Quarterly Financial Results (Q2 FY27 Consolidated)

Kotyark Industries Limited reported unaudited financial results for the quarter ended September 30, 2026, approved by the Board of Directors on October 28, 2026.

Financial Performance Q2 FY27 vs Q2 FY26:

  • Revenue from Operations: ₹61.27 Crore (vs ₹64.86 Crore), down 5.5% YoY
  • Total Income: ₹61.29 Crore (vs ₹64.91 Crore), down 5.6% YoY
  • EBITDA: ₹12.70 Crore (vs ₹8.43 Crore), up 50.7% YoY
  • EBITDA Margin: 20.72% of Total Income (vs 12.99%), expansion of 773 bps
  • Profit Before Tax: ₹8.36 Crore (vs ₹3.20 Crore), up 161.3% YoY
  • Profit After Tax: ₹6.24 Crore (vs ₹2.52 Crore), up 147.6% YoY
  • PAT Margin: 10.18% of Total Income (vs 3.88%), expansion of 630 bps
  • Basic EPS: ₹0.55 (vs ₹0.23), up 139.1% YoY
  • Total Expenses: ₹52.93 Crore (vs ₹61.71 Crore), down 14.2% YoY

Half-Yearly Financial Results (H1 FY27 Consolidated)

Financial Performance H1 FY27 vs H1 FY26:

  • Revenue from Operations: ₹153.25 Crore (vs ₹147.32 Crore), up 4.0% YoY
  • Total Income: ₹153.28 Crore (vs ₹147.40 Crore), up 4.0% YoY
  • EBITDA: ₹24.41 Crore (vs ₹18.75 Crore), up 30.2% YoY
  • EBITDA Margin: 15.93% of Total Income (vs 12.72%), expansion of 321 bps
  • Profit Before Tax: ₹15.83 Crore (vs ₹8.92 Crore), up 77.5% YoY
  • Profit After Tax: ₹10.70 Crore (vs ₹6.61 Crore), up 61.9% YoY
  • PAT Margin: 6.98% of Total Income (vs 4.48%), expansion of 250 bps
  • Basic EPS: ₹0.95 (vs ₹0.59), up 61.0% YoY

Management Commentary

Mr. Gaurang Rameshchandra Shah, Chairman cum Managing Director, provided the following insights:

Performance Drivers:

  • The consumption of raw materials procured earlier at comparatively lower prices supported profitability during Q2 FY27
  • Raw material prices have subsequently increased after the quarter

Growth Outlook:

  • Targeting revenue CAGR of 25-30% over the next three years
  • EBITDA margin aspiration of 18-22%
  • Growth expected to be supported by:
  • Higher biodiesel volumes
  • Improved plant utilisation
  • Operating efficiencies
  • Integrated sourcing advantages
  • Greater contribution from value added products

Industry Context:

  • India's growing focus on energy security and reducing dependence on imported fossil fuels presents long-term opportunity
  • Promoting alternative fuels benefits biodiesel industry
  • Industry growth depends on:
  • Demand from oil marketing companies
  • Feedstock availability and pricing
  • Policy developments
  • Prevailing market conditions

Business Overview

Company Profile:

  • Incorporated in 2016
  • Engaged in manufacturing of biodiesel and value-added byproducts
  • Evolved from biodiesel trading business into integrated manufacturing platform
  • Focus on renewable energy, sustainability and process efficiency

Manufacturing Capabilities:

  • Multi-feedstock manufacturing platform capable of processing approximately 10-15 different raw materials
  • Feedstocks include Used Cooking Oil (UCO), acid oils and non-edible oils
  • Selection based on availability, pricing and procurement economics
  • Manufacturing facilities located in Sirohi, Rajasthan and Anand, Gujarat

Customer Segments:

  • Oil Marketing Companies (OMCs) - for OMC blending
  • Bulk buyers
  • Industrial customers - for industrial fuel applications and other end uses
  • Uses waste-based feedstocks supporting renewable energy positioning

Corporate Governance

  • Press release submitted pursuant to Regulation 30 read with Para A of Part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Signed by Bhavesh Nagar, Company Secretary & Compliance Officer (Mem. No. A62546)
  • Company registered office in Vadodara