Financials of Hikal Ltd

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

Financials of Hikal Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +545388435448514407453448552380318494519
Expenses +457338377383420349378376429355311412414
Operating Profit885058659458757212325783105
OPM %16%13%13%14%18%14%17%16%22%7%2%17%20%
Other Income +01100004012-35-40
Interest13141314152019191817151615
Depreciation27282929323232333839414142
Profit before tax49101722477252468-30-47-98
Tax %26%29%25%25%28%26%26%28%26%-26%-26%-36%-73%
Net Profit +3671316345181750-22-35-614
EPS in Rs2.920.561.021.312.750.411.481.394.07-1.82-2.83-0.481.17

Financials of Hikal Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +8729261,0141,2961,5901,5071,7201,9432,0231,7851,8601,713
Expenses +6897458131,0541,2911,2341,3981,6021,7651,5181,5311,492
Operating Profit182181201242298273323341258267328220
OPM %21%20%20%19%19%18%19%18%13%15%18%13%
Other Income +22-342-1255525-73
Interest606248495852363148567562
Depreciation6467698693828596109118134164
Profit before tax60538011214912720621910596124-78
Tax %32%23%16%31%31%33%36%27%26%27%27%-38%
Net Profit +4041687710384133160787091-49
EPS in Rs3.283.345.496.268.366.8510.8013.026.365.647.36-3.96
Dividend Payout %20%20%15%13%14%18%19%12%19%21%11%-15%

Financials of Hikal Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital161616162525252525252525
Reserves5165475896537327929091,0431,1091,1631,2381,174
Borrowings +547505598635661646610675748818765684
Other Liabilities +212206177237268306370470504482502483
Total Liabilities1,2921,2751,3791,5421,6861,7681,9132,2132,3852,4872,5292,365
Fixed Assets +6396236686347137357138799481,0711,3641,333
CWIP6266631187916125429541241412194
Investments334311111551010
Other Assets +5885836457888938719461,0281,0209971,034928
Total Assets1,2921,2751,3791,5421,6861,7681,9132,2132,3852,4872,5292,365

Financials of Hikal Ltd

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 +102186163139186285229294315187280
Cash from Investing Activity +-43-64-102-110-125-164-156-284-292-174-136
Cash from Financing Activity +-69-124-63-25-55-101-97-6-8-27-144
Net Cash Flow-10-2-24620-24415-140
Free Cash Flow54127583357127712113-17144
CFO/OP63%110%91%68%73%113%85%107%134%81%94%

Financials of Hikal Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days544492818082103828011310394
Inventory Days268229189158156147107121104134146172
Days Payable117101938668959291103123133128
Cash Conversion Cycle20517318815316813511811281124116138
Working Capital Days-132943294528392639393741
ROCE %11%11%12%13%15%14%16%15%8%8%10%4%