Krsnaa Diagnostics Earnings Call Transcript: Key Takeaways
Krsnaa hit ₹500 Cr H1 revenue, but heavy Rajasthan ramp-up costs and government receivable delays (₹472 Cr) are squeezing margins and PAT.
- Call
- Guides 45% growth
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Krsnaa hit ₹500 Cr H1 revenue, but heavy Rajasthan ramp-up costs and government receivable delays (₹472 Cr) are squeezing margins and PAT.
Q2 FY27 consolidated revenue ₹43,416 Cr (+16.7%), PAT ₹5,952 Cr (+25.4%); attributable PAT ₹2,758 Cr (+22.9%).
Q2 FY27 revenue ₹203.7 Cr (+52% YoY), PAT ₹7.5 Cr (+101%), EBITDA margin 6.0% (+132 bps). Store count 428; claims net debt-free.
Q2 FY27 revenue ₹1,032 cr (+135% YoY), EBITDA ₹133 cr (12.9% margin), PAT ₹108 cr (3.9x). QIP-funded expansion; net cash ₹572 cr.
Flair's Q2 was hit by severe flooding in Vapi and Daman, causing a ₹25 Cr revenue loss. Management lowered FY27 revenue guidance from 15% to 12% amid geopolitical tensions in West Asia impacting exports.
MMP achieved record quarterly and half-yearly revenue despite monsoon seasonality, driven by robust powder exports.
PPL managed a 19% H1 revenue jump despite poor monsoon and volatile sulfur prices.
Max Healthcare maintains strong momentum with 20% revenue growth, driven by rapid brownfield ramp-ups and improved ARPOB despite a 14% capacity increase.
H1FY27 consolidated: revenue Rs159.1 Cr (+95.1% YoY), EBITDA Rs46.7 Cr (29.3% margin), PAT Rs31.2 Cr (19.6% margin). Order book ~Rs846 Cr; focus on execution and cash conversion.
Revenue declined slightly as digital growth (+26% YoY) was offset by a sharp 21% drop in traditional media.
Q2 FY27 deck discloses no group P&L numbers. Brands report double-digit growth (Nutralite, Sugar Free, Complan, Everyuth), Max Protein EBITDA expanded, and no guidance is given.
JTL delivered strong volume-led growth of 23.2%, but margins remain constrained by high input costs and execution delays at the Maharashtra facility.
Q2/H1 FY27 call: no H1 figures disclosed; management admits H1 fell short of expectations. FY26 revenue +7.7%, PAT +20%. Order book INR133cr, targeting ~INR170cr.
Q2/H1 FY27 standalone: revenue INR 588 Cr (+31%), EBITDA margin 27.9%, PAT INR 115 Cr (+46%); record 1,900 machine dispatches, order book INR 5,082 Cr. Consolidated PAT fell 15%.
Management reported record quarterly standalone sales but consolidated profits were hit by one-time exceptional costs from closing overseas operations.
Management is aggressively scaling via an integrated workspace platform and acquisitions, though margins faced slight compression from input costs. Operational restructuring aims to separate asset-light and asset-heavy businesses.
Q2 FY27 revenue Rs 977 Mn (+116.4% YoY), PAT Rs 64 Mn (+83.9%), EBITDA margin 11.1% (vs 14.5%). H1 revenue Rs 1,960 Mn, PAT Rs 129 Mn. Focus: branded scale, capacity expansion, pan-India distribution.
Ideaforge returned to profitability with Q2 revenue up 124% YoY, executing 50% of its FY27 opening order book.
Puravankara delivered record sales growth and debt reduction, though margins face short-term pressure from front-loaded marketing and approval costs.
NALCO delivered record-high half-yearly results, driven by strong operational efficiency and pricing realization, despite significant raw material cost inflation.
Orient Technologies shifts focus toward high-margin managed services to offset global hardware supply chain disruptions. Profitability improved QoQ despite revenue dipping YoY due to selective infrastructure deal-making and hardware delays.
Wonderla Q2 FY27 total income Rs 12,568L (+42%), EBITDA Rs 3,011L (+90%, 24.0% margin), PAT Rs 5L. Footfall +44%, resorts revenue +57%.
Q2 FY27: total income Rs148.5 Cr (+18%), EBITDA Rs22.4 Cr (15.1% margin), PAT Rs12.3 Cr (+352%). H1 FY27 PAT Rs38.8 Cr (+188%).
Q2 FY27 revenue ₹599 Mn (+10.7% YoY), EBITDA ₹13 Mn (2.17%), PAT loss ₹54 Mn. H1 revenue ₹1,253 Mn (-2.6% YoY). Natural stone unit exited; engineered quartz focus.
Q2FY27 Total Income Rs 253 Cr (+34% YoY), EBITDA Rs 19 Cr (7.6%), PAT Rs 12 Cr (+73% YoY). H1FY27 PAT Rs 26 Cr. Export-led powders growth; QoQ margin dip on inventory losses.
H1 FY27 revenue ₹8,670 Mn (+18.9%), record Q2 revenue ₹5,011 Mn; PAT ₹478 Mn (+5.0%). EBITDA margin compressed to 9.8% (11.1%) on input-cost inflation. Order book ₹14,625 Mn (+59%) supports growth.
Q2 FY27 revenue from operations ₹5,419 Cr (+26.3% YoY, +2.2% QoQ), PAT ₹1,835 Cr (+28.1% YoY, -8.3% QoQ), EBITDA ₹2,659 Cr (+28.0% YoY). Metal output led growth.
Q2 FY27 consolidated revenue ₹332 Cr (+30% YoY), EBITDA ₹134 Cr (+21%), PAT ₹77 Cr (+36%). Acquired 100% of Ultrafresh Modular; corporate restructuring proposed.
H1 FY27 standalone revenue ₹4,189.82 Mn (-14.25% YoY), EBITDA ₹356.73 Mn, margin 8.51%. Consolidated Q2 EBITDA margin recovered to 10.20%.
Q2 FY27 revenue ₹346.7 Cr (-1.2% YoY), EBITDA ₹39.0 Cr (11.2% margin), PAT ₹16.0 Cr (+14.8% YoY). Order book hit record ₹1,087.3 Cr.