Expo Engineering and Projects Q1 FY27 Share Price & Earnings Call Analysis

₹88.22+3.79% today
Market cap
₹229 Cr
P/E
190.72
ROE
4.89%
PEG
79.14
Price to sales
3.57
Debt to equity
0.38
52W high / low
₹98.2 / ₹47.8
Sales growth (5Y)
7.21%
EBITDA margin
8.90%
Net profit margin
2.55%
Promoter holding
55.72%
Sales (last year)
₹64 Cr

Incorporated in 1982, Expo Gas Ltd manufactures Pressure Vessels, Columns & Towers, etc and is also involved in site engineering projects[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. 3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹448 Cr17.9
240%+Up 2%+₹413 Cr12.0
340%+Up 2%+₹324 Cr22.7
440%+Up 0–2%₹1,496 Cr32.8
540%+Up 0–2%₹1,079 Cr12.7
640%+Flat₹827 Cr21.4

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Financials of Expo Engineering

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Expo Engineering

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +31.0518.5515.9614.9626.2317.7131.9025.3139.8317.8515.0018.1017.28
Expenses +33.2317.0514.6113.3624.9516.3130.1123.5136.4815.9413.0016.5716.40
Operating Profit-2.181.501.351.601.281.401.791.803.351.912.001.530.88
OPM %-7.02%8.09%8.46%10.70%4.88%7.91%5.61%7.11%8.41%10.70%13.33%8.45%5.09%
Other Income +0.110.000.000.000.130.000.000.000.150.000.000.000.17
Interest1.001.030.971.191.211.001.010.950.950.761.050.910.98
Depreciation0.090.120.120.120.090.110.120.180.050.110.100.110.07
Profit before tax-3.160.350.260.290.110.290.660.672.501.040.850.510.00
Tax %-3.16%0.00%0.00%0.00%236.36%0.00%0.00%0.00%37.60%0.00%0.00%0.00%
Net Profit +-3.050.350.270.29-0.160.290.660.671.571.040.850.51-0.66
EPS in Rs-1.600.180.140.15-0.080.130.290.290.690.460.370.22-0.29

Financials of Expo Engineering

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +60.2844.5036.1550.0360.0649.1248.1772.6480.2275.70114.7468.23
Expenses +52.4740.7931.4844.2754.2244.8643.1167.4473.8169.93106.4061.91
Operating Profit7.813.714.675.765.844.265.065.206.415.778.346.32
OPM %12.96%8.34%12.92%11.51%9.72%8.67%10.50%7.16%7.99%7.62%7.27%9.26%
Other Income +0.123.061.070.120.041.440.140.46-3.700.090.150.18
Interest4.404.994.284.183.994.424.044.004.564.403.913.71
Depreciation0.740.620.640.650.640.610.560.530.460.440.460.38
Profit before tax2.791.160.821.051.250.670.601.13-2.311.024.122.41
Tax %31.18%50.86%86.59%91.43%20.00%47.76%503.33%46.90%-4.33%25.49%22.82%27.80%
Net Profit +1.930.560.110.091.000.36-2.420.60-2.210.763.181.74
EPS in Rs1.010.290.060.050.530.19-1.270.32-1.160.401.390.76
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Financials of Expo Engineering

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital7.617.617.617.617.617.617.617.617.617.619.129.12
Reserves14.4615.0315.1315.2216.2316.5814.1714.7212.7313.5822.7230.16
Borrowings +23.0226.2726.8629.6332.3438.0040.4541.0841.4240.9231.1332.63
Other Liabilities +9.2110.699.5612.5910.1614.3612.8217.0718.2516.7318.9515.08
Total Liabilities54.3059.6059.1665.0566.3476.5575.0580.4880.0178.8481.9286.99
Fixed Assets +7.177.136.505.985.354.984.433.933.513.144.905.19
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets +47.1352.4752.6659.0760.9971.5770.6276.5576.5075.7077.0281.80
Total Assets54.3059.6059.1665.0566.3476.5575.0580.4880.0178.8481.9286.99

Financials of Expo Engineering

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-0.19-1.31-2.19-0.91-4.85-5.74-2.41-0.580.201.065.46-6.41
Cash from Investing Activity +-0.13-0.58-0.01-0.130.00-0.24-0.01-0.03-0.04-0.08-2.22-0.67
Cash from Financing Activity +0.873.250.602.762.705.662.440.640.34-0.50-2.277.00
Net Cash Flow0.561.35-1.601.72-2.15-0.320.030.020.500.480.97-0.08
Free Cash Flow-0.32-1.89-2.20-1.04-4.85-5.98-2.42-0.610.160.983.24-7.08
CFO/OP5%-29%-36%-2%-76%-129%-43%3%3%22%77%-101%

Financials of Expo Engineering

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days93.91122.79161.15129.35122.27139.10108.8169.0429.3023.3965.1873.24
Inventory Days2,167.511,218.091,153.23472.06427.58525.34488.26628.20681.21788.09366.891,105.84
Days Payable690.13365.48290.70146.8189.67196.8080.07166.45132.1584.94100.13160.38
Cash Conversion Cycle1,571.30975.401,023.67454.60460.18467.64517.00530.79578.37726.53331.941,018.70
Working Capital Days106.08152.07205.17167.00165.00215.7981.3853.5669.9880.3379.05142.19
ROCE %16.45%13.09%10.35%10.25%9.65%8.60%7.46%8.17%9.71%8.82%12.84%9.08%

What Expo Engineering's management said in earlier quarters

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