Linc Limited — Investor Meet, 13-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Linc Ltd's Q1 FY26 revenue grew 5.3% YoY. PAT declined 16.4% to Rs. 7.05 Cr (5.1% margin), impacted by JPY currency hit on Uniball imports & modern trade push. EBITDA margin was 9.6%.

Company is strategically expanding beyond pens into a Rs. 38,000 Cr market with markers, highlighters, and pencils. New Pentonic mechanical pencils & SWYPE markers seeing strong consumer response. Export growth is a key focus.

Joint ventures are on track: Uniball JV production starts Oct '25 for Rs. 50 pens, and Turkish JV is already producing. Management anticipates FY26 will see a reversal in volume degrowth, with strong Q2 momentum. Investor takeaway: Linc is navigating short-term margin pressures by investing in long-term strategic category expansion and JV growth.