Standalone profit depended on tax credit as interest absorbed operating profit
Other income exceeded pre-tax profit, while a -76.55% tax rate lifted net profit to Rs 0.20 cr.
Filed 12 Aug 2026, 18:49 IST · after market close · CAPTRUST (CAPTRUST)
Key takeaways
- Standalone operating profit of Rs 1.35 cr was almost absorbed by Rs 1.28 cr of interest, leaving profit before tax at Rs 0.11 cr.
- The Rs 0.20 cr net profit was flattered by a -76.55% tax rate and other income of Rs 0.20 cr, which exceeded profit before tax.
- Revenue of Rs 12.07 cr converted into an 11.18% operating margin, with no comparable YoY or QoQ movement reported.
Operating profit was largely consumed below the operating line
CAPTRUST reported standalone revenue of Rs 12.07 cr and operating profit of Rs 1.35 cr, implying an 11.18% operating margin. Interest expense of Rs 1.28 cr absorbed most of that operating profit, while depreciation of Rs 0.16 cr pushed profit before tax down to Rs 0.11 cr. The result was filed after market close.
Net profit quality was weak despite the reported profit
Other income of Rs 0.20 cr exceeded profit before tax of Rs 0.11 cr, so the reported pre-tax result did not come mainly from operations. A tax credit of Rs 0.09 cr produced a -76.55% tax rate and lifted net profit to Rs 0.20 cr. This makes net profit a poor read-through to operating performance for the quarter.
No sequential or annual comparison was available
The filing does not provide YoY or QoQ comparisons, and there is no reported multi-quarter trend to establish whether the 11.18% operating margin is improving or declining. The next results should clarify whether operating profit can continue to cover interest expense of Rs 1.28 cr.
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 | ₹12 cr |
| Other income | ₹0 cr |
| Expenses | ₹11 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 11.18% |
| Interest | ₹1 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹0 cr |
| Tax | ₹-0 cr |
| Net profit | ₹0 cr |
| EPS (₹) | ₹0.06 |
What to watch
- Whether operating profit continues to cover interest expense of Rs 1.28 cr.
- Whether operating margin moves above or below 11.18%.
- Whether net profit remains supported by a tax rate of -76.55%.