Cash flow Black Rose Industries Limited

Stocks

BLACKROSE

INE761G01016

Specialty Chemicals

Market Closed - Bombay S.E. 06:20:07 2026-08-18 EDT			5-day change	1st Jan Change
107.25 ^INR	+0.80%		-3.94%	+11.26%

07-31	Black Rose Industries Limited Approves Declaration of Payment of Interim Dividend for the Financial Year 2026-27	CI
07-31	Black Rose Industries Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI

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Published financial data: BLACK ROSE INDUSTRIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	3.8B	4.88B	4.3B	3.8B	3.91B
Other Revenues, Total	-	-	-	-	-
Total Revenues	3.8B	4.88B	4.3B	3.8B	3.91B
Cost of Goods Sold, Total	3.15B	4.12B	3.81B	3.16B	3.22B
Gross Profit	647M	762M	490M	647M	693M
Selling General & Admin Expenses, Total	68.54M	77.16M	95.54M	85.7M	74.95M
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	25.78M	26.19M	30.35M	30.06M	31.45M
Other Operating Expenses	180M	231M	255M	281M	325M
Other Operating Expenses, Total	274M	334M	381M	396M	432M
Operating Income	373M	428M	110M	251M	261M
Interest Expense, Total	-8.18M	-6M	-16.84M	-950K	-5.69M
Interest And Investment Income	3.1M	2.5M	3.4M	17.63M	9.26M
Net Interest Expenses	-5.09M	-3.5M	-13.44M	16.68M	3.58M
Currency Exchange Gains (Loss)	-2.07M	-762K	9.88M	17.74M	10.5M
Other Non Operating Income (Expenses)	2.41M	6.06M	3.48M	-945K	7.53M
EBT, Excl. Unusual Items	368M	430M	110M	284M	282M
Gain (Loss) On Sale Of Investments	-	-	-	2.09M	3.31M
Gain (Loss) On Sale Of Assets	-	159K	-	-459K	183K
Other Unusual Items	-	-	-	-	-2.54M
EBT, Incl. Unusual Items	368M	430M	110M	286M	283M
Income Tax Expense	93.48M	111M	30.33M	73.5M	73.92M
Earnings From Continuing Operations	274M	319M	79.19M	212M	209M
Net Income to Company	274M	319M	79.19M	212M	209M
Net Income - (IS)	274M	319M	79.19M	212M	209M
Net Income to Common Incl Extra Items	274M	319M	79.19M	212M	209M
Net Income to Common Excl. Extra Items	274M	319M	79.19M	212M	209M
Per Share Items
Net EPS - Basic	5.38	6.25	1.55	4.16	4.11
Basic EPS - Continuing Operations	5.38	6.25	1.55	4.16	4.11
Basic Weighted Average Shares Outstanding	51M	51M	51M	51M	51M
Net EPS - Diluted	5.38	6.25	1.55	4.16	4.11
Diluted EPS - Continuing Operations	5.38	6.25	1.55	4.16	4.11
Diluted Weighted Average Shares Outstanding	51M	51M	51M	51M	51M
Normalized Basic EPS	4.51	5.27	1.34	3.48	3.46
Normalized Diluted EPS	4.51	5.27	1.34	3.48	3.46
Dividend Per Share	0.45	0.55	0.55	0.55	1.05
Payout Ratio	-	-	-	-	64.53
Supplemental Items
EBITDA	396M	452M	137M	279M	290M
EBITA	373M	428M	111M	252M	262M
EBIT	373M	428M	110M	251M	261M
EBITDAR	401M	457M	144M	287M	295M
Total Revenues (As Reported)	3.81B	4.89B	4.32B	3.85B	3.95B
Effective Tax Rate - (Ratio)	25.41	25.81	27.69	25.72	26.09
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	93.22M	111M	31.72M	71.42M	74.63M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	255K	254K	-1.54M	2.16M	-222K
Normalized Net Income	230M	269M	68.45M	178M	177M
Interest on Long-Term Debt	434K	144K	130K	237K	306K
Non-Cash Pension Expense	287K	348K	439K	583K	558K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	4.13M	5.46M	10.77M	10.39M	17.25M
Net Rental Expense, Total	5.05M	5.4M	6.84M	7.96M	5.21M
Imputed Operating Lease Interest Expense	1.67M	1.7M	9.75M	1.29M	3.11M
Imputed Operating Lease Depreciation	3.38M	3.7M	-2.91M	6.67M	2.1M
Maintenance & Repair Expenses, Total	5.54M	5M	7.32M	4.54M	8.56M
Stock-Based Comp., SG&A Exp. (Total)	-	-	6.32M	567K	-
Stock-Based Comp., Other (Total)	-	-	1K	-	-
Total Stock-Based Compensation	-	-	6.32M	567K	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	31.79M	84.88M	88.32M	106M	19.86M
Short Term Investments	-	-	57.49M	20M	5M
Trading Asset Securities, Total	-	-	-	123M	-
Total Cash And Short Term Investments	31.79M	84.88M	146M	249M	24.86M
Accounts Receivable, Total	438M	663M	589M	668M	670M
Other Receivables	10.91M	8.5M	4.53M	4.53M	3.35M
Notes Receivable	493K	649K	190K	63K	2.03M
Total Receivables	449M	672M	594M	672M	675M
Inventory	453M	463M	295M	384M	715M
Prepaid Expenses	3.23M	3.76M	5.48M	5.55M	9.27M
Restricted Cash	2.29M	2.36M	-	-	-
Other Current Assets, Total	105M	71.05M	79.73M	110M	221M
Total Current Assets	1.04B	1.3B	1.12B	1.42B	1.65B
Gross Property Plant And Equipment	637M	684M	727M	737M	745M
Accumulated Depreciation	-219M	-240M	-269M	-287M	-307M
Net Property Plant And Equipment	419M	444M	458M	450M	438M
Other Intangibles, Total	1.98M	10.69M	23.02M	32.61M	46.99M
Other Long-Term Assets, Total	5.03M	5.95M	20.09M	22.23M	12.37M
Total Assets	1.47B	1.76B	1.62B	1.93B	2.14B
Liabilities
Accounts Payable, Total	293M	313M	213M	341M	397M
Accrued Expenses, Total	19.33M	27.34M	30.77M	10.01M	8.6M
Short-term Borrowings	131M	104M	17.66M	14.15M	87.4M
Current Portion of Long-Term Debt	5.14M	2.59M	2.77M	5.52M	5.18M
Current Portion of Leases	-	-	-	1.37M	1.55M
Current Income Taxes Payable	11.22M	-	8.84M	1.97M	8.86M
Unearned Revenue Current, Total	-	-	535K	1.16M	14.1M
Other Current Liabilities	7.42M	11.51M	3.66M	33.17M	31.99M
Total Current Liabilities	467M	459M	277M	409M	554M
Long-Term Debt	29.17M	30.08M	29.58M	19.88M	15.28M
Long-Term Leases	2.48M	1.19M	1.35M	1.34M	723K
Pension & Other Post Retirement Benefits	4.99M	5.92M	7.13M	6.89M	6.55M
Deferred Tax Liability Non Current	35.96M	36.21M	34.67M	37.22M	37.01M
Other Non Current Liabilities	854K	1.72M	1.07M	676K	577K
Total Liabilities	540M	534M	351M	475M	614M
Common Stock, Total	51M	51M	51M	51M	51M
Additional Paid In Capital	64.47M	64.47M	64.47M	64.47M	64.47M
Retained Earnings	810M	1.11B	1.15B	1.33B	1.41B
Comprehensive Income and Other	4.3M	1.73M	8.09M	2.71M	2.67M
Total Common Equity	930M	1.22B	1.27B	1.45B	1.53B
Total Equity	930M	1.22B	1.27B	1.45B	1.53B
Total Liabilities And Equity	1.47B	1.76B	1.62B	1.93B	2.14B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	51M	51M	51M	51M	51M
ECS Total Common Shares Outstanding	51M	51M	51M	51M	51M
Book Value / Share	18.23	23.99	24.92	28.45	29.97
Tangible Book Value	928M	1.21B	1.25B	1.42B	1.48B
Tangible Book Value Per Share	18.19	23.78	24.47	27.81	29.05
Total Debt	167M	138M	51.35M	42.25M	110M
Net Debt	136M	52.75M	-94.46M	-207M	85.26M
Debt Equivalent of Unfunded Proj. Benefit Obligation	5.55M	6.56M	7.92M	8.05M	7.34M
Debt Equivalent Oper. Leases	40.42M	43.22M	54.7M	63.7M	41.7M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	151M	265M	103M	164M	152M
Inventories - Work In Process, Total	15.56M	23.07M	42.37M	40.1M	40.42M
Inventories - Finished Goods, Total	271M	164M	139M	168M	515M
Inventories - Others	16.03M	10.22M	10.16M	11.91M	8.16M
Land - (BS)	-	-	-	-	-
Buildings, Total	146M	146M	155M	158M	147M
Machinery, Total	378M	419M	464M	491M	501M
Full Time Employees	107	104	106	108	89
Accumulated Allowance for Doubtful Accounts (Supple)	2.84M	2.84M	19K	234K	4.99M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	274M	319M	79.19M	212M	209M
Depreciation & Amortization - CF	25.07M	25.72M	28.73M	29.19M	30.56M
Amortization of Goodwill and Intangible Assets - (CF)	456K	456K	1.61M	856K	854K
Depreciation & Amortization, Total	25.52M	26.18M	30.34M	30.05M	31.42M
Amortization of Deferred Charges, Total - (CF)	258K	16K	16K	17K	36K
(Gain) Loss From Sale Of Asset	-	742K	-	459K	-183K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-2.45M	-6.54M
Asset Writedown & Restructuring Costs	-	-	-	26K	-
Stock-Based Compensation (CF)	-	-	6.32M	567K	-
Provision and Write-off of Bad Debts	-	-	-8K	-	-
Other Operating Activities, Total	26.72M	-389K	22.98M	-13.96M	11.69M
Change In Accounts Receivable	113M	-63.66M	88.16M	-33.09M	-44.93M
Change In Inventories	-66.14M	-9.79M	167M	-88.78M	-331M
Change In Accounts Payable	-271M	-123M	-170M	34.86M	4.58M
Cash from Operations	103M	149M	225M	140M	-125M
Capital Expenditure	-59.82M	-64.32M	-56.06M	-29.89M	-34.37M
Sale of Property, Plant, and Equipment	1.6M	3.75M	-	590K	290K
Investment in Marketable and Equity Securities, Total	-	-	-65.98M	-87.05M	142M
Other Investing Activities, Total	4.88M	4.24M	4.6M	16.77M	9.97M
Cash from Investing	-53.34M	-56.33M	-117M	-99.58M	118M
Short Term Debt Issued, Total	-	-	-	-	70.63M
Long-Term Debt Issued, Total	-	-	153M	-	-
Total Debt Issued	-	-	153M	-	70.63M
Short Term Debt Repaid, Total	-	-	-86.33M	-7.69M	-
Long-Term Debt Repaid, Total	-40.63M	-29.68M	-154M	-4.29M	-4.43M
Total Debt Repaid	-40.63M	-29.68M	-241M	-11.98M	-4.43M
Common Dividends Paid	-	-	-	-	-135M
Common & Preferred Stock Dividends Paid	-	-	-	-	-135M
Other Financing Activities, Total	-9.97M	-8.14M	-18.39M	-10.68M	-10.01M
Cash from Financing	-50.6M	-37.81M	-106M	-22.66M	-78.96M
Miscellaneous Cash Flow Adjustments	-	1K	-	-	-
Net Change in Cash	-568K	54.71M	1.08M	17.75M	-86.21M
Supplemental Items
Cash Interest Paid	9.97M	8.14M	18.39M	10.68M	10.01M
Cash Income Tax Paid (Refund)	72.02M	125M	18.28M	74.16M	66.41M
Levered Free Cash Flow	32.41M	47.38M	118M	101M	-220M
Unlevered Free Cash Flow	37.53M	51.13M	128M	101M	-217M
Change In Net Working Capital	161M	178M	-79.08M	56.26M	377M
Net Debt Issued / Repaid	-40.63M	-29.68M	-87.75M	-11.98M	66.2M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	16.16	16.58	4.05	8.83	8.01
Return on Total Capital	23.29	21.77	5.11	11.13	10.41
Return On Equity %	34.21	29.63	6.35	15.6	14.06
Return on Common Equity	34.21	29.63	6.35	15.6	14.06
Margin Analysis
Gross Profit Margin %	17.03	15.63	11.39	17.01	17.7
SG&A Margin	1.8	1.58	2.22	2.25	1.92
EBITDA Margin %	10.42	9.26	3.19	7.33	7.41
EBITA Margin %	9.82	8.78	2.58	6.61	6.69
EBIT Margin %	9.81	8.77	2.55	6.59	6.67
Income From Continuing Operations Margin %	7.23	6.54	1.84	5.58	5.35
Net Income Margin %	7.23	6.54	1.84	5.58	5.35
Net Avail. For Common Margin %	7.23	6.54	1.84	5.58	5.35
Normalized Net Income Margin	6.05	5.51	1.59	4.67	4.51
Levered Free Cash Flow Margin	0.85	0.97	2.73	2.64	-5.63
Unlevered Free Cash Flow Margin	0.99	1.05	2.98	2.66	-5.54
Asset Turnover
Asset Turnover	2.63	3.02	2.54	2.15	1.92
Fixed Assets Turnover	9.44	11.37	9.55	8.38	8.81
Receivables Turnover (Average Receivables)	8.3	8.86	6.87	6.05	5.85
Inventory Turnover (Average Inventory)	7.51	8.99	10.06	9.29	5.86
Short Term Liquidity
Current Ratio	2.24	2.83	4.04	3.48	2.97
Quick Ratio	1.03	1.65	2.67	2.25	1.26
Operating Cash Flow to Current Liabilities	0.22	0.32	0.81	0.34	-0.23
Days Sales Outstanding (Average Receivables)	43.98	41.19	53.1	60.46	62.4
Days Outstanding Inventory (Average Inventory)	48.62	40.59	36.27	39.38	62.29
Average Days Payable Outstanding	42.03	26.82	26.33	31.23	37.92
Cash Conversion Cycle (Average Days)	50.57	54.96	63.03	68.61	86.77
Long Term Solvency
Total Debt/Equity	18.01	11.25	4.04	2.91	7.2
Total Debt / Total Capital	15.26	10.11	3.88	2.83	6.72
LT Debt/Equity	3.4	2.56	2.43	1.46	1.05
Long-Term Debt / Total Capital	2.88	2.3	2.34	1.42	0.98
Total Liabilities / Total Assets	36.75	30.37	21.64	24.65	28.67
EBIT / Interest Expense	45.54	71.37	6.51	263.87	45.85
EBITDA / Interest Expense	48.66	75.74	8.31	295.5	51.38
(EBITDA - Capex) / Interest Expense	41.35	65.01	4.98	264.04	45.33
Total Debt / EBITDA	0.42	0.3	0.37	0.15	0.38
Net Debt / EBITDA	0.34	0.12	-0.68	-0.74	0.29
Total Debt / (EBITDA - Capex)	0.49	0.35	0.61	0.17	0.43
Net Debt / (EBITDA - Capex)	0.4	0.14	-1.13	-0.82	0.33
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.92	28.46	-11.44	-11.62	2.84
Gross Profit, 1 Yr. Growth %	13.24	17.91	-34.12	31.26	7.05
EBITDA, 1 Yr. Growth %	22.15	14.11	-68.59	104.18	4.06
EBITA, 1 Yr. Growth %	23.24	14.73	-73.13	127.86	4.03
EBIT, 1 Yr. Growth %	23.29	14.83	-73.49	130.44	4.04
Earnings From Cont. Operations, 1 Yr. Growth %	32.75	16.22	-75.17	168.08	-1.34
Net Income, 1 Yr. Growth %	32.75	16.22	-75.17	168.08	-1.34
Normalized Net Income, 1 Yr. Growth %	28.84	16.8	-74.52	160.44	-0.61
Diluted EPS Before Extra, 1 Yr. Growth %	32.84	16.17	-75.2	168.39	-1.28
Accounts Receivable, 1 Yr. Growth %	-8.24	51.44	-11.15	13.3	0.37
Inventory, 1 Yr. Growth %	17.1	2.16	-36.17	30.06	86.08
Net Property, Plant and Equip., 1 Yr. Growth %	8.37	7.02	3.32	-1.8	-2.68
Total Assets, 1 Yr. Growth %	4.03	19.53	-8.03	18.72	11.31
Tangible Book Value, 1 Yr. Growth %	38.04	31.3	2.88	13.65	4.48
Common Equity, 1 Yr. Growth %	37.79	31.58	3.87	14.16	5.37
Cash From Operations, 1 Yr. Growth %	-40.51	43.99	53.05	-38.27	-174.46
Capital Expenditures, 1 Yr. Growth %	-21.89	7.52	-12.84	-46.69	15
Levered Free Cash Flow, 1 Yr. Growth %	-57.1	46.17	16.15	-6.15	-318.87
Unlevered Free Cash Flow, 1 Yr. Growth %	-57.7	36.23	22.02	-14.04	-314.07
Dividend Per Share, 1 Yr. Growth %	28.57	22.22	0	0	90.91
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.91	14.42	6.46	-11.53	-4.67
Gross Profit, 2 Yr. CAGR %	19.49	15.55	-12.93	-6.76	18.54
EBITDA, 2 Yr. CAGR %	28.44	18.1	-41.1	-20.16	45.76
EBITA, 2 Yr. CAGR %	30.5	18.95	-45.43	-22.04	53.96
EBIT, 2 Yr. CAGR %	30.42	18.99	-45.77	-22.13	54.84
Earnings From Cont. Operations, 2 Yr. CAGR %	40.59	24.21	-46.28	-18.42	62.63
Net Income, 2 Yr. CAGR %	40.59	24.21	-46.28	-18.42	62.63
Normalized Net Income, 2 Yr. CAGR %	37.79	22.68	-45.44	-18.69	60.89
Diluted EPS Before Extra, 2 Yr. CAGR %	40.64	24.23	-46.32	-18.42	62.77
Accounts Receivable, 2 Yr. CAGR %	24.94	17.88	16	0.33	6.64
Inventory, 2 Yr. CAGR %	16.93	9.38	-19.25	-8.88	55.57
Net Property, Plant and Equip., 2 Yr. CAGR %	12.89	7.16	5.16	0.73	-2.24
Total Assets, 2 Yr. CAGR %	15.99	11.51	5.03	4.5	14.95
Tangible Book Value, 2 Yr. CAGR %	38.63	34.32	16.22	8.13	8.97
Common Equity, 2 Yr. CAGR %	38.67	34.65	16.9	8.89	9.68
Cash From Operations, 2 Yr. CAGR %	-3.87	-7.45	47.42	-2.34	-25.73
Capital Expenditures, 2 Yr. CAGR %	133.81	-8.36	-3.19	-31.83	-21.7
Levered Free Cash Flow, 2 Yr. CAGR %	2.19	-20.81	90.52	-0.37	43.32
Unlevered Free Cash Flow, 2 Yr. CAGR %	-12.23	-24.09	84.82	-1.87	35.65
Dividend Per Share, 2 Yr. CAGR %	22.47	25.36	10.55	0	38.17
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.46	16.48	4.92	0.06	-6.98
Gross Profit, 3 Yr. CAGR %	16.2	18.96	-4.96	0.02	-2.37
EBITDA, 3 Yr. CAGR %	21.82	23.5	-24.87	-11.04	-12.79
EBITA, 3 Yr. CAGR %	23.41	25.05	-28.38	-12.34	-14.17
EBIT, 3 Yr. CAGR %	24.14	25	-28.69	-12.38	-14.24
Earnings From Cont. Operations, 3 Yr. CAGR %	32.68	31.94	-27.38	-8.2	-13.08
Net Income, 3 Yr. CAGR %	32.68	31.94	-27.38	-8.2	-13.08
Normalized Net Income, 3 Yr. CAGR %	31.48	30.41	-27.35	-8.25	-13.06
Diluted EPS Before Extra, 3 Yr. CAGR %	32.74	31.96	-27.4	-8.22	-13.06
Accounts Receivable, 3 Yr. CAGR %	8.31	33.21	7.28	15.09	0.34
Inventory, 3 Yr. CAGR %	20.07	11.79	-8.59	-5.34	15.6
Net Property, Plant and Equip., 3 Yr. CAGR %	7.07	10.53	5.86	2.78	-0.42
Total Assets, 3 Yr. CAGR %	11.78	17.16	4.69	9.41	6.72
Tangible Book Value, 3 Yr. CAGR %	37.99	35.94	22.9	15.36	6.9
Common Equity, 3 Yr. CAGR %	37.91	36.27	23.49	15.98	7.7
Cash From Operations, 3 Yr. CAGR %	-3.94	9.99	8.94	10.64	-5.19
Capital Expenditures, 3 Yr. CAGR %	133.81	80.47	-9.88	-20.65	-18.85
Levered Free Cash Flow, 3 Yr. CAGR %	-20.4	15.14	15.91	45.85	29.52
Unlevered Free Cash Flow, 3 Yr. CAGR %	-24.18	1.63	13.05	39.17	27.26
Dividend Per Share, 3 Yr. CAGR %	44.22	22.39	16.26	6.92	24.05
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	16.47	15.08	7.65	4.27	0.98
Gross Profit, 5 Yr. CAGR %	21.38	18.09	3.53	7.39	3.94
EBITDA, 5 Yr. CAGR %	33.43	25.74	-8.9	3.05	-2.18
EBITA, 5 Yr. CAGR %	38.48	28.24	-10.94	2.8	-2.88
EBIT, 5 Yr. CAGR %	41.24	29.75	-10.86	2.73	-2.91
Earnings From Cont. Operations, 5 Yr. CAGR %	76.39	44.74	-7.59	8.86	0.26
Net Income, 5 Yr. CAGR %	76.39	44.74	-7.59	8.86	0.26
Normalized Net Income, 5 Yr. CAGR %	73.75	42.06	-7.52	7.96	-0.22
Diluted EPS Before Extra, 5 Yr. CAGR %	76.38	44.72	-7.59	8.87	0.28
Accounts Receivable, 5 Yr. CAGR %	13.93	13.84	11.32	18.93	7.02
Inventory, 5 Yr. CAGR %	25.09	13.39	2.46	3.01	13.07
Net Property, Plant and Equip., 5 Yr. CAGR %	2.35	4.45	6.09	6.5	2.54
Total Assets, 5 Yr. CAGR %	11.77	9.99	9.03	11.99	8.68
Tangible Book Value, 5 Yr. CAGR %	36.31	37.44	28.72	24.05	17.13
Common Equity, 5 Yr. CAGR %	34.89	36.87	29.09	24.57	17.77
Cash From Operations, 5 Yr. CAGR %	12.7	17.03	14.02	4.59	-6.36
Capital Expenditures, 5 Yr. CAGR %	54.69	52.24	64.32	22.26	-14.81
Levered Free Cash Flow, 5 Yr. CAGR %	84.22	19	12.86	26.51	23.84
Unlevered Free Cash Flow, 5 Yr. CAGR %	6.83	44.17	8.28	15.74	19.54
Dividend Per Share, 5 Yr. CAGR %	-	40.63	29.67	12.89	24.57