The call has ended.
Key takeaways
Q2 revenue ₹176.69 Cr (~47% YoY) and PAT ₹9.52 Cr (+62%), helped by lower forex loss. Margins remain thin, and management deferred value-ramp and margin timing.
| Revenue growth | Q2 revenue ₹176.69 Cr, ~47% YoY; volume plus price pass-through. |
|---|---|
| Margins | Analyst-cited margin ~8-9%; mgmt targets 25% consolidated in 1-2 years. |
| Demand visibility | Structural EV, renewables, data-centre demand cited; no quantified outlook. |
| Management confidence | Overconfident on value ramp-up; evasive on margins and line-level numbers. |
Growth
Revenue ~47% YoY (₹176.69 Cr); PBIDT +53%, PAT +62% on lower forex; H1 revenue +32.6%.
Outlook
New line targets 70-80% of rated capacity by Q4 FY27; UAE commercial operations 'later this FY'; no margin timeline.
Risks
Incomplete polymer cost pass-through, price volatility, UAE plant delays from West Asia conflict, new capacitor-film entrants.
Last quarter's promises, checked
Partly delivered
- Guided Barjora ≥50% utilisation in FY27 → actual not disclosed; target now 70-80% by Q4 FY27 (= PARTIAL, unverified)
Missed
- Guided UAE commercial ops 'definitely by Q3' CY26 → 'later this FY' amid UAE delays (= MISS)
- Guided 2 Indian lines in full production in 2027 → new line 70-80% of rated by Q4 FY27 (= MISS)
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
Xpro India Q2 FY27 Results: Net Profit ₹7.2 Cr, Up 44.0% YoY
Xpro India Ltd reported revenue from operations of ₹176.7 Cr (+47.4% YoY) and net profit of ₹7.2 Cr (+44.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹7.2 Cr · +44.0% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
New Barjora dielectric line commissioned March 2026; UAE plant trial production expected August-September 2026; targeting 50%+ utilization.
Growth they described
FY26 revenue fell 5.6%; aggregate production volume down 5% to 31,335 MT due to refrigerator segment slowdown.
Call details
| Company | Xpro India Ltd |
|---|---|
| NSE symbol | XPROINDIA |
| ISIN | INE445C01015 |
| Call | Q2 FY27 earnings call |
| Date | Wednesday, 4 November 2026 |
| Time | 11:00 AM IST |
Xpro India Ltd: key numbers
- Share price
- ₹1,100.00
- Market cap
- ₹2,582 Cr
- Revenue (annual)
- ₹505.5 Cr
- Net profit (annual)
- ₹19.23 Cr
- P/E (TTM)
- 73.3×Sector 45.0×
- Promoter holding
- 40.31%+0.00% QoQ
- FII holding
- 13.79%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.