Spice Islands Industries quarterly results and financials

Spice Islands Industries (BSE 526827)₹134.80+0.33%(9 Nov 2026 close)Gems, Jewellery And Watches

Key facts

In the Mar 2026 quarter (standalone), Spice Islands Industries reported sales of ₹10.88 Cr, up 3,197.0% from Mar 2025, and net profit of ₹3.10 Cr, up 97.5% year on year. For the year to Mar 2026, sales were ₹17.85 Cr and net profit ₹5.67 Cr.

Sales (Mar 2026): ₹10.88 Cr
Net profit (Mar 2026): ₹3.10 Cr
Sales (FY Mar 2026): ₹17.85 Cr
Net profit (FY Mar 2026): ₹5.67 Cr
EPS (Mar 2026): ₹4.95
Borrowings (Mar 2026): ₹0.60 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Spice Islands Industries quarterly results

₹ crore unless stated; each column is a quarter.

Spice Islands Industries Quarterly results
	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	0.19	0.12	0.09	0.47	0.00	0.09	0.32	0.33	1.92	1.73	3.31	10.88
Expenses	0.14	0.11	0.19	0.50	0.14	0.45	0.61	0.57	1.67	1.66	2.32	9.80
Operating Profit	0.08	0.04	−0.09	−0.02	−0.14	−0.35	−0.28	−0.23	0.28	0.10	1.02	1.14
OPM %	34.9%	23.0%	−80.0%	−2.1%	—	−340.1%	−81.9%	−64.7%	14.0%	5.2%	30.4%	10.3%
Other Income	0.00	0.07	0.17	0.15	0.23	0.05	0.08	1.80	0.08	0.71	0.47	1.99
Interest	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.04
Depreciation	0.00	0.00	0.00	0.00	0.02	0.00	0.01	0.01	0.01	0.01	0.01	0.01
Profit before tax	0.06	0.09	0.08	0.13	0.07	−0.30	−0.22	1.57	0.34	0.79	1.47	3.09
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	220.7%	4.7%	0.0%	0.0%	0.0%	0.0%	−0.3%
Net Profit	0.06	0.09	0.08	0.12	0.07	−0.94	−0.22	1.57	0.34	0.79	1.47	3.10
EPS (Rs)	0.11	0.18	0.15	0.25	0.13	−2.15	−0.48	3.62	0.76	1.80	2.33	4.95

Spice Islands Industries profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Spice Islands Industries Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	22.89	17.68	28.77	16.99	15.62	6.58	2.67	0.85	0.00	0.77	17.85	17.84
Expenses	22.84	19.57	30.47	21.29	18.37	8.22	3.61	1.04	0.92	1.75	15.44	15.45
Operating Profit	0.19	−1.81	−1.58	−4.21	−2.71	−1.62	−0.93	−0.18	−0.92	−0.97	2.49	2.54
OPM %	0.8%	−10.2%	−5.5%	−24.7%	−17.3%	−24.4%	−34.4%	−19.8%	−1.1%	−123.1%	13.8%	14.2%
Other Income	0.80	1.03	1.21	0.51	0.41	−0.12	−0.12	0.16	1.32	2.19	3.28	3.25
Interest	0.16	0.23	0.42	0.42	0.28	0.13	0.10	0.05	0.05	0.05	0.06	0.04
Depreciation	0.48	0.46	0.48	0.47	0.38	0.29	0.14	0.03	0.03	0.05	0.07	0.04
Profit before tax	0.34	−1.48	−1.28	−4.60	−2.97	−2.19	−1.32	−0.11	0.33	1.13	5.65	5.69
Tax %	15.1%	5.4%	3.9%	−14.6%	−1.0%	0.0%	0.8%	19.9%	0.0%	57.1%	−0.4%	—
Exceptional items	0.00	0.99	0.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Net Profit	0.29	−1.55	−1.33	−3.92	−2.95	−2.19	−1.33	−0.13	0.33	0.49	5.67	5.70
EPS (Rs)	0.64	−3.57	−3.06	−9.08	−6.83	−5.06	−3.06	−0.27	0.73	1.11	9.07	9.84
Dividend payout %	115.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	17.5%	—

Spice Islands Industries balance sheet

₹ crore, at each year end.

Spice Islands Industries Balance sheet
	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	4.31	4.31	4.31	4.31	4.31	4.30	4.30	4.30	4.30	4.30	4.30	6.25
Reserves	8.85	8.75	6.81	5.50	1.58	−1.35	−3.53	−4.81	−4.92	−4.60	−1.94	7.79
Borrowings	0.21	1.09	2.53	4.81	3.46	1.92	2.02	0.88	0.64	0.63	1.28	0.60
Other Liabilities	2.57	1.81	1.89	3.42	2.55	3.50	2.24	3.16	1.92	0.94	1.44	3.08
Total Liabilities	15.94	15.96	15.54	18.04	11.90	8.37	5.03	3.53	1.94	1.27	5.08	17.72
Fixed Assets	1.93	2.88	3.07	3.11	2.22	2.07	1.24	0.83	0.59	0.20	0.75	2.81
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	2.35	2.87	2.95	2.70	1.80	0.18	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	11.66	10.21	9.52	12.23	7.88	6.12	3.79	2.70	1.35	1.07	4.33	14.91
Inventories	1.66	1.59	1.02	0.87	1.06	0.74	0.12	0.03	0.00	0.00	0.14	0.20
Trade receivables	0.79	1.43	2.52	5.77	2.24	1.11	0.67	0.76	0.05	0.10	1.17	2.85
Cash & equivalents	2.48	2.38	2.25	1.12	0.77	0.93	0.44	0.16	0.08	0.19	0.35	4.37
Total Assets	15.94	15.96	15.54	18.04	11.90	8.37	5.03	3.53	1.94	1.27	5.08	17.72

Spice Islands Industries cash flow

₹ crore, for each year.

Spice Islands Industries Cash flow
	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	−2.65	1.57	−1.79	−3.44	0.83	−0.25	−0.91	0.77	0.08	−0.21	0.31	2.95
Cash from investing activity	0.73	−1.36	0.84	0.39	0.55	2.11	0.49	0.16	0.14	0.36	−2.92	−5.70
Cash from financing activity	−0.61	−0.28	0.78	1.91	−1.71	−1.71	−0.07	−1.19	−0.29	−0.05	2.76	5.27
Net cash flow	−2.53	−0.11	−0.14	−1.14	−0.36	0.17	−0.49	−0.29	−0.09	0.11	0.17	2.53
Capex	0.34	1.84	0.66	0.54	0.04	0.09	0.07	0.11	0.00	0.00	2.90	4.21
Free cash flow	−2.92	0.11	−2.43	−3.93	0.88	−0.23	−0.44	0.86	0.21	0.16	−2.60	−1.27
CFO / OP %	−439.0%	899.9%	95.0%	218.0%	−20.1%	9.0%	55.9%	−83.1%	52.9%	18.0%	−32.1%	119.0%

Spice Islands Industries ratios

Working-capital days and returns, by year.

Spice Islands Industries Ratios
	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	11	22	51	72	47	25	37	104	24	—	551	57
Inventory days	60	64	61	21	52	39	9	3	0	—	100	8
Days payable	39	28	54	43	67	57	40	55	—	—	93	23
Cash conversion cycle	34	59	60	53	34	9	8	54	25	—	560	44
Working capital days	52	53	61	33	3	−23	−110	−339	−675	—	−487	50
ROCE %	6.0%	2.3%	−14.1%	−11.4%	−34.3%	−36.4%	−46.5%	−61.3%	5.6%	211.8%	59.5%	62.4%

Spice Islands Industries: frequently asked questions

What are the latest quarterly results of Spice Islands Industries?

For the Mar 2026 quarter, Spice Islands Industries reported sales of ₹10.88 Cr, up 3,197.0% year on year and net profit of ₹3.10 Cr, up 97.5% year on year. The operating margin was 10.3%.

What is the annual revenue of Spice Islands Industries?

Spice Islands Industries' sales for the year to Mar 2026 were ₹17.85 Cr; over the last twelve months they were ₹17.84 Cr.

What is the net profit of Spice Islands Industries?

Net profit for the year to Mar 2026 was ₹5.67 Cr, and ₹5.70 Cr over the last twelve months. Earnings per share over the same trailing period were ₹9.84.

How much debt does Spice Islands Industries have?

Spice Islands Industries reported borrowings of ₹0.60 Cr at Mar 2026, against cash and equivalents of ₹4.37 Cr.

What is the free cash flow of Spice Islands Industries?

Cash from operations was ₹2.95 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹1.27 Cr.

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