SECMARK slips into Q1 loss as depreciation outweighs operating profit
Consolidated operating profit was Rs 1.02 cr, but Rs 1.44 cr of depreciation pushed profit before tax to Rs -0.25 cr.
Filed 12 Aug 2026, 20:51 IST · after market close · SECMARK (SECMARK)
Key takeaways
- SECMARK reported a consolidated net loss of Rs -0.19 cr and EPS of Rs -0.18 in Q1FY27.
- Depreciation of Rs 1.44 cr exceeded operating profit of Rs 1.02 cr, leaving profit before tax at Rs -0.25 cr.
- Other income was Rs 0.37 cr and the reported tax rate was 25.15%, limiting the net loss relative to the pre-tax loss.
Depreciation turned operating profit into a pre-tax loss
SECMARK reported consolidated revenue of Rs 10.35 cr and operating profit of Rs 1.02 cr in Q1FY27. Depreciation of Rs 1.44 cr was higher than operating profit, while interest was Rs 0.19 cr, resulting in a pre-tax loss of Rs -0.25 cr. Net loss stood at Rs -0.19 cr after a reported tax credit of Rs -0.06 cr.
The quarter’s earnings quality rests on operating profit
The operating margin was 9.84%, but the company did not retain that operating profit below the operating line because depreciation and interest together exceeded it. Other income was Rs 0.37 cr, which provided some support, while the reported tax rate was 25.15% despite the pre-tax loss. There are no sequential or year-on-year drivers in the reported quarter to establish whether costs or margins improved.
Results were filed after market close
The consolidated results were filed after market close on 12 August 2026. No market reaction is covered because the filing was too recent for a response to be available. There is also no quarterly trend data to show whether this loss or the 9.84% operating margin extends an existing direction.
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 | ₹10 cr |
| Other income | ₹0 cr |
| Expenses | ₹9 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 9.84% |
| Interest | ₹0 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹-0 cr |
| Tax | ₹-0 cr |
| Net profit | ₹-0 cr |
| EPS (₹) | ₹-0.18 |
What to watch
- Whether operating profit remains above depreciation of Rs 1.44 cr.
- Whether operating margin moves above or below 9.84%.
- Whether the tax credit of Rs -0.06 cr recurs alongside a pre-tax loss of Rs -0.25 cr.