Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of FORBESGOK
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 + | 11.26 | 11.37 | 15.54 | 11.89 | 87.08 | 35.79 | 34.66 | 40.23 | 88.68 | 22.45 | 18.70 | 17.80 | 17.19 |
| Expenses + | 14.94 | 11.30 | 17.04 | 11.81 | 83.58 | 31.00 | 30.45 | 36.75 | 77.13 | 21.30 | 15.83 | 14.78 | 18.00 |
| Operating Profit | -3.68 | 0.07 | -1.50 | 0.08 | 3.50 | 4.79 | 4.21 | 3.48 | 11.55 | 1.15 | 2.87 | 3.02 | -0.81 |
| OPM % | -32.68% | 0.62% | -9.65% | 0.67% | 4.02% | 13.38% | 12.15% | 8.65% | 13.02% | 5.12% | 15.35% | 16.97% | -4.71% |
| Other Income + | 14.10 | 17.40 | -20.24 | 2.96 | -1.03 | 2.31 | 2.60 | 10.19 | 97.29 | 5.34 | 6.22 | 2.55 | 1.40 |
| Interest | -0.90 | 0.24 | 0.39 | 0.17 | 0.80 | 0.23 | 0.20 | 0.21 | 0.13 | 0.16 | 0.15 | 0.16 | 0.18 |
| Depreciation | 1.36 | 0.41 | 0.46 | 0.35 | 0.43 | 0.38 | 0.37 | 0.42 | 0.41 | 0.57 | 0.56 | 0.52 | 1.26 |
| Profit before tax | 9.96 | 16.82 | -22.59 | 2.52 | 1.24 | 6.49 | 6.24 | 13.04 | 108.30 | 5.76 | 8.38 | 4.89 | -0.85 |
| Tax % | -2.71% | 36.09% | 0.53% | -55.95% | -173.39% | 18.64% | 17.63% | 27.15% | 5.04% | 15.62% | 24.46% | 14.31% | 131.76% |
| Net Profit + | 10.23 | 10.75 | -22.71 | 3.93 | 3.39 | 5.28 | 5.14 | 9.50 | 102.84 | 4.86 | 6.33 | 4.19 | -1.97 |
| EPS in Rs | 7.93 | 8.33 | -17.60 | 3.05 | 2.63 | 4.09 | 3.98 | 7.36 | 79.72 | 3.77 | 4.91 | 3.25 | -1.53 |
Financials of FORBESGOK
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 + | 3,546 | 3,231 | 2,999 | 2,822 | 2,853 | 2,731 | 932 | 515 | 47 | 125 | 199 | 76 |
| Expenses + | 3,417 | 3,194 | 2,892 | 2,693 | 2,710 | 2,701 | 821 | 465 | 76 | 119 | 173 | 69 |
| Operating Profit | 129 | 37 | 106 | 129 | 143 | 30 | 111 | 49 | -29 | 6 | 26 | 8 |
| OPM % | 4% | 1% | 4% | 5% | 5% | 1% | 12% | 10% | -63% | 5% | 13% | 10% |
| Other Income + | 65 | 135 | 134 | 39 | 35 | -171 | -48 | 4,252 | 243 | -5 | 110 | 14 |
| Interest | 91 | 107 | 74 | 96 | 89 | 101 | 52 | 42 | 10 | 1 | 1 | 1 |
| Depreciation | 22 | 75 | 71 | 77 | 77 | 98 | 68 | 41 | 6 | 2 | 2 | 3 |
| Profit before tax | 81 | -9 | 95 | -4 | 11 | -341 | -56 | 4,218 | 198 | -2 | 134 | 18 |
| Tax % | 54% | 423% | 26% | 682% | 126% | -1% | 107% | -0% | 3% | 116% | 8% | 26% |
| Net Profit + | 37 | -48 | 89 | -32 | -3 | -338 | -117 | 4,229 | 192 | -4 | 123 | 13 |
| EPS in Rs | 25.17 | -45.39 | 65.49 | -15.07 | 5.40 | -251.63 | -60.21 | 3,278.84 | 148.80 | -3.46 | 95.16 | 10.40 |
| Dividend Payout % | 0% | 0% | 4% | -17% | 93% | 0% | 0% | 0% | 44% | 0% | 0% | 0% |
Financials of FORBESGOK
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 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 431 | 206 | 301 | 303 | 251 | -101 | -154 | 73 | 212 | 127 | 207 | 186 |
| Borrowings + | 1,180 | 1,140 | 1,164 | 1,189 | 1,070 | 1,137 | 523 | 288 | 9 | 5 | 5 | 6 |
| Other Liabilities + | 1,188 | 1,220 | 1,228 | 1,254 | 1,541 | 1,695 | 1,654 | 415 | 467 | 275 | 77 | 49 |
| Total Liabilities | 2,811 | 2,579 | 2,706 | 2,759 | 2,874 | 2,744 | 2,036 | 789 | 701 | 421 | 301 | 255 |
| Fixed Assets + | 1,140 | 997 | 1,036 | 1,139 | 1,134 | 1,027 | 598 | 158 | 29 | 27 | 27 | 27 |
| CWIP | 51 | 72 | 74 | 94 | 87 | 29 | 4 | 1 | 0 | 0 | 0 | 0 |
| Investments | 26 | 92 | 73 | 80 | 81 | 123 | 60 | 117 | 145 | 171 | 200 | 164 |
| Other Assets + | 1,594 | 1,418 | 1,524 | 1,445 | 1,573 | 1,565 | 1,374 | 513 | 527 | 223 | 74 | 63 |
| Total Assets | 2,811 | 2,579 | 2,706 | 2,759 | 2,874 | 2,744 | 2,036 | 789 | 701 | 421 | 301 | 255 |
Financials of FORBESGOK
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 + | 98 | 120 | 67 | 170 | 207 | 229 | 366 | 201 | 55 | -20 | -11 | -6 |
| Cash from Investing Activity + | -51 | -83 | 5 | -130 | -44 | -143 | 65 | 9 | 216 | 1 | 7 | 0 |
| Cash from Financing Activity + | -80 | -36 | -20 | -94 | -230 | -122 | -382 | -275 | -243 | -6 | -1 | -1 |
| Net Cash Flow | -34 | 2 | 52 | -53 | -66 | -36 | 49 | -65 | 27 | -26 | -5 | -7 |
| Free Cash Flow | 37 | 35 | -20 | 15 | 163 | 145 | 494 | 150 | 235 | -2 | -3 | -2 |
| CFO/OP | 109% | 435% | 92% | 158% | 157% | 823% | 328% | 458% | -191% | -358% | -50% | -28% |
Financials of FORBESGOK
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 | 60 | 59 | 56 | 54 | 60 | 54 | 47 | 62 | 61 | 20 | 15 | 37 |
| Inventory Days | 102 | 98 | 138 | 155 | 220 | 284 | 188 | 533 | 892 | 43 | 113 | |
| Days Payable | 162 | 140 | 115 | 142 | 151 | 162 | 99 | 214 | 217 | 71 | 167 | |
| Cash Conversion Cycle | 0 | 17 | 79 | 68 | 128 | 177 | 136 | 380 | 61 | 695 | -13 | -17 |
| Working Capital Days | -17 | -29 | -27 | -42 | -71 | -126 | -273 | -135 | -175 | -299 | -49 | 124 |
| ROCE % | 11% | 3% | 5% | 5% | 7% | -2% | 14% | 12% | -9% | 5% | 16% | 9% |
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…