Cheviot Company LimitedQ1 FY27 Results & Financial Update
Cheviot Company Limited: Q1 FY27 standalone results and company financials – revenue ₹170.55 Cr, PAT ₹45.29 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Cheviot Company price & chart
Quarter overview
Quarterly earnings analysis
Cheviot Company Limited reported revenue from operations of INR 170.55 crore for the quarter ended 30th June, 2026, accompanied by total income of INR 206.94 crore which includes substantial other income of INR 36.39 crore.
Profitability recovered sharply during the quarter, with profit before tax reaching INR 55.41 crore and profit after tax settling at INR 45.29 crore, translating to basic and diluted earnings per share of INR 77.53.
The earnings bounce reflects a reversal from the previous quarter ended 31st March, 2026, where the company posted a net loss of INR 9.05 crore, largely driven by negative other income caused by losses on the fair valuation of investments measured at FVTPL.
Total expenses for Q1 FY27 stood at INR 151.53 crore, led by raw material consumption of INR 117.07 crore and employee benefits expense of INR 17.09 crore.
Tax expenses for the quarter aggregated to INR 10.12 crore, comprising INR 4.86 crore in current tax and INR 5.26 crore in deferred tax.
Total comprehensive income for the period reached INR 48.56 crore, bolstered by other comprehensive income of INR 3.27 crore net of tax, primarily stemming from items that will not be reclassified to profit or loss.
The statutory auditors have issued an un-modified limited review report on the standalone financial results, which were approved by the board of directors on 5th August, 2026.
01 · Business model
What does Cheviot Company do?
Cheviot Company Limited operates primarily in the manufacturing and sale of jute goods, functioning within a single significant primary business segment as reported in its statutory disclosures.
The company's economic model relies on processing raw jute into finished jute products, managing input material costs, inventory levels, and capitalizing on broader agricultural yields and market demand for eco-friendly packaging and textile alternatives.
Cheviot has no subsidiaries, associates, or joint ventures as of the quarter ended 30th June, 2026, maintaining a standalone operational structure based out of Kolkata, West Bengal.
02 · Historical context
What shaped the business before this quarter
Other income for the quarter ended 31st March, 2026 was negative due to losses on the fair valuation of investments measured at Fair Value through Profit and Loss (FVTPL), creating a low base that preceded the Q1 FY27 recovery.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹170.55 Cr |
| Total income | ₹206.94 Cr |
| Profit before tax | ₹55.41 Cr |
| Profit after tax | ₹45.29 Cr |
| EPS | ₹77.53 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 26.6% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 32.5% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹36.39 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations expanded to INR 170.55 crore for Q1 FY27 compared to INR 140.61 crore in the preceding quarter ended 31st March, 2026.
Other income contributed significantly to total income with INR 36.39 crore during the quarter, rebounding strongly from negative territory in Q4 FY26.
What drove margins
Cost of materials consumed formed the bulk of operating expenses at INR 117.07 crore, alongside inventory adjustments of INR (1.39) crore.
Employee benefits expense was contained at INR 17.09 crore, while finance costs remained modest at INR 0.12 crore and depreciation and amortisation expenses stood at INR 1.94 crore.
05 · Strategy & new businesses
How the company is trying to change its growth mix
The company maintains a focused standalone operational profile without subsidiaries, associates, or joint ventures.
06 · Reported developments
What changed operationally
Cheviot posted a robust PAT of INR 45.29 crore and an EPS of INR 77.53 for Q1 FY27, recovering from losses in the preceding quarter.
07 · Items worth noticing
The line items that can distort a quick read
Other income recovered to INR 36.39 crore in Q1 FY27, reversing the negative impact of FVTPL investment valuation losses recorded in Q4 FY26.
08 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Capital allocation & funding
Finance costs for the quarter were reported at a low level of INR 0.12 crore, indicating minimal debt servicing requirements.
09 · Previous-quarter changes
What changed since the previous quarter
The company swung from a net loss of INR 9.05 crore in Q4 FY26 to a net profit of INR 45.29 crore in Q1 FY27, aided by the normalization of other income.
10 · Key Q&A
The quarter, answered directly
What does Cheviot Company do?
Cheviot Company Limited operates primarily in the manufacturing and sale of jute goods, functioning within a single significant primary business segment as reported in its statutory disclosures.
What is the clearest takeaway from Q1 FY27?
Cheviot Company Limited reported revenue from operations of INR 170.55 crore for the quarter ended 30th June, 2026, accompanied by total income of INR 206.94 crore which includes substantial other income of INR 36.39 crore.
What drove revenue or demand?
Revenue from operations expanded to INR 170.55 crore for Q1 FY27 compared to INR 140.61 crore in the preceding quarter ended 31st March, 2026.
What mattered most for margins or profitability?
Cost of materials consumed formed the bulk of operating expenses at INR 117.07 crore, alongside inventory adjustments of INR (1.39) crore.
What changed operationally beyond the headline numbers?
The company maintains a focused standalone operational profile without subsidiaries, associates, or joint ventures.
What should the next disclosure help confirm?
Monitor upcoming quarterly financial filings to evaluate the consistency of operational revenue and stability of other income streams.
11 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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12 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Succeeding quarters performance: Monitor upcoming quarterly financial filings to evaluate the consistency of operational revenue and stability of other income streams.
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