Vaidya Sane Ayur LAB Ltd

NSE: MADHAVBAUG · Other · sector

₹146.45NSE close 2026-10-23

Key numbers

Market cap₹155 cr

Price₹146.45

52w high / low₹335 / ₹140

P/E17.2xSector median 14.4x

P/B2.5xSector median 1.7x

Book value₹57.9

Dividend yield–Sector median 0.37%

ROE15.9%Sector median 13.8%

ROCE19.1%Sector median 19.6%

OPM14.4%Sector median 10.4%

Debt / equity–Sector median 0.29x

EV/EBITDA8.5xSector median 8.4x

Interest cover13.7x

Current ratio3.99x

Sales growth 3y+25.9%Sector median +7.7%

Profit growth 3y+62.4%Sector median +16.6%

PEG0.28x

Last 12 months to Mar 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Operating profit covered interest 13.7x in the last 12 months.
Operating cash flow was below net profit in 3 of the last 4 years (FY26, FY24, FY23).
Other income was 26% of net profit in the last 12 months.
No dividend in the last 4 financial years.
Price ₹146.45 on 2026-10-23: -56.3% from the 52-week high, +4.6% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹298.00 · low ₹89.10

Quarterly results

₹ cr	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026
Revenue	99	51	48	42	48	50	57
EBITDA	8	3	2	6	7	9	7
OPM %	7.9%	5.2%	3.8%	13.8%	13.6%	17.3%	11.9%
Other income	1	1	1	1	1	1	1
Net profit	5	1	1	3	3	5	4
EPS (₹)	4.60	1.12	0.76	3.59	3.17	4.56	3.95
Revenue YoY					-51.5%	-2.3%	+18.1%
Profit YoY					-29.4%	+309.3%	+420.0%

Consolidated figures where filed. Latest quarter Mar 2026.

Profit & loss (yearly)

₹ cr	FY23	FY24	FY25	FY26	TTM
Revenue	54	99	90	107	107
EBITDA	4	4	12	15	15
Net profit	2	-0	7	9	9
EPS (₹)	1.99	1.88	6.76	8.51	8.51
Revenue growth		+85.4%	-9.5%	+19.0%	–
Profit growth		-100.5%	–	+25.4%	–
Dividend / share (₹)	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+25.9%	–	–
Net profit	+62.4%	–	–
EPS	+62.3%	–	–
Share price	–	+6.1% (2y)	-43.0%

Balance sheet

₹ cr	FY23	FY24	FY25	FY26
Shareholders' equity	–	–	52	61
Cash & equivalents	–	–	17	23
Total assets	–	–	77	105
Fixed assets	–	–	21	22
Investments	–	–	6	17
Inventory	–	–	4	4

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY23	FY24	FY25	FY26
Cash from operations	0	-4	11	5
Cash from investing	1	1	-10	-24
Cash from financing	-1	14	-1	17
Capex	0	0	8	8
Free cash flow	0	-4	2	-2

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY23	FY24	FY25	FY26
ROE %	–	–	13.8%	14.7%
ROCE %	–	–	19.2%	19.1%
Inventory days	–	–	82	70
Working capital days	–	–	77	113

Peers in Other

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
TSFINV	₹8,585 cr	17.6x	1.4x	8.4%	3.6%	20.5%	+121.7%	2.30%
KRISHANA	₹6,339 cr	39.9x	11.3x	41.6%	23.2%	12.6%	+95.7%	0.05%
MARINE	₹5,431 cr	84.2x	11.0x	14.3%	18.0%	10.8%	+25.6%	0.07%
ZOTA	₹4,139 cr	–	6.0x	-22.5%	-12.4%	-0.5%	+56.7%	0.07%
AIMTRON	₹3,319 cr	71.7x	17.1x	28.0%	31.8%	21.8%	–	–
ACCORD	₹2,984 cr	–	261.7x	12.4%	12.0%	2.4%	–	–
MONOLITH	₹2,646 cr	64.6x	24.3x	36.0%	48.7%	24.4%	–	–
UTSSAV	₹2,390 cr	40.2x	14.1x	43.4%	54.7%	7.9%	–	–
BETA	₹2,200 cr	40.6x	5.0x	16.4%	17.0%	20.8%	–	–
MADHAVBAUG	₹155 cr	17.2x	2.5x	15.9%	19.1%	14.4%	+25.9%	–

All 688 companies in Other →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
sale of Product Activity	₹72 cr	67.0%	₹17 cr	24.3%
Hospital Activity	₹29 cr	26.8%	₹16 cr	57.2%
Common/ Unallocable	₹7 cr	6.2%	₹60 cr	902.0%

Documents

Links go to the original files on the exchange website.

About the company


Sector
Industry	Other
Sub-industry
Symbol	MADHAVBAUG
BSE code	–
ISIN	INE0JR301013
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results); price = NSE close 2026-10-23.