Macpower CNC Machines Limited – Investor Presentation Summary

Key Operational Highlights

  • Pending order book as of September 30, 2026, stands at ₹476.7 crore (~INR 4,767 Mn), reflecting 36% YoY growth.
  • Total bids submitted stand at ₹939.3 crore (~INR 9,393 Mn), with domestic bids at ₹745.1 crore (~INR 7,451 Mn) and tender bids under evaluation at ₹194.2 crore (~INR 1,942 Mn).
  • The NEXA series contributes approximately 40% of the value of the pending order book.
  • Average machine realization remained healthy at around ₹20.36 lakh.
  • Capacity reached 2,500 machines per annum in Q4FY26.
  • Employee strength is 995+.
  • Key drivers include new product launches, expansion into defence and aerospace sectors, and backward integration.

Segment-wise Performance

Not Specified

Financial Highlights

Q2FY27 (INR Mn):

  • Revenue from Operations: ₹1,203.3
  • EBITDA: ₹199.4
  • PAT: ₹134.7
  • EPS (Rs): 13.47
  • EBITDA Margin: 16.6%
  • PAT Margin: 11.2%

Q2FY27 YoY Growth:

  • Revenue: +40.4%
  • EBITDA: +40.8%
  • PAT: +43.7%
  • EPS: +43.8%

H1FY27 (INR Mn):

  • Revenue from Operations: ₹2,155.6
  • EBITDA: ₹353.6
  • PAT: ₹230.6
  • EPS (Rs): 23.05
  • EBITDA Margin: 16.4%
  • PAT Margin: 10.7%

H1FY27 YoY Growth:

  • Revenue: +46.9%
  • EBITDA: +60.2%
  • PAT: +65.5%

Drivers of financial performance: Robust operational execution and sustained demand momentum for high-precision CNC machines.

Capex: ₹2.89 crore during the quarter.

Geographical Revenue Split

Not Specified

Balance Sheet Snapshot

H1FY27 (INR Mn):

  • Share Capital: ₹100.0
  • Reserves & Surplus: ₹1,868.5
  • Total Equity: ₹1,968.5
  • Borrowings: ₹12.4
  • Total Assets: ₹3,010.6
  • Inventories: ₹1,700.2
  • Trade Receivables: ₹228.9
  • Cash & Cash Equivalents: ₹278.3

Financial Health Insights: The company describes itself as one of the few net debt negative companies in the sector.

Capex & Cash Flow Health

Strategic Expansion Capex:

  • Estimated investment: ~₹50 crore in infrastructure, plant & machinery.
  • Funding: Balanced mix of internal accruals and debt.
  • Targeted completion within 12 months (by Q2FY28).

Investment Rationale: The expansion is for eliminating production bottlenecks, adding capacity for critical components through backward integration, and supporting long-term growth.

Strategic & R&D Initiatives

Investments in Innovation:

  • New models launched in Q2 & H1FY27: DCM-5227, V500 G, and VTX 1200 L.
  • Intensive R&D work on next-generation 5-axis machines for the aerospace and defence sectors.
  • In-house development of the Macatrol® CNC controller and automation kits.

Strategic Rationale: Expanding into high-growth, high-moat sectors like defence and aerospace and enhancing vertical integration for cost competitiveness.

Industry Trends & Business Environment

Macro/Industry Trends: Government push for indigenous manufacturing in defence and capital goods sectors.

Impact on Company: Unlocks access to large-volume, multi-year public sector and defence contracts with long order cycles and high technical barriers.

Management Commentary & Growth Outlook

Strategic Outlook: "...we are confident of delivering another year of robust growth..."

FY Guidance: +35% revenue growth for FY27.

Risks and Opportunities: Not explicitly detailed beyond the general forward-looking statement disclaimer.

ESG Updates

Environment:

  • 750 KW rooftop solar plant installed, enabling ~90% daytime power savings.
  • Zero Liquid discharge facility.
  • Total capital investment in energy conservation equipment: ~₹6.34 Million in FY21 and ~₹12.9 Million in FY25.
  • Total amount saved due to solar energy till FY26: ~₹18.2 Million.

Social:

  • CSR spend of ₹57.10 lakhs towards Promoting Education & Health Care.
  • Meal provided to all plant employees daily.

Governance:

  • Board of 6 directors, with 3 being independent directors.
  • Independent Directors chair the Nomination & Remuneration Committee, Audit Committee, and Stakeholder Relations Committee.