On 20 Nov 2025, Photoquip India’s share price touched Rs.12.24, the lowest level recorded in the past year. This decline comes after two consecutive days of losses, during which the stock has recorded a cumulative return of -12.16%. The stock’s performance today lagged behind the FMCG sector by 6.52%, signalling a relative weakness compared to its peers.
Trading activity has been somewhat erratic, with the stock not trading on one of the last 20 trading days. Moreover, Photoquip India is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates sustained downward pressure over multiple time horizons.
In contrast, the broader market has shown resilience. The Sensex opened higher at 85,470.92 points, gaining 284.45 points or 0.33%, before settling at 85,313.81 points, still up by 0.15%. The Sensex also reached a new 52-week high today, supported by mega-cap stocks and trading above its 50-day and 200-day moving averages, reflecting a bullish market environment that Photoquip India has not mirrored.
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Photoquip India’s one-year performance has been notably weak, with a return of -44.85%, contrasting sharply with the Sensex’s 9.94% gain over the same period. The stock’s 52-week high was Rs.29.19, indicating a significant erosion of value over the past year. This underperformance extends beyond the last 12 months, as the stock has lagged behind the BSE500 index in each of the last three annual periods.
From a fundamental perspective, the company’s long-term net sales have shown a compound annual growth rate (CAGR) of -3.58% over the past five years, indicating a contraction in revenue. The latest six-month net sales figure stands at Rs.6.08 crore, reflecting a decline of 32.22% compared to previous periods. This reduction in sales volume or value is a key factor influencing the stock’s price movement.
Profitability metrics also highlight challenges. The company’s average return on equity (ROE) is 0.35%, suggesting limited profitability generated from shareholders’ funds. Additionally, the debt servicing capacity appears constrained, with a Debt to EBITDA ratio of -1.00 times, pointing to a relatively high debt burden in relation to earnings before interest, tax, depreciation, and amortisation.
Operating profits have been negative recently, with the latest quarterly profit before tax (PBT) less other income recorded at Rs.-0.46 crore. The debtor turnover ratio for the half-year period is at a low 4.01 times, which may indicate slower collection of receivables and potential liquidity pressures.
Despite these headwinds, the stock’s price-to-earnings-growth (PEG) ratio stands at 0.1, reflecting the relationship between its price, earnings growth, and valuation. However, the stock is considered risky relative to its historical valuation averages, which may contribute to the cautious market sentiment.
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Ownership structure reveals that the majority of shareholders are non-institutional investors, which may influence trading patterns and liquidity. The stock’s recent price behaviour, combined with fundamental indicators, suggests a period of subdued performance within the FMCG sector.
In summary, Photoquip India’s stock has reached a new 52-week low of Rs.12.24 amid a backdrop of declining sales, limited profitability, and elevated debt levels. The stock’s technical indicators remain weak, trading below all major moving averages, while the broader market and FMCG sector have shown relative strength. These factors collectively illustrate the current challenges faced by the company in maintaining its market valuation.
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