Income Statement Net Avenue Technologies Limited

Stocks

CBAZAAR

INE518X01015

Internet Services

Market Closed - NSE India S.E. 07:05:09 2026-08-10 EDT			5-day change	1st Jan Change
5.250 ^INR	-4.55%		-13.22%	+38.16%

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	2021	2022	2023	2024	2025
Revenues	138M	312M	334M	262M	271M
Total Revenues	138M	312M	334M	262M	271M
Cost of Goods Sold, Total	54.34M	86.28M	103M	58.95M	88.66M
Gross Profit	83.66M	226M	232M	203M	182M
Selling General & Admin Expenses, Total	38.15M	90.43M	108M	110M	106M
Provision for Bad Debts	-	-	-	-	986K
Depreciation & Amortization - (IS)	419K	1.03M	1.66M	1.4M	950K
Other Operating Expenses	47.41M	108M	106M	117M	118M
Other Operating Expenses, Total	85.98M	199M	216M	228M	226M
Operating Income	-2.32M	26.73M	15.61M	-25.41M	-43.15M
Interest Expense, Total	-721K	-379K	-709K	-1.75M	-610K
Interest And Investment Income	477K	1.01M	1.02M	1.42M	1.84M
Net Interest Expenses	-244K	629K	314K	-324K	1.23M
Income (Loss) On Equity Invest.	-2K	-2K	-2K	-2K	-2K
Currency Exchange Gains (Loss)	409K	-498K	-1.41M	-	-701K
Other Non Operating Income (Expenses)	1.82M	275K	3.04M	4.79M	976K
EBT, Excl. Unusual Items	-331K	27.13M	17.55M	-20.94M	-41.64M
Gain (Loss) On Sale Of Assets	16K	2K	-	-	-
Other Unusual Items	-	-	-	5.13M	-
EBT, Incl. Unusual Items	-315K	27.13M	17.55M	-15.81M	-41.64M
Income Tax Expense	-2.63M	982K	-94K	-	-
Earnings From Continuing Operations	2.31M	26.15M	17.64M	-15.81M	-41.64M
Net Income to Company	2.31M	26.15M	17.64M	-15.81M	-41.64M
Net Income - (IS)	2.31M	26.15M	17.64M	-15.81M	-41.64M
Net Income to Common Incl Extra Items	2.31M	26.15M	17.64M	-15.81M	-41.64M
Net Income to Common Excl. Extra Items	2.31M	26.15M	17.64M	-15.81M	-41.64M
Per Share Items
Net EPS - Basic	0.28	3.11	2.1	-0.92	-1.94
Basic EPS - Continuing Operations	0.28	3.11	2.1	-0.92	-1.94
Basic Weighted Average Shares Outstanding	8.4M	8.4M	8.4M	17.14M	21.42M
Net EPS - Diluted	0.24	2.77	1.87	-0.92	-1.94
Diluted EPS - Continuing Operations	0.24	2.77	1.87	-0.92	-1.94
Diluted Weighted Average Shares Outstanding	9.45M	9.45M	9.45M	17.18M	21.42M
Normalized Basic EPS	-0.02	2.02	1.31	-0.76	-1.22
Normalized Diluted EPS	-0.02	1.79	1.16	-0.76	-1.22
Supplemental Items
EBITDA	-1.92M	27.28M	17.19M	-24.13M	-42.27M
EBITA	-2.32M	26.73M	15.61M	-25.41M	-43.15M
EBIT	-2.32M	26.73M	15.61M	-25.41M	-43.15M
EBITDAR	144K	29.79M	20.54M	-20.69M	-38.57M
Total Revenues (As Reported)	145M	328M	345M	269M	277M
Effective Tax Rate - (Ratio)	833.65	3.62	-0.54	-	-
Total Current Taxes	-	977K	-	-	-
Total Deferred Taxes	-2.63M	5K	-94K	-	-
Normalized Net Income	-207K	16.96M	10.97M	-13.09M	-26.03M
Non-Cash Pension Expense	319K	172K	43K	560K	455K
Supplemental Operating Expense Items
Advertising Expense	4.9M	31.88M	41.41M	42.75M	53.17M
Marketing Expenses	2.59M	15.17M	14.48M	9.78M	3.32M
Selling and Marketing Expenses	7.5M	47.05M	55.89M	52.52M	56.49M
Net Rental Expense, Total	2.06M	2.51M	3.35M	3.44M	3.7M
Imputed Operating Lease Interest Expense	-	552K	1.05M	2.32M	1.73M
Imputed Operating Lease Depreciation	-	1.96M	2.3M	1.12M	1.97M
Maintenance & Repair Expenses, Total	249K	474K	2.58M	1.28M	802K
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	1.94M
Stock-Based Comp., Other (Total)	1.08M	943K	1.46M	7.06M	-
Total Stock-Based Compensation	1.08M	943K	1.46M	7.06M	1.94M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	13.83M	32.79M	20.75M	32.07M	39.62M
Short Term Investments	-	-	-	52.21M	37.27M
Total Cash And Short Term Investments	13.83M	32.79M	20.75M	84.28M	76.88M
Accounts Receivable, Total	7.14M	5.81M	12.84M	3.73M	3.22M
Other Receivables	256K	634K	115K	-	489K
Total Receivables	7.39M	6.44M	12.96M	3.73M	3.71M
Inventory	26.89M	56.85M	72.27M	55.08M	28.9M
Prepaid Expenses	286K	360K	698K	515K	668K
Other Current Assets, Total	12.73M	15.6M	15.6M	30.23M	12.24M
Total Current Assets	61.13M	112M	122M	174M	122M
Gross Property Plant And Equipment	12.86M	15.03M	17.96M	18.4M	18.58M
Accumulated Depreciation	-11.75M	-12.29M	-13.86M	-15.14M	-16.02M
Net Property Plant And Equipment	1.1M	2.75M	4.1M	3.26M	2.56M
Long-term Investments	48K	46K	44K	41K	39K
Other Intangibles, Total	511K	32K	338K	214K	139K
Loans Receivable Long-Term	-	-	-	3.97M	-
Deferred Tax Assets Long-Term	2.63M	2.62M	2.72M	-	-
Other Long-Term Assets, Total	11.57M	12.05M	12.52M	10.96M	8.96M
Total Assets	76.98M	130M	142M	192M	134M
Liabilities
Accounts Payable, Total	39.6M	54.18M	44.45M	25.67M	24.54M
Accrued Expenses, Total	20.99M	22.13M	17.36M	18.94M	18.71M
Short-term Borrowings	19.11M	8.42M	27.61M	13.84M	7M
Current Income Taxes Payable	-	977K	-	-	-
Unearned Revenue Current, Total	623K	1.36M	785K	397K	3.05M
Other Current Liabilities	14.9M	34.7M	24.82M	25.04M	15.22M
Total Current Liabilities	95.22M	122M	115M	83.89M	68.51M
Pension & Other Post Retirement Benefits	4.41M	3.28M	3.41M	3.62M	3.58M
Other Non Current Liabilities	196K	219K	211K	293K	231K
Total Liabilities	99.82M	125M	119M	87.8M	72.32M
Preferred Stock Convertible	1.01M	1.01M	1.01M	-	-
Total Preferred Equity	1.01M	1.01M	1.01M	-	-
Common Stock, Total	1.2M	1.2M	1.2M	21.42M	21.42M
Additional Paid In Capital	426M	426M	426M	498M	495M
Retained Earnings	-469M	-442M	-424M	-424M	-466M
Comprehensive Income and Other	18.4M	18.07M	19.53M	8.92M	10.7M
Total Common Equity	-23.85M	3.24M	22.34M	104M	61.79M
Total Equity	-22.84M	4.26M	23.35M	104M	61.79M
Total Liabilities And Equity	76.98M	130M	142M	192M	134M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8.4M	8.4M	15.72M	21.42M	21.42M
ECS Total Common Shares Outstanding	8.4M	8.4M	1.2M	21.42M	21.42M
Book Value / Share	-2.84	0.39	18.62	4.88	2.89
Tangible Book Value	-24.36M	3.21M	22M	104M	61.65M
Tangible Book Value Per Share	-2.9	0.38	18.34	4.87	2.88
Total Debt	19.11M	8.42M	27.61M	13.84M	7M
Net Debt	5.28M	-24.37M	6.86M	-70.45M	-69.88M
Debt Equivalent of Unfunded Proj. Benefit Obligation	5.31M	5.35M	5.72M	6.51M	7.05M
Debt Equivalent Oper. Leases	16.52M	20.06M	26.8M	27.53M	29.62M
Equity Method Investments, Total	48K	46K	44K	41K	39K
Account Code - Inventory Valuation	-	-	8	8	8
Inventories - Raw Materials, Total	10.43M	35.12M	25.07M	21.38M	12.58M
Inventories - Work In Process, Total	4.48M	9.01M	10.61M	7.65M	2.26M
Inventories - Finished Goods, Total	22.66M	40.45M	64.8M	48.32M	39.96M
Machinery, Total	12.66M	14.8M	17.74M	18.17M	18.35M
Full Time Employees	-	-	-	86	58

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	2.31M	26.15M	17.64M	-15.81M	-41.64M
Depreciation & Amortization - CF	394K	551K	1.58M	1.28M	875K
Depreciation & Amortization, Total	394K	551K	1.58M	1.28M	875K
Amortization of Deferred Charges, Total - (CF)	25K	479K	84K	124K	75K
(Gain) Loss From Sale Of Asset	-16K	-2K	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-212K	-750K
Stock-Based Compensation (CF)	1.08M	943K	1.46M	7.06M	1.94M
Other Operating Activities, Total	-1.64M	2.91M	5.63M	16.04M	12.01M
Change In Accounts Receivable	9.98M	1.33M	-7.04M	9.11M	-477K
Change In Inventories	-1.07M	-29.96M	-15.42M	5.5M	18.79M
Change In Accounts Payable	-8.53M	14.58M	-9.73M	-27.22M	-6.09M
Change in Other Net Operating Assets	-9.57M	14.71M	-21.94M	-9.89M	12.78M
Cash from Operations	-7.03M	31.68M	-27.75M	-14.02M	-2.48M
Capital Expenditure	-180K	-2.19M	-3.32M	-440K	-195K
Sale of Property, Plant, and Equipment	21K	3K	-	-	13K
Investment in Marketable and Equity Securities, Total	-	-	-	-56.83M	14.09M
Other Investing Activities, Total	477K	527K	554K	1.42M	1.81M
Cash from Investing	318K	-1.66M	-2.77M	-55.84M	15.72M
Short Term Debt Issued, Total	14.01M	-	19.18M	3.42M	1.5M
Total Debt Issued	14.01M	-	19.18M	3.42M	1.5M
Short Term Debt Repaid, Total	-	-10.68M	-	-17.2M	-8.33M
Total Debt Repaid	-	-10.68M	-	-17.2M	-8.33M
Issuance of Common Stock	-	-	-	91.85M	-
Other Financing Activities, Total	-720K	-379K	-709K	-1.75M	-610K
Cash from Financing	13.29M	-11.06M	18.47M	76.32M	-7.44M
Foreign Exchange Rate Adjustments	-	-	-	47K	137K
Miscellaneous Cash Flow Adjustments	-	-	1K	-	-
Net Change in Cash	6.58M	18.96M	-12.04M	6.5M	5.94M
Supplemental Items
Cash Interest Paid	721K	379K	709K	1.75M	610K
Cash Income Tax Paid (Refund)	-	-	977K	-	-352K
Levered Free Cash Flow	-	21.53M	-39.11M	-14.44M	10.84M
Unlevered Free Cash Flow	-	21.77M	-38.66M	-13.35M	11.22M
Change In Net Working Capital	-	-5.28M	48.22M	5.5M	-35.5M
Net Debt Issued / Repaid	14.01M	-10.68M	19.18M	-13.78M	-6.83M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	16.18	7.19	-9.38	-16.5
Return on Total Capital	-	373.24	30.66	-18.98	-28.82
Return On Equity %	-	-281.5	127.78	-25.12	-50.09
Return on Common Equity	-	-253.82	137.89	-25.33	-50.09
Margin Analysis
Gross Profit Margin %	60.63	72.38	69.28	77.49	67.3
SG&A Margin	27.64	28.95	32.29	41.97	38.97
EBITDA Margin %	-1.39	8.73	5.14	-9.21	-15.59
EBITA Margin %	-1.68	8.56	4.67	-9.7	-15.91
EBIT Margin %	-1.68	8.56	4.67	-9.7	-15.91
Income From Continuing Operations Margin %	1.67	8.37	5.28	-6.04	-15.36
Net Income Margin %	1.67	8.37	5.28	-6.04	-15.36
Net Avail. For Common Margin %	1.67	8.37	5.28	-6.04	-15.36
Normalized Net Income Margin	-0.15	5.43	3.28	-5	-9.6
Levered Free Cash Flow Margin	-	6.89	-11.7	-5.52	4
Unlevered Free Cash Flow Margin	-	6.97	-11.56	-5.1	4.14
Asset Turnover
Asset Turnover	-	3.02	2.46	1.55	1.66
Fixed Assets Turnover	-	162.21	97.66	71.18	93.15
Receivables Turnover (Average Receivables)	-	48.26	35.86	31.6	77.97
Inventory Turnover (Average Inventory)	-	2.06	1.59	0.93	2.11
Short Term Liquidity
Current Ratio	0.64	0.92	1.06	2.07	1.79
Quick Ratio	0.22	0.32	0.29	1.05	1.18
Operating Cash Flow to Current Liabilities	-0.07	0.26	-0.24	-0.17	-0.04
Days Sales Outstanding (Average Receivables)	-	7.56	10.18	11.58	4.68
Days Outstanding Inventory (Average Inventory)	-	177.12	229.42	395.33	172.87
Average Days Payable Outstanding	-	147.25	152.37	333.99	147.74
Cash Conversion Cycle (Average Days)	-	37.44	87.23	72.92	29.81
Long Term Solvency
Total Debt/Equity	-83.67	197.89	118.21	13.24	11.34
Total Debt / Total Capital	-512.25	66.43	54.17	11.69	10.18
Total Liabilities / Total Assets	129.66	96.71	83.55	45.66	53.93
EBIT / Interest Expense	-3.21	70.52	22.02	-14.53	-70.73
EBITDA / Interest Expense	-2.66	71.97	24.24	-13.79	-69.3
(EBITDA - Capex) / Interest Expense	-2.91	66.19	19.56	-14.05	-69.62
Total Debt / EBITDA	-9.95	0.31	1.61	-0.57	-0.17
Net Debt / EBITDA	-2.75	-0.89	0.4	2.92	1.65
Total Debt / (EBITDA - Capex)	-9.09	0.34	1.99	-0.56	-0.16
Net Debt / (EBITDA - Capex)	-2.51	-0.97	0.49	2.87	1.65
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	126.33	7.05	-21.68	1.53
Gross Profit, 1 Yr. Growth %	-	170.19	2.47	-5.22	-12.21
EBITDA, 1 Yr. Growth %	-	-1.52K	-36.99	-275.02	123.11
EBITA, 1 Yr. Growth %	-	-1.25K	-41.59	-308.13	113.31
EBIT, 1 Yr. Growth %	-	-1.25K	-41.59	-308.13	113.31
Earnings From Cont. Operations, 1 Yr. Growth %	-	1.03K	-32.55	-188.84	163.35
Net Income, 1 Yr. Growth %	-	1.03K	-32.55	-188.84	163.35
Normalized Net Income, 1 Yr. Growth %	-	-8.3K	-35.33	-217.66	98.84
Diluted EPS Before Extra, 1 Yr. Growth %	-	1.05K	-32.49	-4.71K	110.81
Accounts Receivable, 1 Yr. Growth %	-	-18.65	121.16	-70.94	-13.64
Inventory, 1 Yr. Growth %	-	111.41	27.13	-23.78	-47.53
Net Property, Plant and Equip., 1 Yr. Growth %	-	148.51	49.34	-20.54	-21.3
Total Assets, 1 Yr. Growth %	-	68.25	9.62	31.59	-30.39
Tangible Book Value, 1 Yr. Growth %	-	-113.18	585.02	420.39	-40.88
Common Equity, 1 Yr. Growth %	-	-113.6	588.69	412.8	-40.87
Cash From Operations, 1 Yr. Growth %	-	-550.52	-187.57	83.91	-82.35
Capital Expenditures, 1 Yr. Growth %	-	1.12K	51.44	-86.75	-55.68
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-281.62	-64.88	-196.75
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-277.6	-67.18	-210.98
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	55.65	-8.43	-9.95
Gross Profit, 2 Yr. CAGR %	-	-	66.39	-5.26	-7.68
EBITDA, 2 Yr. CAGR %	-	-	199.12	-5.95	75.11
EBITA, 2 Yr. CAGR %	-	-	159.68	-2.5	88
EBIT, 2 Yr. CAGR %	-	-	159.68	-2.5	88
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	176.28	-22.24	52.96
Net Income, 2 Yr. CAGR %	-	-	176.28	-22.24	52.96
Normalized Net Income, 2 Yr. CAGR %	-	-	628.07	-12.14	52.96
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	179.14	-42.3	886
Accounts Receivable, 2 Yr. CAGR %	-	-	34.14	-19.83	-49.9
Inventory, 2 Yr. CAGR %	-	-	63.94	-1.56	-36.76
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	92.65	8.92	-20.92
Total Assets, 2 Yr. CAGR %	-	-	35.81	21.84	-4.2
Tangible Book Value, 2 Yr. CAGR %	-	-	-4.96	469.77	75.4
Common Equity, 2 Yr. CAGR %	-	-	-3.22	467.54	74.13
Cash From Operations, 2 Yr. CAGR %	-	-	98.63	-33.48	-42.98
Capital Expenditures, 2 Yr. CAGR %	-	-	329.53	-55.21	-75.77
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-18.1	-48.66
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-21.69	-47.48
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	23.8	-4.6
Gross Profit, 3 Yr. CAGR %	-	-	-	34.36	-6.89
EBITDA, 3 Yr. CAGR %	-	-	-	132.45	15.72
EBITA, 3 Yr. CAGR %	-	-	-	122.23	17.31
EBIT, 3 Yr. CAGR %	-	-	-	122.23	17.31
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	89.84	16.77
Net Income, 3 Yr. CAGR %	-	-	-	89.84	16.77
Normalized Net Income, 3 Yr. CAGR %	-	-	-	298.47	15.35
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	56.64	-11.13
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-19.44	-17.82
Inventory, 3 Yr. CAGR %	-	-	-	27	-20.19
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	43.39	-2.26
Total Assets, 3 Yr. CAGR %	-	-	-	35.68	1.17
Tangible Book Value, 3 Yr. CAGR %	-	-	-	62.37	167.74
Common Equity, 3 Yr. CAGR %	-	-	-	63.63	167.06
Cash From Operations, 3 Yr. CAGR %	-	-	-	25.86	-57.23
Capital Expenditures, 3 Yr. CAGR %	-	-	-	34.71	-55.37
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-20.45
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-19.82