Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Themis Medicare 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 + | 80.10 | 96.65 | 104.78 | 82.51 | 97.82 | 122.99 | 117.01 | 93.81 | 71.70 | 97.58 | 77.99 | 90.13 | 76.53 |
| Expenses + | 69.62 | 74.91 | 92.37 | 74.46 | 88.53 | 93.81 | 99.88 | 87.84 | 79.40 | 107.80 | 81.09 | 80.33 | 72.77 |
| Operating Profit | 10.48 | 21.74 | 12.41 | 8.05 | 9.29 | 29.18 | 17.13 | 5.97 | -7.70 | -10.22 | -3.10 | 9.80 | 3.76 |
| OPM % | 13.08% | 22.49% | 11.84% | 9.76% | 9.50% | 23.73% | 14.64% | 6.36% | -10.74% | -10.47% | -3.97% | 10.87% | 4.91% |
| Other Income + | 5.32 | 6.29 | 6.66 | 5.94 | 4.67 | 6.93 | 5.56 | 1.02 | 1.55 | 1.18 | 4.98 | 5.93 | 10.60 |
| Interest | 2.71 | 2.49 | 2.04 | 2.68 | 2.16 | 2.36 | 2.44 | 2.79 | 2.45 | 2.47 | 2.76 | 2.75 | 2.70 |
| Depreciation | 2.80 | 3.03 | 3.07 | 3.10 | 3.06 | 2.41 | 2.45 | 2.54 | 2.53 | 2.55 | 2.57 | 2.59 | 2.60 |
| Profit before tax | 10.29 | 22.51 | 13.96 | 8.21 | 8.74 | 31.34 | 17.80 | 1.66 | -11.13 | -14.06 | -3.45 | 10.39 | 9.06 |
| Tax % | 18.37% | 19.19% | 18.91% | 10.35% | 24.14% | 21.25% | 19.66% | 68.67% | -13.12% | 1.14% | 4.64% | 2.79% | 1.88% |
| Net Profit + | 8.41 | 18.19 | 11.32 | 7.37 | 6.64 | 24.68 | 14.29 | 0.52 | -9.66 | -14.22 | -3.62 | 10.09 | 8.89 |
| EPS in Rs | 0.91 | 1.98 | 1.23 | 0.80 | 0.72 | 2.68 | 1.55 | 0.06 | -1.05 | -1.54 | -0.39 | 1.10 | 0.97 |
Financials of Themis Medicare 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 + | 202 | 232 | 217 | 210 | 184 | 202 | 231 | 395 | 354 | 382 | 406 | 342 |
| Expenses + | 184 | 194 | 184 | 184 | 181 | 166 | 181 | 299 | 287 | 330 | 356 | 342 |
| Operating Profit | 18 | 38 | 33 | 25 | 2 | 36 | 49 | 96 | 67 | 52 | 49 | 0 |
| OPM % | 9% | 16% | 15% | 12% | 1% | 18% | 21% | 24% | 19% | 13% | 12% | 0% |
| Other Income + | 13 | 3 | 4 | 6 | 5 | 12 | 13 | 18 | 25 | 24 | 11 | 23 |
| Interest | 15 | 12 | 12 | 12 | 12 | 13 | 13 | 9 | 10 | 9 | 10 | 11 |
| Depreciation | 11 | 12 | 7 | 7 | 8 | 8 | 9 | 9 | 10 | 12 | 10 | 10 |
| Profit before tax | 5 | 17 | 18 | 11 | -13 | 27 | 41 | 95 | 73 | 53 | 40 | 2 |
| Tax % | -20% | 11% | 9% | 1% | -15% | 8% | 14% | 23% | 22% | 19% | 25% | 40% |
| Net Profit + | 6 | 16 | 16 | 11 | -11 | 25 | 36 | 73 | 57 | 44 | 30 | 1 |
| EPS in Rs | 0.73 | 1.91 | 1.77 | 1.23 | -1.17 | 2.70 | 3.88 | 7.92 | 6.18 | 4.73 | 3.24 | 0.12 |
| Dividend Payout % | 25% | 9% | 0% | 0% | 0% | 6% | 11% | 6% | 8% | 11% | 15% | 0% |
Financials of Themis Medicare 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 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 51 | 66 | 143 | 160 | 149 | 174 | 209 | 278 | 330 | 368 | 393 | 389 |
| Borrowings + | 140 | 128 | 82 | 80 | 82 | 100 | 87 | 80 | 92 | 96 | 83 | 100 |
| Other Liabilities + | 77 | 73 | 54 | 56 | 74 | 67 | 65 | 61 | 82 | 93 | 102 | 99 |
| Total Liabilities | 277 | 275 | 289 | 305 | 314 | 350 | 371 | 428 | 514 | 566 | 588 | 598 |
| Fixed Assets + | 122 | 117 | 124 | 126 | 123 | 116 | 133 | 144 | 162 | 168 | 172 | 167 |
| CWIP | 4 | 6 | 9 | 2 | 2 | 8 | 2 | 3 | 3 | 3 | 3 | 2 |
| Investments | 5 | 6 | 23 | 24 | 27 | 35 | 45 | 56 | 70 | 89 | 95 | 109 |
| Other Assets + | 146 | 146 | 133 | 153 | 162 | 191 | 191 | 225 | 279 | 307 | 318 | 320 |
| Total Assets | 277 | 275 | 289 | 305 | 314 | 350 | 371 | 428 | 514 | 566 | 588 | 598 |
Financials of Themis Medicare 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 + | 19 | 26 | -2 | 8 | 11 | 0 | 57 | 34 | 16 | 22 | 35 | |
| Cash from Investing Activity + | -6 | -7 | -4 | -0 | -4 | -5 | -16 | -16 | -24 | -16 | -12 | |
| Cash from Financing Activity + | -18 | -13 | 5 | -9 | -10 | 7 | -26 | -18 | 0 | -9 | -26 | |
| Net Cash Flow | -5 | 5 | -0 | -1 | -3 | 2 | 16 | 1 | -8 | -3 | -3 | |
| Free Cash Flow | 13 | 18 | -7 | 5 | 5 | -5 | 39 | 15 | -13 | 4 | 21 | |
| CFO/OP | 101% | 73% | -5% | 29% | 490% | 2% | 115% | 55% | 48% | 60% | 93% |
Financials of Themis Medicare 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 | 82 | 75 | 81 | 120 | 145 | 186 | 123 | 93 | 149 | 170 | 159 | 190 |
| Inventory Days | 246 | 243 | 250 | 253 | 287 | 315 | 272 | 150 | 213 | 188 | 233 | 229 |
| Days Payable | 237 | 145 | 163 | 156 | 187 | 171 | 143 | 79 | 123 | 126 | 142 | 143 |
| Cash Conversion Cycle | 91 | 172 | 168 | 216 | 244 | 330 | 251 | 164 | 239 | 232 | 250 | 275 |
| Working Capital Days | -20 | -17 | -16 | 19 | -1 | 37 | 51 | 72 | 110 | 116 | 121 | 138 |
| ROCE % | 9% | 15% | 13% | 10% | -1% | 15% | 18% | 30% | 20% | 14% | 10% | 3% |