ALFA Finder| Margins | Q2 EBITDA margin ~8.9% vs implied Q1 ~10.0% |
|---|---|
| Demand visibility | EPR, RCM, BWMR tailwinds; 80-85% recycled lead goes to battery makers |
Growth
No YoY comparatives disclosed. Q2 revenue down ~4% and PAT down ~9% sequentially versus implied Q1.
Outlook
No numeric guidance. Priorities: capacity utilisation, sourcing diversification, value-added products; capex not quantified.
Risks
Sequential softening: Q2 EBITDA INR 290 Mn vs implied Q1 INR 338 Mn; volume 15,656 MT vs implied ~17,644 MT.
Last quarter's promises, checked
Delivered
- Capacity 1,56,950 MTPA effective 29 May 2026 → 1,56,950 MTPA confirmed (= BEAT)
Partly delivered
- Expansion capex ~Rs 15 Cr → capex not quantified in Q2 (= PARTIAL)
- Return ratios 20%+ in coming years → not disclosed in Q2 (= PARTIAL)
Missed
- Volume growth 10-20% FY27 → Q2 volume 15,656 MT vs Q1 17,645 MT; YoY not disclosed (= MISS)
- EBITDA margin ~10% FY27 → Q2 8.9% (EBITDA 290 Mn / revenue 3,248 Mn) (= MISS)
- Top-line growth 10-20% FY27 → Q2 revenue INR 3,248 Mn vs Q1 INR 3,388 Mn; YoY not disclosed (= MISS)
Investor Presentation filed with BSE, NSE: ARDEE. Summary written with AI assistance from the document.
Ardee Industries Ltd: key numbers
- Share price
- ₹42.89
- Market cap
- ₹1,352 Cr
- Revenue (annual)
- ₹1,168 Cr
- Net profit (annual)
- ₹84.68 Cr
- Promoter holding
- 67.62%
- FII holding
- 0.67%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ardee Industries Ltd
All →Ardee Industries Other Announcement
Ardee Industries filed a monitoring agency report on IPO proceeds for the quarter ended September 30, 2026. The report found no deviation from the offer objects.
Ardee Industries Earnings Call Transcript: Key Takeaways
Q2 revenue ₹325 Cr (+33.5% YoY) but EBITDA ₹29 Cr at 8.9% margin, down from ~12% last-year average on fuel, freight and costly inventory.
Ardee Industries Q2 FY27 Results: Net Profit ₹18.1 Cr, Down 37.6% YoY
Ardee Industries Ltd reported revenue from operations of ₹324.8 Cr (+33.5% YoY) and net profit of ₹18.1 Cr (-37.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹18.1 Cr · -37.6% YoY
Ardee Industries Board Meeting Date
Ardee Industries will hold a board meeting on November 12, 2026. The board will consider unaudited financial results for the quarter ended September 2026.
Ardee Industries Other Announcement
Ardee Industries' quarterly shareholding pattern for the quarter ended 30 September 2026 shows promoters holding 67.62%. This is a routine Regulation 31 disclosure, not a transaction.
Ardee Industries Annual General Meeting
Ardee Industries issued notice for its AGM on 1 December 2026 with four ordinary resolutions. Agenda covers accounts, director re-appointment and auditor fees.