MONOLITH
Monolithisch India Limited
NSEFiling History
Recent corporate announcements and filings for MONOLITH
Business Update
Positive
2026-10-29 15:59
Management Guidance & Outlook
- Revenue target for FY28 of over ₹500 crores remains intact.
- Commercial mining in Bihar is targeted to begin around mid-January 2027, subject to approvals.
- Regional facilities in Karnataka and Rajasthan are scheduled for commercialization in July 2027 and November 2027, respectively.
- Absolute inventory value target for fiscal 2027 is expected to be around ₹30 crores to ₹34 crores at the group level.
Current Scenario & Operations
- Greenfield capacity commenced commercial production on October 10, 2026, and is expected to reach peak utilization in 12 to 18 months.
- SGB series continues to perform well, contributing around 60% to 62% of revenues.
- Backward integration of mines is expected to significantly reduce raw material costs and optimize supply chain security.
- Customer retention rate for the quarter stood at a high of 73.6%.
Business Update
Neutral
2026-10-29 15:59
- Monolithisch India Limited submitted the audio recording link of the Earning Call held with investors and analysts on October 27, 2026.
- The submission was made pursuant to Regulation 30 and Regulation 46(2)(oa) of SEBI (LODR) Regulations, 2015.
- The audio link has been made available on the company's website.
Business Update
Neutral
2026-10-27 16:01
- Monolithisch India Limited submitted the audio recording link of the Earning call held with Investors/Analysts on October 27, 2026.
- The filing is made pursuant to Regulation 30 and Regulation 46(2)(oa) of SEBI (LODR) Regulations, 2015.
- The audio link is made available on the company website.
Business Update
Positive
2026-10-25 21:32
- Q2 FY27 Revenue grew 88.2% YoY to ₹53.6 Cr; EBITDA jumped 192.2% YoY to ₹15.8 Cr and PAT rose 145.1% YoY to ₹11.2 Cr.
- H1 FY27 Revenue reached ₹100.8 Cr (up 75.9% YoY) with PAT of ₹21.2 Cr (up 141.3% YoY).
- Installed capacity planned to expand from 576,000 MTPA to 875,000 MTPA by FY28.
- Captive mine commissioning targeted in Q4 FY27.
Business Update
Positive
2026-10-24 18:58
- Q2 FY27 consolidated revenue jumped 88.2% YoY to ₹53.59 Cr; PAT rose 145.1% to ₹11.17 Cr.
- EBITDA surged 192.2% to ₹15.80 Cr with margin expanding to 29.5%.
- Maintained FY27 revenue guidance at ₹250 Cr.
- Adding 300,000 MTPA capacity across Rajasthan and Karnataka for ₹45 Cr.
Financials
Positive
2026-10-24 18:54
Q2 FY27 Consolidated Revenue ₹5,359.29Cr vs ₹2,848.14Cr (▲88% YoY)
EBITDA ₹1,559.88Cr vs ₹596.22Cr (▲162% YoY)
PAT ₹1,117.40Cr vs ₹455.85Cr (▲145% YoY)
EBITDA Margin 29.11% vs 20.93% (▲818bps)
Financials
Neutral
2026-10-24 18:25
- Monolithisch India Limited submitted financial results for the period ended September 30, 2026.
- Detailed financial tables were not provided in the announcement.
Business Update
Neutral
2026-10-20 11:23
Concall Schedule
Concall Date: Tuesday, October 27, 2026
Concall Time: 1:30 PM IST
Business Update
Positive
2026-10-02 14:20
Management Guidance & Outlook
- Company is eyeing a revenue target of ₹500 crores to ₹550 crores for FY28.
- Expects EBITDA margins to improve significantly due to raw material cost reduction of ₹1,300 to ₹1,400 per metric ton from backward integration.
- Plans to be largely debt-free, funding expansions primarily through internal accruals with minimal short-term debt if needed.
Capex & Capacity Expansion
- Announced two new greenfield manufacturing projects: Western India Facility (Udaipur, Rajasthan) with 1,75,000 MTPA capacity and ₹25 crores capex, and Southern India Facility (Hospet, Karnataka) with 1,25,000 MTPA capacity and ₹20 crores capex.
- Total production capacity is expected to reach approximately 8,75,000 MTPA upon successful commissioning.
- Commercial production expected by July 2027 (South) and November 2027 (West).
Growth Drivers & Operational Updates
- Acquired Nawada quartzite mine block in Bihar, securing raw material supply and reducing inventory holding requirements significantly.
- Mines will be operated via fixed raising contracts to avoid direct mining execution risks and capital expenditure.
Business Update
Neutral
2026-09-30 16:41
- Monolithisch India Limited submitted the audio recording link of the Investor Con-call held on September 30, 2026.
- The submission was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
- The audio recording is accessible via the provided Google Drive link and will be hosted on the company's website in compliance with Regulation 46(2)(oa).
Business Update
Neutral
2026-09-29 19:13
Concall Schedule
Concall Date: September 30th, 2026
Concall Time: 11:30 AM IST
Business Update
Neutral
2026-09-29 18:15
Concall Schedule
Concall Date: Wednesday, September 30th, 2026
Concall Time: 11:30 A.M. IST
Business Update
Positive
2026-09-29 13:18
Monolithisch India Limited announced a significant manufacturing expansion by establishing Advanced Silica Complexes in Western and Southern India.
- Western India Facility (Udaipur, Rajasthan): Initial capacity of 175,000 MTPA with an estimated CAPEX of ₹25 crore; commercial production expected by November 2027.
- Southern India Facility (Hospet, Karnataka): Initial capacity of 125,000 MTPA with an estimated CAPEX of ₹20 crore; commercial production expected by July 2027.
- Combined new capacity: 300,000 MTPA with a total estimated CAPEX of ₹45 crore, taking the company's total expected capacity to 875,000 MTPA.
Business Update
Positive
2026-09-25 14:34
- SGB Limited achieved a record 32-heat campaign using its refractory lining material at Shree Ram Multimetals, surpassing the peer standard of 22 to 25 heats.
- The trial was conducted under a challenging charge mix of 70% scrap and 30% sponge and pellets, demonstrating high resilience.
- This success drives immediate commercial traction with new plant trials and accelerates the company's multi-region expansion strategy across India.
Business Update
Positive
2026-09-23 19:24
- Monolithisch India Limited appointed Ernst & Young LLP (EY) as its Investor Relations Partner. This appointment is effective from October 1, 2026, for a period of one year, aiming to strengthen investor communication and stakeholder engagement.
Business Update
Positive
2026-09-23 19:21
- Monolithisch India Limited has appointed Ernst & Young LLP (EY) as its Investor Relations (IR) Partner.
- The appointment is effective from October 1, 2026, for one year, until September 30, 2027.
- EY will provide advisory and execution support to strengthen investor engagement and communication.
Business Update
Positive
2026-09-17 13:34
- Greenfield Project of subsidiary Metalurgica India Private Limited's ritual ceremony completed.
- Dry runs of installed equipment have commenced for systematic testing.
- Commercial production to begin from 10th October, 2026.
- Grand inauguration ceremony to be organized on an auspicious date.
Business Update
Positive
2026-09-10 22:46
- Monolithisch India Limited secured a Flagship Quartzite Stone Block in Nawada District, Bihar, via e-auction for ₹157 crore, allocated for 5 years.
- The block offers 7,10,000 MT per annum mining capacity, strengthening raw material security and reducing procurement costs.
- Commercial operations are expected to commence from February/March 2027.
- Management aims to reduce raw material inventory by 50% in H2FY27 to achieve a near debt-free balance sheet.
Governance
Neutral
2026-09-04 20:31
- Board approved the appointment of M/s. R K Jagetiya & Co. as Joint Statutory Auditors for 3 years.
- Ratified remuneration of Mr. Ajay Deep Wadhwa as Cost Auditor for FY 2026-27.
- Approved convening of the 8th Annual General Meeting (AGM) on September 29, 2026, at 03:00 P.M. (IST).
- Appointed Ms. Supriya Kumari as the Chief Financial Officer (CFO) effective September 4, 2026.
- Mr. Prabhat Tekriwal ceased as CFO effective September 4, 2026, but continues as Chairman and Whole-Time Director.
Business Update
Positive
2026-08-24 20:40
- Monolithisch India Limited is evaluating opportunities to participate in government mining auctions/acquisitions as part of its backward integration strategy to secure strategic mineral resources, strengthen the supply chain, and support future business expansion. The MD is authorized for this.
Business Update
Positive
2026-07-29 12:42
- Q1 FY27 Consolidated Revenue: ₹47 Cr (▲64% YoY, ▲16% QoQ)
- EBITDA: ₹13 Cr (▲99% YoY, ▲15% QoQ)
- PAT: ₹10 Cr (▲135% YoY, ▲24% QoQ)
- EBITDA Margin: 28% and PAT Margin: 21% for Q1 FY27.
- SGB Limited premium product contributed ~50% of Q1 revenue, expected to reach 60-65% in Q2 FY27 and 60-70% by FY27 end, driving margin expansion.
- Greenfield project is on track for commissioning in Q2 FY27 (dry run September 14, 2026; commercial production by September 23/24, 2026), doubling manufacturing capacity from 2.56 lakh MTPA to 5.74 lakh MTPA.
- Q2 FY27 Revenue Guidance: ₹55-60 Cr; FY27 Revenue Guidance: ~₹250 Cr.
- Long-term outlook: Aim to become the largest silica and silica-related products company in India, with full utilization of expanded capacity generating ₹495-500 Cr revenue within 1-1.5 years.
- Strong order book (130-135% of monthly supply) and optimistic about sustained growth due to infrastructure investments, increasing steel production, and premium product portfolio.
Business Update
Neutral
2026-07-27 17:23
- Monolithisch India Limited submitted the audio recording of its Earnings call held with Investors/Analysts on July 27, 2026.
- The recording is available via a provided Google Drive link and will also be on the company's website.
Financials
Positive
2026-07-25 19:50
- Consolidated Revenue ₹47.18 Cr vs ₹28.76 Cr (▲64% YoY)
- EBITDA ₹13.11 Cr vs ₹6.59 Cr (▲99% YoY)
- PAT ₹10.07 Cr vs ₹4.28 Cr (▲135% YoY)
- EBITDA Margin 27.79% vs 22.91% (▲488 bps)
- Q2 FY27 Revenue Guidance: ₹55-60 Cr.
- Greenfield plant dry run to commence on September 14, 2026.
Financials
Positive
2026-07-25 19:36
- Consolidated Revenue ₹48.28 Cr vs ₹28.80 Cr (▲67.09% YoY)
- EBITDA ₹13.11 Cr vs ₹6.58 Cr (▲99.14% YoY)
- PAT ₹10.07 Cr vs ₹4.29 Cr (▲134.72% YoY)
- EBITDA Margin 27.16% vs 22.86% (▲430bps)
Business Update
Neutral
2026-07-20 15:10
- Concall Schedule
- Concall Date: Monday, July 27th, 2026
- Concall Time: 03:00 P.M. IST