CPCAP reports 91.86% operating margin in Q1FY27
Earnings were driven mainly by operations, while other income remained small and the tax rate was 25.53%.
Filed 14 Aug 2026, 13:28 IST · CPCAP (CPCAP)
Key takeaways
- CPCAP's consolidated Q1FY27 operating margin was 91.86%, with operating profit of Rs 20.16 cr on revenue of Rs 21.95 cr.
- Other income was Rs 0.30 cr against profit before tax of Rs 17.88 cr, limiting the role of non-operating income in reported profit.
- A 25.53% tax rate reduced profit before tax of Rs 17.88 cr to net profit of Rs 13.31 cr.
91.86% operating conversion in Q1FY27
CPCAP's consolidated Q1FY27 results show a high conversion of revenue into operating profit, with a 91.86% operating margin. Expenses of Rs 1.79 cr remained low relative to revenue of Rs 21.95 cr, supporting operating profit of Rs 20.16 cr.
Below-operating-line charges shaped the bridge
Interest of Rs 1.90 cr and depreciation of Rs 0.69 cr reduced operating profit of Rs 20.16 cr to profit before tax of Rs 17.88 cr. Other income of Rs 0.30 cr was small relative to profit before tax, so the quarter's earnings were not materially dependent on that line.
Tax reduced the conversion to net profit
The 25.53% tax rate was the main reported deduction between profit before tax and net profit of Rs 13.31 cr. The resulting basic EPS was Rs 7.32, providing the per-share reference point for subsequent reported quarters.
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 | ₹22 cr |
| Other income | ₹0 cr |
| Expenses | ₹2 cr |
| Operating profit | ₹20 cr |
| Operating margin (%) | 91.86% |
| Interest | ₹2 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹18 cr |
| Tax | ₹5 cr |
| Net profit | ₹13 cr |
| EPS (₹) | ₹7.32 |
What to watch
- Whether operating margin remains near 91.86%.
- The next quarter's interest charge against the Q1FY27 level of Rs 1.90 cr.
- Whether other income remains limited relative to profit before tax, at Rs 0.30 cr versus Rs 17.88 cr in Q1FY27.