Interest and depreciation left Q1FY27 with Rs 6.82 cr net profit
A 25.43% tax rate came after finance costs of Rs 11.63 cr and depreciation of Rs 9.50 cr had reduced operating profit.
Filed 24 Jul 2026, 17:36 IST · after market close · SHREDIGCEM (SHREDIGCEM)
Key takeaways
- Interest of Rs 11.63 cr and depreciation of Rs 9.50 cr materially reduced the conversion of Rs 22.16 cr operating profit into Rs 6.82 cr net profit.
- Operating margin was 6.57%, leaving SHREDIGCEM's consolidated Q1FY27 earnings exposed to finance costs.
- Other income was Rs 1.08 cr against profit before tax of Rs 9.15 cr, so reported profit was not mainly supported by non-operating income.
A thin operating margin set the tone
SHREDIGCEM reported consolidated Q1FY27 revenue of Rs 337.27 cr and operating profit of Rs 22.16 cr. At a 6.57% operating margin, the business had limited operating surplus before interest and depreciation.
Finance costs were central to profit conversion
Interest of Rs 11.63 cr and depreciation of Rs 9.50 cr were the main charges between operating profit and profit before tax of Rs 9.15 cr. Other income of Rs 1.08 cr was small relative to PBT, so earnings were primarily shaped by operations and financing costs rather than ancillary income. Tax of Rs 2.33 cr at a 25.43% rate brought net profit to Rs 6.82 cr.
Results were filed after market close
The consolidated results were filed at 17:36 IST on 24 Jul 2026, after market close. The filing therefore does not include an immediate market response.
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 | ₹337 cr |
| Other income | ₹1 cr |
| Expenses | ₹315 cr |
| Operating profit | ₹22 cr |
| Operating margin (%) | 6.57% |
| Interest | ₹12 cr |
| Depreciation | ₹10 cr |
| Profit before tax | ₹9 cr |
| Tax | ₹2 cr |
| Net profit | ₹7 cr |
| EPS (₹) | ₹0.46 |
What to watch
- Whether operating margin holds above 6.57%.
- Whether interest stays below operating profit of Rs 22.16 cr.
- Whether other income remains close to Rs 1.08 cr.