Maharaja & Speedex India Investor Presentation: Key Takeaways
H1 FY27 revenue ₹78.5 Cr (+36% YoY), EBITDA ₹15.1 Cr (19.2% margin, +52%), PAT ₹9.9 Cr (+50%). Strategy: capacity to 103 lakh units by Mar 2027, plus OEM and omnichannel growth.
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H1 FY27 revenue ₹78.5 Cr (+36% YoY), EBITDA ₹15.1 Cr (19.2% margin, +52%), PAT ₹9.9 Cr (+50%). Strategy: capacity to 103 lakh units by Mar 2027, plus OEM and omnichannel growth.
Record Q2 FY27 revenue INR 4,519.9 mn (+19.9% YoY); PAT ex-deferred tax INR 223.2 mn (+39.9%). Reported PAT INR 158.9 mn after INR 64.3 mn deferred tax charge.
Q2 FY27 revenue ₹6,282 mn (+2.1% YoY), EBITDA ₹759 mn (12.1% margin), PAT ₹306 mn (4.9%). H1 FY27 revenue ₹11,498 mn. Order book ₹25,426 mn.
Q2FY27 total income Rs 2,474 Mn (+28% YoY), normalised EBITDA Rs 1,584 Mn (71.6% margin), reported PAT Rs 330 Mn (-24%). Post-IPO deleveraging; 2,450-bed JGU expansion announced.
Q2 FY27 consolidated net revenue ₹23.9 Cr (+8% QoQ, -8% YoY) with PAT loss ₹(3.7) Cr. iServeU recovering; NBFC AUM fell 19% QoQ to ₹270 Cr.
Q2 FY27 consolidated total income ₹134.07 Cr (vs ₹34.10 Cr) and PAT ₹4.05 Cr. H1 pre-sales ₹955 Cr (+69% YoY), H1 EBITDA ₹44.6 Cr.
Religare H1 FY27 consolidated total income Rs4,717 Cr (+19% YoY); PAT loss Rs145 Cr vs Rs54 Cr profit last year. Care GWP growth drives insurance; Finvest lending restarted 6 Nov 2026.
Record Q2 FY27 revenue of ₹2,280 Cr (+43% YoY) and PAT of ₹46.2 Cr (+57%), but EBITDA margin of 3.39% remains below the 3.5% steady-state. Management attributes the margin shortfall to marketing spend and new-market entry.
H1FY27 revenue ₹2,042Mn (+24.0%) and adjusted PAT ₹70.9Mn (+36.7%). Q2 EBITDA margin compressed to 7.8% from 10.5%.
H1 FY27 consolidated total income ₹107.19 cr (+87%), EBITDA ₹13.00 cr (+100%), PAT ₹6.02 cr (+160%). Asset-light, franchise-led model across 32 hotels.
Q2 FY27 revenue ₹118.6 Cr (+10% QoQ), continuing-business PAT ₹9.5 Cr (+5% QoQ), EBITDA ₹8.1 Cr (-5% QoQ). Zero debt. RBI in-principle PA-P authorization received; merger pending NCLT.
Q2 FY27 total income INR 1,006 Mn (+26% YoY), EBITDA INR 363 Mn (36.7% margin), PAT INR 149.5 Mn (+69%). H1 PAT INR 278 Mn (+54%). Growth driven by network expansion and maturing centres.
Q2FY27 standalone revenue ₹1,101mn (+7.5% YoY), EBITDA ₹84mn (7.6% margin, -46.3% YoY), PAT ₹39mn (-60.2% YoY). Price revisions secured with all customers.
Q2 FY27 consolidated revenue ₹57.8 Cr (+3.7% YoY); PAT ₹13.1 Cr (-9% YoY). H1 PAT ₹8.2 Cr (-67%). Management attributes weak profitability to upfront Private Wealth investment.
Q2FY27 consolidated revenue ₹4,589Mn (+41.9% YoY), EBITDA ₹1,182Mn (+34.4%), PAT ₹808Mn (+51.8%). H1FY27 PAT up 59.2%. Strategy centres on capacity expansion, refining integration and CBE/specialty fats premiumisation.
NMDC reported solid Q2 performance with revenue up 6% YoY and record production. Operational efficiency remains high with a 37% EBITDA margin despite seasonal shifts.
Q2FY27 revenue ₹978cr, EBITDA ₹86cr (9% margin), PAT ₹52cr (5%). H1 revenue ₹1,968cr, up 36% YoY; FY27E guide ~₹3,800cr; net debt-free.
Q2 FY27 operating income ₹5,393 Mn (+14.3% YoY), PAT ₹358 Mn (+1.7%), operating EBITDA margin 11.2% (-155 bps). Cotton costs compressed gross margin to 31.8%; newer channels grew strongly.
Q2 FY27 consolidated revenue ₹498.9 Cr (+30.1%); H1 ₹960.6 Cr (+31.6%). H1 normalised EBITDA ₹105.4 Cr (+31.4%), margin 10.7%. Growth led by store expansion and same-store sales.
H1 FY27 revenue ₹89.68 Cr (+35% HoH), EBITDA margin 4.24%, attributable PAT ₹1.93 Cr. Strategy: five new offices, subsidiaries, ₹50 Cr+ forward bookings.
Q2FY27 system-wide sales ₹8,654Mn (+18.8%), consolidated sales ₹4,253Mn (+19.5%), PAT ₹1,473Mn (+50.5%, includes ₹468Mn write-back); debt-free.
Q2 FY27 consolidated total income INR 9,322 Mn (+20.5% YoY), normalized EBITDA INR 1,800 Mn (+30.2%), margin 19.31% (+143 bps). Reported PAT INR 1,643 Mn (+82.4%) includes INR 500 Mn exceptional gain from ACE-KATO slump sale.
Weak Q2 FY27: H1 combined ratio 124.2% (122.7% ex-NatCat), PAT about ₹78 Cr. Premium growth of 7.1% trails industry at 8.9%, and October growth slowed to about 4%.
H1 FY27 consolidated income Rs172.4cr (+10%), PBT Rs8.5cr (+26%), PAT Rs4.6cr (+34%). Q2 income Rs86.6cr (+13%). Strategy centres on margin expansion from a ~15.5% FY26 EBITDA base.
H1FY27 standalone revenue Rs 16,387 Mn (+33% YoY); EBITDA Rs 887 Mn (-10%); PAT Rs 564 Mn (-11%). Q2 EBITDA fell 40% and PAT 43%.
Q2FY27 revenue Rs11,884 Cr (+6.2% YoY), EBITDA Rs4,981 Cr at 41.9% margin, PAT loss Rs5,975 Cr. Strategy: 17-5-5 network rollout and ARPU-led growth.
Q2FY27 proforma revenue Rs19,457Mn (+17.4% YoY), EBITDA Rs862Mn (+45.7%), reported PAT Rs185Mn. Festive-season inventory build and strong after-sales growth support H2 outlook.
Q2FY27 revenue ₹99.73 cr (+20.54% YoY), EBITDA ₹29.73 cr (29.81% margin), PAT ₹21.33 cr (+35.79%). FY27 revenue guidance reset to at least ₹450 cr from ₹500 cr.
H1 FY27 revenue up at least 9.4% YoY, but no profit or margin figures were disclosed. Management is upbeat on the France turnaround and ball-plant ramp, with little quantification.
Q2 FY27 revenue ₹1,433Mn (+2.9% YoY), EBITDA ₹152Mn (+53.5%), margin 10.61% (+350bps), PAT ₹77Mn (+108%). H1 revenue fell 3.4%; margins recovered on costs and realisation.