Cello World

Online revenue share grew from 10.4% to 16.3% from Q1 FY26 to Q1 FY27 — digital channels are gaining strong traction.

Total revenue dropped from ₹587.4 Cr to ₹526.7 Cr from Q2 FY26 to Q1 FY27 — overall demand is softening.

Writing instruments revenue share rose from 13.9% to 21.2% from Q1 FY26 to Q1 FY27 — core product line is expanding faster than the rest of the business.

EBIT margin slipped from 20.4% to 18.1% from Q1 FY26 to Q1 FY27 — operational profitability is facing sustained pressure.

Gross profit margin rebounded from 49.6% to 52.4% from Q3 FY26 to Q1 FY27 — pricing power and cost control are stabilizing.

Employee costs rose from ₹60.4 Cr to ₹68.0 Cr from Q1 FY26 to Q1 FY27 — rising headcount expenses are weighing on margins.

Other operating expenses fell from ₹116.1 Cr to ₹108.9 Cr from Q1 FY26 to Q1 FY27 — disciplined spending is protecting the bottom line.

Export revenue share fell from 8.4% to 7.3% from Q1 FY26 to Q1 FY27 — overseas sales are losing ground.

Consumerware gross margin recovered from 50.9% to 55.0% from Q4 FY26 to Q1 FY27 — flagship segment is regaining profitability.

Furniture segment gross margin declined from 40.9% to 39.5% from Q1 FY26 to Q1 FY27 — input costs are squeezing this division.