Baroda Rayon Corporation Ltd

Baroda Rayon Corporation Ltd (BARODARY) is a micro-cap Textiles company valued at ₹285 crore operating in Textile Products on the NSE and BSE.

Recent price move

Baroda Rayon Corporation Ltd last traded at ₹124, up 2.44% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing a sharp rise in net profit to ₹18 crore, up from ₹7 crore in the same quarter a year earlier. The company is currently engaged in Real Estate activities, a shift from its earlier focus on Textile Products.

Financial performance

The company's business is shrinking, with annual revenue falling 38.0% and annual net profit dropping 45.0%. The latest quarter saw revenue decline 18.2% year-over-year, but net profit surged 157.1% compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 7.0 times earnings, 0.73 times book value.

Things to watch

The company's net profit margin has narrowed by 4.5 percentage points to 35.5%, and return on equity is low at 5.3%. The company has not paid dividends despite reporting profits, and there are indications that it may be capitalizing interest costs, which could affect its financial health.

Where it stands

Baroda Rayon Corporation Ltd is reporting declining annual revenue and net profit, but the latest quarter shows a significant improvement in net profit. The company's return on equity and return on capital employed are low, and it has not paid dividends despite profits. The stock is 17.2% below its 52-week high.

Summarised by DocStoX's model on 2026-09-10 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.