KSH International Limited has announced its financial results for the second quarter and first half of FY2027, reporting strong revenue growth and profit increases. The company’s board also approved a Phase 3 expansion for Specialized Magnet Winding Wires, aiming to boost total capacity to approximately 72,200 MTs by Q1 FY2029. This expansion, valued at up to ₹1,850 million, is a strategic move to meet growing global OEM demand.
KSH International Reports Robust Q2 FY27 Performance and Future Growth Plans
KSH International Limited today announced its financial results for the second quarter and first half of FY2027, highlighting strong execution and positive operating cash flow. The company reported significant year-on-year growth in revenue and profit, driven by increased sales volumes, a favorable product mix, and export surge.
Key Financial Highlights for Q2 and H1 FY27
- Revenue from Operations surged by 85.31% year-on-year to ₹13,196.54 million in Q2 FY27. For H1 FY27, revenue increased by 95.45% to ₹24,838.89 million.
- EBITDA saw a substantial rise of 94.57% in Q2 FY27, reaching ₹897.09 million. H1 FY27 EBITDA grew by 89.93% to ₹1,640.82 million.
- Profit After Tax (PAT) increased by 62.05% in Q2 FY27 to ₹479.53 million, and by 72.51% in H1 FY27 to ₹901.73 million.
- Sales Volume grew by 25.65% in Q2 FY27 to 8,842 MTs. H1 FY27 volumes were up 27.83% to 16,812 MTs.
Strategic Capacity Expansion Approved
The Board of Directors has approved a new Phase 3 expansion for Specialized Magnet Winding Wires. This initiative is set to increase the company’s total capacity to approximately 72,200 MTs by Q1 FY2029. The investment, estimated at up to ₹1,850 million, includes land acquisition and facility development. This expansion aims to ensure supply continuity for global OEM customers as the business scales.
Operational Performance and Recent Developments
In Q2 FY27, KSH International achieved an installed capacity of 57,845 MTs, completing its Phase 2 expansion ahead of schedule. Utilization at the company level improved to 76% from 73% in Q1 FY27. Specialized wire revenue grew by 87% in Q2 FY27, with export revenue surging 108% year-on-year, contributing 32% to the total revenue. Standard wire revenue also saw a significant increase of 119%. The company also secured a new trial export order for HVDC transformers and received approval for specialized wires for 765kV transformers.
Financial Health and Cash Flow
KSH International demonstrated improved working capital efficiency, resulting in positive operating cash flow of ₹426 million in H1 FY27. Total debt declined from ₹4,810 million in Q1 FY27 to ₹3,413 million in Q2 FY27. The debt-to-equity ratio improved to 0.38x from 0.57x.
Source: BSE
