Raw Edge Industrial Solutions (BSE 541634)₹14.24+4.48%Industrial Minerals
In the Mar 2026 quarter (standalone), Raw Edge Industrial Solutions reported sales of ₹10.59 Cr, down 0.8% from Mar 2025, and net profit of ₹0.21 Cr. For the year to Mar 2026, sales were ₹35.73 Cr and net profit −₹0.14 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 | 11.09 | 10.84 | 9.89 | 13.11 | 10.13 | 12.75 | 11.17 | 10.68 | 8.03 | 8.39 | 8.73 | 10.59 |
| Expenses | 10.68 | 10.43 | 9.22 | 11.36 | 9.38 | 11.80 | 10.45 | 9.95 | 7.41 | 7.80 | 8.08 | 9.88 |
| Operating Profit | 0.39 | 0.40 | 0.67 | 1.71 | 0.74 | 0.91 | 0.71 | 0.71 | 0.62 | 0.57 | 0.63 | 0.71 |
| OPM % | 3.4% | 3.6% | 6.6% | 13.0% | 7.2% | 7.2% | 6.4% | 6.5% | 7.5% | 6.9% | 7.3% | 6.6% |
| Other Income | 0.02 | 0.00 | 0.02 | 0.00 | 0.02 | 0.02 | 0.05 | −0.02 | 0.02 | 0.02 | 0.53 | 0.04 |
| Interest | 0.59 | 0.57 | 0.54 | 0.57 | 0.48 | 0.46 | 0.44 | 0.34 | 0.37 | 0.36 | 0.35 | 0.35 |
| Depreciation | 0.43 | 0.43 | 0.44 | 0.43 | 0.45 | 0.46 | 0.46 | 0.46 | 0.59 | 0.56 | 0.59 | 0.14 |
| Profit before tax | −0.60 | −0.58 | −0.28 | 0.73 | −0.16 | 0.02 | −0.11 | −0.08 | −0.31 | −0.30 | 0.23 | 0.25 |
| Tax % | −68.8% | 25.5% | −20.6% | 21.7% | −23.5% | −66.6% | −58.3% | 911.2% | −12.4% | −22.5% | 20.9% | 23.2% |
| Net Profit | −0.21 | −0.75 | −0.23 | 0.59 | −0.14 | 0.06 | −0.06 | −0.92 | −0.28 | −0.25 | 0.20 | 0.21 |
| EPS (Rs) | −0.21 | −0.75 | −0.23 | 0.57 | −0.14 | 0.06 | −0.06 | −0.91 | −0.28 | −0.25 | 0.18 | 0.19 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 47.79 | 53.40 | 59.70 | 52.11 | 43.86 | 44.73 | 52.75 | 44.95 | 44.76 | 35.73 | 35.74 |
| Expenses | 45.19 | 49.26 | 54.45 | 46.46 | 40.16 | 41.13 | 48.83 | 41.68 | 41.58 | 33.10 | 33.17 |
| Operating Profit | 2.51 | 4.01 | 5.21 | 5.53 | 3.66 | 3.52 | 3.88 | 3.13 | 3.06 | 2.59 | 2.53 |
| OPM % | 5.2% | 7.4% | 8.7% | 10.5% | 8.3% | 7.8% | 7.3% | 6.9% | 6.8% | 7.2% | 7.1% |
| Other Income | 0.69 | 0.60 | 0.19 | 0.33 | −0.08 | −0.10 | 0.02 | 0.04 | 0.06 | 0.53 | 0.61 |
| Interest | 1.35 | 1.28 | 1.35 | 2.25 | 2.09 | 2.28 | 2.30 | 2.24 | 1.68 | 1.40 | 1.43 |
| Depreciation | 0.92 | 0.94 | 0.94 | 2.14 | 2.22 | 1.91 | 1.60 | 1.71 | 1.79 | 1.85 | 1.88 |
| Profit before tax | 0.94 | 2.38 | 3.12 | 1.46 | −0.70 | −0.74 | 0.01 | −0.75 | −0.34 | −0.12 | −0.13 |
| Tax % | 33.8% | 27.2% | 27.3% | 34.8% | −30.9% | −23.9% | 0.0% | −22.3% | 197.2% | 0.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | −0.08 | −0.10 | 0.00 | 0.00 | 0.04 | 0.49 | — |
| Net Profit | 0.64 | 1.75 | 2.30 | 0.97 | −0.51 | −0.58 | 0.03 | −0.60 | −1.05 | −0.14 | −0.12 |
| EPS (Rs) | 6.31 | 2.19 | 2.28 | 0.96 | −0.51 | −0.58 | 0.03 | −0.58 | −1.04 | −0.12 | −0.16 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.85 | 6.71 | 8.39 | 8.39 | 8.39 | 10.07 | 10.08 | 10.07 | 10.07 | 10.08 |
| Reserves | 5.46 | 1.32 | 14.08 | 15.02 | 14.59 | 12.41 | 12.45 | 11.86 | 10.83 | 10.83 |
| Borrowings | 12.31 | 12.74 | 16.81 | 22.79 | 24.69 | 24.25 | 23.12 | 23.22 | 18.68 | 16.72 |
| Other Liabilities | 8.61 | 8.24 | 20.12 | 13.15 | 13.12 | 16.36 | 9.48 | 8.94 | 10.57 | 7.87 |
| Total Liabilities | 27.23 | 29.01 | 59.40 | 59.35 | 60.79 | 63.09 | 55.13 | 54.09 | 50.15 | 45.50 |
| Fixed Assets | 5.98 | 5.29 | 5.07 | 29.60 | 27.58 | 25.50 | 25.77 | 24.63 | 25.40 | 23.90 |
| CWIP | 0.00 | 0.00 | 21.43 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.06 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 21.25 | 23.72 | 32.90 | 29.75 | 33.21 | 37.59 | 29.32 | 29.46 | 24.75 | 21.54 |
| Inventories | 0.25 | 0.34 | 0.32 | 4.43 | 5.24 | 5.46 | 13.12 | 13.82 | 13.40 | 13.16 |
| Trade receivables | 17.46 | 21.50 | 26.01 | 19.90 | 22.76 | 26.97 | 11.59 | 10.06 | 7.81 | 6.35 |
| Cash & equivalents | 0.00 | 0.00 | 1.06 | 0.84 | 0.93 | 0.03 | 0.02 | 0.07 | 0.00 | 0.01 |
| Total Assets | 27.23 | 29.01 | 59.40 | 59.35 | 60.79 | 63.09 | 55.13 | 54.09 | 50.15 | 45.50 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1.37 | 0.06 | 11.76 | 0.53 | 0.63 | 1.80 | 5.13 | 2.65 | 8.68 | 3.77 |
| Cash from investing activity | −1.18 | −0.24 | −22.13 | −5.23 | 0.18 | −0.04 | −1.86 | −0.56 | −2.58 | −0.44 |
| Cash from financing activity | −0.19 | 0.17 | 11.46 | 4.49 | −0.68 | −2.68 | −3.29 | −2.02 | −6.18 | −3.32 |
| Net cash flow | −0.03 | −0.02 | 1.07 | −0.23 | 0.10 | −0.91 | −0.02 | 0.06 | −0.11 | 0.02 |
| Capex | 1.19 | 0.25 | 22.19 | 26.72 | 0.18 | 0.91 | 1.83 | 0.58 | 2.58 | 0.39 |
| Free cash flow | 0.19 | −0.20 | −10.42 | −4.71 | 0.80 | 1.78 | 3.27 | 2.11 | 6.10 | 3.34 |
| CFO / OP % | 65.0% | 21.0% | 245.0% | 10.0% | 17.0% | 51.0% | 131.0% | 84.0% | 284.0% | 146.0% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 134 | 147 | 159 | 139 | 189 | 220 | 80 | 82 | 64 | 65 |
| Inventory days | 4 | 5 | 4 | 50 | 70 | 72 | 155 | 204 | 207 | 258 |
| Days payable | 94 | 86 | 188 | 135 | 164 | 207 | 106 | 125 | 146 | 132 |
| Cash conversion cycle | 45 | 67 | −24 | 55 | 96 | 87 | 130 | 162 | 126 | 192 |
| Working capital days | 17 | 34 | −17 | 16 | 60 | 47 | 62 | 85 | 58 | 73 |
| ROCE % | — | 18.7% | 15.0% | 8.8% | 3.1% | 3.4% | 5.1% | 3.3% | 3.1% | 2.0% |
For the Mar 2026 quarter, Raw Edge Industrial Solutions reported sales of ₹10.59 Cr, down 0.8% year on year and net profit of ₹0.21 Cr. The operating margin was 6.6%.
Raw Edge Industrial Solutions' sales for the year to Mar 2026 were ₹35.73 Cr; over the last twelve months they were ₹35.74 Cr.
Net profit for the year to Mar 2026 was −₹0.14 Cr, and −₹0.12 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.16.
Raw Edge Industrial Solutions reported borrowings of ₹16.72 Cr at Mar 2026, against cash and equivalents of ₹0.01 Cr.
Cash from operations was ₹3.77 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹3.34 Cr.