Camex (BSE 524440)₹49.19+2.44%Commodity Chemicals
In the Mar 2026 quarter (standalone), Camex reported sales of ₹41.21 Cr, up 11.3% from Mar 2025, and net profit of ₹1.82 Cr, up 1,037.5% year on year. For the year to Mar 2026, sales were ₹150 Cr and net profit ₹3.01 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 | 34.00 | 35.07 | 34.24 | 37.44 | 33.71 | 34.26 | 28.12 | 37.04 | 34.22 | 37.06 | 36.48 | 41.21 |
| Expenses | 34.32 | 34.01 | 33.03 | 35.34 | 32.83 | 32.90 | 28.49 | 35.02 | 32.84 | 36.81 | 35.09 | 38.73 |
| Operating Profit | −0.28 | 1.10 | 1.21 | 2.09 | 0.88 | 1.37 | −0.36 | 2.05 | 1.39 | 0.26 | 1.41 | 2.47 |
| OPM % | −0.9% | 3.1% | 3.5% | 5.6% | 2.6% | 4.0% | −1.3% | 5.6% | 4.1% | 0.7% | 3.9% | 6.0% |
| Other Income | 0.38 | 0.45 | 0.53 | 0.26 | 0.34 | 1.16 | 0.30 | −1.02 | 0.10 | 0.09 | 0.08 | 0.38 |
| Interest | 0.24 | 0.20 | 0.11 | 0.17 | 0.32 | 0.44 | 0.30 | 0.23 | 0.21 | 0.39 | 0.25 | 0.20 |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.10 | 0.36 | 0.11 | 0.25 | 0.19 | 0.20 |
| Profit before tax | −0.24 | 1.25 | 1.55 | 2.10 | 0.81 | 2.02 | −0.49 | 0.45 | 1.18 | −0.28 | 1.06 | 2.46 |
| Tax % | 0.0% | 21.5% | 24.7% | 25.9% | 24.4% | 27.4% | −35.4% | 69.6% | 24.0% | −3.4% | 21.9% | 26.6% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −0.25 | 1.00 | 1.17 | 1.56 | 0.62 | 1.47 | −0.33 | 0.16 | 0.91 | −0.29 | 0.83 | 1.82 |
| EPS (Rs) | −0.25 | 0.98 | 1.15 | 1.53 | 0.61 | 1.44 | −0.32 | 0.16 | 0.89 | −0.28 | 0.81 | 1.78 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 102 | 103 | 121 | 139 | 122 | 143 | 161 | 131 | 141 | 133 | 150 | 149 |
| Expenses | 97.59 | 98.64 | 116 | 134 | 119 | 139 | 159 | 132 | 136 | 130 | 143 | 143 |
| Operating Profit | 3.99 | 3.99 | 5.99 | 6.98 | 2.99 | 2.99 | 1.99 | 0.00 | 4.99 | 3.99 | 5.99 | 5.53 |
| OPM % | 3.7% | 4.1% | 4.8% | 4.7% | 2.6% | 1.9% | 1.3% | 0.3% | 3.3% | 3.0% | 3.7% | 3.7% |
| Other Income | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 1.01 | 5.01 | 2.01 | 1.01 | 1.01 | 1.01 | 0.65 |
| Interest | 1.99 | 1.99 | 1.99 | 1.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.05 |
| Depreciation | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 0.00 | 0.00 | 1.01 | 1.01 | 0.75 |
| Profit before tax | 1.01 | 2.01 | 3.01 | 4.01 | 1.01 | 1.99 | 5.01 | 0.99 | 5.01 | 2.99 | 4.01 | 4.42 |
| Tax % | 33.0% | 34.0% | 34.0% | 23.0% | 29.0% | 18.0% | 17.0% | 29.0% | 26.0% | 32.0% | 26.0% | — |
| Exceptional items | −0.02 | 0.40 | 0.04 | −0.03 | 0.00 | 0.07 | 2.30 | 0.07 | 0.00 | −0.11 | 0.32 | 0.00 |
| Net Profit | 1.01 | 2.01 | 2.01 | 3.01 | 1.01 | 2.01 | 4.01 | 1.01 | 3.01 | 2.01 | 3.01 | 3.27 |
| EPS (Rs) | 0.91 | 1.61 | 2.10 | 3.09 | 0.95 | 1.97 | 4.14 | 0.61 | 3.40 | 1.86 | 3.19 | 3.20 |
| 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 | 9.99 | 10.00 | 10.00 | 9.99 | 9.98 | 9.99 | 9.99 | 10.01 | 10.00 | 10.01 | 9.99 | 10.00 |
| Reserves | 11.99 | 12.00 | 14.00 | 15.98 | 18.98 | 19.98 | 21.97 | 27.01 | 26.99 | 31.00 | 32.99 | 36.00 |
| Borrowings | 19.03 | 14.03 | 20.03 | 29.01 | 14.02 | 3.01 | 17.03 | 9.02 | 5.01 | 8.02 | 1.01 | 8.01 |
| Other Liabilities | 10.03 | 10.05 | 11.05 | 11.06 | 14.06 | 17.08 | 27.13 | 15.07 | 16.08 | 13.06 | 17.09 | 17.08 |
| Total Liabilities | 51.04 | 46.08 | 55.08 | 66.04 | 57.04 | 50.06 | 77.12 | 60.11 | 59.08 | 61.09 | 62.08 | 71.09 |
| Fixed Assets | 6.99 | 7.01 | 8.01 | 8.99 | 8.99 | 8.99 | 7.99 | 3.01 | 2.01 | 1.99 | 7.99 | 7.99 |
| CWIP | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.01 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 43.05 | 38.06 | 47.07 | 57.05 | 48.05 | 41.07 | 69.13 | 50.09 | 56.07 | 59.10 | 54.09 | 59.09 |
| Inventories | 9.55 | 6.65 | 10.75 | 12.01 | 12.45 | 8.89 | 15.69 | 6.36 | 10.36 | 8.07 | 13.09 | 13.98 |
| Trade receivables | 27.58 | 24.29 | 27.83 | 34.29 | 31.61 | 25.93 | 38.32 | 30.85 | 29.64 | 23.83 | 21.97 | 28.79 |
| Cash & equivalents | 0.65 | 1.16 | 2.30 | 3.43 | 0.80 | 0.76 | 1.10 | 1.25 | 3.44 | 11.07 | 4.13 | 2.38 |
| Total Assets | 51.04 | 46.08 | 55.08 | 66.04 | 57.04 | 50.06 | 77.12 | 60.11 | 59.08 | 61.09 | 62.08 | 71.09 |
| 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 | 24.06 | 8.02 | −2.01 | −5.01 | 17.04 | 12.03 | −15.04 | 10.04 | −3.01 | 5.02 | 7.02 | −3.01 |
| Cash from investing activity | −2.01 | −1.01 | 0.00 | −2.01 | −1.01 | 0.00 | 1.01 | 0.00 | 9.03 | 1.01 | −4.01 | −5.01 |
| Cash from financing activity | −21.01 | −6.01 | 3.01 | 7.01 | −17.01 | −12.01 | 14.02 | −10.01 | −5.01 | 1.99 | −9.01 | 6.01 |
| Net cash flow | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 7.99 | −6.99 | −1.99 |
| Capex | 2.39 | 1.41 | 1.01 | 2.34 | 0.98 | 0.21 | 0.19 | 1.08 | 0.44 | 0.08 | 5.88 | 5.30 |
| Free cash flow | 21.91 | 6.97 | −2.99 | −6.98 | 15.95 | 11.96 | −15.94 | 15.94 | −2.99 | 4.99 | 1.99 | −7.97 |
| CFO / OP % | 447.0% | 220.0% | −44.0% | −82.0% | 280.0% | 410.1% | −539.0% | 502.0% | −343.0% | 114.0% | 197.0% | −36.0% |
| 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 | 68 | 87 | 98 | 103 | 82 | 77 | 98 | 70 | 82 | 61 | 60 | 70 |
| Inventory days | 28 | 29 | 45 | 43 | 39 | 32 | 46 | 17 | 32 | 24 | 41 | 40 |
| Days payable | 25 | 29 | 28 | 21 | 36 | 47 | 71 | 32 | 45 | 32 | 50 | 44 |
| Cash conversion cycle | 70 | 85 | 114 | 122 | 82 | 60 | 71 | 53 | 66 | 51 | 50 | 64 |
| Working capital days | 39 | 61 | 65 | 68 | 59 | 62 | 78 | 74 | 100 | 84 | 87 | 86 |
| ROCE % | 10.1% | 8.1% | 9.1% | 11.1% | 12.1% | 6.0% | 7.1% | 7.1% | 4.0% | 12.1% | 9.1% | 11.1% |
For the Mar 2026 quarter, Camex reported sales of ₹41.21 Cr, up 11.3% year on year and net profit of ₹1.82 Cr, up 1,037.5% year on year. The operating margin was 6.0%.
Camex's sales for the year to Mar 2026 were ₹150 Cr; over the last twelve months they were ₹149 Cr.
Net profit for the year to Mar 2026 was ₹3.01 Cr, and ₹3.27 Cr over the last twelve months. Earnings per share over the same trailing period were ₹3.20.
Camex reported borrowings of ₹8.01 Cr at Mar 2026, against cash and equivalents of ₹2.38 Cr.
Cash from operations was −₹3.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹7.97 Cr.