Cranex Q1 Results: Net profit up 33% YoY to ₹32.5 lakh

1 min read     Updated on 14 Aug 2026, 04:40 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Cranex Limited delivered a stronger bottom line in Q1FY27 with net profit jumping 33% YoY to ₹32.5 lakh, outpacing a 9.6% rise in operational income to ₹998.4 lakh. The improvement in profitability suggests better margin management despite modest revenue growth.

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Cranex Limited reported a net profit of ₹32.49 lakh for the quarter ended June 30, 2026, representing a 33.16% year-on-year increase from ₹24.4 lakh in Q1FY26. The company’s total income from operations rose 9.64% to ₹998.42 lakh, up from ₹910.63 lakh in the corresponding prior period.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 13, 2026. The figures have been reviewed by the Audit Committee and comply with Indian Accounting Standards (Ind AS).

Financial Performance

Metric Q1FY27 (₹ Lakh) Q1FY26 (₹ Lakh) Change
Total Income 998.42 910.63 +9.64%
Net Profit (Pre-Tax) 43.18 31.35 +37.74%
Net Profit (Post-Tax) 32.49 24.40 +33.16%
EPS (Basic) ₹0.43 ₹0.37 +16.22%

Consolidated net profit stood at ₹32.37 lakh, marginally lower than the standalone figure due to a share in loss of associates amounting to ₹0.12 lakh. Basic earnings per share (EPS) increased to ₹0.43 from ₹0.37 in the previous year.

What the Numbers Show

The divergence between revenue growth and profit expansion indicates improved cost efficiency or operating leverage during the quarter. While top-line growth remained moderate at under 10%, pre-tax profits expanded by nearly 38%, suggesting that fixed costs were absorbed more effectively or variable margins improved relative to the prior year.

Corporate Actions

Cranex Limited announced a special window for the re-lodgement of transfer requests for physical shares, valid from February 5, 2026, to February 4, 2027, as per SEBI circular HO/38/13/11(2)/2026-MIRSD-POD/1/3750/2026. Shareholders can access details via the company’s website.

Historical Stock Returns for Cranex

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-5.85%-1.54%+14.80%+6.33%+421.31%

Will Cranex Limited be able to sustain the significant operating leverage that drove profit growth outpacing revenue in Q1FY27 throughout the full fiscal year?

How does the marginal loss from associates impact the consolidated financial health, and are there plans to restructure or divest these investments?

Given the moderate top-line growth of 9.64%, what specific strategies is management pursuing to accelerate revenue expansion beyond cost efficiency measures?

Cranex Ltd wins orders worth Rs 16.03 Cr from BHEL and NHPC for EOT Cranes

1 min read     Updated on 21 Jul 2026, 12:02 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Cranex Ltd has received Letters of Award (LOAs) worth Rs 16.03 crore from BHEL and NHPC Limited for EOT cranes. The BHEL order, valued at Rs 10.87 crore, is for the Sunni Dam Hydro Electric Project, while the NHPC order of Rs 5.16 crore is for the Chamera Power Station Stage-I. These orders are expected to strengthen the company's order book and contribute to business growth.

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Cranex Ltd has secured Letters of Award (LOAs) aggregating to approximately ₹16.03 Crores from Bharat Heavy Electricals Limited (BHEL) and NHPC Limited for the manufacturing and supply of various Electric Overhead Travelling (EOT) Cranes and related products. The orders are expected to strengthen the company's order book and contribute positively to its business growth. The disclosure was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The following table outlines the key parameters of the orders:

Parameter Details
Name of Client Bharat Heavy Electricals Limited (BHEL)
Nature of Order D/G EOT Cranes Above 100T for Sunni Dam Hydro Electric Project
Order Value ₹10.87 Crores (approx.)
Name of Client NHPC Limited, Chamera Power Station Stage-I
Nature of Order Upgradation and Refurbishment of 02 Nos. 190/30/10 MT EOT Cranes
Order Value ₹5.16 Crores (approx.)
Geography Domestic

The company confirmed that the transactions are conducted at arm’s length and do not fall under related party transactions. Execution of the orders will proceed in accordance with the terms and conditions specified in the respective LOAs.

Historical Stock Returns for Cranex

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-5.85%-1.54%+14.80%+6.33%+421.31%

What is the expected timeline for the execution and revenue recognition of these orders?

How will these new orders impact Cranex Ltd's profit margins given the scale of the projects?

Does this win indicate a potential trend for increased demand in hydroelectric infrastructure projects?

More News on Cranex

1 Year Returns:+6.33%