JM Financial Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue Rs 1,056 Cr (+1.1% YoY), PAT Rs 240 Cr (-11.3%); H1 PAT Rs 531 Cr (-26.6%). Loans and wealth AUM grew; profit fell on lower Capital Markets and Treasury earnings.
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Q2FY27 consolidated revenue Rs 1,056 Cr (+1.1% YoY), PAT Rs 240 Cr (-11.3%); H1 PAT Rs 531 Cr (-26.6%). Loans and wealth AUM grew; profit fell on lower Capital Markets and Treasury earnings.
Q2 FY27 revenue ₹194.9 Cr (+22% YoY), EBITDA ₹27.3 Cr (+23%), PAT ₹14.5 Cr (+30%). H1 FY27 PAT ₹19.6 Cr (+234%). Order book ₹955 Cr; growth via international subsidiaries.
H1 FY27 revenue Rs 1,183 Cr (+25% YoY), EBITDA Rs 155 Cr (13.1% margin), PAT Rs 93 Cr (+42%). Ranihati expansion takes capacity from 40,000 MT to 75,000 MT.
H1 FY27 revenue rose 75% to ₹133 Cr and PAT 55%, but margins stayed flat at 7.7% and receivables reached ₹129 Cr. Management's 70-80% FY27 growth claim is a sharp pivot from its 20-30% guidance.
Record Q2FY27 revenue ₹3,785 Mn (+36.7% YoY), EBITDA ₹886 Mn (23.1% margin), PAT ₹544 Mn (+38.2% YoY); construction and aftermarket driving growth.
Q2 FY27: Turnover ₹18,071 Cr, USG 15% on ~8% price; EBITDA margin 22.6% (down 140bps YoY) absorbed input inflation. Pre-exceptional PAT +9%; reported PAT flat on base-period tax gain.
H1 FY27 consolidated revenue of ₹3,257 Cr (+49%) and PAT of ₹1,680 Cr (+53%) are strong. Q2 index options turnover fell sequentially for the first time, cash market share is still below double digits, and management deflected on timing.
Q2 FY27 revenue ₹474 Cr (-3.5% YoY), PAT ₹36 Cr (+27.3%), EBITDA margin 18.9%; H1 revenue flat at ₹955 Cr. Big Billion Days shift to Q3 cited.
H1 FY27 revenue ₹1,367 Cr (+58.7%), PAT ₹73.5 Cr (+43.1%), EBITDA margin 7.6%. Q2 FY27 revenue ₹819 Cr (+55%), PAT ₹39 Cr (+73%). Bridal jewellery entry; new 4,000 kg capacity.
Q2 FY27 net loss ₹70 Cr; PPOP ₹85 Cr, up 34% QoQ. Q1 one-off credits (CGFMU, ARC) distort the provisioning comparison; slippages rose sequentially to ₹239 Cr.
Reported PBT ₹1,131 Cr (+15%) is inflated by ~₹123 Cr one-offs; adjusted PBT ₹1,008 Cr rose only 6% YoY. Growth is mostly NABA-acquisition driven, with higher finance costs.
Q2 FY27 revenue INR 3,391.5M (+13% YoY), EBITDA INR 2,118.2M (+19%), margin 62%; reported PAT -6% on prior-year insurance gain. Middle East conflict hit volumes; no guidance.
Q2 PAT ₹267 Cr (+18% YoY), but NBFC stress is rising: collection efficiency fell to 98.35% and credit costs were raised. Management reiterates 22% FY27 growth despite a Q3 slowdown.
Record Q2 FY27 revenue ₹4,432cr (+30% YoY), EBITDA margin 3.5% (+44bps), PAT ₹70cr (+44%). H1 revenue ₹7,876cr (+23%); net cash ₹154cr.
Consolidated revenue ₹7,910 Cr (+29% YoY), EBITDA margin 24%, net profit ₹930 Cr. Growth partly acquisition-led. Saroglitazar launch spend is heavy and the US launch is targeted for March 2027.
Q2 FY27 consolidated revenue Rs2,325 Cr (+45% YoY), PAT Rs290 Cr (+53% YoY). Order book Rs24,577 Cr. Margins compressed sequentially. No explicit guidance.
H1 FY27 revenue ₹196.4cr (+117% YoY), PAT ₹9.5cr (+73%), PAT margin 4.8% (down 122bps). Targets ₹370cr normalised FY27 revenue; MV cable entry underway.
Q2 revenue rose about 19% to ₹102.9 Cr with margin flat at 12.7%. Olive profit depends on a pending flood insurance claim. Debt-reduction and expansion decisions were deferred on raw-material costs.
Q2 FY27 total income ₹10.07 Cr (+45.8% YoY) and PAT ₹5.31 Cr (+47.3% YoY); H1 PAT crossed ₹10 Cr. Loan book ₹131 Cr; Emerald Ekam platform launched.
Revenue ₹76.7 Cr (+41.3% YoY, +5.4% QoQ), PAT ₹11.3 Cr (+54.8%), EBITDA margin 21.1%. Growth is solid, but management avoided RPO range and PyX revenue questions.
Q2 FY27 consolidated total income ₹277.34 Cr (+53.74%), PAT ₹38.24 Cr (+87.11%). H1 PAT ₹141.46 Cr, aided by MRO exit. Strategy: AI-infra acquisitions via Aeroflex Neu.
Q2 FY27 operating revenue INR 1,332 Mn (+8.6% YoY), PAT INR 106 Mn (+6.0%), EBITDA margin 21%. H1 PAT down 21%. Strategy shifts toward annuity hospitality and Gymkhana.
Q2 FY27 revenue Rs 231 Cr (-21.6% YoY), EBITDA Rs 33 Cr (14.4% margin), PAT Rs 18 Cr (8.0%). H1 revenue Rs 487 Cr (-15.9%), PAT Rs 41 Cr. Weak demand; export and Hamirpur ramp-up ongoing.
Q2 brand revenue rose 65% to ₹150.4 Cr at a 17.7% brand margin; total revenue ₹198.6 Cr (+22%). Management is upbeat on festive demand but cautious on input costs and the unresolved West Asia situation, and is winding down OEM business.
H1 FY27 was a record: revenue rose 17.8% to ₹448.5 Cr and EBITDA 39% to ₹154 Cr at a 34.3% margin, with zero debt. Q2 margin was also 34.3%.
Q2 FY27 record quarter: revenue ₹3,610 Mn (+63.9% YoY), EBITDA ₹387 Mn (10.72% margin), PAT ₹280 Mn (+86.7% YoY). H1 PAT ₹541 Mn. Capacity expansion underway.
Q2 FY27 consolidated revenue ₹76,149 mn (+23%), EBITDA ₹11,910 mn (+29%), PAT ₹6,301 mn (+32%). Demerger and hospital expansion continue.
Q2 FY27 revenue Rs389 Cr (+43.4%, incl. ~Rs18 Cr one-time tariff refund), PAT Rs74 Cr (+67.5%), EBITDA margin 24.2%. Auto components lead growth.
Q2FY27 sales INR 5,639 Mn (+16% YoY), EBITDA INR 865 Mn (14.5%), PBT INR 698 Mn (11.7%). H1FY27 sales +19%. Growth is volume-led; SKF Vertevo brand launched.
H1 FY27 revenue ₹103.6 Cr (+97.4%) and PAT ₹11.9 Cr (+50.8%). Profit lags sales, while receivables and inventory surged and operating cash flow turned negative.