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Mamata Machinery Results: Latest Quarterly Results & Analysis

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Mamata Machinery Ltd. 18 Aug 2026 13:00 PM

Q1FY27 Quarterly Result Announced for Mamata Machinery Ltd.

Industrial Machinery company Mamata Machinery announced Q1FY27 results

Standalone Financial Highlights:

  • Total Income for Q1FY27 was reported at Rs 3,387.98 lakh, representing a YoY increase of 17.63% from Rs 2,880.15 lakh in Q1FY26, but a QoQ decrease of 49.37% compared to Rs 6,691.90 lakh in Q4FY26.
  • Revenue from operations stood at Rs 3,226.84 lakh in Q1FY27, reflecting a YoY growth of 17.00% over Rs 2,757.91 lakh in Q1FY26 and a QoQ decline of 50.98% from Rs 6,583.20 lakh in Q4FY26.
  • The company reported a Loss before tax of Rs 28.62 lakh in Q1FY27, as against a profit of Rs 295.63 lakh in Q1FY26 (YoY) and a loss of Rs 42.95 lakh in Q4FY26 (QoQ).
  • Net Loss for Q1FY27 was Rs 35.63 lakh, compared to a profit of Rs 200.82 lakh in Q1FY26 and a loss of Rs 80.27 lakh in Q4FY26.
  • Basic Earnings Per Share (EPS) for Q1FY27 was negative Rs 0.14, down from Rs 0.82 in Q1FY26 and negative Rs 0.33 in Q4FY26.

Consolidated Financial Highlights:

  • Total Income reached Rs 3,805.09 lakh in Q1FY27, showing a YoY decrease of 5.25% from Rs 4,015.86 lakh in Q1FY26 and a QoQ decline of 49.03% from Rs 7,465.50 lakh in Q4FY26.
  • Revenue from operations was recorded at Rs 3,627.59 lakh in Q1FY27, a YoY decrease of 6.18% compared to Rs 3,866.35 lakh in Q1FY26 and a QoQ decrease of 50.81% from Rs 7,375.20 lakh in Q4FY26.
  • Loss before tax for Q1FY27 stood at Rs 420.85 lakh, compared to a profit of Rs 365.40 lakh in Q1FY26 (YoY) and a profit of Rs 5.31 lakh in Q4FY26 (QoQ).
  • Net Loss for the period was Rs 346.58 lakh in Q1FY27, as against a profit of Rs 264.63 lakh in Q1FY26 and a profit of Rs 0.87 lakh in Q4FY26.
  • Basic Earnings Per Share (EPS) for Q1FY27 was negative Rs 1.41, compared to Rs 1.08 in Q1FY26.

Business Highlights:

  • Impact of Heavy Rainfall and Temporary Suspension of Operations: On July 25, 2026, Ahmedabad and its surrounding areas, including Changodar and Bavla, experienced exceptionally heavy rainfall, resulting in flood-like conditions and significant waterlogging in and around the Company’s manufacturing facility. In view of the prevailing conditions, manufacturing operations and production activities at the facility were temporarily suspended.
  • Restoration: The Company has since undertaken the necessary restoration and operational measures, and manufacturing operations and production activities resumed with effect from July 30, 2026.
  • Segment-wise Performance: The Company is primarily engaged in manufacturing of machineries. Accordingly, the Company has only one reportable segment "machineries" as per IND AS 108- "Operating Segment".
  • Audit Committee Reconstitution: The Audit Committee was reconstituted to induct Mrs. Prachi P. Shah, a Non-executive independent director, as a member of the committee.

Apurva Kane, Chief Executive Officer, said: “Revenue from Operations for Q1FY27 declined 6% YOY, on account of slower execution as customers deferred machine deliveries, reflecting the continued effects of the polymer price escalation triggered by the West Asia crisis. Order intake & business visibility has remained healthy during the quarter, in line with our business outlook for FY27, and as reflected in our order backlog at the end of FY26. However, the sudden and significant rise in polymer prices has increased working capital requirements for our customers, particularly the converter category, leading them to divert capital from CAPEX projects towards the more urgent needs of immediate working capital. As a result, customers are requesting us to push back deliveries, making revenue booking and dispatches challenging in the near term. We expect execution to pick up in the latter part of the year as some of these pressures subside.

On the profitability front, gross margins remained healthy, registering an increase on both YoY and QoQ basis, signalling a healthy mix and underlying profitability. On the OPEX front, Other Expenses were higher due to exhibitions and trade shows during the quarter, including our presence at Interpack 2026 in Düsseldorf in May. Employee Benefit Expenses also registered some increase. These costs weighed on our EBITDA during the quarter, which should normalise, mainly as exhibition and trade show expenses normalise as a percentage of the top line over the rest of the year.

On the operational front, a key recent development was our recyclable film technology, RecTech, receiving 100% Recyclability Certification in the European Union in August, further establishing the case for the commercial viability of this technology. We now await the certification from the Association of Plastic Recyclers (APR), USA.

Looking ahead, we are cautiously optimistic about our business outlook for FY27. While some headwinds from the previous year, such as tariffs, have subsided, newer ones have emerged in the form of the West Asia crisis. We are navigating these strategically, ensuring business growth while maintaining a robust balance sheet position.”

Result PDF

Industrial Machinery company Mamata Machinery announced Q2FY26 results

  • Revenue: Rs 5,337 lakh during Q2FY26, change 25% YoY.
  • EBITDA: Rs 663 lakh during Q2FY26, change 27% YoY.
  • PAT: Rs 453 lakh during Q2FY26, change 3% YoY.

Apurva Kane, Chief Executive Officer, said: “Mamata Machinery continued to deliver healthy financial performance in Q2 and H1 of FY26, with well-rounded growth across key metrics. The Company recorded a 25% YoY increase in Revenue during Q2 and a 31% YoY increase in H1FY26 compared to the previous year. PAT for H1 rose by 47% YoY, although Q2FY26 profitability witnessed a marginal decrease on a YoY basis, largely due to higher exhibition expenses booked in Q2.

Among the key highlights of the recent quarter were the 3 orders secured for Mamata’s 9-layer blown film plants, of which 2 are scheduled for delivery within the current financial year. 2 of these orders are also from export markets, namely the UAE and Latin America, while the third is from a domestic customer. This is a key development for our Co-Extrusion division, and validates Mamata’s position as the go-to player for high-end & complex co-extrusion solutions.

The Company also received a strong response at two marquee trade shows recently. The first was PACK EXPO, Las Vegas 2025, where Mamata launched its new HFSS Duplex packaging line. The product was well received by North American customers, and initial orders are expected shortly. The second was K 2025 in Düsseldorf. The Company showcased two machines at K. A wicketer capable of running conventional wicketed bags as well as normal side-seal bags with non-wicket flat stacking. Thus, making our offering more versatile. The second machine was a pouch maker running on mono material recyclable film. The highlight was full job set-up automation, drastically reducing set-up time & wastage. The Company saw healthy order inflows and customer inquiries from European markets for its converting and co-extrusion portfolios.

The recent headwinds in the US market are challenges viewed as transient. Mamata Machinery’s diversified portfolio and global presence positions the company to navigate these challenges well.”

Result PDF

Industrial Machinery company Mamata Machinery announced Q1FY26 results

  • Revenue: Rs 382 million for Q1FY26, change 38% YoY.
  • EBITDA: Rs 26 million for Q1FY26, change 935% YoY.
  • PAT: Rs 26 million for Q1FY26, change 1,112% YoY.

Apurva Kane, Chief Executive Officer, said: “I am pleased to report that the Company has made a good start to the new financial year, with revenue growth of 38% YoY in Q1. While we had expected to record most of the deferred orders from the previous quarter, some of these orders, particularly in packaging and exports, are now expected to be booked in Q2. Nevertheless, we have successfully booked the bulk of our converting machinery orders in Q1.

The evolving US tariff policy environment introduces a degree of uncertainty, and we remain vigilant in monitoring potential risks. The situation remains very fluid, and we are awaiting the announcement of the final policy changes. Nonetheless, we are fully committed to our presence in the US market, which we have built over the last 2 decades.

We are also intensifying our efforts to grow in other export markets, with a particular focus on expanding the reach of our Packaging Machinery portfolio in key international markets such as Africa, the Middle East, Europe, Asia, and South & Central America.

Another notable recent milestone was the receipt of our first-ever orders for 9-layer blown film plants, one from an existing domestic customer and another from a new client in Latin America. These achievements underscore our unique position in the Co-Extrusion segment and validate our reputation as the go-to provider for customised and high-end solutions.

We remain committed to sustainable and diversified growth. With several important industry trade shows on the horizon, including our participation in the prestigious K trade show in Germany, we look forward to positive demand signals during the upcoming order intake period at the end of Q2. Looking ahead, we are confident in building our growth momentum through the scaling of our packaging machines division and our ongoing commitment to product innovation.”

Result PDF

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