| EBITDA Margin: guided vs achieved | 15.20% achieved Guided 15.00%–16.00%, -5.0% above the top of the range |
|---|---|
| Revenue guidance | 30.0% → 40.0% Raised by 10.0 percentage points |
| Management target | Revenue 40.0% FY27 |
| Revenue growth | 60% YoY headline; ~40-45% organic after copper pass-through. |
|---|---|
| Margins | Organic EBITDA 15.2%, flat; reported lower; Multilink 10-11%, dilutive. |
| Demand visibility | Strong: customers guiding ~2x EV volumes in 2-3 years; 2W industry +16%. |
| Management confidence | Over-optimistic; guidance raised while calling it conservative; multilink margin deflected. |
Growth
60% YoY, ~40-45% organic post copper pass-through; EV revenue +108%, now 31% of sales.
Outlook
FY27 revenue growth guided to more than 40% (from 30%); FY27 capex ~₹750 Cr; battery/electronics capex ₹150-200 Cr.
Risks
Multilink EBITDA 10-11%, no target timeline; receivables stretched; capex upsized to ₹750 Cr; EV mix undisclosed.
Last quarter's promises, checked
Delivered
- FY27 growth guided 25–30% → current qtr organic ~40–45%, FY27 guide raised to >40% (= BEAT)
- EV revenue >30–32% in 2–3 yrs → 31% of sales now (= BEAT)
Partly delivered
- EBITDA margin 15–16% FY → organic 15.2%, flat; reported lower (= PARTIAL)
Missed
- Multilink margin in line with Dhoot's 15–16% → 10–11% (= MISS)
- Net cash ~₹1,000 Cr by end-Aug → ~₹900 Cr (= MISS)
Earnings Call Transcript filed with NSE, NSE: DHOOTTRANS. Summary written with AI assistance from the document.
Dhoot Transmission Ltd: key numbers
- Share price
- ₹1,488.40
- Market cap
- ₹30,454 Cr
- Revenue (annual)
- ₹3,486 Cr
- Net profit (annual)
- ₹171.0 Cr
- Promoter holding
- 82.78%
- FII holding
- 2.17%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Dhoot Transmission Ltd
All →Dhoot Transmission Results Update
Dhoot Transmission Limited reported consolidated revenue of ₹1,827.2 crore for Q2 FY27, a 61% year-on-year increase. Adjusted PAT grew 30% to ₹161.5 crore, driven by robust EV-related sales.
- Value
- ₹1,827 Cr
Dhoot Transmission Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹18,272mn (+61% YoY, ~46% ex-Multilink). Reported EBITDA ₹2,618mn at 14.3% margin, down 330bps. Adjusted PAT ₹1,615mn (+30%).
Dhoot Transmission Q2 FY27 Results: Net Profit ₹117.8 Cr, Down 0.3% YoY
Dhoot Transmission Ltd reported revenue from operations of ₹1,827 Cr (+60.7% YoY) and net profit of ₹117.8 Cr (-0.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹117.8 Cr · -0.3% YoY
Dhoot Transmission Capital Structure Change
Dhoot Transmission bought 2,50,000 shares in its German subsidiary for cash of Rs.2.82 Crore. The filing says the capital will fund working capital and growth.
- Value
- ₹2.82 Cr
Dhoot Transmission Capital Structure Change
Dhoot Transmission invested €2.5 lakh in its wholly-owned German subsidiary, about ₹2.65 Crore. The stake stays at 100%, so control is unchanged.
- Value
- ₹2.65 Cr
Dhoot Transmission Employee Stock Options
Dhoot Transmission received NSE and BSE in-principle approval to list up to 20,59,779 equity shares for issue under its ESOP 2025 scheme. No cash value is stated, and listing remains subject to allotment and compliance conditions.