Dialight

DIA · Main Market · Industrial Goods and Services · mcap £234m · 576.0p

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Financials · LTM to 31 Mar 26

Source: results 23 Jun 26 ↗

Revenue: £125m
Operating profit: £4.6m
Net income: £298k
Free cash flow: £17.9m
Net debt: £1.4m
Market cap: £233m
EV / EBIT: 50.7×
FCF yield: +7.7%
Price / book: 6.5×

Latest half-year · H1 Sep 25 vs H1 Sep 24 results 11 Nov 25 ↗

Revenue: £64.4m
Operating profit: £4.4m
Net income: £2.1m
Cash from operations: £10.5m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: FY Mar 26 (twelve months to 31 Mar 26), published 23 Jun 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	FY Mar 26	FY Mar 25
Revenue	124.5	143.8
Gross profit	48.6	52.1
Adjusted EBITDA	14.8	10.1
Adjusted operating profit	7.7	3.3
Exceptional / adjusting items	(3.0)	(16.9)
Operating profit	4.6	(9.1)
Depreciation (owned assets)	2.3	2.5
Depreciation (right-of-use)	1.9	2.0
Amortisation	1.7	2.0
Share-based payments	0.7	0.2
Finance costs	(1.8)	(2.0)
Profit before tax	2.8	(11.1)
Tax	(2.5)	0.4
Net income (owners)	0.3	(10.8)
EPS basic	0.8p	(26.8p)
EPS diluted	0.8p	(26.8p)

	H2 Mar 26	H1 Sep 25	H2 Mar 25	H1 Sep 24
Revenue	60.1	64.4	73.3	70.5
Gross profit	25.8	22.7	28.9	23.3
Adjusted EBITDA	7.6	7.2	6.1	4.1
Adjusted operating profit	3.6	4.1	2.6	0.7
Exceptional / adjusting items	(3.3)	0.3	2.9	(19.8)
Operating profit	0.2	4.4	6.0	(15.1)
Depreciation (owned assets)	1.3	1.0	1.4	1.1
Depreciation (right-of-use)	1.0	1.0	0.9	1.0
Amortisation	0.7	1.0	0.8	1.2
Share-based payments	0.5	0.2	0.2	0.1
Finance costs	(0.7)	(1.0)	(0.8)	(1.2)
Profit before tax	(0.5)	3.4	5.2	(16.2)
Tax	(1.1)	(1.3)	(1.6)	2.0
Net income (owners)	(1.8)	2.1	3.4	(14.2)
EPS basic	(4.5p)	5.2p	7.4p	(34.2p)
EPS diluted	(4.3p)	5.1p	7.4p	(34.2p)

	FY Mar 26	FY Mar 25
Cash from operations	23.4	6.2
Interest paid	(1.4)	(2.2)
Tax paid	(1.6)	(1.3)
Capex (PP&E)	(1.6)	(3.4)
Capex (intangibles)	(1.9)	(2.9)
Lease principal paid	(1.9)	(1.8)
Share buybacks	(0.1)	(0.2)

	H2 Mar 26	H1 Sep 25	H2 Mar 25	H1 Sep 24
Cash from operations	12.8	10.5	4.6	1.6
Interest paid	(0.4)	(1.0)	(1.0)	(1.2)
Tax paid	(1.0)	(0.7)	(0.8)	(0.5)
Capex (PP&E)	(1.0)	(0.7)	(0.7)	(2.7)
Capex (intangibles)	(0.4)	(1.5)	(1.5)	(1.4)
Lease principal paid	(1.0)	(0.9)	(0.9)	(0.9)
Share buybacks	(0.1)	0.0	(0.2)	0.0

	FY Mar 26	FY Mar 25
Goodwill	5.8	7.0
Other intangibles	5.8	7.0
Property, plant & equipment	9.3	10.4
Inventories	22.8	36.0
Trade receivables	21.1	26.5
Cash	5.4	6.1
Current assets	49.3	68.9
Total assets	76.9	101.9
Trade payables	24.5	31.0
Lease liabilities, current	2.0	1.9
Current liabilities	27.8	35.2
Borrowings, non-current	6.8	19.9
Lease liabilities, non-current	4.3	5.8
Total liabilities	41.1	65.4
Non-controlling interests	0.4	0.3
Total equity	35.8	36.6
Net cash / (debt) ex leases	(1.4)	(13.8)

	H2 Mar 26	H1 Sep 25	H2 Mar 25	H1 Sep 24
Goodwill	5.8	–	7.0	–
Other intangibles	5.8	7.1	7.0	6.3
Property, plant & equipment	9.3	9.6	10.4	10.7
Inventories	22.8	26.6	36.0	35.2
Trade receivables	21.1	21.7	26.5	23.1
Cash	5.4	7.7	6.1	5.5
Current assets	49.3	56.7	68.9	64.2
Total assets	76.9	85.7	101.9	99.5
Trade payables	24.5	22.4	31.0	23.2
Lease liabilities, current	2.0	1.9	1.9	1.9
Current liabilities	27.8	25.9	35.2	41.8
Borrowings, non-current	6.8	15.3	19.9	17.0
Lease liabilities, non-current	4.3	4.8	5.8	6.0
Total liabilities	41.1	48.9	65.4	65.3
Non-controlling interests	0.4	0.2	0.3	0.1
Total equity	35.8	36.8	36.6	34.1
Net cash / (debt) ex leases	(1.4)	(7.6)	(13.8)	(11.5)

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.