Elantas Beck Q1 FY27 Results (NSE: ELANTAS)
Signal: Margin expansion
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹5.06 Cr | 21.5% | 127.6% |
| EBIT | ₹1.36 Cr | 39.3% | |
| Net profit | ₹1.02 Cr | 41.3% | |
| EPS | ₹128.6 | 41.3% | |
| EBIT margin | 26.8% |
P&L walk
Revenue surged 127.6% QoQ (seasonal Q1 effect), but YoY growth of 21.5% is decelerating from ~35% in prior year; EBITDA grew 37.5% YoY, with margin expanding 340bps to 29.1% — driven by operating leverage (employee costs + D&A + finance costs grew ~7% combined vs 21.5% revenue growth) and 450bps YoY drop in raw material % of revenue. EBIT growth matched EBITDA; other income was flat, so PAT grew 41.3% YoY entirely on operating improvement. EPS tracks PAT exactly — no dilution.
Segments
Electrical Insulations (71% of revenue) grew 30.2% YoY with result up 110.6%; Engineering & Electronic Resins grew 56.5% YoY with result up 79.7% — both segments contributed to the margin expansion, but electrical insulation was the larger absolute driver.
Research and educational content only. Not investment advice.