- Home
- Results news
- Shricon Industries
- Q2 FY27 results
Shricon Industries Q2 FY27 results: net profit down 74.1% to ₹0.15 crore, revenue flat
Shricon Industries Ltd reported standalone Q2 FY27 revenue of ₹0.96 crore, unchanged from Q2 FY26, while net profit fell to ₹0.15 crore from ₹0.58 crore. EBITDA was ₹0.11 crore at an 11.3% margin, compared with ₹0.56 crore and a 57.8% margin in the year-ago quarter.
Key points
- Q2 FY27 revenue was ₹0.96 crore, unchanged from Q2 FY26, while total income rose 13.1% to ₹1.12 crore.
- EBITDA fell 80.4% to ₹0.11 crore, and the EBITDA margin declined 46.5 percentage points to 11.3%.
- Net profit fell 74.1% to ₹0.15 crore and basic EPS declined 68.0% to ₹1.22.
- Against Q1 FY27, revenue rose 15.7% to ₹0.96 crore and net profit rose 114.3% to ₹0.15 crore.
- H1 FY27 revenue rose 80.8% to ₹1.79 crore, but net profit fell 59.3% to ₹0.22 crore.
How did Shricon Industries perform in Q2 FY27?
Shricon Industries reported standalone revenue of ₹0.96 crore in Q2 FY27, unchanged from Q2 FY26. Total income rose 13.1% to ₹1.12 crore, while EBITDA fell 80.4% to ₹0.11 crore and its margin declined 46.5 percentage points to 11.3%.
Profit before tax fell 65.5% to ₹0.20 crore and net profit fell 74.1% to ₹0.15 crore from Q2 FY26. Basic EPS declined 68.0% to ₹1.22. Against Q1 FY27, revenue rose 15.7%, EBITDA rose 175.0% and net profit rose 114.3%. The filing presents unaudited standalone results; no consolidated figures were given.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 0.96 | 0.83 | 0.96 | +0.0% | +15.7% |
| Other income | 0.17 | 0.09 | 0.03 | +466.7% | +88.9% |
| Total expenses | 0.92 | 0.83 | 0.41 | +124.4% | +10.8% |
| EBITDA | 0.11 | 0.04 | 0.56 | −80.4% | +175.0% |
| EBITDA margin | 11.3% | 4.4% | 57.8% | −46.5 pp | +6.9 pp |
| Profit before tax | 0.20 | 0.10 | 0.58 | −65.5% | +100.0% |
| Tax | 0.05 | 0.02 | 0 | +150.0% | |
| Net profit | 0.15 | 0.07 | 0.58 | −74.1% | +114.3% |
| EPS (₹) | 1.22 | 0.58 | 3.81 | −68.0% | +110.3% |
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 Shricon Industries' costs and profit?
Total expenses rose 124.4% to ₹0.92 crore from ₹0.41 crore in Q2 FY26. Cost of materials increased by ₹0.23 crore to ₹0.58 crore, employee cost by ₹0.20 crore to ₹0.25 crore and other expenses by ₹0.11 crore to ₹0.12 crore. Finance costs were ₹0.07 crore against ₹0 crore, while depreciation was unchanged. There was no exceptional item.
Other income increased by ₹0.14 crore to ₹0.17 crore and tax expense was ₹0.05 crore against ₹0 crore. The filing’s figures show that the rise in expenses exceeded the increase in other income, resulting in lower profit before tax and net profit. No management explanation for the cost increases was provided in the filing.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0.58 | 0.35 | +0.23 | +65.7% |
| Employee cost | 0.25 | 0.05 | +0.20 | +400.0% |
| Finance costs | 0.07 | 0 | +0.07 | |
| Depreciation | 0 | 0 | 0 | |
| Other expenses | 0.12 | 0.01 | +0.11 | +1100.0% |
| Total expenses | 0.92 | 0.41 | +0.51 | +124.4% |
| Other income | 0.17 | 0.03 | +0.14 | +466.7% |
| Tax | 0.05 | 0 | +0.05 |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In H1 FY27, Shricon Industries reported revenue of ₹1.79 crore, up 80.8% from ₹0.99 crore in H1 FY26. Total income rose 97.1% to ₹2.05 crore, while profit before tax fell 44.4% to ₹0.30 crore and net profit fell 59.3% to ₹0.22 crore. Basic EPS declined 47.8% to ₹1.79.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 1.79 | 0.99 | +80.8% |
| Profit before tax | 0.30 | 0.54 | −44.4% |
| Net profit | 0.22 | 0.54 | −59.3% |
| EPS (₹) | 1.79 | 3.43 | −47.8% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
At 30 September 2026, total assets were ₹9.09 crore, compared with ₹5.94 crore at 31 March 2026. Total equity rose to ₹6.64 crore from ₹5.66 crore, while borrowings were ₹1.98 crore against ₹0 crore. Cash fell to ₹0.20 crore from ₹0.52 crore.
Inventories increased to ₹0.20 crore from ₹0.04 crore and trade receivables fell to ₹0.10 crore from ₹0.75 crore. Trade payables were ₹0.34 crore against ₹0 crore. H1 FY27 operating cash flow was ₹0.72 crore, compared with negative ₹0 crore in H1 FY26, while financing cash flow was negative ₹1.03 crore against negative ₹0.36 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 9.09 | 5.94 |
| Total equity | 6.64 | 5.66 |
| Borrowings | 1.98 | 0 |
| Cash and equivalents | 0.20 | 0.52 |
| Inventories | 0.20 | 0.04 |
| Trade receivables | 0.10 | 0.75 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 0.72 | 0 |
| Cash from investing | 0 | 0.35 |
| Cash from financing | −1.03 | −0.36 |
| Capital expenditure | 0.01 | 0.01 |
Source: Company's results filing (XBRL).
How has Shricon Industries done over the last 8 quarters?
Revenue peaked at ₹2.21 crore in Q3 FY26 and was ₹0.96 crore in Q2 FY27, after falling to ₹0.83 crore in Q1 FY27. Net profit peaked at ₹1.18 crore in Q3 FY26, while the latest quarter’s profit was ₹0.15 crore. The EBITDA margin rose from 4.4% in Q1 FY27 to 11.3% in Q2 FY27, after peaking at 62.6% in Q3 FY26.
How did Shricon Industries shares react?
The filing appeared after market hours. The stock was unchanged in the first 5, 15 and 30 minutes, then fell 5.0% on the reaction day. By the next day’s close, it was down 9.7% from its pre-results close, and by the fifth session it was down 8.4%.
The Real Estate related services industry median fell 2.7% on the reaction day, 3.3% by the next close and rose 0.5% over five sessions. Shricon Industries underperformed the industry median by 2.3 percentage points on the reaction day and 6.3 percentage points by the next close. Earlier reaction-day moves were 5.0% on 7 August 2026, 6 February 2026 and 10 November 2025.
| After the filing | Stock | Real Estate related services median |
|---|---|---|
| 5 minutes | +0.0% | |
| 15 minutes | +0.0% | |
| 30 minutes | +0.0% | |
| Reaction day | −5.0% | −2.7% |
| Next day | −9.7% | −3.3% |
| 5 days | −8.4% | +0.5% |
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 |
|---|---|
| 7 August 2026 | +5.0% |
| 6 February 2026 | +5.0% |
| 10 November 2025 | +5.0% |
| 9 August 2024 | +5.0% |
| 29 May 2024 | +0.0% |
Source: MarketPing price-reaction measurement.
Quick answers
What was Shricon Industries' revenue in Q2 FY27?
Revenue from operations was ₹0.96 crore, down 0.0% from ₹0.96 crore in Q2 FY26 (standalone).
Did Shricon Industries make a profit in Q2 FY27?
Yes. Net profit was ₹0.15 crore, against a net profit of ₹0.58 crore in Q2 FY26.
What was Shricon Industries' EPS in Q2 FY27?
Basic earnings per share were ₹1.22, against ₹3.81 in Q2 FY26.
How did Shricon Industries shares react to the Q2 FY27 results?
On the reaction day the stock moved −5.0% from the previous close; the median Real Estate related services stock moved −2.7%.
When did Shricon Industries announce its Q2 FY27 results?
On 27 October 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Intimation Of 5/2026-27 Meeting Of The Board Of Directors To Consider The Un-Audited Financial Results And Other Agenda Items For The Quarter And Half Year Ended 30Th September, 2026. (BSE, 19 October 2026) · PDF
- Unaudited Financial Results And Limited Review Report For Quarter And Half Year Ended On September 30, 2026 (BSE, 27 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.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.