Interest consumed much of NAGREEKEXP's operating profit in Q1FY27
Standalone operating margin was 3.09%; Rs 3.28 cr of interest left Rs 1.28 cr before tax.
Filed 13 Aug 2026, 19:36 IST · after market close · NAGREEKEXP (NAGREEKEXP)
Key takeaways
- A 3.09% operating margin left only Rs 5.36 cr of operating profit on Rs 173.82 cr revenue.
- Interest of Rs 3.28 cr and depreciation of Rs 0.99 cr reduced operating profit to Rs 1.28 cr before tax.
- Net profit was Rs 1.04 cr, while other income contributed Rs 0.18 cr and the tax rate was 19.31%.
A thin operating cushion
NAGREEKEXP reported standalone revenue of Rs 173.82 cr and operating profit of Rs 5.36 cr, which translates to a 3.09% operating margin. The narrow operating cushion left limited room for finance costs before tax.
Finance costs cut earnings sharply
Interest expense of Rs 3.28 cr absorbed much of operating profit, while depreciation added Rs 0.99 cr of additional cost before tax. Profit before tax was therefore Rs 1.28 cr, and the 19.31% tax rate reduced it to Rs 1.04 cr of net profit. Other income was Rs 0.18 cr, so non-operating income was not the main source of reported profit.
Results filed after market close
The standalone results were filed at 19:36 IST on 13 Aug 2026, after market close. There is no market reaction to assess in this report.
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 | ₹174 cr |
| Other income | ₹0 cr |
| Expenses | ₹168 cr |
| Operating profit | ₹5 cr |
| Operating margin (%) | 3.09% |
| Interest | ₹3 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹0 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.33 |
What to watch
- Whether operating margin moves above or below 3.09%.
- Whether operating profit continues to cover Rs 3.28 cr of interest expense.
- Whether net profit remains above Rs 1.04 cr without a larger contribution from Rs 0.18 cr of other income.