Sulabh Engineers & Services (BSE 508969)₹2.66+0.76%Non Banking Financial Company (NBFC)
In the Sep 2026 quarter (consolidated), Sulabh Engineers & Services reported revenue of ₹1.82 Cr, up 54.2% from Sep 2025, and net profit of ₹1.11 Cr, up 101.8% year on year. For the year to Mar 2026, revenue were ₹4.44 Cr and net profit ₹1.71 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.11 | −2.05 | 1.63 | 1.84 | 0.71 | 0.81 | 0.99 | 1.18 | 0.62 | 1.15 | 1.83 | 1.82 |
| Interest | 0.00 | 0.18 | 0.10 | 0.12 | 0.12 | 0.12 | 0.10 | 0.11 | 0.11 | 0.07 | 0.06 | 0.06 |
| Net interest income | 2.11 | −2.23 | 1.53 | 1.72 | 0.59 | 0.69 | 0.89 | 1.07 | 0.51 | 1.08 | 1.77 | 1.76 |
| Expenses | 1.60 | −2.44 | 0.98 | 0.59 | −0.51 | 0.81 | 0.13 | 0.12 | −0.63 | 2.57 | 0.60 | 0.19 |
| Financing Profit | 0.50 | 0.25 | 0.55 | 1.13 | 1.12 | −0.14 | 0.76 | 0.95 | 1.16 | −1.51 | 1.17 | 1.57 |
| Financing Margin % | 23.3% | −11.8% | 33.3% | 61.2% | 158.6% | −16.3% | 76.5% | 80.4% | 188.5% | −131.6% | 63.7% | 86.2% |
| Other Income | 0.00 | 0.82 | 0.00 | 0.02 | 0.00 | 1.15 | 0.19 | −0.21 | 0.05 | 0.53 | 0.13 | −0.11 |
| Depreciation | 0.07 | 0.05 | 0.02 | 0.02 | 0.02 | 0.05 | 0.03 | 0.03 | 0.01 | 0.03 | 0.01 | 0.03 |
| Profit before tax | 0.40 | 1.00 | 0.50 | 1.09 | 1.09 | 0.96 | 0.90 | 0.71 | 1.16 | −0.99 | 1.25 | 1.43 |
| Tax % | 24.3% | 19.7% | 17.6% | 30.9% | 4.5% | −5.2% | 30.7% | 25.0% | 2.6% | −39.1% | 23.0% | 22.9% |
| Net Profit | 0.32 | 0.82 | 0.43 | 0.76 | 1.07 | 1.04 | 0.63 | 0.55 | 1.15 | −0.62 | 0.98 | 1.11 |
| EPS (Rs) | 0.04 | 0.06 | 0.05 | 0.03 | 0.09 | 0.05 | 0.07 | 0.07 | 0.12 | −0.11 | 0.10 | 0.11 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.08 | 5.25 | 4.86 | 8.05 | 3.83 | 2.48 | 3.76 | 3.65 | 3.70 | 5.48 | 4.44 | 5.42 |
| Interest | 0.74 | 0.70 | 0.27 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.19 | 0.43 | 0.37 | 0.30 |
| Net interest income | 1.34 | 4.55 | 4.59 | 8.03 | 3.83 | 2.48 | 3.76 | 3.65 | 3.51 | 5.05 | 4.07 | 5.12 |
| Expenses | 0.52 | 1.56 | 1.34 | 5.43 | 1.61 | 0.84 | 2.35 | 1.69 | 1.46 | 1.88 | 2.19 | 2.73 |
| Financing Profit | 0.82 | 2.98 | 3.24 | 2.56 | 2.21 | 1.63 | 1.39 | 1.94 | 2.05 | 3.16 | 1.87 | 2.39 |
| Financing Margin % | 39.1% | 56.8% | 66.8% | 31.8% | 57.6% | 65.6% | 36.9% | 53.1% | 55.2% | 57.7% | 42.1% | 44.1% |
| Other Income | 0.04 | 0.09 | 0.00 | 0.05 | 0.00 | 0.02 | 0.00 | 0.02 | 0.29 | 0.65 | 0.03 | 0.60 |
| Depreciation | 0.09 | 0.10 | 0.07 | 0.07 | 0.10 | 0.20 | 0.16 | 0.17 | 0.14 | 0.12 | 0.09 | 0.08 |
| Profit before tax | 0.75 | 2.95 | 3.16 | 2.52 | 2.08 | 1.43 | 1.22 | 1.77 | 2.18 | 3.67 | 1.79 | 2.85 |
| Tax % | 26.3% | 7.4% | 4.7% | 0.0% | −1.0% | 25.6% | 10.5% | 17.4% | 20.0% | 11.6% | 5.0% | — |
| Net Profit | 0.56 | 2.76 | 3.03 | 2.54 | 2.13 | 1.08 | 1.12 | 1.48 | 1.75 | 3.26 | 1.71 | 2.62 |
| EPS (Rs) | 0.06 | 0.28 | 0.31 | 0.16 | 0.13 | 0.09 | 0.12 | 0.12 | 0.15 | 0.25 | 0.10 | 0.22 |
| 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 | 10.09 | 10.08 | 10.09 | 10.09 | 10.08 | 10.08 | 10.07 | 10.08 | 10.09 | 10.09 | 10.09 | 10.08 |
| Reserves | 11.93 | 12.47 | 14.08 | 15.82 | 16.20 | 17.45 | 18.50 | 20.41 | 21.57 | 22.95 | 25.44 | 26.28 |
| Borrowings | 9.90 | 9.77 | 8.73 | 3.32 | 3.39 | 3.39 | 3.39 | 3.39 | 3.39 | 1.28 | 1.66 | 0.00 |
| Other Liabilities | 3.07 | 3.26 | 4.30 | 5.43 | 7.56 | 9.56 | 8.70 | 7.88 | 8.09 | 8.26 | 9.84 | 10.56 |
| Total Liabilities | 34.99 | 35.58 | 37.20 | 34.66 | 37.23 | 40.48 | 40.66 | 41.76 | 43.14 | 42.58 | 47.03 | 46.92 |
| Fixed Assets | 19.86 | 19.77 | 19.83 | 22.97 | 22.97 | 23.61 | 23.39 | 23.40 | 23.26 | 23.17 | 22.81 | 22.72 |
| 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 | 1.20 | 1.43 | 3.18 | 2.58 | 3.31 | 2.99 | 2.59 | 1.45 | 2.88 | 8.52 | 6.30 | 8.84 |
| Other Assets | 13.93 | 14.38 | 14.19 | 9.11 | 10.95 | 13.88 | 14.68 | 16.91 | 17.00 | 10.89 | 17.92 | 15.36 |
| Inventories | 3.53 | 4.13 | 3.86 | 3.66 | 0.06 | 0.56 | 1.15 | 0.60 | 0.56 | 1.00 | 0.78 | 2.21 |
| Trade receivables | 0.00 | 0.00 | 0.73 | 0.93 | 2.44 | 2.82 | 1.43 | 0.82 | 0.42 | 0.00 | 0.17 | 0.30 |
| Cash & equivalents | 1.11 | 1.30 | 0.50 | 0.81 | 0.74 | 0.16 | 0.97 | 1.07 | 2.52 | 0.14 | 0.14 | 0.26 |
| Total Assets | 34.99 | 35.58 | 37.20 | 34.66 | 37.23 | 40.48 | 40.66 | 41.76 | 43.14 | 42.58 | 47.03 | 46.92 |
| 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 | −0.57 | 0.53 | 1.98 | 8.31 | 4.28 | 1.88 | 1.10 | 0.25 | 1.45 | −1.52 | −0.64 | 1.78 |
| Cash from investing activity | −0.57 | −0.24 | −1.76 | −2.62 | −0.04 | −0.76 | 0.00 | −0.15 | −0.02 | −0.07 | 0.28 | −0.02 |
| Cash from financing activity | 0.51 | −0.13 | −1.05 | −5.41 | −4.31 | −1.71 | −0.31 | 0.00 | 0.00 | −0.80 | 0.38 | −1.66 |
| Net cash flow | −0.61 | 0.18 | −0.79 | 0.30 | −0.08 | −0.57 | 0.80 | 0.09 | 1.44 | −2.37 | 0.00 | 0.11 |
| Capex | 0.02 | 0.00 | 0.00 | 3.22 | 0.04 | 0.76 | 0.00 | 0.15 | 0.02 | 0.07 | 0.00 | 0.02 |
| Free cash flow | −0.56 | 0.53 | 1.98 | 5.10 | 4.23 | 1.11 | 1.10 | 0.09 | 1.44 | −1.58 | −0.37 | 1.75 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 2.5% | 2.5% | 11.9% | 12.2% | 5.9% | 4.7% | 3.1% | 3.8% | 3.7% | 4.4% | 6.8% | 2.4% |
For the Sep 2026 quarter, Sulabh Engineers & Services reported revenue of ₹1.82 Cr, up 54.2% year on year and net profit of ₹1.11 Cr, up 101.8% year on year.
Sulabh Engineers & Services' revenue for the year to Mar 2026 were ₹4.44 Cr; over the last twelve months they were ₹5.42 Cr.
Net profit for the year to Mar 2026 was ₹1.71 Cr, and ₹2.62 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.22.
Cash from operations was ₹1.78 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1.75 Cr.