The Bombay Burmah Trading Corporation Limited Earnings Summary — Q1 FY2027
BBTCL Reports Strong Consolidated Profit Growth Driven by Food Segment and Deleveraging
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue grew 5.6% sequentially in Q1 FY2027.
- Revenue of ₹5,089 Cr is 8.0% higher year-on-year.
- Revenue has compounded at 9.3% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹288 Cr is 19.7% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 0.6% annualised across the period.
- Operating margin stands at 16.0% in Q1 FY2027.
- Operating margin expanded by 63 bps year-on-year.
- Over the last two years operating margin has contracted by 98 bps.
- PBT margin is 15.5%.
- Expense growth of 7.2% remained below revenue growth of 8.0%.
- Operating profit of ₹814 Cr is 12.4% higher year-on-year.
- Operating leverage has been under pressure recently.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 64/100 (Healthy) 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 | Stable | 5,089 | 4,818 | 5,066 | 4,943 | 4,712 | 4,519 | 4,685 | 4,761 | 4,333 | 4,162 |
| Expenses | Stable | 4,275 | 3,991 | 4,123 | 4,007 | 3,988 | 3,717 | 3,811 | 4,037 | 3,598 | 3,399 |
| Operating Profit | Stable | 814 | 827 | 943 | 936 | 724 | 802 | 873 | 724 | 736 | 763 |
| Operating Margin | Stable | 16.0% | 17.2% | 18.6% | 18.9% | 15.4% | 17.8% | 18.6% | 15.2% | 17.0% | 18.3% |
| Other Income | Volatile | 83 | 174 | 78 | 85 | 74 | 109 | 81 | 187 | 29 | 105 |
| Interest | Stable | 27 | 24 | 39 | 41 | 34 | 39 | 51 | 37 | 31 | 29 |
| Depreciation | Stable | 83 | 89 | 88 | 89 | 86 | 84 | 86 | 80 | 77 | 84 |
| Profit Before Tax | Stable | 787 | 889 | 893 | 891 | 678 | 788 | 818 | 794 | 656 | 756 |
| Tax | Volatile | 204 | 108 | 238 | 325 | 180 | 203 | 191 | 279 | 185 | 207 |
| Net Profit | Accelerating | 288 | 444 | 316 | 242 | 241 | 309 | 339 | 253 | 222 | 284 |
| Net Margin | Accelerating | 5.7% | 9.2% | 6.2% | 4.9% | 5.1% | 6.8% | 7.2% | 5.3% | 5.1% | 6.8% |
Key Takeaways
- Consolidated Net Profit for the quarter ended June 30, 2026, rose 19.7% YoY to ₹288.16 crores, primarily driven by the food-bakery and dairy segment.
- Consolidated revenue from operations increased by 8% YoY to ₹5,088.69 crores, showcasing stable demand in the core FMCG business.
- The corporation recognized a consolidated exceptional gain of ₹14.87 crores during the quarter from the phased sale of plantation assets (Dunsandle estate).
- Finance costs significantly decreased YoY to ₹26.80 crores (from ₹33.79 crores), reflecting the ongoing success of the group's deleveraging strategy.
- The Food-Bakery and Dairy segment remains the primary engine, contributing ₹5,003.45 crores to segment revenue and ₹777.86 crores to segment results.
- Standalone results remain weak compared to consolidated figures, reporting an operating loss before exceptional items of ₹7.01 crores.
Management Guidance
Management is continuing its strategy of streamlining the portfolio, evidenced by the phased divestment of tea plantation assets in Nilgiris and Tanzania to focus on core segments.
Sentiment Shift
Improving
The group's successful reduction in finance costs and stable growth in its food subsidiary are improving bottom-line quality despite plantation volatility.
Outlook
The outlook remains tied to the performance of Britannia Industries; however, the ongoing asset monetization and debt reduction provide a stronger financial foundation for the Wadia group flagship.
From the Annual Report (Key Quotes)
“Board of Directors... have considered and approved the Unaudited Financial Results... for the first quarter ended 30th June, 2026.”
“Significant assets of Dunsandle estate have been sold during the quarter... at a gain of ₹14.87 crores... which are recorded as exceptional item.”
“Operating margin (in %) stood at 16.00% for the quarter ended 30 June 2026.”
Official Quarterly Documents
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This summary is AI-generated from The Bombay Burmah Trading Corporation Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.
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