RattanIndia Enterprises (534597) Q1 26/27 earnings summary

Executive summary

• Consolidated revenue for Q1 FY27 was ₹18,704.76 million, up from ₹16,966.27 million in Q4 FY26 and ₹6,101.42 million in Q1 FY26, with EBITDA of ₹50 Cr, reflecting strong growth across e-commerce, electric vehicles, and drone technology segments.

• Profit before tax for Q1 FY27 was ₹280.99 million, compared to a loss of ₹1,226.30 million in Q4 FY26 and a profit of ₹5,919.19 million in Q1 FY26.

• Net profit attributable to equity holders was ₹150.06 million for Q1 FY27, versus a loss of ₹1,074.89 million in Q4 FY26 and a profit of ₹5,025.03 million in Q1 FY26.

• Ranked 327th in ET 500 and 360th in Fortune 500 for 2025, highlighting rapid business scale-up.

• Expanded e-commerce operations to the Middle East via partnership with Noon, and maintained leadership in India's EV motorcycle market with Revolt.

Financial highlights

• Q1 FY27 consolidated total income: ₹18,712.87 million; EBITDA: ₹50 Cr.

• Cocoblu Retail Q1 FY27 income: ₹1,810 Cr, up from ₹1,669 Cr in Q1 FY26.

• Power segment Q1 FY27 total income: ₹867 Cr; profit after tax: ₹46 Cr.

• Total expenses for Q1 FY27 were ₹18,523.59 million, compared to ₹17,248.07 million in Q4 FY26.

• Basic and diluted EPS for Q1 FY27 were ₹0.11, compared to ₹(0.80) in Q4 FY26 and ₹3.64 in Q1 FY26.

Outlook and guidance

• EV segment poised for exponential growth, supported by favorable state and national policies.

• E-commerce expansion into GCC markets planned for 2026, leveraging India-UAE free trade framework.

• NeoSky expects further growth from government contracts and new product launches in defence and commercial drone markets.

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

• The group is monitoring regulatory changes in environmental and battery waste management, with financial implications to be evaluated as frameworks are established.