Exxaro Tiles Q1 revenue rises, profit stays below ₹1 cr
Revenue climbed to ₹73.79 cr from ₹63.16 cr a year ago, but net profit of ₹0.94 cr remains negligible. Routine quarter with no new guidance.
— 1 earlier story on Exxaro Tiles Ltd. →What's new
- Revenue grew to ₹73.79 cr from ₹63.16 cr a year earlier; net profit of ₹0.94 cr vs ₹0.49 cr.
- Board scheduled the 19th AGM for 26 Sep via video, with cut-off date 19 Sep.
- Company reiterated commitment to invest in a UAE-registered subsidiary, already known.
Why this matters
The results offer no surprises and little new information. Revenue is up, but profits remain below ₹1 cr on a standalone basis, leaving the stock's trailing P/E above 100 unsupported by current earnings. With no guidance or strategic shift, this quarter changes nothing for the investment case.
What we're watching
- Whether revenue growth accelerates in coming quarters.
- Any update on the UAE subsidiary's timing or scale.
- Further stake changes after a key investor sold 3.38% in June.
The full read
Exxaro Tiles' Q1 FY27 numbers confirm a familiar story: revenue ticking up, profits not. Sales reached ₹73.79 crore, up from ₹63.16 crore a year ago. Net profit stood at ₹0.94 crore, barely above the ₹0.49 crore reported last year. Hardly a profit. The board also scheduled the AGM and repeated plans for a UAE subsidiary, but offered no new details. At a market cap of ₹306 crore and a trailing P/E above 100, the valuation relies on a profit breakout that hasn't materialised. This quarter brings neither bad news nor good. The next test is whether the company can convert revenue growth into meaningful earnings. Not yet.
Questions answered
- How does Q1 FY27 revenue compare with the previous quarter?
- The Mar 2026 quarter had revenue of ₹100 cr, so Q1 is lower sequentially. The filing does not explain the seasonal pattern.
- Why is net profit so low despite ₹73 cr revenue?
- The company's costs remain high relative to revenue. Net profit of ₹0.94 cr is less than 1.3% of revenue, reflecting thin margins.
- Is there any new detail on the UAE subsidiary?
- No. The company only reaffirmed its existing commitment. No financials, timeline, or capital outlay were disclosed.
- What was the impact of the June stake sale by a key investor?
- The filing does not address the stake sale. That event is separate and occurred before this results announcement.
Exxaro Tiles Ltd.
Latest quarter · Jun 2026
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All notes on EXXARO →- 25 Jul 2026 · 1:28 PM IST Exxaro Tiles Q1 revenue rises, profit stays below ₹1 cr
- 33d ago Exxaro Tiles sees key investor offload 3.38% stake after accumulation