In ₹ Crore except Per Share Latest Annual	SPIC FY26	MADRASFERT FY26	ZUARI FY26	ARIES FY26	Peer Average
Valuation — at last close
P/E	5.36×	10.32×	◆ 0.86×	13.59×	8.26× -35%
P/B	0.83×	9.02×	◆ 0.38×	1.74×	3.71× -78%
EV/EBITDA	5.70×	7.35×	◆ 4.42×	7.72×	6.50× -12%
Market Cap	₹1,135 Cr	₹830 Cr	₹788 Cr	₹582 Cr	₹733 Cr +55%
Growth
Revenue CAGR 3Y	1.48%	-12.61%	-11.09%	◆ 16.15%	-2.52% +159%
Revenue CAGR 5Y	14.12%	8.47%	5.89%	◆ 14.17%	9.51% +48%
Net Income CAGR 3Y	-11.07%	-24.29%	22.15%	◆ 38.55%	12.14% -191%
Revenue YoY (latest Q)	8.73%	◆ 21.07%	-50.63%	16.33%	-4.41% +298%
Net Income YoY (latest Q)	-9.79%	-21.49%	-6.81%	◆ 49.50%	7.07% -239%
Profitability
EBITDA Margin	10.13%	4.78%	9.67%	◆ 10.29%	8.25% +23%
Net Income Margin	7.15%	3.50%	◆ 30.70%	5.73%	13.31% -46%
Return on Common Equity	16.46%	◆ 269.55%	46.63%	13.74%	109.97% -85%
Return on Capital Employed	17.27%	◆ 57.86%	7.89%	17.69%	27.81% -38%
Return on Assets	8.84%	3.52%	◆ 23.74%	6.94%	11.40% -22%
Credit & Quality
Total Debt/Equity	0.51×	6.90×	0.31×	◆ 0.15×	2.45× -79%
Interest Coverage	◆ 9.00×	1.64×	2.47×	3.69×	2.60× +246%
Scale — latest FY
Revenue / Total Income	₹2,956 Cr	₹2,300 Cr	₹3,200 Cr	₹740 Cr	₹2,080 Cr +42%
Net Income	₹211 Cr	₹80.4 Cr	₹982 Cr	₹42.4 Cr	₹368 Cr -43%
Total Assets	₹2,498 Cr	₹2,333 Cr	₹3,251 Cr	₹639 Cr	₹2,074 Cr +20%
EPS	₹10.39	₹4.99	₹218.7	₹32.95	₹85.55 -88%
Book Value per Share	₹67.28	₹5.71	₹496.67	₹257.12	₹253.17 -73%

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

« ‹ › »Latest: FY26 · ConsolidatedFA 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%.