Operational Performance Highlights

  • FY26 experienced lower sale realizations from OEMs due to prohibitive tariffs in USA and bleak demand in EU markets
  • Market share increased in Branded and Local market segments through participation in domestic and international trade fairs
  • Protec work wear unit at Sanand, Gujarat commenced commercial production with total capex of ₹1,050 Mn
  • Started manufacturing of PU Coated Gloves and PVC Gumboots as import substitutes for domestic and overseas markets
  • New industrial safety shoes unit at Chandipur, West Bengal became fully operational with capex of ₹250 Mn
  • Established marketing arm in UAE to address Middle East and Africa markets
  • Received CLE National Export Excellence Award 2024-25 (2nd Place) for export performance in Industrial Leather Gloves category

Quarterly Consolidated Financial Performance (Q4-FY26)

  • Operational Income: ₹1,467 Mn (up 6.6% YoY, up 11.8% QoQ)
  • Total Expenses: ₹1,330 Mn (up 8.8% YoY, up 18.9% QoQ)
  • EBITDA: ₹137 Mn (down 11.0% YoY, down 29.0% QoQ)
  • EBITDA Margins: 9.34% (down 185 bps YoY, down 537 bps QoQ)
  • Depreciation: ₹37 Mn (up 37.0% YoY, up 12.1% QoQ)
  • Finance Cost: ₹20 Mn (down 16.7% YoY, down 4.8% QoQ)
  • Other Income: ₹3 Mn (down 98.8% YoY from ₹256 Mn which included capital gain)
  • PBT: ₹83 Mn (down 76.9% YoY, down 39.9% QoQ)
  • Tax: ₹20 Mn (down 67.2% YoY, down 44.4% QoQ)
  • Profit After Tax: ₹63 Mn (down 78.9% YoY, down 38.2% QoQ)
  • PAT Margins: 4.29% (down 1,737 bps YoY, down 348 bps QoQ)
  • Other Comprehensive Income: -₹17 Mn
  • Total Comprehensive Income: ₹46 Mn (down 84.5% YoY, down 52.6% QoQ)
  • Diluted EPS: ₹10.10 (down 78.8% YoY, down 38.0% QoQ)

Annual Consolidated Financial Performance (FY26)

  • Operational Income: ₹5,396 Mn (up 10.8% YoY)
  • Total Expenses: ₹4,791 Mn (up 12.5% YoY)
  • EBITDA: ₹605 Mn (down 0.7% YoY)
  • EBITDA Margins: 11.21% (down 130 bps YoY from 12.51%)
  • Depreciation: ₹124 Mn (up 29.2% YoY)
  • Finance Cost: ₹82 Mn (up 34.4% YoY)
  • Other Income: ₹7 Mn (down 97.6% YoY from ₹289 Mn which included capital gain)
  • PBT before Exceptional Items: ₹406 Mn (down 45.2% YoY)
  • Exceptional Items: None
  • PBT: ₹406 Mn (down 45.2% YoY)
  • Tax: ₹106 Mn (down 36.5% YoY)
  • Profit After Tax: ₹300 Mn (down 47.7% YoY)
  • PAT Margins: 5.56% (down 623 bps YoY from 11.79%)
  • Other Comprehensive Income: -₹29 Mn
  • Total Comprehensive Income: ₹271 Mn (down 53.3% YoY)
  • Diluted EPS: ₹48.15 (down 47.7% YoY from ₹92.04)

Historical Financial Performance Context

  • FY23: EBITDA ₹586 Mn (14.27% margin), PAT ₹369 Mn (8.99% margin)
  • FY24: EBITDA ₹577 Mn (13.72% margin), PAT ₹363 Mn (8.63% margin)
  • FY25: EBITDA ₹609 Mn (12.51% margin), PAT ₹574 Mn (11.79% margin) including ₹254 Mn capital gain
  • FY26: EBITDA ₹605 Mn (11.21% margin), PAT ₹300 Mn (5.56% margin)

Balance Sheet Position (FY26)

  • Total Assets: ₹5,125 Mn
  • Non-Current Assets: ₹2,295 Mn (Property, Plant and Equipment: ₹2,243 Mn, Intangible Assets: ₹1 Mn, Financial Assets: ₹15 Mn, Non-Current Tax Assets: ₹36 Mn)
  • Current Assets: ₹2,830 Mn (Inventories: ₹1,384 Mn, Investments: ₹60 Mn, Trade Receivable: ₹862 Mn, Cash and Cash Equivalents: ₹38 Mn, Other Bank Balances: ₹2 Mn, Other Financial Assets: ₹2 Mn, Other Current Assets: ₹482 Mn)
  • Equity: ₹3,184 Mn (Equity Share Capital: ₹62 Mn, Other Equity: ₹3,122 Mn)
  • Non-Current Liabilities: ₹107 Mn (Long Term Borrowings: ₹62 Mn, Provisions: ₹5 Mn, Deferred Tax Liabilities: ₹40 Mn)
  • Current Liabilities: ₹1,834 Mn (Short-Term Borrowings: ₹1,141 Mn, Trade Payables: ₹441 Mn, Other Financial Liabilities: ₹42 Mn, Other Current Liabilities: ₹206 Mn, Provisions: ₹4 Mn)

Market Data (As on March 31, 2026)

  • Face Value: ₹10 per share
  • Market Price: ₹940.0
  • 52 Week High/Low: ₹1,529.5/₹926.0
  • Market Capitalization: ₹5,865.6 Mn
  • Equity Shares Outstanding: 6.24 Mn
  • 1 Year Average Trading Volume: Not quantified in disclosure

Additional Information

The presentation is available on the company's website at www.mallcom.in. Investor relations are managed by Valorem Advisors, an independent investor relations management service company.