Loading…
Marsons (MARSONS)₹154.04−0.08%Heavy Electrical Equipment
In the Jun 2026 quarter (consolidated), Marsons reported sales of ₹49.41 Cr, up 4.7% from Jun 2025, and net profit of ₹5.94 Cr, down 26.1% year on year. For the year to Mar 2026, sales were ₹246 Cr and net profit ₹46.07 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.66 | 3.78 | 29.96 | 38.62 | 44.34 | 55.99 | 47.19 | 60.00 | 46.10 | 93.02 | 49.41 |
| Expenses | 0.34 | 3.18 | 24.88 | 32.79 | 40.07 | 45.79 | 39.81 | 51.30 | 39.18 | 73.72 | 42.09 |
| Operating Profit | 0.31 | 0.59 | 5.04 | 5.79 | 4.16 | 10.11 | 7.29 | 8.55 | 6.85 | 19.02 | 7.21 |
| OPM % | 49.3% | 16.0% | 16.9% | 15.2% | 9.5% | 18.2% | 15.6% | 14.4% | 15.0% | 20.6% | 14.7% |
| Other Income | 0.00 | 0.02 | 0.35 | 1.80 | 2.36 | −1.17 | 0.98 | 0.92 | 0.63 | 0.00 | 0.74 |
| Interest | 0.00 | 0.00 | 0.04 | 0.02 | 0.05 | 0.07 | 0.11 | 0.10 | 0.81 | 0.38 | 0.37 |
| Depreciation | 0.17 | 0.17 | 0.13 | 0.13 | 0.17 | −0.08 | 0.16 | 0.21 | 0.22 | 0.13 | 0.23 |
| Profit before tax | 0.14 | 0.44 | 5.23 | 7.45 | 6.31 | 8.97 | 8.01 | 9.18 | 6.47 | 18.52 | 7.37 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −21.9% | 19.8% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.06 | 0.00 | 0.00 | 0.00 | −0.02 | 0.00 |
| Net Profit | 0.16 | 0.46 | 5.25 | 7.49 | 6.33 | 9.00 | 8.04 | 9.22 | 6.50 | 22.65 | 5.94 |
| EPS (Rs) | 0.02 | 0.04 | 0.31 | 0.44 | 0.38 | 0.53 | 0.48 | 0.54 | 0.39 | 1.32 | 0.35 |
| Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 103 | 100 | 17.06 | 0.00 | 6.02 | 169 | 246 | 249 |
| Expenses | 90.13 | 97.17 | 64.14 | 20.05 | 5.01 | 143 | 203 | 206 |
| Operating Profit | 12.96 | 2.99 | −46.90 | −18.94 | 0.99 | 24.94 | 41.91 | 41.63 |
| OPM % | 12.1% | 2.7% | −283.0% | −5,506.0% | 18.0% | 15.1% | 17.0% | 16.8% |
| Other Income | 0.99 | 0.99 | −7.97 | −0.99 | 0.00 | 2.99 | 1.99 | 2.29 |
| Interest | 8.02 | 10.03 | 5.01 | 0.00 | 0.00 | 0.00 | 1.01 | 1.66 |
| Depreciation | 2.99 | 1.99 | 31.99 | 2.99 | 0.99 | 0.00 | 0.99 | 0.79 |
| Profit before tax | 2.99 | −7.99 | −92.90 | −22.96 | 0.99 | 27.96 | 41.95 | 41.54 |
| Tax % | −21.0% | 23.1% | −1.0% | −8.0% | 0.0% | 0.0% | −10.0% | — |
| Exceptional items | 1.01 | 0.00 | −9.01 | 0.00 | 0.00 | 3.01 | 0.00 | −0.02 |
| Net Profit | 4.01 | −10.03 | −92.20 | −22.06 | 1.01 | 28.04 | 46.07 | 44.31 |
| EPS (Rs) | 1.67 | −3.99 | −36.76 | −8.67 | 0.05 | 1.64 | 2.70 | 2.60 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.0% | — |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 24.96 | 24.91 | 24.94 | 24.95 | 13.95 | 16.98 | 16.98 |
| Reserves | 27.94 | 17.93 | −73.93 | −93.98 | 0.00 | 105 | 200 |
| Borrowings | 71.10 | 75.86 | 85.98 | 84.05 | 9.00 | 3.01 | 1.01 |
| Other Liabilities | 102 | 43.79 | 35.83 | 22.88 | 5.97 | 26.87 | 71.88 |
| Total Liabilities | 227 | 162 | 72.82 | 37.90 | 29.92 | 152 | 290 |
| Fixed Assets | 57.83 | 55.81 | 23.94 | 20.94 | 12.97 | 13.97 | 64.85 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 25.04 |
| Investments | 9.97 | 9.97 | 0.00 | 0.00 | 0.00 | 36.83 | 0.00 |
| Other Assets | 158 | 95.71 | 48.88 | 16.96 | 16.95 | 101 | 199 |
| Inventories | 48.09 | 50.14 | 0.00 | 0.00 | 1.01 | 15.02 | 58.07 |
| Trade receivables | 105 | 39.06 | 42.05 | 10.01 | 15.02 | 68.08 | 107 |
| Cash & equivalents | 0.99 | 0.99 | 0.99 | 0.00 | 0.00 | 0.99 | 10.98 |
| Total Assets | 227 | 162 | 72.82 | 37.90 | 29.92 | 152 | 290 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 27.08 | 4.01 | −7.02 | 1.01 | −4.01 | −35.07 | 2.01 |
| Cash from investing activity | −25.10 | −1.01 | 1.01 | 0.00 | 0.00 | −38.15 | 12.04 |
| Cash from financing activity | −3.01 | −4.01 | 5.01 | −2.01 | 4.01 | 74.12 | −4.01 |
| Net cash flow | −0.99 | 0.00 | 0.00 | −0.99 | 0.00 | 0.99 | 9.97 |
| Capex | 3.03 | 0.51 | 0.00 | 0.00 | 0.13 | 1.93 | 1.66 |
| Free cash flow | 29.92 | 3.99 | −6.97 | 0.99 | −3.99 | −36.89 | 0.00 |
| CFO / OP % | 212.1% | 159.0% | 14.1% | −4.0% | −358.9% | −131.0% | 1.0% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 372 | 144 | 907 | 10,126 | 827 | 148 | 160 |
| Inventory days | 313 | 200 | 2 | 0 | 100 | 42 | 111 |
| Days payable | 537 | 127 | 190 | — | 240 | 71 | 107 |
| Cash conversion cycle | 146 | 216 | 719 | 10,125 | 686 | 119 | 162 |
| Working capital days | 97 | 77 | −696 | −51,382 | 75 | 151 | 163 |
| ROCE % | — | 2.0% | −101.0% | −89.0% | — | 34.0% | 25.0% |
For the Jun 2026 quarter, Marsons reported sales of ₹49.41 Cr, up 4.7% year on year and net profit of ₹5.94 Cr, down 26.1% year on year. The operating margin was 14.7%.
Marsons' sales for the year to Mar 2026 were ₹246 Cr; over the last twelve months they were ₹249 Cr.
Net profit for the year to Mar 2026 was ₹46.07 Cr, and ₹44.31 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.60.
Marsons reported borrowings of ₹1.01 Cr at Mar 2026, against cash and equivalents of ₹10.98 Cr.
Cash from operations was ₹2.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0 Cr.