Kotyark Industries reports an 11.54% increase in quarterly income, driven by rising biodiesel demand and successful main board migration, signalling a new phase of expansion amidst favourable industry trends.
Kotyark Industries said its first-quarter results for FY27 were boosted by stronger demand for biodiesel, with consolidated total income rising 11.54% year on year to ₹91.98 crore for the quarter ended June 30, 2026. The company also reported higher operating profit and a sharper rise in pre-tax earnings, while saying its recent move to the Main Board marked an important milestone in its expansion. According to the company’s results statement, the quarter was the first since its migration from the SME platform, and it also included a 10:1 bonus issue.
On a consolidated basis, earnings before interest, tax, depreciation and amortisation climbed 13.57% to ₹11.72 crore, while profit before tax increased 30.6% to ₹7.47 crore. Net profit rose 9.05% to ₹4.46 crore. The picture was less uniform at standalone level, where income increased 10.66% to ₹84.92 crore but EBITDA slipped 2.98% to ₹7.16 crore and profit after tax fell 7.83% to ₹1.06 crore. The company attributed some of the pressure on standalone profitability to the gap between international fossil fuel prices and biofuel economics.
Kotyark also said it exited its interests in Asia Bio Fuels LLP and Parth Renewable Energy LLP from April 1, 2026, meaning those entities no longer form part of its consolidated financials. Management said the company still had visibility on future revenue through an OMC order book worth ₹173.45 crore, referring to orders from oil marketing companies, and noted that a tender extension by two months should support execution in coming quarters. The company said it remains focused on cleaner-fuel demand, industrial use cases and disciplined cost control.
The broader industry backdrop remains favourable. Kotyark cited an Indian biodiesel market valued at $497 million in 2025 and projected to reach $950 million by 2034, supported by the National Policy on Biofuels and a 5% biodiesel blending target by 2030. The company said its facilities in Rajasthan and Gujarat process a range of feedstocks, including used cooking oil and non-edible oils, positioning it to benefit from the shift towards renewable fuels and circular-economy inputs.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
