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Pulz Electronics Overview

Pulz Electronics Limited is an Indian company that develops and manufactures audio systems and solutions for the cinema, pro audio, studio and home audio industries. The company offers innovative and cost-effective products, such as amplifiers, speakers, crossovers, speaker management systems, and film mixers. The company also provides customized solutions for technically challenging projects and venues. The company was incorporated in 2005 and is headquartered in Mumbai, India. The company’s shares are listed on NSE SME since November 2...Read More

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Pulz Electronics Key Financials

Market Cap ₹57 Cr.

Stock P/E 13.6

P/B 1.7

Current Price ₹26

Book Value ₹ 15.3

Face Value 10

52W High ₹62.9

Dividend Yield 0%

52W Low ₹ 22.3

Pulz Electronics Share Price

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Volume
Price

Pulz Electronics Quarterly Price

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Pulz Electronics Peer Comparison

Pulz Electronics Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Pulz Electronics Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 12 13 14 18 24 31 9 20 45 39 37
Other Income 0 0 0 1 1 1 1 1 1 1 1
Total Income 12 13 14 19 25 32 10 20 46 39 38
Total Expenditure 11 12 12 16 21 28 10 18 36 28 29
Operating Profit 1 1 3 3 4 3 0 2 10 12 9
Interest 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 -3
Profit Before Tax 0 0 2 2 4 3 -0 2 9 11 6
Provision for Tax 0 0 1 1 1 1 -0 0 2 3 2
Profit After Tax 0 0 1 2 2 2 -0 1 7 8 4
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 1 2 2 2 -0 1 7 8 4
Adjusted Earnings Per Share 0 0.2 0.8 0.7 1.1 1 -0.1 0.6 3.1 3.8 1.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -5% 23% 4% 12%
Operating Profit CAGR -25% 65% 25% 25%
PAT CAGR -50% 59% 15% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -53% -1% 58% NA%
ROE Average 13% 28% 18% 19%
ROCE Average 18% 38% 25% 26%

Pulz Electronics Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 2 4 9 11 13 13 14 21 29 33
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 2 2 2 2 0 1 1 1 1 5 4
Total Current Liabilities 5 4 6 7 9 8 6 7 10 10 7
Total Liabilities 9 9 12 18 21 22 19 22 32 44 44
Fixed Assets 3 3 3 3 4 4 3 3 4 4 3
Other Non-Current Assets 0 0 0 1 1 1 1 0 2 7 8
Total Current Assets 7 6 9 14 15 17 16 19 27 34 32
Total Assets 9 9 12 18 21 22 19 22 32 44 44

Pulz Electronics Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 3 2 4 2 4 2 1
Cash Flow from Operating Activities 1 0 0 1 0 2 -1 2 1 5 3
Cash Flow from Investing Activities -0 -0 -0 -1 -1 -0 0 -0 -2 -5 -4
Cash Flow from Financing Activities -1 -0 -0 3 -0 -0 -0 -0 -0 0 0
Net Cash Inflow / Outflow -0 0 0 3 -2 2 -1 1 -2 -1 -1
Closing Cash & Cash Equivalent 0 0 0 3 2 4 2 4 2 1 1

Pulz Electronics Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.01 0.19 0.84 0.74 1.13 0.98 -0.15 0.6 3.09 3.8 1.91
CEPS(Rs) 0.13 0.31 0.95 0.85 1.32 1.24 0.11 0.84 3.42 4.12 2.23
DPS(Rs) 0 0 0 0 0.06 0 0 0 0.05 0 0
Book NAV/Share(Rs) 1.37 1.56 2.39 4.12 5.25 6.08 5.93 6.53 9.6 13.4 15.31
Core EBITDA Margin(%) 3.75 4.97 14.92 12.03 14.16 8.81 -7.64 8.31 19.77 28.51 22.66
EBIT Margin(%) 3.25 4.13 15.7 14.13 15.76 9.23 -3.56 8.75 20.62 28.41 15.62
Pre Tax Margin(%) 1.33 2.62 14.42 12.79 14.88 9.01 -3.92 8.54 20.48 28.27 15.41
PAT Margin (%) 0.07 2.2 9.05 8.86 10.26 6.88 -3.63 6.66 15.02 21.33 11.16
Cash Profit Margin (%) 1.6 3.66 10.31 10.08 11.99 8.69 2.57 9.25 16.61 23.16 13.02
ROA(%) 0.1 3.26 13.03 10.99 12.73 10.13 -1.58 6.3 24.81 21.7 9.44
ROE(%) 0.43 12.87 42.43 25.35 24.09 17.36 -2.48 9.66 38.33 33.02 13.31
ROCE(%) 10.35 14.18 48.38 31.73 33.7 23.18 -2.43 12.69 52.37 43.6 18.44
Receivable days 15.01 22.63 50.79 41.62 17.72 18.74 77.47 43.21 29.99 36.4 39.51
Inventory Days 132.3 111.04 101.79 116.5 135.45 117.07 380.55 169.25 95.75 143.36 147.59
Payable days 72.7 42.37 77.28 66.22 91 83.52 278.02 131.22 68.77 113.45 89.66
PER(x) 0 0 0 6.06 4.26 2.8 0 15.37 7.07 16.46 21.85
Price/Book(x) 0 0 0 1.1 0.92 0.45 0.41 1.42 2.28 4.67 2.73
Dividend Yield(%) 0 0 0 0 1.3 0 0 0 0.23 0 0
EV/Net Sales(x) 0.18 0.17 0.25 0.47 0.37 0.08 0.33 0.83 1.02 3.36 2.22
EV/Core EBITDA(x) 3.41 2.86 1.39 3 2.1 0.74 12.52 7.32 4.59 11.13 8.88
Net Sales Growth(%) 27.96 10.27 5.98 31.05 33.07 29.92 -71.29 120.15 127.77 -13.52 -3.82
EBIT Growth(%) 14.92 37.83 310.93 11.47 45.97 -23.97 -111.07 641.32 436.64 19.18 -47.11
PAT Growth(%) -91.39 3244.44 345.28 21.19 51.53 -12.87 -115.14 504.19 413.64 22.79 -49.68
EPS Growth(%) -91.39 3244.44 345.28 -11.09 51.53 -12.87 -115.14 504.22 413.64 22.79 -49.68
Debt/Equity(x) 0.71 0.7 0.41 0.22 0 0 0 0 0.01 0.01 0.01
Current Ratio(x) 1.23 1.35 1.53 2.07 1.75 2.14 2.71 2.56 2.69 3.49 4.91
Quick Ratio(x) 0.37 0.5 0.73 1 0.53 0.95 1.15 1.35 1.24 1.84 2.76
Interest Cover(x) 1.69 2.73 12.23 10.48 17.87 43.38 -9.9 41.65 154.22 196.93 73.28
Total Debt/Mcap(x) 0 0 0 0.2 0.01 0.01 0 0 0 0 0

Pulz Electronics Shareholding Pattern

# Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 73.37 73.37 73.37 73.37 73.26 69.66 69.66 69.66 69.66 68.98
FII 0 0 0 0 0 0 0.48 0.48 0.48 0.39
DII 0 0 0 0 0 0 0 0.48 0.53 0.28
Public 26.63 26.63 26.63 26.63 26.74 30.34 29.86 29.38 29.33 30.36
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pulz Electronics News

Pulz Electronics Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 28%
  • Debtor days have improved from 113.45 to 89.66days.
  • Company is almost debt free.

Cons

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