Lancer's 4.42% operating margin trails Services peers by 14.89 points
Other income of Rs 4.20 cr was material against Rs 7.23 cr of pre-tax profit, while the results were filed after market close.
Filed 06 Nov 2026, 20:06 IST · after market close · Lancer Containers Lines Ltd (LANCER)
Key takeaways
- Lancer's consolidated operating margin was 4.42%, 14.89 percentage points below the Services-sector median across 59 reported peers.
- Other income of Rs 4.20 cr was material against profit before tax of Rs 7.23 cr, making reported profit partly dependent on non-operating income.
- The company reported consolidated net profit of Rs 6.24 cr and EPS of Rs 0.17, with the results filed after market close.
Price around the results
A thin operating cushion
Lancer generated consolidated operating profit of Rs 10.04 cr from revenue of Rs 227.33 cr, leaving limited operating cushion. The 4.42% operating margin was 14.89 percentage points below the 19.31% median for 59 Services peers that had reported the quarter.
Other income shaped reported profit
Other income of Rs 4.20 cr was material compared with profit before tax of Rs 7.23 cr. This means the reported Rs 6.24 cr net profit was not produced by operating earnings alone. The 13.77% tax rate also determined how much of pre-tax profit converted into net profit.
No immediate market read-through
The consolidated results were filed after market close, so there is no market reaction to assess yet. There is also no quarter-on-quarter or year-on-year comparison in the available results, leaving the 4.42% operating margin and the gap to sector peers as the clearest current reference points.
Q2FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹227 cr |
| Other income | ₹4 cr |
| Expenses | ₹217 cr |
| Operating profit | ₹10 cr |
| Operating margin (%) | 4.42% |
| Interest | ₹1 cr |
| Depreciation | ₹6 cr |
| Profit before tax | ₹7 cr |
| Tax | ₹1 cr |
| Net profit | ₹6 cr |
| EPS (₹) | ₹0.17 |
Operating margin of 4.42% compares with a Services sector median of 19.31% across 59 peers that have reported Q2FY27.
What to watch
- Whether operating margin moves up from 4.42% in the next reported quarter.
- Whether other income remains material relative to profit before tax of Rs 7.23 cr.
- Whether the tax rate remains near 13.77%.