GMM Pfaudler Limited (NSE: GMMPFAUDLR, BSE: 505255) shares closed lower on Friday after the company reported a consolidated net loss for the December quarter. The stock ended the session at around ₹994.0, down about 1.0% from the previous close, reflecting selling pressure following earnings disclosure. Recent intraday volatility saw the share trade between approximately ₹986 and ₹1,010.
Market Capitalization
At the latest close, GMM Pfaudler’s market capitalization stood at approximately ₹4,470 crore on Indian exchanges.
Latest Quarterly Results – Q3 FY26
For the third quarter ended December 31, 2025, GMM Pfaudler reported consolidated revenue from operations of ₹883.50 crore, a 10.2% increase from ₹801.50 crore in the corresponding period last year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached ₹105 crore representing a 1% year-over-year rise.
Consolidated net profit after tax (PAT) was ₹32 crore versus ₹41.48 crore in the prior-year quarter. Net earnings were impacted by one-time provisions totaling ₹56.3 crore gross. These included ₹12.7 crore for new labor code implementations in India and ₹43.6 crore for workforce reduction at the company’s German subsidiary, Pfaudler GmbH.
Nine-Month Results FY26 (Apr–Dec 2025)
For the nine-month period ending December 31, 2025, consolidated revenue reached ₹2,580 crore, up 8% year-over-year. EBITDA for the same period rose 14% to ₹327 crore with an EBITDA margin of 12.7%. Net profit for the nine-month period stood at ₹81 crore. Financial disclosures indicate a trend of top-line expansion and operating margin stability alongside a contraction in reported net profit due to non-recurring charges.
Business Highlights
• Diversification and acquisitions: In FY26, GMM Pfaudler completed the acquisition of SEMCO Tecnologia em Processos Ltda through its subsidiary aimed at broadening its mixing technologies platform and access to the Brazilian mining sector.
• Order intake and backlog: In earlier quarters of FY26, the company reported increased order intake and order backlog compared with the prior year with Q1 order intake above ₹1,000 crore and backlog near ₹1,906 crore.
• Shareholder summary: Promoter holding remained stable through recent quarters with foreign institutional and mutual fund participation varying. Recent shareholding patterns showed promoter stake around 25.18% with no pledging.
Equity Analyst Commentary
Institutional research notes highlighted the swing to loss in Q3 as a key focus for analysts following the earnings release. Analysts observed revenue growth in the quarter alongside margin compression and elevated interest costs compared to operating profits, contributing to the quarterly net loss. Promoter stake stability and cash reserves were noted, while institutional investment patterns showed some shifts quarter-on-quarter.
Performance Summary
GMM Pfaudler shares declined after reporting a loss for Q3 FY26. Revenue in Q3 rose year-on-year to ₹883.50 crore. Net profit moved to a loss of ₹7.99 crore from a profit in the year-ago period. Earlier quarters in FY26 delivered positive net results. Business diversification continued with the SEMCO acquisition and elevated order backlog. Institutional research flagged quarterly profitability swing and capital costs. The stock’s market capitalization near ₹4,470 crore reflects investor response to these developments.