DISAQBSEDisa India LtdHighNeutral
Announced Wed, 5 Nov · 17:57 IST

Outcome of the Board meeting for the meeting held on November 5, 2025

Revenue Growth 20pctEbitda Margin CompressionResults View source PDF

DISAQ · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Disa India's board approved unaudited standalone and consolidated financial results for Q2 FY26 (quarter ended September 30, 2025). Standalone revenue from operations grew 21.4% year-on-year to Rs. 1,035.4 million (vs Rs. 852.9 million in Q2 FY25), driven by strong demand. However, profit after tax slipped marginally to Rs. 122.3 million (vs Rs. 123.9 million), reflecting margin pressure as expenses, especially other expenses, rose 41.7% YoY. For the half year (H1 FY26), revenue grew 14.5% to Rs. 2,052.7 million while PAT declined to Rs. 253.8 million from Rs. 272.6 million. EPS stood at Rs. 84.10 for Q2 (vs Rs. 85.20) and Rs. 174.53 for H1 (vs Rs. 187.46). Order backlog remained healthy at Rs. 3,074 million. The statutory auditor (S.R. Batliboi & Associates LLP) issued an unqualified limited review report on both results.

Likely market impact

Positive top-line growth signals strong order execution and demand momentum, supported by a robust Rs. 3,074 million order backlog. However, flat-to-declining profitability and margin compression, along with a sharp drop in operating cash flow (Rs. 57.5 million in H1 FY26 vs Rs. 185.5 million in H1 FY25), may temper investor enthusiasm in the near term.