Kabra Extrusiontechnik Limited submitted its unaudited financial results for Q2 and H1 FY27 ended September 30, 2026 under SEBI Listing Regulations Regulation 30.

Financial Performance Q2 FY27 (Quarter Ended September 30, 2026)

  • Revenue: ₹2,210 million, up 64.2% YoY from ₹1,346 million in Q2 FY26 and up 77.5% QoQ from ₹1,245 million in Q1 FY27
  • EBITDA: ₹194 million, up 116.0% YoY from ₹90 million, with margin expansion of 210 bps to 8.8%
  • PAT: ₹39 million, up 1,084.8% YoY from ₹3 million, with PAT margin of 1.8% (153 bps expansion)
  • Revenue breakdown: Geon division contributed ₹1,659 million (75% of total), Extrusion Machinery contributed ₹550 million

Financial Performance H1 FY27 (Half Year Ended September 30, 2026)

  • Revenue: ₹3,455 million, up 56.6% YoY from ₹2,206 million, representing 77% of full-year FY26 revenue
  • EBITDA: ₹256 million, up 326.2% YoY from ₹60 million, with margin expansion of 468 bps to 7.4%
  • PAT: ₹22 million profit compared to loss of ₹73 million in H1 FY26, with PAT margin of 0.6% (390 bps improvement)
  • Revenue breakdown: Geon contributed ₹2,361 million (68% of total vs 34% in H1 FY26), Extrusion Machinery contributed ₹1,094 million

Business Updates and Strategic Developments

Electric Mobility Segment
  • Received Letter of Intent from top three Indian two-wheeler manufacturer for development and supply of two battery programmes, including establishment of dedicated plant in South India
  • Secured Letter of Nomination from top passenger vehicle manufacturer in Vietnam for development and supply of battery packs
  • Entered high-voltage battery packs segment for passenger cars with cell-to-pack technology
Energy Storage Systems (ESS)
  • Commissioned 10 MW/20 MWh BESS at Phalodi, Rajasthan for Rajasthan Rajya Vidyut Prasaran Nigam Limited
  • Commissioned second 10 MW/20 MWh BESS at Jaisalmer, Rajasthan on EPC basis under Rajasthan Integrated Clean Energy Policy, 2024
  • Total commissioned capacity: 20 MW/40 MWh across two Rajasthan projects
  • Served as nodal agency for Phase 1 (2.88 GWh) of Khavda Renewable Energy Hub, Gujarat, completed in June 2026 within five months
  • Client initiated Phase 2 of 7.5 GWh following successful Phase 1 delivery
International & Corporate Development
  • Incorporated Geon International FZ-LLC on October 5, 2026 in Ras Al Khaimah Economic Zone (RAKEZ), UAE
  • Subsidiary established as 100% wholly owned with initial subscribed share capital of AED 3.9 million
  • Entity will act as intermediary holding company for international business and hold proposed Vietnam subsidiary
  • Completed preferential issue of ₹1,410 million to strengthen balance sheet and fund growth

Management Commentary

Managing Director Anand Kabra stated that Q2 FY27 represents a "step-change in the Company's financial profile" with Geon becoming the principal growth engine. He highlighted the operating leverage benefits from scale and the widening strategic canvas across electric two-wheelers, passenger vehicles, international EV programmes and grid-scale energy storage.

Company Background

Geon (formerly Battrixx) is India's largest technology-agnostic battery pack manufacturer, designing and manufacturing lithium-ion battery packs for electric vehicles and energy storage systems from facilities in Chakan, Pune. Kabra Extrusiontechnik is part of Kolsite Group with over six decades of experience and 15,000+ installations across 100+ countries.