GMM Pfaudler Limited announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a consolidated revenue of ₹1,065 crore for Q2 FY27, a 15% increase quarter-on-quarter and an 18% increase year-on-year. Profit After Tax (PAT) saw a significant jump of 59% quarter-on-quarter to ₹35 crore, though it decreased by 7% year-on-year.
GMM Pfaudler Announces Strong Q2 FY27 Performance
GMM Pfaudler Limited has released its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company showcased robust growth, particularly in its quarterly performance.
Consolidated Financial Highlights – Q2 FY27
For the second quarter of Fiscal Year 2027 (Q2 FY27), GMM Pfaudler reported the following key financial figures:
- Revenue: ₹1,065 crore, up 15% QoQ and 18% YoY.
- EBITDA: ₹110 crore, with a margin of 10.3%. This represents an 18% increase QoQ and a 9% decrease YoY.
- Profit After Tax (PAT): ₹35 crore, marking a substantial 59% increase QoQ, but a 7% decrease YoY. The PAT margin stood at 3.3%.
- Order Intake: ₹1,198 crore, up 19% QoQ.
- Backlog: ₹2,446 crore, showing a 7% increase QoQ.
Consolidated Financial Highlights – H1 FY27
For the first half of Fiscal Year 2027 (H1 FY27), the performance highlights are:
- Revenue: ₹1,989 crore, up 17% YoY.
- EBITDA: ₹204 crore, with a margin of 10.2%, down 8% YoY.
- PAT: ₹57 crore, up 20% YoY. The PAT margin was 2.9%.
- Order Intake: ₹2,204 crore, up 17% YoY.
- Backlog: ₹2,446 crore, up 14% YoY.
Quarterly Performance Trends
The company provided a detailed look at its consolidated financial performance over several quarters:
- Revenue Trend: Q2 FY27 revenue reached ₹1,065 crore, continuing an upward trend from previous quarters.
- EBITDA Trend: EBITDA for Q2 FY27 was ₹110 crore, reflecting an improving trend with a margin of 10.3%.
- Profit After Tax (PAT) Trend: PAT in Q2 FY27 stood at ₹35 crore, showing a strong recovery from previous periods.
- Basic EPS Trend: Basic EPS for Q2 FY27 was ₹7.40.
Order Intake and Backlog Trends
The Order Intake and Backlog trends indicate sustained business momentum:
- Order Intake: Reached ₹1,198 crore in Q2 FY27, a 19% increase QoQ.
- Backlog: Stood at ₹2,446 crore as of Q2 FY27, up 7% QoQ.
Diversification Strategy
GMM Pfaudler’s diversification strategy continues to drive growth, with a focus on both traditional and non-traditional industries. The company highlighted strong performance in sectors such as Petrochemical, Defense, and Nuclear & Thermal Power.
Key Highlights
- Performance: Notable growth in Revenue, EBITDA, and PAT for Q2 FY27 and H1 FY27.
- Corporate: Repayment of approximately INR 116 crores of Net Debt in H1 FY27, and maintenance of a strong CRISIL rating.
Restructuring Europe for Profitable Growth
The company is actively undertaking major restructuring in its European operations to improve profitability. This includes consolidating manufacturing footprints and workforce optimization measures. The EBITDA margin, excluding loss-making European entities, shows a significant improvement.
Consolidated Balance Sheet and Working Capital
The balance sheet remains robust with shareholder equity at ₹1,296 crore. Key debt metrics show a Net Debt/Equity ratio of 0.2 times and Net Debt/EBITDA at 0.6 times. The company also successfully repaid ₹100 crores of Net Long-Term borrowings.
Outlook FY27
GMM Pfaudler has outlined its key priorities for FY27, including executing the record order backlog, margin improvement through cost efficiencies, and strengthening the balance sheet. The company has provided guidance for FY27 with double-digit revenue growth and an EBITDA margin of 10-11%.
FY28 is projected to deliver stronger growth, higher margins, and improved earnings.
Source: BSE
