Intimation of Press Release/ Media Release held at Rajkot on May 27,2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mehul Telecom Limited, a Gujarat-based multi-brand mobile retail chain, reported strong FY26 results with revenue crossing the ₹200 crore mark at ₹20,012 Lakhs, up 73% YoY from ₹11,538 Lakhs. Full-year EBITDA grew 76% to ₹1,364 Lakhs and PAT rose 71% to ₹996 Lakhs. H2 FY26 showed even stronger momentum with EBITDA surging 93% YoY to ₹721 Lakhs, driving EBITDA margin expansion of 99 basis points to 6.78%. The company operates 80 stores across 15 Gujarat districts (6 COCO and 74 FOFO) and is now planning expansion into Tier I cities. Management highlighted that COCO stores deliver superior margins and the recent IPO proceeds will fund working capital, retail expansion, and brand building.
Strong operational performance with accelerating profitability and margin expansion signals effective execution of the capital-efficient hybrid retail model. The improving margin profile and Tier I city expansion plans could be positive catalysts for the stock, though the SME listing carries higher risk.