Glottis Earnings Call Transcript: Key Takeaways
Glottis Limited reported strong revenue growth driven by sea exports but faced significant margin compression due to rising freight and operating costs.
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- Guides 10% growth
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Glottis Limited reported strong revenue growth driven by sea exports but faced significant margin compression due to rising freight and operating costs.
Glottis reported Q2 FY27 revenue of ₹2,765 million, up 28.8% YoY, but EBITDA fell to ₹34 million. PAT was a loss of ₹0.2 million for the quarter.
Q2 FY27 revenue Rs 2,765 Mn (+28.8% YoY), EBITDA Rs 34 Mn (1.2% margin), PAT loss Rs 0.2 Mn. H1 revenue Rs 5,110 Mn (+33.5%), PAT Rs 107 Mn (-56.1%). Shift toward export-led business.
Glottis Limited filed its Reg 32 statement confirming no deviation in IPO fund utilisation for the quarter ended September 30, 2026. Gross proceeds of ₹15,999.87 Lakhs were raised, with ₹9,009.54 Lakhs utilised so far.
Glottis's board approved up to ₹60 Crore of interest-free unsecured loans from two Managing Directors. The related-party loans fund working capital and are not at arm's length.
Glottis revised its unsecured inter-corporate loan to wholly owned subsidiary Glottis Inc., now up to US$5 lakh. The interest rate moved to highest borrowing cost plus 0.50% spread.
Glottis Ltd reported revenue from operations of ₹276.5 Cr (+28.8% YoY) and net profit of ₹0.2 Cr (-98.4% YoY) for Q2 FY27.
Glottis Limited has opened a new branch office in Hyderabad, Telangana, effective November 05, 2026. This expansion aims to enhance the company's operational reach and regional customer service.
Glottis Limited concluded its 4th Annual General Meeting on September 28, 2026. Shareholders approved the financial statements and the re-appointment of a Director.
Glottis Limited has incorporated a wholly-owned subsidiary, Glottis Logistics SDN. BHD., in Malaysia. This strategic move aims to expand the company's footprint in freight forwarding.
Glottis Ltd submitted its Annual Report for FY 2025-26. The 4th AGM is scheduled for September 28, 2026, via video conferencing.
Glottis Limited has scheduled its 4th Annual General Meeting for September 28, 2026, to be held via video conferencing. The meeting will address standard ordinary business resolutions.
Glottis Ltd reported Q1 FY27 revenue of Rs 2,345 million, up 39.5% YoY. Management is diversifying into air freight and expanding its owned fleet for better operational control.
Glottis Limited reported Q1 FY27 revenue of ₹234.50 Crore, a 39.5% year-on-year increase. EBITDA for the quarter stood at ₹16.30 Crore with a 6.9% margin.
Glottis reported Q1 FY27 Revenue of ₹2,345 Mn (+39.5% YoY), driven by Sea Import (70% of revenue) and high renewable energy logistics exposure (38%). Strategy focuses on fleet expansion and multi-modal growth.
Glottis Limited filed its Monitoring Agency Report for the quarter ended June 30, 2026. The report confirms no deviation in the utilization of IPO proceeds.
Glottis Ltd reported revenue from operations of ₹234.5 Cr and net profit of ₹10.7 Cr for Q1 FY27.
Glottis Limited has scheduled a board meeting on August 10, 2026. The board will consider unaudited standalone and consolidated financial results for the quarter ended June 2026.
Glottis Ltd filed its quarterly shareholding pattern for the period ending June 30, 2026. The report outlines equity distribución among promoters and public shareholders.
Glottis Limited approved a Rs. 5 Crore inter-corporate loan to its Texas subsidiary. The 5-year loan is unsecured and for working capital.
Glottis Limited reported FY26 revenue of INR 7,226M and PAT of INR 377M (5.2% margin). Performance was impacted by global trade headwinds and softer freight rates in their first year as a listed entity.
Glottis Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The auditor reported full compliance with SEBI regulatory requirements.
Glottis Limited faced a challenging FY26 with revenue declining due to global freight rate softening, despite a recovery in Q4 sequential performance.
Glottis Limited reported FY26 revenue of ₹722.6 Crore with a 6.9% EBITDA margin. The company added 163 new customers despite global shipping rate corrections.
Glottis Limited reported FY26 revenue of ₹7,226 Mn and PAT of ₹377 Mn, navigating a soft global freight environment. The company is transitioning towards a diversified multimodal logistics model with increased focus on air freight and automobile sectors.
Glottis Limited appointed CNGSN & Associates LLP and PKF Sridhar & Santhanam LLP as company auditors. The appointments cover tax, transfer pricing, and internal audit functions.
Glottis Limited restructured its senior management hierarchy, redesignating four roles. The company also appointed Mr. Satheesh as Assistant General Manager effective June 1, 2026.
Glottis Limited reported zero deviations in the utilization of ₹159.99 Crore raised through its IPO. Actual issue expenses were lower than estimated by ₹0.13 Crore.
Glottis Ltd reported revenue from operations of ₹195.9 Cr and net profit of ₹10.7 Cr for Q4 FY26.
Glottis Limited reported consolidated net profit of ₹37.68 Crore for FY 2025-26. The company also approved various auditor appointments for the upcoming fiscal year.