Sudal Industries Ltd (506003)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Sudal Industries' revenue was ₹53.1 Cr (+27.4% year on year, +7.4% on the previous quarter), and net profit ₹3.1 Cr (+664.4% year on year); the operating margin was 11.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹53.1 | +27.4% | +7.4% |
| Operating profit | ₹6.0 | +220.0% | +41.7% |
| Net profit | ₹3.1 | +664.4% | +440.3% |
| EPS (₹) | 3.71 | +657.1% | +437.7% |
| Operating margin | 11.2% | — | — |
📢 Recent Corporate Announcements
Sudal Industries reported a strong Q1 (ended June 30, 2026) with revenue from operations rising 27.4% YoY to Rs 53.12 Cr (Rs 5,312.35 Lakhs) compared to Rs 41.69 Cr in Q1 FY26. Net profit surged over 7-fold YoY to Rs 3.03 Cr from Rs 0.41 Cr in the prior-year period. The Board also approved the re-appointment of Sudarshan Shriram Chokhani as Managing Director for 3 years effective September 1, 2026, subject to shareholder approval at the 47th AGM on September 26, 2026. However, statutory auditors retained a qualified opinion and highlighted material uncertainty regarding going concern due to pending Supreme Court proceedings over the company's insolvency resolution plan.
- Revenue from operations grew 27.4% YoY to Rs 53.12 Cr (Rs 5,312.35 Lakhs) vs Rs 41.69 Cr in Q1 FY26
- Net profit surged to Rs 3.03 Cr (Rs 303.41 Lakhs) vs Rs 0.41 Cr in Q1 FY26 and Rs 0.58 Cr in Q4 FY26
- Profit before tax (PBT) expanded to Rs 4.65 Cr (Rs 465.16 Lakhs) compared to Rs 0.72 Cr in the year-ago quarter
- Mr. Sudarshan Shriram Chokhani re-appointed as Managing Director for a 3-year term from Sep 1, 2026 to Aug 31, 2029
- Auditor issued a qualified conclusion on going concern pending Supreme Court outcome on the Pre-packaged Insolvency Resolution Plan
Sudal Industries reported a strong financial turnaround for Q1 FY27 (quarter ended June 30, 2026), with revenue from operations growing 27.4% YoY to ₹53.12 Cr compared to ₹41.69 Cr in Q1 FY26. Net profit surged to ₹3.13 Cr against ₹0.41 Cr in the corresponding prior-year quarter, driving quarterly EPS to ₹3.75. However, statutory auditors issued a qualified conclusion and highlighted material uncertainty regarding the company's going concern status due to ongoing litigation in the Supreme Court over its Pre-packaged Insolvency Resolution Plan. The Board also approved the re-appointment of Mr. Sudarshan Chokhani as Managing Director for 3 years starting September 1, 2026.
- Revenue from operations rose 27.4% YoY to ₹53.12 Cr from ₹41.69 Cr in Q1 FY26
- Net profit increased over sevenfold to ₹3.13 Cr compared to ₹0.41 Cr in Q1 FY26
- Basic & Diluted EPS for the quarter jumped to ₹3.75 from ₹0.49 YoY
- Auditors issued a qualified opinion citing pending Supreme Court proceedings regarding NCLAT's order setting aside the company's insolvency resolution plan
- Managing Director Sudarshan Chokhani re-appointed for a 3-year term from September 1, 2026 to August 31, 2029
Sudal Industries reported a strong sequential and YoY operational uptick for Q1 FY27, with revenue from operations rising 27.4% YoY to Rs 53.12 Cr (5,312.35 Lakhs) compared to Rs 41.69 Cr in Q1 FY26. Net profit surged to Rs 3.13 Cr (313.40 Lakhs) compared to Rs 0.41 Cr in Q1 FY26 and Rs 0.64 Cr in Q4 FY26, bringing quarterly EPS to Rs 3.74. However, the statutory auditor issued a qualified conclusion and flagged material uncertainty regarding going concern due to the sub-judice appeal before the Supreme Court regarding the NCLAT order setting aside its Pre-packaged Insolvency Resolution Plan. Additionally, the Board approved the re-appointment of Mr. Sudarshan Chokhani as Managing Director for 3 years starting September 1, 2026.
- Revenue from operations grew 27.4% YoY to Rs 53.12 Cr (5,312.35 Lakhs) in Q1 FY27 vs Rs 41.69 Cr in Q1 FY26
- Net profit increased significantly to Rs 3.13 Cr (313.40 Lakhs) vs Rs 0.41 Cr in Q1 FY26 and Rs 0.64 Cr in Q4 FY26
- Basic and diluted EPS for the quarter reached Rs 3.74 vs Rs 0.49 in the year-ago quarter
- Statutory auditors issued a qualified opinion highlighting going concern uncertainty pending the Supreme Court ruling on the insolvency resolution plan
- Re-appointment of Mr. Sudarshan Chokhani as Managing Director approved for a 3-year term from September 1, 2026 to August 31, 2029
Sudal Industries has scheduled a board meeting for August 14, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is coming off a challenging FY26 where it reported a net loss of ₹1.0 crore despite a revenue of ₹182 crore. With a small market cap of ₹28 crore and a 60% share price decline over the last year, these results are critical for assessing operational recovery. The trading window for insiders has been closed since July 1, 2026.
- Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results
- Trading window for insiders closed from July 1, 2026, until 48 hours post-announcement
- Company reported a TTM revenue of ₹182 crore against a small market cap of ₹28 crore
- FY26 annual performance showed a net loss of ₹1.0 crore
- Share price has declined by 60.1% over the last 12 months
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