Aksh Optifibre Limited Earnings Summary — Q1 FY2027
Aksh Optifibre Enters Corporate Insolvency Resolution Process Amid Severe Financial Distress
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 3 consecutive quarters.
- Revenue of ₹50 Cr is 85.4% higher year-on-year.
- Revenue has compounded at -0.4% annualised over the last 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹5 Cr is 172.9% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Operating margin stands at 20.7% in Q1 FY2027.
- Operating margin expanded by 2431 bps year-on-year.
- Over the last two years operating margin has expanded by 2162 bps.
- PBT margin is 13.1%.
- Expense growth of 41.9% remained below revenue growth of 85.4%.
- Operating profit of ₹10 Cr is 1152.0% higher year-on-year.
- Operating leverage continues to improve.
- 3 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 78/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Accelerating | 50 | 41 | 27 | 31 | 27 | 33 | 29 | 26 | 42 | 50 |
| Expenses | Stable | 40 | 39 | 28 | 30 | 28 | 33 | 30 | 30 | 42 | 51 |
| Operating Profit | Volatile | 10 | 2 | -1 | 2 | -1 | 0 | -1 | -4 | -0 | -1 |
| Operating Margin | Volatile | 20.7% | 3.9% | -3.7% | 5.2% | -3.6% | 0.3% | -2.8% | -15.1% | -0.9% | -1.5% |
| Other Income | Accelerating | 2 | 6 | -0 | 1 | -1 | 2 | 1 | 3 | 0 | -59 |
| Interest | Volatile | 3 | 2 | 3 | 3 | 3 | 6 | 2 | 2 | 3 | 4 |
| Depreciation | Softening | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 5 |
| Profit Before Tax | Volatile | 7 | 3 | -7 | -3 | -8 | -8 | -6 | -7 | -7 | -68 |
| Tax | Volatile | 2 | 0 | -1 | -0 | -1 | -2 | -1 | 2 | -1 | -8 |
| Net Profit | Volatile | 5 | 2 | -6 | -3 | -6 | -7 | -5 | -9 | -6 | -60 |
| Net Margin | Volatile | 9.4% | 5.5% | -22.1% | -9.8% | -24.0% | -20.2% | -16.4% | -34.7% | -13.2% | -120.0% |
Key Takeaways
- Aksh Optifibre is currently undergoing Corporate Insolvency Resolution Process (CIRP) as per NCLT order dated June 19, 2026.
- The Hon'ble NCLAT has stayed the Interim Resolution Professional (IRP) from taking further steps, allowing the company to run under IRP supervision with existing management assistance.
- The company's net worth has completely eroded, closing FY26 at negative ₹13 Cr.
- Liquidity is at critical levels with a current ratio of 0.36 and a significant working capital deficit of ₹132 Cr.
- Despite insolvency, Q1 FY27 showed a nascent recovery in operating margins to 20.7%.
- Promoter holding has significantly diluted over recent years to 19.37%, signaling reduced stakeholder confidence.
- Revenue has stagnated for a decade, falling from ₹618 Cr in FY18 to just ₹127 Cr in FY26.
Management Guidance
Management is focused on a turnaround via debt restructuring and stabilizing the core optical fiber business, though operations remain under the legal supervision of the appointed IRP.
Sentiment Shift
Deteriorating
The transition into formal insolvency proceedings (CIRP) and negative equity outweighs the marginal recovery in quarterly operating margins.
Outlook
The company faces a high risk of liquidation or forced restructuring; survival depends entirely on the outcome of the NCLAT appeals and the insolvency resolution process.
From the Annual Report (Key Quotes)
“Aksh Optifibre Limited is undergoing Corporate Insolvency Resolution Process ('CIRP') under the provisions of the Insolvency and Bankruptcy Code, 2016.”
“The Hon'ble NCLAT held that the IRP shall not take any further steps and the Company shall be run under the supervision of the IRP.”
“Financial quality of the business is critically weak, marked by a 5-year revenue CAGR of -13.9% and persistent net losses.”
Official Quarterly Documents
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This summary is AI-generated from Aksh Optifibre Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.