Crown Lifters’ 37.23% operating margin outpaces 230 Industrials peers
Standalone Q2FY27 profit was supported by operating earnings, but other income of Rs 1.11 cr was also material to pre-tax profit.
Filed 12 Nov 2026, 17:20 IST · after market close · Crown Lifters Ltd (CROWN)
Key takeaways
- Crown Lifters reported a 37.23% operating margin in its standalone Q2FY27 results.
- Other income of Rs 1.11 cr was a material contributor to profit before tax of Rs 2.34 cr.
- The company’s operating margin was 25.72 percentage points above the Industrials median across 230 reported peers.
Price around the results
High operating margin, but limited conversion to pre-tax profit
Crown Lifters reported standalone operating profit of Rs 5.10 cr on revenue of Rs 13.69 cr, giving a 37.23% operating margin. Interest of Rs 1.49 cr and depreciation of Rs 2.38 cr were significant charges below operating profit, limiting its conversion into pre-tax profit of Rs 2.34 cr. Net profit was Rs 1.75 cr, with EPS of Rs 1.51.
Other income is important to the earnings profile
Other income of Rs 1.11 cr was a material contributor alongside operating earnings in generating pre-tax profit of Rs 2.34 cr. The reported tax rate was 25.19%, while the company’s cost structure included expenses of Rs 8.59 cr, interest and depreciation. With no comparative quarter in the reported data, the direction of margins and profit cannot be assessed.
Margin sits well above the Industrials peer median
Crown Lifters’ 37.23% operating margin was 25.72 percentage points above the 11.51% median for 230 Industrials companies that had reported the same quarter. That places the company near the top of the reported peer set, with only five companies ranked above it from the bottom. The results were filed after market close, so there is no market reaction to assess yet.
Q2FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹14 cr |
| Other income | ₹1 cr |
| Expenses | ₹9 cr |
| Operating profit | ₹5 cr |
| Operating margin (%) | 37.23% |
| Interest | ₹1 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹2 cr |
| Tax | ₹1 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹1.51 |
Operating margin of 37.23% compares with a Industrials sector median of 11.51% across 230 peers that have reported Q2FY27.
What to watch
- Whether operating margin holds above 37.23% in the next reported quarter.
- Whether other income remains material relative to profit before tax of Rs 2.34 cr.
- Whether interest of Rs 1.49 cr and depreciation of Rs 2.38 cr continue to limit conversion from operating profit to pre-tax profit.