Remsons reports Rs 3.22 cr profit as management outlines FY30 scale-up
Consolidated earnings were not mainly supported by other income, while the presentation highlighted new orders and a Chakan expansion.
Filed 14 Aug 2026, 16:21 IST · after market close · REMSONSIND (REMSONSIND)
Key takeaways
- Remsons' consolidated Q1FY27 operating profit of Rs 10.44 cr converted into net profit of Rs 3.22 cr after Rs 2.38 cr interest and Rs 4.37 cr depreciation.
- Management said the Chakan expansion will take the facility to 30,000 sq ft and add about Rs 50 cr of revenue capacity.
- The company said it remains on track for a FY30 revenue aspiration of Rs 900–1,000 cr and gave EBITDA margin guidance of 13–14%.
Operating profit was reduced sharply by below-the-line costs
Remsons reported consolidated operating profit of Rs 10.44 cr and net profit of Rs 3.22 cr in Q1FY27, with an operating margin of 8.72%. Interest of Rs 2.38 cr and depreciation of Rs 4.37 cr absorbed a substantial part of operating profit before tax was Rs 4.3 cr. Other income of Rs 0.61 cr was modest relative to pre-tax profit, so earnings were not mainly supported by non-operating income; the reported tax rate was 24.94%.
Chakan expansion adds a new rail-equipment leg
Management said the Pune Chakan facility is being expanded to 30,000 sq ft, with revenue capacity of about Rs 50 cr. The company told investors that the facility will enter freight and passenger rail-equipment manufacturing. Management also said it is pursuing new technology products and focusing on product mix and operating efficiency.
New awards support the company's stated scale-up plan
The presentation said Stellantis awarded Remsons a control-cables business worth Rs 300 cr over seven years. It also cited a Rs 60 cr, five-year gear-shifter and push-pull cables award from a global commercial-vehicle OEM. Management said joint ventures, collaborations and M&A are part of its plan to accelerate growth.
Management's targets imply a higher margin ambition
Management said it remains on track for a FY30 revenue aspiration of Rs 900–1,000 cr and that revenue is projected to triple over the next three years. The company also cited an estimated revenue CAGR of approximately 20% by FY29 and EBITDA margin guidance of 13–14%. The current 8.72% operating margin is not directly comparable with EBITDA margin, but the guidance sets a higher profitability ambition than the reported operating margin.
Results were filed after market close
The consolidated results were filed after market close on 14 August 2026. The release therefore did not yet have a market reaction to assess against the stock's post-results history.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹120 cr |
| Other income | ₹1 cr |
| Expenses | ₹109 cr |
| Operating profit | ₹10 cr |
| Operating margin (%) | 8.72% |
| Interest | ₹2 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹4 cr |
| Tax | ₹1 cr |
| Net profit | ₹3 cr |
| EPS (₹) | ₹0.82 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- Q1 FY27 reflected continued momentum in the core business and sustained demand across the product portfolio.
- Initiatives undertaken across the business are progressing well.
Guidance & outlook
- Remsons remains on track to achieve its FY30 revenue aspiration of ₹900–1,000 crore.
- Revenue is projected to triple over the next three years.
- The company estimates revenue CAGR of approximately 20% by FY29.
- The company has provided EBITDA margin guidance of 13–14%.
Expansion
- Remsons is expanding its Chakan facility in Pune to 30,000 sq ft, with revenue capacity of approximately Rs 50 crore.
- The Chakan facility will enter freight and passenger rail equipment manufacturing.
New orders
- Stellantis awarded Remsons a control-cables business worth INR 300 crore over seven years.
- A global commercial-vehicle OEM awarded Remsons a gear-shifter and push-pull cables business worth INR 60 crore over five years.
New initiatives
- Remsons is expanding into new technology products.
- The company plans to accelerate growth through joint ventures, collaborations and M&A.
- The company is focusing on strengthening its product mix, improving operational efficiencies and pursuing higher-value opportunities.
Problems & risks
- The company says it has survived multiple industry downturns.
What to watch
- Whether consolidated operating margin holds above 8.72%.
- Progress toward the Chakan facility's 30,000 sq ft footprint and Rs 50 cr revenue capacity.
- Execution of the Rs 300 cr, seven-year Stellantis control-cables award.