Pipan Oils (BSE 538537)₹184.250.00%Trading & Distributors
In the Mar 2026 quarter (standalone), Pipan Oils reported sales of ₹0 Cr and net profit of −₹1.89 Cr. For the year to Mar 2026, sales were ₹0 Cr and net profit −₹2.06 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 0.19 | 0.06 | 0.02 | 0.23 | 0.02 | 0.11 | 0.05 | 0.06 | 0.12 | 0.07 | 0.70 |
| Operating Profit | −0.19 | −0.06 | −0.02 | −0.22 | −0.02 | −0.11 | −0.05 | −0.06 | −0.12 | −0.07 | −0.70 |
| OPM % | — | — | — | −2,100.0% | — | — | — | — | — | — | — |
| Other Income | −4.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.00 | 0.00 | −1.22 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 | 0.00 |
| Depreciation | 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 | −4.27 | −0.06 | −0.02 | −0.22 | −0.02 | −0.11 | −0.05 | −0.06 | −0.12 | −0.07 | −1.91 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Exceptional items | −3.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.99 |
| Net Profit | −4.25 | −0.04 | 0.00 | −0.20 | 0.00 | −0.09 | −0.03 | −0.04 | −0.10 | −0.05 | −1.89 |
| EPS (Rs) | −2.41 | −0.04 | −0.02 | −0.13 | −0.01 | −0.21 | −0.09 | −0.11 | −0.05 | −0.04 | −1.09 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.10 | 2.15 | 1.75 | 2.04 | 1.93 | 0.00 | 2.15 | 3.61 | 0.60 | 0.02 | 0.00 | 0.00 |
| Expenses | 2.17 | 2.26 | 1.70 | 2.03 | 1.93 | 0.02 | 5.20 | 3.91 | 0.84 | 0.33 | 0.20 | 0.87 |
| Operating Profit | −0.08 | −0.12 | 0.06 | 0.02 | 0.00 | −0.02 | −3.05 | −0.31 | −0.25 | −0.32 | −0.20 | −0.87 |
| OPM % | −3.3% | −5.1% | 2.9% | 0.5% | 0.0% | — | −142.0% | −8.3% | −40.6% | −3,100.0% | — | — |
| Other Income | 0.15 | 0.18 | 0.00 | 0.02 | 0.02 | 0.00 | 3.11 | 0.07 | −4.09 | 0.00 | 0.13 | −1.22 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.07 | 0.01 | 0.11 | 0.00 |
| Depreciation | 0.05 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.04 | 0.05 | 0.04 | 0.03 | 0.02 | −0.02 | −0.03 | −0.28 | −4.42 | −0.34 | −0.20 | −2.08 |
| Tax % | 33.4% | 100.1% | 33.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −3.99 | 0.00 | 0.00 | −0.99 |
| Net Profit | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | −0.01 | −0.27 | −4.40 | −0.32 | −0.18 | −2.06 |
| EPS (Rs) | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | −0.02 | −0.02 | −0.17 | −2.49 | −0.20 | −0.39 | −1.19 |
| 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 | 3.55 | 3.54 | 3.54 | 3.55 | 3.54 | 3.55 | 3.54 | 3.54 | 3.54 | 0.10 | 1.00 | 3.50 |
| Reserves | 0.06 | 0.06 | 0.08 | 0.09 | 0.11 | 0.10 | 0.08 | −0.18 | −4.59 | −1.09 | −1.28 | −3.30 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 6.30 | 2.91 | 4.28 | 3.65 | 0.90 |
| Other Liabilities | 2.34 | 2.43 | 2.68 | 2.15 | 2.19 | 2.19 | 6.35 | 11.06 | 0.28 | 0.05 | 0.13 | 0.04 |
| Total Liabilities | 5.95 | 6.03 | 6.30 | 5.79 | 5.84 | 5.84 | 10.24 | 20.72 | 2.14 | 3.34 | 3.50 | 1.14 |
| Fixed Assets | 0.02 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.04 | 0.23 | 0.02 | 0.00 | 0.00 | 0.00 |
| 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 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 1.01 | 4.92 | 0.81 | 0.81 | 0.81 | 0.18 |
| Other Assets | 5.12 | 5.22 | 5.49 | 4.96 | 5.03 | 5.03 | 9.19 | 15.57 | 1.31 | 2.53 | 2.69 | 0.96 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 3.94 | 3.92 | 4.30 | 3.91 | 3.91 | 3.91 | 3.13 | 1.35 | 0.11 | 1.22 | 0.31 | 0.00 |
| Cash & equivalents | 0.29 | 0.01 | 0.25 | 0.23 | 0.08 | 0.09 | 0.13 | 0.00 | 0.00 | 0.05 | 0.00 | 0.15 |
| Total Assets | 5.95 | 6.03 | 6.30 | 5.79 | 5.84 | 5.84 | 10.24 | 20.72 | 2.14 | 3.34 | 3.50 | 1.14 |
| 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 | 0.20 | −0.29 | 0.25 | 0.25 | 0.13 | −0.17 | 4.14 | 3.32 | −10.41 | −2.45 | −0.38 | −0.73 |
| Cash from investing activity | 0.00 | 0.00 | 0.00 | 0.00 | −0.20 | 0.03 | −0.23 | −4.16 | 13.86 | 0.02 | 0.00 | 0.00 |
| Cash from financing activity | 0.00 | 0.00 | 0.00 | 0.00 | −0.10 | 0.00 | −3.88 | 0.72 | −3.48 | 2.49 | 0.33 | 0.88 |
| Net cash flow | 0.20 | −0.29 | 0.25 | 0.25 | −0.18 | −0.15 | 0.05 | −0.14 | 0.00 | 0.06 | −0.06 | 0.17 |
| Capex | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.24 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flow | 0.20 | −0.29 | 0.25 | 0.25 | 0.13 | −0.17 | 4.11 | 3.09 | −10.22 | −2.44 | −0.38 | −0.73 |
| CFO / OP % | −343.0% | 245.0% | 500.0% | 2,500.0% | — | 1,599.9% | −136.0% | −1,103.0% | 4,329.0% | 786.9% | 195.0% | 84.0% |
| 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 | 691 | 671 | 905 | 706 | 746 | — | 537 | 139 | 75 | 44,896 | — | — |
| Inventory days | 0 | 0 | 0 | 0 | 0 | — | 40 | 31 | 0 | 0 | — | — |
| Days payable | — | — | — | — | — | — | 1,052 | 683 | — | — | — | — |
| Cash conversion cycle | 691 | 671 | 905 | 706 | 746 | — | −477 | −514 | 75 | 44,896 | — | — |
| Working capital days | 294 | 267 | 351 | 323 | 332 | — | −412 | −603 | −73 | 44,166 | — | — |
| ROCE % | 0.8% | 1.1% | 0.8% | 0.6% | 0.3% | −0.3% | 1.6% | −4.6% | −4.3% | −12.1% | −2.1% | −38.7% |
For the Mar 2026 quarter, Pipan Oils reported sales of ₹0 Cr and net profit of −₹1.89 Cr.
Pipan Oils' sales for the year to Mar 2026 were ₹0 Cr.
Net profit for the year to Mar 2026 was −₹2.06 Cr. Earnings per share over the same trailing period were ₹−1.19.
Pipan Oils reported borrowings of ₹0.90 Cr at Mar 2026, against cash and equivalents of ₹0.15 Cr.
Cash from operations was −₹0.73 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.73 Cr.