Income Statement Choksi Laboratories Limited

Stocks

CHOKSILA6

INE493D01013

Business Support Services

Delayed Bombay S.E. Other stock markets 04:54:22 2026-07-30 EDT			5-day change	1st Jan Change
114.60 ^INR	+3.24%		+1.64%	-11.30%

05-25	Choksi Laboratories Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI
05-19	Choksi Laboratories CFO Resigns, Successor Named; Shares Jump 6%	MT

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Published financial data: CHOKSI LABORATORIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	257M	300M	344M	367M	418M
Total Revenues	257M	300M	344M	367M	418M
Cost of Goods Sold, Total	141M	140M	156M	171M	201M
Gross Profit	116M	160M	188M	196M	217M
Selling General & Admin Expenses, Total	5.02M	3.22M	5.33M	6.02M	5.66M
Provision for Bad Debts	1.57M	1.53M	1.86M	1.52M	2M
Depreciation & Amortization - (IS)	46.03M	54.28M	54.98M	57.14M	64.99M
Other Operating Expenses	68.17M	66.8M	78.86M	86.07M	96.95M
Other Operating Expenses, Total	121M	126M	141M	151M	170M
Operating Income	-4.57M	34.66M	47.43M	45.13M	47.48M
Interest Expense, Total	-27.97M	-32.12M	-34.94M	-30.07M	-26.6M
Interest And Investment Income	4.4M	1.16M	1.97M	1.64M	598K
Net Interest Expenses	-23.57M	-30.96M	-32.97M	-28.43M	-26M
Currency Exchange Gains (Loss)	-208K	-66K	196K	-18K	55K
Other Non Operating Income (Expenses)	189K	-2K	-	1K	-
EBT, Excl. Unusual Items	-28.16M	3.64M	14.66M	16.68M	21.54M
Gain (Loss) On Sale Of Assets	76.01K	35K	-5K	-48K	-2K
Other Unusual Items	-	-	22.56M	-	-
EBT, Incl. Unusual Items	-28.08M	3.67M	37.21M	16.63M	21.53M
Income Tax Expense	-2M	1.6M	5.11M	5.53M	6.3M
Earnings From Continuing Operations	-26.08M	2.07M	32.1M	11.1M	15.23M
Net Income to Company	-26.08M	2.07M	32.1M	11.1M	15.23M
Net Income - (IS)	-26.08M	2.07M	32.1M	11.1M	15.23M
Net Income to Common Incl Extra Items	-26.08M	2.07M	32.1M	11.1M	15.23M
Net Income to Common Excl. Extra Items	-26.08M	2.07M	32.1M	11.1M	15.23M
Per Share Items
Net EPS - Basic	-3.74	0.3	4.61	1.59	2.19
Basic EPS - Continuing Operations	-3.74	0.3	4.61	1.59	2.19
Basic Weighted Average Shares Outstanding	6.97M	6.96M	6.96M	6.96M	6.96M
Net EPS - Diluted	-3.74	0.3	4.61	1.59	2.19
Diluted EPS - Continuing Operations	-3.74	0.3	4.61	1.59	2.19
Diluted Weighted Average Shares Outstanding	6.97M	6.96M	6.96M	6.96M	6.96M
Normalized Basic EPS	-2.53	0.33	1.32	1.5	1.93
Normalized Diluted EPS	-2.53	0.33	1.32	1.5	1.93
Supplemental Items
EBITDA	35.25M	82.49M	96.24M	96.53M	107M
EBITA	-4.57M	34.66M	47.43M	45.13M	47.48M
EBIT	-4.57M	34.66M	47.43M	45.13M	47.48M
EBITDAR	39.99M	85.56M	100M	102M	112M
Total Revenues (As Reported)	262M	302M	347M	369M	418M
Effective Tax Rate - (Ratio)	7.14	43.6	13.74	33.27	29.26
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	0	0	643K	7.29M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-2M	1.6M	5.11M	4.89M	-988K
Normalized Net Income	-17.6M	2.27M	9.16M	10.42M	13.46M
Interest Capitalized	8.38M	62K	120K	616K	1.07M
Interest on Long-Term Debt	1.93M	1.88M	1.62M	1.34M	1.06M
Non-Cash Pension Expense	660K	662K	908K	1.06M	1.2M
Supplemental Operating Expense Items
Advertising Expense	278K	148K	1.15M	985K	282K
Selling and Marketing Expenses	278K	148K	1.15M	985K	282K
Net Rental Expense, Total	4.74M	3.07M	4.18M	5.03M	5.37M
Imputed Operating Lease Interest Expense	3.79M	2.07M	3.36M	3.9M	3.96M
Imputed Operating Lease Depreciation	949K	1M	816K	1.13M	1.41M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	3.06M	4.07M	3.38M	6.57M	6.12M
Short Term Investments	-	-	2.68M	50K	-
Total Cash And Short Term Investments	3.06M	4.07M	6.05M	6.62M	6.12M
Accounts Receivable, Total	81.61M	103M	107M	104M	113M
Other Receivables	25.93M	13.45M	4.38M	1.21M	13.88M
Total Receivables	108M	116M	111M	105M	127M
Inventory	1.12M	2.5M	2.09M	3.64M	5.57M
Prepaid Expenses	3.27M	3.36M	3.12M	3.42M	3.58M
Other Current Assets, Total	15.3M	14.3M	17.27M	26.87M	21.33M
Total Current Assets	130M	141M	139M	146M	163M
Gross Property Plant And Equipment	674M	698M	706M	768M	841M
Accumulated Depreciation	-169M	-219M	-258M	-308M	-369M
Net Property Plant And Equipment	505M	479M	447M	461M	471M
Long-term Investments	3.16M	3.54M	818K	2.11M	4.53M
Other Intangibles, Total	2.93M	3.2M	3.92M	3.6M	4.77M
Deferred Tax Assets Long-Term	15.33M	13.91M	8.78M	3.92M	5.44M
Other Long-Term Assets, Total	6.75M	4.32M	3.2M	3.52M	4.02M
Total Assets	664M	645M	604M	620M	653M
Liabilities
Accounts Payable, Total	48.3M	40.16M	18M	39.31M	54.26M
Accrued Expenses, Total	28.39M	35.14M	32.5M	28.71M	43.86M
Short-term Borrowings	24.76M	24.89M	15.91M	58.38M	125M
Current Portion of Long-Term Debt	49.14M	47.33M	51.47M	54.39M	3.21M
Current Portion of Leases	4.1M	4.65M	4.65M	5.18M	3.53M
Current Income Taxes Payable	-	494K	-	-	-
Other Current Liabilities	7.5M	3.06M	2.62M	2.52M	8.7M
Total Current Liabilities	162M	156M	125M	188M	239M
Long-Term Debt	288M	275M	236M	180M	152M
Long-Term Leases	25.3M	20.64M	15.99M	10.82M	7.29M
Pension & Other Post Retirement Benefits	10.67M	13.89M	15.29M	18.16M	18.9M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	-	-	-	-	-1K
Total Liabilities	486M	466M	393M	397M	417M
Common Stock, Total	69.65M	69.65M	69.65M	69.65M	69.65M
Additional Paid In Capital	13.51M	13.51M	13.51M	13.51M	13.51M
Retained Earnings	90.13M	92.2M	124M	135M	151M
Comprehensive Income and Other	4.16M	3.66M	3.69M	3.62M	2.33M
Total Common Equity	177M	179M	211M	222M	236M
Total Equity	177M	179M	211M	222M	236M
Total Liabilities And Equity	664M	645M	604M	620M	653M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.97M	6.96M	6.96M	6.96M	6.96M
ECS Total Common Shares Outstanding	6.97M	6.96M	6.96M	6.96M	6.96M
Book Value / Share	25.48	25.7	30.31	31.89	33.89
Tangible Book Value	175M	176M	207M	219M	231M
Tangible Book Value Per Share	25.06	25.24	29.74	31.37	33.21
Total Debt	391M	373M	324M	309M	292M
Net Debt	388M	369M	318M	302M	285M
Debt Equivalent of Unfunded Proj. Benefit Obligation	10.67M	13.89M	15.29M	18.17M	21.69M
Debt Equivalent Oper. Leases	37.94M	24.55M	33.43M	40.24M	42.98M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	951K	1.92M	1.46M	1.83M	3.46M
Inventories - Others	169K	584K	635K	1.81M	2.11M
Land - (BS)	47.19M	47.94M	46.37M	46.37M	46.37M
Buildings, Total	144M	144M	138M	139M	152M
Machinery, Total	442M	454M	485M	520M	606M
Assets under Capital Lease - Gross	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.17M	2.71M	4.55M	5.27M	6.7M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-26.08M	2.07M	32.1M	11.1M	15.23M
Depreciation & Amortization - CF	44.64M	52.72M	53.71M	55.92M	63.69M
Depreciation & Amortization, Total	44.64M	52.72M	53.71M	55.92M	63.69M
Amortization of Deferred Charges, Total - (CF)	1.39M	1.55M	1.27M	1.22M	1.3M
(Gain) Loss From Sale Of Asset	-76.01K	-35K	5K	48K	2K
Provision and Write-off of Bad Debts	-	-	3.7M	2.23M	3.43M
Other Operating Activities, Total	54.72M	44.24M	22.87M	29.01M	12.24M
Change In Accounts Receivable	-11.72M	-21.31M	-7.33M	375K	-12.22M
Change In Inventories	650K	-1.38M	414K	-1.55M	-1.93M
Change In Accounts Payable	-15.94M	-8.15M	-22.16M	21.32M	14.94M
Change in Other Net Operating Assets	11.72M	9.06M	-2.04M	-4.16M	21.11M
Cash from Operations	59.31M	78.77M	82.54M	116M	118M
Capital Expenditure	-80.57M	-26.8M	-39.53M	-70.04M	-74.39M
Sale of Property, Plant, and Equipment	100K	376K	32.4M	898K	23K
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-400K	-1.83M	-1.98M	-902K	-2.48M
Investment in Marketable and Equity Securities, Total	-	-	52K	1.92M	197K
Other Investing Activities, Total	4.4M	1.16M	1.97M	1.64M	599K
Cash from Investing	-76.47M	-27.09M	-7.08M	-66.48M	-76.05M
Short Term Debt Issued, Total	-	-	-	42.47M	9.85M
Long-Term Debt Issued, Total	58.6M	-	20.04M	310M	38.39M
Total Debt Issued	58.6M	-	20.04M	353M	48.24M
Short Term Debt Repaid, Total	-	-	-8.98M	-	-
Long-Term Debt Repaid, Total	-14.45M	-18.59M	-59.78M	-368M	-63.92M
Total Debt Repaid	-14.45M	-18.59M	-68.76M	-368M	-63.92M
Other Financing Activities, Total	-28.18M	-32.09M	-27.42M	-30.05M	-26.49M
Cash from Financing	15.97M	-50.68M	-76.15M	-45.84M	-42.18M
Foreign Exchange Rate Adjustments	-	-	-	-	-
Miscellaneous Cash Flow Adjustments	1	-	-1K	-	1K
Net Change in Cash	-1.2M	1.01M	-696K	3.19M	-446K
Supplemental Items
Cash Interest Paid	28.18M	32.09M	34.92M	30.05M	26.49M
Cash Income Tax Paid (Refund)	-31.14M	-11.72M	-7.44M	4.93M	19.96M
Levered Free Cash Flow	-39.05M	12.6M	-1.34M	7.35M	19.43M
Unlevered Free Cash Flow	-21.57M	32.68M	20.5M	26.15M	36.05M
Change In Net Working Capital	-16.23M	14.64M	22.62M	-11.76M	-18.26M
Net Debt Issued / Repaid	44.15M	-18.59M	-48.73M	-15.78M	-15.68M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-0.44	3.31	4.75	4.61	4.66
Return on Total Capital	-0.52	3.87	5.45	5.29	5.61
Return On Equity %	-13.74	1.16	16.46	5.12	6.65
Return on Common Equity	-13.74	1.16	16.46	5.12	6.65
Margin Analysis
Gross Profit Margin %	45.24	53.42	54.72	53.38	51.95
SG&A Margin	1.95	1.07	1.55	1.64	1.35
EBITDA Margin %	13.72	27.46	27.94	26.31	25.54
EBITA Margin %	-1.78	11.54	13.77	12.3	11.36
EBIT Margin %	-1.78	11.54	13.77	12.3	11.36
Income From Continuing Operations Margin %	-10.15	0.69	9.32	3.02	3.65
Net Income Margin %	-10.15	0.69	9.32	3.02	3.65
Net Avail. For Common Margin %	-10.15	0.69	9.32	3.02	3.65
Normalized Net Income Margin	-6.85	0.76	2.66	2.84	3.22
Levered Free Cash Flow Margin	-15.2	4.19	-0.39	2	4.65
Unlevered Free Cash Flow Margin	-8.4	10.88	5.95	7.13	8.63
Asset Turnover
Asset Turnover	0.39	0.46	0.55	0.6	0.66
Fixed Assets Turnover	0.53	0.61	0.74	0.81	0.9
Receivables Turnover (Average Receivables)	3.39	3.26	3.29	3.49	3.86
Inventory Turnover (Average Inventory)	97.33	77.22	67.89	59.75	43.6
Short Term Liquidity
Current Ratio	0.8	0.9	1.11	0.77	0.68
Quick Ratio	0.68	0.77	0.93	0.59	0.56
Operating Cash Flow to Current Liabilities	0.37	0.51	0.66	0.61	0.49
Days Sales Outstanding (Average Receivables)	107.63	112.09	110.99	104.96	94.63
Days Outstanding Inventory (Average Inventory)	3.75	4.73	5.38	6.13	8.37
Average Days Payable Outstanding	146.7	114.25	68.23	60.75	84.25
Cash Conversion Cycle (Average Days)	-35.32	2.57	48.13	50.34	18.76
Long Term Solvency
Total Debt/Equity	220.6	208.29	153.57	139	123.52
Total Debt / Total Capital	68.81	67.56	60.56	58.16	55.26
LT Debt/Equity	176.64	165.35	119.45	85.9	67.62
Long-Term Debt / Total Capital	55.1	53.63	47.11	35.94	30.25
Total Liabilities / Total Assets	73.27	72.23	65.03	64.15	63.87
EBIT / Interest Expense	-0.16	1.08	1.36	1.5	1.79
EBITDA / Interest Expense	1.43	2.72	2.89	3.36	4.18
(EBITDA - Capex) / Interest Expense	-1.45	1.89	1.76	1.03	1.38
Total Debt / EBITDA	9.77	4.27	3.21	3.06	2.62
Net Debt / EBITDA	9.69	4.22	3.15	2.99	2.57
Total Debt / (EBITDA - Capex)	-9.67	6.15	5.26	9.96	7.93
Net Debt / (EBITDA - Capex)	-9.59	6.09	5.16	9.75	7.76
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-8.78	16.95	14.64	6.55	13.86
Gross Profit, 1 Yr. Growth %	-3.77	38.1	17.42	3.93	10.83
EBITDA, 1 Yr. Growth %	-0.56	100.01	8.21	-5.74	4.36
EBITA, 1 Yr. Growth %	-55.12	-824	36.83	-4.85	5.21
EBIT, 1 Yr. Growth %	-55.12	-824	36.83	-4.85	5.21
Earnings From Cont. Operations, 1 Yr. Growth %	-32.88	-107.94	1.45K	-65.43	37.26
Net Income, 1 Yr. Growth %	-32.88	-107.94	1.45K	-65.43	37.26
Normalized Net Income, 1 Yr. Growth %	9.09	-112.91	303.33	13.77	29.11
Diluted EPS Before Extra, 1 Yr. Growth %	-32.91	-107.94	1.45K	-65.5	37.55
Accounts Receivable, 1 Yr. Growth %	16.77	26.11	3.53	-2.45	8.46
Inventory, 1 Yr. Growth %	-36.73	123.57	-16.53	74.02	53.18
Net Property, Plant and Equip., 1 Yr. Growth %	9.86	-5.2	-6.6	2.95	2.31
Total Assets, 1 Yr. Growth %	2.11	-2.88	-6.29	2.63	5.46
Tangible Book Value, 1 Yr. Growth %	-13.08	0.74	17.83	5.47	5.84
Common Equity, 1 Yr. Growth %	-12.24	0.88	17.91	5.22	6.28
Cash From Operations, 1 Yr. Growth %	106.81	33.55	4.78	39.95	1.96
Capital Expenditures, 1 Yr. Growth %	-42.43	-66.74	47.52	77.2	6.21
Levered Free Cash Flow, 1 Yr. Growth %	-66.37	-132.15	-110.62	-649.5	164.21
Unlevered Free Cash Flow, 1 Yr. Growth %	-79.33	-250.53	-37.27	27.56	37.88
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-12.75	3.29	15.79	10.52	10.14
Gross Profit, 2 Yr. CAGR %	-17.68	15.28	27.34	10.47	7.32
EBITDA, 2 Yr. CAGR %	-30.35	52.56	52.76	4.18	2.09
EBITA, 2 Yr. CAGR %	-64.29	84.43	214.74	14.1	0.05
EBIT, 2 Yr. CAGR %	-64.29	84.43	214.74	14.1	0.05
Earnings From Cont. Operations, 2 Yr. CAGR %	27.65	-76.92	10.95	131.55	-31.11
Net Income, 2 Yr. CAGR %	27.65	-76.92	10.95	131.55	-31.11
Normalized Net Income, 2 Yr. CAGR %	10.79	-62.47	-27.84	114.21	21.2
Diluted EPS Before Extra, 2 Yr. CAGR %	27.65	-76.92	10.95	131.3	-31.11
Accounts Receivable, 2 Yr. CAGR %	-3.66	21.35	14.26	0.49	2.86
Inventory, 2 Yr. CAGR %	-47.44	18.93	36.6	20.52	63.27
Net Property, Plant and Equip., 2 Yr. CAGR %	15.72	2.06	-5.9	-1.94	2.63
Total Assets, 2 Yr. CAGR %	9.52	-0.42	-4.64	-1.93	4.03
Tangible Book Value, 2 Yr. CAGR %	-14.21	-6.42	8.95	11.48	5.66
Common Equity, 2 Yr. CAGR %	-14.03	-5.91	9.06	11.38	5.75
Cash From Operations, 2 Yr. CAGR %	-7.32	65.74	18.29	21.1	19.46
Capital Expenditures, 2 Yr. CAGR %	-9.05	-56.24	-29.96	61.68	37.19
Levered Free Cash Flow, 2 Yr. CAGR %	-13.88	-67.06	-81.52	-23.61	281.05
Unlevered Free Cash Flow, 2 Yr. CAGR %	-29.34	-44.05	-2.82	-10.55	32.62
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.27	-3.8	6.94	12.62	11.62
Gross Profit, 3 Yr. CAGR %	-10.71	-2.19	15.99	19	10.59
EBITDA, 3 Yr. CAGR %	-17.75	4.32	39.51	32.77	6.26
EBITA, 3 Yr. CAGR %	-47.56	-1.13	66.96	111.24	11.06
EBIT, 3 Yr. CAGR %	-47.56	-1.13	66.96	111.24	11.06
Earnings From Cont. Operations, 3 Yr. CAGR %	24.63	-49.43	-6.16	-24.78	94.51
Net Income, 3 Yr. CAGR %	24.63	-49.43	-6.16	-24.78	94.51
Normalized Net Income, 3 Yr. CAGR %	13.34	-45.89	-17.18	-16.02	80.95
Diluted EPS Before Extra, 3 Yr. CAGR %	24.72	-49.43	-6.18	-24.83	94.51
Accounts Receivable, 3 Yr. CAGR %	-6.16	5.39	15.09	8.39	3.08
Inventory, 3 Yr. CAGR %	-27.13	-14.85	5.69	48.08	30.55
Net Property, Plant and Equip., 3 Yr. CAGR %	25.72	8.28	-0.91	-3.04	-0.54
Total Assets, 3 Yr. CAGR %	14.11	5.22	-2.44	-2.28	0.47
Tangible Book Value, 3 Yr. CAGR %	-7.7	-9.49	1.05	7.78	9.57
Common Equity, 3 Yr. CAGR %	-7.46	-9.32	1.44	7.77	9.66
Cash From Operations, 3 Yr. CAGR %	-1.72	4.49	42.24	25.11	14.35
Capital Expenditures, 3 Yr. CAGR %	18.63	-34.97	-34.39	-4.56	40.55
Levered Free Cash Flow, 3 Yr. CAGR %	52.6	-37.92	-77.41	-42.75	15.53
Unlevered Free Cash Flow, 3 Yr. CAGR %	165.28	-8.89	-41.87	6.4	3.33
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.86	0.88	2	1.69	8.21
Gross Profit, 5 Yr. CAGR %	0.1	-0.35	2.91	2.69	12.44
EBITDA, 5 Yr. CAGR %	-7	12.21	8.73	5.85	24.67
EBITA, 5 Yr. CAGR %	-28.63	12.57	8.38	4.7	36.04
EBIT, 5 Yr. CAGR %	-28.63	12.57	8.38	4.7	36.04
Earnings From Cont. Operations, 5 Yr. CAGR %	29.29	-25.34	18.97	-7.06	-17.08
Net Income, 5 Yr. CAGR %	29.29	-25.34	18.97	-7.06	-17.08
Normalized Net Income, 5 Yr. CAGR %	18.61	-17.54	-5.39	-6.17	-3.56
Diluted EPS Before Extra, 5 Yr. CAGR %	29.29	-25.33	19.02	-7.1	-17.08
Accounts Receivable, 5 Yr. CAGR %	-0.99	3.18	1.53	3.4	10.03
Inventory, 5 Yr. CAGR %	-	1.66	-6.31	-2.15	25.77
Net Property, Plant and Equip., 5 Yr. CAGR %	13.87	15.2	11.96	4.07	0.49
Total Assets, 5 Yr. CAGR %	9.31	9.66	6.2	2.28	0.1
Tangible Book Value, 5 Yr. CAGR %	-2.49	-3.4	-1.37	-1.62	2.87
Common Equity, 5 Yr. CAGR %	-2.4	-3.26	-1.18	-1.55	3.14
Cash From Operations, 5 Yr. CAGR %	-2.43	3.69	5.73	10.84	32.65
Capital Expenditures, 5 Yr. CAGR %	1.52	-3.08	-3.91	-6.38	-11.87
Levered Free Cash Flow, 5 Yr. CAGR %	18.01	11.58	-34.37	-32.55	-30.06
Unlevered Free Cash Flow, 5 Yr. CAGR %	15.96	15.27	77.74	-9.56	-19.15