Income Statement Ramdevbaba Solvent Limited

Stocks

RBS

INE0RJH01010

Food Processing

Market Closed - NSE India S.E. Other stock markets 04:35:09 07/08/2026 pm IST			5-day change	1st Jan Change
91.50 ^INR	-1.61%		+1.78%	-0.11%

27/05	Ramdevbaba Solvent Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
08/04	Ramdevbaba Solvent Ltd says unit commences ethanol dispatch to oil marketing companies	RE

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Published financial data: RAMDEVBABA SOLVENT LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	582.88Cr	697.75Cr	686.44Cr	928.69Cr	823.26Cr
Other Revenues, Total	-	33.4L	18.04L	16.11L	-
Total Revenues	582.88Cr	698.09Cr	686.62Cr	928.85Cr	823.26Cr
Cost of Goods Sold, Total	490.15Cr	586.02Cr	567.42Cr	796.22Cr	682.33Cr
Gross Profit	93Cr	112.07Cr	119.2Cr	132.62Cr	140.93Cr
Selling General & Admin Expenses, Total	8.36Cr	6.77Cr	9.62Cr	11Cr	12Cr
Depreciation & Amortization - (IS)	5.16Cr	2.28Cr	4.26Cr	4.83Cr	5.31Cr
Other Operating Expenses	67Cr	80Cr	78Cr	90Cr	97Cr
Other Operating Expenses, Total	80Cr	89Cr	92Cr	105.43Cr	114.95Cr
Operating Income	13Cr	23Cr	27Cr	27Cr	26Cr
Interest Expense, Total	-4.55Cr	-5.28Cr	-9.49Cr	-7.79Cr	-9.51Cr
Interest And Investment Income	3L	9L	15.65L	87.26L	-
Net Interest Expenses	-4.52Cr	-5.19Cr	-9.33Cr	-6.92Cr	-9.51Cr
Other Non Operating Income (Expenses)	-79.65L	-54.26L	-22.8L	-27.31L	-
EBT, Excl. Unusual Items	7.31Cr	17Cr	18Cr	20Cr	16Cr
Gain (Loss) On Sale Of Investments	-	16.75L	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Insurance Settlements	1.23Cr	5L	-	8L	-
EBT, Incl. Unusual Items	8.54Cr	17Cr	18Cr	20Cr	16Cr
Income Tax Expense	1.88Cr	4.08Cr	4.68Cr	5.11Cr	5.04Cr
Earnings From Continuing Operations	6.66Cr	13Cr	13Cr	15Cr	11Cr
Net Income to Company	6.66Cr	13Cr	13Cr	15Cr	11Cr
Minority Interest	-	-	-	3L	26T
Net Income - (IS)	6.66Cr	13Cr	13Cr	15Cr	11Cr
Net Income to Common Incl Extra Items	6.66Cr	13Cr	13Cr	15Cr	11Cr
Net Income to Common Excl. Extra Items	6.66Cr	13Cr	13Cr	15Cr	11Cr
Per Share Items
Net EPS - Basic	4.84	9.45	8.6	6.86	5
Basic EPS - Continuing Operations	4.84	9.45	8.6	6.86	5
Basic Weighted Average Shares Outstanding	1.38Cr	1.38Cr	1.52Cr	2.19Cr	2.29Cr
Net EPS - Diluted	4.84	9.45	8.6	6.86	5
Diluted EPS - Continuing Operations	4.84	9.45	8.6	6.86	5
Diluted Weighted Average Shares Outstanding	1.38Cr	1.38Cr	1.52Cr	2.19Cr	2.29Cr
Normalized Basic EPS	3.32	7.66	7.31	5.73	4.5
Normalized Diluted EPS	3.32	7.66	7.31	5.73	4.5
Supplemental Items
EBITDA	17Cr	25Cr	32Cr	32Cr	31Cr
EBITA	13Cr	23Cr	27Cr	27Cr	26Cr
EBIT	13Cr	23Cr	27Cr	27Cr	26Cr
EBITDAR	-	-	32Cr	32Cr	-
Total Revenues (As Reported)	584.7Cr	704.33Cr	692.99Cr	935.85Cr	828.85Cr
Effective Tax Rate - (Ratio)	21.99	23.88	26.43	25.43	30.59
Total Current Taxes	-	3.27Cr	2.67Cr	3.67Cr	3.44Cr
Total Deferred Taxes	-	80.86L	1.88Cr	1.54Cr	1.59Cr
Normalized Net Income	4.57Cr	11Cr	11Cr	13Cr	10Cr
Non-Cash Pension Expense	-	9L	3L	33.22L	-
Supplemental Operating Expense Items
Advertising Expense	8L	23.32L	-	-	-
Selling and Marketing Expenses	8L	23.32L	-	-	-
Net Rental Expense, Total	-	-	5L	9L	-
Imputed Operating Lease Interest Expense	-	-	4L	3L	-
Imputed Operating Lease Depreciation	-	-	2L	7L	-
Maintenance & Repair Expenses, Total	2.33Cr	-	3.1Cr	3.21Cr	-

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	20.08L	35.64L	17.29L	4.49Cr	1.22Cr
Total Cash And Short Term Investments	20.08L	35.64L	17.29L	4.49Cr	1.22Cr
Accounts Receivable, Total	28Cr	39Cr	41Cr	32Cr	33Cr
Other Receivables	64.31L	7.64Cr	12Cr	42Cr	-
Total Receivables	28Cr	46Cr	53Cr	74Cr	33Cr
Inventory	35Cr	47Cr	61Cr	78Cr	136.7Cr
Prepaid Expenses	15.56L	18.73L	24.75L	27.39L	-
Other Current Assets, Total	12Cr	5.01Cr	4.75Cr	20Cr	101.01Cr
Total Current Assets	76Cr	99Cr	119.36Cr	176.39Cr	271.79Cr
Gross Property Plant And Equipment	-	120.19Cr	131.88Cr	329.49Cr	-
Accumulated Depreciation	-	-31Cr	-35Cr	-40Cr	-
Net Property Plant And Equipment	52Cr	90Cr	97Cr	289.71Cr	314.09Cr
Long-term Investments	94.52L	93.82L	9.4Cr	6.72Cr	1L
Goodwill	-	-	-	1.57Cr	1.57Cr
Other Intangibles, Total	-	-	-	38T	3L
Deferred Charges Long-Term	2L	-	-	-	-
Other Long-Term Assets, Total	-	1.26Cr	3.39Cr	7.61Cr	11Cr
Total Assets	129.1Cr	190.63Cr	229.16Cr	481.99Cr	598.13Cr
Liabilities
Accounts Payable, Total	21Cr	30Cr	31Cr	31Cr	34Cr
Accrued Expenses, Total	4.02Cr	4.8Cr	4.51Cr	5.96Cr	3.59Cr
Short-term Borrowings	22Cr	45Cr	57Cr	55Cr	150.94Cr
Current Portion of Long-Term Debt	-	12Cr	18Cr	14Cr	-
Current Income Taxes Payable	1.88Cr	3.86Cr	2.67Cr	3.67Cr	-
Other Current Liabilities	1.09Cr	1.28Cr	1.91Cr	4.22Cr	19Cr
Total Current Liabilities	51Cr	97Cr	115.66Cr	113.84Cr	206.72Cr
Long-Term Debt	43Cr	42Cr	36Cr	197.35Cr	207.68Cr
Pension & Other Post Retirement Benefits	-	41.31L	45L	73.54L	65.68L
Deferred Tax Liability Non Current	-	2.88Cr	4.76Cr	6.3Cr	7.89Cr
Total Liabilities	93Cr	142.79Cr	156.39Cr	318.23Cr	422.95Cr
Common Stock, Total	4.59Cr	4.59Cr	16Cr	23Cr	23Cr
Additional Paid In Capital	1.84Cr	1.84Cr	57Cr	120.72Cr	132.14Cr
Retained Earnings	29Cr	41Cr	-	-	-
Comprehensive Income and Other	-	-	-	7.91Cr	7.91Cr
Total Common Equity	36Cr	48Cr	73Cr	151.49Cr	162.91Cr
Minority Interest	-	-	35T	12Cr	12Cr
Total Equity	36Cr	48Cr	73Cr	163.76Cr	175.18Cr
Total Liabilities And Equity	129.1Cr	190.63Cr	229.16Cr	481.99Cr	598.13Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.38Cr	1.38Cr	1.62Cr	2.29Cr	2.29Cr
ECS Total Common Shares Outstanding	1.38Cr	1.38Cr	1.62Cr	2.29Cr	2.29Cr
Book Value / Share	25.92	34.76	44.88	66.26	71.26
Tangible Book Value	36Cr	48Cr	73Cr	149.91Cr	161.31Cr
Tangible Book Value Per Share	25.92	34.76	44.88	65.58	70.56
Total Debt	65Cr	99Cr	110.87Cr	266.74Cr	358.62Cr
Net Debt	65Cr	99Cr	110.7Cr	262.25Cr	357.41Cr
Debt Equivalent Oper. Leases	-	-	43.84L	74.48L	-
Minority Interest, Total (Incl. Fin. Div)	-	-	35T	12Cr	12Cr
Equity Method Investments, Total	-	-	7.5Cr	-	-
Account Code - Inventory Valuation	5	5	5	5	-
Inventories - Raw Materials, Total	27Cr	36Cr	39Cr	62Cr	-
Inventories - Finished Goods, Total	8.15Cr	11Cr	22Cr	15Cr	-
Inventories - Others	29.62L	-	-	-	-
Land - (BS)	-	3.41Cr	3.41Cr	7.89Cr	-
Buildings, Total	-	20Cr	21Cr	22Cr	-
Machinery, Total	-	69Cr	104.38Cr	111.4Cr	-
Full Time Employees	-	-	284	506	-

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	-	13Cr	13Cr	15Cr	11Cr
Depreciation & Amortization - CF	-	2.28Cr	4.26Cr	4.83Cr	5.31Cr
Depreciation & Amortization, Total	-	2.28Cr	4.26Cr	4.83Cr	5.31Cr
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Other Operating Activities, Total	-	7.9Cr	10Cr	10Cr	11Cr
Change In Accounts Receivable	-	-11Cr	-1.91Cr	8.31Cr	-56.35L
Change In Inventories	-	-12Cr	-15Cr	-16Cr	-59Cr
Change In Accounts Payable	-	9Cr	89.32L	-1.32Cr	11Cr
Change in Other Net Operating Assets	-	1.26Cr	-6.96Cr	-21Cr	-35Cr
Cash from Operations	-	11Cr	4.98Cr	-73.7L	-56Cr
Capital Expenditure	-	-40Cr	-12Cr	-126.47Cr	-30Cr
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-1.57Cr	-
Investment in Marketable and Equity Securities, Total	-	15L	-7.5Cr	-1L	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-	9L	15.65L	49.46L	13.38L
Cash from Investing	-	-39Cr	-19Cr	-127.56Cr	-30Cr
Short Term Debt Issued, Total	-	19Cr	18Cr	-	79Cr
Long-Term Debt Issued, Total	-	15Cr	-	82Cr	13Cr
Total Debt Issued	-	34Cr	18Cr	82Cr	92Cr
Short Term Debt Repaid, Total	-	-	-	-7.02Cr	-
Long-Term Debt Repaid, Total	-	-	-6.76Cr	-	-
Total Debt Repaid	-	-	-6.76Cr	-7.02Cr	-
Issuance of Common Stock	-	-	12Cr	64Cr	-
Other Financing Activities, Total	-	-5.8Cr	-9.68Cr	-13Cr	-9.51Cr
Cash from Financing	-	29Cr	14Cr	125.14Cr	82Cr
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-	15.56L	-18.34L	-3.16Cr	-3.28Cr
Supplemental Items
Cash Interest Paid	-	5.26Cr	9.45Cr	7.78Cr	9.51Cr
Cash Income Tax Paid (Refund)	-	1.88Cr	4Cr	2.56Cr	3.68Cr
Levered Free Cash Flow	-	-36Cr	-17Cr	-138.02Cr	-101.56Cr
Unlevered Free Cash Flow	-	-33Cr	-11Cr	-133.15Cr	-96Cr
Change In Net Working Capital	14Cr	9.66Cr	21Cr	27Cr	87Cr
Net Debt Issued / Repaid	-	34Cr	12Cr	75Cr	92Cr

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	6.91	8.77	8.12	4.19	3.01
Return on Total Capital	9.04	11.45	10.31	4.77	3.37
Return On Equity %	20.6	31.46	21.61	11.79	6.74
Return on Common Equity	20.6	31.46	21.61	13.38	7.27
Margin Analysis
Gross Profit Margin %	15.91	16.05	17.36	14.28	17.12
SG&A Margin	1.43	0.97	1.4	1.18	1.5
EBITDA Margin %	2.89	3.56	4.59	3.45	3.8
EBITA Margin %	2.17	3.24	3.97	2.93	3.16
EBIT Margin %	2.17	3.24	3.97	2.93	3.16
Income From Continuing Operations Margin %	1.14	1.86	1.9	1.61	1.39
Net Income Margin %	1.14	1.86	1.9	1.62	1.39
Net Avail. For Common Margin %	1.14	1.86	1.9	1.62	1.39
Normalized Net Income Margin	0.78	1.51	1.61	1.35	1.25
Levered Free Cash Flow Margin	-	-5.17	-2.5	-14.86	-12.34
Unlevered Free Cash Flow Margin	-	-4.69	-1.64	-14.34	-11.61
Asset Turnover
Asset Turnover	5.1	4.34	3.27	2.29	1.52
Fixed Assets Turnover	12.73	9.84	7.36	4.06	2.73
Receivables Turnover (Average Receivables)	25.07	20.97	17.31	25.47	25.27
Inventory Turnover (Average Inventory)	13.67	14.27	10.47	11.45	6.37
Short Term Liquidity
Current Ratio	1.5	1.02	1.03	1.55	1.31
Quick Ratio	0.57	0.48	0.46	0.69	0.16
Operating Cash Flow to Current Liabilities	-	0.11	0.04	-0.01	-0.27
Days Sales Outstanding (Average Receivables)	14.56	17.41	21.15	14.33	14.44
Days Outstanding Inventory (Average Inventory)	26.71	25.58	34.96	31.88	57.32
Average Days Payable Outstanding	13.59	15.77	19.36	14.05	13.79
Cash Conversion Cycle (Average Days)	27.67	27.21	36.75	32.16	57.98
Long Term Solvency
Total Debt/Equity	182.5	207.45	152.37	162.89	204.72
Total Debt / Total Capital	64.6	67.47	60.38	61.96	67.18
LT Debt/Equity	120.03	88.41	48.83	120.51	118.55
Long-Term Debt / Total Capital	42.49	28.76	19.35	45.84	38.91
Total Liabilities / Total Assets	72.37	74.91	68.25	66.02	70.71
EBIT / Interest Expense	2.78	4.28	2.87	3.49	2.73
EBITDA / Interest Expense	3.71	4.71	3.32	4.11	3.29
(EBITDA - Capex) / Interest Expense	3.71	-2.77	2.09	-12.13	0.16
Total Debt / EBITDA	3.86	3.99	3.52	8.33	11.46
Net Debt / EBITDA	3.85	3.98	3.51	8.19	11.42
Total Debt / (EBITDA - Capex)	3.86	-6.78	5.59	-2.82	233.36
Net Debt / (EBITDA - Capex)	3.85	-6.76	5.58	-2.78	232.57
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	37.5	19.65	-1.64	35.28	-11.35
Gross Profit, 1 Yr. Growth %	16.46	17.21	9.22	11.26	3.88
EBITDA, 1 Yr. Growth %	12.35	36.11	17.36	1.52	-5.08
EBITA, 1 Yr. Growth %	17.21	72.25	10.69	-0.3	-7.67
EBIT, 1 Yr. Growth %	17.21	72.25	10.69	-0.3	-7.67
Earnings From Cont. Operations, 1 Yr. Growth %	15.6	97.25	-11.27	14.9	-23.67
Net Income, 1 Yr. Growth %	15.6	97.25	-11.27	15.11	-23.8
Normalized Net Income, 1 Yr. Growth %	6.37	111.79	-7.03	13.16	-18.17
Diluted EPS Before Extra, 1 Yr. Growth %	15.6	97.25	-19.4	-20.23	-27.15
Accounts Receivable, 1 Yr. Growth %	49.29	38.99	4.92	-20.47	1.74
Inventory, 1 Yr. Growth %	-3.63	33.33	31	26.25	76.14
Net Property, Plant and Equip., 1 Yr. Growth %	33.31	71.08	8.28	72.38	8.42
Total Assets, 1 Yr. Growth %	29.9	45.13	20.21	46.66	24.1
Tangible Book Value, 1 Yr. Growth %	22.97	37.33	52.11	106.05	7.6
Common Equity, 1 Yr. Growth %	22.97	37.33	52.11	108.21	7.54
Cash From Operations, 1 Yr. Growth %	-	316.3	-54.47	-96.75	7.5T
Capital Expenditures, 1 Yr. Growth %	-	116.64	-70.41	52.85	-76.47
Levered Free Cash Flow, 1 Yr. Growth %	-	60.55	-50.33	25.61	-26.16
Unlevered Free Cash Flow, 1 Yr. Growth %	-	67.44	-64.05	28.09	-27.84
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	29.25	28.26	8.48	15.35	9.5
Gross Profit, 2 Yr. CAGR %	19.09	16.94	11.66	10.24	8.73
EBITDA, 2 Yr. CAGR %	15.39	23.83	31.37	9.15	-0.39
EBITA, 2 Yr. CAGR %	14.26	37.16	44.19	5.05	-2.4
EBIT, 2 Yr. CAGR %	14.26	37.16	44.19	5.05	-2.4
Earnings From Cont. Operations, 2 Yr. CAGR %	14.5	45.16	40.61	0.97	-6.35
Net Income, 2 Yr. CAGR %	14.5	45.16	40.61	1.06	-6.34
Normalized Net Income, 2 Yr. CAGR %	8.15	42.38	49.17	2.57	-3.58
Diluted EPS Before Extra, 2 Yr. CAGR %	14.49	45.22	34	-19.82	-23.75
Accounts Receivable, 2 Yr. CAGR %	12.76	44.05	20.76	-8.65	-10.05
Inventory, 2 Yr. CAGR %	21.26	13.35	32.16	28.6	49.12
Net Property, Plant and Equip., 2 Yr. CAGR %	31.64	51.01	36.11	79.82	36.71
Total Assets, 2 Yr. CAGR %	27.15	37.21	32.09	59.01	34.91
Tangible Book Value, 2 Yr. CAGR %	23.88	30.15	44.53	77.04	48.9
Common Equity, 2 Yr. CAGR %	23.88	30.15	44.53	77.96	49.63
Cash From Operations, 2 Yr. CAGR %	-	-3.11	38.29	-74.05	57.16
Capital Expenditures, 2 Yr. CAGR %	-	72.27	-19.95	78.94	-40.03
Levered Free Cash Flow, 2 Yr. CAGR %	-	126.11	-12.53	99.71	-3.86
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	162.26	-24.15	106.2	-4.09
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	43	26.01	17.4	16.77	5.65
Gross Profit, 3 Yr. CAGR %	32.11	19.68	13.3	11.52	8.9
EBITDA, 3 Yr. CAGR %	21.11	25.21	24.81	20.56	5.21
EBITA, 3 Yr. CAGR %	25.1	32.7	31.44	27.5	1.78
EBIT, 3 Yr. CAGR %	25.1	32.7	31.44	27.5	1.78
Earnings From Cont. Operations, 3 Yr. CAGR %	21.49	36.76	28.3	31.46	-8.02
Net Income, 3 Yr. CAGR %	21.49	36.76	28.3	31.54	-8.01
Normalized Net Income, 3 Yr. CAGR %	25.54	39.22	28.67	36.05	-4.74
Diluted EPS Before Extra, 3 Yr. CAGR %	21.49	36.75	24.28	12.72	-22.33
Accounts Receivable, 3 Yr. CAGR %	38.68	20.9	29.61	5.07	-5.31
Inventory, 3 Yr. CAGR %	23.21	25.16	18.95	30.16	42.81
Net Property, Plant and Equip., 3 Yr. CAGR %	20.05	43.71	35.16	76.86	51.91
Total Assets, 3 Yr. CAGR %	26.79	33.64	31.29	54.24	46.4
Tangible Book Value, 3 Yr. CAGR %	23.47	27.19	37.09	62.66	49.96
Common Equity, 3 Yr. CAGR %	23.47	27.19	37.09	63.23	50.46
Cash From Operations, 3 Yr. CAGR %	-	49.65	-24.45	-34.35	72.36
Capital Expenditures, 3 Yr. CAGR %	-	137.3	-4.25	90.71	-9.01
Levered Free Cash Flow, 3 Yr. CAGR %	-	54.22	34.56	83.15	43.17
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	60.94	33.2	89.49	45.07
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	30.84	28.07	21.63	14.17
Gross Profit, 5 Yr. CAGR %	-	26.67	24.27	15.2	11.45
EBITDA, 5 Yr. CAGR %	-	25.67	27.13	20.37	14.04
EBITA, 5 Yr. CAGR %	-	28.72	33.43	22.97	16.68
EBIT, 5 Yr. CAGR %	-	28.72	33.43	22.97	16.68
Earnings From Cont. Operations, 5 Yr. CAGR %	-	31.97	28.53	24.12	13.12
Net Income, 5 Yr. CAGR %	-	31.97	28.53	24.17	13.13
Normalized Net Income, 5 Yr. CAGR %	-	28.35	36.82	26.26	14.64
Diluted EPS Before Extra, 5 Yr. CAGR %	-	31.97	26.07	13.18	2.22
Accounts Receivable, 5 Yr. CAGR %	-	33.1	31.21	8.08	11.99
Inventory, 5 Yr. CAGR %	-	40.14	26.71	26.52	30.21
Net Property, Plant and Equip., 5 Yr. CAGR %	-	31.53	26.26	57.19	51.55
Total Assets, 5 Yr. CAGR %	-	33.68	29.33	43.27	42.65
Tangible Book Value, 5 Yr. CAGR %	-	25.71	30.87	45.18	41.7
Common Equity, 5 Yr. CAGR %	-	25.71	30.87	45.48	41.98
Cash From Operations, 5 Yr. CAGR %	-	2.79	7.63	-25.61	37.13
Capital Expenditures, 5 Yr. CAGR %	-	29.67	2.08	111.96	17.45
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	9.07	69.61	70.47
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	3.68	76.11	82.19