Global Vectra Helicorp (GLOBALVECT)₹128.84−2.75%Airline
In the Mar 2026 quarter (standalone), Global Vectra Helicorp reported sales of ₹127 Cr, down 5.4% from Mar 2025, and net profit of −₹5.57 Cr, down 144.2% year on year. For the year to Mar 2026, sales were ₹520 Cr and net profit −₹31.91 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 117 | 105 | 129 | 150 | 140 | 124 | 142 | 134 | 129 | 117 | 147 | 127 |
| Expenses | 100 | 94.40 | 102 | 119 | 125 | 111 | 123 | 127 | 120 | 111 | 133 | 135 |
| Operating Profit | 17.11 | 10.10 | 27.60 | 30.78 | 15.05 | 12.52 | 19.00 | 7.89 | 9.32 | 5.94 | 13.50 | −8.25 |
| OPM % | 14.5% | 9.6% | 21.3% | 20.4% | 10.8% | 10.1% | 13.3% | 5.8% | 7.2% | 5.1% | 9.2% | −6.5% |
| Other Income | 7.16 | 8.85 | 2.58 | 3.53 | 3.15 | 8.55 | 1.89 | 38.11 | 1.88 | 14.34 | 1.46 | 39.49 |
| Interest | 6.06 | 10.03 | 8.30 | 9.30 | 8.72 | 8.02 | 8.05 | 8.32 | 7.18 | 8.91 | 10.79 | 9.77 |
| Depreciation | 18.85 | 17.54 | 16.70 | 18.66 | 18.16 | 17.91 | 16.66 | 17.01 | 16.98 | 19.38 | 20.40 | 30.43 |
| Profit before tax | −0.63 | −8.64 | 5.23 | 6.39 | −8.69 | −4.88 | −3.80 | 20.62 | −12.99 | −8.07 | −16.26 | −9.18 |
| Tax % | 124.1% | −20.9% | 35.0% | 5.1% | −29.2% | −14.6% | −20.9% | 38.5% | −27.3% | −23.4% | −31.5% | −38.9% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 |
| Net Profit | −1.38 | −6.81 | 3.37 | 6.02 | −6.12 | −4.14 | −2.99 | 12.60 | −9.42 | −6.15 | −11.08 | −5.57 |
| EPS (Rs) | −1.00 | −4.88 | 2.42 | 4.32 | −4.39 | −2.97 | −2.15 | 9.05 | −6.76 | −4.41 | −7.96 | −4.00 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 356 | 375 | 403 | 479 | 455 | 294 | 334 | 410 | 502 | 540 | 520 | 520 |
| Expenses | 306 | 301 | 348 | 428 | 363 | 261 | 285 | 368 | 416 | 486 | 499 | 499 |
| Operating Profit | 49.90 | 73.93 | 54.91 | 50.93 | 91.91 | 33.93 | 48.95 | 41.92 | 85.91 | 54.92 | 20.97 | 20.51 |
| OPM % | 14.0% | 20.0% | 14.0% | 11.0% | 20.0% | 11.0% | 15.0% | 10.0% | 17.0% | 10.0% | 3.9% | 4.0% |
| Other Income | 21.09 | 12.04 | 2.01 | 9.03 | 29.10 | 22.09 | 41.14 | 36.16 | 22.07 | 51.23 | 57.25 | 57.17 |
| Interest | 15.04 | 23.04 | 21.04 | 14.04 | 24.06 | 18.03 | 17.04 | 21.05 | 34.05 | 33.09 | 37.07 | 36.65 |
| Depreciation | 29.98 | 38.01 | 37.98 | 38.99 | 93.99 | 82.90 | 79.91 | 74.98 | 71.94 | 70.01 | 86.93 | 87.19 |
| Profit before tax | 26.07 | 24.09 | −1.01 | 7.03 | 3.01 | −45.15 | −7.03 | −18.07 | 2.01 | 3.01 | −46.19 | −46.50 |
| Tax % | 50.0% | 34.0% | 85.9% | 3.0% | 17.9% | −36.1% | −28.1% | −10.0% | 47.9% | 119.9% | −30.1% | — |
| Exceptional items | −5.02 | 0.00 | 6.02 | 1.01 | 0.00 | −7.03 | 18.07 | 9.04 | 0.00 | 0.00 | 2.01 | 2.01 |
| Net Profit | 12.98 | 15.96 | −1.99 | 6.99 | 1.99 | −28.94 | −4.99 | −16.96 | 0.99 | −0.99 | −31.91 | −32.22 |
| EPS (Rs) | 9.25 | 11.39 | −1.24 | 5.02 | 1.50 | −20.97 | −3.54 | −11.90 | 0.87 | −0.47 | −23.11 | −23.13 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.97 | 13.96 | 13.95 | 13.97 | 13.96 | 13.97 | 13.96 | 13.95 | 13.95 | 13.96 | 13.97 | 13.97 |
| Reserves | 0.99 | 7.98 | 39.86 | 103 | 51.81 | 64.83 | 33.89 | 26.94 | 13.96 | 7.98 | 6.99 | −21.93 |
| Borrowings | 230 | 298 | 272 | 177 | 159 | 386 | 342 | 367 | 414 | 584 | 462 | 601 |
| Other Liabilities | 224 | 305 | 292 | 335 | 414 | 343 | 316 | 311 | 327 | 324 | 310 | 296 |
| Total Liabilities | 469 | 625 | 618 | 629 | 639 | 809 | 706 | 718 | 769 | 929 | 793 | 889 |
| Fixed Assets | 336 | 448 | 464 | 422 | 404 | 553 | 441 | 407 | 424 | 484 | 443 | 570 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 132 | 177 | 154 | 207 | 235 | 255 | 265 | 311 | 346 | 445 | 350 | 320 |
| Inventories | 12.98 | 17.99 | 16.98 | 19.98 | 24.99 | 24.97 | 23.97 | 23.98 | 24.98 | 28.97 | 32.96 | 39.97 |
| Trade receivables | 11.02 | 30.04 | 30.04 | 29.01 | 63.02 | 59.06 | 51.07 | 34.02 | 22.01 | 37.05 | 38.02 | 38.03 |
| Cash & equivalents | 21.98 | 15.99 | 4.99 | 9.99 | 6.99 | 11.99 | 10.98 | 31.97 | 14.98 | 17.99 | 10.99 | 8.99 |
| Total Assets | 469 | 625 | 618 | 629 | 639 | 809 | 706 | 718 | 769 | 929 | 793 | 889 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 72.89 | 59.93 | 70.92 | 56.89 | 33.94 | 75.82 | 9.98 | 59.91 | 28.96 | 111 | 97.83 | 62.90 |
| Cash from investing activity | 3.01 | −31.04 | 0.00 | −5.01 | −8.01 | 7.02 | 59.11 | 55.12 | 95.22 | 31.08 | 59.08 | 63.10 |
| Cash from financing activity | −63.84 | −42.89 | −69.87 | −47.88 | −30.94 | −81.76 | −71.80 | −94.71 | −142 | −142 | −153 | −129 |
| Net cash flow | 11.03 | −13.05 | 1.01 | 4.01 | −5.02 | 2.01 | −3.01 | 19.07 | −19.05 | 1.01 | 3.01 | −3.01 |
| Capex | 5.01 | 15.99 | 9.01 | 5.01 | 14.01 | 28.02 | 11.01 | 29.01 | 7.01 | 27.02 | 29.02 | 33.04 |
| Free cash flow | 81.19 | 45.09 | 62.09 | 52.12 | 26.05 | 64.14 | 13.02 | 71.09 | 73.13 | 84.08 | 69.07 | 72.07 |
| CFO / OP % | 114.1% | 120.1% | 88.1% | 109.1% | 75.1% | 84.1% | 38.1% | 114.1% | 60.1% | 142.1% | 162.1% | 320.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 13 | 31 | 30 | 27 | 49 | 48 | 65 | 38 | 21 | 28 | 26 | 28 |
| Cash conversion cycle | 13 | 31 | 30 | 27 | 49 | 48 | 65 | 38 | 21 | 28 | 26 | 28 |
| Working capital days | −233 | −252 | −240 | −167 | −185 | −194 | −286 | −273 | −201 | −190 | −158 | −199 |
| ROCE % | 21.0% | 19.0% | 15.0% | 7.0% | 8.0% | 8.0% | −5.0% | −2.0% | −1.0% | 7.0% | 7.0% | −2.0% |
For the Mar 2026 quarter, Global Vectra Helicorp reported sales of ₹127 Cr, down 5.4% year on year and net profit of −₹5.57 Cr, down 144.2% year on year. The operating margin was −6.5%.
Global Vectra Helicorp's sales for the year to Mar 2026 were ₹520 Cr; over the last twelve months they were ₹520 Cr.
Net profit for the year to Mar 2026 was −₹31.91 Cr, and −₹32.22 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−23.13.
Global Vectra Helicorp reported borrowings of ₹601 Cr at Mar 2026, against cash and equivalents of ₹8.99 Cr.
Cash from operations was ₹62.90 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹72.07 Cr.