Superhouse September-quarter PBT rises 82% to Rs 9.07 crore

Superhouse Limited reported consolidated profit before tax of Rs 9.07 crore for the quarter ended September 30, 2026, an 82% increase from Rs 4.99 crore a year earlier, as Leather & Leather Products segment profit before finance cost and tax rose to Rs 13.16 crore from Rs 9.76 crore.

How did Superhouse’s September-quarter profit change?

Superhouse’s consolidated profit before tax increased by Rs 4.08 crore year on year to Rs 9.07 crore in the September 2026 quarter, from Rs 4.99 crore in the September 2025 quarter. It also rose from Rs 5.04 crore in the June 2026 quarter, a sequential increase of Rs 4.03 crore.

The increase followed a rise in total profit before finance cost and tax to Rs 13.65 crore from Rs 10.71 crore a year earlier, while finance cost fell to Rs 4.58 crore from Rs 5.72 crore. The reduction of Rs 1.14 crore in finance cost, alongside the Rs 2.94 crore increase in segment profit before finance cost and tax, widened the amount retained before tax.

Superhouse reported revenue from operations of Rs 193.13 crore for the September 2026 quarter, compared with Rs 185.90 crore a year earlier. Other operating income increased to Rs 6.31 crore from Rs 4.15 crore, taking total revenue from operations to Rs 199.44 crore; other income declined to Rs 2.34 crore from Rs 2.97 crore.

Which segment drove Superhouse’s earnings increase?

Superhouse’s Leather & Leather Products segment drove the earnings increase, with profit before finance cost and tax rising by Rs 3.40 crore year on year to Rs 13.16 crore in the September 2026 quarter. Segment revenue increased to Rs 175.92 crore from Rs 170.47 crore in the same period.

Leather & Leather Products represented Rs 175.92 crore of the group’s Rs 201.78 crore segment revenue in the quarter. Its Rs 13.16 crore segment profit, combined with Rs 49.26 lakh from Textile Products, produced total profit before finance cost and tax of Rs 13.65 crore.

Textile Products reported a different earnings pattern. Its revenue increased to Rs 25.85 crore from Rs 22.55 crore year on year, but its profit before finance cost and tax fell to Rs 49.26 lakh from Rs 95.11 lakh. The Rs 45.85 lakh decline in segment profit occurred despite a Rs 3.30 crore increase in segment revenue.

The sequential comparison also favoured Leather & Leather Products. Its profit before finance cost and tax rose from Rs 8.12 crore in the June 2026 quarter to Rs 13.16 crore in the September quarter, while Textile Products profit declined from Rs 57.16 lakh to Rs 49.26 lakh even as its revenue rose from Rs 19.72 crore to Rs 25.85 crore.

What do Superhouse’s half-year results show?

Superhouse reported consolidated profit before tax of Rs 14.11 crore for the half year ended September 30, 2026, compared with Rs 5.49 crore for the half year ended September 30, 2025. Total income increased to Rs 367.84 crore from Rs 359.82 crore over the same six-month comparison.

Leather & Leather Products generated Rs 322.26 crore of first-half segment revenue, up from Rs 317.13 crore a year earlier, and segment profit before finance cost and tax rose to Rs 21.28 crore from Rs 14.86 crore. Textile Products revenue increased to Rs 45.57 crore from Rs 42.68 crore, while its segment profit declined to Rs 1.06 crore from Rs 2.12 crore.

Finance cost for the six months ended September 2026 was Rs 8.24 crore, down from Rs 11.49 crore in the corresponding prior-year period. Total profit before finance cost and tax increased to Rs 22.35 crore from Rs 16.98 crore, while the lower finance cost contributed to the increase in first-half profit before tax.

The September 2026 quarter accounted for Rs 9.07 crore of the first-half Rs 14.11 crore profit before tax, compared with Rs 5.04 crore in the June 2026 quarter. September-quarter total income of Rs 201.78 crore was Rs 35.72 crore higher than the June-quarter figure of Rs 166.06 crore.

What did Superhouse disclose about assets and the review?

Superhouse reported total segment assets of Rs 905.31 crore at September 30, 2026, compared with Rs 900.64 crore at September 30, 2025 and Rs 862.32 crore at March 31, 2026. Leather & Leather Products accounted for Rs 821.05 crore of September 2026 segment assets, while Textile Products accounted for Rs 84.26 crore.

Leather & Leather Products assets increased by Rs 46.23 crore from Rs 774.82 crore at March 31, 2026. Textile Products assets decreased by Rs 3.24 crore from Rs 87.51 crore over the same period, meaning the reported increase in total segment assets was concentrated in the leather business.

Kapoor Tandon & Co. conducted a limited review of Superhouse’s consolidated unaudited results under the Standard on Review Engagements 2410. The reviewer said nothing had come to its attention indicating that the statement failed to make required disclosures under Regulation 33 of the Securities and Exchange Board of India listing regulations or contained a material misstatement.

The review report said one subsidiary, whose September-quarter revenue was Rs 4.00 crore and profit after tax was Rs 1.03 crore, was not reviewed by the reporting firm. It also identified six unreviewed subsidiaries with combined September-quarter revenue of Rs 26.34 crore and a combined loss after tax of Rs 2.00 crore before consolidation eliminations; management stated that these interim results were not material to the group.

Conclusion

Superhouse’s September 2026 consolidated profit before tax rose to Rs 9.07 crore as Leather & Leather Products delivered a Rs 3.40 crore year-on-year increase in segment profit before finance cost and tax and finance cost fell by Rs 1.14 crore. Textile Products added Rs 3.30 crore of revenue but recorded a Rs 45.85 lakh decline in segment profit, separating its earnings trend from the leather business.

The filing does not disclose a forward profit target, operating plan or next reporting date. The disclosed matter to watch is the treatment of subsidiary financial information in later filings, particularly the six unreviewed subsidiaries that recorded a combined Rs 2.00 crore quarterly loss before consolidation eliminations and the subsidiary whose figures were furnished to the reviewer by management.