Maruti Global Industries Ltd (531319)

Maruti Global Industries reported standalone revenue from operations of ₹14.58 Cr (₹1,457.98 lakh) for Q1 ended June 30, 2026, marking an 18x jump from ₹0.80 Cr (₹79.51 lakh) in Q1 FY26 and an 8.6% sequential increase from ₹13.42 Cr in Q4 FY26. Profit after tax (PAT) stood at ₹39.60 lakh compared to ₹5.57 lakh in Q1 FY26 (+611% YoY), though down 23.2% sequentially from ₹51.59 lakh in Q4 FY26. Basic and diluted EPS for the quarter was ₹0.79. The single operating segment reported is construction activity.

• Revenue from operations expanded to ₹14.58 Cr in Q1 vs ₹0.80 Cr in Q1 FY26 and ₹13.42 Cr in Q4 FY26
• Net profit rose 611% YoY to ₹39.60 lakh compared to ₹5.57 lakh in the corresponding quarter last year
• Total expenses stood at ₹14.03 Cr, driven mainly by raw material and operating consumption of ₹15.82 Cr offset by inventory changes of ₹(1.92) Cr
• Profit before tax stood at ₹54.53 lakh vs ₹5.57 lakh in Q1 FY26 and ₹51.35 lakh in Q4 FY26
• Reported EPS came in at ₹0.79 for the quarter on an equity base of ₹5.00 Cr

Maruti Global Industries reported a sharp year-on-year increase in revenue for the quarter ended June 30, 2026, with revenue from operations reaching Rs 14.58 crore compared to Rs 0.80 crore in the year-ago quarter. Net profit rose to Rs 0.40 crore from Rs 0.06 crore in Q1 FY26, though it declined 23.2% sequentially from Rs 0.52 crore in Q4 FY26. Diluted EPS for the quarter stood at Rs 0.79 against Rs 0.11 in Q1 FY26 and Rs 1.03 in Q4 FY26. The single-quarter revenue represents approximately 61% of the company's prior TTM revenue of Rs 24 crore.

• Revenue from operations grew 18.3x YoY to Rs 1,457.98 Lakhs (Rs 14.58 Cr) compared to Rs 79.51 Lakhs in Q1 FY26
• Net profit increased to Rs 39.60 Lakhs (Rs 0.40 Cr) vs Rs 5.57 Lakhs in Q1 FY26, but dipped 23.2% QoQ from Rs 51.59 Lakhs
• Basic and diluted EPS reported at Rs 0.79 for the quarter ended June 30, 2026
• Single-segment operations designated as Construction activity under Ind AS accounting

Maruti Global Industries has secured a sub-contract work order worth approximately Rs 5.9 Crores from MSN Life Sciences Private Limited. The contract involves structural works, retaining walls, and fabrication, representing a significant 24.6% of the company's TTM revenue of Rs 24 Crores. This is a major win for a micro-cap company with a market capitalization of only Rs 20 Crores. However, investors should remain cautious as the company currently reports a negative net worth of Rs -21 Crores.

• Received a sub-contract work order valued at approximately Rs 5.9 Crores.
• Order value represents ~24.6% of the company's TTM revenue of Rs 24 Crores.
• The contract size is equivalent to ~29.5% of the company's total market capitalization of Rs 20 Crores.
• Scope of work includes construction of structural works, retaining walls, and fabrication for MSN Life Sciences Private Limited.

Maruti Global Industries has secured a sub-contract work order worth approximately Rs 5.9 crore from MSN Laboratories Private Limited. The contract involves civil construction, retaining walls, and fabrication, marking a significant project for the company. This order represents approximately 24.6% of the company's TTM revenue of Rs 24 crore and over 31% of its current market capitalization of Rs 19 crore. Given the company's negative net worth of Rs -21 crore, successful execution and timely payments are critical for financial stability.

• Order value of approximately Rs 5.9 crore for civil and structural works
• Contract awarded by MSN Laboratories Private Limited, a domestic entity
• Order size is equivalent to ~24.6% of the company's TTM revenue of Rs 24 crore
• Represents a significant business win relative to the company's Rs 19 crore market capitalization