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Xpro India Ltd. Earnings Release 2026
61362_rns_2026-05-21_bb72d041-a66c-4380-9a6f-8364f4864430.pdf
Earnings Release
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Xpro India Limited
Birla Building (2nd Floor)
9/1 R.N. Mukherjee Road
Kolkata 700 001, India.
+91 (033) 4082 3700/2220 0600 ; [email protected]
xproindia
May 21, 2026
National Stock Exchange of India Ltd.
"Exchange Plaza",
Bandra-Kurla Complex,
Bandra (E),
Mumbai 400 051
BSE Limited
Corporate Relationship Department
1st Floor, New Trading Ring
Rotunda Building, P J Towers
Dalal Street, Fort, Mumbai 400 001
Stock Symbol: XPROINDIA(EQ)
Stock Code No. 590013
Dear Sir/Madam,
Sub: Press Release
In continuation to our letter dated May 20, 2026, forwarding the Audited Financial Results for the Quarter and Year ended March 31, 2026, we are now enclosing herewith a copy of Press Release issued by the Company on the said Financial Results, for your information and record.
Thanking you,
Yours faithfully,
For Xpro India Limited
KAMAL KISHOR
SEWODA
Digitally signed by
KAMAL KISHOR SEWODA
Date: 2026.05.21
16:16:47 +00'00'
Kamal Kishor Sewoda
Company Secretary
Encl.: a/a
Registered Office : Barjora-Mejia Road, P.O. Ghutgoria, Tehsil : Barjora, Distt : Bankura, West Bengal 722 202.
Tel : +91 (9775) 301 701; email : [email protected]; website : www.xproindia.com
CIN : L25209WB1997PLC085972
xproindia
Investor Release
Xpro India Limited reports Q4 FY26 Results
New Delhi, May 21, 2026 – Xpro India Limited a diversified multi-locational company with a strong brand equity and a focused connect to the polymer processing industry has announced its audited Financial Results for the quarter ended on March 31, 2026.
Q4FY26 Financial Performance Snapshot (Y-o-Y)
| Revenue from Operations
Rs. 134.4 crores
-15.1% | EBITDA
Rs. 14.3 crores
+5.9% | Profit Before Tax (PBT)
Rs. 16.0 crores
+38.7% | Profit After Tax (PAT)
Rs. 11.6 crores
+25.2% |
| --- | --- | --- | --- |
Q4 & FY26 Key Financial Highlights- (Standalone):
| Particulars (Rs. Crs.) | Q4 FY26 | Q4 FY25 | Y-o-Y | Q3 FY26 | O-o-Q | FY26 | FY25 | Y-o-Y |
|---|---|---|---|---|---|---|---|---|
| Revenues | 134.4 | 158.2 | -15.1% | 106.3 | 26.4% | 505.5 | 535.3 | -5.6% |
| EBITDA | 14.3 | 13.5 | 5.9% | 9.8 | 45.8% | 49.2 | 53.2 | -7.6% |
| EBITDA Margins (%) | 10.7% | 8.6% | 9.2% | 9.7% | 9.9% | |||
| Profit Before Tax | 16.0 | 11.5 | 38.7% | 11.7 | 36.3% | 41.3 | 58.0 | -28.8% |
| Profit After Tax | 11.6 | 9.3 | 25.2% | 8.7 | 33.1% | 30.5 | 43.8 | -30.3% |
| PAT Margins (%) | 8.6% | 5.9% | 8.2% | 6.0% | 8.2% |
Operational Highlights:
ONGOING OPERATIONS
- Operations and results reflect market and product-mix dynamics, and usual seasonal cycles; treasury income was lower as liquidity was progressively deployed towards capital projects and the UAE subsidiary.
- The reportable profits for this quarter and the year are stated after accounting (as mandated under Accounting Standards) for unrealized non-cash adjustments due to exchange rate(s), as of the reporting date, on foreign exchange credits repayable over about 10 years, as detailed in the notes for the audited Accounts reported separately.
- The standalone performance can be considered a sound base for future growth;
- Aggregate production to date at 31,335 MT; revenues reflect variations in product-mix, pricing and raw material costs, and therefore cannot be directly correlated to physical volumes;
- Unrealized translation loss of Rs.11.14 crores on euro-linked long term liabilities unconnected to operations arising from broad-based weakness of the Rupee against major currencies provided as per accounting standards;
- Incremental liability of Rs.139.06 lacs towards gratuity and compensated absences, being the effect of New Labour Codes.
- Organization & other costs reflected in aggregate expenses have naturally built-up ahead of capacity increases coming online.
- Q4 revenue Y-o-Y basis also reflects a marginal fall in annual refrigerator production, following an exceptional Q4 FY25, leading to moderate reduction in offtake. Strong customer engagement translated into increasing market share.
- Xpro dielectric films maintained its performance, supported by a strong market position. New customers and applications are being on-boarded for the imminent capacity increases;
- Refrigerator production approximately flat on a YTD basis. Our sheet/liners volumes registered growth, reflecting strong customer engagement.
- Management focus on volume and margin improvements.
EXPANSION
- The commissioning of the new dielectric film line at Barjora on March 27, 2026, doubling the Company's nameplate capacity in India from 4,000 to 8,000 MT annually was a key step toward a globally scaled contemporary dielectric films platform. The Management anticipates a calibrated ramp-up, with performance building as the volumes scale.
- Implementation of the UAE project by our subsidiary, Xpro Dielectric Films FZ-LLC, remains on track. The West Asian conflict has escalated significantly affecting the Gulf states, including the UAE, calls for particular vigilance for project under implementation. The situation remains fluid and we continue to monitor it.
Q4FY26 Key Financial Highlights Standalone:
Revenue (Rs. Cr)
EBITDA (Rs. Cr) & Margin(%)
PAT (Rs. Cr) & Margin(%)
Capital Disciplined Growth
RoCE (%)
RoE (%)
Net Debt to Equity (x)
*Equity base stands at INR 715.5 crores for FY26 as against INR 616.9 crores in FY25
About Xpro India Limited
Xpro India Limited is a diversified multi-divisional, multi-locational company with a strong commitment to polymer processing as an industry, and in strong governance practices in its management. Established as a separate entity via a corporate demerger in 1998, the units comprising Xpro India Limited have long been in existence, giving it over 37 years experience in the extrusion/coextrusion field. It thus aggregates years of experience and a robust, maturing organization driven by a deeply India-centric self-sufficiency for which it prides itself.
Xpro India Limited is a family-led and professionally managed arm of India's largest and very reputed Industrial House - the BIRLA family. It has a dedicated, and competent work-force of well-trained employees placed at various locations. Manufacturing at all units is carried out by qualified personnel under stringent guidelines and quality standards. At Xpro, continuous product development and high customer service levels are key areas, with an underlying philosophy being to provide the highest level of satisfaction to customers, and a passion to ethically excel in all areas of activity.
| Company | Investor Relations: MUFG Intime Private Limited |
|---|---|
| Name: Kamal Kishor Sewoda | Name: Parth Patel/ Vidhi Vasa |
| Email: [email protected] | Email:[email protected] / [email protected] |
| CIN: L25209WB1997PLC085972 | For Meeting request – Click Here |
| www.xproindia.com | https://www.mpms.mufg.com/ |
Safe Harbor
Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. Past performance also should not be simply extrapolated into the future. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company's operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.