BSEAssociated Coaters LtdMediumNeutral
Announced Fri, 14 Nov · 16:58 IST

The company hereby submits un-audited half yearly finacial results along with limited review for the quarter and half year ended 30th September, 2025.

Revenue Growth 20pctEbitda Margin CompressionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Associated Coaters Ltd, a small Kolkata-based powder coating and wood finish company, reported a strong 40% jump in revenue from operations to ₹310.07 lakhs for H1 FY26 (vs ₹220.82 lakhs in H1 FY25). Net profit rose nearly 20% to ₹47.77 lakhs from ₹39.99 lakhs, with EPS at ₹0.35 (vs ₹0.30). Total expenses grew faster (47%) than revenue, pulling down operating margins, partly due to higher raw material and other operating costs. The company invested heavily in property, plant and equipment (₹135.98 lakhs in H1 vs ₹7.07 lakhs earlier), funded largely from internal cash and prior share proceeds. The balance sheet remains comfortable with negligible debt and cash of ₹276 lakhs. Auditor JMP Associates issued a clean limited review report with no qualifications or concerns.

Likely market impact

Short-term: Strong revenue growth signals improving demand and scale, but margin compression may weigh on stock reaction. Long-term: Heavy capex could support future capacity and earnings if utilization ramps up; low debt and healthy cash provide cushion for shareholders.