Sudarshan Chemical's 9.8% margin trails sector median by 8.61 points
The consolidated Q1FY27 filing includes Rs 32.2 cr of other income against Rs 157.4 cr of pre-tax profit and came after market close.
Filed 12 Aug 2026, 20:35 IST · after market close · Sudarshan Chemical Industries Ltd (SUDARSCHEM)
Key takeaways
- Consolidated operating margin was 9.8%, 8.61 percentage points below the 18.41% median of 72 reporting Commodities peers.
- Other income of Rs 32.2 cr formed part of profit before tax of Rs 157.4 cr, making non-operating income relevant to reported profit.
- The company filed its Q1FY27 results after market close on 12 Aug 2026, leaving no same-session reaction to report.
Price around the results
Q1FY27 profit conversion
Revenue of Rs 2642.1 cr supported operating profit of Rs 258.8 cr, but the 9.8% operating margin is the central read-through. Interest of Rs 40.5 cr and depreciation of Rs 93.1 cr reduced the conversion from operating profit to profit before tax of Rs 157.4 cr.
Operating margin remains below peers
Sudarshan Chemical's consolidated operating margin was 8.61 percentage points below the 18.41% median among 72 Commodities companies that had reported the quarter. Its margin ranked ninth from the bottom in that peer set, placing the quarter near the weaker end of the sector comparison.
Other income and tax in reported profit
Other income of Rs 32.2 cr was a meaningful non-operating component alongside profit before tax of Rs 157.4 cr. Tax of Rs 54.0 cr at a 34.31% tax rate further reduced reported net profit to Rs 103.4 cr.
Filed after the market close
The consolidated results were filed at 20:35 IST on 12 Aug 2026, after the market closed. The stock's immediate post-results reaction therefore cannot be assessed from this filing session.
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 | ₹2,642 cr |
| Other income | ₹32 cr |
| Expenses | ₹2,383 cr |
| Operating profit | ₹259 cr |
| Operating margin (%) | 9.80% |
| Interest | ₹41 cr |
| Depreciation | ₹93 cr |
| Profit before tax | ₹157 cr |
| Tax | ₹54 cr |
| Net profit | ₹103 cr |
| EPS (₹) | ₹12.30 |
Operating margin of 9.80% compares with a Commodities sector median of 18.41% across 72 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves from 9.8% in the next reported quarter.
- Whether other income remains a meaningful part of profit before tax against Rs 32.2 cr and Rs 157.4 cr in Q1FY27.
- Whether interest of Rs 40.5 cr and depreciation of Rs 93.1 cr continue to weigh on operating-profit-to-pre-tax-profit conversion.