AksharChem’s Q1 profit rested on operations and a low tax rate
Other income was immaterial, but the 4.61% tax rate provided a significant lift to standalone net profit.
Filed 12 Aug 2026, 17:35 IST · after market close · AKSHARCHEM (AKSHARCHEM)
Key takeaways
- Standalone Q1FY27 profit was driven mainly by operations, with other income of only Rs 0.03 cr against Rs 15.95 cr of pre-tax profit.
- The 4.61% tax rate lifted the conversion of Rs 15.95 cr pre-tax profit into Rs 15.21 cr of net profit.
- Operating profit of Rs 22.62 cr translated into a 16.06% operating margin, while EPS was Rs 18.94.
Operations supplied almost all of the profit
AksharChem reported standalone operating profit of Rs 22.62 cr on revenue of Rs 140.87 cr in Q1FY27. Other income was only Rs 0.03 cr, so the reported pre-tax profit of Rs 15.95 cr was not materially supported by non-operating income.
Low tax rate improved reported earnings
The 4.61% tax rate meant that only Rs 0.74 cr of tax was charged against pre-tax profit of Rs 15.95 cr. This helped net profit reach Rs 15.21 cr and EPS Rs 18.94; the tax rate is therefore an important part of the quarter’s earnings quality.
Results were filed after market close
The standalone results were filed after market close on 12 August 2026. There is no post-results stock reaction to assess yet.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹141 cr |
| Other income | ₹0 cr |
| Expenses | ₹118 cr |
| Operating profit | ₹23 cr |
| Operating margin (%) | 16.06% |
| Interest | ₹2 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹16 cr |
| Tax | ₹1 cr |
| Net profit | ₹15 cr |
| EPS (₹) | ₹18.94 |
What to watch
- Whether operating margin holds around 16.06% in the next quarter.
- Whether the tax rate moves away from 4.61% and changes the gap between pre-tax profit and net profit.
- Whether other income remains immaterial against Rs 15.95 cr of pre-tax profit.