Expenses left MKPL with only a 2.18% operating margin
Standalone operating profit of Rs 2.51 cr fell to Rs 1.85 cr before tax after interest and depreciation, while other income was nil.
Filed 13 Aug 2026, 16:44 IST · after market close · MKPL (MKPL)
Key takeaways
- Standalone expenses of Rs 112.65 cr left MKPL with only a 2.18% operating margin in Q1FY27.
- Interest of Rs 0.52 cr and depreciation of Rs 0.15 cr reduced operating profit of Rs 2.51 cr to pre-tax profit of Rs 1.85 cr.
- Net profit was Rs 1.38 cr after a 25.17% tax rate, with no support from other income.
A thin operating spread in Q1FY27
MKPL's standalone revenue of Rs 115.16 cr generated only Rs 2.51 cr of operating profit, as expenses absorbed Rs 112.65 cr. That left little buffer before financing and non-cash charges, with operating margin at 2.18%.
Interest and depreciation cut the profit conversion
Interest of Rs 0.52 cr and depreciation of Rs 0.15 cr together reduced operating profit to pre-tax profit of Rs 1.85 cr. The company reported no other income, so profit was not supported by non-operating gains. Net profit of Rs 1.38 cr followed a 25.17% tax rate.
Results were filed after market close
The standalone results were filed at 16:44 IST on 13 August 2026, after the market closed. There is no reported post-results market reaction or recent reaction history to assess.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹115 cr |
| Other income | ₹0 cr |
| Expenses | ₹113 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 2.18% |
| Interest | ₹1 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹2 cr |
| Tax | ₹0 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.04 |
What to watch
- Whether standalone operating margin moves above or below 2.18% next quarter.
- Whether interest remains near Rs 0.52 cr as operating profit changes.
- Whether other income remains at Rs 0.00 cr.