Sheetal Cool Products reported a net profit of ₹6.99 crore for the quarter ended June 30, 2026, up from ₹5.34 crore in the corresponding period of FY25. Revenue from operations rose 17.5% year-on-year to ₹132.64 crore, compared to ₹112.90 crore in Q1FY25. Operating profitability also strengthened, with EBITDA rising to ₹140 million (approximately ₹117.7 crore) from ₹104 million (approximately ₹86.8 crore) in Q1FY25. The EBITDA margin expanded to 10.54% from 9.3% in the previous year's quarter.

The Board of Directors approved the unaudited financial results at its meeting held on August 13, 2026, at the company’s registered office in Amreli, Gujarat. Statutory auditors HB Kalaria & Associates issued an unmodified review report on the interim financial information. The meeting commenced at 11:00 am and concluded at 11:50 am.

Financial Performance

Profit before tax stood at ₹9.35 crore, an increase from ₹7.19 crore in Q1FY25. Total tax expense was ₹2.36 crore, comprising current tax of ₹2.21 crore and deferred tax of ₹0.14 crore. Earnings per share (basic and diluted) were ₹6.66, compared to ₹5.09 in the previous year’s quarter.

Cost of materials consumed increased to ₹94.19 crore from ₹66.66 crore year-ago, reflecting higher input costs or volume mix shifts. Employee benefits expense rose to ₹7.31 crore from ₹6.34 crore. Finance costs were ₹2.29 crore, up from ₹1.55 crore in Q1FY25.

What the Numbers Show

Other income declined sharply to ₹0.05 crore from ₹0.09 crore in the prior year quarter, reducing its contribution to total income. In Q1FY25, other income constituted approximately 0.08% of total income; in Q1FY26, this share fell to negligible levels. This indicates that the profit growth was driven entirely by operational revenue expansion rather than non-operating gains. The simultaneous expansion in EBITDA margin from 9.3% to 10.54% suggests improved operating leverage despite the significant rise in material costs.

Segment and Accounting Notes

The company operates in two segments: "Milk and Milk Products" and "Namkeen Products." Segment reporting is not applicable as the Namkeen products segment does not meet quantitative thresholds under Ind AS 108. The company migrated its accounting software from Tally to an ERP-based system during the year, which has resulted in material differences in financial information compared with the previous system. The Code on Social Security, 2020 may impact employee-related contributions, though the effective date is yet to be notified.

sheetal cool products has secured an export order worth approximately ₹4 Crore for the supply of dairy products. The order entails the delivery of 75 tons of Shrikhand and 75 tons of Paneer to an international customer. The execution of this contract is scheduled to be completed by August 2026.

The order will be fulfilled through a Domestic Merchant Exporter. The company has stated that the name of the buyer cannot be disclosed due to confidentiality and commercial considerations. Furthermore, the filing confirms that the order does not involve any interest from the promoter, promoter group, or group companies in the entity awarding the contract.

Order Details

The company provided specific details regarding the contract in a regulatory filing. The table below outlines the key particulars of the transaction.

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Bhupatbhai D. Bhuva, Managing Director of Sheetal Cool Products Limited.