Q2 profit after tax rises 202%; INR200 crore expansion targets FY28-29
INDORAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and in line with its Other Textile Products 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 income rose 10% to INR1,344 crore, EBITDA rose 46.4% to INR117.7 crore and profit after tax rose 201.8% to INR74.1 crore. H1 income fell 9.7% due to supply chain issues, while operating cash flow was INR328.5 crore and net debt fell 23.5%. An INR200 crore specialty expansion for 2027 targets about 15% more revenue and over INR100 crore of annual incremental EBITDA in FY28-29. Management expects double-digit EBITDA margins.
Better earnings and lower debt may support the stock, while the 2027 expansion offers growth. Execution and market conditions remain key risks.