Sector Alpha Week of 2026-09-11
Not SEBI Registered !! Not Investment advice !!
Sector Alpha — machine-written from the numbers · Data as of 2026-09-11

Prozone Realty Ltd

PROZONER
Miscellaneous

Prozone Realty Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk.

The price is in a downtrend (10 weeks in) while the P/E sits at the 40th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit −65.6% year on year, and 241% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.

Price
₹52.9
+22.7% 1Y
P/E
66.8×
40th pctile
of its own 10-year range
Revenue (Jun 26)
₹15.2 Cr
+105.7% YoY
Profit (Jun 26)
₹1.3 Cr
−65.6% YoY
Operating margin
−35.6%
+8.2 pp YoY
ROCE
−1%
FY26
ROIC
3.0%
vs WACC 12.0% → −9.0 pp
Cash conversion
241%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified. PEG is the exception: the quarterly curve is not drawn at all. PEG asks what is being paid for growth — both sides of that division come from the source that could not be checked, so it is withheld instead of marked.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Prozone Realty Ltd trades at ₹52.9, in a downtrend and 10 weeks into that stage. That is +10.9% against its own 200-day average. It sits at 40% of a 52-week range of ₹42 to ₹70. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks.

Today the stock is in a downtrend — week 10 of stage 4, confirmed. At ₹52.9 it trades +10.9% versus its 200-day average and sits at 40% of its 52-week range (₹42–₹70).

Sep 26: ₹52.9 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
+10.9% versus the 200-day line, week 10 of stage 4
Price50-day avg200-day avg
S2S4S2₹73.7₹59.9₹46.2₹32.5₹18.8₹53₹48Sep 23Jun 24Mar 25Jan 26Sep 26
S2S4S2₹73.7₹59.9₹46.2₹32.5₹18.8₹53₹48Sep 23Mar 25Sep 26
Beating or trailing, week by week since 2016 Each cell is one week from 2016 to now (554 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Mar 16Sep 26

Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +107% while the NIFTY 500 moved +267% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 2 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Prozone Realty Ltd trades at 66.8× P/E, mid-range by its own standards (40th percentile). Its long-run median P/E is 79.4×, measured across 10.3 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 66.8× is mid-range by its own standards (40th percentile), against a long-run median of 79.4× measured over 10.3 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 66.8× vs a 79.4× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 10.3-year window; loss-period spikes above 238× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
mid-range by its own standards (40th percentile)
P/EMedianEPS (TTM) (quarterly)
256.2×₹2.4192.2×₹1.8128.1×₹1.264.1×₹0.60.0×₹0.0×66.80×₹1Mar 16Jun 17Feb 20Jun 23Jul 26
256.2×₹2.4192.2×₹1.8128.1×₹1.264.1×₹0.60.0×₹0.0×66.80×₹1Mar 16Feb 20Jul 26
P/E
66.8×
40th percentile of 10y

The price move, decomposed: over 10y, of the +6.4%/yr price move, ~+3.6%/yr came from earnings growth and ~+2.8 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.

03 · What the price assumes

What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.

Solved at its 13 June 2026 price, Prozone Realty Ltd was paying for profit growth of about 26.8% a year. Profit itself has compounded 16.2% a year over the past 10 years. Today the market pays 66.8× P/E, the 40th percentile of its own 10-year range.

What the two numbers say together. The multiple is unremarkable against its own past, and the growth the price is paying for is above what this company has actually delivered.

How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.

04 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Prozone Realty Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 8 quarters across 2 curves, on partial evidence.

Growth, year by year: revenue −63.1% in FY26 Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
120%−30%71%−103%22%−175%−27%−248%−77%−320%%%−63.1%−300%FY16FY21FY26
120%−30%71%−103%22%−175%−27%−248%−77%−320%%%−63.1%−300%FY16FY21FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue stabilising
RevenueProfitEPS
−1.2%348%−8.1%174%−15%0.0%−22%−174%−29%−348%%%−9.9%−65.6%−300%Sep 23Dec 24Jun 26
−1.2%348%−8.1%174%−15%0.0%−22%−174%−29%−348%%%−9.9%−65.6%−300%Sep 23Dec 24Jun 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
7.6%5.3%3.0%0.7%−1.6%%−1%FY23FY24FY26
7.6%5.3%3.0%0.7%−1.6%%−1%FY23FY24FY26
Revenue growth
Stuck low
latest −9.9% · span −26.7% to −3.1%
ROCE
Falling
latest −1.0% · span −1.0%–7.0%

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue−63.1%−27.5%+8.0%−2.6%
Profit−22.0%+16.2%
EPS−25.0%+3.8%
Share price+22.7%+19.5%+13.1%+6.4%
Revenue YoY (Jun 26)
+105.7%
latest quarter vs a year ago
Profit YoY (Jun 26)
−65.6%
latest quarter vs a year ago
Revenue 10y
−2.6%
long-run compound pace
05 · 4-Factor Sector Score

4-Factor Sector Score

46.4/100 — rank 17 of 36 in Miscellaneous · 80% evidence confidence

Prozone Realty Ltd scores 46.4 out of 100 against the 36 companies it is compared with in Miscellaneous, ranking 17. Price leads the evidence: RS versus the benchmark is 3.1%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

The four contributions add to the total exactly: 17 + 6.4 + 9.6 + 13.4 = 46.4. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

06 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Prozone Realty Ltd reported ₹15.2 Cr of revenue in the Jun 26 quarter, +105.7% year on year. Over 10 years it has compounded at −2.6% a year. The last full year, FY26, came in at ₹66.0 Cr. The last four reported quarters add to ₹139 Cr.

FY26 revenue came in at ₹66.0 Cr (−63.1% on the year), capping 10 years at −2.6% compound. The latest quarter (Jun 26) printed ₹15.2 Cr, +105.7% year on year.

FY26 revenue ₹66.0 Cr (−63.1% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
−2.6% a year over 10 years
RevenueYoY growth
200120%15071%10022%50−27%0−77%₹ Cr%₹66−63.1%FY16FY21FY26
200120%15071%10022%50−27%0−77%₹ Cr%₹66−63.1%FY16FY21FY26
Jun 26: ₹15.2 Cr (+105.7% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
63120%4767%3114%16−39%0−92%₹ Cr%₹15105.7%Sep 23Dec 24Jun 26
63120%4767%3114%16−39%0−92%₹ Cr%₹15105.7%Sep 23Dec 24Jun 26

Pace check: the last four quarters averaged +16.5% growth against the decade's −2.6% — the current year is running faster than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew −9.9% over the last 4 quarters against −7.8%/yr over the last 8 — stabilising.

07 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Prozone Realty Ltd's operating margin is −35.6% in the Jun 26 quarter, +8.2 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −18.0% to 57.0%. The current quarter is running below every full year in that window.

The latest quarter's operating margin is −35.6%, +8.2 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −18.0%–57.0%.

Why the margin moved: operating margin went +8.2 pp year on year while gross margin went −2.8 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY26: −18.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 13-year window.
within a −18.0–57.0% band over 13 years
operating marginYoY change (pp)
63%37%41%15%20%−6.0%−2.3%−27%−24%−49%%%−18%−43%FY14FY20FY26
63%37%41%15%20%−6.0%−2.3%−27%−24%−49%%%−18%−43%FY14FY20FY26
Jun 26: −35.6% operating margin (+8.2 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
48%23%24%0.0%−1.1%−24%−26%−48%−51%−72%%%−35.6%8.2%Sep 23Dec 24Jun 26
48%23%24%0.0%−1.1%−24%−26%−48%−51%−72%%%−35.6%8.2%Sep 23Dec 24Jun 26
08 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Prozone Realty Ltd earned ₹1.3 Cr of net profit in the Jun 26 quarter, −65.6% year on year. Full-year FY26 profit was ₹18.0 Cr. The 10-year compound rate is 16.2%. That is 8.5% of the quarter's revenue. The same quarter a year earlier earned ₹3.8 Cr. 4 of the last 12 reported quarters were loss-making.

Jun 26 profit was ₹1.3 Cr, −65.6% year on year. On the full year, FY26 printed ₹18.0 Cr (null), and the 10-year compound rate is 16.2%.

FY26 profit ₹18.0 Cr (null YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
16.2% a year over 10 years
Net profitYoY growth
4598%19−439%−8−975%−35−1,512%−61−2,048%₹ Cr%₹18−1,900%FY16FY21FY26
4598%19−439%−8−975%−35−1,512%−61−2,048%₹ Cr%₹18−1,900%FY16FY21FY26
Jun 26: ₹1.3 Cr (−65.6% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
12866%−6544%−23222%−40−100%−58−421%₹ Cr%₹1−65.6%Sep 23Dec 24Jun 26
12866%−6544%−23222%−40−100%−58−421%₹ Cr%₹1−65.6%Sep 23Dec 24Jun 26

🚨 Why profit moved: revenue contributed +105.7% and the margin +8.2 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +262.1% vs revenue +16.5%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

09 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 241% of Prozone Realty Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹0.0 Cr of operating cash against ₹18.0 Cr of profit. After ₹−26.0 Cr of capital spending, ₹26.0 Cr was left as free cash.

FY26: operating cash of ₹0.0 Cr against reported profit of ₹18.0 Cr, leaving free cash of ₹26.0 Cr after ₹−26.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 241% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹0.0 Cr vs profit ₹18.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution. FY16/FY18 reflects an acquisition year — point shown clipped.
241% of 3-year profit arrived as cash
Operating cashNet profitFree cash
105544−46−97₹ Cr₹0₹18₹26FY16FY21FY26
105544−46−97₹ Cr₹0₹18₹26FY16FY21FY26
FY26: CFO = 0% of profit (three-year rate 241%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
532%−309%−1,150%−1,991%−2,832%%0%FY16FY21FY26
532%−309%−1,150%−1,991%−2,832%%0%FY16FY21FY26

Why conversion sits at 241%: the cash cycle stretched 2,384 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

10 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Prozone Realty Ltd's cash conversion cycle runs 2,565 days in FY26, up from 181 days in FY21. Capital spending ran ₹−19.0 Cr over the last 3 years. At FY26 sales of ₹66.0 Cr each day of that cycle holds about ₹0.2 Cr, so roughly ₹464 Cr sits inside the business at any moment.

FY26: debtors at 91 days, inventory at 2,596 days — roughly 85.4 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 2,565 days, looser than FY21's 181.

The full loop: cash goes out to suppliers and production on day 0; stock waits 2,596 days to sell; customers pay about 91 days after that; and suppliers themselves are paid at 122 days — netting out to the 2,565-day cycle.

In money terms: at FY26 sales of ₹66.0 Cr, each day of the cycle holds about ₹0.2 Cr — so the 2,565-day loop keeps roughly ₹464 Cr sitting inside the business at any moment.

FY26: a 2,565-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 13-year window.
+2,384 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
2,8022,0561,311565−181days2,565d2,596d91d122dFY14FY17FY20FY23FY26
2,8022,0561,311565−181days2,565d2,596d91d122dFY14FY20FY26

On the investment side: capital spending of ₹−19.0 Cr over the last 3 fiscal years against ₹51.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹−26.0 Cr, work-in-progress ₹0.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
steady investment
CapexWork-in-progress
27519411433−48₹ Cr₹−26₹0FY16FY18FY21FY23FY26
27519411433−48₹ Cr₹−26₹0FY16FY21FY26

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

11 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified

Prozone Realty Ltd earns a ROCE of −1% in FY26. Return on invested capital clears the cost of that capital by −9.0 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 27.3% net margin on 0.05× asset turns.

FY26 ROCE is −1%.

🚨 Why the return is what it is — the wiring (FY26): 27.3% net margin × 0.05× asset turns × 3.10× balance-sheet leverage ≈ 4.2% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: 3.0% − 12.0% = a −9.0 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

FY26: ROCE −1% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 13-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the full ladder
ROCEROIC (annual)WACC
13%9.3%5.5%1.7%−2.0%%−1%3%FY14FY20FY26
13%9.3%5.5%1.7%−2.0%%−1%3%FY14FY20FY26
Q4 FY26: ROIC 3.3% (TTM) vs WACC 12.0% Trailing-twelve-month ROIC and ROE, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROIC (TTM)ROE (TTM)WACC
15%4.0%−7.1%−18%−29%%3.3%3.4%Q1 FY24Q2 FY25Q4 FY26
15%4.0%−7.1%−18%−29%%3.3%3.4%Q1 FY24Q2 FY25Q4 FY26
12 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified

Prozone Realty Ltd carries total debt of ₹658 Cr against shareholder equity of ₹488 Cr as of Mar 26, a debt-to-equity of 1.35. On the annual view that ratio went from 0.60 in FY22 to 1.35 in FY26. Read the returns elsewhere on this page with that leverage in mind.

Mar 26: total debt of ₹658 Cr against shareholder equity of ₹488 Cr — a debt-to-equity of 1.35. On the annual view, debt-to-equity went from 0.60 (FY22) to 1.35 (FY26). Read the returns on this page with that leverage in mind.

FY26: debt ₹658 Cr at 1.35× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
7111.4×5331.2×3550.9×1780.7×00.4×₹ Cr×₹6581.35×FY22FY24FY26
7111.4×5331.2×3550.9×1780.7×00.4×₹ Cr×₹6581.35×FY22FY24FY26
Mar 26: debt ₹658 Cr, debt-to-equity 1.35 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 12 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
7111.4×5331.2×3550.9×1780.6×00.4×₹ Cr×₹6581.35×Jun 23Sep 24Mar 26
7111.4×5331.2×3550.9×1780.6×00.4×₹ Cr×₹6581.35×Jun 23Sep 24Mar 26
13 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters added 29.6 points of Prozone Realty Ltd over 8 quarters, the biggest move on the register. That takes promoters to 53.6% of the company. Foreign institutions moved +0.0 points over the same window, to 3.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: +29.6 points over 8 quarters to 53.6%; Foreign institutions: +0.0 points over 8 quarters to 3.0%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.

Why the register moved: promoters drove it (+29.6 points) — steady accumulation by institutions reading the same numbers this page reads.

Fiscal-year ends: promoters +29.2 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
80%59%37%16%−5.9%%53.6%3.0%0%43.4%Mar 24Mar 25Mar 26
80%59%37%16%−5.9%%53.6%3.0%0%43.4%Mar 24Mar 25Mar 26
Promoters added 29.6 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
80%59%37%16%−5.9%%53.6%3.0%0%43.4%Jun 23Dec 24Jun 26
80%59%37%16%−5.9%%53.6%3.0%0%43.4%Jun 23Dec 24Jun 26
14 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Prozone Realty Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

15 · Related companies · Miscellaneous
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Gulshan Polyols LtdGULPOLY 70.7/100Favorable setup87% evidence ASLEEP 27.5/35 Revenue 9.4% · PAT 100% · OPM change 7 pp 95% evidence 19.2/25 ROCE 18.6% · OPM 13% 95% evidence 13.2/20 P/E 7.4× · PEG — 50% evidence 10.8/20 RS sector 3.7% · RS bench 7% · 1Y 8.8%5 of 12 weeks ahead 100% evidence
Exact sum: 27.5 + 19.2 + 13.2 + 10.8 = 70.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Sagility LtdSAGILITY 67.6/100Favorable setup87% evidence TURNING 24.7/35 Revenue 29.4% · PAT 49.3% · OPM change 0 pp 100% evidence 15.8/25 ROCE 13.4% · OPM 22% 100% evidence 13.5/20 P/E 20.6× · PEG 1.08 65% evidence 13.6/20 RS sector 7.2% · RS bench 1.7% · 1Y 5.3%3 of 10 weeks ahead 70% evidence
Exact sum: 24.7 + 15.8 + 13.5 + 13.6 = 67.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3IIRM Holdings India Ltd526530 64.2/100Mixed-positive evidence75% evidence LEADER 16.3/35 Revenue 14.9% · PAT 12.7% · OPM change 1.1 pp 95% evidence 19.0/25 ROCE 20.4% · OPM 24.6% 76% evidence 9.9/20 P/E 39.9× · PEG — 15% evidence 19.0/20 RS sector 42.8% · RS bench 47.3% · 1Y 79.1%11 of 12 weeks ahead 100% evidence
Exact sum: 16.3 + 19 + 9.9 + 19 = 64.2 · Decision use: Price leads the evidence: RS versus the benchmark is 47.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
4Exhicon Events Media Solutions Ltd543895 63.7/100Thin evidence · provisional60% evidence TURNING 19.0/35 Revenue 100% · PAT 100% · OPM change 0 pp 48% evidence 20.1/25 ROCE 29.5% · OPM 28% 76% evidence 13.4/20 P/E 19.2× · PEG — 50% evidence 11.2/20 RS sector 2.2% · RS bench -1.9% · 1Y -4.8%2 of 10 weeks ahead 70% evidence
Exact sum: 19 + 20.1 + 13.4 + 11.2 = 63.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5Aeroflex Enterprises LtdAEROENTER 62.8/100Mixed-positive evidence87% evidence LEADER 19.7/35 Revenue 27.5% · PAT 100% · OPM change -5 pp 95% evidence 14.9/25 ROCE 12.6% · OPM 9% 95% evidence 9.0/20 P/E 10.2× · PEG — 50% evidence 19.2/20 RS sector 38.8% · RS bench 42.9% · 1Y 57.7%12 of 12 weeks ahead 100% evidence
Exact sum: 19.7 + 14.9 + 9 + 19.2 = 62.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Global Education LtdGLOBAL 62.5/100Mixed-positive evidence80% evidence TURNING 14.2/35 Revenue 28.2% · PAT 3.3% · OPM change 0.3 pp 95% evidence 19.8/25 ROCE 29.2% · OPM 41% 95% evidence 10.1/20 P/E 24.8× · PEG — 15% evidence 18.4/20 RS sector 32.4% · RS bench 36.9% · 1Y 97.6%2 of 12 weeks ahead 100% evidence
Exact sum: 14.2 + 19.8 + 10.1 + 18.4 = 62.5 · Decision use: Price leads the evidence: RS versus the benchmark is 36.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
7Take Solutions LtdTAKE 58.7/100Thin evidence · provisional57% evidence 24.7/35 Revenue — · PAT 100% · OPM change 2932.2 pp 57% evidence 8.5/25 ROCE 11.2% · OPM — 80% evidence 8.5/20 P/E 3222× · PEG — 15% evidence 17.0/20 RS sector 71.1% · RS bench 71.4% · 1Y 300.4%11 of 12 weeks ahead to 2026-05-03 70% evidence
Exact sum: 24.7 + 8.5 + 8.5 + 17 = 58.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8R K Swamy LtdRKSWAMY 57.1/100Mixed-positive evidence65% evidence 22.5/35 Revenue 14.3% · PAT 17.3% · OPM change 2.6 pp 95% evidence 15.6/25 ROCE 12.3% · OPM 10.4% 95% evidence 10.7/20 P/E 19.5× · PEG — 15% evidence 8.3/20 RS sector — · RS bench -16.7% · 1Y —4 of 5 weeks ahead to 2026-08-16 25% evidence
Exact sum: 22.5 + 15.6 + 10.7 + 8.3 = 57.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Aegis Vopak Terminals LtdAEGISVOPAK 55.8/100Mixed-positive evidence60% evidence BREAKING OUT 21.9/35 Revenue 25.9% · PAT 40.9% · OPM change 2 pp 95% evidence 13.2/25 ROCE 7.6% · OPM 77% 76% evidence 8.9/20 P/E 121× · PEG — 15% evidence 11.8/20 RS sector — · RS bench 25.5% · 1Y 24.5%10 of 10 weeks ahead 25% evidence
Exact sum: 21.9 + 13.2 + 8.9 + 11.8 = 55.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Parin Enterprises LtdPARIN 52.2/100Mixed-positive evidence63% evidence FADING 19.4/35 Revenue 100% · PAT 100% · OPM change -3 pp 48% evidence 11.6/25 ROCE 10.8% · OPM 9% 95% evidence 9.1/20 P/E 117× · PEG — 15% evidence 12.1/20 RS sector 5.1% · RS bench 8.7% · 1Y 46.8%8 of 12 weeks ahead 100% evidence
Exact sum: 19.4 + 11.6 + 9.1 + 12.1 = 52.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Eveready Industries India LtdEVEREADY 50.9/100Mixed-positive evidence94% evidence TURNING 18.9/35 Revenue 8.7% · PAT 100% · OPM change 1 pp 100% evidence 13.6/25 ROCE 17.2% · OPM 15% 100% evidence 9.0/20 P/E 16.6× · PEG 2.1 100% evidence 9.4/20 RS sector -9.5% · RS bench 8.6% · 1Y -22.3%6 of 10 weeks ahead 70% evidence
Exact sum: 18.9 + 13.6 + 9 + 9.4 = 50.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12GMR Airports LtdGMRAIRPORT 50.8/100Mixed-positive evidence74% evidence ASLEEP 22.7/35 Revenue 38.8% · PAT 100% · OPM change 1 pp 74% evidence 11.3/25 ROCE 11.6% · OPM 37% 100% evidence 8.7/20 P/E 184× · PEG — 15% evidence 8.1/20 RS sector -2.8% · RS bench 0.5% · 1Y 14%6 of 12 weeks ahead 100% evidence
Exact sum: 22.7 + 11.3 + 8.7 + 8.1 = 50.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Anzen India Energy Yield Plus TrustANZEN 50.3/100Mixed-positive evidence60% evidence TURNING 20.7/35 Revenue 100% · PAT 100% · OPM change -9 pp 95% evidence 9.1/25 ROCE 3.3% · OPM 80% 76% evidence 9.3/20 P/E 99.7× · PEG — 15% evidence 11.2/20 RS sector — · RS bench 7.3% · 1Y 8.7%1 of 10 weeks ahead 25% evidence
Exact sum: 20.7 + 9.1 + 9.3 + 11.2 = 50.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Jai Corp LtdJAICORPLTD 48.3/100Mixed-negative evidence74% evidence BASING 19.6/35 Revenue 2.7% · PAT -40.4% · OPM change 9 pp 95% evidence 11.4/25 ROCE 11.8% · OPM 15% 95% evidence 10.9/20 P/E 17.8× · PEG — 15% evidence 6.4/20 RS sector -8.2% · RS bench -19.2% · 1Y -40.2%1 of 10 weeks ahead 70% evidence
Exact sum: 19.6 + 11.4 + 10.9 + 6.4 = 48.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15Inox Green Energy Services LtdINOXGREEN 48.0/100Mixed-negative evidence75% evidence ASLEEP 22.2/35 Revenue 16.5% · PAT 100% · OPM change -13.2 pp 95% evidence 9.1/25 ROCE 8.4% · OPM -2.2% 76% evidence 9.7/20 P/E 58.4× · PEG — 15% evidence 7.0/20 RS sector -6% · RS bench -2.9% · 1Y 19.3%5 of 12 weeks ahead 100% evidence
Exact sum: 22.2 + 9.1 + 9.7 + 7 = 48 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16TCC Concept LtdTCC 47.5/100Mixed-negative evidence81% evidence BASING 16.6/35 Revenue 100% · PAT 51.1% · OPM change -45 pp 95% evidence 11.8/25 ROCE 5.7% · OPM 36% 95% evidence 14.1/20 P/E 20× · PEG — 50% evidence 5.0/20 RS sector -17.6% · RS bench -31.9% · 1Y -89.7%0 of 11 weeks ahead 70% evidence
Exact sum: 16.6 + 11.8 + 14.1 + 5 = 47.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17Prozone Realty Ltdthis pagePROZONER 46.4/100Mixed-negative evidence80% evidence TURNING 17.0/35 Revenue -9.9% · PAT 100% · OPM change 8.2 pp 95% evidence 6.4/25 ROCE -1% · OPM -35.6% 95% evidence 9.6/20 P/E 62.1× · PEG — 15% evidence 13.4/20 RS sector -0.3% · RS bench 3.1% · 1Y 21.7%1 of 12 weeks ahead 100% evidence
Exact sum: 17 + 6.4 + 9.6 + 13.4 = 46.4 · Decision use: Price leads the evidence: RS versus the benchmark is 3.1%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
18Aqylon Nexus LtdAQYLON 45.9/100Mixed-negative evidence72% evidence BASING 18.5/35 Revenue 100% · PAT 100% · OPM change 2358 pp 71% evidence 18.8/25 ROCE 131% · OPM 58% 95% evidence 8.6/20 P/E 759× · PEG — 15% evidence 0.0/20 RS sector -76.3% · RS bench -75.3% · 1Y -79.6%0 of 12 weeks ahead 100% evidence
Exact sum: 18.5 + 18.8 + 8.6 + 0 = 45.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19Jindal Photo LtdJINDALPHOT 43.3/100Mixed-negative evidence77% evidence ASLEEP 20.4/35 Revenue 100% · PAT -80% · OPM change 15 pp 95% evidence 10.1/25 ROCE -1.4% · OPM 98% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 2.8/20 RS sector -19.1% · RS bench -16.2% · 1Y -14.4%1 of 12 weeks ahead 100% evidence
Exact sum: 20.4 + 10.1 + 10 + 2.8 = 43.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20Shipping Corporation of India Land & Assets LtdSCILAL 42.8/100Mixed-negative evidence80% evidence BASING 24.2/35 Revenue 23.8% · PAT 100% · OPM change 13 pp 95% evidence 5.0/25 ROCE 1.3% · OPM -14% 95% evidence 9.5/20 P/E 62.3× · PEG — 15% evidence 4.1/20 RS sector -17.6% · RS bench -14.8% · 1Y -26.8%2 of 12 weeks ahead 100% evidence
Exact sum: 24.2 + 5 + 9.5 + 4.1 = 42.8 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -17.6% and the one-year return is -26.8%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
21TruAlt Bioenergy LtdTRUALT 40.3/100Mixed-negative evidence63% evidence ASLEEP 10.7/35 Revenue 1.8% · PAT -8.1% · OPM change 7 pp 100% evidence 9.3/25 ROCE 10.4% · OPM 21% 100% evidence 10.3/20 P/E 22.8× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y -21.6%2 of 12 weeks ahead 0% evidence
Exact sum: 10.7 + 9.3 + 10.3 + 10 = 40.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22GKW LtdGKWLIMITED 39.2/100Mixed-negative evidence71% evidence ASLEEP 10.9/35 Revenue -13.5% · PAT 0% · OPM change -2 pp 95% evidence 9.2/25 ROCE 0.5% · OPM 84% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 9.1/20 RS sector -0.9% · RS bench -4.5% · 1Y -9.4%2 of 10 weeks ahead 70% evidence
Exact sum: 10.9 + 9.2 + 10 + 9.1 = 39.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23Unitech LtdUNITECH 36.8/100Mixed-negative evidence69% evidence BASING 18.0/35 Revenue 45.3% · PAT -10% · OPM change 15 pp 71% evidence 3.5/25 ROCE 0.1% · OPM 6% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 5.3/20 RS sector -22.3% · RS bench -19.7% · 1Y -39.9%2 of 12 weeks ahead 100% evidence
Exact sum: 18 + 3.5 + 10 + 5.3 = 36.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
24Kaveri Seed Company LtdKSCL 35.9/100Mixed-negative evidence94% evidence BASING 11.3/35 Revenue 1.4% · PAT -21.7% · OPM change 1 pp 100% evidence 14.4/25 ROCE 18.8% · OPM 40% 100% evidence 4.7/20 P/E 14.8× · PEG 3.12 100% evidence 5.5/20 RS sector -17.2% · RS bench -19.8% · 1Y -40%1 of 11 weeks ahead 70% evidence
Exact sum: 11.3 + 14.4 + 4.7 + 5.5 = 35.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
25Delta Corp LtdDELTACORP 35.4/100Mixed-negative evidence81% evidence BASING 9.7/35 Revenue -9.3% · PAT -80% · OPM change -3 pp 95% evidence 8.6/25 ROCE 5.1% · OPM 18% 95% evidence 12.0/20 P/E 9.4× · PEG — 50% evidence 5.1/20 RS sector -18.1% · RS bench -18.3% · 1Y -36.2%1 of 10 weeks ahead 70% evidence
Exact sum: 9.7 + 8.6 + 12 + 5.1 = 35.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
26Stanley Lifestyles LtdSTANLEY 30.0/100Adverse evidence74% evidence BASING 6.6/35 Revenue -5.6% · PAT -80% · OPM change -3.4 pp 95% evidence 10.8/25 ROCE 6.4% · OPM 17.3% 95% evidence 9.2/20 P/E 112× · PEG — 15% evidence 3.4/20 RS sector -43.7% · RS bench -25.2% · 1Y -54.7%3 of 10 weeks ahead 70% evidence
Exact sum: 6.6 + 10.8 + 9.2 + 3.4 = 30 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
27Embassy Developments LtdEMBDL 26.2/100Adverse evidence64% evidence BASING 5.9/35 Revenue -46.6% · PAT -80% · OPM change -58.4 pp 71% evidence 3.4/25 ROCE -2.4% · OPM -60% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 6.9/20 RS sector -18.4% · RS bench -15.8% · 1Y -42.9%6 of 12 weeks ahead 100% evidence
Exact sum: 5.9 + 3.4 + 10 + 6.9 = 26.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
28RattanIndia Enterprises LtdRTNINDIA 17.5/100Adverse evidence74% evidence ASLEEP 2.7/35 Revenue 2.1% · PAT -80% · OPM change -23.9 pp 100% evidence 1.0/25 ROCE -4.8% · OPM 2.1% 100% evidence 10.0/20 P/E — · PEG — 0% evidence 3.8/20 RS sector -32.1% · RS bench -24.4% · 1Y -55.3%1 of 10 weeks ahead 70% evidence
Exact sum: 2.7 + 1 + 10 + 3.8 = 17.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
29Central Mine Planning & Design Institute LtdCMPDI 63.2/100Thin evidence · provisional40% evidence ASLEEP 22.4/35 Revenue — · PAT — · OPM change 8 pp 34% evidence 20.6/25 ROCE 38.1% · OPM 30% 100% evidence 10.2/20 P/E 23.5× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —4 of 9 weeks ahead 0% evidence
Exact sum: 22.4 + 20.6 + 10.2 + 10 = 63.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
30FlySBS Aviation LtdFLYSBS 57.7/100Thin evidence · provisional41% evidence BREAKING OUT 15.4/35 Revenue — · PAT — · OPM change -8 pp 26% evidence 19.4/25 ROCE 32.5% · OPM 21% 95% evidence 10.6/20 P/E 20× · PEG — 15% evidence 12.3/20 RS sector — · RS bench 43.9% · 1Y 14.1%6 of 10 weeks ahead 25% evidence
Exact sum: 15.4 + 19.4 + 10.6 + 12.3 = 57.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
31Qualitek Labs Ltd544091 54.3/100Thin evidence · provisional29% evidence BREAKING OUT 17.3/35 Revenue — · PAT — · OPM change -3 pp 7% evidence 15.1/25 ROCE 11.9% · OPM 26% 76% evidence 9.8/20 P/E 44.2× · PEG — 15% evidence 12.1/20 RS sector — · RS bench 42.7% · 1Y —4 of 6 weeks ahead 25% evidence
Exact sum: 17.3 + 15.1 + 9.8 + 12.1 = 54.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
32Shree Vasu Logistics LtdSVLL 52.6/100Thin evidence · provisional50% evidence BREAKING OUT 18.3/35 Revenue — · PAT — · OPM change 0.8 pp 26% evidence 16.0/25 ROCE 12.9% · OPM 25.8% 95% evidence 8.8/20 P/E 126× · PEG — 15% evidence 9.5/20 RS sector -16.1% · RS bench 17.5% · 1Y 2.2%10 of 10 weeks ahead 70% evidence
Exact sum: 18.3 + 16 + 8.8 + 9.5 = 52.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
33Indiqube Spaces LtdINDIQUBE 49.7/100Thin evidence · provisional49% evidence BREAKING OUT 18.9/35 Revenue 38.9% · PAT 30.4% · OPM change 0 pp 71% evidence 9.3/25 ROCE 6.4% · OPM 61% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 11.5/20 RS sector — · RS bench 10.4% · 1Y -11.8%5 of 10 weeks ahead 25% evidence
Exact sum: 18.9 + 9.3 + 10 + 11.5 = 49.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
34Maagh Advertising & Marketing Services Ltd543624 49.5/100Thin evidence · provisional35% evidence 18.4/35 Revenue — · PAT — · OPM change 275.6 pp 32% evidence 9.1/25 ROCE -0.4% · OPM 55.6% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 12.0/20 RS sector — · RS bench 37% · 1Y —7 of 9 weeks ahead to 2025-03-19 25% evidence
Exact sum: 18.4 + 9.1 + 10 + 12 = 49.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
35Tandhan Industries Ltd512062 46.3/100Thin evidence · provisional33% evidence BREAKING OUT 20.2/35 Revenue — · PAT 100% · OPM change — 33% evidence 6.7/25 ROCE -0.3% · OPM 15.8% 76% evidence 9.4/20 P/E 71.2× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —10 of 10 weeks ahead 0% evidence
Exact sum: 20.2 + 6.7 + 9.4 + 10 = 46.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
36Shree Rama Newsprint LtdRAMANEWS 45.4/100Thin evidence · provisional46% evidence 14.1/35 Revenue -20% · PAT 69.8% · OPM change -8 pp 40% evidence 6.1/25 ROCE 1.9% · OPM 8% 71% evidence 10.0/20 P/E — · PEG — 0% evidence 15.2/20 RS sector 9.7% · RS bench 10.5% · 1Y 21.7%11 of 12 weeks ahead to 2026-04-19 70% evidence
Exact sum: 14.1 + 6.1 + 10 + 15.2 = 45.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

16 · Frequently asked questions

Frequently asked questions

What is Prozone Realty Ltd's share price today?

Prozone Realty Ltd trades at ₹52.9, +22.7% over the past year. The company is valued at ₹807 Cr. The stock sits at 40% of its 52-week range of ₹42–₹70, +10.9% versus its 200-day average. On the tape, the price is in a downtrend, 10 weeks in. — as of 11 September 2026.

What were Prozone Realty Ltd's latest quarterly results?

Prozone Realty Ltd reported revenue of ₹15.2 Cr and net profit of ₹1.3 Cr for the Jun 26 quarter. Revenue rose 105.7% and profit fell 65.6% year on year. Earnings per share were ₹0.09. The operating margin was −35.6%, 8.2 pp higher than a year earlier. — as of 11 September 2026.

What is Prozone Realty Ltd's revenue?

Prozone Realty Ltd reported revenue of ₹15.2 Cr in the Jun 26 quarter, +105.7% year on year. For the full FY26 fiscal year, revenue was ₹66.0 Cr (−63.1%). Over the last 10 years revenue compounded at −2.6% a year. — as of 11 September 2026.

What is Prozone Realty Ltd's profit?

Prozone Realty Ltd earned ₹1.3 Cr of net profit in the Jun 26 quarter, −65.6% year on year. Full-year FY26 profit was ₹18.0 Cr. The operating margin ran −35.6% in the latest quarter. — as of 11 September 2026.

What is Prozone Realty Ltd's market cap?

Prozone Realty Ltd's market capitalisation is ₹807 Cr at a share price of ₹52.9. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.

What is Prozone Realty Ltd's P/E ratio?

Prozone Realty Ltd trades at a P/E of 66.8×, at the 40th percentile of its own 10-year range, against a long-run median of 79.4×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.

Does Prozone Realty Ltd pay a dividend?

No — Prozone Realty Ltd has recorded a dividend payout of 0% of profit in each of its last 13 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 11 September 2026.

Is Prozone Realty Ltd overvalued?

On its own history, Prozone Realty Ltd looks mid-range: its P/E of 66.8× sits at the 40th percentile of its 10-year range (long-run median 79.4×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.

Is Prozone Realty Ltd growing?

Yes — Prozone Realty Ltd is growing: latest-quarter revenue +105.7% year on year, profit −65.6%, and the margin +8.2 pp at −35.6%. The 10-year compound rates are −2.6% (revenue) and 16.2% (profit). The earnings engine currently reads: improving — as of 11 September 2026.

How is Prozone Realty Ltd performing?

Prozone Realty Ltd is in a downtrend, 10 weeks in. Its latest quarter's revenue rose 105.7% and profit fell 65.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 2 weeks. This describes what the data did, not a rating. — as of 11 September 2026.

Is Prozone Realty Ltd in an uptrend?

No — the price is in a downtrend (week 10 of stage 4), trading +10.9% versus its 200-day average and at 40% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.

Is Prozone Realty Ltd beating the market?

On recent form, yes — Prozone Realty Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +107% against the NIFTY 500's +267% — behind the index over the full window. — as of 11 September 2026.

Will Prozone Realty Ltd's share price go up?

This page publishes no price forecast for Prozone Realty Ltd. What it measures instead: the share price is ₹52.9, the price is in a downtrend 10 weeks in. Its P/E of 66.8× sits at the 40th percentile of its own 10-year range. — as of 11 September 2026.

Who owns Prozone Realty Ltd?

Promoters hold 53.6% of Prozone Realty Ltd, foreign institutions 3.0%, domestic institutions 0.0% and the public 43.4% (latest quarter). The biggest move on the register over the last two years: Promoters added 29.6 points over 8 quarters. — as of 11 September 2026.

Does Prozone Realty Ltd have too much debt?

It carries real leverage — Prozone Realty Ltd's debt-to-equity is 1.44, and operating profit covers the interest bill −4×. FY26 borrowings were ₹658 Cr against equity of ₹457 Cr. Read the returns on this page with that leverage in mind — as of 11 September 2026.

What is Prozone Realty Ltd's capex?

Prozone Realty Ltd spent ₹−19.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹−26.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.

What is Prozone Realty Ltd's cash flow?

Prozone Realty Ltd generated ₹0.0 Cr of operating cash flow in FY26 and ₹26.0 Cr of free cash flow after ₹−26.0 Cr of capital spending. Reported profit that year was ₹18.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 11 September 2026.

Is Prozone Realty Ltd's profit real cash?

Yes — over the last 3 fiscal years, 241% of Prozone Realty Ltd's reported profit arrived as operating cash. Though the latest year ran at 0% — the trend is the thing to watch. In FY26, operating cash was ₹0.0 Cr against reported profit of ₹18.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 11 September 2026.

Where is Prozone Realty Ltd in its business cycle?

Prozone Realty Ltd's FY26 operating margin was −18.0%, against a 13-year band of −18.0%–57.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran −35.6%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.

What growth does Prozone Realty Ltd's price assume?

At its price on 13 June 2026, Prozone Realty Ltd was priced for profit growth of about 26.8% a year. Profit itself has compounded 16.2% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.

What could break the Prozone Realty Ltd story?

Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.

Is Prozone Realty Ltd a stock worth studying right now?

This is not investment advice. The machine read: Prozone Realty Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.

Sector Alpha — machine-written from the numbers · Data as of 2026-09-11. Every chart on this page is drawn by deterministic code from the raw series — no forecasts, no price opinions, and nothing here is investment advice.

Not SEBI Registered !! Not Investment advice !!

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