Financial Results for the Quarter and Half-Year ended September 30, 2025
PRADPME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pradeep Metals reported Q2 FY26 standalone revenue of Rs 8,228 lakhs, up ~14% YoY, and H1 FY26 revenue of Rs 15,569 lakhs, up ~13.6% YoY. Q2 standalone profit after tax grew ~19.6% YoY to Rs 642 lakhs, but H1 FY26 PAT of Rs 1,106 lakhs was roughly flat versus Rs 1,121 lakhs in H1 FY25, as cost of materials and manufacturing expenses rose faster than revenue. Consolidated H1 PAT actually dipped ~3.8% YoY to Rs 1,295 lakhs. EBITDA margin on a standalone basis compressed to roughly 14.7% in H1 FY26 from about 16.3% in H1 FY25, reflecting margin pressure. Other income for H1 includes Rs 131.92 lakhs from profit on sale of assets. KKC & Associates LLP has taken over as the statutory auditor (predecessor auditors reviewed prior periods), and a scheme of amalgamation with Nami Capital Private Limited is pending NCLT approval.
Revenue momentum is healthy, but flat-to-lower H1 profits and compressing margins suggest cost-side headwinds; near-term stock reaction may be muted. The auditor change and the pending Nami Capital amalgamation are governance events shareholders should track.