Yogi Ltd

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.

Yogi Ltd trades at ₹161, in a confirmed uptrend and 172 weeks into that stage. That is −1.2% against its own 200-day average. It sits at 22% of a 52-week range of ₹152 to ₹194. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (2 weeks and counting).

Today the stock is in a confirmed uptrend — week 172 of stage 2. At ₹161 it trades −1.2% versus its 200-day average and sits at 22% of its 52-week range (₹152–₹194).

Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +1,894% while the NIFTY 500 moved +267% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (2 weeks and counting; last ahead the week of 2026-08-28) — 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.

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.

Yogi Ltd trades at 54.1× P/E, mid-range by its own standards (68th percentile). Its long-run median P/E is 40.2×, measured across 1.3 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 54.1× is mid-range by its own standards (68th percentile), against a long-run median of 40.2× measured over 1.3 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Why the multiple sits where it does: over the past year annual EPS moved +1,255.6% against a −9.1% price move — earnings outran the price, pushing the multiple DOWN its own range.

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

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).

Yogi 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.

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.

4-Factor Sector Score

47.9/100 — rank 21 of 52 in Trading · 58% evidence confidence

Yogi Ltd scores 47.9 out of 100 against the 52 companies it is compared with in Trading, ranking 21. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 20.3 + 9.9 + 9.5 + 8.2 = 47.9. 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.

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

Yogi Ltd reported ₹48.6 Cr of revenue in the Jun 26 quarter, −46.2% year on year. The last full year, FY26, came in at ₹439 Cr. The last four reported quarters add to ₹398 Cr. A multi-year compound rate is not shown because the annual history behind it is too short to compute one honestly.

FY26 revenue came in at ₹439 Cr (+295.5% on the year). The latest quarter (Jun 26) printed ₹48.6 Cr, −46.2% year on year.

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.

A clean operating margin is not in our numbers for Yogi Ltd — its accounts do not report the operating-profit line this section reads, which is common for lenders and holding companies. The sections above and below carry the readings this company's filings do support.

This company's accounts do not report the operating-profit line this section reads — common for lenders and holding companies classified outside the financial bucket. The revenue and net-profit sections are the cleaner reads for Yogi Ltd.

🚨 Why the margin moved: operating margin went −5.9 pp year on year while gross margin went −5.7 pp — the loss came mostly from the gross line: input costs and pricing.

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

Yogi Ltd posted a net loss of ₹1.6 Cr in the Jun 26 quarter. Full-year FY26 profit was ₹21.0 Cr. That loss is 3.3% of the quarter's revenue. The same quarter a year earlier earned ₹6.3 Cr. 3 of the last 9 reported quarters were loss-making.

Jun 26 profit was ₹−1.6 Cr, −125.6% year on year. On the full year, FY26 printed ₹21.0 Cr (+2,000.0%).

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 2 fiscal years −1,200% of Yogi Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−192 Cr of operating cash against ₹21.0 Cr of profit. After ₹9.0 Cr of capital spending, ₹−201 Cr was left as free cash. Cash resolution here is annual, because quarterly cash statements are not published.

FY26: operating cash of ₹−192 Cr against reported profit of ₹21.0 Cr, leaving free cash of ₹−201 Cr after ₹9.0 Cr of capital spending. Across the last 2 fiscal years the conversion rate is −1,200% of profit.

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

🚨 Why: conversion is measured cleanly, but the working-capital day-counts behind it sit below what we hold — the move is shown without inventing its driver.

Router verdict: the visible cash user is investment — the next section checks what the spending is buying.

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).

Yogi Ltd does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Capital spending ran ₹9.0 Cr over the last 2 years. Averaged over those years that is 1.0% of FY26 revenue a year.

Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.

On the investment side: capital spending of ₹9.0 Cr over the last 2 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

Return on equity Return on equity (ROE) is the profit the business earns on its shareholders’ money. With the full capital-employed split not in our numbers, ROE is the cleanest long ladder we can draw here.

Yogi Ltd earns a ROE of 17% in FY26. That is up from a trough of −1% in FY24. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 4.8% net margin on 0.62× asset turns.

FY26 ROE is 17%, recovered from a FY24 trough of −1% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 4.8% net margin × 0.62× asset turns × 5.12× balance-sheet leverage ≈ 15.2% on equity. Margin does its share; leverage is a meaningful part of the equation.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Yogi Ltd carries ₹253 Cr of borrowings against ₹139 Cr of equity in FY26, a debt-to-equity of 1.82. Over 2 years borrowings went from ₹18.0 Cr to ₹253 Cr. Capital spending ran ₹9.0 Cr across the last 2 of those years.

FY26: borrowings of ₹253 Cr against equity of ₹139 Cr — a debt-to-equity of 1.82. Over 2 years borrowings went from ₹18.0 Cr to ₹253 Cr while capital spending ran ₹9.0 Cr in just the last 2 — part of the build-out is riding on borrowed money.

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 8.3 points of Yogi Ltd over 8 quarters, the biggest move on the register. That takes promoters to 62.7% of the company. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: +8.3 points over 8 quarters to 62.7%.

Why the register moved: promoters drove it (+8.3 points) — steady accumulation by institutions reading the same numbers this page reads.

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.

Yogi 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.

Frequently asked questions