Lohia Corp Q1FY27 net profit rises 292% to ₹663 Mn; order book hits ₹17,782 Mn
Lohia Corp reported a 292% YoY jump in Q1FY27 net profit to ₹663 Mn, supported by a 60% revenue rise to ₹5,030 Mn. The order book grew to ₹17,782 Mn as of June 2026, with exports accounting for 41% of revenue. EBITDA margins expanded to 19.9% due to operating leverage.
*this image is generated using AI for illustrative purposes only.
Lohia Corp reported a net profit of ₹663 million for the quarter ended June 30, 2026, marking a sharp recovery from the ₹169 million recorded in the corresponding period of FY25. The capital goods manufacturer saw its revenue from operations expand by 60% year-on-year to ₹5,030 million, up from ₹3,154 million in Q1FY26. The company’s pending order book surged to ₹17,782 million as of June 2026, reflecting strong visibility for future revenues.
The results reflect strong operational momentum following the company's recent transition to public listing. Lohia Corp completed its initial public offering (IPO) of 25,931,407 equity shares at an issue price of ₹425 per share, raising approximately ₹11,012.9 million through an offer for sale by existing shareholders. The shares were listed on the National Stock Exchange and BSE on July 30, 2026.
Financial Performance Highlights
The consolidated financial results for Q1FY27 show significant improvements across key income statement lines compared to the prior year. EBITDA margin expanded by approximately 840 basis points year-on-year to 19.9%, driven by higher volumes and operating leverage.
| Metric: | Q1FY27 | Q1FY26 | Change |
|---|---|---|---|
| Revenue from operations: | ₹5,030 million | ₹3,154 million | +60% |
| Total Income: | ₹5,096 million | ₹3,190 million | +60% |
| Total Expenses: | ₹4,183 million | ₹2,955 million | +42% |
| Profit Before Tax: | ₹913 million | ₹235 million | +289% |
| Net Profit: | ₹663 million | ₹169 million | +292% |
| EPS (Basic & Diluted): | ₹6.27 | ₹1.60 | +291.9% |
Revenue growth outpaced expense inflation, with total expenses rising 42% year-on-year to ₹4,183 million. This divergence contributed to a substantial expansion in pre-tax profits, which jumped 289% to ₹913 million. Other income increased to ₹66 million from ₹37 million in the prior year, while finance costs remained contained at ₹24 million.
What the Numbers Show
The surge in profitability is primarily operational, driven by higher sales volumes rather than one-off gains. Unlike the previous fiscal year, where exceptional items related to new labour codes impacted the bottom line, Q1FY27 results contain no such non-recurring charges. The effective tax rate for the quarter stood at approximately 27.4%, with total tax expense amounting to ₹250 million, including a deferred tax credit of ₹7 million. Exports contributed ~41% of the revenue in Q1FY27, an increase from ~37% in Q4FY26, indicating strengthening international demand.
Segment and Subsidiary Details
The group operates as a single segment focused on manufacturing machinery for the HDPE/PP woven fabric industry. Six subsidiaries were included in the consolidated statement, including Leesona Corp (USA) and OMGM Extrusiontechnik S.R.L. Among these, six subsidiaries reviewed by joint auditors reported a combined revenue of ₹250.6 million but incurred a net loss of ₹55.8 million for the quarter, highlighting a concentration of losses within specific international or niche entities despite the overall group profitability.
The standalone results mirrored the consolidated trend, with the holding company reporting a net profit of ₹732.7 million, up from ₹175.9 million in Q1FY26. Standalone revenue rose 63.3% to ₹4,997.5 million. The Board of Directors, chaired by Raj Kumar Lohia, approved the unaudited financial results on August 19, 2026, following review by the Audit Committee and statutory auditors Walker Chandiok & Co LLP and Anil Pariek & Garg.
Historical Stock Returns for Lohia Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.04% | +12.27% | +32.07% | +32.07% | +32.07% | +32.07% |
How will the ₹17,782 million order book translate into revenue growth over the next two fiscal years, and are there risks of execution delays given the rapid volume expansion?
What is the management's strategy to address the net losses incurred by international subsidiaries like Leesona Corp, and will these entities require further capital infusion or strategic restructuring?
Given that exports now contribute 41% of revenue, how vulnerable is Lohia Corp to potential geopolitical trade barriers or currency fluctuation risks in key international markets?
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