Annual reportSep 2026
Sep 2026 · Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 18 Aug - Black Rose Industries dispatched AGM notice and FY2025-26 annual report; AGM on 9 September 2026.
Source: Bse
Black Rose Inds. Limited (BLACKROSE)
Small CapIndustrials stocks · Small cap · NSE
Black Rose Inds. Limited operates in Chemicals, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹100.17
-1.17 · -1.15%
Market cap ₹560 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm ISTDetails
Quote19 Oct, 05:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:00 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
43NeutralSMA20 -1.8% / mo · MACD −
Stock trend: 41
Sector RS: 45
Sector 3M: -7.4% vs Nifty 500 -5.9%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
BLACKROSED candles · FIT view+20.3%Latest close ₹100.17 on 2026-10-19
Daily history is available from 2026-04-20; the requested 1Y window is partially covered.
Bar
-2.2%
RSI
35
MACD hist
-1.15
52W pos
40%
2026-10-19O ₹102.40H ₹102.45L ₹97.85C ₹100.17Vol 28,581 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
BLACKROSENifty India ManufacturingNifty 500
- BLACKROSE
- +3.0%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +8.6 pp
Chart stats
19 Oct 2026- From 52W high
- -22.9%
- 52W range position
- 40%
- ATR (14)
- 4.9%
- Volume vs 20D
- 0.86x
- Avg traded value
- ₹0.4 Cr
- 20D price channel
- ₹97.9 - ₹121
₹129.9
₹80.1 - ₹129.9
₹4.9
Latest completed session
20-session average
38.2% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST40
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +48.3% · PAT +150.0% YoY
Technical
Neutral43
Price trend and sector-relative-strength timing.
Valuation
Legacy model-225.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence75
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 90/100Rev +48% YoY · PAT +150% YoY · margin expansion · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹89 Cr | +48.3% | -14.4% |
| EBITDA | ₹14 Cr | +133.3% | +7.7% |
| Operating margin | 16.0% | +600 bps | +300 bps |
| PAT | ₹10 Cr | +150.0% | +11.1% |
| PAT margin | 11.2% | +457 bps | +259 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 19.50
- P/B
- 3.31
- EV/EBITDA
- 12.47
- Market Cap
- 560.00Cr
Profitability
- ROE
- 13.60%
- ROCE
- 18.70%
- ROA
- 13.94%
- Dividend Y
- 1.81%
Growth (CAGR)
- Revenue 5Y
- -3.00%
- EPS 5Y
- -4.00%
- Revenue 3Y
- -9.00%
- EPS 3Y
- 40.00%
Balance Sheet
- Debt/Equity
- 0.01
- Interest Coverage
- 20.50×
- Altman Z
- 9.74
- Book Value
- 33.20
Cash Flow
- FCF Yield
- 3.39%
- FCF Positive Y
- 10/5
- OCF
- 45.00 Cr
- EPS TTM
- 5.62
Shareholding
- Promoter Hold
- 75.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 64%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 89.0-14.4% vs prev
Net Profit
₹ CrLatest: 10.0+11.1% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend unclear. RSI 35.
- SMA20 falling (~1.9% over last month) — short-term momentum negative.
- RSI(14) at 35 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 23% off 52W high · 25% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
76
RS percentile
Insufficient history
1M return
-5.9%
3M return
+3.0%
6M return
+20.3%
1Y return
-
RS 1D
+1
RS 20D
-
Sector rank
#2
Industry rank
#9
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
leading
Industry
leading
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
127 observations
19 Oct 2026Value 124.82-0.14%
RS vs Nifty 500125
Valuation & peers
U-Score 40 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 40 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation6/30
Growth2/25
Quality9/20
Balance Sheet12/15
Cash Flow6/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
40
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
40/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 3.4%.
- Piotroski is strong at 7/9.
- Balance sheet contributes 12/15 to the score.
Main drags
- Fair-value margin of safety is negative at -225.2%.
- Growth is weaker at 2/25; verify the latest quarterly trend.
- Valuation is weaker at 6/30; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
19.5
PB
3.3
EV/EBITDA
12.5
ROE
13.6%
ROCE
18.7%
FCF Yield
3.4%
Debt/Equity
0.0
MoS
-225.2%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
40
Previous: 40
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-225.2%
Previous: -225.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
36
36
36
36
39
36
40
40
40
40
40
40
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹64.79
-54.6% MoS
Growth-justified P/E
5.5
Growth-justified Value
₹30.8
-225.2% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
UNIENTER
Small
Uniphos Enterprises Limited
Specialty Chemicals
match 163
33
29.6
0.8%
-405%
WATCHLIST
TRANSPEK
Small
Transpek Industry Limited
Specialty Chemicals
match 160
55
18.8
6.1%
+49%
FAIR VALUE
MANORG
Small
Mangalam Organics Limited
Specialty Chemicals
match 159
24
15.8
8.4%
-768%
OVERVALUED
KRONOX
Small
Kronox Lab Sciences Limited
Specialty Chemicals
match 159
58
26.7
26.8%
+34%
FAIR VALUE
SADHNANIQ
Small
Sadhana Nitrochem Limited
Specialty Chemicals
match 158
18
—
-23.5%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Black Rose Inds. Limited operates in Chemicals, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
75Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 78th percentile of the scored universe and 76th percentile within Industrials. Main check: results consistency is weak at 48/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
35 docs text-extracted · 20 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
78th percentile
overall median 67 · Industrials: 76th pctile, median 68 · Small: 80th pctile, median 66
Evidence depth
Financial-only
35 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
48
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 75%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.3%.
- ▸10 years of positive FCF.
Trust risks
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Black Rose Inds. Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 24 Aug - Company Secretary and Compliance Officer Darshana Sawant resigned effective 24 August 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Aug - Newspaper Publication- Notice sent to Shareholders of the Company for transfer of equity shares to IEPF account.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Aug - Newspaper publication regarding notice of 36th AGM, e-Voting, record date and other related information. (Post Dispatch).
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug - Newspaper Publication regarding convening 36th Annual General Meeting, Book Closure date and other information.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Jul
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 Aug - Q1 FY27 revenue rose 48%, PAT 146%; Board declared ₹2 interim dividend.
Source: Bse
Concall transcriptMay 2026
May 2026 · Transcript
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 19 May - GPCB permanently revoked closure directions for Jhagadia plant on 19 May 2026.
Source: Bse
Concall transcriptMay 2026
May 2026 · Transcript
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.