TONBO share price, P/E, ROE & financials

On 6 Nov 2026, Tonbo Imaging India was priced at ₹1,472.40, or 304.2× trailing earnings, against an industry P/E of 54.7×, and the shares are 10% below their 52-week high. It earns ROCE of 13% and ROE of 9.8%, and sales grew 62% a year over 3 years. Debt is 0.31× equity. It is a small-cap company with a market cap of ₹8,434 Cr, ranked 15th of 27 Aerospace & Defense companies by market cap; the shares rose 30% over the past year.

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

past year

Open: ₹1,550.00
Day high: ₹1,644.00
Day low: ₹1,424.00
Prev. close: ₹1,530.30
Volume: 1.4 Cr

Health check

3 good · 3 to check

ReturnsAhead
+29.9% over a year, better than 6 of 7 peers.
Price tagPricier
P/E 304.2 vs industry 54.7.
GrowthStrong
Sales +62.3%, profit +250.5% a year over 3 years.
ProfitabilityWeak
ROCE 12.6% vs peer median 20.4%.
Balance sheetSolid
Debt 0.31× equity, interest covered 17.0×.
Red flags3 to check
Quarterly profit down 426.6% on a year ago.

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

Aerospace & Defense

26 listed peers. Screen the industry

Small cap

₹8,434 Cr, #15 of 27 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹504 Cr · profit ₹61 Cr

Market cap: ₹8,434 Cr; Small cap
P/E: 304.2; Industry 54.7
Price to book: 14.46; Peers 9.16
Dividend yield: 0.00%
ROE: 9.8%; Peers 23.2%
ROCE: 12.6%; Peers 20.4%
Debt to equity: 0.31; Debt ₹176 Cr
EPS (TTM): ₹4.84; Face value ₹2
OPM (TTM): 19.6%; Net margin 12.1%
Sales growth: −47.5%; Latest quarter vs a year ago
Profit growth: −426.6%; Latest quarter vs a year ago
Price to sales: 16.75; EV/EBITDA 72.4

Risks to check

Quarterly profit down 426.6% on a year ago.
Quarterly sales down 47.5% on a year ago.
P/E of 304.2 against an industry P/E of 54.7.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Tonbo Imaging India

Tonbo Imaging India Limited designs, develops, and manufactures electro-optical and infrared sensing, processing, communication, and guidance systems for defense, surveillance, and security applications. The company's tactical products include thermal imaging cores, weapon sights, hand-held thermal imaging binoculars, and targeting systems. It also manufactures platform-level products, such as fire control systems, missile seekers, and missile guidance…

Headquarters: Bengaluru
Employees: 339
Sector: Industrials
ISIN: INE0LDG01026
Website: tonboimaging.com

Price range

52 weeks

₹1,013.70₹1,644.00

Today

₹1,424.00₹1,644.00

Avg volume (3M): 71.9 L
1-year return: plus 29.9%
From 52-week high: minus 10.4%

Peers · Aerospace & Defense

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
HALHindustan Aeronautics	4,980.00	minus 1.25%	3,33,050	35.7	28.5	13.8%	25.3%	0.00	6.4%	plus 7.6%
BELBharat Electronics	396.00	plus 0.23%	2,89,467	45.3	33.7	31.9%	28.2%	0.00	15.5%	minus 4.8%
MAZDOCKMazagoan Dock Shipbuilders	1,840.00	plus 0.05%	74,222	30.3	21.9	28.5%	16.2%	0.08	19.6%	minus 31.5%
BDLBharat Dynamics	1,060.00	minus 1.40%	38,856	74.6	152.1	7.2%	12.8%	0.00	−0.9%	minus 27.4%
COCHINSHIPCochin Shipyard	1,220.00	minus 1.05%	32,096	47.2	30.3	16.7%	12.6%	0.28	26.9%	minus 30.3%
GRSEGarden Reach Shipbuilders & Engineers	2,135.70	minus 0.07%	24,465	30.6	25.8	36.8%	11.0%	0.01	40.0%	minus 16.4%
DATAPATTNSData Patterns (India)	3,767.70	minus 4.85%	21,093	87.8	54.8	20.4%	39.6%	0.00	26.8%	plus 46.6%
TONBOTonbo Imaging India	1,472.40	minus 3.78%	8,434	304.2	82.2	–	−59.5%	0.26	62.3%	plus 29.9%
Median of 7 peers	–	−1.05%	38,856	45.3	30.3	20.4%	16.2%	0.00	19.6%	−16.4%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

₹ Cr	Jun 25	Jun 26
	67.8	35.6
	52.4	47.6
	15.4	−12.1
	22.7%	−33.9%
	0.5	0.1
	0.6	2.4
	7.1	8.4
	−0.4	−1
	7.7	−23.7
	29.4%	25.3%
	5.4	−17.7
	0.95	-3.10

Sep 25, Dec 25, Mar 26 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +62.3%
Profit CAGR 3Y: +250.5%
ROE: 9.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
83.7	383	464	358
–	+357.6%	+21.2%	minus 23.0%
73	249	305	250
10.7	134	159	108
12.8%	35.0%	34.2%	30.2%
1.1	1.4	−0.7	1
6.4	5.4	12.6	4.4
1.6	13.4	26.6	31.3
−2.4	−22.2	−19.8	−3.3
1.4	94.6	99.3	70
13.6%	27.5%	26.7%	27.3%
1.2	68.5	72.8	50.9
–	+5703.8%	+6.1%	minus 30.1%
0.21	11.97	12.70	–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
14.4	61.1	0.7	11.5
1.4	108	489	542
44.5	105	88.1	125
111	300	148	105
171	575	726	782
6.5	13.5	34.6	45
0.1	0.1	1	12.6
10.7	13.6	78.2	59.7
39.7	116	102	45.8
114	432	511	619
171	575	726	782

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
23.1	78.3	−136	−63.2
−10.4	−190	−24.7	−32.3
−8.2	188	147	32.2
4.4	76	−13.7	−63.3
−12.1	−194	−28.8	−39.3
11	−115	−165	−103

Shareholding pattern

Source: NSE filings

14.6%

promoters

Promoters14.56%
Public82.11%
Employee trusts3.33%
As of 22 Oct 2026

Quarter	Split	Promoters	Public	Promoter change
22 Oct 2026		14.56%	82.11%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you