Udaipur-based trading company that sells quartz grit, powder and consumables on a commission basis, largely through a related Oman engineered-stone maker.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 12 | 15 | 18 | 18 | 18 | 19 | 20 | 17 |
| Borrowings | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Total Liabilities | 15 | 18 | 22 | 21 | 22 | 22 | 23 | 21 |
| AssetsFixed Assets | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 7 | 10 | 9 | 9 | 10 | 10 | 8 |
| Other Assets | 11 | 11 | 12 | 12 | 13 | 12 | 12 | 12 |
| Total Assets | 15 | 18 | 22 | 21 | 22 | 22 | 23 | 21 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -1 | -0 | 0 | -1 | -0 | -0 | -1 | -0 |
| Cash from Investing | 0 | -0 | 0 | 1 | 0 | 0 | 1 | 0 |
| Cash from Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -1 | 0 | 0 | -1 | -0 | -0 | -1 | -0 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
ARENTERP · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.