Scan Projects Ltd (SCANPRO)

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Scan Projects Ltd (SCANPRO) · mywealthgrid

About

Scan Projects Ltd operates in Cement & Cement Products within the Materials sector.

Face value: ₹10

Market cap

₹30 Cr

P/E

958.9×

P/B

4.7×

Dividend yield

ROE

12.2%

ROCE

16.4%

Debt / equity

0.1

OPM

EPS (TTM)

₹0.1

Book value

₹21.6

52-week high

—

52-week low

—

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

₹102.5+2.9%1Y

Quick read

rule-based

Pros

+Profit CAGR of 88.3% over the last 5 years
+Revenue CAGR of 38.9% over the last 5 years
+Almost debt-free (debt/equity 0.1)
+Comfortable interest coverage of 97×

Cons

−Low return on equity of 8.2% (3-yr avg)
−Thin operating margin of 4%
−Expensive at 958.9× trailing earnings
−Promoter holding fell 9.8 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

56/100

Business quality: 52
Growth

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
Ambuja Cements LimitedAMBUJACEMAMBUJACEM	₹90,012 Cr	₹90,065 Cr	₹39,867 Cr	₹6,167 Cr	16.1%	₹4,377 Cr	13.9%	5.3%	8.4%	37
Shree Cement LimitedSHREECEMSHREECEM	₹79,059 Cr	₹80,653 Cr	₹21,896 Cr	₹4,577 Cr	22.1%	₹1,630 Cr	8.4%	10.6%	7.8%	227
Jk Cement LimitedJKCEMENTJKCEMENT	₹38,279 Cr	₹44,353 Cr	₹14,401 Cr	₹2,334 Cr	17.3%	₹946 Cr	7.2%	14.3%	15.1%	71
Dalmia Bharat LimitedDALBHARATDALBHARAT	₹31,556 Cr	₹38,308 Cr	₹15,058 Cr	₹3,005 Cr	20.8%	₹409 Cr	7.8%	7.4%	6.4%	5
Acc LimitedACCACC	₹22,213 Cr	₹22,213 Cr	₹25,369 Cr	₹2,629 Cr	11.4%	₹1,909 Cr	8.2%	10.8%	10.9%	32
The Ramco Cements LimitedRAMCOCEMRAMCOCEM	₹19,633 Cr	₹23,485 Cr	₹9,228 Cr	₹1,345 Cr	15.9%	₹645 Cr	7.7%	6.1%	9%	-0
Jsw Cement LimitedJSWCEMENTJSWCEMENT	₹15,216 Cr	₹19,297 Cr	₹6,849 Cr	₹1,216 Cr	19%	₹760 Cr	-12.3%	10.1%	-11.5%	-140
Nuvoco Vistas Corporation LimitedNUVOCONUVOCO	₹11,505 Cr	₹16,046 Cr	₹11,594 Cr	₹1,907 Cr	16.4%	₹386 Cr	3.2%	7.1%	3.7%	-130
The India Cements LimitedINDIACEMINDIACEM	₹9,147 Cr	₹10,452 Cr	₹4,479 Cr	₹469 Cr	8.8%	₹92 Cr	-1.5%	1.5%	-0.7%	-28
Star Cement LimitedSTARCEMENTSTARCEMENT	₹7,211 Cr	₹7,797 Cr	₹3,807 Cr	₹902 Cr	24.8%	₹370 Cr	10.3%	17%	13%	177
Birla Corporation LimitedBIRLACORPNBIRLACORPN	₹6,383 Cr	₹9,658 Cr	₹9,848 Cr	₹1,450 Cr	15.1%	₹554 Cr	5.8%	8.8%	7.8%	63
Jk Lakshmi Cement LimitedJKLAKSHMIJKLAKSHMI	₹5,915 Cr	₹8,406 Cr	₹6,926 Cr	₹958 Cr	15%	₹370 Cr	6.1%	12.1%	11.2%	57

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Financials

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

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	7	3	4	4	3	3	6	6	8	12	16
COGS	-1	—	—	-2	-1	2	4	4	5	7	9
Gross profit	—	—	—	—	—	1	2	2	3	5	7
	7	3	4	5	4	1	2	2	2	5	6
	1	0	0	0	0	0	0	0	1	0	1
OPM %	8.3%	12.4%	9.5%	7.8%	6.7%	5.9%	7.9%	3.8%	12.3%	2.7%	4%
Depreciation	0	0	0	0	0	0	0	0	0	0	0
Interest	0	0	0	0	0	0	0	0	0	0	0
	0	—	—	—	—	0	0	0	-1	1	0
Profit before tax	1	0	0	0	0	0	0	0	0	1	1
Tax	0	0	0	0	0	0	0	0	0	0	0
Tax %	30%	35%	36.4%	29.4%	100%	57.1%	27%	33.3%	33.3%	26%	26%
	0	0	0	0	0	0	0	0	0	1	1
PAT margin %	5%	4.1%	3.3%	3.2%	0.6%	1%	4.8%	1.4%	0.8%	4.8%	4.5%
EPS (₹)	1.2	—	0.5	0.4	0.1	0.1	1	0.3	0.2	2	2.5
EPS adjusted (₹)	—	—	—	—	—	0.1	0.7	0.2	0.2	2	2.5
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	4	4	4	4	3	3
Reserves	0	1	1	1	3	3
Minority interest	—	—	—	—	—	0
	1	1	0	0	0	1
	1	2	1	1	1	1
Total equity & liabilities	6	7	6	6	7	8
	0	0	0	0	0	0
CWIP	0	0	0	0	0	0
Investments	0	0	0	0	0	0
	6	7	5	6	6	8
Total assets	6	7	6	6	7	8

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Ratios

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

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	39.1%	38.3%	32.5%	33.7%	41.8%	44.7%
EBITDA margin %	7.8%	6.7%	5.9%	7.9%	3.8%	12.3%	2.7%	4%
EBIT margin %	6.8%	4.1%	3.9%	7%	3.1%	11.8%	2.3%	3.7%
PAT margin %	3.2%	0.6%	1%	4.8%	1.4%	0.8%	4.8%	4.5%
Working capital
Receivable days	—	—	322	231	147	116	29	14
Inventory days	—	—	24	12	11	59	17	22
Payable days	—	—	126	81	23	44	40	42
NWC days	—	—	219	162	135	130	6	-6
Leverage
Current ratio	—	—	3.57	2.89	7.97	5.73	4.79	3.96
Debt to EBITDA	—	—	4	2.04	0.36	0.12	0.31	0.97
Debt to equity	—	—	0.16	0.2	0.02	0.02	0.02	0.1
Interest coverage	2.8	1.3	1.8	10.3	3	49	40	97
Asset turnover	—	—	0.48	0.81	1.03	1.3	1.75	1.91
Return ratios
Return on assets %	—	—	0.5%	3.9%	1.4%	1%	8.3%	8.7%
Return on capital employed %	—	—	3.4%	8.4%	3.6%	19.1%	14.9%	16.4%
Return on equity %	—	—	0.7%	6%	1.7%	1.2%	10.5%	11.5%

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.

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Shareholding

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

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	68.59%	68.59%	68.59%	68.59%	64.68%	64.04%	64.04%	54.75%	44.95%	44.95%	44.95%	44.95%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	31.41%	31.41%	31.41%	31.41%	35.32%	35.96%	35.96%	45.25%	55.05%	55.05%	55.05%	55.05%
No. of shareholders	—	—	—	—	—	—	—	—	717	695	673	662

Promoter holding down 23.64 percentage points since Sep 2023.

32 deals · 26 Sept 2024 – 29 Sept 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
29 Sept 2025	SACHIN SOOD	Bulk	BSE	Sell	15,419	₹74.24	₹0.11 Cr
11 Aug 2025	NIRMAL GUPTA	Bulk	BSE	Sell	30,000	₹61.46	₹0.18 Cr
6 Aug 2025	NIRMAL GUPTA	Bulk	BSE	Sell	19,465	₹71.67	₹0.14 Cr
5 Aug 2025	NIRMAL GUPTA	Bulk	BSE	Sell	27,000	₹68.53	₹0.19 Cr
1 Aug 2025	NIRMAL GUPTA	Bulk	BSE	Sell	45,000	₹69.43	₹0.31 Cr
1 Aug 2025	RAJINDER BANSAL	Bulk	BSE	Buy	18,500	₹69.39	₹0.13 Cr
30 Jul 2025	NIRMAL GUPTA	Bulk	BSE	Sell	35,000	₹71.80	₹0.25 Cr
29 Jul 2025	NIRMAL GUPTA	Bulk	BSE	Sell	27,000	₹72.17	₹0.19 Cr
28 Jul 2025	NIRMAL GUPTA	Bulk	BSE	Sell	17,500	₹71.35	₹0.12 Cr
30 Jun 2025	ALKA CHANDRA	Bulk	BSE	Sell	20,000	₹68.33	₹0.14 Cr

1–10 of 32

1 / 4

Mr. SUNIL CHANDRAManaging Director & Chief Financial Officer
Mr. AKSHAY CHANDRAExecutive Director-CEO
Mrs. PRAKRITI CHANDRANon-Executive - Non Independent Director
Mr. JAWAHAR LALNon-Executive - Independent Director
Mr. AMIT BHATIANon-Executive - Independent Director
Mr. Deepak SharmaNon - Executive Independent Director
Mr. Satish KumarCompany Secretary & Compliance Officer

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

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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.

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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 Scan Projects Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

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

Announcements

Annual reports

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

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Events

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

1

Board meeting to consider results13 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

8 announcementsExport CSV

28 Sept 2026, 3:59 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	39.1%	38.3%	32.5%	33.7%	41.8%	44.7%
EBITDA margin %	7.8%	6.7%	5.9%	7.9%	3.8%	12.3%	2.7%	4%
EBIT margin %	6.8%	4.1%	3.9%	7%	3.1%	11.8%	2.3%	3.7%
PAT margin %	3.2%	0.6%	1%	4.8%	1.4%	0.8%	4.8%	4.5%
Working capital
Receivable days	—	—	322	231	147	116	29	14
Inventory days	—	—	24	12	11	59	17	22
Payable days	—	—	126	81	23	44	40	42
NWC days	—	—	219	162	135	130	6	-6
Leverage
Current ratio	—	—	3.57	2.89	7.97	5.73	4.79	3.96
Debt to EBITDA	—	—	4	2.04	0.36	0.12	0.31	0.97
Debt to equity	—	—	0.16	0.2	0.02	0.02	0.02	0.1
Interest coverage	2.8	1.3	1.8	10.3	3	49	40	97
Asset turnover	—	—	0.48	0.81	1.03	1.3	1.75	1.91
Return ratios
Return on assets %	—	—	0.5%	3.9%	1.4%	1%	8.3%	8.7%
Return on capital employed %	—	—	3.4%	8.4%	3.6%	19.1%	14.9%	16.4%
Return on equity %	—	—	0.7%	6%	1.7%	1.2%	10.5%	11.5%

Date	Category	Subject	Filing
28 Sept 2026, 3:59 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
28 Sept 2026, 12:34 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
3 Sept 2026, 12:51 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
3 Sept 2026, 12:49 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
2 Sept 2026, 3:14 pm	Corp. Action Record Date	Intimation Of Record Date For 34Th AGM Will Be Monday 21.09.2026.	PDF
2 Sept 2026, 3:12 pm	Corp. Action Book Closure	Notice Of Register Of Members And Share Transfer Books Closing From Tuesday 22.09.2026 To Monday 28.09.2026 (Both Days Inclusive).	PDF
2 Sept 2026, 3:07 pm	AGM/EGM AGM	Notice Of 34Th Annual General Meeting Of Scan Projects Limited Held On Monday, 28.09.2026 At Regd Office Of The Company.	PDF
2 Sept 2026, 3:02 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-0	-0	1	0	3	1
	0	0	0	0	-2	-1
	-0	0	-1	-0	-0	1
Net cash flow	-0	-0	0	0	1	-0
Free cash flow	-0	-0	1	0	3	1
CFO / Operating profit %	-27.8%	-52.2%	450%	38.8%	946.9%	92.1%

Scan Projects Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

1

Announcements

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Scan Projects Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Board meetings1

Announcements

Board meetings1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

1