Vesuvius India quarterly results and financials

Vesuvius India (VESUVIUS)₹364.80−2.15%(9 Nov 2026 close)Electrodes & Refractories

Key facts

In the Mar 2026 quarter (standalone), Vesuvius India reported sales of ₹500 Cr, up 3.8% from Mar 2025, and net profit of ₹55.75 Cr, down 5.1% year on year. For the year to Dec 2025, sales were ₹2,102 Cr and net profit ₹263 Cr.

Sales (Mar 2026): ₹500 Cr
Net profit (Mar 2026): ₹55.75 Cr
Sales (FY Dec 2025): ₹2,102 Cr
Net profit (FY Dec 2025): ₹263 Cr
EPS (Mar 2026): ₹2.76
Borrowings (Dec 2025): ₹13.99 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Vesuvius India quarterly results

₹ crore unless stated; each column is a quarter.

Vesuvius India Quarterly results
	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	405	413	417	453	462	444	509	482	524	547	551	500
Expenses	336	332	338	359	373	366	429	400	435	457	459	418
Operating Profit	70.05	82.11	80.09	95.15	92.03	79.09	82.09	83.10	91.09	92.02	94.06	84.07
OPM %	17.0%	20.1%	19.1%	21.1%	20.1%	18.1%	16.1%	17.1%	17.1%	17.0%	17.1%	17.1%
Other Income	8.01	8.01	7.01	8.01	10.01	23.01	7.01	10.01	8.01	7.01	34.02	9.01
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	8.01	9.01	10.99	10.01	10.99	11.99	13.01	13.01	14.99	17.01	17.01	17.01
Profit before tax	70.31	81.30	76.28	92.39	90.29	90.33	76.36	80.35	85.28	83.32	109	75.29
Tax %	25.0%	25.0%	25.0%	25.0%	26.0%	24.0%	22.0%	26.0%	26.0%	26.0%	27.0%	26.0%
Net Profit	51.76	59.76	56.76	68.69	66.76	67.71	59.75	58.76	62.73	61.80	79.73	55.75
EPS (Rs)	2.58	2.98	2.82	3.40	3.33	3.39	2.96	2.93	3.11	3.04	3.97	2.76

Vesuvius India profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Vesuvius India Profit and loss
	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025	TTM
Sales	699	821	911	925	886	792	1,047	1,342	1,602	1,869	2,102	2,121
Expenses	576	673	748	779	768	717	951	1,183	1,319	1,524	1,749	1,768
Operating Profit	126	152	167	148	121	77.11	100	165	289	350	361	361
OPM %	18.1%	18.0%	18.1%	16.0%	14.1%	10.0%	10.1%	12.0%	18.1%	19.1%	17.1%	17.0%
Other Income	10.01	13.01	9.01	23.02	29.04	21.02	20.02	23.02	35.05	48.06	59.04	58.05
Interest	1.01	1.01	1.01	1.01	1.01	1.01	1.01	1.01	2.01	4.01	2.01	0.00
Depreciation	23.01	26.98	30.02	27.99	26.98	26.01	27.01	29.99	35.97	46.01	62.02	66.02
Profit before tax	112	137	146	143	123	72.26	92.29	158	286	351	357	353
Tax %	35.0%	35.0%	35.0%	35.0%	31.0%	26.0%	26.0%	26.0%	25.0%	24.0%	26.0%	—
Exceptional items	0.00	0.00	−2.99	0.00	0.00	0.00	0.00	0.00	0.00	18.92	31.87	—
Net Profit	73.73	88.61	93.71	92.68	85.68	52.77	67.72	117	212	264	263	260
EPS (Rs)	3.64	4.40	4.67	4.58	4.22	2.62	3.36	5.77	10.52	13.09	13.07	12.88
Dividend payout %	17.0%	15.0%	15.0%	15.0%	21.0%	27.0%	24.0%	14.0%	12.0%	11.0%	12.0%	—

Vesuvius India balance sheet

₹ crore, at each year end.

Vesuvius India Balance sheet
	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity Capital	20.01	20.02	20.02	20.03	20.00	20.01	20.01	20.02	19.99	20.01	20.01	20.02
Reserves	419	476	562	641	716	783	821	875	976	1,172	1,410	1,645
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	12.98	12.99	13.99
Other Liabilities	140	148	162	194	189	178	217	293	335	384	404	474
Total Liabilities	578	644	744	855	925	981	1,058	1,189	1,332	1,590	1,848	2,153
Fixed Assets	132	131	125	113	121	125	121	116	195	318	436	625
CWIP	19.91	13.95	15.93	37.88	25.91	27.91	20.92	26.89	37.84	85.63	195	51.77
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	426	498	603	703	778	829	916	1,045	1,098	1,187	1,216	1,476
Inventories	71.95	72.87	93.88	94.90	123	108	117	213	204	256	247	295
Trade receivables	187	228	269	220	182	188	163	164	209	324	386	485
Cash & equivalents	144	173	200	347	420	470	561	556	569	467	483	583
Total Assets	578	644	744	855	925	981	1,058	1,189	1,332	1,590	1,848	2,153

Vesuvius India cash flow

₹ crore, for each year.

Vesuvius India Cash flow
	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from operating activity	64.95	53.99	49.98	191	94.88	73.90	102	26.99	128	81.98	258	177
Cash from investing activity	−28.03	−21.01	21.02	2.01	−310	297	−503	−39.02	−6.01	−37.05	−233	−18.01
Cash from financing activity	−13.97	−14.99	−14.98	−15.99	−16.97	−16.97	−13.98	−13.98	−15.98	−17.98	−26.97	−29.98
Net cash flow	22.97	17.99	55.99	177	−231	354	−415	−25.97	106	27.97	−0.99	130
Capex	21.96	29.98	20.97	39.98	24.98	30.99	14.98	31.96	113	200	242	105
Free cash flow	42.89	22.93	28.90	151	69.80	42.86	86.75	−4.98	15.94	−117	15.95	102
CFO / OP %	98.1%	75.0%	68.1%	149.1%	99.1%	93.1%	158.1%	54.1%	108.1%	52.1%	93.1%	78.0%

Vesuvius India ratios

Working-capital days and returns, by year.

Vesuvius India Ratios
	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Debtor days	105	118	119	88	72	77	75	57	57	74	75	84
Inventory days	69	68	77	69	84	77	91	124	92	105	87	92
Days payable	87	97	98	111	98	89	122	130	112	118	104	114
Cash conversion cycle	87	90	98	46	58	65	44	52	38	60	58	62
Working capital days	83	92	103	60	59	64	52	56	42	66	63	70
ROCE %	22.0%	24.0%	25.1%	24.1%	20.0%	16.0%	9.0%	11.1%	17.0%	26.1%	25.1%	21.1%

Vesuvius India: frequently asked questions

What are the latest quarterly results of Vesuvius India?

For the Mar 2026 quarter, Vesuvius India reported sales of ₹500 Cr, up 3.8% year on year and net profit of ₹55.75 Cr, down 5.1% year on year. The operating margin was 17.1%.

What is the annual revenue of Vesuvius India?

Vesuvius India's sales for the year to Dec 2025 were ₹2,102 Cr; over the last twelve months they were ₹2,121 Cr.

What is the net profit of Vesuvius India?

Net profit for the year to Dec 2025 was ₹263 Cr, and ₹260 Cr over the last twelve months. Earnings per share over the same trailing period were ₹12.88.

How much debt does Vesuvius India have?

Vesuvius India reported borrowings of ₹13.99 Cr at Dec 2025, against cash and equivalents of ₹583 Cr.

What is the free cash flow of Vesuvius India?

Cash from operations was ₹177 Cr in the year to Dec 2025; after capital spending, free cash flow was ₹102 Cr.

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