Surbhi Industries Ltd (514260)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Surbhi Industries' revenue was ₹6.7 Cr (-18.3% year on year, -13.9% on the previous quarter), and net profit ₹0.4 Cr (-24.8% year on year); the operating margin was 20.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹6.7 | -18.3% | -13.9% |
| Operating profit | ₹1.4 | -9.4% | +49.7% |
| Net profit | ₹0.4 | -24.8% | -59.0% |
| EPS (₹) | 1.05 | -25.0% | -59.0% |
| Operating margin | 20.6% | — | — |
📢 Recent Corporate Announcements
Surbhi Industries announced that shareholders at the 35th Annual General Meeting held on September 29, 2026, approved the re-appointment of key promoter leadership. Mr. Ravjibhai Parbatbhai Patel was re-appointed as Managing Director for a 5-year term. Additionally, Mr. Bipinbhai Jasmatbhai Patel was re-appointed as Whole Time Director for 5 years effective October 1, 2026. Both leaders are founders and promoters of the micro-cap textile company, which reported TTM revenue of Rs 30 Cr and market cap of Rs 34 Cr.
- Re-appointment of Mr. Ravjibhai Parbatbhai Patel as Managing Director for 5 consecutive years
- Re-appointment of Mr. Bipinbhai Jasmatbhai Patel as Whole Time Director for 5 years effective October 1, 2026
- Shareholder approval granted at the 35th AGM held on September 29, 2026
Surbhi Industries announced that shareholders at the 35th Annual General Meeting held on September 29, 2026, approved the re-appointment of key promoter leadership. Mr. Ravjibhai Parbatbhai Patel was re-appointed as Managing Director for a 5-year term. Additionally, Mr. Bipinbhai Jasmatbhai Patel was re-appointed as Whole Time Director for 5 years effective October 1, 2026. Both leaders are founders and promoters of the micro-cap textile company, which reported TTM revenue of Rs 30 Cr and market cap of Rs 34 Cr.
- Re-appointment of Mr. Ravjibhai Parbatbhai Patel as Managing Director for 5 consecutive years
- Re-appointment of Mr. Bipinbhai Jasmatbhai Patel as Whole Time Director for 5 years effective October 1, 2026
- Shareholder approval granted at the 35th AGM held on September 29, 2026
Surbhi Industries reported a weak start to the fiscal year with Q1 FY27 revenue declining 18.3% YoY to ₹6.68 Cr. Net profit followed suit, dropping 25% YoY to ₹0.36 Cr from ₹0.48 Cr in the year-ago period. Sequentially, the performance was even softer, with PAT falling 59% from ₹0.88 Cr in March 2026, although the previous quarter's profit was inflated by a deferred tax credit. The company continues to operate with a high debt-to-equity ratio of 1.23 in a competitive textile segment.
- Revenue from operations fell to ₹6.68 Cr, down 18.3% from ₹8.18 Cr in June 2025
- Net profit for the quarter stood at ₹0.36 Cr compared to ₹0.48 Cr in the same quarter last year
- Finance costs decreased to ₹0.29 Cr from ₹0.54 Cr in June 2025, indicating some debt servicing improvement
- Earnings Per Share (EPS) declined to ₹1.05 from ₹1.40 YoY
- Total expenses reduced to ₹6.62 Cr from ₹8.11 Cr YoY, primarily driven by lower material consumption
Surbhi Industries reported a weak performance for the quarter ended June 30, 2026, with both top and bottom lines contracting. Revenue from operations fell 18.3% YoY to ₹6.68 Cr, while Net Profit dropped 24.9% YoY to ₹0.36 Cr. On a sequential basis, the decline was sharper, with Net Profit falling 58.9% from ₹0.88 Cr in the preceding March quarter. Despite the drop in earnings, finance costs saw a significant reduction of 45% YoY, providing some relief to the bottom line.
- Revenue from operations decreased 18.3% YoY to ₹6.68 Cr from ₹8.18 Cr.
- Net Profit for the quarter stood at ₹36.09 Lakhs, down from ₹48.04 Lakhs in the same quarter last year.
- Finance costs reduced significantly to ₹29.29 Lakhs compared to ₹53.62 Lakhs YoY.
- Depreciation and amortization expenses increased to ₹1.02 Cr from ₹0.91 Cr YoY.
- Basic EPS for the quarter declined to ₹1.05 from ₹1.40 in the previous year's corresponding period.
Surbhi Industries Ltd has submitted a formal intimation to the exchange regarding the non-applicability of Regulation 32 for the quarter ended June 30, 2026. The company confirmed that no funds were raised through Initial Public Offer (IPO), Further Public Offer (FPO), Rights Issue, or Preferential Issue during this period. Consequently, there are no deviations or variations in the utilization of proceeds to report. This is a standard procedural filing required for regulatory compliance.
- Zero funds raised through public or preferential issues during the quarter ended June 30, 2026
- Compliance filing submitted to the Bombay Stock Exchange on July 28, 2026
- Statement of deviation or variation is not applicable as per Regulation 32(1) of SEBI LODR
- Company noted inability to file in XBRL mode due to the system not accepting NIL entries
Surbhi Industries has scheduled a board meeting for July 28, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for the micro-cap company, which has a market capitalization of ₹28 Cr. Investors will be monitoring if the company can sustain its TTM operating profit margin of 16.9% and improve upon the ₹0.88 Cr net profit reported in the previous quarter (March 2026). The company currently operates with a relatively high debt-to-equity ratio of 1.23.
- Board meeting scheduled for July 28, 2026, at 03:00 P.M. in Surat.
- Agenda includes approval of unaudited financial results for the quarter ended June 30, 2026.
- Company reported a TTM revenue of ₹32 Cr against a market cap of ₹28 Cr.
- Previous quarter (March 2026) revenue stood at ₹7.76 Cr with an EPS of ₹2.56.
- Promoter holding remains stable at 71.83% as of June 2026.
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