Norris Medicines (BSE 524414)₹14.25−5.00%Trading & Distributors
In the Mar 2026 quarter (standalone), Norris Medicines reported sales of ₹1.40 Cr, down 48.3% from Mar 2025, and net profit of ₹0.06 Cr. For the year to Mar 2026, sales were ₹8.10 Cr and net profit −₹0.29 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 | 0.94 | 2.55 | 0.64 | 1.48 | 0.71 | 1.26 | 1.10 | 2.71 | 1.45 | 1.99 | 3.26 | 1.40 |
| Expenses | 1.32 | 2.79 | 0.68 | 1.00 | 0.87 | 1.41 | 1.13 | 2.64 | 1.55 | 2.48 | 2.31 | 1.10 |
| Operating Profit | −0.37 | −0.23 | −0.05 | 0.47 | −0.17 | −0.16 | −0.04 | 0.06 | −0.11 | −0.50 | 0.96 | 0.31 |
| OPM % | −40.1% | −9.5% | −6.2% | 32.2% | −22.3% | −11.9% | −2.7% | 2.6% | −6.9% | −24.6% | 29.0% | 21.2% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.04 | 0.02 | 0.00 | 0.00 | 0.06 | 0.03 | 0.00 | 0.00 | 0.03 |
| Interest | 0.08 | 0.08 | 0.08 | 0.10 | 0.07 | 0.07 | 0.11 | 0.14 | 0.10 | 0.10 | 0.12 | 0.14 |
| Depreciation | 0.15 | 0.15 | 0.15 | 0.13 | 0.12 | 0.14 | 0.12 | 0.15 | 0.13 | 0.13 | 0.13 | 0.13 |
| Profit before tax | −0.62 | −0.48 | −0.28 | 0.27 | −0.37 | −0.37 | −0.29 | −0.18 | −0.32 | −0.73 | 0.71 | 0.06 |
| Tax % | 0.0% | 0.0% | 0.0% | 34.7% | 0.0% | 0.0% | 0.0% | 35.4% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Profit | −0.62 | −0.47 | −0.28 | 0.18 | −0.36 | −0.37 | −0.29 | −0.24 | −0.30 | −0.73 | 0.71 | 0.06 |
| EPS (Rs) | −0.62 | −0.49 | −0.28 | 0.18 | −0.38 | −0.37 | −0.29 | −0.24 | −0.32 | −0.73 | 0.71 | 0.06 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18.82 | 20.41 | 13.54 | 16.22 | 7.81 | 12.22 | 9.42 | 8.33 | 5.62 | 5.80 | 8.10 | 8.10 |
| Expenses | 18.00 | 20.42 | 15.45 | 16.84 | 9.98 | 13.97 | 9.51 | 7.42 | 5.80 | 6.07 | 7.46 | 7.44 |
| Operating Profit | 0.84 | 0.00 | −1.93 | −0.62 | −2.17 | −1.76 | −0.09 | 0.94 | −0.16 | −0.25 | 0.67 | 0.66 |
| OPM % | 4.4% | 0.0% | −14.2% | −3.8% | −27.6% | −14.4% | −0.9% | 11.1% | −3.0% | −4.5% | 8.1% | 8.2% |
| Other Income | 0.31 | 0.07 | 0.15 | 0.05 | 0.10 | 0.06 | 0.04 | 0.02 | 0.02 | 0.07 | 0.06 | 0.06 |
| Interest | 0.66 | 0.59 | 0.69 | 0.72 | 0.87 | 1.62 | 1.47 | 1.49 | 0.36 | 0.43 | 0.49 | 0.46 |
| Depreciation | 0.61 | 0.66 | 0.70 | 0.72 | 0.72 | 0.68 | 0.67 | 0.62 | 0.56 | 0.55 | 0.50 | 0.52 |
| Profit before tax | −0.15 | −1.20 | −3.20 | −2.02 | −3.69 | −4.01 | −2.20 | −1.20 | −1.11 | −1.19 | −0.29 | −0.28 |
| Tax % | −128.5% | −35.3% | −21.0% | −16.4% | −22.8% | 24.3% | 49.4% | 47.2% | 8.2% | 5.1% | 0.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.03 | −0.78 | −2.52 | −1.69 | −2.83 | −4.97 | −3.27 | −1.76 | −1.20 | −1.25 | −0.29 | −0.26 |
| EPS (Rs) | 0.05 | −0.78 | −2.52 | −1.69 | −2.85 | −4.97 | −3.27 | −1.76 | −1.20 | −1.25 | −0.29 | −0.28 |
| 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 | 9.94 | 9.94 | 9.92 | 9.94 | 9.92 | 9.92 | 9.94 | 9.92 | 9.93 | 9.93 | 9.91 | 9.92 |
| Reserves | −4.62 | −4.59 | −5.35 | −7.87 | −9.53 | −12.38 | −17.33 | −20.62 | −22.36 | −23.54 | −24.77 | −25.05 |
| Borrowings | 8.19 | 7.53 | 7.59 | 7.73 | 11.28 | 17.97 | 15.56 | 21.13 | 21.43 | 21.56 | 21.63 | 21.60 |
| Other Liabilities | 4.66 | 5.05 | 9.90 | 10.90 | 8.73 | 5.08 | 11.63 | 3.78 | 4.70 | 6.26 | 7.06 | 6.46 |
| Total Liabilities | 18.17 | 17.93 | 22.06 | 20.70 | 20.40 | 20.59 | 19.80 | 14.21 | 13.70 | 14.21 | 13.83 | 12.93 |
| Fixed Assets | 8.58 | 8.32 | 9.94 | 9.29 | 8.87 | 8.22 | 7.64 | 7.05 | 6.45 | 5.78 | 5.25 | 4.78 |
| 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 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Other Assets | 9.57 | 9.59 | 12.10 | 11.39 | 11.51 | 12.35 | 12.14 | 7.14 | 7.23 | 8.41 | 8.56 | 8.13 |
| Inventories | 2.51 | 3.43 | 3.70 | 4.48 | 3.77 | 4.02 | 5.12 | 2.43 | 3.21 | 4.34 | 4.14 | 3.99 |
| Trade receivables | 3.76 | 2.76 | 4.71 | 2.46 | 3.00 | 2.75 | 1.78 | 1.08 | 1.09 | 1.05 | 1.40 | 1.16 |
| Cash & equivalents | 0.19 | −0.10 | 0.04 | 0.09 | 0.07 | 0.05 | 0.01 | 0.01 | 0.01 | 0.03 | 0.03 | 0.01 |
| Total Assets | 18.17 | 17.93 | 22.06 | 20.70 | 20.40 | 20.59 | 19.80 | 14.21 | 13.70 | 14.21 | 13.83 | 12.93 |
| 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 | −1.42 | 1.34 | −0.95 | 0.79 | −1.91 | −2.87 | 1.10 | −1.00 | 1.19 | 0.16 | 0.50 | 0.57 |
| Cash from investing activity | −0.89 | −0.35 | −2.06 | −0.09 | −0.30 | 0.00 | −0.07 | −0.10 | −0.03 | 0.06 | 0.00 | −0.09 |
| Cash from financing activity | 0.11 | −1.33 | 3.17 | −0.67 | 2.19 | 2.87 | −1.10 | 1.11 | −1.19 | −0.21 | −0.51 | −0.53 |
| Net cash flow | −2.22 | −0.32 | 0.16 | 0.07 | −0.03 | −0.03 | −0.05 | 0.00 | 0.00 | 0.03 | 0.00 | −0.03 |
| Capex | 0.86 | 0.31 | 2.27 | 0.05 | 0.28 | 0.07 | 0.08 | 0.05 | 0.02 | 0.00 | 0.01 | 0.00 |
| Free cash flow | −2.31 | 1.04 | −3.25 | 0.75 | −2.22 | −2.97 | 1.03 | −1.08 | 1.18 | 0.27 | 0.50 | 0.58 |
| CFO / OP % | −83.9% | 163.1% | — | −41.9% | 315.0% | 133.1% | −62.9% | 1,262.1% | 129.1% | −99.9% | −195.9% | 88.1% |
| 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 | 74 | 54 | 84 | 66 | 68 | 128 | 53 | 42 | 48 | 69 | 88 | 53 |
| Inventory days | 100 | 134 | 130 | 239 | 135 | 324 | 213 | 157 | 348 | 594 | 437 | 338 |
| Days payable | 113 | 100 | 126 | 253 | 141 | 234 | 220 | 88 | 151 | 245 | 273 | 223 |
| Cash conversion cycle | 62 | 89 | 88 | 53 | 63 | 219 | 47 | 113 | 246 | 419 | 253 | 168 |
| Working capital days | 27 | 34 | −17 | −92 | −34 | −32 | −105 | −99 | −123 | −204 | −242 | −169 |
| ROCE % | 4.0% | 4.0% | −4.1% | −22.9% | −12.0% | −20.7% | −20.1% | −7.7% | 3.2% | −8.4% | −10.1% | 3.4% |
For the Mar 2026 quarter, Norris Medicines reported sales of ₹1.40 Cr, down 48.3% year on year and net profit of ₹0.06 Cr. The operating margin was 21.2%.
Norris Medicines' sales for the year to Mar 2026 were ₹8.10 Cr; over the last twelve months they were ₹8.10 Cr.
Net profit for the year to Mar 2026 was −₹0.29 Cr, and −₹0.26 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.28.
Norris Medicines reported borrowings of ₹21.60 Cr at Mar 2026, against cash and equivalents of ₹0.01 Cr.
Cash from operations was ₹0.57 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.58 Cr.