In ₹ Crore except Per Share Latest Annual	MWL FY26	SMLT FY26	INCREDIBLE FY26	HISARMETAL FY26	Peer Average
Valuation — at last close
P/E	◆ 2.25×	20.88×	11.57×	21.79×	18.08× -88%
P/B	◆ 0.39×	0.78×	0.87×	1.15×	0.93× -58%
EV/EBITDA	◆ 3.77×	13.01×	6.78×	12.11×	10.64× -65%
Market Cap	₹113 Cr	₹96.3 Cr	₹137 Cr	₹75.4 Cr	₹103 Cr +9%
Growth
Revenue CAGR 3Y	—	-22.21%	◆ 4.30%	-1.73%	-6.55%
Revenue CAGR 5Y	—	—	11.21%	◆ 11.38%	11.30%
Net Income CAGR 3Y	—	-46.29%	◆ 32.89%	-32.42%	-15.27%
Revenue YoY (latest Q)	13.65%	◆ 19.44%	-3.06%	3.74%	6.71% +104%
Net Income YoY (latest Q)	31.33%	25.34%	6.66%	◆ 328.57%	120.19% -74%
Profitability
EBITDA Margin	◆ 7.44%	4.11%	2.70%	4.96%	3.92% +90%
Net Income Margin	◆ 4.14%	2.40%	1.37%	1.29%	1.69% +145%
Return on Common Equity	◆ 18.57%	3.77%	7.62%	5.26%	5.55% +235%
Return on Capital Employed	◆ 23.91%	4.03%	10.74%	11.25%	8.67% +176%
Return on Assets	◆ 6.48%	3.53%	5.54%	2.05%	3.71% +75%
Credit & Quality
Total Debt/Equity	0.80×	◆ 0.05×	0.21×	1.32×	0.53× +52%
Interest Coverage	2.19×	◆ 10.10×	6.97×	1.47×	6.18× -65%
Scale — latest FY
Revenue / Total Income	₹1,208 Cr	₹192 Cr	₹840 Cr	₹262 Cr	₹432 Cr +180%
Net Income	₹50 Cr	₹4.6 Cr	₹11.5 Cr	₹3.4 Cr	₹6.5 Cr +670%
Total Assets	₹918 Cr	₹137 Cr	₹221 Cr	₹164 Cr	₹174 Cr +427%
EPS	₹16.85	₹3.37	₹2.54	₹6.41	₹4.11 +310%
Book Value per Share	₹98.1	₹90.78	₹33.6	₹121.74	₹82.04 +20%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.