C J Gelatine Products (BSE 507515)₹26.17+4.89%Specialty Chemicals
In the Mar 2026 quarter (standalone), C J Gelatine Products reported sales of ₹11.32 Cr, down 0.3% from Mar 2025, and net profit of ₹0.16 Cr, up 300.0% year on year. For the year to Mar 2026, sales were ₹41.97 Cr and net profit ₹0.20 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 | 10.49 | 9.57 | 9.50 | 11.21 | 8.90 | 10.04 | 10.90 | 11.35 | 8.41 | 12.05 | 10.16 | 11.32 |
| Expenses | 9.98 | 9.74 | 8.81 | 10.51 | 8.43 | 10.00 | 10.33 | 10.95 | 8.13 | 11.59 | 9.63 | 10.52 |
| Operating Profit | 0.54 | −0.11 | 0.72 | 0.74 | 0.49 | 0.06 | 0.60 | 0.43 | 0.31 | 0.50 | 0.57 | 0.84 |
| OPM % | 5.2% | −1.3% | 7.6% | 6.6% | 5.6% | 0.7% | 5.6% | 3.9% | 3.8% | 4.2% | 5.7% | 7.5% |
| Other Income | −0.55 | −0.64 | −0.68 | −0.65 | 0.00 | 0.04 | 0.02 | 0.25 | 0.02 | 0.00 | 0.00 | 0.00 |
| Interest | 0.34 | 0.35 | 0.35 | 0.37 | 0.33 | 0.32 | 0.32 | 0.33 | 0.37 | 0.36 | 0.35 | 0.38 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.56 | 0.15 | 0.15 | 0.15 | 0.16 | 0.16 | 0.16 | 0.16 | 0.17 |
| Profit before tax | −0.35 | −1.12 | −0.31 | −0.83 | 0.05 | −0.34 | 0.20 | 0.24 | −0.17 | 0.03 | 0.11 | 0.34 |
| Tax % | 0.0% | 0.0% | 0.0% | −75.5% | −25.0% | −27.2% | 10.6% | 78.3% | −12.4% | −99.9% | −19.9% | 48.6% |
| Exceptional items | −1.01 | −1.01 | −1.01 | −1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −0.33 | −1.10 | −0.28 | −0.20 | 0.04 | −0.23 | 0.16 | 0.04 | −0.13 | 0.03 | 0.10 | 0.16 |
| EPS (Rs) | −0.72 | −2.32 | −0.61 | −0.45 | 0.11 | −0.51 | 0.36 | 0.11 | −0.30 | 0.09 | 0.24 | 0.36 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22.49 | 16.50 | 22.95 | 25.71 | 28.17 | 38.89 | 39.40 | 36.66 | 40.73 | 41.18 | 41.97 | 41.94 |
| Expenses | 20.90 | 16.68 | 21.88 | 23.92 | 26.63 | 37.19 | 37.51 | 35.25 | 39.02 | 39.63 | 39.87 | 39.87 |
| Operating Profit | 1.69 | −0.10 | 1.16 | 1.89 | 1.68 | 1.87 | 2.06 | 1.59 | 1.90 | 1.67 | 2.28 | 2.22 |
| OPM % | 7.5% | −0.7% | 5.1% | 7.3% | 6.0% | 4.8% | 5.2% | 4.3% | 4.7% | 4.1% | 5.4% | 5.3% |
| Other Income | 0.09 | 0.17 | 0.22 | −0.15 | 0.05 | 0.01 | 0.03 | 0.58 | −2.54 | 0.34 | 0.03 | 0.02 |
| Interest | 1.33 | 1.75 | 0.97 | 0.87 | 1.14 | 1.08 | 1.23 | 1.38 | 1.38 | 1.27 | 1.43 | 1.46 |
| Depreciation | 0.31 | 0.35 | 0.37 | 0.38 | 0.39 | 0.44 | 0.49 | 0.51 | 0.56 | 0.59 | 0.62 | 0.65 |
| Profit before tax | 0.19 | −2.02 | 0.09 | 0.52 | 0.25 | 0.41 | 0.42 | 0.33 | −2.57 | 0.20 | 0.31 | 0.31 |
| Tax % | 33.4% | 0.0% | 12.6% | 25.6% | 12.6% | 12.6% | 14.7% | 28.2% | −24.1% | 58.0% | 30.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −3.01 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.12 | −2.00 | 0.05 | 0.36 | 0.21 | 0.34 | 0.34 | 0.22 | −1.94 | 0.07 | 0.20 | 0.16 |
| EPS (Rs) | 0.28 | −4.19 | 0.13 | 0.78 | 0.47 | 0.74 | 0.74 | 0.49 | −4.06 | 0.18 | 0.45 | 0.39 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 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 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 |
| Reserves | 7.72 | 7.29 | 4.72 | 4.21 | 4.02 | 3.68 | 2.96 | 2.75 | 2.41 | −0.07 | −0.62 | −0.90 |
| Borrowings | 1.84 | 6.01 | 7.70 | 5.38 | 5.02 | 9.94 | 12.84 | 18.61 | 19.59 | 19.65 | 20.99 | 23.67 |
| Other Liabilities | 9.44 | 9.83 | 14.70 | 17.73 | 17.09 | 12.61 | 12.01 | 8.71 | 8.73 | 8.75 | 7.70 | 6.64 |
| Total Liabilities | 23.83 | 27.96 | 31.95 | 32.15 | 30.96 | 31.06 | 32.64 | 34.90 | 35.56 | 33.16 | 32.90 | 34.24 |
| Fixed Assets | 9.56 | 9.50 | 9.28 | 8.69 | 8.06 | 7.45 | 7.10 | 7.29 | 7.17 | 6.54 | 5.98 | 5.53 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 14.27 | 18.46 | 22.67 | 23.46 | 22.90 | 23.61 | 25.54 | 27.61 | 28.39 | 26.62 | 26.92 | 28.71 |
| Inventories | 11.34 | 13.35 | 16.05 | 17.35 | 16.76 | 19.14 | 20.76 | 22.24 | 24.66 | 21.33 | 20.72 | 22.61 |
| Trade receivables | 1.45 | 2.05 | 3.54 | 4.27 | 3.82 | 2.46 | 2.57 | 3.72 | 2.10 | 3.23 | 4.09 | 3.90 |
| Cash & equivalents | 0.02 | 1.58 | 1.56 | 0.12 | 0.51 | 0.08 | 0.75 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 23.83 | 27.96 | 31.95 | 32.15 | 30.96 | 31.06 | 32.64 | 34.90 | 35.56 | 33.16 | 32.90 | 34.24 |
| 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 | 0.68 | 0.79 | 1.12 | 2.16 | 1.31 | −6.18 | −3.35 | −4.06 | 0.81 | 1.77 | 0.47 | −0.57 |
| Cash from investing activity | 0.00 | −0.81 | −0.69 | −0.34 | −0.33 | −0.27 | −0.66 | −1.19 | −0.37 | −0.45 | −0.56 | −0.69 |
| Cash from financing activity | −0.69 | 1.59 | −0.48 | −3.26 | −0.60 | 6.03 | 3.99 | 4.52 | −0.46 | −1.32 | 0.10 | 1.28 |
| Net cash flow | 0.00 | 1.55 | −0.03 | −1.41 | 0.39 | −0.42 | 0.00 | −0.74 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capex | 0.02 | 0.81 | 0.69 | 0.34 | 0.33 | 0.33 | 0.68 | 1.23 | 0.96 | 0.49 | 0.60 | 0.74 |
| Free cash flow | 0.68 | −0.01 | 0.42 | 1.81 | 0.97 | −6.49 | −4.00 | −5.27 | −0.14 | 1.27 | −0.12 | −1.30 |
| CFO / OP % | 53.0% | 46.0% | −1,009.0% | 184.0% | 68.0% | −366.0% | −174.0% | −194.0% | 57.0% | 97.0% | 33.0% | −24.1% |
| 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 | 30 | 33 | 78 | 68 | 54 | 32 | 24 | 34 | 21 | 29 | 36 | 34 |
| Inventory days | 425 | 375 | 630 | 431 | 395 | 415 | 276 | 274 | 326 | 249 | 237 | 260 |
| Days payable | 302 | 248 | 515 | 401 | 353 | 234 | 131 | 76 | 79 | 37 | 50 | 44 |
| Cash conversion cycle | 153 | 161 | 194 | 98 | 97 | 213 | 170 | 233 | 269 | 242 | 224 | 250 |
| Working capital days | 99 | 93 | 104 | 62 | 48 | 68 | 56 | 82 | 91 | 71 | 90 | 101 |
| ROCE % | 7.6% | 9.1% | −1.7% | 6.6% | 11.0% | 8.6% | 7.6% | 7.0% | 6.4% | 6.3% | 5.9% | 6.6% |
For the Mar 2026 quarter, C J Gelatine Products reported sales of ₹11.32 Cr, down 0.3% year on year and net profit of ₹0.16 Cr, up 300.0% year on year. The operating margin was 7.5%.
C J Gelatine Products' sales for the year to Mar 2026 were ₹41.97 Cr; over the last twelve months they were ₹41.94 Cr.
Net profit for the year to Mar 2026 was ₹0.20 Cr, and ₹0.16 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.39.
C J Gelatine Products reported borrowings of ₹23.67 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was −₹0.57 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹1.30 Cr.