Mallcom (India) earnings calls.

Mallcom reported Q3 FY26 consolidated operating revenue of INR 131 croreCurrent reported value: INR 131 crore. No comparable prior figure is available in the source record. (11.5Current reported value: 11.5. No comparable prior figure is available in the source record.% YoY), with EBITDA at INR 19 croreCurrent reported value: INR 19 crore. No comparable prior figure is available in the source record. (27% YoY) and PAT at INR 10 croreCurrent reported value: INR 10 crore. No comparable prior figure is available in the source record. (13Current reported value: 13. No comparable prior figure is available in the source record.% YoY). The margin recovery to 14.7Current reported value: 14.7. No comparable prior figure is available in the source record.% EBITDA was driven by better export realizations due to rupee depreciation, stable raw material prices, and higher domestic safety suits sales—reversing the one-off pressures from Q2. Management noted that 9-month revenue reached INR 393 croreCurrent reported value: INR 393 crore. No comparable prior figure is available in the source record. (13% YoY) but flagged that full-year growth may not reach the 20% target due to subdued European and North American export markets. The newly commissioned Sanand (Gujarat) and Chandipur (West Bengal) facilities are running at 40-50%Current 40-50%. Reported change: Target 80-90% by March. utilization with ramp-up targeted to 80-90% by March. The company is pivoting toward higher value-added products (now ~40%Current ~40%. Reported change: Up from 5-7%. of portfolio vs. 5-7% previously) and branded sales (approaching 50/50 mix vs. 65/35 two years ago). Key risks include export demand weakness in Europe (50%+ of export revenue), pricing pressure from competitors, and near-term margin compression as new facilities scale. The EU-India FTA and new glove production lines (6-7 planned, 2 ordered for Q1 FY27) represent potential catalysts.