Industrials · Q1FY27 · Consolidated

Karamtara's Q1 operating margin trails the Industrials median

International revenue was 66% of Q1FY27, while interest expense of Rs 41.25 cr outweighed other income of Rs 3.84 cr.

By Ashutosh

Filed 06 Oct 2026, 20:04 IST · after market close · Karamtara Engineering Ltd (KARAMTARA)

Key takeaways

  • Karamtara's consolidated Q1FY27 operating margin of 10.99% was 0.82 percentage points below the Industrials median among 285 reported peers.
  • Management said international revenue accounted for 66% of Q1FY27 and that it will continue using its international presence to increase market share.
  • Other income was Rs 3.84 cr against profit before tax of Rs 116.75 cr, while interest expense was Rs 41.25 cr.

Price around the results

Q1FY27 margin sits below the Industrials benchmark

The 10.99% operating margin was 0.82 percentage points below the 11.81% median for 285 Industrials peers that have reported. Interest expense of Rs 41.25 cr was the larger below-operating-profit charge than depreciation of Rs 19.58 cr. Other income of Rs 3.84 cr was not the main reported profit driver against profit before tax of Rs 116.75 cr.

International business remains central to the quarter

Management said international revenue accounted for 66% of Q1FY27 and that it will continue leveraging its international presence to increase market share. The presentation said the company uses automated equipment, robotics and IoT sensors to improve maintenance, reduce downtime and increase production efficiency. Management also highlighted in-house design engineering capabilities using PLS Tower, BOCAD, SolidWorks and AutoCAD.

Results were filed after market close

Karamtara filed the consolidated results after market close on 6 October 2026. The immediate market response cannot yet be assessed.

Q1FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹1,581 cr
Other income₹4 cr
Expenses₹1,407 cr
Operating profit₹174 cr
Operating margin (%)10.99%
Interest₹41 cr
Depreciation₹20 cr
Profit before tax₹117 cr
Tax₹29 cr
Net profit₹87 cr
EPS (₹)₹2.99

Operating margin of 10.99% compares with a Industrials sector median of 11.81% across 285 peers that have reported Q1FY27.

What management said

From the company’s own investor presentation. Each point is checked against the source document before it appears here.

This quarter

  • International revenue accounted for 66% in Q1 FY27.

Guidance & outlook

  • The company will continue leveraging its international presence to increase market share.

New initiatives

  • The company uses automated equipment, robotics and IoT sensors to improve maintenance, reduce downtime and increase production efficiency.
  • The company has in-house design engineering capabilities using PLS Tower, BOCAD, SolidWorks and AutoCAD.

What to watch

  • Whether operating margin moves above 10.99% and toward the 11.81% Industrials median.
  • Whether international revenue remains at 66% of revenue.
  • Whether other income remains a small contributor relative to profit before tax of Rs 116.75 cr.