Goblin India (BSE 542850)₹10.97+4.98%Gems, Jewellery And Watches
In the Mar 2026 quarter (consolidated), Goblin India reported sales of ₹30.44 Cr, up 0.2% from Mar 2025, and net profit of ₹0.78 Cr, up 333.3% year on year. For the year to Mar 2026, sales were ₹55.34 Cr and net profit ₹2.32 Cr.
Company filings, consolidated accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 18.48 | 22.01 | 22.40 | 24.96 | 30.38 | 24.91 | 30.44 |
| Expenses | 17.11 | 20.41 | 20.30 | 21.62 | 30.16 | 22.77 | 29.05 |
| Operating Profit | 1.41 | 1.63 | 2.14 | 3.36 | 0.23 | 2.18 | 1.45 |
| OPM % | 7.6% | 7.4% | 9.5% | 13.5% | 0.7% | 8.8% | 4.8% |
| Other Income | 2.27 | 1.26 | 0.60 | 1.35 | 0.82 | 0.81 | 0.74 |
| Interest | 1.54 | 1.32 | 1.27 | 1.16 | 0.95 | 0.80 | 0.69 |
| Depreciation | 0.30 | 0.32 | 0.36 | 0.31 | 0.33 | 0.28 | 0.30 |
| Profit before tax | 1.83 | 1.24 | 1.08 | 3.23 | −0.24 | 1.90 | 1.19 |
| Tax % | 6.0% | 0.0% | −14.7% | 0.0% | −172.0% | 18.5% | 34.7% |
| Exceptional items | 0.40 | 0.00 | 0.00 | 0.59 | 0.00 | 0.00 | 0.00 |
| Net Profit | 1.72 | 1.23 | 1.24 | 3.21 | 0.18 | 1.53 | 0.78 |
| EPS (Rs) | 1.33 | 0.89 | 0.91 | 2.34 | 0.15 | 1.12 | 0.57 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 52.30 | 60.72 | 68.27 | 70.79 | 39.40 | 18.75 | 36.22 | 44.42 | 55.33 | 55.34 |
| Expenses | 49.84 | 55.23 | 61.56 | 63.66 | 38.57 | 20.19 | 35.05 | 40.72 | 51.69 | 51.82 |
| Operating Profit | 2.56 | 5.54 | 6.82 | 7.16 | 0.88 | −1.41 | 1.22 | 3.77 | 3.66 | 3.62 |
| OPM % | 4.9% | 9.1% | 10.0% | 10.1% | 2.2% | −7.4% | 3.4% | 8.5% | 6.6% | 6.6% |
| Other Income | 0.04 | 0.19 | 0.13 | 0.14 | 0.01 | 2.16 | 3.93 | 1.87 | 2.18 | 1.56 |
| Interest | 1.60 | 1.78 | 2.43 | 1.95 | 2.42 | 2.02 | 2.95 | 2.61 | 2.12 | 1.50 |
| Depreciation | 0.17 | 0.17 | 0.29 | 0.36 | 0.41 | 0.27 | 0.38 | 0.70 | 0.64 | 0.59 |
| Profit before tax | 0.82 | 3.77 | 4.20 | 4.95 | −1.97 | −1.55 | 1.81 | 2.30 | 3.04 | 3.08 |
| Tax % | 21.0% | 17.6% | 17.7% | 14.5% | −1.5% | 3.9% | 6.1% | −6.9% | 20.4% | 24.8% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 1.29 | 0.00 | 0.47 | 0.00 |
| Net Profit | 0.62 | 3.08 | 3.44 | 4.23 | −1.92 | −1.59 | 1.70 | 2.47 | 2.41 | 2.32 |
| EPS (Rs) | 9.29 | 45.60 | 50.89 | 4.07 | −1.86 | −1.54 | 1.32 | 1.80 | 1.76 | 1.68 |
| Dividend payout % | 0.0% | 0.6% | 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 | 0.67 | 0.67 | 0.67 | 10.46 | 10.44 | 10.44 | 12.93 | 13.83 | 13.83 | 13.81 |
| Reserves | 1.35 | 3.69 | 7.32 | 17.92 | 15.43 | 13.88 | 18.40 | 26.88 | 29.43 | 32.51 |
| Borrowings | 16.89 | 18.88 | 23.20 | 20.54 | 23.95 | 27.61 | 27.07 | 21.78 | 13.09 | 14.09 |
| Other Liabilities | 3.97 | 10.12 | 5.70 | 5.33 | 8.44 | 10.76 | 14.59 | 9.95 | 25.57 | 27.85 |
| Total Liabilities | 22.88 | 33.36 | 36.89 | 54.25 | 58.26 | 62.69 | 72.99 | 72.44 | 81.92 | 88.26 |
| Fixed Assets | 1.55 | 1.41 | 2.01 | 2.26 | 4.33 | 3.93 | 6.78 | 6.52 | 3.56 | 3.05 |
| CWIP | 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 | 0.00 | 2.51 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 21.33 | 31.95 | 34.88 | 49.48 | 53.93 | 58.76 | 66.21 | 65.92 | 78.36 | 85.21 |
| Inventories | 7.15 | 11.42 | 16.53 | 24.81 | 21.89 | 17.86 | 16.45 | 16.22 | 23.92 | 23.72 |
| Trade receivables | 10.96 | 15.05 | 15.57 | 19.03 | 24.15 | 20.16 | 30.19 | 31.41 | 31.87 | 27.19 |
| Cash & equivalents | 1.37 | 1.09 | 0.60 | 1.01 | 0.29 | 0.24 | 0.21 | 0.21 | 0.94 | 1.50 |
| Total Assets | 22.88 | 33.36 | 36.89 | 54.25 | 58.26 | 62.69 | 72.99 | 72.44 | 81.92 | 88.26 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1.82 | 1.81 | −1.30 | −7.55 | −3.03 | −7.45 | 1.70 | 1.24 | 8.21 | 1.08 |
| Cash from investing activity | −0.12 | −0.03 | −0.91 | −3.30 | 0.00 | 0.27 | −3.02 | −0.45 | 2.32 | −0.10 |
| Cash from financing activity | −0.96 | −2.07 | 1.68 | 11.23 | 2.31 | 7.11 | 1.26 | −0.78 | −9.77 | −0.41 |
| Net cash flow | 0.73 | −0.29 | −0.51 | 0.42 | −0.73 | −0.06 | −0.04 | −0.02 | 0.74 | 0.57 |
| Capex | 0.14 | 0.05 | 0.91 | 0.63 | 0.03 | 0.02 | 3.60 | 0.45 | 0.20 | 0.10 |
| Free cash flow | 1.67 | 1.77 | −2.18 | −8.15 | −3.05 | −7.44 | −1.87 | 0.78 | 8.00 | 0.97 |
| CFO / OP % | 78.1% | 45.1% | −8.0% | −95.0% | −348.9% | 531.1% | 141.0% | 33.0% | 237.0% | 51.0% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 77 | 91 | 83 | 99 | 224 | 394 | 305 | 259 | 211 | 180 |
| Inventory days | 58 | 86 | 108 | 158 | 233 | 389 | 209 | 178 | 210 | 211 |
| Days payable | 20 | 60 | 18 | 19 | 73 | 110 | 157 | 84 | 183 | 180 |
| Cash conversion cycle | 114 | 116 | 173 | 237 | 384 | 672 | 357 | 352 | 238 | 210 |
| Working capital days | 35 | 46 | 80 | 153 | 305 | 798 | 441 | 394 | 297 | 326 |
| ROCE % | — | 26.4% | 24.4% | 17.3% | 1.0% | −0.0% | 6.2% | 8.2% | 7.8% | 7.9% |
For the Mar 2026 quarter, Goblin India reported sales of ₹30.44 Cr, up 0.2% year on year and net profit of ₹0.78 Cr, up 333.3% year on year. The operating margin was 4.8%.
Goblin India's sales for the year to Mar 2026 were ₹55.34 Cr.
Net profit for the year to Mar 2026 was ₹2.32 Cr. Earnings per share over the same trailing period were ₹1.68.
Goblin India reported borrowings of ₹14.09 Cr at Mar 2026, against cash and equivalents of ₹1.50 Cr.
Cash from operations was ₹1.08 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.97 Cr.