- Home
- Results news
- Gujarat Poly Electronics
- Q2 FY27 results
Gujarat Poly Electronics Q2 FY27 results: net profit up 76.2% to ₹0.74 crore, revenue up 24.2%
Gujarat Poly Electronics Ltd reported standalone revenue of ₹5.55 crore in Q2 FY27, up 24.2% from ₹4.47 crore in Q2 FY26. Net profit rose to ₹0.74 crore from ₹0.42 crore, while EBITDA margin increased to 14.7% from 8.1%; basic EPS was ₹0.86.
Key points
- Revenue was ₹5.55 crore in Q2 FY27, up 24.2% from ₹4.47 crore in Q2 FY26 and ₹5.53 crore in Q1 FY27.
- EBITDA was ₹0.82 crore in Q2 FY27, up from ₹0.36 crore in Q2 FY26; EBITDA margin rose to 14.7% from 8.1%.
- Net profit was ₹0.74 crore, compared with ₹0.42 crore in Q2 FY26 and ₹0.70 crore in Q1 FY27.
- Basic EPS was ₹0.86, up from ₹0.50 in Q2 FY26 and ₹0.82 in Q1 FY27.
- In H1 FY27, revenue was ₹11.08 crore, while net profit was ₹1.44 crore and basic EPS was ₹1.68.
How did Gujarat Poly Electronics perform in Q2 FY27?
Gujarat Poly Electronics reported standalone revenue of ₹5.55 crore in Q2 FY27, up 24.2% from ₹4.47 crore in Q2 FY26 and 0.4% from ₹5.53 crore in Q1 FY27. Total income was ₹5.97 crore, compared with ₹4.68 crore a year earlier and ₹6.02 crore in the previous quarter.
EBITDA was ₹0.82 crore, up from ₹0.36 crore in Q2 FY26 and ₹0.65 crore in Q1 FY27. The EBITDA margin rose to 14.7% from 8.1% year on year and 11.7% in the previous quarter. Profit before tax was ₹1.17 crore, against ₹0.52 crore in Q2 FY26 and ₹1.07 crore in Q1 FY27.
Net profit was ₹0.74 crore, compared with ₹0.42 crore in Q2 FY26 and ₹0.70 crore in Q1 FY27. Basic EPS was ₹0.86, compared with ₹0.50 in Q2 FY26 and ₹0.82 in Q1 FY27. The results are on a standalone basis.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 5.55 | 5.53 | 4.47 | +24.2% | +0.4% |
| Other income | 0.42 | 0.48 | 0.20 | +110.0% | −12.5% |
| Total expenses | 4.80 | 4.95 | 4.16 | +15.4% | −3.0% |
| EBITDA | 0.82 | 0.65 | 0.36 | +127.8% | +26.2% |
| EBITDA margin | 14.7% | 11.7% | 8.1% | +6.6 pp | +3.0 pp |
| Profit before tax | 1.17 | 1.07 | 0.52 | +125.0% | +9.3% |
| Tax | 0.44 | 0.36 | 0.09 | +388.9% | +22.2% |
| Net profit | 0.74 | 0.70 | 0.42 | +76.2% | +5.7% |
| EPS (₹) | 0.86 | 0.82 | 0.50 | +72.0% | +4.9% |
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 Gujarat Poly Electronics' costs and profit?
Total expenses increased to ₹4.80 crore in Q2 FY27 from ₹4.16 crore in Q2 FY26, while other income rose to ₹0.42 crore from ₹0.20 crore. Employee cost was ₹0.86 crore, down ₹0.01 crore from ₹0.87 crore; finance costs were unchanged at ₹0.01 crore.
Depreciation rose to ₹0.06 crore from ₹0.04 crore, an increase of ₹0.02 crore, and other expenses increased to ₹0.45 crore from ₹0.42 crore, up ₹0.03 crore. There was no exceptional item in either quarter.
Tax expense increased to ₹0.44 crore from ₹0.09 crore in Q2 FY26, up ₹0.35 crore. The filing does not state reasons for the changes in costs, other income or tax. Against Q1 FY27, total expenses fell ₹0.15 crore, while other income declined ₹0.06 crore and tax rose ₹0.08 crore.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 0.86 | 0.87 | −0.01 | −1.1% |
| Finance costs | 0.01 | 0.01 | 0 | +0.0% |
| Depreciation | 0.06 | 0.04 | +0.02 | +50.0% |
| Other expenses | 0.45 | 0.42 | +0.03 | +7.1% |
| Total expenses | 4.80 | 4.16 | +0.64 | +15.4% |
| Other income | 0.42 | 0.20 | +0.22 | +110.0% |
| Tax | 0.44 | 0.09 | +0.35 | +388.9% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In H1 FY27, revenue was ₹11.08 crore, up 21.2% from ₹9.14 crore in H1 FY26. Total income was ₹11.98 crore, compared with ₹11.92 crore, while profit before tax fell to ₹2.24 crore from ₹3.53 crore.
Net profit declined to ₹1.44 crore from ₹3.25 crore in H1 FY26, and basic EPS fell to ₹1.68 from ₹3.8. The filing does not provide a separate consolidated H1 FY27 result.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 11.08 | 9.14 | +21.2% |
| Profit before tax | 2.24 | 3.53 | −36.5% |
| Net profit | 1.44 | 3.25 | −55.7% |
| EPS (₹) | 1.68 | 3.80 | −55.8% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
Total assets were ₹42.95 crore on 30 September 2026, compared with ₹41.0 crore on 31 March 2026. Total equity was ₹40.27 crore against ₹39.27 crore, while borrowings remained at ₹0 crore. Cash declined to ₹0.45 crore from ₹0.88 crore.
Inventories increased to ₹3.45 crore from ₹2.49 crore and trade receivables rose to ₹4.26 crore from ₹3.6 crore. Trade payables were ₹0.38 crore, compared with ₹0.01 crore. In H1 FY27, operating cash flow was a net ₹0.38 crore against a net ₹1.34 crore in H1 FY26; investing cash flow was ₹0.41 crore against a net ₹1.15 crore, and financing cash flow was a net ₹0.47 crore against a net ₹0.02 crore. Capital expenditure was ₹0.1 crore compared with ₹0.01 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 42.95 | 41 |
| Total equity | 40.27 | 39.27 |
| Borrowings | 0 | 0 |
| Cash and equivalents | 0.45 | 0.88 |
| Inventories | 3.45 | 2.49 |
| Trade receivables | 4.26 | 3.60 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | −0.38 | 1.34 |
| Cash from investing | 0.41 | −1.15 |
| Cash from financing | −0.47 | −0.02 |
| Capital expenditure | 0.10 | 0.01 |
Source: Company's results filing (XBRL).
How has Gujarat Poly Electronics done over the last 8 quarters?
Revenue rose to ₹5.55 crore in Q2 FY27 from ₹3.53 crore in Q3 FY26, the lowest revenue quarter in the reported series. It had also increased from ₹4.47 crore in Q2 FY26, with revenue rising year on year in each of the last three quarters.
Net profit reached ₹0.74 crore in Q2 FY27, above ₹0.70 crore in Q1 FY27 but far below the ₹24.65 crore recorded in Q3 FY26. The EBITDA margin increased to 14.7% in Q2 FY27 from 11.7% in Q1 FY27, after negative margins of -15.1% in Q3 FY26 and -1.3% in Q4 FY26.
How did Gujarat Poly Electronics shares react?
| After the filing | Stock | Other Electrical Equipment median |
|---|---|---|
| Reaction day | +2.7% | −0.2% |
| Next day | +2.7% | +0.3% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 31 July 2026 | +1.8% |
| 12 May 2026 | −2.4% |
| 28 January 2026 | +6.6% |
| 4 November 2025 | +1.5% |
| 29 July 2025 | +2.1% |
| 5 May 2025 | −2.5% |
| 28 October 2024 | −0.7% |
| 29 July 2024 | +4.2% |
Source: MarketPing price-reaction measurement.
How did other Other Electrical Equipment companies do?
Among 18 Other Electrical Equipment companies that filed for the quarter, the median revenue growth was 44.5%. Five peers grew slower than Gujarat Poly Electronics and 13 grew faster than the company. Profit was compared for 16 peers, of which 10 reported higher profit.
| Gujarat Poly Electronics revenue growth (YoY) | +24.2% |
|---|---|
| Median of 18 other Other Electrical Equipment companies | +44.5% |
| Companies with slower revenue growth than Gujarat Poly Electronics | 5 of 18 |
| Companies with faster revenue growth than Gujarat Poly Electronics | 13 of 18 |
| Companies whose net profit rose | 10 of 16 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Gujarat Poly Electronics' revenue in Q2 FY27?
Revenue from operations was ₹5.55 crore, up 24.2% from ₹4.47 crore in Q2 FY26 (standalone).
Did Gujarat Poly Electronics make a profit in Q2 FY27?
Yes. Net profit was ₹0.74 crore, against a net profit of ₹0.42 crore in Q2 FY26.
What was Gujarat Poly Electronics' EPS in Q2 FY27?
Basic earnings per share were ₹0.86, against ₹0.50 in Q2 FY26.
How did Gujarat Poly Electronics shares react to the Q2 FY27 results?
On the reaction day the stock moved +2.7% from the previous close; the median Other Electrical Equipment stock moved −0.2%.
When did Gujarat Poly Electronics announce its Q2 FY27 results?
On 27 October 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for To Consider And Approve The Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026. (BSE, 19 October 2026) · PDF
- Board Meeting Outcome for Outcome Of Board Meeting (BSE, 27 October 2026) · PDF
- Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2026 (BSE, 27 October 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.