VTM Ltd Share Price ₹58.4 | P/E 32.0

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of VTM 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 +	53.21	46.11	47.24	51.03	63.77	59.14	73.17	103.52	108.69	71.99	89.88	99.95	110.17
Expenses +	48.63	39.46	38.88	44.18	59.63	50.87	59.81	76.70	90.24	63.56	84.88	92.93	102.90
Operating Profit	4.58	6.65	8.36	6.85	4.14	8.27	13.36	26.82	18.45	8.43	5.00	7.02	7.27
OPM %	8.61%	14.42%	17.70%	13.42%	6.49%	13.98%	18.26%	25.91%	16.97%	11.71%	5.56%	7.02%	6.60%
Other Income +	1.75	2.66	1.66	1.48	1.51	1.34	2.08	0.51	0.90	0.87	1.16	0.86	-2.50
Interest	0.16	0.28	0.13	0.25	0.29	0.18	0.28	0.35	0.99	0.40	0.40	0.42	0.58
Depreciation	2.48	2.57	2.64	2.08	1.61	2.27	2.32	2.33	2.50	2.79	2.85	2.84	2.87
Profit before tax	3.69	6.46	7.25	6.00	3.75	7.16	12.84	24.65	15.86	6.11	2.91	4.62	1.32
Tax %	23.85%	20.59%	30.62%	23.17%	5.87%	26.82%	23.91%	26.17%	23.27%	24.55%	20.27%	27.06%	32.58%
Net Profit +	2.82	5.12	5.04	4.61	3.52	5.23	9.77	18.20	12.17	4.60	2.32	3.38	0.90
EPS in Rs	0.28	0.51	0.50	0.46	0.35	0.52	0.97	1.81	1.21	0.46	0.23	0.34	0.09

Financials of VTM 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 +	168	154	150	165	160	161	143	194	209	208	345	372
Expenses +	155	140	140	150	145	144	126	171	192	182	278	344
Operating Profit	13	14	11	14	15	16	16	23	17	26	67	28
OPM %	8%	9%	7%	9%	9%	10%	11%	12%	8%	12%	19%	7%
Other Income +	3	5	9	5	7	9	5	5	6	7	5	0
Interest	0	0	1	1	1	1	1	1	1	1	2	2
Depreciation	5	5	7	7	7	8	8	9	10	9	9	11
Profit before tax	11	14	12	12	14	16	12	18	12	23	61	15
Tax %	28%	33%	34%	35%	27%	26%	21%	18%	26%	22%	25%	25%
Net Profit +	8	9	8	8	10	12	10	15	9	18	45	11
EPS in Rs	0.79	0.93	0.82	0.77	1.02	1.20	0.97	1.48	0.91	1.82	4.51	1.11
Dividend Payout %	32%	32%	37%	39%	35%	30%	25%	24%	31%	22%	9%	0%

Financials of VTM 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	4	4	4	4	4	4	4	4	4	4	4	10
Reserves	115	121	175	182	193	199	215	230	241	259	302	305
Borrowings +	7	4	10	11	8	10	10	7	4	4	41	75
Other Liabilities +	12	12	21	17	15	24	20	23	20	31	35	58
Total Liabilities	139	141	210	214	221	237	249	264	269	298	383	448
Fixed Assets +	47	44	91	85	88	96	99	97	95	98	108	125
CWIP	2	3	0	7	0	0	3	0	0	1	2	1
Investments	34	0	69	25	65	79	85	90	106	88	67	72
Other Assets +	56	94	50	96	68	62	62	78	69	112	205	251
Total Assets	139	141	210	214	221	237	249	264	269	298	383	448

Financials of VTM 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 +	-3	33	17	1	10	25	11	7	22	-12	-38	1
Cash from Investing Activity +	-5	-2	-61	5	-3	-20	-9	-1	-13	16	8	-23
Cash from Financing Activity +	1	1	4	-4	-7	-7	-1	-7	-7	-5	31	22
Net Cash Flow	-7	32	-39	3	-1	-2	1	-1	2	-2	2	0
Free Cash Flow	-6	29	3	-6	9	12	-2	4	15	-25	-59	-24
CFO/OP	2%	281%	177%	38%	85%	182%	87%	53%	144%	-25%	-39%	38%

Financials of VTM 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	38	56	50	57	55	38	44	31	24	44	78	50
Inventory Days	72	82	74	74	94	102	91	116	76	168	185	237
Days Payable	7	7	15	11	6	29	6	25	13	47	27	57
Cash Conversion Cycle	103	130	108	120	143	110	128	122	87	165	236	230
Working Capital Days	77	106	89	102	113	89	110	107	84	143	139	139
ROCE %	8%	9%	8%	5%	6%	7%	5%	6%	4%	7%	19%	5%