Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Power & Instrum.
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 10.69 | 44.39 | 21.95 | 24.33 | 14.82 | 36.92 | 25.47 | 54.93 | 33.37 | 55.09 | 41.30 | 67.87 | 44.60 |
| Expenses + | 8.52 | 43.04 | 19.40 | 21.62 | 13.00 | 33.03 | 22.35 | 49.71 | 29.69 | 49.95 | 37.27 | 61.63 | 39.57 |
| Operating Profit | 2.17 | 1.35 | 2.55 | 2.71 | 1.82 | 3.89 | 3.12 | 5.22 | 3.68 | 5.14 | 4.03 | 6.24 | 5.03 |
| OPM % | 20.30% | 3.04% | 11.62% | 11.14% | 12.28% | 10.54% | 12.25% | 9.50% | 11.03% | 9.33% | 9.76% | 9.19% | 11.28% |
| Other Income + | 0.04 | 0.79 | 0.15 | 0.19 | 0.37 | 0.69 | 0.53 | 0.82 | 0.78 | 0.30 | 0.25 | 0.63 | 0.18 |
| Interest | 1.17 | 0.50 | 1.30 | 1.00 | 0.98 | 1.14 | 1.09 | 0.78 | 0.56 | 0.96 | 0.73 | 0.72 | 1.17 |
| Depreciation | 0.06 | 0.07 | 0.06 | 0.06 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.07 | 0.05 | 0.08 | 0.09 |
| Profit before tax | 0.98 | 1.57 | 1.34 | 1.84 | 1.16 | 3.39 | 2.50 | 5.20 | 3.84 | 4.41 | 3.50 | 6.07 | 3.95 |
| Tax % | 33.67% | 21.02% | 24.63% | 24.46% | 29.31% | 20.94% | 24.80% | 25.19% | 25.26% | 29.48% | 26.00% | 25.37% | 16.71% |
| Net Profit + | 0.65 | 1.23 | 1.00 | 1.39 | 0.82 | 2.67 | 1.87 | 3.89 | 2.88 | 3.11 | 2.58 | 4.52 | 3.28 |
| EPS in Rs | 0.51 | 0.97 | 0.79 | 1.10 | 0.65 | 2.11 | 1.48 | 2.42 | 1.79 | 1.78 | 1.48 | 2.54 | 1.82 |
Financials of Power & Instrum.
Annual income statement trend
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 60 | 72 | 88 | 89 | 85 | 91 | 93 | 97 | 169 | 209 |
| Expenses + | 55 | 66 | 80 | 81 | 78 | 84 | 86 | 87 | 152 | 188 |
| Operating Profit | 5 | 6 | 7 | 8 | 7 | 7 | 8 | 11 | 17 | 20 |
| OPM % | 9% | 8% | 8% | 10% | 9% | 7% | 8% | 11% | 10% | 10% |
| Other Income + | 1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | 1 |
| Interest | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 3 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 3 | 4 | 4 | 5 | 4 | 5 | 8 | 16 | 18 |
| Tax % | 33% | 33% | 26% | 28% | 26% | 31% | 27% | 24% | 26% | |
| Net Profit + | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 6 | 12 | 13 |
| EPS in Rs | 15.91 | 3.82 | 4.36 | 4.26 | 4.91 | 3.36 | 2.86 | 4.66 | 6.72 | 7.62 |
| Dividend Payout % | 0% | 13% | 0% | 0% | 0% | 0% | 7% | 4% | 3% |
Financials of Power & Instrum.
Capital structure and asset base
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.98 | 5 | 7 | 7 | 7 | 9 | 13 | 13 | 17 | 18 |
| Reserves | 11 | 9 | 17 | 19 | 23 | 28 | 33 | 39 | 93 | 100 |
| Borrowings + | 18 | 17 | 15 | 11 | 22 | 29 | 32 | 15 | 18 | 22 |
| Other Liabilities + | 21 | 18 | 34 | 20 | 12 | 32 | 30 | 42 | 45 | 47 |
| Total Liabilities | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 | 173 | 187 |
| Fixed Assets + | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 |
| Other Assets + | 49 | 48 | 72 | 56 | 63 | 95 | 105 | 106 | 172 | 172 |
| Total Assets | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 | 173 | 187 |
Financials of Power & Instrum.
Operating, investing and financing cash movement
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -1 | -2 | 0 | 3 | -1 | -3 | 1 | 8 | -40 |
| Cash from Investing Activity + | -1 | 0 | -0 | 0 | 0 | 1 | -4 | -0 | -12 |
| Cash from Financing Activity + | 3 | 1 | 3 | -4 | 1 | 2 | 4 | -8 | 52 |
| Net Cash Flow | 1 | -1 | 3 | -1 | 1 | -0 | 0 | 0 | -0 |
| Free Cash Flow | -2 | -2 | -1 | 3 | -1 | -3 | 1 | 8 | -40 |
| CFO/OP | -6% | -15% | 14% | 47% | 7% | -38% | 12% | 86% | -228% |
Financials of Power & Instrum.
Working capital efficiency and return ratios
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 103 | 113 | 133 | 98 | 158 | 221 | 151 | 115 | 131 |
| Inventory Days | 139 | 90 | 101 | 40 | 15 | 80 | 161 | 190 | 124 |
| Days Payable | 118 | 94 | 139 | 84 | 46 | 132 | 107 | 153 | 79 |
| Cash Conversion Cycle | 124 | 108 | 95 | 54 | 127 | 168 | 204 | 152 | 176 |
| Working Capital Days | 42 | 54 | 57 | 57 | 76 | 103 | 114 | 129 | 176 |
| ROCE % | 20% | 21% | 24% | 18% | 12% | 12% | 17% | 20% |