Regaal Resources Limited announced its unaudited standalone financial results for Q2 FY27 and H1 FY27 ended September 30, 2026, through a press release submitted to stock exchanges pursuant to Regulation 30 of SEBI Listing Regulations.

Financial Performance Highlights

Q2 FY27 Performance (₹ millions):

  • Total Income: ₹3,169 (Q2 FY26: ₹3,203, -1.1% YoY)
  • Operating Income: ₹3,166 (Q2 FY26: ₹3,200, -1.1% YoY; Q1 FY27: ₹2,021, +56.6% QoQ)
  • Value Add: ₹1,290 (Q2 FY26: ₹785, +64.3% YoY)
  • Value Add Margin: 40.8% (Q2 FY26: 24.5%, +1,622 bps)
  • Operating EBITDA: ₹542 (Q2 FY26: ₹350, +54.7% YoY)
  • Operating EBITDA Margin: 17.1% (Q2 FY26: 10.9%, +617 bps)
  • PAT: ₹232 (Q2 FY26: ₹167, +38.7% YoY) - Highest-ever quarterly PAT
  • PAT Margin: 7.3% (Q2 FY26: 5.2%, +210 bps)
  • Diluted EPS: ₹2.24 (Q2 FY26: ₹1.84, +21.7% YoY)

H1 FY27 Performance (₹ millions):

  • Total Income: ₹5,195 (H1 FY26: ₹5,671, -8.4% YoY)
  • Operating Income: ₹5,187 (H1 FY26: ₹5,666, -8.5% YoY)
  • Value Add: ₹2,096 (H1 FY26: ₹1,403, +49.3% YoY)
  • Value Add Margin: 40.4% (H1 FY26: 24.8%, +1,563 bps)
  • Operating EBITDA: ₹852 (H1 FY26: ₹595, +43.2% YoY)
  • Operating EBITDA Margin: 16.4% (H1 FY26: 10.5%, +592 bps)
  • PAT: ₹365 (H1 FY26: ₹258, +41.6% YoY)
  • PAT Margin: 7.0% (H1 FY26: 4.5%, +248 bps)
  • Diluted EPS: ₹3.53 (H1 FY26: ₹2.93, +20.5% YoY)

Full Year FY26 Reference:

  • Total Income: ₹11,354 million
  • Operating Income: ₹11,342 million
  • Value Add: ₹2,958 million
  • Value Add Margin: 26.1%
  • Operating EBITDA: ₹1,266 million
  • Operating EBITDA Margin: 11.2%
  • PAT: ₹556 million
  • PAT Margin: 4.9%
  • Diluted EPS: ₹5.81

Operational and Strategic Highlights

Manufacturing Performance:

  • Core manufacturing revenue grew 64.4% YoY from ₹1,902 million in Q2 FY26 to ₹3,127 million in Q2 FY27
  • Maize crushing volumes increased 20.2% to 160,179 MT in H1 FY27 from 133,522 MT in H1 FY26
  • Exports increased 64.5% YoY to ₹366.7 million in H1 FY27

Operational Disruption:

  • Temporary operational disruption at newly commissioned 825 TPD manufacturing facility due to turbine breakdown
  • Impact limited to newly commissioned facility; existing customer commitments unaffected
  • Turbine successfully recommissioned towards end of Q2 FY27, restoring facility to normal operations

Strategic Initiatives:

  • Long-term strategy of procuring maize during Rabi season to meet year-round requirements yielding results
  • Approach strengthened raw material security and inventory management despite elevated prices and supply constraints
  • Focus on optimizing capacity utilization and increasing value-added products in product mix

Business Overview

Regaal Resources Limited operates in the maize wet milling industry with:

  • Modern wet milling facility in Bihar strategically located near key maize-growing regions
  • Installed crushing capacity of approximately 1,650 TPD
  • Product portfolio includes native starches, modified starches, first-stage products, and maize derivative products
  • Serves diverse industries including food & beverages, pharmaceuticals, textiles, paper, and animal nutrition

Management Commentary

Mr. Anil Kishorepuria, Chairman & Managing Director, stated that the performance reflects benefits of strategic growth initiatives, disciplined execution, and sustained demand across key markets. The selling environment remains favorable with steady demand across key end-user segments and healthy market traction for products.