As of 6 Nov 2026, SJP Ultrasonics trades at 22.7× trailing earnings, below the industry P/E of 33.8×, and the shares are 23% below their 52-week high. Sales and net profit grew 33% and 55% a year over 3 years; its ROCE of 38% is the second-highest among the 7 largest Specialty Industrial Machinery peers. It is listed on an SME platform with a market cap of ₹119 Cr, ranked 108th of 138 Specialty Industrial Machinery companies by market cap; the shares rose 26% over the past year.
- ₹98.00
- ₹98.00
- ₹91.00
- ₹97.70
- 70K
Health check
- ReturnsIn line
+26.0% over a year, better than 4 of 7 peers.
- Price tagCheaper
P/E 22.7 vs industry 33.8.
- GrowthStrong
Sales +32.5%, profit +54.8% a year over 3 years.
- ProfitabilityStrong
ROCE 38.0% vs peer median 24.8%.
- Balance sheetStretched
Piotroski 3 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹119 Cr
- Small cap
- P/E
- 22.7
- Industry 33.8
- Price to book
- 4.32
- Peers 9.16
- Dividend yield
- 0.00%
- ROE
- 30.0%
- Peers 19.1%
- ROCE
- 38.0%
- Peers 24.8%
- Debt to equity
- n/a
- EPS (TTM)
- ₹4.05
- OPM (TTM)
- 29.6%
- Net margin 19.7%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 4.48
Strengths and risks
Strengths
- Return on equity of 30.0%.
- Return on capital employed of 38.0%.
- P/E of 22.7 against an industry P/E of 33.8.
About SJP Ultrasonics
SJP Ultrasonics Limited operates as an end-to-end plastic joining and automation solution providers. Plastic joining solutions segment provides advanced ultrasonic process equipment, its solutions include ultrasonic plastic welding in vibration welding, hot plate welding, spin welding and heat staking, and IR welding, as well as ultrasonic generator, and ultrasonic booster/converter. It also provides plastic joining automation and industrial automation;…
- Headquarters
- Palghar
- Sector
- Industrials
- ISIN
- INE0S4601017
- Website
- sjpultrasonics.in
Price range
- Avg volume (3M)
- 1.4 L
- 1-year return
- plus 26.0%
- From 52-week high
- minus 22.7%
Peers · Specialty Industrial Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHELBharat Heavy Electricals | 418.80 | plus 0.17% | 1,45,829 | 50.6 | 74.6 | 6.6% | 10.1% | 0.22 | 13.5% | plus 56.4% |
| ABBABB India | 6,774.00 | plus 2.20% | 1,43,547 | 92.3 | 68.2 | 28.5% | 13.8% | 0.02 | 15.4% | plus 26.4% |
| SIEMENSSiemens | 3,560.00 | plus 3.73% | 1,26,779 | 86.1 | 59.3 | 16.5% | 10.4% | 0.02 | 3.0% | plus 10.0% |
| CUMMINSINDCummins India | 4,048.80 | minus 0.25% | 1,12,233 | 49.8 | 41.7 | 35.0% | 19.1% | 0.00 | 16.1% | minus 6.0% |
| GVT&DGE Vernova T&D India | 4,018.00 | minus 3.06% | 1,02,879 | 71.3 | 56.6 | 58.5% | 26.5% | 0.01 | 31.1% | plus 31.7% |
| SUZLONSuzlon Energy | 38.80 | plus 0.54% | 53,337 | 23.7 | 17.3 | 24.8% | 16.7% | 0.07 | 41.4% | minus 35.7% |
| AIAENGAIA Engineering | 3,113.60 | minus 2.77% | 29,056 | 23.5 | 19.6 | 19.9% | 27.4% | 0.00 | −3.4% | minus 3.9% |
| SJPSJP Ultrasonics | 92.00 | minus 5.83% | 119 | 22.7 | 15.0 | 38.0% | 29.6% | – | 32.5% | plus 26.0% |
| Median of 7 peers | – | 0.17% | 1,12,233 | 50.6 | 56.6 | 24.8% | 16.7% | 0.02 | 15.4% | 10.0% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +32.5%
- Profit CAGR 3Y
- +54.8%
- ROE
- 30.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.4 | 15.1 | 21 | 26.6 | |
| – | +32.8% | +38.6% | +26.5% | |
| 8.7 | 9.6 | 14.1 | 18.3 | |
| 2.7 | 5.5 | 6.9 | 8.3 | |
| 23.8% | 36.6% | 32.7% | 31.2% | |
| 0 | 0 | 0.1 | −0.1 | |
| 0.3 | 0.4 | 0.9 | 0.8 | |
| 0.4 | 0.3 | 0.5 | 0.4 | |
| 0 | −0.1 | – | −0 | |
| 2.1 | 4.7 | 5.5 | 7 | |
| 34.2% | 28.3% | 24.2% | 25.4% | |
| 1.4 | 3.4 | 4.2 | 5.2 | |
| – | +140.8% | +22.6% | +25.6% | |
| 1.09 | 2.63 | 3.22 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.1 | 1.1 | 9.4 | 9.4 | |
| 2.2 | 5.6 | 5.4 | 10.6 | |
| 1.5 | 2 | 2.4 | 5.8 | |
| 7.9 | 8.2 | 9.8 | 9.3 | |
| 12.8 | 17 | 27.1 | 35.2 | |
| 0.8 | 1.1 | 1.1 | 0.8 | |
| 0.8 | 1.1 | 1 | 0.5 | |
| 11.1 | 14.7 | 25 | 33.9 | |
| 12.8 | 17 | 27.1 | 35.2 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.8 | 0.1 | −2.9 | −2.7 | |
| 0.1 | −0 | −0.6 | −0.3 | |
| −0.2 | 0.1 | 3.4 | 2.5 | |
| −0.9 | 0.2 | −0 | −0.6 | |
| −0.1 | −0.9 | −0.6 | −0.4 | |
| −0.9 | −0.8 | −3.5 | −3.1 |
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.