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On 6 Nov 2026, Systematic Industries was priced at ₹239.30, or 22.3× trailing earnings, against an industry P/E of 19.9×, and the shares are 20% below their 52-week high. It earns ROCE of 16% and ROE of 12%, and sales and net profit grew 20% and 49% a year over 3 years. Debt is 0.30× equity. It is listed on an SME platform with a market cap of ₹534 Cr, ranked 75th of 150 Steel companies by market cap; the shares rose 13% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Mar 2026.How we calculate this

past year
Open
₹243.25
Day high
₹245.00
Day low
₹239.00
Prev. close
₹245.70
Volume
9.6K

Health check

3 good · 3 fair
  • ReturnsIn line

    +13.5% over a year, better than 3 of 7 peers.

  • Price tagIn line

    P/E 22.3 vs industry 19.9.

  • GrowthStrong

    Sales +19.9%, profit +49.3% a year over 3 years.

  • ProfitabilityAverage

    ROCE 16.2% vs peer median 18.7%.

  • Balance sheetSolid

    Debt 0.30× equity, interest covered 6.1×, Piotroski 6 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹534 Cr, #75 of 150 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Mar 2026: sales ₹609 Cr · profit ₹24 Cr
Market cap
₹534 Cr
Small cap
P/E
22.3
Industry 19.9
Price to book
2.50
Peers 2.28
Dividend yield
0.00%
ROE
12.1%
Peers 23.4%
ROCE
16.2%
Peers 18.7%
Debt to equity
0.30
Debt ₹64 Cr
EPS (TTM)
₹10.74
OPM (TTM)
6.1%
Net margin 4.0%
Sales growth
+6.0%
Latest quarter vs a year ago
Profit growth
+4.2%
Latest quarter vs a year ago
Price to sales
0.88
EV/EBITDA 14.8

Strengths and risks

Strengths and risks

Nothing stands out either way in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Systematic Industries

Systematic Industries Limited engages in manufacturing and supplying various steel wires and cables in India and internationally. The company offers optical fiber cables; uni tube cable; multi tube cable armoured and unarmoured; all dielectric self supporting cable; and aerial cable. It also provides optical ground wire; aluminium clad steel wire; Zn+ Al alloy coated wires; steel wire products, such as galvanized steel core for acsr conductors, round and…

Headquarters
Mumbai
Employees
421
Sector
Basic Materials
ISIN
INE1KLZ01011
Website
systematicindustries.com

Price range

52 weeks

₹125.00₹298.95

Today

₹239.00₹245.00
Avg volume (3M)
45.9K
1-year return
plus 13.5%
From 52-week high
minus 20.0%

Peers · Steel

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
JSWSTEELJSW Steel1,357.10plus 0.11%3,31,26511.712.218.7%17.7%0.623.6%plus 14.7%
TATASTEELTata Steel186.30plus 2.36%2,32,39721.19.111.3%15.2%0.89−1.6%plus 1.5%
JINDALSTELJindal Steel1,165.00plus 1.31%1,18,59441.514.97.5%15.9%0.42−13.1%plus 6.4%
LLOYDSMELloyds Metals And Energy1,785.50minus 1.38%1,00,48219.118.819.4%37.4%1.2371.3%plus 37.4%
SAILSteel Authority of India171.60minus 0.41%70,88012.68.17.2%12.9%0.502.0%plus 24.7%
NMDCNMDC70.40minus 0.01%61,8948.36.228.4%30.0%0.1922.0%minus 5.2%
APLAPOLLOAPL Apollo Tubes2,185.30minus 0.41%60,67746.332.728.0%8.2%0.1712.6%plus 23.3%
SYSTEMATICSystematic Industries239.30minus 2.60%53422.314.416.2%5.6%0.0519.9%plus 13.5%
Median of 7 peers–−0.01%1,00,48219.112.218.7%15.9%0.503.6%14.7%

Quarterly results

Consolidated, ₹ crore · latest reported Mar 26
SalesSelect a row below to chart it
₹ CrMar 25Mar 26
282299
260278
22.320.4
7.9%6.8%
−1.50
4.21.5
1.53.2
15.115.7
25.5%25.3%
11.311.7
5.046.00

Jun 25, Sep 25, Dec 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+19.9%
Profit CAGR 3Y
+49.3%
ROE
12.1%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
320370446552
–+15.6%+20.6%+23.8%
307345412515
13.424.534.436.9
4.2%6.6%7.7%6.7%
1.11.922.6
46.97.55.5
1.92.94.46.3
−0.1––0.5
8.516.624.528.1
25.5%25.3%26.2%25.3%
6.312.418.121
–+96.5%+45.6%+16.4%
2.835.568.09–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
0.7116.822.3
4961.464.3179
62.37999.110
18.420.22023.7
130162200235
26.746.961.459.7
–21.10.91.9
0.81.2––
0.61.14.612.9
10291.3133160
130162200235

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−6.815.28.66.1
−15−24.5−18.8−2.4
21.99.812.64.6
0.20.52.38.3
−17.4−23−18.9−4.6
−24.1−7.8−10.41.5

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

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you