Home › Quarterly results › Chemicals
Chemicals: Q1 FY27 results (April-June 2026)
83 companies have declared Chemicals Q1 FY27 results so far, the latest on 14 Aug 2026.
Across the 83 non-financial companies with a year-ago quarter to compare, sales grew +25.3% and net profit +46.5% year on year, and the combined operating margin widened 300 bps to 17.9%.
80% of companies grew net profit; 3 turned a loss into a profit; 69% beat their own profit trend and 17% fell short of it.
Latest results
Results calendar
Q2 FY27 Q1 FY27 Q4 FY26 Q3 FY26 Q2 FY26
Chemicals Q1 FY27 scoreboard
Sales growth
+25.3%
YoY, 83 companies combined; median +22.3%
Net profit growth
+46.5%
YoY combined; median +60.1%
Operating margin
17.9%
+300 bps YoY
Grew profit
80%
3 turnarounds, 2 into loss
Vs own profit trend
69% / 17%
above / below, 14% in line
Price since results
-2.7%
median; 42% of 74 stocks up
Other-income heavy
11
25%+ of pre-tax profit from other income & one-offs
Latest Chemicals Q1 FY27 results 83
Page 3 of 3
Tap ☆ on any company to add it to My companies. Your list stays in this browser.
M Cap ₹943 Cr
P/E 65.6
PEG —
Since results -1.2%
Profit +999% above its own trend Operating margin expanded 615 bps YoY Core business grew faster than reported profit (core profit +798%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+34.4% +50.6%
176 117 131 Operating profit
+241.6% +122.5%
17.9 8.0 5.2 OPM %
+615 bps +328 bps
10.1% 6.9% 4.0% Other income
+167.3% -35.6%
0.3 0.5 0.1 Net profit
+755.9% +171.4%
10.0 3.7 1.2 PAT margin %
+479 bps +253 bps
5.7% 3.2% 0.9% EPS (₹)
+783.3% +180.9%
7.95 2.83 0.90
Quality of profit
Pre-tax profit ₹13.6 Cr: core business ₹13.3 Cr, other income ₹0.3 Cr.
Core profit YoY: +797.9%
· reported profit +755.9%
Cash & debt
FY26 cash from operations ₹42.0 Cr:
759% of FY26 net profit of ₹5.5 Cr.
Borrowings ₹84.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹110 ₹176
+59.4% above Net profit ₹0.6 ₹10.0
+999.0% above
AI read of the filing 755% YoY PAT Growth: Fairchem Organics Reports Strong Q1 FY27 Results Positive Revenue from operations grew 34.4% YoY to ₹176.15 cr and 50.6% QoQ from ₹116.93 cr. Net profit (PAT) reached ₹10.01 cr, a massive jump from ₹1.17 cr in June 2025. Quarterly EPS stood at ₹7.95, compared to ₹0.90 in the same quarter last year. Full analysis →
M Cap ₹7,145 Cr
P/E 200.9
PEG —
Since results +18.6%
Profit +164% above its own trend Operating margin expanded 240 bps YoY Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+34.0% +1.5%
250 247 187 Operating profit
+53.1% +9.8%
48.2 43.9 31.5 OPM %
+240 bps +146 bps
19.3% 17.8% 16.9% Other income
+230.1% +314.3%
4.1 1.0 1.2 Net profit
+66.8% +50.2%
17.1 11.4 10.3 PAT margin %
+134 bps +222 bps
6.8% 4.6% 5.5% EPS (₹)
+61.7% +45.6%
6.29 4.32 3.89
Quality of profit
Pre-tax profit ₹23.3 Cr: core business ₹19.2 Cr, other income ₹4.1 Cr.
Core profit YoY: +47.2%
· reported profit +66.8%
Cash & debt
FY26 cash from operations −₹231 Cr:
-805% of FY26 net profit of ₹28.7 Cr.
Borrowings ₹1,395 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹203 ₹250
+23.5% above Net profit ₹6.5 ₹17.1
+164.0% above
AI read of the filing Neogen Chemicals approves Rs 600 Cr fundraise and sets Aug 13 as dividend record date Positive Approved fundraise of up to Rs 600 crore via QIP or other permissible modes Set August 13, 2026, as the record date for final dividend eligibility Subsidiary Neogen Morita New Materials to increase borrowing powers to Rs 500 crore Full analysis →
M Cap ₹17,319 Cr
P/E 21.4
PEG 2.37
Since results -2.8%
Profit +42% above its own trend Operating margin expanded 533 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+25.0% +10.7%
1,848 1,670 1,478 Operating profit
+66.8% +40.0%
394 281 236 OPM %
+533 bps +447 bps
21.3% 16.8% 16.0% Other income
+19.0% -63.8%
33.3 92.0 28.0 Net profit
+91.8% +20.3%
254 211 132 PAT margin %
+479 bps +111 bps
13.7% 12.6% 9.0% EPS (₹)
+92.0% +16.7%
83.32 71.38 43.40
Quality of profit
Pre-tax profit ₹347 Cr: core business ₹311 Cr, other income ₹33.3 Cr, exceptional & other items ₹2.1 Cr.
Core profit YoY: +109.0%
· reported profit +91.8%
Cash & debt
FY26 cash from operations ₹1,023 Cr:
148% of FY26 net profit of ₹689 Cr.
Borrowings ₹183 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1,650 ₹1,848
+12.0% above Net profit ₹179 ₹254
+41.9% above
AI read of the filing 92% YoY PAT Growth: Atul Ltd Reports Strong Q1 FY27 Results; Appoints New Director Positive Consolidated revenue from operations increased 25% YoY to ₹1,847.95 Cr from ₹1,478.00 Cr. Consolidated Net Profit jumped 91.8% YoY to ₹253.93 Cr compared to ₹132.36 Cr in Q1 FY26. Consolidated EPS for the quarter stood at ₹83.32, nearly doubling from ₹43.40 YoY. Full analysis →
M Cap ₹314 Cr
P/E —
PEG —
Since results +43.1%
Profit +234% above its own trend Operating margin expanded 600 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+45.8% +41.6%
230 163 158 Operating profit
+184.0% +126.6%
28.4 12.5 10.0 OPM %
+600 bps +462 bps
12.3% 7.7% 6.3% Other income
+36.2% +60.2%
1.4 0.8 1.0 Net profit
+243.1% +120.6%
20.6 9.3 6.0 PAT margin %
+514 bps +320 bps
8.9% 5.7% 3.8% EPS (₹)
+220.6% +120.8%
4.04 1.83 1.26
Quality of profit
Pre-tax profit ₹27.6 Cr: core business ₹26.9 Cr, other income ₹1.4 Cr, exceptional & other items −₹0.6 Cr.
Core profit YoY: +198.5%
· reported profit +243.1%
Cash & debt
FY26 cash from operations ₹44.0 Cr.
Borrowings ₹23.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹146 ₹230
+58.2% above Net profit ₹6.2 ₹20.6
+234.4% above
AI read of the filing GP Petroleums Q1 PAT Surges 229% to ₹21.19 Cr; ₹0.50 Dividend Recommended Positive Revenue from operations increased 45.5% YoY to ₹230.33 Cr from ₹158.30 Cr in June 2025. Net profit after tax jumped to ₹21.19 Cr, representing approximately 73% of the entire previous TTM PAT in a single quarter. Manufacturing segment revenue grew significantly to ₹182.34 Cr from ₹122.68 Cr in the year-ago period. Full analysis →
M Cap ₹4,446 Cr
P/E 67.0
PEG —
Since results -6.7%
Turnaround: profit against a loss a year ago Operating margin expanded 921 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+12.6% +10.7%
1,245 1,125 1,105 Operating profit
+133.3% +101.5%
222 110 95.0 OPM %
+921 bps +803 bps
17.8% 9.8% 8.6% Other income
-4.4% -69.4%
7.7 25.0 8.0 Net profit
from loss +266.5%
55.0 15.0 -13.8 PAT margin %
+566 bps +308 bps
4.4% 1.3% -1.2% EPS (₹)
from loss +267.2%
7.49 2.04 -1.88
Quality of profit
Pre-tax profit ₹112 Cr: core business ₹102 Cr, other income ₹7.7 Cr, exceptional & other items ₹1.6 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹406 Cr.
Borrowings ₹575 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1,182 ₹1,245
+5.3% above
AI read of the filing ₹54.98 Cr Q1 Net Profit: GUJALKALI reports turnaround and ₹55 Cr HCL unit expansion Positive Consolidated Net Profit reached ₹54.98 Cr in Q1 FY27, reversing a loss of ₹13.78 Cr in Q1 FY26. Revenue from operations increased to ₹1,244.91 Cr, up 12.6% from ₹1,105.12 Cr in the previous year's quarter. Approved ₹55 Cr investment for a new HCL synthesis unit at Dahej to enhance chlorine disposal and caustic soda output. Full analysis →
M Cap ₹6,747 Cr
P/E 45.5
PEG 6.50
Since results +34.6%
Profit +99% above its own trend Operating margin contracted 268 bps YoY Core business grew faster than reported profit (core profit +145%) Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+174.8% +20.0%
377 314 137 Operating profit
+134.7% +35.4%
59.1 43.7 25.2 OPM %
-268 bps +178 bps
15.7% 13.9% 18.4% Other income
+10.3% +6.7%
10.1 9.5 9.1 Net profit
+92.6% +10.1%
48.2 43.8 25.0 PAT margin %
-546 bps -116 bps
12.8% 14.0% 18.3% EPS (₹)
-81.2% +7.9%
0.41 0.38 2.18
Quality of profit
Pre-tax profit ₹64.7 Cr: core business ₹54.7 Cr, other income ₹10.1 Cr.
Core profit YoY: +144.5%
· reported profit +92.6%
Cash & debt
FY26 cash from operations −₹24.0 Cr:
-19% of FY26 net profit of ₹125 Cr.
Borrowings ₹8.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹166 ₹377
+126.6% above Net profit ₹24.3 ₹48.2
+98.6% above
AI read of the filing 164% Revenue Growth in Q1 FY27; Consolidated PAT Rises 93% to ₹48.21 Cr Positive Consolidated Revenue from Operations grew 164.48% YoY to ₹376.63 Cr Consolidated PAT increased 92.61% YoY to ₹48.21 Cr from ₹25.03 Cr Sales volumes surged by 130.84% on a YoY basis Full analysis →
M Cap ₹74,680 Cr
P/E 34.5
PEG —
Since results -15.2%
Operating margin expanded 284 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+31.8% +9.1%
5,033 4,615 3,819 Operating profit
+49.0% +20.5%
1,237 1,026 830 OPM %
+284 bps +234 bps
24.6% 22.2% 21.7% Other income
+16.4% +160.8%
33.9 13.0 29.1 Net profit
+75.5% +30.4%
759 582 432 PAT margin %
+376 bps +247 bps
15.1% 12.6% 11.3% EPS (₹)
+75.6% +30.4%
25.60 19.63 14.58
Quality of profit
Pre-tax profit ₹979 Cr: core business ₹945 Cr, other income ₹33.9 Cr.
Core profit YoY: +72.9%
· reported profit +75.5%
Cash & debt
FY26 cash from operations ₹2,554 Cr:
139% of FY26 net profit of ₹1,836 Cr.
Borrowings ₹5,083 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹4,073 ₹5,033
+23.6% above Net profit ₹716 ₹759
+6.0% in line
AI read of the filing SRF Q1 FY27: Net Profit Surges 42.6% YoY to ₹566 Cr; ₹5/share Interim Dividend Declared Positive Standalone Net Profit increased 42.6% YoY to ₹566.30 Cr from ₹397.00 Cr in Q1 FY26. Standalone Revenue from operations grew 25% YoY to ₹3,801.97 Cr. Operating Margin improved to 20.82% compared to 17.17% in the same quarter last year. Full analysis →
M Cap ₹9,870 Cr
P/E 32.1
PEG —
Since results -17.9%
Profit +21% above its own trend Operating margin expanded 162 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+25.3% +10.3%
1,300 1,179 1,038 Operating profit
+40.1% +22.2%
199 163 142 OPM %
+162 bps +149 bps
15.3% 13.8% 13.7% Other income
-8.9% +13.6%
10.2 9.0 11.2 Net profit
+40.9% +23.0%
106 86.0 75.1 PAT margin %
+90 bps +84 bps
8.1% 7.3% 7.2% EPS (₹)
+41.1% +23.4%
6.70 5.43 4.75
Quality of profit
Pre-tax profit ₹141 Cr: core business ₹131 Cr, other income ₹10.2 Cr.
Core profit YoY: +47.5%
· reported profit +40.9%
Cash & debt
FY26 cash from operations ₹524 Cr:
189% of FY26 net profit of ₹277 Cr.
Borrowings ₹792 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1,082 ₹1,300
+20.1% above Net profit ₹87.5 ₹106
+20.9% above
AI read of the filing Rs 1,300 Cr Revenue: Jubilant Ingrevia Reports Strong Q1 FY27 with 44% YoY EPS Growth Positive Revenue from operations reached Rs 1,300.27 Cr, a 26.9% increase over the Rs 1,024.34 Cr reported in June 2025 EPS grew 43.9% YoY to Rs 5.83 from Rs 4.05 in the corresponding previous year quarter Net profit margin improved to 5.83% from 4.05% YoY and 5.08% in the preceding March 2026 quarter Full analysis →
M Cap ₹91.0 Cr
P/E 84.6
PEG —
Since results +8.0%
Operating margin contracted 947 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
-14.8% -38.9%
17.6 28.7 20.6 Operating profit
to loss to loss -0.3 6.1 1.6 OPM %
-947 bps -2311 bps
-2.0% 21.2% 7.5% Other income
— +176.4%
0.8 0.3 0.0 Net profit
loss narrowed to loss -0.6 4.0 -1.1 PAT margin %
+191 bps -1766 bps
-3.7% 14.0% -5.6% EPS (₹)
loss narrowed to loss -0.63 3.95 -1.13
Quality of profit
Pre-tax profit −₹0.6 Cr: core business −₹1.4 Cr, other income ₹0.8 Cr.
Core profit YoY: to loss
Cash & debt
FY26 cash from operations ₹2.8 Cr:
495% of FY26 net profit of ₹0.6 Cr.
Borrowings ₹17.9 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹23.4 ₹17.6
-24.9% below
M Cap ₹2,270 Cr
P/E 15.0
PEG 1.25
Since results -23.7%
FY26 operating cash flow was only 44% of profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+28.2% +1.8%
697 685 544 Operating profit
+18.8% +4.7%
80.6 77.0 67.9 OPM %
-92 bps +32 bps
11.6% 11.2% 12.5% Other income
+203.7% -81.8%
3.6 20.0 1.2 Net profit
+4.5% -23.7%
35.1 46.0 33.6 PAT margin %
-115 bps -168 bps
5.0% 6.7% 6.2% EPS (₹)
+4.4% -23.6%
6.34 8.30 6.07
Quality of profit
Pre-tax profit ₹47.7 Cr: core business ₹44.0 Cr, other income ₹3.6 Cr.
Core profit YoY: -0.8%
· reported profit +4.5%
Cash & debt
FY26 cash from operations ₹65.0 Cr:
44% of FY26 net profit of ₹149 Cr.
Borrowings ₹436 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹628 ₹697
+11.0% above Net profit ₹35.0 ₹35.1
+0.4% in line
AI read of the filing Rs 482.3 Cr Q1 Standalone Revenue for Rossari Biotech, Up 31.8% YoY; Overseas Restructuring Set Positive Standalone Revenue for Q1 FY27 grew 31.8% YoY to Rs 482.3 Cr from Rs 365.8 Cr. Standalone Profit After Tax (PAT) rose 30.6% YoY to Rs 34.3 Cr. Sequential (QoQ) PAT saw a sharp decline of 37.4% from Rs 54.7 Cr in the preceding March quarter. Full analysis →
M Cap ₹255 Cr
P/E 17.4
PEG —
Since results +10.1%
Profit +136% above its own trend Operating margin contracted 191 bps YoY 65% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -24%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+25.5% +0.9%
72.4 71.8 57.7 Operating profit
-14.3% -53.8%
3.0 6.4 3.5 OPM %
-191 bps -487 bps
4.1% 9.0% 6.0% Other income
+42.1% from loss 3.8 -1.2 2.6 Net profit
+43.5% +64.5%
5.7 3.5 4.0 PAT margin %
+99 bps +306 bps
7.9% 4.8% 6.9% EPS (₹)
+43.0% +63.8%
4.26 2.60 2.98
Quality of profit
Pre-tax profit ₹5.8 Cr: core business ₹2.1 Cr, other income ₹3.8 Cr.
Core profit YoY: -24.1%
· reported profit +43.5%
Cash & debt
FY26 cash from operations ₹15.0 Cr:
116% of FY26 net profit of ₹12.9 Cr.
Borrowings ₹4.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹74.7 ₹72.4
-3.1% in line Net profit ₹2.4 ₹5.7
+135.7% above
AI read of the filing 25.5% YoY Revenue Growth; Chembond Reports Rs 5.73 Cr Consolidated PAT in Q1 FY27 Positive Consolidated revenue increased by 25.5% YoY to Rs 72.42 Cr from Rs 57.68 Cr in Q1 FY26 Consolidated PAT grew 43.6% YoY to Rs 5.73 Cr compared to Rs 3.99 Cr in the same period last year Basic EPS improved to Rs 4.26 from Rs 2.97 in Q1 FY26 Full analysis →
M Cap ₹4,222 Cr
P/E 82.8
PEG —
Since results +30.8%
Profit +14% above its own trend Operating margin expanded 480 bps YoY Exceptional items of ₹1.3 Cr in the quarter
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+42.8% +24.7%
167 134 117 Operating profit
+90.0% +15.3%
32.3 28.0 17.0 OPM %
+480 bps -156 bps
19.3% 20.9% 14.5% Other income
+178.0% —
2.8 0.0 1.0 Net profit
+128.3% +59.8%
16.0 10.0 7.0 PAT margin %
+358 bps +210 bps
9.6% 7.5% 6.0% EPS (₹)
+140.5% +54.9%
6.83 4.41 2.84
Quality of profit
Pre-tax profit ₹21.1 Cr: core business ₹19.6 Cr, other income ₹2.8 Cr, exceptional & other items −₹1.3 Cr.
Core profit YoY: +145.6%
· reported profit +128.3%
Cash & debt
FY26 cash from operations ₹31.0 Cr:
74% of FY26 net profit of ₹42.0 Cr.
Borrowings ₹120 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹160 ₹167
+4.3% in line Net profit ₹14.0 ₹16.0
+14.1% above
AI read of the filing Tatva Chintan Q1 PAT Doubles YoY; Announces Rs 200 Cr Greenfield Expansion Positive Standalone Revenue for Q1 FY27 rose to Rs 146.70 Cr, up from Rs 109.18 Cr in the same quarter last year. Standalone PAT for the quarter stood at Rs 10.45 Cr, a 103.7% increase compared to Rs 5.13 Cr in Q1 FY26. Approved a new greenfield unit at Dahej-III with a proposed capacity addition of 344 KL, exceeding the current 280 KL capacity. Full analysis →
M Cap ₹33,299 Cr
P/E 41.4
PEG 0.88
Since results -3.1%
Operating margin contracted 180 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+28.0% +11.2%
1,432 1,288 1,118 Operating profit
+17.5% +19.0%
288 242 245 OPM %
-180 bps +132 bps
20.1% 18.8% 21.9% Other income
+111.1% -9.2%
56.3 62.0 26.7 Net profit
+27.4% +9.8%
228 208 179 PAT margin %
-9 bps -20 bps
16.0% 16.1% 16.0% EPS (₹)
+23.6% +14.3%
4.55 3.98 3.68
Quality of profit
Pre-tax profit ₹301 Cr: core business ₹244 Cr, other income ₹56.3 Cr.
Core profit YoY: +13.8%
· reported profit +27.4%
Cash & debt
FY26 cash from operations ₹382 Cr:
51% of FY26 net profit of ₹756 Cr.
Borrowings ₹770 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1,107 ₹1,432
+29.4% above Net profit ₹242 ₹228
-5.7% in line
AI read of the filing HSCL approves ₹368 Cr capex for high-value specialty chemicals and India's first CNT facility Positive ₹128 Cr additional capex to double Anthraquinone and Carbazole capacity from 2,600 to 5,300 MTPA ₹70 Cr investment for India's first 200 MTPA Carbon Nano Tubes (CNT) facility using in-house technology ₹170 Cr for 6,000 MTPA Super Speciality Carbon Black conversion expected by Q4 FY28 Full analysis →
M Cap ₹524 Cr
P/E 14.3
PEG —
Since results +4.6%
Profit +63% above its own trend Operating margin expanded 316 bps YoY Core business grew faster than reported profit (core profit +91%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+11.0% +5.0%
222 211 200 Operating profit
+63.0% +15.7%
22.0 19.0 13.5 OPM %
+316 bps +91 bps
9.9% 9.0% 6.8% Other income
-6.1% -40.8%
2.4 4.0 2.5 Net profit
+67.5% +6.8%
15.0 14.0 8.9 PAT margin %
+228 bps +11 bps
6.7% 6.6% 4.5% EPS (₹)
+67.6% +7.9%
5.75 5.33 3.43
Quality of profit
Pre-tax profit ₹20.2 Cr: core business ₹17.9 Cr, other income ₹2.4 Cr.
Core profit YoY: +90.6%
· reported profit +67.5%
Cash & debt
FY26 cash from operations ₹21.0 Cr:
58% of FY26 net profit of ₹35.9 Cr.
Borrowings ₹22.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹205 ₹222
+8.2% above Net profit ₹9.2 ₹15.0
+62.6% above
AI read of the filing 67.5% PAT Growth in Q1 FY27; EBITDA Margins Expand 297 bps to 10.98% Positive Revenue from operations increased 11.01% YoY to 221.61 Cr from 199.63 Cr. Net Profit (PAT) grew 67.54% YoY to 14.95 Cr compared to 8.92 Cr in Q1 FY26. EBITDA margins expanded significantly by 297 basis points YoY to reach 10.98%. Full analysis →
M Cap ₹13,375 Cr
P/E 39.1
PEG 0.27
Profit -18% below its own trend
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+19.2% -7.8%
666 722 559 Operating profit
+15.1% -15.6%
152 180 132 OPM %
-81 bps -211 bps
22.8% 24.9% 23.6% Other income
+66.9% +275.0%
15.0 4.0 9.0 Net profit
+44.2% -11.7%
83.0 94.0 57.6 PAT margin %
+216 bps -56 bps
12.5% 13.0% 10.3% EPS (₹)
+35.9% -10.1%
21.54 23.96 15.85
Quality of profit
Pre-tax profit ₹113 Cr: core business ₹98.0 Cr, other income ₹15.0 Cr.
Core profit YoY: +35.7%
· reported profit +44.2%
Cash & debt
FY26 cash from operations ₹550 Cr:
174% of FY26 net profit of ₹316 Cr.
Borrowings ₹1,021 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹681 ₹666
-2.2% in line Net profit ₹101 ₹83.0
-17.9% below
M Cap ₹8,443 Cr
P/E 36.4
PEG —
Profit +11% above its own trend Operating margin contracted 995 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+21.9% +7.6%
268 249 220 Operating profit
-4.6% +0.0%
96.0 96.0 101 OPM %
-995 bps -273 bps
35.8% 38.6% 45.8% Other income
+70.2% +633.3%
22.0 3.0 12.9 Net profit
-4.7% +25.9%
73.0 58.0 76.6 PAT margin %
-758 bps +395 bps
27.2% 23.3% 34.8% EPS (₹)
-4.3% +25.9%
6.90 5.48 7.21
Quality of profit
Pre-tax profit ₹98.0 Cr: core business ₹75.0 Cr, other income ₹22.0 Cr, exceptional & other items ₹1.0 Cr.
Core profit YoY: -16.2%
· reported profit -4.7%
Cash & debt
FY26 cash from operations ₹275 Cr:
117% of FY26 net profit of ₹236 Cr.
Borrowings ₹2.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹212 ₹268
+26.2% above Net profit ₹65.7 ₹73.0
+11.1% above
M Cap ₹2,472 Cr
P/E 31.6
PEG 4.51
Profit +56% above its own trend Operating margin expanded 168 bps YoY Core business grew faster than reported profit (core profit +79%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+44.9% +10.4%
316 286 218 Operating profit
+71.7% +58.2%
34.0 21.5 19.8 OPM %
+168 bps +325 bps
10.8% 7.5% 9.1% Other income
-12.2% -44.0%
3.0 5.4 3.4 Net profit
+58.9% +37.6%
26.0 18.9 16.4 PAT margin %
+72 bps +162 bps
8.2% 6.6% 7.5% EPS (₹)
+58.8% +38.8%
6.40 4.61 4.03
Quality of profit
Pre-tax profit ₹35.0 Cr: core business ₹33.0 Cr, other income ₹3.0 Cr, exceptional & other items −₹1.0 Cr.
Core profit YoY: +79.1%
· reported profit +58.9%
Cash & debt
FY26 cash from operations ₹44.0 Cr:
64% of FY26 net profit of ₹68.7 Cr.
Borrowings ₹6.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹247 ₹316
+28.1% above Net profit ₹16.7 ₹26.0
+55.6% above
M Cap ₹2,298 Cr
P/E 11.2
PEG 0.59
Profit +28% above its own trend Operating margin expanded 465 bps YoY Core business grew faster than reported profit (core profit +79%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+18.6% +0.3%
609 607 514 Operating profit
+66.8% +55.6%
98.0 63.0 58.8 OPM %
+465 bps +571 bps
16.1% 10.4% 11.4% Other income
+108.7% +0.0%
12.0 12.0 5.8 Net profit
+57.0% +36.8%
78.0 57.0 49.7 PAT margin %
+314 bps +342 bps
12.8% 9.4% 9.7% EPS (₹)
+53.0% +35.6%
44.72 32.98 29.23
Quality of profit
Pre-tax profit ₹102 Cr: core business ₹90.0 Cr, other income ₹12.0 Cr.
Core profit YoY: +78.6%
· reported profit +57.0%
Cash & debt
FY26 cash from operations ₹194 Cr:
110% of FY26 net profit of ₹177 Cr.
Borrowings ₹16.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹562 ₹609
+8.4% above Net profit ₹60.7 ₹78.0
+28.4% above
M Cap ₹1,528 Cr
P/E 27.1
PEG —
Profit +29% above its own trend Operating margin expanded 578 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+30.7% +11.1%
70.0 63.0 53.6 Operating profit
+63.8% +53.8%
20.0 13.0 12.2 OPM %
+578 bps +794 bps
28.6% 20.6% 22.8% Other income
+7.5% -40.0%
3.0 5.0 2.8 Net profit
+59.4% +6.7%
16.0 15.0 10.0 PAT margin %
+412 bps -95 bps
22.9% 23.8% 18.7% EPS (₹)
+61.7% +11.7%
5.06 4.53 3.13
Quality of profit
Pre-tax profit ₹22.0 Cr: core business ₹20.0 Cr, other income ₹3.0 Cr, exceptional & other items −₹1.0 Cr.
Core profit YoY: +76.1%
· reported profit +59.4%
Cash & debt
FY26 cash from operations ₹87.0 Cr:
173% of FY26 net profit of ₹50.4 Cr.
Borrowings ₹1.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹63.0 ₹70.0
+11.2% above Net profit ₹12.4 ₹16.0
+29.1% above
M Cap ₹1,311 Cr
P/E 24.0
PEG —
Profit +91% above its own trend Operating margin expanded 596 bps YoY 27% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit +187%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+13.5% +6.4%
232 218 204 Operating profit
+69.2% +61.5%
42.0 26.0 24.8 OPM %
+596 bps +618 bps
18.1% 11.9% 12.1% Other income
+924.0% +120.0%
11.0 5.0 1.1 Net profit
+282.7% +81.2%
29.0 16.0 7.6 PAT margin %
+879 bps +516 bps
12.5% 7.3% 3.7% EPS (₹)
+282.3% +84.7%
10.36 5.61 2.71
Quality of profit
Pre-tax profit ₹37.0 Cr: core business ₹27.0 Cr, other income ₹11.0 Cr, exceptional & other items −₹1.0 Cr.
Core profit YoY: +187.0%
· reported profit +282.7%
Cash & debt
FY26 cash from operations ₹92.0 Cr:
277% of FY26 net profit of ₹33.2 Cr.
Borrowings ₹256 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹210 ₹232
+10.7% above Net profit ₹15.2 ₹29.0
+91.3% above
M Cap ₹1,145 Cr
P/E 14.0
PEG 0.56
Profit -23% below its own trend Operating margin expanded 325 bps YoY Core business grew faster than reported profit (core profit +105%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+30.4% +17.9%
375 318 288 Operating profit
+69.3% +55.9%
53.0 34.0 31.3 OPM %
+325 bps +344 bps
14.1% 10.7% 10.9% Other income
-93.6% -83.3%
1.0 6.0 15.5 Net profit
+7.5% +47.6%
31.0 21.0 28.8 PAT margin %
-176 bps +166 bps
8.3% 6.6% 10.0% EPS (₹)
+7.6% +49.8%
4.24 2.83 3.94
Quality of profit
Pre-tax profit ₹42.0 Cr: core business ₹41.0 Cr, other income ₹1.0 Cr.
Core profit YoY: +104.7%
· reported profit +7.5%
Cash & debt
FY26 cash from operations ₹79.0 Cr:
99% of FY26 net profit of ₹79.8 Cr.
Borrowings ₹311 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹310 ₹375
+20.9% above Net profit ₹40.2 ₹31.0
-22.9% below
M Cap ₹1,092 Cr
P/E 14.7
PEG 0.01
Profit +149% above its own trend Operating margin expanded 704 bps YoY FY26 operating cash flow was only 23% of profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+78.9% +47.7%
220 149 123 Operating profit
+138.5% +158.3%
62.0 24.0 26.0 OPM %
+704 bps +1207 bps
28.2% 16.1% 21.1% Other income
— +0.0%
2.0 2.0 0.0 Net profit
+207.7% +110.5%
40.0 19.0 13.0 PAT margin %
+761 bps +543 bps
18.2% 12.8% 10.6% EPS (₹)
+206.5% +108.3%
8.06 3.87 2.63
Quality of profit
Pre-tax profit ₹54.0 Cr: core business ₹53.0 Cr, other income ₹2.0 Cr, exceptional & other items −₹1.0 Cr.
Core profit YoY: +194.4%
· reported profit +207.7%
Cash & debt
FY26 cash from operations ₹11.0 Cr:
23% of FY26 net profit of ₹47.2 Cr.
Borrowings ₹84.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹147 ₹220
+50.1% above Net profit ₹16.1 ₹40.0
+148.5% above
M Cap ₹637 Cr
P/E 39.9
PEG —
Profit +129% above its own trend 59% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +99%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
-1.2% -3.2%
140 145 142 Operating profit
+2.0% +9.4%
20.8 19.0 20.4 OPM %
+46 bps +170 bps
14.8% 13.1% 14.4% Other income
-0.6% -7.4%
5.2 5.7 5.3 Net profit
+14.7% -22.9%
4.7 6.1 4.1 PAT margin %
+46 bps -85 bps
3.3% 4.2% 2.9% EPS (₹)
+11.8% -24.0%
0.19 0.25 0.17
Quality of profit
Pre-tax profit ₹8.9 Cr: core business ₹3.6 Cr, other income ₹5.2 Cr.
Core profit YoY: +98.9%
· reported profit +14.7%
Against its own trend ?
Trend Actual Gap
Sales ₹140 ₹140
-0.0% in line Net profit ₹2.0 ₹4.7
+129.4% above
How to read this page
The numbers. Each card is one company's Q1 FY27 results as filed with NSE or BSE, read from the
filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when
the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same
quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months).
A swing between profit and loss is described in words: a percentage across it would mislead.
Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income,
as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points
(100 bps = 1 percentage point).
Quality of profit. Core profit is operating profit minus interest and depreciation: what the business
itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on
investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more,
and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net
profit, since a fall in provisions can lift profit without the business growing.
Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead
each company is measured against the path it was on: the same quarter last year, grown at the median of its
last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales
5% or more above that, or net profit 10% or more above, is "above trend";
as far below is "below trend". It answers "was this quarter better or worse than the company's own recent
run?", which consensus does not.
Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show
its operating cash flow for the last financial year as a share of that year's net profit (flagged under
50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet
against the one six months earlier (flagged at a 25% move). Balance sheets come with the
September and March results, cash-flow statements with the March results.
Price since results. The latest close against the last close before the filing (a filing after 3:30 pm
counts from the next session). It is a fact about the market's reaction, not advice.
Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150
(SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.
Data source Quarterly results filed by listed companies with NSE and BSE (Regulation 33 of SEBI LODR), read from each filing; share prices from the exchanges; market cap and P/E from our daily fundamentals snapshot.
Last updated 12 Oct 2026, 14:33 IST
