As of 6 Nov 2026, Leapfrog Engineering Services trades at 14.1× trailing earnings, below the industry P/E of 16.4×, and the shares are 23% below their 52-week high. Its ROCE of 44% is the highest among the 7 largest Engineering & Construction peers, and sales grew 14% a year over 3 years. Debt is 0.44× equity. It is listed on an SME platform with a market cap of ₹277 Cr, ranked 91st of 156 Engineering & Construction companies by market cap; the shares fell 16% over the past year.
- ₹19.51
- ₹19.51
- ₹19.51
- ₹19.75
- 6K
Health check
- ReturnsBehind
−15.5% over a year, better than 2 of 7 peers.
- Price tagIn line
P/E 14.1 vs industry 16.4.
- GrowthStrong
Sales +13.5%, profit +310.4% a year over 3 years.
- ProfitabilityStrong
ROCE 44.1% vs peer median 19.9%.
- Balance sheetSolid
Debt 0.44× equity, interest covered 6.3×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹277 Cr
- Small cap
- P/E
- 14.1
- Industry 16.4
- Price to book
- 2.87
- Peers 4.92
- Dividend yield
- 0.00%
- ROE
- 31.1%
- Peers 17.9%
- ROCE
- 44.1%
- Peers 19.9%
- Debt to equity
- 0.44
- Debt ₹32 Cr
- EPS (TTM)
- ₹1.38
- OPM (TTM)
- 10.6%
- Net margin 12.8%
- Sales growth
- +0.1%
- Latest quarter vs a year ago
- Profit growth
- −9.9%
- Latest quarter vs a year ago
- Price to sales
- 1.81
- EV/EBITDA 9.0
Strengths and risks
Strengths
- Return on equity of 31.1%.
- Return on capital employed of 44.1%.
About Leapfrog Engineering Services
Leapfrog Engineering Services Limited engages in engineering, procurement, construction, and commissioning services in India and internationally. The company offers engineering solutions in the fields of electrical, instrumentation, industrial automation, fire protection and safety systems, modular substation, building automation systems and HVAC, and enterprise solutions. It serves to various industries including oil and gas, metals and minerals, mining,…
- Headquarters
- Bengaluru
- Employees
- 111
- Sector
- Industrials
- ISIN
- INE0X6O01027
- Website
- lesgroup.in
Price range
- Avg volume (3M)
- 96.7K
- 1-year return
- minus 15.5%
- From 52-week high
- minus 22.6%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| LESLLeapfrog Engineering Services | 19.51 | minus 1.22% | 277 | 14.1 | 11.3 | 44.1% | 10.6% | 0.44 | 13.5% | minus 15.5% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
| ₹ Cr | Mar 26 |
|---|---|
| 51.3 | |
| 47.1 | |
| 4.2 | |
| 8.2% | |
| 5.6 | |
| 0.7 | |
| 0.1 | |
| −0.9 | |
| 8 | |
| 32.4% | |
| 5.4 |
Profit & loss
- Sales CAGR 3Y
- +13.5%
- Profit CAGR 3Y
- +310.4%
- ROE
- 31.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 104 | 158 | 135 | 152 | |
| – | +51.5% | minus 14.7% | +13.1% | |
| 102 | 135 | 110 | 126 | |
| 2.2 | 22.4 | 24.4 | 26.4 | |
| 2.1% | 14.2% | 18.1% | 17.4% | |
| 0 | 3.4 | 1.5 | 9.4 | |
| 1.4 | 1.8 | 2.8 | 5.2 | |
| 0.2 | 0.6 | 0.5 | 0.5 | |
| −0 | −1.1 | −0.8 | −2.8 | |
| 0.6 | 22.4 | 21.9 | 27.4 | |
| 54.5% | 26.7% | 25.8% | 28.5% | |
| 0.3 | 16.4 | 16.2 | 19.6 | |
| – | +5692.5% | minus 1.0% | +20.7% | |
| 0.02 | 1.16 | 1.14 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.5 | 0.5 | 10.7 | 10.7 | |
| 4.8 | 21.2 | 42.5 | 62.1 | |
| 13 | 13.8 | 20.1 | 31.9 | |
| 48.1 | 15.6 | 75.8 | 62 | |
| 66.5 | 51.1 | 149 | 167 | |
| 2.5 | 1.1 | 2.4 | 2.4 | |
| 1.9 | – | 1.5 | 1.5 | |
| 1.5 | 1.7 | 2.1 | 1.9 | |
| 2.6 | 0 | 8.3 | 9 | |
| 57.9 | 48.2 | 135 | 152 | |
| 66.5 | 51.1 | 149 | 167 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.9 | −1.2 | −15.9 | −5 | |
| −0.2 | 0 | −2.6 | −0.4 | |
| −8.2 | −1.1 | 18.5 | 5.4 | |
| 3.5 | −2.2 | 0 | −0 | |
| −0.6 | −1.1 | −0.2 | −0.6 | |
| 11.3 | −2.3 | −16.1 | −5.6 |
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
Filings & events
News
No recent news coverage found.