Alicon’s Q1 profit absorbs Rs 10.20 cr interest and Rs 26.84 cr depreciation
Consolidated operating margin was 9.38%, while a 37.32% tax rate shaped net profit; the results were filed after market close.
Filed 13 Aug 2026, 17:46 IST · after market close · ALICON (ALICON)
Key takeaways
- Alicon’s consolidated Q1FY27 operating profit of Rs 54.24 cr was reduced to Rs 18.26 cr before tax by Rs 10.20 cr of interest and Rs 26.84 cr of depreciation.
- The 9.38% operating margin converted into Rs 11.45 cr of net profit after a 37.32% tax rate.
- Management said the company booked 8 new parts from 5 customers and announced a new facility near Shikrapur, Pune.
Q1FY27 earnings were shaped below the operating line
Against consolidated revenue of Rs 578.01 cr, Alicon generated Rs 54.24 cr of operating profit, a 9.38% operating margin. Interest of Rs 10.20 cr and depreciation of Rs 26.84 cr were the main deductions between operating profit and profit before tax of Rs 18.26 cr. Other income was Rs 1.06 cr, so it did not drive reported profit.
Tax further reduced profit conversion
A 37.32% tax rate took net profit to Rs 11.45 cr from profit before tax of Rs 18.26 cr. This makes the tax line, along with interest and depreciation, important in reading the gap between operating earnings and net profit.
New facility and customer additions support the operating narrative
Management said Alicon booked 8 new parts from 5 customers in Q1FY27. The company also said it had announced a manufacturing facility near its existing Shikrapur site near Pune, intended to expand capacity for value-added products and larger customer programmes. Management said it plans to continue investing in capacity, technology and operational execution, and also disclosed a programme to reduce interest costs.
The filing came after market close
Alicon filed the consolidated results after market close on 13 Aug 2026. The immediate post-results share-price response therefore remains a later-session event rather than part of this initial assessment.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹578 cr |
| Other income | ₹1 cr |
| Expenses | ₹524 cr |
| Operating profit | ₹54 cr |
| Operating margin (%) | 9.38% |
| Interest | ₹10 cr |
| Depreciation | ₹27 cr |
| Profit before tax | ₹18 cr |
| Tax | ₹7 cr |
| Net profit | ₹11 cr |
| EPS (₹) | ₹14.04 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Guidance & outlook
- Alicon plans to pursue sustainable growth through disciplined execution and continued investments in capacity, technology and operational excellence.
- The company remains confident of creating long-term value, supported by a healthy order pipeline and clear strategic roadmap.
Expansion
- Alicon announced a new manufacturing facility near its existing Shikrapur facility near Pune.
- The new facility will enhance manufacturing capabilities and expand capacity for value-added products.
New orders
- Alicon booked eight new parts from five customers in Q1 FY27.
New initiatives
- The company is implementing a programme to reduce interest costs.
- Alicon plans to diversify its energy mix.
Problems & risks
- The company identified commodity prices, geopolitical developments and inventory levels as factors requiring monitoring.
What to watch
- Whether operating margin holds above 9.38% in the next reported quarter.
- Whether interest expense moves from Rs 10.20 cr as management implements its interest-cost reduction programme.
- Updates on the 8 parts booked from 5 customers alongside progress on the new Shikrapur facility.