Karamtara Engineering Limited has released its investor presentation for the quarter and half-year ended September 30, 2026. The presentation details key performance metrics including revenue, EBITDA, and PAT for Q2 FY27 and H1 FY27, showcasing year-on-year growth. It also outlines the company’s product portfolio, manufacturing capabilities, and competitive strengths, along with updates on its proposed wholly-owned subsidiary, Karamtara Defence & Aerospace Limited.
Karamtara Engineering Investor Presentation Released
Karamtara Engineering Limited has submitted its investor presentation for the quarter and half-year ended September 30, 2026. This presentation follows the company’s earnings conference call scheduled for November 6, 2026.
Financial Performance Highlights
Q2 FY27 (Consolidated)
For the second quarter of FY27, Karamtara Engineering reported a Revenue from Operations of Rs 16,467 Mn, marking a significant 62% YoY increase. EBITDA stood at Rs 1,962 Mn (46% YoY growth) with an EBITDA Margin of 11.9%. Profit After Tax (PAT) was Rs 946 Mn, up 37% YoY, with a PAT Margin of 5.7%.
H1 FY27 (Consolidated)
In the first half of FY27, the company achieved Revenue from Operations of Rs 32,277 Mn, a 67% YoY increase. EBITDA reached Rs 3,700 Mn (46% YoY growth) with an EBITDA Margin of 11.5%. PAT was recorded at Rs 1,819 Mn, showing a 41% YoY increase, with a PAT Margin of 5.6%.
Revenue Split
The revenue split for Q2 FY27 shows Solar energy products contributing 71%, followed by Transmission Lattice towers at 21%, Wind Towers at 5%, Fasteners at 1%, and Conductor & Insulator Fittings at 2%.
Consolidated Financials Overview
Balance Sheet (as of H1 FY27 vs FY26)
- Total Assets increased from Rs 41,422 Mn to Rs 54,192 Mn.
- Shareholders’ Funds grew from Rs 12,199 Mn to Rs 20,890 Mn.
- Total Debt was Rs 10,041 Mn in H1 FY27, compared to Rs 10,301 Mn in FY26.
Cash Flow (H1 FY27 vs H1 FY26)
- Net Cash from Operating Activities decreased from Rs 2,927 Mn to Rs 1,140 Mn.
- Net Cash from Investing Activities saw an outflow of Rs 5,236 Mn (compared to Rs 3,785 Mn outflow).
- Net Cash from Financing Activities increased significantly from Rs 1,258 Mn to Rs 6,142 Mn.
- Cash and Cash Equivalents at the End of the Period rose to Rs 2,794 Mn from Rs 708 Mn.
Company Overview & Strengths
Karamtara was incorporated in 1996 and operates 13 manufacturing facilities, serving over 50 countries. The company’s product portfolio includes solar products (mounting structures, tracker piles, torque tubes, wind towers) and non-renewables (transmission line towers, structural steel profiles, fasteners, conductor & insulator fittings).
Key competitive strengths highlighted include being the largest integrated manufacturer in India for solar mounting structures and tracker components, a diverse product offering, an extensive global footprint, and a consistent track record of financial performance. The company also emphasizes its strategic network of manufacturing facilities and its backward integration with in-house rolling mills and galvanizing capacity.
Proposed Subsidiary
Karamtara is proposing to establish a new wholly-owned subsidiary, Karamtara Defence & Aerospace Limited, to explore opportunities in the defence and aerospace sectors. The business objective includes evaluating manufacturing, engineering, and R&D activities. The strategic rationale points to potential alignment with Karamtara’s existing engineering and manufacturing capabilities. The current status indicates product selection and capital expenditure plans are under evaluation.
Consistent Financial Track Record
The presentation showcases a consistent financial performance track record with CAGR of 33.34% for Revenue from Operations, 37.64% for EBITDA, and 49.28% for PAT over FY24-FY26. Other metrics like RoE & RoCE, Net Working Capital Days, and Net Debt to EBITDA also demonstrate stable performance.
Source: BSE
