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Investor Presentation

Rubicon Research Investor Presentation: Key Takeaways

Rubicon Research reported a strong Q1 FY27 with revenue growing 51% YoY to ₹534 Cr and PAT surging over 95% to ₹85 Cr.

Guidance and delivery
EBITDA Margin guidance 22.5% → 23.0% Raised by 0.5 percentage points
Highlights
Revenue growth51% YoY growth; USD revenue up 32% YoY to $55 million.
MarginsGross margin up 140 bps sequentially to 67.7%; Operating EBITDA at 24.2%.
Demand visibilityStrong traction for revenue; very strong visibility in coming quarters.
Management confidenceHigh; citing strong visibility and broad-based growth across portfolio.

Growth

Revenue grew 51% YoY; EBITDA rose 65% to ₹131 Cr; Operating EBITDA margin expanded to 24.2%.

Outlook

EBITDA guidance for FY27 raised to 23% (from 22-23%). Pithampur and NJ facilities to ramp up by CY2027.

Risks

Geopolitical conditions increasing input and freight costs; new facility pre-revenue costs; ESOP costs impacting near-term margins.

Last quarter's promises, checked

Delivered

  • EBITDA range 22-23% → delivered 24.2% (= BEAT)
  • R&D productivity 5.7x → delivered 5.9x (= BEAT)
  • Pithampur ramp-up Q1 CY27 → on track/pre-revenue (= BEAT)

Partly delivered

  • Gross margins to improve via internal mfg → reliance on outsourcing remains high (= PARTIAL)
Source

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

Read the document ↗

Rubicon Research Ltd: key numbers

Share price
₹1,676.30
Market cap
₹27,748 Cr
Revenue (annual)
₹1,754 Cr
Net profit (annual)
₹246.7 Cr
P/E (TTM)
96.3×Sector 50.4×
Promoter holding
59.76%-0.10% QoQ
FII holding
7.52%Current quarter

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

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Employee Girish Subramaniam Iyer sold 6,796 shares in the open market across four transactions for a total consideration of ₹1.23 Crore.

Value
₹1.23 Cr
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Employee Vinayak Sawant sold 1,100 shares of Rubicon Research Ltd worth ₹0.20 Crore. This disclosure is a routine regulatory filing under PIT regulations.

Value
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