Ellenbarrie Q2 FY26 results: H1 revenue up 6.7 percent, PAT up 21 percent YoY
ELLEN · price
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On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.3 pts less than its Industrial Gases peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ellenbarrie Industrial Gases reported H1 FY26 revenue from operations of 1,728.03 million rupees, up about 6.7 percent from 1,619.95 million a year ago. Q2 FY26 revenue was 891.73 million. H1 profit after tax rose to 554.29 million from 458.41 million, roughly 21 percent higher. Auditors MSKA Associates issued an unmodified limited review conclusion. The Board also noted the acquisition of the Truair Industrial Gases manufacturing unit in Bengaluru for 54 million rupees, effective September 7, 2025. The company listed on NSE and BSE on July 1, 2025 after its IPO; part of the IPO proceeds remain unutilised, parked in fixed deposits.
Steady but not exceptional H1 growth. Acquisition expands Bengaluru presence. Recently listed, watch deployment of unutilised IPO funds.