What is the technical trend for Fine Line Cir.?

As of April 23, 2025, Fine Line Cir. shows a neutral trend with a current price of 102.60, down from 108.00, reflecting a short-term bearish sentiment and a 5% decline over the past week.

As of 23 April 2025, the technical trend for Fine Line Cir. has changed from mildly bullish to does not qualify. The current price is 102.60, down from the previous close of 108.00, indicating a bearish sentiment in the short term. The stock has not shown significant movement today, with a high and low both at 102.60. The recent performance over the past week reflects a decline of 5%, contrasting with a positive return of 1.32% in the Sensex. Overall, the indicators suggest a neutral stance due to insufficient data to form a definitive bullish or bearish view.

Who are the peers of the Fine Line Cir.?

Fine Line Cir.'s peers include Smartlink Hold., Aztec Fluids, Cerebra Integr., and others, with varying management risks and growth rates. Cerebra Integr. has the highest 1-year return at 8.94%, while Smartlink Hold. has the lowest at -51.52%.

Peers: The peers of Fine Line Cir. are Smartlink Hold., Aztec Fluids, Cerebra Integr., Vama Industries, Compuage Info., ACI Infocom, Brisk Technovisi, Computer Point, and VCU Data Managem.<BR><BR>Quality Snapshot: Below Average management risk is observed at Smartlink Hold., Cerebra Integr., Vama Industries, Fine Line Cir., Compuage Info., and the rest. Good management risk is found at Aztec Fluids and Brisk Technovisi. Average growth is noted at Aztec Fluids and the rest exhibit Below Average growth, including Smartlink Hold., Cerebra Integr., Vama Industries, Fine Line Cir., Compuage Info., and others. Good capital structure is present at Smartlink Hold., Aztec Fluids, and Brisk Technovisi, while Below Average capital structure is seen at Cerebra Integr., Vama Industries, Fine Line Cir., Compuage Info., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cerebra Integr. at 8.94%, while the peer with the lowest is Smartlink Hold. at -51.52%. Fine Line Cir.'s 1-year return is not available for comparison. Additionally, peers such as Smartlink Hold., Aztec Fluids, Vama Industries, ACI Infocom, Brisk Technovisi, Computer Point, and VCU Data Managem have negative six-month returns.

Who are in the management team of Fine Line Cir.?

As of March 2023, the management team of Fine Line Cir. includes Kumudini Mehta, Juzer Vasi, Apurva R Shah, R M Premkumar (Independent Non-Executive Directors), Upendranath Nimmagadda, Gautam B Doshi (Non-Executive Directors), and Abhay B Doshi, Rajiv B Doshi (Executive Directors). The team comprises a mix of independent, non-executive, and executive directors.

As of March 2023, the management team of Fine Line Cir. consists of the following individuals:<BR><BR>1. Kumudini Mehta - Independent Non Executive Director<BR>2. Juzer Vasi - Independent Non Executive Director<BR>3. Upendranath Nimmagadda - Non Executive Director<BR>4. Gautam B Doshi - Non Executive Director<BR>5. Apurva R Shah - Independent Non Executive Director<BR>6. R M Premkumar - Independent Non Executive Director<BR>7. Abhay B Doshi - Executive Director<BR>8. Rajiv B Doshi - Executive Director<BR><BR>This team includes a mix of independent and non-executive directors, as well as executive directors.

What does Fine Line Cir. do?

Fine Line Circuits Ltd manufactures printed circuit boards (PCBs) and is classified as a micro-cap company in the IT - Hardware industry. As of March 2025, it reported net sales of 66 Cr and a net profit of 0 Cr, with a market cap of INR 34 Cr.

Overview:<BR>Fine Line Circuits Ltd is engaged in the manufacturing of printed circuit boards (PCBs) and operates within the IT - Hardware industry, classified as a micro-cap company.<BR><BR>History:<BR>Fine Line Circuits Ltd was incorporated in 1989 by Mr. B. T. Doshi and family. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 66 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: INR 34 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 34.00<BR>- Industry P/E: 75<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.56<BR>- Return on Equity: 4.08%<BR>- Price to Book: 3.86<BR><BR>Contact Details:<BR>Address: 145 SDF - V Seepz(SEZ), Andheri (East) Mumbai Maharashtra : 400096<BR>Tel: 91-22-28290244<BR>Email: fineline@vsnl.com<BR>Website: http://www.finelineindia.com

Who are the top shareholders of the Fine Line Cir.?

The top shareholders of Fine Line Cir. are Bhagwandas Trikamdas Doshi with 12.66% and Upendranath Nimmagadda with 9.78%. Individual investors collectively own 49.81%, with no institutional holdings or pledged shares reported.

The top shareholders of Fine Line Cir. include Bhagwandas Trikamdas Doshi, who holds the highest promoter stake at 12.66%. The highest public shareholder is Upendranath Nimmagadda, with a holding of 9.78%. Additionally, individual investors collectively own 49.81% of the company. There are no institutional holdings or pledged promoter shares reported.

How big is Fine Line Cir.?

As of 24th July, Fine Line Circuits Ltd has a market capitalization of 33.00 Cr, with net sales of 27.49 Cr and a net profit of 0.34 Cr reported in the latest four quarters. The balance sheet as of March 2023 shows shareholder's funds of 8.52 Cr and total assets of 18.35 Cr.

As of 24th July, Fine Line Circuits Ltd has a market capitalization of 33.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Fine Line Circuits Ltd reported Net Sales of 27.49 Cr and a Net Profit of 0.34 Cr.<BR><BR>The latest annual period for the balance sheet is March 2023, showing Shareholder's Funds of 8.52 Cr and Total Assets of 18.35 Cr.

When is the next results date for Fine Line Cir.?

The next results date for Fine Line Cir. is 11 August 2025.

The next results date for Fine Line Cir. is scheduled for 11 August 2025.

Is Fine Line Cir. overvalued or undervalued?

As of August 11, 2025, Fine Line Cir. is considered overvalued with a PE ratio of 35.10 and a low PEG ratio of 0.12, despite strong past performance, indicating potential concerns about future growth compared to its peers and the market.

As of 11 August 2025, the valuation grade for Fine Line Cir. has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued, with a PE ratio of 35.10, an EV to EBIT of 39.76, and an EV to EBITDA of 32.59. These ratios suggest that the stock is trading at a premium compared to its earnings and cash flow generation capabilities.<BR><BR>In comparison to its peers, Fine Line Cir. has a PE ratio significantly lower than Kaynes Tech, which stands at 123.4, and Honeywell Auto at 62.15, both categorized as very expensive. Additionally, Fine Line Cir.'s PEG ratio of 0.12 is notably low, suggesting that growth expectations may not justify its current price. While the stock has shown strong performance over the past three years with a return of 54.33%, it has underperformed against the Sensex in the last week and over five years, indicating potential concerns about its future growth relative to the market.

Should I buy, sell or hold Fine Line Cir.?

How has been the historical performance of Fine Line Cir.?

Fine Line Cir. has shown fluctuating historical performance, with net sales increasing to 30.37 Cr in Mar'25 from 24.28 Cr in Mar'24, while profitability metrics improved, including a profit after tax of 0.20 Cr. However, total assets and sales have experienced variability over the years.

Answer:<BR>The historical performance of Fine Line Cir. shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Fine Line Cir. reported net sales of 30.37 Cr in Mar'25, an increase from 24.28 Cr in Mar'24, but a decline from 31.54 Cr in Mar'19. The total operating income followed a similar pattern, reaching 30.37 Cr in Mar'25. The total expenditure, excluding depreciation, rose to 29.21 Cr in Mar'25 from 23.24 Cr in Mar'24, leading to an operating profit (PBDIT) of 1.16 Cr in Mar'25, slightly up from 1.04 Cr in Mar'24. Profit before tax also improved to 0.22 Cr in Mar'25 from 0.11 Cr in Mar'24, resulting in a profit after tax of 0.20 Cr, up from 0.11 Cr in the previous year. The earnings per share (EPS) increased to 0.41 in Mar'25 from 0.23 in Mar'24. On the balance sheet, total assets decreased slightly to 17.72 Cr in Mar'25 from 17.80 Cr in Mar'24, while total liabilities also saw a minor decline to 17.72 Cr. The company maintained a consistent equity capital of 4.83 Cr over the years. Cash flow from operating activities was stable at 1.00 Cr in Mar'25, consistent with the previous year, while cash flow from investing activities turned negative at -1.00 Cr. Overall, Fine Line Cir. has shown some recovery in profitability metrics, although sales and asset values have experienced fluctuations.

Which are the latest news on Fine Line Cir.?

Why is Fine Line Cir. falling/rising?

As of 04-Dec, Fine Line Circuits Ltd's stock price is at Rs 76.46, down 5.0% and significantly underperforming against its sector. The stock has declined 22.35% over the past month and is trading below key moving averages, indicating a bearish trend.

As of 04-Dec, Fine Line Circuits Ltd's stock price is falling, currently at Rs 76.46, which represents a decline of Rs 4.02 or 5.0%. The stock has been underperforming significantly, with a performance today that is 4.7% lower than its sector. Additionally, it has experienced a consecutive fall over the last three days, resulting in a total decline of 10.05% during this period.<BR><BR>In terms of broader performance metrics, the stock has shown a substantial decrease of 22.35% over the past month and 26.83% over the past year, while the Sensex has gained 2.16% and 5.32% respectively in those same periods. This stark contrast indicates that Fine Line Circuits Ltd is struggling relative to the market.<BR><BR>The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 211.55% against the 5-day average, this has not been sufficient to counteract the downward price movement. Overall, the combination of poor recent performance, underperformance against the sector, and trading below key moving averages are contributing to the stock's decline.