Time Technoplast Investor Presentation: Key Takeaways
Q2FY27 record: total income ₹1,996 Cr (+32%), EBITDA ₹265 Cr (+18%), PAT ₹146 Cr (+27%); H1 PAT ₹262 Cr (+25%). Strategy: automation, ROCE uplift, composite growth.
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Q2FY27 record: total income ₹1,996 Cr (+32%), EBITDA ₹265 Cr (+18%), PAT ₹146 Cr (+27%); H1 PAT ₹262 Cr (+25%). Strategy: automation, ROCE uplift, composite growth.
VTM Q2 FY27 standalone: net sales ₹9,817L (+9.2% YoY, flat QoQ), EBITDA ₹694L (+38.9% YoY), EBITDA margin 7.1%, PAT ₹294L (+26.6% YoY). Material cost ratio fell 516 bps YoY. No guidance given.
Consolidated revenue ₹57,553 Cr (+25%) and PAT ₹4,588 Cr (+25%) on multi-business strength, despite commodity inflation, monsoon deficit and a cut tractor outlook.
Q2 revenue ₹41.4 Cr (+21.6%) and PAT ₹7.14 Cr (+53.5%) with margin expansion. Management still refused FY27 guidance, offering only a vague 'at least 15% growth every year'.
Consolidated revenue grew 11.6%, the second straight double-digit quarter. India standalone grew 8.9%, and India FMCG grew 10.7% on 5.5% volume and 5.2% price. Management reiterated double-digit full-year guidance and called its M&A progress red.
Q2 FY27 revenue ₹1,833mn, EBITDA ₹442mn (24.1%), PAT ₹235mn; H1 revenue ₹2,193mn, PAT ₹58mn. Order book ₹2,498mn plus ₹4,083mn under negotiation.
Q2 FY27 revenue ₹280 Cr (+43%), PAT ₹52 Cr (+169%); H1 revenue ₹498 Cr (+25%), PAT ₹66 Cr (+34%). Capex-led push into DCV injectables and CDMO.
H1FY27 consolidated revenue Rs 3,330 cr (+31.1%), adj. EBITDA Rs 348 cr (10.5% margin), PAT Rs 225 cr (+63.6%). Q2 revenue Rs 1,802 cr (+37.2%). Aspirational Rs 9,000-10,000 cr revenue target by FY30.
Flood-hit quarter: GDPI -1.1% vs industry +7%, PAT ex-MTM ₹208 Cr vs ₹277 Cr. Management reframes results via Ind AS and ex-flood adjustments, and defers discounting detail to February.
Revenue ₹446 Cr (+31%) and EBITDA margin 20.6% (from 11.2%). Cotton inventory gains and high spreads flatter Q2, and Q3 is guided lower. Reported PAT ₹36 Cr after a ₹27 Cr fire loss.
Q2 FY27 revenue Rs 3,638 Mn (+60% YoY), EBITDA Rs 749 Mn (20.6% margin), PAT Rs 395 Mn (-20% YoY). Growth driven by renewables and water EPC; margins compressed by mix and costs.
Q2 FY27 revenue ₹809Mn (+25.2% YoY) but EBITDA margin fell to 16.35% from 29.13%, and PAT dropped 22.0% to ₹82.75Mn on investment-led cost increases.
Q2FY27 revenue Rs 97.7 Cr (+31.3% YoY), EBITDA Rs 22.5 Cr (23.0% margin), PAT Rs 18.5 Cr (+7.7% YoY). Volume and price-led growth; brownfield capacity now 3,500 TPM.
Total income rose 10% to ₹258.1 Cr, but EBITDA margin slipped to ~35% from 37%. PAT jumped 121% on lower finance and depreciation costs, not operations.
Q2 FY27 consolidated PBT ₹68 Cr (+12% YoY) and PAT ₹50.7 Cr (+17% YoY, −25% QoQ). Focused products rose to 53% of AUM (₹15,019 Cr) as the company shifts to annuity-led income.
Q2 FY27 revenue $411.9M (+1.6% QoQ) missed management's own expectations on GSE softness and deal delays. No Q4 outlook given; new CEO's first call. Earnout reversal flatters PAT.
Q2 FY27 consolidated revenue INR 2,985 Mn (+39.9% YoY) with EBITDA loss INR (49) Mn; H1 revenue INR 6,109 Mn (+47%). Post-DyStar, pivoting to copper smelting and fertilizers (~INR 13,300 Cr capex).
Q2 consolidated revenue ₹2,364 Cr, PAT ₹100 Cr, EBITDA ₹227 Cr; no YoY stated. Order book shrank to ~₹21,000 Cr with only ~₹200 Cr inflow to 30 Sept; management leans on 'hopeful' language.
Profit jumped on higher spot-platform margins while enterprise revenue fell 32% as scrap recycling tied up working capital. Management declined to give any FY27 revenue or margin guidance.
Record Q2 revenue ₹361.1 Cr (+23.9%), but EBITDA rose only 9.1% as margin fell ~200bps to 14.3% on freight, fuel and staff costs. Growth is price-led; margin recovery is asserted, not quantified.
Q2 FY27 consolidated revenue ₹6,042 Cr (+32%), EBITDA ₹528 Cr (8.79% margin), PAT ₹184 Cr (+19%); order book ₹80,167 Cr.
Q2FY27 AUM ₹1,311.5 Cr (+95.4% YoY), PAT ₹9.6 Cr (+62.2% YoY), gold loans 95.6% of AUM. Asset quality deteriorated sharply, with NNPA at 2.37%.
H1 FY27 standalone revenue ₹424.1 Cr (+26.5%), PAT ₹25.4 Cr (+71.6%), EBITDA margin 11.4%. Consolidated PAT fell to ₹6.7 Cr on NOPL intra-group elimination; pivot to solar IPP.
Q2 revenue ₹271 Cr (+8%) but PAT fell to ₹16 Cr from ₹24 Cr; EBITDA flat at ₹43 Cr. Management leans on ₹24 Cr 'normalised' PAT and strategy narrative, with no margin guidance.
H1 FY27 revenue ₹1,200.98 lakh (+63.4% YoY), EBITDA ₹385.11 lakh (+117.6%), PAT ₹246.92 lakh (+167.9%). Rabale glass-resizing line is live; Goa TFT-LCD plant planned.
Q2 revenue ₹209 Cr (+19.6%), EBITDA margin 24.5%, PAT ₹33.4 Cr (+26%). A TLS security incident forces FY27 guidance cut to ~₹800 Cr revenue and ~₹125 Cr PAT.
Q2 FY27 revenue ₹4,093 lakh (+32% YoY), EBITDA ₹410 lakh (10% margin), PAT ₹109 lakh. H1 PAT fell to ₹12 lakh from ₹221 lakh on depreciation and tax. SupTech and CARBON drive growth.
Q2 revenue rose 52% to ₹312 Cr and PAT rose 77%, with EBITA margin at 12.7%. Management again avoided quarterly guidance, leaning on a ~₹2,000 Cr order book. The ₹540 Cr inventory build amid component shortages is the watch point.
Q2 FY27: net revenue INR 135.5 Cr (+4% YoY), operating EBITDA INR 27.5 Cr (+8%), PAT INR 8.1 Cr (+34%). Premiumisation continues; Elite & Premium is 82% of own brands.
Q2 FY27 consolidated revenue ₹462 Cr (+4%) with EBITDA ₹5.6 Cr vs ₹0.2 Cr LY. Spencer's +7% offsets Nature's Basket -17%; losses persist.