LEAP India Share Price

Earnings Call Transcript - Q1 FY27

• BSE India
• 4 days 17 hours ago

<h3><span style="font-size:16px;"><strong>Warehousing & Logistics company LEAP India announced Q1FY27 results</strong></span></h3> <p _ngcontent-ng-c3600704783=""><strong _ngcontent-ng-c3600704783="">Consolidated Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c3600704783="">Revenue from Operations: The consolidated revenue for Q1FY27 stood at Rs 2,034.13 million, representing a slight decline of 0.07% from Rs 2,035.53 million in Q4FY26 (QoQ) and an increase of 19.10% from Rs 1,707.94 million in Q1FY26 (YoY).</li> <li _ngcontent-ng-c3600704783="">Total Income: Total income for Q1FY27 was Rs 2,134.39 million, reflecting a marginal growth of 0.31% compared to Rs 2,127.83 million in Q4FY26 (QoQ) and a growth of 18.60% compared to Rs 1,799.61 million in Q1FY26 (YoY).</li> <li _ngcontent-ng-c3600704783="">Profit Before Tax: The company reported a profit before tax of Rs 329.93 million in Q1FY27, showing a decrease of 5.25% from Rs 348.21 million in Q4FY26 (QoQ) and a growth of 30.07% from Rs 253.66 million in Q1FY26 (YoY).</li> <li _ngcontent-ng-c3600704783="">Net Profit for the Period: Net profit for Q1FY27 stood at Rs 247.33 million, a decline of 5.63% from Rs 262.09 million in Q4FY26 (QoQ) and an increase of 30.27% from Rs 189.86 million in Q1FY26 (YoY).</li> <li _ngcontent-ng-c3600704783="">Earnings Per Share (EPS): Basic EPS for Q1FY27 was Rs 0.60, compared to Rs 0.64 in Q4FY26 and Rs 0.37 in Q1FY26.</li> </ul> <p _ngcontent-ng-c3600704783=""><strong _ngcontent-ng-c3600704783="">Standalone Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c3600704783="">Revenue from Operations: Standalone revenue for Q1FY27 was Rs 1,688.13 million, showing a minor decrease of 0.51% from Rs 1,696.74 million in Q4FY26 (QoQ) and an increase of 17.13% from Rs 1,441.24 million in Q1FY26 (YoY).</li> <li _ngcontent-ng-c3600704783="">Total Income: Standalone total income for Q1FY27 was Rs 1,812.83 million, a marginal decline of 0.12% from Rs 1,815.01 million in Q4FY26 (QoQ) and an increase of 17.87% from Rs 1,537.96 million in Q1FY26 (YoY).</li> <li _ngcontent-ng-c3600704783="">Profit Before Tax: Standalone profit before tax stood at Rs 326.41 million in Q1FY27, growing by 3.93% from Rs 314.07 million in Q4FY26 (QoQ) and by 24.07% from Rs 263.09 million in Q1FY26 (YoY).</li> <li _ngcontent-ng-c3600704783="">Net Profit for the Period: The standalone net profit for Q1FY27 was Rs 244.70 million, increasing by 0.72% from Rs 242.94 million in Q4FY26 (QoQ) and by 24.29% from Rs 196.87 million in Q1FY26 (YoY).</li> <li _ngcontent-ng-c3600704783="">Earnings Per Share (EPS): Standalone basic EPS for Q1FY27 was Rs 0.60, compared to Rs 0.59 in Q4FY26 and Rs 0.39 in Q1FY26.</li> </ul> <p _ngcontent-ng-c3600704783=""><strong _ngcontent-ng-c3600704783="">Business Highlights:</strong></p> <ul> <li _ngcontent-ng-c3600704783=""><strong _ngcontent-ng-c3600704783="">Initial Public Offering (IPO):</strong> Subsequent to Q1FY27, the company completed its IPO of 15,59,74,840 equity shares of face value Rs 1 each at an issue price of Rs 159 per share. The issue consisted of a fresh issue of 30,188,678 equity shares aggregating to Rs 4,800 million and an offer for sale of 125,786,162 equity shares aggregating to Rs 20,000 million. The shares were listed on NSE and BSE on August 14, 2026.</li> <li _ngcontent-ng-c3600704783=""><strong _ngcontent-ng-c3600704783="">International Expansion:</strong> The company incorporated LEAP MENA Holdings Limited as a wholly owned subsidiary in the United Arab Emirates on July 1, 2026. Subsequently, this subsidiary incorporated LEAP Pallet Pooling Trading L.L.C in Dubai on August 21, 2026.</li> <li _ngcontent-ng-c3600704783=""><strong _ngcontent-ng-c3600704783="">Investment in Saudi Subsidiary:</strong> On May 13, 2026, the company infused funds and acquired 250 equity shares of face value of Saudi Riyal (SAR) 100 each in its foreign subsidiary, LEAP GULF Company.</li> <li _ngcontent-ng-c3600704783=""><strong _ngcontent-ng-c3600704783="">CCPS Conversion:</strong> In July 2026, the company obtained approvals for the conversion of all outstanding Compulsorily Convertible Preference Shares (CCPS). Series A to Series I CCPS were converted into 7,24,04,371 equity shares on July 15, 2026, and Series K CCPS were converted into 21,72,13,113 equity shares on July 16, 2026.</li> </ul> <p><strong>Management commentary:</strong> "We have entered FY27 with two significant milestones - a successful public listing and a strong first-quarter performance.</p> <p>Our listing marks the beginning of a new chapter for LEAP, enabling us to welcome a wider investor community and engage with shareholders through greater transparency and accountability. We are pleased to have our investors participate in LEAP’s growth journey as we build a larger, more diversified and capital-efficient asset-pooling platform.</p> <p>Our Rs 24,800 million IPO includes a fresh issue of Rs 4,800 million, of which Rs 3,600 million has been used for repayment of debt and Rs 1,200 million is for general corporate purposes. This will strengthen our balance sheet and provide greater flexibility to support future expansion.</p> <p>Operationally, FY27 has begun on a strong note, with earnings growing ahead of revenue and demonstrating the operating leverage in our model. On a YoY basis, Q1FY27 revenue increased by 19% YoY to Rs 2,134 million, supported by 17% growth in asset-pooling income and 29% growth in MHE income. EBITDA grew faster at 21% to Rs 1,141 million, driven by scale benefits, cost optimization and integration synergies, resulting in an EBITDA margin of 53.5%. PAT increased by 30%, well ahead of revenue growth to Rs 247 million, while PAT margin expanded by approximately 104 basis points to 11.6%. This performance reflects an improvement in the quality and efficiency of our earnings.</p> <p>International expansion represents our next strategic growth vector, with the GCC emerging as a natural extension of our asset-pooling platform given its higher palletisation, automation and movement-hire adoption. We have established wholly owned subsidiary in the GCC in Saudi Arabia & UAE.</p> <p>Going forward, we will combine deeper customer penetration, movement hire, cross-selling across pallets, containers and MHE, entry into new industries and disciplined GCC expansion to drive sustainable long-term growth."</p> <p><a class="lb" href="/get-document/post/pdf/5819236/" target="_blank">Result PDF</a></p>

• Trendlyne
• 1 week ago

Audio Recordings of Earnings Conference Call with Investor(s)/Analyst(s).

• BSE India
• 1 week ago