Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Indian Toners
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 + | 43.01 | 37.07 | 39.80 | 37.08 | 42.79 | 35.32 | 37.68 | 39.29 | 40.70 | 39.10 | 38.85 | 42.11 | 45.74 |
| Expenses + | 32.15 | 29.17 | 31.22 | 29.11 | 33.77 | 27.52 | 29.86 | 30.61 | 31.98 | 30.45 | 31.57 | 33.41 | 35.55 |
| Operating Profit | 10.86 | 7.90 | 8.58 | 7.97 | 9.02 | 7.80 | 7.82 | 8.68 | 8.72 | 8.65 | 7.28 | 8.70 | 10.19 |
| OPM % | 25.25% | 21.31% | 21.56% | 21.49% | 21.08% | 22.08% | 20.75% | 22.09% | 21.43% | 22.12% | 18.74% | 20.66% | 22.28% |
| Other Income + | 1.50 | 1.79 | 1.12 | 1.38 | 1.94 | 1.37 | 1.88 | 1.31 | 1.55 | 1.58 | 1.24 | 1.15 | 1.35 |
| Interest | 0.24 | 0.07 | 0.05 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 |
| Depreciation | 1.34 | 1.26 | 1.32 | 1.43 | 1.41 | 1.58 | 1.33 | 1.33 | 1.18 | 1.31 | 1.34 | 1.31 | 1.30 |
| Profit before tax | 10.78 | 8.36 | 8.33 | 7.86 | 9.49 | 7.54 | 8.32 | 8.61 | 9.04 | 8.87 | 7.14 | 8.50 | 10.20 |
| Tax % | 34.51% | 18.06% | 39.86% | 28.37% | 9.27% | 49.47% | 33.89% | 25.20% | 26.00% | 11.50% | 24.65% | 24.94% | 25.20% |
| Net Profit + | 7.05 | 6.86 | 5.01 | 5.64 | 8.62 | 3.81 | 5.51 | 6.43 | 6.69 | 7.84 | 5.38 | 6.39 | 7.62 |
| EPS in Rs | 6.50 | 6.32 | 4.62 | 5.20 | 7.94 | 3.51 | 5.30 | 6.19 | 6.44 | 7.54 | 5.18 | 6.15 | 7.33 |
Financials of Indian Toners
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 + | 34 | 35 | 115 | 112 | 115 | 91 | 88 | 122 | 159 | 163 | 158 | 166 |
| Expenses + | 29 | 29 | 87 | 84 | 92 | 78 | 73 | 99 | 124 | 129 | 125 | 131 |
| Operating Profit | 5 | 6 | 28 | 28 | 24 | 13 | 16 | 24 | 35 | 34 | 33 | 35 |
| OPM % | 16% | 17% | 24% | 25% | 21% | 14% | 18% | 19% | 22% | 21% | 21% | 21% |
| Other Income + | 3 | 3 | 7 | 7 | 6 | 7 | 8 | 4 | 4 | 6 | 6 | 5 |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 |
| Profit before tax | 6 | 7 | 30 | 30 | 25 | 15 | 19 | 23 | 34 | 34 | 34 | 35 |
| Tax % | 25% | 19% | 22% | 19% | 19% | 17% | 28% | 19% | 23% | 23% | 33% | 22% |
| Net Profit + | 5 | 6 | 24 | 24 | 20 | 12 | 14 | 19 | 26 | 26 | 22 | 27 |
| EPS in Rs | 5.79 | 7.31 | 29.31 | 18.40 | 15.51 | 9.26 | 12.49 | 17.46 | 24.25 | 24.09 | 21.59 | 26.20 |
| Dividend Payout % | 0% | 0% | 0% | 16% | 19% | 32% | 24% | 17% | 14% | 19% | 21% | 0% |
Financials of Indian Toners
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 | 8 | 8 | 8 | 13 | 13 | 13 | 11 | 11 | 11 | 11 | 10 | 10 |
| Reserves | 45 | 51 | 131 | 151 | 167 | 171 | 150 | 155 | 177 | 199 | 191 | 222 |
| Borrowings + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities + | 8 | 9 | 30 | 24 | 22 | 20 | 22 | 26 | 22 | 22 | 27 | 29 |
| Total Liabilities | 62 | 68 | 169 | 188 | 202 | 204 | 183 | 192 | 211 | 232 | 230 | 261 |
| Fixed Assets + | 11 | 11 | 45 | 52 | 52 | 54 | 50 | 49 | 69 | 77 | 80 | 89 |
| CWIP | 0 | 0 | 8 | 1 | 1 | 0 | 0 | 1 | 2 | 0 | 0 | 0 |
| Investments | 32 | 39 | 71 | 87 | 91 | 101 | 76 | 65 | 64 | 70 | 52 | 102 |
| Other Assets + | 19 | 18 | 45 | 48 | 58 | 49 | 56 | 77 | 76 | 85 | 97 | 70 |
| Total Assets | 62 | 68 | 169 | 188 | 202 | 204 | 183 | 192 | 211 | 232 | 230 | 261 |
Financials of Indian Toners
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 + | 3 | 6 | 18 | 19 | 14 | 13 | 19 | 14 | 21 | 24 | 26 | 36 |
| Cash from Investing Activity + | -3 | -6 | -16 | -16 | -2 | -9 | 28 | 4 | -23 | -12 | 16 | -52 |
| Cash from Financing Activity + | -0 | -0 | -2 | -4 | -5 | -8 | -38 | -15 | -5 | -6 | -31 | -7 |
| Net Cash Flow | 0 | -0 | 0 | -1 | 6 | -3 | 9 | 3 | -6 | 7 | 11 | -23 |
| Free Cash Flow | 3 | 5 | 8 | 15 | 8 | 9 | 19 | 5 | -3 | 12 | 18 | 33 |
| CFO/OP | 85% | 115% | 81% | 95% | 79% | 129% | 146% | 79% | 75% | 93% | 97% | 127% |
Financials of Indian Toners
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 | 63 | 32 | 46 | 57 | 58 | 56 | 65 | 51 | 50 | 58 | 54 | 60 |
| Inventory Days | 126 | 165 | 82 | 105 | 130 | 149 | 108 | 126 | 95 | 84 | 124 | 94 |
| Days Payable | 82 | 94 | 86 | 127 | 116 | 108 | 105 | 89 | 33 | 28 | 51 | 38 |
| Cash Conversion Cycle | 106 | 102 | 43 | 35 | 72 | 98 | 69 | 87 | 112 | 115 | 127 | 117 |
| Working Capital Days | 76 | 65 | 41 | 56 | 64 | 68 | 58 | 77 | 85 | 98 | 94 | 295 |
| ROCE % | 9% | 13% | 28% | 20% | 15% | 8% | 11% | 14% | 20% | 17% | 16% | 16% |
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