Monolithic India Q1 PAT Surges 135% to ₹10.07 Cr; Revenue Up 64%
Monolithisch India Limited (Stock Symbol: MONOLITH), a leading manufacturer of premium premixed ramming mass for induction furnaces used by India’s secondary steel industry, has reported its strongest-ever quarterly financial performance for the quarter ended June 30, 2026 (Q1 FY27). The company achieved record highs in revenue, EBITDA, net profit, earnings per share, and sales volume, driven by robust demand from the steel sector and increasing adoption of its premium product portfolio.
Record Financial Performance in Q1 FY27
The company delivered impressive growth across all major financial metrics during the quarter.
Key Financial Highlights
- Revenue from Operations: ₹47.18 crore, up 64% YoY and 16% QoQ
- Profit After Tax (PAT): ₹10.07 crore, surging 135% YoY and 24% QoQ
- EBITDA: ₹13.11 crore, increasing 99% YoY and 15% QoQ
- Earnings Per Share (EPS): ₹4.63, rising 75% YoY and 17% QoQ
- Sales Volume: Approximately 52,000 MT
- Capacity Utilization: Around 70%
The sharp improvement in profitability was primarily supported by higher sales volumes of premium products, which carry stronger margins and continue to gain acceptance among customers.
Premium Product Portfolio Continues to Drive Growth
During the quarter, the company’s SGB Limited product series contributed nearly 50% of total sales volume and revenue. According to the company, these premium products offer a 15%–20% longer operational life compared to conventional alternatives, making them increasingly popular among steel manufacturers seeking higher efficiency and lower operating costs.
The continued expansion of premium product sales significantly enhanced the company’s overall profitability during the quarter.
Greenfield Project Progressing as Planned
Monolithisch India is also making steady progress on its ambitious Greenfield manufacturing project, which is expected to become the world’s largest single-campus silica ramming mass manufacturing facility.
The company has announced the following milestones:
- Plant dry run scheduled for September 14, 2026
- Technical trial runs planned later in September
- Development of a high-value silica-based industrial park alongside the manufacturing facility
The Greenfield expansion is expected to substantially increase production capacity while strengthening the company’s long-term competitive position in the specialty refractory materials market.
Management Provides Strong Q2 FY27 Revenue Guidance
Looking ahead, the management has projected Q2 FY27 revenue between ₹55 crore and ₹60 crore, reflecting confidence in continued business momentum.
Commenting on the quarterly performance, Managing Director Harsh Tekriwal said the company remains well-positioned to capitalize on growing demand from India’s infrastructure sector and expanding opportunities in the secondary steel industry. He added that new customer acquisitions and increasing adoption of premium products are expected to support sustained growth in the coming quarters.