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Tempsens Instruments (India) Ltd (TEMPSENS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544886 NSE: TEMPSENS Engineering - Industrial Equipments | Small Cap | Tempsens Instrum.(I) Share Price

₹584.60 2.60 (0.45%)

As on 11-Sep'26 16:59

Tempsens Instruments (India) Ltd (TEMPSENS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544886 NSE: TEMPSENS Engineering - Industrial Equipments | Small Cap | Tempsens Instrum.(I) Share Price

₹584.60 2.60 (0.45%)

As on 11-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹4,901 Cr.
Current Price
₹584.6
52-Week Low / High
₹535 / 635
TTM EPS
₹8
TTM Sales
₹445 Cr.
Book Value per Share
₹70.5
P/E Ratio
72.77
Industry PE
58.4
Price to Book (P/B)
8.29
Price to Sales (P/S)
11.02
EV/EBITDA
44.30
Dividend Yield
0.06%
Profitability Efficiency
Return on Equity (ROE)
15.34%
Outperforms industry median
Return on Capital Employed (ROCE)
18.58%
Outperforms industry median
Return on Assets (ROA)
11.73%
Operating Profit Margin
22.6%
Net Profit Margin
15.97%
Gross Profit Margin
23.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
13.41%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
10.51%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
13.6%
Asset Quality
Promoter Holding
65.67%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹558 Cr.
Equity
₹33.5 Cr.
Face Value
₹4
All Time Low / High
₹534.55 / 635.00

Tempsens Instruments (India) stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Tempsens Instruments (India) Ltd a good quality company?
Tempsens Instruments (India) 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 Tempsens Instruments (India) Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Tempsens Instruments (India) Ltd vs industry peers?
Tempsens Instruments (India) Ltd revenue CAGR is 26.29%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Tempsens Instruments (India) Ltd?
Promoters hold 65.67% of the Tempsens Instruments (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Tempsens Instruments (India) Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% 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.
Tempsens Instruments (India) 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 % 18.2%19.2%22.8%20.8%27.2%37%29.8%27.5%22.3%17.2%-
Value Creation
Index
0.30.40.60.51.01.61.11.00.60.2-

Growth Parameters

Sales 78.694.7117115138194240276367417417
Sales YoY Gr.-20.4%24.1%-2.1%20.4%40%23.9%14.9%33.1%13.4%-
Adj EPS 11.11.71.93.36.667.477.57.6
YoY Gr.-14.7%51.4%16.4%74%98.5%-9.8%23.8%-5.8%8.2%-
BVPS (₹) 78.29.911.915.423.627.238.651.959.568.5
Adj Net
Profit
4.85.68.49.81730.130.437.656.260.863
Cash Flow from Ops. 10.111.13.816.19.613.821.536.747.835.6-
Debt/CF from Ops. 2.51.84.81.72.31.81.20.81.52-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 20.4%24.7%20.2%13.4%
Adj EPS 25.9%17.7%8%8.2%
BVPS26.9%31%29.8%14.6%
Share Price - - - -

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
14.714.518.217.624.532.524.822.518.313.511.8
Op. Profit
Mgn %
14.113.212.71319.421.518.320.223.721.5NAN
Net Profit
Mgn %
6.15.97.18.512.315.512.713.615.314.615.2
Debt to
Equity
0.70.50.40.50.30.20.20.20.20.2-
Working Cap
Days
1711611481681621521591501341750
Cash Conv.
Cycle
10690799497100110107981170

Valuation of Tempsens Instrum.(I) - Consolidated

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!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales115138194237275379445
Operating Expenses + 100112152192220287344
Manufacturing Costs4410891316
Material Costs6880115148167201240
Employee Cost 12141526305064
Other Costs 16141310142424
Operating Profit 152741455591101
Operating Profit Margin (%) 13.0%19.4%21.4%18.9%20.1%24.1%22.6%
Other Income + 42533411
Exceptional Items 0000000
Interest 2222236
Depreciation 344551214
Profit Before Tax 14244144548394
Tax 461011132123
Profit After Tax 10183133416371
PAT Margin (%) 8.9%12.7%15.8%14.0%14.9%16.5%16.0%
Adjusted EPS (₹)2.03.56.86.58.17.58.4
Dividend Payout Ratio (%)0%0%0%0%0%1%4%
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 6281111157205430496
Share Capital 22222332
Reserves 6079109155203427464
Debt +27222526307175
Long Term Debt168810968
Short Term Debt10141816216568
Minority Interest0000-01228
Trade Payables1010913161420
Others Liabilities 14172017212441
Total Liabilities 112129165214271551661

Fixed Assets

Net Fixed Assets +5454647999286299
Gross Block69738784109308331
Accumulated Depreciation1519225102231
CWIP 0102201
Investments 23428401740
Inventories192331595786112
Trade Receivables24334435466486
Cash Equivalents 3241147134
Others Assets 10141710132689
Total Assets 112129165214271551661
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 16101424375442
PBT 14244144548394
Adjustment 56433910
Changes in Working Capital 1-14-21-12-8-17-41
Tax Paid -4-6-10-11-12-21-21
Cash Flow From Investing Activity + -20-4-12-25-27-93-26
Capex -21-4-14-23-27-30-12
Net Investments 000-2-1-65-6
Others 102012-7
Cash Flow From Financing Activity + 7-7-0-0236-6
Net Proceeds from Shares 00-20000
Net Proceeds from Borrowing 90-02-1-31
Interest Paid -2-2-2-1-2-2-5
Dividend Paid 00000-1-3
Others -0-54-14420
Net Cash Flow 3-12-112-310
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)16.6424.6532.0524.8722.6419.715.34
ROCE (%)18.2426.73628.7126.9423.3218.58
Asset Turnover Ratio1.031.151.321.281.160.940.75
PAT to CFO Conversion(x)1.60.560.450.730.90.860.59
Working Capital Days
Receivable Days777572.506052.805260.60
Inventory Days61.5056.1051.4067.6075.506880.10
Payable Days51.7043.403027.7031.4027.3026.20

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Tempsens Instruments (India) Ltd FAQs

The current trading price of Tempsens Instrum.(I) on 11-Sep-2026 16:59 is ₹584.6.

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 10-Sep-2026 the market cap of Tempsens Instrum.(I) stood at ₹4,900.9 Cr

The latest P/E ratio of Tempsens Instrum.(I) as of 10-Sep-2026 is 77.28.

The latest P/B ratio of Tempsens Instrum.(I) as of 10-Sep-2026 is 8.53.

The 52-week high of Tempsens Instrum.(I) is ₹635.0 and the 52-week low is ₹534.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tempsens Instrum.(I) is ₹417 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tempsens Instruments (India) Ltd is a good quality company.

The key valuation ratios of Tempsens Instruments (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tempsens Instruments (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Tempsens Instruments (India) Ltd

Tempsens Instruments (India) was incorporated as ‘Tempsens Instruments (India) Private Limited’ as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation dated September 14, 1990, issued by the Registrar of Companies, Rajasthan at Jaipur.

Tempsens Instruments (India) is a thermal engineering and specialised cable manufacturer, engaged in the design and manufacture of customized temperature sensing solutions, electrical heating solutions and specialised cables. Its offerings are tailored to address each customer’s technical requirements. By combining its technical expertise with a collaborative approach to customer relationships, it delivers solutions that address complex thermal management and cable challenges across diverse industries. With its strong sales and operations teams, it is able to respond quickly to client needs, ensuring timely and effective delivery of its customised solutions. 

The company offers a diverse product portfolio structured around three core verticals: temperature sensing solutions, electrical heating solutions and specialised cables. Its products play a critical role in ensuring the safe, efficient and reliable operation of manufacturing processes across multiple industries. The company demonstrates its capabilities through a diverse portfolio of project/original equipment manufacturer (Project/OEM) engagements and a steadily recurring maintenance, repair and operations (MRO) replacement business.

Business area of the company

Tempsens Instruments (India), along with its subsidiaries and its joint ventures, is engaged in the business of thermocouples, thermowells, wires & cables, infrared pyrometers, imagers, furnace camera systems, calibration equipment, industrial furnace and other related activities.

Products of the company

Temperature Sensing Solutions

  • Thermocouple
  • Resistance Temperature Detector (RTD)
  • Infrared pyrometer
  • Online thermal imager
  • Furnace monitoring camera
  • Temperature and pressure gauge
  • Temperature calibrator
  • Level switch and gauge
  • Diaphragm seals
  • Fiber optic temperature sensor
  • Heat flux sensor

Electrical Heating Solutions

  • Immersion heater
  • Process heater
  • Cartridge heater
  • Band heater
  • Coil heater
  • Floor heating mats
  • Furnace heater
  • Laboratory electrical furnaces
  • Process electrical furnaces

Specialised Cable Solutions

  • Low-voltage (LV) control cable
  • LV power cable
  • Instrumentation cable
  • Heat trace cable
  • Thermocouple and RTD cable
  • Mineral insulated metal sheath cable
  • Nickel alloy conductors

Awards, accreditations and recognition

  • 2005: ‘Commendation award’ at the Rajiv Gandhi National Quality Awards, 2005 in recognition of the company’s efforts and commitment to quality in the field of electrical and electronic industry.
  • 2011-12: Certificate of excellence at 44th EEPC India, Regional Awards for Export Excellence 2011-12 for being star performer in the product group electric motors, generators and transformers and parts medium enterprise.
  • 2015-16: ‘Rajasthan State Award for Export Excellence’ from the Department of Industries, Government of Rajasthan in recognition of its best performance in the category of engineering and computer hardware during the year 2015-16.
  • 2016: ‘Award for Export Excellence’ from EEPC India for being star performers in product groups for 2012-13 (silver shield) of miscellaneous electrical machinery and apparatus (including electricity distribution and control apparatus) in small enterprise category.
  • 2019: ‘Rajasthan State Export Award - 2019’ from the Department of Industries, Government of Rajasthan in recognition of the Company’s ‘Highest Export Turnover’ in the category of Engineering during the year 2018-19.
  • 2019: ‘Manufacturing Award - Mid-size Enterprise 2019’ from the Udaipur Chamber of Commerce and Industry.
  • 2020: Certification of ‘EU type examination certificate’ from Intertek Italia S.p.A. to Marathon Heater’s product, ‘flameproof electric heaters’ for compliance with EN IEC 60079-0:2018, EN 60079-1:2014 and EN 60079-31:2014 standards.
  • 2020: ‘President’s certificate for Manufacturing Award - Medium Enterprise 2020’ from the Udaipur Chamber of Commerce and Industry.
  • 2021: IECEx Certificate of Conformity from International Electrotechnical for the company’s equipment, ‘flameproof temperature sensor’ for compliance with IEC 60079-0:2017, IEC 60079-1:2014-06 and IEC 60079-31:2013 standards.
  • 2021: Certification of ‘EU type examination certificate’ from Intertek Italia S.p.A. to the company’s product, ‘flameproof temperature sensor’ for compliance with EN IEC 60079-0:2018, EN 60079- 1:2014 and EN 60079-31:2014 standards.
  • 2021: ‘President’s certificate’ for Manufacturing-Medium Enterprise category from the Udaipur Chamber of Commerce and Industry.
  • 2023: ‘ArcGate Manufacturing Award’ in medium enterprise category from the Udaipur Chamber of Commerce and Industry.
  • 2024: Certificate of compliance from Ascenair Management Private Limited for compliance of its products with the requirement of the directive low voltage equipment (2014/35/EU).
  • 2024: Certificate of accreditation from National Accreditation Board for Testing and Calibration Laboratories to the company’s calibration center at Unit-I in accordance with ‘ISO/IEC 17025:2017’ standard for general requirements for the competence of testing and calibration laboratories.
  • 2025: ‘Award for Export Excellence’ from EEPC India, Northern Region for being star performers in product groups for 2021-2022 and 2022-2023 of industrial and scientific instruments and parts in large enterprise category.
  • 2025: Certificate of compliance from Ascenair Management Private Limited for compliance of its products with the requirements of the directive low voltage equipment (2014/35/EU).
  • 2025: Certificate of authorization from the American Society of Mechanical Engineers in relation to manufacture of pressure vessels at Unit-I.
  • 2025: Certifications from TUV India Private Limited in accordance with the requirements of ISO 14001:2015, ISO 45001:2018 and ISO 9001:2015.

History and milestones

  • 1990: Incorporated as a private limited company.
  • 1991: Executed a partnership deed with Virendra Prakash Rathi and Manohar Kumari Talesara to become one of the partners in the partnership firm, M/s Tempsens, which was engaged in the business of manufacturing, purchase, supply and fixing of electronic instruments/industrial instruments and allied engineering goods.
  • 1994: Acquisition of business of the partnership firm, M/s Tempsens, which was established in 1984.
  • 1998-2000: Started acting as an authorized distributor in India for certain manufacturers of electrical equipment situated in England, Germany and Netherlands.
  • 2002: Registered as a ‘manufacturer’ for temperature sensor and spares with a public sector undertaking in the steel industry.
  • 2005: Established a laboratory certified by National Accreditation Board for Testing and Calibration Laboratories for thermal calibration.
  • 2009: Commenced manufacturing of thermocouple cables.
  • 2013: Commenced manufacturing of mineral insulated cables.
  • 2016: Commenced manufacturing of nickel alloys.
  • 2017: Entered into a memorandum of understanding with Tan Willy Sianto and Felix Nurdin pursuant to which its joint venture company, PT. Tempsens Asia Jaya, was incorporated. 
  • 2019: Entered into a license agreement with an Indian space agency for grant of license to utilize the knowhow of heat flux sensor (water cooled) for manufacture and sale in India.
  • 2021: Established Unit-IV for manufacturing of PVC cables. 
  • 2023: Entered into a memorandum of understanding with Matheen Ahmed Chilmi, Nadeem Mohammed Khan and Petrosolutions FZE pursuant to which its Subsidiary, Tempsens Gulf LLC, was incorporated in the UAE.
  • 2024: Entered into a memorandum of understanding with Marco Lim pursuant to which its joint venture company, Tempsens Korea Co. Ltd., was incorporated. 
  • 2025: Amalgamation of Marathon Heater with the company pursuant to the Marathon Amalgamation Scheme which resulted in Pyrosens and Accurate Opto becoming Subsidiaries of the company.
  • 2025: Entered into a memorandum of understanding with David Julio Urdaneta Ocando for incorporation of a joint venture entity, Tempsens Mexico S.A. de C.V.
  • 2026: Entered into a shareholders’ agreement and a share subscription agreement, each among Kuldeep Jain, Nitin Jain and Techin Gauges India Private Limited, pursuant to which the company acquired one of its Subsidiaries, Tempsens Measurement and Control Private Limited.
  • 2026: Entered into a joint venture agreement with Victura Technologies Private Limited.
  • 2026: Entered into an agreement for sale and purchase of shares of Tempsens Instruments GmbH, pursuant to which Tempsens Instruments GmbH has become one of its Subsidiaries and Tempsens Polska has become one of its Step-Down Subsidiaries.

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