ARDEE reports Rs 19.9 cr standalone profit in Q1FY27
Profit was mainly supported by operations, while Rs 0.23 cr of other income had little bearing on the Rs 26.68 cr pre-tax result.
Filed 02 Sep 2026, 13:36 IST · Ardee Industries Ltd (ARDEE)
Key takeaways
- Ardee's standalone operating margin of 9.90% was 3.97 percentage points below the 13.87% median for 161 reporting commodity peers.
- Other income of Rs 0.23 cr was small relative to profit before tax of Rs 26.68 cr, leaving operating earnings as the main profit base.
Price around the results
Standalone earnings rested on operating profit
Ardee reported standalone revenue of Rs 338.81 cr and net profit of Rs 19.90 cr in Q1FY27. Other income was only Rs 0.23 cr against profit before tax of Rs 26.68 cr, so the reported profit was not materially dependent on non-operating income. Interest of Rs 4.33 cr and depreciation of Rs 2.75 cr reduced operating profit before tax.
Margin gap remains wide against commodity peers
The 9.90% operating margin was 3.97 percentage points below the 13.87% median across 161 commodity companies that had reported the quarter. Ardee ranked 48th from the bottom on this comparison. With no sequential or year-on-year driver data, the peer gap is the clearest read on the quarter's operating performance.
Tracked stock reaction turned progressively weaker
It underperformed its benchmark by 4.58% at day zero and 4.76% by day five. The move was recorded on low volume, at 0.51 times the reference volume.
Q1FY27 at a glance
Standalone figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹339 cr |
| Other income | ₹0 cr |
| Expenses | ₹305 cr |
| Operating profit | ₹34 cr |
| Operating margin (%) | 9.90% |
| Interest | ₹4 cr |
| Depreciation | ₹3 cr |
| Profit before tax | ₹27 cr |
| Tax | ₹7 cr |
| Net profit | ₹20 cr |
| EPS (₹) | ₹0.78 |
Operating margin of 9.90% compares with a Commodities sector median of 13.87% across 161 peers that have reported Q1FY27.
How the stock reacted
| Window | Stock | vs NIFTY |
|---|---|---|
| Results day | -4.11% | -4.58% |
| Next session | -5.91% | — |
| 5 sessions | -5.43% | -4.76% |
| 15 sessions | -20.21% | — |
Volume on the results session was 0.51× its 20-day average.
What to watch
- Whether standalone operating margin moves from 9.90% toward the 13.87% commodity-peer median.
- Whether other income remains close to Rs 0.23 cr relative to profit before tax of Rs 26.68 cr.
- Whether interest changes from Rs 4.33 cr as operating earnings develop.