Alfa Ica (India) (BSE 530973)₹73.00+4.29%Plastic Products - Industrial
In the Mar 2026 quarter (standalone), Alfa Ica (India) reported sales of ₹25.95 Cr, up 27.1% from Mar 2025, and net profit of ₹0.57 Cr, down 47.7% year on year. For the year to Mar 2026, sales were ₹86.80 Cr and net profit ₹1.91 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 | 17.08 | 16.77 | 16.35 | 18.43 | 19.57 | 18.46 | 20.29 | 20.42 | 19.64 | 19.03 | 22.24 | 25.95 |
| Expenses | 16.04 | 15.89 | 15.36 | 17.48 | 18.27 | 17.20 | 20.27 | 18.74 | 18.35 | 17.98 | 21.10 | 25.47 |
| Operating Profit | 1.06 | 0.91 | 1.02 | 0.98 | 1.31 | 1.30 | 0.06 | 1.72 | 1.32 | 1.07 | 1.17 | 0.52 |
| OPM % | 6.2% | 5.4% | 6.2% | 5.3% | 6.7% | 7.0% | 0.3% | 8.4% | 6.7% | 5.6% | 5.2% | 2.0% |
| Other Income | 0.07 | 0.23 | 0.09 | 0.40 | 0.00 | 0.17 | 0.17 | 0.50 | 0.20 | 0.36 | 0.26 | 1.09 |
| Interest | 0.40 | 0.35 | 0.39 | 0.36 | 0.41 | 0.52 | 0.54 | 0.43 | 0.49 | 0.48 | 0.54 | 0.44 |
| Depreciation | 0.24 | 0.22 | 0.25 | 0.24 | 0.29 | 0.33 | 0.34 | 0.35 | 0.37 | 0.35 | 0.35 | 0.37 |
| Profit before tax | 0.46 | 0.54 | 0.44 | 0.75 | 0.57 | 0.59 | −0.66 | 1.41 | 0.65 | 0.57 | 0.51 | 0.77 |
| Tax % | 31.9% | 25.5% | 20.0% | 21.1% | 27.6% | 20.0% | −19.4% | 24.6% | 25.8% | 22.4% | 25.0% | 28.2% |
| Net Profit | 0.33 | 0.42 | 0.37 | 0.61 | 0.43 | 0.49 | −0.55 | 1.09 | 0.51 | 0.46 | 0.40 | 0.57 |
| EPS (Rs) | 0.80 | 1.02 | 0.90 | 1.50 | 1.05 | 1.20 | −1.35 | 2.68 | 1.25 | 1.12 | 0.98 | 1.40 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 50.14 | 50.06 | 56.64 | 56.15 | 56.61 | 55.27 | 80.12 | 64.75 | 68.63 | 78.75 | 86.80 | 86.86 |
| Expenses | 47.02 | 46.78 | 53.82 | 52.36 | 53.18 | 52.01 | 75.82 | 60.76 | 64.65 | 74.45 | 82.85 | 82.90 |
| Operating Profit | 3.18 | 3.42 | 2.83 | 3.87 | 3.53 | 3.34 | 4.40 | 4.08 | 4.07 | 4.44 | 4.07 | 4.08 |
| OPM % | 6.4% | 6.8% | 5.0% | 6.9% | 6.2% | 6.1% | 5.5% | 6.3% | 5.9% | 5.7% | 4.7% | 4.7% |
| Other Income | 0.47 | 0.01 | 0.89 | 0.45 | 0.63 | 0.85 | 0.39 | 0.54 | 0.79 | 0.87 | 1.94 | 1.91 |
| Interest | 1.57 | 1.31 | 1.43 | 1.83 | 1.65 | 1.40 | 1.58 | 1.62 | 1.63 | 2.03 | 1.99 | 1.95 |
| Depreciation | 0.66 | 0.64 | 0.67 | 0.68 | 0.86 | 0.87 | 1.00 | 1.03 | 0.98 | 1.34 | 1.45 | 1.44 |
| Profit before tax | 1.39 | 1.45 | 1.59 | 1.78 | 1.64 | 1.89 | 2.18 | 1.94 | 2.22 | 1.91 | 2.53 | 2.50 |
| Tax % | 8.6% | 33.6% | 25.6% | 30.2% | 25.4% | 25.3% | 25.6% | 25.1% | 24.7% | 25.0% | 25.6% | — |
| Exceptional items | −0.06 | 0.00 | −0.03 | 0.00 | 0.00 | 0.06 | −0.03 | 0.00 | 0.00 | 0.01 | 0.00 | — |
| Net Profit | 1.29 | 0.98 | 1.19 | 1.26 | 1.24 | 1.43 | 1.64 | 1.47 | 1.69 | 1.45 | 1.91 | 1.94 |
| EPS (Rs) | 3.18 | 2.41 | 2.93 | 3.10 | 3.05 | 3.52 | 4.04 | 3.62 | 4.17 | 3.57 | 4.71 | 4.75 |
| Dividend payout % | 0.0% | 0.0% | 34.2% | 32.3% | 0.0% | 0.0% | 0.0% | 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 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 |
| Reserves | 6.60 | 7.88 | 8.84 | 10.01 | 10.79 | 11.55 | 12.96 | 14.60 | 16.09 | 17.76 | 19.21 | 21.14 |
| Borrowings | 12.78 | 13.50 | 13.14 | 13.24 | 16.70 | 13.90 | 12.79 | 17.41 | 14.97 | 14.00 | 18.97 | 16.81 |
| Other Liabilities | 5.03 | 3.32 | 6.41 | 6.53 | 5.32 | 4.94 | 7.79 | 8.91 | 4.96 | 8.82 | 6.34 | 10.67 |
| Total Liabilities | 28.46 | 28.75 | 32.44 | 33.83 | 36.86 | 34.44 | 37.59 | 44.97 | 40.07 | 44.63 | 48.57 | 52.67 |
| Fixed Assets | 7.43 | 7.35 | 9.25 | 9.76 | 12.27 | 12.56 | 13.07 | 13.73 | 14.46 | 15.19 | 19.60 | 19.94 |
| CWIP | 0.00 | 0.00 | 0.21 | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.75 | 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 | 21.03 | 21.40 | 22.98 | 23.86 | 24.59 | 21.88 | 24.52 | 31.24 | 25.61 | 28.69 | 28.97 | 32.73 |
| Inventories | 14.20 | 12.99 | 12.83 | 12.83 | 13.82 | 10.37 | 12.38 | 16.31 | 15.96 | 15.77 | 13.59 | 14.70 |
| Trade receivables | 4.23 | 5.01 | 5.51 | 8.60 | 8.64 | 8.90 | 8.80 | 12.44 | 7.45 | 9.71 | 12.00 | 13.48 |
| Cash & equivalents | 0.21 | 1.88 | 3.27 | 0.18 | 0.13 | 0.45 | 0.27 | 0.31 | 0.29 | 0.54 | 0.47 | 0.29 |
| Total Assets | 28.46 | 28.75 | 32.44 | 33.83 | 36.86 | 34.44 | 37.59 | 44.97 | 40.07 | 44.63 | 48.57 | 52.67 |
| 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 | 0.67 | 2.99 | 5.71 | −0.74 | 1.57 | 6.39 | 3.54 | −1.35 | 5.76 | 5.22 | 1.88 | 5.86 |
| Cash from investing activity | −1.80 | −0.63 | −2.76 | −1.25 | −2.96 | −1.40 | −1.28 | −1.74 | −1.76 | −2.49 | −4.98 | −1.82 |
| Cash from financing activity | 1.31 | −0.72 | −1.57 | −1.14 | 1.36 | −4.79 | −2.45 | 3.12 | −4.03 | −2.48 | 3.03 | −4.18 |
| Net cash flow | 0.16 | 1.66 | 1.38 | −3.08 | −0.04 | 0.21 | −0.17 | 0.03 | −0.02 | 0.24 | −0.06 | −0.12 |
| Capex | 1.85 | 0.67 | 2.96 | 1.29 | 2.98 | 1.81 | 1.74 | 1.95 | 1.77 | 2.61 | 5.02 | 1.91 |
| Free cash flow | −1.14 | 2.32 | 2.93 | −1.97 | −1.41 | 4.97 | 2.23 | −3.06 | 3.97 | 2.71 | −3.10 | 4.02 |
| CFO / OP % | 32.0% | 110.9% | 180.9% | −10.0% | 54.0% | 191.9% | 118.0% | −17.1% | 151.9% | 139.9% | 51.9% | 156.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 28 | 37 | 40 | 56 | 56 | 58 | 58 | 57 | 42 | 52 | 56 | 57 |
| Inventory days | 128 | 138 | 138 | 119 | 135 | 107 | 133 | 119 | 146 | 139 | 108 | 103 |
| Days payable | 30 | 19 | 53 | 51 | 42 | 37 | 68 | 53 | 31 | 56 | 36 | 56 |
| Cash conversion cycle | 123 | 154 | 124 | 122 | 148 | 125 | 122 | 121 | 155 | 133 | 127 | 102 |
| Working capital days | 84 | 84 | 51 | 71 | 60 | 80 | 61 | 48 | 65 | 62 | 51 | 49 |
| ROCE % | 14.6% | 12.6% | 10.8% | 11.6% | 12.3% | 10.9% | 10.9% | 11.7% | 10.1% | 11.0% | 10.1% | 10.8% |
For the Mar 2026 quarter, Alfa Ica (India) reported sales of ₹25.95 Cr, up 27.1% year on year and net profit of ₹0.57 Cr, down 47.7% year on year. The operating margin was 2.0%.
Alfa Ica (India)'s sales for the year to Mar 2026 were ₹86.80 Cr; over the last twelve months they were ₹86.86 Cr.
Net profit for the year to Mar 2026 was ₹1.91 Cr, and ₹1.94 Cr over the last twelve months. Earnings per share over the same trailing period were ₹4.75.
Alfa Ica (India) reported borrowings of ₹16.81 Cr at Mar 2026, against cash and equivalents of ₹0.29 Cr.
Cash from operations was ₹5.86 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹4.02 Cr.