StockWatch
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Knack Packaging Ltd

BSE: 544814

P/L Snapshot

Q1 FY27 · standalone

Revenue
259.10
Expenditure
217.19
Net Profit
31.51
OPM %
20.82%

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.0072.55145.09217.64290.19Q1 FY27
Price Chart
Reports

40% Growth Delivered, Zero Forward Guidance: The Knack Paradox

growth · capacity · guidance

Result verdictFollow-upQ1 FY2713 Aug 20266 min

Strong debut: 40% growth, margin expansion, capacity tied to execution

pinch-bottom growth · Cargill expansion · capacity 70k tons

TranscriptDeep diveQ1 FY2713 Aug 20266 min

Knack Packaging's first post-listing print: consolidated PAT +48% YoY, margins expand

pp woven bags · packaging exports · post-ipo debut

ResultsQ1 FY2709 Aug 20263 min
Latest
Board Meeting9 Aug, 5:00 pm

Knack Packaging's first post-listing print: consolidated PAT +48% YoY, margins expand

In its first result since listing on NSE and BSE on July 8, 2026, Knack Packaging reported consolidated revenue of ₹262.5 Cr for Q1 FY27, up 41.1% YoY (₹186.0 Cr in Q1 FY26) and 22.5% QoQ (₹214.3 Cr in Q4 FY26). Consolidated PAT came in at ₹30.5 Cr, up 47.9% YoY and 24.9% QoQ, with EPS of ₹3.05 versus ₹2.06 a year ago. Standalone PAT grew faster, +58.9% YoY to ₹31.5 Cr (EPS ₹3.15), because the consolidated number carries a ₹3.4 Cr share-of-loss from the company's Mexican joint venture, Sayem Knack S.A. de C.V., which was barely active in the year-ago quarter — a genuine but non-recurring-in-comparison drag rather than a like-for-like divergence in the core business. Margins expanded on both bases: consolidated operating profit (before JV share, exceptional items and tax) came in at 17.3% of revenue versus 15.0% YoY and 15.4% QoQ. Cost of materials consumed rose faster than revenue (+58.8% YoY on a standalone basis), but this was cushioned by a sharp build-up in finished-goods and work-in-progress inventory (₹31.6 Cr consolidated, versus ₹6.7 Cr a year ago), which mechanically reduces the cost-of-goods-sold line for the quarter — a driver worth watching for reversal once that inventory is sold through. There is no exceptional item in the current or comparison quarters (the ₹1.08 Cr Labour Codes charge sits only in FY26 full-year figures), so no raw-vs-adjusted growth split is needed here. We have no prior guidance or concall commentary on record for this company, and being freshly listed there is no analyst/street consensus estimate available for this quarter — a web search for Q1 FY27 previews returned only news of the scheduled August 10, 2026 earnings call, not estimates, so vsStreet and vsGuidance are both unknown rather than assumed. No separate management press release was available in the context to cross-check against the numbers. The quarter's other corporate action — a July 15, 2026 lease of additional factory, plant and machinery to expand capacity — lines up with the strong revenue print and is the more relevant forward marker than the routine CS/Compliance Officer appointment disclosed alongside these results.

9 Aug 2026, 05:00 pm

Corporate Events

Board MeetingKNACK
2026
9Aug

Board Meeting

The Board of Directors meeting is scheduled to consider and …

BSE Filing ↗
Board MeetingKNACK
2026
15Jul

Board Meeting

The Board approved taking on sub-lease of factory land and b…

BSE Filing ↗