Lohia Corp Limited – Investor Presentation Summary

Key Operational Highlights

  • Machine sales grew 44% YoY to ₹4,808 Mn in Q2FY27 and 53% in H1FY27, contributing about 80% of total revenue
  • Aftermarket revenue rose 16% YoY to ₹540 Mn in Q2FY27 and 13% in H1FY27, adding steady recurring revenue stream
  • Overseas revenue reached ₹2,185 Mn in Q2FY27 (+6% QoQ, +2% YoY) with export order book at all-time high
  • Total order book nearly doubled YoY (+93%) to ₹19,936 Mn and grew 12% QoQ, providing strong visibility
  • Executed 1000 mm Specialised Stretching Line for defence sector application and secured first order from South Korea
  • Participated in five industry exhibitions including Global Conclave on Plastics Recycling and Sustainability

Key drivers of operational performance: Sustained momentum across all business segments, international expansion, and participation in industry exhibitions for customer engagement

Segment-wise Performance

  • Machinery segment: ₹4,808 Mn in Q2FY27 (80% of revenue), +44% YoY growth
  • After Market Revenue: ₹540 Mn in Q2FY27, +16% YoY growth
  • Other Revenue: Included in total revenue of ₹5,943 Mn

Explanation of significant changes in segment performance: Growth driven by strong demand across all segments, particularly machinery sales which showed the highest growth rate

Financial Highlights

Revenue: ₹5,943 Mn (Q2FY27), ₹10,974 Mn (H1FY27)

EBITDA: ₹1,155 Mn (Q2FY27), ₹2,156 Mn (H1FY27)

PAT: ₹777 Mn (Q2FY27), ₹1,440 Mn (H1FY27)

EPS: Not specified

Margins: EBITDA margin 19.4% (Q2FY27), 19.7% (H1FY27); PAT margin 13.0% (Q2FY27), 13.0% (H1FY27)

YoY/QoQ comparison: Revenue +42% YoY, +18% QoQ; EBITDA +33% YoY, +15% QoQ; PAT +48% YoY, +17% QoQ

Drivers of financial performance: Revenue growth offset higher commodity prices, operating leverage maintained EBITDA margins despite material margin moderation

Comparison to market estimates: Not specified

Key Risks: Higher commodity prices due to macroeconomic factors affecting material margins

Geographical Revenue Split

Domestic vs Export/Regional Revenue:

  • Domestic: Significant growth of ~83% YoY (percentage share increased as domestic growth outpaced exports)
  • Export: ₹2,185 Mn in Q2FY27 (+6% QoQ, +2% YoY), 37% of total revenue (down from 51% due to stronger domestic growth)

Regional Breakdown: Not specified beyond domestic/export split

Balance Sheet Snapshot

Net Debt/Equity: Not specified

Reserves: Other equity ₹6,568 Mn (H1FY27)

Current Assets/Liabilities: Current assets ₹11,352 Mn, Current liabilities ₹8,195 Mn (H1FY27)

Working Capital/Leverage Metrics: Inventories ₹5,557 Mn, Trade receivables ₹1,899 Mn (H1FY27)

Financial Health Insights: Strong revenue growth and profitability, healthy current ratio

Capex & Cash Flow Health

Capital Expenditure: Not specified for current period

Free Cash Flow: Not specified

Operating Cash Flow: Not specified

Net Debt Movement: Net debt position not specified

Investment Rationale: Focus on technology innovation and international expansion

Strategic & R&D Initiatives

Investments in Innovation: Reclamax 120 (500kg/hr recycling machine), Mother-Baby Extruder for advanced plastic recycling, participation in standard development for Poly Lactic Acid (PLA) and ISO 15270-3

Expected impact on growth: Recycling machinery addresses India's doubling recycling market between 2023-2032

Strategic Rationale: Expanding into high-growth recycling segment, strengthening global footprint through international orders

Industry Trends & Business Environment

Macro/Industry Trends: India's recycling market set to double between 2023-2032, global market for high-performance fibers growing at 8-10% CAGR to over $28 billion by 2030

Impact on Company: Creating opportunities in recycling machinery and high-performance fibers segments

Management Commentary & Growth Outlook

Strategic Outlook: Focus on expanding global footprint, extending into conversion & recycling segments, scaling high-performance fibers via M&A, driving operational efficiency through ZEEP program

FY Guidance: Not explicitly stated

Market Share Targets: Not specified

Risks and Opportunities: Higher commodity prices affecting material margins, but operating leverage maintaining profitability

ESG Updates

  • Director of Technical Training & Research Centre led BIS working group on National Standard for Poly Lactic Acid (PLA)
  • Advanced ISO 15270-3 on Physical Recycling to Draft International Standard stage
  • Commitment to sustainable plastics and circular economy initiatives

Digital Transformation

  • CRM, stock automation and HRM systems implemented to improve efficiency and machinery utilization
  • Chief Digital and Information Officer position established