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Divyadhan Recycling Industries (DIVYADHAN)₹41.00+4.86%Other Textile Products
In the Mar 2026 quarter (standalone), Divyadhan Recycling Industries reported sales of ₹43.34 Cr, up 54.2% from Mar 2025, and net profit of ₹1.74 Cr, up 1,481.8% year on year. For the year to Mar 2026, sales were ₹79.52 Cr and net profit ₹1.70 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 27.68 | 28.55 | 31.48 | 28.10 | 36.22 | 43.34 |
| Expenses | 25.49 | 27.92 | 28.71 | 27.46 | 34.57 | 39.74 |
| Operating Profit | 2.04 | 0.48 | 2.60 | 0.48 | 1.41 | 3.37 |
| OPM % | 7.4% | 1.7% | 8.3% | 1.8% | 3.9% | 7.8% |
| Other Income | 1.98 | 1.05 | 0.62 | 0.04 | 0.00 | 0.05 |
| Interest | 0.35 | 0.32 | 0.28 | 0.04 | 0.27 | 0.55 |
| Depreciation | 0.27 | 0.28 | 0.97 | 0.29 | 0.95 | 0.72 |
| Profit before tax | 3.41 | 0.94 | 1.98 | 0.20 | 0.21 | 2.16 |
| Tax % | 18.5% | 36.5% | 27.9% | 36.9% | 125.0% | 18.6% |
| Net Profit | 2.76 | 0.58 | 1.41 | 0.11 | −0.04 | 1.74 |
| EPS (Rs) | 5.63 | 1.11 | 1.34 | 0.07 | −0.02 | 1.21 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 41.48 | 57.90 | 57.47 | 56.24 | 59.56 | 79.52 |
| Expenses | 41.64 | 56.67 | 52.94 | 53.40 | 56.11 | 74.31 |
| Operating Profit | −0.39 | 0.89 | 4.24 | 2.55 | 3.13 | 4.79 |
| OPM % | −1.0% | 1.6% | 7.4% | 4.6% | 5.3% | 6.1% |
| Other Income | 2.95 | 2.05 | 0.83 | 3.01 | 0.65 | 0.05 |
| Interest | 0.92 | 0.81 | 0.58 | 0.67 | 0.35 | 0.81 |
| Depreciation | 1.31 | 1.41 | 1.49 | 0.56 | 1.27 | 1.67 |
| Profit before tax | 0.32 | 0.73 | 3.01 | 4.34 | 2.17 | 2.37 |
| Tax % | 29.0% | 26.4% | 28.0% | 29.1% | 29.2% | 27.6% |
| Net Profit | 0.22 | 0.52 | 2.15 | 3.06 | 1.53 | 1.70 |
| EPS (Rs) | 0.46 | 1.07 | 4.39 | 5.82 | 1.07 | 1.19 |
| 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 | 4.92 | 4.92 | 4.92 | 5.27 | 14.29 | 14.31 |
| Reserves | 0.83 | 1.36 | 3.52 | 7.46 | 20.58 | 23.94 |
| Borrowings | 10.40 | 8.08 | 5.54 | 6.06 | 1.35 | 13.81 |
| Other Liabilities | 4.64 | 3.29 | 5.39 | 5.28 | 5.68 | 11.52 |
| Total Liabilities | 20.79 | 17.65 | 19.37 | 24.07 | 41.90 | 63.58 |
| Fixed Assets | 12.69 | 12.00 | 11.85 | 12.29 | 21.12 | 42.59 |
| CWIP | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 8.07 | 5.62 | 7.49 | 11.78 | 20.78 | 20.99 |
| Inventories | 5.03 | 2.10 | 4.84 | 4.52 | 12.17 | 13.07 |
| Trade receivables | 1.99 | 1.97 | 1.95 | 3.39 | 4.55 | 2.95 |
| Cash & equivalents | 0.02 | 0.02 | 0.02 | 2.02 | 0.03 | 0.02 |
| Total Assets | 20.79 | 17.65 | 19.37 | 24.07 | 41.90 | 63.58 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | 4.07 | 3.83 | 4.41 | 2.98 | −11.76 | 19.32 |
| Cash from investing activity | −0.92 | −0.75 | −1.33 | −2.19 | −10.17 | −21.54 |
| Cash from financing activity | −3.18 | −3.08 | −3.10 | 1.17 | 19.91 | 2.07 |
| Net cash flow | −0.02 | 0.00 | −0.02 | 1.99 | −1.99 | −0.02 |
| Capex | 0.92 | 0.76 | 1.34 | 2.19 | 10.17 | 21.53 |
| Free cash flow | 3.19 | 3.10 | 3.10 | 0.82 | −21.98 | −2.12 |
| CFO / OP % | −1,029.9% | 447.1% | 124.1% | 157.1% | −362.9% | 406.1% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 18 | 13 | 12 | 22 | 28 | 14 |
| Inventory days | 52 | 14 | 37 | 35 | 95 | 67 |
| Days payable | 31 | 16 | 27 | 25 | 31 | 45 |
| Cash conversion cycle | 41 | 13 | 25 | 34 | 93 | 38 |
| Working capital days | 0 | −5 | −4 | −6 | 88 | −2 |
| ROCE % | — | 9.9% | 25.1% | 30.4% | 9.0% | 7.1% |
For the Mar 2026 quarter, Divyadhan Recycling Industries reported sales of ₹43.34 Cr, up 54.2% year on year and net profit of ₹1.74 Cr, up 1,481.8% year on year. The operating margin was 7.8%.
Divyadhan Recycling Industries' sales for the year to Mar 2026 were ₹79.52 Cr.
Net profit for the year to Mar 2026 was ₹1.70 Cr. Earnings per share over the same trailing period were ₹1.19.
Divyadhan Recycling Industries reported borrowings of ₹13.81 Cr at Mar 2026, against cash and equivalents of ₹0.02 Cr.
Cash from operations was ₹19.32 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹2.12 Cr.