Q2 revenue and margins rise; FY27 growth guidance maintained

Management guided margin improvementInvestor Communications View source PDF Explain this filing

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

+0.8%Reaction day

₹682.35

prior close

₹671.70

announcement price

In-mkt

timing

Nifty Microcap 250marketpendingvs market: pending

Pesticides & Agrochemicals peers, median of 28sector-0.1%+1.0% vs sector

On the reaction day the stock moved 1.0 pts more than its Pesticides & Agrochemicals 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

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15m

-0.1

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8pendingpending-0.1+1.0

Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 28Pending

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

AI summary

Q2 FY27 revenue rose 13% to INR1,052 crore and profit after tax rose 23% to INR92 crore. Gross margin expanded to 35.9%, while EBITDA rose 18% to INR164 crore. H1 revenue grew 11%; the company was debt-free with INR846 crore cash. Management kept FY27 revenue growth guidance at 10% to 15%, expects EBITDA margin of 18% to 20%, and plans INR550 crore to INR600 crore capital spending. Europe stayed weak, while NAFTA and LATAM grew strongly.

Likely market impact

Positive: growth and margin guidance support earnings, but lower volumes, weak Europe and heavy registration spending remain risks.