Board Meeting Details
The Board of Directors meeting was held on August 07, 2026, from 04:00 pm to 06:00 pm. The Board transacted the following:
- Approved the Un-audited Financial Results (Standalone & Consolidated) for the First Quarter ended June 30, 2026
- Took on record the Limited Review Reports dated August 07, 2026 issued by statutory auditors M/s. P A R K & Co.
Standalone Financial Performance (₹ in crores except EPS)
Q1 FY27 (June 30, 2026) vs Comparative Periods:
- Total Income: ₹115.65 crore (Q1 FY26: ₹109.67 crore; Q4 FY26: ₹134.00 crore)
- Profit Before Tax: ₹33.48 crore (Q1 FY26: ₹39.78 crore; Q4 FY26: ₹55.80 crore)
- Profit for the Period: ₹24.78 crore (Q1 FY26: ₹29.80 crore; Q4 FY26: ₹41.11 crore)
- Basic EPS: ₹2.59 (Q1 FY26: ₹3.12; Q4 FY26: ₹4.30)
Consolidated Financial Performance (₹ in crores except EPS)
Q1 FY27 (June 30, 2026) vs Q1 FY26:
- Income from Operations: ₹1,616.12 crore (19.2% increase from ₹1,355.57 crore in Q1 FY26)
- Other Income: ₹7.60 crore (from ₹5.95 crore in Q1 FY26)
- Total Income: ₹1,623.72 crore (from ₹1,361.52 crore in Q1 FY26)
- Profit Before Tax: ₹130.03 crore (1.4% decrease from ₹131.84 crore in Q1 FY26)
- Profit for the Period: ₹108.31 crore (from ₹113.90 crore in Q1 FY26)
- Basic EPS: ₹12.07 (from ₹11.50 in Q1 FY26)
Business Vertical Performance (Q1 FY27)
The company operates through four distinct business verticals:
a) Bauxite and Iron Ore (Guinea Business)
- Turnover: ₹1,359.7 crore
- EBITDA: ₹163.0 crore
- PBT: ₹108.3 crore
b) Bentonite & Allied Minerals, White Performance Materials (100% India Business)
- Turnover: ₹256.4 crore
- EBITDA: ₹25.9 crore
- PBT: ₹15.0 crore
c) Specialty Adsorbent Solutions (50% JV - Ashapura Perfoclay Limited)
- Turnover: ₹105.8 crore
- EBITDA: ₹14.4 crore
- PBT: ₹10.8 crore
d) Advanced Ceramic Materials (32.07% Associate - Orient Ceratech Limited)
- Turnover: ₹98.5 crore
- EBITDA: ₹10.6 crore
- PBT: ₹5.5 crore
Operational Highlights
- Bauxite export business from Guinea achieved better volumes quarter-on-quarter despite geopolitical unrest
- Boffa Port in Guinea is fully operational with increased handling capacity of 8 million MT per annum (from 5 million MT)
- Bauxite Washing plant operational with capacity of 20,000 MT production per day
- India businesses performed well across all verticals
- Geopolitical tensions drove up fuel, marine logistics, and input expenses during the quarter
- Management anticipates return to normalized margin levels in upcoming quarters
Subsidiary and Associate Details
The consolidated results include:
- 21 subsidiaries reviewed by their respective auditors with total revenues of ₹2,313.17 crore and net profit of ₹76.44 crore for Q1 FY27
- 3 associate companies reviewed by their respective auditors with Group's share of profit of ₹2.76 crore
- 3 subsidiaries not reviewed by auditors (not material to Group) with net loss of ₹0.03 crore
- 3 joint ventures and 2 associate companies not reviewed by auditors (not material to Group) with Group's share of profit of ₹0.11 crore