Company Overview

Gala Precision Engineering is a manufacturer of precision components including Special Fastening Solutions (SFS), Disc & Strip Springs (DSS), and Coil & Spiral Springs (CSS) with over 800 SKUs. The company serves more than 175 customers across Renewable Energy, Industrials, and Mobility sectors, exporting to 25+ countries with export revenues contributing 36.2% in H1-FY27.

Financial Performance - Q2-FY27

  • Revenue from Operations: INR 937 Mn, +31.2% YoY
  • EBITDA: INR 157 Mn, +42.7% YoY
  • EBITDA Margin: 16.76%, +135 Bps YoY
  • PAT: INR 106 Mn, +26.2% YoY
  • PAT Margin: 11.31%, (45) Bps YoY
  • Diluted EPS: INR 8.07, +25.9% YoY

Financial Performance - H1-FY27

  • Revenue from Operations: INR 1,691 Mn, +25.7% YoY
  • EBITDA: INR 280 Mn, +34.6% YoY
  • EBITDA Margin: 16.56%, +110 Bps YoY
  • PAT: INR 187 Mn, +25.5% YoY
  • PAT Margin: 11.06%, (2) Bps YoY
  • Diluted EPS: INR 14.32, +25.2% YoY

Operational Highlights

  • Order booking increased 44% YoY in Q2-FY27, crossing INR 100 crore for the first time in a quarter
  • Received approval for Gallock from global customers for critical applications in railway safety, offshore wind and mining equipment
  • New product development across emerging technologies including offshore wind, electrolyzers and railway safety with estimated annual customer potential of INR 100 crore
  • Commissioned 1.8 MW DC solar project under open-access model with estimated annual cost savings of INR 1.3 crore
  • Secured bank financing of INR 58 crore comprising fund based and non fund based for working capital and term loan
  • Successfully implemented SAP HANA across all plants, going live on October 7, 2026

Funds Deployment Update

  • Total proceeds received in monitoring account: INR 1,212.4 Mn
  • Total utilized: INR 895.8 Mn
  • FD created in HDFC Bank: INR 200.0 Mn
  • FD created in Yes Bank: INR 114.9 Mn
  • Interest earned: INR 1.7 Mn

Breakdown of utilization:

  • Loan repayment: INR 454.3 Mn (fully utilized)
  • Chennai CAPEX: INR 319.4 Mn utilized out of INR 370.0 Mn allocated (INR 50.6 Mn balance)
  • Wada CAPEX: INR 110.7 Mn (fully utilized)
  • General Corporate Purposes: INR 11.4 Mn utilized out of INR 277.4 Mn allocated (INR 266.1 Mn balance)

Manufacturing Facilities

  • Wada Plant, Maharashtra: 28,800 Sq Mtrs land area
  • Vallam Plant, Tamil Nadu: 6,718 Sq Mtrs land area

Capacity utilization:

  • DSS facility: 85% utilization with installed capacity of 225,517,000 units
  • CSS facility: 70% utilization with installed capacity of 20,941,200 units
  • SFS facility: 75% utilization with installed capacity of 420,000 units

Historical Financial Trends

Revenue from Operations:

  • FY24: INR 2,025 Mn
  • FY25: INR 2,378 Mn
  • FY26: INR 3,143 Mn
  • H1-FY27: INR 1,691 Mn

PAT after Exceptional Item:

  • FY24: INR 223 Mn
  • FY25: INR 268 Mn
  • FY26: INR 355 Mn
  • H1-FY27: INR 187 Mn

Balance Sheet Position (H1-FY27)

  • Total Equity: INR 3,113 Mn
  • Total Liabilities: INR 763 Mn
  • Total Assets: INR 3,876 Mn
  • Property, Plant and Equipment: INR 929 Mn
  • Inventories: INR 945 Mn
  • Trade Receivables: INR 919 Mn