.5%
FINELINEFine-Line Circuits	80.00	minus 3.79%	38	333.3	38.1	3.5%	4.6%	0.82	6.5%	minus 19.2%
Median of 7 peers	–	−2.34%	12,668	66.7	39.5	15.7%	11.4%	0.24	26.0%	67.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
7.3	9.7	7.9	8.4	10.7
6.9	9.3	7.4	8.3	10.3
0.3	0.4	0.4	0.1	0.4
4.4%	3.6%	5.4%	0.9%	4.2%
0	0	0	0.4	0
0.1	0.1	0.1	0.1	0.1
0.2	0.2	0.2	0.2	0.2
–	–	–	−0.4	–
0.1	0.1	0.1	−0.2	0.2
3.6%	8.2%	1.9%	4.4%	3.6%
0.1	0.1	0.1	−0.2	0.2
0.13	0.14	0.25	-0.49	0.34

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +6.5%
Profit CAGR 3Y: −40.4%
EPS CAGR 3Y: −41.5%
ROE: 0.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
27.4	24.3	30.4	33.2
–	minus 11.5%	+25.1%	+9.2%
26.9	23.4	29.3	32
0.6	0.8	1.1	1.2
2.0%	3.5%	3.5%	3.6%
0.5	0.3	0.1	0.4
0.4	0.4	0.4	0.4
0.5	0.6	0.6	0.8
−0	−0.1	–	−0.4
0.1	0.1	0.2	0
−8.3%	2.1%	9.3%	−0.7%
0.1	0.1	0.2	0
–	+49.2%	+84.3%	minus 92.3%
0.15	0.22	0.41	0.03

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
4.8	4.8	4.8	4.8
3.7	3.7	4	4.3
6.3	6	5.8	7.5
3.7	3.4	3.2	5.1
18.5	17.9	17.9	21.7
2.6	2.6	3.2	4
0.1	–	0	0.6
0.3	0.4	0.4	0.4
1.7	0.7	1	0.8
13.9	14.2	13.3	15.9
18.5	17.9	17.9	21.7

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0.1	−1.9	1.9	0.1
−2.7	1.6	−1	−1.5
2.3	−0.6	−0.6	1.3
−0.3	−1	0.3	−0.2
−0.8	−0.5	−1.1	−1.5
−0.7	−2.5	0.8	−1.4

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