Gemstone Investments (BSE 531137)₹1.24+5.98%Diversified Commercial Services
In the Mar 2026 quarter (standalone), Gemstone Investments reported sales of ₹0.91 Cr, up 167.6% from Mar 2025, and net profit of ₹0.40 Cr, up 263.6% year on year. For the year to Mar 2026, sales were ₹2.22 Cr and net profit ₹0.41 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 | 0.49 | 0.50 | 0.50 | 0.57 | 0.54 | 0.31 | 0.01 | 0.34 | 0.35 | 0.37 | 0.57 | 0.91 |
| Expenses | 0.17 | 0.02 | 0.07 | 1.30 | 0.11 | 0.29 | 0.12 | 0.21 | 0.19 | 0.16 | 0.78 | 0.31 |
| Operating Profit | 0.31 | 0.47 | 0.42 | −0.72 | 0.42 | 0.01 | −0.10 | 0.12 | 0.15 | 0.20 | −0.20 | 0.59 |
| OPM % | 64.1% | 94.2% | 84.4% | −125.8% | 78.2% | 6.3% | −550.0% | 37.2% | 44.5% | 55.3% | −36.2% | 65.3% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.07 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.33 | 0.49 | 0.43 | −0.74 | 0.44 | 0.03 | −0.12 | 0.14 | 0.17 | 0.22 | −0.24 | 0.55 |
| Tax % | 21.9% | 8.3% | 26.2% | −12.3% | 23.3% | 0.0% | 0.0% | 23.1% | 25.0% | 23.8% | 13.1% | 27.8% |
| Net Profit | 0.26 | 0.45 | 0.31 | −0.65 | 0.34 | 0.03 | −0.12 | 0.11 | 0.13 | 0.17 | −0.28 | 0.40 |
| EPS (Rs) | 0.04 | 0.07 | 0.05 | −0.10 | 0.05 | 0.00 | −0.02 | 0.02 | 0.03 | 0.03 | −0.05 | 0.06 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.28 | 2.07 | 1.93 | 2.32 | 2.00 | 2.02 | 0.90 | 1.18 | 2.10 | 1.24 | 2.22 | 2.20 |
| Expenses | 1.69 | 1.13 | 1.10 | 0.91 | 0.89 | 1.44 | 0.51 | 0.90 | 1.60 | 0.77 | 1.47 | 1.44 |
| Operating Profit | 0.58 | 0.93 | 0.82 | 1.40 | 1.10 | 0.57 | 0.38 | 0.27 | 0.49 | 0.46 | 0.74 | 0.74 |
| OPM % | 25.8% | 45.3% | 42.9% | 60.6% | 55.3% | 28.7% | 43.0% | 23.6% | 23.8% | 37.7% | 33.7% | 33.6% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.07 | 0.00 | 0.14 | 0.24 | 0.05 | 0.02 | 0.09 | 0.00 | 0.02 | 0.02 | 0.09 | 0.10 |
| Depreciation | 0.00 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.53 | 0.88 | 0.66 | 1.13 | 1.00 | 0.53 | 0.29 | 0.28 | 0.50 | 0.47 | 0.67 | 0.70 |
| Tax % | 40.4% | 31.0% | 23.1% | 27.7% | 25.3% | 27.0% | 25.0% | 14.9% | 26.6% | 30.4% | 39.4% | — |
| Net Profit | 0.32 | 0.62 | 0.51 | 0.82 | 0.75 | 0.40 | 0.22 | 0.24 | 0.36 | 0.33 | 0.41 | 0.42 |
| EPS (Rs) | 0.03 | 0.07 | 0.08 | 0.12 | 0.11 | 0.06 | 0.04 | 0.04 | 0.06 | 0.05 | 0.06 | 0.07 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 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 | 7.51 | 7.51 | 7.51 | 7.50 | 7.51 | 7.50 | 7.51 | 7.50 | 7.50 | 7.51 | 7.50 | 7.51 |
| Reserves | 14.50 | 14.81 | 15.42 | 15.91 | 16.73 | 15.78 | 16.17 | 16.38 | 16.61 | 16.97 | 17.27 | 42.35 |
| Borrowings | 1.85 | 0.33 | 0.58 | 2.97 | 1.15 | 0.11 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 3.55 |
| Other Liabilities | 0.91 | 0.56 | 0.55 | 0.75 | 1.04 | 1.09 | 0.16 | 0.15 | 0.12 | 0.11 | 0.33 | 0.13 |
| Total Liabilities | 24.77 | 23.21 | 24.06 | 27.13 | 26.43 | 24.48 | 23.86 | 24.03 | 24.23 | 24.59 | 25.10 | 53.54 |
| Fixed Assets | 0.04 | 0.05 | 0.39 | 0.41 | 0.35 | 0.30 | 0.23 | 0.03 | 0.02 | 0.02 | 0.02 | 0.04 |
| 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 | 3.11 | 3.01 | 1.92 | 1.68 | 1.68 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.93 |
| Other Assets | 21.62 | 20.15 | 21.75 | 25.04 | 24.40 | 24.18 | 23.63 | 24.00 | 24.21 | 24.57 | 25.08 | 51.57 |
| Trade receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & equivalents | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 1.99 | 0.99 | 0.00 |
| Total Assets | 24.77 | 23.21 | 24.06 | 27.13 | 26.43 | 24.48 | 23.86 | 24.03 | 24.23 | 24.59 | 25.10 | 53.54 |
| 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 | −3.77 | 0.09 | 0.47 | −2.68 | 1.15 | 0.84 | 0.75 | −0.68 | −0.10 | 1.46 | −0.43 | −27.22 |
| Cash from investing activity | 3.09 | 0.07 | −0.39 | 0.16 | 0.86 | 0.29 | 0.01 | 0.16 | 0.00 | 0.00 | 0.00 | −1.94 |
| Cash from financing activity | 0.74 | −0.22 | 0.27 | 2.40 | −2.06 | −1.12 | −0.08 | −0.12 | 0.00 | −0.02 | −0.02 | 28.16 |
| Net cash flow | 0.06 | −0.05 | 0.32 | −0.10 | −0.03 | 0.01 | 0.67 | −0.60 | −0.08 | 1.43 | −0.43 | −1.04 |
| Capex | 0.00 | 0.01 | 0.39 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Free cash flow | −3.75 | 0.05 | 0.05 | −2.73 | 1.13 | 0.82 | 0.75 | −0.49 | −0.08 | 1.44 | −0.42 | −27.17 |
| CFO / OP % | −501.1% | 81.0% | 81.0% | −296.0% | 98.0% | 98.0% | 157.0% | −154.1% | 0.0% | 304.0% | −81.0% | −3,601.0% |
| 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 | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash conversion cycle | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working capital days | 3,136 | 3,028 | 3,318 | 3,697 | 3,308 | 3,944 | 4,046 | 9,422 | 7,300 | 3,932 | 6,850 | 7,379 |
| ROCE % | 3.2% | 2.5% | 3.8% | 3.1% | 5.2% | 4.3% | 2.3% | 1.5% | 1.1% | 2.1% | 1.9% | 1.9% |
For the Mar 2026 quarter, Gemstone Investments reported sales of ₹0.91 Cr, up 167.6% year on year and net profit of ₹0.40 Cr, up 263.6% year on year. The operating margin was 65.3%.
Gemstone Investments' sales for the year to Mar 2026 were ₹2.22 Cr; over the last twelve months they were ₹2.20 Cr.
Net profit for the year to Mar 2026 was ₹0.41 Cr, and ₹0.42 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.07.
Gemstone Investments reported borrowings of ₹3.55 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was −₹27.22 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹27.17 Cr.