Polaris Holdings Co., Ltd. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

12,435.15

13,046.43

11,730.58

11,257.16

11,013.51

6,547.06

5,568.76

Other Operating Income

0.00

Total Operating income

12,435.15

13,046.43

11,730.58

11,257.16

11,013.51

6,547.06

5,568.76

Raw Material Cost

1,257.97

1,301.38

1,237.83

1,193.68

867.14

356.96

327.25

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

267.86

298.41

293.86

325.78

300.07

121.69

135.99

Selling and Distribution Expenses

10,246.84

10,573.69

9,481.31

9,134.58

9,180.44

5,597.39

4,438.06

Other Expenses

-26.79

-29.84

-29.39

-32.58

-30.01

-12.17

-13.60

Total Expenditure (Excl Depreciation)

11,504.81

11,875.07

10,719.13

10,328.26

10,047.59

5,954.35

4,765.31

Operating Profit (PBDIT) excl Other Income

930.3

1171.4

1011.4

928.9

965.9000000000001

592.7

803.4000000000001

Other Income

-18.47

8.49

-5.87

7.71

-3.98

-201.90

8.17

Operating Profit (PBDIT)

1,681.26

1,942.80

1,763.36

1,698.13

1,423.24

617.52

1,042.79

Interest

267.86

298.41

293.86

325.78

300.07

121.69

135.99

Exceptional Items

-130.65

91.52

-0.35

31.25

-3.89

0.00

Gross Profit (PBDT)

11,177.19

11,745.05

10,492.75

10,063.48

10,146.37

6,190.10

5,241.51

Depreciation

769.39

762.94

757.79

761.52

461.30

226.71

231.17

Profit Before Tax

513.37

972.97

711.36

642.08

657.98

269.12

675.63

Tax

-2,140.25

126.25

165.30

92.12

-740.21

-53.81

43.18

Provisions and contingencies

0.00

Profit After Tax

2,653.62

846.72

546.06

549.97

1,398.19

322.93

632.45

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

2,653.62

846.72

546.06

549.97

1,398.19

322.93

632.45

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

2,653.62

846.72

546.06

549.97

1,398.19

322.93

632.45

Equity Capital

0.00

Face Value

0.0

Reserves

32,155.56

29,422.28

28,596.58

28,057.66

28,329.42

26,689.08

8,324.68

Earnings per share (EPS)

11.34

3.62

2.34

2.35

5.98

2.37

4.97

Diluted Earnings per share

11.34

3.62

2.34

2.35

5.98

2.37

4.97

Operating Profit Margin (Excl OI)

7.48%

8.98%

8.62%

8.25%

8.77%

9.05%

14.43%

Gross Profit Margin

10.32%

13.31%

12.52%

12.47%

10.16%

7.57%

16.28%

PAT Margin

21.34%

6.49%

4.65%

4.89%

12.7%

4.93%

11.36%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Mar 2026 is -4.68% vs 11.22% in Dec 2025

Consolidate Net Profit

QoQ Growth in quarter ended Mar 2026 is 213.40% vs 55.04% in Dec 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Mar 2026 is -12.13% vs 9.33% in Dec 2025

Interest

QoQ Growth in quarter ended Mar 2026 is -10.22% vs 1.53% in Dec 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Mar 2026 has fallen from Dec 2025

Compare Quarterly Results Of Polaris Holdings Co., Ltd. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(JPY)

Change(%)

Net Sales

12,435.15

1,774.45

10,660.70

600.79%

Other Operating Income

0.00

Total Operating income

12,435.15

1,774.45

10,660.70

600.79%

Raw Material Cost

1,257.97

358.96

899.01

250.45%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

267.86

15.31

252.55

1,649.58%

Selling and Distribution Expenses

10,246.84

919.25

9,327.59

1,014.70%

Other Expenses

-26.79

-1.53

-25.26

-1,650.98%

Total Expenditure (Excl Depreciation)

11,504.81

1,278.22

10,226.59

800.06%

Operating Profit (PBDIT) excl Other Income

930.34

496.23

434.11

87.48%

Other Income

-18.47

-10.34

-8.13

-78.63%

Operating Profit (PBDIT)

1,681.26

568.18

1,113.08

195.90%

Interest

267.86

15.31

252.55

1,649.58%

Exceptional Items

-130.65

-0.96

-129.69

-13,509.38%

Gross Profit (PBDT)

11,177.19

1,415.49

9,761.70

689.63%

Depreciation

769.39

82.28

687.11

835.09%

Profit Before Tax

513.37

469.62

43.75

9.32%

Tax

-2,140.25

19.96

-2,160.21

-10,822.70%

Provisions and contingencies

0.00

Profit After Tax

2,653.62

449.65

2,203.97

490.15%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

2,653.62

449.65

2,203.97

490.15%

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

2,653.62

449.65

2,203.97

490.15%

Equity Capital

0.00

Face Value

0.00

Reserves

32,155.56

4,433.09

27,722.47

625.35%

Earnings per share (EPS)

11.34

35.81

-24.47

-68.33%

Diluted Earnings per share

11.34

35.81

-24.47

-68.33%

Operating Profit Margin (Excl OI)

7.48%

27.97%

0.00

-20.49%

Gross Profit Margin

10.32%

31.10%

0.00

-20.78%

PAT Margin

21.34%

25.34%

0.00

-4.00%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 1,243.52 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -4.68% vs 11.22% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 12.91% vs 155.62% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 265.36 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 213.40% vs 55.04% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 89.79% vs 203.36% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 169.97 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -12.13% vs 9.33% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 19.09% vs 163.71% in Mar 2025

Quarterly - Interest

Interest 26.79 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -10.22% vs 1.53% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -10.73% vs 79.38% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 7.48%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has fallen from Dec 2025

YoY Growth in quarter ended Mar 2026 has fallen from Mar 2025