Crystal Business System (BSE 540821)₹1.84−2.13%TV Broadcasting & Software Production
In the Mar 2026 quarter (standalone), Crystal Business System reported sales of ₹4.61 Cr, down 28.7% from Mar 2025, and net profit of ₹3.18 Cr. For the year to Mar 2026, sales were ₹8.70 Cr and net profit ₹0.11 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 | 4.06 | 5.45 | 2.05 | 3.89 | 2.88 | 3.92 | 3.99 | 6.47 | 1.61 | 1.59 | 0.91 | 4.61 |
| Expenses | 3.79 | 4.05 | 3.76 | 3.02 | 2.68 | 2.98 | 2.12 | 7.94 | 2.24 | 2.32 | 2.49 | 1.31 |
| Operating Profit | 0.28 | 1.42 | −1.72 | 0.88 | 0.21 | 0.95 | 1.88 | −1.47 | −0.64 | −0.74 | −1.59 | 3.31 |
| OPM % | 6.7% | 26.0% | −83.8% | 22.5% | 7.0% | 24.1% | 47.0% | −22.5% | −39.3% | −46.2% | −175.5% | 71.8% |
| Other Income | 0.00 | 0.00 | 0.01 | 0.05 | 0.00 | 0.14 | 0.09 | 0.12 | 0.10 | 0.09 | 0.10 | 0.12 |
| Interest | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.04 | 0.05 | 0.06 | 0.04 | 0.04 | 0.04 | 0.06 |
| Depreciation | 0.08 | 0.08 | 0.09 | 0.12 | 0.10 | 0.10 | 0.10 | 0.11 | 0.08 | 0.08 | 0.08 | 0.03 |
| Profit before tax | 0.17 | 1.30 | −1.78 | 0.78 | 0.08 | 0.94 | 1.81 | −1.49 | −0.63 | −0.74 | −1.58 | 3.33 |
| Tax % | 22.2% | 25.2% | 0.0% | −29.1% | 22.2% | 25.3% | 24.2% | −16.0% | 0.0% | −6.7% | 8.2% | 4.5% |
| 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 | 0.12 | 0.97 | −1.78 | 1.00 | 0.06 | 0.70 | 1.38 | −1.26 | −0.62 | −0.69 | −1.71 | 3.18 |
| EPS (Rs) | 0.00 | 0.09 | −0.17 | 0.09 | 0.00 | 0.06 | 0.13 | −0.12 | −0.05 | −0.06 | −0.16 | 0.31 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24.30 | 36.18 | 55.34 | 55.54 | 34.61 | 22.54 | 23.95 | 19.00 | 15.45 | 17.14 | 8.70 | 8.72 |
| Expenses | 23.83 | 35.35 | 53.67 | 53.48 | 32.99 | 22.28 | 24.34 | 19.20 | 14.62 | 15.60 | 8.35 | 8.36 |
| Operating Profit | 0.52 | 0.89 | 1.77 | 2.16 | 1.68 | 0.29 | −0.36 | −0.19 | 0.84 | 1.58 | 0.36 | 0.34 |
| OPM % | 2.1% | 2.5% | 3.2% | 3.9% | 4.9% | 1.3% | −1.5% | −1.0% | 5.4% | 9.2% | 4.1% | 3.9% |
| Other Income | 0.06 | 0.03 | 0.00 | 0.00 | 0.02 | 0.01 | 1.18 | 0.87 | 0.07 | 0.38 | 0.45 | 0.41 |
| Interest | 0.00 | 0.02 | 0.05 | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.03 | 0.15 | 0.12 | 0.18 |
| Depreciation | 0.00 | 0.02 | 0.04 | 0.20 | 0.46 | 0.40 | 0.46 | 0.45 | 0.41 | 0.45 | 0.35 | 0.27 |
| Profit before tax | 0.56 | 0.87 | 1.66 | 1.91 | 1.20 | −0.12 | 0.36 | 0.23 | 0.46 | 1.35 | 0.33 | 0.38 |
| Tax % | 31.6% | 34.1% | 34.2% | 27.1% | 28.1% | −15.4% | 16.2% | 150.0% | 29.8% | 33.1% | 67.7% | — |
| 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 | 0.38 | 0.58 | 1.09 | 1.39 | 0.87 | −0.10 | 0.30 | −0.11 | 0.33 | 0.90 | 0.11 | 0.16 |
| EPS (Rs) | — | — | 0.10 | 0.13 | 0.08 | 0.00 | 0.02 | 0.00 | 0.02 | 0.08 | 0.00 | 0.04 |
| Dividend payout % | 2.5% | 0.0% | 22.9% | 1.4% | 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 | 3.26 | 9.76 | 10.05 | 10.04 | 10.04 | 10.05 | 10.04 | 10.05 | 10.04 | 10.05 | 10.04 | 10.05 |
| Reserves | 0.33 | 0.98 | 1.29 | 2.08 | 3.45 | 4.31 | 4.20 | 4.50 | 4.14 | 4.98 | 5.19 | 5.06 |
| Borrowings | 0.00 | 0.99 | 1.95 | 4.05 | 6.09 | 2.49 | 3.08 | 5.23 | 3.19 | 2.48 | 3.82 | 0.59 |
| Other Liabilities | 13.13 | 10.36 | 20.38 | 13.13 | 20.09 | 11.59 | 8.45 | 8.83 | 9.43 | 7.95 | 5.50 | 6.78 |
| Total Liabilities | 16.72 | 22.09 | 33.67 | 29.30 | 39.67 | 28.44 | 25.77 | 28.61 | 26.80 | 25.46 | 24.55 | 22.48 |
| Fixed Assets | 0.04 | 0.05 | 0.21 | 0.45 | 2.07 | 1.84 | 1.87 | 2.17 | 1.83 | 1.83 | 1.44 | 1.19 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.10 | 0.08 |
| Investments | 0.84 | 0.84 | 0.84 | 0.84 | 0.84 | 0.84 | 4.86 | 7.94 | 7.69 | 8.37 | 5.33 | 5.08 |
| Other Assets | 15.84 | 21.20 | 32.62 | 28.01 | 36.76 | 25.76 | 19.04 | 18.50 | 17.28 | 15.23 | 17.68 | 16.13 |
| Inventories | 0.56 | 0.56 | 0.00 | 0.64 | 0.68 | 1.58 | 0.86 | 0.68 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 9.89 | 1.06 | 12.67 | 13.30 | 19.84 | 5.73 | 6.77 | 5.80 | 7.16 | 5.80 | 5.76 | 8.84 |
| Cash & equivalents | 0.01 | 14.39 | 13.03 | 1.04 | 0.11 | 0.05 | 0.60 | 0.99 | 0.12 | 0.54 | 0.08 | 0.25 |
| Total Assets | 16.72 | 22.09 | 33.67 | 29.30 | 39.67 | 28.44 | 25.77 | 28.61 | 26.80 | 25.46 | 24.55 | 22.48 |
| 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 | 0.24 | 6.51 | −1.67 | −13.47 | −1.12 | 3.80 | 4.42 | 1.58 | 4.96 | 0.65 | −3.49 | 0.92 |
| Cash from investing activity | −0.87 | 0.04 | −0.18 | −0.28 | −1.82 | −0.22 | −4.46 | −3.86 | −0.11 | −0.42 | 1.87 | 0.34 |
| Cash from financing activity | −0.96 | 7.84 | 0.51 | 1.80 | 2.04 | −3.64 | 0.60 | 2.29 | −5.73 | 0.21 | 1.16 | −1.13 |
| Net cash flow | −1.58 | 14.40 | −1.36 | −11.98 | −0.95 | −0.04 | 0.54 | 0.00 | −0.88 | 0.41 | −0.45 | 0.16 |
| Capex | 0.04 | 0.03 | 0.20 | 0.30 | 1.84 | 0.24 | 0.46 | 0.78 | 0.13 | 0.44 | 0.17 | 0.07 |
| Free cash flow | 0.21 | 6.48 | −1.86 | −13.76 | −2.95 | 3.57 | 3.97 | 0.81 | 4.84 | 0.22 | −3.65 | 0.86 |
| CFO / OP % | 141.0% | 1,359.0% | −158.0% | −738.0% | −49.0% | 250.0% | 1,582.0% | −454.0% | −2,761.0% | 106.0% | −208.0% | 266.0% |
| 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 | 155 | 16 | 128 | 88 | 131 | 61 | 110 | 89 | 138 | 138 | 123 | 373 |
| Inventory days | — | — | — | — | 37 | 70 | — | — | — | — | — | — |
| Days payable | — | — | — | — | 967 | 361 | — | — | — | — | — | — |
| Cash conversion cycle | 156 | 17 | 130 | 89 | −797 | −228 | 111 | 90 | 139 | 139 | 124 | 374 |
| Working capital days | 36 | −79 | −33 | 55 | 43 | 87 | 67 | 130 | 71 | 58 | 153 | 311 |
| ROCE % | 14.4% | 7.5% | 7.2% | 11.7% | 10.9% | 6.8% | −0.6% | 2.6% | 3.6% | 3.2% | 8.3% | 2.6% |
For the Mar 2026 quarter, Crystal Business System reported sales of ₹4.61 Cr, down 28.7% year on year and net profit of ₹3.18 Cr. The operating margin was 71.8%.
Crystal Business System's sales for the year to Mar 2026 were ₹8.70 Cr; over the last twelve months they were ₹8.72 Cr.
Net profit for the year to Mar 2026 was ₹0.11 Cr, and ₹0.16 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.04.
Crystal Business System reported borrowings of ₹0.59 Cr at Mar 2026, against cash and equivalents of ₹0.25 Cr.
Cash from operations was ₹0.92 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.86 Cr.