BOMBAY DYEING & MFG.CO.LTD. Q1 FY27 Results

Bombay Dyeing's consolidated Q1FY27 PAT was ₹7.08 Cr, down 48.7% YoY from ₹13.81 Cr and down 66.3% QoQ from ₹21.04 Cr, on consolidated revenue of ₹410.80 Cr (up 8.7% YoY, 3.8% QoQ). Standalone PAT was ₹7.00 Cr on the same revenue base; the two bases track closely because the sole subsidiary, PT Five Star Textile Indonesia, is classified as discontinued and immaterial to the Group. The headline YoY decline is overstated, however: Q1FY26 included a one-off ₹5.97 Cr reversal of an earlier-year excess tax provision that pushed that quarter's tax line to a ₹2.67 Cr credit; stripping that out, adjusted PAT YoY is down only about 9.7% (from an adjusted ₹7.84 Cr), not 48.7% — pre-tax profit before exceptional items was in fact roughly flat YoY (₹11.11 Cr vs ₹11.24 Cr consolidated). Against Street, a pre-result preview from Univest had pegged Q1FY27 revenue at ₹295-339 Cr; the actual ₹410.80 Cr beat that range comfortably, though no analyst PAT estimate could be located to check profit against. Management gives no formal guidance on record for this quarter, and no press release accompanying the filing was available to cross-check management's own framing of the print.

NPM (PAT/Total Income) compressed to 1.63% from 4.81% in Q4FY26 and 3.33% a year ago — a genuine sequential and even adjusted-YoY softening. The squeeze sits mainly in the Real Estate segment, which swung to a ₹12.94 Cr loss (from a ₹5.46 Cr profit in Q4FY26 and a ₹4.38 Cr loss a year ago) after the Company began recognising revenue for its THREE ICC project this quarter under Ind AS 115 'over time' — but only to the extent of costs incurred, since the project's completion stage is still early. That produced ₹42.05 Cr of Real Estate revenue against ₹2.81 Cr of employee cost and ₹89.65 Cr of other expenses tied to the project, without matching margin. Other Income also fell sharply, to ₹23.12 Cr from ₹41.86 Cr in Q4FY26 and ₹36.68 Cr a year ago (down 37-45%), removing a further support to PBT. Partly offsetting this, the Polyester segment — the core business — turned profitable at ₹8.14 Cr versus an ₹8.42 Cr loss a year ago, even as Polyester revenue itself fell 2.7% YoY to ₹350.79 Cr.

The stock went into the print at ₹119.95, down 6.1% over the past month of trading.

For context: revenue is at a 6-quarter high.

EPS (basic) ₹0.34 vs ₹1.02 in Q4FY26 and ₹0.67 a year ago

The results were approved alongside the re-appointment of Rajnesh Datt as Manager for a further two-year term from February 2027, and against the backdrop of the Supreme Court issuing notice on July 13, 2026 in SEBI's appeal against the SAT order that had set aside a ₹2.25 Cr penalty and market-access restrictions tied to FY12-18 disclosure allegations — a legacy matter that remains open but is unconnected to this quarter's operating numbers.