Q1 FY27: Profit up 47% on cost cuts, revenue dips 18%
REGAAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Revenue fell to Rs 2,021 Million from Rs 2,466 Million a year ago, a drop of about 18 percent. Despite lower sales, profit after tax jumped to Rs 133 Million from Rs 91 Million, up nearly 47 percent, helped by sharply lower purchases and inventory adjustments. EBITDA margin expanded to around 15.5 percent from 10 percent. The company doubled maize crushing capacity to 1,650 TPD and commissioned new liquid glucose and maltodextrin units at its Bihar plant. An exceptional charge of Rs 66.57 Million was taken in FY26 for a one time SGST refund liability.
Lower topline but strong profit growth and doubling of crushing capacity signal operating leverage kicking in. Watch for volume recovery in coming quarters.