Cello World Limited reported its first quarter fiscal year 2027 results, with revenues reaching ₹527 crore. The company achieved an EBITDA of ₹117.1 crore, translating to an EBITDA margin of 22.2%. Profit after tax stood at ₹73.4 crore. The company highlighted growth in its Writing Instrument division and discussed strategies for its Consumer Ware and Glassware businesses, while also addressing input cost pressures and price increases.
Cello World Reports Q1 FY27 Financial Performance
Cello World Limited announced its financial results for the first quarter of Fiscal Year 2027 (ended June 30, 2026). The company reported a total revenue of ₹526.7 crore for the quarter. Gross margins were noted at a healthy 52.4%, indicating a sequential improvement. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹117.1 crore, resulting in an EBITDA margin of 22.2%. Profit After Tax (PAT) for the quarter was ₹73.4 crore, with a PAT margin of 13.9%.
Revenue Mix and Segment Performance
The revenue breakdown for the quarter showed the Consumer Ware segment contributing 63.6% of the total revenue. The Writing Instrument division followed with 21.2%, and Molded Furniture and Allied products accounted for 15.2%. Channel-wise, general trade represented 71.1% of sales, while the online channel’s contribution increased to 16.3% from 10.4% in the previous year. Export sales were 7.3%, and modern trade contributed 5.3%.
Profitability varied across segments, with Consumer Ware reporting a gross margin of 55%, Writing Instrument at 53.8%, and Molded Furniture at 39.5%.
Operational Highlights and Outlook
The company noted a muted performance in the Consumer Ware business, attributed to subdued consumer demand and inflationary pressures. The Steel bottle segment saw its in-house manufacturing commence in Rajasthan, with 8 lines operational, aiming to ramp up utilization. Glassware capacity utilization was around 60%, with scale-up affected by Chinese dumping and weaker export demand.
Price increases, ranging from 7% to 20% across product lines, were implemented to counter rising input costs, which initially impacted volumes but are now being absorbed by the market. The company plans to strengthen operational efficiency, rationalize its product portfolio, and deepen market penetration in FY27.
Looking ahead, Cello World aims to ramp up capacities in Glassware and Steelware, targeting significant revenue contributions from these segments. The company also highlighted the growing importance of the Quick Commerce channel, which has seen substantial growth over the past year.
Source: BSE
