XPRO India Ltd
NSE: XPROINDIA BSE: 590013
XPRO India Ltd incorporated in 1997, is a diversified multi-divisional company in the polymer processing industry.[1]
₹1,065
52W: ₹785 — ₹1332
PE 88.7 · Book ₹297 · +259% vs bookMarket Cap₹2,500 Cr
Stock P/E88.7Price to Earnings
ROCE9.45%Return on Capital
ROE7.51%Return on Equity
Div. Yield0.19%Face Value ₹10
Weaknesses
- −The company has delivered a poor sales growth of 8.57% over past five years.
- −Company has a low return on equity of 11.3% over last 3 years.
- −Earnings include an other income of Rs.14.0 Cr.
- −Dividend payout has been low at 9.42% of profits over last 3 years
- −Debtor days have increased from 44.0 to 53.0 days.
- −Promoter holding has decreased over last 3 years: -11.1%
Shareholding Pattern
Promoters40.32%
FIIs13.89%
DIIs2.89%
Public42.88%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 42.46% | 42.46% | 42.24%▼0.2 | 42.42%▲0.2 | 42.42% | 40.32%▼2.1 | 40.32% | 40.32% |
| FIIs | 15.04% | 14.92%▼0.1 | 14.31%▼0.6 | 14.01%▼0.3 | 13.76%▼0.3 | 14.44%▲0.7 | 14.63%▲0.2 | 13.89%▼0.7 |
| DIIs | 3.1% | 2.9%▼0.2 | 2.99%▲0.1 | 2.99% | 3.01%▲0.0 | 3.4%▲0.4 | 3.13%▼0.3 | 2.89%▼0.2 |
| Public | 39.34% | 39.69%▲0.3 | 40.41%▲0.7 | 40.52%▲0.1 | 40.76%▲0.2 | 41.8%▲1.0 | 41.89%▲0.1 | 42.88%▲1.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 109.97 | 96.14 | 128.41 | 138.53 | 133.98 | 104.55 | 158.21 | 144.9 | 119.91 | 106.31 |
| Expenses | 95.1 | 80.95 | 111.62 | 122.48 | 120.46 | 93.81 | 145.71 | 138.04 | 112.73 | 95.28 |
| Operating Profit | 14.87 | 15.19 | 16.79 | 16.05 | 13.52 | 10.74 | 12.5 | 6.86 | 7.18 | 11.03 |
| OPM % | 13.52% | 15.8% | 13.08% | 11.59% | 10.09% | 10.27% | 7.9% | 4.73% | 5.99% | 10.38% |
| Net Profit | 9.48 | 10.68 | 12.43 | 14.02 | 10.83 | 9.68 | 9.29 | 4.3 | 5.86 | 8.73 |
| EPS ₹ | 4.59 | 5.17 | 5.64 | 6.36 | 4.91 | 4.36 | 4.17 | 1.93 | 2.5 | 3.72 |
AI Insights
Revenue Trend
TTM revenue at ₹529Cr, down 1.1% YoY. OPM at 7%.
Debt Position
Borrowings at ₹125Cr. Debt-to-equity ratio: 0.19x. Healthy balance sheet.
Capex Cycle
CWIP at ₹208Cr (141% of fixed assets). Significant capex underway — growth runway building.
Institutional Flow
DIIs: 2.89% (+2.12pp change). FIIs: 13.89% (+13.81pp change). Promoters hold 40.32%.
Margin & Efficiency
ROCE improving from -1% (Mar 2014) to 9% (Mar 2025). Working capital days: 39.
Valuation
PE 88.7x with 9.45% ROCE. Price is 259% above book value of ₹297. Dividend yield: 0.19%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 May - Q4 and FY26 earnings call scheduled for May 22, 2026 at 2:00 PM IST.
- Board Meeting Intimation for Financial Results And Dividend 13 May - Board meeting on May 20, 2026 to approve FY26 audited results and consider dividend.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 13 May - Crisil monitoring report confirms full utilization of QIP and preferential issue proceeds for quarter ended March 31, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 May - Newspaper Advertisement -Special Window for Physical Shares
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 2 May - Postal ballot approved Sidharth Kumar Birla’s reappointment for three years, effective March 1, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse