MoneyWorks4Me

Xpro India Ltd (XPROINDIA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 590013 NSE: XPROINDIA Plastic Products | Small Cap | Xpro India Share Price

₹1,227.65 24.10 (2.00%)

As on 23-Sep'26 14:55

Xpro India Ltd (XPROINDIA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 590013 NSE: XPROINDIA Plastic Products | Small Cap | Xpro India Share Price

₹1,227.65 24.10 (2.00%)

As on 23-Sep'26 14:55

Key Metrics
Valuation Multiples
Market Cap
₹2,825 Cr.
Current Price
₹1,227.7
52-Week Low / High
₹785 / 1,572
TTM EPS
₹13.9
TTM Sales
₹535 Cr.
Book Value per Share
₹326.9
P/E Ratio
86.49
Higher than its 5-year historical median
Industry PE
36.7
Price to Book (P/B)
3.68
Lower than its 5-year historical median
Price to Sales (P/S)
5.28
Higher than its 5-year historical median
EV/EBITDA
40.91
Higher than its 5-year historical median
Dividend Yield
0.16%
Profitability Efficiency
Return on Equity (ROE)
2.94%
Underperforms industry median
Return on Capital Employed (ROCE)
4.00%
Underperforms industry median
Return on Assets (ROA)
1.75%
Operating Profit Margin
9.4%
Net Profit Margin
3.87%
Gross Profit Margin
8.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-5.57%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-35.91%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-48.53%
Asset Quality
Promoter Holding
40.31%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹744 Cr.
Equity
₹23.5 Cr.
Face Value
₹10
All Time Low / High
₹5.13 / 1675.55

Xpro India stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Overvalued

Price Trend

Semi Strong
Q.1 Is Xpro India Ltd a good quality company?
Xpro India Ltd is a average quality company, based on a somewhat consistent 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 Xpro India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Xpro India Ltd vs industry peers?
Xpro India Ltd revenue CAGR is 6.25%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Xpro India Ltd?
Promoters hold 40.31% of the Xpro India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Xpro India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 42.5% 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.
Xpro India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 4.4%11.5%8.5%7.9%12.6%22.2%25.2%15%9.4%5.8%-
Value Creation
Index
-0.7-0.2-0.4-0.4-0.10.60.80.1-0.3-0.6-

Growth Parameters

Sales 311304346355373472511465535505535
Sales YoY Gr.--2.2%13.7%2.5%5.2%26.4%8.3%-8.9%15%-5.6%-
Adj EPS -8.1-3.30.80.84.325.624.420.419.315.515.3
YoY Gr.-NANA-3.7%441.8%497.2%-4.5%-16.6%-5.1%-19.7%-
BVPS (₹) 39.144.745.946.550.775.9111.1232.1258.7304.9309
Adj Net
Profit
-14.2-5.81.51.47.645.344.544.943.136.536
Cash Flow from Ops. 23.334.328.739.347.948.782.9449.524.2-
Debt/CF from Ops. 9.25.564.22.81.80.40.8124.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.5%6.3%-0.4%-5.6%
Adj EPS NA29.4%-14%-19.7%
BVPS25.7%43.2%40%17.8%
Share Price 42.6% 30.5% 7% 3.2%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-18.9-7.91.81.78.834.621.911.37.35.55
Op. Profit
Mgn %
8.46.87.78.710.813.614.614.210.19.79.1
Net Profit
Mgn %
-4.6-1.90.40.429.68.79.68.17.26.7
Debt to
Equity
3.22.42.121.50.70.20.10.20.2-
Working Cap
Days
1131381251171159797131132156124
Cash Conv.
Cycle
4359535147454343425992

Valuation of Xpro India - 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 *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales319307347355373472511465535505
Operating Expenses + 293287320325333408437399486474
Manufacturing Costs35313534303948434953
Material Costs219218250256265326350316383351
Employee Cost 25232425283024273337
Other Costs 15141110101314142133
Operating Profit 26212730406474664932
Operating Profit Margin (%) 8.2%6.8%7.6%8.4%10.8%13.5%14.6%14.2%9.2%6.2%
Other Income + 4582224122018
Exceptional Items 02210000-200
Interest 2521201917138568
Depreciation 17161312121212111112
Profit Before Tax -121120134159605230
Tax 00005-414161411
Profit After Tax -12112084545443820
PAT Margin (%) -3.9%3.4%0.7%0.1%2.2%9.5%8.9%9.4%7.1%3.9%
Adjusted EPS (₹)-7.05.91.30.24.725.424.919.917.08.2
Dividend Payout Ratio (%)0%0%0%0%0%5.30%8%10%11.70%24.40%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 6980828290135202512570760
Share Capital 12121212121218222223
Reserves 5768707078123184489548736
Debt +194173151147109713037226276
Long Term Debt15113811810797641019201244
Short Term Debt4435334012720172531
Minority Interest00000000039
Trade Payables49565357725850497144
Others Liabilities 4036282737675788140111
Total Liabilities 3523443133123083303406851,0071,229

Fixed Assets

Net Fixed Assets +226202188188179168160151179390
Gross Block382349304314317316299301340561
Accumulated Depreciation157147116126138148139150161172
CWIP 014000322345299
Investments 0000055500
Inventories31383642414647466073
Trade Receivables57505753666651547869
Cash Equivalents 81951162330316265300
Others Assets 29352318152145918097
Total Assets 3523443133123083303406851,0071,229
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 24342938484983441320
PBT -121120134159605230
Adjustment 401427302824178320
Changes in Working Capital -612097-166-15-28-19
Tax Paid 2-2-1-1-1-11-9-14-11
Cash Flow From Investing Activity + -2287-6-1-10-58-320-113-161
Capex -239-5-6-2-5-36-38-287-141
Net Investments 0-1213-00-6-24-291156-34
Others 01-0000291814
Cash Flow From Financing Activity + -20-63-38-27-51-21-43278203151
Net Proceeds from Shares 00000000080
Net Proceeds from Borrowing -2-25-15-16-11-34-6541896
Interest Paid -17-30-20-18-16-13-10-9-5-7
Dividend Paid 0000000150-4-5
Others -1-9-27-2325311332477
Net Cash Flow 1-0-25-517-19110210
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-16.3714.182.870.499.7240.0426.9312.297.022.94
ROCE (%)4.7511.548.57.5812.7622.2125.2215.048.054
Asset Turnover Ratio10.911.061.141.21.481.520.910.630.45
PAT to CFO Conversion(x)N/A3.0914.5N/A61.091.8410.341
Working Capital Days
Receivable Days48.5061.7056.2056.4058.2051.4041.9041.4045.1053
Inventory Days31.1039.6038.904040.5033.5033.2036.5036.1048
Payable Days62.1057.8055.2059.4065.8051.3040.4044.5052.5060

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Xpro India Ltd FAQs

The current trading price of Xpro India on 23-Sep-2026 14:55 is ₹1,227.7.

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 22-Sep-2026 the market cap of Xpro India stood at ₹2,824.8 Cr

The latest P/E ratio of Xpro India as of 22-Sep-2026 is 78.45.

The latest P/B ratio of Xpro India as of 22-Sep-2026 is 3.89.

The 52-week high of Xpro India is ₹1,571.9 and the 52-week low is ₹785.3.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Xpro India is ₹535 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Xpro India Ltd is a average quality company.

The key valuation ratios of Xpro India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

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

About Xpro India Ltd

Xpro India is a diversified multi-divisional, multi-locational company with a strong commitment to the polymer processing industry. Established as a separate entity as recently as 1998,  the units comprising Xpro India have long been in existence. Xpro India Limited thus brings with it years of experience while embodying a robust and youthful organization.

The Birla Group is the foremost Indian industrial conglomerate, today, the Group has operations in over 12 countries and a turnover that exceeds $ 8 billion. In the initial years, the Group was only involved in commodity trading and in exports and imports. In 1918, the Group diversified out into manufacturing and set up its first jute mill. Since then, there has been no looking back.

Xpro India forms an integral part of India's largest and most reputed industrial house with a global presence in manufacturing and trading activities - the Birla Group, a conglomerate comprising of many divisions, each consisting of a number of publicly-listed companies and headed by a member of the Birla family. These companies, sharing a common ancestry dating back over 140 years, are engaged in a broad spectrum of business activities and possess an acknowledged track record of achievements in their respective fields, while emphasizing integrity, sound management and a progressive attitude.

Xpro India has a dedicated and highly committed work-force of well-trained employees placed at various locations. Manufacturing at all units is carried out by a team of qualified personnel under stringent quality standards. At Xpro, continuous product development and improvement are thrust areas and the underlying philosophy is to provide the highest level of satisfaction to customers through a deep commitment to excellence in every field.

Product range of the company includes:

  • BOPP Films
  • Coex Cast Films
  • Coex Sheets
  • Synthetic Resins
  • Thermoset Moulding Materials
  • Cotton Yarn

Achievements/ recognition:

  • The company manufactures its products under ISO 9001:2000 Standards
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