Quality Foils (India) Limited

Quality Foils (India) Limited

NNSE:QFIL
49.50
INR
+2.20
(+4.65%)
114.16MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
530.46
433.98
629.38
652.76
541.87
528.46
644.55
- -
Basic EPS, GAAP
3.78
3.36
5.54
11.17
4.68
4.97
5.15
- -
Free Cash Flow per Basic Share
17.96
12.81
-14.58
25.93
31.34
-95.33
-8.14
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
59.27
62.62
68.97
95.99
100.67
105.64
110.8
110.8
Tangible Book Value per Share
59.27
62.62
68.97
95.99
100.67
105.64
110.8
110.8
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
1,514
1,239
1,796
1,863
1,546
1,508
1,840
- -
Operating Margin (%)
3.22
3.6
2.8
3.03
2.5
1.85
3.13
- -
Depreciation Expense
15
15
15
15
16
17
28
- -
Net Income, GAAP
11
10
16
32
13
14
15
- -
Effective Tax Rate (%)
18.03
27.65
28.72
16.7
22.25
41.72
28.37
- -
Profit Margin (%)
0.71
0.77
0.88
1.71
0.86
0.94
0.8
- -
Working Capital
131
156
184
221
170
74
93
93
LT Debt
137
138
161
125
134
212
232
232
Total Equity
169
179
197
274
287
302
316
316
Return on Invested Capital (%)
- -
5.32
5.59
8.71
4.49
3.33
4.43
- -
Return on Capital (%)
- -
5.64
5.91
8.86
5.05
3.52
4.88
- -
Return on Common Equity (%)
- -
5.51
8.41
13.55
4.76
4.82
4.76
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
375
433
425
LT Borrowings
212
251
232
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
217
200
114

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
497
572
557
Cash, Cash Equivalents & STI
1
14
1
Accounts Receivable, Net
245
349
283
Inventories
209
195
243
Total Current Liabilities
423
464
464
Payables & Accruals
- -
- -
- -
ST Debt
375
433
425
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.8%
4.88%
Free Cash Flow
- -
-193.28%
-91.46%
Net Income, GAAP
- -
23.68%
3.68%
Sales/Revenue/Turnover
- -
10.25%
21.97%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,546
2025
- -
- -
1,508
2026
- -
- -
1,840

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4.68
2025
- -
- -
4.97
2026
- -
- -
5.15

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Tejasvi Bhargava
Full Time Employees
203
Sector
Non-energy minerals
Industry
Steel
Address
Hisar India
IPO Date
Mar 24, 2023
Business
Quality Foils (India) Limited manufactures, processes, and exports cold-rolled stainless steel products and flexible hose pipes. Founded in 1989 and headquartered in Hisar, Haryana, India, the company markets its product portfolio under the Quality brand name. The company operates primarily through two core product segments: Cold Rolled Stainless Steel (CRSS) Strips and Coils; and Stainless Steel Flexible Hoses and Pipes. Its cold-rolled stainless steel portfolio encompasses precision-engineered 200, 300, and 400 series austenitic, ferritic, and martensitic grades manufactured in thicknesses ranging from 0.05 mm to 4.00 mm; customized slit coils and narrow strips tailored for automotive exhaust systems, trims, and engine gaskets; high-finish sheets and coils for consumer kitchenware, cutlery, and sinks; and specialized strip grades used in tower packing and mass transfer equipment for oil refineries, petrochemical plants, power generation stations, and sugar processing facilities. Its flexible hose product line consists of corrugated stainless steel flexible pipes and assemblies engineered for fluid, steam, chemical, gas, and hydraulic conveyance under elevated temperatures and medium-pressure industrial conditions. Quality Foils (India) Limited operates an integrated manufacturing facility in Hisar, utilizing cold rolling mills, bright annealing lines, and skin-passing equipment with raw material sourcing primarily from Jindal Stainless (Hisar) Limited. The company serves industrial clients throughout India and exports to international markets across North America, Europe, and Southeast Asia, including the United States, Germany, the United Kingdom, Poland, Turkey, Sri Lanka, the Philippines, and Colombia. In recent developments, the company converted from a private limited enterprise into a public company and completed its initial public offering on the National Stock Exchange SME platform (NSE: QFIL) in March 2023. Following its public listing, the company has expanded its manufacturing throughput, modernized precision finishing operations at its Hisar plant, and broadened its commercial distribution channels across international export markets.