Virat Industries (BSE 530521)₹372.95+2.12%Garments & Apparels
In the Mar 2026 quarter (standalone), Virat Industries reported sales of ₹5.11 Cr, down 33.8% from Mar 2025, and net profit of ₹1.04 Cr, up 447.4% year on year. For the year to Mar 2026, sales were ₹26.80 Cr and net profit ₹4.93 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 | 9.84 | 8.38 | 8.45 | 5.74 | 6.00 | 11.58 | 6.32 | 7.72 | 8.60 | 7.25 | 5.86 | 5.11 |
| Expenses | 8.96 | 7.79 | 8.66 | 5.42 | 5.53 | 11.34 | 5.97 | 7.51 | 8.30 | 6.49 | 5.56 | 5.46 |
| Operating Profit | 0.87 | 0.58 | −0.20 | 0.29 | 0.44 | 0.23 | 0.32 | 0.20 | 0.29 | 0.73 | 0.27 | −0.36 |
| OPM % | 8.9% | 7.0% | −2.5% | 5.3% | 7.5% | 2.1% | 5.2% | 2.7% | 3.5% | 10.2% | 4.8% | −7.2% |
| Other Income | 0.17 | 0.24 | 0.41 | 0.17 | 0.15 | 0.49 | 0.07 | 0.31 | 1.06 | 1.82 | 1.48 | 1.90 |
| Interest | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.38 | 0.38 | 0.40 | 0.33 | 0.31 | 0.21 | 0.21 | 0.30 | 0.19 | 0.14 | 0.13 | 0.10 |
| Profit before tax | 0.69 | 0.45 | −0.23 | 0.15 | 0.30 | 0.53 | 0.18 | 0.24 | 1.19 | 2.42 | 1.65 | 1.45 |
| Tax % | 22.1% | 18.2% | 4.6% | 28.6% | 27.6% | 25.1% | 23.6% | 26.1% | 24.6% | 24.5% | 27.5% | 27.1% |
| Net Profit | 0.52 | 0.37 | −0.25 | 0.11 | 0.23 | 0.40 | 0.11 | 0.19 | 0.89 | 1.81 | 1.19 | 1.04 |
| EPS (Rs) | 1.07 | 0.72 | −0.48 | 0.19 | 0.44 | 0.78 | 0.23 | 0.36 | 0.60 | 1.24 | 0.80 | 0.71 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25.74 | 25.65 | 34.10 | 24.14 | 26.39 | 19.55 | 24.64 | 37.66 | 32.44 | 31.62 | 26.80 | 26.82 |
| Expenses | 20.59 | 20.54 | 28.92 | 21.15 | 23.18 | 17.44 | 21.75 | 34.58 | 30.86 | 30.40 | 25.81 | 25.81 |
| Operating Profit | 5.13 | 5.11 | 5.13 | 2.94 | 3.18 | 2.08 | 2.87 | 3.05 | 1.53 | 1.21 | 0.94 | 0.93 |
| OPM % | 20.0% | 19.9% | 15.1% | 12.2% | 12.1% | 10.7% | 11.7% | 8.1% | 4.8% | 3.9% | 3.6% | 3.5% |
| Other Income | 0.61 | 1.37 | 1.58 | 0.15 | 0.77 | 0.67 | 0.49 | 0.74 | 0.98 | 1.04 | 6.27 | 6.26 |
| Interest | 0.03 | 0.07 | 0.13 | 0.09 | 0.04 | 0.05 | 0.02 | 0.06 | 0.04 | 0.06 | 0.04 | 0.00 |
| Depreciation | 1.23 | 1.37 | 1.63 | 1.95 | 1.92 | 1.77 | 1.61 | 1.55 | 1.46 | 1.00 | 0.53 | 0.56 |
| Profit before tax | 4.49 | 5.05 | 4.96 | 1.06 | 2.02 | 0.94 | 1.74 | 2.19 | 1.04 | 1.22 | 6.68 | 6.71 |
| Tax % | 32.7% | 30.0% | 29.9% | 39.1% | 25.9% | 14.0% | 21.5% | 25.7% | 26.3% | 25.7% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | — |
| Net Profit | 3.03 | 3.53 | 3.48 | 0.66 | 1.49 | 0.80 | 1.36 | 1.61 | 0.77 | 0.91 | 4.93 | 4.93 |
| EPS (Rs) | 6.12 | 7.14 | 7.04 | 1.31 | 3.00 | 1.59 | 2.73 | 3.28 | 1.53 | 1.82 | 3.39 | 3.35 |
| Dividend payout % | 40.7% | 34.9% | 21.2% | 0.0% | 0.0% | 0.0% | 36.4% | 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 | 4.93 | 4.93 | 4.93 | 4.92 | 4.92 | 4.93 | 4.92 | 4.93 | 4.93 | 4.92 | 4.92 | 14.51 |
| Reserves | 8.36 | 9.91 | 13.56 | 15.55 | 15.32 | 16.83 | 17.66 | 18.98 | 20.12 | 20.73 | 21.57 | 116 |
| Borrowings | 0.62 | 0.45 | 0.45 | 2.08 | 0.47 | 1.43 | 0.32 | 0.24 | 0.16 | 0.78 | 0.62 | 0.53 |
| Other Liabilities | 3.37 | 3.97 | 2.99 | 4.64 | 3.46 | 3.44 | 2.74 | 3.78 | 5.49 | 4.98 | 4.69 | 3.53 |
| Total Liabilities | 17.28 | 19.26 | 21.93 | 27.19 | 24.17 | 26.63 | 25.64 | 27.93 | 30.70 | 31.41 | 31.80 | 135 |
| Fixed Assets | 5.46 | 6.08 | 8.78 | 10.83 | 10.45 | 9.35 | 7.45 | 5.85 | 4.61 | 4.62 | 3.68 | 3.40 |
| CWIP | 0.00 | 0.00 | 0.04 | 1.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.27 | 0.26 | 0.26 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 11.55 | 12.92 | 12.85 | 15.15 | 13.72 | 17.28 | 18.19 | 22.08 | 26.09 | 26.79 | 28.12 | 132 |
| Inventories | 4.98 | 4.98 | 6.98 | 7.98 | 5.98 | 7.98 | 5.98 | 8.97 | 13.95 | 9.96 | 9.97 | 8.97 |
| Trade receivables | 0.99 | 0.99 | 1.99 | 2.99 | 2.99 | 3.99 | 3.99 | 3.99 | 4.99 | 4.99 | 4.99 | 3.99 |
| Cash & equivalents | 3.99 | 5.98 | 2.99 | 0.99 | 0.99 | 2.99 | 5.99 | 5.98 | 3.99 | 7.98 | 6.99 | 115 |
| Total Assets | 17.28 | 19.26 | 21.93 | 27.19 | 24.17 | 26.63 | 25.64 | 27.93 | 30.70 | 31.41 | 31.80 | 135 |
| 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 | 3.94 | 5.21 | 1.69 | 1.60 | 3.14 | 1.46 | 4.19 | 0.04 | −1.71 | 5.20 | −0.81 | 2.53 |
| Cash from investing activity | −0.71 | −4.29 | −0.84 | −2.91 | −0.96 | −1.75 | 0.26 | 0.05 | 0.28 | −5.38 | 0.86 | −47.00 |
| Cash from financing activity | −2.43 | −1.07 | −1.72 | 1.52 | −2.28 | 0.89 | −1.21 | −0.15 | −0.67 | 0.51 | −0.27 | 99.75 |
| Net cash flow | 0.84 | −0.10 | −0.85 | 0.23 | −0.08 | 0.62 | 3.25 | −0.07 | −2.12 | 0.39 | −0.26 | 55.52 |
| Capex | 0.00 | 2.01 | 4.01 | 5.01 | 1.01 | 1.01 | 0.00 | 0.00 | 0.00 | 2.01 | 0.00 | 0.00 |
| Free cash flow | 3.47 | 3.38 | −1.79 | −3.56 | 2.22 | 0.65 | 4.35 | 0.04 | −2.02 | 3.87 | −0.86 | 2.27 |
| CFO / OP % | 135.9% | 136.0% | 55.9% | 60.9% | 120.0% | 71.0% | 204.0% | 17.9% | −32.0% | 367.9% | −56.0% | 454.9% |
| 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 | 17 | 8 | 30 | 31 | 51 | 51 | 79 | 58 | 47 | 54 | 64 | 54 |
| Inventory days | 298 | 222 | 307 | 220 | 229 | 270 | 275 | 322 | 344 | 248 | 272 | 302 |
| Days payable | 69 | 68 | 105 | 103 | 87 | 59 | 53 | 75 | 91 | 44 | 59 | 73 |
| Cash conversion cycle | 244 | 162 | 232 | 146 | 193 | 261 | 300 | 305 | 299 | 257 | 276 | 283 |
| Working capital days | 71 | 32 | 92 | 76 | 128 | 132 | 166 | 171 | 157 | 142 | 175 | 164 |
| ROCE % | 22.0% | 31.2% | 31.2% | 24.6% | 5.7% | 9.3% | 4.1% | 7.4% | 9.1% | 3.7% | 4.8% | 7.5% |
For the Mar 2026 quarter, Virat Industries reported sales of ₹5.11 Cr, down 33.8% year on year and net profit of ₹1.04 Cr, up 447.4% year on year. The operating margin was −7.2%.
Virat Industries' sales for the year to Mar 2026 were ₹26.80 Cr; over the last twelve months they were ₹26.82 Cr.
Net profit for the year to Mar 2026 was ₹4.93 Cr, and ₹4.93 Cr over the last twelve months. Earnings per share over the same trailing period were ₹3.35.
Virat Industries reported borrowings of ₹0.53 Cr at Mar 2026, against cash and equivalents of ₹115 Cr.
Cash from operations was ₹2.53 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹2.27 Cr.