Bombay Super Hybrid Seeds Q1 FY27: PAT up 17% YoY to ₹14.3 Cr, margins dip
PAT +16.59% YoY · revenue +19.38% · margins compressing
₹182.57 Cr
+19.38% YoY
₹14.3 Cr
+16.59% YoY
7.81%
₹1.36
Bombay Super Hybrid Seeds reported standalone Q1 FY27 revenue of ₹182.57 Cr, up 19.4% YoY from ₹152.94 Cr, with net profit of ₹14.30 Cr, up 16.6% YoY from ₹12.27 Cr. The quarter carries no exceptional or prior-period items on either side of the comparison, so the YoY read is clean. Sequentially, revenue jumped 175% and PAT more than tripled over Q4 FY26 (₹66.43 Cr revenue, ₹4.41 Cr PAT) — this QoQ swing is a seasonality artifact typical of the kharif sowing cycle (April-June) for an agri hybrid-seeds business, not a trend signal, and should not be read as sequential momentum.
Q1 FY-2027 vs prior quarters
No year-ago quarter on record — YoY cells may be blank.
Profitability softened marginally YoY: net margin (PAT/total income) was 7.81% versus 8.01% a year ago, and operating margin (revenue less production, inventory, employee and other opex, before finance cost/depreciation) was 9.39% versus 10.04% YoY — roughly 20bps and 65bps of compression, driven by higher purchase/production costs and inventory movement relative to revenue. PAT growth (16.6%) actually outpaced PBT growth (15.7% YoY) only because the effective tax rate eased to 6.2% of PBT from 7.0% a year ago. There is no analyst consensus or brokerage preview available for this micro-cap (BSE 544757, NSE BSHSL), so the print cannot be judged against Street expectations, and the company has issued no formal guidance or outlook on record, so vs-guidance is also unknown rather than met or missed. Management's only other disclosure this quarter was the June 2026 announcement of a ₹1.40 Cr land purchase for expansion at its Rajkot facility — too small to move this quarter's numbers but a marker to watch for future capacity. No press release accompanied the results; the filing is limited to the SEBI-mandated financial statement and board-meeting outcome letter.
What the summary numbers don't show
Results are unaudited standalone figures with an unmodified limited-review opinion from the statutory auditor; no consolidated statement filed
W1
Whether YoY margin compression persists into Q2 FY27 (post-Kharif) — OPM was 9.39% this quarter vs 10.04% a year ago
W2
Full-year FY27 trajectory against the FY26 base (₹344.08 Cr revenue, ₹26.66 Cr PAT), given Q1's outsized seasonal weight
W3
Follow-through on the ₹1.40 Cr Rajkot land purchase announced in June 2026 — any capacity/capex updates in coming quarters
Only a standalone statement is filed (no consolidated section); figures converted from ₹ Lakhs to ₹ Crore; no exceptional/prior-period items in current or comparative quarters; results are unaudited, limited-reviewed with an unmodified opinion.