Mamata Machinery Ltd Q1 FY27 Results — Earnings Call Analysis

Published 24 Jun 2026 | Industrial Manufacturing | Market Cap: ₹985 Cr

- FY27 revenue expected to grow about 15% higher than FY26, recovering from the degrowth experienced due to U.S. - FY27 outlook expects a ~15% increase in top-line compared to FY26, signaling recovery and growth (Page 12).

From Mamata Machinery Ltd's Q4 FY26 earnings-call transcript · updated 24 Jun 2026.

Price

410

Market Cap

₹985 Cr

P/E Ratio

23.4

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Mamata Machinery Ltd rank in Industrial Manufacturing?

Compare Mamata Machinery Ltd against every Industrial Manufacturing company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Mamata Machinery Ltd — Quarterly revenue & net profit

Revenue Net Profit
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹67 Cr, net profit ₹8 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • FY27 revenue expected to grow about 15% higher than FY26, recovering from the degrowth experienced due to U.S. market challenges.
  • Packaging segment targeting 30-40% growth in domestic market in FY27, supported by a strong pipeline and new geographic expansions (Africa, Europe, Russia).
  • Recovery in U.S. packaging and converting segments expected, with some orders already secured in Q4 FY26 to be executed in FY27.
  • Incremental revenue from Europe expected to be US$2-3 million conservatively over 3-5 years, leveraging partnerships and new market entry strategies.
  • Co-extrusion business growth supported by advanced nine-layer co-extrusion projects with deliveries in H2 FY27.
  • Domestic converting business and rest-of-world sales growing steadily, partially offsetting U.S. market drop.
  • Overall, a return to growth trajectory with potential for margin normalization as top line recovers.

📈 Profitability & Margins

Rank 3
  • FY27 outlook expects a ~15% increase in top-line compared to FY26, signaling recovery and growth (Page 12).
  • Profitability is anticipated to normalize to historical averages (~20% EBITDA margin) as revenues recover and one-off costs subside (Page 6).
  • Growth trajectory aiming for 18-20% consolidated growth long-term, though FY27 growth is conservatively pegged at ~15% due to FY26 base effect (Page 12).
  • Margins expected to be maintained going forward by passing on input cost increases to customers (Page 12).
  • Incremental revenue growth, especially from domestic packaging and new technology adoption (e.g., RecTech), supports future earnings (Pages 5, 18).
  • European market expansion expected to generate incremental revenues of US$2-3 million over next 3-5 years (Page 15).
  • Operational efficiency and strategic initiatives provide growth visibility with a strong start to FY27 (Page 8).

🏗️ Capital Expenditure Plans

Yes
  • Mamata Machinery has maintained a strong cash position of Rs. 69.26 crores by FY26 with zero debt, which acts as a war chest for risk mitigation and internal approvals for expansion or new technology investments.
  • The company is focused on strategic initiatives including geographic expansion into Europe (Germany), Africa (South Africa), and CIS countries (Russia) through local partnerships and branch offices.
  • Investments are being made in technology development, such as the recent launch of RecTech recyclable packaging technology targeting FMCG companies.
  • Partnerships with German firms for packaging machinery enable leveraging technology upgrades and new product lines, particularly for European market entry.
  • No explicit large-scale capex numbers disclosed, but the emphasis is on conservative, incremental growth with internal funding for expansions and strategic channel development.

💰 Fundraising & Capital Structure

No information
  • As of the end of FY26, Mamata Machinery Limited remains debt-free.
  • The company has maintained a strong cash balance of Rs. 69.26 crores.
  • This cash reserve acts as a war chest for risk mitigation and funding internal expansions or investments in new technologies.
  • There are no current plans to raise funds through debt or equity as the company can finance its growth and risk management internally.
  • The management emphasizes that they do not need to borrow money for expansions or technology investments at this stage.

📋 Order Book & Pipeline

Yes
  • As of FY26, Mamata Machinery has an order book worth Rs. 89 crores.
  • Within this, there is a significant order of Rs. 9 crores for a 9-layer co-extrusion line scheduled for H2 FY27.
  • The remaining Rs. 80 crores of the order book is expected to be executed in H1 FY27.
  • The order book split between domestic and exports is approximately 38% domestic and 62% exports.
  • There are three large co-extrusion orders from FY26: two machines have been executed during FY26, and one machine is scheduled for execution in H2 FY27.
  • Some machines (around Rs. 3.5 crores in value) are on the shop floor ready but delayed for shipment to Saudi Arabia because of the West Asia crisis.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

No information

Order Book

Yes

Frequently Asked Questions

What were Mamata Machinery Ltd Q1 FY27 results?

- FY27 revenue expected to grow about 15% higher than FY26, recovering from the degrowth experienced due to U.S. - FY27 outlook expects a ~15% increase in top-line compared to FY26, signaling recovery and growth (Page 12).

What is Mamata Machinery Ltd share price analysis?

Mamata Machinery Ltd currently shows a below-average growth signal. The stock trades at a P/E of 23.4 with a market cap of ₹985. Investors should review the full earnings analysis for detailed insights.

Is Mamata Machinery Ltd planning capital expenditure?

- Mamata Machinery has maintained a strong cash position of Rs.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What Mamata Machinery Ltd's management said in earlier quarters

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