Interest and depreciation sharply reduced Alpinetex's Q1 operating profit flow-through
Operating profit of Rs 124.72 cr translated into Rs 60.87 cr of pre-tax profit after interest and depreciation, with tax taking net profit to Rs 43.71 cr.
Filed 14 Aug 2026, 17:35 IST · after market close · ALPINETEX (ALPINETEX)
Key takeaways
- Consolidated operating profit of Rs 124.72 cr was reduced to Rs 60.87 cr before tax by interest of Rs 38.44 cr and depreciation of Rs 31.31 cr.
- Other income of Rs 5.91 cr was only a supplement to operating profit, while a 28.2% tax rate reduced pre-tax profit to net profit of Rs 43.71 cr.
- Q1FY27 ended with a 13.9% consolidated operating margin and EPS of Rs 1.65.
Operating profit did not flow through to pre-tax earnings
Alpinetex reported consolidated operating profit of Rs 124.72 cr on revenue of Rs 897.35 cr, resulting in a 13.9% operating margin. Interest of Rs 38.44 cr and depreciation of Rs 31.31 cr materially reduced operating earnings before tax, leaving pre-tax profit at Rs 60.87 cr.
Other income supported profit, but was not the main driver
Other income contributed Rs 5.91 cr, making it a supplement rather than the main source of the quarter's earnings. Tax at 28.2% further reduced pre-tax profit to consolidated net profit of Rs 43.71 cr, with EPS at Rs 1.65.
Results were filed after market close
The consolidated results were filed after market close on 14 Aug 2026. There is no immediate trading response to assess, so the reported operating margin, finance cost and tax rate are the key reference points for the next results update.
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 | ₹897 cr |
| Other income | ₹6 cr |
| Expenses | ₹773 cr |
| Operating profit | ₹125 cr |
| Operating margin (%) | 13.90% |
| Interest | ₹38 cr |
| Depreciation | ₹31 cr |
| Profit before tax | ₹61 cr |
| Tax | ₹17 cr |
| Net profit | ₹44 cr |
| EPS (₹) | ₹1.65 |
What to watch
- Whether consolidated operating margin holds at or above 13.9%.
- Whether the gap between operating profit of Rs 124.72 cr and pre-tax profit of Rs 60.87 cr narrows.
- Whether the tax rate moves materially from 28.2%.