Empire Industries
- Market cap
- ₹ 570 Cr.
- P/E
- 9.9x
- P/B
- 1.65x
- 52-week range
- 923 – 1,248
- ROE
- 16%
- ROCE
- 18%
- Dividend yield
- 2.6%
- Debt / equity
- 0.49
- Sector
- Diversified
- Industry
- Diversified
- Listed on
- NSE, BSE
About
Empire Industries Limited is an India-based company, which is engaged in manufacturing container glass, trading in frozen foods, indenting and property development. The Company’s business verticals include Vitrum Glass, Empire Machine Tools (EMT-MFTM), Empire Machine Tools (EMT-MCAT), Empire Industrial Equipment, Empire Commercial Properties, Empire Vending, Empire Foods, The Empire Business Centre and Empire Industrial Centrum. Vitrum Glass is engaged in the manufacturing and marketing high-quality glass bottles for the pharmaceutical industry in India and overseas. The Empire Business Centre offers premium serviced and furnished office spaces in Mumbai’s Lower Parel and Airoli. Empire Vending (Grabbit+) offers smart, cashless vending systems for modern workplaces, integrating digital wallets, centralized management, and data-driven inventory systems. Empire Foods is engaged in importing and distribution of frozen and chilled foods for the HORECA sector.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified: 14 companies →Empire Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)9.9 against a typical 15: cheaper than most peers (1st = cheapest).4th of 14
- Sales growth+10.2% against a typical +10.1% from a year earlier.7th of 14
- Profit growth+40% against a typical +30.9% from a year earlier.5th of 13
- Size₹ 569.9 Cr. market value against a typical ₹ 62.2 Cr. (1st = largest).5th of 13
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A to A- by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A | Stable | 2 Sep 2026 |
| CRISIL | Crisil A- | Stable | 8 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Sep 2026 | Reaffirmed | CARE A | — | CARE | ₹ 332.73 Cr. | |
| 8 Jul 2026 | Reaffirmed | Crisil A- | — | CRISIL | ₹ 126 Cr. | |
| 18 Aug 2025 | Withdrawn | was CARE A | — | CARE | ₹ 292.41 Cr. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 154 | 153 | 152 | 152 | 163 | 176 | 186 | 167 | 180 | 189 | 195 | 184 |
| Expenses | 135 | 146 | 129 | 135 | 144 | 158 | 170 | 151 | 159 | 171 | 162 | 164 |
| Operating Profit | 19 | 7 | 23 | 16 | 19 | 18 | 16 | 15 | 21 | 17 | 33 | 20 |
| OPM % | 12% | 4.5% | 15% | 11% | 12% | 10% | 9% | 9% | 12% | 9% | 17% | 11% |
| Other Income | 3 | 15 | 5 | 3 | 4 | 5 | 3 | 3 | 5 | 5 | 5 | 6 |
| Interest | 8 | 5 | 8 | 5 | 7 | 7 | 8 | 5 | 8 | 6 | 10 | 5 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 10 | 12 | 15 | 11 | 11 | 12 | 6 | 10 | 14 | 12 | 24 | 17 |
| Tax % | 20% | 16% | 17% | 9% | 13% | 9% | 32% | 7% | 10% | 12% | 21% | 17% |
| Net Profit | 8 | 10 | 13 | 10 | 10 | 11 | 4 | 10 | 12 | 11 | 19 | 14 |
| EPS in Rs | 13.43 | 17.03 | 21 | 16.15 | 16.35 | 17.53 | 7.4 | 16.03 | 20.65 | 17.63 | 31.58 | 23.62 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 8%
- 3 Years
- 2%
- TTM
- 8%
- 10 Years
- 5%
- 5 Years
- 32%
- 3 Years
- 15%
- TTM
- 64%
- 10 Years
- −4%
- 5 Years
- 9%
- 3 Years
- 13%
- TTM
- —
- 10 Years
- 13%
- 5 Years
- 12%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Empire Industries | ₹ 939.70 | ₹ 570 Cr. | 9.9x | 1.7x | 16% | — |
| Nestle India | ₹ 1,173.45 | ₹ 2,26,278 Cr. | 80.4x | 53.4x | 76.3% | 15.1% |
| Britannia Industries | ₹ 4,547.80 | ₹ 1,09,542 Cr. | 51.5x | 25.5x | 53.6% | 13.3% |
| Tata Consumer Products | ₹ 960.00 | ₹ 95,010 Cr. | 67.4x | 4.9x | 7.4% | 8.1% |
| Godrej Industries | ₹ 918.00 | ₹ 30,884 Cr. | 34.9x | 4x | 11.6% | 10.9% |
| Patanjali Foods | ₹ 351.00 | ₹ 38,193 Cr. | 18.9x | 2.8x | 14.8% | 4.5% |
Management
- Satish Chandra Malhotra
- Non-Executive Chairman of the Board, Managing Director
- Suhas Chandra Nanda
- Chief Executive Officer, Chief Financial Officer, Director - Finance, Compliance Officer, Company Secretary
- Ranjit Malhotra
- Executive Vice Chairman of the Board, Managing Director
- Dileep Malhotra
- Joint Managing Director, Executive Director
- Kabir Ranjit Malhotra
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.