Gala Precision Engineering Limited has informed the Exchange regarding Board meeting held on August 05, 2025.
GALAPREC · price
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Gala Precision Engineering reported Q1 FY26 results (quarter ended June 30, 2025) with standalone revenue from operations rising to Rs. 63.08 crores from Rs. 53.17 crores in the same quarter last year, a growth of about 18.6%. Total income stood at Rs. 64.46 crores. Standalone profit after tax was Rs. 6.58 crores versus Rs. 6.35 crores, a modest 3.6% rise. Basic EPS came in at Rs. 5.18 versus Rs. 6.28 earlier, the decline largely reflecting share count increase after the September 2024 IPO and ESOP issuance. Other expenses for the quarter included a foreign exchange loss of Rs. 1.94 crores on EURO/USD forward contract revaluation. On a consolidated basis, PAT was Rs. 6.54 crores and included a small exceptional item of Rs. 0.06 crores linked to winding up of a foreign subsidiary. Of the Rs. 121.24 crores net IPO proceeds, Rs. 67.19 crores has been utilized so far with Rs. 54.05 crores parked in fixed deposits.
Revenue growth is healthy but profit margins have clearly compressed due to higher raw material costs and a forex loss, which may weigh on near-term sentiment despite steady topline growth. The EPS dip is largely a result of post-IPO share dilution rather than business weakness. Shareholders should watch margin recovery in coming quarters and deployment of remaining IPO funds.