Income Statement Pratham EPC Projects Limited

Stocks

PRATHAM

INE0QA601016

Construction & Engineering

Market Closed - NSE India S.E. Other stock markets 07:05:09 2026-06-19 EDT			5-day change	1st Jan Change
109.00 ^INR	-4.39%		-7.04%	-26.28%

05-29	Pratham EPC Projects Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
11-13	Pratham EPC Projects Limited Reports Earnings Results for the Half Year Ended September 30, 2025	CI

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Published financial data: PRATHAM EPC PROJECTS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025
Revenues	505M	502M	696M	1.19B
Total Revenues	505M	502M	696M	1.19B
Cost of Goods Sold, Total	266M	230M	195M	611M
Gross Profit	239M	272M	501M	578M
Selling General & Admin Expenses, Total	87.41M	86.64M	234M	258M
Depreciation & Amortization - (IS)	6.93M	9.15M	12.31M	15.71M
Other Operating Expenses	81.43M	70.38M	102M	113M
Other Operating Expenses, Total	176M	166M	349M	387M
Operating Income	62.86M	106M	152M	190M
Interest Expense, Total	-1.65M	-6.29M	-16.49M	-7.19M
Interest And Investment Income	788K	3.64M	1.64M	6.15M
Net Interest Expenses	-861K	-2.65M	-14.85M	-1.04M
Income (Loss) On Equity Invest.	18K	133K	43K	-
Currency Exchange Gains (Loss)	41K	538K	-393K	-2.22M
Other Non Operating Income (Expenses)	-3.1M	-1.9M	-5.35M	-4.98M
EBT, Excl. Unusual Items	58.95M	102M	132M	182M
Gain (Loss) On Sale Of Investments	-	351K	2.89M	3.33M
Gain (Loss) On Sale Of Assets	-	-148K	-	145K
EBT, Incl. Unusual Items	58.95M	102M	134M	186M
Income Tax Expense	14.8M	25.29M	34.74M	48.52M
Earnings From Continuing Operations	44.15M	76.55M	99.71M	137M
Net Income to Company	44.15M	76.55M	99.71M	137M
Minority Interest	-	-	386K	556K
Net Income - (IS)	44.15M	76.55M	100M	138M
Net Income to Common Incl Extra Items	44.15M	76.55M	100M	138M
Net Income to Common Excl. Extra Items	44.15M	76.55M	100M	138M
Per Share Items
Net EPS - Basic	3.41	5.91	7.56	7.75
Basic EPS - Continuing Operations	3.41	5.91	7.56	7.75
Basic Weighted Average Shares Outstanding	12.96M	12.96M	13.24M	17.76M
Net EPS - Diluted	3.41	5.91	7.56	7.75
Diluted EPS - Continuing Operations	3.41	5.91	7.56	7.75
Diluted Weighted Average Shares Outstanding	12.96M	12.96M	13.24M	17.76M
Normalized Basic EPS	2.84	4.9	6.24	6.44
Normalized Diluted EPS	2.84	4.9	6.24	6.44
Supplemental Items
EBITDA	69.5M	114M	164M	206M
EBITA	62.86M	106M	153M	190M
EBIT	62.86M	106M	152M	190M
EBITDAR	99.49M	132M	258M	302M
Total Revenues (As Reported)	506M	517M	719M	1.23B
Effective Tax Rate - (Ratio)	25.11	24.83	25.84	26.15
Total Current Taxes	14.54M	24.76M	35.17M	48M
Total Deferred Taxes	260K	535K	415K	525K
Normalized Net Income	36.84M	63.52M	82.61M	114M
Non-Cash Pension Expense	269K	236K	903K	141K
Supplemental Operating Expense Items
Net Rental Expense, Total	29.99M	17.26M	93.34M	96.38M
Imputed Operating Lease Interest Expense	-	10.43M	134M	68.71M
Imputed Operating Lease Depreciation	-	6.83M	-40.39M	27.68M
Maintenance & Repair Expenses, Total	3.69M	1.92M	1.35M	3.22M

Fiscal Period: March	2022	2023	2024	2025
Assets
Cash And Equivalents	56.08M	3.08M	180M	52.21M
Short Term Investments	43.9M	36.9M	-	46.39M
Total Cash And Short Term Investments	99.98M	39.98M	180M	98.6M
Accounts Receivable, Total	61.58M	163M	161M	307M
Other Receivables	783K	2.94M	1.58M	3.34M
Notes Receivable	6.28M	6.79M	-	9.42M
Total Receivables	68.64M	173M	163M	320M
Inventory	20.25M	75.3M	249M	370M
Prepaid Expenses	735K	1.67M	3.21M	2.68M
Other Current Assets, Total	14.52M	27.39M	55.67M	72.29M
Total Current Assets	204M	317M	651M	863M
Gross Property Plant And Equipment	75.76M	110M	158M	-
Accumulated Depreciation	-21.8M	-27.59M	-40.55M	-
Net Property Plant And Equipment	53.96M	82M	118M	164M
Long-term Investments	768K	3.9M	3M	14.88M
Other Intangibles, Total	783K	498K	4.09M	3.86M
Other Long-Term Assets, Total	25.4M	83.18M	19.41M	11.4M
Total Assets	285M	487M	795M	1.06B
Liabilities
Accounts Payable, Total	124M	119M	80.15M	75.3M
Accrued Expenses, Total	20.09M	23.22M	-	79.67M
Short-term Borrowings	-	72.22M	-	66.43M
Current Portion of Long-Term Debt	4.93M	28.87M	10.61M	10.72M
Current Income Taxes Payable	3.88M	14.75M	-	9.45M
Other Current Liabilities	6.98M	5.28M	59.16M	639K
Total Current Liabilities	160M	263M	150M	242M
Long-Term Debt	19.69M	40.79M	31.67M	41.92M
Pension & Other Post Retirement Benefits	767K	978K	1.8M	-
Deferred Tax Liability Non Current	716K	1.25M	2.16M	1.9M
Other Non Current Liabilities	501K	671K	672K	25.77M
Total Liabilities	182M	307M	186M	312M
Common Stock, Total	8.1M	8.1M	178M	178M
Additional Paid In Capital	-	-	280M	280M
Retained Earnings	95.29M	172M	150M	288M
Comprehensive Income and Other	-	-	47K	151K
Total Common Equity	103M	180M	608M	746M
Minority Interest	-	-	556K	-
Total Equity	103M	180M	609M	746M
Total Liabilities And Equity	285M	487M	795M	1.06B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12.96M	12.96M	17.76M	17.76M
ECS Total Common Shares Outstanding	12.96M	12.96M	17.76M	17.76M
Book Value / Share	7.98	13.88	34.25	42
Tangible Book Value	103M	179M	604M	742M
Tangible Book Value Per Share	7.92	13.85	34.02	41.78
Total Debt	24.63M	142M	42.28M	119M
Net Debt	-75.35M	102M	-138M	20.48M
Debt Equivalent of Unfunded Proj. Benefit Obligation	824K	1.06M	1.96M	2.92M
Debt Equivalent Oper. Leases	240M	138M	747M	771M
Minority Interest, Total (Incl. Fin. Div)	-	-	556K	-
Account Code - Inventory Valuation	-	6	6	6
Inventories - Work In Process, Total	20.25M	75.3M	249M	370M
Machinery, Total	75.76M	109M	158M	-
Full Time Employees	-	442	393	408

Fiscal Period: March	2022	2023	2024	2025
Net Income	44.15M	76.55M	100M	-
Depreciation & Amortization - CF	6.64M	8.87M	11.81M	-
Amortization of Goodwill and Intangible Assets - (CF)	-	-	499K	-
Depreciation & Amortization, Total	6.64M	8.87M	12.31M	-
Amortization of Deferred Charges, Total - (CF)	308K	4.49M	10K	-
(Gain) Loss From Sale Of Asset	-	148K	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-351K	-2.89M	-
(Income) Loss On Equity Investments - (CF)	-	-	-43K	-
Other Operating Activities, Total	4.35M	4.42M	19.7M	-
Change In Accounts Receivable	40.99M	-106M	3.44M	-
Change In Inventories	-15.86M	-55.04M	-172M	-
Change In Accounts Payable	32.52M	7.28M	-41.25M	-
Change in Other Net Operating Assets	-9.05M	-16.48M	-10.16M	-
Cash from Operations	104M	-76.14M	-90.32M	-
Capital Expenditure	-17.24M	-40.01M	-41.23M	-
Sale of Property, Plant, and Equipment	-	2.95M	-	-
Cash Acquisitions	-	-	-30K	-
Investment in Marketable and Equity Securities, Total	-22.77M	3.87M	25.77M	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-5.24M	5.3M	-	-
Other Investing Activities, Total	-4.66M	-59.09M	2.17M	-
Cash from Investing	-49.9M	-86.99M	-13.32M	-
Short Term Debt Issued, Total	-	96.16M	-	-
Long-Term Debt Issued, Total	9.06M	21.27M	-	-
Total Debt Issued	9.06M	117M	-	-
Short Term Debt Repaid, Total	-4.38M	-	-90.48M	-
Long-Term Debt Repaid, Total	-1.03M	-	-15.77M	-
Total Debt Repaid	-5.41M	-	-106M	-
Issuance of Common Stock	-	-	360M	-
Other Financing Activities, Total	-4.16M	-7.18M	-67.49M	-
Cash from Financing	-518K	110M	186M	-
Miscellaneous Cash Flow Adjustments	-1K	-	-	-
Net Change in Cash	53.63M	-52.89M	82.62M	-
Supplemental Items
Cash Interest Paid	1.5M	5.38M	19.59M	-
Cash Income Tax Paid (Refund)	14.54M	24.76M	34.33M	-
Levered Free Cash Flow	-	-131M	-160M	-
Unlevered Free Cash Flow	-	-127M	-150M	-
Change In Net Working Capital	-	166M	216M	267M
Net Debt Issued / Repaid	3.64M	117M	-106M	-

Fiscal Period: March	2022	2023	2024	2025
Profitability
Return on Assets	-	17.08	14.83	12.84
Return on Total Capital	-	29.32	19.54	15.69
Return On Equity %	-	54.03	25.28	20.23
Return on Common Equity	-	54.03	25.4	20.32
Margin Analysis
Gross Profit Margin %	47.28	54.12	72.02	48.59
SG&A Margin	17.32	17.26	33.7	21.71
EBITDA Margin %	13.77	22.78	23.64	17.33
EBITA Margin %	12.46	21.02	21.94	16.01
EBIT Margin %	12.46	21.02	21.87	16.01
Income From Continuing Operations Margin %	8.75	15.25	14.34	11.53
Net Income Margin %	8.75	15.25	14.39	11.57
Net Avail. For Common Margin %	8.75	15.25	14.39	11.57
Normalized Net Income Margin	7.3	12.65	11.88	9.62
Levered Free Cash Flow Margin	-	-26.03	-23	-
Unlevered Free Cash Flow Margin	-	-25.25	-21.52	-
Asset Turnover
Asset Turnover	-	1.3	1.08	1.28
Fixed Assets Turnover	-	7.39	6.98	8.43
Receivables Turnover (Average Receivables)	-	4.46	4.29	5.08
Inventory Turnover (Average Inventory)	-	4.82	1.2	1.98
Short Term Liquidity
Current Ratio	1.28	1.21	4.34	3.56
Quick Ratio	1.01	0.78	2.29	1.69
Operating Cash Flow to Current Liabilities	0.65	-0.29	-0.6	-
Days Sales Outstanding (Average Receivables)	-	81.78	85.41	71.88
Days Outstanding Inventory (Average Inventory)	-	75.7	304.57	184.68
Average Days Payable Outstanding	-	155.5	99.08	38.72
Cash Conversion Cycle (Average Days)	-	1.98	290.9	217.84
Long Term Solvency
Total Debt/Equity	23.82	78.85	6.94	15.96
Total Debt / Total Capital	19.24	44.09	6.49	13.77
LT Debt/Equity	19.05	22.67	5.2	5.62
Long-Term Debt / Total Capital	15.38	12.67	4.86	4.85
Total Liabilities / Total Assets	63.73	63.06	23.42	29.48
EBIT / Interest Expense	38.12	16.78	9.22	26.48
EBITDA / Interest Expense	42.15	18.19	9.97	28.66
(EBITDA - Capex) / Interest Expense	31.7	11.83	7.47	28.66
Total Debt / EBITDA	0.35	1.24	0.26	0.58
Net Debt / EBITDA	-1.08	0.89	-0.84	0.1
Total Debt / (EBITDA - Capex)	0.47	1.91	0.34	0.58
Net Debt / (EBITDA - Capex)	-1.44	1.37	-1.12	0.1
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-0.52	38.54	70.94
Gross Profit, 1 Yr. Growth %	-	13.85	84.36	15.33
EBITDA, 1 Yr. Growth %	-	64.57	43.39	25.33
EBITA, 1 Yr. Growth %	-	67.86	44.25	24.74
EBIT, 1 Yr. Growth %	-	67.86	44.17	25.14
Earnings From Cont. Operations, 1 Yr. Growth %	-	73.37	30.26	37.46
Net Income, 1 Yr. Growth %	-	73.37	30.77	37.49
Normalized Net Income, 1 Yr. Growth %	-	72.4	30.05	38.45
Diluted EPS Before Extra, 1 Yr. Growth %	-	73.37	28	2.5
Accounts Receivable, 1 Yr. Growth %	-	165.33	-1.34	90.49
Inventory, 1 Yr. Growth %	-	271.8	230.22	48.79
Net Property, Plant and Equip., 1 Yr. Growth %	-	51.98	45.1	39.2
Total Assets, 1 Yr. Growth %	-	70.88	63.25	33.02
Tangible Book Value, 1 Yr. Growth %	-	74.88	238.09	22.8
Common Equity, 1 Yr. Growth %	-	74.03	238.09	22.61
Cash From Operations, 1 Yr. Growth %	-	-173.18	26.62	-
Capital Expenditures, 1 Yr. Growth %	-	132.16	3.04	-
Levered Free Cash Flow, 1 Yr. Growth %	-	-	18.63	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	14.32	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	17.39	53.89
Gross Profit, 2 Yr. CAGR %	-	-	44.88	45.82
EBITDA, 2 Yr. CAGR %	-	-	53.81	34.06
EBITA, 2 Yr. CAGR %	-	-	55.82	34.14
EBIT, 2 Yr. CAGR %	-	-	55.56	34.32
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	50.28	33.81
Net Income, 2 Yr. CAGR %	-	-	50.57	34.09
Normalized Net Income, 2 Yr. CAGR %	-	-	49.74	34.19
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	48.97	14.54
Accounts Receivable, 2 Yr. CAGR %	-	-	61.8	37.09
Inventory, 2 Yr. CAGR %	-	-	250.39	121.66
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	47.85	42.12
Total Assets, 2 Yr. CAGR %	-	-	67.02	47.36
Tangible Book Value, 2 Yr. CAGR %	-	-	142.67	103.76
Common Equity, 2 Yr. CAGR %	-	-	142.57	103.6
Cash From Operations, 2 Yr. CAGR %	-	-	-6.83	-
Capital Expenditures, 2 Yr. CAGR %	-	-	54.66	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	33.06
Gross Profit, 3 Yr. CAGR %	-	-	-	34.27
EBITDA, 3 Yr. CAGR %	-	-	-	43.66
EBITA, 3 Yr. CAGR %	-	-	-	44.68
EBIT, 3 Yr. CAGR %	-	-	-	44.68
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	45.88
Net Income, 3 Yr. CAGR %	-	-	-	46.08
Normalized Net Income, 3 Yr. CAGR %	-	-	-	45.88
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	31.51
Accounts Receivable, 3 Yr. CAGR %	-	-	-	70.85
Inventory, 3 Yr. CAGR %	-	-	-	163.37
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	44.91
Total Assets, 3 Yr. CAGR %	-	-	-	54.82
Tangible Book Value, 3 Yr. CAGR %	-	-	-	93.38
Common Equity, 3 Yr. CAGR %	-	-	-	93.23