Storage Technologies and Automation Limited announced its financial results for the half-year ended September 30, 2026. The company achieved a profit of ₹16.0 Mn in H1 FY27, marking a substantial turnaround from a loss of ₹15.5 Mn in the same period last year. Revenue from operations grew by 22.4% YoY to ₹575.7 Mn, demonstrating a positive recovery and growth trajectory.
Storage Technologies and Automation Limited Announces H1 FY27 Results
Storage Technologies and Automation Limited has released its financial results for the first half of the fiscal year 2027 (H1 FY27), ending on September 30, 2026. The company has reported a significant turnaround, achieving a profit after tax (PAT) of ₹16.0 Mn for the period. This marks a substantial improvement compared to a loss of ₹15.5 Mn recorded in the corresponding half of the previous fiscal year (H1 FY26).
Revenue Growth and Operational Performance
The company’s revenue from operations for H1 FY27 stood at ₹575.7 Mn, reflecting a healthy year-on-year growth of 22.4%. This revenue increase is a key factor contributing to the positive financial performance. EBITDA for the period was reported at ₹35.2 Mn, with an EBITDA margin of 6.1%, a significant improvement from 1.0% in H1 FY26. The company highlighted that its revenue has reached its highest point in the five halves shown, recovering from a dip in H2 FY26.
Cost Structure and Key Metrics
The cost structure analysis for H1 FY27 indicates a rise in the cost of materials, with a 35.3% increase to ₹406.2 Mn, attributed to geopolitical situations affecting raw material prices. Despite this, direct expenses grew by only 6.9%, and employee costs decreased by 30.6% compared to H1 FY26. Other expenses also saw a reduction of 26.3%.
Key financial metrics for H1 FY27 include an Earnings Per Share (EPS) of ₹1.25, up from ₹(1.21) in H1 FY26. The Debt/Equity ratio was 1.12x as of September 30, 2026, compared to 0.37x as of March 31, 2026. Return on Equity (ROE) annualized was 12.5%.
Balance Sheet and Cash Flow Highlights
The standalone balance sheet as of September 30, 2026, shows total equity and liabilities of ₹836.8 Mn and total assets of ₹836.8 Mn. Trade receivables stood at ₹401.1 Mn, and inventories at ₹195.5 Mn. For the cash flow in H1 FY27, the operating cash flow was ₹8.0 Mn, with capex being partly funded by a machinery sale and leaseback.
Outlook and Guidance
The company’s H1 FY27 performance is stated to be in line with the guidance provided in May 2026. The revenue growth of +22.4% YoY for H1 FY27 met the guidance of growing over 20% for FY27. The EBITDA margin in H1 FY27 was 5.7%, aligning with the guidance for a positive EBITDA margin. The order book stood at ₹506 Mn as of November 10, 2026, showing a 45% increase. The company projects an FY27 revenue of ₹1,100 Mn (₹110 crore) and an EBITDA margin in the range of 5-8% for the full year.
Shareholding Pattern
As of September 30, 2026, promoters held 70.36% of the company’s shares, while public shareholders held 25.73%, FIIs held 3.75%, and DIIs held 0.16%. The shareholding pattern remained largely unchanged from March 31, 2026, with no promoter shares pledged.
Source: BSE
