---
title: "Ciba India Ltd(merged) (CIBASPEC) — Share Price, Financials & Analysis"
symbol: "CIBASPEC"
company: "Ciba India Ltd(merged)"
canonical: "https://tapetide.com/stocks/CIBASPEC"
generated_at: "2026-10-13T11:52:32.899Z"
---

# Ciba India Ltd(merged) (CIBASPEC)

Canonical page: https://tapetide.com/stocks/CIBASPEC

## Company

- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** cibasc.com

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Company has a low return on equity of 11.0% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 8% | -7% |
| revenue growth | 8% | -2% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- |
| Sales | 72 | 5 | 29 | 2 | 51 |
| Expenses | 86 | 8 | 33 | 11 | 63 |
| Operating Profit | -14 | -3 | -4 | -9 | -12 |
| OPM % | -20 | -55 | -14 | -438 | -23 |
| Other Income | 25 | 12 | 10 | 9 | 61 |
| Interest | 2 | 0 | 0 | 0 | 9 |
| Depreciation | 8 | 0 | 0 | 0 | 9 |
| Profit before tax | 1 | 9 | 6 | 0 | 32 |
| Tax % | -1287 | 33 | 33 | 1393 | 55 |
| Net Profit | 13 | 6 | 4 | -2 | 15 |
| EPS in Rs | 10.06 | 4.69 | 3.08 | -1.38 | 11.1 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Sales | 745 | 658 | 637 | 691 |
| Expenses | 664 | 688 | 578 | 637 |
| Operating Profit | 80 | -31 | 59 | 54 |
| OPM % | 11 | -4.7 | 9 | 8 |
| Other Income | 8 | 204 | 12 | 16 |
| Interest | 2 | 2 | 2 | 3 |
| Depreciation | 18 | 16 | 19 | 19 |
| Profit before tax | 68 | 155 | 50 | 48 |
| Tax % | 41 | 15 | 40 | 31 |
| Net Profit | 40 | 132 | 30 | 33 |
| EPS in Rs | 29.99 | 98.61 | 22.38 | 24.65 |
| Dividend Payout % | 23 | 8 | 16 | 14 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Equity Capital | 13 | 13 | 13 | 13 |
| Reserves | 208 | 331 | 355 | 383 |
| Borrowings | 16 | 13 | 27 | 14 |
| Other Liabilities | 169 | 118 | 138 | 115 |
| Total Liabilities | 407 | 476 | 534 | 526 |
| Fixed Assets | 59 | 117 | 124 | 133 |
| CWIP | 32 | 17 | 17 | 4 |
| Investments | 3 | 103 | 120 | 111 |
| Other Assets | 313 | 239 | 274 | 277 |
| Total Assets | 407 | 476 | 534 | 526 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 48 | 10 | 35 | 17 |
| Cash from Investing Activity | -41 | 6 | -39 | 10 |
| Cash from Financing Activity | -9 | -18 | 5 | -27 |
| Net Cash Flow | -2 | -2 | 1 | -1 |
| Free Cash Flow | 8 | 116 | 6 | 7 |
| CFO/OP | 96 | -95 | 102 | 71 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Debtor Days | 74 | 56 | 60 | 53 |
| Inventory Days | 76 | 69 | 87 | 76 |
| Days Payable | 77 | 50 | 68 | 51 |
| Cash Conversion Cycle | 73 | 74 | 79 | 77 |
| Working Capital Days | 66 | 70 | 81 | 86 |
| ROCE % | — | 21 | 13 | 12 |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:52:32.899Z.