Pakka Q1 FY27 Earnings Call: Record Revenue, Jagriti Project on Track
PAKKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Highest-ever quarterly revenue at about Rs 120 crore, up 42% YoY and 14% QoQ. EBITDA up 31% YoY at 14.5% margin. Wrap and Carry revenue Rs 101.14 crore (up 43% YoY); Food Services revenue Rs 18.45 crore with Rs 1.62 crore loss. Project Jagriti (Rs 753 crore, 30,000+ tonnes capacity) PM4 machine to commission by Oct-Nov 2026. flexC base paper pilot trials in Europe. Management guided FY27 EBITDA margin of 18-19% and revenue near Rs 500 crore. Neo Asset Management debt at 17% to be refinanced in 18-20 months. Promoter holding 48-49% with shares pledged as loan security.
Record Q1 results and timely Project Jagriti commissioning could drive next leg of growth, though high-cost 17% debt and promoter pledge are overhangs.