StockWatch
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Moschip Technologies Ltd

BSE: 532407

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
103.16
-26.4%-12.9%
Expenditure
102.97
-24.7%-5.1%
Net Profit
0.20
-91.2%-98.0%
OPM %
5.49%
-5.75pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.0039.2378.46117.69156.92Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Q1 FY27 Earnings: Where Growth Met Margin Pressure

Q1 FY27 · earnings · margin compression

ResearchDeep dive25 Jul 20266 minBanking

MosChip Q1: consolidated PAT slumps 78% YoY to ₹2.4 Cr as costs bite, product arm slips to loss

semiconductor design · product engineering · margin compression

ResultsQ1 FY2724 Jul 20263 minTechnology / IT
Latest
Board Meeting24 Jul, 10:00 pm

MosChip Q1: consolidated PAT slumps 78% YoY to ₹2.4 Cr as costs bite, product arm slips to loss

MosChip Technologies opened FY27 with a sharp deterioration on a comparable (restated) base: consolidated revenue fell 14.3% YoY to ₹116.2 Cr and net profit collapsed 77.6% to ₹2.4 Cr (EPS ₹0.13 vs ₹0.57), dragging net margin to 2.1% from 8.0% a year ago. The quarter is weak on every axis — the print is also down sequentially (revenue −24% QoQ, PAT −69% QoQ), though Q4 is the seasonally strongest quarter for a design-services business, so YoY is the cleaner read and it points the same way: down. The margin bridge sits on two lines. Employee benefit expense rose 29.5% YoY to ₹89.2 Cr even as revenue fell — it now absorbs ~77% of sales versus ~51% a year ago — while finance costs (₹2.1 Cr vs ₹0.9 Cr) and depreciation (₹6.1 Cr vs ₹4.8 Cr) also climbed. The business-mix damage is in Product Engineering Solutions, where revenue fell ~44% YoY to ₹18.4 Cr and the segment swung to a ₹2.6 Cr loss (from a ₹2.4 Cr profit); the larger Silicon Engineering Solutions segment held roughly flat (−5% to ₹97.8 Cr, segment result up to ₹27.9 Cr). Standalone tells a starker story — PAT of just ₹0.20 Cr, essentially breakeven, versus ₹9.1 Cr a year ago; the ₹2.4 Cr consolidated profit is almost entirely the US subsidiary (₹2.1 Cr PAT), a >3% divergence readers should note. There is no formal management guidance on record and no reliable street consensus for a company this size, so the print can't be scored against an external bar. The concurrent board actions were housekeeping — 3,57,000 fresh ESOPs granted and the previously-approved Softnautics amalgamation (appointed date April 2025) now reflected in restated comparatives — neither offsets the operating miss. The result confirms operating deleverage: a cost base built for growth meeting a quarter where growth reversed, with the product-engineering segment the immediate cause.

24 Jul 2026, 10:00 pm

Corporate Events

Board MeetingMOSCHIP
2026
24Jul

Board Meeting

The meeting of the Board of Directors of the Company is sche…

BSE Filing
Board MeetingMOSCHIP
2026
16Apr

Board Meeting

To consider and approve the Preferential Issue of Equity sha…

BSE Filing
Board MeetingMOSCHIP
2026
31Jan

Board Meeting

Consider and approve Next Board Meeting scheduled, consider …

BSE Filing
Board MeetingMOSCHIP
2025
24Oct

Board Meeting

considering and approving the unaudited financial results (S…

BSE Filing
Board MeetingMOSCHIP
2025
30Jul

Board Meeting

consider and approve Board Meeting Obligations & Disclosure …

BSE Filing
Board MeetingMOSCHIP
2025
21May

Board Meeting

Consider and approve Board Meeting Scheduled, Audited financ…

BSE Filing
Board MeetingMOSCHIP
2025
30Jan

Board Meeting

Considering and approving next board meeting obligations and…

BSE Filing
Board MeetingMOSCHIP
2024
6May

Board Meeting

To consider and approve Audited financial results (Standalon…

BSE Filing
Board MeetingMOSCHIP
2024
17Jan

Board Meeting

To consider and take on record the un-audited financial resu…

BSE Filing
Board MeetingMOSCHIP
2023
25Nov

Board Meeting

Consider and approve Preferential Issue of Equity

BSE Filing
Board MeetingMOSCHIP
2023
4Nov

Board Meeting

Consider and approve the un-audited financial results (Stand…

BSE Filing