Monolithisch India Limited – Record Quarterly Performance (Q1 FY27)
Monolithisch India Limited (NSE: MONOLITH), a leading manufacturer of premium silica ramming mass for the secondary steel industry, announced its financial results for the quarter ended 30 June 2026, the first quarter of FY27. The company posted revenue of Rs 47.18 crore, representing a 64% increase year‑on‑year and a 16% rise quarter‑on‑quarter. EBITDA climbed to Rs 13.11 crore, a 99% YoY increase, while profit after tax (PAT) surged to Rs 10.07 crore, up 135% YoY. Earnings per share (EPS) were Rs 4.63, reflecting a 75% YoY uplift.
During the quarter the firm processed approximately 52,000 metric tonnes of silica ramming mass, operating at roughly 70% capacity utilization. A principal driver of the strong results was the continued adoption of the SGB Limited product series, which accounted for nearly 50% of Q1 FY27 revenue and sales volumes. The premium SGB range offers a 15‑20% longer operational lifespan compared with conventional products, enhancing the company’s value proposition through superior performance and price‑to‑quality economics, thereby gaining market share in the secondary steel sector.
Greenfield Expansion
Monolithisch India highlighted progress on its greenfield manufacturing project. The dry run of the new plant is scheduled for 14 September 2026, followed by ritual ceremonies on 16 September 2026 and technical trials from 17 September to 30 September 2026. The new facility is expected to reinforce the company’s manufacturing platform and support the next growth phase. The firm also indicated that, as it secures additional land at the greenfield campus, it will lay the groundwork for a high‑value silica‑based industrial park, creating a single‑campus solution for specialty silica products and related offerings, thereby broadening its addressable market and long‑term value creation potential.
Management Commentary and Outlook
Managing Director Harsh Tekriwal stated that the company entered FY27 on a strong note, driven by sustained customer demand, disciplined execution, and growing acceptance of its premium portfolio. He emphasized that the upcoming greenfield facility and the proposed industrial park are key pillars of Monolithisch’s long‑term growth roadmap. For the subsequent quarter (Q2 FY27), the company guided revenue in the range of Rs 55 crore to Rs 60 crore, signalling confidence in continued momentum and demand visibility.
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