Financial Performance
Monolithisch India Limited reported its highest‑ever quarterly results for Q2 FY27. Revenue reached INR 53.59 crore, representing an 88.2% increase over INR 28.48 crore in Q2 FY26. EBITDA rose to INR 15.80 crore, a 192.2% year‑on‑year jump from INR 5.41 crore, while profit after tax (PAT) climbed to INR 11.17 crore, up 145.1% from INR 4.56 crore a year earlier. The EBITDA margin improved to 29.5% from 19.0% in the prior year, an expansion of 1,049 basis points, and the PAT margin rose to 20.8% from 16.0%, a gain of 484 basis points. Diluted earnings per share were INR 5.14 for the quarter versus INR 2.22 in Q2 FY26. The company also disclosed that H1 FY27 revenue crossed the INR 100 crore threshold.
Capacity Expansion and Raw‑Material Integration
The firm secured an allotment for a quartzite mining block in Bihar with an approved capacity of 710,000 metric tonnes per annum; commercial mining is slated to begin around mid‑January 2027, subject to requisite approvals. On 10 October 2026, Monolithisch commenced commercial production at its new greenfield manufacturing facility. Additionally, it has proposed two new manufacturing plants—one in Udaipur, Rajasthan, and another near Hospet, Karnataka—together adding 300,000 MT/yr of capacity at an estimated investment of INR 45 crore. Upon completion and commissioning, total installed capacity is expected to rise from approximately 576,000 MT/yr (currently spread across facilities in Purulia, Sarbari, and Ranchi) to about 875,000 MT/yr by Q3 FY28.
Guidance and Outlook
The company reaffirmed its FY27 revenue guidance of INR 250 crore, stating that the target will be revisited after the mining operations commence.
Management Commentary
Mr Prabhat Tekriwal, Chairman and Whole‑Time Director, said, “Q2 FY27 marks an important step in Monolithisch’s growth journey. Revenue grew 88.2% year on year, while EBITDA and PAT increased 192.2% and 145.1%, respectively. Our EBITDA margin improved to 29.5%, underscoring our progress in scaling operations while staying focused on product performance and execution.”