Q2 FY27 Financial Performance

Lagnam Spintex Limited reported unaudited financial results for the quarter ended September 30, 2026, showing significant improvement across all key metrics:

Revenue & Profitability:

  • Revenue from Operations: ₹172.59 crore, up 30.3% from ₹132.43 crore in Q2 FY26
  • EBITDA: ₹23.66 crore, up 98% from ₹11.94 crore in Q2 FY26
  • PBDT: ₹16.12 crore, up 249% from ₹4.62 crore in Q2 FY26
  • PAT: ₹8.18 crore, up 2053% from ₹0.38 crore in Q2 FY26
  • EPS: ₹4.63, compared to ₹0.21 in Q2 FY26 (22 times increase)

Margin Performance:

  • EBITDA margin expanded to 13.71% in Q2 FY27 from 9.02% in Q2 FY26

H1 FY27 Financial Performance

The company also reported strong results for the first half of FY27:

Revenue & Profitability:

  • Revenue from Operations: ₹338.44 crore, up 24.2% from ₹272.53 crore in H1 FY26
  • EBITDA: ₹44.44 crore, up 64.4% from ₹27.03 crore in H1 FY26
  • PBDT: ₹29.17 crore, up 153% from ₹11.53 crore in H1 FY26
  • PAT: ₹14.07 crore, up 499% from ₹2.35 crore in H1 FY26
  • EPS: ₹7.96, compared to ₹1.33 in H1 FY26 (5.98 times increase)

Margin Performance:

  • EBITDA margin expanded to 13.13% in H1 FY27 from 9.92% in H1 FY26

Segment Performance

Domestic Business:

  • Q2 FY27 Domestic revenue: ₹111.37 crore, up approximately 42% from ₹78.29 crore in Q2 FY26
  • H1 FY27 Domestic revenue: ₹232.93 crore, up approximately 58% from ₹147.64 crore in H1 FY26
  • Robust demand and improved margins in the domestic market supported growth

Export Business:

  • The export business continues to remain an integral part of the company's diversified market strategy
  • The release mentions ongoing global business disruptions affecting the export segment

Strategic Initiatives

The company is expected to commission approximately 15.5 MW renewable energy projects shortly. Upon commissioning:

  • Approximately 70% of total energy requirements will be met through renewable sources
  • This represents a significant milestone in the company's sustainability journey
  • Expected to support long-term operational efficiency and cost optimization

Management Commentary

Mr. Anand Mangal, Managing Director, commented:

  • The growth in revenue coupled with significant improvement in EBITDA margins reflects the company's continued focus on operational efficiency, product mix and profitable growth
  • Strong growth in domestic business has been an important contributor to overall performance
  • Going forward, focus will remain on strengthening operational efficiencies, improving profitability, maintaining a healthy balance between domestic and export markets, and creating sustainable long-term value for stakeholders

Operational Highlights

The performance improvement was attributed to:

  • Operational efficiency improvements
  • Favorable product mix optimization
  • Profitable growth strategy
  • Strong domestic market demand

Future Outlook

The company's focus areas going forward include:

  • Strengthening operational efficiencies
  • Improving profitability
  • Maintaining healthy balance between domestic and export markets
  • Creating sustainable long-term value for stakeholders