Avsar.

Q1FY27 · Consolidated

Interest and depreciation push NATCAPSUQ to a Q1 loss

Operating profit was Rs 1.12 cr, but interest and depreciation left net profit at a loss of Rs 5.74 cr.

By Ashutosh

Filed 12 Aug 2026, 18:13 IST · after market close · NATCAPSUQ (NATCAPSUQ)

Key takeaways

  • NATCAPSUQ reported a consolidated Q1FY27 net loss of Rs 5.74 cr despite operating profit of Rs 1.12 cr.
  • Interest of Rs 4.97 cr and depreciation of Rs 4.33 cr outweighed operating profit, leaving profit before tax at a loss of Rs 5.83 cr.
  • Other income of Rs 2.35 cr provided limited relief, while operating margin was only 2.30%.

Operating profit did not reach the bottom line

Expenses nearly absorbed revenue, leaving the consolidated business with an operating margin of just 2.30% and operating profit of Rs 1.12 cr. That operating profit was insufficient to cover interest of Rs 4.97 cr and depreciation of Rs 4.33 cr, resulting in a pre-tax loss of Rs 5.83 cr.

Other income and tax credit offered limited relief

Other income of Rs 2.35 cr partly offset the operating shortfall, but the company still reported a net loss of Rs 5.74 cr. The tax line was a credit of Rs 0.09 cr, reflected in a 1.53% tax rate, and did not change the loss-making outcome.

Results were filed after market close

The company filed its consolidated Q1FY27 results at 18:13 IST on 12 Aug 2026, after market close. The next trading session will provide the market's initial response to the loss and the 2.30% operating margin.

Q1FY27 at a glance

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

Line itemQ1FY27
Revenue₹49 cr
Other income₹2 cr
Expenses₹48 cr
Operating profit₹1 cr
Operating margin (%)2.30%
Interest₹5 cr
Depreciation₹4 cr
Profit before tax₹-6 cr
Tax₹-0 cr
Net profit₹-6 cr
EPS (₹)₹-5.55

What to watch

  • Whether operating margin improves from 2.30% next quarter.
  • Whether interest falls from Rs 4.97 cr.
  • Whether net profit moves above the loss of Rs 5.74 cr.