India Glycols' Q1 margin trails FMCG peer median
The consolidated 15.00% operating margin was 1.12 percentage points below the 16.12% median across 37 reporting peers; the filing came after market close.
Filed 12 Aug 2026, 17:04 IST · after market close · India Glycols Ltd (INDIAGLYCO)
Key takeaways
- India Glycols' consolidated operating margin of 15.00% was 1.12 percentage points below the 16.12% median for 37 reporting FMCG peers.
- Other income of Rs 20.98 cr supported pre-tax profit, so the Rs 96.83 cr net profit was not generated solely by operations.
- The company filed its Q1FY27 results after market close, so no immediate stock reaction was available.
Price around the results
Operating earnings converted into Rs 96.83 cr of profit
India Glycols reported consolidated Q1FY27 net profit of Rs 96.83 cr after Rs 25.18 cr of interest, Rs 42.48 cr of depreciation and Rs 26.05 cr of tax. These charges absorbed a substantial part of operating profit of Rs 169.56 cr. Other income of Rs 20.98 cr also contributed to pre-tax profit, so earnings were not solely operating-led.
Margin stayed below the FMCG peer midpoint
The 15.00% operating margin was 1.12 percentage points below the 16.12% median among 37 FMCG companies that had reported the quarter. India Glycols ranked 16th from the bottom in that peer set, placing its operating profitability below the sector middle.
After-close filing leaves the market response open
The company filed its consolidated results after market close, so no immediate stock reaction followed the announcement. The next trading session will provide the first observable market response to the quarter.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹1,130 cr |
| Other income | ₹21 cr |
| Expenses | ₹961 cr |
| Operating profit | ₹170 cr |
| Operating margin (%) | 15.00% |
| Interest | ₹25 cr |
| Depreciation | ₹42 cr |
| Profit before tax | ₹123 cr |
| Tax | ₹26 cr |
| Net profit | ₹97 cr |
| EPS (₹) | ₹14.45 |
Operating margin of 15.00% compares with a Fast Moving Consumer Goods sector median of 16.12% across 37 peers that have reported Q1FY27.
What to watch
- Whether operating margin remains at or above 15.00%.
- Whether the gap to the 16.12% peer median narrows.
- Whether interest remains close to Rs 25.18 cr.