Bombay Cycle & Motor Q1 Results: Net profit rises 18% YoY to ₹163.72 lakh
Bombay Cycle & Motor Agency Ltd posted a standalone net profit of ₹163.72 lakh in Q1FY27, up 17.8% YoY, driven by strong segment performance. Consolidated net profit fell to ₹135.66 lakh due to subsidiary impacts. Revenue grew to ₹281.13 lakh on a consolidated basis.

*this image is generated using AI for illustrative purposes only.
Bombay Cycle & Motor Agency reported a standalone net profit of ₹163.72 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a recovery from the loss of ₹29.05 lakh recorded in the preceding quarter and an increase from the ₹138.97 lakh profit in the same quarter last year. The company’s Board of Directors approved the unaudited standalone and consolidated financial results on August 07, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Standalone revenue from operations rose to ₹277.03 lakh in Q1FY27, up from ₹251.19 lakh in Q1FY26. This growth was supported by robust performance across both reportable segments: Automobile and Hospitality. The Automobile segment contributed ₹108.77 lakh to segment revenue, while the Hospitality segment generated ₹168.25 lakh. Statutory Auditors M/s. LMRA & Associates issued a limited review report on the financial statements, confirming they present fairly the financial position as per Ind AS standards.
Financial Performance Overview
The following table highlights key standalone financial metrics for Q1FY27 compared to prior periods:
| Metric | Q1FY27 (₹ in Lacs) | Q4FY26 (₹ in Lacs) | Q1FY26 (₹ in Lacs) |
|---|---|---|---|
| Revenue from Operations | 277.03 | 281.64 | 251.19 |
| Other Income (net) | 133.02 | (87.96) | 134.59 |
| Total Expenses | 223.70 | 240.35 | 211.81 |
| Profit Before Tax | 186.35 | (46.66) | 173.97 |
| Net Profit After Tax | 163.72 | (29.05) | 138.97 |
| Earnings Per Share (Basic) | ₹40.93 | ₹(7.27) | ₹34.74 |
On a consolidated basis, which includes subsidiary Walchand Advanced Composites Private Limited, net profit after tax was ₹135.66 lakh, down from ₹161.54 lakh in Q1FY26. Consolidated revenue from operations increased to ₹281.13 lakh from ₹252.54 lakh in the year-ago quarter. The decline in consolidated profitability despite higher revenue suggests margin pressure or increased unallocable expenses at the group level, although specific details on inter-segment eliminations were not disclosed beyond zero inter-segment revenue.
Segment-wise Analysis
The company operates through two primary divisions: Automobile and Hospitality. In Q1FY27, the Automobile segment generated a profit before interest and tax of ₹126.34 lakh on a standalone basis, significantly higher than the ₹18.33 lakh recorded in Q4FY26. The Hospitality segment also turned profitable with a segment result of ₹61.08 lakh, reversing the loss of ₹63.89 lakh seen in the previous quarter.
Capital employed for the Automobile segment assets stood at ₹2,647.50 lakh, while Hospitality segment assets were valued at ₹1,493.79 lakh. Total segment liabilities remained contained at ₹713.32 lakh for the standalone entity. The improvement in segment results indicates effective operational management and cost control measures implemented during the quarter.
What the Numbers Show
A notable divergence exists between standalone and consolidated net profits. While standalone PAT improved by approximately 17.8% YoY, consolidated PAT declined by about 16% YoY. This discrepancy is primarily driven by the consolidation of Walchand Advanced Composites Private Limited, whose inclusion impacts the overall group bottom line. Investors should monitor the subsidiary’s contribution in future quarters to understand the sustainability of this divergence. Additionally, other income played a significant role in standalone results, contributing ₹133.02 lakh, nearly half of the total income, highlighting reliance on non-operating revenues alongside core business activities.
Historical Stock Returns for Bombay Cycle & Motor Agency
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.61% | +2.34% | -1.56% | -8.70% | -22.09% | +141.58% |
What specific operational strategies is Bombay Cycle & Motor Agency implementing to address the margin pressure evident in the decline of consolidated net profit despite higher revenue?
How will the financial performance of subsidiary Walchand Advanced Composites Private Limited evolve in upcoming quarters, and what impact might it have on the group's overall profitability?
Given that other income contributed nearly half of the standalone total income, what measures are being taken to ensure sustainable growth from core operating segments rather than non-operating revenues?

































