Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of BDH Industries
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 22.72 | 18.31 | 19.35 | 21.06 | 27.11 | 16.26 | 16.23 | 16.20 | 17.82 | 18.62 | 18.96 | 29.34 | 29.03 |
| Expenses + | 20.20 | 16.35 | 16.18 | 17.57 | 23.30 | 14.30 | 13.18 | 12.67 | 14.75 | 16.50 | 15.63 | 25.11 | 24.82 |
| Operating Profit | 2.52 | 1.96 | 3.17 | 3.49 | 3.81 | 1.96 | 3.05 | 3.53 | 3.07 | 2.12 | 3.33 | 4.23 | 4.21 |
| OPM % | 11.09% | 10.70% | 16.38% | 16.57% | 14.05% | 12.05% | 18.79% | 21.79% | 17.23% | 11.39% | 17.56% | 14.42% | 14.50% |
| Other Income + | 0.34 | 0.37 | 0.41 | 0.37 | 0.43 | 0.38 | 0.43 | 0.46 | 0.57 | 0.55 | 0.55 | 0.53 | 0.61 |
| Interest | 0.07 | 0.04 | 0.03 | 0.02 | 0.10 | 0.02 | 0.04 | 0.01 | 0.01 | 0.01 | 0.03 | 0.01 | 0.01 |
| Depreciation | 0.13 | 0.13 | 0.13 | 0.13 | 0.18 | 0.22 | 0.23 | 0.23 | 0.23 | 0.22 | 0.22 | 0.22 | 0.22 |
| Profit before tax | 2.66 | 2.16 | 3.42 | 3.71 | 3.96 | 2.10 | 3.21 | 3.75 | 3.40 | 2.44 | 3.63 | 4.53 | 4.59 |
| Tax % | 28.20% | 25.00% | 26.61% | 25.07% | 25.25% | 25.24% | 25.23% | 25.07% | 26.76% | 25.00% | 27.82% | 22.96% | 37.25% |
| Net Profit + | 1.91 | 1.62 | 2.51 | 2.78 | 2.96 | 1.57 | 2.41 | 2.81 | 2.49 | 1.83 | 2.62 | 3.49 | 2.88 |
| EPS in Rs | 3.32 | 2.81 | 4.36 | 4.83 | 5.14 | 2.73 | 4.19 | 4.88 | 4.32 | 3.18 | 4.55 | 6.06 | 5.00 |
Financials of BDH Industries
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 44 | 46 | 43 | 41 | 52 | 59 | 57 | 69 | 74 | 86 | 67 | 96 |
| Expenses + | 40 | 42 | 38 | 36 | 45 | 51 | 49 | 60 | 64 | 73 | 55 | 82 |
| Operating Profit | 4 | 4 | 5 | 5 | 7 | 9 | 9 | 9 | 11 | 12 | 12 | 14 |
| OPM % | 9% | 9% | 11% | 13% | 14% | 15% | 15% | 13% | 15% | 14% | 17% | 14% |
| Other Income + | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 5 | 5 | 5 | 7 | 8 | 9 | 10 | 11 | 13 | 12 | 15 |
| Tax % | 32% | 33% | 33% | 27% | 26% | 27% | 27% | 24% | 26% | 25% | 26% | 29% |
| Net Profit + | 3 | 3 | 3 | 4 | 5 | 6 | 6 | 7 | 8 | 10 | 9 | 11 |
| EPS in Rs | 4.46 | 5.61 | 5.80 | 6.53 | 8.39 | 10.32 | 11.05 | 12.54 | 14.24 | 17.14 | 16.10 | 18.78 |
| Dividend Payout % | 39% | 37% | 36% | 36% | 34% | 25% | 28% | 29% | 28% | 26% | 28% | 27% |
Financials of BDH Industries
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 18 | 21 | 23 | 25 | 28 | 32 | 37 | 43 | 49 | 56 | 63 | 71 |
| Borrowings + | 9 | 9 | 8 | 8 | 13 | 9 | 9 | 2 | 5 | 9 | 1 | 2 |
| Other Liabilities + | 19 | 15 | 17 | 18 | 18 | 18 | 19 | 18 | 20 | 23 | 17 | 20 |
| Total Liabilities | 52 | 52 | 54 | 57 | 66 | 65 | 71 | 69 | 80 | 93 | 87 | 99 |
| Fixed Assets + | 13 | 13 | 23 | 23 | 22 | 21 | 20 | 20 | 19 | 20 | 20 | 19 |
| CWIP | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 38 | 35 | 31 | 34 | 44 | 44 | 51 | 49 | 61 | 73 | 67 | 80 |
| Total Assets | 52 | 52 | 54 | 57 | 66 | 65 | 71 | 69 | 80 | 93 | 87 | 99 |
Financials of BDH Industries
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 6 | 4 | 7 | -0 | -4 | 11 | 1 | 3 | 6 | -2 | 15 | -2 |
| Cash from Investing Activity + | -0 | -5 | -5 | 0 | 1 | 1 | 1 | 1 | 0 | -0 | 2 | 2 |
| Cash from Financing Activity + | -3 | -1 | -3 | -3 | 3 | -6 | -2 | -8 | 0 | 1 | -10 | -2 |
| Net Cash Flow | 3 | -1 | -1 | -2 | 0 | 6 | -0 | -4 | 7 | -1 | 6 | -2 |
| Free Cash Flow | 6 | -0 | 1 | -1 | -4 | 11 | 1 | 4 | 6 | -4 | 15 | -2 |
| CFO/OP | 198% | 146% | 186% | 21% | -24% | 153% | 35% | 64% | 82% | 11% | 153% | 8% |
Financials of BDH Industries
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 81 | 64 | 67 | 63 | 89 | 68 | 96 | 76 | 82 | 121 | 78 | 120 |
| Inventory Days | 71 | 61 | 39 | 95 | 89 | 51 | 53 | 50 | 53 | 30 | 65 | 28 |
| Days Payable | 201 | 162 | 192 | 244 | 188 | 158 | 171 | 123 | 139 | 128 | 134 | 91 |
| Cash Conversion Cycle | -49 | -37 | -85 | -85 | -10 | -39 | -21 | 4 | -5 | 23 | 9 | 58 |
| Working Capital Days | -76 | -72 | -90 | -60 | -29 | -31 | 6 | 56 | 49 | 71 | 102 | 116 |
| ROCE % | 13% | 15% | 14% | 14% | 16% | 19% | 18% | 18% | 20% | 21% | 18% | 20% |
Focused growth in six core therapy areas: cardiology, pain management, women's health, CNS, transplant, and ophthalmology, which contribute 40-50% of…
Expansion plans supported by capex of INR 200-250 crores annually, with 60% towards expansion/new products and 40% towards efficiency improvements. Key concall…
The company is confident of achieving 20%+ volume growth backed by steady ramp-up in Jammu and existing facilities. Key concall takeaways from Innova Captab…
Chronic respiratory segment in India showing over 25% growth; oncology and cardiovascular segments also strong. Key concall takeaways from Glenmark…