Viyash margin trails healthcare peer median in Q1FY27
The consolidated quarter generated Rs 79.29 cr of net profit, while operating margin stood below the sector median across 61 reported peers.
Filed 11 Aug 2026, 13:05 IST · Viyash Scientific Ltd (VIYASH)
Key takeaways
- Viyash reported consolidated net profit of Rs 79.29 cr in Q1FY27, with EPS of Rs 1.51.
- Operating margin was 18.85%, 3.82 percentage points below the 22.67% median for 61 reported healthcare peers.
- Other income of Rs 8.31 cr was not the main source of the Rs 112.41 cr pre-tax profit.
Price around the results
Q1FY27 profit conversion
Viyash converted Rs 178.38 cr of operating profit into Rs 112.41 cr of profit before tax after interest of Rs 12.51 cr and depreciation of Rs 61.77 cr. Tax of Rs 33.12 cr resulted in consolidated net profit of Rs 79.29 cr and EPS of Rs 1.51.
Operating margin remains below healthcare peers
The 18.85% operating margin was 3.82 percentage points below the 22.67% median for 61 healthcare companies that had reported the same quarter. Viyash ranked 16th from the bottom on this measure, making operating profitability the clearest relative weakness in the quarter.
Other income did not drive the quarter
Other income contributed Rs 8.31 cr, but the company still generated Rs 112.41 cr of pre-tax profit, so reported earnings were primarily supported by operations. With no sequential, year-on-year or multi-quarter comparison provided, the quarter does not establish a direction for margins or profit growth.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹946 cr |
| Other income | ₹8 cr |
| Expenses | ₹768 cr |
| Operating profit | ₹178 cr |
| Operating margin (%) | 18.85% |
| Interest | ₹13 cr |
| Depreciation | ₹62 cr |
| Profit before tax | ₹112 cr |
| Tax | ₹33 cr |
| Net profit | ₹79 cr |
| EPS (₹) | ₹1.51 |
Operating margin of 18.85% compares with a Healthcare sector median of 22.67% across 61 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves from 18.85% in the next reported quarter.
- Whether operating profit remains above Rs 178.38 cr.
- Whether other income stays below Rs 8.31 cr while net profit remains supported by operations.