Narmada Gelatines (BSE 526739)₹453.05+4.15%Specialty Chemicals
In the Jun 2026 quarter (consolidated), Narmada Gelatines reported sales of ₹56.34 Cr, up 23.1% from Jun 2025, and net profit of ₹9.32 Cr, up 56.1% year on year. For the year to Mar 2026, sales were ₹215 Cr and net profit ₹30.96 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 47.99 | 49.76 | 45.76 | 51.19 | 56.68 | 61.69 | 56.34 |
| Expenses | 41.29 | 42.14 | 38.09 | 41.68 | 45.87 | 47.78 | 44.52 |
| Operating Profit | 6.57 | 7.46 | 7.51 | 9.34 | 10.66 | 13.74 | 11.71 |
| OPM % | 13.8% | 15.1% | 16.5% | 18.3% | 18.9% | 22.4% | 20.9% |
| Other Income | 0.44 | 0.72 | 1.05 | 0.97 | 1.06 | 0.78 | 1.29 |
| Interest | 0.56 | 0.37 | 0.25 | 0.21 | 0.30 | 0.30 | 0.16 |
| Depreciation | 0.57 | 0.56 | 0.66 | 0.66 | 0.66 | 0.93 | 0.77 |
| Profit before tax | 5.89 | 7.26 | 7.66 | 9.45 | 10.77 | 13.33 | 12.10 |
| Tax % | 25.1% | 17.1% | 22.0% | 27.2% | 22.1% | 23.3% | 22.8% |
| Net Profit | 4.41 | 6.02 | 5.97 | 6.88 | 8.39 | 10.20 | 9.32 |
| EPS (Rs) | 7.28 | 9.94 | 9.85 | 11.34 | 13.85 | 16.82 | 15.38 |
| Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|
| Sales | 189 | 215 | 226 |
| Expenses | 163 | 173 | 180 |
| Operating Profit | 24.98 | 40.95 | 45.45 |
| OPM % | 13.0% | 19.1% | 20.1% |
| Other Income | 2.01 | 4.01 | 4.10 |
| Interest | 1.01 | 1.01 | 0.97 |
| Depreciation | 2.01 | 3.01 | 3.02 |
| Profit before tax | 23.98 | 41.02 | 45.65 |
| Tax % | 24.0% | 24.0% | — |
| Exceptional items | 1.01 | 0.00 | — |
| Net Profit | 17.99 | 30.96 | 34.79 |
| EPS (Rs) | 29.71 | 51.88 | 57.39 |
| Dividend payout % | 34.0% | 21.0% | — |
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 6.01 | 6.00 |
| Reserves | 114 | 139 |
| Borrowings | 13.00 | 7.99 |
| Other Liabilities | 26.87 | 25.87 |
| Total Liabilities | 160 | 179 |
| Fixed Assets | 33.02 | 41.01 |
| CWIP | 6.98 | 5.98 |
| Investments | 41.95 | 44.92 |
| Other Assets | 78.05 | 87.01 |
| Inventories | 46.43 | 48.66 |
| Trade receivables | 24.91 | 29.11 |
| Cash & equivalents | 0.44 | 4.06 |
| Total Assets | 160 | 179 |
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Cash from operating activity | 15.94 | 24.90 |
| Cash from investing activity | −28.91 | −12.95 |
| Cash from financing activity | 4.99 | −11.97 |
| Net cash flow | −6.98 | 0.00 |
| Capex | 14.65 | 9.69 |
| Free cash flow | 1.01 | 15.03 |
| CFO / OP % | 88.0% | 79.0% |
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor days | 48 | 49 |
| Inventory days | 155 | 156 |
| Days payable | 56 | 38 |
| Cash conversion cycle | 145 | 165 |
| Working capital days | 89 | 98 |
| ROCE % | — | 29.9% |
For the Jun 2026 quarter, Narmada Gelatines reported sales of ₹56.34 Cr, up 23.1% year on year and net profit of ₹9.32 Cr, up 56.1% year on year. The operating margin was 20.9%.
Narmada Gelatines' sales for the year to Mar 2026 were ₹215 Cr; over the last twelve months they were ₹226 Cr.
Net profit for the year to Mar 2026 was ₹30.96 Cr, and ₹34.79 Cr over the last twelve months. Earnings per share over the same trailing period were ₹57.39.
Narmada Gelatines reported borrowings of ₹7.99 Cr at Mar 2026, against cash and equivalents of ₹4.06 Cr.
Cash from operations was ₹24.90 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹15.03 Cr.