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Axita Cotton Q2 FY27 results: net profit ₹5.53 crore vs ₹0.04 crore, revenue up 7.1%
Axita Cotton Limited reported standalone revenue of ₹67.76 crore in Q2 FY27, up 7.1% from ₹63.27 crore a year earlier, with a net profit of ₹5.53 crore against ₹0.04 crore in Q2 FY26. EBITDA rose to ₹6.88 crore and the margin widened to 10.1% from 0.7%, while basic EPS was ₹0.14 against ₹0.00.
Key points
- Q2 FY27 revenue was ₹67.76 crore, up ₹4.49 crore or 7.1% from ₹63.27 crore in Q2 FY26.
- EBITDA rose to ₹6.88 crore from ₹0.44 crore, lifting the EBITDA margin to 10.1% from 0.7%, a gain of 9.4 percentage points.
- Net profit was ₹5.53 crore against ₹0.04 crore a year earlier, and profit before tax was ₹7.21 crore against ₹0.16 crore.
- Against Q1 FY27, revenue rose ₹9.48 crore to ₹67.76 crore and net profit increased ₹1.94 crore to ₹5.53 crore.
- Basic EPS for the quarter was ₹0.14, compared with ₹0.09 in Q1 FY27 and ₹0.00 in Q2 FY26.
How did Axita Cotton perform in Q2 FY27?
Axita Cotton reported standalone revenue of ₹67.76 crore for Q2 FY27, the July–September 2026 quarter, against ₹63.27 crore in Q2 FY26, an increase of ₹4.49 crore or 7.1%. Total income rose ₹4.95 crore to ₹68.47 crore from ₹63.52 crore. EBITDA was ₹6.88 crore against ₹0.44 crore a year earlier, and the EBITDA margin widened to 10.1% from 0.7%, a change of 9.4 percentage points.
Profit before tax was ₹7.21 crore against ₹0.16 crore in Q2 FY26, and tax expense rose ₹1.56 crore to ₹1.68 crore from ₹0.12 crore. Net profit for the quarter was ₹5.53 crore against ₹0.04 crore a year earlier, with basic EPS of ₹0.14 against ₹0.00. There was no exceptional item in either period.
Against the previous quarter, Q1 FY27, revenue rose ₹9.48 crore or 16.3% to ₹67.76 crore from ₹58.28 crore, while EBITDA increased ₹5.17 crore to ₹6.88 crore from ₹1.71 crore. The margin was 10.1% against 2.9%, and net profit rose ₹1.94 crore to ₹5.53 crore from ₹3.59 crore, with basic EPS of ₹0.14 against ₹0.09.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 67.76 | 58.28 | 63.27 | +7.1% | +16.3% |
| Other income | 0.71 | 3.69 | 0.25 | +184.0% | −80.8% |
| Total expenses | 61.26 | 57.23 | 63.36 | −3.3% | +7.0% |
| EBITDA | 6.88 | 1.71 | 0.44 | +1463.6% | +302.3% |
| EBITDA margin | 10.1% | 2.9% | 0.7% | +9.4 pp | +7.2 pp |
| Profit before tax | 7.21 | 4.74 | 0.16 | +4406.2% | +52.1% |
| Tax | 1.68 | 1.15 | 0.12 | +1300.0% | +46.1% |
| Net profit | 5.53 | 3.59 | 0.04 | +13725.0% | +54.0% |
| EPS (₹) | 0.14 | 0.09 | 0.00 | +55.6% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Axita Cotton's costs and profit?
Total expenses fell ₹2.10 crore or 3.3% to ₹61.26 crore in Q2 FY27 from ₹63.36 crore in Q2 FY26. Employee cost declined ₹0.06 crore to ₹0.76 crore from ₹0.82 crore, finance costs fell ₹0.16 crore to ₹0.22 crore from ₹0.38 crore, and other expenses edged down ₹0.02 crore to ₹2.01 crore from ₹2.03 crore. Depreciation rose ₹0.01 crore to ₹0.16 crore from ₹0.15 crore.
Other income rose ₹0.46 crore to ₹0.71 crore in Q2 FY27 from ₹0.25 crore in Q2 FY26, while total income increased ₹4.95 crore to ₹68.47 crore from ₹63.52 crore. There was no exceptional item in either quarter. Tax expense increased ₹1.56 crore to ₹1.68 crore from ₹0.12 crore.
Against Q1 FY27, total expenses were higher by ₹4.03 crore or 7.0% at ₹61.26 crore, and other income was lower by ₹2.98 crore to ₹0.71 crore from ₹3.69 crore. Other expenses rose ₹0.93 crore to ₹2.01 crore from ₹1.08 crore, finance costs fell ₹0.29 crore to ₹0.22 crore from ₹0.51 crore, and employee cost rose ₹0.02 crore to ₹0.76 crore from ₹0.74 crore. Tax was up ₹0.53 crore to ₹1.68 crore from ₹1.15 crore.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 0.76 | 0.82 | −0.06 | −7.3% |
| Finance costs | 0.22 | 0.38 | −0.16 | −42.1% |
| Depreciation | 0.16 | 0.15 | +0.01 | +6.7% |
| Other expenses | 2.01 | 2.03 | −0.02 | −1.0% |
| Total expenses | 61.26 | 63.36 | −2.10 | −3.3% |
| Other income | 0.71 | 0.25 | +0.46 | +184.0% |
| Tax | 1.68 | 0.12 | +1.56 | +1300.0% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
For the first half of FY27, revenue was ₹126.04 crore, down ₹93.93 crore or 42.7% from ₹219.97 crore in H1 FY26. Total income fell ₹92.38 crore to ₹130.44 crore from ₹222.82 crore, and basic EPS was ₹0.24 against ₹0.05.
Profit before tax rose ₹9.83 crore to ₹11.95 crore from ₹2.12 crore in H1 FY26, and net profit after tax increased ₹7.47 crore to ₹9.12 crore from ₹1.65 crore. The filing shows no exceptional item for either half-year period.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 126.04 | 219.97 | −42.7% |
| Profit before tax | 11.95 | 2.12 | +463.7% |
| Net profit | 9.12 | 1.65 | +452.7% |
| EPS (₹) | 0.24 | 0.05 | +380.0% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
As of 30 September 2026, total assets stood at ₹90.5 crore against ₹85.74 crore as of 31 March 2026, and total equity was ₹74.58 crore against ₹64.91 crore. Borrowings fell to ₹8.51 crore from ₹17.14 crore, and cash rose to ₹27.94 crore from ₹15.98 crore.
Trade receivables were ₹24.84 crore against ₹17.48 crore at the previous balance sheet date, while inventories fell to ₹0.22 crore from ₹1.54 crore. Trade payables were ₹1.2 crore at both dates.
In the first half of FY27, operating cash flow was ₹15.71 crore against an outflow of ₹15.09 crore in H1 FY26. Investing cash flow was ₹0.1 crore against an outflow of ₹16.09 crore, and financing cash flow was an outflow of ₹3.86 crore against an inflow of ₹21.24 crore. Capital expenditure was ₹0.1 crore against ₹0.02 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 90.50 | 85.74 |
| Total equity | 74.58 | 64.91 |
| Borrowings | 8.51 | 17.14 |
| Cash and equivalents | 27.94 | 15.98 |
| Inventories | 0.22 | 1.54 |
| Trade receivables | 24.84 | 17.48 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 15.71 | −15.09 |
| Cash from investing | 0.10 | −16.09 |
| Cash from financing | −3.86 | 21.24 |
| Capital expenditure | 0.10 | 0.02 |
Source: Company's results filing (XBRL).
How has Axita Cotton done over the last 8 quarters?
Revenue moved lower over the reported quarters, reaching ₹228.04 crore in Q3 FY25 and falling to ₹61.03 crore in Q4 FY26, before rising to ₹67.76 crore in Q2 FY27 from ₹58.28 crore in Q1 FY27. Profit turned positive from Q1 FY26, at ₹1.61 crore, and reached ₹5.53 crore in Q2 FY27.
The EBITDA margin bottomed at -6.8% in Q4 FY26, improved to 2.9% in Q1 FY27 and rose to 10.1% in Q2 FY27. Profit has risen year on year in each of the last two quarters. Revenue peaked at ₹228.04 crore in Q3 FY25 and was lowest at ₹58.28 crore in Q1 FY27.
How did Axita Cotton shares react?
The filing appeared after market hours, and the stock fell 1.0% in the first 5 minutes, 1.0% in 15 minutes and 1.1% in 30 minutes. The reaction-day close was unchanged at 0.0% from the previous close of ₹7.20, and by the next day's close the stock was down 0.3% from its pre-results close.
The Other Textile Products industry median moved down 0.5% on the reaction day and was unchanged the next day, so Axita Cotton's relative move was 0.5 percentage points better on the day and 0.3 percentage points lower by the next day's close. The Nifty Microcap 250 fell 2.5% on the reaction day and 1.1% by the next day's close.
Past results-day moves were mixed: the stock fell 8.2% on 20 April 2026 and 6.0% on 14 November 2024, rose 2.5% on 5 January 2026, and was down 0.4% on 12 August 2026, 0.3% on 14 November 2025, 0.1% on 11 August 2025, 0.5% on 26 May 2025 and 1.8% on 10 February 2025.
| After the filing | Stock | Other Textile Products median |
|---|---|---|
| 5 minutes | −1.0% | |
| 15 minutes | −1.0% | |
| 30 minutes | −1.1% | |
| Reaction day | +0.0% | −0.5% |
| Next day | −0.3% | +0.0% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 12 August 2026 | −0.4% |
| 20 April 2026 | −8.2% |
| 5 January 2026 | +2.5% |
| 14 November 2025 | −0.3% |
| 11 August 2025 | −0.1% |
| 26 May 2025 | −0.5% |
| 10 February 2025 | −1.8% |
| 14 November 2024 | −6.0% |
Source: MarketPing price-reaction measurement.
How did other Other Textile Products companies do?
Sixty-one Other Textile Products companies were compared, and their median revenue growth was 24.1%. Of the peers whose profit was compared, 43 reported higher profit. Axita Cotton's revenue growth was slower than 46 peers and faster than 15 peers.
The peer figures are as of 4 November 2026, while Axita Cotton's results were filed on 29 October 2026.
| Axita Cotton revenue growth (YoY) | +7.1% |
|---|---|
| Median of 61 other Other Textile Products companies | +24.1% |
| Companies with slower revenue growth than Axita Cotton | 15 of 61 |
| Companies with faster revenue growth than Axita Cotton | 46 of 61 |
| Companies whose net profit rose | 43 of 64 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Axita Cotton's revenue in Q2 FY27?
Revenue from operations was ₹67.76 crore, up 7.1% from ₹63.27 crore in Q2 FY26 (standalone).
Did Axita Cotton make a profit in Q2 FY27?
Yes. Net profit was ₹5.53 crore, against a net profit of ₹0.04 crore in Q2 FY26.
What was Axita Cotton's EPS in Q2 FY27?
Basic earnings per share were ₹0.14, against ₹0.00 in Q2 FY26.
How did Axita Cotton shares react to the Q2 FY27 results?
On the reaction day the stock moved +0.0% from the previous close; the median Other Textile Products stock moved −0.5%.
When did Axita Cotton announce its Q2 FY27 results?
On 29 October 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for The Recommendation And Approve, The Financial Results Of The Company For The Quarter And Half Year Ended On September 30, 2026 And Other Business With The Permission Of The Chairman (BSE, 22 October 2026) · PDF
- Board Meeting Outcome for Outcome Of The Board Meeting Held Today, I.E. October, 29, 2026 (BSE, 29 October 2026) · PDF
- Submission Of Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended On September 30, 2026 (BSE, 29 October 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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