ALFA Finder
The call ran from 12:29 PM to 12:59 PM IST (30 min).
Key takeaways
H1 FY27 revenue rose 16% to ₹70.72 Cr, but PAT fell 1.7% on higher finance costs and WIP timing. Operating cash flow stayed negative at -5.69. Growth funding relies on planned but unsecured debt or JV capital.
| Revenue growth | Revenue +16.0% YoY to ₹70.72 Cr; organic/one-time split not disclosed. |
|---|---|
| Margins | CFO cites ~0.1pp drop; computed EBITDA margin falls ~1.0pp (19.2% vs 20.2%). |
| Order book | Work order book ₹806.80 Cr; unexecuted ₹473.86 Cr; no peer comparison. |
| Demand visibility | Refining, gas pipeline and storage tailwinds cited; storage budget allocation unconfirmed. |
| Management confidence | Optimistic; long-term targets explicitly hedged against awards and market conditions. |
Growth
Revenue +16.01% to ₹70.72 Cr; EBITDA +10.29%; margin ~19.2% vs 20.2%. PAT -1.71% on higher finance costs.
Outlook
FY30 revenue target ₹900–1,000 Cr, subject to awards; ₹200 Cr order adds planned this year.
Risks
Negative operating cash flow (-5.69); growth dependent on undisclosed debt/JV funding; PAT erosion from finance costs; PSU concentration 90%.
Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published . Open it on ALFA Filings ›
The results behind this call
Oval Projects Engineering H1 FY27 Results: Net Profit ₹6.3 Cr, Down 1.6% YoY
Oval Projects Engineering Ltd reported revenue from operations of ₹70.7 Cr (+15.9% YoY) and net profit of ₹6.3 Cr (-1.6% YoY) for H1 FY27.
- Key figure
- Net profit ₹6.3 Cr · -1.6% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Targeting ₹1,000 Cr+ revenue by FY30. Phase 2 (FY26-28) guides for ₹350–500 Cr revenue with 19-22% EBITDA margins.
Growth they described
Revenue grew 50% YoY (FY26); EBITDA and PAT grew 54% and 59% respectively. 3-year PAT CAGR stands at 50.21%.
Call details
| Company | Oval Projects Engineering Ltd |
|---|---|
| NSE symbol | OVAL |
| ISIN | INE0RTI01017 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 6 November 2026 |
| Time | 12:30 PM IST |
| Length | 30 min |
Oval Projects Engineering Ltd: key numbers
- Share price
- ₹47.00
- Market cap
- ₹97.62 Cr
- Revenue (annual)
- ₹149.9 Cr
- Net profit (annual)
- ₹13.72 Cr
- P/E (TTM)
- 7.1×Sector 33.5×
- Promoter holding
- 53.14%
- FII holding
- 0.82%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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