Standalone Performance (H1 FY27 vs H1 FY26)

  • Net Revenue from Operations: Increased 14% YoY to ₹4,907.49 Lakhs (from ₹4,300.23 Lakhs).
  • EBITDA: Increased 49% YoY to ₹587.49 Lakhs (from ₹395.03 Lakhs). EBITDA margin expanded by ~310 bps to ~11.9% (from ~8.9%).
  • Profit Before Tax (PBT): Increased 175% YoY to ₹213.55 Lakhs (from ₹77.62 Lakhs).
  • Profit After Tax (PAT): Increased 187% YoY to ₹166.57 Lakhs (from ₹58.08 Lakhs).
  • Other Income: Was ₹10.12 Lakhs (compared to ₹157.79 Lakhs in H1 FY26). Excluding this, operating EBITDA rose 2.4x to ₹577 Lakhs.
  • Cost Management: Material cost as a percentage of revenue improved by ~380 bps to 60.1%. Employee cost remained flat at ₹767.17 Lakhs despite revenue growth.

Standalone Performance (Q2 FY27 vs Q1 FY27)

  • Net Revenue from Operations: Increased 342% QoQ to ₹4,001.76 Lakhs (from ₹905.73 Lakhs).
  • EBITDA: Turned from a loss of ₹(327.88) Lakhs in Q1 to a profit of ₹915.37 Lakhs in Q2, with a margin of ~22.9%.
  • Profit After Tax (PAT): Turned from a loss of ₹(480.13) Lakhs in Q1 to a profit of ₹646.70 Lakhs in Q2.

Consolidated Performance (H1 FY27 vs H1 FY26)

  • Net Revenue from Operations: Increased 12% YoY to ₹5,236.65 Lakhs (from ₹4,680.96 Lakhs).
  • EBITDA: Increased 44% YoY to ₹619.51 Lakhs (from ₹429.20 Lakhs). EBITDA margin expanded by ~285 bps to ~11.7% (from ~8.9%).
  • Profit Before Tax (PBT): Increased 99% YoY to ₹213.93 Lakhs (from ₹107.40 Lakhs).
  • Profit After Tax (PAT): Increased 90% YoY to ₹166.95 Lakhs (from ₹87.87 Lakhs).
  • Other Income: Was ₹52.11 Lakhs (compared to ₹162.20 Lakhs in H1 FY26). Excluding this, operating EBITDA rose 2.1x to ₹567 Lakhs.
  • Cost Management: Material cost as a percentage of revenue improved by ~580 bps to 58.4%. Employee cost increased to ₹938.52 Lakhs (from ₹767.69 Lakhs), attributed to subsidiary-level scale-up.

Consolidated Performance (Q2 FY27 vs Q1 FY27)

  • Net Revenue from Operations: Increased 275% QoQ to ₹4,133.75 Lakhs (from ₹1,102.90 Lakhs).
  • EBITDA: Turned from a loss of ₹(327.89) Lakhs in Q1 to a profit of ₹947.40 Lakhs in Q2, with a margin of ~22.7%.
  • Profit After Tax (PAT): Turned from a loss of ₹(480.14) Lakhs in Q1 to a profit of ₹647.10 Lakhs in Q2.

Management Commentary

Milind Padole, Managing Director, stated that Q2 FY27 was a strong quarter with a decisive recovery from a soft Q1. He highlighted the growth from core operations, better material costs, a flat employee base, and disciplined execution. He expressed confidence in sustaining momentum in H2 FY27, citing a healthy order book in industrial automation and growing global traction for the Humro brand.

Key Business Updates

  • Launched two parking mobile robots (2M & 2M slim) under the new brand "Relipark".
  • Secured first mobile parking order worth ₹19 Crore.
  • Exploring opportunities to revamp airport parking in the UK with its technology.
  • Plans to install 50 AI agents across departments by March 2027 to increase productivity.
  • RaaS subsidiary (Humro) secured its first single biggest order of ₹51.8 Crore for 103 robots.
  • Humro received FCC approval in the US.
  • Plans to appoint dealers in 12 countries (India, Australia, New Zealand, Thailand, UK, Germany, France, Italy, Spain, Austria, Canada, Middle East) starting January 2027 to market warehouse automation robots.
  • Humro started working on next-generation Reinforcement learning robots, scheduled for launch in H2 2027.
  • Humro new look robots to be launched in H1 2027.

Company Background

Affordable Robotic & Automation Limited (ARAPL), founded in 2005 and headquartered in Pune, is India's first listed robotics company. It specializes in robotic welding, automated inspection, assembly automation, automated car parking systems, and Autonomous Mobile Robots (AMRs) for warehouse automation. It operates from facilities in Pune with service centres in Faridabad, Mumbai, San Francisco, North Carolina, and a technology office in Gurgaon.