PULZ

Pulz Electronics Limited

Listed company · ISIN INE335X01014 · NSE SM · FV ₹10
Last price
₹24
+4.21%today
What this company does

Pulz Electronics Limited is a listed company. It booked ₹20 cr of revenue in its latest half year (H2 FY26) and kept 14.6% of sales as profit.

83out of 100
Equitytale Health Score
Fortress

Healthier than 83% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 655–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
58

At close. Not part of the score.

Profitability & returns81

How much profit it earns on the money it employs

Balance sheet91

How much it owes, and whether earnings cover the interest

Cash quality66

Whether reported profit actually arrives as cash

Valuation84

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Promoters hold 69%
✓ No promoter shares pledged
✓ Strong 35% return on equity
✓ Virtually debt-free
Watch-outs
None flagged from our data

What if I invest in PULZ?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹24▲ +4.21%
latest close · 2026-11-03
1-year return
+2.6%
52-wk low ₹952-wk high ₹43
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio9.0Low
LowAverageHigh
P/B ratio3.16High
Below bookModerateHigh
EV / EBITDA6.1Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity35.2%Strong
WeakFairStrong ▸15%
Return on capital21.0%Strong
WeakFairStrong
Net margin14.6%Decent
ThinDecentStrong
EBITDA margin21.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.02Comfortable
LowModerateHigh ▸1
Interest cover305.2×Strong
RiskyOkayStrong ▸5×
Current ratio6.73Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹51 cr
Book value
₹7
EPS
₹1.31
latest half year
Net debt
₹-42.3 L
more cash than debt
Enterprise value
₹51 cr
EBITDA
₹8 cr
annualised
EBIT
₹8 cr
annualised
Operating margin
21.3%
Return on assets
12.7%
Earnings yield
11.15%
P/S
1.31
Sales / share
₹17.9
Tax rate
31.0%
Face value
₹10
Shares
2.2 cr
Working capital
₹30 cr
Current assets
₹36 cr
Current liabilities
₹5 cr
Delivery %
85.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.

Worth vs price · from the exchange filings
not investment advice
Priced about rightMedium confidence
Median of 2 models ₹25 vs market price ₹24 — price is 6% below it
Safety cushion+6.0%(target ≥ +20%)
Models span ₹18–₹32, midpoint ₹25
Model ₹25
Price ₹24
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹20 cr
Other Income₹59.9 L
Total Income₹20 cr
Cost of Materials₹4 cr
Purchases of Stock-in-Trade₹2 cr
Inventory Change (±)₹1 cr
Employee Benefit Expense₹3 cr
Finance Costs₹1.4 L
Other Expenses₹5 cr
Total Expenses₹16 cr
Profit before Tax₹4 cr
Tax Expense₹1 cr
Net Profit₹3 cr
Net margin on total income14.2%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹8 cr37.3%
Employee benefit expense₹3 cr13.2%
Finance costs₹1.4 L0.1%
Other expenses₹6 cr28.9%
Tax expense₹1 cr6.4%
Profit for the period₹3 cr14.2%
Total income ₹20 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue14 cr20 cr
Total income15 cr20 cr
Expenses13 cr16 cr
Profit before tax2 cr4 cr
Tax63.8 L1 cr
Net profit (owners' share)2 cr3 cr
Net margin (owners' share, on revenue)12.5%14.6%
EPS (₹)0.821.31
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹45 cr
Shareholder equity
₹16 cr
parent shareholders
Total debt
₹28.5 L
Cash
₹70.8 L
Who owns it · 2026-09-30
No pledge
Promoter
68.6%
FII / Foreign
0.4%
DII / Domestic
0.0%
Retail / others
31.0%
Promoter stake down 1.0% over the last 5 quarters.
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 68.6% between them · as of 2026-09-30
RAMAKRISHNAN MANDEN KATTIL47.69%
ANIRVAN GHOSE20.94%
ARJUN GHOSEno shares
BHAVYA RAMAKRISHNANno shares
DEVANGI RAMAKRISHNANno shares
NEETA RAMAKRISHNANno shares
RUMEETA GHOSEno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.