CFF Fluid Control LtdNSE:CFF
Current view Q4 2026
Makes fluid and high-pressure air systems for Navy submarines. A Rs 514 cr defence order book drove FY26 sales up 43% and profit up 63% - but cash flow stays negative and the stock is pricey at 44x.
Latest exchange filings last 5 · 5 after Q4 2026
- 16 Sep ’26BSE approved CFF Fluid Control’s migration to Main Board, effective September 16, 2026. ↗
- 3 Sep ’26CFF Fluid Control won domestic supply contracts worth Rs 15.29 crore, to be executed by February 2028. ↗
- 25 Aug ’26Submitted FY2025-26 secretarial compliance report; no non-compliances reported. ↗
- 13 Aug ’26CFF Fluid Control won Rs 27.85 crore submarine equipment contract, with delivery by August 2027. ↗
- 8 Aug ’2614th AGM resolutions passed; voting results and scrutinizer report submitted. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q4 2026
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q4 2026
| Metric | This year vs lastYoY · vs Q4 2025 | vs the quarter beforeQoQ, sequential · vs Q3 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +59.1% | +1.0% | +43.3% | +69.4% |
| Operating profit | ▲ +66.7% | +3.5% | +48.5% | +81.5% |
| EPS | ▲ +90.3% | +4.9% | +38.1% | +39.8% |
| PAT | ▲ +100.0% | +5.3% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +59.1%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
No score — no price data. The eight growth columns arrive with the quarter's Excel import; until then a number here would be invented.
How it compares with its rivals Defence · 6 of 33 listed
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| CFF Fluid | ₹1,086 | 58.1× | ₹2,277 Cr | 23.5% | +104.8% | +59.6% |
| Hind.Aeronautics | ₹4,863 | 34.8× | ₹3.25 L Cr | 32.0% | +14.9% | +14.4% |
| Bharat Electron | ₹398 | 47.4× | ₹2.91 L Cr | 36.4% | +8.7% | +24.9% |
| Bharat Dynamics | ₹1,176 | 82.8× | ₹43,099 Cr | 13.9% | +547.4% | +130.8% |
| Garden Reach Sh. | ₹2,390 | 34.2× | ₹27,377 Cr | 42.8% | +43.8% | +38.5% |
| Data Pattern | ₹4,550 | 94.3× | ₹25,473 Cr | 21.9% | −13.5% | +16.8% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Mar 2026
| Are the margins widening? | yes — a little wider than 3.5 years earlier | operating margin 26% → 28% over 3.5 years |
|---|---|---|
| Did the profit turn into cash? | very little of it arrived as cash | -15% last year, -28% over three · free cash flow −₹36 cr, positive in 1 of 5 years |
| Is the growth borrowed? | essentially debt-free | ₹20 cr — 0.08× its own equity (was 0.14×) |
| Is it being collected? | customers are taking longer to pay | 183 days to collect, up 33 in a year · cash cycle 308 days |
| Who has been buying? | the promoters have been selling | promoters 68.1% (−5.2 in a year), 73.3% → 68.1% over 2.8 years · FIIs 0.0% · DIIs 0.7% (+0.6) · shareholders 3,599 → 5,120 |
| What does it earn on its capital? | earns a high return on the capital it employs | ROCE 23.5% · ROE 19.0% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company is almost debt free.
- Company has delivered good profit growth of 175% CAGR over last 5 years
Against it
- Stock is trading at 8.68 times its book value
- Company has high debtors of 183 days.
- Promoter holding has decreased over last 3 years: -5.23%
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.