Marushika Technology Peer Comparison

NSE: MARUSHIKA

₹112.65

₹-0.40 (-0.35%)

As on 28-Aug-2026IST

Market cap

₹96 Cr

Revenue (TTM)

₹85 Cr

P/E Ratio

10.7

P/B Ratio

2.3

Div. Yield

0 %

Edit

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Market cap (₹ Cr)	96	37,166	22,926	14,479	13,236
Revenue (₹ Cr)	85	5,642	3,886	3,300	6,654
Net Profit (₹ Cr)	6.29	243.00	654.66	286.80	226.02
Net Margin (%)	7.34	4.26	16.07	8.52	3.38
RoE (%)	52.77	11.03	25.28	13.50	26.28
Price to Earnings	10.74	152.95	35.02	49.55	58.57
Price-To-Book	2.27	9.71	7.19	4.94	9.86

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Operating Revenue	85.25	3,996.00	3,729.05	2,765.40	5,966.91
Total Income	85.63	4,032.00	3,909.14	2,816.20	5,971.94
Total Expenditure	74.39	3,580.00	2,755.66	2,415.50	5,437.12
EBITDA	10.86	416.00	973.39	349.90	529.79
Depreciation	0.39	316.00	104.87	102.30	113.28
EBIT	10.47	100.00	868.52	247.60	416.51
Interest	2.39	241.00	20.20	57.70	144.72
Other Income	0.38	36.00	180.09	50.80	5.03
Exceptional Items	--	--	--	27.00	-65.69
Profit before Tax	8.46	-105.00	1,028.40	238.00	211.86
Provision for Tax	2.17	-33.00	243.47	17.40	7.08
Profit after Tax	6.29	-72.00	784.94	220.60	204.78

Liabilities (₹ Cr)

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Shareholder's Funds	15.37	1,990.00	2,859.97	1,753.20	758.74
Minority Interest	--	--	--	12.20	--
Non-Current Liabilities	2.57	884.00	158.44	461.40	928.64
Current Liabilities	35.98	2,510.00	529.68	574.70	1,361.66
Total Liabilities	53.94	5,447.00	3,585.72	2,801.50	3,072.14

Assets (₹ Cr)

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Non-Current Assets	6.03	3,099.00	750.59	1,176.90	918.69
Current Assets	47.89	2,285.00	2,797.50	1,624.60	2,130.35
Total Assets	53.94	5,447.00	3,585.72	2,801.50	3,072.14
Total Debt*	21.37	1,818.00	0.00	266.20	653.67
Net Current Assets	11.92	-225.00	2,267.82	1,049.90	768.69
Contingent Liabilities	6.42	274.00	0.67	13.90	30.16

Cashflow (₹ Cr)

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Cash From Operating Activities	1.00	348.00	811.98	397.00	-87.61
Cash Flow from Investing Activities	-3.31	-89.00	-308.28	-181.00	-46.56
Cash from Financing Activities	0.42	4.00	-498.59	-22.40	192.15
Net Cash Inflow / Outflow	-1.89	263.00	5.10	193.60	57.98

Ratios

Profitability Ratios

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
ROCE (%)	33.45	3.00	39.09	16.09	31.13
ROE (%)	52.77	-3.61	29.45	17.44	35.50
ROA (%)	12.29	-1.06	23.39	8.57	7.03
EBIT Margin (%)	13.18	11.31	30.93	14.49	8.96
Net Margin (%)	7.34	-1.79	20.08	7.83	3.43
Cash Profit Margin (%)	7.83	6.11	23.86	11.68	5.33

Growth Ratios

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Revenue Growth (%)	40.53	-2.13	4.98	25.91	-5.01
EBIT Growth (%)	73.38	-14.39	-1.35	236.72	18.86
Net Profit Growth (%)	100.13	-1.41	-0.92	503.29	48.75
EPS Growth (%)	95.18	-96.88	-0.93	569.47	47.61
Book Value Growth (%)	81.95	-1.54	14.05	26.83	40.53

Valuation Ratios

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Price / Earnings	0.00	0.00	41.39	0.00	29.73
Price / Book Value	0.00	2.01	11.44	0.00	9.03
Dividend Yield (%)	--	0.00	1.44	--	0.28
EV/EBITDA	2.32	11.76	26.77	-0.05	12.18
Market Cap (₹ Cr)	0.00	3,967.23	32,489.33	0.00	6,089.23

Solvency Ratios

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Debt to Equity	1.39	0.92	0.00	0.19	0.97
Short term debt to equity ratio	1.08	0.36	--	--	0.01
Current Ratio	1.33	0.91	5.28	2.83	1.56
Quick Ratio	1.33	0.62	5.28	2.83	1.41
Interest Coverage	4.54	0.56	51.91	5.12	2.46

Operating Efficiency Ratios

	Marushika Technology	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Debtors to sales (%)	47.16	20.67	26.05	21.15	9.50
Asset Turnover	1.67	0.59	1.11	1.07	2.05
Receivable days	170.36	110.71	95.10	73.79	29.16
Inventory Days	0.00	71.15	0.00	0.00	13.95
Payable days	105.38	261.85	1,536.47	--	126.80
Cash Conversion Cycle	64.99	-79.99	-1,441.37	--	-83.69