Sturdy Industries quarterly results and financials

Sturdy Industries (BSE 530611)₹0.19000.00%(2 Nov 2026 close)Plastic Products - Industrial

Key facts

In the Jun 2024 quarter (standalone), Sturdy Industries reported sales of ₹0 Cr, down 100.0% from Jun 2023, and net profit of −₹0.23 Cr. For the year to Mar 2024, sales were ₹0.35 Cr and net profit −₹9.15 Cr.

Sales (Jun 2024): ₹0 Cr
Net profit (Jun 2024): −₹0.23 Cr
Sales (FY Mar 2024): ₹0.35 Cr
Net profit (FY Mar 2024): −₹9.15 Cr
EPS (Jun 2024): ₹−0.01
Borrowings (Mar 2024): ₹177 Cr

Company filings, standalone accounts; latest reported quarter Jun 2024

Sturdy Industries quarterly results

₹ crore unless stated; each column is a quarter.

Sturdy Industries Quarterly results
	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	4.86	2.55	1.54	2.44	0.29	0.11	0.59	0.02	0.02	0.11	0.24	0.00
Expenses	5.13	3.50	7.08	3.99	1.17	1.63	2.56	0.85	5.72	0.34	3.01	0.25
Operating Profit	−0.26	−0.94	−5.52	−1.54	−0.87	−1.51	−1.96	−0.82	−5.68	−0.22	−2.76	−0.23
OPM %	−5.6%	−37.4%	−361.5%	−63.8%	−314.3%	−1,520.0%	−339.7%	−8,300.0%	−57,000.0%	−230.0%	−1,204.3%	—
Other Income	5.85	−0.21	−0.03	0.03	0.04	0.07	2.13	0.00	0.00	0.00	0.04	0.00
Interest	−0.14	0.07	0.11	0.00	0.00	0.02	0.00	0.00	0.00	0.02	0.00	0.00
Depreciation	0.76	0.26	1.03	0.66	0.31	0.31	1.28	0.64	0.64	0.64	0.27	0.00
Profit before tax	4.98	−1.49	−6.70	−2.17	−1.14	−1.76	−1.11	−1.47	−6.34	−0.88	−2.99	−0.25
Tax %	0.0%	0.0%	−126.2%	0.0%	0.0%	0.0%	−173.7%	0.0%	0.0%	0.0%	−83.6%	0.0%
Exceptional items	−1.99	−0.99	0.00	0.00	0.00	0.00	2.01	0.00	0.00	0.00	0.00	0.00
Net Profit	4.96	−1.47	1.74	−2.15	−1.12	−1.74	0.80	−1.45	−6.31	−0.86	−0.48	−0.23
EPS (Rs)	0.32	−0.09	0.11	−0.13	−0.06	−0.11	0.04	−0.09	−0.41	−0.05	−0.02	−0.01

Sturdy Industries profit and loss

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

Sturdy Industries Profit and loss
	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	844	432	425	400	205	186	122	51.09	12.13	3.40	0.35	0.37
Expenses	841	430	414	396	242	190	234	63.38	22.34	9.34	9.93	9.32
Operating Profit	1.82	1.92	10.91	3.29	−37.70	−4.99	−112	−12.24	−10.18	−5.92	−9.55	−8.89
OPM %	0.2%	0.5%	2.6%	0.8%	−18.5%	−2.7%	−92.4%	−24.1%	−84.3%	−174.9%	−2,811.7%	−2,402.7%
Other Income	1.55	1.74	5.26	11.32	22.07	−6.02	−58.59	−11.18	8.30	2.30	0.04	0.04
Interest	18.49	19.99	24.51	10.52	3.45	5.98	9.35	13.36	0.24	0.00	0.00	0.02
Depreciation	5.00	9.67	8.78	6.87	6.03	3.26	3.34	3.04	2.78	2.52	2.17	1.55
Profit before tax	−20.09	−25.94	−17.07	−2.73	−25.16	−20.27	−184	−39.88	−4.87	−6.14	−11.68	−10.46
Tax %	9.2%	−20.6%	−31.2%	44.4%	−14.5%	−9.9%	−13.7%	−26.5%	−173.9%	−31.2%	−21.4%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	−16.25	−84.20	−12.64	7.69	2.11	0.00	0.00
Net Profit	−21.85	−20.57	−11.71	−3.92	−21.43	−18.19	−158	−29.24	3.58	−4.21	−9.15	−7.88
EPS (Rs)	−3.40	−3.20	−1.82	−0.25	−1.41	−1.20	−10.43	−1.93	0.23	−0.27	−0.60	−0.49
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Sturdy Industries balance sheet

₹ crore, at each year end.

Sturdy Industries Balance sheet
	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	12.83	12.82	12.82	14.78	30.16	32.16	30.16	30.16	30.18	30.17	30.18	147
Reserves	55.52	33.48	12.53	10.45	8.47	−13.16	−31.22	−192	−222	−225	−231	−232
Borrowings	154	218	238	262	187	257	252	291	339	327	323	177
Other Liabilities	80.87	88.83	87.80	74.16	107	26.15	33.88	43.80	9.45	3.69	1.13	17.63
Total Liabilities	303	353	351	361	332	302	285	173	157	136	124	109
Fixed Assets	93.63	88.82	84.47	81.10	69.15	62.75	59.49	52.66	45.26	33.93	29.36	23.80
CWIP	0.91	0.91	0.91	0.91	0.99	1.06	1.63	1.63	1.63	1.63	1.63	1.63
Investments	0.18	0.18	0.18	0.52	0.32	0.32	0.32	0.32	0.32	0.32	0.32	0.32
Other Assets	208	263	266	279	262	238	223	118	109	99.62	92.64	83.13
Inventories	80.11	74.72	63.84	88.35	43.31	29.25	33.15	8.70	4.40	3.14	0.34	0.03
Trade receivables	104	158	178	160	177	174	143	54.70	39.02	31.89	29.93	18.72
Cash & equivalents	10.64	13.99	8.87	8.30	8.78	7.45	8.64	7.01	7.27	2.62	0.34	0.20
Total Assets	303	353	351	361	332	302	285	173	157	136	124	109

Sturdy Industries cash flow

₹ crore, for each year.

Sturdy Industries Cash flow
	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from operating activity	19.67	2.11	−67.71	17.63	16.86	8.11	18.54	−35.23	4.53	−1.56	2.51
Cash from investing activity	−18.38	−0.19	−5.64	13.97	7.08	−0.62	2.60	1.50	9.57	2.99	8.19
Cash from financing activity	−3.36	1.44	68.47	−34.73	−23.58	−6.33	−22.88	34.19	−18.84	−3.72	−10.87
Net cash flow	−2.04	3.36	−5.11	−2.98	0.49	1.20	−1.64	0.26	−4.68	−2.29	−0.14
Capex	14.48	0.21	5.62	0.00	0.00	0.64	0.27	0.00	0.00	0.00	0.00
Free cash flow	5.29	1.93	−73.61	17.67	24.07	7.51	21.24	−33.91	14.17	1.44	10.72
CFO / OP %	99.0%	116.0%	−3,511.1%	161.9%	515.9%	−162.1%	−17.1%	288.0%	−45.1%	25.9%	−26.1%

Sturdy Industries ratios

Working-capital days and returns, by year.

Sturdy Industries Ratios
	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor days	44	67	150	136	160	309	281	163	278	958	3,211	20,031
Inventory days	36	33	56	81	42	50	71	24	31	112	32	46
Days payable	30	32	68	54	39	35	67	117	60	95	46	1,505
Cash conversion cycle	52	69	138	164	164	325	287	71	251	975	3,197	18,573
Working capital days	13	15	88	89	83	127	85	−25	−7	−3,414	−11,919	−1,70,733
ROCE %	8.0%	−0.7%	−2.3%	2.7%	3.0%	−8.7%	0.7%	−47.4%	−10.1%	−8.9%	−6.5%	−10.9%

Sturdy Industries: frequently asked questions

What are the latest quarterly results of Sturdy Industries?

For the Jun 2024 quarter, Sturdy Industries reported sales of ₹0 Cr, down 100.0% year on year and net profit of −₹0.23 Cr.

What is the annual revenue of Sturdy Industries?

Sturdy Industries' sales for the year to Mar 2024 were ₹0.35 Cr; over the last twelve months they were ₹0.37 Cr.

What is the net profit of Sturdy Industries?

Net profit for the year to Mar 2024 was −₹9.15 Cr, and −₹7.88 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.49.

How much debt does Sturdy Industries have?

Sturdy Industries reported borrowings of ₹177 Cr at Mar 2024, against cash and equivalents of ₹0.20 Cr.

What is the free cash flow of Sturdy Industries?

Cash from operations was ₹2.51 Cr in the year to Mar 2024; after capital spending, free cash flow was ₹10.72 Cr.

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