Greencrest Financial Services (BSE 531737)₹0.5700−6.56%Diversified Commercial Services
In the Mar 2026 quarter (standalone), Greencrest Financial Services reported sales of ₹14.44 Cr, up 15.3% from Mar 2025, and net profit of −₹1.40 Cr. For the year to Mar 2026, sales were ₹38.20 Cr and net profit ₹1.34 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 | 6.92 | 13.47 | 17.16 | 8.30 | 21.53 | 15.52 | 22.40 | 12.52 | 5.41 | 5.67 | 12.71 | 14.44 |
| Expenses | 4.93 | 7.00 | 15.49 | 14.90 | 17.11 | 12.35 | 20.33 | 17.20 | 3.42 | 3.56 | 10.03 | 15.93 |
| Operating Profit | 1.97 | 6.43 | 1.65 | −6.58 | 4.38 | 3.15 | 2.05 | −4.67 | 1.97 | 2.09 | 2.66 | −1.48 |
| OPM % | 28.7% | 47.9% | 9.7% | −79.6% | 20.4% | 20.4% | 9.2% | −37.5% | 36.7% | 37.1% | 21.0% | −10.4% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.22 | 0.00 | 0.00 | 0.05 | −0.03 |
| Interest | 0.42 | 0.40 | 0.56 | 0.25 | 0.79 | 0.77 | 0.78 | 0.56 | 0.72 | 0.72 | 1.62 | 0.27 |
| 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 | 1.56 | 6.05 | 1.10 | −6.87 | 3.60 | 2.39 | 1.28 | −5.49 | 1.26 | 1.38 | 1.09 | −1.81 |
| Tax % | 25.2% | 8.5% | −32.1% | −0.7% | 22.8% | 28.1% | 26.0% | −23.2% | 24.8% | 24.8% | 25.0% | −21.2% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 1.15 | 5.50 | 1.43 | −6.77 | 2.76 | 1.70 | 0.93 | −4.19 | 0.92 | 1.02 | 0.80 | −1.40 |
| EPS (Rs) | 0.04 | 0.16 | 0.05 | −0.20 | 0.09 | 0.06 | 0.04 | −0.12 | 0.04 | 0.04 | 0.03 | −0.05 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.77 | 10.23 | 32.64 | 57.56 | 3.66 | 3.82 | 8.91 | 24.54 | 39.37 | 71.98 | 38.20 | 38.23 |
| Expenses | 14.67 | 9.24 | 31.80 | 56.40 | 3.03 | 3.13 | 7.94 | 21.57 | 35.83 | 67.00 | 32.91 | 32.94 |
| Operating Profit | 1.09 | 0.96 | 0.81 | 1.12 | 0.62 | 0.68 | 0.94 | 2.95 | 3.49 | 4.91 | 5.26 | 5.24 |
| OPM % | 7.0% | 9.5% | 2.5% | 2.0% | 17.2% | 18.1% | 10.7% | 12.1% | 8.9% | 6.9% | 13.8% | 13.7% |
| Other Income | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.02 | 0.03 | 0.02 |
| Interest | 0.04 | 0.04 | 0.03 | 0.05 | 0.00 | 0.00 | 0.15 | 1.26 | 1.66 | 2.92 | 3.37 | 3.33 |
| Depreciation | 0.01 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.07 | 0.90 | 0.75 | 1.04 | 0.61 | 0.67 | 0.76 | 1.69 | 1.83 | 2.00 | 1.91 | 1.92 |
| Tax % | 33.0% | 33.7% | 28.4% | 28.2% | 26.7% | 25.7% | 25.3% | 25.0% | 41.2% | 38.7% | 28.9% | — |
| Exceptional items | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.70 | 0.59 | 0.52 | 0.72 | 0.44 | 0.47 | 0.55 | 1.25 | 1.05 | 1.21 | 1.34 | 1.34 |
| EPS (Rs) | 0.03 | 0.03 | 0.02 | 0.03 | 0.02 | 0.02 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 | 0.06 |
| 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 | 36.50 | 36.52 | 36.53 | 36.53 | 36.51 | 36.53 | 36.50 | 36.50 | 36.44 | 36.48 | 36.43 | 36.43 |
| Reserves | 10.56 | 11.27 | 11.94 | 12.47 | 13.32 | 13.83 | 14.29 | 14.85 | 16.08 | 17.14 | 18.52 | 20.05 |
| Borrowings | 0.00 | 0.13 | 0.95 | 0.43 | 0.41 | 0.39 | 0.41 | 12.58 | 24.85 | 32.43 | 45.23 | 50.90 |
| Other Liabilities | 3.44 | 1.62 | 2.27 | 0.34 | 1.92 | 0.30 | 0.33 | 1.17 | 0.60 | 6.02 | 3.02 | 30.94 |
| Total Liabilities | 50.50 | 49.54 | 51.69 | 49.77 | 52.16 | 51.05 | 51.53 | 65.10 | 77.97 | 92.07 | 103 | 138 |
| Fixed Assets | 0.00 | 0.10 | 0.07 | 0.05 | 0.03 | 0.02 | 0.08 | 0.06 | 0.04 | 0.03 | 0.02 | 0.15 |
| 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 | 0.00 | 0.00 | 16.91 | 1.91 | 0.91 | 0.91 | 0.91 | 0.66 | 0.00 | 1.26 | 0.00 | 0.00 |
| Other Assets | 50.50 | 49.44 | 34.71 | 47.81 | 51.22 | 50.12 | 50.54 | 64.38 | 77.93 | 90.78 | 103 | 138 |
| Inventories | 9.01 | 9.99 | 0.00 | 11.99 | 8.99 | 7.01 | 8.01 | 2.99 | 6.99 | 18.99 | 9.01 | 3.99 |
| Trade receivables | 0.00 | 0.99 | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 5.98 | 0.99 | 1.99 | 3.99 | 7.97 |
| Cash & equivalents | 0.00 | 3.01 | 1.01 | 1.01 | 1.01 | 0.00 | 2.01 | 0.00 | 1.01 | 0.00 | 1.01 | 0.00 |
| Total Assets | 50.50 | 49.54 | 51.69 | 49.77 | 52.16 | 51.05 | 51.53 | 65.10 | 77.97 | 92.07 | 103 | 138 |
| 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 | 0.79 | 6.45 | 8.48 | 1.86 | 3.12 | 2.53 | 4.65 | 0.92 | 5.81 | 4.12 | 6.29 | 6.90 |
| Cash from investing activity | −0.72 | −3.27 | −10.36 | −2.32 | −3.17 | −3.16 | −2.97 | −2.77 | −4.54 | −5.15 | −6.12 | −7.46 |
| Cash from financing activity | −0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.00 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash flow | 0.04 | 3.18 | −1.83 | −0.42 | −0.02 | −0.62 | 1.70 | −1.81 | 1.25 | −1.02 | 0.17 | −0.55 |
| Capex | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 |
| Free cash flow | 0.79 | 6.36 | 8.52 | 1.88 | 3.14 | 2.53 | 4.59 | 0.94 | 5.83 | 4.13 | 6.30 | 6.73 |
| CFO / OP % | 76.9% | 616.9% | 902.0% | 250.9% | 301.0% | 420.9% | 696.0% | 115.9% | 210.0% | 131.9% | 138.9% | 141.0% |
| 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 | 1 | 31 | 18 | 9 | 0 | 18 | 0 | 239 | 17 | 14 | 21 | 75 |
| Inventory days | 401 | 264 | 0 | 135 | 58 | 1,011 | — | 143 | 128 | 212 | 53 | 46 |
| Days payable | 18 | 12 | — | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 | 101 |
| Cash conversion cycle | 383 | 283 | 18 | 145 | 58 | 1,029 | 0 | 382 | 146 | 226 | 74 | 20 |
| Working capital days | 1,609 | 1,033 | 1,110 | 522 | 309 | 728 | 763 | 328 | 134 | 167 | 72 | 228 |
| ROCE % | 3.9% | 2.3% | 1.9% | 1.6% | 2.2% | 1.2% | 1.3% | 1.6% | 4.2% | 4.3% | 5.3% | 5.1% |
For the Mar 2026 quarter, Greencrest Financial Services reported sales of ₹14.44 Cr, up 15.3% year on year and net profit of −₹1.40 Cr. The operating margin was −10.4%.
Greencrest Financial Services' sales for the year to Mar 2026 were ₹38.20 Cr; over the last twelve months they were ₹38.23 Cr.
Net profit for the year to Mar 2026 was ₹1.34 Cr, and ₹1.34 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.06.
Greencrest Financial Services reported borrowings of ₹50.90 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was ₹6.90 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹6.73 Cr.