GHCL Limited — Quarter ended March 31, 2026; Year ended March 31, 2026
| S. No. | Particulars | Quarter Ended | Year Ended |
|---|---|---|---|
| 31.03.2026 Audited (Refer Note 7) | 31.12.2025 Unaudited | ||
| 1 | Income | ||
| (a) Revenue from operations | 790.51 | 756.54 | |
| (b) Other income | 17.93 | 16.79 | |
| Total income | 808.44 | 773.33 | |
| 2 | Expenses | ||
| a) Cost of raw materials consumed | 226.99 | 203.41 | |
| b) Purchase of stock-in-trade | 52.16 | 39.68 | |
| c) (Increase)/decrease in inventories of finished goods, stock-in-trade and work-in-progress | 11.86 | 46.59 | |
| d) Power, fuel and water expenses | 152.61 | 145.26 | |
| e) Employee benefits expenses | 27.58 | 29.50 | |
| f) Finance costs | 1.87 | 2.64 | |
| g) Depreciation and amortisation expense | 27.49 | 28.78 | |
| h) Other expenses | 143.69 | 133.40 | |
| Total expenses | 644.25 | 629.26 | |
| 3 | Profit before tax (1-2) | 164.19 | 144.07 |
| 4 | Tax expenses: | ||
| (a) Current tax | 40.61 | 36.07 | |
| (b) Current tax adjustment for earlier years | (0.20) | – | |
| (c) Deferred tax (credit)/charge | 3.81 | 1.30 | |
| (d) Deferred tax adjustment for earlier years | – | – | |
| Total tax expenses | 44.22 | 37.37 | |
| 5 | Net Profit for the period/year (3-4) | 119.97 | 106.70 |
| Other Comprehensive Income/(loss) : | |||
| (a) Re-measurement gains/(losses) on defined benefit plans – not to be reclassified subsequently to profit & loss | 0.85 | (0.94) | |
| (b) Income tax effect on above | (0.21) | 0.24 | |
| (c) Re-measurement gains/(losses) on investments in equity instruments classified as FVOCI – not to be reclassified subsequently to profit & loss | (4.95) | 0.76 | |
| (d) Income tax effect on above | 0.74 | (0.10) | |
| 6 | Other Comprehensive income/(loss) net of tax – not to be reclassified subsequently to profit & loss | (3.57) | (0.04) |
| 7 | Total Comprehensive income comprising profit after tax and other Comprehensive income (5+6) | 116.40 | 106.66 |
| 8 | Other Equity as per the audited balance sheet | ||
| 3,459.96 | |||
| 9 | Paid up equity share capital (face value of ₹10/- each) | 91.93 | 91.93 |
| 10 | Earnings per share (face value of ₹10/- each) (Not Annualised) | ||
| (a) Basic | 12.73 | 11.34 | |
| (b) Diluted | 12.73 | 11.33 |
| Particulars | (₹ in crores) As at | 31.03.2026 Audited | 31.03.2025 Audited |
|---|---|---|---|
| I Assets | |||
| Non-current assets | |||
| a Property, plant and equipment | 1,787.55 | 1,807.46 | |
| b Capital work-in-progress | 449.56 | 255.61 | |
| c Intangible assets | 17.08 | 19.40 | |
| d Right-of-use assets | 16.20 | 16.92 | |
| e Investment in subsidiary | – | 0.00 | |
| f Financial assets | |||
| (i) Other investments | 13.72 | 17.14 | |
| (ii) Loans | 0.35 | 0.59 | |
| (iii) Other financial assets | 24.67 | 19.03 | |
| g Non current tax assets (net) | 44.82 | 37.73 | |
| h Other-non current assets | 24.78 | 57.94 | |
| Total non-current assets | 2,378.73 | 2,231.82 | |
| Current assets | |||
| a Inventories | 596.77 | 625.65 | |
| b Financial assets | |||
| (i) Other investments | 1,028.14 | 634.18 | |
| (ii) Trade receivables | 173.02 | 209.75 | |
| (iii) Cash and cash equivalents | 44.12 | 98.34 | |
| (iv) Bank balances other than cash and cash equivalents | 45.80 | 347.27 | |
| (v) Loans | 0.90 | 1.05 | |
| (vi) Derivative instruments | 4.25 | – | |
| (vii) Other financial assets | 0.87 | 5.72 | |
| c Other current assets | 27.11 | 25.55 | |
| Total current assets | 1,920.98 | 1,947.51 | |
| Total Assets | 4,299.71 | 4,179.33 | |
| II Equity and liabilities | |||
| Equity | |||
| a Equity share capital | 91.93 | 95.75 | |
| b Other equity | 3,459.96 | 3,387.03 | |
| Total equity | 3,551.89 | 3,482.78 | |
| Liabilities | |||
| Non-current liabilities | |||
| a Financial liabilities | |||
| (i) Borrowings | 34.20 | 61.53 | |
| (ii) Lease liabilities | 18.80 | 19.05 | |
| b Provisions | 6.95 | 5.72 | |
| c Deferred tax liabilities (net) | 249.43 | 242.11 | |
| Total non-current liabilities | 309.38 | 328.41 | |
| Current liabilities | |||
| a Financial liabilities | |||
| (i) Borrowings | 27.93 | 35.98 | |
| (ii) Lease liabilities | 2.37 | 2.34 | |
| (iii) Trade payables | |||
| (a) Total outstanding dues of micro enterprises and small enterprises | 55.42 | 35.40 | |
| (b) Total outstanding dues of creditors other than micro enterprises and small enterprises | 224.87 | 129.76 | |
| (iv) Derivative instruments | – | 2.52 | |
| (v) Other financial liabilities | 64.73 | 87.77 | |
| b Other current liabilities | |||
| (i) Contract liabilities | 5.83 | 3.99 | |
| (ii) Other current liabilities | 40.73 | 53.89 | |
| c Provisions | 16.56 | 16.49 | |
| Total current liabilities | 438.44 | 368.14 | |
| Total liabilities | 747.82 | 696.55 | |
| Total equity and liabilities | 4,299.71 | 4,179.33 |
| Particulars | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
|---|---|---|
| Audited | Audited | |
| Operating activities | ||
| Profit before tax | 648.68 | 838.15 |
| Adjustments to reconcile profit before tax to net cash flows : | ||
| Depreciation and amortisation expense | 110.81 | 111.54 |
| (Gain)/loss on fair valuation/profit on sale of investments (net) | (46.37) | (43.02) |
| Provision for doubtful debts | 1.80 | – |
| Loss on sales/discard of property, plant and equipment (net) | 0.04 | (8.66) |
| Interest (income) | (18.92) | (32.85) |
| Finance costs | 8.53 | 15.78 |
| Dividend (income) | (0.27) | (0.20) |
| Gain on lease modification | (0.56) | – |
| Income from subsidary company | (6.66) | – |
| Employees share based payments | (0.18) | – |
| Unrealised exchange loss/(gain) | (3.08) | 2.21 |
| Operating profit before working capital changes | 693.82 | 882.95 |
| Adjustments in working capital | ||
| Adjustments for (Increase)/decrease in Operating assets: | ||
| Trade receivables | 35.61 | (30.12) |
| Inventories | 28.88 | 25.42 |
| Other current financial assets | 0.24 | 0.51 |
| Other current assets | (1.56) | 6.45 |
| Non-current financial assets | 0.21 | (0.24) |
| Other non-current assets | (0.15) | 0.17 |
| Adjustments for Increase/(decrease) in Operating liabilities: | ||
| Contract liabilities | 1.84 | 0.68 |
| Trade payables | 110.76 | (27.88) |
| Other current financial liabilities | (6.10) | 4.43 |
| Other current liabilities | (13.16) | (3.08) |
| Provisions | (0.67) | 3.87 |
| Cash flow generated from operations | 849.72 | 863.16 |
| Income tax paid (net) | (168.79) | (225.46) |
| Net cash flow generated from operating activities (A) | 680.93 | 637.70 |
| Cash flow from investing activities | ||
| Payment for purchase of Property, plant and equipment, capital work in progress and intangible assets (Including capital advances and capital creditors) | (263.67) | (314.89) |
| Proceeds from sale of Property, plant and equipment | 0.08 | 13.00 |
| Proceeds from sales of current investments | 1,352.08 | 1,770.50 |
| Purchase of current investments | (1,699.66) | (1,955.16) |
| Purchase of non-current investments | – | (0.25) |
| Proceeds of income from subsidiary company | 6.66 | – |
| Proceeds from maturity of bank deposits not considered as cash and cash equivalents | 465.74 | 439.71 |
| Investment in bank deposits not considered as cash and cash equivalents | (169.16) | (342.50) |
| Interest received | 23.68 | 31.73 |
| Dividend received | 0.27 | 0.20 |
| Net cash flow (used in) investing activities (B) | (283.98) | (357.66) |
| Cash flow from financing activities | ||
| Proceeds from issue of equity shares (including securities premium) | 11.97 | 1.10 |
| Buyback of equity share capital | (302.23) | – |
| Dividend paid | (114.73) | (114.35) |
| Repayment of long-term borrowings | (35.32) | (99.43) |
| Payment of lease liabilities | (1.44) | (1.58) |
| Interest paid on lease liabilities | (1.97) | (1.84) |
| Interest paid | (7.45) | (14.22) |
| Net cash flow (used in) financing activities (C) | (451.17) | (230.32) |
| Net increase/(decrease) in cash and cash equivalents (A+B+C) | (54.22) | 49.72 |
| Add: Cash and cash equivalents at the beginning of the year | 98.34 | 48.62 |
| Cash |