BSENarmada Gelatines LtdHighNeutral
Announced Wed, 13 Aug · 13:47 IST

Pursuant to the Regulation 33 of SEBI (LODR) - submitted herewith the Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2025

Ebitda Margin ExpansionResults View source PDF

Price

Loading chart…

▲ 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

Narmada Gelatines reported Q1 FY26 standalone revenue from operations of ₹4,577 lakhs, up about 5.9% from ₹4,322 lakhs in Q1 FY25 but slightly lower sequentially versus ₹4,977 lakhs in Q4 FY25. Standalone profit before tax rose to ₹667 lakhs (vs ₹530 lakhs) and standalone profit after tax climbed to ₹498 lakhs (vs ₹400 lakhs), a roughly 24–25% YoY jump despite modest top-line growth. Operating margin expanded meaningfully, with EBITDA margin moving from about 12% in Q1 FY25 to roughly 16% in Q1 FY26, helped by lower finance costs (₹24 lakhs vs ₹3 lakhs reported – likely a classification/reclassification effect) and steady employee and depreciation costs. On a consolidated basis, PAT was ₹598 lakhs, including a ₹100 lakh share of profit from associate India Gelatine and Chemicals (IGCL). EPS for the quarter stood at ₹8.23 (standalone) and ₹9.89 (consolidated).

Likely market impact

Margin-led earnings growth is positive for shareholders, though the modest ~6% revenue uptick and higher power & fuel costs (₹583 lakhs vs ₹267 lakhs in Q4 FY25) suggest cost-watch is warranted; the clean limited review by Lodha & Co LLP with no qualifications removes any immediate auditor overhang.