Ranjeet Mechatronics (BSE: RANJEET) had a P/E of 84.4× on 2 Sep 2026, and the shares are 21% below their 52-week high. Sales and net profit fell 8.2% and 22% a year over 3 years, with ROCE of 6.0% and ROE of 0.4%. Debt is 0.37× equity. It is a small-cap company with a market cap of ₹27 Cr; the shares fell 16% over the past year.
- ₹5.67
- ₹6.75
- ₹5.67
- ₹6.75
- 24K
Health check
- ReturnsWeak
−15.7% over the past year.
- Price tagNo peers
P/E 84.4, with no peers to compare.
- GrowthShrinking
Sales −8.2%, profit −22.5% a year over 3 years.
- ProfitabilityWeak
ROCE 6.0%.
- Balance sheetFair
Debt 0.37× equity, interest covered 1.7×.
- Red flags4 to check
Return on equity is low at 0.4%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹27 Cr
- Small cap
- P/E
- 84.4
- Price to book
- 1.26
- Book value ₹5.34
- Dividend yield
- 0.00%
- ROE
- 0.4%
- Return on equity
- ROCE
- 6.0%
- Return on capital employed
- Debt to equity
- 0.37
- Debt ₹7.94 Cr
- EPS (TTM)
- ₹0.08
- OPM (TTM)
- 11.6%
- Net margin 0.4%
- Sales growth
- −52.1%
- Latest quarter vs a year ago
- Profit growth
- −63.2%
- Latest quarter vs a year ago
- Price to sales
- 1.26
- EV/EBITDA 25.5
Strengths and risks
Risks to check
- Return on equity is low at 0.4%.
- Quarterly profit down 63.2% on a year ago.
- Quarterly sales down 52.1% on a year ago.
- Interest coverage of only 1.7×.
About Ranjeet Mechatronics
Ranjeet Mechatronics Limited provides pipe fabrication and jointing products primarily in India. The company offers installation, designing, commissioning, testing, maintenance, and support for turnkey projects. It provides fire protection and detection systems, such as smoke detection and fire alarm, fire hydrant, fire sprinkler, water mist fire protection, deluge, gaseous fire suppression, and high sensitive smoke detection systems, as well as fire…
- Headquarters
- Ahmedabad
- Employees
- 8
- Sector
- Industrials
- ISIN
- INE01A501027
- Website
- ranjeet.co.in
Price range
- Avg volume (3M)
- 1K
- 1-year return
- minus 15.7%
- From 52-week high
- minus 21.1%
Peers
We couldn’t find listed peers for this company.
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- −8.2%
- Profit CAGR 3Y
- −22.5%
- ROE
- 0.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 37.7 | 16.6 | 10.8 | 29.1 | |
| – | minus 56.1% | minus 34.8% | +170.1% | |
| 37 | 15.3 | 8.6 | 27.5 | |
| 0.7 | 1.3 | 2.2 | 1.6 | |
| 1.9% | 7.9% | 20.2% | 5.5% | |
| 1.7 | 0.2 | −0.1 | 0 | |
| 1.2 | 1.2 | 1.1 | 0.9 | |
| 0.2 | 0.1 | 0.1 | 0.1 | |
| – | −0 | 0.4 | −0 | |
| 1 | 0.2 | 1.2 | 0.6 | |
| 27.8% | 21.2% | 23.7% | 42.6% | |
| 0.7 | 0.1 | 1 | 0.3 | |
| – | minus 82.3% | +656.4% | minus 65.1% | |
| 0.27 | 0.05 | 0.24 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.6 | 10 | 10 | 20 | |
| 6.7 | 10.2 | 11 | 1.2 | |
| 13.4 | 8.5 | 8.6 | 8.9 | |
| 7.1 | 4.1 | 4.7 | 6.2 | |
| 33.8 | 32.9 | 34.3 | 36.4 | |
| 0.9 | 0.8 | 0.7 | 0.7 | |
| 3 | 5.7 | 5.5 | 5.8 | |
| 2 | 0.1 | 0.2 | 0.1 | |
| 27.9 | 26.2 | 28 | 29.8 | |
| 33.8 | 32.9 | 34.3 | 36.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.8 | −0.1 | 2.6 | 0.7 | |
| −2.6 | −2.3 | −1.2 | 0.1 | |
| −0.2 | 0.6 | −1.4 | −0.8 | |
| 1 | −1.9 | 0 | −0.1 | |
| −0.1 | −0 | −0 | −0.2 | |
| 3.7 | −0.1 | 2.6 | 0.5 |
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.