Jay Shree Tea Q1 FY26 Results (NSE: JAYSREETEA)
Signal: Loss widened
The read
The quarter marks a sharp operating deterioration: consolidated revenue fell 6.8% YoY to ₹17,700 lakh and PAT worsened to a ₹3,283 lakh loss from ₹898 lakh, driven primarily by the sugar segment's ₹4,654 lakh loss; seasonality limits annual extrapolation, but the magnitude of the sugar loss is the key trajectory risk.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹177 Cr | -6.75% | -14.15% |
| Net profit | ₹-32.83 Cr | -265.59% | |
| EPS | ₹-11.83 | -280.39% |
P&L walk
Consolidated revenue declined to ₹17,700 lakh, down 6.8% YoY and 14.2% sequentially, while PAT deteriorated to a ₹3,283 lakh loss from a ₹898 lakh loss; the principal disclosed drag was the sugar segment's ₹4,654 lakh loss.
Segments
Sugar is the dominant drag: its ₹8,208 lakh revenue contributed a ₹4,654 lakh segment loss, while tea lost ₹41 lakh and fertilisers lost ₹310 lakh.
Key positives
- Tea remained close to breakeven at a ₹41 lakh segment loss despite consolidated revenue declining 6.8% YoY to ₹17,700 lakh.
- The group retains diversification across tea revenue of ₹6,654 lakh, fertiliser revenue of ₹2,905 lakh and sugar revenue of ₹8,208 lakh.
Key concerns
- Sugar generated a ₹4,654 lakh segment loss on ₹8,208 lakh of revenue, making it the principal cause of the consolidated ₹3,283 lakh loss.
- Consolidated revenue fell 6.8% YoY and 14.2% sequentially, while EPS deteriorated from ₹-3.11 to ₹-11.83.
- Standalone loss widened to ₹3,416 lakh from ₹943 lakh, showing that the weakness is also present at the parent operating level.
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