Income Statement Cosyn Limited

Stocks

COSYN6

INE029B01019

IT Services & Consulting

Market Closed - Bombay S.E. 06:02:27 2026-10-05 EDT			5-day change	1st Jan Change
21.49 ^INR	-0.05%		+0.37%	-8.55%

07-17	Cosyn Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
05-26	Cosyn Limited Announces Completion of Tenure of Rama Rao Karumanch as Independent Director, Effective 27 May 2026	CI

61826a3beb6650e0cb.ET588nMe2J5eWpFVTBlpAq7s7IksoBd4VW7mi0J5pmI.JkwvwkFw6NEZbNgzCHMsTZm0wd9oyi5LGDixynAs3wRzejuqSnuf0hk3oQ

Published financial data: COSYN LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	135M	151M	155M	148M	109M
Total Revenues	135M	151M	155M	148M	109M
Cost of Goods Sold, Total	120M	111M	102M	121M	68.81M
Gross Profit	14.5M	40.16M	53.1M	26.96M	39.97M
Selling General & Admin Expenses, Total	13.71M	15.76M	11.57M	12.26M	11.77M
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	19.09M	9.78M	7.77M	5.66M	8.25M
Other Operating Expenses	8.72M	8.88M	12.56M	17.06M	13.13M
Other Operating Expenses, Total	41.52M	34.42M	31.9M	34.98M	33.15M
Operating Income	-27.02M	5.73M	21.2M	-8.02M	6.82M
Interest Expense, Total	-718K	-3.72M	-21.59M	-9.63M	-8.2M
Interest And Investment Income	2.4M	2.35M	2.28M	1.04M	3.16M
Net Interest Expenses	1.69M	-1.38M	-19.32M	-8.59M	-5.04M
Currency Exchange Gains (Loss)	-506K	-	-	-	-
Other Non Operating Income (Expenses)	-1K	-	-1K	-	1K
EBT, Excl. Unusual Items	-25.84M	4.36M	1.89M	-16.6M	1.78M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	25.19M	-	-	20.72M	-
EBT, Incl. Unusual Items	-653K	4.36M	1.89M	4.12M	1.78M
Income Tax Expense	924K	1.89M	1.54M	2.53M	664K
Earnings From Continuing Operations	-1.58M	2.46M	351K	1.59M	1.12M
Net Income to Company	-1.58M	2.46M	351K	1.59M	1.12M
Minority Interest	64K	4K	1K	1K	-
Net Income - (IS)	-1.51M	2.47M	352K	1.6M	1.12M
Net Income to Common Incl Extra Items	-1.51M	2.47M	352K	1.6M	1.12M
Net Income to Common Excl. Extra Items	-1.51M	2.47M	352K	1.6M	1.12M
Per Share Items
Net EPS - Basic	-0.2	0.33	0.05	0.21	0.15
Basic EPS - Continuing Operations	-0.2	0.33	0.05	0.21	0.15
Basic Weighted Average Shares Outstanding	7.5M	7.5M	7.5M	7.5M	7.5M
Net EPS - Diluted	-0.2	0.33	0.05	0.21	0.15
Diluted EPS - Continuing Operations	-0.2	0.33	0.05	0.21	0.15
Diluted Weighted Average Shares Outstanding	7.5M	7.5M	7.5M	7.5M	7.5M
Normalized Basic EPS	-2.14	0.36	0.16	-1.38	0.15
Normalized Diluted EPS	-2.14	0.36	0.16	-1.38	0.15
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-18.38M	15.42M	28.9M	-2.44M	10.93M
EBITA	-27.02M	5.74M	21.21M	-8.01M	6.83M
EBIT	-27.02M	5.73M	21.2M	-8.02M	6.82M
EBITDAR	-14.22M	19.79M	32.5M	1.45M	14.7M
Total Revenues (As Reported)	162M	153M	157M	170M	112M
Effective Tax Rate - (Ratio)	-141.5	43.42	81.39	61.32	37.26
Total Current Taxes	2.05M	1.34M	1.2M	1.5M	320K
Total Deferred Taxes	-1.13M	556K	335K	937K	344K
Normalized Net Income	-16.09M	2.73M	1.18M	-10.38M	1.11M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Marketing Expenses	2.82M	993K	638K	652K	553K
Selling and Marketing Expenses	2.82M	993K	638K	652K	553K
Net Rental Expense, Total	4.17M	4.37M	3.6M	3.89M	3.77M
Imputed Operating Lease Interest Expense	4.86M	22.68M	54.52M	10.2M	6.13M
Imputed Operating Lease Depreciation	-690K	-18.31M	-50.92M	-6.31M	-2.36M
Maintenance & Repair Expenses, Total	4.39M	3.74M	3.12M	4.18M	3.97M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	2.2M	5.12M	6.24M	1.36M	423K
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	2.2M	5.12M	6.24M	1.36M	423K
Accounts Receivable, Total	125M	109M	125M	141M	103M
Other Receivables	-	-	-	-	-
Notes Receivable	196K	182K	-	376K	-
Total Receivables	125M	109M	125M	142M	103M
Inventory	30.72M	36.74M	50.46M	49.45M	57.18M
Prepaid Expenses	15.75M	20.26M	19.8M	18.46M	20.05M
Other Current Assets, Total	50.39M	53.61M	24.21M	59.1M	58.59M
Total Current Assets	224M	225M	226M	270M	239M
Gross Property Plant And Equipment	272M	282M	292M	265M	278M
Accumulated Depreciation	-199M	-209M	-217M	-222M	-226M
Net Property Plant And Equipment	73.05M	72.97M	75.22M	42.72M	52.37M
Long-term Investments	811K	811K	811K	811K	811K
Other Intangibles, Total	5.93M	5.83M	5.86M	17.95M	13.84M
Deferred Tax Assets Long-Term	487K	-	-	-	-
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	39.91M	41.22M	45.57M	43.04M	45.98M
Total Assets	344M	345M	353M	374M	352M
Liabilities
Accounts Payable, Total	33.4M	6.51M	4.22M	4.15M	1.61M
Accrued Expenses, Total	13.24M	15.6M	-	-	-
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	1.28M	2.12M	17.15M	40.71M	39.86M
Other Current Liabilities	20.84M	45.45M	57.33M	53.35M	33.22M
Total Current Liabilities	68.77M	69.68M	78.7M	98.21M	74.69M
Long-Term Debt	5.31M	2.77M	765K	135K	-
Deferred Tax Liability Non Current	-	69K	405K	1.34M	1.68M
Other Non Current Liabilities	-1K	-	-1K	-	-
Total Liabilities	74.08M	72.52M	79.87M	99.68M	76.38M
Common Stock, Total	75M	75M	75M	75M	75M
Additional Paid In Capital	73.46M	73.46M	73.46M	73.46M	73.46M
Retained Earnings	118M	120M	121M	122M	123M
Comprehensive Income and Other	3.38M	3.38M	3.38M	3.38M	3.38M
Total Common Equity	270M	272M	273M	274M	275M
Minority Interest	571K	567K	566K	566K	566K
Total Equity	270M	273M	273M	275M	276M
Total Liabilities And Equity	344M	345M	353M	374M	352M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	7.5M	7.5M	7.5M	7.5M	7.5M
ECS Total Common Shares Outstanding	7.5M	7.5M	7.5M	7.5M	7.5M
Book Value / Share	35.97	36.3	36.35	36.56	36.71
Tangible Book Value	264M	266M	267M	256M	261M
Tangible Book Value Per Share	35.18	35.52	35.57	34.17	34.86
Total Debt	6.59M	4.89M	17.92M	40.84M	39.86M
Net Debt	4.39M	-226K	11.67M	39.48M	39.44M
Debt Equivalent Oper. Leases	33.34M	34.98M	28.79M	31.12M	30.16M
Minority Interest, Total (Incl. Fin. Div)	571K	567K	566K	566K	566K
Account Code - Inventory Valuation	8	8	8	8	8
Inventories - Raw Materials, Total	57K	50K	49K	41K	13K
Inventories - Work In Process, Total	30.66M	36.69M	50.42M	49.41M	57.16M
Land - (BS)	25.73M	25.73M	25.73M	-	-
Buildings, Total	4.1M	4.1M	4.1M	-	-
Machinery, Total	230M	236M	237M	241M	243M
Full Time Employees	-	537	530	536	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	-1.51M	2.47M	352K	1.6M	1.12M
Depreciation & Amortization - CF	8.63M	9.68M	7.69M	5.57M	4.11M
Amortization of Goodwill and Intangible Assets - (CF)	5K	5K	5K	5K	5K
Depreciation & Amortization, Total	8.64M	9.68M	7.7M	5.58M	4.11M
Amortization of Deferred Charges, Total - (CF)	10.45M	96K	74K	80K	4.14M
Provision and Write-off of Bad Debts	901K	-	-	-	-
Other Operating Activities, Total	-30.25M	-4.32M	21K	-16.62M	143K
Change In Accounts Receivable	7.59M	16.39M	-16.26M	-16.31M	38.16M
Change In Inventories	2.09M	-6.02M	-13.73M	1.01M	-7.73M
Change In Accounts Payable	1.19M	-4.09M	-2.29M	-72K	-2.54M
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	-10.15M	1.33M	7.09M	22.62M	-23.71M
Cash from Operations	-11.06M	15.54M	-17.04M	-2.11M	13.7M
Capital Expenditure	-9.99M	-9.6M	-10.05M	-	-13.8M
Sale of Property, Plant, and Equipment	-	-	-	13.23M	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	13.16M	236K	31.86M	-11.97M	4.91M
Cash from Investing	3.17M	-9.37M	21.82M	1.26M	-8.88M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	4.82M	-	-	-	-
Total Debt Issued	4.82M	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-844K
Long-Term Debt Repaid, Total	-	-2.54M	-2M	-629K	-136K
Total Debt Repaid	-	-2.54M	-2M	-629K	-980K
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-238K	-720K	-1.64M	-3.4M	-4.78M
Cash from Financing	4.58M	-3.26M	-3.64M	-4.03M	-5.76M
Miscellaneous Cash Flow Adjustments	-	-	1K	-1K	-
Net Change in Cash	-3.31M	2.91M	1.13M	-4.88M	-942K
Supplemental Items
Cash Interest Paid	238K	721K	1.64M	3.4M	4.78M
Cash Income Tax Paid (Refund)	3.76M	4.58M	875K	782K	2.14M
Levered Free Cash Flow	6.4M	4.16M	-8.49M	-58.64M	655K
Unlevered Free Cash Flow	6.85M	6.49M	5.01M	-52.62M	5.78M
Change In Net Working Capital	-14.64M	-2.74M	5.97M	53.26M	-7.06M
Net Debt Issued / Repaid	4.82M	-2.54M	-2M	-629K	-980K

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	-4.87	1.04	3.79	-1.38	1.17
Return on Total Capital	-6.12	1.29	4.66	-1.65	1.35
Return On Equity %	-0.58	0.91	0.13	0.58	0.41
Return on Common Equity	-0.56	0.91	0.13	0.58	0.41
Margin Analysis
Gross Profit Margin %	10.78	26.64	34.25	18.21	36.74
SG&A Margin	10.19	10.46	7.46	8.28	10.82
EBITDA Margin %	-13.67	10.23	18.64	-1.65	10.05
EBITA Margin %	-20.09	3.8	13.68	-5.41	6.28
EBIT Margin %	-20.09	3.8	13.68	-5.41	6.27
Income From Continuing Operations Margin %	-1.17	1.63	0.23	1.08	1.03
Net Income Margin %	-1.12	1.64	0.23	1.08	1.03
Net Avail. For Common Margin %	-1.12	1.64	0.23	1.08	1.03
Normalized Net Income Margin	-11.96	1.81	0.76	-7.01	1.02
Levered Free Cash Flow Margin	4.76	2.76	-5.47	-39.6	0.6
Unlevered Free Cash Flow Margin	5.09	4.31	3.23	-35.54	5.31
Asset Turnover
Asset Turnover	0.39	0.44	0.44	0.41	0.3
Fixed Assets Turnover	2.25	2.06	2.09	2.51	2.29
Receivables Turnover (Average Receivables)	1.04	1.29	1.33	1.11	0.89
Inventory Turnover (Average Inventory)	3.78	3.28	2.34	2.42	1.29
Short Term Liquidity
Current Ratio	3.26	3.22	2.87	2.75	3.2
Quick Ratio	1.85	1.63	1.67	1.45	1.38
Operating Cash Flow to Current Liabilities	-0.16	0.22	-0.22	-0.02	0.18
Days Sales Outstanding (Average Receivables)	350.74	282.82	275.59	327.94	409.66
Days Outstanding Inventory (Average Inventory)	96.61	111.31	156.54	150.58	282.78
Average Days Payable Outstanding	101.56	26.77	16.97	12.72	13.73
Cash Conversion Cycle (Average Days)	345.79	367.36	415.15	465.81	678.71
Long Term Solvency
Total Debt/Equity	2.44	1.79	6.56	14.86	14.45
Total Debt / Total Capital	2.38	1.76	6.16	12.94	12.62
LT Debt/Equity	1.96	1.01	0.28	0.05	-
Long-Term Debt / Total Capital	1.92	1	0.26	0.04	-
Total Liabilities / Total Assets	21.51	21	22.62	26.62	21.68
EBIT / Interest Expense	-37.63	1.54	0.98	-0.83	0.83
EBITDA / Interest Expense	-25.6	4.14	1.34	-0.25	1.33
(EBITDA - Capex) / Interest Expense	-39.52	1.56	0.87	-0.25	-0.35
Total Debt / EBITDA	-0.36	0.32	0.62	-16.73	3.65
Net Debt / EBITDA	-0.24	-0.01	0.4	-16.17	3.61
Total Debt / (EBITDA - Capex)	-0.23	0.84	0.95	-16.73	-13.92
Net Debt / (EBITDA - Capex)	-0.15	-0.04	0.62	-16.17	-13.78
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-32.41	12.08	2.85	-4.51	-26.52
Gross Profit, 1 Yr. Growth %	-76.4	176.85	32.24	-49.23	48.26
EBITDA, 1 Yr. Growth %	-178.38	-282.82	86.33	-108.42	-563.07
EBITA, 1 Yr. Growth %	-436.34	-133.61	263.65	-137.65	-186.07
EBIT, 1 Yr. Growth %	471.49	-120.82	269.97	-137.81	-185.09
Earnings From Cont. Operations, 1 Yr. Growth %	-62.51	-256.25	-85.75	354.13	-29.91
Net Income, 1 Yr. Growth %	-62.42	-263.12	-85.74	353.12	-29.91
Normalized Net Income, 1 Yr. Growth %	591.71	-116.94	-56.72	-979.5	-110.73
Diluted EPS Before Extra, 1 Yr. Growth %	-62.42	-263.12	-85.74	353.13	-29.91
Accounts Receivable, 1 Yr. Growth %	-6.36	-13.11	14.97	13.06	-27.03
Inventory, 1 Yr. Growth %	-6.37	19.6	37.37	-2.01	15.63
Net Property, Plant and Equip., 1 Yr. Growth %	56.61	-0.1	3.08	-43.21	22.6
Total Assets, 1 Yr. Growth %	-1.16	0.26	2.23	6.06	-5.92
Tangible Book Value, 1 Yr. Growth %	3.45	0.97	0.12	-3.94	2.04
Common Equity, 1 Yr. Growth %	-0.56	0.91	0.13	0.58	0.41
Cash From Operations, 1 Yr. Growth %	-300.89	-240.5	-209.64	-87.6	-153.39
Capital Expenditures, 1 Yr. Growth %	-36.03	-3.86	4.6	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-1.74K	-31.57	-303.74	590.98	-101.12
Unlevered Free Cash Flow, 1 Yr. Growth %	637.86	-0.66	-22.83	-1.15K	-110.98
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-32.93	-12.96	7.36	-0.9	-16.24
Gross Profit, 2 Yr. CAGR %	-54.97	-19.16	91.34	-18.06	-13.24
EBITDA, 2 Yr. CAGR %	-31.27	-18.92	85.14	-60.33	-38.57
EBITA, 2 Yr. CAGR %	13.16	-15.49	11.48	17.21	-43.36
EBIT, 2 Yr. CAGR %	13.17	10.1	-12.22	18.27	-43.28
Earnings From Cont. Operations, 2 Yr. CAGR %	-66.24	-23.46	-52.82	-19.57	78.47
Net Income, 2 Yr. CAGR %	-67.89	-21.7	-51.77	-19.61	78.22
Normalized Net Income, 2 Yr. CAGR %	11.77	8.26	-72.92	95.1	-2.84
Diluted EPS Before Extra, 2 Yr. CAGR %	-67.89	-21.7	-51.77	-19.61	78.22
Accounts Receivable, 2 Yr. CAGR %	-14.66	-9.8	-0.05	14.01	-9.17
Inventory, 2 Yr. CAGR %	-12.26	5.82	28.18	16.02	6.44
Net Property, Plant and Equip., 2 Yr. CAGR %	25.09	25.08	1.47	-23.49	-16.56
Total Assets, 2 Yr. CAGR %	-9.31	-0.45	1.24	4.13	-0.11
Tangible Book Value, 2 Yr. CAGR %	3.67	2.2	0.55	-1.93	-0.99
Common Equity, 2 Yr. CAGR %	-0.82	0.18	0.52	0.36	0.5
Cash From Operations, 2 Yr. CAGR %	-52.25	68	24.11	-63.13	-10.33
Capital Expenditures, 2 Yr. CAGR %	-25.93	-21.58	0.28	-	17.18
Levered Free Cash Flow, 2 Yr. CAGR %	-57.44	226.23	18.08	275.21	-72.22
Unlevered Free Cash Flow, 2 Yr. CAGR %	-57.85	164.49	-12.44	184.7	7.41
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-30.21	-20.41	-7.98	3.25	-10.3
Gross Profit, 3 Yr. CAGR %	-45.68	-17.5	-4.75	22.96	-0.15
EBITDA, 3 Yr. CAGR %	-31.1	-26.56	7.21	-33.85	-11
EBITA, 3 Yr. CAGR %	-13.73	-35.22	38.22	-22.28	5.39
EBIT, 3 Yr. CAGR %	-13.73	-35.24	64.91	-33.71	5.98
Earnings From Cont. Operations, 3 Yr. CAGR %	-56.18	-43.73	-56.3	0.36	-23.16
Net Income, 3 Yr. CAGR %	-57.51	-44.81	-55.62	1.77	-23.2
Normalized Net Income, 3 Yr. CAGR %	-5.61	-40.4	-20.25	-13.6	-25.8
Diluted EPS Before Extra, 3 Yr. CAGR %	-57.51	-44.81	-55.62	1.77	-23.2
Accounts Receivable, 3 Yr. CAGR %	-15.08	-14.15	-2.2	4.14	-1.75
Inventory, 3 Yr. CAGR %	58.89	-2.71	15.44	17.2	15.89
Net Property, Plant and Equip., 3 Yr. CAGR %	16.42	16.06	17.27	-16.38	-10.47
Total Assets, 3 Yr. CAGR %	-6.78	-6.22	0.44	2.82	0.66
Tangible Book Value, 3 Yr. CAGR %	2.93	2.76	1.5	-0.97	-0.62
Common Equity, 3 Yr. CAGR %	-1.68	-0.25	0.16	0.54	0.37
Cash From Operations, 3 Yr. CAGR %	-47.43	-31.57	45.73	-42.41	-4.11
Capital Expenditures, 3 Yr. CAGR %	-44.45	-19.2	-13.67	-	12.83
Levered Free Cash Flow, 3 Yr. CAGR %	-37	-50.96	178.85	112.78	-46.03
Unlevered Free Cash Flow, 3 Yr. CAGR %	-22.56	-44.77	75.42	100.43	-3.8
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-15.65	-18.84	-17.09	-13.11	-11.38
Gross Profit, 5 Yr. CAGR %	-33.03	-20.24	-10.11	-17.73	-8.24
EBITDA, 5 Yr. CAGR %	-22.83	-31.1	-12.45	-42.52	-14.15
EBITA, 5 Yr. CAGR %	-15.46	-42.72	-12.81	-17.61	-3.2
EBIT, 5 Yr. CAGR %	-15.46	-42.73	-12.81	-17.6	7.61
Earnings From Cont. Operations, 5 Yr. CAGR %	-51.97	-47.82	-54.87	-35.09	-23.28
Net Income, 5 Yr. CAGR %	-52.52	-48.13	-55.3	-35.85	-22.6
Normalized Net Income, 5 Yr. CAGR %	-16.85	-44.58	-42.72	-4.23	-13.69
Diluted EPS Before Extra, 5 Yr. CAGR %	-52.52	-48.13	-55.3	-35.85	-22.6
Accounts Receivable, 5 Yr. CAGR %	-6.05	1.79	-9.36	-3.83	-5.05
Inventory, 5 Yr. CAGR %	1.1	-16.28	45.81	4.39	11.75
Net Property, Plant and Equip., 5 Yr. CAGR %	25.1	11.59	10.19	-1.76	2.34
Total Assets, 5 Yr. CAGR %	0.03	-2.3	-3.65	-2.21	0.22
Tangible Book Value, 5 Yr. CAGR %	7.56	1.56	1.97	0.86	0.5
Common Equity, 5 Yr. CAGR %	4.89	0.23	-0.8	-0.01	0.29
Cash From Operations, 5 Yr. CAGR %	-29.36	-19.5	-25.87	-46.57	20
Capital Expenditures, 5 Yr. CAGR %	-18.74	-17.44	-29.65	-	-2.45
Levered Free Cash Flow, 5 Yr. CAGR %	21.22	-6.53	-19.81	10.67	10.84
Unlevered Free Cash Flow, 5 Yr. CAGR %	39.55	9.29	-19.42	6.42	44.17