Indo SMC (BSE 544681)₹363.60−1.78%Other Electrical Equipment
In the Mar 2026 quarter (standalone), Indo SMC reported sales of ₹197 Cr, up 185.6% from Mar 2025, and net profit of ₹20.99 Cr, up 320.6% year on year. For the year to Mar 2026, sales were ₹310 Cr and net profit ₹31.98 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Sales | 68.92 | 197 |
| Expenses | 60.92 | 168 |
| Operating Profit | 7.97 | 28.92 |
| OPM % | 11.0% | 15.0% |
| Other Income | 0.00 | 0.99 |
| Interest | 2.01 | 2.01 |
| Depreciation | 0.00 | 1.01 |
| Profit before tax | 6.03 | 26.12 |
| Tax % | 15.0% | 21.0% |
| Net Profit | 4.99 | 20.99 |
| EPS (Rs) | 2.81 | 9.13 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales | 0.99 | 6.99 | 27.99 | 139 | 310 |
| Expenses | 0.99 | 5.99 | 22.99 | 115 | 263 |
| Operating Profit | 0.00 | 0.99 | 4.99 | 22.93 | 46.87 |
| OPM % | 14.0% | 17.0% | 18.0% | 17.0% | 15.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 |
| Interest | 0.00 | 0.00 | 1.01 | 4.01 | 6.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 |
| Profit before tax | 0.00 | 1.01 | 4.01 | 19.08 | 41.18 |
| Tax % | 100.0% | 29.0% | 19.0% | 19.0% | 20.0% |
| Net Profit | 0.00 | 0.00 | 3.01 | 14.99 | 31.98 |
| EPS (Rs) | 0.00 | 7.05 | 40.94 | 9.21 | 14.13 |
| Dividend payout % | — | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.64 | 0.65 | 0.73 | 17.01 | 22.99 |
| Reserves | 0.00 | 1.01 | 5.02 | 19.08 | 132 |
| Borrowings | 0.00 | 10.00 | 18.00 | 36.00 | 46.97 |
| Other Liabilities | 5.01 | 2.01 | 13.05 | 28.14 | 23.11 |
| Total Liabilities | 5.00 | 14.02 | 36.07 | 100 | 225 |
| Fixed Assets | 1.99 | 4.99 | 6.98 | 15.94 | 20.95 |
| CWIP | 0.00 | 0.00 | 0.00 | 8.02 | 8.02 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 3.01 | 8.03 | 29.09 | 76.27 | 196 |
| Inventories | 0.00 | 4.99 | 14.98 | 16.97 | 84.82 |
| Trade receivables | 1.01 | 1.01 | 9.02 | 47.09 | 36.04 |
| Cash & equivalents | 1.01 | 0.00 | 0.00 | 3.01 | 54.02 |
| Total Assets | 5.00 | 14.02 | 36.07 | 100 | 225 |
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Cash from operating activity | −3.01 | −6.02 | −14.05 | −35.11 |
| Cash from investing activity | −2.99 | −2.01 | −16.99 | −7.01 |
| Cash from financing activity | 5.99 | 7.99 | 30.93 | 91.84 |
| Net cash flow | −1.01 | 0.00 | 0.00 | 51.18 |
| Capex | 3.41 | 2.56 | 17.05 | 6.93 |
| Free cash flow | −5.99 | −7.99 | −30.99 | −41.97 |
| CFO / OP % | −231.0% | −93.0% | −45.0% | −74.0% |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor days | 390 | 69 | 111 | 123 | 41 |
| Inventory days | 197 | 423 | 326 | 62 | 135 |
| Days payable | 87 | 138 | 231 | 73 | 24 |
| Cash conversion cycle | 503 | 357 | 209 | 115 | 156 |
| Working capital days | 1,185 | −26 | 20 | 34 | 88 |
| ROCE % | — | 17.0% | 27.0% | 48.0% | 34.0% |
For the Mar 2026 quarter, Indo SMC reported sales of ₹197 Cr, up 185.6% year on year and net profit of ₹20.99 Cr, up 320.6% year on year. The operating margin was 15.0%.
Indo SMC's sales for the year to Mar 2026 were ₹310 Cr.
Net profit for the year to Mar 2026 was ₹31.98 Cr. Earnings per share over the same trailing period were ₹14.13.
Indo SMC reported borrowings of ₹46.97 Cr at Mar 2026, against cash and equivalents of ₹54.02 Cr.
Cash from operations was −₹35.11 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹41.97 Cr.