Croissance Ltd
Incorporated in 1994, Croissance Limited is engaged in Realty operating services and trading in infrastructure materials.
- Market Cap ₹ 25.3 Cr.
- Current Price ₹ 3.69
- High / Low ₹ 4.19 / 2.21
- Stock P/E 140
- Book Value ₹ 0.11
- Dividend Yield 0.00 %
- ROCE 0.13 %
- ROE 0.00 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 32.1 times its book value
- The company has delivered a poor sales growth of -13.8% over past five years.
- Company has a low return on equity of 2.42% over last 3 years.
- Company has high debtors of 13,906 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.61 | 0.28 | 0.24 | 0.20 | 0.14 | 0.40 | 0.21 | 0.06 | 0.20 | 2.60 | 0.66 | 0.10 | 0.00 | |
| 2.52 | 0.19 | 0.18 | 0.15 | 0.13 | 0.31 | 0.16 | 0.03 | 0.15 | 2.01 | 0.58 | 0.15 | 0.07 | |
| Operating Profit | 0.09 | 0.09 | 0.06 | 0.05 | 0.01 | 0.09 | 0.05 | 0.03 | 0.05 | 0.59 | 0.08 | -0.05 | -0.07 |
| OPM % | 3.45% | 32.14% | 25.00% | 25.00% | 7.14% | 22.50% | 23.81% | 50.00% | 25.00% | 22.69% | 12.12% | -50.00% | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.12 | 0.01 | 0.06 | 0.26 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.09 | 0.09 | 0.06 | 0.05 | 0.01 | 0.09 | 0.05 | 0.03 | 0.19 | 0.71 | 0.09 | 0.01 | 0.19 |
| Tax % | 33.33% | 33.33% | 50.00% | 40.00% | 0.00% | 22.22% | 20.00% | 33.33% | 31.58% | 30.99% | 22.22% | 100.00% | |
| 0.06 | 0.06 | 0.04 | 0.03 | 0.01 | 0.06 | 0.03 | 0.02 | 0.13 | 0.49 | 0.07 | 0.00 | 0.18 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -14% |
| 3 Years: | -21% |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 195% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -11% |
| 3 Years: | -16% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 |
| Reserves | -6.22 | 0.09 | 0.13 | 0.16 | 0.17 | 0.24 | 0.27 | 0.29 | 0.43 | 0.92 | 1.00 | 0.99 | 1.02 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 | 0.49 | 0.49 | 0.04 | 0.00 | 0.00 | |
| 0.09 | 0.13 | 0.15 | 0.17 | 0.20 | 0.22 | 0.40 | 0.40 | 0.45 | 2.36 | 1.36 | 7.36 | 7.37 | |
| Total Liabilities | 0.72 | 7.07 | 7.13 | 7.18 | 7.22 | 7.31 | 7.52 | 7.95 | 8.22 | 10.62 | 9.25 | 15.20 | 15.24 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.72 | 7.07 | 7.13 | 7.18 | 7.22 | 7.31 | 7.52 | 7.95 | 8.22 | 10.62 | 9.25 | 15.20 | 15.24 | |
| Total Assets | 0.72 | 7.07 | 7.13 | 7.18 | 7.22 | 7.31 | 7.52 | 7.95 | 8.22 | 10.62 | 9.25 | 15.20 | 15.24 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.79 | -6.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.29 | -0.18 | -0.05 | 1.09 | 1.75 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.12 | -0.12 | 0.05 | -0.01 | -2.35 | |
| 1.78 | 6.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 | 0.41 | -0.11 | -0.46 | -0.04 | |
| Net Cash Flow | -0.01 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | -0.11 | 0.63 | -0.63 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 92.30 | 990.71 | 1,262.29 | 1,587.75 | 2,372.50 | 921.62 | 1,998.81 | 8,881.67 | 1,679.00 | 473.10 | 746.59 | 13,906.50 |
| Inventory Days | 0.00 | 0.00 | 0.00 | |||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 92.30 | 990.71 | 1,262.29 | 1,587.75 | 2,372.50 | 921.62 | 1,998.81 | 8,881.67 | 1,679.00 | 473.10 | 746.59 | 13,906.50 |
| Working Capital Days | 86.70 | 899.46 | 1,110.21 | 1,405.25 | 2,007.50 | 775.62 | 1,425.24 | 6,935.00 | 967.25 | 150.21 | 27.65 | -6,241.50 |
| ROCE % | 14.88% | 2.38% | 0.86% | 0.71% | 0.14% | 1.28% | 0.70% | 0.41% | 2.48% | 8.86% | 1.11% | 0.13% |
Documents
Announcements
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
9 Dec - Promoter Hemant Bahri sold 5,17,038 shares (0.75%) on 03-04 Dec 2025; holding fell to 4.99%.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1 Dec
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
28 Nov - Promoter Hemant Bahri sold 1,200,000 shares (1.75%) on 26 Nov 2025; post-holding 15,050,000.
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
21 Nov - Promoter Hemant Bahri sold 12,70,000 shares (1.85%), reducing stake to 9.12%, on 17–18 Nov 2025.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 20 Nov
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Services Offered:[1]
Company undertakes complete turnkey projects for villas and apartments and customizes wardrobes, entertainment
units, modular kitchens and built-in
furniture. At present, company has
completed 350+ projects with 60+
new designs for 310+ clients