MAIRE Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Net Sales

1,810.35

1,775.05

1,683.14

1,689.34

1,747.13

1,508.96

1,360.53

Other Operating Income

0.00

Total Operating income

1,810.35

1,775.05

1,683.14

1,689.34

1,747.13

1,508.96

1,360.53

Raw Material Cost

1,678.51

1,648.38

1,635.59

1,539.38

1,634.31

1,395.82

1,256.18

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

192.23

209.64

212.82

194.26

204.35

174.82

183.80

Power Cost

0.00

Manufacturing Expenses

22.26

26.41

27.73

15.39

16.34

19.71

18.59

Selling and Distribution Expenses

57.55

31.21

-2.27

66.38

32.50

26.29

27.34

Other Expenses

-21.09

-23.42

-23.76

-20.71

-21.86

-19.10

-19.88

Total Expenditure (Excl Depreciation)

1,739.65

1,681.39

1,636.23

1,608.26

1,668.92

1,425.62

1,287.12

Operating Profit (PBDIT) excl Other Income

70.7

93.69999999999999

46.900000000000006

81.1

78.2

83.3

73.4

Other Income

14.28

21.32

31.05

10.80

14.53

9.54

21.75

Operating Profit (PBDIT)

154.98

147.15

149.44

124.26

129.41

107.93

108.81

Interest

22.26

26.41

27.73

15.39

16.34

19.71

18.59

Exceptional Items

0.00

Gross Profit (PBDT)

131.84

126.67

47.55

149.96

112.82

113.14

104.34

Depreciation

18.59

16.62

16.71

15.47

16.71

14.69

14.16

Profit Before Tax

114.12

104.12

105.00

93.39

96.36

73.52

76.06

Tax

35.09

33.83

32.55

29.43

27.72

25.54

25.18

Provisions and contingencies

0.00

Profit After Tax

66.66

66.91

65.16

61.54

61.07

46.72

47.11

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

66.66

66.91

65.16

61.54

61.07

46.72

47.11

Share in Profit of Associates

0.00

Minority Interest

13.00

5.04

3.75

2.45

6.83

0.80

3.25

Other related items

0.00

Consolidated Net Profit

79.67

71.95

68.90

63.99

67.90

47.52

50.36

Equity Capital

0.00

Face Value

0.0

Reserves

712.84

644.70

573.28

640.82

595.79

557.40

502.96

Earnings per share (EPS)

0.2

0.19

0.14

Diluted Earnings per share

0.2

0.19

0.14

Operating Profit Margin (Excl OI)

6.75%

6.15%

6.04%

5.8%

5.62%

5.55%

5.36%

Gross Profit Margin

7.33%

6.8%

7.23%

6.44%

6.47%

5.85%

6.63%

PAT Margin

3.68%

3.77%

3.87%

3.64%

3.5%

3.1%

3.46%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Dec 2025 is 3.62% vs 51.54% in Dec 2024

Consolidate Net Profit

YoY Growth in quarter ended Dec 2025 is 17.38% vs 66.01% in Dec 2024

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Dec 2025 is 22.45% vs 46.18% in Dec 2024

Interest

YoY Growth in quarter ended Dec 2025 is 36.81% vs 13.19% in Dec 2024

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024

Compare Quarterly Results Of MAIRE With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(EUR)

Change(%)

Net Sales

1,810.35

1,310.48

499.87

38.14%

Other Operating Income

0.00

Total Operating income

1,810.35

1,310.48

499.87

38.14%

Raw Material Cost

1,678.51

1,211.38

467.13

38.56%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

192.23

112.53

79.70

70.83%

Power Cost

0.00

Manufacturing Expenses

22.26

34.00

-11.74

-34.53%

Selling and Distribution Expenses

57.55

55.60

1.95

3.51%

Other Expenses

-21.09

-14.65

-6.44

-43.96%

Total Expenditure (Excl Depreciation)

1,739.65

1,266.98

472.67

37.31%

Operating Profit (PBDIT) excl Other Income

70.69

43.50

27.19

62.51%

Other Income

14.28

3.67

10.61

289.10%

Operating Profit (PBDIT)

154.98

149.82

5.16

3.44%

Interest

22.26

34.00

-11.74

-34.53%

Exceptional Items

0.00

Gross Profit (PBDT)

131.84

99.10

32.74

33.04%

Depreciation

18.59

58.65

-40.06

-68.30%

Profit Before Tax

114.12

57.16

56.96

99.65%

Tax

35.09

46.93

-11.84

-25.23%

Provisions and contingencies

0.00

Profit After Tax

66.66

0.73

65.93

9,031.51%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

66.66

0.73

65.93

9,031.51%

Share in Profit of Associates

0.00

Minority Interest

13.00

10.23

2.77

27.08%

Other related items

0.00

Consolidated Net Profit

79.67

10.96

68.71

626.92%

Equity Capital

0.00

Face Value

0.00

Reserves

712.84

1,116.00

-403.16

-36.13%

Earnings per share (EPS)

0.20

-0.02

0.22

1,100.00%

Diluted Earnings per share

0.20

-0.02

0.22

1,100.00%

Operating Profit Margin (Excl OI)

6.75%

6.68%

0.00

0.07%

Gross Profit Margin

7.33%

8.84%

0.00

-1.51%

PAT Margin

3.68%

0.06%

0.00

3.62%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 181.03 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is 1.99% vs 5.46% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 3.62% vs 51.54% in Dec 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 7.97 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is 10.69% vs 4.50% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 17.38% vs 66.01% in Dec 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 14.07 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is 11.84% vs 6.25% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 22.45% vs 46.18% in Dec 2024

Quarterly - Interest

Interest 2.23 Million

in Dec 2025

Figures in Million

QoQ Growth in quarter ended Dec 2025 is -15.53% vs -4.69% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 36.81% vs 13.19% in Dec 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 6.75%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 has improved from Sep 2025

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024