Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Rain Industries 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 + | 5,253 | 4,627 | 4,160 | 4,101 | 3,670 | 4,094 | 3,934 | 3,676 | 3,768 | 4,401 | 4,476 | 4,301 | 4,521 |
| Expenses + | 4,720 | 3,982 | 3,794 | 4,712 | 3,328 | 3,725 | 3,718 | 3,330 | 3,388 | 3,772 | 3,849 | 3,800 | 3,824 |
| Operating Profit | 534 | 645 | 366 | -612 | 342 | 369 | 216 | 346 | 380 | 629 | 627 | 501 | 697 |
| OPM % | 10% | 14% | 9% | -15% | 9% | 9% | 6% | 9% | 10% | 14% | 14% | 12% | 15% |
| Other Income + | 25 | 33 | 49 | 73 | 54 | 59 | 99 | 37 | 25 | 28 | 37 | 51 | 46 |
| Interest | 163 | 169 | 242 | 245 | 235 | 245 | 234 | 227 | 224 | 228 | 237 | 232 | 238 |
| Depreciation | 193 | 196 | 193 | 195 | 195 | 186 | 189 | 237 | 207 | 225 | 236 | 254 | 249 |
| Profit before tax | 203 | 313 | -20 | -979 | -34 | -2 | -108 | -82 | -26 | 204 | 191 | 66 | 256 |
| Tax % | 30% | 34% | 237% | 10% | 244% | 1,912% | 44% | 63% | 344% | 59% | 32% | 43% | 38% |
| Net Profit + | 142 | 207 | -66 | -1,079 | -116 | -45 | -155 | -134 | -115 | 83 | 130 | 38 | 158 |
| EPS in Rs | 3.13 | 4.92 | -2.68 | -33.26 | -4.34 | -2.32 | -5.33 | -4.80 | -4.09 | 1.80 | 3.15 | 0.40 | 3.61 |
Financials of Rain Industries Ltd
Annual income statement trend
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 11,921 | 10,205 | 9,258 | 11,303 | 14,049 | 12,361 | 10,465 | 14,527 | 21,011 | 18,141 | 15,374 | 16,946 | 17,699 |
| Expenses + | 10,716 | 8,854 | 7,727 | 9,030 | 12,083 | 10,880 | 8,787 | 12,166 | 17,474 | 17,208 | 14,100 | 14,809 | 15,245 |
| Operating Profit | 1,205 | 1,351 | 1,531 | 2,273 | 1,966 | 1,481 | 1,677 | 2,360 | 3,537 | 933 | 1,274 | 2,137 | 2,453 |
| OPM % | 10% | 13% | 17% | 20% | 14% | 12% | 16% | 16% | 17% | 5% | 8% | 13% | 14% |
| Other Income + | -180 | 72 | 99 | -68 | 42 | 156 | 456 | 193 | 105 | 180 | 248 | 141 | 162 |
| Interest | 620 | 596 | 631 | 595 | 457 | 452 | 491 | 479 | 524 | 819 | 941 | 922 | 936 |
| Depreciation | 347 | 328 | 519 | 526 | 555 | 594 | 792 | 798 | 790 | 776 | 807 | 922 | 963 |
| Profit before tax | 58 | 498 | 480 | 1,084 | 996 | 591 | 851 | 1,276 | 2,327 | -482 | -226 | 435 | 716 |
| Tax % | -21% | 39% | 37% | 27% | 37% | 22% | 31% | 46% | 32% | 65% | 99% | 69% | |
| Net Profit + | 70 | 302 | 301 | 792 | 631 | 462 | 588 | 694 | 1,577 | -796 | -450 | 136 | 409 |
| EPS in Rs | 2.63 | 9.61 | 8.65 | 22.70 | 17.29 | 11.64 | 16.60 | 17.25 | 42.77 | -27.89 | -16.78 | 1.26 | 8.96 |
| Dividend Payout % | 38% | 10% | 12% | 9% | 6% | 9% | 6% | 6% | 2% | -4% | -6% | 79% |
Financials of Rain Industries Ltd
Capital structure and asset base
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 |
| Reserves | 2,879 | 2,870 | 3,098 | 3,877 | 4,555 | 4,893 | 5,466 | 6,042 | 8,360 | 7,275 | 6,570 | 7,382 |
| Borrowings + | 7,673 | 7,596 | 7,326 | 7,332 | 7,779 | 7,845 | 8,859 | 8,489 | 9,731 | 8,690 | 8,494 | 9,824 |
| Other Liabilities + | 2,734 | 2,511 | 2,354 | 3,100 | 3,297 | 3,193 | 3,471 | 3,864 | 3,787 | 3,954 | 3,803 | 3,486 |
| Total Liabilities | 13,352 | 13,044 | 12,845 | 14,376 | 15,699 | 15,998 | 17,863 | 18,463 | 21,945 | 19,987 | 18,935 | 20,759 |
| Fixed Assets + | 8,712 | 8,540 | 8,923 | 8,690 | 9,261 | 9,492 | 11,124 | 10,939 | 11,977 | 11,357 | 11,184 | 12,543 |
| CWIP | 269 | 411 | 226 | 441 | 795 | 1,362 | 931 | 791 | 467 | 432 | 473 | 336 |
| Investments | 26 | 19 | 32 | 35 | 13 | 39 | 15 | 13 | 14 | 17 | 26 | 29 |
| Other Assets + | 4,345 | 4,074 | 3,664 | 5,211 | 5,631 | 5,105 | 5,793 | 6,719 | 9,487 | 8,181 | 7,252 | 7,852 |
| Total Assets | 13,352 | 13,044 | 12,845 | 14,376 | 15,699 | 15,998 | 17,863 | 18,463 | 21,945 | 19,987 | 18,935 | 20,759 |
Financials of Rain Industries Ltd
Operating, investing and financing cash movement
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1,291 | 1,238 | 1,567 | 868 | 1,706 | 2,240 | 1,823 | 834 | 1,036 | 3,063 | 1,943 | 897 |
| Cash from Investing Activity + | -382 | -531 | -504 | -539 | -1,038 | -1,265 | -798 | -510 | -576 | -711 | -257 | -267 |
| Cash from Financing Activity + | -883 | -795 | -887 | -520 | -619 | -653 | -600 | -740 | -396 | -2,115 | -1,771 | -1,025 |
| Net Cash Flow | 26 | -88 | 176 | -192 | 49 | 322 | 425 | -417 | 65 | 237 | -84 | -395 |
| Free Cash Flow | 897 | 745 | 1,087 | 428 | 552 | 1,048 | 763 | 327 | 369 | 2,470 | 1,294 | 441 |
| CFO/OP | 121% | 103% | 122% | 56% | 109% | 171% | 123% | 52% | 45% | 365% | 172% | 54% |
Financials of Rain Industries Ltd
Working capital efficiency and return ratios
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 42 | 43 | 41 | 54 | 42 | 33 | 38 | 43 | 43 | 44 | 41 | 44 |
| Inventory Days | 81 | 112 | 105 | 134 | 112 | 95 | 118 | 124 | 146 | 104 | 126 | 137 |
| Days Payable | 53 | 71 | 63 | 77 | 63 | 43 | 62 | 69 | 50 | 44 | 63 | 47 |
| Cash Conversion Cycle | 70 | 84 | 83 | 111 | 90 | 84 | 95 | 98 | 139 | 104 | 104 | 134 |
| Working Capital Days | 32 | 35 | 29 | -49 | 46 | 29 | 21 | 54 | 64 | 53 | 27 | 45 |
| ROCE % | 8% | 10% | 11% | 17% | 12% | 8% | 10% | 12% | 17% | 2% | 4% | 8% |