Incorporated in 1991, Vesuvius India Ltd manufactures and trades refractory goods. Presenting below are its Q1 FY26 earnings results.
Q1 FY26 Earnings Results
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Total Revenue: ₹524.30 crores, up 13.4% YoY (Q1 FY25: ₹462.42 crores) and up 8.7% QoQ (Q4 FY25: ₹482 crores).
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Operating Income (EBITDA): ₹91 crores, up 10% QoQ and flat YoY; operating margin at 17.4% (Q1 FY25: 19.8%).
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Profit After Tax (PAT): ₹63 crores, up 6.2% QoQ (Q4 FY25: ₹59 crores) but down 5.97% YoY (Q1 FY25: ₹67 crores).
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EPS: ₹3.10, up 6.2% QoQ and down 6.6% YoY (prior year included large exceptional profits).
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Depreciation: ₹15 crores.
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Tax Expense: ₹22 crores approx.
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Key Drivers: Revenue growth driven by higher volumes and price increases; margin compression due to cost inflation and product mix changes.
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Industry Position: Leader in refractory products serving steel and foundry sectors with focus on innovation and operational efficiency.
Management Commentary & Strategic Highlights
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Management highlighted steady revenue growth amidst inflationary pressures and volatile raw material costs.
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Focus on cost controls, productivity improvements, and innovation to maintain competitive positioning.
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Continued investment in product development and capacity expansion targeted at high-growth sectors.
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Operating income reflects margin pressure but a resilient profit base underpinned by strong volume and pricing.
Q4 FY25 Earnings Results
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Total Revenue: ₹482 crores.
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PAT: ₹59 crores.
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EPS: ₹2.92.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.