Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Ultracab India
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 + | 24.83 | 26.22 | 31.23 | 22.05 | 44.56 | 53.69 | 55.55 | 57.24 | 72.95 | 60.13 | 57.66 | 62.41 | 79.90 |
| Expenses + | 21.55 | 23.70 | 28.18 | 18.95 | 40.17 | 49.48 | 50.57 | 51.99 | 67.95 | 56.52 | 54.79 | 59.77 | 77.29 |
| Operating Profit | 3.28 | 2.52 | 3.05 | 3.10 | 4.39 | 4.21 | 4.98 | 5.25 | 5.00 | 3.61 | 2.87 | 2.64 | 2.61 |
| OPM % | 13.21% | 9.61% | 9.77% | 14.06% | 9.85% | 7.84% | 8.96% | 9.17% | 6.85% | 6.00% | 4.98% | 4.23% | 3.27% |
| Other Income + | 0.15 | 0.04 | 0.12 | 0.10 | -0.01 | 0.03 | 0.05 | 0.05 | 0.05 | 0.06 | 0.17 | 0.25 | 0.27 |
| Interest | 1.14 | 0.94 | 1.00 | 0.84 | 1.24 | 1.05 | 1.46 | 1.12 | 1.08 | 0.95 | 0.68 | 0.86 | 1.01 |
| Depreciation | 0.21 | 0.19 | 0.22 | 0.23 | 0.23 | 0.27 | 0.29 | 0.32 | 0.32 | 0.37 | 0.39 | 0.40 | 0.41 |
| Profit before tax | 2.08 | 1.43 | 1.95 | 2.13 | 2.91 | 2.92 | 3.28 | 3.86 | 3.65 | 2.35 | 1.97 | 1.63 | 1.46 |
| Tax % | 17.31% | 27.97% | 21.54% | 23.00% | 39.18% | 27.05% | 23.48% | 30.31% | 34.52% | 27.66% | 22.84% | 36.20% | 8.90% |
| Net Profit + | 1.72 | 1.03 | 1.53 | 1.64 | 1.77 | 2.13 | 2.51 | 2.70 | 2.39 | 1.70 | 1.52 | 1.04 | 1.33 |
| EPS in Rs | 0.13 | 0.08 | 0.12 | 0.13 | 0.14 | 0.16 | 0.19 | 0.21 | 0.19 | 0.14 | 0.12 | 0.08 | 0.11 |
Financials of Ultracab India
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 + | 35 | 41 | 39 | 49 | 73 | 66 | 70 | 85 | 107 | 124 | 239 | 260 |
| Expenses + | 31 | 38 | 36 | 45 | 68 | 60 | 63 | 76 | 95 | 111 | 220 | 248 |
| Operating Profit | 4 | 3 | 3 | 4 | 5 | 6 | 7 | 9 | 12 | 13 | 19 | 12 |
| OPM % | 11% | 8% | 8% | 8% | 7% | 9% | 10% | 10% | 11% | 11% | 8% | 5% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| Interest | 3 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 4 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 1 | 1 | 0 | 1 | 2 | 2 | 3 | 4 | 8 | 8 | 14 | 7 |
| Tax % | 51% | 18% | 33% | 32% | 23% | 39% | 20% | 30% | 25% | 29% | 29% | 25% |
| Net Profit + | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 6 | 6 | 10 | 6 |
| EPS in Rs | 0.03 | 0.05 | 0.02 | 0.06 | 0.09 | 0.08 | 0.16 | 0.24 | 0.45 | 0.46 | 0.79 | 0.45 |
| Dividend Payout % | 0% | 0% | 0% | 34% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Ultracab India
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 | 8 | 13 | 13 | 13 | 13 | 13 | 19 | 19 | 19 | 25 | 25 |
| Reserves | 7 | 9 | 6 | 6 | 7 | 8 | 10 | 7 | 13 | 19 | 63 | 68 |
| Borrowings + | 12 | 15 | 15 | 23 | 27 | 29 | 39 | 39 | 35 | 52 | 34 | 44 |
| Other Liabilities + | 4 | 5 | 10 | 10 | 11 | 19 | 14 | 19 | 21 | 13 | 28 | 20 |
| Total Liabilities | 32 | 38 | 43 | 52 | 57 | 69 | 76 | 84 | 88 | 103 | 149 | 157 |
| Fixed Assets + | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 7 | 7 | 12 | 13 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 28 | 33 | 38 | 47 | 52 | 64 | 70 | 78 | 82 | 96 | 138 | 144 |
| Total Assets | 32 | 38 | 43 | 52 | 57 | 69 | 76 | 84 | 88 | 103 | 149 | 157 |
Financials of Ultracab India
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 + | -6 | -0 | 0 | -2 | 0 | 1 | -1 | -1 | 6 | -24 | -4 | 5 |
| Cash from Investing Activity + | -0 | -2 | -1 | -1 | -1 | -1 | -2 | -0 | -1 | -2 | -5 | -3 |
| Cash from Financing Activity + | 5 | 3 | -0 | 3 | 1 | -0 | 4 | 2 | -5 | 26 | 12 | -2 |
| Net Cash Flow | -1 | 1 | -1 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 3 | 1 |
| Free Cash Flow | -7 | -2 | -0 | -3 | -1 | 0 | -3 | -2 | 5 | -26 | -9 | 2 |
| CFO/OP | -165% | 5% | 21% | -44% | 9% | 33% | -10% | -1% | 66% | -164% | 1% | 62% |
Financials of Ultracab India
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 | 47 | 51 | 66 | 74 | 63 | 86 | 66 | 65 | 42 | 67 | 64 | 64 |
| Inventory Days | 290 | 270 | 334 | 326 | 226 | 323 | 356 | 323 | 286 | 254 | 160 | 146 |
| Days Payable | 45 | 47 | 93 | 79 | 58 | 117 | 82 | 87 | 71 | 28 | 39 | 23 |
| Cash Conversion Cycle | 292 | 273 | 307 | 321 | 231 | 292 | 340 | 301 | 257 | 294 | 185 | 187 |
| Working Capital Days | 121 | 113 | 123 | 125 | 93 | 105 | 120 | 120 | 96 | 174 | 112 | 105 |
| ROCE % | 14% | 10% | 8% | 9% | 10% | 11% | 13% | 13% | 18% | 16% | 17% | 8% |
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