Is Ishan International Ltd (ISHAN) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ishan International Ltd is a below average quality company .

Is Ishan International Ltd (ISHAN) undervalued or overvalued?

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

What is Ishan International Ltd (ISHAN) share price return in the past 10 years?

Data is not available for this company

Is Ishan International Ltd (ISHAN) a good buy now?

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

What is the share price of Ishan International Ltd (ISHAN)?

Company share prices are keep on changing according to the market conditions. The current trading price of Ishan International Ltd (ISHAN) on 01-Jan-1970 05:30:00 at 05:30 is .

What is the P/E ratio of Ishan International?

The latest standalone P/E ratio of Ishan International as of 01-Jan-1970 is 65.40.

What is the P/B ratio of Ishan International Ltd (ISHAN)?

The latest standalone P/B ratio of Ishan International Ltd (ISHAN) as of 01-Jan-1970 is 0.62.

What is the 52-week high and low of Ishan International Ltd (ISHAN)?

The 52-week high of Ishan International Ltd (ISHAN) is Rs. 0.00 and the 52-week low is Rs. 0.00.

Ishan International Ltd (ISHAN) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Ishan International Ltd (ISHAN)
Brand: Ishan International

Key Metrics

Market Cap

₹14 Cr.

P/E Ratio

65.40

Price to Book (P/B)

0.62

Price to Sales (P/S)

0.19

EV/EBITDA

17.46

Return on Capital Employed (ROCE)

2.87%

Current Price

₹0

Return on Equity (ROE)

0.93%

Return on Assets (ROA)

0.26%

Operating Profit Margin

0.1%

Net Profit Margin

0.3%

Gross Profit Margin

0.6%

Book Value per Share

₹1

Sales Growth (YoY)

141.12%

Sales Growth (3 Years)

50.95%

Operating Profit Growth (1 Year)

-52.38%

Operating Profit Growth (3 Years)

-65.38%

Net Profit Growth (1 Year)

-63.16%

52-Week Low / High

₹0 / 0

Net Profit Growth (3 Years)

-44.31%

Dividend Yield

0.00%

Promoter Holding

48.32%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Stock return of Ishan International Ltd over the last decade?

Over the last 3 year(s), the stock has delivered a CAGR of -69.59% based on the current price.

Q.1 Revenue growth of Ishan International Ltd?

Ishan International Ltd revenue growth is 141.1% for FY-2025, which is above its 5-year CAGR of 27.09%, indicating faster growth.

Q.1 Which industry/sub-sector does Ishan International Ltd belong to?

Ishan International Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Engineering segment.

Q.1 Promoter shareholding and pledge status of Ishan International Ltd?

Promoters hold 48.32% of the Ishan International Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Ishan International Ltd vs industry peers?

Ishan International Ltd revenue CAGR is 27.09%, compared to the industry median CAGR of 11.42%, indicating faster growth and gaining its market share.

DeciZen - make an informed investing decision on Ishan International

Based on:

Data

M-Cap below 100cr DeciZen not available

Ishan International stock performance

Key Ratios

Is Ishan International Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	12.6%	13.1%	12.5%	12.7%	8.6%	9.4%	20.1%	6.3%	4.9%	2.9%	-
Value Creation Index ⓘ	-0.1	-0.1	-0.1	-0.1	-0.4	-0.3	0.4	-0.6	-0.7	-0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	15.5	21.9	17	26.7	21.9	22.2	21.1	35.7	30.1	72.7	73
Sales YoY Gr.	-	41.4%	-22.3%	57.2%	-18.1%	1.4%	-4.9%	69%	-15.6%	141.1%	-
Adj EPS ⓘ	0.1	0.1	0.1	0	0	0	0.1	0	0	0	0
YoY Gr.	-	40%	-28.6%	-20%	-25%	-33.3%	350%	-77.8%	-50%	-100%	-
BVPS (₹) ⓘ	0.6	0.7	0.8	0.8	0.9	0.9	0.4	1.1	1.1	1	1
Adj Net Profit ⓘ	0.2	0.3	0.3	0.2	0.2	0.1	1.4	0.5	0.2	0	0
Cash Flow from Ops. ⓘ	0.8	0	0	1.8	-0.3	-0.2	-0.5	-6.1	0.5	-0.3	-
Debt/CF from Ops. ⓘ	7.3	0	0	3.1	-17.9	-31.3	-17.5	-0.8	12.8	-20.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	18.7%	27.1%	51%	141.1%
Adj EPS ⓘ	-100%	-100%	-100%	-100%
BVPSⓘ	5.7%	3.6%	35.3%	-5.5%
Share Price	-	-	-70.3%	-35%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	7.8	10	7.3	5.6	3.3	2.7	24.8	3.5	0.7	0.1	1
Op. Profit Mgn % ⓘ	-25.1	-8.8	-23	3.6	0.7	2.9	11.4	3.7	0.7	0.1	NAN
Net Profit Mgn % ⓘ	1.6	1.6	1.7	0.9	0.7	0.6	6.6	1.5	0.6	0	0.3
Debt to Equity ⓘ	1.9	1.4	1.3	1.2	1.2	1.5	1.4	0.2	0.3	0.3	-
Working Cap Days ⓘ	221	179	240	148	191	187	243	215	673	369	0
Cash Conv. Cycle ⓘ	72	42	61	29	24	36	120	87	93	-63	0

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0	0
TTM Sales (₹ Cr.)	72.7	35.7
BVPS (₹) ⓘ	1	1.8
Reserves (₹ Cr.) ⓘ	1	17
P/BV ⓘ	0.62	0.37
PE ⓘ	65.40	27.13

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	14.1
Equity (₹ Cr.)	21.6
Face Value (₹)	1
Industry PE ⓘ	77.2

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Ishan International - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	15.49	21.90	17.01	26.74	21.91	22.21	21.12	35.70	30.13	72.65
Operating Expenses ⓘ +	19.37	23.82	20.92	25.77	21.75	21.57	18.71	34.38	29.92	72.56
Manufacturing Costs	0.15	0.11	0.05	0.02	0.03	0.02	0.08	0.05	0.04	0.04
Material Costs	13.05	17.05	15.28	19.52	16.53	17.41	15.36	27.88	22.38	67.37
Employee Cost	1.92	1.77	2.04	2.50	2.46	2.17	1.19	1.28	2.19	2.08
Other Costs ⓘ	4.25	4.90	3.55	3.73	2.74	1.98	2.07	5.17	5.31	3.06
Operating Profit ⓘ	-3.88	-1.93	-3.91	0.97	0.16	0.64	2.41	1.33	0.21	0.10
Operating Profit Margin (%)	-25.1%	-8.8%	-23.0%	3.6%	0.7%	2.9%	11.4%	3.7%	0.7%	0.1%
Other Income ⓘ +	4.97	3.16	5.13	0.34	0.81	0.50	0.62	0.22	1.39	0.90
Exceptional Items ⓘ	0	0	0	0	0	0	-0.27	0	0	0
Interest ⓘ	0.52	0.66	0.68	0.72	0.51	0.88	0.87	0.72	0.59	0.55
Depreciation ⓘ	0.07	0.07	0.11	0.09	0.08	0.06	0.05	0.18	0.16	0.15
Profit Before Tax ⓘ	0.50	0.51	0.44	0.50	0.38	0.20	1.83	0.66	0.84	0.29
Tax ⓘ	0.17	0.17	0.14	0.11	0.10	0.05	0.59	0.14	0.27	0.07
Profit After Tax	0.34	0.34	0.29	0.40	0.28	0.15	1.24	0.52	0.57	0.21
PAT Margin (%)	2.2%	1.5%	1.7%	1.5%	1.3%	0.7%	5.9%	1.5%	1.9%	0.3%
Adjusted EPS (₹)	0.1	0.1	0.1	0.1	0.1	0.0	0.1	0.0	0.0	0.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	3.25	3.59	4.13	4.53	4.81	4.96	6.20	23.82	23.70	22.58
Share Capital ⓘ	1.25	1.25	1.34	1.34	1.34	1.34	4.93	7.21	21.62	21.62
Reserves ⓘ	2	2.34	2.79	3.19	3.47	3.63	1.27	16.61	2.08	0.95
Debt +	5.45	4.55	4.50	5.02	4.76	6.30	7.62	4.52	5.67	5.89
Long Term Debt	0.95	0.56	1.30	0.71	1.58	1.73	1.32	0.90	0.74	0.32
Short Term Debt	4.50	3.99	3.20	4.31	3.18	4.58	6.30	3.62	4.94	5.57
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	2.55	6.44	5.47	4.32	5.29	1	1.74	5.13	5.67	38.97
Others Liabilities ⓘ	2.37	1.17	1.15	1.37	2.11	2.19	6.09	1.45	62.78	1.98
Total Liabilities ⓘ	13.61	15.74	15.25	15.24	16.97	14.45	21.64	34.91	97.82	69.42
Fixed Assets
Net Fixed Assets ⓘ +	0.15	0.35	0.31	0.23	0.22	0.16	1.62	1.46	1.73	1.76
Gross Block	0.87	1.15	1.21	1.22	1.25	1.25	2.65	2.67	3.10	3.28
Accumulated Depreciation	0.72	0.79	0.90	0.99	1.03	1.09	1.03	1.21	1.37	1.52
CWIP ⓘ	2.17	2.24	2.29	1.45	1.52	1.52	0	0	0	0
Investments ⓘ	0	0.08	0.13	1.03	1.04	1.08	0.84	4.34	4.56	4.59
Inventories	0	0	0	0	0	0.02	0.02	0.13	0.37	0.39
Trade Receivables	5.71	8.47	7.83	7.56	5.86	5.29	11.88	13.07	14.37	5.81
Cash Equivalents	1.12	1.73	1.45	1.87	1.89	1.20	1.51	4.75	4.84	2.83
Others Assets ⓘ	4.46	2.88	3.23	3.10	6.44	5.18	5.78	11.15	71.95	54.04
Total Assets ⓘ	13.61	15.74	15.25	15.24	16.97	14.45	21.64	34.91	97.82	69.42

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0.83	1.80	-0.32	-0.23	-0.49	-6.12	0.47	-0.29
PBT ⓘ	0.50	0.50	0.38	0.20	1.83	0.35	0.84	0.29
Adjustment ⓘ	0.47	0.79	0.44	0.63	0.72	0.61	0.21	0.36
Changes in Working Capital ⓘ	-0.09	0.61	-1.05	-1.01	-2.45	-7.08	-0.31	-0.87
Tax Paid ⓘ	-0.06	-0.11	-0.10	-0.05	-0.59	0	-0.27	-0.07
Cash Flow From Investing Activity ⓘ +	-0.63	-0.07	-0.01	0.19	0.48	-3.58	-0.27	0.16
Capex	-0.02	-0.01	-0.06	0	0	-0.02	-0.43	-0.18
Net Investments	0	0	-0.02	-0.04	0.24	-3.50	-0.22	-0.03
Others ⓘ	-0.61	-0.06	0.07	0.23	0.24	-0.06	0.39	0.37
Cash Flow From Financing Activity ⓘ +	0.12	-1.31	0.36	-0.65	0.30	12.95	-0.12	-1.87
Net Proceeds from Shares ⓘ	0	0	0	0	0.20	17.27	0	0
Net Proceeds from Borrowing ⓘ	0.63	-0.03	-0.02	0.15	-0.40	-0.43	-0.16	-0.42
Interest Paid ⓘ	-0.52	-0.72	-0.51	-0.80	-0.87	-0.65	-0.59	-0.55
Dividend Paid ⓘ	0	0	0	0	0	0	0	0
Others ⓘ	-0	-0.55	0.89	0	1.38	-3.25	0.63	-0.90
Net Cash Flow ⓘ	0.31	0.42	0.02	-0.69	0.30	3.25	0.08	-2

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	10.93	9.87	7.64	9.15	6.09	3.08	22.3	3.45	2.41	0.93
ROCE (%)	12.56	13.09	12.52	12.65	8.64	9.41	20.06	6.33	4.92	2.87
Asset Turnover Ratio	1.25	1.49	1.1	1.75	1.36	1.41	1.17	1.26	0.45	0.87
PAT to CFO Conversion(x)	2.44	0	0	4.5	-1.14	-1.53	-0.4	-11.77	0.82	-1.38
Working Capital Days
Receivable Days	137.30	118.20	174.90	105	111.70	91.60	148.30	127.50	166.20	50.70
Inventory Days	0	0	0	0	0	0.30	0.30	0.80	3.10	1.90
Payable Days	85.90	96.20	142.30	91.50	106.10	65.90	32.50	45	88.10	120.90

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Ishan International Ltd FAQs

The current trading price of Ishan International on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Ishan International stood at ₹14.06 Cr

The latest P/E ratio of Ishan International as of 31-Dec-1969 is 65.40.

The latest P/B ratio of Ishan International as of 31-Dec-1969 is 0.62.

The 52-week high of Ishan International is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ishan International is ₹72.65 ( Cr.) .

About Ishan International Ltd

The Company was originally incorporated as Ishan International Private Limited on May 29, 1995 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, New Delhi. Subsequently the name of the company was changed from “as Ishan International Private Limited” to “Ishan International Limited” under the Companies Act, 2013 pursuant to a special resolution passed by its shareholders at the EGM held on January 11, 2022 and had obtained fresh certificate of incorporation January 17, 2022 issued by the Registrar of Companies, New Delhi.

Ishan International is an ISO 9001: 2015 certified Company, GoI certified Star Export House and a diversified heavy engineering company with an history of 26+ years of experience in selling heavy engineering equipment in international markets. Established in 1995, its initial business was of pharmaceutical machinery and raw materials for pharmaceuticals ingredients and the company later diversified into heavy engineering. Its business is largely focused in international markets. In 1999, it established its 1st overseas office in Vietnam. Between 1999 and 2021, it has set up its overseas offices in Philippines, Indonesia, Hanoi (Vietnam), Ho Chi Minh City (Vietnam) and Kenya (in process). Its core strength Quality Management System in place under ISO 9001 : 2015.

Business area of the company

The company is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydro power plants and pollution control systems. It also provide high end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, Pollution Control Systems. It provides customized heavy equipment’s including the entire range of machinery for sugar, jaggery, pharmaceuticals, hydro power and pollution control.

Major Events and Milestones

1996: Obtained IEC (Import-Export Certificate).
1999: 1st Representative Offices in Vietnam.
2003: Become a Member of Engineering Export Promotion Council (EEPC).
2003: Promoter and Managing Director received the Highest Country Honor from Government of Vietnam.
2004: 2nd Resident Office in Philippines.
2009: Got Export House Certificate from the Government of India.
2009: 3rd Representative Office in Indonesia.
2010: Become a Member of Pharmexil.
2010: Got a AAA Rating from Bank of India.
2011: Become a Member of ASSOCHAM.
2012-2015: Promoter and Managing Director held the post of Chairman India- ASEAN Business Council.
2012: Got Drug License from MOH.
2012: EEPC Award for Excellence in Exports.
2012: Become a Member of Federation of Indian Export Organizations (FIEO).
2015 Got a Star Export House Certificate from Government of India
2018: ISO 9001 : 2015 Certification from TUV Nord.
2021: Started business operations in Kenya and East Africa.
2021: EEPC Award for Excellence in Exports.
2022: In process of entering into new collaborations with multi-national companies for Renewable Energy.

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Ishan International Ltd (ISHAN) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating