Knack Packaging Q1 FY27: profit jumps 48% post IPO

Overview: first quarterly print after the July 2026 IPO

Knack Packaging Limited has reported a sharp year-on-year improvement in Q1 FY27, marking its first quarterly financial disclosure after concluding its IPO in July 2026. The Ahmedabad-based company, which manufactures woven fabrics and bags, said consolidated revenue and profit rose strongly for the quarter ended June 30, 2026. Consolidated revenue from operations grew 41% to ₹262.46 crore, compared with ₹186.01 crore in Q1 FY26. Consolidated net profit after tax increased 48% year-on-year to ₹30.53 crore from ₹20.64 crore. The company also reported earnings per share (EPS) of ₹3.05 for the quarter. The results provide the first post-listing view of operating performance and cost trends for investors tracking the packaging and woven fabric segment.

Board approval and SEBI disclosure

The company said its Board of Directors met on August 09, 2026, and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The approval was stated to be in line with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement date for the quarterly results is also cited as Aug 09, 2026 in the information provided. Separately, the company intimated stock exchanges about an investor interaction, filing the earnings call intimation on August 05, 2026 under Regulation 30 of the same SEBI regulations. Together, these disclosures outline both the formal approval process and the company’s near-term communication schedule with investors and analysts.

Consolidated results: revenue, profit, and EPS

On a consolidated basis, Knack Packaging reported revenue from operations of ₹262.46 crore in Q1 FY27, up 41% from ₹186.01 crore in the year-ago quarter. Net profit after tax rose to ₹30.53 crore, a 48% increase from ₹20.64 crore. EPS for the quarter stood at ₹3.05, matching the 48% year-on-year rise referenced alongside profitability. The company’s consolidated profit before tax (PBT) was reported at ₹41.84 crore, up from ₹27.85 crore in Q1 FY26. Other income increased to ₹2.31 crore from ₹1.11 crore, reflecting a sharp year-on-year rise in non-operating income. Total comprehensive income for the group was stated at ₹30.27 crore.

Standalone performance signals core strength

The company’s standalone results also showed strong growth, pointing to robust performance in the core business. Standalone revenue from operations increased to ₹256.82 crore in Q1 FY27 from ₹183.02 crore in Q1 FY26. Standalone net profit rose 59% year-on-year to ₹31.51 crore. The gap between standalone and consolidated profitability reflects the impact of non-parent elements within the consolidated structure. Still, the standalone profit growth rate indicates that the primary operating business delivered meaningful year-on-year improvement in the quarter.

Margins, costs, and earnings quality

Knack Packaging indicated it maintained healthy margins despite higher input costs during the quarter. One specific cost line highlighted was employee benefits expense, which rose to ₹15.24 crore from ₹10.31 crore year-on-year. The company also recorded higher other income, nearly doubling to ₹2.31 crore. However, it noted that other income remains a small fraction of total income, which supports the view that earnings are largely driven by operations rather than non-recurring or non-core items. The combination of strong revenue growth and a faster pace of profit growth suggests improved operating leverage during the period, even with rising cost pressures. At the same time, the results show that investors will need to track cost lines such as employee expenses closely as the company scales.

Joint venture drag: Sayem Knack S.A. de C.V.

The consolidated numbers were partly offset by the company’s joint venture performance. The joint venture, Sayem Knack S.A. de C.V., contributed a share of loss of ₹3.45 crore during the quarter, as stated in the provided information. This loss partially reduced the benefit of stronger standalone profitability when results were consolidated. The company described this as an indicator that international expansion initiatives are still in an early investment phase. For investors, the disclosure clarifies why consolidated profit growth, while strong, does not fully mirror the standalone trajectory.

Key financial highlights (Q1 FY27 vs Q1 FY26)

The table below summarises the key metrics disclosed for the quarter. All monetary values are normalised to ₹ crore for comparability.

Stock movement and trading levels cited

Market data in the provided information shows the stock trading around the ₹208 to ₹213 range. One data point cited the stock at ₹208.34, up 0.31% from a previous close of ₹207.71. Another snapshot showed ₹213.20, up ₹14.30 or 7.19% on BSE at 04:01 PM. The article data also referenced a 52-week range of ₹170.00 to ₹220.72, and an intraday range of ₹202.76 to ₹211.58 for the day cited. These prints reflect typical variation across timestamps and feeds, but they indicate the stock was actively traded around the results period. Investors generally track such levels to understand short-term reaction, but the company’s disclosure focus remained on the operating and consolidated performance for the quarter.

Earnings call on Aug 10: time, speakers, and dial-in

Knack Packaging has scheduled a Q1 FY27 earnings conference call for Monday, August 10, 2026 at 1:00 PM IST. The call is intended to discuss the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company participants listed for the call are Chairman and Managing Director Alpesh Tulsibhai Patel and Chief Financial Officer Ajay Kumar Dubey. Investors can use the universal dial-in numbers +91 22 6280 1102 or +91 22 7115 8003. The RSVP email shared is invrel@knackpackaging.com, and the invitation is stated to be available on the company website.

What to watch next

The Q1 FY27 results establish a high-growth start to the year, with revenue up 41% and consolidated profit up 48% year-on-year. Key monitorables in coming quarters include cost movement, given the rise in employee benefits expense, and the trajectory of the joint venture where the reported share of loss reduced consolidated outcomes. Investors may also look for additional detail during the Aug 10 call on demand conditions, pricing, and how the company is managing higher input costs while sustaining margins. For a newly listed company, consistency of reporting and clarity on the investment phase of international initiatives will remain central to market assessment. The next immediate milestone is the scheduled conference call, which should provide management’s commentary on the quarter’s drivers and operational priorities.