GEE (BSE 504028)₹116.70+0.95%Other Electrical Equipment
In the Mar 2026 quarter (standalone), GEE reported sales of ₹112 Cr, up 27.5% from Mar 2025, and net profit of ₹3.53 Cr. For the year to Mar 2026, sales were ₹370 Cr and net profit ₹12.98 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| 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 | 95.38 | 97.76 | 84.83 | 92.15 | 82.26 | 83.03 | 81.16 | 88.11 | 79.37 | 85.63 | 92.54 | 112 |
| Expenses | 88.36 | 87.67 | 75.69 | 87.54 | 75.46 | 77.22 | 75.93 | 104 | 74.59 | 76.31 | 83.50 | 101 |
| Operating Profit | 6.62 | 9.75 | 8.83 | 4.29 | 6.48 | 5.56 | 4.92 | −16.13 | 4.53 | 8.98 | 8.75 | 11.12 |
| OPM % | 7.0% | 10.0% | 10.4% | 4.7% | 7.9% | 6.7% | 6.0% | −18.4% | 5.7% | 10.5% | 9.4% | 9.9% |
| Other Income | 0.09 | 0.14 | 0.06 | 0.48 | 0.05 | 0.26 | 0.12 | −0.13 | 0.03 | 0.04 | 0.03 | −2.23 |
| Interest | 1.71 | 1.64 | 2.99 | 1.79 | 1.98 | 2.23 | 2.25 | 2.41 | 2.23 | 2.37 | 2.01 | 1.81 |
| Depreciation | 1.01 | 1.01 | 1.01 | 0.95 | 1.01 | 1.01 | 1.02 | 1.08 | 1.01 | 1.01 | 1.02 | 0.76 |
| Profit before tax | 3.96 | 7.23 | 4.88 | 2.00 | 3.51 | 2.55 | 1.74 | −19.76 | 1.29 | 5.61 | 5.70 | 6.33 |
| Tax % | 25.2% | 25.3% | 25.3% | 58.3% | 25.3% | 25.0% | 25.5% | −23.7% | 25.4% | 25.3% | 25.2% | 44.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −2.01 |
| Net Profit | 2.96 | 5.39 | 3.63 | 0.83 | 2.63 | 1.90 | 1.28 | −15.05 | 0.97 | 4.20 | 4.26 | 3.53 |
| EPS (Rs) | 0.58 | 1.05 | 0.71 | 0.17 | 0.52 | 0.38 | 0.26 | −2.91 | 0.20 | 0.82 | 0.83 | 0.69 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 191 | 199 | 217 | 275 | 272 | 254 | 325 | 397 | 370 | 335 | 370 | 370 |
| Expenses | 175 | 185 | 203 | 259 | 251 | 227 | 296 | 371 | 340 | 333 | 335 | 335 |
| Operating Profit | 13.99 | 13.99 | 12.99 | 14.98 | 19.99 | 25.97 | 27.97 | 22.99 | 29.96 | 0.99 | 32.98 | 33.38 |
| OPM % | 8.0% | 7.0% | 6.0% | 5.0% | 8.0% | 10.0% | 9.0% | 6.0% | 8.0% | 0.2% | 9.0% | 9.0% |
| Other Income | 3.01 | 0.00 | 1.01 | 1.01 | 1.01 | 2.01 | 1.01 | 1.01 | 1.01 | 0.00 | −2.01 | −2.13 |
| Interest | 6.98 | 4.98 | 4.98 | 6.98 | 6.97 | 4.98 | 5.98 | 8.98 | 7.97 | 8.97 | 7.98 | 8.42 |
| Depreciation | 2.99 | 2.99 | 3.99 | 3.99 | 3.99 | 3.99 | 3.99 | 3.99 | 3.99 | 3.99 | 3.99 | 3.80 |
| Profit before tax | 7.01 | 6.01 | 4.99 | 4.99 | 11.01 | 18.01 | 19.98 | 11.99 | 17.99 | −11.99 | 19.01 | 18.93 |
| Tax % | 37.0% | 39.0% | 31.0% | 42.0% | 8.0% | 29.0% | 23.0% | 26.1% | 29.0% | −23.0% | 31.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −2.01 | −2.01 |
| Net Profit | 4.99 | 2.99 | 2.99 | 2.99 | 9.99 | 12.98 | 14.98 | 8.98 | 12.98 | −8.98 | 12.98 | 12.96 |
| EPS (Rs) | 0.89 | 0.68 | 0.67 | 0.54 | 1.89 | 2.44 | 2.91 | 1.65 | 2.48 | −1.79 | 2.51 | 2.54 |
| Dividend payout % | 16.0% | 0.0% | 21.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| 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 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 10.02 |
| Reserves | 54.03 | 58.00 | 138 | 142 | 144 | 154 | 166 | 181 | 188 | 199 | 188 | 205 |
| Borrowings | 52.94 | 42.96 | 47.91 | 55.96 | 64.92 | 58.94 | 59.88 | 76.91 | 86.95 | 81.90 | 80.96 | 63.98 |
| Other Liabilities | 25.13 | 37.18 | 26.09 | 25.13 | 36.17 | 37.18 | 33.17 | 35.17 | 39.19 | 38.19 | 36.18 | 37.18 |
| Total Liabilities | 137 | 142 | 217 | 227 | 250 | 254 | 264 | 298 | 320 | 324 | 311 | 315 |
| Fixed Assets | 47.91 | 46.87 | 130 | 130 | 131 | 128 | 137 | 147 | 143 | 171 | 167 | 128 |
| CWIP | 0.99 | 0.99 | 0.00 | 0.99 | 1.99 | 1.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 |
| Investments | 3.01 | 3.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 86.20 | 92.28 | 88.22 | 96.34 | 118 | 124 | 126 | 150 | 176 | 152 | 144 | 187 |
| Inventories | 32.91 | 39.92 | 32.95 | 37.88 | 48.91 | 40.93 | 48.87 | 70.86 | 86.85 | 88.75 | 79.76 | 89.72 |
| Trade receivables | 35.09 | 34.05 | 39.10 | 40.05 | 53.09 | 56.11 | 58.09 | 55.12 | 73.20 | 51.14 | 44.13 | 55.13 |
| Cash & equivalents | 3.01 | 4.01 | 3.01 | 2.01 | 2.01 | 12.02 | 2.01 | 1.01 | 2.01 | 1.01 | 4.01 | 1.01 |
| Total Assets | 137 | 142 | 217 | 227 | 250 | 254 | 264 | 298 | 320 | 324 | 311 | 315 |
| 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 | 5.01 | 17.03 | 5.01 | 1.01 | 3.01 | 25.03 | 6.01 | 3.01 | 1.01 | 45.10 | 14.04 | −11.03 |
| Cash from investing activity | −3.01 | −1.01 | −4.01 | −4.01 | −5.01 | −4.01 | −10.01 | −14.01 | −1.01 | −34.03 | −5.01 | 22.02 |
| Cash from financing activity | −1.01 | −14.01 | −1.01 | 1.99 | 1.99 | −12.99 | −3.99 | 10.99 | 1.99 | −12.99 | −8.99 | −11.01 |
| Net cash flow | 0.99 | 0.99 | 0.00 | −0.99 | 0.00 | 7.99 | −7.98 | 0.00 | 0.99 | −1.99 | 0.00 | 0.00 |
| Capex | 1.66 | 3.12 | 4.66 | 4.14 | 5.99 | 2.39 | 4.03 | 6.92 | 1.29 | 33.94 | 1.71 | 12.79 |
| Free cash flow | 2.99 | 13.99 | 0.99 | −3.01 | −3.01 | 23.01 | 4.99 | −4.01 | 0.00 | 10.99 | 11.99 | 6.99 |
| CFO / OP % | 43.0% | 133.0% | 50.0% | 21.0% | 31.0% | 131.0% | 43.0% | 28.0% | 25.0% | 166.0% | 1,959.0% | −21.0% |
| 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 | 71 | 66 | 72 | 69 | 71 | 76 | 85 | 63 | 68 | 51 | 49 | 55 |
| Inventory days | 98 | 107 | 91 | 93 | 88 | 79 | 101 | 105 | 108 | 119 | 115 | 120 |
| Days payable | 38 | 57 | 45 | 40 | 46 | 51 | 47 | 32 | 33 | 32 | 35 | 27 |
| Cash conversion cycle | 131 | 116 | 118 | 122 | 113 | 104 | 139 | 137 | 143 | 139 | 129 | 148 |
| Working capital days | 39 | 23 | 25 | 36 | 32 | 26 | 55 | 53 | 52 | 39 | 28 | 95 |
| ROCE % | 11.0% | 13.0% | 7.0% | 5.0% | 6.0% | 8.0% | 10.0% | 10.0% | 8.0% | 9.0% | −1.0% | 11.0% |
For the Mar 2026 quarter, GEE reported sales of ₹112 Cr, up 27.5% year on year and net profit of ₹3.53 Cr. The operating margin was 9.9%.
GEE's sales for the year to Mar 2026 were ₹370 Cr; over the last twelve months they were ₹370 Cr.
Net profit for the year to Mar 2026 was ₹12.98 Cr, and ₹12.96 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.54.
GEE reported borrowings of ₹63.98 Cr at Mar 2026, against cash and equivalents of ₹1.01 Cr.
Cash from operations was −₹11.03 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹6.99 Cr.