Indoborax Q1 profit included Rs 2.56 cr of other income
Consolidated operating margin was 28.14%, while low interest and depreciation supported the conversion of operating profit into net profit.
Filed 10 Aug 2026, 13:46 IST · INDOBORAX (INDOBORAX)
Key takeaways
- Indoborax reported consolidated Q1FY27 net profit of Rs 16.25 cr, with operating margin at 28.14%.
- Other income contributed Rs 2.56 cr to consolidated profit before tax of Rs 22.00 cr, making earnings quality a key watchpoint.
- Interest and depreciation were limited to Rs 0.05 cr and Rs 0.31 cr respectively, leaving operating profit of Rs 19.80 cr largely intact before tax.
Q1 profit had a meaningful non-operating component
Indoborax reported consolidated net profit of Rs 16.25 cr on revenue of Rs 70.36 cr. Other income of Rs 2.56 cr formed part of the Rs 22.00 cr profit before tax, so reported earnings were not entirely generated by operations. The operating contribution was Rs 19.80 cr.
Low finance and depreciation charges supported earnings conversion
The consolidated operating margin was 28.14% on expenses of Rs 50.56 cr. Interest of Rs 0.05 cr and depreciation of Rs 0.31 cr were small charges below operating profit, limiting the gap between operating profit and profit before tax. The tax rate was 26.12%.
No sequential or year-on-year trend is available in this release
The quarter's consolidated results do not include a sequential or year-on-year comparison, and there is no multi-quarter trend to assess. The next comparison will help establish whether the 28.14% operating margin is being maintained and whether other income remains a material contributor to profit.
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 | ₹70 cr |
| Other income | ₹3 cr |
| Expenses | ₹51 cr |
| Operating profit | ₹20 cr |
| Operating margin (%) | 28.14% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹22 cr |
| Tax | ₹6 cr |
| Net profit | ₹16 cr |
| EPS (₹) | ₹5.07 |
What to watch
- Whether consolidated operating margin holds around 28.14%.
- Whether other income remains close to Rs 2.56 cr.
- Whether net profit continues to convert from operating profit of Rs 19.80 cr without a larger tax or non-operating drag.