Financial Performance Summary

Quarterly Financial Results (₹ million)

| Metric | Q2 FY27 | Q1 FY27 | Q2 FY26 | QoQ Growth |

| Revenue | 426.73 | 341.14 | 360.08 | +25% |

| EBITDA | 119.56 | 105.51 | 56.98 | +13% |

| EBITDA Margin | 28.02% | 30.93% | 15.82% | -290 bps |

| Profit After Tax | 85.47 | 74.89 | 49.74 | +14% |

Key Performance Highlights

  • Revenue grew 25% quarter-on-quarter to ₹426.73 million from ₹341.14 million in Q1 FY27
  • EBITDA increased 13% quarter-on-quarter to ₹119.56 million from ₹105.51 million in Q1 FY27
  • EBITDA margin stood at 28.02%, representing a 290 basis points contraction from 30.93% in Q1 FY27
  • Profit after tax rose 14% quarter-on-quarter to ₹85.47 million from ₹74.89 million in Q1 FY27

Operational Milestones & Growth Strategy

Customer Expansion and Diversification

  • Added 13 new customers during Q2 FY27
  • Successfully entered into industrial shaft and defence segments
  • Expansion diversifies business across end-user industries and broadens addressable market

Capacity Expansion Progress

  • Machinery worth ₹50 million has been purchased and commissioned
  • Orders worth ₹300 million have been placed for additional equipment
  • Additional machining capacity scheduled to become operational from Q4 FY27
  • Forging capacity expected to be operational by Q1 FY28
  • Full ramp-up targeted by Q4 FY28
  • Expanded capacity could support peak annual revenue of ₹2,500 million upon full ramp-up

Management Commentary

Mr. Saurabh Sangla, Chairman & Managing Director, commented on the performance:

"Our Q2 FY27 performance reflects strong growth in revenue and profitability. Revenue increased 25% quarter-on-quarter to ₹426.73 million, while EBITDA grew 13% quarter-on-quarter to ₹119.56 million, with a margin of 28.0%. Profit after tax increased 14% quarter-on-quarter to ₹85.47 million.

We added 13 new customers during Q2 FY27. Our entry into the industrial shaft and defence segments broadens our addressable market, opens opportunities to serve new customers and strengthens business diversification.

Our IPO-funded capacity expansion remains on track. Machinery worth ₹50 million has already been purchased and commissioned, and orders worth ₹300 million have been placed. We are on schedule to operationalise the additional machining capacity from Q4 FY27 and forging capacity by Q1 FY28.

We are targeting full ramp-up by Q4 FY28, following which the expanded capacity could support peak annual revenue of ₹2,500 million. Our focus remains on timely execution, customer acquisition and building a strong foundation for sustained, profitable growth."

Company Background

Adroit Industries (India) Limited is an engineering and automotive components manufacturer specialising in precision-engineered propeller shafts and driveline assemblies for:

  • Commercial vehicles
  • Defence mobility systems
  • Industrial machinery
  • Off-highway equipment

The company is headquartered in Pithampur, Madhya Pradesh, and caters to prominent domestic automotive manufacturers while exporting to global aftermarket and OEM distribution networks.