RattanIndia Enterprises (534597) Q1 25/26 earnings summary

Executive summary

• Q1 FY26 total income was ₹23,167.26 million, with net profit of ₹5,023.20 million, reversing a prior loss, driven by strong e-commerce performance and a large unrealized investment gain.

• Revenue rose 16% year-over-year to ₹16,673.28 million in the retail e-commerce segment.

• Moved up 25 spots to 363rd in Fortune India's 500 largest companies list for 2024.

• The Board approved the grant of 5.1 million stock options under the ESOP 2022 plan to eligible employees.

• Expanded e-commerce, electric vehicles, and drone businesses, with strong operational and financial performance across segments.

Financial highlights

• Q1 FY26 revenue reached ₹16,673.28 million, up from ₹10,182.03 million in Q1 FY25, a 16% increase.

• Net gain on fair value changes contributed ₹6,101.42 million to revenue, compared to a loss of ₹10,182.03 million in Q1 FY25.

• Q1 FY26 PAT stood at ₹5,023.20 million, reversing a net loss of ₹3,585.07 million in Q1 FY25.

• Cocoblu Retail achieved revenues of ₹6,528 Cr in FY25, up 19% year-over-year, and has been EBITDA positive since inception.

• Amravati power plant reported EBITDA of ₹196 Cr in Q1 FY26.

Outlook and guidance

• Plans to continue rapid growth in e-commerce and expand the dealer network for electric vehicles, targeting further global expansion.

• NeoSky aims to scale drone manufacturing, training, and services, capitalizing on rising demand in defense and non-defense sectors.

• Management remains committed to growth in technology-focused businesses, including e-commerce, EVs, fintech, and drones.