CESC Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹5,686 Cr (+6%), EBITDA flat at ₹1,217 Cr, PAT ₹438 Cr (-2%). Acquiring 1.4 GWp ReNew solar portfolio at ₹4,859 Cr EV, targeting 10 GW renewables.
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Q2 FY27 consolidated revenue ₹5,686 Cr (+6%), EBITDA flat at ₹1,217 Cr, PAT ₹438 Cr (-2%). Acquiring 1.4 GWp ReNew solar portfolio at ₹4,859 Cr EV, targeting 10 GW renewables.
Q2FY27 consolidated revenue ₹2,280 Cr (+43% YoY), EBITDA ₹77 Cr (3.39% margin), PAT ₹46.2 Cr (+57%), a record quarter. Steel volumes 3.03 lakh tonne (+27%). Strategy: steel volume thrust plus non-steel build-out.
Q2 revenue +65% to ₹554 Cr and habitat +58%, helped by the Perundurai restart. H1 growth is price-led. Management gave no quantified FY27 guidance and avoided numbers on margins and capex.
Record ₹771 Cr Q2 revenue (+19%) masks a profit decline: PAT ₹48 Cr vs ₹51 Cr, and EBITDA margin of 15.5% sits at the guidance floor. Management called the analyst's contract-asset concern incorrect and gave no aging data on the call.
Q2 was muted: revenue milestones slipped 10-15 days into Q3, hitting top and bottom line. Management reiterates FY27 double-digit revenue growth and margin red lines, with no quantified Q2 numbers given.
Q2 FY27 profit rose 16% QoQ to ₹201 Cr as pre-tax margin widened to 23%. Management guides above ₹800 Cr PAT for FY27. Bounce-rate and 30+ DPD questions were not answered with figures.
Headline revenue growth of 36% flatters the quarter: like-to-like growth was 24%, gross margin fell 520 bps, and PAT fell 3% on tax normalisation.
Strong Q2 pre-sales (₹2,100 Cr, 274 units) but thin reported P&L: revenue ₹52.5 Cr, PAT ₹4.7 Cr, pending handovers.
Q2 FY27 EBITDA loss of ₹848 Mn and net loss of ₹828 Mn on ~8% revenue decline. Legacy-project overrun booked in one go. H2 recovery depends on deferred dispatches and the Hyundai order.
Record Q2 FY27 EBITDA ₹259 Cr (15.3% margin) on 57% income growth; margin beat is real, but FY27 targets rest on hedged language.
Management reports record Q2: revenue +16.9%, EBITDA margin 31%, PAT +34.8%. Revenue growth guidance was cut to 1.2-1.5x industry, blamed on one export customer and West Asia. EBITDA margin guidance was raised to 29-30%.
Record Q2 revenue ₹4,816 Cr (+28.1%) and PAT ₹111 Cr (+37.1%); working capital outflow ₹272 Cr, mostly an international collection delay.
Record consolidated revenue of ₹1,780 Cr (+28.5% YoY) and PAT up 46%, but MDF margins are still about 8% and FY28 guidance was withheld.
Standalone revenue hit a record ₹1,722 Cr (+19%), but EBITA fell 6% and margin dropped to 11% from 14% on input-cost inflation. Management is confident about margin recovery but gave no numbers. Cash flow weakened on inventory build.
Total Transport Systems reported strong Q2 FY27 results with significant revenue and profit growth driven by high freight rates and a recovering LCL segment.
Saksoft reported stagnant quarterly revenue as AI-driven efficiency gains cannibalize traditional billing hours.
Q2 FY27 revenue Rs.1,900 Cr (+19%), PAT Rs.40 Cr (+149%), EBITDA margin 6.9%. H1 revenue Rs.4,319 Cr (+30%), PAT Rs.161 Cr. Store expansion continues to 229 stores.
Q2 FY27 revenue Rs446 Cr (+31% YoY), EBITDA Rs92 Cr at 20.6% margin, adjusted PAT Rs56 Cr. Strategy: vertical integration, value-added yarns, green energy.
Q2 FY27 consolidated operating loss: operating income INR 6,747 Mn (-8.1% YoY), EBITDA INR (848) Mn, PAT INR (828) Mn, driven by legacy project cost revisions.
Q2 FY27 standalone revenue Rs2,269 Cr (+18.9% YoY) and PAT Rs149 Cr (+8.8%). PBDIT margin fell to 9.8% from 11.2% on raw material inflation.
H1 FY27 consolidated revenue ₹291.93 Cr (+38% YoY), EBITDA ₹55.73 Cr at 19.09% margin, PAT ₹37.72 Cr (+32%). Capacity expansion to ~26,000 MVA planned.
Q2 FY27 revenue ₹630.5 Cr (+14.3%), EBITDA ₹82.5 Cr (13.1% margin), PAT ₹45.7 Cr (+25.3%). Bakery outgrew biscuits; capacity expansion continues.
Diffusion Engineers reported strong Q2 revenue growth of 50.7%, though EBITDA margins contracted due to raw material and energy cost pressures.
Sangam reported its best-ever quarter with revenue crossing ₹1,000 Cr, driven by high capacity utilization across divisions.
Q2FY27 revenue Rs 452 Cr (+16.9% YoY), PAT Rs 24 Cr (+21.3%). H1 PAT Rs 50 Cr (+19.4%). EBITDA margin compressed to 13.5% on gross margin decline and inventory build.
H1 FY27 consolidated revenue ₹7,504.94L (+78.52%), PAT ₹944.30L (+53.01%), EBITDA margin 19.38%. Order book ₹370+ Cr; expanding into CBG, renewables and LNG/CNG.
Q2 FY27 consolidated revenue Rs 57,553 cr (+25%) and PAT Rs 4,588 cr (+25%). H1 PAT +29%, H1 EPS Rs 89.5, annualised RoE 21%.
Q2 FY27 consolidated revenue Rs 48,700m (+20.8% YoY), EBITDA Rs 7,780m (16.0% margin), standalone PAT Rs 3,708m (+19.6% YoY). Indian manufacturing growth guidance maintained; overseas under strategic review.
H1 FY27 revenue ₹143.39 Cr (+21.1% YoY), PAT ₹12.56 Cr (-11.6% YoY), EBITDA margin 14.0%. Pending all-share Pacific Global FZCO acquisition.
Q2 FY27 revenue INR 538 cr (+45% YoY), EBITDA INR 151 cr (28% margin), PAT INR 79 cr (+80%). 1HFY27 total income INR 1,007 cr (+44%). Strategy: complex FDF launches, CDMO, biologics, rHA.