BANG's Q1FY27 operating margin was just 2.73%
Interest and depreciation cut operating profit of Rs 1.56 cr to Rs 0.82 cr before tax, while the 58.64% tax rate further reduced net profit.
Filed 14 Aug 2026, 15:01 IST · BANG (BANG)
Key takeaways
- Consolidated Q1FY27 operating margin was 2.73%, leaving operating profit at Rs 1.56 cr on revenue of Rs 57.2 cr.
- Interest of Rs 0.83 cr and depreciation of Rs 0.27 cr reduced operating profit to profit before tax of Rs 0.82 cr.
- A 58.64% tax rate reduced profit before tax of Rs 0.82 cr to net profit of Rs 0.34 cr.
A narrow operating cushion in Q1FY27
BANG reported consolidated revenue of Rs 57.2 cr, but operating profit was only Rs 1.56 cr. Expenses of Rs 55.64 cr left little room between revenue and operating costs, reflected in the 2.73% operating margin.
Finance costs and tax weighed on reported profit
Interest of Rs 0.83 cr and depreciation of Rs 0.27 cr reduced operating profit of Rs 1.56 cr to profit before tax of Rs 0.82 cr. Other income of Rs 0.35 cr was a sizeable component relative to profit before tax, while the 58.64% tax rate brought net profit down to Rs 0.34 cr.
No sequential or year-on-year trend to assess
The quarter's reported profitability is therefore best read through its low operating cushion and the deductions below operating profit. There is no comparative movement in the reported quarter to establish whether margin or earnings momentum is improving or weakening.
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 | ₹57 cr |
| Other income | ₹0 cr |
| Expenses | ₹56 cr |
| Operating profit | ₹2 cr |
| Operating margin (%) | 2.73% |
| Interest | ₹1 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹0 cr |
| Net profit | ₹0 cr |
| EPS (₹) | ₹0.25 |
What to watch
- Whether operating margin holds above 2.73% in the next reported quarter.
- Whether interest remains below the Rs 0.83 cr reported in Q1FY27.
- Whether the tax rate moves below 58.64%.