M Tek Copper LimitedQ1 FY27 Results & Financial Update
M Tek Copper Limited: Q1 FY27 standalone results and company financials – revenue ₹80.26 Cr, PAT ₹1.05 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
M Tek Copper price & chart
Quarter overview
Quarterly earnings analysis
During the first quarter of fiscal 2027 (Q1 FY27), M Tek Copper Limited reported total revenue from operations of INR 80.26 crore, reflecting steady baseline production and customer off-take.
Total income for the period stood at INR 80.42 crore, which includes other income of INR 0.16 crore, pointing to a modest contribution from non-operating streams.
The company registered a profit before tax (PBT) of INR 1.60 crore for the quarter, after accounting for raw material consumption, employee expenses, finance costs, and depreciation.
Net profit after tax (PAT) for Q1 FY27 was recorded at INR 1.05 crore, resulting in a basic and diluted earnings per share (EPS) of INR 0.39 for the quarter.
Total expenses for the quarter were well managed at INR 78.82 crore, with raw material consumption representing the single largest cost component at INR 76.63 crore, offset by a positive inventory change in finished goods and work-in-progress.
Finance costs for the quarter were reported at INR 1.06 crore, while depreciation and amortization expenses stood at INR 0.40 crore, reflecting the capital and debt intensity of its manufacturing operations.
01 · Business model
What does M Tek Copper do?
M Tek Copper Limited (erstwhile known as Madhav Copper Limited) operates in the copper manufacturing and processing industry, producing various copper products from its works located in Bhavnagar, Gujarat.
The company's primary revenue engine is derived from the sale of manufactured copper goods and operations, utilizing raw materials such as copper cathodes or wire bars to service industrial and commercial customers.
M Tek Copper runs a single operating segment focused on copper products, managing its operations through its registered and corporate offices situated in Bhavnagar, Gujarat.
02 · Historical context
What shaped the business before this quarter
The company formally transitioned its corporate identity from Madhav Copper Limited to M Tek Copper Limited.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹80.26 Cr |
| Total income | ₹80.42 Cr |
| Profit before tax | ₹1.60 Cr |
| Profit after tax | ₹1.05 Cr |
| EPS | ₹0.39 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 1.3% 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 2.0% 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 ₹0.16 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
Generated INR 80.26 crore from net sales and operations during the quarter.
Contributed INR 0.16 crore via other income items.
Generated INR 80.26 crore from core net sales and income from operations during the quarter ended June 30, 2026.
What drove margins
Raw material expenses accounted for INR 76.63 crore of total outlays during the quarter.
The company experienced an inventory draw of finished goods and work-in-progress amounting to a positive impact of INR 3.49 crore.
Employee costs were recorded at INR 0.81 crore, while other expenses aggregated to INR 3.42 crore.
Finance costs stood at INR 1.06 crore and depreciation and amortization charges were INR 0.40 crore.
Consumption of raw materials constituted the largest single cost component, totaling INR 76.63 crore for the quarter.
Incurred finance costs of INR 1.06 crore and other expenses amounting to INR 3.42 crore during the period.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company operates in a single business segment focused on copper and related products; segmental reporting is therefore not applicable.
06 · Reported developments
What changed operationally
The company maintained positive profitability with a net profit of INR 1.05 crore for Q1 FY27.
07 · Beyond the numbers
What changed beyond the numbers
Auditor resignation and appointment
The Board took note of the resignation of statutory auditors M/s P G Hemani & Co. and recommended the appointment of M/s M P Gohil & Co. as statutory auditors for a 5-year term from 2026 to 2031, subject to shareholder approval.
Cost and internal auditor appointments
M/s Chetan Gandhi & Associates were appointed as cost auditors and M/s N S Shah and Co. were appointed as internal auditors for FY 2026-27.
Annual General Meeting schedule
The 14th Annual General Meeting of the company has been scheduled for Friday, September 25, 2026, to be held via video conferencing.
Statutory auditor resignation and appointment
The board took note of the resignation of statutory auditors M/s P G Hemani & Co. and recommended the appointment of M/s M P Gohil & Co. as statutory auditors for a term of five consecutive years from FY 2026 to FY 2031, subject to shareholder approval at the ensuing AGM.
08 · Key Q&A
The quarter, answered directly
What does M Tek Copper do?
M Tek Copper Limited (erstwhile known as Madhav Copper Limited) operates in the copper manufacturing and processing industry, producing various copper products from its works located in Bhavnagar, Gujarat.
What is the clearest takeaway from Q1 FY27?
During the first quarter of fiscal 2027 (Q1 FY27), M Tek Copper Limited reported total revenue from operations of INR 80.26 crore, reflecting steady baseline production and customer off-take.
What drove revenue or demand?
Generated INR 80.26 crore from net sales and operations during the quarter.
What mattered most for margins or profitability?
Raw material expenses accounted for INR 76.63 crore of total outlays during the quarter.
What changed operationally beyond the headline numbers?
The Board took note of the resignation of statutory auditors M/s P G Hemani & Co. and recommended the appointment of M/s M P Gohil & Co. as statutory auditors for a 5-year term from 2026 to 2031, subject to shareholder approval.
What should the next disclosure help confirm?
Monitor the upcoming 14th AGM on September 25, 2026, for shareholder approval of the newly appointed statutory auditors for FY 2026-31.
09 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
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10 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Shareholder approval of auditors: Monitor the upcoming 14th AGM on September 25, 2026, for shareholder approval of the newly appointed statutory auditors for FY 2026-31.
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