Paradeep Parivahan Limited submitted a revised investor presentation for the half year ended September 30, 2026, pursuant to Regulation 30 of SEBI Listing Regulations. The presentation provides unaudited financial results subject to limited review by statutory auditors.

Financial Performance Highlights (Consolidated, ₹ Crore)

H1 FY27 vs H1 FY26:

  • Revenue from Operations: ₹216.64 Cr vs ₹184.16 Cr, up 17.6% YoY
  • EBITDA: ₹34.40 Cr vs ₹26.95 Cr, up 27.6% YoY
  • EBITDA margin: 15.9% vs 14.6%, up 124 bps
  • Profit After Tax: ₹18.47 Cr vs ₹17.11 Cr, up 8.0% YoY
  • PAT margin: 8.5% vs 9.3%, down 76 bps
  • EPS - basic: ₹11.60 vs ₹10.75, up 7.9%

H1 FY27 vs H2 FY26:

  • Revenue from Operations: ₹216.64 Cr vs ₹234.76 Cr, down 7.7% HoH
  • EBITDA: ₹34.40 Cr vs ₹30.83 Cr, up 11.6% HoH
  • EBITDA margin: 15.9% vs 13.1%, up 275 bps
  • Profit After Tax: ₹18.47 Cr vs ₹16.46 Cr, up 12.2% HoH
  • PAT margin: 8.5% vs 7.0%, up 151 bps
  • EPS - basic: ₹11.60 vs ₹10.34, up 12.2%

Note: Subsidiaries consolidated from 20 August 2025. H2 FY26 and H1 FY27 include subsidiaries for the full half. Results are seasonal with H2 FY26 revenue 27% above H1 FY26.

Operational Highlights

  • Commenced first Green Logistics deployment for UltraTech Cement
  • Secured new contract with JSW group
  • Expanded geographically across customers and into new business verticals
  • Sustained business momentum despite import uncertainties and crude oil volatility
  • Transportation fleet expected to grow ~3x versus March 2026 levels as orders are executed
  • Developed healthy order pipeline of ₹1,050 Cr supporting future growth visibility
  • Received LEAPS Award 2025 (Multimodal Transport Operator) from DPIIT, Ministry of Commerce & Industry

Business Segments & Growth Drivers

Company operates in four business segments with Green Logistics emerging as the next growth engine. Key growth drivers include:

  • Paradip Port Expansion: Record 156.45 MMT cargo handled in FY26; 25 MTPA Western Dock project (Phase I of 12.5 MTPA commissioned October 2026)
  • Green Logistics: Building EV ecosystem with multiple OEM engagements and battery-swapping partnerships
  • Order Book: ₹1,050 Cr of secured long-term contracts with clients including IFFCO, JM Baxi, JSW group, UltraTech Cement, Godavari Power & Ispat, Ripley, L&T, KBR Logistics
  • EV Fleet: 150 electric vehicle orders secured for green fleet expansion

Historical Financial Performance

Profit & Loss Statement (₹ Crore):

| Period | Revenue | Growth | EBITDA | EBITDA Margin | PAT | PAT Margin | EPS |

| FY25 (Standalone) | 335.82 | - | 43.65 | 13.0% | 24.18 | 7.2% | 21.15 |

| FY26 (Consolidated) | 418.92 | 24.7% | 57.78 | 13.8% | 33.57 | 8.0% | 21.09 |

| H1 FY26 | 184.16 | - | 26.95 | 14.6% | 17.11 | 9.3% | 10.75 |

| H1 FY27 | 216.64 | 17.6% | 34.40 | 15.9% | 18.47 | 8.5% | 11.60 |

Balance Sheet (₹ Crore, Consolidated):

| Item | Mar-26 | Sep-26 | Change |

| Share Capital | 15.92 | 15.92 | - |

| Reserves & Surplus | 144.43 | 162.90 | ▲ ₹18.47 Cr |

| Net Worth | 164.42 | 182.89 | ▲ ₹18.47 Cr |

| Total Borrowings | 69.75 | 123.17 | ▲ ₹53.42 Cr |

| Net Block (PPE + CWIP) | 40.31 | 77.96 | ▲ ₹37.65 Cr |

| Trade Receivables | 92.62 | 107.29 | ▲ ₹14.67 Cr |

| Cash & Bank Balances | 30.71 | 23.40 | ▼ ₹7.31 Cr |

Cash Flow Statement (₹ Crore):

| Period | Operating | Investing | Financing | Net Change | Closing Cash |

| FY25 | 4.17 | (22.14) | 69.72 | 51.75 | 55.32 |

| FY26 | 1.81 | (25.86) | (6.45) | (30.50) | 30.71 |

| H1 FY27 | (12.55) | (44.20) | 49.43 | (7.32) | 23.40 |

H1 FY27 Cash Flow Details:

  • Operating: Negative ₹12.55 Cr after ₹4.62 Cr taxes paid and working capital absorption (receivables up ₹14.67 Cr, loans & advances up ₹21.37 Cr)
  • Investing: Outflow ₹44.20 Cr, including ₹43.21 Cr invested in property, plant & equipment for fleet build-out
  • Financing: Inflow ₹49.43 Cr from new borrowings (₹39.34 Cr long-term, ₹14.09 Cr short-term) less ₹4.00 Cr interest paid

Key Financial Ratios

  • ROCE & ROE trends shown graphically with improvement in H1 FY27
  • Debtor days, inventory days, and creditor days provided with historical comparison
  • Debt-to-Equity ratio increased due to borrowing for fleet expansion

Forward-Looking Statements

The presentation contains forward-looking statements subject to business risks including fluctuations in earnings, ability to manage growth, competition, economic conditions, contract execution, government policies, and interest costs.