
Poojaa Precision H1 FY27: PAT +88% YoY to ₹24.9 Cr, margins expand on 68% revenue growth
Poojaa Precision Engg. reported standalone revenue of ₹210.09 Cr for H1 FY27 (half year ended September 30, 2026), up 68.2% YoY from ₹124.89 Cr, with net profit of ₹24.93 Cr, up 87.6% YoY from ₹13.29 Cr — growth that is fully organic, since neither period carries any exceptional item. Net profit margin expanded to 11.87% from 10.64% a year ago (+123 bps), and PBT margin rose to 16.11% from 14.63%, so the expansion came through at the operating level rather than from a tax or one-off benefit. Sequentially (vs. the balancing H2 FY26 half), revenue grew 24.3% and PAT 23.6% — a continuation of the YoY trend rather than a standalone spike; note the company's SME-platform listing exempts it from discrete quarterly disclosure, so this filing is a half-year statement, not an isolated Q2 print, and QoQ framing here is only indicative. There is no analyst/street coverage on record for this SME-listed stock, and a web search for a Q2/H1 FY27 preview turned up no consensus estimates — vsStreet is unknown. Management has issued no formal guidance or outlook in our records or in this filing, so the print cannot be benchmarked against a prior target; no press release was available for this filing either, so there is no management framing to reconcile against the numbers beyond the statement itself. This is the company's first half-year result since its ₹159.83 Cr BSE SME IPO, which listed August 4, 2026; as of September 30, 2026 it had utilised ₹94.07 Cr (59%) of the proceeds — largely toward the new manufacturing facility at Khed, Pune (₹40.62 Cr of ₹106.34 Cr budgeted) — with no deviation from the stated objects per the monitoring-agency review. A captive solar project also commenced operations on September 16, 2026, a late-half addition whose cost impact will only show up from H2 FY27 onward. The IPO proceeds have funded the capex pipeline without added debt: long-term borrowings fell to ₹16.85 Cr from ₹19.43 Cr, while reserves jumped to ₹280.82 Cr from ₹118.53 Cr.
Key Highlights
- Standalone PAT ₹24.93 Cr for H1 FY27, +87.6% YoY (H1 FY26: ₹13.29 Cr); revenue ₹210.09 Cr, +68.2% YoY (₹124.89 Cr)
- NPM expanded to 11.87% from 10.64% YoY (+123 bps); PBT margin 16.11% vs 14.63% YoY — expansion is operating-level, not tax-driven
- Sequential vs H2 FY26 (balancing figure): revenue +24.3%, PAT +23.6% to ₹24.93 Cr from ₹20.17 Cr — in line with the YoY trend, not a standalone jump
- First result since IPO: raised ₹159.83 Cr via BSE SME platform (listed Aug 4, 2026); ₹94.07 Cr (59%) of proceeds utilised as of Sep 30, 2026, no deviation from stated objects
- Capacity build-out underway: ₹40.62 Cr of ₹106.34 Cr budgeted spent on the new Khed, Pune manufacturing facility; captive solar project commenced operations Sep 16, 2026
- No exceptional items in either period — all growth is organic/underlying
- EPS (basic, not annualised) ₹16.43 for H1 FY27 vs ₹9.70 in H1 FY26; long-term debt down to ₹16.85 Cr from ₹19.43 Cr on IPO-funded deleveraging
Price Impact
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