Caliber Mining and Logistics Limited announced robust financial results for the half-year ended September 30, 2026 (H1 FY27). Revenue from operations surged by 89.13% YoY to ₹1,176.50 Crore. EBITDA also saw a substantial increase of 48.69% YoY, reaching ₹183.57 Crore. The company maintained its FY27 guidance, citing a strong order book of ₹8,633.94 Crore.
Caliber Mining and Logistics Reports Strong H1 FY27 Performance
Caliber Mining and Logistics Limited, a key player in mining and logistics services, today announced its unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026 (Q2 & H1 FY27). The company has demonstrated significant growth, driven by increased volumes and strategic contract wins.
Key Financial Highlights for H1 FY27
For the first half of FY27, Caliber Mining reported a consolidated revenue from operations of ₹1,176.50 Crore, marking an impressive 89.13% year-over-year (YoY) growth. Consolidated EBITDA for the same period increased by 48.69% YoY to ₹183.57 Crore. The normalized EBITDA margin stood at 18.50%.
Consolidated Cash Profit (PAT + Depreciation & Amortisation + Impairment Loss – Lease Rentals) grew by 59.30% YoY to ₹100.83 Crore. The company also saw a notable improvement in its net debt to equity ratio, which stands at 0.95x as of September 30, 2026, down from 1.48x on March 31, 2026. Net worth increased by 77% to ₹1,148.42 Crore.
Operational Achievements and Order Book
The company achieved its highest half-yearly YoY volume growth in H1 FY27, with overburden removal up 72% and coal extraction up 41%. The order book as of September 30, 2026, stood at a robust ₹8,633.94 Crore (including GST). In H1 FY27 alone, the company added ₹4,045 Crore of new orders and executed ₹1,079 Crore.
Growth capex of ₹584.88 Crore was invested in H1 FY27 to mobilize new contracts and meet strong customer demand amidst a coal supply crunch.
FY27 Guidance Reaffirmed
Caliber Mining and Logistics Limited reaffirms its FY27 guidance, expecting revenue growth of 45-50% YoY, EBITDA growth of 35%+ YoY, and PAT growth of 35%+ YoY. Management expressed confidence in delivering on these targets, supported by a strong order book and the seasonally stronger second half of the financial year.
Quarterly Performance Snapshot
In Q2 FY27, revenue from operations more than doubled YoY to ₹519.45 Crore. EBITDA for the quarter grew by 163.48% YoY to ₹73.20 Crore. Despite the monsoon quarter typically seeing lower mining volumes, the Q2 net loss narrowed to ₹7.51 Crore from ₹14.23 Crore in Q2 FY26. Q2 FY27 cash profit was 4.7 times that of Q2 FY26.
Credit Rating Upgrade
In August 2026, CRISIL Ratings upgraded the company’s long-term rating to Crisil A- / Positive from Crisil BBB+ / Stable, and its short-term rating to Crisil A2+ from Crisil A2.
Source: BSE