The document contains the transcript of an earnings conference call held on August 11, 2026, at 2:30 P.M. to discuss the unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27).
Management participants included Mr. Shobhan Mittal (Managing Director) and Mr. Himanshu Jindal (CFO), with moderation by Mr. Gavin Desa from CDR India.
The company stated that some statements made during the call may be forward-looking and involve risks and uncertainties, with a detailed statement available in the result presentation.
Key financial highlights discussed: Consolidated revenue grew to INR 350 crore (8.5% YoY growth), consolidated operating EBITDA was INR 33.5 crore (9.6% of revenues), MDF operating EBITDA margin expanded to 10.3% versus 4.4% in Q1 last year, PAT was INR 1.2 crore.
Balance sheet updates: Gross debt reduced to INR 317 crore from INR 353 crore at beginning of quarter, working capital requirements increased by 4 days primarily due to inventory, credit rating from ICRA reaffirmed as A+.
The company indicated that no unpublished price sensitive information (UPSI) would be shared during the call.
Additional Notes Section
The document includes the full transcript of the question-and-answer session with analysts from various firms including Trinetra Asset Managers, PL Capital, Green Edge Wealth, NAFA Asset Managers, Harshad H Gandhi Securities, ICICI Securities, and Anand Rathi.
The transcript was filed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The document was digitally signed by Lawkush Prasad, Company Secretary & VP - Legal (ACS: 18675) on August 15, 2026.
No financial attachments or presentation decks were included with this filing - only the conference call transcript.
