Machhar Industries Ltd (543934)
Q2 FY27 results
📅 Next results: 23 Oct 2026 (board meeting)Machhar Industries Ltd's board meets on 23 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, Machhar Industries' revenue was ₹6.1 Cr (+73.3% year on year, +37.3% on the previous quarter), and net profit ₹0.3 Cr (+162.3% year on year); the operating margin was 8.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹6.1 | +73.3% | +37.3% |
| Operating profit | ₹0.5 | +122.3% | +57.7% |
| Net profit | ₹0.3 | +162.3% | +80.3% |
| EPS (₹) | 3.89 | +162.8% | +80.1% |
| Operating margin | 8.0% | — | — |
📢 Recent Corporate Announcements
Machhar Industries has executed a loan cum hypothecation agreement with HDFC Bank for a vehicle loan. The sanctioned facility is up to ₹42.50 Lakhs, with an actual loan disbursement of ₹41.97 Lakhs. The borrowing is secured by the hypothecation of a BYD Sealion 7 Dynamic EV four-wheeler. Relative to the company's existing debt of ₹2 Cr and TTM revenue of ₹18 Cr, the borrowing is immaterial to operational fundamentals.
- Facility agreement executed on October 12, 2026, with HDFC Bank Ltd
- Total facility size of up to ₹42.50 Lakhs, with actual loan disbursed at ₹41.97 Lakhs
- Borrowing secured by hypothecation of a BYD Sealion 7 Dynamic EV four-wheeler
- Sandeep Bhagwatiprasad Machhar listed as co-borrower under the agreement
Machhar Industries Limited has scheduled its 18th Annual General Meeting (AGM) for FY 2025-26 on Tuesday, September 22, 2026, at 2:30 PM in physical mode at Chhatrapati Sambhajinagar. The company has fixed Tuesday, September 15, 2026, as the cut-off date to determine voting eligibility for members. The remote e-voting window will be open from September 19, 2026 (09:00 AM) to September 21, 2026 (05:00 PM). The Notice and Annual Report have been dispatched and submitted to the stock exchange.
- 18th AGM scheduled for Tuesday, 22nd September, 2026 at 2:30 P.M.
- Cut-off date for voting eligibility set as Tuesday, 15th September, 2026
- Remote e-voting period runs from 19th September (09:00 AM) to 21st September, 2026 (05:00 PM)
- Meeting to be conducted in physical mode at Chhatrapati Sambhajinagar
Machhar Industries Ltd has issued notice for its 18th Annual General Meeting scheduled for Tuesday, September 22, 2026. The shareholder voting cut-off date is set for September 15, 2026, with remote e-voting open from September 19 to September 21, 2026. Key agenda items include adoption of FY26 financial statements, reappointment of Whole Time Director Vyankat W. Katkar for an 18-month term at Rs 75,250 per month, and approval of related-party professional fees up to Rs 5.00 lakh to an Independent Director's firm.
- 18th Annual General Meeting scheduled for September 22, 2026 at 2:30 PM
- Shareholder voting cut-off date fixed as September 15, 2026
- Remote e-voting window spans from September 19, 2026 (9:00 AM) to September 21, 2026 (5:00 PM)
- Proposed reappointment of Whole Time Director for 18 months at Rs 75,250 per month
- Approval sought for related-party professional services capped at Rs 5.00 lakh for FY 2026-27
Machhar Industries Limited has submitted its Annual Report for FY 2025-26 and announced the schedule for its 18th Annual General Meeting (AGM), to be held on Tuesday, 22nd September, 2026. Key business items include the adoption of FY26 consolidated financial statements, ratification of statutory auditors M/s Ashok R. Majethia & Co, and the re-appointment of Whole Time Director Vyankat W. Katkar at a remuneration of Rs. 75,250 per month. Additionally, the AGM seeks approval for related party professional service fees up to Rs. 5.00 lakh with Independent Director CA Rupali Bothara. The cut-off date for remote e-voting eligibility is fixed as 15th September, 2026.
- 18th Annual General Meeting scheduled for 22nd September, 2026 at 2:30 PM
- Cut-off date for remote e-voting eligibility set as 15th September, 2026
- Re-appointment of Whole Time Director Vyankat W. Katkar for 18 months at Rs. 75,250 per month
- Approval sought for related party professional services up to Rs. 5,00,000 from Independent Director CA Rupali Bothara
Machhar Industries reported a strong start to FY27 with revenue from operations growing 73.4% YoY to ₹608.29 Lakhs. Net profit for the quarter ended June 30, 2026, rose significantly to ₹28.89 Lakhs compared to ₹11.43 Lakhs in the same period last year. The growth was primarily driven by the Explosives division, which saw revenue more than double. Despite a rise in other expenses to ₹332.48 Lakhs, the company maintained profitability with an improved EPS of ₹3.90.
- Revenue from operations increased by 73.4% YoY to ₹608.29 Lakhs from ₹350.86 Lakhs.
- Net profit grew by 152.7% YoY, reaching ₹28.89 Lakhs compared to ₹11.43 Lakhs.
- Explosives division revenue surged to ₹344.34 Lakhs, up from ₹134.71 Lakhs in the year-ago quarter.
- Transportation division revenue grew 144% YoY to ₹192.30 Lakhs.
- Basic and Diluted EPS improved to ₹3.90 from ₹1.54 in the corresponding quarter last year.
Machhar Industries reported a robust Q1 FY27 with revenue from operations growing 73.4% YoY to ₹608.29 Lakhs. Net profit surged 153% YoY to ₹28.89 Lakhs, primarily driven by a massive 251% increase in Transportation segment revenue. While the Transportation division performed exceptionally well, the Explosives and Adblue segments witnessed YoY revenue declines. Operating efficiency improved, with Profit Before Tax (PBT) rising from ₹11.63 Lakhs to ₹39.52 Lakhs.
- Revenue from operations increased 73.4% YoY to ₹608.29 Lakhs from ₹350.86 Lakhs.
- Net Profit (PAT) grew 153% YoY to ₹28.89 Lakhs compared to ₹11.43 Lakhs in the same quarter last year.
- Transportation segment revenue surged to ₹492.30 Lakhs from ₹140.23 Lakhs YoY, now contributing ~81% of total revenue.
- Earnings Per Share (EPS) improved significantly to ₹3.90 from ₹1.54 YoY.
- Adblue division revenue declined 20.5% YoY to ₹109.37 Lakhs from ₹137.50 Lakhs.
Machhar Industries reported a strong start to FY2026-27, with revenue from operations growing 73.4% YoY to ₹608.29 Lakhs. Net profit surged 152.8% YoY to ₹28.89 Lakhs, driven by robust performance in the Transportation and Adblue segments. The Transportation division remains the primary revenue driver, contributing ₹392.30 Lakhs (approx. 64.5% of total revenue). Despite the high growth percentages, absolute profit levels remain small, and the company maintains thin margins with a Profit Before Tax of ₹39.52 Lakhs on a total income of ₹612.95 Lakhs.
- Revenue from operations increased to ₹608.29 Lakhs in Q1 FY27 from ₹350.86 Lakhs in Q1 FY26.
- Net profit for the quarter rose to ₹28.89 Lakhs compared to ₹11.43 Lakhs in the same period last year.
- Transportation segment revenue grew significantly to ₹392.30 Lakhs from ₹140.23 Lakhs YoY.
- Adblue division contributed ₹116.37 Lakhs to the top line, showing steady performance.
- Basic and Diluted EPS improved to ₹3.90 from ₹1.54 in the corresponding previous quarter.
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