Income Statement Swashthik Plascon Limited

Stocks

544035

INE0RDR01012

Non-Paper Containers & Packaging

Market Closed - Bombay S.E. Other stock markets 14:00:56 30/06/2026 +04			5-day change	1st Jan Change
23.00 ^INR	+3.60%		-2.13%	-20.69%

05-23	Swashthik Plascon Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
11-14	Swashthik Plascon Limited Reports Earnings Results for the Half Year Ended September 30, 2025	CI

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Published financial data: SWASHTHIK PLASCON LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2023	2024	2025
Revenues	456M	1.26B	1.44B
Other Revenues, Total	-1K	-	-
Total Revenues	456M	1.26B	1.44B
Cost of Goods Sold, Total	317M	923M	981M
Gross Profit	139M	340M	455M
Selling General & Admin Expenses, Total	36.16M	101M	104M
Depreciation & Amortization - (IS)	9.61M	34.35M	49.89M
Other Operating Expenses	43.57M	143M	151M
Other Operating Expenses, Total	89.34M	279M	305M
Operating Income	50.04M	61.29M	150M
Interest Expense, Total	-10.95M	-37.32M	-60.41M
Interest And Investment Income	347K	230K	776K
Net Interest Expenses	-10.6M	-37.09M	-59.63M
Income (Loss) On Equity Invest.	91K	-	-
Other Non Operating Income (Expenses)	-4.46M	85.66M	1.21M
EBT, Excl. Unusual Items	35.08M	110M	91.87M
EBT, Incl. Unusual Items	35.08M	110M	91.87M
Income Tax Expense	4.86M	34.55M	22.29M
Earnings From Continuing Operations	30.22M	75.31M	69.58M
Net Income to Company	30.22M	75.31M	69.58M
Net Income - (IS)	30.22M	75.31M	69.58M
Net Income to Common Incl Extra Items	30.22M	75.31M	69.58M
Net Income to Common Excl. Extra Items	30.22M	75.31M	69.58M
Per Share Items
Net EPS - Basic	4.99	4.29	3.57
Basic EPS - Continuing Operations	4.99	4.29	3.57
Basic Weighted Average Shares Outstanding	6.06M	17.56M	19.47M
Net EPS - Diluted	4.99	4.29	3.57
Diluted EPS - Continuing Operations	4.99	4.29	3.57
Diluted Weighted Average Shares Outstanding	6.06M	17.56M	19.47M
Normalized Basic EPS	3.62	3.91	2.95
Normalized Diluted EPS	3.62	3.91	2.95
Supplemental Items
EBITDA	59.65M	95.64M	200M
EBITA	50.04M	61.29M	150M
EBIT	50.04M	61.29M	150M
EBITDAR	-	104M	209M
Total Revenues (As Reported)	459M	1.35B	1.44B
Effective Tax Rate - (Ratio)	13.85	31.45	24.26
Total Current Taxes	-	35.57M	17.73M
Total Deferred Taxes	-	-1.03M	7.6M
Normalized Net Income	21.92M	68.66M	57.42M
Non-Cash Pension Expense	719K	723K	1.43M
Supplemental Operating Expense Items
Advertising Expense	-	318K	159K
Selling and Marketing Expenses	-	318K	159K
Net Rental Expense, Total	-	8.78M	8.56M
Imputed Operating Lease Interest Expense	-	4.66M	5.95M
Imputed Operating Lease Depreciation	-	4.12M	2.61M
Maintenance & Repair Expenses, Total	-	9.94M	11.11M

Fiscal Period: March	2023	2024	2025
Assets
Cash And Equivalents	1.42M	915K	23.3M
Short Term Investments	-	-	5.39M
Total Cash And Short Term Investments	1.42M	915K	28.69M
Accounts Receivable, Total	373M	422M	461M
Other Receivables	3.78M	28.85M	19.92M
Notes Receivable	17.27M	3.87M	1.19M
Total Receivables	394M	455M	482M
Inventory	379M	537M	654M
Other Current Assets, Total	13.72M	24.72M	117M
Total Current Assets	788M	1.02B	1.28B
Gross Property Plant And Equipment	522M	-	-
Accumulated Depreciation	-261M	-	-
Net Property Plant And Equipment	261M	404M	550M
Long-term Investments	16.44M	22.39M	16.26M
Goodwill	12.58M	12.58M	12.58M
Other Intangibles, Total	-	457K	399K
Loans Receivable Long-Term	17.7M	25.45M	128M
Deferred Tax Assets Long-Term	1.65M	2.68M	-
Other Long-Term Assets, Total	10.08M	8.08M	9.87M
Total Assets	1.11B	1.49B	2B
Liabilities
Accounts Payable, Total	184M	228M	191M
Accrued Expenses, Total	53.72M	41.99M	32.3M
Short-term Borrowings	285M	4.31M	-
Current Portion of Long-Term Debt	1.75M	-	-
Current Income Taxes Payable	5.57M	32.62M	21.8M
Other Current Liabilities	70.25M	10.53M	37.92M
Total Current Liabilities	600M	318M	283M
Long-Term Debt	301M	532M	855M
Pension & Other Post Retirement Benefits	2.16M	2.36M	3.07M
Deferred Tax Liability Non Current	-	-	4.92M
Other Non Current Liabilities	215K	215K	516K
Total Liabilities	904M	853M	1.15B
Common Stock, Total	128M	176M	195M
Additional Paid In Capital	38.7M	356M	482M
Retained Earnings	36.76M	108M	175M
Total Common Equity	204M	640M	852M
Minority Interest	304K	501K	619K
Total Equity	204M	640M	852M
Total Liabilities And Equity	1.11B	1.49B	2B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12.82M	17.56M	19.47M
ECS Total Common Shares Outstanding	12.82M	17.56M	19.47M
Book Value / Share	15.88	36.42	43.75
Tangible Book Value	191M	627M	839M
Tangible Book Value Per Share	14.9	35.67	43.08
Total Debt	588M	537M	855M
Net Debt	587M	536M	826M
Debt Equivalent Oper. Leases	-	70.27M	68.51M
Minority Interest, Total (Incl. Fin. Div)	304K	501K	619K
Account Code - Inventory Valuation	3	3	3
Land - (BS)	30.97M	-	-
Buildings, Total	20.44M	-	-
Machinery, Total	204M	-	-
Full Time Employees	66	63	66

Fiscal Period: March	2023	2024	2025
Net Income	30.22M	75.31M	69.58M
Depreciation & Amortization - CF	9.61M	34.35M	49.89M
Depreciation & Amortization, Total	9.61M	34.35M	49.89M
(Gain) Loss From Sale Of Asset	-	-	-53K
Other Operating Activities, Total	18.39M	59.28M	64.76M
Change In Accounts Receivable	-11.87M	-48.74M	-39.35M
Change In Inventories	-61.17M	-158M	-117M
Change In Accounts Payable	-4.01M	44.76M	-37.25M
Change in Other Net Operating Assets	55.63M	-103M	-181M
Cash from Operations	36.8M	-96.21M	-191M
Capital Expenditure	-31.51M	-197M	-226M
Sale of Property, Plant, and Equipment	-	18.64M	31.14M
Investment in Marketable and Equity Securities, Total	2.59M	-	-
Other Investing Activities, Total	347K	-2.38M	6.34M
Cash from Investing	-28.57M	-181M	-189M
Short Term Debt Issued, Total	5M	-	-
Long-Term Debt Issued, Total	4.4M	231M	322M
Total Debt Issued	9.4M	231M	322M
Short Term Debt Repaid, Total	-	-282M	-4.31M
Total Debt Repaid	-	-282M	-4.31M
Issuance of Common Stock	-	408M	145M
Other Financing Activities, Total	-17.7M	-80.02M	-60.41M
Cash from Financing	-8.3M	276M	402M
Miscellaneous Cash Flow Adjustments	-	1K	-
Net Change in Cash	-76K	-503K	22.38M
Supplemental Items
Cash Interest Paid	17.7M	37.32M	60.41M
Cash Income Tax Paid (Refund)	3.33M	12.59M	17.16M
Levered Free Cash Flow	-	-376M	-388M
Unlevered Free Cash Flow	-	-353M	-350M
Change In Net Working Capital	-	229M	268M
Net Debt Issued / Repaid	9.4M	-51.3M	318M

Fiscal Period: March	2023	2024	2025
Profitability
Return on Assets	-	2.95	5.38
Return on Total Capital	-	3.89	6.51
Return On Equity %	-	17.84	9.32
Return on Common Equity	-	17.86	9.33
Margin Analysis
Gross Profit Margin %	30.55	26.92	31.7
SG&A Margin	7.93	8.01	7.26
EBITDA Margin %	13.08	7.57	13.94
EBITA Margin %	10.97	4.85	10.47
EBIT Margin %	10.97	4.85	10.47
Income From Continuing Operations Margin %	6.62	5.96	4.85
Net Income Margin %	6.62	5.96	4.85
Net Avail. For Common Margin %	6.62	5.96	4.85
Normalized Net Income Margin	4.81	5.44	4
Levered Free Cash Flow Margin	-	-29.81	-27
Unlevered Free Cash Flow Margin	-	-27.97	-24.37
Asset Turnover
Asset Turnover	-	0.97	0.82
Fixed Assets Turnover	-	3.79	3.01
Receivables Turnover (Average Receivables)	-	3.18	3.25
Inventory Turnover (Average Inventory)	-	2.02	1.65
Short Term Liquidity
Current Ratio	1.31	3.2	4.53
Quick Ratio	0.63	1.42	1.8
Operating Cash Flow to Current Liabilities	0.06	-0.3	-0.68
Days Sales Outstanding (Average Receivables)	-	115.19	112.21
Days Outstanding Inventory (Average Inventory)	-	181.57	221.61
Average Days Payable Outstanding	-	69.8	69.75
Cash Conversion Cycle (Average Days)	-	226.96	264.07
Long Term Solvency
Total Debt/Equity	288.19	83.84	100.27
Total Debt / Total Capital	74.24	45.6	50.07
LT Debt/Equity	147.7	83.16	100.27
Long-Term Debt / Total Capital	38.05	45.24	50.07
Total Liabilities / Total Assets	81.58	57.12	57.36
EBIT / Interest Expense	4.57	1.64	2.49
EBITDA / Interest Expense	5.45	2.56	3.31
(EBITDA - Capex) / Interest Expense	2.57	-2.71	-0.43
Total Debt / EBITDA	9.86	5.61	4.27
Net Debt / EBITDA	9.83	5.6	4.13
Total Debt / (EBITDA - Capex)	20.89	-5.3	-32.85
Net Debt / (EBITDA - Capex)	20.84	-5.3	-31.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	176.81	13.72
Gross Profit, 1 Yr. Growth %	-	154.53	33.9
EBITDA, 1 Yr. Growth %	-	60.33	109.28
EBITA, 1 Yr. Growth %	-	22.47	145.19
EBIT, 1 Yr. Growth %	-	22.47	145.19
Earnings From Cont. Operations, 1 Yr. Growth %	-	149.2	-7.6
Net Income, 1 Yr. Growth %	-	149.2	-7.6
Normalized Net Income, 1 Yr. Growth %	-	213.16	-16.38
Diluted EPS Before Extra, 1 Yr. Growth %	-	81.96	-16.64
Accounts Receivable, 1 Yr. Growth %	-	13.07	9.33
Inventory, 1 Yr. Growth %	-	41.69	21.87
Net Property, Plant and Equip., 1 Yr. Growth %	-	54.91	36.02
Total Assets, 1 Yr. Growth %	-	34.79	33.88
Tangible Book Value, 1 Yr. Growth %	-	227.84	33.86
Common Equity, 1 Yr. Growth %	-	213.99	33.16
Cash From Operations, 1 Yr. Growth %	-	-359.03	98.76
Capital Expenditures, 1 Yr. Growth %	-	524.58	14.93
Levered Free Cash Flow, 1 Yr. Growth %	-	-	3
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-0.88
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	77.42
Gross Profit, 2 Yr. CAGR %	-	-	84.61
EBITDA, 2 Yr. CAGR %	-	-	83.19
EBITA, 2 Yr. CAGR %	-	-	73.3
EBIT, 2 Yr. CAGR %	-	-	73.3
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	51.74
Net Income, 2 Yr. CAGR %	-	-	51.74
Normalized Net Income, 2 Yr. CAGR %	-	-	61.83
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	23.16
Accounts Receivable, 2 Yr. CAGR %	-	-	11.18
Inventory, 2 Yr. CAGR %	-	-	31.41
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	45.16
Total Assets, 2 Yr. CAGR %	-	-	34.33
Tangible Book Value, 2 Yr. CAGR %	-	-	109.49
Common Equity, 2 Yr. CAGR %	-	-	104.48
Cash From Operations, 2 Yr. CAGR %	-	-	126.9
Capital Expenditures, 2 Yr. CAGR %	-	-	167.93