Q2 FY27 profit up 13%; wind order book at INR1,100-1,200 crore

Management guided margin improvementOrder pipeline disclosedMulti-year targets disclosedCFO laid out a debt-reduction roadmapInvestor Communications View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹218.80

prior close

₹220.40

announcement price

After-mkt

timing

Nifty Microcap 250market+0.3%-0.2% vs market

Waste Management peers, median of 7sector+0.8%-0.7% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.7 pts less than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.7

15m

+0.7

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+0.3-0.2+0.8-0.7

Next day

+1.9+2.4-0.6+4.2-2.3

+5.5+3.6+1.9+3.9+1.6

+3.3pendingpending+2.7+0.6

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15d

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UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q2 FY27 standalone revenue rose 36% year on year to INR560 crore, EBITDA rose to INR91 crore and profit after tax reached INR60 crore. H1 revenue rose 55% to INR1,179 crore and profit after tax rose 55% to INR133 crore. The wind order book is INR1,100-1,200 crore and a large order is nearing closure. Ready-mix concrete operations started in Pune. FY28 ash-handling revenue growth is targeted at 20% to 25%.

Likely market impact

Positive results and the wind pipeline support growth; localisation may lift margins. RMC expansion and high receivables add execution and cash-flow risk.