Multibase India (BSE 526169)₹178.10+0.62%Specialty Chemicals
In the Mar 2026 quarter (standalone), Multibase India reported sales of ₹17.81 Cr, up 11.4% from Mar 2025, and net profit of ₹1.98 Cr, down 51.2% year on year. For the year to Mar 2026, sales were ₹67.17 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 | 18.12 | 16.29 | 15.77 | 14.68 | 19.28 | 18.47 | 17.19 | 15.99 | 16.80 | 18.56 | 13.57 | 17.81 |
| Expenses | 16.19 | 15.21 | 13.64 | 11.50 | 15.66 | 14.45 | 14.81 | 11.18 | 14.33 | 15.19 | 9.70 | 16.01 |
| Operating Profit | 1.91 | 1.08 | 2.13 | 3.16 | 3.59 | 4.00 | 2.36 | 4.78 | 2.44 | 3.36 | 3.84 | 1.77 |
| OPM % | 10.5% | 6.6% | 13.5% | 21.6% | 18.7% | 21.7% | 13.8% | 30.1% | 14.6% | 18.2% | 28.5% | 10.0% |
| Other Income | 1.68 | 1.79 | 1.89 | 2.46 | 1.94 | 2.03 | 1.14 | 0.99 | 0.88 | 0.78 | 0.85 | 1.17 |
| Interest | 0.03 | 0.00 | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.32 | 0.21 | 0.26 | 0.27 | 0.28 | 0.29 | 0.30 | 0.31 | 0.25 | 0.29 | 0.30 | 0.36 |
| Profit before tax | 3.25 | 2.66 | 3.76 | 5.27 | 5.25 | 5.74 | 3.20 | 5.46 | 3.07 | 3.86 | 4.40 | 2.58 |
| Tax % | 25.5% | 24.8% | 27.1% | 25.4% | 25.5% | 25.4% | 25.9% | 25.4% | 25.4% | 25.9% | 25.7% | 22.8% |
| Net Profit | 2.43 | 2.00 | 2.75 | 3.94 | 3.91 | 4.28 | 2.37 | 4.06 | 2.29 | 2.85 | 3.27 | 1.98 |
| EPS (Rs) | 1.94 | 1.60 | 2.20 | 3.14 | 3.12 | 3.41 | 1.90 | 3.24 | 1.83 | 2.28 | 2.61 | 1.59 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 70.12 | 86.12 | 109 | 110 | 60.13 | 53.09 | 62.11 | 72.10 | 65.15 | 71.19 | 67.17 | 66.74 |
| Expenses | 56.17 | 68.16 | 80.16 | 90.29 | 53.14 | 47.15 | 56.10 | 63.17 | 56.09 | 56.16 | 55.09 | 55.23 |
| Operating Profit | 13.94 | 18.92 | 28.87 | 19.91 | 6.97 | 6.97 | 6.97 | 9.97 | 7.97 | 14.95 | 10.96 | 11.41 |
| OPM % | 19.9% | 21.9% | 25.9% | 18.0% | 11.0% | 12.9% | 11.0% | 12.9% | 13.0% | 21.0% | 16.9% | 17.1% |
| Other Income | 2.01 | 2.01 | 2.01 | 3.01 | 4.01 | 4.01 | 3.01 | 5.01 | 8.01 | 6.01 | 4.01 | 3.68 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.20 |
| Profit before tax | 14.96 | 19.96 | 29.95 | 21.97 | 9.97 | 9.97 | 8.98 | 12.97 | 14.96 | 19.96 | 13.98 | 13.91 |
| Tax % | 35.0% | 35.0% | 35.1% | 30.0% | 24.1% | 32.0% | 27.0% | 26.1% | 26.0% | 26.0% | 25.1% | — |
| Exceptional items | −0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | −0.02 | −0.02 | 0.00 | — |
| Net Profit | 9.99 | 12.98 | 19.99 | 14.99 | 7.99 | 6.99 | 5.99 | 9.99 | 10.99 | 14.99 | 9.99 | 10.39 |
| EPS (Rs) | 7.86 | 10.55 | 15.55 | 12.20 | 5.99 | 5.34 | 5.04 | 7.79 | 8.86 | 11.65 | 8.29 | 8.31 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 38.0% | 20.0% | 26.0% | 34.0% | 457.0% | 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 | 13.00 | 13.00 | 12.98 | 12.97 | 12.98 | 12.98 | 12.98 | 12.98 | 12.98 | 12.98 | 12.98 | 12.99 |
| Reserves | 28.96 | 37.93 | 51.94 | 70.87 | 86.88 | 93.85 | 101 | 105 | 113 | 122 | 65.95 | 75.90 |
| Borrowings | 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 Liabilities | 6.03 | 8.04 | 12.06 | 32.00 | 12.05 | 10.05 | 11.97 | 12.06 | 11.06 | 10.05 | 10.05 | 14.06 |
| Total Liabilities | 46.99 | 58.97 | 76.98 | 116 | 111 | 117 | 126 | 130 | 137 | 144 | 88.98 | 103 |
| Fixed Assets | 5.01 | 8.01 | 9.01 | 10.01 | 10.01 | 11.01 | 10.01 | 11.01 | 11.01 | 11.99 | 13.01 | 13.01 |
| 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 | 41.98 | 50.96 | 67.97 | 106 | 101 | 106 | 115 | 119 | 126 | 133 | 75.97 | 89.94 |
| Inventories | 8.99 | 13.01 | 19.01 | 24.03 | 17.01 | 12.01 | 12.01 | 13.02 | 7.99 | 11.99 | 14.01 | 11.01 |
| Trade receivables | 10.01 | 12.99 | 19.02 | 24.02 | 18.02 | 12.01 | 10.99 | 11.01 | 11.01 | 9.01 | 10.01 | 14.01 |
| Cash & equivalents | 18.06 | 23.07 | 27.10 | 53.19 | 49.15 | 80.31 | 91.31 | 94.35 | 104 | 111 | 51.21 | 65.21 |
| Total Assets | 46.99 | 58.97 | 76.98 | 116 | 111 | 117 | 126 | 130 | 137 | 144 | 88.98 | 103 |
| 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 | 6.99 | 6.99 | 4.99 | 24.96 | 4.99 | 19.96 | 9.99 | 4.99 | 8.98 | 4.99 | 5.99 | 12.98 |
| Cash from investing activity | −9.01 | 7.01 | 4.01 | −30.05 | 32.05 | 0.00 | 2.01 | 1.01 | 3.01 | 4.01 | 3.01 | 1.01 |
| Cash from financing activity | 0.00 | 0.00 | 0.00 | 0.00 | −10.03 | 10.03 | 0.00 | −2.01 | −1.01 | −3.01 | −71.24 | 0.00 |
| Net cash flow | −0.99 | 13.95 | 7.96 | −4.98 | 25.91 | 30.90 | 11.96 | 2.99 | 9.96 | 5.97 | −61.81 | 13.94 |
| Capex | 1.11 | 3.24 | 1.75 | 1.71 | 1.21 | 1.53 | 0.33 | 1.70 | 1.11 | 1.93 | 2.17 | 1.76 |
| Free cash flow | 6.01 | 4.01 | 3.01 | 23.08 | 4.01 | 19.06 | 9.03 | 3.01 | 8.03 | 3.01 | 4.01 | 11.02 |
| CFO / OP % | 105.1% | 89.1% | 57.1% | 128.0% | 59.1% | 347.1% | 166.1% | 101.1% | 128.1% | 106.1% | 71.1% | 138.1% |
| 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 | 60 | 67 | 81 | 80 | 61 | 71 | 77 | 64 | 58 | 51 | 52 | 74 |
| Inventory days | 83 | 105 | 127 | 131 | 82 | 105 | 122 | 102 | 60 | 94 | 115 | 93 |
| Days payable | 35 | 51 | 65 | 156 | 42 | 71 | 100 | 78 | 54 | 53 | 39 | 68 |
| Cash conversion cycle | 109 | 121 | 145 | 57 | 102 | 107 | 99 | 89 | 65 | 92 | 129 | 100 |
| Working capital days | 104 | 102 | 120 | 71 | 130 | 97 | 89 | 77 | 61 | 76 | 84 | 71 |
| ROCE % | 29.0% | 33.0% | 34.9% | 39.9% | 24.0% | 9.9% | 8.9% | 8.0% | 10.9% | 11.9% | 19.0% | 16.9% |
For the Mar 2026 quarter, Multibase India reported sales of ₹17.81 Cr, up 11.4% year on year and net profit of ₹1.98 Cr, down 51.2% year on year. The operating margin was 10.0%.
Multibase India's sales for the year to Mar 2026 were ₹67.17 Cr; over the last twelve months they were ₹66.74 Cr.
Net profit for the year to Mar 2026 was ₹9.99 Cr, and ₹10.39 Cr over the last twelve months. Earnings per share over the same trailing period were ₹8.31.
Multibase India reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹65.21 Cr.
Cash from operations was ₹12.98 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹11.02 Cr.