Income Statement Swashthik Plascon Limited

Stocks

544035

INE0RDR01012

Non-Paper Containers & Packaging

Market Closed - Bombay S.E. 03:54:17 17/08/2026 pm IST			5-day change	1st Jan Change
22.00 ^INR	-8.33%		0.00%	-24.14%

23/05	Swashthik Plascon Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
14/11	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	46Cr	126.27Cr	143.6Cr
Other Revenues, Total	-1T	-	-
Total Revenues	46Cr	126.27Cr	143.6Cr
Cost of Goods Sold, Total	32Cr	92Cr	98Cr
Gross Profit	14Cr	34Cr	46Cr
Selling General & Admin Expenses, Total	3.62Cr	10Cr	10Cr
Depreciation & Amortization - (IS)	96.08L	3.44Cr	4.99Cr
Other Operating Expenses	4.36Cr	14Cr	15Cr
Other Operating Expenses, Total	8.93Cr	28Cr	30Cr
Operating Income	5Cr	6.13Cr	15Cr
Interest Expense, Total	-1.09Cr	-3.73Cr	-6.04Cr
Interest And Investment Income	3L	2L	8L
Net Interest Expenses	-1.06Cr	-3.71Cr	-5.96Cr
Income (Loss) On Equity Invest.	91T	-	-
Other Non Operating Income (Expenses)	-44.56L	8.57Cr	12.06L
EBT, Excl. Unusual Items	3.51Cr	11Cr	9.19Cr
EBT, Incl. Unusual Items	3.51Cr	11Cr	9.19Cr
Income Tax Expense	48.6L	3.45Cr	2.23Cr
Earnings From Continuing Operations	3.02Cr	7.53Cr	6.96Cr
Net Income to Company	3.02Cr	7.53Cr	6.96Cr
Net Income - (IS)	3.02Cr	7.53Cr	6.96Cr
Net Income to Common Incl Extra Items	3.02Cr	7.53Cr	6.96Cr
Net Income to Common Excl. Extra Items	3.02Cr	7.53Cr	6.96Cr
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	60.56L	1.76Cr	1.95Cr
Net EPS - Diluted	4.99	4.29	3.57
Diluted EPS - Continuing Operations	4.99	4.29	3.57
Diluted Weighted Average Shares Outstanding	60.56L	1.76Cr	1.95Cr
Normalized Basic EPS	3.62	3.91	2.95
Normalized Diluted EPS	3.62	3.91	2.95
Supplemental Items
EBITDA	5.97Cr	9.56Cr	20Cr
EBITA	5Cr	6.13Cr	15Cr
EBIT	5Cr	6.13Cr	15Cr
EBITDAR	-	10Cr	21Cr
Total Revenues (As Reported)	46Cr	134.86Cr	143.8Cr
Effective Tax Rate - (Ratio)	13.85	31.45	24.26
Total Current Taxes	-	3.56Cr	1.77Cr
Total Deferred Taxes	-	-10.27L	75.99L
Normalized Net Income	2.19Cr	6.87Cr	5.74Cr
Non-Cash Pension Expense	7L	7L	14.26L
Supplemental Operating Expense Items
Advertising Expense	-	3L	2L
Selling and Marketing Expenses	-	3L	2L
Net Rental Expense, Total	-	87.84L	85.64L
Imputed Operating Lease Interest Expense	-	46.64L	59.49L
Imputed Operating Lease Depreciation	-	41.2L	26.15L
Maintenance & Repair Expenses, Total	-	99.36L	1.11Cr

Fiscal Period: March	2023	2024	2025
Assets
Cash And Equivalents	14.18L	9L	2.33Cr
Short Term Investments	-	-	53.92L
Total Cash And Short Term Investments	14.18L	9L	2.87Cr
Accounts Receivable, Total	37Cr	42Cr	46Cr
Other Receivables	37.83L	2.89Cr	1.99Cr
Notes Receivable	1.73Cr	38.69L	11.92L
Total Receivables	39Cr	45Cr	48Cr
Inventory	38Cr	54Cr	65Cr
Other Current Assets, Total	1.37Cr	2.47Cr	12Cr
Total Current Assets	79Cr	101.69Cr	128.19Cr
Gross Property Plant And Equipment	52Cr	-	-
Accumulated Depreciation	-26Cr	-	-
Net Property Plant And Equipment	26Cr	40Cr	55Cr
Long-term Investments	1.64Cr	2.24Cr	1.63Cr
Goodwill	1.26Cr	1.26Cr	1.26Cr
Other Intangibles, Total	-	5L	4L
Loans Receivable Long-Term	1.77Cr	2.54Cr	13Cr
Deferred Tax Assets Long-Term	16.53L	26.8L	-
Other Long-Term Assets, Total	1.01Cr	80.77L	98.74L
Total Assets	110.76Cr	149.3Cr	199.88Cr
Liabilities
Accounts Payable, Total	18Cr	23Cr	19Cr
Accrued Expenses, Total	5.37Cr	4.2Cr	3.23Cr
Short-term Borrowings	28Cr	43.1L	-
Current Portion of Long-Term Debt	17.49L	-	-
Current Income Taxes Payable	55.73L	3.26Cr	2.18Cr
Other Current Liabilities	7.02Cr	1.05Cr	3.79Cr
Total Current Liabilities	60Cr	32Cr	28Cr
Long-Term Debt	30Cr	53Cr	85Cr
Pension & Other Post Retirement Benefits	21.6L	23.64L	30.73L
Deferred Tax Liability Non Current	-	-	49.19L
Other Non Current Liabilities	2L	2L	5L
Total Liabilities	90Cr	85Cr	114.64Cr
Common Stock, Total	13Cr	18Cr	19Cr
Additional Paid In Capital	3.87Cr	36Cr	48Cr
Retained Earnings	3.68Cr	11Cr	18Cr
Total Common Equity	20Cr	64Cr	85Cr
Minority Interest	3L	5L	6L
Total Equity	20Cr	64Cr	85Cr
Total Liabilities And Equity	110.76Cr	149.3Cr	199.88Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.28Cr	1.76Cr	1.95Cr
ECS Total Common Shares Outstanding	1.28Cr	1.76Cr	1.95Cr
Book Value / Share	15.88	36.42	43.75
Tangible Book Value	19Cr	63Cr	84Cr
Tangible Book Value Per Share	14.9	35.67	43.08
Total Debt	59Cr	54Cr	85Cr
Net Debt	59Cr	54Cr	83Cr
Debt Equivalent Oper. Leases	-	7.03Cr	6.85Cr
Minority Interest, Total (Incl. Fin. Div)	3L	5L	6L
Account Code - Inventory Valuation	3	3	3
Land - (BS)	3.1Cr	-	-
Buildings, Total	2.04Cr	-	-
Machinery, Total	20Cr	-	-
Full Time Employees	66	63	66

Fiscal Period: March	2023	2024	2025
Net Income	3.02Cr	7.53Cr	6.96Cr
Depreciation & Amortization - CF	96.08L	3.44Cr	4.99Cr
Depreciation & Amortization, Total	96.08L	3.44Cr	4.99Cr
(Gain) Loss From Sale Of Asset	-	-	-53T
Other Operating Activities, Total	1.84Cr	5.93Cr	6.48Cr
Change In Accounts Receivable	-1.19Cr	-4.87Cr	-3.94Cr
Change In Inventories	-6.12Cr	-16Cr	-12Cr
Change In Accounts Payable	-40.08L	4.48Cr	-3.72Cr
Change in Other Net Operating Assets	5.56Cr	-10Cr	-18Cr
Cash from Operations	3.68Cr	-9.62Cr	-19Cr
Capital Expenditure	-3.15Cr	-20Cr	-23Cr
Sale of Property, Plant, and Equipment	-	1.86Cr	3.11Cr
Investment in Marketable and Equity Securities, Total	25.9L	-	-
Other Investing Activities, Total	3L	-23.75L	63.38L
Cash from Investing	-2.86Cr	-18Cr	-19Cr
Short Term Debt Issued, Total	49.97L	-	-
Long-Term Debt Issued, Total	44.01L	23Cr	32Cr
Total Debt Issued	93.98L	23Cr	32Cr
Short Term Debt Repaid, Total	-	-28Cr	-43.1L
Total Debt Repaid	-	-28Cr	-43.1L
Issuance of Common Stock	-	41Cr	14Cr
Other Financing Activities, Total	-1.77Cr	-8Cr	-6.04Cr
Cash from Financing	-82.97L	28Cr	40Cr
Miscellaneous Cash Flow Adjustments	-	1T	-
Net Change in Cash	-76T	-5L	2.24Cr
Supplemental Items
Cash Interest Paid	1.77Cr	3.73Cr	6.04Cr
Cash Income Tax Paid (Refund)	33.33L	1.26Cr	1.72Cr
Levered Free Cash Flow	-	-38Cr	-39Cr
Unlevered Free Cash Flow	-	-35Cr	-35Cr
Change In Net Working Capital	-	23Cr	27Cr
Net Debt Issued / Repaid	93.98L	-5.13Cr	32Cr

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