Xpro India Limited
NSE: XPROINDIA · Packaging · sector
₹970.80NSE close 2026-10-26
Key numbers
Market cap₹2,278 cr
Price₹970.80
52w high / low₹1,575 / ₹788
P/E69.0xSector median 16.2x
P/B3.0xSector median 1.4x
Book value₹323.7
Dividend yield0.20%Sector median 0.58%
ROE4.8%Sector median 9.8%
ROCE5.2%Sector median 11.6%
OPM9.3%Sector median 9.2%
Debt / equity0.38xSector median 0.39x
EV/EBITDA45.3xSector median 7.7x
Interest cover6.1x
Current ratio4.12x
Sales growth 3y-0.4%Sector median +4.7%
Profit growth 3y-24.9%Sector median +0.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 63 companies in Packaging (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹300 cr vs borrowings ₹289 cr (FY26): cash is higher (net cash).
- Borrowings rose in each of the last 3 years (₹36 cr → ₹289 cr).
- Operating profit covered interest 6.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY25).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 57% of net profit in the last 12 months.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹970.80 on 2026-10-26: -38.4% from the 52-week high, +23.2% 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 ₹1,578.70 · low ₹828.45
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 134 | 105 | 158 | 145 | 120 | 106 | 134 | 174 |
| EBITDA | 13 | 11 | 11 | -3 | 7 | 11 | 16 | 16 |
| OPM % | 9.8% | 10.1% | 6.8% | -1.7% | 6.1% | 10.0% | 12.1% | 9.1% |
| Other income | 5 | 5 | 2 | 3 | 4 | 4 | 7 | 4 |
| Net profit | 10 | 7 | 7 | -5 | 5 | 7 | 13 | 8 |
| EPS (₹) | 4.51 | 3.37 | 2.95 | -2.46 | 2.14 | 2.91 | 5.64 | 3.38 |
| Revenue YoY | -10.5% | +1.7% | -15.1% | +20.4% | ||||
| Profit YoY | -50.0% | -9.2% | +97.4% | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 472 | 511 | 465 | 535 | 505 | 535 |
| EBITDA | 64 | 74 | 64 | 50 | 32 | 50 |
| Net profit | 45 | 45 | 44 | 38 | 19 | 33 |
| EPS (₹) | 38.03 | 25.57 | 21.81 | 17.17 | 8.46 | 14.07 |
| Revenue growth | +8.3% | -8.9% | +15.0% | -5.6% | -1.2% | |
| Profit growth | +1.0% | -3.3% | -13.4% | -49.4% | +76.6% | |
| Dividend / share (₹) | – | 2.00 | 2.00 | 2.00 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -0.4% | +6.2% | -1.2% |
| Net profit | -24.9% | +19.4% | +76.6% |
| EPS | -30.8% | +4.8% | – |
| Share price | – | -5.8% (2y) | -7.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 234 | 561 | 610 | 760 |
| Borrowings | – | 36 | 37 | 237 | 289 |
| Cash & equivalents | – | 30 | 321 | 265 | 300 |
| Total assets | – | 340 | 677 | 993 | 1,218 |
| Fixed assets | – | 160 | 151 | 179 | 389 |
| Capital work in progress | – | 3 | 22 | 344 | 299 |
| Investments | – | 5 | 5 | 0 | 0 |
| Receivables | – | 51 | 54 | 78 | 69 |
| Inventory | – | 47 | 46 | 60 | 73 |
| Payables | – | 0 | 49 | 71 | 44 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 49 | 83 | 44 | 13 | 20 |
| Cash from investing | -10 | -58 | -320 | -113 | -161 |
| Cash from financing | -21 | -43 | 278 | 203 | 151 |
| Capex | 7 | 36 | 38 | 287 | 141 |
| Free cash flow | 42 | 47 | 6 | -274 | -120 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 19.4% | 7.8% | 6.2% | 2.5% |
| ROCE % | – | 24.8% | 10.9% | 6.9% | 3.6% |
| Debtor days | – | 36 | 43 | 53 | 50 |
| Inventory days | – | 49 | 53 | 57 | 76 |
| Payable days | – | 0 | 57 | 68 | 46 |
| Cash conversion cycle (days) | – | 85 | 39 | 42 | 80 |
| Working capital days | – | 34 | 276 | 211 | 263 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 40.31% |
| FIIs | 13.80% |
| DIIs | 3.90% |
| of which Mutual funds | 1.39% |
| of which Insurance | 0.00% |
| Government | 0.03% |
| Public (non-institutions) | 41.96% |
| Quarter | Mar 2025 | Jun 2025 | Jul 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 42.43% | 42.43% | 40.73% | 40.31% | 40.31% | 40.31% | 40.31% | 40.31% |
| Promoter group | % |
|---|---|
| Ipro Capital Limited | 18.98% |
| Intellipro Finance Pvt Ltd | 14.73% |
| Central India General Agents Ltd | 3.66% |
| Birla Holdings Limited | 1.06% |
| Sidharth Kumar Birla | 0.65% |
| Madhushree Birla | 0.64% |
| Janardhan Trading Company Limited | 0.51% |
| Birla Eastern Ltd | 0.07% |
| Sumangala Birla | 0.01% |
| Sudarshan Kumar Birla | 0.00% |
| Sudarshan Kumar Birla HUF | 0.00% |
| Morchana Oriental Limited (Formerly, Intellipro Aviatech Limited) | 0.00% |
| Nathdwara Investment Co Ltd | 0.00% |
| Xpro Global Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Malabar India Fund Limited | 11.33% |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 2.53% |
| Ashish Kacholia | 2.01% |
| Urjita J Master | 1.53% |
| Vanaja Sundar Iyer | 1.26% |
| Meenakshi Apoorva Bajaj | 1.07% |
28,118 shareholders. Pledged: 0.00% of promoter shares.
Peers in Packaging
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| EPL | ₹7,100 cr | 18.3x | 2.5x | 14.9% | 17.0% | 19.3% | +8.8% | 2.25% |
| AGI | ₹4,590 cr | 12.7x | 1.9x | 16.1% | 19.6% | 22.5% | +5.3% | 0.98% |
| UFLEX | ₹4,111 cr | 6.0x | 0.5x | 8.8% | 8.9% | 13.5% | +1.6% | 0.53% |
| TCPLPACK | ₹3,649 cr | 31.6x | 5.1x | 16.9% | 17.8% | 15.3% | +7.9% | 0.75% |
| JINDALPOLY | ₹2,976 cr | – | 1.0x | -27.6% | -17.5% | -78.1% | -14.4% | 0.87% |
| POLYPLEX | ₹2,943 cr | 18.9x | 0.7x | 3.9% | 6.9% | 7.8% | -2.5% | 1.55% |
| XPROINDIA | ₹2,278 cr | 69.0x | 3.0x | 4.8% | 5.2% | 9.3% | -0.4% | 0.20% |
| KNACK | ₹2,038 cr | – | – | – | – | – | – | – |
| MOLDTKPAC | ₹1,928 cr | 25.3x | 2.8x | 11.4% | 13.4% | 19.1% | +6.7% | 0.69% |
| COSMOFIRST | ₹1,928 cr | 11.4x | 1.2x | 10.8% | 11.4% | 10.5% | +5.9% | 0.54% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Within India | ₹506 cr | 100.0% | ₹38 cr | 7.5% |
| Outside India | ₹0 cr | – | ₹-6 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-13 | Dividend | Dividend - Rs 2 Per Share |
| 2025-07-18 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2024-07-22 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2023-08-03 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2022-07-01 | Bonus | Bonus 1:2 |
| 2022-06-16 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2021-07-30 | Other | Annual General Meeting |
| 2020-09-18 | Other | Annual General Meeting |
| 2019-07-25 | Other | Annual General Meeting |
| 2018-08-02 | Other | Annual General Meeting |
| 2017-08-28 | Other | Annual General Meeting |
| 2016-07-26 | Other | Annual General Meeting |
| 2015-08-06 | Other | Annual General Meeting |
| 2014-07-22 | Other | Annual General Meeting |
| 2013-06-27 | Dividend | Annual General Meeting / Final Dividend Re.1/- Per Equity Share |
| 2012-06-28 | Dividend | Annual General Meeting And Dividend Rs.2.50 Per Share |
| 2011-06-29 | Dividend | Dividend-Rs.2/- Per Share |
| 2010-06-29 | Dividend | Dividend-Re.1.75 Pr Share |
| 2009-06-29 | Other | Agm/Div-Re.1/- Per Share |
| 2008-07-17 | Other | Agm/Div-Rs.1.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacture of semifinished of plastic products (plastic plates, sheets, blocks, film, foil, strip etc.);: Polymer processing and manufacture of: - Dielectric/Capacitor Films [Biaxially Oriented Polypropylene Films] - Coextruded Cast Films - Coextruded Sheets and Thermoformed Refrigerator Liners
| Sector | Industrials |
| Industry | Packaging |
| Sub-industry | Packaging |
| Symbol | XPROINDIA |
| BSE code | 590013 |
| ISIN | INE445C01015 |
| Face value | ₹10.0 |
| Incorporated | 1997-11-26 |
| Website | www.xproindia.com |
| Plants (India / abroad) | 3 / 1 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.