Income Statement Polson Limited

Stocks

POLSON6

INE339F01021

Commodity Chemicals

Market Closed - Bombay S.E. 06:02:23 2026-08-18 EDT			5-day change	1st Jan Change
11,901.25 ^INR	-0.82%		+2.10%	+4.31%

08-14	Polson Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
05-29	Polson Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI

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Published financial data: POLSON LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	886M	975M	839M	964M	933M
Other Revenues, Total	12.26M	7.09M	4.73M	-	-
Total Revenues	898M	982M	843M	964M	933M
Cost of Goods Sold, Total	454M	521M	440M	529M	499M
Gross Profit	445M	461M	403M	435M	434M
Selling General & Admin Expenses, Total	65.16M	75.29M	77.39M	83.22M	90.96M
Depreciation & Amortization - (IS)	47.71M	51.33M	55.11M	57.46M	60.56M
Other Operating Expenses	185M	195M	149M	173M	183M
Other Operating Expenses, Total	297M	322M	281M	313M	334M
Operating Income	147M	139M	122M	122M	99.36M
Interest Expense, Total	-52M	-41.89M	-52.27M	-37.03M	-31.8M
Interest And Investment Income	12.79M	932K	217K	772K	853K
Net Interest Expenses	-39.21M	-40.96M	-52.05M	-36.26M	-30.94M
Currency Exchange Gains (Loss)	-11.55M	-9.43M	-12.5M	-8.71M	1.32M
Other Non Operating Income (Expenses)	-5.1M	-2.77M	-3.19M	-3.61M	-4.94M
EBT, Excl. Unusual Items	91.33M	85.73M	54.08M	73.24M	64.81M
Gain (Loss) On Sale Of Investments	-	-	-	-	6.45M
Gain (Loss) On Sale Of Assets	366K	1.09M	12.42M	-	119K
Other Unusual Items	-261K	-	-	-	-
EBT, Incl. Unusual Items	91.43M	86.82M	66.5M	73.24M	71.38M
Income Tax Expense	6.11M	24.53M	18.2M	21.26M	19.07M
Earnings From Continuing Operations	85.32M	62.3M	48.3M	51.97M	52.31M
Net Income to Company	85.32M	62.3M	48.3M	51.97M	52.31M
Net Income - (IS)	85.32M	62.3M	48.3M	51.97M	52.31M
Net Income to Common Incl Extra Items	85.32M	62.3M	48.3M	51.97M	52.31M
Net Income to Common Excl. Extra Items	85.32M	62.3M	48.3M	51.97M	52.31M
Per Share Items
Net EPS - Basic	710.99	519.13	402.46	433.09	435.91
Basic EPS - Continuing Operations	710.99	519.13	402.46	433.09	435.91
Basic Weighted Average Shares Outstanding	120K	120K	120K	120K	120K
Net EPS - Diluted	710.99	519.13	402.46	433.09	435.9
Diluted EPS - Continuing Operations	710.99	519.13	402.46	433.09	435.9
Diluted Weighted Average Shares Outstanding	120K	120K	120K	120K	120K
Normalized Basic EPS	475.66	446.52	281.65	381.44	337.53
Normalized Diluted EPS	475.66	446.52	281.65	381.44	337.53
Supplemental Items
EBITDA	195M	190M	177M	179M	160M
EBITA	147M	139M	122M	122M	99.36M
EBIT	147M	139M	122M	122M	99.36M
Total Revenues (As Reported)	926M	1B	860M	977M	951M
Effective Tax Rate - (Ratio)	6.69	28.25	27.37	29.04	26.72
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	23.84M	21.92M	13.53M	17.54M	15.96M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-17.72M	2.61M	4.67M	3.72M	3.11M
Normalized Net Income	57.08M	53.58M	33.8M	45.77M	40.5M
Interest on Long-Term Debt	41.35M	26.09M	20.11M	19.06M	16.01M
Non-Cash Pension Expense	123K	128K	134K	158K	158K
Supplemental Operating Expense Items
Advertising Expense	8.84M	11.32M	13.38M	14.8M	18M
Selling and Marketing Expenses	8.84M	11.32M	13.38M	14.8M	18M
Research And Development Expense From Footnotes	355K	700K	778K	1.19M	1.01M
Maintenance & Repair Expenses, Total	11.72M	10.6M	11.57M	11.55M	14.94M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	8.74M	35.84M	4.76M	9.25M	11.36M
Short Term Investments	57.56M	13.56M	1.06M	1.06M	1.11M
Total Cash And Short Term Investments	66.3M	49.4M	5.82M	10.31M	12.48M
Accounts Receivable, Total	182M	135M	121M	140M	118M
Other Receivables	7M	5.25M	4.95M	3.08M	3.83M
Notes Receivable	1.17M	3.85M	8.51M	8.66M	11.58M
Total Receivables	191M	144M	134M	152M	134M
Inventory	70.8M	291M	274M	203M	164M
Prepaid Expenses	-	-	1.5M	-	-
Other Current Assets, Total	92.35M	41.52M	35.32M	39.51M	51.23M
Total Current Assets	420M	526M	451M	405M	362M
Gross Property Plant And Equipment	1.37B	1.5B	1.61B	1.65B	1.78B
Accumulated Depreciation	-378M	-418M	-466M	-523M	-581M
Net Property Plant And Equipment	990M	1.08B	1.14B	1.13B	1.2B
Long-term Investments	9.85M	11.47M	11.51M	14.31M	18K
Deferred Charges Long-Term	-	8.89M	6.67M	4.44M	2.22M
Other Long-Term Assets, Total	296M	293M	202M	254M	324M
Total Assets	1.72B	1.92B	1.81B	1.8B	1.89B
Liabilities
Accounts Payable, Total	132M	125M	55.06M	104M	92.73M
Accrued Expenses, Total	2.48M	2.38M	1.94M	1.82M	2.29M
Short-term Borrowings	146M	355M	286M	204M	137M
Current Portion of Long-Term Debt	29.48M	31.16M	33.56M	32.4M	33.4M
Current Income Taxes Payable	-	-	-	159K	-
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	772K	1.75M	13.35M	13.7M	5.19M
Total Current Liabilities	310M	515M	390M	356M	271M
Long-Term Debt	279M	211M	175M	144M	259M
Pension & Other Post Retirement Benefits	1.88M	1.87M	2.17M	2.24M	2.47M
Deferred Tax Liability Non Current	73.51M	76.23M	80.94M	84.76M	87.9M
Other Non Current Liabilities	2.66M	4.28M	-1K	-	1.28M
Total Liabilities	668M	809M	648M	586M	621M
Common Stock, Total	6M	6M	6M	6M	6M
Additional Paid In Capital	2.11M	2.11M	2.11M	2.11M	2.11M
Retained Earnings	1.03B	1.09B	1.14B	1.2B	1.25B
Comprehensive Income and Other	7.26M	8.87M	10.29M	12.62M	9.98M
Total Common Equity	1.05B	1.11B	1.16B	1.22B	1.27B
Total Equity	1.05B	1.11B	1.16B	1.22B	1.27B
Total Liabilities And Equity	1.72B	1.92B	1.81B	1.8B	1.89B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	120K	120K	120K	120K	120K
ECS Total Common Shares Outstanding	120K	120K	120K	120K	120K
Book Value / Share	8.73K	9.27K	9.68K	10.14K	10.55K
Tangible Book Value	1.05B	1.11B	1.16B	1.22B	1.27B
Tangible Book Value Per Share	8.73K	9.27K	9.68K	10.14K	10.55K
Total Debt	455M	597M	494M	380M	429M
Net Debt	388M	548M	488M	370M	417M
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.89M	1.89M	2.19M	2.26M	2.49M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	41.26M	214M	233M	163M	120M
Inventories - Work In Process, Total	4.69M	12.2M	13.58M	13.89M	9.9M
Inventories - Finished Goods, Total	24.84M	64M	27.39M	26.82M	34.07M
Inventories - Others	13K	13K	13K	13K	13K
Land - (BS)	16.3M	16.3M	16.3M	16.3M	8.3M
Buildings, Total	1.06B	1.18B	1.26B	1.38B	1.42B
Machinery, Total	234M	242M	266M	254M	357M
Full Time Employees	55	50	50	50	49

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	85.32M	62.3M	48.3M	51.97M	52.31M
Depreciation & Amortization - CF	47.71M	51.33M	55.11M	57.46M	60.56M
Depreciation & Amortization, Total	47.71M	51.33M	55.11M	57.46M	60.56M
(Gain) Loss From Sale Of Asset	-366K	-1.09M	-	792K	-119K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-6.45M
Provision and Write-off of Bad Debts	37.26M	-	-	-	-
Other Operating Activities, Total	25.16M	42.56M	43.19M	43.99M	34.28M
Change In Accounts Receivable	2.48M	47.12M	14.37M	-18.92M	21.39M
Change In Inventories	33.82M	-220M	16.97M	70.3M	39.4M
Change In Accounts Payable	9.41M	-7.13M	-69.77M	48.75M	-11.08M
Change in Other Net Operating Assets	-16.65M	40.13M	13.56M	-576K	-18.3M
Cash from Operations	224M	15.38M	122M	254M	172M
Capital Expenditure	-92.06M	-141M	-130M	-101M	-212M
Sale of Property, Plant, and Equipment	820K	1.6M	122M	4.1M	8.75M
Investment in Marketable and Equity Securities, Total	104M	44M	12.5M	-	16.4M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	20.39M	6.32M	-5.28M	-286K	-74K
Cash from Investing	33.14M	-89.07M	-703K	-96.93M	-187M
Long-Term Debt Issued, Total	-	143M	-	-	48.8M
Total Debt Issued	-	143M	-	-	48.8M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-198M	-	-101M	-115M	-
Total Debt Repaid	-198M	-	-101M	-115M	-
Other Financing Activities, Total	-52M	-41.89M	-50.69M	-37.58M	-32.07M
Cash from Financing	-250M	101M	-152M	-152M	16.73M
Net Change in Cash	7.23M	27.11M	-31.09M	4.49M	2.12M
Supplemental Items
Cash Interest Paid	52M	41.89M	50.69M	37.58M	32.07M
Cash Income Tax Paid (Refund)	22.98M	23.34M	13.25M	14.76M	16.38M
Levered Free Cash Flow	93.87M	-158M	-58.78M	109M	-82.78M
Unlevered Free Cash Flow	126M	-132M	-26.12M	132M	-62.9M
Change In Net Working Capital	-78.75M	129M	26.93M	-99.56M	-26.11M
Net Debt Issued / Repaid	-198M	143M	-101M	-115M	48.8M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.18	4.78	4.08	4.22	3.37
Return on Total Capital	5.9	5.41	4.52	4.68	3.77
Return On Equity %	8.49	5.77	4.25	4.37	4.21
Return on Common Equity	8.49	5.77	4.25	4.37	4.21
Margin Analysis
Gross Profit Margin %	49.49	46.93	47.77	45.15	46.48
SG&A Margin	7.25	7.66	9.18	8.63	9.75
EBITDA Margin %	21.69	19.36	20.98	18.6	17.14
EBITA Margin %	16.38	14.14	14.44	12.64	10.65
EBIT Margin %	16.38	14.14	14.44	12.64	10.65
Income From Continuing Operations Margin %	9.5	6.34	5.73	5.39	5.61
Net Income Margin %	9.5	6.34	5.73	5.39	5.61
Net Avail. For Common Margin %	9.5	6.34	5.73	5.39	5.61
Normalized Net Income Margin	6.35	5.45	4.01	4.75	4.34
Levered Free Cash Flow Margin	10.45	-16.09	-6.97	11.34	-8.87
Unlevered Free Cash Flow Margin	14.07	-13.43	-3.1	13.74	-6.74
Asset Turnover
Asset Turnover	0.51	0.54	0.45	0.53	0.51
Fixed Assets Turnover	0.93	0.95	0.76	0.86	0.79
Receivables Turnover (Average Receivables)	4.38	6.14	6.54	7.39	7.22
Inventory Turnover (Average Inventory)	5.17	2.89	1.56	2.22	2.72
Short Term Liquidity
Current Ratio	1.35	1.02	1.16	1.14	1.34
Quick Ratio	0.82	0.37	0.34	0.43	0.5
Operating Cash Flow to Current Liabilities	0.72	0.03	0.31	0.71	0.64
Days Sales Outstanding (Average Receivables)	83.34	59.47	55.78	49.52	50.55
Days Outstanding Inventory (Average Inventory)	70.56	126.51	233.8	165.09	134.27
Average Days Payable Outstanding	110.62	63.23	77.52	63.42	78
Cash Conversion Cycle (Average Days)	43.28	122.75	212.06	151.2	106.82
Long Term Solvency
Total Debt/Equity	43.38	53.71	42.54	31.24	33.89
Total Debt / Total Capital	30.26	34.94	29.84	23.8	25.31
LT Debt/Equity	26.66	18.97	15.04	11.81	20.43
Long-Term Debt / Total Capital	18.59	12.34	10.55	9	15.26
Total Liabilities / Total Assets	38.93	42.1	35.79	32.53	32.9
EBIT / Interest Expense	2.83	3.32	2.33	3.29	3.13
EBITDA / Interest Expense	3.75	4.54	3.38	4.84	5.03
(EBITDA - Capex) / Interest Expense	1.98	1.17	0.89	2.12	-1.63
Total Debt / EBITDA	2.33	3.14	2.79	2.12	2.68
Net Debt / EBITDA	1.99	2.88	2.76	2.06	2.6
Total Debt / (EBITDA - Capex)	4.42	12.13	10.63	4.84	-8.29
Net Debt / (EBITDA - Capex)	3.78	11.13	10.5	4.71	-8.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-8.7	9.35	-14.16	14.95	-3.23
Gross Profit, 1 Yr. Growth %	-0.06	3.68	-12.62	9.32	-0.37
EBITDA, 1 Yr. Growth %	-3.02	-2.39	-6.99	1.33	-10.8
EBITA, 1 Yr. Growth %	-5.48	-5.63	-12.3	0.01	-18.44
EBIT, 1 Yr. Growth %	-5.48	-5.63	-12.3	0.01	-18.44
Earnings From Cont. Operations, 1 Yr. Growth %	20.2	-26.99	-22.47	7.61	0.65
Net Income, 1 Yr. Growth %	20.2	-26.99	-22.47	7.61	0.65
Normalized Net Income, 1 Yr. Growth %	-12.51	-6.13	-36.92	35.43	-11.51
Diluted EPS Before Extra, 1 Yr. Growth %	20.2	-26.99	-22.47	7.61	0.65
Accounts Receivable, 1 Yr. Growth %	-17.88	-25.82	-10.62	15.64	-15.29
Inventory, 1 Yr. Growth %	-32.33	310.47	-5.84	-25.69	-19.37
Net Property, Plant and Equip., 1 Yr. Growth %	4.92	9.23	5.35	1.76	2.37
Total Assets, 1 Yr. Growth %	-6.7	11.95	-5.78	-0.37	4.67
Tangible Book Value, 1 Yr. Growth %	8.87	6.13	4.48	4.7	4.09
Common Equity, 1 Yr. Growth %	8.87	6.13	4.48	4.7	4.09
Cash From Operations, 1 Yr. Growth %	-29.36	-93.14	691.51	108.49	-32.23
Capital Expenditures, 1 Yr. Growth %	-20.1	53.15	-7.49	-22.76	110.12
Levered Free Cash Flow, 1 Yr. Growth %	-25.09	-268.42	-62.82	-285.88	-175.75
Unlevered Free Cash Flow, 1 Yr. Growth %	-22.57	-204.39	-80.2	-606.97	-147.5
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-10.41	-0.08	-3.11	-0.94	5.47
Gross Profit, 2 Yr. CAGR %	-4.47	1.79	-4.82	-2.84	4.36
EBITDA, 2 Yr. CAGR %	-8.07	-2.71	-4.72	-2.92	-4.92
EBITA, 2 Yr. CAGR %	-12.08	-5.55	-9.03	-6.35	-9.68
EBIT, 2 Yr. CAGR %	-12.08	-5.55	-9.03	-6.35	-9.68
Earnings From Cont. Operations, 2 Yr. CAGR %	-7.3	-6.32	-24.76	-8.66	4.07
Net Income, 2 Yr. CAGR %	-7.3	-6.32	-24.76	-8.66	4.07
Normalized Net Income, 2 Yr. CAGR %	-10.32	-9.37	-23.05	-7.57	9.47
Diluted EPS Before Extra, 2 Yr. CAGR %	-7.3	-6.32	-24.76	-8.66	4.07
Accounts Receivable, 2 Yr. CAGR %	-16	-21.96	-18.57	1.67	-1.03
Inventory, 2 Yr. CAGR %	-38.39	66.67	96.6	-16.35	-22.6
Net Property, Plant and Equip., 2 Yr. CAGR %	6.72	7.05	7.27	2.02	4.12
Total Assets, 2 Yr. CAGR %	-2.87	2.2	2.7	-3.11	2.12
Tangible Book Value, 2 Yr. CAGR %	7.51	7.49	5.3	4.59	4.4
Common Equity, 2 Yr. CAGR %	7.51	7.49	5.3	4.59	4.4
Cash From Operations, 2 Yr. CAGR %	41.79	-77.99	-26.31	306.23	18.87
Capital Expenditures, 2 Yr. CAGR %	9.78	10.62	19.03	-15.47	27.4
Levered Free Cash Flow, 2 Yr. CAGR %	71.56	12.33	-20.87	-16.87	18.66
Unlevered Free Cash Flow, 2 Yr. CAGR %	258.03	-10.09	-54.54	0.19	55.19
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-5.84	-4.26	-5.01	2.38	-1.71
Gross Profit, 3 Yr. CAGR %	-4.04	-1.83	-3.26	-0.71	-2.03
EBITDA, 3 Yr. CAGR %	-6.65	-6.22	-4.16	-2.74	-5.62
EBITA, 3 Yr. CAGR %	-10.13	-9.98	-7.86	-6.11	-10.56
EBIT, 3 Yr. CAGR %	-10.13	-9.98	-7.86	-6.11	-10.56
Earnings From Cont. Operations, 3 Yr. CAGR %	-7.88	-14.39	-12.05	-15.23	-5.66
Net Income, 3 Yr. CAGR %	-7.88	-14.39	-12.05	-15.23	-5.66
Normalized Net Income, 3 Yr. CAGR %	-10.11	-8.94	-19.68	-7.09	-8.91
Diluted EPS Before Extra, 3 Yr. CAGR %	-7.88	-14.39	-12.05	-15.23	-5.66
Accounts Receivable, 3 Yr. CAGR %	-8.56	-19.41	-18.35	-8.47	-4.33
Inventory, 3 Yr. CAGR %	-25	15.93	37.78	42.15	-17.37
Net Property, Plant and Equip., 3 Yr. CAGR %	2.26	7.55	6.48	4.37	3.51
Total Assets, 3 Yr. CAGR %	-1.56	1.84	-0.53	1.67	-0.58
Tangible Book Value, 3 Yr. CAGR %	9.09	7.05	6.48	5.1	4.42
Common Equity, 3 Yr. CAGR %	9.09	7.05	6.48	5.1	4.42
Cash From Operations, 3 Yr. CAGR %	54.03	-48.33	-27.34	4.23	123.63
Capital Expenditures, 3 Yr. CAGR %	-1.56	22.67	4.22	3.05	14.51
Levered Free Cash Flow, 3 Yr. CAGR %	5.48	70.51	-22.3	5.19	-19.4
Unlevered Free Cash Flow, 3 Yr. CAGR %	44.99	137.41	-45.71	1.57	-21.88
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.91	-2.19	-4.76	-2.94	-1.06
Gross Profit, 5 Yr. CAGR %	1.32	-1.08	-4.35	-2.23	-0.52
EBITDA, 5 Yr. CAGR %	-2.27	-5.48	-5.88	-4.91	-4.47
EBITA, 5 Yr. CAGR %	-4.78	-8.75	-9.69	-8.54	-8.59
EBIT, 5 Yr. CAGR %	-4.78	-8.75	-9.69	-8.54	-8.59
Earnings From Cont. Operations, 5 Yr. CAGR %	-11.98	-9.61	-15.05	-12.14	-5.92
Net Income, 5 Yr. CAGR %	-11.98	-9.61	-15.05	-12.14	-5.92
Normalized Net Income, 5 Yr. CAGR %	-2.5	-9.88	-15.53	-8.4	-9.09
Diluted EPS Before Extra, 5 Yr. CAGR %	-11.98	-9.61	-15.05	-12.14	-5.92
Accounts Receivable, 5 Yr. CAGR %	-6.51	-13.76	-12.71	-11.56	-11.82
Inventory, 5 Yr. CAGR %	18	32.05	10.27	1.74	9.4
Net Property, Plant and Equip., 5 Yr. CAGR %	2.92	5.4	4.23	5.31	4.91
Total Assets, 5 Yr. CAGR %	2.16	3.22	0.12	-0.17	0.52
Tangible Book Value, 5 Yr. CAGR %	11.05	9.8	7.56	6.06	5.64
Common Equity, 5 Yr. CAGR %	11.05	9.8	7.56	6.06	5.64
Cash From Operations, 5 Yr. CAGR %	-8.57	-39.74	14.69	17.88	-11.53
Capital Expenditures, 5 Yr. CAGR %	4.03	37.65	6.21	5.69	12.93
Levered Free Cash Flow, 5 Yr. CAGR %	10	10.56	-5.98	27.93	-7.96
Unlevered Free Cash Flow, 5 Yr. CAGR %	101.61	-0.2	-8.83	68.12	-17.36