Elantas Beck India Q1CY26: Revenue ₹222 Cr, PAT ₹31 Cr

What changed in the latest quarter

Elantas Beck India Ltd, a specialty chemicals company, reported its unaudited financial results for the quarter ended March 31, 2026. The Board approved the statement of unaudited results at its meeting held on May 12, 2026, after review by the Audit Committee. A limited review report was issued by Price Waterhouse Chartered Accountants LLP, as disclosed by the company. The results were published in the Financial Express and Loksatta on May 14, 2026, under Regulation 47 of SEBI LODR.

The quarter’s numbers show revenue growth versus both the previous quarter and the year-ago quarter, but profit declined. Alongside earnings, the company has also disclosed corporate actions and compliance updates, including trading window closures under SEBI insider trading rules.

Stock snapshot and trading venue

On BSE, Elantas Beck India’s price was shown at ₹10,514.15, down ₹207.80 (-1.94%), with the update timestamped Thu 25 Jun, 2026 | 15:29:39. Another snapshot in the provided data shows a fall of -₹194.15 (-1.98%) as on 12 May, 2026 | 16:01. The stock is stated as “not traded on NSE” in one section of the data, while another section lists an NSE symbol reference; the BSE identifier provided is BSE: 500123.

The 52-week range shown is ₹7,111.00 to ₹14,250.00. The “current price” in the dataset is ₹10,165.00, and the market capitalization is listed as ₹8,058.49 (unit not stated in the source).

Q1CY26 headline numbers: revenue up, profit down

For Q1CY26 (quarter ended March 31, 2026), total income was reported at ₹222.17 crore, up 3.24% QoQ from ₹215.20 crore and up 7.78% YoY from ₹176.58 crore. Operating profit (operating income) came in at ₹37.62 crore, down 3.98% QoQ but up 5.33% YoY. Profit after tax (net income) was ₹31.08 crore, down 21.04% QoQ and down 5.43% YoY.

Operating margin for the quarter was disclosed at 16.93%, with a YoY change of -2.28% (as stated in the results highlights). Diluted normalized EPS was ₹39.21 versus ₹49.66 in the preceding quarter, and ₹46.56 in the year-ago quarter.

Cost line items that moved during the quarter

Total operating expense was ₹184.55 crore, up 4.85% QoQ from ₹176.02 crore, and up 8.29% YoY from ₹142.13 crore. Other operating expenses rose to ₹31.18 crore from ₹24.90 crore QoQ, a 25.22% increase, and were higher by 36.66% YoY. Selling, general and administrative expenses were ₹15.03 crore, down 9.95% QoQ but up 24.44% YoY.

Depreciation and amortization was ₹5.73 crore compared with ₹5.80 crore in the prior quarter and ₹3.10 crore in the year-ago quarter. Net income before taxes was ₹40.42 crore, down 23.51% QoQ and down 8.75% YoY.

Segment performance: Electrical Insulations leads revenue

The Electrical Insulations segment reported revenue of ₹177.54 crore in Q1CY26, compared with ₹169.17 crore in the previous quarter and ₹169.09 crore in the corresponding quarter of the prior year. The segment result (profit) for the quarter was ₹34.11 crore.

The Engineering and Electronic Resins and Materials segment reported revenue of ₹44.65 crore, compared with ₹46.10 crore in the prior quarter and ₹37.10 crore in the year-ago quarter. The segment result (profit) for the quarter was ₹12.62 crore.

Total segment assets were reported at ₹1,227.07 crore as of March 31, 2026.

FY25 audited numbers and dividend recommendation

For the year ended December 31, 2025 (standalone audited), the company reported total income of ₹895.94 crore. Profit before tax was ₹198.54 crore, and net profit was ₹147.78 crore. The Board recommended a final dividend of ₹7.50 per equity share (face value ₹10), subject to shareholder approval, and the dataset also states a dividend of ₹7.50 declared on 05 May, 2026.

These disclosures provide a bridge between the annual audited performance through December 2025 and the more recent quarterly movement into March 2026.

Board meeting, publication, and compliance updates

Elantas Beck India announced it would hold a Board Meeting on Tuesday, May 12, 2026, to approve the unaudited financial results for the quarter ended March 31, 2026. The company also stated it would close its trading window for designated persons from April 1, 2026, until 48 hours after the results declaration.

Separately, the company submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 30 June 2026.

Trading window closure for June 2026 quarter results

The dataset also notes a fresh trading window closure effective July 1, 2026. This closure applies to designated persons, their immediate relatives, and other insiders, and it will remain closed until 48 hours after the announcement or declaration of unaudited financial results for the quarter and half year ended June 30, 2026. The Board meeting date to approve these results was stated as pending, with the company indicating it would be intimated in due course.

Capacity expansion: ₹56 crore investment at Ankleshwar

On June 02, 2026, the Board approved a ₹56 crore investment to expand manufacturing capacity at its Ankleshwar plant in Gujarat. The planned expansion is 11,000 MT per year over an existing 35,000 MT per year capacity. The plant was stated to be operating at 90% utilisation. The project is to be financed through internal accruals and targeted for completion within 12 months.

The stated objectives include improving flexibility, reducing bottlenecks, and strengthening supply reliability.

Key numbers at a glance

Corporate actions and event timeline

Why this update matters for investors

The quarter shows a clear split between growth in revenue and pressure on profitability. Revenue rose to ₹222.17 crore, but PAT declined to ₹31.08 crore versus ₹39.37 crore in the previous quarter. The movement in operating expenses and other operating expenses is visible in the quarterly table, and operating margin was disclosed at 16.93%.

At the same time, the company has committed ₹56 crore toward capacity expansion at Ankleshwar, with a defined capacity addition of 11,000 MT per year and a 12-month completion timeline. For shareholders, the ₹7.50 per share dividend recommendation for the year ended December 31, 2025 remains a key corporate action referenced in the disclosures.

What to watch next

The company has stated that the Board meeting date to approve unaudited results for the quarter and half year ended June 30, 2026 is pending and will be communicated. The trading window closure from July 1, 2026 remains in effect until 48 hours after those results are announced. Investors tracking Elantas Beck India will likely focus on the next earnings release timeline and updates on the Ankleshwar project execution, given the stated 12-month completion schedule.