
Monolithisch India Shares Jump 11% Intraday After Record Q2 Results: Up Over 160% in 1 Year, Can the Rally Continue?
The Monolithisch India share jumped as much as 11% to Rs 1,305.90 on NSE SME on Monday, 26 Oct 2026, and traded near Rs 1,218 around 3:07 PM, up 3.5% from Friday's close of Rs 1,176.70. The trigger was record Q2 FY27 numbers, with revenue up 88.2% to Rs 53.59 crore and PAT up 145.1% to Rs 11.17 crore. The stock is up about 165% in one year (my calculation), but it gave back more than half of its morning gain.
Updated: 26 Oct 2026 • 3:14 pm
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Quick Answer
The Monolithisch India share rose 11% intraday because the company reported record Q2 FY27 numbers on Saturday, with revenue up 88.2%, EBITDA up 192.2% and PAT up 145.1% year on year. A greenfield plant began commercial production on 10 Oct and capacity is set to rise from about 5,76,000 tonnes a year to 8,75,000 tonnes. The rally faded from Rs 1,305.90 to about Rs 1,218, and the stock trades near 92 times trailing earnings against an industry level of 51, so further gains depend on execution. This is educational and not a recommendation to buy or sell.
The Monolithisch India share price has now risen about 165% in the last year and about 143% since the start of 2026 (my calculation), which is close to the 170% and 140% figures in the headline that prompted this article. Those headline figures were an earlier reading, and I use data provider prices throughout so that every number can be checked.
This article explains the reason behind the Monolithisch India share rally, the Q2 numbers, the capacity plan, valuation, shareholding, technical levels and the risks of an SME stock after such a run. It is educational and not advice.
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Monolithisch India Share Price Today: An 11% Jump That Faded
| Monolithisch India share: measure (NSE SME, about 3:07 PM) | Reading |
|---|---|
| Last price | Rs 1,218.00, up 3.51% |
| Previous close (23 Oct) | Rs 1,176.70, down 2.7% that day (my calculation) |
| Open | Rs 1,189.95 |
| Day high | Rs 1,305.90, up about 11.0% on the previous close (my calculation) |
| Day low | Rs 1,179.00 |
| Fall from the day high to the last price | About 6.7% (my calculation) |
| Volume | 89,250 shares, about twice Friday's 43,750 (my calculation) |
| 52-week high and low | Rs 1,505 and Rs 367 |
| Distance from the 52-week high | About 19.1% below (my calculation) |
The morning move was sharp and the afternoon was not. The Monolithisch India share opened at Rs 1,189.95, climbed to Rs 1,305.90 and then slipped back toward Rs 1,218, which means that buyers who chased the high are sitting on a loss at the time of writing. Order book quantities are shown in blocks of 250 shares, and total sell quantity of 31,500 shares was about twice the buy quantity of 15,250, a thin book where small orders move the price.
The stock is still about 19.1% below the 52-week high of Rs 1,505 reached on 11 Sep 2026, so the Monolithisch India share has not made a new high on the results. It traded between Rs 1,134.95 and Rs 1,264.30 in the sessions before the results, which is the range that the market is now defending.
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Reason Behind the Monolithisch India Share Rally: Record Q2 FY27 Results
| Monolithisch India Q2 results: item (quarter ended 30 Sep 2026) | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue from operations | Rs 53.59 crore | Rs 28.48 crore | Up 88.2% |
| EBITDA | Rs 15.80 crore | Rs 5.41 crore | Up 192.2% |
| EBITDA margin | 29.5% | 19.0% | Up 1,049 basis points |
| Profit after tax | Rs 11.17 crore | Rs 4.56 crore | Up 145.1% |
| PAT margin | 20.8% | 16.0% | Up 484 basis points |
| Diluted EPS | Rs 5.14 | Rs 2.22 | Up 131.5% (my calculation) |
The Monolithisch India Q2 results were announced on Saturday, 24 Oct, so Monday was the first full session to react. The figures above come from the company's press release, which was carried as a paid release, so they are company-reported and not independently verified. The data provider shows slightly different numbers, with revenue of Rs 53.77 crore, EBITDA of Rs 15.98 crore and the same PAT of Rs 11.17 crore, and I treat the gap as a definition difference.
The Monolithisch India share story rests on profit growing faster than revenue, because the business has operating gearing, with fixed plant costs spread over higher sales. The EBITDA margin rose to about 29.5% from 19.0%, and that margin expansion explains why EBITDA nearly tripled while revenue less than doubled. Chairman Prabhat Tekriwal called the quarter an important step in the company's growth journey.
Five-Quarter Trend: How the Business Has Grown
| Monolithisch India share: quarter (data provider) | Revenue (Rs crore) | EBITDA (Rs crore) | EBITDA margin | Net profit (Rs crore) |
|---|---|---|---|---|
| Sep 2025 | 29.42 | 6.34 | 22.3% | 4.56 |
| Dec 2025 | 37.75 | 8.94 | 23.96% | 6.08 |
| Mar 2026 | 41.03 | 11.80 | 29.03% | 8.11 |
| Jun 2026 | 48.28 | 14.20 | 30.09% | 10.07 |
| Sep 2026 | 53.77 | 15.98 | 29.8% | 11.17 |
The trend behind the Monolithisch India share rally is steady and not a one-quarter spike. Revenue has risen for five quarters in a row, and net profit has risen from Rs 4.56 crore to Rs 11.17 crore, a rise of about 145% (my calculation). Against the previous quarter, revenue grew 11.4% and profit grew 10.9% (my calculation), while the EBITDA margin eased slightly to 29.8% from 30.09%, so the pace of margin expansion has levelled off.
For the Monolithisch India share, H1 FY27 revenue is about Rs 102.05 crore and H1 profit about Rs 21.24 crore (my calculation, from the data provider). That means the company has already earned about 92% of its full FY26 profit of Rs 23.03 crore in six months, and about 74.5% of FY26 revenue of Rs 136.99 crore.
Capacity Expansion and FY27 Guidance for the Monolithisch India Share
| Monolithisch India capacity and guidance item | Detail |
|---|---|
| Product | Premixed ramming mass, a refractory used to line induction furnaces in secondary steel plants |
| Installed capacity today | About 5,76,000 tonnes a year, across West Bengal and Jharkhand |
| Greenfield plant | Commercial production began on 10 Oct 2026, after the quarter ended |
| New plants proposed | Udaipur in Rajasthan and near Hospet in Karnataka, adding 3,00,000 tonnes a year for an estimated Rs 45 crore |
| Target capacity | About 8,75,000 tonnes a year; the press release says by Q3 FY28 and the call notice says by July 2027 |
| Raw material | A quartzite mining block in Bihar with approved capacity of 7,10,000 tonnes a year; mining targeted for about mid-January 2027, subject to approvals |
| FY27 revenue guidance | Rs 250 crore, retained until the mines start, then to be reviewed |
For the Monolithisch India share, the guidance is the figure to watch. Rs 250 crore is about 82.5% above FY26 revenue of Rs 136.99 crore, and with H1 revenue of about Rs 102.05 crore, the company needs about Rs 148 crore in H2 (my calculation). That is about 45% more than H1, which the new greenfield plant should support if demand holds.
The two sources disagree on the date by which the full capacity is ready, one saying Q3 FY28 and the other July 2027, so please treat the target date as unconfirmed. The company holds a management call on Tuesday, 27 Oct at 1:30 PM, and that call may clear up the timeline, the mining approvals and the order position.
Up Over 160% in 1 Year: How Far the Monolithisch India Share Has Run
| Monolithisch India share: period | Start (Rs) | Now (Rs) | Change (my calculation) |
|---|---|---|---|
| Since the IPO price (June 2025) | 143.00 | 1,218.00 | Up about 752% |
| Since the listing price of Rs 231.55 | 231.55 | 1,218.00 | Up about 426% |
| One year (close of 21 Oct 2025) | 460.05 | 1,218.00 | Up about 165% |
| Year to date (close of 31 Dec 2025) | 502.00 | 1,218.00 | Up about 143% |
| From the 52-week low of 13 Mar 2026 | 367.00 | 1,218.00 | Up about 232% |
| From the 52-week high of 11 Sep 2026 | 1,505.00 | 1,218.00 | Down about 19.1% |
Most of the gain in the Monolithisch India share rally came in 2026. The Monolithisch India share was near Rs 500 at the end of 2025 and fell to Rs 367 in March, then rose steadily from May and reached Rs 1,505 in September, which means the stock gained about 310% in six months from the March low to the September high (my calculation). The headline compares this with a 9% fall in the Nifty SME Emerge index over one year and a 2% fall this year, which I could not verify independently.
A rally of this size also makes the Monolithisch India share sensitive to news. It fell about 19% from the September high to the October low of Rs 1,134.95 even before the results, so a strong quarter has to be repeated to keep the price where it is.
Valuation and Shareholding of the Monolithisch India Share
| Monolithisch India share: valuation (data provider) | Reading |
|---|---|
| Market capitalisation at Friday's close | Rs 2,558 crore; about Rs 2,640 crore at Rs 1,218 (my calculation) |
| Trailing price to earnings | 88.87; about 92 at Rs 1,218 (my calculation) |
| Industry price to earnings | 51.16 |
| Earnings per share (trailing) | Rs 13.24 |
| Price to annualised Q2 earnings | About 59 times (my calculation, using Rs 5.14 times four) |
| Book value per share | Rs 60.13 |
| Price to book | 19.57; about 20.3 at Rs 1,218 (my calculation) |
| Return on equity | 17.62% |
| Debt to equity | 0.05 |
| Dividend yield | 0.00% |
| Monolithisch India share: shareholding | Sep 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|
| Promoters | 74.15% | 74.27% | 74.27% | 74.57% |
| Foreign institutions | 2.37% | 1.31% | 1.79% | 1.61% |
| Domestic institutions | 0.00% (feed gap) | 2.61% | 2.82% | 2.76% |
| Public | 23.47% | 21.81% | 21.12% | 21.06% |
The Monolithisch India share trades at a large premium to its industry on trailing earnings, and on a price to book of about 20 against a return on equity of 17.62%. The premium rests on how fast earnings grow, and the market is already paying for the capacity that has not yet started. Debt to equity of 0.05 is low, which gives the company behind the Monolithisch India share room to fund the new plants.
Promoter holding is 74.57% in Sep 2026, up slightly from 74.27% in June, and institutions together hold about 4.4% (my calculation). The promoter group of the Monolithisch India share is led by Kargil Transport Private Limited with 64.04% and Prabhat Tekriwal with 9.89% as of June 2026. A small institutional base means that a few sellers can move the price, which is part of the thin-order-book risk.
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Monolithisch India Share Price Target: What the Only Brokerage Call Said
The only brokerage view on the Monolithisch India share that I could find is from Choice Institutional Equities, which initiated coverage in June 2026 with a Buy rating and a target of Rs 960, about 38.4% above the Rs 693.50 close of that day. The Monolithisch India share price target of Rs 960 has since been crossed, and the stock trades about 26.9% above it (my calculation).
Choice projected capacity rising from about 2,10,000 tonnes to about 5,75,000 tonnes by early FY27, revenue rising from Rs 135.3 crore in FY26 to Rs 453.2 crore in FY29, and utilisation near 85% by FY29. It flagged risks that included execution delays, customer concentration, working capital needs and valuation de-rating. I found no updated Monolithisch India share price target after the Q2 results, so I do not give one.
Technical Levels for the Monolithisch India Share
| Monolithisch India share: indicator (daily) | Reading |
|---|---|
| 14-day RSI | About 48.6, neutral |
| 20-day EMA and 20-day average | Rs 1,224.99 and Rs 1,232.40, just above the price |
| SuperTrend | Sell; upper band Rs 1,360.29, lower band Rs 1,050.80 |
| MACD | Minus 3.02 against a signal of 4.42, negative |
| ADX and directional lines | ADX 20.5; plus DI 23.5, minus DI 24.5, a weak trend |
| Bollinger bands | Lower Rs 1,162.14, middle Rs 1,232.40, upper Rs 1,302.65 |
| Average true range | About Rs 69.34 a day, about 5.7% of the price (my calculation) |
| Monolithisch India share: level | Rs | What it marks |
|---|---|---|
| Resistance 3 | 1,505.00 | 52-week high |
| Resistance 2 | 1,360.29 | SuperTrend upper band |
| Resistance 1 | 1,305.90 | Today's high, close to the upper Bollinger band |
| Support 1 | 1,179.00 | Today's low, near Friday's close of Rs 1,176.70 |
| Support 2 | 1,134.95 | 23 Oct low |
| Support 3 | 1,050.80 | SuperTrend lower band |
The daily chart shows a Monolithisch India share that jumped on news but has not changed its trend. The RSI is neutral near 48.6, the price sits just under the 20-day averages, and the SuperTrend is still on a sell signal. The ADX of 20.5 says that there is no strong trend in either direction, which fits a stock that has moved sideways between about Rs 1,150 and Rs 1,300 for several weeks.
For the Monolithisch India share, a close above Rs 1,305.90 would be the first sign that buyers can hold the results gain, and a close under Rs 1,134.95 would put the lower SuperTrend band near Rs 1,050.80 in view. With an average daily range near Rs 69, a move of 5% in a day is normal, so levels should match your own risk limit. These are indicator readings and not recommendations.
Can the Monolithisch India Share Rise Further? A Framework by Investor Type
| Investor type | Things to weigh | What to check |
|---|---|---|
| Long-term investor | Profit growth of about 145% and new capacity against a trailing price to earnings near 92 | Whether H2 revenue reaches about Rs 148 crore and the margin holds near 29% |
| Short-term trader | A weak trend with resistance near Rs 1,306 and support near Rs 1,135 to Rs 1,179 | Volume and the order book depth before entering |
| Existing holder | A 143% gain this year against a 19% fall from the September high | Your entry price, position size and risk limit |
None of these rows is a recommendation. For the Monolithisch India share, the company gave no order book figure and no volume data in the press release, and the call on 27 Oct may add detail. What the numbers show is a fast-growing small business whose price already reflects much of that growth.
Risks to Check Before You Act on the Monolithisch India Share
- Valuation. The Monolithisch India share trades near 92 times trailing earnings against an industry level of 51, which leaves little room for a weak quarter.
- Execution. The new plants and the Bihar mining block both depend on approvals and timelines, and the sources disagree on the capacity date.
- Customer concentration. Choice flagged customer concentration, and the company sells mainly to secondary steel makers, so a slowdown in induction furnace steel would hit demand.
- Liquidity. The Monolithisch India share trades only about 89,000 shares a day, so exits can be hard when many sellers arrive together.
- Raw material cost. The company needs quartzite, and delays in mining would raise the cost of buying it from outside.
Conclusion
The Monolithisch India share jumped 11% intraday on record Q2 numbers, with revenue up 88.2% and PAT up 145.1%, but it faded to about Rs 1,218 and the trend on the daily chart is still neutral. The growth story is backed by a new plant and a Rs 250 crore revenue guidance, while the price already asks for 92 times trailing earnings, so read the 27 Oct call, watch the levels near Rs 1,135 and Rs 1,306, and decide according to your own risk profile.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did the Monolithisch India share jump 11% intraday?
Ans. The company reported record Q2 FY27 results on Saturday, 24 Oct, with revenue up 88.2% to Rs 53.59 crore, EBITDA up 192.2% to Rs 15.80 crore and PAT up 145.1% to Rs 11.17 crore. The stock rose to Rs 1,305.90, up about 11% on the previous close, and then faded to about Rs 1,218 around 3:07 PM.
What are the Monolithisch India Q2 results?
Ans. Revenue was Rs 53.59 crore against Rs 28.48 crore a year ago, and the EBITDA margin widened to 29.5% from 19.0%. PAT was Rs 11.17 crore against Rs 4.56 crore, with a PAT margin of 20.8% and diluted EPS of Rs 5.14. The data provider shows slightly different revenue and EBITDA figures, at Rs 53.77 crore and Rs 15.98 crore.
Is the Monolithisch India share price target available?
Ans. The only brokerage call I found is from Choice Institutional Equities in June 2026, with a Buy rating and a target of Rs 960, which the stock has since crossed. I found no updated target after the Q2 results, so I do not give one. Please check the latest research and your own risk profile.
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