NARMADA MACPLAST DRIP IRRIGATION SYSTEMS LTD.

Income Statement Narmada Macplast Drip Irrigation Systems Ltd.

Stocks

517431

INE060D01028

Construction Supplies & Fixtures

Market Closed - Bombay S.E. 06:02:22 2026-08-19 EDT			5-day change	1st Jan Change
23.60 ^INR	+0.34%		+10.38%	-16.67%

08-14	Narmada Macplast Drip Irrigation Systems Ltd. Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
05-30	Narmada Macplast Drip Irrigation Systems Ltd. Reports Earnings Results for the Full Year Ended March 31, 2026	CI

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Published financial data: NARMADA MACPLAST DRIP IRRIGATION SYSTEMS LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	36.72M	125M	100M	18.13M	69.84M
Total Revenues	36.72M	125M	100M	18.13M	69.84M
Cost of Goods Sold, Total	34.37M	123M	100M	17.12M	59.44M
Gross Profit	2.35M	1.96M	147K	1.01M	10.4M
Selling General & Admin Expenses, Total	893K	948K	1.44M	1.46M	1.7M
Depreciation & Amortization - (IS)	151K	133K	126K	177K	106K
Other Operating Expenses	1.44M	1.16M	-1.48M	-633K	-2.18M
Other Operating Expenses, Total	2.48M	2.24M	92K	1.01M	-372K
Operating Income	-132K	-282K	55K	3K	10.77M
Interest Expense, Total	-158K	-215K	-255K	-277K	-164K
Interest And Investment Income	328K	287K	317K	393K	262K
Net Interest Expenses	170K	72K	62K	116K	98K
Other Non Operating Income (Expenses)	248	273K	-	-	1K
EBT, Excl. Unusual Items	38.08K	63K	117K	119K	10.87M
Gain (Loss) On Sale Of Assets	-	-	-	-	53.78M
EBT, Incl. Unusual Items	38.08K	63K	117K	119K	64.66M
Income Tax Expense	31.1K	-	29K	101K	10.74M
Earnings From Continuing Operations	6.98K	63K	88K	18K	53.92M
Net Income to Company	6.98K	63K	88K	18K	53.92M
Net Income - (IS)	6.98K	63K	88K	18K	53.92M
Net Income to Common Incl Extra Items	6.98K	63K	88K	18K	53.92M
Net Income to Common Excl. Extra Items	6.98K	63K	88K	18K	53.92M
Per Share Items
Net EPS - Basic	0	0	0	0	1.49
Basic EPS - Continuing Operations	0	0	0	0	1.49
Basic Weighted Average Shares Outstanding	36.23M	36.23M	36.23M	36.23M	36.23M
Net EPS - Diluted	0	0	0	0	1.49
Diluted EPS - Continuing Operations	0	0	0	0	1.49
Diluted Weighted Average Shares Outstanding	36.23M	36.23M	36.23M	36.23M	36.23M
Normalized Basic EPS	0	0	0	0	0.19
Normalized Diluted EPS	0	0	0	0	0.19
Supplemental Items
EBITDA	18.71K	-149K	181K	180K	10.88M
EBITA	-132K	-282K	55K	3K	10.77M
EBIT	-132K	-282K	55K	3K	10.77M
EBITDAR	-	-	-	-	11.02M
Total Revenues (As Reported)	37.05M	125M	103M	20.35M	128M
Effective Tax Rate - (Ratio)	81.67	-	24.79	84.87	16.61
Total Current Taxes	31.1K	-	29K	101K	10.74M
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	23.8K	39.38K	73.12K	74.38K	6.79M
Supplemental Operating Expense Items
Advertising Expense	-	68K	45K	28K	38K
Selling and Marketing Expenses	-	68K	45K	28K	38K
Net Rental Expense, Total	-	-	-	-	140K
Maintenance & Repair Expenses, Total	-	4K	-	15K	11K

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2.29M	2.73M	2.98M	-309K	4.01M
Total Cash And Short Term Investments	2.29M	2.73M	2.98M	-309K	4.01M
Accounts Receivable, Total	36.54M	40.7M	11.06M	13.77M	29.01M
Total Receivables	36.54M	40.7M	11.06M	13.77M	29.01M
Inventory	-	-	-	-	-
Other Current Assets, Total	748K	611K	668K	221K	993K
Total Current Assets	39.57M	44.05M	14.71M	13.69M	34.01M
Gross Property Plant And Equipment	25.92M	25.92M	26.82M	28.07M	22.32M
Accumulated Depreciation	-23.07M	-23.2M	-23.33M	-23.51M	-22.14M
Net Property Plant And Equipment	2.85M	2.72M	3.5M	4.56M	170K
Long-term Investments	8.25M	5.86M	3.34M	3.68M	73K
Loans Receivable Long-Term	-	-	9.27M	9.55M	54.17M
Deferred Tax Assets Long-Term	48.4K	-	-	-	-
Other Long-Term Assets, Total	6.95M	9.52M	3.02M	3.02M	8K
Total Assets	57.68M	62.14M	33.82M	34.49M	88.44M
Liabilities
Accounts Payable, Total	29.79M	33.81M	5.11M	4.49M	236K
Accrued Expenses, Total	186K	162K	663K	142K	102K
Short-term Borrowings	-	-	-	-	-
Current Income Taxes Payable	231K	32K	42K	101K	10.82M
Other Current Liabilities	905K	740K	310K	306K	18K
Total Current Liabilities	31.11M	34.74M	6.12M	5.04M	11.18M
Long-Term Debt	3.51M	4.28M	4.31M	6.11M	-
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	34.61M	39.02M	10.43M	11.14M	11.18M
Common Stock, Total	36.23M	36.23M	36.23M	36.23M	36.23M
Retained Earnings	-13.17M	-13.11M	-12.84M	-12.88M	41.03M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	23.06M	23.12M	23.39M	23.35M	77.26M
Total Equity	23.06M	23.12M	23.39M	23.35M	77.26M
Total Liabilities And Equity	57.68M	62.14M	33.82M	34.49M	88.44M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	36.23M	36.23M	36.23M	36.23M	36.23M
ECS Total Common Shares Outstanding	36.23M	36.23M	36.23M	36.23M	36.23M
Book Value / Share	0.64	0.64	0.65	0.64	2.13
Tangible Book Value	23.06M	23.12M	23.39M	23.35M	77.26M
Tangible Book Value Per Share	0.64	0.64	0.65	0.64	2.13
Total Debt	3.51M	4.28M	4.31M	6.11M	0
Net Debt	1.22M	1.55M	1.33M	6.42M	-4.01M
Debt Equivalent Oper. Leases	-	-	-	-	1.12M
Account Code - Inventory Valuation	3	3	3	6	6
Inventories - Finished Goods, Total	-	-	-	-	-
Land - (BS)	1.04M	1.04M	1.04M	1.04M	-
Buildings, Total	8.03M	8.03M	8.93M	9.45M	6.91M
Machinery, Total	16.85M	16.85M	16.85M	16.88M	15.41M
Full Time Employees	4	4	4	6	6

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	6.98K	63K	88K	18K	53.92M
Depreciation & Amortization - CF	151K	133K	126K	177K	106K
Depreciation & Amortization, Total	151K	133K	126K	177K	106K
(Gain) Loss From Sale Of Asset	-	-	-	-	-53.78M
Other Operating Activities, Total	0	48K	177K	-31K	10.63M
Change In Accounts Receivable	-	-	-	-2.72M	-15.24M
Change In Accounts Payable	-	-	-	-989K	-4.25M
Change in Other Net Operating Assets	-97.48K	-399K	971K	0	-45.52M
Cash from Operations	60.27K	-155K	1.36M	-3.54M	-54.14M
Capital Expenditure	-129K	-	-903K	-1.25M	-1.13M
Sale of Property, Plant, and Equipment	-	-	-	-	59.2M
Investment in Marketable and Equity Securities, Total	-	2.4M	-278K	-340K	6.4M
Other Investing Activities, Total	-	-	-	378K	253K
Cash from Investing	-129K	2.4M	-1.18M	-1.21M	64.72M
Long-Term Debt Issued, Total	-	-	-	1.8M	-
Total Debt Issued	-	-	-	1.8M	-
Long-Term Debt Repaid, Total	-1.98M	-	-	-	-6.11M
Total Debt Repaid	-1.98M	-	-	-	-6.11M
Issuance of Common Stock	-	-	-	-	-
Other Financing Activities, Total	44.94K	-1.8M	69K	-340K	-161K
Cash from Financing	-1.94M	-1.8M	69K	1.46M	-6.27M
Miscellaneous Cash Flow Adjustments	3.88M	-	-	-	-
Net Change in Cash	1.87M	445K	250K	-3.29M	4.32M
Supplemental Items
Cash Interest Paid	-	-	-	275K	161K
Cash Income Tax Paid (Refund)	31.1K	-	32K	29K	18K
Levered Free Cash Flow	-115K	-576K	66K	-4.59M	-4.26M
Unlevered Free Cash Flow	-15.62K	-441K	225K	-4.42M	-4.16M
Change In Net Working Capital	-44.85K	398K	-968K	3.35M	9.87M
Net Debt Issued / Repaid	-1.98M	-	-	1.8M	-6.11M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-0.2	-0.29	0.07	0.01	10.95
Return on Total Capital	-0.32	-0.65	0.12	0.01	12.62
Return On Equity %	0.03	0.27	0.38	0.08	107.19
Return on Common Equity	0.03	0.27	0.38	0.08	107.19
Margin Analysis
Gross Profit Margin %	6.4	1.57	0.15	5.58	14.89
SG&A Margin	2.43	0.76	1.44	8.08	2.43
EBITDA Margin %	0.05	-0.12	0.18	0.99	15.58
EBITA Margin %	-0.36	-0.23	0.05	0.02	15.42
EBIT Margin %	-0.36	-0.23	0.05	0.02	15.42
Income From Continuing Operations Margin %	0.02	0.05	0.09	0.1	77.2
Net Income Margin %	0.02	0.05	0.09	0.1	77.2
Net Avail. For Common Margin %	0.02	0.05	0.09	0.1	77.2
Normalized Net Income Margin	0.06	0.03	0.07	0.41	9.73
Levered Free Cash Flow Margin	-0.31	-0.46	0.07	-25.34	-6.11
Unlevered Free Cash Flow Margin	-0.04	-0.35	0.22	-24.38	-5.96
Asset Turnover
Asset Turnover	0.88	2.08	2.09	0.53	1.14
Fixed Assets Turnover	12.55	44.75	32.26	4.5	29.51
Receivables Turnover (Average Receivables)	1.7	3.23	3.87	1.46	3.26
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	1.27	1.27	2.4	2.72	3.04
Quick Ratio	1.25	1.25	2.29	2.67	2.95
Operating Cash Flow to Current Liabilities	0	-0	0.22	-0.7	-4.84
Days Sales Outstanding (Average Receivables)	214.63	113.12	94.26	250.7	111.81
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	158.2	94.62	70.96	106.52	14.5
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	15.2	18.51	18.42	26.16	-
Total Debt / Total Capital	13.2	15.62	15.56	20.73	-
LT Debt/Equity	15.2	18.51	18.42	26.16	-
Long-Term Debt / Total Capital	13.2	15.62	15.56	20.73	-
Total Liabilities / Total Assets	60.02	62.79	30.84	32.31	12.64
EBIT / Interest Expense	-0.83	-1.31	0.22	0.01	65.68
EBITDA / Interest Expense	0.12	-0.69	0.71	0.65	66.33
(EBITDA - Capex) / Interest Expense	-0.69	-0.69	-2.83	-3.85	59.45
Total Debt / EBITDA	187.38	-28.72	23.81	33.93	-
Net Debt / EBITDA	65.25	-10.39	7.34	35.64	-0.37
Total Debt / (EBITDA - Capex)	-31.88	-28.72	-5.97	-5.73	-
Net Debt / (EBITDA - Capex)	-11.1	-10.39	-1.84	-6.02	-0.41
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-7.59	239.36	-19.58	-81.91	285.28
Gross Profit, 1 Yr. Growth %	-53.63	-16.51	-92.51	660.15	928.68
EBITDA, 1 Yr. Growth %	-113	-884.21	47.15	-2.17	5.94K
EBITA, 1 Yr. Growth %	-58.19	113.64	-650	-94.83	359K
EBIT, 1 Yr. Growth %	-58.19	113.64	-650	-94.83	359K
Earnings From Cont. Operations, 1 Yr. Growth %	-69.08	800	39.68	-79.55	299K
Net Income, 1 Yr. Growth %	-69.08	800	39.68	-79.55	299K
Normalized Net Income, 1 Yr. Growth %	26.62	65.79	85.71	1.71	9.04K
Diluted EPS Before Extra, 1 Yr. Growth %	-69.18	800.52	39.7	-75.2	300K
Accounts Receivable, 1 Yr. Growth %	449.6	11.41	-72.83	24.55	110.64
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-5.02	-4.67	28.59	30.59	-96.28
Total Assets, 1 Yr. Growth %	121.79	7.75	-45.57	1.97	156.42
Tangible Book Value, 1 Yr. Growth %	0.03	0.27	1.16	-0.2	230.93
Common Equity, 1 Yr. Growth %	0.03	0.27	1.16	-0.2	230.93
Cash From Operations, 1 Yr. Growth %	-104.63	-358.33	-984.42	-76.29	1.42K
Capital Expenditures, 1 Yr. Growth %	268.78	-	-	-65.59	-9.39
Levered Free Cash Flow, 1 Yr. Growth %	-93.43	406.01	-116.23	73.2	-7.15
Unlevered Free Cash Flow, 1 Yr. Growth %	-99.08	2.84K	-182.78	77.46	-5.83
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-35.92	77.09	65.21	-61.86	-16.52
Gross Profit, 2 Yr. CAGR %	-23.01	-37.77	-74.99	-28.22	784.28
EBITDA, 2 Yr. CAGR %	-83.17	1.75	208.65	20.97	668.89
EBITA, 2 Yr. CAGR %	-47.05	-5.51	-35.45	-45.23	1.26K
EBIT, 2 Yr. CAGR %	-47.05	-5.51	-35.45	-45.23	1.26K
Earnings From Cont. Operations, 2 Yr. CAGR %	-89.95	67.06	254.56	-46.55	2.38K
Net Income, 2 Yr. CAGR %	-89.95	67.06	254.56	-46.55	2.38K
Normalized Net Income, 2 Yr. CAGR %	-79.41	44.74	75.47	37.44	863.92
Diluted EPS Before Extra, 2 Yr. CAGR %	-89.96	67.02	254.69	-46.58	2.63K
Accounts Receivable, 2 Yr. CAGR %	48.16	147.44	-44.98	-41.83	61.97
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-4.7	-4.85	10.72	29.58	-77.95
Total Assets, 2 Yr. CAGR %	21.07	54.59	-23.42	-25.5	61.7
Tangible Book Value, 2 Yr. CAGR %	0.06	0.15	0.72	0.48	81.73
Common Equity, 2 Yr. CAGR %	0.06	0.15	0.72	0.48	81.73
Cash From Operations, 2 Yr. CAGR %	-59.81	-65.47	376.45	379.45	90.43
Capital Expenditures, 2 Yr. CAGR %	-41	-	164.58	-	-44.16
Levered Free Cash Flow, 2 Yr. CAGR %	-76.28	-42.54	-23.83	236.1	26.8
Unlevered Free Cash Flow, 2 Yr. CAGR %	-91.26	-49.02	287.53	302.93	29.26
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	101.04	11.69	36.12	-20.97	-17.55
Gross Profit, 3 Yr. CAGR %	-19.54	-20.89	-69.27	-24.51	74.36
EBITDA, 3 Yr. CAGR %	-71.14	-39.14	7.94	111.6	345.53
EBITA, 3 Yr. CAGR %	-38.49	-15.71	-44.16	-71.67	925.1
EBIT, 3 Yr. CAGR %	-38.49	-15.71	-44.16	-71.67	925.1
Earnings From Cont. Operations, 3 Yr. CAGR %	-75.86	-54.98	57.39	37	849.43
Net Income, 3 Yr. CAGR %	-75.86	-54.98	57.39	37	849.43
Normalized Net Income, 3 Yr. CAGR %	-65.23	-58.77	57.28	46.3	456.73
Diluted EPS Before Extra, 3 Yr. CAGR %	-75.89	-54.99	57.37	36.98	849.55
Accounts Receivable, 3 Yr. CAGR %	66.51	34.73	18.49	-27.76	-10.67
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-5.03	-4.69	5.2	16.98	-60.31
Total Assets, 3 Yr. CAGR %	22.97	16.46	9.16	-15.75	12.48
Tangible Book Value, 3 Yr. CAGR %	0.76	0.13	0.49	0.41	49.5
Common Equity, 3 Yr. CAGR %	0.76	0.13	0.49	0.41	49.5
Cash From Operations, 3 Yr. CAGR %	-72.03	-25.38	1.56	289.3	605.78
Capital Expenditures, 3 Yr. CAGR %	-58.11	-	195.77	112.97	-
Levered Free Cash Flow, 3 Yr. CAGR %	-78.06	-34.37	-66.42	243.07	118.88
Unlevered Free Cash Flow, 3 Yr. CAGR %	-88.69	-40	-48.99	565.34	148.18
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	58.07	15.94	85.86	-27.33	11.94
Gross Profit, 5 Yr. CAGR %	0.32	-24.26	-49.58	-23.91	15.47
EBITDA, 5 Yr. CAGR %	-48.1	-37.99	-25.3	-22.91	137.51
EBITA, 5 Yr. CAGR %	-11.54	-27.49	-37.3	-63.62	102.56
EBIT, 5 Yr. CAGR %	-11.54	-27.49	-37.3	-63.62	102.56
Earnings From Cont. Operations, 5 Yr. CAGR %	-56.73	-47.32	-29.24	-51.78	373.84
Net Income, 5 Yr. CAGR %	-56.73	-47.32	-29.24	-51.78	373.84
Normalized Net Income, 5 Yr. CAGR %	-42.34	-47.93	-33.59	-33.26	224.8
Diluted EPS Before Extra, 5 Yr. CAGR %	-57.45	-48.07	-29.25	-51.8	373.83
Accounts Receivable, 5 Yr. CAGR %	42.92	45.93	6.92	-3.72	34.27
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-2.97	-2.87	0.98	7.77	-43.69
Total Assets, 5 Yr. CAGR %	10.09	11.16	1.75	-2.6	27.74
Tangible Book Value, 5 Yr. CAGR %	3.86	0.96	0.74	0.27	27.36
Common Equity, 5 Yr. CAGR %	3.86	0.96	0.74	0.27	27.36
Cash From Operations, 5 Yr. CAGR %	-42.29	-31.32	-13.14	56.84	110.81
Capital Expenditures, 5 Yr. CAGR %	-21.01	-	-12.4	27.51	100.44
Levered Free Cash Flow, 5 Yr. CAGR %	-63.18	-50.26	-63.95	17.67	19.59
Unlevered Free Cash Flow, 5 Yr. CAGR %	-75.28	-52.88	-53.88	16.69	19.64