Iron & Steel: Q1 FY27 results (April-June 2026)

75 companies have declared Iron & Steel Q1 FY27 results so far, the latest on 18 Sep 2026.

Across the 70 non-financial companies with a year-ago quarter to compare, sales grew +12.8% and net profit +40.5% year on year, and the combined operating margin widened 87 bps to 15.3%.

72% of companies grew net profit; 3 turned a loss into a profit; 44% beat their own profit trend and 33% fell short of it.

Updated 12 Oct 2026, 12:20 IST 75 declared 111 due in the next 3 days →

Iron & Steel Q1 FY27 scoreboard

Sales growth
+12.8%
YoY, 70 companies combined; median +14.6%
Net profit growth
+40.5%
YoY combined; median +20.8%
Operating margin
15.3%
+87 bps YoY
Grew profit
72%
3 turnarounds, 0 into loss
Vs own profit trend
44% / 33%
above / below, 23% in line
Price since results
-1.3%
median; 46% of 70 stocks up
Other-income heavy
20
25%+ of pre-tax profit from other income & one-offs

Latest Iron & Steel Q1 FY27 results 75

Page 1 of 3

Supreme Engineering Limited

SUPREMEENG · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹116 Cr
P/E
142.1
PEG
—
Since results
+32.4%
  • Operating margin contracted 786 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Exceptional items of ₹2.5 Cr in the quarter
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -51.6%-6.7% 4.14.48.4
Operating profit to lossto loss -0.00.40.6
OPM % -786 bps-969 bps -1.1%8.6%6.8%
Other income -70.2%+56.5% 0.10.00.2
Net profit —from loss 1.5-0.10.1
PAT margin % +3578 bps+3872 bps 36.6%-2.1%0.8%
EPS (₹) —from loss 0.06-0.020.00

Quality of profit

Pre-tax profit ₹1.8 Cr: core business −₹0.8 Cr, other income ₹0.1 Cr, exceptional & other items ₹2.5 Cr.

Core profit YoY: loss widened

Cash & debt

Borrowings ₹92.2 Cr at Sep 2025.

Against its own trend ?

TrendActualGap
Sales₹11.6₹4.1 -65.0% below
AI read of the filing Supreme Engineering Q1 FY27 Revenue Falls 52% YoY to ₹4.07 Cr; Reports Net Profit on Exceptional Gain Watch
  • Revenue from operations fell 51.6% YoY to ₹4.07 Cr (₹406.95 lakh) compared to ₹8.40 Cr (₹840.91 lakh) in Q1 FY26
  • Net profit stood at ₹0.99 Cr (₹98.98 lakh) versus ₹0.07 Cr (₹7.33 lakh) in Q1 FY26, boosted by ₹25.70 Cr exceptional income
  • Bank approved One-Time Settlement (OTS) proposal on August 13, 2026; company deposited a 10% preliminary settlement amount
Full analysis →

Behari Lal Engineering Limited

BLEL · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹1,933 Cr
P/E
—
PEG
—
Since results
+1.6%
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 152——
Operating profit —— 27.6——
OPM % —— 18.2%——
Other income —— 2.2——
Net profit —— 19.2——
PAT margin % —— 12.7%——
EPS (₹) —— 4.92——

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹25.8 Cr: core business ₹23.6 Cr, other income ₹2.2 Cr.

Core profit YoY: —

AI read of the filing Q1 FY27 PAT Rises 24.5% YoY to ₹191.94 Mn; Revenue Up 18% to ₹1,516.74 Mn Positive
  • Revenue from operations grew 18.04% YoY to ₹1,516.74 million in Q1 FY27 vs ₹1,284.96 million in Q1 FY26
  • Net profit after tax increased 24.46% YoY to ₹191.94 million (EPS of ₹4.92) vs ₹154.22 million in Q1 FY26
  • Profit before tax stood at ₹257.54 million compared to ₹209.44 million in Q1 FY26 and ₹264.71 million in Q4 FY26
Full analysis →

Shah Metacorp Limited

SHAH · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹294 Cr
P/E
22.3
PEG
0.23
Since results
-20.6%
  • Profit +183% above its own trend
  • Operating margin contracted 266 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +67%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +97.9%-8.2% 57.262.328.9
Operating profit +49.8%from loss 4.7-4.23.2
OPM % -266 bps+1494 bps 8.3%-6.7%10.9%
Other income +68.2%-92.9% 1.216.80.7
Net profit +41.5%-56.7% 3.58.12.5
PAT margin % -246 bps-691 bps 6.2%13.1%8.6%
EPS (₹) +33.3%-50.0% 0.040.080.03

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹4.7 Cr: core business ₹3.5 Cr, other income ₹1.2 Cr.

Core profit YoY: +67.1% · reported profit +41.5%

Cash & debt

Borrowings ₹239 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹38.0₹57.2 +50.5% above
Net profit₹1.2₹3.5 +183.0% above
AI read of the filing Q1 Net Profit Up 38.7% YoY to Rs 3.51 Cr; Revenue Jumps 87.3% to Rs 54.13 Cr Positive
  • Standalone revenue from operations rose 87.3% YoY to Rs 54.13 Cr (vs Rs 28.90 Cr in Q1 FY26)
  • Net profit grew 38.7% YoY to Rs 3.51 Cr compared to Rs 2.53 Cr in the corresponding quarter last year
  • Auditor flagged Rs 76.26 Cr overdue overseas trade receivables subject to an MOU settlement at reduced value
Full analysis →

NMDC Steel Limited

NSLNISP · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹11,497 Cr
P/E
137.7
PEG
—
Since results
-11.6%
  • Operating margin contracted 121 bps YoY
  • 58% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +8.8%-5.6% 3,6623,8793,365
Operating profit -2.1%-50.4% 400806408
OPM % -121 bps-987 bps 10.9%20.8%12.1%
Other income +114.5%+65.0% 42.926.020.0
Net profit +94.3%-87.1% 50.539226.0
PAT margin % +61 bps-873 bps 1.4%10.1%0.8%
EPS (₹) +111.1%-85.8% 0.191.340.09

Quality of profit

Core 42%Other income & one-offs 58%

Pre-tax profit ₹74.0 Cr: core business ₹31.1 Cr, other income ₹42.9 Cr.

Core profit YoY: +94.1% · reported profit +94.3%

Cash & debt

FY26 cash from operations ₹1,796 Cr: 3044% of FY26 net profit of ₹59.0 Cr.

Borrowings ₹4,613 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹5,186₹3,662 -29.4% below
AI read of the filing Q1 PAT Jumps 97.6% YoY to ₹50.51 Cr; Revenue Up 8.8% to ₹3,661.84 Cr Positive
  • Revenue from operations increased 8.8% YoY to ₹3,661.84 crore in Q1 FY27 vs ₹3,365.22 crore in Q1 FY26
  • Net profit grew 97.6% YoY to ₹50.51 crore (EPS ₹0.19) vs ₹25.56 crore (EPS ₹0.09) in Q1 FY26
  • Total borrowings stood at ₹5,056.15 crore with net worth at ₹13,228.35 crore (D/E ratio of 0.38x)
Full analysis →

Ahlada Engineers Limited

AHLADA · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹48.0 Cr
P/E
—
PEG
—
Since results
-1.9%
  • Profit -40% below its own trend
  • Operating margin contracted 272 bps YoY
  • 35% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -12.1%-6.3% 24.025.627.3
Operating profit -26.8%+80.5% 3.21.84.4
OPM % -272 bps+650 bps 13.5%7.0%16.2%
Other income +113.0%-36.1% 0.10.10.0
Net profit -69.9%from loss 0.2-1.00.6
PAT margin % -139 bps+478 bps 0.7%-4.1%2.1%
EPS (₹) -68.9%from loss 0.14-0.800.45

Quality of profit

Core 65%Other income & one-offs 35%

Pre-tax profit ₹0.2 Cr: core business ₹0.1 Cr, other income ₹0.1 Cr.

Core profit YoY: -88.2% · reported profit -69.9%

Cash & debt

FY26 cash from operations ₹8.0 Cr: 13333% of FY26 net profit of ₹0.1 Cr.

Borrowings ₹38.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹18.1₹24.0 +32.4% above
Net profit₹0.3₹0.2 -39.7% below
AI read of the filing Ahlada Q1 Net Profit Drops 69.7% YoY to ₹17.48 Lakhs, Revenue Down 12.1% to ₹24.03 Cr Negative
  • Revenue from operations fell 12.1% YoY to ₹2,402.64 lakhs from ₹2,733.43 lakhs in Q1 FY26.
  • Net profit after tax declined 69.7% YoY to ₹17.48 lakhs against ₹57.73 lakhs in the prior-year period.
  • PBT recovered to a positive ₹18.18 lakhs from a loss of ₹152.22 lakhs in Q4 FY26.
Full analysis →

Vaswani Industries Limited

VASWANI · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹144 Cr
P/E
—
PEG
—
Since results
-17.0%
  • Profit -89% below its own trend
  • Operating margin expanded 345 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +3.1%-18.1% 118144114
Operating profit +45.1%-32.1% 14.120.79.7
OPM % +345 bps-245 bps 11.9%14.4%8.5%
Other income +98.9%+224.5% 0.60.20.3
Net profit -78.7%-78.4% 1.25.45.5
PAT margin % -380 bps-276 bps 1.0%3.7%4.8%
EPS (₹) -80.0%-78.7% 0.351.641.75

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹4.5 Cr: core business ₹3.9 Cr, other income ₹0.6 Cr.

Core profit YoY: -22.4% · reported profit -78.7%

Cash & debt

FY26 cash from operations ₹18.0 Cr: 424% of FY26 net profit of ₹4.2 Cr.

Borrowings ₹277 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹141₹118 -16.2% below
Net profit₹10.9₹1.2 -89.4% below
AI read of the filing Vaswani Industries Q1 PAT Plunges 78.7% YoY to ₹1.16 Cr Despite 3.1% Revenue Growth Negative
  • Revenue from operations stood at ₹117.79 Cr (up 3.07% YoY vs ₹114.28 Cr, down 18.14% QoQ vs ₹143.89 Cr)
  • Net profit fell 78.7% YoY to ₹1.16 Cr (₹116.48 Lakhs) vs ₹5.47 Cr in Q1 FY26
  • Finance costs nearly doubled YoY to ₹6.16 Cr from ₹3.17 Cr, while depreciation rose to ₹3.97 Cr from ₹1.47 Cr
Full analysis →

D P Wires Limited

DPWIRES · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹349 Cr
P/E
18.6
PEG
—
Since results
+44.8%
  • Profit +123% above its own trend
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +3.7%+1.0% 131129126
Operating profit +6.1%-60.8% 3.89.83.6
OPM % +7 bps-462 bps 2.9%7.6%2.9%
Other income +32.3%-15.5% 3.23.82.4
Net profit +31.9%-49.5% 4.79.43.6
PAT margin % +78 bps-363 bps 3.6%7.3%2.9%
EPS (₹) +31.9%-49.5% 3.066.062.32

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹6.4 Cr: core business ₹3.2 Cr, other income ₹3.2 Cr.

Core profit YoY: +28.6% · reported profit +31.9%

Cash & debt

FY26 cash from operations ₹28.0 Cr: 159% of FY26 net profit of ₹17.6 Cr.

Borrowings ₹2.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹99.7₹131 +31.0% above
Net profit₹2.1₹4.7 +122.5% above
AI read of the filing DP Wires Approves Q1 FY27 Unaudited Financial Results Neutral
  • Board meeting held on August 14, 2026, commenced at 04:15 PM and concluded at 04:45 PM.
  • Approved standalone unaudited financial results for the quarter ended June 30, 2026.
  • Company maintains an installed manufacturing capacity of 90,000 tonnes per annum at Ratlam.
Full analysis →

Rudra Global Infra Products Limited

RUDRA · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹193 Cr
P/E
14.6
PEG
—
Since results
-14.7%
  • Operating margin contracted 128 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +6.7%-10.5% 160178150
Operating profit -10.7%+82.4% 10.45.711.7
OPM % -128 bps+333 bps 6.5%3.2%7.8%
Other income —-93.8% 0.11.30.0
Net profit -7.5%+250.5% 3.61.03.9
PAT margin % -35 bps+169 bps 2.3%0.6%2.6%
EPS (₹) -7.7%+260.0% 0.360.100.39

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹4.8 Cr: core business ₹4.7 Cr, other income ₹0.1 Cr.

Core profit YoY: -8.0% · reported profit -7.5%

Against its own trend ?

TrendActualGap
Sales₹167₹160 -4.5% in line
Net profit₹3.8₹3.6 -5.4% in line
AI read of the filing Rudra Global Q1 Net Profit at ‡3.62 Cr; Revenue Grows 6.7% YoY to ‡159.56 Cr Neutral
  • Revenue from operations grew 6.7% YoY to ‡159.56 Cr from ‡149.54 Cr.
  • Net profit for the quarter was ‡3.62 Cr, representing a 7.4% decline YoY.
  • Finance costs decreased by 21.8% YoY to ‡4.18 Cr from ‡5.35 Cr.
Full analysis →

Jai Balaji Industries Limited

JAIBALAJI · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹6,240 Cr
P/E
43.1
PEG
—
Since results
-3.5%
  • Profit +142% above its own trend
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +24.0%-3.6% 1,6831,7451,357
Operating profit +19.2%+64.5% 15192.0127
OPM % -36 bps+372 bps 9.0%5.3%9.4%
Other income -78.9%— 3.40.015.9
Net profit +20.8%+305.9% 85.221.070.5
PAT margin % -13 bps+386 bps 5.1%1.2%5.2%
EPS (₹) +20.8%+304.3% 0.930.230.77

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹109 Cr: core business ₹106 Cr, other income ₹3.4 Cr.

Core profit YoY: +34.5% · reported profit +20.8%

Cash & debt

FY26 cash from operations ₹358 Cr: 275% of FY26 net profit of ₹130 Cr.

Borrowings ₹417 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,197₹1,683 +40.6% above
Net profit₹35.3₹85.2 +141.6% above
AI read of the filing Jai Balaji Appoints Steel Veteran as WTD; Approves Q1 FY27 Results Neutral
  • Appointment of Shri Babu Swadesh Sharma as Whole Time Director for a 3-year term starting September 15, 2026.
  • Cessation of Shri Bimal Kumar Choudhary as Whole Time Director effective September 14, 2026.
  • Re-appointment of two Independent Directors for 5-year terms starting in April and August 2027.
Full analysis →

Tube Investments of India Limited

TIINDIA · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹42,838 Cr
P/E
38.6
PEG
—
Since results
-18.3%
  • Operating margin contracted 147 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +17.1%+0.0% 6,2156,2155,309
Operating profit +0.4%-6.0% 548583546
OPM % -147 bps-56 bps 8.8%9.4%10.3%
Other income +55.5%+3.7% 11210872.0
Net profit -3.0%+25.6% 294234303
PAT margin % -98 bps+96 bps 4.7%3.8%5.7%
EPS (₹) -15.3%+97.5% 8.714.4110.28

Quality of profit

Core 76%Other income & one-offs 24%

Pre-tax profit ₹461 Cr: core business ₹349 Cr, other income ₹112 Cr.

Core profit YoY: -7.4% · reported profit -3.0%

Cash & debt

FY26 cash from operations ₹1,161 Cr: 104% of FY26 net profit of ₹1,118 Cr.

Borrowings ₹754 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹6,278₹6,215 -1.0% in line
Net profit₹304₹294 -3.3% in line
AI read of the filing ₹2,366 Cr Revenue in Q1 FY27; Standalone PAT Declines 5.6% YoY Neutral
  • Standalone Revenue from Operations grew 17.9% YoY to ₹2,366.20 Cr.
  • Standalone Profit After Tax (PAT) decreased by 5.6% YoY to ₹158.62 Cr.
  • Engineering segment revenue increased 20.6% YoY to ₹1,566.26 Cr.
Full analysis →

S.A.L. Steel Limited

SALSTEEL · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹1,243 Cr
P/E
100.0
PEG
—
Since results
+23.9%
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1968 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -31.6%+629.9% 87.412.0128
Operating profit from loss+91.1% 13.67.1-5.3
OPM % +1968 bps-4372 bps 15.5%59.2%-4.2%
Net profit from lossfrom loss 3.1-1.0-9.7
PAT margin % +1112 bps+1206 bps 3.5%-8.5%-7.6%
EPS (₹) from lossfrom loss 0.21-0.07-1.14

Quality of profit

Pre-tax profit ₹4.5 Cr: core business ₹4.5 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations −₹84.0 Cr.

Borrowings ₹349 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹63.8₹87.4 +36.9% above
AI read of the filing SALSTEEL Reports Rs 3.09 Cr Q1 Profit, Turnaround from Rs 9.67 Cr Loss YoY Positive
  • Net Profit of Rs 3.09 Cr in Q1 FY27 compared to a loss of Rs 9.67 Cr in Q1 FY26.
  • Revenue from operations declined 31.5% YoY to Rs 87.37 Cr from Rs 127.55 Cr.
  • Total expenses reduced significantly by 41% to Rs 82.84 Cr from Rs 140.62 Cr YoY.
Full analysis →

Salasar Techno Engineering Limited

SALASAR · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹713 Cr
P/E
52.3
PEG
—
Since results
-30.5%
  • Profit -34% below its own trend
  • Operating margin contracted 255 bps YoY
  • 96% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -99%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -1.5%-33.6% 296445300
Operating profit -26.7%+56.7% 21.914.029.9
OPM % -255 bps+428 bps 7.4%3.1%10.0%
Other income +114.0%-12.4% 3.54.01.6
Net profit -41.5%from loss 5.1-14.08.8
PAT margin % -119 bps+489 bps 1.7%-3.1%2.9%
EPS (₹) -40.0%from loss 0.03-0.070.05

Quality of profit

Core 4%Other income & one-offs 96%

Pre-tax profit ₹3.6 Cr: core business ₹0.1 Cr, other income ₹3.5 Cr.

Core profit YoY: -98.6% · reported profit -41.5%

Cash & debt

FY26 cash from operations ₹161 Cr: 931% of FY26 net profit of ₹17.3 Cr.

Borrowings ₹422 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹291₹296 +1.4% in line
Net profit₹7.7₹5.1 -33.5% below
AI read of the filing Salasar Q1 FY27: Net Profit Drops 41.5% YoY to ₹5.14 Cr; EPC Revenue Contracts Negative
  • Consolidated Net Profit fell 41.5% YoY to ₹5.14 Cr from ₹8.80 Cr in Q1 FY26.
  • Consolidated Revenue from operations stood at ₹295.54 Cr, down from ₹300.17 Cr YoY.
  • EPC Projects segment revenue declined significantly by 31.2% YoY to ₹95.55 Cr.
Full analysis →

Technocraft Industries (India) Limited

TIIL · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹5,965 Cr
P/E
17.1
PEG
8.55
Since results
-7.8%
  • Profit +46% above its own trend
  • Operating margin expanded 441 bps YoY
  • Core business grew faster than reported profit (core profit +96%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +27.2%+13.1% 805712633
Operating profit +59.0%+27.8% 178139112
OPM % +441 bps+254 bps 22.1%19.5%17.7%
Other income +4.2%+188.5% 40.414.038.8
Net profit +67.3%+76.6% 13878.082.3
PAT margin % +410 bps+616 bps 17.1%11.0%13.0%
EPS (₹) +68.4%+75.7% 58.9733.5635.02

Quality of profit

Core 77%Other income & one-offs 23%

Pre-tax profit ₹175 Cr: core business ₹135 Cr, other income ₹40.4 Cr.

Core profit YoY: +95.6% · reported profit +67.3%

Cash & debt

FY26 cash from operations ₹243 Cr: 83% of FY26 net profit of ₹294 Cr.

Borrowings ₹819 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹648₹805 +24.2% above
Net profit₹94.1₹138 +46.4% above
AI read of the filing TIIL Q1 FY27 PAT Jumps 45% YoY to ₹86 Cr; Revenue Up 27% to ₹805 Cr Positive
  • Consolidated Revenue from Operations grew 27.2% YoY to ₹804.97 Cr from ₹632.85 Cr.
  • Net Profit after tax increased 45.1% YoY to ₹85.99 Cr compared to ₹59.26 Cr in Q1 FY26.
  • Drum Closures division delivered a high EBIT of ₹77.78 Cr on revenue of ₹175.71 Cr.
Full analysis →

VMS TMT Limited

VMSTMT · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹221 Cr
P/E
13.1
PEG
—
Since results
-10.9%
  • Operating margin contracted 431 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +16.7%+2.8% 248241212
Operating profit -38.1%+3.1% 12.111.719.5
OPM % -431 bps+1 bps 4.9%4.9%9.2%
Other income -89.2%-49.4% 0.10.21.1
Net profit -47.9%+95.1% 4.52.38.6
PAT margin % -224 bps+85 bps 1.8%0.9%4.0%
EPS (₹) -63.7%+95.7% 0.900.462.48

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹5.7 Cr: core business ₹5.6 Cr, other income ₹0.1 Cr.

Core profit YoY: -46.3% · reported profit -47.9%

AI read of the filing ₹4.47 Cr PAT: VMS TMT Reports 16.7% Revenue Growth but 48% Profit Decline in Q1 FY27 Negative
  • Revenue from operations increased 16.7% YoY to ₹247.76 cr from ₹212.26 cr.
  • Net Profit after tax declined 47.9% YoY to ₹4.47 cr compared to ₹8.58 cr in Q1 FY26.
  • Operating Margin contracted significantly to 3.89% from 8.57% in the previous year's quarter.
Full analysis →

Prakash Steelage Limited

PRAKASHSTL · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹61.0 Cr
P/E
98.2
PEG
—
Since results
-14.3%
  • Profit -14% below its own trend
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +2.3%-32.2% 16.824.816.4
Operating profit -1.2%+43.4% 0.40.30.5
OPM % -10 bps+139 bps 2.6%1.2%2.7%
Other income -95.9%-93.8% 0.00.10.2
Net profit -57.0%+308.8% 0.20.00.4
PAT margin % -134 bps+81 bps 1.0%0.2%2.3%
EPS (₹) -50.0%— 0.010.000.02

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹0.2 Cr: core business ₹0.2 Cr, other income ₹0.0 Cr.

Core profit YoY: -5.6% · reported profit -57.0%

Cash & debt

FY26 cash from operations ₹6.6 Cr: 787% of FY26 net profit of ₹0.8 Cr.

Borrowings ₹0.5 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹20.0₹16.8 -16.0% below
Net profit₹0.2₹0.2 -13.9% below
AI read of the filing Prakash Steelage Approves Q1 FY27 Results and Director Continuation Neutral
  • Board approved un-audited standalone financial results for the quarter ended June 30, 2026
  • Proposed continuation of Independent Director Sharad C. Bohra beyond the age of 75 years
  • The board meeting was conducted in a 30-minute window from 1:00 PM to 1:30 PM
Full analysis →

Sarthak Metals Limited

SMLT · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹106 Cr
P/E
—
PEG
—
Since results
+10.6%
  • 67% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 55.2——
Operating profit —— 1.6——
OPM % —— 2.8%——
Other income —— 1.4——
Net profit —— 1.3——
PAT margin % —— 2.4%——
EPS (₹) —— 0.97——

Quality of profit

Core 33%Other income & one-offs 67%

Pre-tax profit ₹2.1 Cr: core business ₹0.7 Cr, other income ₹1.4 Cr.

Core profit YoY: —

AI read of the filing SMLT Q1 Results: PAT up 25% YoY to ₹1.33 Cr; Revenue grows 19% to ₹55.2 Cr Positive
  • Revenue from operations grew 19.4% YoY to ₹55.21 Cr from ₹46.22 Cr in Q1 FY26.
  • Net Profit increased to ₹1.33 Cr, a 25.3% growth compared to ₹1.06 Cr in the same quarter last year.
  • Earnings Per Share (EPS) improved to ₹0.97 from ₹0.77 YoY.
Full analysis →

Mahamaya Steel Industries Limited

MAHASTEEL · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹1,835 Cr
P/E
183.7
PEG
7.99
Since results
+10.6%
  • Profit -34% below its own trend
  • Core business grew faster than reported profit (core profit +79%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +29.3%+1.7% 268263207
Operating profit +18.1%-26.4% 5.87.84.9
OPM % -20 bps-82 bps 2.2%3.0%2.4%
Other income +63.4%-90.3% 0.11.20.1
Net profit +22.6%-47.7% 2.14.11.7
PAT margin % -4 bps-75 bps 0.8%1.5%0.8%
EPS (₹) +22.6%-47.6% 1.302.481.06

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹2.9 Cr: core business ₹2.8 Cr, other income ₹0.1 Cr.

Core profit YoY: +79.0% · reported profit +22.6%

Cash & debt

FY26 cash from operations ₹8.0 Cr: 83% of FY26 net profit of ₹9.6 Cr.

Borrowings ₹58.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹231₹268 +15.6% above
Net profit₹3.2₹2.1 -34.3% below
AI read of the filing Mahamaya Steel Q1 FY27 Revenue up 29% YoY to ₹267.63 Cr; PAT at ₹2.13 Cr Neutral
  • Revenue from operations grew 29.2% YoY to ₹267.63 Cr compared to ₹207.05 Cr in Q1 FY26
  • Consolidated Net Profit increased 22.4% YoY to ₹2.13 Cr from ₹1.74 Cr
  • Cost of materials consumed stood at ₹211.29 Cr, representing 78.9% of total revenue
Full analysis →

Pennar Industries Limited

PENIND · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹2,314 Cr
P/E
16.3
PEG
0.71
Since results
+8.7%
  • 30% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +2.9%-5.9% 870925846
Operating profit +7.7%-11.8% 92.710586.0
OPM % +48 bps-71 bps 10.6%11.4%10.2%
Other income +76.6%+57.0% 14.19.08.0
Net profit +10.7%-13.6% 35.441.032.0
PAT margin % +29 bps-36 bps 4.1%4.4%3.8%
EPS (₹) +10.5%-13.8% 2.623.042.37

Quality of profit

Core 70%Other income & one-offs 30%

Pre-tax profit ₹46.8 Cr: core business ₹32.7 Cr, other income ₹14.1 Cr.

Core profit YoY: +2.1% · reported profit +10.7%

Cash & debt

FY26 cash from operations ₹202 Cr: 146% of FY26 net profit of ₹139 Cr.

Borrowings ₹1,162 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹963₹870 -9.6% below
Net profit₹37.3₹35.4 -5.0% in line
AI read of the filing Pennar Industries Q1 PAT Rises 10.8% YoY to ₹35.4 Cr; Revenue Up 2.9% Neutral
  • Consolidated Revenue from operations stood at ₹870.42 Cr, a 2.9% increase over ₹845.67 Cr in Q1 FY26.
  • Net Profit (PAT) grew 10.8% YoY to ₹35.41 Cr, compared to ₹31.96 Cr in the same period last year.
  • Custom Designed Building Solutions segment revenue rose significantly to ₹507.79 Cr from ₹411.87 Cr YoY.
Full analysis →

Hariom Pipe Industries Limited

HARIOMPIPE · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹1,037 Cr
P/E
15.1
PEG
—
Since results
-15.7%
  • Profit -40% below its own trend
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -6.9%-15.3% 429507461
Operating profit -13.3%-22.0% 49.964.057.6
OPM % -86 bps-100 bps 11.6%12.6%12.5%
Other income -1.7%-84.9% 1.49.01.4
Net profit -29.7%-44.7% 16.630.023.6
PAT margin % -125 bps-205 bps 3.9%5.9%5.1%
EPS (₹) -29.7%-44.9% 5.369.727.62

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹22.4 Cr: core business ₹21.0 Cr, other income ₹1.4 Cr.

Core profit YoY: -31.7% · reported profit -29.7%

Cash & debt

FY26 cash from operations ₹192 Cr: 254% of FY26 net profit of ₹75.6 Cr.

Borrowings ₹378 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹571₹429 -24.9% below
Net profit₹27.7₹16.6 -40.0% below
AI read of the filing Q1 PAT drops 26.5% YoY to ₹17.36 Cr; Perundurai unit closure impacts performance Negative
  • Revenue from operations fell 6.9% YoY to ₹429.18 Cr compared to ₹460.96 Cr in Q1 FY26
  • Net profit declined 26.5% YoY to ₹17.36 Cr from ₹23.61 Cr in the year-ago period
  • Perundurai unit was non-operational for nearly the entire quarter (April 2 to July 13, 2026)
Full analysis →

Rhetan TMT Limited

RHETAN · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹1,387 Cr
P/E
109.2
PEG
—
Since results
-35.8%
  • Profit +108% above its own trend
  • Operating margin contracted 2830 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -19.3%-52.1% 4.18.55.0
Operating profit to lossto loss -0.72.50.6
OPM % -2830 bps-4619 bps -16.3%29.9%12.0%
Other income +557.4%+100.6% 4.52.20.7
Net profit +316.7%+42.3% 3.22.20.8
PAT margin % +6269 bps+5159 bps 77.7%26.1%15.1%
EPS (₹) +300.0%+33.3% 0.040.030.01

Quality of profit

Pre-tax profit ₹3.3 Cr: core business −₹1.1 Cr, other income ₹4.5 Cr.

Core profit YoY: to loss · reported profit +316.7%

Against its own trend ?

TrendActualGap
Sales₹4.8₹4.1 -16.2% below
Net profit₹1.5₹3.2 +108.3% above
AI read of the filing 66.7% Capacity Expansion to 75,000 MTPA and Q1 Net Profit Up 316% YoY Positive
  • Manufacturing capacity to be enhanced by 30,000 MTPA, reaching a total of 75,000 MTPA
  • Net Profit increased to ₹3.16 cr in Q1 FY27 compared to ₹0.76 cr in Q1 FY26
  • Proposed increase in borrowing limits by ₹100 cr to a total of ₹300 cr
Full analysis →

VISA Chrome Limited

VISACHROME · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹494 Cr
P/E
—
PEG
—
Since results
-7.0%
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 120——
Operating profit —— 5.1——
OPM % —— 4.2%——
Other income —— 0.1——
Net profit —— -9.6——
PAT margin % —— -7.9%——
EPS (₹) —— -0.66——

Quality of profit

Pre-tax profit −₹9.6 Cr: core business −₹9.6 Cr, other income ₹0.1 Cr.

Core profit YoY: —

AI read of the filing VISA Chrome Q1 2026 Results: Auditor flags 'Going Concern' risk as net worth fully eroded Negative
  • Auditor Singhi & Co. issued a 'Going Concern' warning citing fully eroded net worth and accumulated losses.
  • Current liabilities are reported as 'substantially higher' than current assets as of June 30, 2026.
  • Vishal Agarwal re-appointed as Vice Chairman & Managing Director for 5 years effective June 25, 2027.
Full analysis →

Scoda Tubes Limited

SCODATUBES · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹720 Cr
P/E
—
PEG
—
Since results
-10.0%
  • Operating margin contracted 172 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +27.6%— 124—97.4
Operating profit +12.6%— 16.0—14.2
OPM % -172 bps— 12.9%—14.6%
Other income -7.4%— 1.6—1.8
Net profit -25.9%— 5.2—7.1
PAT margin % -305 bps— 4.2%—7.3%
EPS (₹) -38.9%— 0.88—1.44

Quality of profit

Core 77%Other income & one-offs 23%

Pre-tax profit ₹7.0 Cr: core business ₹5.4 Cr, other income ₹1.6 Cr.

Core profit YoY: -28.6% · reported profit -25.9%

AI read of the filing Scoda Tubes Q1 Revenue up 27.6% YoY to ₹124.35 Cr, but PAT drops 25.8% Negative
  • Revenue from operations grew 27.6% YoY to ₹124.35 cr from ₹97.42 cr.
  • Net Profit (PAT) fell 25.8% YoY to ₹5.25 cr compared to ₹7.08 cr in Q1 FY26.
  • Finance costs increased to ₹6.48 cr, a 27% rise from ₹5.10 cr in the previous year's quarter.
Full analysis →

Gandhi Special Tubes Limited

GANDHITUBE · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹1,070 Cr
P/E
14.3
PEG
0.90
Since results
-0.2%
  • Profit +11% above its own trend
  • Operating margin expanded 341 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +18.9%+21.2% 57.247.248.1
Operating profit +28.3%+36.7% 26.619.520.8
OPM % +341 bps+530 bps 46.6%41.3%43.2%
Other income +28.5%from loss 10.4-5.28.1
Net profit +29.3%+198.5% 27.99.421.6
PAT margin % +393 bps+2902 bps 48.8%19.8%44.9%
EPS (₹) +29.3%+198.6% 22.997.7017.78

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹36.1 Cr: core business ₹25.7 Cr, other income ₹10.4 Cr.

Core profit YoY: +29.5% · reported profit +29.3%

Cash & debt

FY26 cash from operations ₹55.0 Cr: 80% of FY26 net profit of ₹68.4 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹54.6₹57.2 +4.8% in line
Net profit₹25.1₹27.9 +11.2% above
AI read of the filing 29.3% PAT Growth in Q1 FY27; Revenue Rises 18.9% to ₹57.20 Cr Positive
  • Revenue from operations increased to ₹57.20 Cr in Q1 FY27 from ₹48.11 Cr in Q1 FY26.
  • Net Profit (PAT) rose 29.3% YoY to ₹27.94 Cr, up from ₹21.61 Cr.
  • Other income included a significant gain of ₹9.32 Cr from fair value adjustments on investments.
Full analysis →

Rajputana Stainless Limited

RSL · Iron & Steel · Q1 FY27 · Standalone · Filed
M Cap
₹1,438 Cr
P/E
—
PEG
—
Since results
+10.0%
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 307——
Operating profit —— 28.7——
OPM % —— 9.4%——
Other income —— 2.3——
Net profit —— 20.2——
PAT margin % —— 6.6%——
EPS (₹) —— 2.42——

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹27.2 Cr: core business ₹24.9 Cr, other income ₹2.3 Cr.

Core profit YoY: —

AI read of the filing Rajputana Stainless Declares ₹0.50 Dividend; ₹18.57 Cr IPO Capex Remains Unutilized Neutral
  • Final dividend of ₹0.50 per equity share (5% of face value) confirmed for FY26.
  • Record date for dividend and AGM voting eligibility set for September 16, 2026.
  • ₹18.57 crore allocated for Capex (Panchmahal Facility) from IPO proceeds is 0% utilized as of June 30, 2026.
Full analysis →

Bedmutha Industries Limited

BEDMUTHA · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹355 Cr
P/E
24.1
PEG
—
Since results
-5.9%
  • Turnaround: profit against a loss a year ago
  • 46% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +74.3%+24.2% 541436311
Operating profit +69.0%-22.8% 17.823.010.5
OPM % -10 bps-200 bps 3.3%5.3%3.4%
Other income +312.6%-77.1% 3.214.00.8
Net profit from loss-53.9% 6.915.0-3.3
PAT margin % +234 bps-216 bps 1.3%3.4%-1.1%
EPS (₹) from loss-52.5% 2.154.53-1.02

Quality of profit

Core 54%Other income & one-offs 46%

Pre-tax profit ₹6.9 Cr: core business ₹3.7 Cr, other income ₹3.2 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹158 Cr: 3530% of FY26 net profit of ₹4.5 Cr.

Borrowings ₹208 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹424₹541 +27.7% above
AI read of the filing Bedmutha Q1 Revenue Jumps 74% YoY to ₹541 Cr; Profit Aided by ₹7.20 Cr Asset Sale Neutral
  • Standalone Revenue for Q1 FY27 reached ₹541.43 Cr, a 74.3% increase from ₹310.60 Cr in Q1 FY26.
  • Net Profit of ₹6.93 Cr was reported, but includes a one-time profit of ₹7.20 Cr from the transfer of leasehold rights.
  • Copper segment revenue surged to ₹414.66 Cr, now accounting for 76.5% of total segment revenue.
Full analysis →

Mishra Dhatu Nigam Limited

MIDHANI · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹8,252 Cr
P/E
61.0
PEG
—
Since results
+2.7%
  • Operating margin contracted 475 bps YoY
  • 42% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +40.5%-56.7% 239553170
Operating profit +7.1%-68.4% 36.611634.2
OPM % -475 bps-569 bps 15.3%21.0%20.0%
Other income +40.3%-33.4% 10.015.07.1
Net profit +28.6%-78.9% 16.578.012.8
PAT margin % -63 bps-723 bps 6.9%14.1%7.5%
EPS (₹) +29.4%-78.8% 0.884.160.68

Quality of profit

Core 58%Other income & one-offs 42%

Pre-tax profit ₹24.1 Cr: core business ₹13.9 Cr, other income ₹10.0 Cr.

Core profit YoY: +17.3% · reported profit +28.6%

Cash & debt

FY26 cash from operations ₹155 Cr: 118% of FY26 net profit of ₹132 Cr.

Borrowings ₹407 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹188₹239 +27.5% above
Net profit₹15.8₹16.5 +4.4% in line
AI read of the filing 27.4% PAT growth in Q1; Order book reaches ₹2,329 Cr (1.9x TTM Revenue) Positive
  • Turnover grew 40.46% YoY to ₹239.49 Cr from ₹170.50 Cr in the previous year's corresponding quarter.
  • Order book position as of July 1, 2026, stood at ₹2,329 Cr, providing nearly two years of revenue visibility.
  • Profit After Tax (PAT) increased 27.42% YoY to ₹16.31 Cr.
Full analysis →

Hi-Tech Pipes Limited

HITECH · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹1,438 Cr
P/E
19.1
PEG
0.91
Since results
-15.7%
  • Operating margin contracted 169 bps YoY
  • FY26 operating cash flow was only 4% of profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +78.5%-4.5% 1,4131,480791
Operating profit +20.3%+7.3% 49.446.041.0
OPM % -169 bps+39 bps 3.5%3.1%5.2%
Other income -39.4%— 0.60.00.9
Net profit -4.2%+11.3% 20.018.020.9
PAT margin % -123 bps+20 bps 1.4%1.2%2.6%
EPS (₹) -4.8%+13.8% 0.990.871.04

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹26.5 Cr: core business ₹25.9 Cr, other income ₹0.6 Cr.

Core profit YoY: -4.2% · reported profit -4.2%

Cash & debt

FY26 cash from operations ₹3.0 Cr: 4% of FY26 net profit of ₹76.3 Cr.

Borrowings ₹268 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,038₹1,413 +36.2% above
Net profit₹22.1₹20.0 -9.3% in line
AI read of the filing 78.5% YoY Revenue Surge to ₹1,412.80 Cr for Hi-Tech Pipes in Q1 FY27 Neutral
  • Consolidated Revenue from operations grew 78.5% YoY to ₹1,412.80 Cr from ₹791.36 Cr.
  • Net Profit after tax stood at ₹20.04 Cr, a slight decline from ₹20.92 Cr in Q1 FY26.
  • Finance costs doubled YoY to ₹15.67 Cr from ₹7.82 Cr, impacting the bottom line.
Full analysis →

Mukand Limited

MUKANDLTD · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹2,543 Cr
P/E
4.1
PEG
0.08
Since results
+26.7%
  • Profit +66% above its own trend
  • Operating margin contracted 364 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +20.7%+7.3% 1,3621,2691,129
Operating profit -84.7%from loss 7.2-17.047.0
OPM % -364 bps+187 bps 0.5%-1.3%4.2%
Other income +169.3%-79.3% 10550839.0
Net profit +97.8%-89.7% 57.455529.0
PAT margin % +164 bps-3952 bps 4.2%43.7%2.6%
EPS (₹) +97.5%-89.7% 3.9738.412.01

Quality of profit

Pre-tax profit ₹60.2 Cr: core business −₹44.8 Cr, other income ₹105 Cr.

Core profit YoY: loss widened · reported profit +97.8%

Cash & debt

FY26 cash from operations −₹441 Cr: -75% of FY26 net profit of ₹585 Cr.

Borrowings ₹1,697 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,101₹1,362 +23.7% above
Net profit₹34.6₹57.4 +65.9% above
AI read of the filing 97.6% PAT Growth in Q1 FY27; Mukand Ltd Reports Strong Specialty Steel Performance Positive
  • Consolidated Revenue from Operations grew 20.7% YoY to ₹1,362.21 cr in Q1 FY27.
  • Consolidated Net Profit surged 97.6% YoY to ₹57.36 cr compared to ₹29.03 cr in Q1 FY26.
  • Industrial Machinery & Engineering segment turned profitable with a result of ₹2.13 cr vs a loss of ₹2.75 cr YoY.
Full analysis →

Man Industries (India) Limited

MANINDS · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹6,510 Cr
P/E
31.8
PEG
0.74
Since results
+58.2%
  • Profit +70% above its own trend
  • Operating margin expanded 700 bps YoY
  • Core business grew faster than reported profit (core profit +989%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +41.9%-9.0% 1,0531,157742
Operating profit +192.0%+2.4% 14314049.1
OPM % +700 bps+152 bps 13.6%12.1%6.6%
Other income -62.4%+47.9% 11.88.031.5
Net profit +122.4%+20.5% 61.451.027.6
PAT margin % +211 bps+143 bps 5.8%4.4%3.7%
EPS (₹) +98.3%+20.8% 8.196.784.13

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹85.5 Cr: core business ₹73.6 Cr, other income ₹11.8 Cr.

Core profit YoY: +989.1% · reported profit +122.4%

Cash & debt

FY26 cash from operations ₹515 Cr: 302% of FY26 net profit of ₹171 Cr.

Borrowings ₹628 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹752₹1,053 +40.1% above
Net profit₹36.1₹61.4 +70.4% above
AI read of the filing Rs 77.95 Cr Q1 Standalone PAT: Man Industries Reports 167% YoY Profit Surge Positive
  • Standalone Revenue from Operations grew 41.6% YoY to Rs 1,009.92 Cr from Rs 713.10 Cr.
  • Standalone Net Profit jumped 167.6% YoY to Rs 77.95 Cr, resulting in a Basic EPS of Rs 10.39.
  • Finance costs decreased significantly to Rs 32.07 Cr in Q1 FY27 from Rs 55.08 Cr in the preceding quarter.
Full analysis →

Sunflag Iron And Steel Company Limited

SUNFLAG · Iron & Steel · Q1 FY27 · Consolidated · Filed
M Cap
₹7,926 Cr
P/E
38.6
PEG
—
Since results
+20.6%
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +5.5%+7.8% 1,0791,0011,023
Operating profit -0.6%-3.8% 119124120
OPM % -67 bps-133 bps 11.1%12.4%11.7%
Other income +5.2%+250.7% 10.53.010.0
Net profit +4.8%+94.3% 66.034.063.0
PAT margin % -4 bps+273 bps 6.1%3.4%6.2%
EPS (₹) +5.5%+92.6% 3.661.903.47

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹88.0 Cr: core business ₹75.4 Cr, other income ₹10.5 Cr, exceptional & other items ₹2.1 Cr.

Core profit YoY: +4.7% · reported profit +4.8%

Against its own trend ?

TrendActualGap
Sales₹1,155₹1,079 -6.5% below
Net profit₹72.6₹66.0 -9.1% in line
AI read of the filing Sunflag Q1 PAT up 88% QoQ to ₹64 Cr; Revenue Grows 6.5% YoY Positive
  • Standalone Revenue from operations reached ₹1,078.95 Cr, up 6.5% from ₹1,012.81 Cr in the year-ago quarter.
  • Net Profit after tax stood at ₹63.96 Cr, a sharp recovery from ₹33.95 Cr in the preceding quarter.
  • Finance costs decreased significantly to ₹14.01 Cr from ₹20.54 Cr in Q1 FY26.
Full analysis →

Standouts so far

Biggest profit growth

  1. Aeroflex Enterprises+614.2%
  2. Rhetan TMT+316.7%
  3. Welspun+200.3%
  4. Aeroflex Industries+168.5%
  5. APL Apollo+126.7%

Biggest profit declines

  1. Jindal Saw-78.1%
  2. Bansal Wire-47.9%
  3. JINDAL STEEL-43.6%
  4. Hariom Pipe-29.7%
  5. Bharat Wire-23.6%

Best price reaction

  1. Ratnaveer Precision+86.4%
  2. Welspun+71.1%
  3. Man Industries+58.2%
  4. Aeroflex Industries+41.1%
  5. Sambhv Steel+35.6%

Worst price reaction

  1. Rhetan TMT-35.8%
  2. Tube Investments-18.3%
  3. Bharat Wire-17.7%
  4. Surya Roshni-16.0%
  5. Hariom Pipe-15.7%

Among companies with a market cap of ₹1,000 Cr or more, so a tiny base does not top the list. Price reaction: last close against the close before the filing.

Reporting in the next three days

HCL Technologies (Mon 12 Oct), ICICI Prudential (Mon 12 Oct), RBL Bank (Mon 12 Oct), Swan Defence (Mon 12 Oct), Gujarat State (Mon 12 Oct), Swaraj Engines (Mon 12 Oct), Plastiblends India (Mon 12 Oct), UMIYA BUILDCON (Mon 12 Oct), Alkali Metals (Mon 12 Oct), Gradiente Infotainment (Mon 12 Oct), Agri-Tech (India) (Mon 12 Oct), Abhishek Integrations (Mon 12 Oct), Rudra Ecovation (Mon 12 Oct), Newtrac Foods (Mon 12 Oct), Inani Securities (Mon 12 Oct), Neil Industries (Mon 12 Oct), Adroit Industries (Mon 12 Oct), TYPHOON (Mon 12 Oct), UNIVARTS (Mon 12 Oct), VERONICAPRO (Mon 12 Oct), ICICI Prudential (Tue 13 Oct), Tata Elxsi (Tue 13 Oct), Transformers And Rectifiers (Tue 13 Oct), Anand Rathi (Tue 13 Oct) and 87 more. Full results calendar →

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.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI