Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of RSWM 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 + | 956 | 902 | 1,007 | 977 | 1,171 | 1,208 | 1,166 | 1,196 | 1,256 | 1,170 | 1,151 | 1,091 | 1,142 |
| Expenses + | 908 | 885 | 986 | 962 | 1,130 | 1,160 | 1,128 | 1,145 | 1,185 | 1,098 | 1,079 | 1,023 | 1,072 |
| Operating Profit | 48 | 16 | 22 | 15 | 41 | 48 | 38 | 51 | 71 | 73 | 72 | 68 | 70 |
| OPM % | 5% | 2% | 2% | 2% | 4% | 4% | 3% | 4% | 6% | 6% | 6% | 6% | 6% |
| Other Income + | 43 | 16 | 15 | 7 | 89 | 7 | 10 | 8 | 9 | 12 | 10 | 4 | 17 |
| Interest | 16 | 21 | 19 | 25 | 32 | 35 | 36 | 34 | 36 | 35 | 32 | 30 | 31 |
| Depreciation | 32 | 35 | 34 | 42 | 42 | 42 | 41 | 39 | 38 | 39 | 39 | 37 | 38 |
| Profit before tax | 42 | -24 | -17 | -45 | 57 | -22 | -28 | -14 | 6 | 11 | 11 | 4 | 17 |
| Tax % | -6% | -43% | -46% | -24% | 37% | -33% | -38% | -35% | 77% | 24% | 34% | 46% | -97% |
| Net Profit + | 45 | -13 | -9 | -34 | 36 | -15 | -18 | -9 | 1 | 8 | 7 | 2 | 34 |
| EPS in Rs | 9.49 | -2.85 | -1.95 | -7.23 | 7.57 | -3.13 | -3.73 | -1.96 | 0.32 | 1.78 | 1.58 | 0.51 | 7.18 |
Financials of RSWM 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 + | 2,983 | 2,933 | 2,987 | 2,940 | 2,962 | 2,771 | 2,326 | 3,817 | 3,789 | 4,058 | 4,826 | 4,554 |
| Expenses + | 2,637 | 2,535 | 2,660 | 2,713 | 2,798 | 2,587 | 2,151 | 3,385 | 3,541 | 3,963 | 4,617 | 4,271 |
| Operating Profit | 346 | 398 | 326 | 227 | 164 | 184 | 175 | 432 | 248 | 95 | 209 | 283 |
| OPM % | 12% | 14% | 11% | 8% | 6% | 7% | 8% | 11% | 7% | 2% | 4% | 6% |
| Other Income + | 32 | 30 | 35 | 43 | 32 | 43 | 39 | 38 | 105 | 127 | 34 | 42 |
| Interest | 125 | 126 | 110 | 117 | 120 | 109 | 83 | 68 | 74 | 97 | 140 | 127 |
| Depreciation | 135 | 149 | 132 | 124 | 124 | 132 | 128 | 113 | 127 | 153 | 161 | 154 |
| Profit before tax | 117 | 153 | 118 | 28 | -47 | -13 | 3 | 290 | 152 | -28 | -58 | 44 |
| Tax % | 27% | 27% | 12% | 25% | -19% | 7% | -499% | 15% | 19% | -26% | -31% | -19% |
| Net Profit + | 86 | 112 | 104 | 21 | -38 | -13 | 21 | 246 | 123 | -21 | -40 | 52 |
| EPS in Rs | 18.65 | 24.24 | 22.10 | 4.45 | -8.13 | -2.85 | 4.42 | 52.28 | 26.08 | -4.47 | -8.50 | 11.04 |
| Dividend Payout % | 27% | 26% | 28% | 22% | 0% | 0% | 0% | 24% | 19% | -112% | 0% | 0% |
Financials of RSWM 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 | 23 | 23 | 24 | 24 | 24 | 24 | 24 | 24 | 47 | 47 | 47 | 47 |
| Reserves | 410 | 601 | 685 | 959 | 827 | 714 | 768 | 1,012 | 1,270 | 1,250 | 1,250 | 1,314 |
| Borrowings + | 1,302 | 1,398 | 1,464 | 1,520 | 1,441 | 1,164 | 926 | 1,103 | 1,157 | 1,890 | 1,716 | 1,688 |
| Other Liabilities + | 305 | 262 | 293 | 293 | 321 | 312 | 351 | 435 | 416 | 506 | 597 | 569 |
| Total Liabilities | 2,040 | 2,285 | 2,466 | 2,795 | 2,612 | 2,214 | 2,069 | 2,574 | 2,890 | 3,694 | 3,611 | 3,617 |
| Fixed Assets + | 1,035 | 1,100 | 1,175 | 1,099 | 1,150 | 1,027 | 921 | 943 | 1,115 | 1,574 | 1,546 | 1,526 |
| CWIP | 126 | 37 | 15 | 39 | 5 | 7 | 7 | 143 | 183 | 32 | 31 | 68 |
| Investments | 91 | 180 | 185 | 465 | 325 | 91 | 122 | 126 | 124 | 246 | 283 | 351 |
| Other Assets + | 788 | 968 | 1,090 | 1,191 | 1,133 | 1,088 | 1,018 | 1,361 | 1,468 | 1,842 | 1,750 | 1,672 |
| Total Assets | 2,040 | 2,285 | 2,466 | 2,795 | 2,612 | 2,214 | 2,069 | 2,574 | 2,890 | 3,694 | 3,611 | 3,617 |
Financials of RSWM 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 + | 438 | 339 | 222 | 166 | 263 | 231 | 320 | 210 | 89 | -76 | 426 | 435 |
| Cash from Investing Activity + | -276 | -124 | -154 | -61 | -58 | 150 | 7 | -318 | -239 | -362 | -113 | -217 |
| Cash from Financing Activity + | -161 | -215 | -68 | -97 | -205 | -390 | -326 | 111 | 147 | 439 | -307 | -222 |
| Net Cash Flow | 0 | 0 | 0 | 8 | -0 | -9 | 1 | 3 | -3 | 1 | 6 | -5 |
| Free Cash Flow | 176 | 208 | 56 | 77 | 157 | 205 | 314 | -119 | -156 | -297 | 304 | 289 |
| CFO/OP | 134% | 92% | 76% | 75% | 164% | 135% | 169% | 55% | 47% | -77% | 208% | 154% |
Financials of RSWM 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 | 24 | 46 | 46 | 54 | 56 | 45 | 59 | 51 | 44 | 58 | 53 | 51 |
| Inventory Days | 81 | 96 | 117 | 113 | 89 | 120 | 126 | 87 | 107 | 113 | 86 | 81 |
| Days Payable | 18 | 11 | 17 | 16 | 21 | 26 | 39 | 28 | 21 | 28 | 41 | 42 |
| Cash Conversion Cycle | 87 | 131 | 146 | 151 | 124 | 139 | 147 | 110 | 129 | 143 | 98 | 89 |
| Working Capital Days | -10 | -6 | -11 | -1 | 1 | 17 | 16 | 27 | 40 | 23 | 6 | 7 |
| ROCE % | 14% | 15% | 11% | 6% | 3% | 4% | 4% | 18% | 8% | -0% | 3% | 6% |