Cello World Ltd Q1 FY26 Results

Cello reported a steady start for the year, delivering a year-on-year revenue growth of 6%, reaching Rs. 529 Cr while achieving its highest-ever gross profit margin of 54.0%. This improvement underscores the Cello’s manufacturing excellence. Despite this improvement, over EBITDA margin declined by 380 bps, due to additional operational costs pertaining to the new glassware facility. We expects this to stabilize once the glass facility ramps in the future. Our core consumer-ware segment sustained positive momentum, driven by standout categories such as hydration, opalware, and glassware, whereas segments like writing instruments and furniture remained subdued this quarter. Looking ahead, we are committed to further enhancing our omnichannel presence to broaden our product reach across India with a focus on premiumization and a stable margin profile. We maintain a positive outlook for H2 FY26 driven by revival in consumer demand across categories.