XPRO India Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 12, 2025, 10:25 am

Market Cap	2,445 Cr.
Current Price	1,097
High / Low	1,677/860
Stock P/E	53.9
Book Value	261
Dividend Yield	0.18 %
ROCE	15.4 %
ROE	11.4 %
Face Value	10.0
PEG Ratio	1.62

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for XPRO India Ltd

Competitors of XPRO India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hindustan Tin Works Ltd	149 Cr.	143	239/132	12.5	201	0.84 %	11.1 %	8.65 %	10.0
Gujarat Containers Ltd	94.4 Cr.	167	200/142	11.0	83.6	0.90 %	22.7 %	22.9 %	10.0
Goblin India Ltd	28.3 Cr.	20.5	60.0/20.0	7.32	31.8	0.00 %	8.18 %	6.90 %	10.0
G K P Printing & Packaging Ltd	12.4 Cr.	5.65	12.0/5.31		9.98	0.00 %	5.50 %	7.89 %	10.0
Garware Hi Tech Films Ltd	9,088 Cr.	3,913	5,378/1,513	29.2	960	0.26 %	14.0 %	10.4 %	10.0
Industry Average	2,383.44 Cr	338.40		75.40	172.70	0.34%	11.98%	34.11%	7.23

All Competitor Stocks of XPRO India Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	111.25	142.80	159.63	134.00	93.06	124.27	130.89	109.97	96.14	128.41	138.53	133.98	104.55
Expenses	93.52	125.57	136.55	114.95	80.03	105.01	111.61	95.10	80.95	111.63	122.89	120.80	93.99
Operating Profit	17.73	17.23	23.08	19.05	13.03	19.26	19.28	14.87	15.19	16.78	15.64	13.18	10.56
OPM %	15.94%	12.07%	14.46%	14.22%	14.00%	15.50%	14.73%	13.52%	15.80%	13.07%	11.29%	9.84%	10.10%
Other Income	0.24	0.94	0.61	1.07	1.54	0.64	1.09	2.87	3.08	3.14	6.89	4.79	4.99
Interest	3.03	2.13	2.21	1.82	1.58	1.92	1.76	1.28	1.18	0.78	0.94	1.40	2.09
Depreciation	3.32	2.92	2.95	2.94	2.89	2.74	2.95	2.92	2.65	2.62	2.61	2.85	2.79
Profit before tax	11.62	13.12	18.53	15.36	10.10	15.24	15.66	13.54	14.44	16.52	18.98	13.72	10.67
Tax %	0.00%	-33.16%	0.00%	-4.69%	35.94%	71.92%	27.91%	30.06%	26.04%	24.76%	26.19%	27.55%	29.99%
Net Profit	11.62	17.46	18.53	16.09	6.47	4.27	11.29	9.48	10.68	12.43	14.02	9.94	7.47
EPS in Rs	6.56	9.86	10.47	9.08	3.65	2.34	6.20	4.59	5.17	5.64	6.36	4.51	3.36

Last Updated: March 3, 2025, 11:06 am

Below is a detailed analysis of the quarterly data for XPRO India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹104.55 Cr.. The value appears to be declining and may need further review. It has decreased from 133.98 Cr. (Sep 2024) to ₹104.55 Cr., marking a decrease of 29.43 Cr..
For Expenses, as of Dec 2024, the value is ₹93.99 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 120.80 Cr. (Sep 2024) to ₹93.99 Cr., marking a decrease of 26.81 Cr..
For Operating Profit, as of Dec 2024, the value is ₹10.56 Cr.. The value appears to be declining and may need further review. It has decreased from 13.18 Cr. (Sep 2024) to ₹10.56 Cr., marking a decrease of 2.62 Cr..
For OPM %, as of Dec 2024, the value is 10.10%. The value appears strong and on an upward trend. It has increased from 9.84% (Sep 2024) to 10.10%, marking an increase of 0.26%.
For Other Income, as of Dec 2024, the value is ₹4.99 Cr.. The value appears strong and on an upward trend. It has increased from 4.79 Cr. (Sep 2024) to ₹4.99 Cr., marking an increase of ₹0.20 Cr..
For Interest, as of Dec 2024, the value is ₹2.09 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.40 Cr. (Sep 2024) to ₹2.09 Cr., marking an increase of ₹0.69 Cr..
For Depreciation, as of Dec 2024, the value is ₹2.79 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.85 Cr. (Sep 2024) to ₹2.79 Cr., marking a decrease of 0.06 Cr..
For Profit before tax, as of Dec 2024, the value is ₹10.67 Cr.. The value appears to be declining and may need further review. It has decreased from 13.72 Cr. (Sep 2024) to ₹10.67 Cr., marking a decrease of 3.05 Cr..
For Tax %, as of Dec 2024, the value is 29.99%. The value appears to be increasing, which may not be favorable. It has increased from 27.55% (Sep 2024) to 29.99%, marking an increase of 2.44%.
For Net Profit, as of Dec 2024, the value is ₹7.47 Cr.. The value appears to be declining and may need further review. It has decreased from 9.94 Cr. (Sep 2024) to ₹7.47 Cr., marking a decrease of 2.47 Cr..
For EPS in Rs, as of Dec 2024, the value is 3.36. The value appears to be declining and may need further review. It has decreased from ₹4.51 (Sep 2024) to 3.36, marking a decrease of ₹1.15.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 5:38 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	226	243	259	275	318	307	345	354	370	469	509	463	505
Expenses	220	240	256	262	292	286	318	324	330	405	434	397	449
Operating Profit	6	3	3	14	26	21	27	30	40	64	74	66	56
OPM %	3%	1%	1%	5%	8%	7%	8%	8%	11%	14%	15%	14%	11%
Other Income	9	6	5	2	4	27	8	1	2	2	4	10	20
Interest	11	12	13	22	25	21	20	19	17	13	8	5	5
Depreciation	11	11	14	18	17	16	13	12	12	12	12	11	11
Profit before tax	-7	-15	-19	-25	-12	11	2	0	13	41	59	60	60
Tax %	-43%	-31%	-26%	41%	1%	0%	2%	2%	38%	-11%	23%	27%
Net Profit	-4	-10	-14	-35	-12	10	2	0	8	45	45	44	44
EPS in Rs	-2.35	-5.94	-7.93	-20.07	-7.03	5.93	1.31	0.23	4.72	25.38	24.91	19.91	19.87
Dividend Payout %	-28%	0%	0%	0%	0%	0%	0%	0%	0%	5%	8%	10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-150.00%	-40.00%	-150.00%	65.71%	183.33%	-80.00%	-100.00%	462.50%	0.00%	-2.22%
Change in YoY Net Profit Growth (%)	0.00%	110.00%	-110.00%	215.71%	117.62%	-263.33%	-20.00%	562.50%	-462.50%	-2.22%

XPRO India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	6%
3 Years:	8%
TTM:	10%

Compounded Profit Growth
10 Years:	20%
5 Years:	93%
3 Years:	76%
TTM:	27%

Stock Price CAGR
10 Years:	47%
5 Years:	149%
3 Years:	11%
1 Year:	5%

Return on Equity
10 Years:	6%
5 Years:	16%
3 Years:	19%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:26 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	12	12	12	12	12	12	12	12	12	12	18	22	22
Reserves	131	121	105	70	57	68	70	70	78	160	215	538	558
Borrowings	165	187	178	181	215	190	172	168	135	90	39	39	101
Other Liabilities	60	78	92	96	70	80	64	66	83	73	68	78	89
Total Liabilities	368	397	386	359	354	349	317	316	308	335	340	677	770
Fixed Assets	91	104	250	251	226	202	188	188	179	168	160	151	176
CWIP	125	166	1	0	0	1	4	0	0	0	3	22	91
Investments	0	0	0	0	0	0	0	0	0	5	5	5	5
Other Assets	152	127	135	107	128	147	125	128	129	161	173	500	498
Total Assets	368	397	386	359	354	349	317	316	308	335	340	677	770

Below is a detailed analysis of the balance sheet data for XPRO India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹22.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹22.00 Cr..
For Reserves, as of Sep 2024, the value is ₹558.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹538.00 Cr. (Mar 2024) to ₹558.00 Cr., marking an increase of 20.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹101.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹39.00 Cr. (Mar 2024) to ₹101.00 Cr., marking an increase of 62.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹89.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹78.00 Cr. (Mar 2024) to ₹89.00 Cr., marking an increase of 11.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹770.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹677.00 Cr. (Mar 2024) to ₹770.00 Cr., marking an increase of 93.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹176.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹151.00 Cr. (Mar 2024) to ₹176.00 Cr., marking an increase of 25.00 Cr..
For CWIP, as of Sep 2024, the value is ₹91.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹22.00 Cr. (Mar 2024) to ₹91.00 Cr., marking an increase of 69.00 Cr..
For Investments, as of Sep 2024, the value is ₹5.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹5.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹498.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹500.00 Cr. (Mar 2024) to ₹498.00 Cr., marking a decrease of 2.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹770.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹677.00 Cr. (Mar 2024) to ₹770.00 Cr., marking an increase of 93.00 Cr..

Notably, the Reserves (₹558.00 Cr.) exceed the Borrowings (101.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-15	4	-3	14	24	34	29	38	48	49	83	44
Cash from Investing Activity +	-108	-58	18	-4	-2	28	7	-6	-2	-10	-58	-320
Cash from Financing Activity +	99	24	-16	-10	-20	-63	-38	-27	-51	-21	-43	278
Net Cash Flow	-24	-30	0	-0	1	-0	-2	5	-5	17	-19	1

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-159.00	-184.00	-175.00	-167.00	-189.00	-169.00	-145.00	-138.00	-95.00	-26.00	35.00	27.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	56	47	57	49	66	59	60	54	65	52	37	43
Inventory Days	59	57	58	57	52	63	52	59	57	51	49	53
Days Payable	80	75	91	78	82	93	77	81	100	65	53	57
Cash Conversion Cycle	35	30	24	28	36	30	36	33	22	38	33	39
Working Capital Days	46	20	0	-11	16	26	31	27	37	40	31	38
ROCE %	1%	-1%	-2%	-0%	5%	4%	8%	8%	13%	22%	25%	15%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	50.02%	50.02%	50.02%	50.02%	51.37%	51.37%	45.26%	45.26%	42.46%	42.46%	42.46%	42.24%
FIIs	0.62%	0.50%	0.41%	0.18%	0.04%	0.08%	11.99%	12.04%	14.97%	15.04%	14.92%	14.31%
DIIs	0.07%	0.09%	0.09%	0.09%	0.70%	0.77%	0.67%	0.52%	3.09%	3.10%	2.90%	2.99%
Government	0.03%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
Public	49.25%	49.35%	49.43%	49.67%	47.84%	47.73%	42.05%	42.13%	39.45%	39.34%	39.69%	40.41%
No. of Shareholders	26,486	28,198	30,389	30,068	29,896	28,922	28,769	29,179	28,186	27,797	27,137	28,255

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	21.81	25.57	38.03	7.07	0.34
Diluted EPS (Rs.)	21.77	24.35	37.57	7.07	0.34
Cash EPS (Rs.)	24.97	31.23	48.25	17.57	10.68
Book Value[Excl.RevalReserv]/Share (Rs.)	254.38	128.24	145.62	76.09	69.35
Book Value[Incl.RevalReserv]/Share (Rs.)	254.38	128.24	145.62	76.09	69.35
Revenue From Operations / Share (Rs.)	211.22	280.56	399.31	316.04	300.37
PBDIT / Share (Rs.)	35.55	42.98	55.58	36.56	26.41
PBIT / Share (Rs.)	30.49	36.66	45.37	26.07	16.08
PBT / Share (Rs.)	27.30	32.52	34.36	11.41	0.34
Net Profit / Share (Rs.)	19.91	24.91	38.03	7.07	0.33
NP After MI And SOA / Share (Rs.)	19.91	24.91	38.03	7.07	0.33
PBDIT Margin (%)	16.82	15.32	13.91	11.56	8.79
PBIT Margin (%)	14.43	13.06	11.36	8.24	5.35
PBT Margin (%)	12.92	11.59	8.60	3.61	0.11
Net Profit Margin (%)	9.42	8.87	9.52	2.23	0.11
NP After MI And SOA Margin (%)	9.42	8.87	9.52	2.23	0.11
Return on Networth / Equity (%)	7.82	19.42	26.11	9.29	0.48
Return on Capital Employeed (%)	11.19	26.17	22.33	15.91	9.66
Return On Assets (%)	6.47	13.33	13.41	2.71	0.12
Long Term Debt / Equity (X)	0.03	0.04	0.37	1.08	1.33
Total Debt / Equity (X)	0.06	0.15	0.50	1.21	1.82
Asset Turnover Ratio (%)	0.91	1.51	1.47	1.20	1.12
Current Ratio (X)	5.56	1.55	1.53	1.07	0.97
Quick Ratio (X)	4.96	0.99	1.05	0.70	0.63
Inventory Turnover Ratio (X)	6.81	7.46	7.57	6.33	6.76
Dividend Payout Ratio (NP) (%)	9.42	5.20	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	7.51	4.15	0.00	0.00	0.00
Earning Retention Ratio (%)	90.58	94.80	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	92.49	95.85	0.00	0.00	0.00
Interest Coverage Ratio (X)	15.65	10.39	5.05	2.49	1.68
Interest Coverage Ratio (Post Tax) (X)	10.17	7.02	4.45	1.48	1.02
Enterprise Value (Cr.)	2147.95	1263.80	1783.86	190.68	157.34
EV / Net Operating Revenue (X)	4.62	2.47	3.78	0.51	0.44
EV / EBITDA (X)	27.42	16.14	27.17	4.41	5.04
MarketCap / Net Operating Revenue (X)	5.23	2.46	3.65	0.23	0.05
Retention Ratios (%)	90.57	94.79	0.00	0.00	0.00
Price / BV (X)	4.34	5.39	10.00	0.97	0.23
Price / Net Operating Revenue (X)	5.23	2.46	3.65	0.23	0.05
EarningsYield	0.01	0.03	0.02	0.09	0.02

After reviewing the key financial ratios for XPRO India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 21.81. This value is within the healthy range. It has decreased from 25.57 (Mar 23) to 21.81, marking a decrease of 3.76.
For Diluted EPS (Rs.), as of Mar 24, the value is 21.77. This value is within the healthy range. It has decreased from 24.35 (Mar 23) to 21.77, marking a decrease of 2.58.
For Cash EPS (Rs.), as of Mar 24, the value is 24.97. This value is within the healthy range. It has decreased from 31.23 (Mar 23) to 24.97, marking a decrease of 6.26.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 254.38. It has increased from 128.24 (Mar 23) to 254.38, marking an increase of 126.14.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 254.38. It has increased from 128.24 (Mar 23) to 254.38, marking an increase of 126.14.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 211.22. It has decreased from 280.56 (Mar 23) to 211.22, marking a decrease of 69.34.
For PBDIT / Share (Rs.), as of Mar 24, the value is 35.55. This value is within the healthy range. It has decreased from 42.98 (Mar 23) to 35.55, marking a decrease of 7.43.
For PBIT / Share (Rs.), as of Mar 24, the value is 30.49. This value is within the healthy range. It has decreased from 36.66 (Mar 23) to 30.49, marking a decrease of 6.17.
For PBT / Share (Rs.), as of Mar 24, the value is 27.30. This value is within the healthy range. It has decreased from 32.52 (Mar 23) to 27.30, marking a decrease of 5.22.
For Net Profit / Share (Rs.), as of Mar 24, the value is 19.91. This value is within the healthy range. It has decreased from 24.91 (Mar 23) to 19.91, marking a decrease of 5.00.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 19.91. This value is within the healthy range. It has decreased from 24.91 (Mar 23) to 19.91, marking a decrease of 5.00.
For PBDIT Margin (%), as of Mar 24, the value is 16.82. This value is within the healthy range. It has increased from 15.32 (Mar 23) to 16.82, marking an increase of 1.50.
For PBIT Margin (%), as of Mar 24, the value is 14.43. This value is within the healthy range. It has increased from 13.06 (Mar 23) to 14.43, marking an increase of 1.37.
For PBT Margin (%), as of Mar 24, the value is 12.92. This value is within the healthy range. It has increased from 11.59 (Mar 23) to 12.92, marking an increase of 1.33.
For Net Profit Margin (%), as of Mar 24, the value is 9.42. This value is within the healthy range. It has increased from 8.87 (Mar 23) to 9.42, marking an increase of 0.55.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 9.42. This value is within the healthy range. It has increased from 8.87 (Mar 23) to 9.42, marking an increase of 0.55.
For Return on Networth / Equity (%), as of Mar 24, the value is 7.82. This value is below the healthy minimum of 15. It has decreased from 19.42 (Mar 23) to 7.82, marking a decrease of 11.60.
For Return on Capital Employeed (%), as of Mar 24, the value is 11.19. This value is within the healthy range. It has decreased from 26.17 (Mar 23) to 11.19, marking a decrease of 14.98.
For Return On Assets (%), as of Mar 24, the value is 6.47. This value is within the healthy range. It has decreased from 13.33 (Mar 23) to 6.47, marking a decrease of 6.86.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.03. This value is below the healthy minimum of 0.2. It has decreased from 0.04 (Mar 23) to 0.03, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.06. This value is within the healthy range. It has decreased from 0.15 (Mar 23) to 0.06, marking a decrease of 0.09.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.91. It has decreased from 1.51 (Mar 23) to 0.91, marking a decrease of 0.60.
For Current Ratio (X), as of Mar 24, the value is 5.56. This value exceeds the healthy maximum of 3. It has increased from 1.55 (Mar 23) to 5.56, marking an increase of 4.01.
For Quick Ratio (X), as of Mar 24, the value is 4.96. This value exceeds the healthy maximum of 2. It has increased from 0.99 (Mar 23) to 4.96, marking an increase of 3.97.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.81. This value is within the healthy range. It has decreased from 7.46 (Mar 23) to 6.81, marking a decrease of 0.65.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 9.42. This value is below the healthy minimum of 20. It has increased from 5.20 (Mar 23) to 9.42, marking an increase of 4.22.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 7.51. This value is below the healthy minimum of 20. It has increased from 4.15 (Mar 23) to 7.51, marking an increase of 3.36.
For Earning Retention Ratio (%), as of Mar 24, the value is 90.58. This value exceeds the healthy maximum of 70. It has decreased from 94.80 (Mar 23) to 90.58, marking a decrease of 4.22.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 92.49. This value exceeds the healthy maximum of 70. It has decreased from 95.85 (Mar 23) to 92.49, marking a decrease of 3.36.
For Interest Coverage Ratio (X), as of Mar 24, the value is 15.65. This value is within the healthy range. It has increased from 10.39 (Mar 23) to 15.65, marking an increase of 5.26.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 10.17. This value is within the healthy range. It has increased from 7.02 (Mar 23) to 10.17, marking an increase of 3.15.
For Enterprise Value (Cr.), as of Mar 24, the value is 2,147.95. It has increased from 1,263.80 (Mar 23) to 2,147.95, marking an increase of 884.15.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.62. This value exceeds the healthy maximum of 3. It has increased from 2.47 (Mar 23) to 4.62, marking an increase of 2.15.
For EV / EBITDA (X), as of Mar 24, the value is 27.42. This value exceeds the healthy maximum of 15. It has increased from 16.14 (Mar 23) to 27.42, marking an increase of 11.28.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 5.23. This value exceeds the healthy maximum of 3. It has increased from 2.46 (Mar 23) to 5.23, marking an increase of 2.77.
For Retention Ratios (%), as of Mar 24, the value is 90.57. This value exceeds the healthy maximum of 70. It has decreased from 94.79 (Mar 23) to 90.57, marking a decrease of 4.22.
For Price / BV (X), as of Mar 24, the value is 4.34. This value exceeds the healthy maximum of 3. It has decreased from 5.39 (Mar 23) to 4.34, marking a decrease of 1.05.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 5.23. This value exceeds the healthy maximum of 3. It has increased from 2.46 (Mar 23) to 5.23, marking an increase of 2.77.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 23) to 0.01, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of XPRO India Ltd as of March 13, 2025 is: ₹1,285.30

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 13, 2025, XPRO India Ltd is Undervalued by 17.16% compared to the current share price 1,097.00

Intrinsic Value of XPRO India Ltd as of March 13, 2025 is: 1,713.39

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 13, 2025, XPRO India Ltd is Undervalued by 56.19% compared to the current share price 1,097.00

Last 5 Year EPS CAGR: 33.31%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 25.08, which is a positive sign. The company has higher reserves (172.38 cr) compared to borrowings (143.08 cr), indicating strong financial stability. The company has shown consistent growth in sales (357.15 cr) and profit (12.92 cr) over the years.	The stock has a low average ROCE of 8.17%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 32.00, which may not be favorable.

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 XPRO India Ltd:
1. Net Profit Margin: 9.42%
  - 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.
2. ROCE: 11.19% (Industry Average ROCE: 11.98%)
  - 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.
3. ROE%: 7.82% (Industry Average ROE: 34.11%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 10.17
  - 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.
5. Quick Ratio: 4.96
  - 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.
6. Stock P/E: 53.9 (Industry average Stock P/E: 75.4)
  - 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.
7. Total Debt / Equity: 0.06
  - 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.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Xpro India Ltd. is a Public Limited Listed company incorporated on 26/11/1997 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L25209WB1997PLC085972 and registration number is 085972. Currently Company is involved in the business activities of Manufacture of semi-finished of plastic products (plastic plates, sheets, blocks, film, foil, strip etc.). Company's Total Operating Revenue is Rs. 465.41 Cr. and Equity Capital is Rs. 22.03 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Packaging & Containers	Biax Division: Barjora-Mejia Road, Bankura District West Bengal 722202	cosec@xproindia.com http://www.xproindia.com

Management
Name	Position Held
Mr. Sidharth Birla	Chairman
Mr. C Bhaskar	Managing Director & CEO
Mrs. Madhushree Birla	Director
Mr. Amitabha Guha	Director
Mr. Ashok Kumar Jha	Director
Mr. Utsav Parekh	Director
Mr. S Ragothaman	Director
Mr. K Balakrishnan	Director
Mr. Bharat Jhaver	Director
Ms. Suhana Murshed	Director
Ms. Nandini Khaitan	Director
Mr. Manoj Mohanka	Director

FAQ

What is the latest intrinsic value of XPRO India Ltd?

The latest intrinsic value of XPRO India Ltd as on 12 March 2025 is ₹1285.30, which is 17.16% higher than the current market price of ₹1,097.00, indicating the stock is undervalued by 17.16%. The intrinsic value of XPRO India Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹2,445 Cr. and recorded a high/low of ₹1,677/860 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹558 Cr and total liabilities of ₹770 Cr.

What is the Market Cap of XPRO India Ltd?

The Market Cap of XPRO India Ltd is 2,445 Cr..

What is the current Stock Price of XPRO India Ltd as on 12 March 2025?

The current stock price of XPRO India Ltd as on 12 March 2025 is ₹1,097.

What is the High / Low of XPRO India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of XPRO India Ltd stocks is ₹1,677/860.

What is the Stock P/E of XPRO India Ltd?

The Stock P/E of XPRO India Ltd is 53.9.

What is the Book Value of XPRO India Ltd?

The Book Value of XPRO India Ltd is 261.

What is the Dividend Yield of XPRO India Ltd?

The Dividend Yield of XPRO India Ltd is 0.18 %.

What is the ROCE of XPRO India Ltd?

The ROCE of XPRO India Ltd is 15.4 %.

What is the ROE of XPRO India Ltd?

The ROE of XPRO India Ltd is 11.4 %.

What is the Face Value of XPRO India Ltd?

The Face Value of XPRO India Ltd is 10.0.