Stallion IND Fluorochem L
NSE: STALLION · Industrial Gases · sector
₹175.49NSE close 2026-10-26
Key numbers
Market cap₹1,427 cr
Price₹175.49
52w high / low₹355 / ₹99
P/E30.5xSector median 30.5x
P/B2.1xSector median 3.3x
Book value₹83.7
Dividend yield–Sector median 0.21%
ROE10.6%Sector median 9.3%
ROCE9.9%Sector median 9.9%
OPM15.2%Sector median 15.2%
Debt / equity0.05xSector median 0.08x
EV/EBITDA15.3xSector median 24.6x
Interest cover92.6x
Current ratio11.85x
Sales growth 3y–Sector median +9.2%
Profit growth 3y–Sector median -57.9%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 8 companies in Industrial Gases (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹434 cr vs borrowings ₹34 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 92.6x in the last 12 months.
- Promoter holding fell by 20.10 percentage points in a year, to 47.80% (2026-09-30).
- Other income was 10% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹175.49 on 2026-10-26: -50.6% from the 52-week high, +76.7% 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 ₹393.65 · low ₹62.23
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 85 | 152 | 110 | 106 | 105 | 110 | 121 |
| EBITDA | 14 | 19 | 14 | 16 | 13 | 16 | 22 |
| OPM % | 16.8% | 12.4% | 12.9% | 14.7% | 12.7% | 14.9% | 18.1% |
| Other income | 0 | 2 | 0 | 0 | 0 | 1 | 3 |
| Net profit | 10 | 13 | 10 | 11 | 11 | 11 | 19 |
| EPS (₹) | 1.59 | 1.76 | 1.31 | 1.42 | 1.40 | 1.33 | 1.60 |
| Revenue YoY | +22.9% | -27.4% | +9.9% | ||||
| Profit YoY | +13.7% | -17.6% | +79.3% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 377 | 431 | 442 |
| EBITDA | 48 | 58 | 67 |
| Net profit | 32 | 44 | 52 |
| EPS (₹) | 4.98 | 5.34 | 5.75 |
| Revenue growth | +14.1% | – | |
| Profit growth | +35.6% | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -44.6% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 301 | 681 |
| Borrowings | 2 | 34 |
| Cash & equivalents | 75 | 434 |
| Total assets | 334 | 737 |
| Fixed assets | 17 | 31 |
| Capital work in progress | 0 | 35 |
| Investments | 0 | 0 |
| Receivables | 106 | 78 |
| Inventory | 101 | 127 |
| Payables | 21 | 18 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -13 | 39 |
| Cash from investing | -20 | -253 |
| Cash from financing | 76 | 367 |
| Capex | 5 | 49 |
| Free cash flow | -18 | -10 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 10.7% | 6.4% |
| ROCE % | 16.0% | 8.4% |
| Debtor days | 102 | 66 |
| Inventory days | 128 | 134 |
| Payable days | 27 | 19 |
| Cash conversion cycle (days) | 203 | 181 |
| Working capital days | 265 | 512 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 47.80% |
| FIIs | 0.28% |
| DIIs | 1.60% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 50.32% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 67.90% | 67.90% | 67.90% | 64.84% | 47.80% | 47.80% | 47.80% | 47.80% |
| Promoter group | % |
|---|---|
| Shazad Sheriar Rustomji | 47.77% |
| Manisha Shazad Rustomji | 0.02% |
| Rohan Shazad Rustomji | 0.01% |
| Shanoor (Rustomji) Kothari | 0.00% |
| Romica Naarng | 0.00% |
| Public holders above 1% | % |
|---|---|
| Neomile Corporate Advisory Limited | 7.02% |
| Geetu Yadav | 4.33% |
| Savita Jayesh Shah | 1.41% |
| Neomile Growth Fund - Series I | 1.22% |
| Kirtan Maneklal Rupareliya | 1.08% |
66,734 shareholders. Pledged: – of promoter shares.
Peers in Industrial Gases
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LINDEINDIA | ₹48,036 cr | 87.9x | 11.2x | 13.5% | 16.2% | 34.4% | – | 0.21% |
| ELLEN | ₹4,244 cr | 35.2x | 4.3x | 12.3% | 13.9% | 34.5% | – | – |
| STEAMHOUSE | ₹3,095 cr | – | – | – | – | – | – | – |
| STALLION | ₹1,427 cr | 30.5x | 2.1x | 10.6% | 9.9% | 15.2% | – | – |
| HILLTONE | ₹481 cr | 46.6x | 20.7x | -3.6% | -3.5% | -4.6% | – | – |
| NOL | ₹28 cr | 2.3x | – | – | 14.6% | 25.0% | -21.3% | – |
| BHAGGAS | ₹15 cr | 5.8x | 0.9x | 6.6% | 7.7% | -803.1% | – | – |
| GAGAN | ₹8 cr | 29.9x | 2.4x | 8.1% | 8.9% | 7.2% | +39.7% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-02-11 | Rights | Rights 19:41 @ Premium Rs 89/- |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Commodities |
| Industry | Industrial Gases |
| Sub-industry | Industrial Gases |
| Symbol | STALLION |
| BSE code | 544342 |
| ISIN | INE0RYC01010 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.