Birla Cotsyn (India) Ltd (533006)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Birla Cotsyn's revenue was ₹15.4 Cr, and net profit ₹-1.9 Cr (a smaller loss than a year earlier); the operating margin was -6.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹15.4 | — | +3.7% |
| Operating profit | ₹-1.1 | loss narrowed | loss widened |
| Net profit | ₹-1.9 | loss narrowed | loss narrowed |
| EPS (₹) | -0.07 | loss narrowed | — |
| Operating margin | -6.9% | — | — |
📢 Recent Corporate Announcements
Birla Cotsyn (India) Limited has issued a communication to shareholders providing the weblink to its Integrated Annual Report for FY 2025-26 under Regulation 36(1)(b) of SEBI LODR. The company announced its 84th Annual General Meeting (AGM) will be held via video conferencing on September 21, 2026. The cut-off date for e-voting eligibility is set for September 14, 2026, with the remote e-voting window open from September 18 to September 20, 2026.
- 84th Annual General Meeting scheduled for September 21, 2026, at 2:00 PM IST via VC/OAVM
- Cut-off date (record date) for remote e-voting fixed as Monday, September 14, 2026
- Remote e-voting window runs from September 18, 2026 (9:00 AM IST) to September 20, 2026 (5:00 PM IST)
- E-voting Event Number (EVSN) designated as 260828013 on the CDSL portal
Birla Cotsyn (India) Limited has scheduled its 84th Annual General Meeting (AGM) for Monday, September 21, 2026. In compliance with Regulation 42 of SEBI LODR Regulations and Section 91 of the Companies Act, the company will close its register of members and share transfer books from September 14, 2026, to September 20, 2026. The announcement is a standard statutory corporate event. Financially, the company operates under stress with a TTM net loss of Rs -15 Cr against revenue of Rs 2 Cr and a debt-to-equity ratio of 2.38.
- 84th Annual General Meeting scheduled to take place on Monday, September 21, 2026
- Book closure period scheduled from September 14, 2026 to September 20, 2026 (both days inclusive)
- Filing made under Regulation 42 of SEBI LODR Regulations, 2015
Birla Cotsyn (India) Limited has published its Annual Report for FY 2025-26 along with the notice for its 84th Annual General Meeting scheduled for September 21, 2026. Following an approved Scheme of Compromise and Arrangement, the company is progressing with the revival and refurbishment of its Malkapur manufacturing facility in Maharashtra. Revenue for Q4 FY26 improved to approximately ₹15.07 crore from ₹13.26 crore in Q3 FY26, though margins remained in negative territory with an operating margin of -55% and net profit margin of -63%. As of March 31, 2026, total debt increased to ₹37.99 crore against an equity base of ₹16.51 crore, resulting in a debt-equity ratio of 1.44x.
- Q4 FY26 revenue reached approximately ₹15.07 crore compared to ₹13.26 crore in the preceding quarter
- FY26 operating margin reported at -55% and net profit margin at -63%
- Total debt stood at ₹37.99 crore (₹3799.78 Lacs) against total equity of ₹16.51 crore (₹1651.02 Lacs)
- Debt-to-equity ratio widened to 1.44x from 0.84x in FY25, with an interest service coverage ratio of -7.19x
- 84th Annual General Meeting set for September 21, 2026 via video conferencing
Birla Cotsyn (India) Limited has issued the notice for its 84th Annual General Meeting scheduled for September 21, 2026, with a voting cut-off date of September 14, 2026. The company is undergoing revival post implementation of its Scheme of Compromise and Arrangement, restarting operations at its Malkapur manufacturing facility. For FY26, the company reported total equity of ₹16.51 crore, total debt of ₹38.00 crore, and an operating margin of -55%, while Q4 FY26 revenue reached approximately ₹15.07 crore compared to ₹13.26 crore in the preceding quarter.
- 84th AGM scheduled for September 21, 2026 via Video Conferencing with voting cut-off on September 14, 2026
- Q4 FY26 revenue stood at approximately ₹15.07 crore compared to ₹13.26 crore in Q3 FY26
- Total debt as of March 31, 2026 stood at ₹37.99 crore against total equity of ₹16.51 crore
- FY26 operating margin recorded at -55% and net profit margin at -63%
Birla Cotsyn's board has approved the sale of obsolete machinery at its Malkapur plant, which currently contributes zero to revenue. More significantly, the company is evaluating options to monetize or develop a 150-acre land parcel to unlock value for stakeholders. This move is critical as the company currently generates negligible TTM revenue of just Rs 2 Cr and reported a TTM loss of Rs 15 Cr. The board is considering various structures including outright sale, joint development, or leasing for the land.
- Board deliberating on the monetization of approximately 150 acres of land to unlock value
- Approved the sale of obsolete machinery at the Malkapur Plant which had Nil contribution to turnover
- Promoter holding significantly increased to 94.57% as of March 2026 from 18.09% in Dec 2025
- Company reported TTM revenue of only Rs 2 Cr against a market capitalization of Rs 641 Cr
- Board approved Material Related Party Transactions for the financial year 2026-27
Birla Cotsyn's board has approved a proposal to sell obsolete machinery at its Malkapur plant and is actively evaluating options to monetize a substantial 150-acre land parcel. This move is critical as the company currently generates negligible revenue (Rs 2 Cr TTM) and is loss-making (Rs -15 Cr TTM). The monetization strategies being considered include outright sale, joint development, or leasing to unlock value for stakeholders. Additionally, the board approved material related party transactions for FY 2026-27 and the Q1 FY27 financial results.
- Board deliberating on the monetization of approximately 150 acres of land through sale, JV, or development.
- Approved the sale of obsolete machinery at the Malkapur Plant, which contributed 0% to the last financial year's turnover.
- Promoter holding has significantly increased to 94.6% as of March 2026 from 18.1% in December 2025.
- Company reported a TTM net loss of Rs 15 Cr against a total debt of Rs 41 Cr.
- Approved material related party transactions for the 2026-27 financial year, subject to shareholder approval.
Birla Cotsyn (India) Ltd has scheduled a board meeting on August 13, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is currently in a precarious financial position with a TTM revenue of only ₹2 Cr and a net loss of ₹15 Cr. Notably, promoter holding surged to 94.57% in March 2026 from 18.09% in the previous quarter, suggesting a major restructuring or resolution process. Investors should focus on whether the company has resumed operations, as it reported zero revenue in three of the last four quarters.
- Board meeting scheduled for August 13, 2026, to review Q1 FY27 results.
- Trading window for designated persons closed from July 01, 2026, until 48 hours post-results.
- Company reported a TTM net loss of ₹15 Cr against a TTM revenue of only ₹2 Cr.
- Promoter holding stands at a very high 94.57% as of March 2026.
- Operating profit margin is deeply negative at -452.6% based on TTM figures.
Birla Cotsyn (India) Ltd has clarified that its current BSE classification under 'Trading Restricted – IBC Stage-1' is a standard regulatory surveillance mechanism. This status applies to companies that have recommenced trading following a successful Resolution Plan under the Insolvency and Bankruptcy Code (IBC). The company's resolution plan was approved by the NCLT Mumbai Bench on January 9, 2025. This clarification aims to reassure investors that the tag does not reflect new financial or governance issues, though the company remains in a post-restructuring phase with minimal TTM revenue of Rs 2 Cr.
- Resolution Plan approved by NCLT Mumbai Bench via order dated January 9, 2025
- Promoter holding surged to 94.57% as of March 2026, up from 18.09% in December 2025
- TTM Revenue remains extremely low at Rs 2 Cr against a Market Cap of Rs 789 Cr
- Trading status is part of the standard BSE surveillance framework for post-IBC recommencement
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.