Recode Studios
RECODE BSE
Recode Studios
FMCG BSE: RECODE Personal Care
Key Fundamentals
SMEPersonal CareFMCGMarket Cap
₹396 Cr
Volatility
High Risk
P/E Ratio
0
EBITDA
₹16.54 Cr
Return on Equity
37.64%
Debt to Equity
0.3
Book Value
₹60.68
52W High
₹363.3
52W Low
₹171
Tapetide Score
Data-driven rating, 0–100. How it works →
Growth Rate
Revenue Growth
66.91% higher than
3Y
Net Income Growth
236% higher than
3Y
Cash Flow Change
291% higher than
3Y
ROE
651% higher than
3Y
ROCE
228% higher than
3Y
EBITDA Margin (Avg.)
57.95% lower than
3Y
Quarterly Results
| Particulars | Mar 2025 | Mar 2026 |
|---|---|---|
| Sales | 29 | 43 |
| Expenses | 25 | 32 |
| Operating Profit | 4 | 11 |
| OPM % | 12% | 25% |
| Other Income | 0 | 0 |
| Interest | 1 | 0 |
| Depreciation | 0 | 1 |
| PBT | 3 | 10 |
| Tax % | 34% | 25% |
| Net Profit | 2 | 7 |
| EPS in Rs | 1,731 | 9.02 |
Profit & Loss
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 22 | 37 | 48 | 80 |
| Expenses | 21 | 35 | 42 | 63 |
| Operating Profit | 1 | 2 | 6 | 17 |
| OPM % | 7% | 4.6% | 13% | 21% |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 1 |
| PBT | 1 | 0 | 4 | 15 |
| Tax % | 26% | 26% | 26% | 25% |
| Net Profit | 1 | 0 | 3 | 11 |
| EPS in Rs | 663 | 260 | 3,173 | 13.78 |
| Div. Payout % | 0% | 0% | 0% | 2% |
Balance Sheet
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 8 |
| Reserves | 5 | 5 | 9 | 12 |
| Borrowings | 4 | 8 | 8 | 6 |
| Other Liabilities | 4 | 3 | 7 | 9 |
| Total Liabilities | 13 | 17 | 23 | 35 |
| Fixed Assets | 1 | 2 | 2 | 3 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 12 | 15 | 21 | 32 |
| Total Assets | 13 | 17 | 23 | 35 |
Cash Flow
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Operating | -5 | -2 | 3 | 4 |
| Investing | -1 | -2 | -1 | -2 |
| Financing | 6 | 3 | -1 | -2 |
| Net Cash Flow | 0 | 0 | 1 | 0 |
| Free Cash Flow | -6 | -3 | 2 | 3 |
| CFO/OP | -342 | -90 | 63 | 73 |
Ratios
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 54 | 59 | 62 | 70 |
| Inventory Days | 177 | 134 | 171 | 128 |
| Days Payable | 89 | 30 | 77 | 56 |
| Cash Conversion Cycle | 142 | 163 | 155 | 142 |
| Working Capital Days | 94 | 59 | 60 | 75 |
| ROCE % | — | 12% | 38% | 74% |
Documents
Frequently Asked Questions about Recode Studios
Where is Recode Studios (RECODE) listed?
Recode Studios trades under code RECODE on the BSE.
Which sector does Recode Studios belong to?
Recode Studios is classified under the FMCG sector, in the Personal Care industry.
What is the market capitalisation of Recode Studios?
Recode Studios has a market capitalisation of ₹395.96 Cr, which places it in the Small Cap band.
What is the PE ratio of Recode Studios?
Recode Studios trades at a PE ratio of 0.00, against a book value of ₹60.68 per share.
What is the 52-week high and low of Recode Studios?
Over the last 52 weeks Recode Studios has traded between ₹171 and ₹363.3.
Does Recode Studios pay dividends?
Recode Studios has a dividend yield of 0.07%.
What is the Return on Equity (ROE) of Recode Studios?
Recode Studios reported a return on equity of 37.64%. Its debt-to-equity ratio is 0.30.
Company Information
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