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Encompass Design India Ltd. (ENCOMPAS)

SME Cap

Services stocks · SME cap · NSE

Encompass Design India Ltd. is a multi-brand digital-first enterprise that evolved from a trading company. It operates across three verticals: Trading & Supply Chain, E-commerce Services, and Own Consumer Brands (Stoa Paris, Small Batch, QuirkLoom), focusing on innovation, brands, and e-commerce.

₹242
+0.00 · +0.00%
Market cap ₹343 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm IST
Details
Quote19 Oct, 03:31 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result20 May, 10:12 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens

Trend score and candlestick chart

37Bearish

SMA20 -1.9% / mo · MACD −

Stock trend: 37
Sector RS: —

FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence

Technical chart

ENCOMPASD candles · FIT view-5.7%
Latest close ₹242.00 on 2026-10-19

Daily history is available from 2025-12-12; the requested 1Y window is partially covered.

Bar
+0.0%
RSI
45
MACD hist
-0.89
52W pos
55%
Visible chart range
Candle interval
2026-10-19O ₹242.00H ₹242.00L ₹242.00C ₹242.00Vol 400 sh
₹209.00₹225.50₹242.00₹258.50₹275.00₹242.00VolRSIMACD2026-042026-062026-082026-092026-11
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

ENCOMPASNifty 500
-13%-6%+2%+9%20 Jul1 Sept19 Oct19 Oct 2026ENCOMPAS -0.9%Nifty 500 -5.6%
ENCOMPAS
-0.9%
Nifty 500
-5.6%
Vs Nifty 500
+4.7 pp
Chart stats
19 Oct 2026
From 52W high
-20.1%
₹302.9
52W range position
55%
₹167.4 - ₹302.9
ATR (14)
3.3%
₹8
Volume vs 20D
0.04x
Latest completed session
Avg traded value
₹0.2 Cr
20-session average
20D price channel
₹227 - ₹260
45.8% annualized volatility

No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.

Research snapshot

What the evidence says now

Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE
54

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Pending data
—

Revenue NDF · PAT NDF YoY

Technical
Bearish
37

Price trend and sector-relative-strength timing.

Valuation
Legacy model
+0.7%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
70

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 31 Mar 2026

Pending data

YoY comparison unavailable - result verdict pending data

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹40 CrNDF+42.9%
EBITDA₹12 CrNDF+33.3%
Operating margin30.0%NDF-100 bps
PAT₹8 CrNDF+60.0%
PAT margin20.0%NDF+214 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
26.40
P/B
4.19
EV/EBITDA
14.83
Market Cap
343.00Cr

Profitability

ROE
22.80%
ROCE
25.60%
ROA
12.75%
Dividend Y
—

Growth (CAGR)

Revenue 5Y
45.67%
EPS 5Y
36.28%
Revenue 3Y
47.00%
EPS 3Y
90.70%

Balance Sheet

Debt/Equity
0.16
Interest Coverage
10.50×
Altman Z
8.57
Book Value
57.70

Cash Flow

FCF Yield
1.46%
FCF Positive Y
3/5
OCF
9.00 Cr
EPS TTM
9.18

Shareholding

Promoter Hold
58.94%
Promoter Pledge
0.00%
Momentum 52W
55%

Financial History

Updated 19/10/2026

Revenue

₹ Cr
Latest: 40.0+42.9% vs prev
040.0Mar 2025: 39.0Sep 2025: 28.0Mar 2026: 40.0FY25Q2 25FY26

Net Profit

₹ Cr
Latest: 8.0+60.0% vs prev
010.0Mar 2025: 10.0Sep 2025: 5.0Mar 2026: 8.0FY25Q2 25FY26
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

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 45.

  • Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
  • SMA20 falling (~1.9% over last month) — short-term momentum negative.
  • RSI(14) at 45 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 20% off 52W high · 45% 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

56
RS percentile
Stage 1 Base / Transition
1M return
+1.3%
3M return
-0.9%
6M return
-7.5%
1Y return
-
RS 1D
+5
RS 20D
+10
Sector rank
#12
Industry rank
-
Stage evidence
  • Price is within 1.9% of the 30-week proxy.
  • The 30-week proxy changed -0.8% over 20 sessions.
  • The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
209 observations
19 Oct 2026Value 134.87+1.04%
88107127146166Dec 25Mar 26Jul 26Oct 26135
RS vs Nifty 500135

Valuation & peers

U-Score 54 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies

54U-SCORE
Financial Turnaround

Fundamental score breakdown

U band · FAIR VALUE
Valuation2/30
Growth24/25
Quality13/20
Balance Sheet9/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
-3
Raw sum
54

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

54/100 · legacy band FAIR VALUE

Positive drivers

  • Piotroski is strong at 8/9.
  • Growth contributes 24/25 to the score.
  • Quality contributes 13/20 to the score.

Main drags

  • Penalty bucket subtracts 3 points.
  • Valuation is weaker at 2/30; verify the latest quarterly trend.
  • Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
26.4
PB
4.2
EV/EBITDA
14.8
ROE
22.8%
ROCE
25.6%
FCF Yield
1.5%
Debt/Equity
0.2
MoS
+0.7%
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: 20 Oct 2026
v4.3-runtime-valuation
Final score
54
Previous: 54
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+0.7%
Previous: +0.7%

Score history

12 stored score snapshots. Latest stored move: +0 points.

20 Oct 2026
v4.3-runtime-valuation
52
52
52
52
52
54
54
54
54
54
54
54

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
₹109.17
-121.7% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹243.73
+0.7% MoS
PEG
0.45

Comparable companies

Peers

Business-comparable peers in Services — 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.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ELGNZ
SME
Eleganz Interiors Ltd.
Interior Design
match 57
63
8.8
13.8%
+67%
UNDERVALUED
ARIHANTACA
SME
Arihant Academy Ltd.
Education
match 18
56
30.3
31.1%
-14%
FAIR VALUE
IWARE
SME
Iware Supplychain Services Ltd.
Logistics
match 18
49
28.6
40.0%
+1%
FAIR VALUE
EFACTOR
SME
E Factor Experiences Ltd.
Event Management
match 17
56
12.9
24.4%
+49%
FAIR VALUE
FWSTC
SME
Flywings Simulator Training Centre Ltd.
Aviation
match 17
41
24.8
17.4%
+7%
WATCHLIST

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Where growth can come from, and what can break the case

Thesis intactReviewed 2026-07-04T07:30:12.420Z
Management commentary snapshot

ENCOMPAS reported strong FY26 results with Revenue up 24.6% YoY to ₹6,812 L and PAT up 20.8% YoY to ₹1,302 L. EBITDA margin held above 30% at 30.9%, and the company achieved a near debt-free status post-IPO with D/E at 0.16x, significantly improving liquidity with a current ratio of 2.92x.

The company demonstrates robust growth across its diversified business pillars, particularly in its high-growth Own Consumer Brands segment. Strong profitability and a healthy balance sheet post-IPO suggest effective capital allocation and operational efficiency. The strategic focus on premiumization and omnichannel expansion appears well-defined.

Current business mix

Revenue by Pillar (FY26)

Latest issuer-disclosed distribution across 3 reported categories.

Businessmix
E-commerce Services & Gated Markets31.0%
Trading & Supply Chain Network36.0%
Own Consumer Brands33.0%
Growth engines

Own Consumer Brands

Scaling at +56% YoY in FY26, with a +94% CAGR from FY23-FY26.

Trading & Supply Chain Network

Decade-plus close-network B2B business with +34% CAGR from FY23-FY26.

E-commerce Services & Gated Markets

Digital services & rewards/loyalty platforms with +36% CAGR from FY23-FY26.

Capacity and execution

Product Portfolio Expansion

Expanding SKU count from 5-10 to 50+ within brands.

Omnichannel Expansion

Expanding into quick commerce, strategic retail, and international markets.

Tailwinds

Premiumisation Gaps

Strategy to analyze high Total Addressable Market (TAM) categories for premiumisation gaps.

Underserved Affluent Segments

Focus on identifying and catering to underserved affluent segments.

Risk radar

General Market & Macroeconomic Trends

General market, macroeconomic, governmental, and regulatory trends could cause actual results to differ.

Competitive Pressures

Competitive pressures are identified as a factor that could cause actual developments and results to differ materially.

Technological Developments

Technological developments are cited as a key factor that could impact future business developments.

Management accountability

What management said, and what results must prove

Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.

Analyst reading lens
Compare YOY

The investor presentation primarily focuses on annual financial results, comparing FY26 performance against FY25, and explicitly states year-on-year growth rates for key financial metrics.

Sector KPIs management disclosed

Brands Enabled (E-commerce Services)

Enabling 65+ brands across categories and price tiers.

Number of SKUs (Own Consumer Brands)

2,800+ SKUs across all brands.

Total Customer Base (Own Consumer Brands)

>65K+ No. of Customers.

Active Channels (Own Consumer Brands)

10+ Active Channels including D2C, marketplaces, Q-comm, MT/GT.

Management forward view

Nine-Step Brand Playbook

Management employs a structured playbook for brand creation, validation, and scaling, aiming for a high success rate.

Omnichannel Expansion

Future plans include expanding brand presence through quick commerce, strategic retail, and international markets.

Thesis monitor

Numbers and claims to verify in the next filings

CheckpointCurrent evidenceWhat to verify next
Branded Revenue Growth+56% YoY in FY26Sustained double-digit growth and market share gains in premium segments.
EBITDA Margin30.9% in FY26Maintenance of margins above 30% as the company scales its brand portfolio and services.
Debt-Equity Ratio0.16x in FY26Continued low leverage and efficient capital management to fund growth initiatives.

Verification checkpoints are IndiaPulse research interpretation, not investment advice.

Trust Score
70Limited 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 63rd percentile of the scored universe and 73rd percentile within Services. Main check: cash conversion is weak at 43/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
1 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
63rd percentile

overall median 67 · Services: 73rd pctile, median 66 · SME: 81st pctile, median 64

Evidence depth
Financial-only

1 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 confidence
What 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
Acceptable, but check the weakest sub-score before increasing exposure.

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
43
weak · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
80
strong · capital discipline
Results
55
watch · quarterly consistency

Trust positives

  • ▸Promoter holding is 58.9%.
  • ▸Promoter pledge is zero.
  • ▸ROCE is 25.6%.

Trust risks

  • ▸Only 1 years of positive FCF.
  • ▸ROCE trend is -20.4%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

2 shown
Investor presentationMay 2026

May 2026 · PPT

Source: Nse

Open source ↗
Annual reportMar 2026

Mar 2026 · Annual Report 2026

Source: Nse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.