Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Ecoboard Inds.
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 + | 5.81 | 3.69 | 6.49 | 8.79 | 10.78 | 5.76 | 3.27 | 1.87 | 1.81 | 1.64 | 4.91 | 9.47 | 7.89 |
| Expenses + | 10.31 | 6.33 | 7.94 | 8.61 | 10.00 | 6.54 | 5.65 | 4.85 | 4.73 | 4.44 | 7.42 | 10.17 | 11.16 |
| Operating Profit | -4.50 | -2.64 | -1.45 | 0.18 | 0.78 | -0.78 | -2.38 | -2.98 | -2.92 | -2.80 | -2.51 | -0.70 | -3.27 |
| OPM % | -77.45% | -71.54% | -22.34% | 2.05% | 7.24% | -13.54% | -72.78% | -159.36% | -161.33% | -170.73% | -51.12% | -7.39% | -41.44% |
| Other Income + | 1.90 | 0.04 | 0.02 | 0.03 | -2.29 | 0.01 | 0.09 | -4.80 | -2.85 | 0.07 | 0.02 | 0.13 | 0.81 |
| Interest | 0.81 | 0.31 | -0.01 | 0.15 | 0.30 | 0.12 | 0.12 | 0.19 | 0.11 | 0.35 | 0.08 | -0.22 | 0.04 |
| Depreciation | 0.26 | 0.28 | 0.28 | 0.28 | 0.27 | 0.29 | 0.29 | 0.28 | 0.28 | 0.28 | 0.38 | 0.43 | 0.49 |
| Profit before tax | -3.67 | -3.19 | -1.70 | -0.22 | -2.08 | -1.18 | -2.70 | -8.25 | -6.16 | -3.36 | -2.95 | -0.78 | -2.99 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 3.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit + | -3.67 | -3.19 | -1.70 | -0.22 | -2.15 | -1.17 | -2.69 | -8.26 | -6.16 | -3.36 | -2.95 | -0.78 | -2.99 |
| EPS in Rs | -2.06 | -1.79 | -0.95 | -0.12 | -1.21 | -0.66 | -1.51 | -4.63 | -3.45 | -1.46 | -1.28 | -0.34 | -1.13 |
Financials of Ecoboard Inds.
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 + | 17 | 22 | 16 | 9 | 20 | 12 | 15 | 35 | 39 | 30 | 13 | 24 |
| Expenses + | 20 | 28 | 21 | 15 | 24 | 13 | 16 | 34 | 42 | 33 | 22 | 33 |
| Operating Profit | -3 | -6 | -5 | -6 | -4 | -1 | -1 | 1 | -4 | -3 | -9 | -9 |
| OPM % | -20% | -27% | -30% | -73% | -17% | -11% | -5% | 3% | -9% | -10% | -71% | -39% |
| Other Income + | 2 | -2 | 0 | 0 | 2 | 20 | 16 | 4 | 4 | -2 | -8 | 1 |
| Interest | 5 | 5 | 4 | 6 | 5 | 2 | 3 | 2 | 2 | 1 | 1 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | -7 | -15 | -10 | -14 | -7 | 15 | 11 | 2 | -3 | -7 | -18 | -10 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 0% | 0% |
| Net Profit + | -7 | -15 | -10 | -14 | -7 | 15 | 11 | 2 | -3 | -7 | -18 | -10 |
| EPS in Rs | -3.92 | -8.36 | -5.81 | -7.78 | -4.04 | 8.45 | 6.31 | 1.20 | -1.76 | -4.08 | -10.25 | -3.82 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Ecoboard Inds.
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 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 26 |
| Reserves | -9 | -23 | -8 | -22 | -29 | -14 | -3 | -1 | 3 | -5 | -23 | -4 |
| Borrowings + | 33 | 39 | 42 | 45 | 48 | 40 | 30 | 24 | 25 | 15 | 22 | 8 |
| Other Liabilities + | 9 | 14 | 16 | 20 | 27 | 18 | 28 | 21 | 17 | 28 | 31 | 31 |
| Total Liabilities | 51 | 47 | 67 | 61 | 63 | 62 | 73 | 62 | 62 | 56 | 48 | 61 |
| Fixed Assets + | 17 | 16 | 40 | 37 | 35 | 24 | 21 | 20 | 27 | 19 | 18 | 23 |
| CWIP | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 0 | 5 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 32 | 29 | 25 | 22 | 25 | 36 | 50 | 39 | 32 | 38 | 25 | 36 |
| Total Assets | 51 | 47 | 67 | 61 | 63 | 62 | 73 | 62 | 62 | 56 | 48 | 61 |
Financials of Ecoboard Inds.
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 + | 1 | -0 | 1 | 1 | 0 | -7 | -2 | -6 | 3 | 0 | -1 | -18 |
| Cash from Investing Activity + | -2 | -1 | 0 | 3 | 2 | 9 | 19 | 11 | 0 | 10 | -5 | -4 |
| Cash from Financing Activity + | 1 | 1 | -1 | -4 | -2 | -3 | -13 | -8 | -2 | -10 | 7 | 21 |
| Net Cash Flow | 0 | 0 | -0 | 0 | 0 | -1 | 4 | -4 | 1 | -1 | 0 | -0 |
| Free Cash Flow | -1 | -1 | 1 | 4 | 2 | 2 | 9 | -6 | 3 | 10 | -6 | -22 |
| CFO/OP | -35% | 4% | -20% | -14% | -12% | 533% | 306% | -549% | -77% | -7% | 12% | 189% |
Financials of Ecoboard Inds.
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 | 48 | 51 | 64 | 54 | 94 | 126 | 153 | 78 | 61 | 109 | 105 | 67 |
| Inventory Days | 622 | 497 | 690 | 678 | 268 | 1,292 | 824 | 406 | 304 | 263 | 264 | 322 |
| Days Payable | 129 | 127 | 212 | 273 | 256 | 700 | 370 | 77 | 154 | 138 | 393 | 270 |
| Cash Conversion Cycle | 541 | 421 | 543 | 458 | 106 | 719 | 606 | 407 | 211 | 234 | -24 | 119 |
| Working Capital Days | -8 | -148 | -387 | -1,204 | -527 | 216 | 217 | 138 | 107 | 78 | -472 | -233 |
| ROCE % | -6% | -17% | -14% | -16% | -11% | -1% | -1% | 3% | -6% | -11% | -40% | -44% |
Investments focused on strengthening in-store presence and sales promoters (A&SP spend increased by 21.4% YoY). Key concall takeaways from Eureka Forbes Ltd's…
Q1 FY27 sales grew by approximately 40% year-on-year, driven by 15% price escalation and 25% volume growth. Key concall takeaways from Visdem Technosys Ltd's…
EBITDA margins could fluctuate slightly (±1%), but the focus remains on expanding market share and top line. Key concall takeaways from Indigo Paints Ltd's Q1…
Home lighting segment growing rapidly, with year-on-year growth of around 100%, expanding channel partners. Key concall takeaways from Focus Lighting's Q2 FY24…