Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Maral Overseas
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 + | 271 | 228 | 245 | 228 | 260 | 251 | 271 | 250 | 275 | 226 | 250 | 247 | 258 |
| Expenses + | 259 | 230 | 233 | 214 | 247 | 247 | 264 | 249 | 264 | 224 | 241 | 228 | 240 |
| Operating Profit | 12 | -2 | 12 | 14 | 13 | 4 | 7 | 1 | 10 | 2 | 9 | 19 | 18 |
| OPM % | 4% | -1% | 5% | 6% | 5% | 1% | 3% | 1% | 4% | 1% | 4% | 8% | 7% |
| Other Income + | 2 | 3 | 4 | 5 | 11 | 8 | 3 | 5 | 7 | 5 | 5 | 4 | 10 |
| Interest | 6 | 8 | 9 | 9 | 8 | 9 | 10 | 9 | 9 | 10 | 9 | 9 | 9 |
| Depreciation | 8 | 8 | 9 | 9 | 9 | 9 | 8 | 8 | 9 | 9 | 8 | 8 | 8 |
| Profit before tax | -0 | -15 | -2 | 1 | 8 | -6 | -7 | -11 | -0 | -13 | -3 | 6 | 11 |
| Tax % | 314% | -4% | 24% | -63% | 24% | -0% | -5% | -7% | -47% | -1% | -11% | 7% | -19% |
| Net Profit + | -1 | -14 | -2 | 1 | 6 | -6 | -7 | -11 | -0 | -13 | -3 | 5 | 13 |
| EPS in Rs | -0.21 | -3.47 | -0.55 | 0.26 | 1.42 | -1.55 | -1.67 | -2.54 | -0.06 | -3.03 | -0.67 | 1.28 | 3.21 |
Financials of Maral Overseas
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 + | 648 | 619 | 666 | 641 | 757 | 676 | 632 | 1,082 | 1,026 | 960 | 1,047 | 981 |
| Expenses + | 590 | 572 | 621 | 615 | 721 | 668 | 578 | 965 | 1,006 | 923 | 1,024 | 932 |
| Operating Profit | 59 | 47 | 46 | 25 | 36 | 8 | 54 | 117 | 20 | 37 | 23 | 48 |
| OPM % | 9% | 8% | 7% | 4% | 5% | 1% | 8% | 11% | 2% | 4% | 2% | 5% |
| Other Income + | 14 | 12 | 15 | 12 | 15 | 17 | 8 | 22 | 15 | 23 | 22 | 23 |
| Interest | 19 | 19 | 18 | 19 | 17 | 16 | 17 | 21 | 23 | 34 | 37 | 38 |
| Depreciation | 35 | 25 | 23 | 18 | 20 | 24 | 24 | 26 | 30 | 34 | 34 | 33 |
| Profit before tax | 18 | 14 | 21 | 1 | 13 | -15 | 21 | 92 | -18 | -8 | -26 | 1 |
| Tax % | 5% | 25% | 33% | -65% | 39% | 0% | 40% | 28% | -13% | 15% | -6% | -224% |
| Net Profit + | 17 | 10 | 14 | 1 | 8 | -15 | 13 | 67 | -16 | -10 | -24 | 3 |
| EPS in Rs | 4.02 | 2.46 | 3.33 | 0.24 | 1.96 | -3.68 | 3.02 | 16.14 | -3.84 | -2.35 | -5.83 | 0.79 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 12% | 0% | 0% | 0% | 0% |
Financials of Maral Overseas
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 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 |
| Reserves | 27 | 38 | 53 | 51 | 59 | 42 | 56 | 124 | 99 | 90 | 67 | 69 |
| Borrowings + | 232 | 239 | 231 | 211 | 248 | 223 | 197 | 243 | 372 | 476 | 449 | 374 |
| Other Liabilities + | 59 | 53 | 96 | 100 | 107 | 126 | 147 | 180 | 120 | 150 | 174 | 206 |
| Total Liabilities | 359 | 371 | 421 | 404 | 455 | 433 | 442 | 590 | 633 | 758 | 732 | 690 |
| Fixed Assets + | 171 | 153 | 158 | 157 | 188 | 182 | 161 | 175 | 203 | 346 | 337 | 307 |
| CWIP | 3 | 11 | 3 | 13 | 3 | 0 | 2 | 3 | 41 | 9 | 1 | 0 |
| Investments | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other Assets + | 184 | 207 | 260 | 232 | 264 | 250 | 279 | 411 | 388 | 402 | 393 | 382 |
| Total Assets | 359 | 371 | 421 | 404 | 455 | 433 | 442 | 590 | 633 | 758 | 732 | 690 |
Financials of Maral Overseas
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 + | 85 | 25 | 44 | 68 | 31 | 56 | 38 | 34 | 16 | 61 | 76 | 90 |
| Cash from Investing Activity + | -45 | -14 | -22 | -26 | -39 | -11 | -2 | -31 | -90 | -122 | -28 | -7 |
| Cash from Financing Activity + | -36 | -15 | -24 | -41 | 11 | -42 | -43 | -2 | 76 | 59 | -48 | -82 |
| Net Cash Flow | 4 | -3 | -2 | 1 | 3 | 4 | -8 | 1 | 2 | -2 | -0 | 1 |
| Free Cash Flow | 39 | 11 | 21 | 41 | -9 | 42 | 34 | 4 | -77 | -64 | 44 | 76 |
| CFO/OP | 152% | 62% | 107% | 268% | 93% | 739% | 73% | 53% | 93% | 166% | 326% | 185% |
Financials of Maral Overseas
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 | 24 | 28 | 45 | 47 | 46 | 41 | 56 | 37 | 35 | 46 | 48 | 47 |
| Inventory Days | 91 | 124 | 138 | 101 | 83 | 83 | 99 | 164 | 127 | 124 | 96 | 83 |
| Days Payable | 20 | 16 | 38 | 40 | 44 | 48 | 60 | 91 | 37 | 27 | 45 | 45 |
| Cash Conversion Cycle | 95 | 135 | 144 | 108 | 85 | 75 | 95 | 110 | 125 | 142 | 99 | 85 |
| Working Capital Days | 13 | 13 | 1 | -31 | -25 | -35 | -3 | 25 | 6 | -5 | -16 | -11 |
| ROCE % | 13% | 11% | 12% | 6% | 9% | 0% | 12% | 31% | 1% | 5% | 2% | 8% |
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