SPR Auto Technologies announced its Q2 and H1 FY27 financial results, showcasing robust performance. Consolidated Total Income surged by 61% YoY in Q2FY27 and 56% YoY in H1FY27. The company is actively expanding into new areas like High-Precision Plastics and EV Motors & Controllers, alongside strengthening its existing multi-product sales mix. This diversification strategy aims to create a future-ready platform and de-risk its business model.
SPR Auto Technologies Reports Strong Q2 FY27 Performance
SPR Auto Technologies Limited has released its investor presentation detailing strong financial performance for the second quarter and first half of FY27. The company reported a significant increase in its consolidated total income, which grew by 61% year-on-year (YoY) in Q2 FY27 and by 56% YoY in H1 FY27. This growth was achieved despite prevailing macroeconomic challenges.
Diversification and Strategic Initiatives
The presentation, titled “Q2 & H1 FY27 Performance Highlights,” also outlined the company’s strategic initiatives. SPR Auto Technologies is actively investing in new growth areas, including High-Precision Plastics, EV Motors & Controllers, and Interiors Solutions & Lighting, to diversify its business model. The company has successfully transitioned from a legacy product focus to a multi-product franchise, with over 35% of revenue now derived from powertrain-agnostic products.
Furthermore, SPR Auto Technologies is focused on building capacity ahead of demand through investments in Capacity, Automation, and Digitization. The company is also integrating newly acquired businesses and working on cross-synergies across its group to improve efficiencies and create long-term value. The recent name change to SPR Auto Technologies Limited reflects this transformation and its focus on technology-led businesses.
Financial Highlights (Q2 & H1 FY27)
Key financial metrics presented include:
- Consolidated Total Income: Up 61% YoY in Q2FY27 and 56% YoY in H1FY27.
- EBITDA: Rose 28% YoY in H1FY27.
- PAT Margin: Recorded at 9.8% in H1FY27 and 9.7% in Q2FY27.
The company also highlighted its successful completion of a Rs. 10,000 Million QIP (Qualified Institutional Placement), which saw significant domestic and overseas institutional participation. SPR Auto Technologies is committed to efficiency and operational excellence, evidenced by improving EBITDA margins over the past few fiscal years.
Source: BSE