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Earnings Call Transcript

Rain Industries Earnings Call Transcript: Key Takeaways

Q2 FY27 revenue ₹54.86 bn, +23% YoY, mainly price-led; adj. EBITDA +32% to ₹8.57 bn. Calcination volumes fell and Cement margins were negative.

Highlights
Revenue growthRevenue ₹54.86 bn, +23% YoY; price-led; volumes lower.
MarginsCarbon margin 18.7% (from 16.5%); AM 11.1% (from 10.0%); Cement negative.
Demand visibilityAluminium demand uneven; LME prices near highs; Gulf smelters partly offline.
Management confidenceCautious, balanced; repeated caveats on geopolitics and energy costs.

Growth

Revenue +23% YoY, price-led with lower volumes. EBITDA +32% helped by low-cost inventory and FX tailwinds.

Outlook

No numeric financial guidance given; Telangana cement expansion deferred; HY bond refinancing eyed around March 2027.

Risks

Calcination volumes hit by Gulf conflict; Cement EBITDA loss; management expects Q4 pressure absent resolution.

Source

Earnings Call Transcript filed with NSE, NSE: RAIN. Summary written with AI assistance from the document.

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Rain Industries Ltd: key numbers

Share price
₹181.40
Market cap
₹6,101 Cr
Revenue (annual)
₹16,946 Cr
Net profit (annual)
₹42.52 Cr
P/E (TTM)
11.4×Sector 28.2×
Promoter holding
41.35%+0.00% QoQ
FII holding
7.69%Current quarter

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

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