Mamata Machinery announced its Q3FY26 financial results following a board meeting held on January 31, 2026, revealing mixed performance with quarterly challenges offsetting nine-month growth momentum. The company reported consolidated revenue of ₹672.15 million for Q3FY26 compared to ₹734.37 million in the corresponding quarter last year, marking an 8% year-on-year decline.

Financial Performance Overview

The company's Q3FY26 consolidated net profit declined to ₹78.66 million from ₹87.71 million in Q3FY25, representing a 10% year-on-year decrease. Despite quarterly headwinds, the nine-month period showed resilience with consolidated revenue growing 11% year-on-year to ₹1,592.50 million for 9MFY26.

Profitability and Margin Analysis

The company faced margin compression during the quarter with EBITDA declining substantially from previous year levels. Profitability pressures emerged from lower gross margins due to product-mix changes and operational challenges. The standalone operations showed a 15% revenue growth to ₹547.81 million in Q3FY26, though net profit declined 26% to ₹57.59 million.

Earnings Per Share Performance

Consolidated earnings per share for Q3FY26 stood at ₹3.20 compared to ₹3.56 in the corresponding quarter last year. For the nine-month period, consolidated EPS improved to ₹6.11 from ₹5.54 in 9MFY25, reflecting the company's better performance over the extended period.

Board Meeting and Regulatory Compliance

The Board of Directors meeting commenced at 2:00 PM IST and concluded at 2:35 PM IST on January 31, 2026. The board approved unaudited standalone and consolidated financial results for the quarter and nine-month period ended December 31, 2025, along with the auditors' limited review report. The results have been prepared in accordance with Indian Accounting Standards and comply with SEBI Listing Regulations.

Subsidiary Performance

The company's wholly-owned subsidiary, Mamata Enterprises Inc., contributed significantly to consolidated performance with revenue of ₹170.99 million and net profit of ₹20.29 million for Q3FY26. For the nine-month period, the subsidiary generated revenue of ₹489.47 million and net profit of ₹29.80 million, demonstrating strong international operations.

Mamata Machinery Limited , a leading player in the packaging machinery sector, has reported strong financial performance for the second quarter of fiscal year 2026, with significant growth in revenue and new order acquisitions.

Q2 and H1 FY26 Performance Highlights

The company delivered robust quarterly results, reporting a 25% year-on-year increase in revenue for Q2 FY26. The first half of the fiscal year saw an even more impressive 31% growth compared to the previous year. Mamata Machinery has maintained a consistent 70:30 ratio of export to domestic sales, highlighting its strong global presence.

New Orders and Market Expansion

In a significant development, Mamata Machinery has secured three new orders for advanced 9-layer blown-film plants. This achievement underscores the company's technological prowess and its ability to cater to high-end market demands. Two of these sophisticated co-extrusion solutions are slated for delivery within the current financial year, potentially boosting the company's revenue in the coming quarters.

Order Book and Financial Position

As of the latest report, Mamata Machinery holds a robust order book of INR 144.00 crores. This includes exposure to the US market worth INR 15.00 crores, indicating a diversified geographical presence. The company's strong order book provides visibility for the remainder of the fiscal year and beyond.

Focus on Sustainability and Innovation

Mamata Machinery is actively developing recyclable packaging solutions, aligning with global trends towards sustainable packaging. This initiative not only demonstrates the company's commitment to environmental responsibility but also positions it to capitalize on the growing demand for eco-friendly packaging solutions.

Global Market Presence

The company continues to expand its global footprint in the packaging machinery markets. With a presence in 80 countries, Mamata Machinery is leveraging its international network to drive growth, particularly in its packaging machines division, which is seen as the engine for the company's future expansion.

Future Outlook

Apurva Kane, Chief Executive Officer of Mamata Machinery, expressed confidence in the company's growth trajectory. He highlighted the company's efforts in developing next-generation machinery solutions capable of using recyclable or mono-material films, addressing key industry challenges in sustainable packaging.

Kane stated, "We are leading the pack in innovative packaging solutions. Our recent developments in recyclable film technology could significantly accelerate brand owners' transition to sustainable flexible packaging while enabling them to meet their ESG and long-term sustainability commitments."

The company's management views the current challenges, including recent tariff-related headwinds in the US market, as transient. They remain committed to strengthening their presence in the US market and are implementing aggressive recruitment programs to expand their sales and service teams in the region.

With its strong order book, focus on innovation, and expansion into new markets, Mamata Machinery appears well-positioned for continued growth in the dynamic packaging machinery sector.

Financial Data

As Mamata Machinery continues to navigate global market dynamics and push for sustainable packaging solutions, investors and industry observers will be keenly watching its performance in the coming quarters.