Ecoboard Industries (BSE 523732)₹59.89+0.82%Plywood Boards/ Laminates
In the Mar 2026 quarter (standalone), Ecoboard Industries reported sales of ₹7.91 Cr, up 334.6% from Mar 2025, and net profit of −₹2.98 Cr. For the year to Mar 2026, sales were ₹24.06 Cr and net profit −₹9.99 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 | 3.70 | 6.50 | 8.82 | 10.81 | 5.77 | 3.28 | 1.88 | 1.82 | 1.65 | 4.92 | 9.49 | 7.91 |
| Expenses | 6.32 | 7.93 | 8.60 | 9.98 | 6.53 | 5.64 | 4.84 | 4.72 | 4.43 | 7.41 | 10.15 | 11.14 |
| Operating Profit | −2.63 | −1.44 | 0.17 | 0.77 | −0.77 | −2.37 | −2.97 | −2.91 | −2.79 | −2.50 | −0.69 | −3.26 |
| OPM % | −71.6% | −22.4% | 2.1% | 7.2% | −13.5% | −72.8% | −159.4% | −161.4% | −170.7% | −51.1% | −7.4% | −41.4% |
| Other Income | 0.05 | 0.03 | 0.04 | −2.30 | 0.02 | 0.10 | −4.81 | −2.86 | 0.08 | 0.03 | 0.14 | 0.82 |
| Interest | 0.32 | −0.02 | 0.16 | 0.31 | 0.13 | 0.13 | 0.20 | 0.12 | 0.36 | 0.09 | −0.23 | 0.05 |
| Depreciation | 0.29 | 0.29 | 0.29 | 0.28 | 0.30 | 0.30 | 0.29 | 0.29 | 0.29 | 0.39 | 0.44 | 0.50 |
| Profit before tax | −3.20 | −1.71 | −0.23 | −2.09 | −1.19 | −2.71 | −8.26 | −6.17 | −3.37 | −2.96 | −0.77 | −3.00 |
| Tax % | 0.0% | 0.0% | 0.0% | 3.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | −2.28 | 0.00 | 0.00 | −4.86 | −3.68 | 0.00 | 0.00 | 0.00 | 0.66 |
| Net Profit | −3.18 | −1.69 | −0.21 | −2.14 | −1.16 | −2.68 | −8.25 | −6.15 | −3.35 | −2.94 | −0.77 | −2.98 |
| EPS (Rs) | −1.78 | −0.96 | −0.13 | −1.22 | −0.67 | −1.52 | −4.64 | −3.46 | −1.47 | −1.29 | −0.35 | −1.14 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22.07 | 16.04 | 9.02 | 20.04 | 12.02 | 15.04 | 35.08 | 39.08 | 30.08 | 13.03 | 24.06 | 23.97 |
| Expenses | 27.94 | 20.95 | 14.97 | 23.95 | 12.97 | 15.97 | 33.95 | 41.90 | 32.92 | 21.96 | 32.94 | 33.13 |
| Operating Profit | −5.99 | −4.99 | −5.98 | −3.99 | −0.99 | −0.99 | 0.99 | −3.99 | −2.99 | −8.98 | −8.98 | −9.24 |
| OPM % | −27.0% | −30.0% | −73.0% | −17.0% | −11.0% | −5.0% | 3.2% | −9.0% | −10.0% | −71.0% | −39.0% | −38.6% |
| Other Income | −2.01 | 0.00 | 0.00 | 2.01 | 20.01 | 16.01 | 4.01 | 4.01 | −2.01 | −8.01 | 1.01 | 1.07 |
| Interest | 5.02 | 4.01 | 6.02 | 5.01 | 2.01 | 3.01 | 2.01 | 2.01 | 1.01 | 1.01 | 0.00 | 0.27 |
| Depreciation | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 2.01 | 1.62 |
| Profit before tax | −15.01 | −10.01 | −14.02 | −6.99 | 14.99 | 11.01 | 2.01 | −3.01 | −7.01 | −18.01 | −10.01 | −10.10 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.0% | 0.0% | 0.0% | — |
| Exceptional items | −2.96 | 0.00 | −0.04 | 1.98 | 17.70 | 14.44 | 3.06 | 2.01 | −2.45 | −8.55 | 0.66 | 0.66 |
| Net Profit | −14.98 | −9.99 | −13.99 | −6.99 | 14.98 | 10.98 | 1.99 | −2.99 | −6.99 | −17.99 | −9.99 | −10.04 |
| EPS (Rs) | −8.37 | −5.82 | −7.79 | −4.05 | 8.46 | 6.30 | 1.21 | −1.77 | −4.09 | −10.27 | −3.83 | −4.25 |
| 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 | 18.04 | 18.05 | 18.05 | 18.05 | 18.04 | 18.04 | 18.06 | 18.06 | 18.04 | 18.04 | 18.05 | 26.06 |
| Reserves | −9.01 | −23.01 | −8.01 | −22.04 | −29.03 | −14.02 | −3.01 | −1.01 | 3.01 | −5.01 | −23.03 | −4.01 |
| Borrowings | 33.01 | 38.99 | 41.96 | 44.95 | 47.96 | 40.01 | 29.97 | 24.01 | 24.99 | 15.01 | 22.01 | 8.01 |
| Other Liabilities | 8.98 | 13.96 | 15.97 | 20.02 | 26.97 | 17.96 | 28.02 | 20.92 | 16.96 | 27.99 | 30.95 | 30.93 |
| Total Liabilities | 51.02 | 46.99 | 66.97 | 60.98 | 62.94 | 61.99 | 73.04 | 61.98 | 62.00 | 56.03 | 47.98 | 60.99 |
| Fixed Assets | 16.98 | 15.97 | 39.94 | 36.96 | 34.94 | 23.96 | 20.98 | 19.98 | 26.98 | 18.99 | 17.98 | 22.97 |
| CWIP | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 3.01 | 3.01 | 0.00 | 5.01 | 2.01 |
| 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 | 32.03 | 29.01 | 25.02 | 22.01 | 24.99 | 36.02 | 50.05 | 38.99 | 32.01 | 38.04 | 24.99 | 36.01 |
| Inventories | 24.95 | 20.56 | 19.28 | 14.48 | 12.93 | 17.47 | 15.45 | 19.34 | 17.17 | 13.94 | 6.11 | 11.32 |
| Trade receivables | 2.19 | 3.04 | 2.83 | 1.29 | 5.25 | 4.14 | 6.29 | 7.43 | 6.46 | 8.88 | 3.66 | 4.36 |
| Cash & equivalents | 0.50 | 0.77 | 0.45 | 0.35 | 0.82 | 0.16 | 3.66 | 0.06 | 0.76 | 0.13 | 0.40 | 0.32 |
| Total Assets | 51.02 | 46.99 | 66.97 | 60.98 | 62.94 | 61.99 | 73.04 | 61.98 | 62.00 | 56.03 | 47.98 | 60.99 |
| 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 | 0.99 | 0.00 | 0.99 | 0.99 | 0.00 | −6.99 | −1.99 | −5.99 | 2.99 | 0.00 | −0.99 | −17.98 |
| Cash from investing activity | −1.99 | −0.99 | 0.00 | 2.99 | 2.01 | 9.01 | 19.01 | 11.01 | 0.00 | 10.01 | −4.99 | −4.01 |
| Cash from financing activity | 0.99 | 0.99 | −0.99 | −3.99 | −1.99 | −2.99 | −12.95 | −7.97 | −1.99 | −9.97 | 6.97 | 20.94 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.99 | 3.98 | −3.99 | 0.99 | −0.99 | 0.00 | 0.00 |
| Capex | 5.27 | 0.69 | 0.07 | 0.00 | 0.00 | 0.02 | 0.09 | 2.06 | 6.55 | 0.16 | 5.27 | 4.17 |
| Free cash flow | −1.01 | −0.99 | 0.99 | 4.01 | 2.01 | 2.01 | 9.01 | −6.01 | 2.99 | 10.01 | −6.01 | −22.01 |
| CFO / OP % | −35.0% | 4.0% | −20.0% | −14.0% | −12.0% | 533.0% | 306.0% | −549.0% | −77.0% | −7.0% | 12.0% | 189.0% |
| 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 | 48 | 51 | 64 | 54 | 94 | 126 | 153 | 78 | 61 | 109 | 105 | 67 |
| Inventory days | 621 | 496 | 689 | 677 | 267 | 1,291 | 823 | 405 | 303 | 262 | 263 | 321 |
| Days payable | 130 | 128 | 213 | 274 | 257 | 701 | 371 | 78 | 155 | 139 | 394 | 271 |
| Cash conversion cycle | 540 | 420 | 542 | 457 | 105 | 718 | 605 | 406 | 210 | 233 | −25 | 118 |
| Working capital days | −9 | −149 | −388 | −1,205 | −528 | 215 | 216 | 137 | 106 | 77 | −473 | −234 |
| ROCE % | −6.0% | −17.1% | −14.0% | −16.0% | −11.1% | −1.0% | −1.0% | 3.0% | −6.0% | −11.1% | −40.1% | −44.0% |
For the Mar 2026 quarter, Ecoboard Industries reported sales of ₹7.91 Cr, up 334.6% year on year and net profit of −₹2.98 Cr. The operating margin was −41.4%.
Ecoboard Industries' sales for the year to Mar 2026 were ₹24.06 Cr; over the last twelve months they were ₹23.97 Cr.
Net profit for the year to Mar 2026 was −₹9.99 Cr, and −₹10.04 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−4.25.
Ecoboard Industries reported borrowings of ₹8.01 Cr at Mar 2026, against cash and equivalents of ₹0.32 Cr.
Cash from operations was −₹17.98 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹22.01 Cr.