SAHYADRI

Sahyadri Industries financials

Market cap
₹428 Cr
Sector
Construction Materials
Calls analysed
2
Latest concall · Q1 FY26 · call held 13 Aug 2025

Sahyadri Industr Q1 FY26

EBITDA ₹21.7 cr −13%EBITDA Margin 10.1% PAT ₹10.8 cr −14%PAT Margin 5%

What went well

  • Total income stabilized at ₹216 crore in Q1 FY26, showing a strong 41.6% QoQ growth.
  • EBITDA improved 56.7% QoQ to ₹21.7 crore, with EBITDA margin at 10.1% (up from 9.1% QoQ).
  • Capacity utilization increased to 93% in Q1 FY26 from 89% in Q1 FY25, indicating operational efficiency.

What to watch

  • Total income saw a marginal decline of 0.8% YoY in Q1 FY26.
  • EBITDA declined 12.7% YoY to ₹21.7 crore, and EBITDA margin contracted to 10.1% from 11.4% YoY.
Read the full call →

Guidance record · Q1 FY26

what the last two calls moved 6 tracked 0 delivered 0 missed 6 open
  • Value-added product share on track said Q4 FY25 Promised: 20% of total revenues in FY26 Q1 FY26: No specific percentage update, but management reiterated strong focus on non-asbestos/value-added products doubling in 3-4 years.

All 6 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 20.5%, net profit up 145.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue106 131 151 215 125 +18%145 +11%195 +29%259 +20%
EBITDA9 8 13 20 9 +0%13 +63%19 +46%39 +95%
Net profit2 1 4 11 3 +50%5 +400%11 +175%27 +145%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +40.0% 1Y

₹200₹250₹300₹350₹400Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹279.26 on 10 Sept 2025 → ₹390.9. High ₹394.55 (7 Sept 2026), low ₹203.55 (30 Mar 2026).

Financials, as filed

Revenue grew 4.6% a year over 3 years, FY23 to FY26. Operating margin narrowed to 9.0%.

Year endingFY23FY24FY25FY26
Revenue₹594 Cr₹634 Cr₹605 Cr₹680 Cr
Operating profit₹81 Cr₹67 Cr₹54 Cr₹61 Cr
Operating margin13.7%10.6%8.9%9.0%
Interest₹9 Cr₹12 Cr₹7 Cr₹4 Cr
Depreciation₹24 Cr₹24 Cr₹24 Cr₹24 Cr
Net profit₹38 Cr₹26 Cr₹19 Cr₹30 Cr
Net margin6.3%4.1%3.1%4.4%
Cash from operations₹17 Cr₹58 Cr₹54 Cr₹121 Cr
Free cash flow₹-30 Cr₹16 Cr₹35 Cr₹107 Cr
ROCE14.0%10.0%7.0%10.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹10 Cr₹11 Cr₹11 Cr₹11 Cr₹11 Cr₹11 Cr
Reserves₹236 Cr₹293 Cr₹324 Cr₹349 Cr₹379 Cr₹395 Cr
Borrowings₹47 Cr₹80 Cr₹124 Cr₹116 Cr₹35 Cr₹17 Cr
Other liabilities₹87 Cr₹84 Cr₹97 Cr₹84 Cr₹73 Cr₹109 Cr
Total liabilities₹379 Cr₹469 Cr₹557 Cr₹560 Cr₹498 Cr₹532 Cr
Fixed assets₹127 Cr₹128 Cr₹169 Cr₹181 Cr₹180 Cr₹174 Cr
Capital work in progress₹4 Cr₹54 Cr₹36 Cr₹42 Cr₹33 Cr₹33 Cr
Investments₹48 Cr₹21 Cr₹11 Cr₹12 Cr₹5 Cr₹39 Cr
Other assets₹200 Cr₹265 Cr₹340 Cr₹324 Cr₹279 Cr₹285 Cr
Total assets₹379 Cr₹469 Cr₹557 Cr₹560 Cr₹498 Cr₹532 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 7% to 10,467.

Promoters
71.1%
FIIs
0.0%
DIIs
0.0%
Public
28.9%

Since Jun 2025

  • FIIs −0.02 pp
  • Public +0.01 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 71.1%, DIIs 0.0%, Public 28.9%.Dec '23: Promoters 71.1%, DIIs 0.0%, Public 28.9%.Mar '24: Promoters 71.1%, FIIs 0.0%, DIIs 0.0%, Public 28.9%.Jun '24: Promoters 71.1%, DIIs 0.0%, Public 28.9%.Sep '24: Promoters 71.1%, FIIs 0.1%, DIIs 0.0%, Public 28.8%.Dec '24: Promoters 71.1%, DIIs 0.0%, Public 28.9%.Mar '25: Promoters 71.1%, FIIs 0.0%, DIIs 0.0%, Public 28.8%.Jun '25: Promoters 71.1%, FIIs 0.0%, DIIs 0.0%, Public 28.9%.Sep '25: Promoters 71.1%, DIIs 0.0%, Public 28.9%.Dec '25: Promoters 71.1%, DIIs 0.0%, Public 28.9%.Mar '26: Promoters 71.1%, DIIs 0.0%, Public 28.9%.Jun '26: Promoters 71.1%, FIIs 0.0%, DIIs 0.0%, Public 28.9%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Sahyadri Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Vallabh Lalji Patel 8.08%unchanged
Patel Jayesh Purushottam 8.05%unchanged
Patel Chetan Purushottam 7.93%unchanged
Trilochana Vipul Patel 5.28%unchanged
Shilpa J Patel 5.15%unchanged
Patel Purna Chetan 4.86%unchanged
Patel Harsha Jayesh 4.83%unchanged
Geeta Satyen Patel 4.67%unchanged
Parvati Vallabh Patel 3.89%unchanged
Satyen Vallabhbhai Patel 3.74%unchanged
Patel Bharatiben Purushottam 3.29%unchanged
Purushottambhai Laljibhai Patel 3.15%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

All earnings calls (2)

Read the Q1 FY26 call →

Learn to analyse Sahyadri Industries Limited

Guides on how to read this kind of business and the numbers that matter.