Rossell Techsys Q1FY27: consolidated PAT +117% YoY to ₹7.14 Cr as OPM expands to 14.4%
PAT +116.54% YoY · revenue +77.11% · margins expanding
₹154.46 Cr
+77.11% YoY
₹7.14 Cr
+116.54% YoY
4.59%
+0.9pp YoY
₹1.89
On a consolidated basis (primary), Rossell Techsys reported revenue of ₹154.46 Cr, up 77.1% YoY and 8.7% QoQ, with PAT of ₹7.14 Cr, up 116.5% YoY but down 5.1% QoQ; basic EPS was ₹1.89 versus ₹0.87 a year ago and ₹2.00 last quarter. Standalone tells the same story (PAT ₹6.98 Cr, EPS ₹1.85) — the 2.2% gap to consolidated is immaterial and traces to the single US subsidiary, Rossell Techsys Inc, which contributed roughly ₹0.15 Cr of PAT on ₹6.76 Cr of revenue (unaudited, before consolidation adjustments, per the auditor's review report).
Q1 FY-2027 vs prior quarters
The margin story is two-sided. Operating margin (EBITDA excluding other income, over revenue from operations) expanded to 14.36% from 12.59% a year ago and 11.35% last quarter — operating leverage is building as the company scales. But net margin eased to 4.58% from 5.12% in Q4FY26 (still up from 3.72% a year ago), because finance costs jumped 27% QoQ and 105% YoY to ₹9.78 Cr, tracking the ₹441.87 Cr of working-capital loans disclosed in the filing. The cost of funding growth is now visibly showing up below the operating line even as the core business improves.
The stock went into the print at ₹972.05, up 4.6% over the past month of trading.
For context: this is the second-highest quarterly PAT of the last 6 quarters; revenue is at a 6-quarter high.
Management guides for a repeat of FY26's 87% revenue growth in FY27, driven by a 300-400% expansion in the semiconductor and space segments. EBITDA margins are expected to improve and return to the 17% to 22% range as the benefits of recent investments are realized. The company is actively pursuing a QIP to fund signif
— This quarter: missed
No analyst estimates specific to this quarter turned up in a web search (only trailing/full-year figures were found), so vsStreet is unknown. Against management's own May 2026 guidance — repeating FY26's 87% revenue growth via 300-400% expansion in semiconductor and space, with EBITDA margins returning to a 17-22% band — Q1's 77.1% YoY revenue growth and 14.36% OPM are moving in the guided direction but have not yet reached either explicit target; this is only the first quarter of the guided year, and growth/margin ramps in this business have historically been backloaded. No exceptional items sit in either the current or year-ago quarter, so the YoY comparison is clean, and the company still reports a single segment (wire harness and interconnect engineering/manufacturing) with no segment-level split disclosed. No separate management press release commentary accompanied this filing.
W1
Whether H2 acceleration lifts full-year revenue growth toward management's guided ~87% pace (Q1 running at 77.1% YoY)
W2
OPM trajectory toward the guided 17-22% range from today's 14.36%, as semiconductor/space volumes scale
W3
Finance cost trend (₹9.78 Cr this quarter, +27% QoQ) against ₹441.87 Cr of working-capital debt, and whether the flagged QIP materializes to fund growth without further leverage
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