MITCON Consultancy & Engineering Services LimitedQ1 FY27 Results & Financial Update
MITCON Consultancy & Engineering Services Limited: Q1 FY27 consolidated results and company financials – revenue ₹67.58 Cr, PAT ₹2.75 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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MITCON Consultancy & Engineering Services price & chart
Quarter overview
Quarterly earnings analysis
For the first quarter of fiscal year 2027 (Q1 FY27), MITCON Consultancy & Engineering Services Limited reported consolidated revenue from operations of INR 67.58 crore and a total income of INR 68.47 crore, reflecting broad operational engagement across its core verticals.
Consolidated profit before tax (before exceptional items and share of associate) stood at INR 3.82 crore for the quarter ended June 30, 2026. Total profit before tax after accounting for the share of profit or loss of associates came in at INR 3.75 crore.
The group posted a consolidated net profit after tax (PAT) of INR 2.75 crore for Q1 FY27. Out of this total profit, INR 2.73 crore was attributable to the owners of the company, while INR 0.0140 crore was attributed to non-controlling interests.
Basic consolidated earnings per share (EPS) for the quarter was reported at INR 1.58, while diluted EPS stood at INR 1.56, reflecting the potential dilutive impact of employee stock options and partly paid right shares.
Segment-wise performance demonstrated that Project Services contributed INR 47.10 crore to revenue with a segment result (profit before tax and interest) of INR 2.27 crore, whereas Consultancy and Training brought in INR 15.97 crore with a segment result of INR 1.01 crore. Wind and Solar Power Generation added INR 4.52 crore in revenue with a segment result of INR 1.89 crore.
Total consolidated expenses for the period aggregated to INR 64.65 crore, driven primarily by operating costs of INR 53.76 crore, employee benefits expense of INR 10.36 crore, finance costs of INR 22.35 crore, depreciation and amortization of INR 25.38 crore, and other expenses of INR 47.37 crore, offset by a positive change in inventory of INR 8.99 crore.
Profit after tax was ₹2.75 Cr for the reported quarter. EPS was ₹1.56 for the reported quarter.
01 · Business model
What does MITCON Consultancy & Engineering Services do?
MITCON Consultancy & Engineering Services Limited operates as a diversified professional consultancy and engineering organization, offering specialized services across multiple business segments including advisory, engineering, project execution, and renewable energy generation.
The company's primary operational segments comprise Consultancy and Training, Project Services, and Wind/Solar Power Generation. Through its subsidiaries and associate entities, the group extends its reach into specialized engineering consulting, green chemistry, trusteeship services, and renewable assets.
MITCON derives its revenue from professional fees, advisory assignments, project service contracts, and power generation sales, catering to a diverse institutional and corporate clientele across various industrial and infrastructure sectors.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹67.58 Cr |
| Total income | ₹68.47 Cr |
| Profit before tax | ₹3.82 Cr |
| Profit after tax | ₹2.75 Cr |
| EPS | ₹1.56 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 4.1% 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 5.7% 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 ₹0.88 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.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Project Services emerged as the largest revenue contributor during Q1 FY27, generating INR 47.09 crore in segment revenue and delivering a segment result of INR 2.26 crore.
The consultancy and training division generated INR 15.97 crore in revenue during the quarter, contributing a segment result of INR 1.01 crore.
Power generation from wind and solar assets brought in INR 4.52 crore in revenue, yielding a segment result of INR 1.89 crore, though management notes that this business is subject to seasonal variations.
What drove margins
Total expenses for the quarter stood at INR 64.65 crore against total income of INR 68.47 crore, resulting in a positive operating buffer before finance costs and tax.
Employee benefit expenses accounted for INR 10.36 crore, while finance costs stood at INR 2.24 crore, reflecting ongoing capital and debt servicing overheads.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
Segment assets for Consultancy and Training stood at INR 136.77 crore with corresponding liabilities of INR 82.24 crore as of June 30, 2026.
Project Service segment assets were recorded at INR 47.10 crore against segment liabilities of INR 32.05 crore.
Renewable power generation segment assets stood at INR 158.43 crore with segment liabilities of INR 51.22 crore.
05 · Strategy & new businesses
How the company is trying to change its growth mix
Wholly-owned subsidiary MITCON Sun Power Limited incorporated a wholly-owned subsidiary named MITCON Power Trading Ltd on June 19, 2026, with a paid-up capital of INR 1 lakh paid on July 17, 2026.
Subsidiary company MITCON Credentia Trusteeship Services Ltd incorporated wholly-owned subsidiaries MITCON CREDENTIA REPOSITORY SERVICES LIMITED on June 19, 2026, and MITCON CREDENTIA CORPORATE SUPPORT SERVICES LIMITED on July 9, 2026.
Wholly-owned subsidiary MITCON Sun Power Ltd sold 26% of its stake in subsidiary MITCON Solar Alliance Ltd to YAXIS Structural Steels Pvt Ltd, leaving MITCON Sun Power's holding at 47.28% as approved by the board.
06 · Reported developments
What changed operationally
The company reported a consolidated net profit after tax of INR 2.75 crore for Q1 FY27, underpinned by strong revenue contributions from project services and consultancy.
07 · Beyond the numbers
What changed beyond the numbers
Auditor Review
The standalone and consolidated financial results for Q1 FY27 were reviewed by statutory auditors J Singh & Associates with an unmodified conclusion.
08 · Key Q&A
The quarter, answered directly
What does MITCON Consultancy & Engineering Services do?
MITCON Consultancy & Engineering Services Limited operates as a diversified professional consultancy and engineering organization, offering specialized services across multiple business segments including advisory, engineering, project execution, and renewable energy generation.
What is the clearest takeaway from Q1 FY27?
For the first quarter of fiscal year 2027 (Q1 FY27), MITCON Consultancy & Engineering Services Limited reported consolidated revenue from operations of INR 67.58 crore and a total income of INR 68.47 crore, reflecting broad operational engagement across its core verticals.
What drove revenue or demand?
Project Services emerged as the largest revenue contributor during Q1 FY27, generating INR 47.09 crore in segment revenue and delivering a segment result of INR 2.26 crore.
What mattered most for margins or profitability?
Total expenses for the quarter stood at INR 64.65 crore against total income of INR 68.47 crore, resulting in a positive operating buffer before finance costs and tax.
What changed operationally beyond the headline numbers?
Wholly-owned subsidiary MITCON Sun Power Limited incorporated a wholly-owned subsidiary named MITCON Power Trading Ltd on June 19, 2026, with a paid-up capital of INR 1 lakh paid on July 17, 2026.
What should the next disclosure help confirm?
Monitor the operational scale-up and revenue generation of newly incorporated subsidiaries such as MITCON Power Trading Ltd and MITCON Credentia Repository Services Limited.
09 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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10 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Subsidiary Operations: Monitor the operational scale-up and revenue generation of newly incorporated subsidiaries such as MITCON Power Trading Ltd and MITCON Credentia Repository Services Limited.
- 02
Renewable Power Seasonality: Track the performance of the wind and solar power generation segment across upcoming quarters given its susceptibility to seasonal variations.
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