Shivamills reports Rs 2.83 cr standalone profit in Q1FY27
Operating margin was 11.9%, while depreciation reduced profit before tax to Rs 3.39 cr and other income added Rs 0.52 cr.
Filed 06 Aug 2026, 16:59 IST · after market close · SHIVAMILLS (SHIVAMILLS)
Key takeaways
- Standalone operating profit of Rs 4.53 cr translated into an 11.9% operating margin in Q1FY27.
- Depreciation of Rs 1.64 cr was the main reduction from operating profit to Rs 3.39 cr of profit before tax, while interest was only Rs 0.02 cr.
- Net profit was Rs 2.83 cr after a 16.56% tax rate, with Rs 0.52 cr of other income also contributing to reported earnings.
Operating profit cleared after core expenses
Shivamills generated Rs 38.1 cr of standalone revenue and Rs 4.53 cr of operating profit in Q1FY27. Core expenses of Rs 33.56 cr absorbed most of revenue, leaving an 11.9% operating margin. With no year-on-year or sequential comparison available, the quarter sets a base for tracking operating momentum.
Depreciation, not interest, shaped pre-tax profit
Depreciation of Rs 1.64 cr reduced operating profit to Rs 3.39 cr of profit before tax. Interest expense was only Rs 0.02 cr, so financing costs had little effect on the quarter's earnings. Other income of Rs 0.52 cr provided a non-operating contribution to reported profit.
Tax rate helped the conversion to net profit
Tax expense was Rs 0.56 cr at a 16.56% tax rate, leaving Rs 2.83 cr of standalone net profit and EPS of Rs 3.27. The results were filed after market close on 06 Aug 2026, so there is no immediate stock reaction to assess.
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 | ₹38 cr |
| Other income | ₹1 cr |
| Expenses | ₹34 cr |
| Operating profit | ₹5 cr |
| Operating margin (%) | 11.90% |
| Interest | ₹0 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹1 cr |
| Net profit | ₹3 cr |
| EPS (₹) | ₹3.27 |
What to watch
- Whether operating margin holds above 11.9% in the next reported quarter.
- Whether depreciation remains near Rs 1.64 cr as a drag between operating profit and profit before tax.
- Whether other income stays around Rs 0.52 cr and the tax rate remains near 16.56%.