Other income outweighed operating profit in HindOilexp's Q1FY27
Consolidated operating margin was 2.78%, while other income of Rs 20.16 cr exceeded profit before tax of Rs 6.55 cr.
Filed 12 Aug 2026, 17:42 IST · after market close · HINDOILEXP (HINDOILEXP)
Key takeaways
- Consolidated operating profit was only Rs 3.17 cr on revenue of Rs 114.18 cr, leaving operating margin at 2.78%.
- Other income of Rs 20.16 cr exceeded profit before tax of Rs 6.55 cr, making reported profit quality a key issue.
- Net profit of Rs 6.24 cr benefited from a low 4.82% tax rate and a tax charge of only Rs 0.32 cr.
Expenses left little operating profit
HindOilexp reported consolidated revenue of Rs 114.18 cr, but expenses of Rs 111.00 cr left only Rs 3.17 cr of operating profit. The resulting 2.78% operating margin shows that almost all reported revenue was absorbed before financing and non-operating items.
Profit depended on non-operating income
Other income of Rs 20.16 cr was higher than the Rs 6.55 cr profit before tax, so the operating result was not the main source of reported profit. The tax charge was Rs 0.32 cr at a 4.82% tax rate, which reduced the tax drag on net profit of Rs 6.24 cr.
Results filed after market close
The consolidated results were filed after market close on 12 August 2026. There is therefore no market reaction to assess in this note, and no quarter-on-quarter or year-on-year comparison is available.
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 | ₹114 cr |
| Other income | ₹20 cr |
| Expenses | ₹111 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 2.78% |
| Interest | ₹1 cr |
| Depreciation | ₹16 cr |
| Profit before tax | ₹7 cr |
| Tax | ₹0 cr |
| Net profit | ₹6 cr |
| EPS (₹) | ₹0.47 |
What to watch
- Whether operating margin moves up from 2.78%.
- Whether operating profit exceeds Rs 3.17 cr without relying on other income of Rs 20.16 cr.
- Whether the tax rate remains near 4.82%.