ALFA Finder| Management target | Revenue 60.0% |
|---|
| Revenue growth | Q2 +72.6% YoY, +29.6% QoQ; H1 +84.4% YoY. |
|---|---|
| Margins | Q2 gross margin 22.5% (+30bp YoY); H1 down 132bp to 21.2%. |
| Order book | 3-4 months orders in hand; substantial B2G bids, results due in ~month. |
| Demand visibility | Q2 sluggish on rains and metal spikes; H2 recovery hoped, not quantified. |
| Management confidence | Over-optimistic: 40% next-year growth called 'conservative'; hedged on margins. |
Growth
Q2 revenue +72.6% YoY, +29.6% QoQ. B2C dealer sales fell 19% YoY in Q2.
Outlook
FY27 capacity 3.8 lakh km; ₹400 Cr capex; EBITDA 11-12% FY27 guidance; gross margin 21-22%.
Risks
Inventory days 54→70; H1 operating cash outflow ₹45.7 Cr; debt up to ₹359 Cr; UltraVolt price pressure.
Earnings Call Transcript filed with NSE, NSE: VMARCIND. Summary written with AI assistance from the document.
V-Marc India Ltd: key numbers
- Share price
- ₹303.95
- Market cap
- ₹4,454 Cr
- Revenue (annual)
- ₹1,797 Cr
- Net profit (annual)
- ₹100.0 Cr
- P/E (TTM)
- 44.5×Sector 42.6×
- Promoter holding
- 64.87%+0.00% QoQ
- FII holding
- 0.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from V-Marc India Ltd
All →V-Marc India Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs 7,199 Mn (+72.6% YoY), EBITDA Rs 879 Mn (12.2% margin), PAT Rs 479 Mn (+79.7% YoY). FY27 revenue growth guidance raised to 60%+ from 40%+.
- Call
- Guides 60% growth
V-Marc India Q2 FY27 Results: Net Profit ₹47.9 Cr, Up 79.4% YoY
V-Marc India Ltd reported revenue from operations of ₹719.8 Cr (+72.6% YoY) and net profit of ₹47.9 Cr (+79.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹47.9 Cr · +79.4% YoY
V-Marc India Other Announcement
V-MARC India Limited has filed a compliance certificate for its Structured Digital Database as per PIT regulations for the quarter ended September 30, 2026.
V-Marc India Annual General Meeting
V-MARC India Limited held its 13th Annual General Meeting on September 25, 2026. Shareholders approved the company's migration from the NSE SME platform to the NSE Main Board.
V-Marc India Annual General Meeting
V-MARC India Limited will hold its 13th Annual General Meeting on September 25, 2026, to transact ordinary and special business, including director appointments and remuneration revisions.
V-Marc India Board Meeting Outcome
V-MARC India Limited's board approved increasing borrowing and asset charge limits to ₹1,000 Crore each. The board also recommended director appointments and remuneration revisions for shareholder approval.
- Value
- ₹1,000 Cr