XPROINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Xpro India reported Q4 FY26 revenue of Rs. 134.4 crores, down 15.1% year-on-year due to lower refrigerator production and product-mix changes. However, profitability improved significantly with PAT at Rs. 11.6 crores (up 25.2% Y-o-Y) and EBITDA margins expanding to 10.7% from 8.6% a year ago. For full year FY26, revenue stood at Rs. 505.5 crores and PAT at Rs. 30.5 crores, both lower than FY25. A key development was the commissioning of a new dielectric film line at Barjora on March 27, 2026, doubling India's nameplate capacity to 8,000 MT annually. The company also flagged risks from the West Asian conflict affecting its UAE subsidiary project implementation. An unrealized forex translation loss of Rs. 11.14 crores on euro-linked liabilities impacted reported profits.
The company demonstrated margin improvement despite revenue decline, indicating better operational efficiency. The new capacity addition positions the company for future growth, though the UAE project faces geopolitical uncertainty. Shareholders should note the net cash balance sheet and the one-time accounting impacts on profits.