Steamhouse India Limited announced its financial results for the second quarter and first half of FY27 on October 30, 2026. Revenue for Q2 FY27 reached INR128 crores, a 2.4% year-on-year increase. EBITDA saw a substantial jump of 73.38% to INR24.68 crores, with a PAT growth of 167.14% to INR7.77 crores. The company also provided updates on its expansion projects and outlook.
Steamhouse India Q2 FY27 Earnings Call Transcript Highlights
Financial Performance for Q2 FY27
Steamhouse India Limited reported its financial performance for the quarter and half year ended September 30, 2026. In the second quarter of FY27, the company’s revenue from operations stood at INR128 crores, showing a year-on-year growth of 2.4% compared to INR124.94 crores in Q2 FY26. Revenue from steam generation and distribution was INR96.97 crores, with steam distribution contributing INR25.56 crores. Other activities accounted for the balance.
EBITDA for the quarter increased significantly by 73.38% to INR24.68 crores, up from INR14.24 crores in Q2 FY26. The EBITDA margin improved to 19.28% from 11.39% year-on-year. Profit After Tax (PAT) for Q2 FY27 stood at INR7.77 crores, a substantial increase of 167.14% compared to INR2.91 crores in the corresponding period last year, with PAT margin improving to 6.07%.
First Half FY27 Performance
For the first half of FY27, revenue from operations increased to INR256.62 crores from INR238.42 crores in H1 FY26, a growth of 7.63%. EBITDA for the half-year rose to INR55.62 crores from INR33.56 crores in the previous year, marking a 65.72% increase. The EBITDA margin expanded to 21.67% from 14.08%. Profit After Tax for H1 FY27 grew by 99.56% to INR26.11 crores compared to INR13.09 crores in H1 FY26, with PAT margin improving to 10.18%.
Operational Highlights and Expansion
The company highlighted year-on-year growth in steam volumes during Q2, with steam volumes growing by 14.35% for the first half of FY27. Capacity utilization in Q2 FY27 was 42.41%, an improvement from 35.28% in Q2 FY26. The company is progressing with its expansion projects at Jhagadia, Nandesari, and Vapi. A new community boiler facility in Una, Himachal Pradesh, involving an EPC mandate of approximately INR311 crores, was also detailed. Steamhouse is exploring opportunities in industrial gases as a complementary growth avenue.
Outlook and Priorities
For the remainder of FY27, Steamhouse’s priorities include increasing utilization across its existing network, maintaining operating efficiency, executing expansion projects, and strengthening its balance sheet. The company expressed confidence in converting growth opportunities into sustainable financial performance and creating long-term shareholder value.
Source: BSE
