Monolithisch India’s operating profit jumps 192.2% to 15.80 crore rupees in second quarter
Key Facts
Monolithisch India posted revenue of 53.59 crore rupees in the second quarter of fiscal 2027, ended September 30, up 88.2% from 28.48 crore rupees in the year-earlier period, according to results reported by Press Trust of India from a company statement. Operating profit growth outpaced revenue growth, with earnings before interest, taxes, depreciation and amortization rising 192.2% to 15.80 crore rupees, compared with 5.41 crore a year earlier. Net profit after tax also increased 145.1% to 11.17 crore rupees from 4.56 crore. The figures put accelerating profitability and wider margins alongside sales growth at the center of the quarterly results. The company did not say in the reported statement that SGB products drove revenue, and the available evidence does not establish that the stock rose 10% after the results announcement.
EBITDA margin improved to 29.5% during the quarter, according to Prabhat Tikriwal, the company’s chairman and managing director. Tikriwal said the improved margin reflected progress in scaling operations, adding that the company was focused on product performance and execution. Comparing operating profit growth of 192.2% with revenue growth of 88.2% provides context for the margin increase. “Our EBITDA margin improved to 29.5%, underscoring our progress in scaling operations,” he said in the statement. Net profit and revenue provide a parallel picture of post-tax earnings growth: net profit was 11.17 crore rupees versus 4.56 crore a year earlier, while revenue reached 53.59 crore rupees from 28.48 crore.
The company kept its fiscal 2027 revenue guidance at 250 crore rupees until the mines begin operations, according to the statement. It said it would consider revising the guidance after operations start, making mine commissioning a milestone tied to a review of the annual outlook. The guidance follows quarterly revenue of 53.59 crore rupees in the second quarter, with year-on-year growth of 88.2%. The reported statement did not specify the amount of any potential revision and linked reconsideration to the start of mine operations. The 250 crore rupees figure therefore remains the company’s stated fiscal-year guidance until that operational condition is met.
On raw-material security, the company said it had secured allocation of a quartzite mining block in Bihar with approved capacity of 710,000 tonnes annually. It is targeting the start of commercial mining around mid-January 2027, subject to obtaining the necessary approvals, according to the statement. That timing places the mine plan after fiscal 2027, while the start remains conditional on approvals. Tikriwal said the company was working to scale operations and focus on execution, while the company tied a review of its revenue guidance to the start of mine operations. The reported statement did not specify the block’s contribution to revenue or when guidance might be revised after it begins operating.
Indian industrial activity data provide sector context for the results: the index of core industries rose 7.9% year on year in September 2026, compared with 5.9% in August, according to India’s Ministry of Commerce and Industry via the Press Information Bureau. The steel sector recorded annual growth of 4.9% in September. In the previous reading of the Index of Industrial Production, the index grew 8.0% year on year in August, while manufacturing rose 9.0%, according to India’s Ministry of Statistics. The ministry is scheduled to release the quick estimates for the September Index of Industrial Production on October 28, 2026. These figures set a near-term date for tracking industrial output, while the sources did not link growth in the economic indicators to Monolithisch India’s performance or results.