• Type of Event: The document is a transcript of a post-earnings conference call for investors to discuss the financial results for the quarter and half year ended September 30, 2026 (Q2 & H1 FY27).
  • Date and Time: The conference call was held on Tuesday, October 27, 2026, at 3:00 PM IST.
  • Purpose: The stated purpose was to discuss the company's Q2 & H1 FY27 financial results, provide a business and performance update, and share the growth plan and vision.
  • Management Participants: The management team on the call included:
  • Mr. Rupesh Mehta - Chairman & Managing Director
  • Mr. Vishal B Mehta - Chief Financial Officer
  • Mr. Sujeet Kateliya - Company Secretary
  • Availability of Materials: The financial results and presentations were stated to have been uploaded on the company's website (https://macpowercnc.com/). The transcript itself was submitted to the exchange and was also to be disseminated on the company website.
  • UPSI Statement: The call began with a standard disclaimer that it may contain forward-looking statements which involve risks and uncertainties. There was no explicit statement that no Unpublished Price Sensitive Information (UPSI) would be shared.

Financial Highlights & Guidance Summary (As Disclosed)

Q2 FY27 Performance (Highest Ever):

  • Revenue: INR 120.33 crores (40.4% YoY growth)
  • EBITDA: INR 19.94 crores (40.8% YoY growth); Margin: 16.6%
  • PAT: INR 13.47 crores (43.7% YoY growth); Margin: 11.2%
  • EPS: INR 13.47 (43.8% YoY growth)
  • Average Machine Realization: INR 20.36 lakh

H1 FY27 Performance (Highest Ever):

  • Revenue: INR 215.56 crores (46.9% YoY growth)
  • EBITDA: INR 35.36 crores (60.2% YoY growth)
  • PAT: INR 23.06 crores (65.5% YoY growth); Margin: 10.7% (+120 bps YoY)
  • EPS: INR 23.05 (65.5% YoY growth)
  • Average Machine Value (Order Book): INR 20.55 lakh

Operational & Strategic Updates:

  • Order Book: Pending order book as of Q2 stands at INR 476 crores, reflecting 36% YoY growth. The NEXA series contributes ~40% to this order book.
  • Pipeline: Domestic bids submitted worth INR 745 crores; Government tender bids worth INR 194 crores; Total pipeline: INR 939 crores.
  • Product Innovation: Recently launched new models like DCM 5 meter, V500G, and VTX 1200 (large series NEXA products).
  • Capacity Expansion: Construction has started on a newly acquired 13-acre land near the existing plant. It is expected to be operational by the end of Q2 FY28 (approx. Sept 2027). This facility aims for de-bottlenecking, backward integration, and scaling operations, supporting 25-30% growth for the next 3-4 years.
  • 60-Acre Land: Awaiting the new Gujarat government defence policy to proceed with development on a separate 60-acre land parcel.
  • Market Expansion: Development is underway for 4 new technical centres in Kolhapur, Mumbai, Chennai, and Aurangabad, expected to be operational in Q3 FY27. The company currently operates 9 branch offices and 9 technical centres.
  • Exhibitions: Planning to display a new 5-axis machine at IMTEX (Jan 2027) and participate in other major exhibitions like EMO Milano.
  • Guidance: Management increased its full-year growth guidance to nearly 35% for FY27 (from a previous commitment of 30%) and provided a long-term growth outlook of 25-30% for the next 3 years.
  • CapEx & Backward Integration: Q2 CapEx was INR 2.89 crores. A detailed plan for significant capacity addition via new machinery and backward integration is being finalized and will be announced in the Q3 concall. Benefits from existing backward integration (80% in-house components) are expected to flow through more significantly once new capacity is operational, with a long-term target of over 20% EBITDA margin.
  • JV Update: Discussions with a potential JV partner from Germany are ongoing, with an announcement expected closer to or after the new facility is ready.

Additional Notes Section

  • The document is an enclosed transcript of the conference call, submitted to the National Stock Exchange of India Limited as a regulatory compliance filing.
  • The transcript was edited for factual errors, as per the disclaimer within it.
  • The document itself is a cover letter for the transcript and does not contain financial data; all figures summarized above are from the contents of the enclosed transcript.