SOMATEX profit gets a lift from other income and zero tax
The consolidated business posted a 7.75% operating margin, while Rs 0.59 cr of other income and a 0.0% tax rate shaped reported earnings.
Filed 31 Jul 2026, 12:14 IST · SOMATEX (SOMATEX)
Key takeaways
- Consolidated Q1FY27 operating profit was Rs 2.20 cr on revenue of Rs 28.39 cr, giving a 7.75% operating margin.
- Net profit was Rs 2.76 cr, helped by Rs 0.59 cr of other income and a 0.0% tax rate.
- The gap between operating profit of Rs 2.20 cr and profit before tax of Rs 2.76 cr was driven mainly by other income, as interest and depreciation were only Rs 0.01 cr and Rs 0.02 cr.
Operating earnings and the profit bridge
The consolidated business generated operating profit, but its 7.75% margin was substantially below the reported profit before tax of Rs 2.76 cr. Other income of Rs 0.59 cr was a meaningful contributor to pre-tax profit, so earnings were not solely operating-led. Interest of Rs 0.01 cr and depreciation of Rs 0.02 cr were not material to the bridge.
Zero tax lifted net-profit conversion
The 0.0% tax rate allowed the full Rs 2.76 cr profit before tax to pass through as net profit. That makes the reported EPS of Rs 0.84 particularly sensitive to whether the nil tax charge is repeated in later quarters.
Expenses leave a narrow operating cushion
Expenses of Rs 26.19 cr absorbed most of the Rs 28.39 cr revenue, leaving Rs 2.20 cr in operating profit. With interest and depreciation both minimal, changes in the expense base are the clearest operating lever behind the 7.75% margin.
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 | ₹28 cr |
| Other income | ₹1 cr |
| Expenses | ₹26 cr |
| Operating profit | ₹2 cr |
| Operating margin (%) | 7.75% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹0 cr |
| Net profit | ₹3 cr |
| EPS (₹) | ₹0.84 |
What to watch
- Whether consolidated operating margin holds above 7.75%.
- The contribution of other income relative to Rs 0.59 cr in Q1FY27.
- Whether the tax rate remains at 0.0%.