Surbhi Industries
Surbhi Industries
TextilesKey Fundamentals
MicrocapTextile ProcessingTextilesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
6- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.8% over past five years.
- Tax rate seems low
- Company has a low return on equity of 2.89% over last 3 years.
- Earnings include an other income of Rs.2.15 Cr.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.1 | 5.45 | 5.85 | 3.49 | 6.25 | 11.11 | 10.58 | 7.99 | 8.18 | 8.87 | 6.73 | 7.76 | 6.68 |
| Expenses | 3.35 | 5.36 | 5.36 | 3.27 | 6.01 | 9.02 | 9.42 | 7.87 | 6.66 | 7.14 | 5.56 | 6.84 | 5.31 |
| Operating Profit | -0.25 | 0.09 | 0.49 | 0.22 | 0.24 | 2.09 | 1.16 | 0.12 | 1.52 | 1.73 | 1.17 | 0.92 | 1.37 |
| OPM % | -8.06% | 1.65% | 8.38% | 6.3% | 3.84% | 18.81% | 10.96% | 1.5% | 18.58% | 19.5% | 17.38% | 11.86% | 20.51% |
| Other Income | 0.56 | 0.47 | 0.37 | 0.71 | 0.37 | 1.67 | 0.25 | 1.12 | 0.41 | 0.38 | 0.6 | 0.87 | 0.3 |
| Interest | 1 | 0.53 | 0.33 | -0.17 | 0.32 | 0.41 | 0.38 | 0.42 | 0.54 | 0.59 | 0.66 | 0.62 | 0.29 |
| Depreciation | 0.61 | 0.56 | 0.56 | 0.83 | 0.63 | 0.63 | 0.65 | 0.62 | 0.91 | 0.99 | 1 | 0.76 | 1.02 |
| PBT | -1.3 | -0.53 | -0.03 | 0.27 | -0.34 | 2.72 | 0.38 | 0.2 | 0.48 | 0.53 | 0.11 | 0.41 | 0.36 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -170% | 0% | 0% | 0% | -114.63% | 0% |
| Net Profit | -1.3 | -0.53 | -0.03 | 0.26 | -0.34 | 2.72 | 0.38 | 0.53 | 0.48 | 0.52 | 0.11 | 0.88 | 0.36 |
| EPS in Rs | -3.78 | -1.54 | -0.09 | 0.76 | -0.99 | 7.91 | 1.11 | 1.54 | 1.4 | 1.51 | 0.32 | 2.56 | 1.05 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 41.34 | 30.77 | 20.8 | 19.8 | 19.43 | 28.76 | 18.03 | 28.61 | 27.07 | 17.86 | 35.93 | 31.53 | 30.04 |
| Expenses | 34.3 | 24.21 | 16.99 | 16.81 | 16.55 | 22.77 | 13.26 | 22.96 | 23.55 | 17.33 | 31.78 | 26.19 | 24.85 |
| Operating Profit | 7.04 | 6.56 | 3.81 | 2.99 | 2.88 | 5.99 | 4.77 | 5.65 | 3.52 | 0.53 | 4.15 | 5.34 | 5.19 |
| OPM % | 17.03% | 21.32% | 18.32% | 15.1% | 14.82% | 20.83% | 26.46% | 19.75% | 13% | 2.97% | 11.55% | 16.94% | 17.28% |
| Other Income | 1.96 | 1.76 | 3.78 | 1.35 | 1.56 | 1.35 | 1.02 | 1.09 | 1.55 | 2.12 | 3.42 | 2.26 | 2.15 |
| Interest | 2.25 | 2.26 | 2.41 | 1.47 | 1.4 | 0.94 | 0.48 | 1.08 | 1.5 | 1.69 | 2.08 | 2.41 | 2.16 |
| Depreciation | 2.8 | 3.87 | 4.42 | 4.51 | 4.35 | 3.3 | 2.95 | 3.72 | 3.48 | 2.57 | 2.53 | 3.67 | 3.77 |
| PBT | 3.95 | 2.19 | 0.76 | -1.64 | -1.31 | 3.1 | 2.36 | 1.94 | 0.09 | -1.61 | 2.96 | 1.52 | 1.41 |
| Tax % | 28.61% | 26.94% | 3.95% | -45.73% | -48.09% | 9.68% | 34.32% | 42.78% | 0% | 0% | -11.49% | -30.92% | — |
| Net Profit | 2.83 | 1.6 | 0.72 | -0.9 | -0.68 | 2.8 | 1.55 | 1.11 | 0.09 | -1.6 | 3.29 | 1.99 | 1.87 |
| EPS in Rs | 8.23 | 4.65 | 2.09 | -2.62 | -1.98 | 8.15 | 4.51 | 3.23 | 0.26 | -4.65 | 9.57 | 5.79 | 5.44 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.43 | 3.43 | 3.43 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 |
| Reserves | 7.25 | 8.85 | 9.57 | 8.68 | 8 | 10.8 | 12.45 | 13.58 | 11.81 | 10.37 | 13.66 | 15.62 |
| Borrowings | 13.96 | 17.83 | 16.57 | 12.93 | 9.79 | 5.72 | 4.23 | 16.13 | 15.97 | 15.27 | 14.4 | 23.41 |
| Other Liabilities | 6.13 | 8.07 | 1.66 | 0.91 | 1.24 | 1.71 | 1.26 | 1.16 | 4.01 | 2.47 | 3.31 | 2.56 |
| Total Liabilities | 30.77 | 38.18 | 31.23 | 25.96 | 22.47 | 21.67 | 21.38 | 34.31 | 35.23 | 31.55 | 34.81 | 45.03 |
| Fixed Assets | 20.6 | 26.56 | 20.63 | 16.38 | 12.11 | 8.84 | 7.46 | 15.47 | 18.87 | 18.52 | 21.34 | 31.02 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0.14 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 3.06 | 2.9 | 0.28 |
| Other Assets | 9.95 | 11.4 | 10.38 | 9.36 | 10.14 | 12.61 | 13.56 | 18.62 | 16.14 | 9.97 | 10.57 | 13.73 |
| Total Assets | 30.77 | 38.18 | 31.23 | 25.96 | 22.47 | 21.67 | 21.38 | 34.31 | 35.23 | 31.55 | 34.81 | 45.03 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 6.8 | 6.92 | 6.96 | 4.21 | 3.7 | 4.6 | 3.36 | 1.27 | 7.46 | 5.16 | 8.75 | 4.86 |
| Investing | -11.45 | -9.73 | 0.95 | 0.9 | 0.32 | 0.46 | -1.4 | -11.42 | -6.77 | -2.07 | -5.1 | -10.36 |
| Financing | 4.67 | 2.82 | -7.92 | -5.11 | -4.02 | -5.01 | -1.97 | 10.6 | -1.2 | -3.08 | -3.65 | 5.5 |
| Net Cash Flow | 0.02 | 0 | 0 | 0.01 | 0 | 0.04 | -0.01 | 0.46 | -0.51 | 0 | 0 | 0 |
| Free Cash Flow | -4.72 | -2.94 | 8.82 | 3.91 | 3.63 | 4.56 | 1.75 | -10.32 | 0.56 | 2.95 | 3.4 | -8.14 |
| CFO/OP | 108 | 113 | 186 | 141 | 138 | 90 | 86 | 35 | 210 | 974 | 211 | 91 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50.94 | 50.06 | 56.33 | 81.11 | 87.73 | 91.25 | 106 | 64.68 | 55.28 | 36.99 | 43.48 | 43.18 |
| Inventory Days | 20.28 | 85.21 | 89.91 | 39.61 | 37.67 | 22.96 | 110 | 66.52 | 159 | 221 | 73.38 | 151 |
| Days Payable | 19.14 | 45.04 | 5.66 | 5.97 | 25.33 | 17.39 | 45.56 | 16.33 | 14.24 | 40.05 | 38.35 | 44.81 |
| Cash Conversion Cycle | 52.09 | 90.23 | 141 | 115 | 100 | 96.82 | 171 | 115 | 201 | 218 | 78.51 | 149 |
| Working Capital Days | -9.27 | -27.99 | 38.08 | 98.81 | 52.04 | 73.86 | 161 | 146 | 118 | 41.49 | 0.3 | 27.44 |
| ROCE % | 28.71% | 16.26% | 10.62% | -0.51% | 0.39% | 19.62% | 14.17% | 11.26% | 5% | 0.13% | 11.79% | 8.52% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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62 extracted metrics + investor summaries across FY02–FY26.
Documents
Frequently Asked Questions about Surbhi Industries
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Company Information
Incorporated in 1992, Surbhi Industries Ltd is engaged in the manufacturing of Fabric and Yarns.[1]
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