Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of TVS Electronics 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 + | 85.24 | 89.84 | 92.19 | 86.94 | 97.08 | 111.32 | 104.61 | 100.00 | 114.56 | 96.74 | 127.50 | 113.59 | 117.37 |
| Expenses + | 82.08 | 87.29 | 88.34 | 86.43 | 94.48 | 108.16 | 101.98 | 96.96 | 111.92 | 95.48 | 122.73 | 107.06 | 110.38 |
| Operating Profit | 3.16 | 2.55 | 3.85 | 0.51 | 2.60 | 3.16 | 2.63 | 3.04 | 2.64 | 1.26 | 4.77 | 6.53 | 6.99 |
| OPM % | 3.71% | 2.84% | 4.18% | 0.59% | 2.68% | 2.84% | 2.51% | 3.04% | 2.30% | 1.30% | 3.74% | 5.75% | 5.96% |
| Other Income + | -0.13 | 0.47 | 0.52 | 0.53 | 1.12 | 0.68 | 0.68 | 0.94 | 0.30 | 1.17 | 1.83 | -0.52 | 2.09 |
| Interest | 0.17 | 0.29 | 0.50 | 0.48 | 0.69 | 1.28 | 1.38 | 1.29 | 1.41 | 1.66 | 1.71 | 1.54 | 1.98 |
| Depreciation | 0.73 | 2.31 | 2.63 | 2.81 | 3.12 | 3.68 | 3.42 | 3.80 | 4.17 | 4.86 | 3.74 | 4.09 | 3.99 |
| Profit before tax | 2.13 | 0.42 | 1.24 | -2.25 | -0.09 | -1.12 | -1.49 | -1.11 | -2.64 | -4.09 | 1.15 | 0.38 | 3.11 |
| Tax % | 29.11% | 23.81% | 9.68% | -22.67% | -733.33% | 12.50% | -11.41% | -41.44% | -78.41% | -13.20% | -34.78% | -7.89% | 8.36% |
| Net Profit + | 1.51 | 0.32 | 1.12 | -1.74 | 0.57 | -1.26 | -1.32 | -0.65 | -0.57 | -3.55 | 1.55 | 0.41 | 2.85 |
| EPS in Rs | 0.81 | 0.17 | 0.60 | -0.93 | 0.31 | -0.68 | -0.71 | -0.35 | -0.31 | -1.90 | 0.83 | 0.22 | 1.53 |
Financials of TVS Electronics 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 + | 270 | 594 | 2,519 | 4,107 | 2,757 | 259 | 225 | 308 | 353 | 366 | 430 | 455 |
| Expenses + | 254 | 577 | 2,504 | 4,083 | 2,739 | 247 | 215 | 281 | 334 | 356 | 419 | 436 |
| Operating Profit | 16 | 16 | 15 | 25 | 18 | 11 | 9 | 27 | 20 | 10 | 11 | 20 |
| OPM % | 6% | 3% | 1% | 1% | 1% | 4% | 4% | 9% | 6% | 3% | 3% | 4% |
| Other Income + | 1 | 3 | 2 | 5 | -0 | 1 | 1 | 2 | 2 | 3 | 3 | 5 |
| Interest | 7 | 6 | 3 | 1 | 0 | 2 | 2 | 1 | 1 | 2 | 5 | 7 |
| Depreciation | 7 | 9 | 6 | 4 | 4 | 10 | 8 | 6 | 7 | 11 | 15 | 17 |
| Profit before tax | 3 | 5 | 9 | 24 | 14 | -0 | 1 | 21 | 13 | -1 | -6 | 1 |
| Tax % | 28% | 21% | 27% | 34% | 48% | -2,050% | 18% | 27% | 26% | -140% | -40% | -129% |
| Net Profit + | 2 | 4 | 6 | 16 | 7 | 0 | 1 | 15 | 10 | 0 | -4 | 1 |
| EPS in Rs | 1.27 | 2.32 | 3.40 | 8.73 | 4.00 | 0.21 | 0.41 | 8.10 | 5.10 | 0.14 | -2.03 | 0.68 |
| Dividend Payout % | 0% | 0% | 15% | 17% | 38% | 717% | 0% | 25% | 39% | 691% | 0% | 0% |
Financials of TVS Electronics 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 | 18 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 20 | 25 | 49 | 65 | 68 | 62 | 63 | 74 | 83 | 80 | 74 | 77 |
| Borrowings + | 53 | 35 | 24 | 3 | 0 | 26 | 7 | 9 | 14 | 40 | 43 | 54 |
| Other Liabilities + | 51 | 79 | 292 | 949 | 78 | 71 | 81 | 101 | 106 | 105 | 125 | 133 |
| Total Liabilities | 142 | 157 | 383 | 1,036 | 165 | 178 | 170 | 203 | 221 | 244 | 261 | 283 |
| Fixed Assets + | 41 | 38 | 32 | 28 | 30 | 37 | 29 | 26 | 34 | 57 | 63 | 57 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 1 | 3 | 1 | 0 | 1 |
| Investments | 1 | 0 | 7 | 5 | 16 | 1 | 17 | 35 | 12 | 26 | 8 | 8 |
| Other Assets + | 100 | 118 | 344 | 1,003 | 118 | 139 | 121 | 140 | 171 | 161 | 190 | 217 |
| Total Assets | 142 | 157 | 383 | 1,036 | 165 | 178 | 170 | 203 | 221 | 244 | 261 | 283 |
Financials of TVS Electronics 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 | 27 | 20 | 40 | -6 | -6 | 34 | 26 | -8 | 14 | 6 | 6 |
| Cash from Investing Activity + | -4 | -3 | -1 | 0 | -16 | 17 | -19 | -20 | 6 | -40 | 13 | -4 |
| Cash from Financing Activity + | -8 | -20 | -12 | -21 | -7 | -0 | -21 | -4 | 1 | 19 | -18 | -3 |
| Net Cash Flow | -1 | 4 | 7 | 19 | -29 | 11 | -6 | 2 | -1 | -7 | 1 | -1 |
| Free Cash Flow | 6 | 21 | 18 | 44 | -11 | -10 | 31 | 23 | -24 | -14 | -3 | 1 |
| CFO/OP | 67% | 168% | 147% | 174% | -14% | -75% | 361% | 110% | -16% | 170% | 97% | 29% |
Financials of TVS Electronics 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 | 39 | 18 | 18 | 36 | 3 | 60 | 45 | 42 | 48 | 63 | 61 | 76 |
| Inventory Days | 58 | 32 | 23 | 45 | 4 | 90 | 122 | 112 | 122 | 106 | 109 | 112 |
| Days Payable | 59 | 38 | 42 | 86 | 8 | 156 | 198 | 162 | 134 | 139 | 141 | 129 |
| Cash Conversion Cycle | 39 | 11 | -1 | -6 | -0 | -6 | -32 | -9 | 36 | 30 | 29 | 59 |
| Working Capital Days | -44 | -14 | -3 | -2 | 0 | 7 | -1 | -4 | 22 | 19 | 13 | 22 |
| ROCE % | 11% | 11% | 13% | 25% | 21% | 6% | 4% | 22% | 12% | 1% | -2% | 6% |
The order book model is short-term with execution cycles typically 60-90 days; order book size is around ₹20-25 crores as of June 30. Key concall takeaways…
Previous fundraising through preferential allotments (approximately 33 crores last year and 32.69 crores recently) has strengthened financials. Key concall…
Overall long-term volume growth is guided around 8% to 10% Y-o-Y aligned with GDP growth, economy, digitalization, and low PC penetration. Key concall…
. Key concall takeaways from DC Infotech & Communication Ltd's Q4 FY26 earnings call — and how it ranks against sector peers.