Quarterly Result14 November 2025 at 12:02 am
Storage Technologies and Automation Ltd: Mixed H1 FY26 Performance, Revenue Grows 7.9% YoY, Profitability Impacted
AI Summary
Storage Technologies and Automation Ltd (STAL) reported a mixed performance for the first half of the financial year 2026 (H1 FY26). While revenues grew by 7.9% YoY to ₹470.53 million, profitability was significantly impacted due to delayed project execution, prolonged deployment of manpower and equipment, and an unusually high cost base. The company expects a material improvement in performance in H2 FY26 as execution accelerates.
Key Highlights
- Revenue from Operations for H1 FY26 stood at ₹470.53 Mn, an increase of 7.9% YoY
- Gross Profit rose 11.8% YoY to ₹137.01 Mn, with gross margins improving to 29.1%
- EBITDA dropped to ₹3.25 Mn, compared to ₹40.36 Mn in H1 FY25
- EBITDA margin stood at 0.7 %, versus 9.3% last year
- The Company expects a meaningful recovery in profitability in H2 as delayed billing milestones are completed and temporary cost pressures subside