Bajaj Global Q2 FY27 results: net profit up 100.0% to ₹0.10 crore, revenue up 53.8%

How did Bajaj Global perform in Q2 FY27?

Bajaj Global reported standalone revenue of ₹0.20 crore for the July–September 2026 quarter, up ₹0.07 crore or 53.8% from ₹0.13 crore in Q2 FY26 and up ₹0.08 crore or 66.7% from ₹0.12 crore in Q1 FY27. There was no other income in the quarter, and total income was ₹0.20 crore on the same basis.

EBITDA was ₹0.13 crore, up ₹0.06 crore or 85.7% from ₹0.07 crore a year earlier and up ₹0.07 crore or 116.7% from ₹0.06 crore in the previous quarter. The EBITDA margin was 67.8%, compared with 55.8% in Q2 FY26 and 51.7% in Q1 FY27. The profit margin was 50.7%, against 42.2% and 38.6% respectively.

What changed in Bajaj Global's costs and profit?

Total expenses were ₹0.06 crore in Q2 FY27, unchanged from ₹0.06 crore in Q2 FY26 and ₹0.06 crore in Q1 FY27. Employee cost was ₹0.04 crore and other expenses were ₹0.02 crore, with both lines unchanged against the year-ago quarter. Cost of materials, finance costs and depreciation were reported at no amount.

Other income was reported at no amount in the quarter, unchanged from Q2 FY26, and there was no exceptional item. Tax expense was ₹0.03 crore, up ₹0.01 crore or 50.0% from ₹0.02 crore in Q2 FY26 and ₹0.02 crore in Q1 FY27. The filing does not state a reason for the revenue increase or the higher tax charge.

The filing notes that the company is engaged primarily in the business of financing and that there are no separate reportable segments under Ind AS 108.

How did the first half of FY27 go?

For the first half of FY27, standalone revenue was ₹0.32 crore, up ₹0.07 crore or 28.0% from ₹0.25 crore in H1 FY26. Total income was also ₹0.32 crore, compared with ₹0.25 crore a year earlier.

Profit before tax for H1 FY27 was ₹0.20 crore, up ₹0.06 crore or 42.9% from ₹0.14 crore in H1 FY26. Profit after tax was ₹0.15 crore, up ₹0.05 crore or 50.0% from ₹0.10 crore, and EPS for the half year was ₹39.50.

What do the balance sheet and cash flow show?

For H1 FY27, operating cash flow was ₹1.16 crore, compared with an outflow of ₹0.70 crore in H1 FY26. Investing cash flow was an outflow of ₹0.50 crore against an inflow of ₹0.74 crore a year earlier, while financing cash flow was reported at no amount in both periods and capital expenditure was reported at no amount.

How has Bajaj Global done over the last 8 quarters?

Revenue for Bajaj Global rose to ₹0.20 crore in Q2 FY27 from ₹0.12 crore in Q1 FY27, and the ₹0.36 crore recorded in Q4 FY26 was the highest of the last eight quarters. EBITDA margin peaked at 67.8% in Q2 FY27, having bottomed at -64.7% in Q4 FY26.

Profit after tax moved from ₹0.05 crore in Q1 FY27 to ₹0.10 crore in Q2 FY27, after a net loss of ₹4.29 crore in Q4 FY26. Before that loss quarter, profit after tax had ranged between ₹0.04 crore and ₹0.05 crore from Q3 FY25 to Q3 FY26, with ₹5.65 crore recorded in Q4 FY25.

What else did the company announce?

The board approved the unaudited standalone financial results for the quarter and half year ended 30 September 2026, along with the limited review report, at its meeting on 26 October 2026. The independent auditor's review report stated that nothing had come to the auditor's attention that caused it to believe the results did not disclose the required information or contained a material misstatement.

Rupali Ghosh resigned as Company Secretary, Compliance Officer and Chief Financial Officer with effect from 26 October 2026 for personal reasons, and the company accepted her resignation. The board then approved the appointment of Shraddha Pachare as Company Secretary, Compliance Officer and Chief Financial Officer with effect from 26 October 2026, following the vacancy created by the resignation. No dividend or fund-raising matter was filed on the same day.

How did other Trading & Distributors companies do?

Twenty-four companies in the Trading & Distributors industry that have filed this quarter were compared with Bajaj Global. Their median revenue growth was 31.0%, while Bajaj Global's revenue rose 53.8% in Q2 FY27.

Fourteen of the peer companies grew more slowly than Bajaj Global and 10 grew faster. Of the 36 companies whose profit was compared, 20 reported higher profit.