Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of GTV Engineering
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 + | 27.76 | 18.86 | 44.63 | 25.06 | 32.07 | 32.68 | 23.56 | 24.14 | 22.39 | 16.50 | 24.50 | 28.55 | 31.96 |
| Expenses + | 24.56 | 18.53 | 43.43 | 22.27 | 30.96 | 30.54 | 21.62 | 18.42 | 16.02 | 13.59 | 20.88 | 20.67 | 28.01 |
| Operating Profit | 3.20 | 0.33 | 1.20 | 2.79 | 1.11 | 2.14 | 1.94 | 5.72 | 6.37 | 2.91 | 3.62 | 7.88 | 3.95 |
| OPM % | 11.53% | 1.75% | 2.69% | 11.13% | 3.46% | 6.55% | 8.23% | 23.70% | 28.45% | 17.64% | 14.78% | 27.60% | 12.36% |
| Other Income + | 0.85 | 0.40 | 0.01 | 0.03 | 2.01 | 0.00 | 0.01 | 0.28 | -0.12 | 0.11 | 1.25 | 0.05 | 0.40 |
| Interest | 0.09 | 0.06 | 0.03 | 0.05 | 0.05 | 0.09 | 0.14 | 0.03 | 0.01 | 0.04 | 0.00 | 0.02 | 0.02 |
| Depreciation | 0.08 | 0.22 | 0.24 | 0.17 | 0.26 | 0.22 | 0.21 | 0.22 | 0.20 | 0.21 | 0.21 | 0.23 | 0.24 |
| Profit before tax | 3.88 | 0.45 | 0.94 | 2.60 | 2.81 | 1.83 | 1.60 | 5.75 | 6.04 | 2.77 | 4.66 | 7.68 | 4.09 |
| Tax % | 14.69% | 0.00% | 0.00% | 35.00% | 17.44% | 24.59% | 28.12% | 26.43% | 28.64% | 24.91% | 24.68% | 28.26% | 23.96% |
| Net Profit + | 3.31 | 0.44 | 0.94 | 1.70 | 2.33 | 1.37 | 1.15 | 4.23 | 4.30 | 2.08 | 3.51 | 5.51 | 3.11 |
| EPS in Rs | 0.70 | 0.09 | 0.20 | 0.36 | 0.50 | 0.29 | 0.24 | 0.90 | 0.91 | 0.44 | 0.75 | 1.18 | 0.66 |
Financials of GTV Engineering
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 + | 33 | 28 | 44 | 50 | 69 | 64 | 57 | 77 | 96 | 120 | 102 | 102 |
| Expenses + | 32 | 26 | 43 | 49 | 68 | 63 | 56 | 76 | 93 | 115 | 86 | 83 |
| Operating Profit | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 5 | 17 | 18 |
| OPM % | 4% | 6% | 3% | 3% | 2% | 2% | 2% | 2% | 3% | 5% | 16% | 18% |
| Other Income + | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | -0 | 2 |
| Interest | 1 | 1 | 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 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 7 | 15 | 19 |
| Tax % | 29% | 33% | 32% | 27% | 23% | 22% | 34% | 28% | 12% | 20% | 27% | 26% |
| Net Profit + | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 4 | 5 | 11 | 14 |
| EPS in Rs | 0.07 | 0.08 | 0.12 | 0.18 | 0.17 | 0.12 | 0.20 | 0.87 | 1.15 | 2.35 | 3.03 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 8% | 0% |
Financials of GTV Engineering
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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 9 |
| Reserves | 19 | 20 | 20 | 21 | 21 | 22 | 23 | 24 | 28 | 33 | 44 | 52 |
| Borrowings + | 5 | 5 | 9 | 9 | 7 | 5 | 7 | 6 | 8 | 18 | 12 | 7 |
| Other Liabilities + | 12 | 9 | 13 | 12 | 22 | 28 | 18 | 14 | 18 | 22 | 13 | 25 |
| Total Liabilities | 39 | 36 | 45 | 45 | 54 | 58 | 50 | 47 | 57 | 76 | 71 | 93 |
| Fixed Assets + | 10 | 9 | 11 | 11 | 14 | 14 | 13 | 12 | 13 | 13 | 12 | 17 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 8 | 11 | 10 |
| Other Assets + | 21 | 19 | 25 | 25 | 31 | 35 | 29 | 26 | 35 | 54 | 48 | 67 |
| Total Assets | 39 | 36 | 45 | 45 | 54 | 58 | 50 | 47 | 57 | 76 | 71 | 93 |
Financials of GTV Engineering
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 + | -0 | 1 | -1 | -0 | 4 | 2 | 5 | -7 | -0 | 5 | 2 | 3 |
| Cash from Investing Activity + | -0 | -1 | 3 | 0 | -2 | -3 | -2 | 1 | -0 | 1 | -2 | -2 |
| Cash from Financing Activity + | 1 | 0 | -1 | -0 | -3 | 1 | 4 | -1 | 1 | 9 | -7 | -5 |
| Net Cash Flow | 0 | 1 | 1 | -0 | -1 | -0 | 7 | -7 | 0 | 15 | -7 | -5 |
| Free Cash Flow | -0 | 1 | -3 | -1 | 1 | 1 | 5 | -7 | -1 | 3 | 2 | -2 |
| CFO/OP | -4% | 79% | -64% | 8% | 273% | 174% | 382% | -459% | 7% | 117% | 39% | 42% |
Financials of GTV Engineering
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 | 51 | 73 | 18 | 54 | 35 | 57 | 60 | 8 | 68 | 44 | 50 | 101 |
| Inventory Days | 60 | 140 | 62 | 68 | 65 | 70 | 54 | 64 | 33 | 20 | 37 | 65 |
| Days Payable | 47 | 28 | 76 | 40 | 88 | 53 | 46 | 18 | 7 | 4 | 25 | 24 |
| Cash Conversion Cycle | 65 | 186 | 4 | 82 | 12 | 74 | 68 | 55 | 94 | 59 | 61 | 142 |
| Working Capital Days | 88 | 36 | 44 | 47 | 31 | 20 | -27 | 21 | 33 | -6 | 52 | 107 |
| ROCE % | 4% | 4% | 4% | 4% | 5% | 6% | 3% | 3% | 7% | 13% | 28% | 30% |
Profit After Tax showed strong YoY growth (141.94% in Q1FY27), indicating robust profitability momentum. Key concall takeaways from Aaron Industries Ltd's Q1…
New order book at best-ever levels (INR 985 crores), indicating robust future demand. Key concall takeaways from The Anup Engineering Ltd's Q1 FY27 earnings…
Long-term ambition to become a ₹1 billion revenue company within 4-5 years supported by expansion into propulsion systems, trainsets, and international…
Plan to reach a run rate of 40 propulsion systems per month, translating roughly to ₹700+ crores annual revenue in subsequent years. Key concall takeaways from…