Q2 revenue rises 44%, but input costs pressure margins
GREAVESCOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 0.2 pts more than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q2 FY27 revenue rose 44% year on year to INR 1,176 crore; H1 revenue was INR 2,150 crore, up 38%. Core revenue grew 24%, but its operating profit margin fell to 11.5% from 14.8% as input costs rose. Management expects price rises to fully help by Q4 FY27, a better H2 margin and a long-term operating earnings margin goal of 13% to 15%. EV revenue doubled to INR 410 crore, its loss narrowed to INR 25 crore and pending orders exceed supply.
Strong growth helps, but sentiment may depend on price increases lifting margins, continued EV loss reduction and execution on pending orders.