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Investor Presentation

Karamtara Engineering Investor Presentation: Key Takeaways

Q2 FY27 revenue Rs1,647 cr (+62% YoY), EBITDA Rs196 cr (11.9%), PAT Rs94.6 cr (+37%). H1 revenue Rs3,228 cr (+67%), PAT Rs182 cr. Capacity expansion and international push continue.

Why this was an Alfa AlertManagement guides 60% Revenue growth for FY27 (explicit single-year guidance).
Guidance and delivery
Management target Revenue 60.0% FY27
Highlights
Revenue growthQ2 +62%, H1 +67% YoY
MarginsQ2 EBITDA 11.9%, ~100bps QoQ; freight drag, recovery expected H2
Order bookRs6,500 cr Sep-26 vs Rs6,000 cr Jun-26; Rs2,100-2,200 cr intake
Demand visibilityOrder book Rs6,500 cr; ~60% executable in FY27
Management confidenceHigh; FY27 guidance unchanged despite geopolitics

Growth

Q2 revenue +62% YoY, EBITDA +46%, PAT +37%. H1 revenue +67%, EBITDA +46%, PAT +41%. International 73% of Q2 revenue.

Outlook

FY27 revenue growth guidance of 60-65% over FY26 unchanged. Saudi plant revenue expected FY28. H2 capex Rs200-250 cr, funded mainly by internal accruals.

Risks

Elevated freight costs and Middle East disruption weigh on margins and debtor days (94 days). Capacity utilisation only 60-70% by year-end.

Last quarter's promises, checked

Delivered

  • Guided 50% US tariff fully passed through → passed through on US contracts (= BEAT)

Partly delivered

  • Guided FY27 rev +60-65% → H1 +67% YoY, H1 only (= PARTIAL)
  • Guided margin rise with revenue (Q1 ~11%) → Q2 11.9%, ~+100bps QoQ, freight drag (= PARTIAL)
  • Guided freight pass-through on new contracts → 'largely' passed through (= PARTIAL)

Missed

  • Guided WC cycle 36 days → debtor days 94 (= MISS)
  • Guided Saudi trials Dec-26, 12-18mo ramp → 'ramp slower' (= MISS)
Source

Investor Presentation filed with NSE, NSE: KARAMTARA. Summary written with AI assistance from the document.

Read the document ↗

Karamtara Engineering Ltd: key numbers

Share price
₹386.00
Market cap
₹12,422 Cr
Revenue (annual)
₹4,312 Cr
Net profit (annual)
₹228.8 Cr
Promoter holding
82.01%
FII holding
1.44%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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15:58 IST BSE
New Order Win

Karamtara Engineering Bags ₹1,199 Cr Order

Karamtara Engineering secured new orders of ₹1,199 Cr across Transmission and Renewable Energy segments. This reinforces the company's market position and revenue visibility.

Value
₹1,199 Cr