ALFA Finder
The call ran from 4:01 PM to 5:00 PM IST (1 h).
Key takeaways
HD Fire Protect delivered strong top-line growth driven by industrial demand, but faces near-term margin pressure from raw material volatility and logistics costs.
| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | 29% YoY in Q2, driven by deeper market penetration and industrial orders. |
|---|---|
| Margins | Margins moderated due to elevated logistics and raw material input costs. |
| Order book | ₹179 Cr order book with healthy inquiry pipeline across industrial segments. |
| Demand visibility | Strong visibility in oil/gas, data centers, and the Saudi Arabian market. |
| Management confidence | Confident and proactive, despite regulatory setbacks at the Jalgaon facility. |
Growth
H1 revenue grew 23% YoY to ₹236.3 Cr; Q2 revenue rose 29% to ₹127 Cr.
Outlook
Order book stands at ₹179 Cr; management targets 20% revenue growth for the full fiscal year.
Risks
MPC regulatory hurdle on expansion and sharp raw material price fluctuations (bronze/steel) are key risks.
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
HD Fire Protect Q2 FY27 Results: Net Profit ₹28.9 Cr, Up 41.0% YoY
HD Fire Protect Ltd reported revenue from operations of ₹127.3 Cr (+28.7% YoY) and net profit of ₹28.9 Cr (+41.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹28.9 Cr · +41.0% YoY
Call details
| Company | HD Fire Protect Ltd |
|---|---|
| NSE symbol | HDFIRE |
| ISIN | INE18AK01028 |
| Call | Q2 FY27 earnings call |
| Date | Thursday, 12 November 2026 |
| Time | 4:00 PM IST |
| Length | 1 h |
| Audio | Our stream on YouTube ↗ |
HD Fire Protect Ltd: key numbers
- Share price
- ₹308.45
- Market cap
- ₹5,405 Cr
- Revenue (annual)
- ₹489.3 Cr
- Net profit (annual)
- ₹116.8 Cr
- Promoter holding
- 85.00%
- FII holding
- 1.29%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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