Armour Security (India) Limited

Armour Security (India) Limited (ARMOUR) is a micro-cap Services company valued at ₹47 crore operating in Diversified Commercial Services on the NSE and BSE.

Recent price move

Armour Security (India) Limited last traded at ₹26.9, up 3.26% on the day.

Financial performance

The company's business is improving, with annual revenue rising 32.0% and annual net profit growing 33.8%. The latest quarter saw revenue jump 48.8% and net profit surge 61.7% compared to the same quarter a year earlier. Margins have slightly improved, with the net profit margin rising 0.2 percentage points to 11.3%, while return on equity and return on capital employed remain stable at 11.4% and 16.9%, respectively.

Valuation multiples

The stock trades at 8.5 times earnings, a discount to the Services median of 16.3, 0.69 times book value.

Things to watch

The company is not paying dividends despite reporting profits, which may raise concerns about capital returns to shareholders. The stock is 55.9% below its 52-week high, indicating a significant drop from recent peak levels. The company's market cap is ₹34 crore, classifying it as a micro-cap stock with limited liquidity.

Where it stands

The company has shown strong growth in both revenue and net profit over the past year and quarter, with a net profit margin slightly improving. However, the stock is significantly below its 52-week high and does not pay dividends, which may limit investor appeal. The most recent figure is the latest quarter net profit of ₹2 crore.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.