Linc Ltd-$ — Q1 FY27 earnings call
Summary generated by AI from the official transcript Linc Ltd-$ filed with BSE on 10 Aug 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Linc Limited reported Q1 FY'27 operating income of INR13,895 lakhs, up 1.4% year-on-year, with operating EBITDA of INR1,209 lakhs at an 8.7% margin, a contraction of 89 bps year-on-year attributed to higher polymer prices. PAT stood at INR581 lakhs with a 4.2% margin, down 93 bps year-on-year. Management described mixed segment trends, with corporate sales and exports declining while general trade and e-commerce grew, and said it would defer formal guidance until it has more visibility on raw material prices.
Numbers mentioned
Operating income: INR13,895 lakhs (Q1 FY27)
p. 3
“Operating income stood at INR13,895 lakhs, representing a Y-o-Y growth of 1.4%.”
N. K. Dujari, page 3 of the filed PDF · View the filing
Operating EBITDA: INR1,209 lakhs (Q1 FY27)
p. 3
“Operating EBITDA for the quarter stood at INR1,209 lakhs with an EBITDA margin of 8.7% representing a Y-o-Y contraction of 89 bps.”
N. K. Dujari, page 3 of the filed PDF · View the filing
PAT: INR581 lakhs (Q1 FY27)
p. 4
“For quarter 1 FY '27, PAT stood at INR581 lakhs, translating into a PAT margin of 4.2%, representing a Y-o-Y decline of 93 bps.”
N. K. Dujari, page 4 of the filed PDF · View the filing
Net cash position: INR1,194 lakhs (as on 30th June 2026)
p. 4
“Our balance sheet remains strong with net cash position of INR1,194 lakhs as on 30th June 2026, reflecting continued financial discipline.”
N. K. Dujari, page 4 of the filed PDF · View the filing
Fixed asset turnover: 3.72x (Q1 FY27)
p. 4
“Asset productivity remained healthy with fixed asset turnover of 3.72x, indicating efficient utilization of the asset base.”
N. K. Dujari, page 4 of the filed PDF · View the filing
Cash conversion cycle: 65 days (Q1 FY27)
p. 4
“The cash conversion cycle stands at 65 days.”
N. K. Dujari, page 4 of the filed PDF · View the filing
Corporate sales growth: -14% (Q1 FY27 Y-o-Y)
p. 3
“Corporate sales declined by 14% against a high base in the previous year”
N. K. Dujari, page 3 of the filed PDF · View the filing
Export revenue growth: -3% (Q1 FY27 Y-o-Y)
p. 3
“export revenue declined by 3% due to the continued impact of geopolitical uncertainty on global trade flows”
N. K. Dujari, page 3 of the filed PDF · View the filing
General trade growth: 8% (Q1 FY27 Y-o-Y)
p. 3
“general trade grew by 8%”
N. K. Dujari, page 3 of the filed PDF · View the filing
E-commerce growth: 32% (Q1 FY27 Y-o-Y)
p. 3
“e-commerce registered a robust growth of 32%, supported by sustained demand for our product portfolio and an increasing contribution from LINC On”
N. K. Dujari, page 3 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Polymer prices / cost management — coming quarters
stated as an aspiration by N. K. Dujari
p. 4
“Looking ahead, we are seeing polymer prices ease, and we expect them to normalize over the coming quarters.”
N. K. Dujari, page 4 of the filed PDF · View the filing
Morris of Korea subsidiary / manufacturing facility — commissioning of upcoming manufacturing facility in West Bengal · quarter 3 of FY '27
stated firmly by N. K. Dujari
p. 4
“The development of our subsidiary with Morris of Korea remains linked to the commissioning of the upcoming manufacturing facility in West Bengal which is expected to become operational by quarter 3 of FY '27.”
N. K. Dujari, page 4 of the filed PDF · View the filing
Kenya subsidiary sales momentum — coming quarters
stated as an aspiration by N. K. Dujari
p. 4
“Sales momentum at our Kenya subsidiary has begun to improve, and we expect this positive trend to strengthen over the coming quarters.”
N. K. Dujari, page 4 of the filed PDF · View the filing
LINC On performance — periods ahead
stated as an aspiration by N. K. Dujari
p. 4
“LINC On has remained stable in the current quarter and is expected to gain momentum in periods ahead.”
N. K. Dujari, page 4 of the filed PDF · View the filing
Formal outlook guidance — next quarter
stated conditionally by N. K. Dujari
p. 4
“Given the current uncertainties, we believe it will be prudent to await another quarter to gain better visibility before providing formal guidance on our outlook.”
N. K. Dujari, page 4 of the filed PDF · View the filing
Price hike pass-through decision — another quarter
stated conditionally by N. K. Dujari
p. 5
“We have to take a call after observing the market -- raw material price scenario for another quarter, then probably we will take a call whether we go for another price hike or not.”
N. K. Dujari, page 5 of the filed PDF · View the filing
Margin and overall guidance — second quarter call
stated conditionally by N. K. Dujari
p. 5
“Maybe in the second quarter call, if we have some better visibility, so we will be sharing something on that in the second quarter con call.”
N. K. Dujari, page 5 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said market share was unchanged as the whole industry faced the same raw material issue, and about 50% of the price hike has been passed on to trade so far, with the remainder deferred pending further observation of raw material prices.
Answered by N. K. Dujari
Asked by Sapna Devi: How has market share trended this quarter, has the company taken price hikes to offset commodity inflation, and what proportion has been passed through versus pending, and reflected in margins?
p. 5
“Price hike -- as far as price hike is concerned, we could pass on around 50% of the price hike to the trade. But we have not passed on the entire increase.”
N. K. Dujari, page 5 of the filed PDF · View the filing
Management said the situation remains volatile and they would prefer to wait a few months, potentially sharing guidance at the Q2 call.
Answered by N. K. Dujari
Asked by Sapna Devi: What is the steady-state margin guidance and long-term revenue growth guidance?
p. 5
“As far as the margin guidance and overall guidance is concerned, since the situation is quite volatile, we would like to wait for a few months.”
N. K. Dujari, page 5 of the filed PDF · View the filing
Risks flagged
Higher polymer prices due to supply constraints and elevated crude oil prices pressured margins
p. 3
“The margin pressure was primarily attributable to an increased polymer prices, our principal raw material, driven by supply constraints and higher crude oil prices.”
N. K. Dujari, page 3 of the filed PDF · View the filing
Geopolitical uncertainty affecting export revenue and global trade flows
p. 3
“export revenue declined by 3% due to the continued impact of geopolitical uncertainty on global trade flows.”
N. K. Dujari, page 3 of the filed PDF · View the filing
Volatility in raw material price scenario creating uncertainty for future outlook
p. 5
“Right now, the situation is very volatile.”
N. K. Dujari, page 5 of the filed PDF · View the filing
Ramp-up of international growth initiatives has taken longer than expected
p. 4
“While the ramp-up of these initiatives has taken a little longer than initially envisaged, we believe the foundations being established are robust and well considered.”
N. K. Dujari, page 4 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.