NORBTEAEXP reports 51.34% operating margin in Q1FY27
The standalone quarter had no tax charge, while interest absorbed a meaningful part of pre-tax profit; the results were filed after market close.
Filed 12 Aug 2026, 17:15 IST · after market close · NORBTEAEXP (NORBTEAEXP)
Key takeaways
- Standalone operating profit was Rs 0.66 cr on revenue of Rs 1.29 cr, implying a 51.34% operating margin.
- Net profit of Rs 0.32 cr matched profit before tax because the reported tax rate was 0.00%.
- Interest expense of Rs 0.20 cr was a significant charge against profit before tax of Rs 0.32 cr.
Operating profit was the main feature of the quarter
NORBTEAEXP reported standalone revenue of Rs 1.29 cr and operating profit of Rs 0.66 cr in Q1FY27. Expenses were Rs 0.63 cr, leaving the operating margin at 51.34%. There are no year-on-year or sequential comparisons in this quarter's release, so the margin cannot be placed in a recent direction of travel.
Interest limited conversion from operating profit to pre-tax profit
Interest expense was Rs 0.20 cr and depreciation was Rs 0.14 cr, bringing profit before tax to Rs 0.32 cr. Other income was only Rs 0.01 cr, so it did not materially drive pre-tax profit. The reported tax rate was 0.00%, which meant net profit of Rs 0.32 cr equalled profit before tax.
Results were filed after market close
The standalone results were filed after market close on 12 August 2026. With no quarter-on-quarter, year-on-year or reaction-history data, the key read-through is the reported margin, alongside the interest burden and zero tax charge.
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 | ₹1 cr |
| Other income | ₹0 cr |
| Expenses | ₹1 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 51.34% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹0 cr |
| Tax | ₹0 cr |
| Net profit | ₹0 cr |
| EPS (₹) | ₹0.21 |
What to watch
- Whether operating margin holds above 51.34%.
- Whether interest expense remains near Rs 0.20 cr.
- Whether the tax rate stays at 0.00%.