Systematic Industries (BSE 544541)₹240.00+0.29%Cables - Electricals
In the Mar 2026 quarter (standalone), Systematic Industries reported sales of ₹300 Cr, up 6.2% from Mar 2025, and net profit of ₹11.97 Cr, up 9.0% year on year. For the year to Mar 2026, sales were ₹555 Cr and net profit ₹20.95 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 165 | 282 | 255 | 300 |
| Expenses | 151 | 260 | 235 | 279 |
| Operating Profit | 13.96 | 20.97 | 17.95 | 18.95 |
| OPM % | 8.1% | 7.0% | 7.0% | 6.0% |
| Other Income | 1.01 | 2.01 | 2.01 | 2.01 |
| Interest | 3.99 | 3.99 | 4.99 | 0.99 |
| Depreciation | 1.01 | 3.01 | 2.99 | 3.01 |
| Profit before tax | 9.02 | 15.02 | 12.02 | 16.03 |
| Tax % | 27.1% | 26.1% | 25.0% | 25.0% |
| Net Profit | 6.98 | 10.98 | 8.98 | 11.97 |
| EPS (Rs) | 4.04 | 6.69 | 4.15 | 5.24 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 214 | 176 | 235 | 321 | 371 | 448 | 555 |
| Expenses | 204 | 169 | 225 | 306 | 346 | 411 | 515 |
| Operating Profit | 8.98 | 5.98 | 8.98 | 12.96 | 23.96 | 34.94 | 36.90 |
| OPM % | 4.3% | 3.4% | 3.8% | 4.2% | 7.0% | 8.0% | 7.1% |
| Other Income | 0.00 | 2.01 | 2.01 | 1.01 | 2.01 | 3.01 | 4.02 |
| Interest | 1.99 | 1.99 | 3.99 | 3.99 | 6.98 | 7.98 | 5.99 |
| Depreciation | 2.01 | 1.99 | 2.01 | 2.01 | 3.01 | 4.01 | 6.01 |
| Profit before tax | 5.01 | 4.01 | 5.01 | 8.02 | 17.02 | 25.03 | 28.05 |
| Tax % | 26.0% | 25.0% | 26.0% | 25.0% | 25.1% | 26.1% | 25.0% |
| Net Profit | 3.99 | 2.99 | 3.99 | 5.99 | 11.97 | 17.96 | 20.95 |
| EPS (Rs) | 60.68 | 44.00 | 58.99 | 95.72 | 125.55 | 10.98 | 9.40 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.65 | 0.65 | 0.65 | 0.65 | 0.98 | 16.95 | 21.94 |
| Reserves | 36.03 | 39.01 | 43.05 | 49.06 | 61.07 | 64.11 | 179 |
| Borrowings | 24.91 | 28.91 | 35.89 | 61.79 | 78.71 | 98.65 | 9.97 |
| Other Liabilities | 10.05 | 7.96 | 8.97 | 18.06 | 20.10 | 26.12 | 23.97 |
| Total Liabilities | 72.98 | 76.87 | 88.90 | 130 | 162 | 206 | 235 |
| Fixed Assets | 10.01 | 12.99 | 11.01 | 27.02 | 26.02 | 61.04 | 58.07 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 20.96 | 0.99 | 1.99 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 62.97 | 64.88 | 77.89 | 104 | 115 | 144 | 175 |
| Inventories | 8.97 | 13.94 | 15.94 | 25.88 | 33.88 | 39.83 | 55.80 |
| Trade receivables | 36.07 | 31.05 | 40.04 | 58.06 | 52.11 | 79.13 | 77.14 |
| Cash & equivalents | 0.99 | 0.00 | 0.00 | 0.99 | 0.99 | 0.99 | 12.97 |
| Total Assets | 72.98 | 76.87 | 88.90 | 130 | 162 | 206 | 235 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −1.99 | 1.99 | −0.99 | −6.98 | 14.97 | 7.97 | 5.99 |
| Cash from investing activity | 0.00 | −3.99 | −1.99 | −14.98 | −23.98 | −20.01 | −1.99 |
| Cash from financing activity | 3.01 | 1.01 | 3.01 | 22.07 | 10.04 | 12.05 | 5.02 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.01 |
| Capex | 1.72 | 4.55 | 0.33 | 17.42 | 23.07 | 18.96 | 4.60 |
| Free cash flow | −4.01 | −2.01 | −1.01 | −24.08 | −8.02 | −11.03 | 1.01 |
| CFO / OP % | −6.0% | 54.0% | 7.0% | −42.0% | 72.0% | 43.0% | 36.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 62 | 65 | 62 | 66 | 51 | 65 | 51 |
| Inventory days | 20 | 37 | 29 | 35 | 42 | 41 | 44 |
| Days payable | 14 | 15 | 12 | 18 | 17 | 14 | 11 |
| Cash conversion cycle | 69 | 88 | 80 | 85 | 78 | 92 | 85 |
| Working capital days | 53 | 73 | 63 | 44 | 32 | 33 | 90 |
| ROCE % | — | 9.0% | 12.0% | 13.0% | 19.0% | 21.0% | 17.0% |
For the Mar 2026 quarter, Systematic Industries reported sales of ₹300 Cr, up 6.2% year on year and net profit of ₹11.97 Cr, up 9.0% year on year. The operating margin was 6.0%.
Systematic Industries' sales for the year to Mar 2026 were ₹555 Cr.
Net profit for the year to Mar 2026 was ₹20.95 Cr. Earnings per share over the same trailing period were ₹9.40.
Systematic Industries reported borrowings of ₹9.97 Cr at Mar 2026, against cash and equivalents of ₹12.97 Cr.
Cash from operations was ₹5.99 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1.01 Cr.