On 6 Nov 2026, Arka Defence & Locomotives was priced at ₹102.45, or 683.0× trailing earnings, against an industry P/E of 17.0×, and the shares are close to their 52-week high. Its ROCE of 2.0% is the lowest among the 7 largest Textile Manufacturing peers, and sales grew 118% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹117 Cr, ranked 109th of 246 Textile Manufacturing companies by market cap; the shares rose 2193% over the past year.
- ₹102.00
- ₹102.45
- ₹102.00
- ₹100.45
- 1.3K
Health check
- ReturnsAhead
+2193.4% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 683.0 vs industry 17.0.
- GrowthStrong
Sales +118.5% a year over 3 years.
- ProfitabilityWeak
ROCE 2.0% vs peer median 10.7%.
- Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
- Red flags2 to check
Return on equity is low at 2.8%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹117 Cr
- Small cap
- P/E
- 683.0
- Industry 17.0
- Price to book
- 28.36
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 2.8%
- Peers 10.1%
- ROCE
- 2.0%
- Peers 10.7%
- Debt to equity
- 0.05
- Debt ₹0.20 Cr
- EPS (TTM)
- ₹0.15
- OPM (TTM)
- 17.8%
- Net margin 17.2%
- Sales growth
- +2216.6%
- Latest quarter vs a year ago
- Profit growth
- +5481.8%
- Latest quarter vs a year ago
- Price to sales
- 110.47
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 5481.8% on a year ago.
- Quarterly sales up 2216.6% on a year ago.
Risks to check
- Return on equity is low at 2.8%.
- P/E of 683.0 against an industry P/E of 17.0.
About Arka Defence & Locomotives
Arka Defence & Locomotives Limited engages in the manufacture and processing of textiles, blankets, and processed cloth in India. It is involved in infrastructure-related projects and services related to the railway and defence sectors.The company was formerly known as Source Industries (India) Limited. Arka Defence & Locomotives Limited was incorporated in 1984 and is based in Hyderabad, India.
- Headquarters
- Hyderabad
- Employees
- 5
- Sector
- Consumer Cyclical
- ISIN
- INE695C01015
- Website
- sourceindustriesindia.com
Price range
- Avg volume (3M)
- 1.5K
- 1-year return
- plus 2193.4%
- From 52-week high
- 0.0%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| SOURCEINDArka Defence & Locomotives | 102.45 | plus 1.99% | 117 | 683.0 | 28.36 | 2.0% | 2.8% | 17.8% | 118.5% | – | 0.00% | plus 2193.4% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0 | 0.1 | 0.1 | 0.3 | 0.5 | |
| 0 | 0 | 0.1 | 0.3 | 0.4 | |
| 0 | 0 | 0 | 0 | 0.1 | |
| 5.1% | 55.1% | 23.5% | 14.5% | 12.2% | |
| 0 | 0 | 0 | 0 | −0 | |
| 0 | 0 | 0 | 0 | 0.1 | |
| – | 25.8% | – | −26.4% | – | |
| 0 | 0 | 0 | 0.1 | 0.1 | |
| – | 0.03 | 0.02 | 0.05 | 0.05 |
Profit & loss
- Sales CAGR 3Y
- +118.5%
- ROE
- 2.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.1 | 0.1 | 0.1 | 0.5 | |
| – | +26.3% | +108.8% | +295.6% | |
| 0.1 | 0.2 | 0.1 | 0.5 | |
| −0.1 | −0.1 | 0 | 0.1 | |
| −145.0% | −221.2% | 5.8% | 16.2% | |
| 0 | 0 | −0 | 0 | |
| 0 | 0 | – | – | |
| −0.1 | −0.1 | 0 | 0.1 | |
| −0.1 | −0.1 | 0 | 0.1 | |
| -0.07 | -0.13 | 0.01 | 0.11 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.4 | 11.4 | 11.4 | 11.4 | |
| −7 | −7.1 | −7.1 | −7 | |
| 0.2 | 0.2 | 0.2 | 0.2 | |
| 0.1 | 0.1 | 0.1 | 0.3 | |
| 4.7 | 4.6 | 4.6 | 4.9 | |
| 1.8 | 1.8 | 1.6 | 1.6 | |
| 1.8 | 1.8 | 1.6 | 1.6 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 1 | 0.9 | 1.3 | 1.7 | |
| 4.7 | 4.6 | 4.6 | 4.9 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.1 | −0 | −0.2 | −0.1 | |
| – | – | 0.2 | – | |
| −0 | 0 | −0 | – | |
| 0 | −0 | 0.1 | −0.1 | |
| 0.1 | −0 | −0.2 | −0.1 |
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.