Rubicon Research Limited (BOM:544578)

India · Delayed Price · Currency is INR

1,492.60

-3.10 (-0.21%)

At close: Jul 31, 2026

Rubicon Research Financials Overview

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	17,540	17,540	12,843	8,539	3,935	3,136
Revenue Growth	105.41%	36.57%	50.40%	116.99%	25.50%	-0.36%
Gross Profit	11,979	11,979	8,950	5,675	2,675	2,292
Operating Income	3,550	3,550	2,192	1,186	-176.28	-731.74
Net Income	2,467	2,467	1,344	910.12	-168.88	-671.18
Earnings Per Share	15.31	15.31	8.68	5.91	-1.11	-4.41
EPS Growth	159.05%	76.38%	46.87%	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
India	99.67	109.92	118.31	54.94
USA	12,649	8,317	3,670	2,912
Others	93.82	111.84	147.25	168.46
Total	12,843	8,539	3,935	3,136

Cash & Debt

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	3,460	3,460	1,050	506.05	544.27	386.71
Total Debt	3,110	3,110	4,347	4,412	3,197	1,750
Net Cash (Debt)	350.1	350.1	-3,297	-3,906	-2,652	-1,363
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	2.17	2.17	-21.30	-25.37	-17.44	-8.96

Cash Flow & CapEx

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	2,050	2,050	1,592	210.1	-747.49	-626.34
Capital Expenditures	-2,292	-2,292	-702.24	-561.44	-444.64	-545.01
Free Cash Flow	-241.25	-241.25	889.54	-351.34	-1,192	-1,171
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Gross Margin	68.30%	68.30%	69.69%	66.46%	67.97%	73.10%
Operating Margin	20.24%	20.24%	17.07%	13.89%	-4.48%	-23.34%
Pretax Margin	18.27%	18.27%	15.15%	12.05%	-2.81%	-21.08%
Profit Margin	14.07%	14.07%	10.46%	10.66%	-4.29%	-21.40%
FCF Margin	-1.38%	-1.38%	6.93%	-4.12%	-30.29%	-37.36%

Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 2, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
PE Ratio	99.56	51.60	-	-	-	-
PS Ratio	14.01	7.26	-	-	-	-