ASMS reports 6.74% operating margin as management outlines agri expansion
Other income supported pre-tax profit, while management also outlined a USD 1 billion rural-commerce ambition over the next three years.
Filed 15 Sep 2026, 16:03 IST · after market close · ASMS (ASMS)
Key takeaways
- Standalone Q4FY26 operating margin was 6.74%, with operating profit of Rs 2.32 cr on revenue of Rs 34.39 cr.
- Other income of Rs 0.42 cr supplemented operating profit, while a 20.20% tax rate left net profit at Rs 2.09 cr.
- Management said it intends to digitally onboard 20 million farmers and open 1,000 smart agri-stores over the next three years.
Standalone earnings filed after market close
ASMS reported standalone Q4FY26 operating profit of Rs 2.32 cr on revenue of Rs 34.39 cr, implying a 6.74% operating margin. Profit before tax was Rs 2.62 cr and net profit was Rs 2.09 cr. The results were filed after market close on 15 Sep 2026 at 16:03 IST.
Other income contributed to pre-tax profit
Expenses of Rs 32.07 cr left limited operating profit from the quarter's revenue base. Other income of Rs 0.42 cr added to operating profit in producing pre-tax profit of Rs 2.62 cr. Tax of Rs 0.53 cr, at a 20.20% tax rate, reduced reported net profit to Rs 2.09 cr.
Management sets out a rural-commerce scale-up
Management said it plans to digitally onboard 20 million farmers over the next three years and open 1,000 smart agri-stores. It also said the business aims to facilitate USD 1 billion of gross merchandise value through rural commerce, including agri-input sales and market access for produced commodities. Separately, management said it intends to scale molecular-diagnostics products across India and global healthcare markets through its partnership with Huwel Lifesciences.
Q4FY26 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q4FY26 |
|---|---|
| Revenue | ₹34 cr |
| Other income | ₹0 cr |
| Expenses | ₹32 cr |
| Operating profit | ₹2 cr |
| Operating margin (%) | 6.74% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹1 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.07 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Guidance & outlook
- Over the next three years, the company intends to digitally onboard 20 million farmers.
- Over the next three years, the company intends to open 1,000 smart agri-stores.
- The company aims to facilitate USD 1 billion of gross merchandise value through rural commerce.
Expansion
- The company plans to scale its molecular diagnostics products across India and global healthcare markets.
New initiatives
- The company strategically partnered with Huwel Lifesciences to build a scalable molecular diagnostics platform.
What to watch
- Whether operating margin moves from the Q4FY26 base of 6.74%.
- Progress against management's stated goal of digitally onboarding 20 million farmers.
- Progress towards the planned 1,000 smart agri-stores and USD 1 billion rural-commerce GMV.