Bulkcorp International (BULKCORP)₹75.45−0.13%Packaging
In the Mar 2026 quarter (standalone), Bulkcorp International reported sales of ₹32.30 Cr, down 5.4% from Mar 2025, and net profit of ₹1.94 Cr, down 9.3% year on year. For the year to Mar 2026, sales were ₹65.62 Cr and net profit ₹3.74 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 17.56 | 27.49 | 26.07 | 34.15 | 33.35 | 32.30 |
| Expenses | 16.28 | 24.12 | 23.51 | 30.99 | 30.16 | 28.87 |
| Operating Profit | 1.28 | 3.38 | 2.56 | 3.14 | 3.20 | 3.47 |
| OPM % | 7.2% | 12.2% | 9.7% | 9.1% | 9.5% | 10.6% |
| Other Income | 0.66 | 0.70 | 0.35 | 0.56 | 0.39 | 1.05 |
| Interest | 0.18 | 0.43 | 0.42 | 0.56 | 0.71 | 1.06 |
| Depreciation | 0.31 | 0.34 | 0.40 | 0.46 | 0.44 | 0.53 |
| Profit before tax | 1.46 | 3.32 | 2.10 | 2.69 | 2.45 | 2.94 |
| Tax % | 25.5% | 26.3% | 33.4% | 20.5% | 26.2% | 34.4% |
| Net Profit | 1.08 | 2.44 | 1.40 | 2.14 | 1.81 | 1.94 |
| EPS (Rs) | 5.90 | 4.38 | 1.84 | 2.82 | 2.39 | 2.56 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 31.31 | 48.31 | 38.35 | 45.06 | 60.21 | 65.62 |
| Expenses | 29.42 | 45.59 | 35.94 | 40.43 | 54.49 | 59.03 |
| Operating Profit | 1.91 | 2.72 | 2.43 | 4.63 | 5.70 | 6.68 |
| OPM % | 6.0% | 5.6% | 6.3% | 10.2% | 9.4% | 10.1% |
| Other Income | 0.39 | 0.78 | 0.50 | 1.35 | 0.90 | 1.43 |
| Interest | 0.45 | 0.70 | 0.62 | 0.59 | 0.97 | 1.76 |
| Depreciation | 0.51 | 0.55 | 0.59 | 0.65 | 0.85 | 0.96 |
| Profit before tax | 1.35 | 2.26 | 1.73 | 4.75 | 4.78 | 5.39 |
| Tax % | 53.0% | 23.5% | 29.0% | 26.1% | 26.2% | 30.6% |
| Net Profit | 0.65 | 1.74 | 1.22 | 3.51 | 3.53 | 3.74 |
| EPS (Rs) | 3.53 | 9.55 | 6.68 | 6.31 | 4.67 | 4.95 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.80 | 1.80 | 1.80 | 5.53 | 7.49 | 7.50 |
| Reserves | 0.08 | 1.77 | 2.98 | 3.84 | 23.54 | 27.25 |
| Borrowings | 6.51 | 8.92 | 5.44 | 6.38 | 6.80 | 10.58 |
| Other Liabilities | 11.39 | 9.30 | 7.45 | 16.64 | 5.04 | 5.86 |
| Total Liabilities | 19.78 | 21.79 | 17.67 | 32.39 | 42.87 | 51.19 |
| Fixed Assets | 5.98 | 5.74 | 5.64 | 5.71 | 8.33 | 10.95 |
| CWIP | 0.00 | 0.06 | 0.00 | 1.77 | 0.91 | 0.74 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 13.80 | 15.99 | 12.03 | 24.91 | 33.63 | 39.50 |
| Inventories | 5.73 | 5.39 | 4.77 | 10.32 | 13.45 | 13.76 |
| Trade receivables | 5.26 | 7.75 | 5.89 | 10.63 | 14.29 | 6.18 |
| Cash & equivalents | 0.81 | 0.82 | 0.03 | 0.06 | 0.74 | 0.12 |
| Total Assets | 19.78 | 21.79 | 17.67 | 32.39 | 42.87 | 51.19 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | 0.02 | −1.23 | 3.69 | 1.38 | −14.67 | 3.92 |
| Cash from investing activity | −0.19 | −0.50 | −0.42 | −2.49 | −2.60 | −3.41 |
| Cash from financing activity | 0.05 | 1.71 | −4.09 | 1.15 | 17.96 | −1.15 |
| Net cash flow | −0.11 | 0.00 | −0.78 | 0.02 | 0.67 | −0.61 |
| Capex | 0.33 | 0.42 | 0.42 | 2.53 | 2.60 | 3.42 |
| Free cash flow | −0.28 | −1.62 | 3.30 | −1.11 | −17.23 | 0.52 |
| CFO / OP % | 2.0% | −45.0% | 176.0% | 39.0% | −236.0% | 78.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 62 | 60 | 57 | 87 | 88 | 35 |
| Inventory days | 98 | 58 | 66 | 121 | 121 | 118 |
| Days payable | 188 | 86 | 91 | 172 | 29 | 28 |
| Cash conversion cycle | −29 | 30 | 31 | 35 | 178 | 124 |
| Working capital days | −11 | 7 | 2 | 29 | 141 | 138 |
| ROCE % | — | 28.3% | 20.6% | 41.1% | 21.5% | 17.2% |
For the Mar 2026 quarter, Bulkcorp International reported sales of ₹32.30 Cr, down 5.4% year on year and net profit of ₹1.94 Cr, down 9.3% year on year. The operating margin was 10.6%.
Bulkcorp International's sales for the year to Mar 2026 were ₹65.62 Cr.
Net profit for the year to Mar 2026 was ₹3.74 Cr. Earnings per share over the same trailing period were ₹4.95.
Bulkcorp International reported borrowings of ₹10.58 Cr at Mar 2026, against cash and equivalents of ₹0.12 Cr.
Cash from operations was ₹3.92 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.52 Cr.