Choksi Asia Ltd (530427)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Choksi Asia's revenue was ₹9.2 Cr (-22.5% year on year, -22.3% on the previous quarter), and net profit ₹1.0 Cr (-10.1% year on year); the operating margin was 14.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹9.2 | -22.5% | -22.3% |
| Operating profit | ₹1.4 | -0.8% | -31.1% |
| Net profit | ₹1.0 | -10.1% | +28.2% |
| EPS (₹) | 1.69 | -10.1% | +28.0% |
| Operating margin | 14.9% | — | — |
📢 Recent Corporate Announcements
Choksi Asia reported a contraction in its top-line for Q1 FY27, with revenue falling 22.5% YoY to ₹9.22 Cr. Despite the revenue drop, Net Profit (PAT) showed a sequential recovery, growing 28% from ₹0.75 Cr in Q4 FY26 to ₹0.96 Cr this quarter. Profitability was supported by a significant 25.3% YoY reduction in total expenses, primarily driven by lower stock-in-trade purchases. The company maintains a lean balance sheet with a debt-to-equity ratio of 0.05.
- Revenue from operations fell to ₹9.22 Cr in Q1 FY27 from ₹11.90 Cr in Q1 FY26.
- Net Profit (PAT) stood at ₹0.96 Cr, down 10.3% YoY but up 28% sequentially.
- Total expenses decreased to ₹7.97 Cr from ₹10.67 Cr in the year-ago period.
- Earnings Per Share (EPS) for the quarter was ₹1.69 compared to ₹1.88 in the same quarter last year.
- Profit Before Tax (PBT) margin improved to 16.7% compared to 12.7% in Q1 FY26.
Choksi Asia reported a weak start to FY27 with revenue from operations falling 22.5% YoY to ₹9.22 Cr. Net Profit followed suit, declining 10.3% YoY to ₹0.96 Cr, although it showed a sequential improvement of 27.8% from the previous quarter (₹0.75 Cr). The decline in revenue was partially offset by a sharp reduction in total expenses, which fell from ₹10.67 Cr to ₹7.97 Cr YoY, primarily due to lower stock-in-trade purchases. The company continues to operate exclusively in the Non-Destructive Testing industry segment.
- Revenue from operations fell to ₹9.22 Cr in Q1 FY27 from ₹11.90 Cr in Q1 FY26, a 22.5% drop.
- Net Profit After Tax stood at ₹0.96 Cr, down 10.3% compared to ₹1.07 Cr in the year-ago period.
- Total expenses decreased significantly to ₹7.97 Cr from ₹10.67 Cr YoY, driven by a reduction in stock-in-trade purchases to ₹1.96 Cr.
- Earnings Per Share (EPS) for the quarter was ₹1.69, compared to ₹1.88 in Q1 FY26.
- The company maintains a low debt profile with finance costs for the quarter at only ₹3.55 lakhs.
Choksi Asia Ltd has scheduled a board meeting for August 11, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company enters this quarter following a strong FY26, where annual revenue grew to ₹49.31 cr from ₹36.98 cr in FY25. Investors will be monitoring if the company can sustain its TTM operating margin of 13.7% and its recent growth momentum, which has seen the stock price rise 165.8% over the last 12 months. The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.05.
- Board meeting scheduled for August 11, 2026, to approve quarterly results
- Results pertain to the first quarter (Q1) ended June 30, 2026
- Company reported a TTM revenue of ₹49 cr and PAT of ₹5 cr prior to this period
- Promoter holding remains stable at 71.15% as of the June 2026 quarter
- Market capitalization stands at ₹133 cr with a P/E of 25.2
Choksi Asia Ltd has responded to a BSE query regarding significant movement in its share price. The company stated that there are no undisclosed material events or information that require disclosure under Regulation 30 of SEBI (LODR) Regulations. Management attributed the recent price volatility entirely to market conditions. This clarification comes as the stock has delivered a 165.8% return over the last 12 months, significantly outperforming its financial growth (FY26 revenue grew 33% YoY).
- BSE sought clarification on August 4, 2026, regarding significant price movement in the company's securities.
- Company confirmed on August 5, 2026, that no reportable events or information remain undisclosed.
- Stock has experienced a 165.8% price return over the last 12 months and 74.7% over the last 3 months.
- Market capitalization stands at Rs 133 Cr against a TTM revenue of Rs 49 Cr.
- Promoter holding remains stable at 71.15% as of June 2026.
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