Income Statement Net Avenue Technologies Limited

Stocks

CBAZAAR

INE518X01015

Internet Services

Market Closed - NSE India S.E. 07:05:09 2026-09-17 EDT			5-day change	1st Jan Change
4.700 ^INR	+2.17%		+4.44%	+23.68%

05-20	Net Avenue Technologies Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
25-09-05	Net Avenue Technologies Limited Reports Earnings Results for the Full Year Ended March 31, 2025	CI

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Published financial data: NET AVENUE TECHNOLOGIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	312M	334M	262M	271M	251M
Total Revenues	312M	334M	262M	271M	251M
Cost of Goods Sold, Total	86.28M	103M	58.95M	134M	108M
Gross Profit	226M	232M	203M	137M	143M
Selling General & Admin Expenses, Total	90.43M	108M	110M	60.2M	60.16M
Provision for Bad Debts	-	-	-	986K	-
Depreciation & Amortization - (IS)	1.03M	1.66M	1.4M	950K	631K
Other Operating Expenses	108M	106M	117M	118M	115M
Other Operating Expenses, Total	199M	216M	228M	180M	175M
Operating Income	26.73M	15.61M	-25.41M	-43.15M	-32.4M
Interest Expense, Total	-379K	-709K	-1.75M	-610K	-19K
Interest And Investment Income	1.01M	1.02M	1.42M	1.84M	1.8M
Net Interest Expenses	629K	314K	-324K	1.23M	1.78M
Income (Loss) On Equity Invest.	-2K	-2K	-2K	-2K	140K
Currency Exchange Gains (Loss)	-498K	-1.41M	-	-701K	-799K
Other Non Operating Income (Expenses)	275K	3.04M	4.79M	976K	11M
EBT, Excl. Unusual Items	27.13M	17.55M	-20.94M	-41.64M	-20.28M
Gain (Loss) On Sale Of Investments	-	-	-	-	1.83M
Gain (Loss) On Sale Of Assets	2K	-	-	-	-
Other Unusual Items	-	-	5.13M	-	-1.8M
EBT, Incl. Unusual Items	27.13M	17.55M	-15.81M	-41.64M	-20.25M
Income Tax Expense	982K	-94K	-	-	-
Earnings From Continuing Operations	26.15M	17.64M	-15.81M	-41.64M	-20.25M
Net Income to Company	26.15M	17.64M	-15.81M	-41.64M	-20.25M
Net Income - (IS)	26.15M	17.64M	-15.81M	-41.64M	-20.25M
Net Income to Common Incl Extra Items	26.15M	17.64M	-15.81M	-41.64M	-20.25M
Net Income to Common Excl. Extra Items	26.15M	17.64M	-15.81M	-41.64M	-20.25M
Per Share Items
Net EPS - Basic	3.11	2.1	-0.92	-1.94	-0.95
Basic EPS - Continuing Operations	3.11	2.1	-0.92	-1.94	-0.95
Basic Weighted Average Shares Outstanding	8.4M	8.4M	17.14M	21.42M	21.42M
Net EPS - Diluted	2.77	1.87	-0.92	-1.94	-0.95
Diluted EPS - Continuing Operations	2.77	1.87	-0.92	-1.94	-0.95
Diluted Weighted Average Shares Outstanding	9.45M	9.45M	17.18M	21.42M	21.42M
Normalized Basic EPS	2.02	1.31	-0.76	-1.22	-0.59
Normalized Diluted EPS	1.79	1.16	-0.76	-1.22	-0.59
Supplemental Items
EBITDA	27.28M	17.19M	-24.13M	-42.27M	-31.82M
EBITA	26.73M	15.61M	-25.41M	-43.15M	-32.4M
EBIT	26.73M	15.61M	-25.41M	-43.15M	-32.4M
EBITDAR	29.79M	20.54M	-20.69M	-38.57M	-28.17M
Total Revenues (As Reported)	328M	345M	269M	277M	266M
Effective Tax Rate - (Ratio)	3.62	-0.54	-	-	-
Total Current Taxes	977K	-	-	-	-
Total Deferred Taxes	5K	-94K	-	-	-
Normalized Net Income	16.96M	10.97M	-13.09M	-26.03M	-12.68M
Non-Cash Pension Expense	172K	43K	560K	455K	2.16M
Supplemental Operating Expense Items
Advertising Expense	31.88M	41.41M	42.75M	53.17M	56.52M
Marketing Expenses	15.17M	14.48M	9.78M	3.32M	-
Selling and Marketing Expenses	47.05M	55.89M	52.52M	56.49M	56.52M
Net Rental Expense, Total	2.51M	3.35M	3.44M	3.7M	3.64M
Imputed Operating Lease Interest Expense	552K	1.05M	2.32M	1.73M	88.46K
Imputed Operating Lease Depreciation	1.96M	2.3M	1.12M	1.97M	3.55M
Maintenance & Repair Expenses, Total	474K	2.58M	1.28M	802K	763K
Stock-Based Comp., COGS (Total)	-	-	-	1.94M	-1.86M
Stock-Based Comp., Other (Total)	943K	1.46M	7.06M	-	-
Total Stock-Based Compensation	943K	1.46M	7.06M	1.94M	-1.86M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	32.79M	20.75M	32.07M	39.62M	38.15M
Short Term Investments	-	-	52.21M	37.27M	37.38M
Total Cash And Short Term Investments	32.79M	20.75M	84.28M	76.88M	75.53M
Accounts Receivable, Total	5.81M	12.84M	3.73M	3.22M	1.13M
Other Receivables	634K	115K	-	489K	1.53M
Total Receivables	6.44M	12.96M	3.73M	3.71M	2.66M
Inventory	56.85M	72.27M	55.08M	28.9M	18.43M
Prepaid Expenses	360K	698K	515K	668K	625K
Other Current Assets, Total	15.6M	15.6M	30.23M	12.24M	13.65M
Total Current Assets	112M	122M	174M	122M	111M
Gross Property Plant And Equipment	15.03M	17.96M	18.4M	18.58M	18.9M
Accumulated Depreciation	-12.29M	-13.86M	-15.14M	-16.02M	-16.52M
Net Property Plant And Equipment	2.75M	4.1M	3.26M	2.56M	2.38M
Long-term Investments	46K	44K	41K	39K	-
Other Intangibles, Total	32K	338K	214K	139K	93K
Loans Receivable Long-Term	-	-	3.97M	-	-
Deferred Tax Assets Long-Term	2.62M	2.72M	-	-	-
Other Long-Term Assets, Total	12.05M	12.52M	10.96M	8.96M	4.96M
Total Assets	130M	142M	192M	134M	118M
Liabilities
Accounts Payable, Total	54.18M	44.45M	25.67M	24.54M	14.6M
Accrued Expenses, Total	22.13M	17.36M	18.94M	18.71M	30.85M
Short-term Borrowings	8.42M	27.61M	13.84M	7M	5.51M
Current Income Taxes Payable	977K	-	-	-	-
Unearned Revenue Current, Total	1.36M	785K	397K	3.05M	3.2M
Other Current Liabilities	34.7M	24.82M	25.04M	15.22M	19.68M
Total Current Liabilities	122M	115M	83.89M	68.51M	73.83M
Pension & Other Post Retirement Benefits	3.28M	3.41M	3.62M	3.58M	4.59M
Other Non Current Liabilities	219K	211K	293K	231K	233K
Total Liabilities	125M	119M	87.8M	72.32M	78.65M
Preferred Stock Convertible	1.01M	1.01M	-	-	-
Total Preferred Equity	1.01M	1.01M	-	-	-
Common Stock, Total	1.2M	1.2M	21.42M	21.42M	21.42M
Additional Paid In Capital	426M	426M	498M	495M	495M
Retained Earnings	-442M	-424M	-424M	-466M	-486M
Comprehensive Income and Other	18.07M	19.53M	8.92M	10.7M	8.4M
Total Common Equity	3.24M	22.34M	104M	61.79M	39.68M
Total Equity	4.26M	23.35M	104M	61.79M	39.68M
Total Liabilities And Equity	130M	142M	192M	134M	118M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8.4M	15.72M	21.42M	21.42M	21.42M
ECS Total Common Shares Outstanding	8.4M	1.2M	21.42M	21.42M	21.42M
Book Value / Share	0.39	18.62	4.88	2.89	1.85
Tangible Book Value	3.21M	22M	104M	61.65M	39.59M
Tangible Book Value Per Share	0.38	18.34	4.87	2.88	1.85
Total Debt	8.42M	27.61M	13.84M	7M	5.51M
Net Debt	-24.37M	6.86M	-70.45M	-69.88M	-70.02M
Debt Equivalent of Unfunded Proj. Benefit Obligation	5.35M	5.72M	6.51M	7.05M	9.06M
Debt Equivalent Oper. Leases	20.06M	26.8M	27.53M	29.62M	29.13M
Equity Method Investments, Total	46K	44K	41K	39K	-
Account Code - Inventory Valuation	-	8	8	8	8
Inventories - Raw Materials, Total	35.12M	25.07M	21.38M	12.58M	8.21M
Inventories - Work In Process, Total	9.01M	10.61M	7.65M	2.26M	4.1M
Inventories - Finished Goods, Total	40.45M	64.8M	48.32M	39.96M	21.09M
Machinery, Total	14.8M	17.74M	18.17M	18.35M	18.67M
Full Time Employees	-	-	86	58	51

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	26.15M	17.64M	-15.81M	-41.64M	-20.25M
Depreciation & Amortization - CF	551K	1.58M	1.28M	875K	585K
Depreciation & Amortization, Total	551K	1.58M	1.28M	875K	585K
Amortization of Deferred Charges, Total - (CF)	479K	84K	124K	75K	46K
(Gain) Loss From Sale Of Asset	-2K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-212K	-750K	-1.83M
Asset Writedown & Restructuring Costs	-	-	-	-	7K
Stock-Based Compensation (CF)	943K	1.46M	7.06M	1.94M	-1.86M
Provision and Write-off of Bad Debts	-	-	-	-	2.26M
Other Operating Activities, Total	2.91M	5.63M	16.04M	12.01M	-8.79M
Change In Accounts Receivable	1.33M	-7.04M	9.11M	-477K	2.09M
Change In Inventories	-29.96M	-15.42M	5.5M	18.79M	21.4M
Change In Accounts Payable	14.58M	-9.73M	-27.22M	-6.09M	7.78M
Change in Other Net Operating Assets	14.71M	-21.94M	-9.89M	12.78M	-4.74M
Cash from Operations	31.68M	-27.75M	-14.02M	-2.48M	-3.29M
Capital Expenditure	-2.19M	-3.32M	-440K	-195K	-409K
Sale of Property, Plant, and Equipment	3K	-	-	13K	-
Investment in Marketable and Equity Securities, Total	-	-	-56.83M	14.09M	-2.84M
Other Investing Activities, Total	527K	554K	1.42M	1.81M	1.74M
Cash from Investing	-1.66M	-2.77M	-55.84M	15.72M	-1.51M
Short Term Debt Issued, Total	-	19.18M	3.42M	1.5M	-
Total Debt Issued	-	19.18M	3.42M	1.5M	-
Short Term Debt Repaid, Total	-10.68M	-	-17.2M	-8.33M	-1.5M
Total Debt Repaid	-10.68M	-	-17.2M	-8.33M	-1.5M
Issuance of Common Stock	-	-	91.85M	-	-
Other Financing Activities, Total	-379K	-709K	-1.75M	-610K	-124K
Cash from Financing	-11.06M	18.47M	76.32M	-7.44M	-1.62M
Foreign Exchange Rate Adjustments	-	-	47K	137K	215K
Miscellaneous Cash Flow Adjustments	-	1K	-	-	-
Net Change in Cash	18.96M	-12.04M	6.5M	5.94M	-6.21M
Supplemental Items
Cash Interest Paid	379K	709K	1.75M	610K	124K
Cash Income Tax Paid (Refund)	-	977K	-	-352K	-147K
Levered Free Cash Flow	21.53M	-39.11M	-14.44M	10.84M	-4.92M
Unlevered Free Cash Flow	21.77M	-38.66M	-13.35M	11.22M	-4.91M
Change In Net Working Capital	-5.28M	48.22M	5.5M	-35.5M	-16.97M
Net Debt Issued / Repaid	-10.68M	19.18M	-13.78M	-6.83M	-1.5M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	16.18	7.19	-9.38	-16.5	-16.04
Return on Total Capital	373.24	30.66	-18.98	-28.82	-35.53
Return On Equity %	-281.5	127.78	-25.12	-50.09	-39.91
Return on Common Equity	-253.82	137.89	-25.33	-50.09	-39.91
Margin Analysis
Gross Profit Margin %	72.38	69.28	77.49	50.53	57.01
SG&A Margin	28.95	32.29	41.97	22.2	23.98
EBITDA Margin %	8.73	5.14	-9.21	-15.59	-12.68
EBITA Margin %	8.56	4.67	-9.7	-15.91	-12.92
EBIT Margin %	8.56	4.67	-9.7	-15.91	-12.92
Income From Continuing Operations Margin %	8.37	5.28	-6.04	-15.36	-8.07
Net Income Margin %	8.37	5.28	-6.04	-15.36	-8.07
Net Avail. For Common Margin %	8.37	5.28	-6.04	-15.36	-8.07
Normalized Net Income Margin	5.43	3.28	-5	-9.6	-5.05
Levered Free Cash Flow Margin	6.89	-11.7	-5.52	4	-1.96
Unlevered Free Cash Flow Margin	6.97	-11.56	-5.1	4.14	-1.96
Asset Turnover
Asset Turnover	3.02	2.46	1.55	1.66	1.99
Fixed Assets Turnover	162.21	97.66	71.18	93.15	101.44
Receivables Turnover (Average Receivables)	48.26	35.86	31.6	77.97	115.19
Inventory Turnover (Average Inventory)	2.06	1.59	0.93	3.19	4.56
Short Term Liquidity
Current Ratio	0.92	1.06	2.07	1.79	1.5
Quick Ratio	0.32	0.29	1.05	1.18	1.06
Operating Cash Flow to Current Liabilities	0.26	-0.24	-0.17	-0.04	-0.04
Days Sales Outstanding (Average Receivables)	7.56	10.18	11.58	4.68	3.17
Days Outstanding Inventory (Average Inventory)	177.12	229.42	395.33	114.26	80.1
Average Days Payable Outstanding	147.25	152.37	333.99	85.5	73.35
Cash Conversion Cycle (Average Days)	37.44	87.23	72.92	33.43	9.92
Long Term Solvency
Total Debt/Equity	197.89	118.21	13.24	11.34	13.87
Total Debt / Total Capital	66.43	54.17	11.69	10.18	12.18
Total Liabilities / Total Assets	96.71	83.55	45.66	53.93	66.47
EBIT / Interest Expense	70.52	22.02	-14.53	-70.73	-1.71K
EBITDA / Interest Expense	71.97	24.24	-13.79	-69.3	-1.67K
(EBITDA - Capex) / Interest Expense	66.19	19.56	-14.05	-69.62	-1.7K
Total Debt / EBITDA	0.31	1.61	-0.57	-0.17	-0.17
Net Debt / EBITDA	-0.89	0.4	2.92	1.65	2.2
Total Debt / (EBITDA - Capex)	0.34	1.99	-0.56	-0.16	-0.17
Net Debt / (EBITDA - Capex)	-0.97	0.49	2.87	1.65	2.17
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	126.33	7.05	-21.68	1.53	-7.5
Gross Profit, 1 Yr. Growth %	170.19	2.47	-5.22	-10.99	4.36
EBITDA, 1 Yr. Growth %	-1.52K	-36.99	-275.02	123.11	-24.74
EBITA, 1 Yr. Growth %	-1.25K	-41.59	-308.13	113.31	-24.91
EBIT, 1 Yr. Growth %	-1.25K	-41.59	-308.13	113.31	-24.91
Earnings From Cont. Operations, 1 Yr. Growth %	1.03K	-32.55	-188.84	163.35	-51.38
Net Income, 1 Yr. Growth %	1.03K	-32.55	-188.84	163.35	-51.38
Normalized Net Income, 1 Yr. Growth %	-8.3K	-35.33	-217.66	98.84	-52.16
Diluted EPS Before Extra, 1 Yr. Growth %	1.05K	-32.49	-4.71K	110.81	-51.14
Accounts Receivable, 1 Yr. Growth %	-18.65	121.16	-70.94	-13.64	-64.88
Inventory, 1 Yr. Growth %	111.41	27.13	-23.78	-47.53	-36.24
Net Property, Plant and Equip., 1 Yr. Growth %	148.51	49.34	-20.54	-21.3	-7.14
Total Assets, 1 Yr. Growth %	68.25	9.62	31.59	-30.39	-11.76
Tangible Book Value, 1 Yr. Growth %	-113.18	585.02	420.39	-40.88	-35.78
Common Equity, 1 Yr. Growth %	-113.6	588.69	412.8	-40.87	-35.77
Cash From Operations, 1 Yr. Growth %	-550.52	-187.57	83.91	-82.35	32.84
Capital Expenditures, 1 Yr. Growth %	1.12K	51.44	-86.75	-55.68	109.74
Levered Free Cash Flow, 1 Yr. Growth %	-	-281.62	-64.88	-196.75	-145.43
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-277.6	-67.18	-210.98	-143.78
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	55.65	-8.43	-9.95	-3.09
Gross Profit, 2 Yr. CAGR %	-	66.39	-5.26	-20.01	-3.62
EBITDA, 2 Yr. CAGR %	-	199.12	-5.95	75.11	29.59
EBITA, 2 Yr. CAGR %	-	159.68	-2.5	88	26.56
EBIT, 2 Yr. CAGR %	-	159.68	-2.5	88	26.56
Earnings From Cont. Operations, 2 Yr. CAGR %	-	176.28	-22.24	52.96	13.16
Net Income, 2 Yr. CAGR %	-	176.28	-22.24	52.96	13.16
Normalized Net Income, 2 Yr. CAGR %	-	628.07	-12.14	52.96	-1.59
Diluted EPS Before Extra, 2 Yr. CAGR %	-	179.14	-42.3	886	1.49
Accounts Receivable, 2 Yr. CAGR %	-	34.14	-19.83	-49.9	-44.93
Inventory, 2 Yr. CAGR %	-	63.94	-1.56	-36.76	-42.16
Net Property, Plant and Equip., 2 Yr. CAGR %	-	92.65	8.92	-20.92	-14.51
Total Assets, 2 Yr. CAGR %	-	35.81	21.84	-4.2	-21.63
Tangible Book Value, 2 Yr. CAGR %	-	-4.96	469.77	75.4	-38.38
Common Equity, 2 Yr. CAGR %	-	-3.22	467.54	74.13	-38.37
Cash From Operations, 2 Yr. CAGR %	-	98.63	-33.48	-42.98	-51.58
Capital Expenditures, 2 Yr. CAGR %	-	329.53	-55.21	-75.77	-3.59
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-18.1	-48.66	-33.7
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-21.69	-47.48	-30.3
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	23.8	-4.6	-9.14
Gross Profit, 3 Yr. CAGR %	-	-	34.36	-15.37	-12.59
EBITDA, 3 Yr. CAGR %	-	-	132.45	15.72	32.15
EBITA, 3 Yr. CAGR %	-	-	122.23	17.31	38.45
EBIT, 3 Yr. CAGR %	-	-	122.23	17.31	38.45
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	89.84	16.77	4.39
Net Income, 3 Yr. CAGR %	-	-	89.84	16.77	4.39
Normalized Net Income, 3 Yr. CAGR %	-	-	298.47	15.35	4.45
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	56.64	-11.13	262.16
Accounts Receivable, 3 Yr. CAGR %	-	-	-19.44	-17.82	-55.5
Inventory, 3 Yr. CAGR %	-	-	27	-20.19	-36.59
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	43.39	-2.26	-16.57
Total Assets, 3 Yr. CAGR %	-	-	35.68	1.17	-6.79
Tangible Book Value, 3 Yr. CAGR %	-	-	62.37	167.74	25.48
Common Equity, 3 Yr. CAGR %	-	-	63.63	167.06	24.88
Cash From Operations, 3 Yr. CAGR %	-	-	25.86	-57.23	-24.41
Capital Expenditures, 3 Yr. CAGR %	-	-	34.71	-55.37	-50.25
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-20.45	-50.71
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-19.82	-50.57
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	12.69
Gross Profit, 5 Yr. CAGR %	-	-	-	-	11.31
EBITDA, 5 Yr. CAGR %	-	-	-	-	75.32
EBITA, 5 Yr. CAGR %	-	-	-	-	69.51
EBIT, 5 Yr. CAGR %	-	-	-	-	69.51
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	54.35
Net Income, 5 Yr. CAGR %	-	-	-	-	54.35
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	127.75
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	31.67
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-30.81
Inventory, 5 Yr. CAGR %	-	-	-	-	-7.28
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	16.59
Total Assets, 5 Yr. CAGR %	-	-	-	-	8.98
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	10.2
Common Equity, 5 Yr. CAGR %	-	-	-	-	10.72
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	-14.08
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	17.84