Popular Foundations (BSE 544259)₹25.38−0.28%Civil Construction
In the Mar 2026 quarter (standalone), Popular Foundations reported sales of ₹27.70 Cr, down 19.9% from Mar 2025, and net profit of ₹0.08 Cr, down 94.2% year on year. For the year to Mar 2026, sales were ₹61.62 Cr and net profit ₹1 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Sep 2023 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales | 18.82 | 23.93 | 34.59 | 33.95 | 27.70 |
| Expenses | 15.28 | 19.73 | 31.79 | 32.11 | 27.27 |
| Operating Profit | 3.54 | 4.24 | 2.81 | 1.86 | 0.44 |
| OPM % | 18.8% | 17.7% | 8.1% | 5.5% | 1.6% |
| Other Income | 0.04 | 0.33 | 0.03 | 0.07 | 0.38 |
| Interest | 0.75 | 0.73 | 0.77 | 0.60 | 0.60 |
| Depreciation | 0.10 | 0.21 | 0.20 | 0.21 | 0.24 |
| Profit before tax | 2.72 | 3.62 | 1.86 | 1.13 | −0.05 |
| Tax % | 9.3% | 33.1% | 24.9% | 17.9% | −324.9% |
| Net Profit | 2.44 | 2.41 | 1.38 | 0.91 | 0.08 |
| EPS (Rs) | 3.54 | 1.18 | 0.67 | 0.44 | 0.03 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 20.24 | 25.83 | 46.99 | 51.73 | 58.53 | 61.62 |
| Expenses | 18.91 | 23.59 | 45.36 | 45.08 | 51.48 | 59.35 |
| Operating Profit | 1.33 | 2.25 | 1.67 | 6.61 | 7.07 | 2.28 |
| OPM % | 6.6% | 8.7% | 3.6% | 12.8% | 12.1% | 3.7% |
| Other Income | 0.42 | 0.40 | 1.56 | 0.08 | 0.36 | 0.46 |
| Interest | 1.80 | 1.98 | 1.56 | 1.44 | 1.52 | 1.18 |
| Depreciation | 0.24 | 0.29 | 0.32 | 0.27 | 0.42 | 0.46 |
| Profit before tax | −0.30 | 0.39 | 1.36 | 4.97 | 5.47 | 1.09 |
| Tax % | −24.1% | 5.3% | 11.9% | 30.3% | 30.3% | 5.6% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −0.20 | 0.35 | 1.19 | 3.45 | 3.80 | 1.00 |
| EPS (Rs) | −20.97 | 35.95 | 119.75 | 2.30 | 1.86 | 0.49 |
| Dividend payout % | 0.0% | 0.0% | 16.6% | 12.9% | 0.0% | 0.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.99 | 0.99 | 0.99 | 14.99 | 20.33 | 20.35 |
| Reserves | 12.49 | 12.86 | 13.87 | 8.44 | 22.36 | 23.06 |
| Borrowings | 14.43 | 18.35 | 17.53 | 15.77 | 11.35 | 14.12 |
| Other Liabilities | 13.70 | 17.07 | 16.23 | 23.82 | 19.27 | 26.68 |
| Total Liabilities | 41.61 | 49.27 | 48.62 | 63.02 | 73.31 | 84.21 |
| Fixed Assets | 5.48 | 7.13 | 7.01 | 3.96 | 4.22 | 4.94 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.06 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 36.07 | 42.08 | 41.61 | 59.06 | 69.09 | 79.27 |
| Inventories | 5.19 | 13.80 | 9.37 | 6.48 | 19.64 | 22.14 |
| Trade receivables | 22.63 | 19.32 | 24.26 | 44.84 | 41.48 | 47.14 |
| Cash & equivalents | 0.20 | 0.14 | 0.27 | 0.26 | 0.43 | 0.05 |
| Total Assets | 41.61 | 49.27 | 48.62 | 63.02 | 73.31 | 84.21 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | 0.89 | −0.14 | 2.74 | −6.31 | −10.65 | −2.07 |
| Cash from investing activity | −0.68 | −1.89 | −0.03 | 2.78 | −0.58 | −1.09 |
| Cash from financing activity | −0.03 | 1.95 | −2.58 | 3.52 | 11.41 | 2.78 |
| Net cash flow | 0.20 | −0.08 | 0.12 | 0.00 | 0.16 | −0.38 |
| Capex | 0.36 | 1.94 | 0.22 | 1.72 | 0.69 | 1.19 |
| Free cash flow | 0.50 | −2.07 | 2.53 | −3.52 | −11.17 | −3.13 |
| CFO / OP % | 67.0% | −3.0% | 164.0% | −84.0% | −134.0% | −77.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 407 | 272 | 187 | 315 | 257 | 278 |
| Inventory days | 216 | 376 | 85 | 60 | 165 | 158 |
| Days payable | 250 | 281 | 86 | 173 | 133 | 169 |
| Cash conversion cycle | 372 | 367 | 186 | 203 | 289 | 267 |
| Working capital days | 259 | 243 | 129 | 188 | 254 | 250 |
| ROCE % | — | 7.8% | 8.9% | 18.0% | 15.0% | 4.1% |
For the Mar 2026 quarter, Popular Foundations reported sales of ₹27.70 Cr, down 19.9% year on year and net profit of ₹0.08 Cr, down 94.2% year on year. The operating margin was 1.6%.
Popular Foundations' sales for the year to Mar 2026 were ₹61.62 Cr.
Net profit for the year to Mar 2026 was ₹1 Cr. Earnings per share over the same trailing period were ₹0.49.
Popular Foundations reported borrowings of ₹14.12 Cr at Mar 2026, against cash and equivalents of ₹0.05 Cr.
Cash from operations was −₹2.07 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹3.13 Cr.