Prism Johnson (500338) Q1 26/27 earnings summary

Executive summary

• Achieved one of the strongest quarterly performances, with consolidated EBITDA up 26.6% YoY to ₹221 crore in Q1 FY27, driven by robust execution in H&R Johnson and Prism RMC, and resilience in Prism Cement despite a softer market.

• Disciplined cost management and operational efficiencies offset external headwinds such as elevated fuel costs and raw material inflation.

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

• Completed divestment of Raheja QBE General Insurance, sharpening focus on core building materials and accelerating deleveraging.

• The quarter saw a significant gain from the sale of property and the transfer of a major insurance subsidiary post-quarter end.

Financial highlights

• Consolidated revenue grew 2.7% YoY to ₹1,844 crore in Q1 FY27; EBITDA margin expanded to 12.0% from 9.7% YoY.

• Net profit surged to ₹94 crore from ₹2 crore YoY, with net profit margin improving to 5.1%.

• Standalone revenue from operations was ₹1,793.80 crore, with total income at ₹1,840.62 crore for the quarter.

• Consolidated net profit after tax and non-controlling interest at ₹104.23 crore.

• One-time gains included a ₹33 crore land sale and ₹12.3 crore interest income on tax refund.

Outlook and guidance

• Well-positioned for sustainable long-term growth with a healthier capital structure and strong growth levers.

• Cement division expects to improve full-year profitability through higher volumes, premiumisation, and disciplined cost management.

• HRJ anticipates moderation in pricing benefits as industry supply normalises but expects sustainable growth and improved profitability.

• The company completed the sale of its stake in Raheja QBE General Insurance for ₹325.87 crore on July 1, 2026, which will impact future results.

• Increased stake in Samini Ceramics to 98.5% post-quarter, indicating continued investment in core businesses.