Income Statement Dev Labtech Venture Limited Bombay S.E.

Stocks

543848

INE0NIJ01017

Apparel & Accessories

Market Closed - Bombay S.E. 06:02:28 2026-09-08 EDT			5-day change	1st Jan Change
18.61 ^INR	+3.39%		0.00%	-5.54%

05-29	Dev Labtech Venture Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
11-12	Dev Labtech Venture Limited Reports Earnings Results for the Half Year Ended September 30, 2025	CI

928b7f18a24c884601862ca07d5ab3.nUwSZDvcnuVqgajA905M-h6GIibABRjlQ5DC9KC9Wf0.7AdbBm2N56IhtMqqjh9-rSfBbnarMjXWGaKJuZXfF7ewGyUMc53piBqzkA

Published financial data: DEV LABTECH VENTURE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Revenues	123M	269M	303M	432M	524M
Total Revenues	123M	269M	303M	432M	524M
Cost of Goods Sold, Total	85.18M	233M	228M	347M	413M
Gross Profit	37.53M	35.55M	75.43M	85.41M	111M
Selling General & Admin Expenses, Total	33.74M	13.02M	14.32M	17.63M	25.19M
Depreciation & Amortization - (IS)	1.07M	863K	5.55M	9.32M	11.1M
Other Operating Expenses	571K	16.96M	42.01M	39.05M	54.98M
Other Operating Expenses, Total	35.37M	30.84M	61.88M	66M	91.27M
Operating Income	2.15M	4.7M	13.55M	19.41M	19.62M
Interest Expense, Total	-1.57M	-1.32M	-1.03M	-1.09M	-1.21M
Interest And Investment Income	2.2K	1K	-	81K	30K
Net Interest Expenses	-1.57M	-1.32M	-1.03M	-1.01M	-1.18M
Currency Exchange Gains (Loss)	-	1.25M	-	-	-
Other Non Operating Income (Expenses)	102K	-76K	-11K	-89K	8K
EBT, Excl. Unusual Items	688K	4.56M	12.51M	18.31M	18.46M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Other Unusual Items	-	1.14M	1.6M	-	-
EBT, Incl. Unusual Items	688K	5.7M	14.1M	18.31M	18.46M
Income Tax Expense	504K	1.34M	3.91M	4.9M	5.52M
Earnings From Continuing Operations	184K	4.36M	10.19M	13.41M	12.94M
Net Income to Company	184K	4.36M	10.19M	13.41M	12.94M
Net Income - (IS)	184K	4.36M	10.19M	13.41M	12.94M
Net Income to Common Incl Extra Items	184K	4.36M	10.19M	13.41M	12.94M
Net Income to Common Excl. Extra Items	184K	4.36M	10.19M	13.41M	12.94M
Per Share Items
Net EPS - Basic	0.01	0.21	0.31	0.41	0.33
Basic EPS - Continuing Operations	0.01	0.21	0.31	0.41	0.33
Basic Weighted Average Shares Outstanding	15.71M	20.66M	33.08M	33.08M	39.46M
Net EPS - Diluted	0.01	0.21	0.31	0.4	0.27
Diluted EPS - Continuing Operations	0.01	0.21	0.31	0.4	0.27
Diluted Weighted Average Shares Outstanding	15.71M	20.66M	33.08M	33.08M	47.42M
Normalized Basic EPS	0.03	0.14	0.24	0.35	0.29
Normalized Diluted EPS	0.03	0.14	0.24	0.35	0.24
Supplemental Items
EBITDA	3.22M	5.57M	19.1M	28.72M	30.71M
EBITA	2.15M	4.7M	13.55M	19.41M	19.62M
EBIT	2.15M	4.7M	13.55M	19.41M	19.62M
EBITDAR	3.33M	-	-	-	30.73M
Total Revenues (As Reported)	123M	270M	303M	432M	524M
Effective Tax Rate - (Ratio)	73.23	23.49	27.73	26.75	29.9
Current Domestic Taxes	-	-	2.43M	3.24M	6.13M
Total Current Taxes	104K	889K	2.43M	3.24M	6.13M
Deferred Domestic Taxes	-	-	1.48M	1.66M	-611K
Total Deferred Taxes	400K	450K	1.48M	1.66M	-611K
Normalized Net Income	430K	2.85M	7.82M	11.44M	11.54M
Interest on Long-Term Debt	-	624K	1.03M	1.09M	1.03M
Non-Cash Pension Expense	-	-57.68K	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	261K	363K	187K
Selling and Marketing Expenses	-	-	261K	363K	187K
Net Rental Expense, Total	108K	-	-	-	18K
Imputed Operating Lease Interest Expense	81.67K	-	-	-	16.02K
Imputed Operating Lease Depreciation	26.33K	-	-	-	1.98K
Maintenance & Repair Expenses, Total	-	-	2K	2K	76K

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Assets
Cash And Equivalents	286K	669K	58.07M	1.74M	673K
Total Cash And Short Term Investments	286K	669K	58.07M	1.74M	673K
Accounts Receivable, Total	29.87M	40.76M	47.04M	19.13M	48.04M
Total Receivables	29.87M	40.76M	47.04M	19.13M	48.04M
Inventory	29.69M	40.44M	78.17M	199M	323M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	2.05M	1.15M	11.27M	16.75M	17.14M
Total Current Assets	61.9M	83.02M	195M	236M	389M
Gross Property Plant And Equipment	-	13.49M	54.61M	72.52M	74.79M
Accumulated Depreciation	-	-9.74M	-13.12M	-22.44M	-25.95M
Net Property Plant And Equipment	7.1M	3.74M	41.49M	50.09M	48.84M
Other Intangibles, Total	-	-	-	-	28K
Deferred Tax Assets Long-Term	2.48M	1.92M	990K	-	-
Other Long-Term Assets, Total	1	136K	210K	211K	214K
Total Assets	71.48M	88.82M	237M	287M	438M
Liabilities
Accounts Payable, Total	34.15M	54.75M	21.16M	5.07M	5.96M
Accrued Expenses, Total	63.16K	1.14M	12.77M	8.28M	5.78M
Short-term Borrowings	3.34M	-	-	-	-
Current Portion of Long-Term Debt	2.62M	836K	550K	283K	474K
Current Income Taxes Payable	104K	889K	2.43M	3.24M	-
Unearned Revenue Current, Total	-	-	13K	8K	-
Other Current Liabilities	4.08M	-	180K	-1K	945K
Total Current Liabilities	44.36M	57.61M	37.1M	16.88M	13.16M
Long-Term Debt	11.79M	11.42M	10.75M	10.74M	10.19M
Pension & Other Post Retirement Benefits	-	584K	598K	639K	2.67M
Deferred Tax Liability Non Current	-	-	-	669K	58K
Other Non Current Liabilities	-	-1K	-	-1K	-
Total Liabilities	56.15M	69.62M	48.45M	28.92M	26.08M
Common Stock, Total	2.1M	12.57M	82.71M	82.71M	113M
Additional Paid In Capital	-	-	93.07M	93.07M	251M
Retained Earnings	-	5.74M	12.12M	25.41M	38.35M
Comprehensive Income and Other	13.23M	899K	899K	56.58M	9.58M
Total Common Equity	15.33M	19.21M	189M	258M	412M
Total Equity	15.33M	19.21M	189M	258M	412M
Total Liabilities And Equity	71.48M	88.82M	237M	287M	438M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	15.71M	15.71M	33.08M	38.48M	45.21M
ECS Total Common Shares Outstanding	15.71M	15.71M	33.08M	33.08M	45.21M
Book Value / Share	0.98	1.22	5.71	7.79	9.11
Tangible Book Value	15.33M	19.21M	189M	258M	412M
Tangible Book Value Per Share	0.98	1.22	5.71	7.79	9.11
Total Debt	17.75M	12.26M	11.3M	11.02M	10.67M
Net Debt	17.47M	11.59M	-46.77M	9.28M	9.99M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	608K	-	-	-
Debt Equivalent Oper. Leases	864K	-	-	-	144K
Account Code - Inventory Valuation	5	5	8	8	3
Inventories - Raw Materials, Total	-	4.21M	2.35M	34.66M	45.74M
Inventories - Finished Goods, Total	-	26.56M	74.34M	163M	277M
Buildings, Total	-	5.32M	4.37M	4.48M	2.46M
Machinery, Total	-	7.27M	47.42M	65.22M	72.33M
Full Time Employees	-	-	68	53	66

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Net Income	184K	4.36M	10.19M	13.41M	12.94M
Depreciation & Amortization - CF	1.07M	863K	5.55M	9.32M	11.09M
Depreciation & Amortization, Total	1.07M	863K	5.55M	9.32M	11.09M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	13K
(Gain) Loss From Sale Of Asset	-	-1.14M	-1.6M	-	-
Other Operating Activities, Total	1.95M	2.76M	2.66M	2.04M	565K
Change In Accounts Receivable	-7.14M	-10.89M	-6.28M	27.91M	-28.92M
Change In Inventories	5.92M	-1.92M	-45.91M	-121M	-125M
Change In Accounts Payable	47.17K	17.37M	-33.59M	-16.1M	669K
Change in Other Net Operating Assets	-200K	-7.84M	11.76M	-8.24M	-2.13M
Cash from Operations	1.83M	3.56M	-57.21M	-92.8M	-131M
Capital Expenditure	-92.7K	-170K	-43.86M	-17.91M	-9.88M
Sale of Property, Plant, and Equipment	-	3.8M	2.15M	-	-
Other Investing Activities, Total	2.2K	1K	-	81K	30K
Cash from Investing	-90.5K	3.63M	-41.7M	-17.83M	-9.85M
Long-Term Debt Issued, Total	102K	-	-	-	-
Total Debt Issued	102K	-	-	-	-
Short Term Debt Repaid, Total	-374K	-3.08M	-286K	-267K	-
Long-Term Debt Repaid, Total	-	-2.42M	-668K	-16K	-354K
Total Debt Repaid	-374K	-5.5M	-954K	-283K	-354K
Issuance of Common Stock	-	-	158M	-	141M
Other Financing Activities, Total	-1.57M	-1.32M	-1.03M	54.59M	-1.21M
Cash from Financing	-1.84M	-6.81M	156M	54.3M	139M
Miscellaneous Cash Flow Adjustments	-1	-	1K	1K	-
Net Change in Cash	-95.95K	382K	57.4M	-56.33M	-1.07M
Supplemental Items
Cash Interest Paid	1.57M	1.32M	1.03M	1.09M	1.21M
Cash Income Tax Paid (Refund)	118K	109K	2.32M	3.74M	6.13M
Levered Free Cash Flow	-2.66M	45.88K	-105M	-115M	-145M
Unlevered Free Cash Flow	-1.68M	870K	-104M	-115M	-144M
Change In Net Working Capital	4M	2.76M	74.43M	118M	157M
Net Debt Issued / Repaid	-272K	-5.5M	-954K	-283K	-354K

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Profitability
Return on Assets	1.88	3.67	5.19	4.63	3.39
Return on Total Capital	4.23	9.18	7.28	5.17	3.55
Return On Equity %	1.21	25.62	9.75	6.01	3.87
Return on Common Equity	1.21	25.62	9.75	6.01	3.87
Margin Analysis
Gross Profit Margin %	30.58	13.24	24.86	19.76	21.16
SG&A Margin	27.49	4.85	4.72	4.08	4.81
EBITDA Margin %	2.62	2.07	6.3	6.65	5.86
EBITA Margin %	1.75	1.75	4.47	4.49	3.74
EBIT Margin %	1.75	1.75	4.47	4.49	3.74
Income From Continuing Operations Margin %	0.15	1.62	3.36	3.1	2.47
Net Income Margin %	0.15	1.62	3.36	3.1	2.47
Net Avail. For Common Margin %	0.15	1.62	3.36	3.1	2.47
Normalized Net Income Margin	0.35	1.06	2.58	2.65	2.2
Levered Free Cash Flow Margin	-2.17	0.02	-34.58	-26.67	-27.58
Unlevered Free Cash Flow Margin	-1.37	0.32	-34.37	-26.51	-27.43
Asset Turnover
Asset Turnover	1.72	3.35	1.86	1.65	1.45
Fixed Assets Turnover	16.17	49.53	13.41	9.44	10.6
Receivables Turnover (Average Receivables)	4.67	7.6	6.91	13.06	15.61
Inventory Turnover (Average Inventory)	2.61	6.58	3.84	2.5	1.58
Short Term Liquidity
Current Ratio	1.4	1.44	5.24	14.01	29.54
Quick Ratio	0.68	0.72	2.83	1.24	3.7
Operating Cash Flow to Current Liabilities	0.04	0.06	-1.54	-5.5	-9.93
Days Sales Outstanding (Average Receivables)	78.23	48.01	52.81	28.01	23.39
Days Outstanding Inventory (Average Inventory)	139.92	55.49	94.94	146.13	230.35
Average Days Payable Outstanding	159.48	69.19	52.14	10.27	3.75
Cash Conversion Cycle (Average Days)	58.67	34.31	95.62	163.88	250
Long Term Solvency
Total Debt/Equity	115.81	63.82	5.99	4.28	2.59
Total Debt / Total Capital	53.66	38.96	5.65	4.1	2.53
LT Debt/Equity	76.94	59.47	5.7	4.17	2.48
Long-Term Debt / Total Capital	35.65	36.3	5.37	3.99	2.41
Total Liabilities / Total Assets	78.56	78.38	20.42	10.09	5.96
EBIT / Interest Expense	1.37	3.57	13.12	17.82	16.27
EBITDA / Interest Expense	2.05	4.22	18.49	26.38	25.47
(EBITDA - Capex) / Interest Expense	2	4.1	-23.97	9.93	17.27
Total Debt / EBITDA	5.51	2.2	0.59	0.38	0.35
Net Debt / EBITDA	5.42	2.08	-2.45	0.32	0.33
Total Debt / (EBITDA - Capex)	5.68	2.27	-0.46	1.02	0.51
Net Debt / (EBITDA - Capex)	5.59	2.15	1.89	0.86	0.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	4.09	119.4	12.46	42.47	21.27
Gross Profit, 1 Yr. Growth %	-26.96	-4.45	104.98	13.23	29.83
EBITDA, 1 Yr. Growth %	-41.49	93	175.04	50.4	6.91
EBITA, 1 Yr. Growth %	-46.21	159.09	122.84	43.22	1.11
EBIT, 1 Yr. Growth %	-46.21	159.09	122.84	43.22	1.11
Earnings From Cont. Operations, 1 Yr. Growth %	-72.71	1.1K	106.23	31.6	-3.54
Net Income, 1 Yr. Growth %	-72.71	1.1K	106.23	31.6	-3.54
Normalized Net Income, 1 Yr. Growth %	4.24	735.71	160.73	46.41	0.79
Diluted EPS Before Extra, 1 Yr. Growth %	-72.73	1.1K	-2.02	-5.81	-32.72
Accounts Receivable, 1 Yr. Growth %	31.41	36.46	15.4	-59.34	151.17
Inventory, 1 Yr. Growth %	-16.63	33.03	93.44	154.27	62.41
Net Property, Plant and Equip., 1 Yr. Growth %	-12.09	-47.27	1.01K	20.71	-2.49
Total Assets, 1 Yr. Growth %	-0.08	24.45	165.46	20.84	52.7
Tangible Book Value, 1 Yr. Growth %	1.22	29.38	831.36	36.53	59.7
Common Equity, 1 Yr. Growth %	1.22	29.38	831.36	36.53	59.71
Cash From Operations, 1 Yr. Growth %	-38.06	-552.86	-3.31K	62.21	40.78
Capital Expenditures, 1 Yr. Growth %	-48.91	82.8	25.7K	-59.16	-44.83
Levered Free Cash Flow, 1 Yr. Growth %	-225.58	-101.61	-10.89K	9.86	25.41
Unlevered Free Cash Flow, 1 Yr. Growth %	-153.85	-146.6	-5.9K	9.89	25.5
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-31.22	50.92	57.45	26.58	31.44
Gross Profit, 2 Yr. CAGR %	-19.41	-16.82	42.39	52.35	21.25
EBITDA, 2 Yr. CAGR %	19.79	21.43	157.3	103.38	26.81
EBITA, 2 Yr. CAGR %	86.64	43.9	173.17	78.65	20.34
EBIT, 2 Yr. CAGR %	86.64	43.9	173.17	78.65	20.34
Earnings From Cont. Operations, 2 Yr. CAGR %	-51.1	3.2K	428.42	64.74	12.67
Net Income, 2 Yr. CAGR %	-51.1	3.2K	428.42	64.74	12.67
Normalized Net Income, 2 Yr. CAGR %	4.62	212.92	378.61	95.38	21.48
Diluted EPS Before Extra, 2 Yr. CAGR %	-51.16	3.21K	317.62	13.5	-20.39
Accounts Receivable, 2 Yr. CAGR %	93.92	33.91	25.49	-31.5	1.06
Inventory, 2 Yr. CAGR %	-4.93	6.56	60.36	121.78	103.22
Net Property, Plant and Equip., 2 Yr. CAGR %	-13.09	-31.92	141.77	265.81	8.49
Total Assets, 2 Yr. CAGR %	14.05	11.75	82.32	79.1	35.84
Tangible Book Value, 2 Yr. CAGR %	2.93	15.18	256.62	256.6	47.66
Common Equity, 2 Yr. CAGR %	2.93	15.18	256.62	256.6	47.67
Cash From Operations, 2 Yr. CAGR %	-51.98	9.71	752.61	621.65	51.12
Capital Expenditures, 2 Yr. CAGR %	-85.51	-3.09	2.07K	926.42	-52.53
Levered Free Cash Flow, 2 Yr. CAGR %	-	-82	506.89	988.96	17.38
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-40.07	647.51	698.38	17.43
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	1.15	37.04	52.29	24.78
Gross Profit, 3 Yr. CAGR %	-	-14.95	13.66	31.92	44.44
EBITDA, 3 Yr. CAGR %	-	35.38	71.66	115.13	64.15
EBITA, 3 Yr. CAGR %	-	96.77	81.35	120.27	47.78
EBIT, 3 Yr. CAGR %	-	96.77	81.35	120.27	47.78
Earnings From Cont. Operations, 3 Yr. CAGR %	-	78.21	1.27K	232.46	37.82
Net Income, 3 Yr. CAGR %	-	78.21	1.27K	232.46	37.82
Normalized Net Income, 3 Yr. CAGR %	-	93.59	199.4	222.48	56.7
Diluted EPS Before Extra, 3 Yr. CAGR %	-	62.67	1.07K	184.1	-4.66
Accounts Receivable, 3 Yr. CAGR %	-	72.49	27.43	-13.81	5.63
Inventory, 3 Yr. CAGR %	-	7.17	29.96	87	99.9
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-26.42	72.56	91.8	135.43
Total Assets, 3 Yr. CAGR %	-	17.35	49.42	58.96	69.83
Tangible Book Value, 3 Yr. CAGR %	-	9.9	135.37	158.95	172.83
Common Equity, 3 Yr. CAGR %	-	9.9	135.37	158.95	172.83
Cash From Operations, 3 Yr. CAGR %	-	-23.47	168.34	390.38	318.53
Capital Expenditures, 3 Yr. CAGR %	-	-66.23	523.43	477.48	287.36
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	320.1	243.31	429.8
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	250.51	294.52	330.87
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	10.75	34.77
Gross Profit, 5 Yr. CAGR %	-	-	-	8.13	16.63
EBITDA, 5 Yr. CAGR %	-	-	-	66.51	52.07
EBITA, 5 Yr. CAGR %	-	-	-	99.28	53.91
EBIT, 5 Yr. CAGR %	-	-	-	99.28	53.91
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	77.06	403.46
Net Income, 5 Yr. CAGR %	-	-	-	77.06	403.46
Normalized Net Income, 5 Yr. CAGR %	-	-	-	96.26	108.71
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	52.54	326.54
Accounts Receivable, 5 Yr. CAGR %	-	-	-	19.22	16.15
Inventory, 5 Yr. CAGR %	-	-	-	43.34	55.41
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	39.75	43.33
Total Assets, 5 Yr. CAGR %	-	-	-	39.15	43.83
Tangible Book Value, 5 Yr. CAGR %	-	-	-	77.89	95.33
Common Equity, 5 Yr. CAGR %	-	-	-	77.89	95.33
Cash From Operations, 5 Yr. CAGR %	-	-	-	63.46	113.27
Capital Expenditures, 5 Yr. CAGR %	-	-	-	32.32	122.55
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	152.26
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	126.33