On 6 Nov 2026, Sudal Industries was priced at ₹45.59, or 8.9× trailing earnings, against an industry P/E of 17.0×, and the shares are 51% below their 52-week high. It earns ROCE of 17% and ROE of −3.7%, and sales grew 4.2% a year over 3 years. Debt is 0.67× equity. It is a small-cap company with a market cap of ₹38 Cr, ranked 18th of 22 Aluminum companies by market cap; the shares fell 49% over the past year.
- ₹45.50
- ₹46.45
- ₹45.50
- ₹47.60
- 119
Health check
- ReturnsBehind
−48.8% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 8.9 vs industry 17.0.
- GrowthSlow
Sales +4.2% a year over 3 years.
- ProfitabilityAverage
ROCE 16.6% vs peer median 16.4%.
- Balance sheetFair
Debt 0.67× equity, interest covered 2.8×, Piotroski 6 of 9.
- Red flags2 to check
Return on equity is low at −3.7%.
Small cap
Defensive
Key metrics
- Market cap
- ₹38 Cr
- Small cap
- P/E
- 8.9
- Industry 17.0
- Price to book
- 1.59
- Peers 2.90
- Dividend yield
- 0.00%
- ROE
- −3.7%
- Peers 10.3%
- ROCE
- 16.6%
- Peers 16.4%
- Debt to equity
- 0.67
- Debt ₹16 Cr
- EPS (TTM)
- ₹5.12
- OPM (TTM)
- 8.2%
- Net margin 0.9%
- Sales growth
- +27.4%
- Latest quarter vs a year ago
- Profit growth
- +667.4%
- Latest quarter vs a year ago
- Price to sales
- 0.20
- EV/EBITDA 3.2
Strengths and risks
Strengths
- Quarterly profit up 667.4% on a year ago.
- Quarterly sales up 27.4% on a year ago.
- P/E of 8.9 against an industry P/E of 17.0.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at −3.7%.
- 51% below its 52-week high.
About Sudal Industries
Sudal Industries Limited manufactures, supplies, and sells aluminum extrusions and aluminum-based alloys primarily in India. It provides architectural hollow and solid products, channels, conveyors, angles, flat bars, hexagonal bars and tubes, ladders, lugs and blooms, rectangular tubes, round bars and tubes, square tubes and bars, and T sections. The company also offers aluminum products for display section, automobile, electrical and electronics, form…
- Headquarters
- Mumbai
- Employees
- 151
- Sector
- Basic Materials
- ISIN
- INE618D01015
- Website
- sudal.co.in
Price range
- Avg volume (3M)
- 5.5K
- 1-year return
- minus 48.8%
- From 52-week high
- minus 51.2%
Peers · Aluminum
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HINDALCOHindalco Industries | 958.40 | plus 2.19% | 2,12,749 | 11.1 | 9.4 | 9.4% | 9.0% | 0.73 | 7.1% | plus 12.8% |
| VAMLVedanta Aluminium Metal | 376.05 | minus 0.80% | 1,46,816 | 22.2 | – | – | 41.3% | 1.05 | – | minus 24.2% |
| NATIONALUMNational Aluminium Co. | 325.75 | minus 1.59% | 59,828 | 8.4 | 6.5 | 33.3% | 43.8% | 0.00 | 7.8% | plus 41.9% |
| CMRGREENCMR Green Technologies | 218.29 | plus 2.16% | 4,782 | 17.8 | 13.0 | 19.8% | 4.5% | 0.83 | 17.4% | minus 9.5% |
| ARFINArfin India | 94.15 | minus 1.23% | 1,589 | 86.4 | 33.6 | 20.8% | 6.9% | 0.76 | 4.3% | plus 74.7% |
| BELDINGBelding India | 820.05 | minus 2.76% | 1,187 | – | – | 0.3% | −1377.7% | 0.04 | −89.7% | minus 10.8% |
| MMPMMP Industries | 427.35 | plus 0.66% | 1,086 | 21.7 | 19.4 | 12.9% | 8.4% | 0.53 | 15.2% | plus 50.9% |
| SUDAISudal Industries | 45.59 | minus 4.22% | 38 | 8.9 | 4.5 | 16.6% | 8.2% | 0.67 | 4.2% | minus 48.8% |
| Median of 7 peers | – | −0.80% | 4,782 | 19.7 | 13.0 | 16.4% | 8.4% | 0.73 | 7.4% | 12.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 41.7 | 45 | 45.4 | 49.5 | 53.1 | |
| 39.8 | 42.5 | 42.2 | 45.3 | 47.2 | |
| 1.9 | 2.4 | 3.2 | 4.2 | 6 | |
| 4.5% | 5.4% | 7.1% | 8.5% | 11.2% | |
| 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | |
| 0.7 | 0.6 | 0.7 | 0.3 | 0.4 | |
| 0.6 | 1.4 | 0.6 | 3.2 | 0.9 | |
| 0.7 | 0.5 | 2 | 0.9 | 4.7 | |
| 43.0% | −25.8% | 230.5% | 31.8% | 32.6% | |
| 0.4 | 0.7 | −2.6 | 0.6 | 3.1 | |
| 0.49 | 0.78 | -0.07 | 0.70 | 3.71 |
Profit & loss
- Sales CAGR 3Y
- +4.2%
- ROE
- −3.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 156 | 141 | 151 | 177 | |
| – | minus 9.5% | +7.0% | +16.9% | |
| 151 | 133 | 138 | 165 | |
| 5.4 | 7.7 | 12.7 | 12 | |
| 3.4% | 5.5% | 8.4% | 6.8% | |
| 0.6 | −0 | 3 | 0.4 | |
| 23.7 | 9.1 | 3 | 2.2 | |
| 2.4 | 1.8 | 2.1 | 5.8 | |
| −13.3 | 125 | −3 | −0.3 | |
| −33.4 | 122 | 7.7 | 4.1 | |
| – | 0.5% | 25.8% | 122.2% | |
| −33.4 | 121 | 5.7 | −0.9 | |
| – | – | minus 95.3% | minus 115.9% | |
| -45.30 | 152.01 | 6.81 | -1.08 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.4 | 8.4 | 8.4 | 8.4 | |
| −110 | 10.9 | 16.5 | 15.5 | |
| 151 | 24.6 | 21.4 | 16 | |
| 13 | 12.3 | 17.8 | 23.6 | |
| 61.5 | 56.2 | 64.1 | 63.5 | |
| 32.8 | 35 | 35.6 | 30.9 | |
| 0.5 | 1.5 | – | 0.6 | |
| 0 | 0 | 0 | – | |
| 1.6 | 1.5 | 1.6 | 0.7 | |
| 26.6 | 18.2 | 26.8 | 31.2 | |
| 61.5 | 56.2 | 64.1 | 63.5 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.2 | 10.5 | 9.6 | 8.4 | |
| −4.3 | −4.6 | −3 | −1.8 | |
| −0.4 | −6.1 | −6.5 | −7.5 | |
| −0.5 | −0.1 | 0.2 | −0.9 | |
| −4.6 | −4.7 | −3 | −1.8 | |
| −0.4 | 5.9 | 6.5 | 6.6 |
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.