Megatherm Induction (MEGATHERM)₹232.00+0.67%Other Industrial Products
In the Mar 2026 quarter (standalone), Megatherm Induction reported sales of ₹186 Cr, up 8.0% from Mar 2025, and net profit of ₹12.04 Cr, down 0.1% year on year. For the year to Mar 2026, sales were ₹344 Cr and net profit ₹24.09 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 135 | 146 | 158 | 147 | 172 | 158 | 186 |
| Expenses | 122 | 133 | 137 | 133 | 152 | 143 | 170 |
| Operating Profit | 12.96 | 13.95 | 21.92 | 14.95 | 20.93 | 15.93 | 17.92 |
| OPM % | 10.1% | 9.1% | 14.1% | 10.1% | 12.1% | 10.1% | 9.1% |
| Other Income | 0.00 | 0.00 | 1.01 | 2.01 | 1.01 | 5.01 | 1.01 |
| Interest | 3.99 | 1.99 | 4.01 | 1.99 | 3.99 | 1.99 | 1.99 |
| Depreciation | 1.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 |
| Profit before tax | 7.98 | 9.98 | 17.96 | 12.97 | 15.96 | 15.97 | 13.98 |
| Tax % | 24.0% | 25.0% | 24.9% | 26.0% | 27.0% | 25.0% | 20.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.60 |
| Net Profit | 6.02 | 8.04 | 13.04 | 9.04 | 12.05 | 12.05 | 12.04 |
| EPS (Rs) | — | 5.49 | 6.98 | 4.95 | 6.38 | 6.40 | 6.19 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 132 | 109 | 187 | 265 | 305 | 320 | 344 |
| Expenses | 116 | 95.73 | 179 | 237 | 269 | 284 | 312 |
| Operating Profit | 15.96 | 12.96 | 8.96 | 27.91 | 35.87 | 35.87 | 32.86 |
| OPM % | 12.1% | 12.1% | 4.6% | 10.1% | 12.1% | 11.1% | 10.1% |
| Other Income | 1.01 | 0.00 | 0.00 | 1.01 | 1.01 | 3.01 | 6.01 |
| Interest | 5.99 | 6.99 | 4.99 | 5.99 | 6.01 | 5.99 | 3.99 |
| Depreciation | 2.01 | 2.01 | 2.01 | 2.01 | 3.01 | 4.01 | 5.02 |
| Profit before tax | 7.98 | 3.99 | 1.99 | 19.96 | 27.93 | 28.92 | 30.96 |
| Tax % | 30.9% | 26.9% | 27.9% | 29.0% | 24.9% | 26.0% | 23.0% |
| Exceptional items | 0.00 | 0.00 | −0.21 | 0.00 | 0.00 | 0.00 | −0.57 |
| Net Profit | 6.02 | 3.01 | 1.01 | 14.05 | 21.07 | 21.08 | 24.09 |
| EPS (Rs) | — | — | — | — | 11.02 | 11.32 | 12.58 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9.01 | 9.02 | 9.01 | 9.01 | 19.04 | 19.00 | 19.01 |
| Reserves | 22.97 | 25.97 | 26.99 | 40.99 | 102 | 123 | 146 |
| Borrowings | 41.99 | 43.03 | 39.99 | 42.99 | 36.02 | 32.96 | 48.95 |
| Other Liabilities | 49.77 | 67.70 | 95.65 | 98.67 | 114 | 111 | 129 |
| Total Liabilities | 124 | 146 | 173 | 192 | 270 | 286 | 343 |
| Fixed Assets | 44.01 | 43.01 | 40.01 | 58.02 | 64.04 | 77.02 | 85.92 |
| CWIP | 0.00 | 0.00 | 1.99 | 0.99 | 0.00 | 0.99 | 2.99 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 6.98 | 5.99 | 1.99 |
| Other Assets | 79.73 | 103 | 131 | 133 | 198 | 202 | 252 |
| Inventories | 50.02 | 52.98 | 68.99 | 70.96 | 81.98 | 97.03 | 127 |
| Trade receivables | 8.97 | 24.90 | 24.91 | 22.94 | 31.90 | 34.90 | 37.88 |
| Cash & equivalents | 3.99 | 9.97 | 17.96 | 20.95 | 60.89 | 49.87 | 59.85 |
| Total Assets | 124 | 146 | 173 | 192 | 270 | 286 | 343 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 3.99 | 13.97 | 16.96 | 25.95 | 22.97 | 15.98 | 4.99 |
| Cash from investing activity | −3.01 | −5.01 | −3.01 | −20.01 | −37.02 | −19.99 | 12.01 |
| Cash from financing activity | 0.00 | −6.02 | −7.03 | −3.01 | 36.11 | −10.04 | 13.05 |
| Net cash flow | 0.99 | 3.99 | 6.98 | 2.99 | 21.93 | −13.96 | 29.90 |
| Capex | 3.07 | 0.96 | 1.61 | 19.04 | 13.41 | 19.03 | 16.67 |
| Free cash flow | 0.99 | 12.96 | 15.96 | 6.98 | 9.98 | −2.99 | −10.96 |
| CFO / OP % | 36.0% | 119.9% | 205.0% | 108.9% | 80.9% | 61.9% | 36.9% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 25 | 82 | 49 | 32 | 38 | 40 | 40 |
| Inventory days | 181 | 257 | 167 | 130 | 134 | 153 | 185 |
| Days payable | 107 | 138 | 90 | 76 | 68 | 66 | 70 |
| Cash conversion cycle | 96 | 199 | 123 | 83 | 101 | 124 | 151 |
| Working capital days | 18 | 7 | −23 | −27 | −14 | 5 | 11 |
| ROCE % | — | 15.0% | 9.0% | 30.0% | 27.0% | 21.0% | 18.0% |
For the Mar 2026 quarter, Megatherm Induction reported sales of ₹186 Cr, up 8.0% year on year and net profit of ₹12.04 Cr, down 0.1% year on year. The operating margin was 9.1%.
Megatherm Induction's sales for the year to Mar 2026 were ₹344 Cr.
Net profit for the year to Mar 2026 was ₹24.09 Cr. Earnings per share over the same trailing period were ₹12.58.
Megatherm Induction reported borrowings of ₹48.95 Cr at Mar 2026, against cash and equivalents of ₹59.85 Cr.
Cash from operations was ₹4.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹10.96 Cr.