Commercial Syn Bags Limited Earnings Summary — Q1 FY2027
Commercial Syn Bags Reports Robust Growth as Techtex Capacity Comes Online
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 ₹109 Cr is 20.6% higher year-on-year.
- Revenue has compounded at 22.1% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹9 Cr is 60.9% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 57.4% annualised across the period.
- Operating margin stands at 14.4% in Q1 FY2027.
- Operating margin expanded by 219 bps year-on-year.
- Over the last two years operating margin has expanded by 544 bps.
- PBT margin is 10.6%.
- Expense growth of 17.6% remained below revenue growth of 20.6%.
- Operating profit of ₹16 Cr is 42.3% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 79/100 (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 | Improving | 109 | 101 | 97 | 98 | 91 | 98 | 86 | 87 | 77 | 70 |
| Expenses | Improving | 93 | 89 | 85 | 85 | 79 | 86 | 77 | 79 | 70 | 61 |
| Operating Profit | Improving | 16 | 12 | 12 | 13 | 11 | 11 | 9 | 8 | 7 | 9 |
| Operating Margin | Stable | 14.4% | 11.8% | 12.4% | 13.2% | 12.2% | 11.6% | 10.9% | 9.1% | 8.9% | 12.6% |
| Other Income | Volatile | 1 | 1 | 0 | 0 | 1 | 2 | 0 | 1 | 1 | 2 |
| Interest | Softening | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 3 |
| Depreciation | Volatile | 3 | 3 | 3 | 3 | 3 | 1 | 3 | 3 | 3 | 3 |
| Profit Before Tax | Volatile | 12 | 8 | 7 | 9 | 7 | 11 | 4 | 4 | 2 | 5 |
| Tax | Volatile | 3 | 2 | 1 | 0 | 1 | 3 | 1 | 0 | 0 | 2 |
| Net Profit | Volatile | 9 | 6 | 6 | 8 | 6 | 8 | 4 | 4 | 2 | 3 |
| Net Margin | Volatile | 8.2% | 6.3% | 6.2% | 8.6% | 6.1% | 8.3% | 4.1% | 4.2% | 2.5% | 4.6% |
Key Takeaways
- Consolidated revenue grew 20.6% year-over-year to ₹109.13 Crores, driven by improved realisations and favorable export markets.
- Consolidated Net Profit witnessed a significant jump of 60.8% YoY to ₹8.93 Crores for the quarter ended June 30, 2026.
- Commercial production of expanded manufacturing capacity at the Techtex Unit commenced on July 22, 2026.
- Profitability improvement was bolstered by higher crude oil prices affecting product pricing and a more diversified product mix.
- The company faced a land acquisition notification from NHAI impacting its subsidiary Con syn India Private Limited; legal proceedings are ongoing.
- Capital expenditure remains high as the SEZ unit expansion and Con syn International factory construction are currently in progress.
Management Guidance
Management is focusing on moving up the value chain through the Techtex unit and expanding its SEZ unit. They indicated that commercial operations of the expanded SEZ capacity will be announced in due course.
Sentiment Shift
Improving
Significant recovery in both top-line growth and margin profile compared to the previous year, supported by successful capacity expansion execution.
Outlook
The outlook is positive driven by the commencement of new technical textile capacities, though the legal matter regarding NHAI land acquisition remains a monitorable risk for the subsidiary.
From the Annual Report (Key Quotes)
“Turnover on a consolidated basis increased both on a quarterly and year-on-year basis.”
“Significant improvement in EBITDA, PBT and PAT, primarily driven by higher crude oil prices, improved realisations, a favourable export market, and wide range of product mix.”
“The Company has commenced commercial production of expanded manufacturing capacity at its Techtex Unit on 22nd July, 2026.”
Official Quarterly Documents
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This summary is AI-generated from Commercial Syn Bags Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.