| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 381 | 383 | 414 | 385 | 347 | 313 | 353 | 358 | 341 | 331 | 395 | 456 | |
Growth YoY Revenue Growth YoY% | -39.4 | -34.6 | -12.2 | -17.0 | -8.8 | -18.4 | -14.8 | -6.9 | -1.8 | 5.9 | 11.9 | 27.2 |
| 327 | 309 | 316 | 319 | 286 | 267 | 293 | 304 | 281 | 275 | 301 | 340 | |
| 54 | 74 | 98 | 66 | 61 | 46 | 60 | 55 | 60 | 57 | 94 | 116 | |
OPM OPM% | 14.1 | 19.4 | 23.6 | 17.2 | 17.5 | 14.6 | 16.9 | 15.3 | 17.6 | 17.1 | 23.9 | 25.4 |
| 7 | 8 | 9 | 8 | 9 | 8 | 8 | 9 | 7 | 5 | 8 | 6 | |
Interest Expense Interest ExpenseCr | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
Depreciation DepreciationCr | 11 | 11 | 12 | 12 | 12 | 12 | 13 | 14 | 14 | 14 | 14 | 14 |
PBT PBTCr | 48 | 70 | 93 | 62 | 57 | 41 | 54 | 49 | 52 | 46 | 86 | 106 |
| 12 | 14 | 20 | 16 | 15 | 10 | 14 | 12 | 15 | 15 | 21 | 28 | |
| 36 | 56 | 72 | 46 | 41 | 31 | 40 | 37 | 37 | 31 | 65 | 78 | |
Growth YoY PAT Growth YoY% | -69.3 | -33.4 | 31.3 | -32.7 | 14.0 | -44.2 | -44.2 | -19.8 | -10.5 | -1.2 | 60.2 | 113.8 |
NPM NPM% | 9.6 | 14.6 | 17.5 | 11.8 | 11.9 | 10.0 | 11.5 | 10.2 | 10.9 | 9.3 | 16.4 | 17.1 |
| 10.7 | 15.2 | 21.0 | 13.4 | 12.7 | 10.2 | 12.4 | 11.7 | 10.7 | 9.5 | 20.0 | 23.1 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 381 | 383 | 414 | 385 | 347 | 313 | 353 | 358 | 341 | 331 | 395 | 456 | |
Growth YoY Revenue Growth YoY% | -39.4 | -34.6 | -12.2 | -17.0 | -8.8 | -18.4 | -14.8 | -6.9 | -1.8 | 5.9 | 11.9 | 27.2 |
| 327 | 309 | 316 | 319 | 286 | 267 | 293 | 304 | 281 | 275 | 301 | 340 | |
| 54 | 74 | 98 | 66 | 61 | 46 | 60 | 55 | 60 | 57 | 94 | 116 | |
OPM OPM% | 14.1 | 19.4 | 23.6 | 17.2 | 17.5 | 14.6 | 16.9 | 15.3 | 17.6 | 17.1 | 23.9 | 25.4 |
| 7 | 8 | 9 | 8 | 9 | 8 | 8 | 9 | 7 | 5 | 8 | 6 | |
Interest Expense Interest ExpenseCr | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
Depreciation DepreciationCr | 11 | 11 | 12 | 12 | 12 | 12 | 13 | 14 | 14 | 14 | 14 | 14 |
PBT PBTCr | 48 | 70 | 93 | 62 | 57 | 41 | 54 | 49 | 52 | 46 | 86 | 106 |
| 12 | 14 | 20 | 16 | 15 | 10 | 14 | 12 | 15 | 15 | 21 | 28 | |
| 36 | 56 | 72 | 46 | 41 | 31 | 40 | 37 | 37 | 31 | 65 | 78 | |
Growth YoY PAT Growth YoY% | -69.3 | -33.4 | 31.3 | -32.7 | 14.0 | -44.2 | -44.2 | -19.8 | -10.5 | -1.2 | 60.2 | 113.8 |
NPM NPM% | 9.6 | 14.6 | 17.5 | 11.8 | 11.9 | 10.0 | 11.5 | 10.2 | 10.9 | 9.3 | 16.4 | 17.1 |
| 10.7 | 15.2 | 21.0 | 13.4 | 12.7 | 10.2 | 12.4 | 11.7 | 10.7 | 9.5 | 20.0 | 23.1 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 643 | 670 | 861 | 943 | 936 | 1,311 | 2,323 | 2,355 | 1,642 | 1,397 | 1,425 | 1,523 |
Growth Revenue Growth% | 3.9 | 4.3 | 28.4 | 9.5 | -0.8 | 40.1 | 77.1 | 1.4 | -30.3 | -14.9 | 2.0 | 11.1 |
| 516 | 521 | 679 | 750 | 755 | 938 | 1,700 | 1,746 | 1,318 | 1,165 | 1,160 | 1,196 | |
| 127 | 149 | 182 | 193 | 181 | 373 | 623 | 609 | 324 | 232 | 265 | 327 | |
OPM OPM% | 19.7 | 22.2 | 21.1 | 20.5 | 19.3 | 28.5 | 26.8 | 25.9 | 19.7 | 16.6 | 18.6 | 21.4 |
| 3 | 9 | 12 | 4 | 5 | 6 | 15 | 15 | 30 | 33 | 29 | 25 | |
Interest Expense Interest ExpenseCr | 22 | 13 | 9 | 13 | 23 | 18 | 17 | 12 | 6 | 4 | 5 | 6 |
Depreciation DepreciationCr | 19 | 20 | 19 | 20 | 32 | 34 | 42 | 46 | 45 | 48 | 56 | 56 |
PBT PBTCr | 88 | 126 | 166 | 165 | 131 | 327 | 578 | 567 | 302 | 213 | 232 | 290 |
| 30 | 43 | 53 | 48 | 34 | 83 | 160 | 161 | 69 | 55 | 63 | 79 | |
PAT PATCr | 58 | 82 | 113 | 117 | 97 | 244 | 418 | 406 | 232 | 159 | 169 | 211 |
Growth PAT Growth% | 73.5 | 42.9 | 37.4 | 3.5 | -16.8 | 149.8 | 71.6 | -2.9 | -42.7 | -31.7 | 6.7 | 40.9 |
NPM NPM% | 9.0 | 12.3 | 13.1 | 12.4 | 10.4 | 18.6 | 18.0 | 17.2 | 14.2 | 11.3 | 11.9 | 13.8 |
| 17.8 | 25.4 | 34.9 | 36.3 | 32.3 | 73.5 | 113.7 | 100.5 | 63.2 | 48.6 | 51.6 | 63.3 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 643 | 670 | 861 | 943 | 936 | 1,311 | 2,323 | 2,355 | 1,642 | 1,397 | 1,425 | 1,523 |
Growth Revenue Growth% | 3.9 | 4.3 | 28.4 | 9.5 | -0.8 | 40.1 | 77.1 | 1.4 | -30.3 | -14.9 | 2.0 | 11.1 |
| 516 | 521 | 679 | 750 | 755 | 938 | 1,700 | 1,746 | 1,318 | 1,165 | 1,160 | 1,196 | |
| 127 | 149 | 182 | 193 | 181 | 373 | 623 | 609 | 324 | 232 | 265 | 327 | |
OPM OPM% | 19.7 | 22.2 | 21.1 | 20.5 | 19.3 | 28.5 | 26.8 | 25.9 | 19.7 | 16.6 | 18.6 | 21.4 |
| 3 | 9 | 12 | 4 | 5 | 6 | 15 | 15 | 30 | 33 | 29 | 25 | |
Interest Expense Interest ExpenseCr | 22 | 13 | 9 | 13 | 23 | 18 | 17 | 12 | 6 | 4 | 5 | 6 |
Depreciation DepreciationCr | 19 | 20 | 19 | 20 | 32 | 34 | 42 | 46 | 45 | 48 | 56 | 56 |
PBT PBTCr | 88 | 126 | 166 | 165 | 131 | 327 | 578 | 567 | 302 | 213 | 232 | 290 |
| 30 | 43 | 53 | 48 | 34 | 83 | 160 | 161 | 69 | 55 | 63 | 79 | |
PAT PATCr | 58 | 82 | 113 | 117 | 97 | 244 | 418 | 406 | 232 | 159 | 169 | 211 |
Growth PAT Growth% | 73.5 | 42.9 | 37.4 | 3.5 | -16.8 | 149.8 | 71.6 | -2.9 | -42.7 | -31.7 | 6.7 | 40.9 |
NPM NPM% | 9.0 | 12.3 | 13.1 | 12.4 | 10.4 | 18.6 | 18.0 | 17.2 | 14.2 | 11.3 | 11.9 | 13.8 |
| 17.8 | 25.4 | 34.9 | 36.3 | 32.3 | 73.5 | 113.7 | 100.5 | 63.2 | 48.6 | 51.6 | 63.3 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves ReservesCr | 274 | 356 | 461 | 568 | 652 | 888 | 1,243 | 1,548 | 1,715 | 1,839 | 1,970 |
| 216 | 199 | 257 | 308 | 264 | 243 | 301 | 149 | 149 | 130 | 402 | |
| 109 | 73 | 106 | 145 | 180 | 158 | 130 | 115 | 104 | 104 | 189 | |
| 605 | 635 | 848 | 1,046 | 1,113 | 1,310 | 1,745 | 1,963 | 2,146 | 2,252 | 2,743 | |
| 245 | 280 | 355 | 449 | 461 | 577 | 907 | 1,032 | 997 | 941 | 941 | |
| 359 | 355 | 493 | 596 | 652 | 733 | 838 | 930 | 1,149 | 1,311 | 1,802 | |
| 605 | 635 | 848 | 1,046 | 1,113 | 1,310 | 1,745 | 1,963 | 2,146 | 2,252 | 2,743 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves ReservesCr | 274 | 356 | 461 | 568 | 652 | 888 | 1,243 | 1,548 | 1,715 | 1,839 | 1,970 |
| 216 | 199 | 257 | 308 | 264 | 243 | 301 | 149 | 149 | 130 | 402 | |
| 109 | 73 | 106 | 145 | 180 | 158 | 130 | 115 | 104 | 104 | 189 | |
| 605 | 635 | 848 | 1,046 | 1,113 | 1,310 | 1,745 | 1,963 | 2,146 | 2,252 | 2,743 | |
| 245 | 280 | 355 | 449 | 461 | 577 | 907 | 1,032 | 997 | 941 | 941 | |
| 359 | 355 | 493 | 596 | 652 | 733 | 838 | 930 | 1,149 | 1,311 | 1,802 | |
| 605 | 635 | 848 | 1,046 | 1,113 | 1,310 | 1,745 | 1,963 | 2,146 | 2,252 | 2,743 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 85 | 60 | 140 | 94 | 144 | 110 | 220 | 354 | 334 | 255 | 184 | |
| -29 | -10 | -135 | -119 | -130 | -62 | -147 | -210 | -274 | -139 | -344 | |
| -54 | -55 | 16 | 21 | -26 | -37 | -57 | -81 | -75 | -49 | 85 | |
Net Cash Flow Net Cash FlowCr | 2 | -5 | 21 | -4 | -12 | 11 | 16 | 63 | -15 | 68 | -75 |
Free Cash Flow Free Cash FlowCr | 53 | 47 | 32 | -75 | 83 | -21 | 72 | 234 | 82 | 70 | -186 |
CFO To PAT CFO To PAT% | 147.2 | 73.4 | 123.7 | 80.5 | 147.9 | 45.1 | 52.5 | 87.3 | 143.8 | 161.1 | 108.8 |
CFO To EBITDA CFO To EBITDA% | 66.9 | 40.5 | 76.9 | 48.7 | 79.8 | 29.4 | 35.3 | 58.1 | 103.2 | 110.0 | 69.3 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 85 | 60 | 140 | 94 | 144 | 110 | 220 | 354 | 334 | 255 | 184 | |
| -29 | -10 | -135 | -119 | -130 | -62 | -147 | -210 | -274 | -139 | -344 | |
| -54 | -55 | 16 | 21 | -26 | -37 | -57 | -81 | -75 | -49 | 85 | |
Net Cash Flow Net Cash FlowCr | 2 | -5 | 21 | -4 | -12 | 11 | 16 | 63 | -15 | 68 | -75 |
Free Cash Flow Free Cash FlowCr | 53 | 47 | 32 | -75 | 83 | -21 | 72 | 234 | 82 | 70 | -186 |
CFO To PAT CFO To PAT% | 147.2 | 73.4 | 123.7 | 80.5 | 147.9 | 45.1 | 52.5 | 87.3 | 143.8 | 161.1 | 108.8 |
CFO To EBITDA CFO To EBITDA% | 66.9 | 40.5 | 76.9 | 48.7 | 79.8 | 29.4 | 35.3 | 58.1 | 103.2 | 110.0 | 69.3 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 578 | 1,230 | 1,823 | 1,585 | 813 | 5,712 | 9,403 | 6,294 | 6,622 | 3,912 | 3,166 | 6,982 |
Price To Earnings Price To Earnings | 10.3 | 14.9 | 16.1 | 13.5 | 7.8 | 24.0 | 25.5 | 19.3 | 32.3 | 24.8 | 18.9 | 34.0 |
Price To Sales Price To Sales | 0.9 | 1.8 | 2.1 | 1.7 | 0.9 | 4.4 | 4.0 | 2.7 | 4.0 | 2.8 | 2.2 | 4.6 |
Price To Book Price To Book | 2.1 | 3.4 | 3.9 | 2.8 | 1.2 | 6.4 | 7.5 | 4.0 | 3.9 | 2.1 | 1.6 | 3.5 |
EV To EBITDA EV To EBITDA | 5.7 | 8.8 | 10.7 | 9.1 | 5.8 | 15.5 | 15.2 | 10.0 | 19.5 | 15.4 | 11.4 | 21.1 |
GPM GPM% | 33.5 | 37.7 | 35.4 | 34.4 | 33.4 | 41.1 | 37.0 | 35.7 | 32.9 | 31.5 | 32.4 | 32.4 |
OPM OPM% | 19.7 | 22.2 | 21.1 | 20.5 | 19.3 | 28.5 | 26.8 | 25.9 | 19.7 | 16.6 | 18.6 | 21.4 |
NPM NPM% | 9.0 | 12.3 | 13.1 | 12.4 | 10.4 | 18.6 | 18.0 | 17.2 | 14.2 | 11.3 | 11.9 | 13.8 |
ROCE ROCE% | 25.7 | 31.1 | 28.7 | 23.3 | 17.1 | 34.7 | 44.1 | 35.9 | 17.7 | 11.7 | 11.3 | 11.3 |
ROE ROE% | 20.6 | 22.7 | 24.2 | 20.4 | 14.8 | 27.2 | 33.4 | 26.1 | 13.5 | 8.6 | 8.6 | 8.6 |
ROA ROA% | 9.5 | 13.0 | 13.3 | 11.2 | 8.8 | 18.6 | 23.9 | 20.7 | 10.8 | 7.0 | 6.2 | 6.2 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 578 | 1,230 | 1,823 | 1,585 | 813 | 5,712 | 9,403 | 6,294 | 6,622 | 3,912 | 3,166 | 6,982 |
Price To Earnings Price To Earnings | 10.3 | 14.9 | 16.1 | 13.5 | 7.8 | 24.0 | 25.5 | 19.3 | 32.3 | 24.8 | 18.9 | 34.0 |
Price To Sales Price To Sales | 0.9 | 1.8 | 2.1 | 1.7 | 0.9 | 4.4 | 4.0 | 2.7 | 4.0 | 2.8 | 2.2 | 4.6 |
Price To Book Price To Book | 2.1 | 3.4 | 3.9 | 2.8 | 1.2 | 6.4 | 7.5 | 4.0 | 3.9 | 2.1 | 1.6 | 3.5 |
EV To EBITDA EV To EBITDA | 5.7 | 8.8 | 10.7 | 9.1 | 5.8 | 15.5 | 15.2 | 10.0 | 19.5 | 15.4 | 11.4 | 21.1 |
GPM GPM% | 33.5 | 37.7 | 35.4 | 34.4 | 33.4 | 41.1 | 37.0 | 35.7 | 32.9 | 31.5 | 32.4 | 32.4 |
OPM OPM% | 19.7 | 22.2 | 21.1 | 20.5 | 19.3 | 28.5 | 26.8 | 25.9 | 19.7 | 16.6 | 18.6 | 21.4 |
NPM NPM% | 9.0 | 12.3 | 13.1 | 12.4 | 10.4 | 18.6 | 18.0 | 17.2 | 14.2 | 11.3 | 11.9 | 13.8 |
ROCE ROCE% | 25.7 | 31.1 | 28.7 | 23.3 | 17.1 | 34.7 | 44.1 | 35.9 | 17.7 | 11.7 | 11.3 | 11.3 |
ROE ROE% | 20.6 | 22.7 | 24.2 | 20.4 | 14.8 | 27.2 | 33.4 | 26.1 | 13.5 | 8.6 | 8.6 | 8.6 |
ROA ROA% | 9.5 | 13.0 | 13.3 | 11.2 | 8.8 | 18.6 | 23.9 | 20.7 | 10.8 | 7.0 | 6.2 | 6.2 |
Documents — Balaji Amines Ltd
Concall Transcript Summaries — Balaji Amines Ltd