KDDL's Q1 margin beat the peer median, but profit included other income
The consolidated result was filed after market close, with a 15.03% operating margin versus 13.33% across 81 reported peers.
Filed 04 Aug 2026, 19:22 IST · after market close · KDDL Ltd (KDDL)
Key takeaways
- KDDL's consolidated operating margin was 15.03%, 1.70 percentage points above the 13.33% median for 81 Consumer Discretionary peers.
- Other income of Rs 13.23 cr formed part of the Rs 61.97 cr pre-tax profit, so reported earnings were not wholly operational.
- A 27.79% tax rate left consolidated net profit at Rs 44.75 cr and EPS at Rs 23.87.
Price around the results
Q1 margin stayed ahead of the sector
KDDL reported a 15.03% consolidated operating margin in Q1FY27. That was 1.70 percentage points above the 13.33% median among 81 Consumer Discretionary peers that had reported the quarter. The comparison places KDDL above the sector midpoint, though the quarter has no sequential or year-on-year growth context in the reported set.
Other income affected profit quality
Operating profit was Rs 95.23 cr, while profit before tax was Rs 61.97 cr after interest and depreciation. Other income of Rs 13.23 cr was included in pre-tax profit, so the reported earnings were not generated entirely by operations. The 27.79% tax rate then resulted in consolidated net profit of Rs 44.75 cr.
No market reaction yet after the filing
KDDL filed the consolidated results after market close on 4 August 2026. The stock's post-results reaction is therefore not yet part of this assessment.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹634 cr |
| Other income | ₹13 cr |
| Expenses | ₹539 cr |
| Operating profit | ₹95 cr |
| Operating margin (%) | 15.03% |
| Interest | ₹12 cr |
| Depreciation | ₹35 cr |
| Profit before tax | ₹62 cr |
| Tax | ₹17 cr |
| Net profit | ₹45 cr |
| EPS (₹) | ₹23.87 |
Operating margin of 15.03% compares with a Consumer Discretionary sector median of 13.33% across 81 peers that have reported Q1FY27.
What to watch
- Whether operating margin remains above the 13.33% median reported by 81 sector peers.
- How much of profit before tax continues to come from other income against Rs 13.23 cr in Q1FY27.
- Whether the tax rate stays near 27.79% while EPS stands at Rs 23.87.