Gem Aromatics Limited (GEMAROMA) — Financial Results | 13 August 2026 (2 announcements)

Gem Aromatics reported consolidated revenue of ₹98.9 crores for Q1FY27, up 12.8% YoY, driven by growth in mint and clove segments despite seasonal softness. Gross margin declined to 16.7% from 29.5% a year ago due to higher raw material costs and depreciation from Dahej capex. The company posted a consolidated PAT of ₹-7.9 crores, a 198.6% YoY drop, reflecting profitability pressure. Management highlighted progress in cooling agents and Safranal, with revenue expected from Q2FY27 onward, and a new Brazil subsidiary to expand Latin American reach. Capex of ~₹265 crores at Dahej is underway, targeting margin improvement as capacity utilization rises.

Gem Aromatics reported standalone revenue of ₹83.0 crores for Q1FY27, up 8.6% YoY from ₹76.4 crores in Q1FY26, but down 26.1% QoQ from ₹112.2 crores in Q4FY26. Consolidated revenue reached ₹98.9 crores, a 12.8% YoY increase but a 10.5% QoQ decline. Gross margin fell sharply to 16.7% from 29.5% YoY due to higher raw material costs and product mix, while PAT turned negative at -₹7.9 crores versus ₹8.0 crores YoY. The company highlighted raw material price pressures from Madagascar floods affecting clove supply, though conditions have normalized. Forward guidance includes scaling Krystal Ingredients' new product lines and launching a Brazil subsidiary. Investor takeaway: Short-term margin pressure persists despite revenue growth, with profitability expected to improve as higher-value products scale.