Financial Performance Highlights

Q2 FY27 Performance:

  • Achieved highest-ever quarterly revenue of ₹185.56 crores, representing 47% growth over Q2 FY26
  • Record EBITDA of ₹29 crores
  • Highest-ever quarterly Profit Before Tax (PBT) of ₹12.91 crores, marking the first time quarterly PBT crossed double digits

H1 FY27 Performance (6 months ended September 2026):

  • Total revenue of ₹345 crores
  • EBITDA of ₹52 crores
  • Profit Before Tax of ₹22.3 crores

Operational and Business Updates

New Customer Acquisition:

  • Successfully onboarded another leading global semiconductor equipment manufacturer
  • Validation of manufacturing capabilities and quality standards
  • Now serving two large multinational companies in the semiconductor domain

Order Book Status:

  • Secured fresh orders worth approximately ₹430 crores during H1 FY27
  • Submitted bids aggregating approximately ₹1,350 crores
  • Confirmed Purchase Order book: ₹910 crores (executable over 2.5 years)
  • Strategic agreements: ₹3,100 crores (executable over 5 years)

Capacity Expansion:

  • Inaugurated new leased facility within Aerospace Park comprising approximately 140,000 sq ft
  • Option to expand to 210,000 sq ft
  • Expected to commence operations early next quarter (Q3 FY27)
  • Will support growth opportunities from semiconductor and other non-defense sectors

Business Segment Performance:

  • Revenue split: Approximately ₹130-140 crores from non-aerospace and defense segments in H1 FY27
  • Target to achieve 50/50 split between aerospace and non-aerospace by year-end
  • Space and semiconductor segments showed significant growth (₹140 crores in H1 FY27 vs ₹100 crores full year FY26)

MRO Business Development:

  • Developed MRO (Maintenance, Repair, and Overhaul) capability after 14 years of wire harness manufacturing
  • In discussions with big companies for MRO service partnerships in Indian market
  • Working with Boeing and other US companies for aftermarket service
  • Expected results to materialize in Q3 and Q4 FY27

Working Capital Efficiency

  • Inventory carrying levels improved from 7.98 months in Q2 FY26 to 6.67 months in Q2 FY27
  • Internal target to achieve 4-month inventory (3-turn inventory company) over next 24 months

Capital Raising and Investor Relations

  • Completed ₹300 crores capital raise with overwhelming institutional investor interest
  • Onboarded marquee institutional investors including SBI Mutual Fund and Kotak Mutual Fund
  • Strengthened balance sheet and enhanced financial flexibility

Workforce and Recognition

  • Total employee strength: 1,352 professionals
  • Conducted all-hands meeting to share long-term vision and growth roadmap
  • Announced special bonus for employees in recognition of their contributions
  • Recognized as one of the best manufacturing brands by ET Edge

Management Guidance and Outlook

Margin Guidance:

  • Target EBITDA margin range: 18% to 23%
  • Current margins showing improvement with operating leverage and scale benefits

Growth Outlook:

  • Expect strong performance in Q3 and Q4 FY27 (historically strongest quarters)
  • Expect growth momentum to continue for next 12-16 quarters (3-4 years)
  • Semiconductor revenues expected to scale meaningfully over coming quarters and years
  • Significant opportunities in global semiconductor manufacturing investments and supply chain diversification

Segment Growth Expectations:

  • Aerospace and defense business benefiting from strong global demand and increasing defense spending
  • Semiconductor business becoming additional growth engine with substantial opportunities

Company Milestones

  • Celebrated 15 years of Rossell Techsys operations
  • Company in early stages of larger growth journey with ambitions to become significantly larger, globally respected manufacturing and technology company