BSHSL posts 9.39% operating margin in standalone Q1FY27
Net profit reached Rs 14.30 cr, helped by a 6.23% tax rate rather than by meaningful other income.
Filed 07 Aug 2026, 13:17 IST · BSHSL (BSHSL)
Key takeaways
- BSHSL reported standalone operating profit of Rs 17.14 cr on Q1FY27 revenue of Rs 182.57 cr, implying a 9.39% operating margin.
- The 6.23% tax rate supported net profit of Rs 14.30 cr, while other income was only Rs 0.51 cr against profit before tax of Rs 15.25 cr.
- Interest cost was Rs 2.04 cr, materially above depreciation of Rs 0.35 cr, with basic EPS at Rs 1.36.
Q1FY27 operating profile
BSHSL's standalone operating profit was Rs 17.14 cr on revenue of Rs 182.57 cr, leaving a 9.39% operating margin. Expenses of Rs 165.43 cr absorbed most of revenue, so the quarter's operating performance remains the key determinant of earnings.
Low tax rate lifted profit conversion
Profit before tax was Rs 15.25 cr after interest of Rs 2.04 cr and depreciation of Rs 0.35 cr. The 6.23% tax rate helped convert this into Rs 14.30 cr of net profit; other income of Rs 0.51 cr was not a major contributor.
No market or trend read-through yet
The results have no year-on-year or sequential comparison in the reported set, so margin direction cannot be established from this quarter alone. There is also no post-results stock reaction to assess against the company's history.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹183 cr |
| Other income | ₹1 cr |
| Expenses | ₹165 cr |
| Operating profit | ₹17 cr |
| Operating margin (%) | 9.39% |
| Interest | ₹2 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹15 cr |
| Tax | ₹1 cr |
| Net profit | ₹14 cr |
| EPS (₹) | ₹1.36 |
What to watch
- Whether operating margin holds above 9.39%.
- Whether the tax rate stays close to 6.23% without further lifting profit conversion.
- Whether interest cost remains around Rs 2.04 cr relative to operating profit of Rs 17.14 cr.