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Revenue
₹41 Cr
verified against source
Revenue YoY
25%
reported change
EBITDA
₹11 Cr
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Monolithisch India delivered a record Q4 FY26 with revenue of ₹41 Cr (+25% YoY), EBITDA of ₹11 Cr (+75% YoY), and PAT of ₹8 Cr (+81% YoY). EBITDA margin expanded to 28.1% (+800bps YoY), driven by higher volumes, improved product mix from the premium HGB Limited product, and operational efficiencies from brownfield expansion. For FY26, consolidated revenue grew 39% YoY to ₹125 Cr, with EBITDA margin at 23.6%. Management guided FY27 revenue of ₹250-300 Cr and EBITDA margins of 22-25%, supported by the new greenfield capacity (total 5.76 lakh MTPA) and strong customer migration to HGB Limited. Key risks include raw material price volatility and potential supply chain disruptions from global trade tensions.
Colored figures show movement against the previous available record.
Guidance to track
- Management guided FY27 consolidated revenue between ₹250-300 crore, driven by capacity expansion and volume growth.
- EBITDA margins expected in the range of 22-25% for FY27, supported by improved product mix and operational efficiencies.
- Q1 FY27 revenue expected between ₹52-55 crore, indicating strong sequential growth.
- At 85-90% utilization of the expanded capacity, the company can achieve peak revenue of ₹450-500 crore.
Risks flagged
- Fluctuations in prices of key inputs like boric acid and boron oxide could impact margins. Management noted they manage this through inventory strategy.
- Global trade tensions (e.g., US tariffs) could affect additive supply and pricing. Management acknowledged building inventory as a hedge.
- The new greenfield project may face delays or cost overruns. Management provided no specific timeline for full ramp-up.
- Small regional players may exit due to volatility, but new entrants could pressure pricing. Management expressed confidence in their scale advantage.
Key quotes
- We are confident of becoming the largest manufacturer of ramming mass by late Q1 FY27 to early Q2 FY27.
- The product sets a new benchmark in the ramming mass industry with a unique warranty back proposition, first of its kind in the segment.
- We are trying to establish ourselves as the best in class in terms of both customers and shareholders value. We will not leave any stone unturned.
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