Tarsons Products Ltd — earnings calls

Tarsons reported consolidated revenue of Rs 110 crores in Q1 FY27, up around 21% year-on-year, with standalone revenue of Rs 86 crores also growing 21% and marking the company's highest ever Q1 standalone revenue. Management said domestic sales grew 17% and exports grew 29%, while gross and EBITDA margins were impacted by a sharp rise in raw material costs and higher costs from newly commissioned facilities. Management described the Panchla and Amta capacity expansion as nearing completion, with remaining lines expected to be commissioned in Q2 FY27 and fuller revenue contribution expected from FY28 onwards.

Tarsons reported its highest-ever quarterly revenue in Q4 FY26 at INR121 crores on a consolidated basis, up 7.4% year-on-year, while FY26 consolidated revenue was INR426 crores, up 7.7%. Domestic standalone revenue grew strongly while exports declined due to Middle East geopolitical disruption and elevated raw material and freight costs, which also compressed gross and EBITDA margins in the quarter. Management said the large capex program is nearing completion, with full commissioning expected in the first half of FY27, and that depreciation and interest costs weighed on PAT during the year.