Veegaland Developers Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹106.34 Cr (+28.66% YoY), PAT ₹15.99 Cr (+92.34%), EBITDA margin 20.9% (+550 bps). Pre-sales ₹174.34 Cr (+37.56%); order book ₹1,086.79 Cr.
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Q2 FY27 revenue ₹106.34 Cr (+28.66% YoY), PAT ₹15.99 Cr (+92.34%), EBITDA margin 20.9% (+550 bps). Pre-sales ₹174.34 Cr (+37.56%); order book ₹1,086.79 Cr.
H1 FY27 revenue nearly doubled to ₹43.19 Cr (+99%); PAT ₹4.38 Cr (+124.5%). Gross profit lagged at +72%. No numeric guidance; repeated refusals on H2, capex and asset turnover.
Q2 revenue rose 48% to ₹238 Cr, largely price-led, with EBITDA margin at 8.5% (vs 7.8%). Reaching the FY27 11–12% margin target needs about 2–3 ppt expansion from H1's 9%. Management redirected margin-sustainability questions to per-ton metrics.
H1 FY27 revenue ₹88.72 Cr, +104% YoY; EBITDA ₹3.79 Cr, margin ~4%. Growth strong but Q2 fell sequentially; agency-led margin compression persists, double-digit margin deferred.
Q2 total income ₹10.07 Cr (+45.81% YoY) and PAT ₹5.30 Cr (+47.14%); H1 income ₹19.51 Cr (+42.94%). Management hedged on gold loans, citing weak demand and funding cuts.
H1 FY27 revenue rose 190% to ₹202 Cr and PAT rose 191% to ₹13.15 Cr, but the EBITDA margin fell to 11.77% from 13.13% on last year's one-time metal gains. Management declined to guide FY27 revenue.
Q2 FY27 revenue ₹1,409 Cr (+23% YoY), EBITDA ₹222 Cr, PAT ₹79 Cr (+394%). Project Ahvaan drives cost cuts toward a ₹10K+ Cr FY31 revenue target.
H1 FY27 consolidated revenue rose 83% to ₹224.71 Cr and PAT 71% to ₹34.79 Cr, with EBITDA margin at 24.17%. Growth is strong, but margin dilution from the AIC integration is conceded. Sustainability answers lacked numbers.
KFIL Q2 FY27: revenue ₹2,057 Cr (+16% YoY), PBT ₹138 Cr; castings and pig iron drove growth while tubes stalled and margins compressed. Transcript is listed subsidiary KFIL's call.
Q2 FY27 revenue ₹2,057 Cr (+16% YoY); PBT ₹138 Cr. Castings strong, but margins under pressure and tubes weak.
Q2 FY27 consolidated revenue ₹605 Cr (+28% YoY), EBITDA ~₹178-179 Cr (30% margin), PAT ₹103 Cr (+36%); order book ₹12,000 Cr. Strategy: investor-operator model across water, industrial and urban infrastructure.
Consolidated Q2 swung to a ₹50 Cr loss from prior-year profit as EBITDA fell to ₹381 Cr from ₹537 Cr on weak soda ash pricing, UK gas costs and the Kenya suspension. Standalone EBITDA rose 22%.
Q2FY27 revenue Rs1,332Mn (-56.7% YoY), PAT Rs220Mn (-55.3%), EBITDA margin 23.6%. H1FY27 revenue Rs2,493Mn (-38.7%). Order book Rs17,236Mn.
Q2FY27 consolidated revenue ₹4,177 Cr (+8% YoY), EBITDA ₹381 Cr (-29%), PAT loss ₹(50) Cr. H1 revenue ₹8,432 Cr (+11%). Strategy: pivot toward stable, application-led LIFE businesses.
H1 FY27 standalone: revenue ₹345.6 Cr (+37.6%), EBITDA ₹56.89 Cr (16.46% margin), PAT ₹35.7 Cr (+54.1%). Q2 PAT ₹16.7 Cr (+63.4%), driven by polymer shortage, pricing, inventory gains and forex.
H1 FY27 revenue ₹91.33 Cr (+16.6%), PAT ₹0.33 Cr, EBITDA ₹2.06 Cr (2.3% margin). Strategy: EBO-led expansion and asset-light model.
Q2 FY27 consolidated revenue ₹1,26,231 Cr; EBITDA margin 16%, up from 15% in Q1. India delivered its strongest Q2 ever, while UK and Netherlands remain loss-making and the Netherlands decision is deferred to March 2027.
Q2 revenue ₹97.7 Cr (+116% YoY), H1 ₹196 Cr (+65.8%); H1 PAT ₹12.9 Cr (+68%). Branded mix 70%. EBITDA margin fell to ~11% from 14.5%, attributed to super-stockist margins.
H1 FY27 revenue fell 4% to ₹305 Cr, but EBITDA rose to ₹57 Cr (margin 18.6%) on cost cuts; PAT turned positive.
H1 FY27: total income ₹77.49 Cr (+7.4%), EBITDA ₹11.99 Cr (+39.5%), PAT ₹8.44 Cr (+60.4%), EBITDA margin 15.5% (+356 bps). Strategy: new Rajasthan/Haryana units and Paint Protection Film entry.
Standalone revenue +28% Q2, +21% H1; PAT +131% Q2. EBITDA margin 35%, gross margin 78%. H1 consolidated PAT boosted by one-time Africa loan gain.
H1 FY27 revenue rose 42% to ₹114.19 Cr and PAT 49% to ₹9.10 Cr, but subcontracting-led growth and negative operating cash flow (-₹6.45 Cr) weaken earnings quality.
Q2 FY27 revenue ₹2,448 cr (+33% YoY), PAT ₹77 cr (+3%), EBITDA margin 5.8%. Record steel volumes; value-added mix rising.
H1 FY27 revenue ₹239 Cr (+16%), EBITDA ₹60 Cr (+22%), 25.3% margin, ₹957 Cr order book. Growth is flattered by ₹14 Cr freight pass-through; export fell 14%.
H1 FY27 revenue ₹90.9 Cr (+146%), PAT ₹13.9 Cr (+130%), EBITDA margin 22.3%. Growth driven by polymer price spike, freight pass-through and low-cost inventory.
H1 FY27 revenue Rs 15,747 Lakh (+26.1% YoY), EBITDA Rs 2,358 Lakh (+39.3%), PAT Rs 1,176 Lakh (+32.9%). EBITDA margin 14.93%, up 140 bps. Growth driven by PVC and WPC profiles.
Q2 revenue +3% to ₹255.8 Cr; EBITDA +27%, margin 16% (13%) on mix and cost cuts. H1 revenue -3%, negative operating cash flow, inventory elevated.
Q2FY27 Total Income ₹2,917Mn (+44%), EBITDA ₹736Mn (25.2% margin), PAT ₹494Mn (+58%). H1 PAT ₹1,234Mn (+90%). Highest-ever Q2 and H1.
H1FY27 consolidated revenue ₹2,552mn (+19%), EBITDA ₹227mn at 9% margin (-222bps), PAT ₹76mn. Strategy: HCV push, ₹3,000mn Stellantis order, FY30 ₹900–1,000 crore aspiration.
Record Q2 revenue ₹187.8 Cr (+31.6%), but H1 PAT up only 6.6% as depreciation, finance cost and lost treasury income absorbed margin gains. Operating cash flow negative ₹45.8 Cr; cash inflow promised from Q4 without firm numbers.