Empire Inds. Share Price & Earnings Call Analysis

Financials of Empire Inds.

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Empire Inds.

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +178148154153152152163176186167180189195
Expenses +151132135146129135144158170151159171162
Operating Profit2716197231619181615211733
OPM %15%11%12%5%15%11%12%10%9%9%12%9%17%
Other Income +42315534533555
Interest116858577858610
Depreciation4444444454444
Profit before tax168101215111112610141224
Tax %15%25%20%16%17%9%13%9%32%7%10%12%21%
Net Profit +14681013101011410121119
EPS in Rs22.6210.2013.4317.0321.0016.1516.3517.537.4016.0320.6517.6331.58

Financials of Empire Inds.

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +352385405473526575490544682606677731
Expenses +290324338411467500447485603542607644
Operating Profit636167625975435979647087
OPM %18%16%17%13%11%13%9%11%12%11%10%12%
Other Income +556273312231014251518
Interest91014162032352733272728
Depreciation12109131115191517161716
Profit before tax464750606140132843464060
Tax %26%34%32%22%28%15%-4%14%17%19%14%14%
Net Profit +343134474434132436373452
EPS in Rs56.9051.0856.7877.7873.0756.9722.0239.4859.2061.6757.4285.92
Dividend Payout %42%47%44%32%34%44%114%63%42%41%44%0%

Financials of Empire Inds.

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital666666666666
Reserves131144177206231228241250277294308345
Borrowings +94139130182225321259232183168150172
Other Liabilities +188217231193214229207219274256286292
Total Liabilities419506544587677784713707740724751815
Fixed Assets +135217215217213317303352317315304301
CWIP840057103727599002
Investments000000001291160
Other Assets +199289329313361395335346412380435453
Total Assets419506544587677784713707740724751815

Financials of Empire Inds.

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +40344820-134010353797592
Cash from Investing Activity +-17-3-3-49-34-45-4-229-1517
Cash from Financing Activity +-2313-24175-5-82-45-89-52-59
Net Cash Flow-14421-12-41-1117619750
Free Cash Flow202849-34-50-996441036486
CFO/OP87%77%96%54%2%66%242%103%80%132%133%

Financials of Empire Inds.

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6174687180706483104977668
Inventory Days236239318265241286254252161180137158
Days Payable12212563625051344158515546
Cash Conversion Cycle175188323274272305284294207226158179
Working Capital Days4370206565405656231936
ROCE %24%22%21%17%14%14%9%11%16%15%14%18%

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