NSE
BSEThe Quarter story
The two most recent quarterly results, compared side-by-side.
Strong revenue and profit growth in Q1 FY27, fueled by segment expansion and better cash conversion, despite rising customer concentration and lower asset turnover.
Revenue grew from ₹173 Cr in Q1 FY26 to ₹248 Cr in Q1 FY27, demonstrating consistent top-line expansion.
Top 10 customer contribution held at 48% in Q1 FY26, spiking to 58% in Q1 FY27, raising concentration risk.
Net profit dipped to ₹20.4 Cr in Q2 FY26, jumping to ₹26.7 Cr in Q1 FY27, confirming strong bottom-line growth.
Fixed asset turnover declined from 5.7x in Q1 FY26 to 5.0x in Q1 FY27, signaling reduced asset utilization efficiency.
Working capital days held at 173 in Q1 FY26, dropping to 139 in Q1 FY27, improving liquidity efficiency.
Interest expense rose from ₹2.6 Cr in Q1 FY26 to ₹3.1 Cr in Q1 FY27, reflecting higher borrowing costs.
Reaction Systems revenue dipped to ₹36.8 Cr in Q3 FY26, surging to ₹109.0 Cr in Q4 FY26, indicating major order wins.
EBITDA margin slipped from 19.5% in Q1 FY26 to 17.5% in Q1 FY27, showing stabilized but pressured pricing power.
Inventory days held at 123 in Q1 FY26, dropping to 113 in Q1 FY27, indicating faster stock conversion.
Payables days increased from 62 in Q1 FY26 to 82 in Q1 FY27, reflecting longer supplier payment cycles.