Sundrop posts Rs 12.13 cr Q1FY27 profit at 5.84% operating margin
The consolidated result shows thin operating conversion, while other income made only a limited contribution to pre-tax profit.
Filed 06 Aug 2026, 18:19 IST · after market close · SUNDROP (SUNDROP)
Key takeaways
- Sundrop's consolidated Q1FY27 operating margin was 5.84% on revenue of Rs 428.08 cr.
- Net profit was Rs 12.13 cr, while the 29.27% tax rate shaped the conversion from pre-tax profit to earnings.
- Other income of Rs 1.01 cr was modest against profit before tax of Rs 17.15 cr, limiting its effect on profit quality.
Thin operating conversion in Q1FY27
Sundrop converted Rs 428.08 cr of consolidated revenue into Rs 25.02 cr of operating profit, implying a 5.84% operating margin. The result points to limited operating surplus after expenses, leaving relatively little room between revenue generation and operating earnings.
Tax, interest and other income shape earnings quality
Profit before tax was Rs 17.15 cr after interest of Rs 0.55 cr and depreciation of Rs 8.33 cr. The Rs 5.02 cr tax charge represented a 29.27% tax rate, bringing net profit to Rs 12.13 cr and EPS to Rs 3.22. Other income of Rs 1.01 cr was small relative to pre-tax profit, so reported earnings were not chiefly supported by non-operating income.
Results were filed after market close
The consolidated results were filed at 18:19 IST on 6 August 2026, after market close. The immediate trading response is therefore not covered here.
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 | ₹428 cr |
| Other income | ₹1 cr |
| Expenses | ₹403 cr |
| Operating profit | ₹25 cr |
| Operating margin (%) | 5.84% |
| Interest | ₹1 cr |
| Depreciation | ₹8 cr |
| Profit before tax | ₹17 cr |
| Tax | ₹5 cr |
| Net profit | ₹12 cr |
| EPS (₹) | ₹3.22 |
What to watch
- Whether operating margin moves above or below 5.84%.
- Whether revenue remains around the Rs 428.08 cr level while operating profit conversion changes from Rs 25.02 cr.
- Whether the tax rate stays close to 29.27% and other income remains limited relative to profit before tax of Rs 17.15 cr.