| Revenue growth | Q2 revenue +85% YoY to INR 13,197 Mn |
|---|---|
| Margins | EBITDA margin 6.80% vs 6.47%; PAT margin down to 3.63% |
| Demand visibility | Strong specialized wire demand; trial HVDC export orders |
| Management confidence | Upbeat; Supa expansion completed six months early |
Growth
H1 FY27 revenue INR 24,839 Mn (+95% YoY), EBITDA INR 1,641 Mn (+90%), PAT INR 902 Mn (+73%).
Outlook
Board approved up to Rs 1,850 Mn Supa Phase 3 capex, completion Q1 FY29. No numeric growth guidance given.
Risks
Q2 PAT margin fell to 3.63% from 4.16%. H1 finance costs rose to INR 395 Mn from 166 Mn. Trade payables rose sharply to INR 4,183 Mn.
Last quarter's promises, checked
Delivered
- Guided ~INR75,000/t EBITDA sustained FY27 → INR101,454/t Q2 (= BEAT)
- Guided Supa phase-2 completion by Mar-27 → completed 6 months early (= BEAT)
- Guided positive operating cash flow goal → positive H1 OCF (= BEAT)
Partly delivered
- Guided ~59,000 MT installed by FY27-end → 57,845 MT Q2 (= PARTIAL)
- Guided 30-35 working capital days as achievable aim → 52 days Q2, from 70 (= PARTIAL)
Investor Presentation filed with NSE, NSE: KSHINTL. Summary written with AI assistance from the document.
KSH International Ltd: key numbers
- Share price
- ₹988.00
- Market cap
- ₹6,694 Cr
- Revenue (annual)
- ₹3,107 Cr
- Net profit (annual)
- ₹110.1 Cr
- P/E (TTM)
- 51.6×Sector 51.9×
- Promoter holding
- 74.58%+0.00% QoQ
- FII holding
- 6.60%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from KSH International Ltd
All →KSH International Capacity Expansion: ₹185 Cr Investment
KSH International approved a Rs 185 Crore capex for Phase-3 expansion at its Supa facility. Total capacity rises to about 72,200 MT by Q1 FY2028-29.
- Value
- ₹185.0 Cr
- Execution
- By Q1 FY 2028-29
- Specialized magnet winding wire capacity addition
- 14355.0 MT
KSH International Results Update
KSH International's Q2 FY27 revenue rose 85%, with EBITDA of Rs 897 million and PAT of Rs 480 million. The board also approved a Phase-3 Supa expansion.
KSH International Q2 FY27 Results: Net Profit ₹48 Cr, Up 62.2% YoY
KSH International reported H1 FY27 profit after tax of ₹901.73 million. The board also approved ₹1,850 million capex for Phase-3 magnet wire expansion.
- Key figure
- Net profit ₹48 Cr · +62.2% YoY
KSH International Employee Stock Options
KSH International Ltd allotted 35,182 equity shares following the exercise of vested employee stock options. The allotment increases the company's paid-up share capital to 6,77,90,882 equity shares.
KSH International Business Update
KSH International received PGCIL manufacturer approval to produce CTC, PICC, and BPICC for 765 kV transformers/reactors. The Supa Facility can now supply conductors for POWERGRID projects.
KSH International Board Meeting Date
KSH International will hold a board meeting on November 04, 2026, to consider and approve unaudited financial results for the quarter ended September 30, 2026.