Cello World reports record Q4FY26 revenue of ₹654 crore
Cello World Limited achieved its highest-ever quarterly revenue of ₹654 crore in Q4FY26, an 11% increase from the previous year. For the full financial year 2026, the company recorded a revenue of ₹2,323.7 crore, growing by 8.8%, with a Profit After Tax of ₹331.5 crore and a PAT margin of 14.3%. The writing instruments segment saw significant growth of 64%, while the company also announced the effectiveness of a composite scheme of arrangement and detailed its capital expenditure plans.

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Cello World Limited reported its highest-ever quarterly revenue of ₹654 crore for the fourth quarter of the financial year 2026 (Q4FY26), recording a year-on-year growth of 11%. The company’s financial year 26 revenue stood at ₹2,323.7 crores, registering a year-on-year growth of 8.8%. Profit after tax for the year was ₹331.5 crores, resulting in a PAT margin of 14.3%. The company announced these figures during its earnings conference call held on May 29, 2026.
Financial Performance
For Q4FY26, the company reported revenue of ₹653.6 crores compared to ₹588.8 crores in Q4FY25. EBITDA for the quarter stood at ₹136.6 crores, translating into a margin of 20.9%. Profit after tax for the quarter was ₹90.1 crores with a PAT margin of 13.8%. For the full year FY26, EBITDA came in at ₹526.4 crores with a margin of 22.7%. Cash flow from operations for FY26 was ₹255.1 crores, and the debt-to-equity ratio stands at 0.01%.
| Metric | Q4FY26 | FY26 |
|---|---|---|
| Revenue (₹ Crores) | 653.6 | 2,323.7 |
| EBITDA (₹ Crores) | 136.6 | 526.4 |
| EBITDA Margin (%) | 20.9 | 22.7 |
| PAT (₹ Crores) | 90.1 | 331.5 |
| PAT Margin (%) | 13.8 | 14.3 |
Segment and Operational Updates
During the quarter, consumerware contributed 66.4% of total revenue, while writing instruments accounted for 19.6%. Moulded furniture and allied products contributed the remaining 14%. Writing instruments revenue stood at ₹128 crores, delivering a growth of 64%, driven by the Cello stationery brand and export business. The company targets a revenue of ₹500 crores plus from this segment in FY27.
The Hydration segment faced challenges due to stock-outs in insulated steel products, while glassware utilization remained at about 60% due to dumping of imported products from China. The company operationalized 2 additional manufacturing lines for steel bottle production in Q4FY26, with 4 more lines commissioned in Q1FY27. Management expects steel bottle production to ramp up gradually over Q1 and Q2 of FY27.
Corporate Developments
The composite scheme of arrangement among Wimplast, Cello Consumer Products Limited, and the company became effective from May 27, 2026, with an appointed date of April 1, 2025. Financial comparatives have been restated to reflect this scheme. Capex incurred during FY26 was around ₹219 crores, primarily for setting up manufacturing lines for steel bottles and consumerware products. For FY27, the company expects a capex of around ₹100 crores.
Historical Stock Returns for Cello World
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.26% | +3.15% | -0.18% | -29.53% | -33.38% | -50.84% |
How will the commissioning of four new steel bottle lines in Q1FY27 mitigate the stock-out issues faced in the Hydration segment?
What specific strategies will Cello World employ to achieve the targeted ₹500 crore revenue from the writing instruments segment in FY27?
How does the company plan to address the low glassware utilization caused by the dumping of Chinese imports?

































