Square Four Projects India (BSE: SFPIL) is loss-making over the last 12 months, losing ₹0.30 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹7.49, 32% below its 52-week high. The company has almost no debt. It is a small-cap company with a market cap of ₹15 Cr, ranked 54th of 64 Real Estate Services companies by market cap; the shares fell 19% over the past year.
- ₹7.10
- ₹7.90
- ₹7.08
- ₹7.65
- 208
Health check
- ReturnsBehind
−19.0% over a year, better than 2 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityNegative
ROCE -1.3% vs peer median 7.6%.
- Balance sheetStretched
Debt 0.09× equity, Piotroski 2 of 9.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹15 Cr
- Small cap
- P/E
- n/a
- Industry 21.3
- Price to book
- 0.81
- Peers 7.92
- Dividend yield
- 0.00%
- ROE
- −1.5%
- Peers 10.5%
- ROCE
- −1.3%
- Peers 7.6%
- Debt to equity
- 0.09
- Debt ₹1.75 Cr
- EPS (TTM)
- −₹0.15
- OPM (TTM)
- −2032.4%
- Net margin 0.0%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- n/a
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −1.5%.
- 32% below its 52-week high.
About Square Four Projects India
Square Four Projects India Limited engages in the real estate business and corporate loans in India. The company was formerly known as Essen Supplements India Limited and changed its name to Square Four Projects India Limited in July 2013. Square Four Projects India Limited was incorporated in 1992 and is based in Kolkata, India.
- Headquarters
- Kolkata
- Employees
- 2
- Sector
- Real Estate
- ISIN
- INE716K01020
- Website
- squarefourgroup.in
Price range
- Avg volume (3M)
- 1K
- 1-year return
- minus 19.0%
- From 52-week high
- minus 31.9%
Peers · Real Estate Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ABRELAditya Birla Real Estate | 1,068.40 | minus 1.99% | 11,853 | – | – | −5.2% | −3.6% | 0.79 | −52.6% | minus 41.3% |
| WEWORKWeWork India Management | 681.65 | plus 1.04% | 9,466 | 95.7 | 9.4 | 12.3% | 64.2% | 16.44 | – | plus 6.7% |
| SMARTWORKSSmartworks Coworking Spaces | 515.85 | plus 4.91% | 5,900 | 52.4 | 9.2 | 7.4% | 65.3% | 10.29 | 36.2% | minus 18.9% |
| NIRLONNirlon | 635.00 | minus 0.57% | 5,722 | 20.4 | 12.6 | 23.3% | 77.4% | 2.42 | 5.4% | plus 16.4% |
| INDIQUBEIndiqube Spaces | 184.32 | plus 2.39% | 3,908 | – | 9.9 | 5.5% | 60.8% | 10.12 | 35.8% | minus 15.3% |
| ELPROINTLElpro International | 169.55 | plus 0.26% | 2,874 | 22.3 | 50.5 | 7.6% | 36.2% | 0.60 | 58.2% | plus 60.9% |
| EFCILEFC (I) | 165.12 | plus 0.22% | 2,443 | 8.3 | 8.1 | 16.0% | 44.5% | 1.73 | 115.7% | minus 43.6% |
| SFPILSquare Four Projects India | 7.49 | minus 2.09% | 15 | – | – | −1.3% | −2032.4% | 0.09 | – | minus 19.0% |
| Median of 7 peers | – | 0.26% | 5,722 | 22.3 | 9.6 | 7.6% | 60.8% | 2.42 | 36.0% | −15.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| −0.1 | −0.1 | −0.1 | −0.1 | −0.1 | |
| 0 | 0 | 0 | 0 | 0 | |
| −0.1 | −0.1 | −0.1 | −0.1 | −0.1 | |
| – | – | – | −48.9% | – | |
| −0.1 | −0.1 | −0.1 | −0.1 | −0.1 | |
| -0.03 | -0.03 | -0.03 | -0.05 | -0.04 |
Profit & loss
- ROE
- −1.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.2 | −0.3 | −0.2 | −0.3 | |
| 0.1 | 0.1 | 0.2 | 0 | |
| 0 | 0 | 0 | – | |
| −0.1 | −0.2 | −0 | −0.2 | |
| −6.7% | 0.1% | −1011.4% | −13.8% | |
| −0.1 | −0.2 | −0.1 | −0.3 | |
| -0.05 | -0.08 | -0.04 | -0.14 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.8 | 9.8 | 9.8 | 9.8 | |
| 10 | 9.8 | 9.7 | 9.4 | |
| 3.8 | 4.1 | 1.3 | 1.8 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 23.7 | 23.7 | 20.9 | 21.1 | |
| 3.6 | 3.8 | 4 | 4.1 | |
| 3.6 | 3.8 | 4 | 4.1 | |
| 0.4 | 0.4 | 0.4 | 0.4 | |
| 0.1 | 1.9 | 0.4 | 0.1 | |
| 16 | 13.8 | 12.2 | 12.4 | |
| 23.7 | 23.7 | 20.9 | 21.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.1 | 1.7 | 0.9 | −0.4 | |
| 0.1 | −0.1 | 0 | −0.1 | |
| 0 | 0.3 | −2.8 | 0.5 | |
| −0 | 1.9 | −1.9 | 0 | |
| −0.1 | −0.2 | −0.2 | −0.1 | |
| −0.1 | 1.5 | 0.7 | −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.