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Earnings · Semiconductors · Small cap

Moschip posts 25% revenue growth but profit lags at 5.5%

Full-year results show the chip-design firm's top line expanding at nearly five times the pace of its bottom line.

3 earlier stories on Moschip Technologies Ltd.
Mkt cap₹3,976 cr
P/E112.94×
ROE10.20%
Debt / eq.0.00
25% / 5.5% Year-on-year growth rates for total income and net profit in FY26.

What's new

  • Moschip reported FY26 consolidated total income of ₹59,062.84 lakhs, up ~25% year-on-year.
  • Net profit for the year was ₹3,520.43 lakhs, up ~5.5% year-on-year.
  • Audit reports attached to the results are unmodified.

Why this matters

The numbers reveal a widening gap between revenue and profit growth, suggesting costs are eating into gains from higher sales. This is a routine filing, but the margin compression is a trend worth monitoring.

What we're watching

  • Whether profit growth accelerates to match revenue in coming quarters.
  • Any management commentary on cost drivers behind the margin gap.
  • The company's next quarterly earnings release.

The full read

Moschip closed FY26 with consolidated total income of ₹59,062.84 lakhs, up roughly 25% year-on-year. Net profit was ₹3,520.43 lakhs, a 5.5% increase. The gap is stark. The top line expanded at nearly five times the rate of the bottom line, meaning the company's cost base is growing faster than its business. Auditors signed off with an unmodified opinion. The filing is a standard annual disclosure. But the profit-to-revenue trajectory is the real story here. A 25% revenue rise delivering only 5.5% profit growth signals margin pressure that will need to reverse for the stock to re-rate.

Questions answered

What were Moschip's headline results for FY26?
The company reported consolidated total income of ₹59,062.84 lakhs for FY26, up roughly 25% year-on-year. Net profit was ₹3,520.43 lakhs, up about 5.5%.
How does profit growth compare to revenue growth?
Revenue grew at approximately 25%, but net profit grew at only about 5.5%, suggesting costs rose faster than sales over the period.
Were there any qualifications in the audit?
No. The audit reports attached to the financial results are unmodified, meaning the auditors found no issues with the statements.
Is this filing unusual for Moschip?
No. The analyst rationale describes it as a routine regulatory disclosure of numbers that were likely anticipated by the market, with no unexpected surprises.
Mentioned: Moschip Technologies · ₹59,062.84 lakhs total income · ₹3,520.43 lakhs net profit
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Moschip Technologies Ltd.

Semiconductors
₹3,903 cr
P/E 110.87×

Latest quarter · Mar 2026

Sales₹153 cr
Net profit₹8 cr
Op. margin+7.3%
EPS₹0.41

Strength & growth

Debt / equity0.00×
Current ratio2.38×
Sales CAGR+60.9%
EPS CAGR+39.2%
  1. 20 May 2026 · 10:10 PM IST Moschip posts 25% revenue growth but profit lags at 5.5%
  2. 46d ago Moschip's revenue rises 25% in FY26 but margins tighten
  3. 47d ago Moschip Q4 revenue up 25.5%, profit rises 5.5%
  4. 47d ago Moschip's FY26 revenue jumps 25% to ₹59,062.84 lakhs, profit up 5.5%