Ganesha Ecosphere (514167) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 delivered strong operational and financial results, with consolidated revenue at ₹423.7 Cr, up 25.7% year-over-year, and improved margins despite global volatility and softer sales volumes.

• Consolidated PAT grew 25% QoQ to ₹29.03 Cr, and EBITDA margin improved to 14.1% from 12.4% in Q4FY26.

• Production volumes increased 3.8% quarter-on-quarter, though sales volumes dropped 11.2% due to normalization of prior elevated demand and softer textile sector demand.

• Expansion projects, including a new 22,500-ton rPET line at Warangal, are underway, with FSSAI approval pending for domestic food-grade sales.

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, were approved by the Board on August 3, 2026.

Financial highlights

• Consolidated revenue: ₹423.7 Cr (Q1FY27), up from ₹337.1 Cr YoY; consolidated PAT: ₹29.03 Cr, up from ₹23.21 Cr QoQ and ₹10.75 Cr YoY.

• EBITDA: ₹59.8 Cr, margin 14.1% (up 176 bps QoQ, up 330 bps YoY); standalone revenue: ₹262.3 Cr, PAT: ₹13.8 Cr, EBITDA margin: 9.1%.

• Standalone revenue from operations for Q1 FY27 was ₹26,230.11 lakh, up from ₹22,147.16 lakh in Q1 FY26.

• Standalone net profit for Q1 FY27 was ₹1,374.95 lakh, compared to ₹766.29 lakh in Q1 FY26.

• Basic EPS (consolidated): ₹8.68 (Q1FY27) vs ₹4.23 (Q1FY26).

Outlook and guidance

• Management maintains FY 2027 EBITDA guidance of INR 225–250 crore, with INR 70–80 crore from legacy business and the rest from subsidiaries.

• Targeting value-added products to contribute ~65% of revenue (vs 40% currently), with plans to increase rPET granules capacity and expand market share in technical and household textiles.

• Working with 40+ brands for rPET product approvals to meet sustainability goals.

• 20%+ revenue growth is expected to be volume-driven, with price realization too volatile to forecast.

• Capacity utilization at Warangal is targeted to reach 85% by year-end, with further brownfield expansions planned.