Revenue and Operating Performance Trends
Over the past seven years, Unjha Formul.'s net sales have demonstrated notable volatility. The company recorded a peak in total operating income in the fiscal year ending March 2024, followed by a decline in the subsequent year. Earlier years showed moderate growth from fiscal 2019 to 2021, with sales rising from just over ₹11 crores to nearly ₹10 crores, before surging to above ₹18 crores in 2024. However, the latest fiscal year saw a contraction to under ₹14 crores, indicating challenges in sustaining top-line momentum.
Raw material costs have consistently represented the largest expenditure, closely tracking revenue fluctuations. These costs peaked alongside sales in 2024 but decreased in line with the revenue dip in 2025. Em...
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