Income Statement Choksi Laboratories Limited

Stocks

CHOKSILA6

INE493D01013

Business Support Services

Market Closed - Bombay S.E. 06:02:28 2026-09-07 EDT			5-day change	1st Jan Change
157.25 ^INR	-4.84%		+6.36%	+21.71%

08-13	Choksi Laboratories Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
05-25	Choksi Laboratories Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI

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Published financial data: CHOKSI LABORATORIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	300M	344M	367M	418M	460M
Total Revenues	300M	344M	367M	418M	460M
Cost of Goods Sold, Total	140M	156M	171M	201M	221M
Gross Profit	160M	188M	196M	217M	239M
Selling General & Admin Expenses, Total	3.22M	5.33M	6.02M	5.66M	5.82M
Provision for Bad Debts	1.53M	1.86M	1.52M	2M	3.32M
Depreciation & Amortization - (IS)	54.28M	54.98M	57.14M	64.99M	70.89M
Other Operating Expenses	66.8M	78.86M	86.07M	96.95M	109M
Other Operating Expenses, Total	126M	141M	151M	170M	189M
Operating Income	34.66M	47.43M	45.13M	47.48M	50.65M
Interest Expense, Total	-32.12M	-34.94M	-30.07M	-26.6M	-28.22M
Interest And Investment Income	1.16M	1.97M	1.64M	598K	1.75M
Net Interest Expenses	-30.96M	-32.97M	-28.43M	-26M	-26.47M
Currency Exchange Gains (Loss)	-66K	196K	-18K	55K	353K
Other Non Operating Income (Expenses)	-2K	-	1K	-	-1K
EBT, Excl. Unusual Items	3.64M	14.66M	16.68M	21.54M	24.53M
Gain (Loss) On Sale Of Assets	35K	-5K	-48K	-2K	-114K
Other Unusual Items	-	22.56M	-	-	7.53M
EBT, Incl. Unusual Items	3.67M	37.21M	16.63M	21.53M	31.95M
Income Tax Expense	1.6M	5.11M	5.53M	6.3M	12.3M
Earnings From Continuing Operations	2.07M	32.1M	11.1M	15.23M	19.64M
Net Income to Company	2.07M	32.1M	11.1M	15.23M	19.64M
Net Income - (IS)	2.07M	32.1M	11.1M	15.23M	19.64M
Net Income to Common Incl Extra Items	2.07M	32.1M	11.1M	15.23M	19.64M
Net Income to Common Excl. Extra Items	2.07M	32.1M	11.1M	15.23M	19.64M
Per Share Items
Net EPS - Basic	0.3	4.61	1.59	2.19	2.82
Basic EPS - Continuing Operations	0.3	4.61	1.59	2.19	2.82
Basic Weighted Average Shares Outstanding	6.96M	6.96M	6.96M	6.96M	6.96M
Net EPS - Diluted	0.3	4.61	1.59	2.19	2.82
Diluted EPS - Continuing Operations	0.3	4.61	1.59	2.19	2.82
Diluted Weighted Average Shares Outstanding	6.96M	6.96M	6.96M	6.96M	6.96M
Normalized Basic EPS	0.33	1.32	1.5	1.93	2.2
Normalized Diluted EPS	0.33	1.32	1.5	1.93	2.2
Supplemental Items
EBITDA	82.49M	96.24M	96.53M	107M	114M
EBITA	34.66M	47.43M	45.13M	47.48M	50.65M
EBIT	34.66M	47.43M	45.13M	47.48M	50.65M
EBITDAR	85.56M	100M	102M	112M	119M
Total Revenues (As Reported)	302M	347M	369M	418M	462M
Effective Tax Rate - (Ratio)	43.6	13.74	33.27	29.26	38.51
Total Current Taxes	0	0	643K	7.29M	9.43M
Total Deferred Taxes	1.6M	5.11M	4.89M	-988K	2.88M
Normalized Net Income	2.27M	9.16M	10.42M	13.46M	15.33M
Interest Capitalized	62K	120K	616K	1.07M	498K
Interest on Long-Term Debt	1.88M	1.62M	1.34M	1.06M	2.25M
Non-Cash Pension Expense	662K	908K	1.06M	1.2M	1.27M
Supplemental Operating Expense Items
Advertising Expense	148K	1.15M	985K	282K	483K
Selling and Marketing Expenses	148K	1.15M	985K	282K	483K
Net Rental Expense, Total	3.07M	4.18M	5.03M	5.37M	5.34M
Imputed Operating Lease Interest Expense	2.07M	3.36M	3.9M	3.96M	3.87M
Imputed Operating Lease Depreciation	1M	816K	1.13M	1.41M	1.47M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	4.07M	3.38M	6.57M	6.12M	2.07M
Short Term Investments	-	2.68M	50K	-	1.47M
Total Cash And Short Term Investments	4.07M	6.05M	6.62M	6.12M	3.54M
Accounts Receivable, Total	103M	107M	104M	113M	147M
Other Receivables	13.45M	4.38M	1.21M	13.88M	15.24M
Total Receivables	116M	111M	105M	127M	163M
Inventory	2.5M	2.09M	3.64M	5.57M	2.37M
Prepaid Expenses	3.36M	3.12M	3.42M	3.58M	2.79M
Other Current Assets, Total	14.3M	17.27M	26.87M	21.33M	17.45M
Total Current Assets	141M	139M	146M	163M	189M
Gross Property Plant And Equipment	698M	706M	768M	841M	937M
Accumulated Depreciation	-219M	-258M	-308M	-369M	-422M
Net Property Plant And Equipment	479M	447M	461M	471M	515M
Long-term Investments	3.54M	818K	2.11M	4.53M	4.47M
Other Intangibles, Total	3.2M	3.92M	3.6M	4.77M	4.17M
Deferred Tax Assets Long-Term	13.91M	8.78M	3.92M	5.44M	2.55M
Other Long-Term Assets, Total	4.32M	3.2M	3.52M	4.02M	4M
Total Assets	645M	604M	620M	653M	719M
Liabilities
Accounts Payable, Total	40.16M	18M	39.31M	54.26M	56.02M
Accrued Expenses, Total	35.14M	32.5M	28.71M	43.86M	39.89M
Short-term Borrowings	24.89M	15.91M	58.38M	125M	58.67M
Current Portion of Long-Term Debt	47.33M	51.47M	54.39M	3.21M	65.02M
Current Portion of Leases	4.65M	4.65M	5.18M	3.53M	6.38M
Current Income Taxes Payable	494K	-	-	-	-
Other Current Liabilities	3.06M	2.62M	2.52M	8.7M	4.92M
Total Current Liabilities	156M	125M	188M	239M	231M
Long-Term Debt	275M	236M	180M	152M	178M
Long-Term Leases	20.64M	15.99M	10.82M	7.29M	33.54M
Pension & Other Post Retirement Benefits	13.89M	15.29M	18.16M	18.9M	20.94M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	-	-	-	-1K	-
Total Liabilities	466M	393M	397M	417M	463M
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	92.2M	124M	135M	151M	170M
Comprehensive Income and Other	3.66M	3.69M	3.62M	2.33M	2.39M
Total Common Equity	179M	211M	222M	236M	256M
Total Equity	179M	211M	222M	236M	256M
Total Liabilities And Equity	645M	604M	620M	653M	719M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.96M	6.96M	6.96M	6.96M	6.96M
ECS Total Common Shares Outstanding	6.96M	6.96M	6.96M	6.96M	6.96M
Book Value / Share	25.7	30.31	31.89	33.89	36.72
Tangible Book Value	176M	207M	219M	231M	252M
Tangible Book Value Per Share	25.24	29.74	31.37	33.21	36.12
Total Debt	373M	324M	309M	292M	342M
Net Debt	369M	318M	302M	285M	338M
Debt Equivalent of Unfunded Proj. Benefit Obligation	13.89M	15.29M	18.17M	21.69M	23.64M
Debt Equivalent Oper. Leases	24.55M	33.43M	40.24M	42.98M	42.72M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	1.92M	1.46M	1.83M	3.46M	2.05M
Inventories - Others	584K	635K	1.81M	2.11M	315K
Land - (BS)	47.94M	46.37M	46.37M	46.37M	46.48M
Buildings, Total	144M	138M	139M	152M	153M
Machinery, Total	454M	485M	520M	606M	676M
Full Time Employees	-	-	-	-	364
Assets under Capital Lease - Gross	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.71M	4.55M	5.27M	6.7M	8.77M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	2.07M	32.1M	11.1M	15.23M	19.64M
Depreciation & Amortization - CF	52.72M	53.71M	55.92M	63.69M	68.29M
Depreciation & Amortization, Total	52.72M	53.71M	55.92M	63.69M	68.29M
Amortization of Deferred Charges, Total - (CF)	1.55M	1.27M	1.22M	1.3M	2.6M
(Gain) Loss From Sale Of Asset	-35K	5K	48K	2K	-7.42M
Provision and Write-off of Bad Debts	-	3.7M	2.23M	3.43M	5.39M
Other Operating Activities, Total	44.24M	22.87M	29.01M	12.24M	33.85M
Change In Accounts Receivable	-21.31M	-7.33M	375K	-12.22M	-39.95M
Change In Inventories	-1.38M	414K	-1.55M	-1.93M	3.2M
Change In Accounts Payable	-8.15M	-22.16M	21.32M	14.94M	1.76M
Change in Other Net Operating Assets	9.06M	-2.04M	-4.16M	21.11M	-8.72M
Cash from Operations	78.77M	82.54M	116M	118M	78.65M
Capital Expenditure	-26.8M	-39.53M	-70.04M	-74.39M	-79.77M
Sale of Property, Plant, and Equipment	376K	32.4M	898K	23K	9.26M
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-1.83M	-1.98M	-902K	-2.48M	-1.99M
Investment in Marketable and Equity Securities, Total	-	52K	1.92M	197K	-
Other Investing Activities, Total	1.16M	1.97M	1.64M	599K	1.75M
Cash from Investing	-27.09M	-7.08M	-66.48M	-76.05M	-70.75M
Short Term Debt Issued, Total	-	-	42.47M	9.85M	-
Long-Term Debt Issued, Total	-	20.04M	310M	38.39M	89.09M
Total Debt Issued	-	20.04M	353M	48.24M	89.09M
Short Term Debt Repaid, Total	-	-8.98M	-	-	-5.03M
Long-Term Debt Repaid, Total	-18.59M	-59.78M	-368M	-63.92M	-67.85M
Total Debt Repaid	-18.59M	-68.76M	-368M	-63.92M	-72.88M
Other Financing Activities, Total	-32.09M	-27.42M	-30.05M	-26.49M	-28.16M
Cash from Financing	-50.68M	-76.15M	-45.84M	-42.18M	-11.96M
Foreign Exchange Rate Adjustments	-	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-1K	-	1K	1K
Net Change in Cash	1.01M	-696K	3.19M	-446K	-4.06M
Supplemental Items
Cash Interest Paid	32.09M	34.92M	30.05M	26.49M	28.16M
Cash Income Tax Paid (Refund)	-11.72M	-7.44M	4.93M	19.96M	4.86M
Levered Free Cash Flow	12.6M	-1.34M	7.35M	19.43M	-30.9M
Unlevered Free Cash Flow	32.68M	20.5M	26.15M	36.05M	-13.26M
Change In Net Working Capital	14.64M	22.62M	-11.76M	-18.26M	34.04M
Net Debt Issued / Repaid	-18.59M	-48.73M	-15.78M	-15.68M	16.21M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	3.31	4.75	4.61	4.66	4.61
Return on Total Capital	3.87	5.45	5.29	5.61	5.63
Return On Equity %	1.16	16.46	5.12	6.65	7.99
Return on Common Equity	1.16	16.46	5.12	6.65	7.99
Margin Analysis
Gross Profit Margin %	53.42	54.72	53.38	51.95	52.05
SG&A Margin	1.07	1.55	1.64	1.35	1.27
EBITDA Margin %	27.46	27.94	26.31	25.54	24.69
EBITA Margin %	11.54	13.77	12.3	11.36	11.01
EBIT Margin %	11.54	13.77	12.3	11.36	11.01
Income From Continuing Operations Margin %	0.69	9.32	3.02	3.65	4.27
Net Income Margin %	0.69	9.32	3.02	3.65	4.27
Net Avail. For Common Margin %	0.69	9.32	3.02	3.65	4.27
Normalized Net Income Margin	0.76	2.66	2.84	3.22	3.33
Levered Free Cash Flow Margin	4.19	-0.39	2	4.65	-6.72
Unlevered Free Cash Flow Margin	10.88	5.95	7.13	8.63	-2.88
Asset Turnover
Asset Turnover	0.46	0.55	0.6	0.66	0.67
Fixed Assets Turnover	0.61	0.74	0.81	0.9	0.93
Receivables Turnover (Average Receivables)	3.26	3.29	3.49	3.86	3.54
Inventory Turnover (Average Inventory)	77.22	67.89	59.75	43.6	55.58
Short Term Liquidity
Current Ratio	0.9	1.11	0.77	0.68	0.82
Quick Ratio	0.77	0.93	0.59	0.56	0.72
Operating Cash Flow to Current Liabilities	0.51	0.66	0.61	0.49	0.34
Days Sales Outstanding (Average Receivables)	112.09	110.99	104.96	94.63	103.15
Days Outstanding Inventory (Average Inventory)	4.73	5.38	6.13	8.37	6.57
Average Days Payable Outstanding	114.25	68.23	60.75	84.25	92.57
Cash Conversion Cycle (Average Days)	2.57	48.13	50.34	18.76	17.14
Long Term Solvency
Total Debt/Equity	208.29	153.57	139	123.52	133.6
Total Debt / Total Capital	67.56	60.56	58.16	55.26	57.19
LT Debt/Equity	165.35	119.45	85.9	67.62	82.75
Long-Term Debt / Total Capital	53.63	47.11	35.94	30.25	35.42
Total Liabilities / Total Assets	72.23	65.03	64.15	63.87	64.44
EBIT / Interest Expense	1.08	1.36	1.5	1.79	1.79
EBITDA / Interest Expense	2.72	2.89	3.36	4.18	4.21
(EBITDA - Capex) / Interest Expense	1.89	1.76	1.03	1.38	1.39
Total Debt / EBITDA	4.27	3.21	3.06	2.62	2.87
Net Debt / EBITDA	4.22	3.15	2.99	2.57	2.84
Total Debt / (EBITDA - Capex)	6.15	5.26	9.96	7.93	8.72
Net Debt / (EBITDA - Capex)	6.09	5.16	9.75	7.76	8.63
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.95	14.64	6.55	13.86	10.11
Gross Profit, 1 Yr. Growth %	38.1	17.42	3.93	10.83	10.31
EBITDA, 1 Yr. Growth %	100.01	8.21	-5.74	4.36	1.01
EBITA, 1 Yr. Growth %	-824	36.83	-4.85	5.21	6.67
EBIT, 1 Yr. Growth %	-824	36.83	-4.85	5.21	6.67
Earnings From Cont. Operations, 1 Yr. Growth %	-107.94	1.45K	-65.43	37.26	28.95
Net Income, 1 Yr. Growth %	-107.94	1.45K	-65.43	37.26	28.95
Normalized Net Income, 1 Yr. Growth %	-112.91	303.33	13.77	29.11	13.91
Diluted EPS Before Extra, 1 Yr. Growth %	-107.94	1.45K	-65.5	37.55	28.94
Accounts Receivable, 1 Yr. Growth %	26.11	3.53	-2.45	8.46	30.66
Inventory, 1 Yr. Growth %	123.57	-16.53	74.02	53.18	-57.51
Net Property, Plant and Equip., 1 Yr. Growth %	-5.2	-6.6	2.95	2.31	9.34
Total Assets, 1 Yr. Growth %	-2.88	-6.29	2.63	5.46	10.08
Tangible Book Value, 1 Yr. Growth %	0.74	17.83	5.47	5.84	8.78
Common Equity, 1 Yr. Growth %	0.88	17.91	5.22	6.28	8.35
Cash From Operations, 1 Yr. Growth %	33.55	4.78	39.95	1.96	-33.22
Capital Expenditures, 1 Yr. Growth %	-66.74	47.52	77.2	6.21	7.23
Levered Free Cash Flow, 1 Yr. Growth %	-132.15	-110.62	-649.5	164.21	-259.04
Unlevered Free Cash Flow, 1 Yr. Growth %	-250.53	-37.27	27.56	37.88	-136.78
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.29	15.79	10.52	10.14	11.97
Gross Profit, 2 Yr. CAGR %	15.28	27.34	10.47	7.32	10.57
EBITDA, 2 Yr. CAGR %	52.56	52.76	4.18	2.09	5.4
EBITA, 2 Yr. CAGR %	84.43	214.74	14.1	0.05	5.94
EBIT, 2 Yr. CAGR %	84.43	214.74	14.1	0.05	5.94
Earnings From Cont. Operations, 2 Yr. CAGR %	-76.92	10.95	131.55	-31.11	33.04
Net Income, 2 Yr. CAGR %	-76.92	10.95	131.55	-31.11	33.04
Normalized Net Income, 2 Yr. CAGR %	-62.47	-27.84	114.21	21.2	21.27
Diluted EPS Before Extra, 2 Yr. CAGR %	-76.92	10.95	131.3	-31.11	33.18
Accounts Receivable, 2 Yr. CAGR %	21.35	14.26	0.49	2.86	19.05
Inventory, 2 Yr. CAGR %	18.93	36.6	20.52	63.27	-19.33
Net Property, Plant and Equip., 2 Yr. CAGR %	2.06	-5.9	-1.94	2.63	5.77
Total Assets, 2 Yr. CAGR %	-0.42	-4.64	-1.93	4.03	7.75
Tangible Book Value, 2 Yr. CAGR %	-6.42	8.95	11.48	5.66	7.3
Common Equity, 2 Yr. CAGR %	-5.91	9.06	11.38	5.75	7.31
Cash From Operations, 2 Yr. CAGR %	65.74	18.29	21.1	19.46	-17.49
Capital Expenditures, 2 Yr. CAGR %	-56.24	-29.96	61.68	37.19	6.72
Levered Free Cash Flow, 2 Yr. CAGR %	-67.06	-81.52	-23.61	281.05	104.99
Unlevered Free Cash Flow, 2 Yr. CAGR %	-44.05	-2.82	-10.55	32.62	-28.79
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.8	6.94	12.62	11.62	10.13
Gross Profit, 3 Yr. CAGR %	-2.19	15.99	19	10.59	8.31
EBITDA, 3 Yr. CAGR %	4.32	39.51	32.77	6.26	3.52
EBITA, 3 Yr. CAGR %	-1.13	66.96	111.24	11.06	2.21
EBIT, 3 Yr. CAGR %	-1.13	66.96	111.24	11.06	2.21
Earnings From Cont. Operations, 3 Yr. CAGR %	-49.43	-6.16	-24.78	94.51	-15.1
Net Income, 3 Yr. CAGR %	-49.43	-6.16	-24.78	94.51	-15.1
Normalized Net Income, 3 Yr. CAGR %	-45.89	-17.18	-16.02	80.95	18.72
Diluted EPS Before Extra, 3 Yr. CAGR %	-49.43	-6.18	-24.83	94.51	-15.1
Accounts Receivable, 3 Yr. CAGR %	5.39	15.09	8.39	3.08	11.4
Inventory, 3 Yr. CAGR %	-14.85	5.69	48.08	30.55	4.24
Net Property, Plant and Equip., 3 Yr. CAGR %	8.28	-0.91	-3.04	-0.54	4.82
Total Assets, 3 Yr. CAGR %	5.22	-2.44	-2.28	0.47	6.01
Tangible Book Value, 3 Yr. CAGR %	-9.49	1.05	7.78	9.57	6.69
Common Equity, 3 Yr. CAGR %	-9.32	1.44	7.77	9.66	6.61
Cash From Operations, 3 Yr. CAGR %	4.49	42.24	25.11	14.35	-1.6
Capital Expenditures, 3 Yr. CAGR %	-34.97	-34.39	-4.56	40.55	26.37
Levered Free Cash Flow, 3 Yr. CAGR %	-37.92	-77.41	-42.75	15.53	184.77
Unlevered Free Cash Flow, 3 Yr. CAGR %	-8.89	-41.87	6.4	3.33	-13.51
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.88	2	1.69	8.21	12.36
Gross Profit, 5 Yr. CAGR %	-0.35	2.91	2.69	12.44	15.56
EBITDA, 5 Yr. CAGR %	12.21	8.73	5.85	24.67	22.47
EBITA, 5 Yr. CAGR %	12.57	8.38	4.7	36.04	60.28
EBIT, 5 Yr. CAGR %	12.57	8.38	4.7	36.04	60.28
Earnings From Cont. Operations, 5 Yr. CAGR %	-25.34	18.97	-7.06	-17.08	-5.51
Net Income, 5 Yr. CAGR %	-25.34	18.97	-7.06	-17.08	-5.51
Normalized Net Income, 5 Yr. CAGR %	-17.54	-5.39	-6.17	-3.56	-2.72
Diluted EPS Before Extra, 5 Yr. CAGR %	-25.33	19.02	-7.1	-17.08	-5.51
Accounts Receivable, 5 Yr. CAGR %	3.18	1.53	3.4	10.03	12.54
Inventory, 5 Yr. CAGR %	1.66	-6.31	-2.15	25.77	16.14
Net Property, Plant and Equip., 5 Yr. CAGR %	15.2	11.96	4.07	0.49	0.39
Total Assets, 5 Yr. CAGR %	9.66	6.2	2.28	0.1	1.62
Tangible Book Value, 5 Yr. CAGR %	-3.4	-1.37	-1.62	2.87	7.59
Common Equity, 5 Yr. CAGR %	-3.26	-1.18	-1.55	3.14	7.58
Cash From Operations, 5 Yr. CAGR %	3.69	5.73	10.84	32.65	5.92
Capital Expenditures, 5 Yr. CAGR %	-3.08	-3.91	-6.38	-11.87	-0.2
Levered Free Cash Flow, 5 Yr. CAGR %	11.58	-34.37	-32.55	-30.06	-4.64
Unlevered Free Cash Flow, 5 Yr. CAGR %	15.27	77.74	-9.56	-19.15	-9.39