Share Price and Basic Stock Data
Last Updated: February 14, 2026, 10:21 pm
| PEG Ratio | -7.58 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Fine Line Circuits Ltd operates within the project consultancy and turnkey sector, focusing on delivering specialized services. As of the latest reporting period, the company’s share price stood at ₹90.5, with a market capitalization of ₹43.5 Cr. Over the past few quarters, the company has experienced fluctuating sales, with revenues reported at ₹7.61 Cr in September 2022, declining to ₹5.18 Cr by June 2023, and then stabilizing around ₹5.26 Cr in September 2023. However, a notable recovery was observed with sales rising to ₹6.50 Cr in December 2023, and projected to reach ₹9.77 Cr by December 2024. The trailing twelve-month (TTM) sales stood at ₹33.27 Cr, indicating an upward trajectory compared to ₹27.46 Cr in March 2023. The volatility in revenue highlights the cyclical nature of the consultancy industry, which can be influenced by macroeconomic conditions and project timelines.
Profitability and Efficiency Metrics
Fine Line Circuits’ profitability metrics reveal a challenging landscape, with a reported net profit of ₹0.21 Cr and an operating profit margin (OPM) of 3.63%. The OPM has shown variability, with a low of 2.33% in March 2023, climbing to 6.31% in December 2023, reflecting improved cost management and operational efficiency. The return on equity (ROE) was reported at a modest 2.30%, while the return on capital employed (ROCE) stood at 4.45%. These figures are relatively low compared to industry norms, where higher ROE and ROCE are typically expected. The cash conversion cycle (CCC) was reported at 192.73 days, indicating the time taken to convert investments in inventory and accounts receivable back into cash. This extended CCC could pose liquidity challenges, particularly in a sector reliant on timely project execution.
Balance Sheet Strength and Financial Ratios
The balance sheet of Fine Line Circuits reflects a cautious financial strategy, with total borrowings of ₹6.52 Cr and reserves of ₹4.17 Cr. The company’s debt-to-equity ratio is reported at 0.65, suggesting a moderate level of leverage, which is manageable but indicates reliance on external financing. The interest coverage ratio (ICR) was recorded at 3.31x, demonstrating sufficient earnings to cover interest obligations. The price-to-book value (P/BV) ratio stands at 5.91x, which is notably high, indicating that the market values the company significantly higher than its book value. Furthermore, the current ratio of 1.97 and quick ratio of 0.89 suggest a satisfactory liquidity position, although the quick ratio being below 1 indicates potential short-term liquidity risks. These financial ratios depict a balance between leveraging growth opportunities and maintaining financial health.
Shareholding Pattern and Investor Confidence
Fine Line Circuits has a stable shareholding structure, with promoters holding 33.40% and the public holding 66.60% of the company’s shares. The number of shareholders has seen a slight decline, from 10,799 in December 2022 to 10,439 by September 2025, indicating a modest consolidation of ownership. The absence of foreign institutional investors (FIIs) and domestic institutional investors (DIIs) may reflect a cautious sentiment among institutional players towards the company. This lack of institutional backing could be a concern for potential investors, as institutional ownership is often associated with higher credibility and stability. The steady promoter holding, however, reflects confidence from the founders, which can be a positive signal for retail investors looking for commitment from management.
Outlook, Risks, and Final Insight
Looking ahead, Fine Line Circuits faces several strengths and risks. On the one hand, the potential for revenue growth is evident, particularly with the anticipated sales increase to ₹9.77 Cr in December 2024, coupled with improvements in operational efficiency as indicated by rising OPM. However, risks include the company’s high debt levels, which could strain financial resources during downturns, and the extended cash conversion cycle that may affect liquidity. Additionally, the low ROE and ROCE suggest that the company may need to enhance its capital utilization strategies to attract investor interest. The path forward may hinge on effective project execution and management’s ability to navigate market fluctuations, while maintaining a focus on improving profitability metrics and financial health.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Fine Line Circuits Ltd | 43.1 Cr. | 89.7 | 108/52.4 | 188 | 18.7 | 0.00 % | 4.45 % | 2.30 % | 10.0 |
| Filtra Consultants & Engineers Ltd | 68.6 Cr. | 62.6 | 92.4/53.0 | 24.8 | 22.0 | 3.20 % | 16.5 % | 11.4 % | 10.0 |
| DRA Consultants Ltd | 15.4 Cr. | 14.0 | 30.3/14.0 | 5.75 | 30.8 | 0.00 % | 11.7 % | 8.07 % | 10.0 |
| Zodiac Energy Ltd | 418 Cr. | 277 | 563/235 | 21.0 | 66.8 | 0.27 % | 20.0 % | 27.5 % | 10.0 |
| Rites Ltd | 10,509 Cr. | 219 | 316/192 | 25.4 | 54.8 | 3.45 % | 21.8 % | 14.7 % | 10.0 |
| Industry Average | 2,778.43 Cr | 361.33 | 48.03 | 123.85 | 0.68% | 12.09% | 10.71% | 10.00 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.61 | 5.86 | 7.30 | 5.18 | 5.26 | 6.50 | 7.34 | 7.05 | 6.95 | 9.77 | 6.60 | 7.25 | 9.65 |
| Expenses | 7.36 | 5.63 | 7.13 | 5.03 | 5.09 | 6.09 | 7.03 | 6.76 | 6.70 | 9.37 | 6.37 | 6.93 | 9.30 |
| Operating Profit | 0.25 | 0.23 | 0.17 | 0.15 | 0.17 | 0.41 | 0.31 | 0.29 | 0.25 | 0.40 | 0.23 | 0.32 | 0.35 |
| OPM % | 3.29% | 3.92% | 2.33% | 2.90% | 3.23% | 6.31% | 4.22% | 4.11% | 3.60% | 4.09% | 3.48% | 4.41% | 3.63% |
| Other Income | 0.01 | 0.04 | 0.04 | 0.03 | 0.03 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Interest | 0.09 | 0.12 | 0.13 | 0.15 | 0.14 | 0.07 | 0.07 | 0.07 | 0.06 | 0.13 | 0.09 | 0.09 | 0.09 |
| Depreciation | 0.13 | 0.13 | 0.12 | 0.14 | 0.14 | 0.14 | 0.15 | 0.14 | 0.15 | 0.16 | 0.16 | 0.17 | 0.19 |
| Profit before tax | 0.04 | 0.02 | -0.04 | -0.11 | -0.08 | 0.20 | 0.10 | 0.08 | 0.04 | 0.11 | -0.01 | 0.06 | 0.07 |
| Tax % | 25.00% | 50.00% | -75.00% | 0.00% | 0.00% | 5.00% | 0.00% | 12.50% | 25.00% | 0.00% | 100.00% | 16.67% | 14.29% |
| Net Profit | 0.03 | 0.01 | -0.01 | -0.11 | -0.07 | 0.20 | 0.09 | 0.07 | 0.04 | 0.10 | -0.02 | 0.06 | 0.07 |
| EPS in Rs | 0.06 | 0.02 | -0.02 | -0.23 | -0.15 | 0.42 | 0.19 | 0.15 | 0.08 | 0.21 | -0.04 | 0.12 | 0.15 |
Last Updated: January 8, 2026, 12:06 pm
Below is a detailed analysis of the quarterly data for Fine Line Circuits Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 9.65 Cr.. The value appears strong and on an upward trend. It has increased from 7.25 Cr. (Jun 2025) to 9.65 Cr., marking an increase of 2.40 Cr..
- For Expenses, as of Sep 2025, the value is 9.30 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.93 Cr. (Jun 2025) to 9.30 Cr., marking an increase of 2.37 Cr..
- For Operating Profit, as of Sep 2025, the value is 0.35 Cr.. The value appears strong and on an upward trend. It has increased from 0.32 Cr. (Jun 2025) to 0.35 Cr., marking an increase of 0.03 Cr..
- For OPM %, as of Sep 2025, the value is 3.63%. The value appears to be declining and may need further review. It has decreased from 4.41% (Jun 2025) to 3.63%, marking a decrease of 0.78%.
- For Other Income, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.00 Cr..
- For Interest, as of Sep 2025, the value is 0.09 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.09 Cr..
- For Depreciation, as of Sep 2025, the value is 0.19 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.17 Cr. (Jun 2025) to 0.19 Cr., marking an increase of 0.02 Cr..
- For Profit before tax, as of Sep 2025, the value is 0.07 Cr.. The value appears strong and on an upward trend. It has increased from 0.06 Cr. (Jun 2025) to 0.07 Cr., marking an increase of 0.01 Cr..
- For Tax %, as of Sep 2025, the value is 14.29%. The value appears to be improving (decreasing) as expected. It has decreased from 16.67% (Jun 2025) to 14.29%, marking a decrease of 2.38%.
- For Net Profit, as of Sep 2025, the value is 0.07 Cr.. The value appears strong and on an upward trend. It has increased from 0.06 Cr. (Jun 2025) to 0.07 Cr., marking an increase of 0.01 Cr..
- For EPS in Rs, as of Sep 2025, the value is 0.15. The value appears strong and on an upward trend. It has increased from 0.12 (Jun 2025) to 0.15, marking an increase of 0.03.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 3:44 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24.82 | 23.68 | 25.29 | 25.52 | 28.31 | 31.54 | 26.70 | 22.66 | 30.06 | 27.46 | 24.28 | 30.37 | 33.27 |
| Expenses | 23.71 | 23.13 | 24.41 | 24.17 | 26.73 | 29.91 | 25.39 | 21.60 | 28.24 | 26.43 | 23.11 | 29.14 | 31.97 |
| Operating Profit | 1.11 | 0.55 | 0.88 | 1.35 | 1.58 | 1.63 | 1.31 | 1.06 | 1.82 | 1.03 | 1.17 | 1.23 | 1.30 |
| OPM % | 4.47% | 2.32% | 3.48% | 5.29% | 5.58% | 5.17% | 4.91% | 4.68% | 6.05% | 3.75% | 4.82% | 4.05% | 3.91% |
| Other Income | 0.09 | 0.34 | 0.20 | 0.01 | 0.02 | 0.04 | 0.09 | 0.09 | 0.08 | 0.09 | 0.02 | 0.02 | 0.01 |
| Interest | 0.44 | 0.39 | 0.36 | 0.53 | 0.65 | 0.70 | 0.69 | 0.50 | 0.48 | 0.55 | 0.50 | 0.43 | 0.40 |
| Depreciation | 0.50 | 0.52 | 0.58 | 0.67 | 0.81 | 0.80 | 0.80 | 0.60 | 0.50 | 0.50 | 0.58 | 0.60 | 0.68 |
| Profit before tax | 0.26 | -0.02 | 0.14 | 0.16 | 0.14 | 0.17 | -0.09 | 0.05 | 0.92 | 0.07 | 0.11 | 0.22 | 0.23 |
| Tax % | 19.23% | -500.00% | 42.86% | 81.25% | 35.71% | 0.00% | 0.00% | 20.00% | 4.35% | 0.00% | 9.09% | 9.09% | |
| Net Profit | 0.22 | 0.08 | 0.09 | 0.04 | 0.09 | 0.16 | -0.09 | 0.05 | 0.88 | 0.07 | 0.11 | 0.20 | 0.21 |
| EPS in Rs | 0.46 | 0.17 | 0.19 | 0.08 | 0.19 | 0.33 | -0.19 | 0.10 | 1.83 | 0.15 | 0.23 | 0.42 | 0.44 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -63.64% | 12.50% | -55.56% | 125.00% | 77.78% | -156.25% | 155.56% | 1660.00% | -92.05% | 57.14% | 81.82% |
| Change in YoY Net Profit Growth (%) | 0.00% | 76.14% | -68.06% | 180.56% | -47.22% | -234.03% | 311.81% | 1504.44% | -1752.05% | 149.19% | 24.68% |
Fine Line Circuits Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 0% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 32% |
| 3 Years: | -39% |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 21% |
| 3 Years: | 25% |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 3% |
| 3 Years: | 2% |
| Last Year: | 2% |
Last Updated: September 5, 2025, 3:30 pm
Balance Sheet
Last Updated: February 1, 2026, 2:47 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 |
| Reserves | 1.90 | 1.94 | 2.02 | 2.07 | 2.19 | 2.43 | 2.51 | 2.66 | 3.50 | 3.69 | 3.72 | 3.99 | 4.17 |
| Borrowings | 0.57 | 1.55 | 3.03 | 3.35 | 4.56 | 6.48 | 5.82 | 4.03 | 3.63 | 6.32 | 6.03 | 5.80 | 6.52 |
| Other Liabilities | 4.45 | 4.36 | 4.48 | 3.97 | 4.69 | 4.52 | 3.29 | 3.46 | 4.16 | 3.65 | 3.37 | 3.23 | 5.41 |
| Total Liabilities | 11.75 | 12.68 | 14.36 | 14.22 | 16.27 | 18.26 | 16.45 | 14.98 | 16.12 | 18.49 | 17.95 | 17.85 | 20.93 |
| Fixed Assets | 2.79 | 3.16 | 2.98 | 3.86 | 3.57 | 3.28 | 2.84 | 2.60 | 2.67 | 2.83 | 2.84 | 3.30 | 3.49 |
| CWIP | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.06 | 0.06 | 0.00 | 0.00 | 0.12 | 0.00 | 0.00 | 0.18 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Other Assets | 8.96 | 9.51 | 11.38 | 10.36 | 12.69 | 14.88 | 13.50 | 12.33 | 13.40 | 15.49 | 15.06 | 14.50 | 17.21 |
| Total Assets | 11.75 | 12.68 | 14.36 | 14.22 | 16.27 | 18.26 | 16.45 | 14.98 | 16.12 | 18.49 | 17.95 | 17.85 | 20.93 |
Below is a detailed analysis of the balance sheet data for Fine Line Circuits Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 4.83 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 4.83 Cr..
- For Reserves, as of Sep 2025, the value is 4.17 Cr.. The value appears strong and on an upward trend. It has increased from 3.99 Cr. (Mar 2025) to 4.17 Cr., marking an increase of 0.18 Cr..
- For Borrowings, as of Sep 2025, the value is 6.52 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 5.80 Cr. (Mar 2025) to 6.52 Cr., marking an increase of 0.72 Cr..
- For Other Liabilities, as of Sep 2025, the value is 5.41 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.23 Cr. (Mar 2025) to 5.41 Cr., marking an increase of 2.18 Cr..
- For Total Liabilities, as of Sep 2025, the value is 20.93 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 17.85 Cr. (Mar 2025) to 20.93 Cr., marking an increase of 3.08 Cr..
- For Fixed Assets, as of Sep 2025, the value is 3.49 Cr.. The value appears strong and on an upward trend. It has increased from 3.30 Cr. (Mar 2025) to 3.49 Cr., marking an increase of 0.19 Cr..
- For CWIP, as of Sep 2025, the value is 0.18 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2025) to 0.18 Cr., marking an increase of 0.18 Cr..
- For Investments, as of Sep 2025, the value is 0.05 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.05 Cr..
- For Other Assets, as of Sep 2025, the value is 17.21 Cr.. The value appears strong and on an upward trend. It has increased from 14.50 Cr. (Mar 2025) to 17.21 Cr., marking an increase of 2.71 Cr..
- For Total Assets, as of Sep 2025, the value is 20.93 Cr.. The value appears strong and on an upward trend. It has increased from 17.85 Cr. (Mar 2025) to 20.93 Cr., marking an increase of 3.08 Cr..
However, the Borrowings (6.52 Cr.) are higher than the Reserves (4.17 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 0.54 | -1.00 | -2.15 | -2.00 | -2.98 | -4.85 | -4.51 | -2.97 | -1.81 | -5.29 | -4.86 | -4.57 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48.24 | 41.62 | 52.82 | 49.06 | 53.63 | 56.59 | 61.24 | 50.42 | 57.80 | 55.56 | 70.20 | 52.28 |
| Inventory Days | 166.86 | 193.69 | 204.59 | 229.95 | 204.91 | 177.14 | 209.57 | 242.11 | 154.05 | 193.43 | 329.87 | 225.74 |
| Days Payable | 145.26 | 145.27 | 128.25 | 96.86 | 113.02 | 93.53 | 85.06 | 101.80 | 84.77 | 65.57 | 116.33 | 85.29 |
| Cash Conversion Cycle | 69.84 | 90.04 | 129.16 | 182.14 | 145.53 | 140.20 | 185.75 | 190.73 | 127.08 | 183.42 | 283.74 | 192.73 |
| Working Capital Days | 47.94 | 54.26 | 49.94 | 52.63 | 44.22 | 28.01 | 28.02 | 30.93 | 38.73 | 18.48 | 65.54 | 70.67 |
| ROCE % | 9.07% | 0.77% | 3.52% | 6.95% | 7.33% | 6.87% | 4.39% | 4.46% | 11.93% | 4.70% | 4.49% | 4.45% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 0.58 | 0.22 | 0.15 | 1.83 | 0.11 |
| Diluted EPS (Rs.) | 0.58 | 0.22 | 0.15 | 1.83 | 0.11 |
| Cash EPS (Rs.) | 1.66 | 1.42 | 1.19 | 2.86 | 1.35 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 18.27 | 17.70 | 17.64 | 17.25 | 15.50 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 18.27 | 17.70 | 17.64 | 17.25 | 15.50 |
| Revenue From Operations / Share (Rs.) | 62.92 | 50.30 | 56.89 | 62.28 | 46.95 |
| PBDIT / Share (Rs.) | 2.44 | 2.31 | 2.11 | 3.81 | 2.26 |
| PBIT / Share (Rs.) | 1.19 | 1.11 | 1.06 | 2.78 | 1.02 |
| PBT / Share (Rs.) | 0.45 | 0.22 | 0.13 | 1.90 | 0.11 |
| Net Profit / Share (Rs.) | 0.40 | 0.22 | 0.14 | 1.82 | 0.10 |
| PBDIT Margin (%) | 3.87 | 4.59 | 3.70 | 6.11 | 4.81 |
| PBIT Margin (%) | 1.88 | 2.21 | 1.86 | 4.45 | 2.17 |
| PBT Margin (%) | 0.71 | 0.45 | 0.24 | 3.05 | 0.25 |
| Net Profit Margin (%) | 0.64 | 0.44 | 0.26 | 2.92 | 0.23 |
| Return on Networth / Equity (%) | 2.23 | 1.25 | 0.84 | 10.56 | 0.70 |
| Return on Capital Employeed (%) | 5.29 | 6.29 | 6.01 | 16.09 | 6.60 |
| Return On Assets (%) | 1.10 | 0.59 | 0.38 | 5.45 | 0.35 |
| Long Term Debt / Equity (X) | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt / Equity (X) | 0.65 | 0.70 | 0.74 | 0.43 | 0.53 |
| Asset Turnover Ratio (%) | 1.70 | 1.33 | 1.59 | 1.93 | 1.44 |
| Current Ratio (X) | 1.97 | 1.54 | 1.51 | 1.66 | 1.56 |
| Quick Ratio (X) | 0.89 | 0.63 | 0.85 | 0.95 | 0.85 |
| Inventory Turnover Ratio (X) | 3.79 | 1.43 | 2.13 | 2.31 | 1.47 |
| Interest Coverage Ratio (X) | 3.31 | 2.60 | 2.28 | 4.35 | 2.50 |
| Interest Coverage Ratio (Post Tax) (X) | 1.56 | 1.25 | 1.16 | 3.08 | 1.12 |
| Enterprise Value (Cr.) | 57.01 | 38.68 | 24.42 | 24.60 | 12.34 |
| EV / Net Operating Revenue (X) | 1.88 | 1.59 | 0.88 | 0.81 | 0.54 |
| EV / EBITDA (X) | 48.50 | 34.68 | 24.03 | 13.38 | 11.32 |
| MarketCap / Net Operating Revenue (X) | 1.72 | 1.37 | 0.79 | 0.76 | 0.46 |
| Price / BV (X) | 5.91 | 3.90 | 2.55 | 2.75 | 1.42 |
| Price / Net Operating Revenue (X) | 1.72 | 1.37 | 0.79 | 0.76 | 0.46 |
| EarningsYield | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 |
After reviewing the key financial ratios for Fine Line Circuits Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 0.58. This value is below the healthy minimum of 5. It has increased from 0.22 (Mar 24) to 0.58, marking an increase of 0.36.
- For Diluted EPS (Rs.), as of Mar 25, the value is 0.58. This value is below the healthy minimum of 5. It has increased from 0.22 (Mar 24) to 0.58, marking an increase of 0.36.
- For Cash EPS (Rs.), as of Mar 25, the value is 1.66. This value is below the healthy minimum of 3. It has increased from 1.42 (Mar 24) to 1.66, marking an increase of 0.24.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 18.27. It has increased from 17.70 (Mar 24) to 18.27, marking an increase of 0.57.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 18.27. It has increased from 17.70 (Mar 24) to 18.27, marking an increase of 0.57.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 62.92. It has increased from 50.30 (Mar 24) to 62.92, marking an increase of 12.62.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 2.44. This value is within the healthy range. It has increased from 2.31 (Mar 24) to 2.44, marking an increase of 0.13.
- For PBIT / Share (Rs.), as of Mar 25, the value is 1.19. This value is within the healthy range. It has increased from 1.11 (Mar 24) to 1.19, marking an increase of 0.08.
- For PBT / Share (Rs.), as of Mar 25, the value is 0.45. This value is within the healthy range. It has increased from 0.22 (Mar 24) to 0.45, marking an increase of 0.23.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 0.40. This value is below the healthy minimum of 2. It has increased from 0.22 (Mar 24) to 0.40, marking an increase of 0.18.
- For PBDIT Margin (%), as of Mar 25, the value is 3.87. This value is below the healthy minimum of 10. It has decreased from 4.59 (Mar 24) to 3.87, marking a decrease of 0.72.
- For PBIT Margin (%), as of Mar 25, the value is 1.88. This value is below the healthy minimum of 10. It has decreased from 2.21 (Mar 24) to 1.88, marking a decrease of 0.33.
- For PBT Margin (%), as of Mar 25, the value is 0.71. This value is below the healthy minimum of 10. It has increased from 0.45 (Mar 24) to 0.71, marking an increase of 0.26.
- For Net Profit Margin (%), as of Mar 25, the value is 0.64. This value is below the healthy minimum of 5. It has increased from 0.44 (Mar 24) to 0.64, marking an increase of 0.20.
- For Return on Networth / Equity (%), as of Mar 25, the value is 2.23. This value is below the healthy minimum of 15. It has increased from 1.25 (Mar 24) to 2.23, marking an increase of 0.98.
- For Return on Capital Employeed (%), as of Mar 25, the value is 5.29. This value is below the healthy minimum of 10. It has decreased from 6.29 (Mar 24) to 5.29, marking a decrease of 1.00.
- For Return On Assets (%), as of Mar 25, the value is 1.10. This value is below the healthy minimum of 5. It has increased from 0.59 (Mar 24) to 1.10, marking an increase of 0.51.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.22. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 0.22, marking an increase of 0.22.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.65. This value is within the healthy range. It has decreased from 0.70 (Mar 24) to 0.65, marking a decrease of 0.05.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.70. It has increased from 1.33 (Mar 24) to 1.70, marking an increase of 0.37.
- For Current Ratio (X), as of Mar 25, the value is 1.97. This value is within the healthy range. It has increased from 1.54 (Mar 24) to 1.97, marking an increase of 0.43.
- For Quick Ratio (X), as of Mar 25, the value is 0.89. This value is below the healthy minimum of 1. It has increased from 0.63 (Mar 24) to 0.89, marking an increase of 0.26.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.79. This value is below the healthy minimum of 4. It has increased from 1.43 (Mar 24) to 3.79, marking an increase of 2.36.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.31. This value is within the healthy range. It has increased from 2.60 (Mar 24) to 3.31, marking an increase of 0.71.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.56. This value is below the healthy minimum of 3. It has increased from 1.25 (Mar 24) to 1.56, marking an increase of 0.31.
- For Enterprise Value (Cr.), as of Mar 25, the value is 57.01. It has increased from 38.68 (Mar 24) to 57.01, marking an increase of 18.33.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.88. This value is within the healthy range. It has increased from 1.59 (Mar 24) to 1.88, marking an increase of 0.29.
- For EV / EBITDA (X), as of Mar 25, the value is 48.50. This value exceeds the healthy maximum of 15. It has increased from 34.68 (Mar 24) to 48.50, marking an increase of 13.82.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.72. This value is within the healthy range. It has increased from 1.37 (Mar 24) to 1.72, marking an increase of 0.35.
- For Price / BV (X), as of Mar 25, the value is 5.91. This value exceeds the healthy maximum of 3. It has increased from 3.90 (Mar 24) to 5.91, marking an increase of 2.01.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.72. This value is within the healthy range. It has increased from 1.37 (Mar 24) to 1.72, marking an increase of 0.35.
- For EarningsYield, as of Mar 25, the value is 0.00. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.00.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Fine Line Circuits Ltd:
- Net Profit Margin: 0.64%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 5.29% (Industry Average ROCE: 12.09%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 2.23% (Industry Average ROE: 10.71%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.56
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.89
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 188 (Industry average Stock P/E: 48.03)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.65
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 0.64%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Project Consultancy/Turnkey | W-27, T Block, Pune Maharashtra 411026 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Ketan Khant | Chairman & Managing Director |
| Mrs. Anjali Khant | Whole Time Director |
| Mr. Ashfak Mulla | Whole Time Director |
| Mr. Mahesh Tolaram Ahuja | Independent Director |
| Mr. Pinaki Bhadury | Independent Director |
FAQ
What is the intrinsic value of Fine Line Circuits Ltd?
Fine Line Circuits Ltd's intrinsic value (as of 16 February 2026) is ₹49.61 which is 44.69% lower the current market price of ₹89.70, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹43.1 Cr. market cap, FY2025-2026 high/low of ₹108/52.4, reserves of ₹4.17 Cr, and liabilities of ₹20.93 Cr.
What is the Market Cap of Fine Line Circuits Ltd?
The Market Cap of Fine Line Circuits Ltd is 43.1 Cr..
What is the current Stock Price of Fine Line Circuits Ltd as on 16 February 2026?
The current stock price of Fine Line Circuits Ltd as on 16 February 2026 is ₹89.7.
What is the High / Low of Fine Line Circuits Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Fine Line Circuits Ltd stocks is ₹108/52.4.
What is the Stock P/E of Fine Line Circuits Ltd?
The Stock P/E of Fine Line Circuits Ltd is 188.
What is the Book Value of Fine Line Circuits Ltd?
The Book Value of Fine Line Circuits Ltd is 18.7.
What is the Dividend Yield of Fine Line Circuits Ltd?
The Dividend Yield of Fine Line Circuits Ltd is 0.00 %.
What is the ROCE of Fine Line Circuits Ltd?
The ROCE of Fine Line Circuits Ltd is 4.45 %.
What is the ROE of Fine Line Circuits Ltd?
The ROE of Fine Line Circuits Ltd is 2.30 %.
What is the Face Value of Fine Line Circuits Ltd?
The Face Value of Fine Line Circuits Ltd is 10.0.

