| Revenue growth | 67% YoY in FY26; targeting 50% for FY27. |
|---|---|
| Margins | EBITDA margin improved from 13% to 20% in FY26. |
| Demand visibility | Strong seasonality in H2 due to festivals and winter. |
| Management confidence | High, seeing strong momentum in H1 FY27. |
Growth
Revenue reached ₹80cr in FY26 vs ₹48cr in FY25; PAT surged 260% YoY to ₹11.22cr.
Outlook
Guidance of 50% growth for FY27 and next 3 years; new warehouse in Ludhiana planned for 2027.
Risks
High concentration in North India; weak demand for color cosmetics in humid weather (H1); quick commerce remains loss-making.
Earnings Call filed with BSE, BSE: 544755. Summary written with AI assistance from the document.
Recode Studios Ltd: key numbers
- Share price
- ₹432.05
- Market cap
- ₹459.9 Cr
- Revenue (annual)
- ₹79.95 Cr
- Net profit (annual)
- ₹11.22 Cr
- P/E (TTM)
- 41.0×Sector 41.3×
- Promoter holding
- 65.18%
- FII holding
- 0.64%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Recode Studios Ltd
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