KRBL Limited (KRBL) Q1 25/26 earnings summary

Executive summary

• Q1 FY26 consolidated revenue from operations was ₹1,58,435 lakh and PAT was ₹15,058 lakh, versus ₹1,19,918 lakh and ₹8,656 lakh in Q1 FY25.

• Exports rose 98% to ₹489 crore; FY26 revenue guidance is above ₹6,000 crore.

Financial highlights

• Consolidated total income was ₹1,61,674 lakh, PBT ₹20,155 lakh and PAT ₹15,058 lakh in Q1 FY26; total income rose 32% YoY.

• EBITDA was ₹225 crore; PAT increased from ₹87 crore to ₹151 crore, with gross margin at 25.7% versus 23.2% and EBITDA margin at 13.9% versus 11.4%.

• Sequential revenue from operations rose 10% QoQ, with domestic sales up 6% and exports up 17%.

• Other income included ~₹10 crore incremental interest from higher treasury investments and a ₹16 crore investment sale or mark-to-market gain.

Outlook and guidance

• FY26 revenue expectation is above ₹6,000 crore; gross margin is expected to exceed 25%.

• Average inventory cost is expected to decline over the next two quarters, supporting further cost benefit.

• Uplife oil revenue targets: ₹40 crore in FY26 and ~₹150 crore in FY27; portfolio target of ₹300 crore over 3–5 years, with EBITDA positivity planned by year three.

• Saudi orders are expected to improve in August and September; direct-office operations will initially supply wholesalers while retail distribution is developed.