Prism Johnson Q1 FY 2026-27 Results: Swings To Profit At Rs 112 Crore On Exceptional Gain, Stock Jumps 15.6%
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Prism Johnson shares jumped after the company swung to profit in the June quarter on a one-time exceptional gain, with its tiles and RMC businesses driving stronger operating performance.
Prism Johnson Q1 FY 2026-27 Results: Building materials company Prism Johnson Ltd reported its financial results for the quarter ended June 30, 2026, on Friday, August 7, with shares jumping as much as 15.6% following the announcement, before cooling off from the highs.
The company swung back to profit for the quarter, reporting a consolidated net profit of Rs 112 crore, compared with a loss of Rs 5.56 crore in the year-ago period. The turnaround was aided by a one-time exceptional gain of Rs 33 crore during the quarter, against no exceptional item in the corresponding period last year.
Revenue from operations rose 2.6% year-on-year to Rs 1,835.2 crore from Rs 1,789.3 crore.
At the operating level, EBITDA rose 26.6% year-on-year to Rs 220.5 crore from Rs 174.1 crore, while EBITDA margin expanded to 12% from 9.73% a year earlier.
Business Performance
Prism Johnson described the June quarter as one of its strongest quarterly performances, with profitability supported by robust execution in its H&R Johnson tiles business and Prism RMC, while the cement business remained resilient despite a softer market.
Management said disciplined cost management, operational efficiencies and calibrated pricing actions helped offset headwinds such as elevated fuel costs, raw material inflation following the Middle East crisis, and a competitive pricing environment in the cement industry.
Stake Divestment, Debt Reduction
Prism Johnson said the completed divestment of its 51% stake in Raheja QBE General Insurance would sharpen its focus on its core building materials businesses and accelerate deleveraging. The Rs 325.87-crore transaction was completed on July 1, with its financial impact expected to reflect in the September quarter.
The company added that it is continuing to strengthen its balance sheet through debt reduction and non-core asset monetisation. As of August 6, its standalone gross debt had reduced to Rs 493 crore from Rs 1,048 crore as of June 30.
Prism Johnson Share Price
Shares of Prism Johnson cooled off from the highs after the initial spike, trading 4% higher at Rs 117.8. The stock is down 15% so far this year.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit www.kotakneo.com/disclaimer
Rochelle Britto is a business journalist with 8+ years of experience in financial journalism. She covers equity markets, corporate earnings, IPOs, commodities and the economy.
As a reporter with leading business publications, she has tracked financial markets and covered sectors including banking and financial services, retail, consumer goods, advertising and e-commerce.
Outside work, she enjoys travelling, discovering local cultures and spending time in nature.
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