Photon Capital Advisors Share Price & Earnings Call Analysis
₹575.95+1.99% today
- Market cap
- ₹156 Cr
- P/E
- 136.08
- ROE
- 5.10%
- PEG
- 1.93
- Price to sales
- 87.92
- Debt to equity
- 0.00
- Sales growth (5Y)
- 180.29%
- EBITDA margin
- 52.81%
- Net profit margin
- 51.45%
- Promoter holding
- 54.47%
- Sales (last year)
- ₹2 Cr
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Financials of Photon Capital
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Photon Capital
Quarterly Results
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 0.05 | 0.06 | 0.05 | 0.07 | 0.06 | 0.07 | 0.06 | 0.07 | 0.06 | 0.06 | 0.06 | 0.04 | 0.05 |
| Expenses + | 0.15 | 0.14 | 0.13 | 0.11 | 0.22 | 0.07 | 0.19 | 0.12 | 0.42 | 0.18 | 0.16 | 0.13 | 0.16 |
| Operating Profit | -0.10 | -0.08 | -0.08 | -0.04 | -0.16 | -0.00 | -0.13 | -0.05 | -0.36 | -0.12 | -0.10 | -0.09 | -0.11 |
| OPM % | -200.00% | -133.33% | -160.00% | -57.14% | -266.67% | -0.00% | -216.67% | -71.43% | -600.00% | -200.00% | -166.67% | -225.00% | -220.00% |
| Other Income + | -0.00 | -0.00 | 0.15 | 0.04 | 0.16 | 0.25 | -0.00 | 0.25 | -0.00 | -0.00 | 0.08 | 0.31 | 0.34 |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | -0.10 | -0.08 | 0.07 | -0.00 | -0.00 | 0.21 | -0.14 | 0.19 | -0.37 | -0.13 | -0.03 | 0.21 | 0.22 |
| Tax % | -0.00% | 75.00% | -0.00% | 1,071.43% | -0.00% | -0.00% | -0.00% | 192.31% | -0.00% | -0.00% | -0.00% | ||
| Net Profit + | -0.10 | -0.14 | 0.07 | -0.00 | -0.00 | -2.04 | -0.14 | 0.19 | -0.37 | -0.37 | -0.03 | 0.22 | 0.22 |
| EPS in Rs | -0.66 | -0.92 | 0.46 | -0.00 | -0.00 | -13.48 | -0.92 | 1.26 | -2.44 | -2.44 | -0.20 | 1.45 | 1.45 |
Financials of Photon Capital
Profit & Loss
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1.88 | 0.50 | 0.35 | 3.08 | 0.09 | 0.12 | 0.01 | 0.36 | 0.21 | 0.25 | 0.25 | 0.21 |
| Expenses + | 3.65 | 0.76 | 0.64 | 0.44 | 0.94 | 0.55 | 0.42 | 0.44 | 0.52 | 0.54 | 0.66 | 0.63 |
| Operating Profit | -1.77 | -0.26 | -0.29 | 2.64 | -0.85 | -0.43 | -0.41 | -0.08 | -0.31 | -0.29 | -0.41 | -0.42 |
| OPM % | -94.15% | -52.00% | -82.86% | 85.71% | -944.44% | -358.33% | -4,100.00% | -22.22% | -147.62% | -116.00% | -164.00% | -200.00% |
| Other Income + | -0.01 | -0.00 | -0.00 | 0.57 | 0.93 | -0.00 | 0.39 | 2.00 | -0.00 | 0.60 | -0.00 | 0.73 |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 | -0.00 | 0.00 |
| Depreciation | 0.03 | 0.05 | 0.04 | 0.04 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.03 | 0.03 | 0.04 |
| Profit before tax | -1.81 | -0.31 | -0.33 | 3.17 | 0.08 | -0.43 | -0.02 | 1.92 | -0.31 | 0.27 | -0.44 | 0.27 |
| Tax % | -28.18% | -35.48% | -87.88% | 5.99% | 12.50% | 11.63% | 600.00% | 1.04% | 19.35% | 833.33% | 56.82% | |
| Net Profit + | -1.31 | -0.19 | -0.04 | 2.81 | 0.08 | -0.48 | -0.14 | 1.89 | -0.37 | -1.98 | -0.69 | 0.04 |
| EPS in Rs | -8.65 | -1.26 | -0.26 | 18.56 | 0.53 | -3.17 | -0.92 | 12.49 | -2.44 | -13.08 | -4.56 | 0.26 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Financials of Photon Capital
Balance Sheet
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.51 | 1.51 | 1.51 | 1.51 | 1.51 | 1.51 | 1.51 | 1.51 | 1.51 | 1.51 | 1.51 | 1.51 |
| Reserves | 9.75 | 9.50 | 9.48 | 12.28 | 9.65 | 9.13 | 9.02 | 9.10 | 8.72 | 6.73 | 6.02 | 6.21 |
| Borrowings + | 0.09 | 0.09 | 0.09 | 0.09 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.06 | 0.03 | 0.02 |
| Other Liabilities + | 0.85 | 0.80 | 0.81 | 1.56 | 0.05 | 0.04 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.02 |
| Total Liabilities | 12.20 | 11.90 | 11.89 | 15.44 | 11.21 | 10.68 | 10.58 | 10.65 | 10.26 | 8.33 | 7.60 | 7.76 |
| Fixed Assets + | 0.22 | 0.12 | 0.08 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.07 | 0.04 | 0.03 |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | 6.80 | 7.01 | 6.86 | 10.02 | 7.10 | 6.67 | 6.66 | 2.37 | 2.30 | 2.90 | 2.72 | 3.10 |
| Other Assets + | 5.18 | 4.77 | 4.95 | 5.38 | 4.09 | 3.99 | 3.90 | 8.26 | 7.94 | 5.36 | 4.84 | 4.63 |
| Total Assets | 12.20 | 11.90 | 11.89 | 15.44 | 11.21 | 10.68 | 10.58 | 10.65 | 10.26 | 8.33 | 7.60 | 7.76 |
Financials of Photon Capital
Cash Flows
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -0.59 | -0.54 | -0.22 | -1.00 | -0.44 | -0.41 | -0.45 | -0.56 | -0.57 | -0.47 | |
| Cash from Investing Activity + | 0.58 | -0.07 | 0.22 | -4.97 | 0.41 | 0.43 | 4.86 | -3.74 | 0.52 | 0.72 | |
| Cash from Financing Activity + | 0.50 | -0.00 | -0.00 | 6.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.03 | -0.03 | |
| Net Cash Flow | 0.49 | -0.61 | -0.00 | 0.03 | -0.03 | 0.02 | 4.41 | -4.30 | -0.08 | 0.22 | |
| Free Cash Flow | -0.59 | -0.55 | -0.22 | -1.00 | -0.44 | -0.41 | -0.45 | -0.56 | -0.57 | -0.47 | |
| CFO/OP | 33% | 208% | 76% | 116% | 102% | 100% | 562% | 181% | 197% | 115% |
Financials of Photon Capital
Ratios
Working capital efficiency and return ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Inventory Days | |||||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Working Capital Days | -7.77 | 73.00 | -10.43 | -71.10 | 162.22 | 91.25 | 1,095.00 | -0.00 | 69.52 | 58.40 | 14.60 |
| ROCE % | -2.50% | -2.79% | 23.81% | -3.94% | -0.19% | 18.16% | -2.98% | 3.02% | -5.55% |