Tamboli Industries (TAMBOLIIN) had a P/E of 28.8× on 6 Nov 2026, above the industry P/E of 25.1×, and the shares are 19% below their 52-week high. Sales and net profit fell 1.2% and 2.4% a year over 3 years, with ROCE of 11% and ROE of 8.3%. It carries very little debt, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹306 Cr, ranked 41st of 71 Metal Fabrication companies by market cap; the shares rose 19% over the past year.
- ₹324.00
- ₹332.50
- ₹305.10
- ₹323.20
- 8.2K
Health check
- ReturnsBehind
+18.9% over a year, better than 1 of 7 peers.
- Price tagIn line
P/E 28.8 vs industry 25.1.
- GrowthShrinking
Sales −1.2%, profit −2.4% a year over 3 years.
- ProfitabilityAverage
ROCE 11.0% vs peer median 15.6%.
- Balance sheetSolid
Practically debt-free.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹306 Cr
- Small cap
- P/E
- 28.8
- Industry 25.1
- Price to book
- 2.50
- Peers 7.00
- Dividend yield
- 0.39%
- ROE
- 8.3%
- Peers 8.6%
- ROCE
- 11.0%
- Peers 15.6%
- Debt to equity
- 0.02
- Debt ₹2.43 Cr
- EPS (TTM)
- ₹10.71
- Face value ₹10
- OPM (TTM)
- 21.5%
- Net margin 12.9%
- Sales growth
- +10.3%
- Latest quarter vs a year ago
- Profit growth
- +64.3%
- Latest quarter vs a year ago
- Price to sales
- 3.72
- EV/EBITDA 17.0
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 64.3% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Tamboli Industries
Tamboli Industries Limited manufactures and sells fully machined precision components in India. It operates through three segments: Investment Activities, Trading Activities, and Manufacturing Activities. The company is involved in financial investment activities; and trading precious metal goods. Its products are used in pneumatics and automation, pumps, valves and turbo parts, general engineering, automobile, and aerospace applications. The company was…
- Headquarters
- Bhavnagar
- Employees
- 2
- Sector
- Industrials
- ISIN
- INE864J01012
- Website
- tamboliindustries.com
Price range
- Avg volume (3M)
- 17.2K
- 1-year return
- plus 18.9%
- From 52-week high
- minus 19.0%
Peers · Metal Fabrication
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BHARATFORGBharat Forge | 1,740.00 | minus 0.74% | 85,029 | 121.8 | 7.23 | 15.6% | 6.7% | 14.7% | 9.7% | 26.9% | 0.49% | plus 32.3% |
| INDOMIMINDO-MIM | 1,219.50 | minus 3.93% | 60,302 | 101.1 | 20.94 | 22.8% | 21.3% | 28.6% | 15.8% | 4.9% | 0.00% | plus 64.4% |
| PTCILPTC Industries | 24,335.00 | plus 0.04% | 38,564 | 290.6 | 23.73 | 7.9% | 8.6% | 24.6% | 40.7% | 57.8% | 0.00% | plus 41.4% |
| ZETWERKZetwerk Manufacturing Businesses | 164.89 | minus 1.10% | 27,937 | – | −2.47 | −13.0% | −36.0% | 0.1% | 56.9% | – | 0.00% | plus 19.3% |
| HAPPYFORGEHappy Forgings | 1,694.50 | minus 10.00% | 15,996 | 49.0 | 7.00 | 18.9% | 15.2% | 30.6% | 9.8% | 13.1% | 0.24% | plus 85.8% |
| RKFORGERamkrishna Forgings | 693.85 | minus 4.25% | 13,087 | 68.4 | 3.51 | 4.7% | 5.6% | 17.1% | 10.5% | −33.9% | 0.58% | plus 35.6% |
| GRAVITAGravita India | 1,493.90 | minus 0.07% | 10,883 | 27.3 | 4.11 | 18.1% | 16.2% | 9.3% | 14.9% | 23.5% | 0.52% | minus 15.4% |
| TAMBOLIINTamboli Industries | 308.45 | minus 4.56% | 306 | 28.8 | 2.50 | – | 8.7% | 21.5% | – | – | 0.39% | plus 18.9% |
| Median of 7 peers | – | −1.10% | 27,937 | 84.7 | 7.00 | 15.6% | 8.6% | 17.1% | 14.9% | 18.3% | 0.24% | 35.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 16.7 | 19.2 | 21.8 | 22.8 | 18.4 | |
| 14.5 | 15.9 | 17.1 | 16.9 | 14.7 | |
| 2.2 | 3.3 | 4.7 | 5.9 | 3.7 | |
| 13.2% | 17.3% | 21.5% | 25.9% | 20.3% | |
| 0.8 | 0.7 | 0.4 | 0.9 | 0.3 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 1.1 | 1.1 | 1 | 1.2 | 1.1 | |
| – | – | −0.6 | – | – | |
| 1.7 | 2.8 | 3.3 | 5.6 | 2.8 | |
| 25.3% | 31.8% | 24.8% | 26.5% | 25.9% | |
| 1.3 | 1.9 | 2.5 | 4.1 | 2.1 | |
| 1.28 | 1.95 | 2.52 | 4.13 | 2.11 |
Profit & loss
- Sales CAGR 3Y
- −1.2%
- Profit CAGR 3Y
- −2.4%
- EPS CAGR 3Y
- −2.4%
- ROE
- 8.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 83 | 75 | 68.5 | 80.1 | |
| – | minus 9.7% | minus 8.7% | +17.0% | |
| 65 | 60.6 | 53.8 | 63.7 | |
| 18.1 | 14.4 | 14.7 | 16.4 | |
| 21.8% | 19.2% | 21.4% | 20.5% | |
| 2.1 | 1 | 1.1 | 2.6 | |
| 1 | 0.2 | 0.6 | 0.4 | |
| 4.4 | 4.4 | 4.8 | 4.4 | |
| 0.1 | −0.2 | 0 | −0.8 | |
| 15 | 10.6 | 10.5 | 13.4 | |
| 29.5% | 29.2% | 26.8% | 27.0% | |
| 10.6 | 7.5 | 7.7 | 9.8 | |
| – | minus 28.7% | +2.5% | +27.1% | |
| 10.64 | 7.59 | 7.78 | 9.88 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.9 | 9.9 | 9.9 | 9.9 | |
| 93.5 | 100 | 104 | 113 | |
| 1.4 | 2.9 | 6.3 | 2.4 | |
| 14.3 | 12.9 | 7.2 | 9.8 | |
| 119 | 126 | 127 | 135 | |
| 32.9 | 33.7 | 35.3 | 33.7 | |
| 2.3 | 0.8 | 3.4 | 2.7 | |
| 11.7 | 7.9 | 11.2 | 8.5 | |
| 6.2 | 12 | 18 | 15.3 | |
| 66 | 71.3 | 59.4 | 74.4 | |
| 119 | 126 | 127 | 135 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 21 | 5 | 3.5 | 16.8 | |
| −5.1 | −7 | −3.6 | −14.8 | |
| −14.4 | 0.3 | 1.8 | −5.4 | |
| 1.4 | −1.6 | 1.7 | −3.4 | |
| −6.1 | −7.7 | −3.7 | −15 | |
| 14.9 | −2.8 | −0.2 | 1.8 | |
| −1 | −1 | −1 | −1 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.