Msafe Equipments Ltd (MSAFE)

Loading page…

Msafe Equipments Ltd (MSAFE) · mywealthgrid

About

Msafe Equipments Ltd operates in the aluminium segment within non-ferrous metals, a capital-intensive commodity industry. With a market capitalisation of ₹429.73 Cr, it is a small-cap player with limited public disclosure. Researchers should verify the company's production capacity, product portfolio, customer base, and competitive positioning within the broader Indian aluminium sector.

Face value: ₹10

Market cap

₹540 Cr

P/E

24.1×

P/B

—

Dividend yield

ROE

—

ROCE

—

Debt / equity

—

OPM

39.5%

EPS (TTM)

₹11.0

Book value

—

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

All profitability metrics unavailable (PE n/a, ROE n/a, OPM n/a, D/E n/a): Verify whether the company is profitable, pre-revenue, loss-making, or simply thinly reported—critical to assess earnings quality and financial leverage.
Institutional investor pullback: FII holdings fell from 3.36% (March 2026) to 2.16% (June 2026); DII fell from 8.94% to 7.6%. Verify whether this reflects operational concerns, valuation skepticism, or sector headwinds.
Cyclical commodity exposure: Aluminium prices and demand fluctuate with construction, automotive, and appliance cycles. Verify the company's cost structure, contract terms, and margin resilience during downturns.
Thinly distributed equity: Public shareholding only 17.01% and minimal institutional participation may limit liquidity and analyst coverage.

Generated analysis · source review pending

Growth drivers

Stock price doubled in 52-week range (₹106.85 to ₹215.05); verify whether driven by capacity expansion, improved orders, sector cyclicality, or valuation sentiment.
Recent results and filing (2026-08-10) disclosed; verify whether these show revenue growth, margin improvement, or profitability turnaround underlying the share re-rating.
Public shareholding rose from 14.86% (March 2026) to 17.01% (June 2026), suggesting new investor participation; verify the catalyst and whether this reflects genuine business momentum or technical factors.

Generated analysis · source review pending

160 historical price candles were omitted because the exchange source has not been verified.

₹264.8-3.4%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 39.5%
+Comfortable interest coverage of 10.2×
+High promoter holding of 73.2% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

67/100

Business quality: 83
Valuation: 52

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Vedanta Aluminium Metal LimitedVAMLVAML	₹1,57,491 Cr	₹1,57,491 Cr	₹0 Cr	₹-0 Cr	—	₹-0 Cr	—	—	—	—
National Aluminium Company LimitedNATIONALUMNATIONALUM	₹61,508 Cr	₹61,508 Cr	₹19,338 Cr	₹9,162 Cr	44.5%	₹6,751 Cr	32.5%	36.8%	29.4%	152
Arfin India LimitedARFINARFIN	₹1,472 Cr	₹1,601 Cr	₹722 Cr	₹50 Cr	7.5%	₹18 Cr	2.5%	22.2%	9.4%	135
Maan Aluminium LimitedMAANALUMAANALU	₹596 Cr	₹650 Cr	₹829 Cr	₹21 Cr	2.5%	₹14 Cr	1.6%	9.5%	5.8%	64
Msafe Equipments LtdMSAFEMSAFE	₹540 Cr	—	₹104 Cr	₹41 Cr	39.5%	₹22 Cr	21.7%	—	—	—
PG Foils LtdPGFOILQPGFOILQ	₹235 Cr	₹377 Cr	₹491 Cr	₹13 Cr	-1.7%	₹24 Cr	-2.6%	1.1%	-2.5%	256
Manaksia Aluminium Company LimitedMANAKALUCOMANAKALUCO	₹221 Cr	₹462 Cr	₹569 Cr	₹50 Cr	8.4%	₹9 Cr	1.3%	18.2%	5.4%	124
Palco Metals LtdPALCOPALCO	₹73 Cr	₹74 Cr	₹0 Cr	₹0 Cr	—	₹-0 Cr	—	-1.1%	-5.2%	—
Hind Aluminium Industries LtdHINDALUMIHINDALUMI	₹57 Cr	—	₹1 Cr	₹-5 Cr	-379%	₹16 Cr	—	8.9%	22.4%	88
Sacheta Metals LtdSACHEMTSACHEMT	₹46 Cr	₹65 Cr	₹92 Cr	₹4 Cr	4.5%	₹2 Cr	2.4%	7.4%	3.9%	141
Sudal Industries LtdSUDAISUDAI	₹45 Cr	₹61 Cr	₹82 Cr	₹6 Cr	6.5%	₹-14 Cr	-0.5%	16.3%	-3.7%	25
Jivial Industries LtdJIVIALJIVIAL	₹37 Cr	—	₹18 Cr	₹5 Cr	27.5%	₹4 Cr	21.3%	—	—	—

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2026
Revenue	104
COGS	23
Gross profit	80
	40
Operating profit (EBITDA)	41
OPM %	39.5%
Depreciation	8
Interest	3
	1
Profit before tax	30
Tax	8
Tax %	25.2%
PAT	22
PAT margin %	21.7%
EPS (₹)	13.5

₹ Cr	Mar 2026
Equity capital	—
Reserves	—
Borrowings	—
	149
Total equity & liabilities	149
Fixed assets	49
CWIP	—
Investments	0
	100
Total assets	149

₹ Cr	Mar 2026
	12
	-63
	52
Net cash flow	-0
Free cash flow	-11
CFO / Operating profit %	28.2%

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2026
Margins
Gross margin %	77.7%
EBITDA margin %	39.5%
EBIT margin %	31.6%
PAT margin %	21.7%
Working capital
Receivable days	—
Inventory days	379
Payable days	—
NWC days	—
Leverage
Current ratio	2.46
Debt to EBITDA	—
Debt to equity	—
Interest coverage	10.2
Asset turnover	0.69
Return ratios
Return on assets %	15%
Return on capital employed %	30.3%
Return on equity %	—

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Dec 2025	Mar 2026	Jun 2026
	72.84%	72.84%	73.23%
	3.03%	3.36%	2.16%
	9.43%	8.94%	7.6%
Government	0%	0%	0%
	14.7%	14.86%	17.01%
No. of shareholders	1,251	556	1,014

Promoter holding up 0.39 percentage points since Dec 2025.

Pradeep AggarwalChairman & Managing Director
Ajay Kumar KanoiWhole Time Director
Rushil AgarwalWhole Time Director
Rajani Ajay KanoiDirector
Manish KankaniIndependent Director
Vaibhav MandhanaIndependent Director
HitenderChief Executive Officer
Sombir BislaChief Financial Officer
Renuka UniyalCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Msafe Equipments Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results10 Aug 2026

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

15 announcementsExport CSV

22 Sept 2026, 4:51 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

Loading announcements…

Ratio	Mar 2026
Margins
Gross margin %	77.7%
EBITDA margin %	39.5%
EBIT margin %	31.6%
PAT margin %	21.7%
Working capital
Receivable days	—
Inventory days	379
Payable days	—
NWC days	—
Leverage
Current ratio	2.46
Debt to EBITDA	—
Debt to equity	—
Interest coverage	10.2
Asset turnover	0.69
Return ratios
Return on assets %	15%
Return on capital employed %	30.3%
Return on equity %	—

Date	Category	Subject	Filing
22 Sept 2026, 4:51 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
11 Sept 2026, 5:18 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
10 Sept 2026, 5:59 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
5 Sept 2026, 6:07 pm	Company Update Investor Presentation	Announcement under Regulation 30 (LODR)-Investor Presentation	PDF
27 Aug 2026, 4:11 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
26 Aug 2026, 11:37 am	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
19 Aug 2026, 10:13 am	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
18 Aug 2026, 7:09 pm	Company Update General	Intimation Under Regulation 36(1)(B) Of SEBI LODR 2015- Letter To Shareholders	PDF

Msafe Equipments Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Announcements

Ratio timeline

Announcements

Not in the F&O segment

No fund holdings on record

Board meetings1

Quarterly record

Board and management

Profit & loss

Balance sheet

Cash flow

1

1