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Earnings Call

Mamata Machinery Earnings Call: Key Takeaways

FY26 was a consolidation year hit by a 50% decline in U.S. business due to tariffs and macro uncertainty. Company focuses on geographic diversification into Europe and Africa.

Why this was an Alfa AlertNot a filter event. Financials showed a decline, and future guidance of 15% is below the 50% threshold.
Highlights
Revenue growthFY26 revenue fell 8% YoY; Q4 revenue dropped to ₹73.9cr vs ₹111cr.
MarginsGross margins: Exports ~60%, Domestic 42-43%; EBITDA hit by one-offs.
Order book₹89.59cr total; ₹80cr executable in H1FY27.
Demand visibilityStrong visibility with year-end order book up 34% to ₹89.59cr.
Management confidenceHigh confidence in FY27 recovery as U.S. headwinds ease.

Growth

FY26 revenue declined 8% to ₹233.1cr; EBITDA fell to ₹19.1cr (8.2% margin) from ₹54.64cr (21.4% margin) YoY.

Outlook

Conservative FY27 revenue growth target of 15% with margins normalizing toward historical 20% levels as exports recover.

Risks

Heavy dependence on U.S. export market; raw material price volatility; West Asia conflict impacting shipments and sentiment.

Last quarter's promises, checked

Delivered

  • Guided ₹64cr packaging revenue → delivered ₹64cr (= BEAT)
  • Guided ₹134cr order execution in H2FY26 → delivered ₹233.1cr FY26 total (= BEAT)
  • Maintain debt-free status → delivered ₹0 debt (= BEAT)

Partly delivered

  • Guided normal PAT recovery in Q3/Q4 → delivered partial recovery hit by one-offs (= PARTIAL)

Missed

  • Guided 15-20% EBITDA margin → delivered 8.2% (= MISS)
  • Guided 18-20% long-term growth → delivered -8% revenue (= MISS)
  • Guided US headwinds as transient → delivered 50% US business decline (= MISS)
Source

Earnings Call filed with BSE, NSE: MAMATA. Summary written with AI assistance from the document.

Read the document ↗

Mamata Machinery Ltd: key numbers

Share price
₹411.90
Market cap
₹1,014 Cr
Revenue (annual)
₹233.0 Cr
Net profit (annual)
₹15.05 Cr
P/E (TTM)
113.4×Sector 53.6×
Promoter holding
62.45%+0.00% QoQ
FII holding
0.35%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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