- Home
- Results news
- Ducon Infratechnologies
- Q2 FY27 results
Ducon Infratechnologies Q2 FY27 results: net profit down 27.4% to ₹2.68 crore, revenue down 3.4%
Ducon Infratechnologies Limited reported consolidated revenue of ₹109.30 crore and net profit of ₹2.68 crore for Q2 FY27, compared with ₹113.09 crore and ₹3.69 crore in Q2 FY26. Profit recovered from the previous quarter, while the EBITDA margin was 5.0%, above 4.7% in Q1 FY27 but below 6.1% a year earlier.
Key points
- Consolidated revenue was ₹109.30 crore in Q2 FY27, down ₹3.79 crore from ₹113.09 crore in Q2 FY26 and up ₹4.88 crore from ₹104.42 crore in Q1 FY27.
- EBITDA was ₹5.49 crore, down ₹1.38 crore from ₹6.87 crore in Q2 FY26 and up ₹0.55 crore from ₹4.94 crore in Q1 FY27.
- The EBITDA margin was 5.0%, compared with 6.1% in Q2 FY26 and 4.7% in Q1 FY27.
- Net profit was ₹2.68 crore, down ₹1.01 crore from ₹3.69 crore in Q2 FY26 and up ₹0.51 crore from ₹2.17 crore in Q1 FY27.
- Basic EPS was ₹0.05, compared with ₹0.11 in Q2 FY26 and ₹0.07 in Q1 FY27.
How did Ducon Infratechnologies perform in Q2 FY27?
Ducon Infratechnologies’ consolidated revenue for Q2 FY27 was ₹109.30 crore, down ₹3.79 crore from ₹113.09 crore in Q2 FY26 and up ₹4.88 crore from ₹104.42 crore in Q1 FY27. Total income was ₹110.01 crore, down ₹3.96 crore year on year and up ₹5.08 crore sequentially.
Consolidated EBITDA was ₹5.49 crore, down ₹1.38 crore from ₹6.87 crore in Q2 FY26 and up ₹0.55 crore from ₹4.94 crore in Q1 FY27. The EBITDA margin was 5.0%, compared with 6.1% a year earlier and 4.7% in the previous quarter.
Profit before tax was ₹3.83 crore, down ₹1.50 crore from ₹5.33 crore in Q2 FY26 and up ₹0.55 crore from ₹3.28 crore in Q1 FY27. Net profit was ₹2.68 crore, down ₹1.01 crore year on year and up ₹0.51 crore sequentially; basic EPS was ₹0.05, against ₹0.11 and ₹0.07, respectively.
On a standalone basis, revenue was ₹60.15 crore and profit after tax was ₹0.82 crore. Standalone revenue declined 6.1%, while profit before tax was ₹1.29 crore. The filing approved both standalone and consolidated unaudited results for the quarter and half year ended 30 September 2026.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 109.30 | 104.42 | 113.09 | −3.4% | +4.7% |
| Other income | 0.71 | 0.50 | 0.88 | −19.3% | +42.0% |
| Total expenses | 106.18 | 101.64 | 108.64 | −2.3% | +4.5% |
| EBITDA | 5.49 | 4.94 | 6.87 | −20.1% | +11.1% |
| EBITDA margin | 5.0% | 4.7% | 6.1% | −1.1 pp | +0.3 pp |
| Profit before tax | 3.83 | 3.28 | 5.33 | −28.1% | +16.8% |
| Tax | 1.15 | 1.11 | 1.64 | −29.9% | +3.6% |
| Net profit | 2.68 | 2.17 | 3.69 | −27.4% | +23.5% |
| EPS (₹) | 0.05 | 0.07 | 0.11 | −54.5% | −28.6% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Ducon Infratechnologies' costs and profit?
Total expenses fell ₹2.46 crore to ₹106.18 crore in Q2 FY27 from ₹108.64 crore in Q2 FY26. Cost of materials declined ₹2.73 crore to ₹99.79 crore, employee cost fell ₹0.30 crore to ₹2.07 crore, and finance costs decreased ₹0.12 crore to ₹1.98 crore.
Other expenses increased ₹0.62 crore to ₹1.95 crore from ₹1.33 crore, while depreciation rose ₹0.06 crore to ₹0.39 crore from ₹0.33 crore. Other income fell ₹0.17 crore to ₹0.71 crore from ₹0.88 crore. Tax expense was lower by ₹0.49 crore at ₹1.15 crore, compared with ₹1.64 crore.
There was no exceptional item in Q2 FY27. EBITDA fell ₹1.38 crore to ₹5.49 crore from ₹6.87 crore, and profit before tax declined ₹1.50 crore to ₹3.83 crore from ₹5.33 crore; the filing did not state reasons for the changes in the cost lines or other income.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 99.79 | 102.52 | −2.73 | −2.7% |
| Employee cost | 2.07 | 2.37 | −0.30 | −12.7% |
| Finance costs | 1.98 | 2.10 | −0.12 | −5.7% |
| Depreciation | 0.39 | 0.33 | +0.06 | +18.2% |
| Other expenses | 1.95 | 1.33 | +0.62 | +46.6% |
| Total expenses | 106.18 | 108.64 | −2.46 | −2.3% |
| Other income | 0.71 | 0.88 | −0.17 | −19.3% |
| Tax | 1.15 | 1.64 | −0.49 | −29.9% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
Total assets rose to ₹317.01 crore on 30 September 2026 from ₹305.3 crore on 31 March 2026. Total equity increased to ₹187.42 crore from ₹166.05 crore, while borrowings fell to ₹91.54 crore from ₹104.62 crore and cash rose to ₹5.12 crore from ₹0.07 crore.
Trade receivables increased to ₹253.09 crore from ₹245.45 crore, and trade payables rose to ₹23.18 crore from ₹21.64 crore. Inventories were nil at both balance sheet dates. The first-half FY27 operating cash flow was negative ₹0.55 crore, compared with positive ₹0.18 crore in H1 FY26.
Investing cash flow was negative ₹0.05 crore in H1 FY27 against negative ₹0.01 crore in H1 FY26. Financing cash flow was positive ₹5.66 crore against negative ₹4.78 crore, while capital expenditure was ₹0.05 crore compared with ₹0.01 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 317.01 | 305.30 |
| Total equity | 187.42 | 166.05 |
| Borrowings | 91.54 | 104.62 |
| Cash and equivalents | 5.12 | 0.07 |
| Inventories | 0 | 0 |
| Trade receivables | 253.09 | 245.45 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | −0.55 | 0.18 |
| Cash from investing | −0.05 | −0.01 |
| Cash from financing | 5.66 | −4.78 |
| Capital expenditure | 0.05 | 0.01 |
Source: Company's results filing (XBRL).
How has Ducon Infratechnologies done over the last 8 quarters?
Revenue rose to ₹109.30 crore in Q2 FY27 from ₹104.42 crore in Q1 FY27, but remained below the ₹118.63 crore recorded in Q4 FY25. The latest revenue level was also below ₹113.09 crore in Q2 FY26.
Net profit increased to ₹2.68 crore from ₹2.17 crore in Q1 FY27, above the ₹1.85 crore reported in Q4 FY26 but below ₹3.69 crore in Q2 FY26. The period’s highest profit in the reported series was ₹3.69 crore in Q2 FY26.
The EBITDA margin recovered to 5.0% in Q2 FY27 from 4.7% in Q1 FY27. It remained below the 6.9% recorded in Q4 FY25 and the 6.1% reported in Q2 FY26.
Which businesses drove the quarter?
The Industrial EPC segment reported revenue of ₹109.08 crore in Q2 FY27, down 3.5% from ₹113.09 crore in Q2 FY26. Segment EBIT was ₹5.79 crore, compared with ₹7.37 crore in the year-ago quarter, and the reported EBIT margin was 5.3%.
Security Solution and AI reported revenue of ₹0.93 crore and EBIT of ₹0.03 crore in Q2 FY27, with a reported EBIT margin of 2.8%. The filing excerpt did not provide year-ago revenue or EBIT for this segment.
| Segment | Revenue | Revenue YoY | EBIT | EBIT margin |
|---|---|---|---|---|
| INDUSTRIAL EPC | 109.08 | −3.5% | 5.79 | 5.3% |
| SECURITY SOLUTION AND AI | 0.93 | 0.03 | 2.8% |
Source: Company's results filing (XBRL segment data).
What did the auditors point out?
The independent auditors stated that nothing had come to their attention causing them to believe that the unaudited financial results had failed to disclose information required under Regulation 52 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, or contained any material misstatement. The review was conducted under SRE 2410, providing moderate assurance, and no audit opinion was expressed.
The auditors included an emphasis of matter concerning investments in equity shares of a private limited company aggregating Rs. 500.00 lakhs as on 30 September 2026, reported under non-current assets. The investments were to be measured at fair value under Indian Accounting Standard 109, but management decided to value them at cost, keeping in view their long-term business synergy and potential. The auditors said their conclusion was not modified in respect of this matter.
Quick answers
What was Ducon Infratechnologies' revenue in Q2 FY27?
Revenue from operations was ₹109.30 crore, down 3.4% from ₹113.09 crore in Q2 FY26 (consolidated).
Did Ducon Infratechnologies make a profit in Q2 FY27?
Yes. Net profit was ₹2.68 crore, against a net profit of ₹3.69 crore in Q2 FY26.
What was Ducon Infratechnologies' EPS in Q2 FY27?
Basic earnings per share were ₹0.05, against ₹0.11 in Q2 FY26.
When did Ducon Infratechnologies announce its Q2 FY27 results?
On 5 November 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Adoption And Approval Of Unaudited Standalone And Consolidated Financial Results 30 September 2026. (BSE, 28 October 2026) · PDF
- Board Meeting Outcome for Outcome Of Board Meeting Held On 05 November,2026 (BSE, 5 November 2026) · PDF
- Financial Results For The Quarter Of 30 September ,2026 (BSE, 5 November 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.