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Epigral Ltd (EPIGRAL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543332 NSE: EPIGRAL Chemicals | Small Cap | Epigral Share Price

₹1,170 39.45 (3.49%)

As on 04-Jun'26 16:59

Epigral Ltd (EPIGRAL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543332 NSE: EPIGRAL Chemicals | Small Cap | Epigral Share Price

₹1,170 39.45 (3.49%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5,048 Cr.
Current Price
₹1,170
52-Week Low / High
₹806 / 2,114
TTM EPS
₹77.2
TTM Sales
₹2,527 Cr.
Book Value per Share
₹514.9
P/E Ratio
15.16
Lower than its 5-year historical median
Industry PE
50.2
Price to Book (P/B)
2.27
Lower than its 5-year historical median
Price to Sales (P/S)
2.00
Lower than its 5-year historical median
EV/EBITDA
9.63
Lower than its 5-year historical median
Dividend Yield
0.62%
Profitability Efficiency
Return on Equity (ROE)
16.15%
Outperforms industry median
Return on Capital Employed (ROCE)
15.69%
Outperforms industry median
Return on Assets (ROA)
10.01%
Operating Profit Margin
22.4%
Net Profit Margin
13.18%
Gross Profit Margin
19.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-0.9%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-20.21%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
-6.64%
Asset Quality
Promoter Holding
68.83%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2,178 Cr.
Equity
₹43.1 Cr.
Face Value
₹10
All Time Low / High
₹386.35 / 2408.35

Epigral stock performance

Key Ratios
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Check Before You Invest

Valuation

Undervalued

Price Trend

Semi Strong
Q.1 Is Epigral Ltd a good quality company?
Epigral Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Epigral Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Epigral Ltd vs industry peers?
Epigral Ltd revenue CAGR is 24.99%, compared to the industry median CAGR of 7.53%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Epigral Ltd?
Promoters hold 68.83% of the Epigral Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Epigral Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of 10.74% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Epigral Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 18.5%37.9%36.9%15.9%16.7%29.4%32.2%17.5%25.2%15.7%-
Value Creation
Index
0.31.71.60.10.21.11.30.30.90.1-

Growth Parameters

Sales 3925987106118291,5512,1881,9292,5502,5272,527
Sales YoY Gr.-52.6%18.9%-14.1%35.7%87.2%41.1%-11.8%32.2%-0.9%-
Adj EPS 9.32243.526.72460.484.146.380.675.977.2
YoY Gr.-135.2%97.8%-38.5%-10.1%151.3%39.4%-45%74.1%-5.9%-
BVPS (₹) 51.173.168.489.7113.9174.7257.3301.8441.2514.9514.9
Adj Net
Profit
66.115517911199.8251350192348327333
Cash Flow from Ops. 138225261165229284626398441436-
Debt/CF from Ops. 0.90.31.53.22.43.51.42.41.31.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 23%25%4.9%-0.9%
Adj EPS 26.2%25.9%-3.4%-5.9%
BVPS29.3%35.2%26%16.7%
Share Price - - 6.9% -34.8%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
20.135.435.420.615.835.63916.62215.915
Op. Profit
Mgn %
36.842.743.931.831.532.931.52527.922.422.4
Net Profit
Mgn %
16.92625.218.212.116.2161013.61313.2
Debt to
Equity
0.30.10.80.90.81.40.80.80.30.30.2
Working Cap
Days
81757984777569878511251
Cash Conv.
Cycle
3528253426404140365610

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales3925987106118291,5512,1881,9292,5502,527
Operating Expenses + 2473423994165671,0411,4991,4481,8391,960
Manufacturing Costs4048385270163234227274325
Material Costs1732382552753857611,1151,0611,3531,430
Employee Cost 141621334152698198116
Other Costs 214083577165827911489
Operating Profit 144255312194261509689481711567
Operating Profit Margin (%) 36.8%42.7%43.9%31.8%31.5%32.9%31.5%24.9%27.9%22.4%
Other Income + 1414978971515
Exceptional Items 0000000000
Interest 1493017344867735372
Depreciation 555554447486109124133168
Profit Before Tax 75195242141161383523291540342
Tax 940592960131169951839
Profit After Tax 67155183112101253353196357333
PAT Margin (%) 17.0%26.0%25.7%18.4%12.2%16.3%16.2%10.2%14.0%13.2%
Adjusted EPS (₹)9.422.044.427.024.360.885.047.182.777.2
Dividend Payout Ratio (%)0%0%0%0%0%0%5.90%10.60%7.30%6.50%

Valuation of Epigral - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 3625174935836847261,0691,2541,9042,221
Share Capital 71712522522524242424343
Reserves 2914472413314326841,0281,2131,8602,178
Debt +6034368438416848636768498448
Long Term Debt451365418340768545547449334
Short Term Debt153322075809222150114
Minority Interest0000000000
Trade Payables183336477388110184186260
Others Liabilities 8279147204276461617588564576
Total Liabilities 5226631,0441,2731,4492,1242,4322,7943,1513,505

Fixed Assets

Net Fixed Assets +3983472954401,1021,0681,8041,7672,2382,117
Gross Block4974984996881,4241,4752,3202,4062,9672,974
Accumulated Depreciation99150204248321407516639729857
CWIP 37946869112658915848364451
Investments 2971000021219723
Inventories2830414854154212263388349
Trade Receivables44777776119256166179232417
Cash Equivalents 051290125157225
Others Assets 2054341647315676110144
Total Assets 5226631,0441,2731,4492,1242,4322,7943,1513,505

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 138225261165229284626398441436
PBT 75195242141161383523291540342
Adjustment 73617056103130170196178231
Changes in Working Capital 1078-4-6-16941-38-167-64
Tax Paid -20-38-59-28-29-60-107-51-110-73
Cash Flow From Investing Activity + -63-167-217-363-197-455-437-401-262-355
Capex -35-122-303-369-197-456-416-398-186-385
Net Investments -28-112822-01-1-3-7530
Others 0684400-20001
Cash Flow From Financing Activity + -76-588569-32195-200-8-164-94
Net Proceeds from Shares 0015000003330
Net Proceeds from Borrowing 00350110-47239-6417-112-86
Interest Paid -14-9-9-37-40-48-60-72-66-49
Dividend Paid 00-3000-10-10-32-15
Others -62-49-268-4544-6558-28855
Net Cash Flow -0-0129-129124-11-1115-14

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)20.2635.3745.7534.2323.8542.1639.3716.8522.5916.15
ROCE (%)18.4537.9236.8815.916.7429.432.217.525.2215.69
Asset Turnover Ratio0.841.040.850.550.630.91.020.770.910.8
PAT to CFO Conversion(x)2.061.451.431.472.271.121.772.031.241.31
Working Capital Days
Receivable Days37.103638.8044.2041.6042.7033.3031.4027.9044.30
Inventory Days26.6017.1017.7025.6021.8023.7028.8043.2044.1050.30
Payable Days47.8039.5049.8055.2056.8038.6032.5050.6049.8056.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Epigral Ltd FAQs

The current trading price of Epigral on 04-Jun-2026 16:59 is ₹1,170.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Epigral stood at ₹5,047.5 Cr

The latest P/E ratio of Epigral as of 03-Jun-2026 is 15.16.

The latest P/B ratio of Epigral as of 03-Jun-2026 is 2.27.

The 52-week high of Epigral is ₹2,114.3 and the 52-week low is ₹806.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Epigral is ₹2,527 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Epigral Ltd is a good quality company.

The key valuation ratios of Epigral Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Epigral Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Epigral Ltd

Meghmani Finechem Limited (MFL) is a Public Company limited by shares domiciled in India, incorporated under the provisions of Companies Act, 1956. The registered office of the company is located at GIDC Industrial Estate, Dahej, Tal. Vagara, Dist. Bharuch, Gujarat.

It is an ISO 9001 and ISO 14001-certified company founded in 2007 and recognised as one of the leading producers of chlor alkali and its Derivatives with backward and forward integration facilities. The Company meets the global essential chemicals demand with responsible care and with large-scale growth, while committing to quality and environment integrity.

MFL works out of an advanced automated production facility, which is equipped to address international standards in the manufacture of Caustic Soda, Caustic Potash, Chlorine, Hydrogen, Chloromethanes and Hydrogen Peroxide. The Company aims to service domestic as well as export markets, contributing towards the ‘Make in India’ initiative.

Business area of the company

The Company is primarily engaged in manufacturing and selling of Chlor Alkali & its Derivatives. The Company is also engaged in Trading of Agrochemical products.

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