Ambica Agarbathies Q2 profit rises 14% as income grows

Ambica Agarbathies Aroma & Industries Limited reported profit after tax of Rs 1.07 crore for the quarter ended September 30, 2026, up 14% from Rs 93.34 lakh a year earlier, while total income rose 16% to Rs 42.62 crore. The board approved the unaudited second-quarter and half-year results on November 5, 2026.

How did Ambica Agarbathies perform in Q2 FY27?

Ambica Agarbathies increased both quarterly income and profit in the quarter ended September 30, 2026. Total income rose by Rs 5.85 crore to Rs 42.62 crore from Rs 36.77 crore in the quarter ended September 30, 2025, while profit before tax increased to Rs 1.42 crore from Rs 1.25 crore.

Profit after tax was Rs 1.07 crore in Q2 FY27, compared with Rs 93.34 lakh in Q2 FY26. The Rs 13.37 lakh increase equates to 14% based on the reported figures, trailing the 16% increase in total income. Basic and diluted earnings per share were each Rs 0.59, against Rs 0.54 in the prior-year quarter.

Total expenses rose by Rs 5.66 crore year on year to Rs 41.19 crore in Q2 FY27. Finance cost was Rs 2.82 crore, compared with Rs 2.32 crore in Q2 FY26, while depreciation and amortisation expense was Rs 66.76 lakh, against Rs 40.54 lakh. Current tax increased to Rs 35.82 lakh from Rs 31.37 lakh, alongside a deferred-tax credit of Rs 59,000.

What changed from the June 2026 quarter?

Ambica Agarbathies recorded higher income but lower profit after tax than in the June 2026 quarter. Total income increased to Rs 42.62 crore from Rs 26.64 crore in the quarter ended June 30, 2026, whereas profit after tax declined to Rs 1.07 crore from Rs 1.11 crore.

Profit before tax decreased to Rs 1.42 crore from Rs 1.48 crore despite the Rs 15.98 crore sequential rise in total income. Total expenses increased to Rs 41.19 crore from Rs 25.16 crore over the same comparison, while finance cost fell to Rs 2.82 crore from Rs 3.00 crore.

The September-quarter result included cost of material consumed of Rs 4.99 crore, compared with Rs 3.02 crore in the June quarter. Purchases of stock-in-trade rose to Rs 22.38 crore from Rs 12.32 crore, while changes in inventories were an expense of Rs 1.51 crore after a Rs 1.84 crore reduction in the preceding quarter.

Which segments contributed to Ambica Agarbathies' Q2 result?

Ambica Agarbathies' agarbathies division remained the larger revenue contributor in Q2 FY27, reporting Rs 33.28 crore of revenue versus Rs 9.33 crore from the hotel division. In Q2 FY26, the respective revenue figures were Rs 28.38 crore and Rs 8.39 crore, meaning both divisions reported higher revenue year on year.

The agarbathies division's segment profit before tax fell to Rs 1.31 crore from Rs 1.59 crore a year earlier. The hotel division moved to a segment profit before tax of Rs 11.33 lakh from a loss of Rs 34.15 lakh. Together, the two segment results totalled profit before tax of Rs 1.42 crore for the September 2026 quarter.

Sequentially, agarbathies revenue rose from Rs 18.53 crore in the June 2026 quarter to Rs 33.28 crore, while hotel revenue increased from Rs 8.10 crore to Rs 9.33 crore. However, agarbathies segment profit before tax decreased from Rs 2.70 crore to Rs 1.31 crore, and the hotel division moved from a Rs 1.22 crore loss to a Rs 11.33 lakh profit.

What do the half-year results show?

Ambica Agarbathies reported total income of Rs 69.24 crore for the half year ended September 30, 2026, compared with Rs 68.65 crore in the corresponding 2025 period. Profit before tax rose to Rs 2.90 crore from Rs 2.76 crore, and profit after tax increased to Rs 2.17 crore from Rs 2.07 crore.

The half-year profit after tax increase was Rs 10.37 lakh, or about 5%, lower than the 14% growth reported for Q2 alone. Basic and diluted earnings per share were each Rs 1.21 for the half year, compared with Rs 1.20 in the comparable prior-year period.

Agarbathies division revenue for the six months was Rs 51.81 crore, marginally below Rs 51.90 crore a year earlier. Hotel division revenue rose to Rs 17.43 crore from Rs 16.76 crore. Agarbathies segment profit before tax rose to Rs 4.01 crore from Rs 2.98 crore, while the hotel division reported a Rs 1.11 crore loss against a Rs 21.89 lakh loss in the earlier half year.

What changed in Ambica Agarbathies' financial position and cash flow?

Ambica Agarbathies' total assets stood at Rs 259.87 crore on September 30, 2026, up from Rs 244.85 crore on March 31, 2026. Total equity increased to Rs 117.06 crore from Rs 112.73 crore, including equity share capital of Rs 18.03 crore compared with Rs 17.18 crore at the financial year-end.

Total liabilities rose to Rs 142.81 crore at September 30 from Rs 132.12 crore at March 31. Non-current liabilities increased to Rs 98.31 crore from Rs 93.71 crore, and current liabilities rose to Rs 44.49 crore from Rs 36.41 crore. Current borrowings were Rs 26.80 crore, up from Rs 20.17 crore.

Cash used in operating activities was Rs 3.58 crore for the half year ended September 30, 2026, compared with cash generated from operations of Rs 8.02 crore in the corresponding 2025 period. Trade receivables increased by Rs 9.81 crore and other current assets increased by Rs 3.84 crore during the 2026 half year. Cash and cash equivalents were Rs 46.20 lakh at September 30, compared with Rs 28.35 lakh at March 31.

Conclusion

Ambica Agarbathies delivered higher Q2 FY27 income and profit, with total income reaching Rs 42.62 crore and profit after tax reaching Rs 1.07 crore. Both operating segments reported higher revenue than a year earlier, but the agarbathies division's quarterly segment profit before tax declined while the hotel division returned to a profit.

The disclosed half-year figures leave receivables, borrowing levels and operating cash flow as areas to watch. Trade receivables increased by Rs 9.81 crore, current borrowings rose by Rs 6.63 crore from March 31, 2026, and operating cash flow shifted to a Rs 3.58 crore outflow for the half year ended September 30, 2026.