Xpro India Limited Q1 FY27 Financial Results Summary

Key Financial Figures (Standalone, Rs. Crore)

Quarterly Performance (Q1 FY27 vs Q1 FY26):

  • Revenue from Operations: ₹174.4 Cr (vs ₹144.9 Cr) - increased 20.4% YoY
  • EBITDA: ₹15.3 Cr (vs ₹14.3 Cr) - increased 7.0% YoY
  • EBITDA Margins: 8.8% (vs 9.9%)
  • Profit Before Tax (PBT): ₹13.7 Cr (vs ₹6.0 Cr) - increased 128.3% YoY
  • Profit After Tax (PAT): ₹9.8 Cr (vs ₹4.3 Cr) - increased 127.9% YoY
  • PAT Margins: 5.6% (vs 3.0%)

Sequential Performance (Q1 FY27 vs Q4 FY26):

  • Revenue: ₹174.4 Cr (vs ₹134.4 Cr) - increased 29.8% QoQ
  • EBITDA: ₹15.3 Cr (vs ₹14.3 Cr) - increased 7.0% QoQ
  • PBT: ₹13.7 Cr (vs ₹16.0 Cr) - decreased 14.4% QoQ
  • PAT: ₹9.8 Cr (vs ₹11.6 Cr) - decreased 15.5% QoQ

Annual Comparison (FY26 vs FY25):

  • Revenue: ₹505.5 Cr (vs ₹535.3 Cr) - decreased 5.6%
  • EBITDA: ₹49.2 Cr (vs ₹53.2 Cr) - decreased 7.6%
  • PAT: ₹30.5 Cr (vs ₹43.8 Cr) - decreased 30.3%

Operational Highlights

Market Conditions:

  • Operations reflect market and product-mix dynamics, seasonal cycles, and global geopolitical uncertainties
  • Conflict in West Asia resulted in higher polymer prices across the value chain
  • Average selling prices increased due to raw material passthrough and favorable product mix

Business Segment Performance:

  • Dielectric films business sustained strong market position with continued onboarding of new customers
  • Qualification for new applications supporting rampup of recently expanded capacity
  • Refrigerator segment: Achieved 9% sales volume growth against industry growth of 4%, reflecting market share gains
  • COEX Cast Films segment recorded lower volumes during the quarter due to prevailing market conditions
  • Organization costs built up ahead of capacity increases coming online

Expansion Projects

India Expansion (Barjora):

  • New dielectric film line commissioned on March 27, 2026
  • Doubled India nameplate capacity from 4,000 to 8,000 MT annually
  • Initial supplies to customers in India and international markets received encouraging feedback
  • Development of full range of products on new line in progress

UAE Project (Xpro Dielectric Films FZ-LLC):

  • Mechanical installation of key production equipment almost complete
  • Installation of ancillary equipment progressing
  • Ongoing conflict in Middle East disrupted shipping schedules, delaying arrival of utility equipment and raw material
  • Expected to result in minor delays while remaining within overall project timeline
  • Company continues to monitor developments closely as situation remains fluid

Company Profile

  • Diversified multi-divisional, multi-locational company with strong commitment to polymer processing industry
  • Established via corporate demerger in 1998 with over 37 years' experience in extrusion/coextrusion field
  • Family-led and professionally managed arm of Birla family industrial house
  • Philosophy centered on customer satisfaction and ethical excellence

Contacts

Company Secretary: Kamal Kishor Sewoda (kamal.sewoda@xproindia.com)

Investor Relations: MUFG Intime Pvt. Ltd. - Vidhi Vasa / Parth Patel