StockWatch
·

LA OPALA RG LTD.

BSE: 526947

P/L Snapshot

Q1 FY27 · standalone

vs Q3 FY26·vs Q1 FY26
Revenue
85.05
-8.3%+7.0%
Expenditure
51.68
-13.5%+9.2%
Net Profit
26.20
+9.2%+3.3%
OPM %
36.33%
+1.04pp-0.64pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.0029.7059.3989.09118.79Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q1 FY27
Price Chart
Reports

La Opala Q1 FY27: PAT up just 3% YoY as margins compress despite 9% revenue growth

glass and glassware · margin compression · power and fuel costs

ResultsQ1 FY2712 Aug 20263 minConsumer & Retail

Demand Reset: Can Crockery Maker Prove the Bounce

crockery · opalware · demand recovery

Result previewQ1 FY2711 Aug 20263 minConsumer & Retail
Latest
Board Meeting12 Aug, 6:30 pm

La Opala Q1 FY27: PAT up just 3% YoY as margins compress despite 9% revenue growth

La Opala RG's standalone revenue from operations rose 9.3% YoY to ₹71.36 Cr (₹65.27 Cr in Q1 FY26), but net profit grew only 3.3% YoY to ₹26.20 Cr (₹25.35 Cr), with EPS up marginally to ₹2.36 from ₹2.28. Profit growth trailing revenue growth by a wide margin is the story of the quarter, not the sequential jump — PAT was up 62% quarter-on-quarter from ₹16.17 Cr in Q4 FY26, but that comparison is a seasonality artifact: Q1 (Apr-Jun) is the peak summer season for glass and glassware sales, and Q4 is structurally the weakest quarter for this business, so the QoQ swing should not be read as a trend. The compression sits mainly on the cost line rather than pricing: net profit margin (PAT/total income) slipped to 30.80% from 31.89% a year ago, and operating margin (EBITDA/revenue) eased to 36.33% from 36.97%. Power and fuel costs — a meaningful input for a glass manufacturer — rose 14.1% YoY to ₹15.56 Cr from ₹13.63 Cr, outpacing the 9.3% revenue growth and the single largest driver of expense growth. Depreciation also rose 7.3% YoY to ₹5.35 Cr on the expanding asset base, partially offset by a 24.7% drop in finance costs to ₹0.90 Cr. The effective tax rate ticked up slightly to 21.5% from 21.25% a year ago, a modest additional drag on the bottom line. We have no prior guidance or concall commentary on record for this company, and a web search turned up no quarter-specific Street estimates for Q1 FY27 either — coverage on La Opala is thin, with only a full-year FY27 consensus EPS estimate of ₹9.30 (up from FY26's ₹8.70) available, against which this quarter's ₹2.36 (about 25% of the full-year estimate) is broadly in line with typical seasonal skew toward Q1, though this is an indirect read, not a hard estimate comparison. Management's press release commentary was not available in the extraction context. Separately, and unrelated to this quarter's operating print, the Board also recommended a ₹5/share dividend for FY26 (record date August 20, 2026), filed the FY26 annual report and BRSR, and set the 39th AGM for August 27, 2026 — all concurrent corporate actions rather than drivers of the Q1 FY27 numbers. Going into Q2 FY27, the key markers are whether the power and fuel cost inflation persists (it is the swing factor behind the margin compression) and whether the effective tax rate normalizes back toward the ~21% level seen a year ago.

12 Aug 2026, 06:30 pm

Corporate Events

Board MeetingLAOPALA
2026
27Aug

Board Meeting

The 39th Annual General Meeting (AGM) of La Opala RG Limited…

BSE Filing
DividendLAOPALA
2026
20Aug

₹5 / share

BSE Filing
Board MeetingLAOPALA
2026
12Aug

Board Meeting

The Board of Directors meeting is scheduled to consider and …

BSE Filing
Board MeetingLAOPALA
2026
8Jul

Board Meeting

The Board of Directors considered and approved the appointme…

BSE Filing
Board MeetingLAOPALA
2026
30May

Board Meeting

The board meeting is scheduled to consider and approve the A…

BSE Filing
DividendLAOPALA
2025
7Aug

₹7.5 / share

BSE Filing
Board MeetingLAOPALA
2024
14Nov

Board Meeting

Consider, approve and take on record the Un-Audited Financia…

BSE Filing
DividendLAOPALA
2024
23Sep

₹500 / share

BSE Filing
Board MeetingLAOPALA
2024
13Feb

Board Meeting

Consider and approve Unaudited Financial Results for the Qua…

BSE Filing
Board MeetingLAOPALA
2023
14Nov

Board Meeting

consider, approve and take on record the Un-Audited Financia…

BSE Filing
DividendLAOPALA
2023
21Sep

₹3 / share

BSE Filing
Board MeetingLAOPALA
2023
10Aug

Board Meeting

Consider and approve Unaudited Financial Results for the qua…

BSE Filing