PDS Ltd Share Price ₹306 | P/E 35.5

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

Financials of PDS Ltd

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 +	2,742	2,115	2,463	2,580	3,215	2,621	3,306	3,125	3,526	2,999	3,419	3,172	3,519
Expenses +	2,609	2,048	2,326	2,505	3,102	2,549	3,163	3,027	3,386	2,949	3,316	3,064	3,399
Operating Profit	133	67	136	75	114	72	144	98	139	51	103	108	120
OPM %	5%	3%	6%	3%	4%	3%	4%	3%	4%	2%	3%	3%	3%
Other Income +	3	6	9	16	10	20	12	9	10	40	28	5	28
Interest	27	23	24	31	28	33	34	30	29	34	43	36	34
Depreciation	23	22	23	23	26	23	25	27	36	30	33	32	36
Profit before tax	86	28	98	36	70	36	96	51	84	27	56	44	78
Tax %	11%	18%	10%	29%	6%	13%	8%	10%	11%	26%	13%	16%	8%
Net Profit +	77	23	88	26	65	31	89	45	75	20	48	37	72
EPS in Rs	4.32	1.44	4.95	1.11	3.47	1.51	4.80	1.96	2.85	0.92	2.12	1.39	3.47

Financials of PDS Ltd

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 +	3,872	4,277	4,616	4,924	6,486	6,648	6,213	8,828	10,577	10,373	12,578	13,110
Expenses +	3,818	4,235	4,559	4,886	6,350	6,444	5,972	8,495	10,102	9,959	12,097	12,727
Operating Profit	54	42	57	38	136	204	241	334	475	414	481	383
OPM %	1%	1%	1%	1%	2%	3%	4%	4%	4%	4%	4%	3%
Other Income +	13	31	14	24	16	13	37	86	51	40	50	100
Interest	19	14	13	22	56	74	41	39	89	128	151	146
Depreciation	15	15	13	16	26	52	68	70	80	93	111	131
Profit before tax	34	44	45	24	69	91	170	310	357	232	268	205
Tax %	16%	2%	11%	13%	0%	10%	13%	6%	8%	13%	10%	14%
Net Profit +	29	43	38	20	69	81	148	293	327	203	241	178
EPS in Rs	1.67	2.14	1.10	-0.60	3.37	3.53	6.48	19.08	20.24	10.93	11.10	7.90
Dividend Payout %	-0%	-0%	-0%	-0%	-0%	-0%	49%	25%	13%	29%	15%	21%

Financials of PDS Ltd

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	26	26	26	26	26	26	26	26	26	26	28	28
Reserves	421	455	437	439	442	533	621	846	1,028	1,140	1,622	1,735
Borrowings +	475	485	465	552	700	747	562	740	719	1,054	1,232	1,264
Other Liabilities +	469	478	509	643	1,003	1,038	1,136	1,782	1,336	1,841	1,856	2,238
Total Liabilities	1,391	1,445	1,437	1,660	2,172	2,344	2,345	3,395	3,109	4,062	4,738	5,266
Fixed Assets +	192	195	210	273	354	479	464	463	484	504	701	858
CWIP	11	23	20	30	15	21	5	3	8	115	1	0
Investments	20	44	68	98	79	89	154	319	418	457	503	524
Other Assets +	1,168	1,183	1,140	1,258	1,723	1,755	1,722	2,609	2,199	2,986	3,533	3,884
Total Assets	1,391	1,445	1,437	1,660	2,172	2,344	2,345	3,395	3,109	4,062	4,738	5,266

Financials of PDS Ltd

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 +	-10	121	121	58	213	281	379	407	510	190	-37	781
Cash from Investing Activity +	7	-70	-46	-147	-200	-55	-88	-221	-130	-309	-266	-32
Cash from Financing Activity +	1	-70	-9	66	115	-128	-347	-26	-337	-38	403	-500
Net Cash Flow	-2	-19	66	-23	129	97	-55	160	43	-158	100	249
Free Cash Flow	-28	98	82	-29	77	225	353	363	451	23	-180	718
CFO/OP	-18%	298%	213%	155%	168%	142%	163%	129%	113%	53%	-0%	215%

Financials of PDS Ltd

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	67	66	58	58	58	46	53	59	34	59	54	46
Inventory Days	10	5	3	6	9	12	14	15	11	15	18	20
Days Payable	38	36	34	41	49	48	63	77	47	66	55	61
Cash Conversion Cycle	39	36	26	22	18	10	5	-3	-2	7	17	4
Working Capital Days	14	8	2	-2	-18	-22	-18	-18	-16	-14	-2	-11
ROCE %	6%	6%	6%	4%	11%	14%	16%	24%	25%	17%	16%	12%