Income Statement Dev Labtech Venture Limited

Stocks

543848

INE0NIJ01025

Apparel & Accessories

End-of-day quote Bombay S.E. 15/09/2026			5-day change	1st Jan Change
19.08 ^INR	-2.05%		+2.53%	+0.13%

05-29	Dev Labtech Venture Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
11-12	Dev Labtech Venture Limited Reports Earnings Results for the Half Year Ended September 30, 2025	CI

2ce834902894b58704bf4547.91NCJ_zxrJUMOsxVyf-zykDQBOnyJjOBrTti7QFBmcA.phoRY8SV7tk4WJYCs86DjwmxKd7LTWLOzkE0m3l527WyaxZvv8fUo0J_-A

Published financial data: DEV LABTECH VENTURE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	269M	303M	432M	524M	1.67B
Total Revenues	269M	303M	432M	524M	1.67B
Cost of Goods Sold, Total	233M	228M	347M	413M	1.43B
Gross Profit	35.55M	75.43M	85.41M	111M	245M
Selling General & Admin Expenses, Total	13.02M	14.32M	17.63M	25.19M	21.72M
Depreciation & Amortization - (IS)	863K	5.55M	9.32M	11.1M	11.43M
Other Operating Expenses	16.96M	42.01M	39.05M	54.98M	112M
Other Operating Expenses, Total	30.84M	61.88M	66M	91.27M	145M
Operating Income	4.7M	13.55M	19.41M	19.62M	101M
Interest Expense, Total	-1.32M	-1.03M	-1.09M	-1.21M	-1.08M
Interest And Investment Income	1K	-	81K	30K	35K
Net Interest Expenses	-1.32M	-1.03M	-1.01M	-1.18M	-1.05M
Currency Exchange Gains (Loss)	1.25M	-	-	-	-
Other Non Operating Income (Expenses)	-76K	-11K	-89K	8K	237K
EBT, Excl. Unusual Items	4.56M	12.51M	18.31M	18.46M	99.87M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	43K
Other Unusual Items	1.14M	1.6M	-	-	-
EBT, Incl. Unusual Items	5.7M	14.1M	18.31M	18.46M	99.91M
Income Tax Expense	1.34M	3.91M	4.9M	5.52M	4.23M
Earnings From Continuing Operations	4.36M	10.19M	13.41M	12.94M	95.69M
Net Income to Company	4.36M	10.19M	13.41M	12.94M	95.69M
Net Income - (IS)	4.36M	10.19M	13.41M	12.94M	95.69M
Net Income to Common Incl Extra Items	4.36M	10.19M	13.41M	12.94M	95.69M
Net Income to Common Excl. Extra Items	4.36M	10.19M	13.41M	12.94M	95.69M
Per Share Items
Net EPS - Basic	0.21	0.31	0.41	0.33	2.02
Basic EPS - Continuing Operations	0.21	0.31	0.41	0.33	2.02
Basic Weighted Average Shares Outstanding	20.66M	33.08M	33.08M	39.46M	47.27M
Net EPS - Diluted	0.21	0.31	0.4	0.27	1.01
Diluted EPS - Continuing Operations	0.21	0.31	0.4	0.27	1.01
Diluted Weighted Average Shares Outstanding	20.66M	33.08M	33.08M	47.42M	94.54M
Normalized Basic EPS	0.14	0.24	0.35	0.29	1.32
Normalized Diluted EPS	0.14	0.24	0.35	0.24	0.66
Supplemental Items
EBITDA	5.57M	19.1M	28.72M	30.71M	112M
EBITA	4.7M	13.55M	19.41M	19.62M	101M
EBIT	4.7M	13.55M	19.41M	19.62M	101M
EBITDAR	-	-	-	30.73M	112M
Total Revenues (As Reported)	270M	303M	432M	524M	1.67B
Effective Tax Rate - (Ratio)	23.49	27.73	26.75	29.9	4.23
Current Domestic Taxes	-	2.43M	3.24M	6.13M	2.08M
Total Current Taxes	889K	2.43M	3.24M	6.13M	2.08M
Deferred Domestic Taxes	-	1.48M	1.66M	-611K	2.14M
Total Deferred Taxes	450K	1.48M	1.66M	-611K	2.14M
Normalized Net Income	2.85M	7.82M	11.44M	11.54M	62.42M
Interest on Long-Term Debt	624K	1.03M	1.09M	1.03M	1.08M
Non-Cash Pension Expense	-57.68K	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	261K	363K	187K	62K
Selling and Marketing Expenses	-	261K	363K	187K	62K
Net Rental Expense, Total	-	-	-	18K	5K
Imputed Operating Lease Interest Expense	-	-	-	16.02K	2.02K
Imputed Operating Lease Depreciation	-	-	-	1.98K	2.98K
Maintenance & Repair Expenses, Total	-	2K	2K	76K	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	669K	58.07M	1.74M	673K	3.71M
Total Cash And Short Term Investments	669K	58.07M	1.74M	673K	3.71M
Accounts Receivable, Total	40.76M	47.04M	19.13M	48.04M	813M
Total Receivables	40.76M	47.04M	19.13M	48.04M	813M
Inventory	40.44M	78.17M	199M	323M	749M
Prepaid Expenses	-	-	-	-	17M
Other Current Assets, Total	1.15M	11.27M	16.75M	17.14M	28.98M
Total Current Assets	83.02M	195M	236M	389M	1.61B
Gross Property Plant And Equipment	13.49M	54.61M	72.52M	74.79M	76.86M
Accumulated Depreciation	-9.74M	-13.12M	-22.44M	-25.95M	-37.36M
Net Property Plant And Equipment	3.74M	41.49M	50.09M	48.84M	39.5M
Other Intangibles, Total	-	-	-	28K	15K
Deferred Tax Assets Long-Term	1.92M	990K	-	-	-
Other Long-Term Assets, Total	136K	210K	211K	214K	-
Total Assets	88.82M	237M	287M	438M	1.65B
Liabilities
Accounts Payable, Total	54.75M	21.16M	5.07M	5.96M	1.1B
Accrued Expenses, Total	1.14M	12.77M	8.28M	5.78M	1.5M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	836K	550K	283K	474K	624K
Current Income Taxes Payable	889K	2.43M	3.24M	-	701K
Unearned Revenue Current, Total	-	13K	8K	-	-
Other Current Liabilities	-	180K	-1K	945K	5.66M
Total Current Liabilities	57.61M	37.1M	16.88M	13.16M	1.11B
Long-Term Debt	11.42M	10.75M	10.74M	10.19M	31.77M
Pension & Other Post Retirement Benefits	584K	598K	639K	2.67M	978K
Deferred Tax Liability Non Current	-	-	669K	58K	2.2M
Other Non Current Liabilities	-1K	-	-1K	-	1K
Total Liabilities	69.62M	48.45M	28.92M	26.08M	1.14B
Common Stock, Total	12.57M	82.71M	82.71M	113M	119M
Additional Paid In Capital	-	93.07M	93.07M	251M	280M
Retained Earnings	5.74M	12.12M	25.41M	38.35M	134M
Comprehensive Income and Other	899K	899K	56.58M	9.58M	-23.3M
Total Common Equity	19.21M	189M	258M	412M	509M
Total Equity	19.21M	189M	258M	412M	509M
Total Liabilities And Equity	88.82M	237M	287M	438M	1.65B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	15.71M	33.08M	38.48M	45.21M	47.45M
ECS Total Common Shares Outstanding	15.71M	33.08M	33.08M	45.21M	47.45M
Book Value / Share	1.22	5.71	7.79	9.11	10.73
Tangible Book Value	19.21M	189M	258M	412M	509M
Tangible Book Value Per Share	1.22	5.71	7.79	9.11	10.73
Total Debt	12.26M	11.3M	11.02M	10.67M	32.39M
Net Debt	11.59M	-46.77M	9.28M	9.99M	28.69M
Debt Equivalent of Unfunded Proj. Benefit Obligation	608K	-	-	-	-
Debt Equivalent Oper. Leases	-	-	-	144K	40K
Account Code - Inventory Valuation	5	8	8	3	3
Inventories - Raw Materials, Total	4.21M	2.35M	34.66M	45.74M	60.23M
Inventories - Finished Goods, Total	26.56M	74.34M	163M	277M	678M
Buildings, Total	5.32M	4.37M	4.48M	2.46M	2.46M
Machinery, Total	7.27M	47.42M	65.22M	72.33M	74.39M
Full Time Employees	-	68	53	66	30

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	4.36M	10.19M	13.41M	12.94M	95.69M
Depreciation & Amortization - CF	863K	5.55M	9.32M	11.09M	11.42M
Depreciation & Amortization, Total	863K	5.55M	9.32M	11.09M	11.42M
Amortization of Deferred Charges, Total - (CF)	-	-	-	13K	12K
(Gain) Loss From Sale Of Asset	-1.14M	-1.6M	-	-	-43K
Other Operating Activities, Total	2.76M	2.66M	2.04M	565K	1.8M
Change In Accounts Receivable	-10.89M	-6.28M	27.91M	-28.92M	-764M
Change In Inventories	-1.92M	-45.91M	-121M	-125M	-430M
Change In Accounts Payable	17.37M	-33.59M	-16.1M	669K	1.09B
Change in Other Net Operating Assets	-7.84M	11.76M	-8.24M	-2.13M	-23.57M
Cash from Operations	3.56M	-57.21M	-92.8M	-131M	-17.93M
Capital Expenditure	-170K	-43.86M	-17.91M	-9.88M	-2.08M
Sale of Property, Plant, and Equipment	3.8M	2.15M	-	-	43K
Other Investing Activities, Total	1K	-	81K	30K	36K
Cash from Investing	3.63M	-41.7M	-17.83M	-9.85M	-2M
Short Term Debt Issued, Total	-	-	-	-	624K
Long-Term Debt Issued, Total	-	-	-	-	12.9M
Total Debt Issued	-	-	-	-	13.52M
Short Term Debt Repaid, Total	-3.08M	-286K	-267K	-	-
Long-Term Debt Repaid, Total	-2.42M	-668K	-16K	-354K	-
Total Debt Repaid	-5.5M	-954K	-283K	-354K	-
Issuance of Common Stock	-	158M	-	141M	34.72M
Other Financing Activities, Total	-1.32M	-1.03M	54.59M	-1.21M	-25.28M
Cash from Financing	-6.81M	156M	54.3M	139M	22.96M
Miscellaneous Cash Flow Adjustments	-	1K	1K	-	-
Net Change in Cash	382K	57.4M	-56.33M	-1.07M	3.03M
Supplemental Items
Cash Interest Paid	1.32M	1.03M	1.09M	1.21M	1.08M
Cash Income Tax Paid (Refund)	109K	2.32M	3.74M	6.13M	3.47M
Levered Free Cash Flow	45.88K	-105M	-115M	-145M	-54.43M
Unlevered Free Cash Flow	870K	-104M	-115M	-144M	-53.75M
Change In Net Working Capital	2.76M	74.43M	118M	157M	126M
Net Debt Issued / Repaid	-5.5M	-954K	-283K	-354K	13.52M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	3.67	5.19	4.63	3.39	6.02
Return on Total Capital	9.18	7.28	5.17	3.55	13.06
Return On Equity %	25.62	9.75	6.01	3.87	20.78
Return on Common Equity	25.62	9.75	6.01	3.87	20.78
Margin Analysis
Gross Profit Margin %	13.24	24.86	19.76	21.16	14.68
SG&A Margin	4.85	4.72	4.08	4.81	1.3
EBITDA Margin %	2.07	6.3	6.65	5.86	6.71
EBITA Margin %	1.75	4.47	4.49	3.74	6.02
EBIT Margin %	1.75	4.47	4.49	3.74	6.02
Income From Continuing Operations Margin %	1.62	3.36	3.1	2.47	5.72
Net Income Margin %	1.62	3.36	3.1	2.47	5.72
Net Avail. For Common Margin %	1.62	3.36	3.1	2.47	5.72
Normalized Net Income Margin	1.06	2.58	2.65	2.2	3.73
Levered Free Cash Flow Margin	0.02	-34.58	-26.67	-27.58	-3.26
Unlevered Free Cash Flow Margin	0.32	-34.37	-26.51	-27.43	-3.22
Asset Turnover
Asset Turnover	3.35	1.86	1.65	1.45	1.6
Fixed Assets Turnover	49.53	13.41	9.44	10.6	37.85
Receivables Turnover (Average Receivables)	7.6	6.91	13.06	15.61	3.88
Inventory Turnover (Average Inventory)	6.58	3.84	2.5	1.58	2.68
Short Term Liquidity
Current Ratio	1.44	5.24	14.01	29.54	1.46
Quick Ratio	0.72	2.83	1.24	3.7	0.74
Operating Cash Flow to Current Liabilities	0.06	-1.54	-5.5	-9.93	-0.02
Days Sales Outstanding (Average Receivables)	48.01	52.81	28.01	23.39	94.11
Days Outstanding Inventory (Average Inventory)	55.49	94.94	146.13	230.35	135.97
Average Days Payable Outstanding	69.19	52.14	10.27	3.75	108.44
Cash Conversion Cycle (Average Days)	34.31	95.62	163.88	250	121.64
Long Term Solvency
Total Debt/Equity	63.82	5.99	4.28	2.59	6.36
Total Debt / Total Capital	38.96	5.65	4.1	2.53	5.98
LT Debt/Equity	59.47	5.7	4.17	2.48	6.24
Long-Term Debt / Total Capital	36.3	5.37	3.99	2.41	5.87
Total Liabilities / Total Assets	78.38	20.42	10.09	5.96	69.16
EBIT / Interest Expense	3.57	13.12	17.82	16.27	92.8
EBITDA / Interest Expense	4.22	18.49	26.38	25.47	103.32
(EBITDA - Capex) / Interest Expense	4.1	-23.97	9.93	17.27	101.4
Total Debt / EBITDA	2.2	0.59	0.38	0.35	0.29
Net Debt / EBITDA	2.08	-2.45	0.32	0.33	0.26
Total Debt / (EBITDA - Capex)	2.27	-0.46	1.02	0.51	0.29
Net Debt / (EBITDA - Capex)	2.15	1.89	0.86	0.48	0.26
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	119.4	12.46	42.47	21.27	218.96
Gross Profit, 1 Yr. Growth %	-4.45	104.98	13.23	29.83	121.38
EBITDA, 1 Yr. Growth %	93	175.04	50.4	6.91	265.3
EBITA, 1 Yr. Growth %	159.09	122.84	43.22	1.11	413.46
EBIT, 1 Yr. Growth %	159.09	122.84	43.22	1.11	413.46
Earnings From Cont. Operations, 1 Yr. Growth %	1.1K	106.23	31.6	-3.54	639.59
Net Income, 1 Yr. Growth %	1.1K	106.23	31.6	-3.54	639.59
Normalized Net Income, 1 Yr. Growth %	735.71	160.73	46.41	0.79	441.13
Diluted EPS Before Extra, 1 Yr. Growth %	1.1K	-2.02	-5.81	-32.72	271.56
Accounts Receivable, 1 Yr. Growth %	36.46	15.4	-59.34	151.17	1.57K
Inventory, 1 Yr. Growth %	33.03	93.44	154.27	62.41	138.59
Net Property, Plant and Equip., 1 Yr. Growth %	-47.27	1.01K	20.71	-2.49	-19.13
Total Assets, 1 Yr. Growth %	24.45	165.46	20.84	52.7	275.52
Tangible Book Value, 1 Yr. Growth %	29.38	831.36	36.53	59.7	23.69
Common Equity, 1 Yr. Growth %	29.38	831.36	36.53	59.71	23.69
Cash From Operations, 1 Yr. Growth %	-552.86	-3.31K	62.21	40.78	-86.18
Capital Expenditures, 1 Yr. Growth %	82.8	25.7K	-59.16	-44.83	-78.99
Levered Free Cash Flow, 1 Yr. Growth %	-101.61	-10.89K	9.86	25.41	-62.4
Unlevered Free Cash Flow, 1 Yr. Growth %	-146.6	-5.9K	9.89	25.5	-62.68
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	50.92	57.45	26.58	31.44	96.67
Gross Profit, 2 Yr. CAGR %	-16.82	42.39	52.35	21.25	69.54
EBITDA, 2 Yr. CAGR %	21.43	157.3	103.38	26.81	97.55
EBITA, 2 Yr. CAGR %	43.9	173.17	78.65	20.34	127.76
EBIT, 2 Yr. CAGR %	43.9	173.17	78.65	20.34	127.76
Earnings From Cont. Operations, 2 Yr. CAGR %	3.2K	428.42	64.74	12.67	167.1
Net Income, 2 Yr. CAGR %	3.2K	428.42	64.74	12.67	167.1
Normalized Net Income, 2 Yr. CAGR %	212.92	378.61	95.38	21.48	133.54
Diluted EPS Before Extra, 2 Yr. CAGR %	3.21K	317.62	13.5	-20.39	58.11
Accounts Receivable, 2 Yr. CAGR %	33.91	25.49	-31.5	1.06	552.06
Inventory, 2 Yr. CAGR %	6.56	60.36	121.78	103.22	94.1
Net Property, Plant and Equip., 2 Yr. CAGR %	-31.92	141.77	265.81	8.49	-11.2
Total Assets, 2 Yr. CAGR %	11.75	82.32	79.1	35.84	140
Tangible Book Value, 2 Yr. CAGR %	15.18	256.62	256.6	47.66	40.55
Common Equity, 2 Yr. CAGR %	15.18	256.62	256.6	47.67	40.55
Cash From Operations, 2 Yr. CAGR %	9.71	752.61	621.65	51.12	-56.04
Capital Expenditures, 2 Yr. CAGR %	-3.09	2.07K	926.42	-52.53	-65.95
Levered Free Cash Flow, 2 Yr. CAGR %	-82	506.89	988.96	17.38	-31.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	-40.07	647.51	698.38	17.43	-31.51
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.15	37.04	52.29	24.78	76.63
Gross Profit, 3 Yr. CAGR %	-14.95	13.66	31.92	44.44	48.19
EBITDA, 3 Yr. CAGR %	35.38	71.66	115.13	64.15	80.38
EBITA, 3 Yr. CAGR %	96.77	81.35	120.27	47.78	95.13
EBIT, 3 Yr. CAGR %	96.77	81.35	120.27	47.78	95.13
Earnings From Cont. Operations, 3 Yr. CAGR %	78.21	1.27K	232.46	37.82	110.96
Net Income, 3 Yr. CAGR %	78.21	1.27K	232.46	37.82	110.96
Normalized Net Income, 3 Yr. CAGR %	93.59	199.4	222.48	56.7	99.88
Diluted EPS Before Extra, 3 Yr. CAGR %	62.67	1.07K	184.1	-4.66	33.04
Accounts Receivable, 3 Yr. CAGR %	72.49	27.43	-13.81	5.63	158.58
Inventory, 3 Yr. CAGR %	7.17	29.96	87	99.9	112.38
Net Property, Plant and Equip., 3 Yr. CAGR %	-26.42	72.56	91.8	135.43	-1.63
Total Assets, 3 Yr. CAGR %	17.35	49.42	58.96	69.83	90.93
Tangible Book Value, 3 Yr. CAGR %	9.9	135.37	158.95	172.83	39.2
Common Equity, 3 Yr. CAGR %	9.9	135.37	158.95	172.83	39.2
Cash From Operations, 3 Yr. CAGR %	-23.47	168.34	390.38	318.53	-32.07
Capital Expenditures, 3 Yr. CAGR %	-66.23	523.43	477.48	287.36	-63.83
Levered Free Cash Flow, 3 Yr. CAGR %	-	320.1	243.31	429.8	-19.65
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	250.51	294.52	330.87	-19.82
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	10.75	34.77	68.69
Gross Profit, 5 Yr. CAGR %	-	-	8.13	16.63	45.84
EBITDA, 5 Yr. CAGR %	-	-	66.51	52.07	107.92
EBITA, 5 Yr. CAGR %	-	-	99.28	53.91	123.24
EBIT, 5 Yr. CAGR %	-	-	99.28	53.91	123.24
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	77.06	403.46	204.59
Net Income, 5 Yr. CAGR %	-	-	77.06	403.46	204.59
Normalized Net Income, 5 Yr. CAGR %	-	-	96.26	108.71	183.43
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	52.54	326.54	124.73
Accounts Receivable, 5 Yr. CAGR %	-	-	19.22	16.15	93.64
Inventory, 5 Yr. CAGR %	-	-	43.34	55.41	89.8
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	39.75	43.33	40.95
Total Assets, 5 Yr. CAGR %	-	-	39.15	43.83	87.44
Tangible Book Value, 5 Yr. CAGR %	-	-	77.89	95.33	102.8
Common Equity, 5 Yr. CAGR %	-	-	77.89	95.33	102.8
Cash From Operations, 5 Yr. CAGR %	-	-	63.46	113.27	86.87
Capital Expenditures, 5 Yr. CAGR %	-	-	32.32	122.55	86.1
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	152.26	80.4
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	126.33	95.84