Comfort Intech Ltd (531216)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Comfort Intech's revenue was ₹38.4 Cr (+89.0% year on year, +52.2% on the previous quarter), and net profit ₹4.8 Cr (-6.6% year on year); the operating margin was 3.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹38.4 | +89.0% | +52.2% |
| Operating profit | ₹1.5 | -8.8% | -49.8% |
| Net profit | ₹4.8 | -6.6% | from loss |
| EPS (₹) | 0.15 | -6.3% | from loss |
| Operating margin | 3.9% | — | — |
📢 Recent Corporate Announcements
Comfort Intech Limited has issued a shareholder communication regarding the deduction of tax at source (TDS) on its proposed final dividend of ₹0.05 per equity share (5% on face value of ₹1) for FY26. The record date to determine eligible shareholders is Monday, September 14, 2026, with share transfer books closed from September 15 to September 21, 2026. Standard resident TDS is applicable at 10% for valid PAN holders, increasing to 20% if PAN is missing or invalid, with an exemption threshold of ₹10,000 for individual residents.
- Final dividend recommended at ₹0.05 per equity share (5% on face value of ₹1) for FY26
- Record date fixed as September 14, 2026 to determine shareholder eligibility
- Book closure period scheduled from September 15, 2026 to September 21, 2026
- TDS rate set at 10% for resident shareholders with valid PAN; nil TDS for dividend payout up to ₹10,000
Comfort Intech Limited has issued a tax deduction at source (TDS) communication to shareholders regarding its proposed final dividend of 5% (Rs 0.05 per equity share of face value Re 1) for FY26. The record date to determine eligible shareholders and tax documentation status is Monday, September 14, 2026. Standard TDS will be deducted at 10% for resident shareholders with a valid PAN and 20% without PAN or with inoperative PAN, while dividends up to Rs 10,000 are exempt from TDS. The final dividend remains subject to shareholder approval at the upcoming 32nd Annual General Meeting.
- Recommended final dividend of 5% or Rs 0.05 per equity share (face value Re 1) for FY26
- Record date established as Monday, September 14, 2026 for dividend eligibility
- Register of members closed from September 15, 2026 to September 21, 2026 for AGM
- Standard resident TDS rate is 10% with PAN, rising to 20% without PAN, with nil TDS for payouts up to Rs 10,000
Comfort Intech Limited has released its 32nd Annual Report for the financial year 2025-26 pursuant to Regulation 34(1) of SEBI LODR. The company's 32nd Annual General Meeting (AGM) is scheduled to be held on Monday, September 21, 2026, at 11:00 AM IST via video conferencing. The report outlines operations across its core segments, including liquor manufacturing via subsidiary Liquors India Limited and its diversified goods and agro-trading division.
- 32nd AGM scheduled for Monday, September 21, 2026, at 11:00 AM IST via Video Conferencing
- Filing covers Annual Report disclosures for FY 2025-26
- Company Secretary and Compliance Officer Sujay S. Gokhale appointed effective August 12, 2026
- Director Devendra Lal Thakur redesignated as Non-Executive Non-Independent Director effective November 24, 2025
Comfort Intech Limited has issued the notice convening its 32nd Annual General Meeting (AGM) on September 21, 2026, via video conferencing. The company set September 14, 2026, as the record date for determining shareholder eligibility for both the AGM and a proposed final dividend of ₹0.05 per share (5% of face value ₹1.00). Alongside standard financial statement adoption, the AGM agenda seeks shareholder approval for material related-party transactions across group entities for FY27 and onwards.
- 32nd AGM scheduled for Monday, September 21, 2026, at 11:00 AM IST via Video Conferencing.
- Proposed final dividend of ₹0.05 per equity share (5% on face value of ₹1.00 each) for FY26.
- Record date for dividend entitlement and AGM voting cut-off fixed as Monday, September 14, 2026.
- Remote e-voting period runs from September 18, 2026 (9:00 AM IST) to September 20, 2026 (5:00 PM IST).
- Special resolution proposed to approve material related-party transactions with group entities for FY27 and onwards.
Comfort Intech reported a sequential turnaround in Q1 FY27, posting a standalone PAT of ₹1.81 Cr compared to a loss of ₹0.14 Cr in the preceding quarter. Revenue grew 19.3% quarter-on-quarter to ₹36.34 Cr, supported by its liquor manufacturing and trading verticals. The company has set an ambitious target to triple its liquor segment revenue by FY 2026-27 by penetrating CSD and military canteen networks. While the quarterly performance is a recovery, the company still carries a TTM net loss of ₹3 Cr, making the execution of its expansion strategy vital for sustained valuation.
- Standalone PAT turned positive at ₹1.81 Cr in Q1 FY27 from a loss of ₹13.93 lakhs in Q4 FY26
- Revenue increased to ₹36.34 Cr in Q1 FY27, a 19.3% growth over the ₹30.47 Cr reported in Q4 FY26
- Targeting 3x revenue growth in the liquor segment by FY 2026-27 through CSD and military canteen channels
- Maintains a licensed production capacity of 1.56 million cases per year at its Hyderabad facility
- Holds a 65.3% controlling stake in its primary manufacturing subsidiary, Liquors India Limited
Comfort Intech reported a 40% YoY increase in standalone revenue to ₹36.34 Cr for Q1 FY27, though standalone PAT dipped to ₹1.81 Cr from ₹2.05 Cr. The growth was entirely driven by the Trading segment, which surged 149% to ₹19.80 Cr, while the core Liquor Manufacturing segment saw a 7.7% revenue decline to ₹15.89 Cr. The company appointed Mr. Sujay S. Gokhale as Company Secretary and Compliance Officer effective August 12, 2026. Additionally, the board fixed September 14, 2026, as the record date for the final dividend and the upcoming AGM on September 21, 2026.
- Standalone revenue for Q1 FY27 increased 40% YoY to ₹36.34 Cr.
- Trading segment revenue jumped 149.6% YoY to ₹19.80 Cr from ₹7.93 Cr.
- Liquor manufacturing revenue declined 7.7% YoY to ₹15.89 Cr.
- Standalone PAT for the quarter was ₹1.81 Cr, down from ₹2.05 Cr in the previous year's quarter.
- Record date for final dividend and AGM eligibility set for September 14, 2026.
Comfort Intech reported a 40% YoY increase in consolidated revenue to ₹38.36 Cr for Q1 FY27, primarily driven by a 150% surge in the trading segment. However, consolidated net profit declined by 14% YoY to ₹1.51 Cr, reflecting margin pressure as the liquor division's revenue softened slightly to ₹17.91 Cr. The board has fixed September 14, 2026, as the record date for the final dividend and the 32nd AGM. Additionally, the company appointed a new Company Secretary and Internal Auditor to strengthen corporate governance.
- Consolidated revenue increased to ₹38.36 Cr in Q1 FY27 from ₹27.46 Cr in Q1 FY26.
- Trading segment revenue grew significantly to ₹19.80 Cr, up from ₹7.93 Cr YoY.
- Consolidated net profit fell to ₹1.51 Cr compared to ₹1.76 Cr in the previous year's corresponding quarter.
- Liquor division revenue decreased slightly to ₹17.91 Cr from ₹18.74 Cr YoY.
- Record date for final dividend and AGM voting eligibility fixed for September 14, 2026.
Comfort Intech reported a consolidated total income of ₹38.36 Cr for Q1 FY27, representing a 39.7% increase from ₹27.46 Cr in Q1 FY26. Despite the revenue jump, consolidated net profit saw a slight decline to ₹1.93 Cr compared to ₹2.11 Cr in the year-ago period. The company also announced the appointment of Mr. Sujay S. Gokhale as Company Secretary and M/s. AHSP & Co. LLP as Internal Auditors for FY 2026-27. A record date of September 14, 2026, has been fixed for the final dividend and AGM eligibility.
- Consolidated total income increased 39.7% YoY to ₹38.36 Cr in Q1 FY27
- Consolidated net profit for the quarter stood at ₹1.93 Cr, down from ₹2.11 Cr in Q1 FY26
- Trading segment revenue surged to ₹19.80 Cr from ₹7.93 Cr in the same quarter last year
- Liquor division consolidated revenue was ₹17.91 Cr, a slight decrease from ₹18.74 Cr YoY
- Record date for final dividend and AGM voting set for September 14, 2026
Comfort Intech reported a strong start to FY27 with consolidated revenue growing 39.7% YoY to Rs 38.36 Cr, primarily driven by a 149% surge in the trading segment. While consolidated PAT saw a marginal decline of 6.7% YoY to Rs 4.76 Cr, the company has successfully returned to profitability compared to the net loss of Rs 5.8 Cr reported in the preceding quarter (Mar 2026). The liquor division, a core focus area, contributed Rs 17.91 Cr to revenue, showing stability despite high regulatory oversight. Total Comprehensive Income was further bolstered by a Rs 3.27 Cr gain from the fair value of equity instruments.
- Consolidated revenue increased to Rs 38.36 Cr from Rs 27.46 Cr in the same quarter last year.
- Trading segment revenue surged to Rs 19.80 Cr, now accounting for 51.6% of total consolidated revenue.
- Liquor division revenue stood at Rs 17.91 Cr, contributing 46.7% to the top line.
- Consolidated PAT of Rs 4.76 Cr marks a significant recovery from the Rs 5.8 Cr loss in Q4 FY26.
- Total Comprehensive Income reached Rs 7.73 Cr, aided by mark-to-market gains on equity investments.
Comfort Intech reported a consolidated total income of Rs 38.36 Cr for Q1 FY27, a 39.7% increase from Rs 27.46 Cr in Q1 FY26. This growth was primarily driven by the Trading in Goods segment, which surged 149% YoY to Rs 19.80 Cr. However, consolidated Profit After Tax (PAT) declined by 6% to Rs 4.80 Cr compared to Rs 5.11 Cr in the year-ago period. The company also fixed September 14, 2026, as the record date for its final dividend and upcoming AGM.
- Consolidated Total Income increased 39.7% YoY to Rs 38.36 Cr in Q1 FY27.
- Trading segment revenue grew by 149% YoY, reaching Rs 19.80 Cr.
- Liquor division revenue saw a marginal decline of 4.4% YoY to Rs 17.91 Cr.
- Consolidated PAT stood at Rs 4.80 Cr, down from Rs 5.11 Cr in Q1 FY26.
- Record date for final dividend and AGM eligibility set for September 14, 2026.
Comfort Intech Ltd has announced its board meeting for August 12, 2026, to consider and approve the 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 ₹3 Cr on a TTM revenue of ₹145 Cr. Investors will be closely watching for a recovery from the ₹5.8 Cr net loss reported in the March 2026 quarter. The trading window for insiders remains closed until August 14, 2026.
- Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results.
- Trading window closed from July 01, 2026, until August 14, 2026.
- Company reported a significant net loss of ₹5.8 Cr in the preceding quarter (March 2026).
- TTM revenue stands at ₹145 Cr with a negative TTM EPS of ₹-0.10.
- Promoter holding remains stable at 56.12% as of June 2026.
Financial Performance
Revenue Growth by Segment
Liquor Manufacturing revenue was INR 68.08 Cr in FY25, a 1.53% decrease from INR 69.14 Cr in FY24. Trading in Goods revenue was INR 0.23 Cr in FY25, a 38.38% decrease from INR 0.38 Cr in FY24. Financing income was INR -0.23 Cr in FY25, a 161.77% decrease from INR 0.38 Cr in FY24.
Geographic Revenue Split
Not disclosed in exact percentages, but the company states it is available in restricted geographies and not on a PAN-India basis, with a heavy dependence on regional liquor sales in Telangana (Hyderabad).
Profitability Margins
Operating income margin for Q2 FY26 was 4.5% (INR 2.04 Cr on INR 45.25 Cr revenue). Profit Before Tax margin was negative in Q2 FY26 due to a INR 2.22 Cr notional loss on equity investments.
EBITDA Margin
Standalone liquor segment PBIT margin was 4.57% in FY25 (INR 3.11 Cr profit on INR 68.08 Cr revenue). Core operational efficiency improved QoQ with operating income rising 65.85% to INR 2.04 Cr in Q2 FY26.
Capital Expenditure
The company sanctioned a business advance limit of up to INR 17 Crore to its subsidiary, Liquors India Limited, for factory upgradation and retirement of liabilities.
Credit Rating & Borrowing
Working capital limits in excess of INR 5 Crore have been sanctioned by banks. Specific credit ratings and interest rate percentages are not disclosed.
Operational Drivers
Raw Materials
Agri-commodities (imported and domestic), liquor bottling materials (raw materials, packing materials). Specific cost percentages for each are not disclosed.
Import Sources
Not disclosed in available documents, though the company confirms importing agri-commodities for domestic sale.
Capacity Expansion
Current licensed production capacity for the liquor division (Liquors India Limited) is 1.56 million cases per year at its 2-acre industrial facility in Hyderabad.
Raw Material Costs
Not disclosed as a specific percentage of revenue, but the company maintains proper records of inventories including finished goods, raw material, and packing material.
Manufacturing Efficiency
Operating income improved from INR 1.23 Cr to INR 2.04 Cr in Q2 FY26, indicating stronger operational efficiency and better cost management.
Strategic Growth
Growth Strategy
Growth will be achieved through backward integration in the liquor value chain via the acquisition of Liquors India Limited, expansion into e-commerce marketplace platforms for goods-trading, and diversifying the agri-trading division.
Products & Services
Indian Made Foreign Liquor (IMFL), fans, fabrics, water heaters, monoblock pumps, laptops, kitchen appliances, and agri-commodities.
Brand Portfolio
Liquors India Limited (Subsidiary). Specific consumer brand names for liquor and appliances are not explicitly listed.
New Products/Services
Expansion into e-commerce for appliances and durables, and diversification into agriculture business within the trading division.
Market Expansion
Expansion of trading activities into e-commerce marketplace platforms and offline channels of distribution.
Strategic Alliances
Strategic acquisition of Liquors India Limited (LIL) in Hyderabad for backward integration.
External Factors
Industry Trends
The food and beverage industry is highly regulated; the electronics manufacturing sector in India is targeting USD 300 billion by FY26, supported by PLI schemes.
Competitive Landscape
The company faces competitive pressures and operational challenges from both regional and national players in the liquor and trading segments.
Competitive Moat
Moat is built on backward integration in the liquor segment through LIL and a resilient portfolio across two distinct verticals: Trading and Liquor Manufacturing.
Macro Economic Sensitivity
Sensitive to domestic and international political situations and changes in government policies, particularly in the highly regulated liquor and electronics sectors.
Consumer Behavior
Increased demand for e-commerce marketplace platforms for consumer durables and appliances.
Geopolitical Risks
Domestic and international political situations are identified as potential threats to business stability.
Regulatory & Governance
Industry Regulations
Operations are governed by national laws and state-specific regulatory bodies for the Food & Beverages industry, as well as compliance with the Companies Act, 2013.
Legal Contingencies
The company has disclosed the impact of pending litigations in Note 31 to the financial statements, though specific case values are not provided in the summary.
Risk Analysis
Key Uncertainties
Regulatory and state-policy risks in the liquor segment; market volatility affecting investment fair values (INR 2.22 Cr impact in Q2 FY26); and liquidity risk if current assets are not readily convertible to cash.
Geographic Concentration Risk
High concentration in regional liquor sales, specifically in Telangana, with no PAN-India presence.
Third Party Dependencies
Dependence on e-commerce marketplace platforms and their immediate suppliers for the trading division.
Technology Obsolescence Risk
Advancements in technology are identified as a threat, requiring the company to adapt to digital transformation in its trading and manufacturing processes.
Credit & Counterparty Risk
Credit exposure includes a INR 17 Crore business advance limit to its subsidiary, Liquors India Limited, for operational upgradation.
