For 1QFY2026 ended March 31, Nanofilm’s (SGX:MZH
) revenue saw an increase of 24% y-o-y to $55 million, driven by advanced materials consumer (AMC) under the advanced materials business unit (AMBU).
Nanofilm states that AMBU continues to be the largest revenue contribution, which accounts for 89% of total revenue during 1QFY2026. Within AMBU, AMC grew 32% y-o-y to $34 million, driven by strong performance in key product segments.
Advanced materials industrial (AMI) grew 9% y-o-y to $15 million, mainly supported by improved contributions from the European business.
Meanwhile, industrial equipment business unit (IEBU) saw a jump of 52% y-o-y to $2 million and nanofabrication business Unit (NFBU) grew 20% y-o-y to $3 million.
However, overall revenue growth was partially impacted by a drop in revenue from Sydrogen Energy (Sydrogen) which contracted 8% y-o-y to $400,000.
Gross margin improved to 39% in 1QFY2026, compared against 27% a year ago. The improvement in margin was supported by higher revenue and better cost control.
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Earnings before interest, tax, depreciation and amortisation (EBITDA) margin in 1QFY2026 was 26%, up from 12% in 1QFY2025.
Looking ahead, Nanofilm will continue to maintain disciplined cost control, adopting selective approach in capital expenditure and advancing targeted sales initiatives and promoting its suite of solutions to both international and local customers.
Shares of Nanofilm closed up 7.5 cents, or 7.94% higher at $1.02 on April 22. For the past one year, Nanofilm’s share price gained 88.9%.
