Xpro India Stock Down by More Than 7% After June Quarter Result

Mumbai, 29 July 2025: Shares of Xpro India Ltd (NSE: XPROINDIA) slipped 6.10% to ₹1,114.50 in Tuesday’s trading session following the release of its Q1FY26 results. The company posted year-on-year decline in net profit despite a marginal rise in revenue.  The company posted net loss of Rs 5.43 crore in June quarter.

As of 2:30 PM IST on 29 July 2025, Xpro India Ltd stock was down by 7.33% at Rs 1099.90.

Profit Nosedives 69% in Q1FY26 Despite Revenue Growth of 4.6%

Xpro India’s revenue for Q1FY26 rose modestly by 4.6% YoY to ₹144.9 crore, compared to ₹138.5 crore in Q1FY25, supported by solid volume growth in coex sheets and dielectric films. However, the company reported a steep 69.3% year-on-year fall in profit after tax, which stood at ₹4.3 crore versus ₹14.0 crore in the corresponding quarter last year.

The earnings before interest, tax, depreciation and amortisation (EBITDA) dropped by 8.3% YoY to ₹14.3 crore from ₹15.6 crore, and the PAT margin contracted from 10.1% to 3.0%, indicating pressure on the company’s profitability. The drop was primarily attributed to non-cash foreign exchange adjustments related to Euro-denominated borrowings and cost-side pressures.

Management Cites Forex Impact but Highlights Strong Operational Base

According to the company, while profit before tax was affected by currency fluctuations, its core operations remained stable, with strong demand driving top-line performance. The management reaffirmed its commitment to growth, highlighting progress in ongoing expansion projects at Barjora and in the UAE. A new production line is also under evaluation for FY26–27, which could enhance future capacity and revenue potential.

Market Reacts Sharply to Earnings Miss with Midday Slide in Xpro Shares

As of 12:49 PM IST on 29 July 2025, shares of Xpro India Ltd (NSE: XPROINDIA) continued to trade lower, reflecting investor unease following weak Q1FY26 results. The stock was quoted at ₹1,108.30, down ₹78.60 or 6.62% from the previous close.

Key intraday market data revealed the following:

• Opening Price: ₹1,149.00
• Day’s High / Low: ₹1,150.00 / ₹1,095.00
• Last Traded Price (LTP): ₹1,108.30
• Market Capitalisation: ₹2,570 crore
• Price-to-Earnings (P/E) Ratio: 65.17
• Dividend Yield: 0.18%
• Quarterly Dividend Amount: ₹0.50
• 52-Week High / Low: ₹1,677.00 / ₹941.30

The combination of a steep intraday decline and high trading activity points to broad-based selling pressure amid muted investor sentiment.

Financial Indicators Show Profitability Pressures and Weak Sentiment

Despite having a market capitalisation of ₹2,574.2 crore—high within its segment—Xpro India’s financial indicators point to performance concerns when compared with industry medians. Its PE ratio of 139.2 is significantly above the industry average, yet its PEG ratio stands at -2.3, indicating a negative earnings trajectory. While the company’s price-to-book ratio is 4.4, institutional holdings increased to 18.31% (up 1.28%). Revenue growth YoY at 4.6% remains below the industry median, though its TTM operating revenue growth of 14.5% is comparatively stronger. However, net profit growth YoY fell sharply by -139.1%, against a positive industry trend. Its OPM TTM at 5.9%, ROE at 6.2%, and ROA at 3.8% all trail behind sector benchmarks, highlighting margin and return pressures.

Company Focused on Technological and Global Expansion Amid Profit Setback

Xpro India Ltd, a BIRLA Group company, has over 37 years of expertise in polymer processing and maintains multi-location manufacturing across India. It is listed on both NSE and BSE since April 2004. Despite the current setback in profitability, the company continues to emphasise international expansion and capacity enhancement, particularly through its UAE subsidiary.

REF: https://nsearchives.nseindia.com/corporate/XPROINDIASKD_29072025114630_XIL_Press_Release_29072025.pdf

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