Urja Global’s 2.68% margin ranks fourth-lowest among 78 peers
The consolidated quarter produced Rs 0.47 cr of operating profit, with a zero tax rate supporting reported net profit of Rs 0.36 cr.
Filed 19 Sep 2026, 12:49 IST · after market close · Urja Global Ltd (URJA)
Key takeaways
- Consolidated operating profit was only Rs 0.47 cr on revenue of Rs 17.58 cr, leaving operating margin at 2.68%.
- Urja Global’s 2.68% operating margin was 12.54 percentage points below the 15.22% median for 78 Industrials peers.
- Net profit of Rs 0.36 cr benefited from a 0.0% tax rate, while other income contributed Rs 0.12 cr to profit before tax.
Price around the results
Q4FY26 ended with a thin operating surplus
Urja Global reported consolidated operating profit of Rs 0.47 cr on revenue of Rs 17.58 cr, leaving limited operating buffer at a 2.68% margin. Interest of Rs 0.12 cr and depreciation of Rs 0.11 cr reduced operating profit before other income lifted profit before tax to Rs 0.36 cr.
Zero tax rate supported reported profit
The reported tax rate was 0.0%, so profit before tax of Rs 0.36 cr flowed through as net profit of Rs 0.36 cr. Other income of Rs 0.12 cr was also a meaningful contributor to profit before tax, making earnings quality an important point to track.
Margin sits well below the Industrials peer median
Among 78 Industrials companies that have reported the same quarter, Urja Global’s 2.68% operating margin was 12.54 percentage points below the 15.22% sector median. The company ranked fourth from the bottom on this measure.
Results were filed after market close
The consolidated results were filed after market close on 19 September 2026. The filing provides no quarter-on-quarter or year-on-year comparison, so the main reference point is the company’s low margin relative to its sector peers.
Q4FY26 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q4FY26 |
|---|---|
| Revenue | ₹18 cr |
| Other income | ₹0 cr |
| Expenses | ₹17 cr |
| Operating profit | ₹0 cr |
| Operating margin (%) | 2.68% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹0 cr |
| Tax | ₹0 cr |
| Net profit | ₹0 cr |
| EPS (₹) | ₹0.00 |
Operating margin of 2.68% compares with a Industrials sector median of 15.22% across 78 peers that have reported Q4FY26.
What to watch
- Whether operating margin moves up from 2.68%.
- Whether the reported tax rate remains at 0.0%.
- Whether other income stays near Rs 0.12 cr as profit before tax changes.