Xpro India Limited will hold a group meeting with investors and fund houses on Friday, September 4, 2026. The company disclosed the schedule in a filing dated August 29, 2026.

Meeting Details

The interaction is being conducted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company representatives will lead the discussion.

Discussion Scope

The company stated it will refer to publicly available documents during the interaction. Discussions are expected to cover operational updates and strategic initiatives based on existing disclosures.

Schedule Flexibility

The meeting schedule remains subject to change due to exigencies on the part of the investors or the company. No specific time or venue details were provided in the initial intimation.

Regulatory Compliance

This disclosure serves as formal notification to the National Stock Exchange of India Ltd and BSE Limited. Kamal Kishor Sewoda, Company Secretary, signed the communication.

Xpro India reported a sharp turnaround in profitability for the quarter ended June 30, 2026, with net profit after tax (PAT) rising 127.9% year-on-year to ₹9.8 crore from ₹4.3 crore in Q1FY26. The strong bottom-line performance was driven by a 9% increase in sales volumes, which outpaced the industry's refrigerator production growth of 4%, alongside higher average selling prices (ASPs) supported by raw material pass-throughs and a favorable product mix. This performance underscores the company's ability to gain market share despite global geo-political uncertainties and rising polymer costs.

Financial Performance

Revenue from operations grew 20.4% to ₹174.4 crore in Q1FY27, up from ₹144.9 crore in the corresponding period of FY26. EBITDA rose to ₹16.2 crore from ₹6.9 crore in Q1FY26, with EBITDA margin expanding to 9.33% from 4.74%. Profit before tax (PBT) surged 128.3% to ₹13.7 crore, benefiting from operational efficiencies and scale.

Operational Highlights

The dielectric films business maintained its strong market position, with continued onboarding of new customers and qualification for new applications supporting the ramp-up of recently expanded capacity. In contrast, the COEX Cast Films segment recorded lower volumes due to prevailing market conditions, though management remains focused on product mix optimization and de-bottlenecking production capacity. The conflict in West Asia contributed to higher polymer prices across the value chain, impacting input costs but also enabling ASP increases.

Expansion Updates

A new dielectric film line commissioned at Barjora on March 27, 2026, has doubled India's nameplate capacity from 4,000 to 8,000 MT annually. Initial supplies to domestic and international customers have received encouraging feedback, with full product range development underway. Meanwhile, the UAE project (Xpro Dielectric Films FZ-LLC) faces minor delays due to shipping disruptions caused by the Middle East conflict, affecting the arrival of utility equipment and raw materials. Mechanical installation of key production equipment is nearly complete, and the company continues to monitor developments closely.

What the Numbers Show

The 9% volume growth against a 4% industry backdrop signals genuine market share gains, positioning Xpro India for stronger leverage as new capacities come online. The significant surge in PAT (127.9%) reflects effective cost management and favorable operating leverage, while the expansion of EBITDA margin to 9.33% from 4.74% underscores improved profitability at the operating level. Together, these metrics highlight a company gaining competitive ground while investing ahead of capacity-led growth.