Cello World Limited , a prominent player in the Indian consumerware market, has announced its financial results for the first quarter of fiscal year 2026, along with the outcomes of its 7th Annual General Meeting (AGM).

Q1 FY26 Financial Highlights

For the quarter ended June 30, 2025, Cello World Limited reported:

• Revenue from operations of Rs. 529.00 crores, a 6% year-on-year growth
• Gross profit of Rs. 286.00 crores, with a margin of 54%, the highest ever for the company
• EBITDA of Rs. 126.00 crores, with a margin of 24%
• Profit After Tax (Attributable to Owners) of Rs. 73.00 crores, with a margin of 14%

The company's core consumer-ware segment showed positive momentum, driven by strong performance in hydration, opalware, and glassware categories. However, writing instruments and furniture segments remained subdued during the quarter.

Segment-wise Performance

Despite achieving its highest-ever gross profit margin, the company's EBITDA margin declined by 380 basis points. This decrease was attributed to additional operational costs related to the new glassware facility, which the company expects to stabilize as the facility ramps up production in the future.

Management Commentary

Pradeep Rathod, Chairman & Managing Director of Cello World Limited, commented on the results: "Cello reported a steady start for the year, delivering a year-on-year revenue growth of 6%, reaching Rs. 529 Cr while achieving its highest-ever gross profit margin of 54.0%. This improvement underscores Cello's manufacturing excellence."

Looking ahead, Mr. Rathod stated, "We are committed to further enhancing our omnichannel presence to broaden our product reach across India with a focus on premiumization and a stable margin profile. We maintain a positive outlook for H2 FY26 driven by revival in consumer demand across categories."

Annual General Meeting Outcomes

The company held its 7th Annual General Meeting on August 8, 2025, where all 14 proposed resolutions were passed with the requisite majority. Key resolutions included:

1. Adoption of audited financial statements for FY 2024-25
2. Declaration of a 30% dividend (Rs. 1.50 per equity share)
3. Reappointment of Managing Director Pradeep Ghisulal Rathod
4. Appointment of Sarvaiya & Co as Secretarial Auditor for five years
5. Reappointment of five Non-Executive Independent Directors
6. Adoption of revised Articles of Association
7. Approval of Employee Stock Option Scheme 2025 for company and subsidiary employees

The voting was conducted through remote e-voting and e-voting during the AGM, with shareholders holding shares as of the August 1, 2025 cutoff date eligible to vote.

Cello World Limited continues to focus on expanding its product reach, emphasizing premiumization, and maintaining a stable margin profile as it navigates the evolving consumer goods market in India.

Cello World Limited , a prominent player in the consumer products industry, has released its financial results for the first quarter, showcasing revenue growth but facing pressure on profitability.

Financial Performance

On a consolidated basis, Cello World reported:

On a standalone basis, the company achieved:

Management Reappointments

The Board of Directors has approved the reappointment of key executives for a five-year term from November 11, 2025 to November 10, 2030, subject to shareholder approval:

• Mr. Pradeep Ghisulal Rathod as Chairman and Managing Director
• Mr. Pankaj Ghisulal Rathod as Joint Managing Director
• Mr. Gaurav Pradeep Rathod as Joint Managing Director
• Mr. Gagandeep Singh Chhina as Non-Executive Non-Independent Director

These reappointments demonstrate the company's commitment to leadership continuity.

Financial Position

Cello World reported no deviation in the utilization of funds raised through its Qualified Institutional Placement of Rs 738 crores in July 2024, indicating adherence to its financial plans.

Outlook

While Cello World has demonstrated its ability to grow revenue, the company faces challenges in maintaining profitability margins. The management's focus will likely be on cost optimization and efficiency improvements to address the pressure on margins while continuing to drive sales growth in the competitive consumer products market.