Sahyadri Industries Limited filed an investor presentation for the quarter ended 30 September 2026 under SEBI Listing Obligations and Disclosure Requirements Regulation 30. The disclosure was signed by Rajib Kumar Gope, Company Secretary & Compliance Officer, and submitted to both BSE and NSE.

Management Commentary

Mr. Satyen Patel, Managing Director, commented that Q2 is typically a softer period due to nationwide monsoon but the company delivered resilient operational performance. He noted capacity utilization improved to 88% in H1 FY27 from 73% in H1 FY26. The growth outlook for the roofing sector remains positive subject to geopolitical situation, forex volatility impacting export markets, and imported raw material costs.

Financial Performance Highlights Q2 FY27 (YoY)

  • Total Income: ₹148.5 Cr (up 17.5% from ₹126.3 Cr)
  • Gross Profit: ₹77.0 Cr (up 24.4% from ₹61.9 Cr)
  • Gross Profit Margin: 51.9% (vs 49.0%)
  • EBITDA: ₹22.4 Cr (up 116.7% from ₹10.3 Cr)
  • EBITDA Margin: 15.1% (vs 8.2%)
  • PAT: ₹12.3 Cr (up 352.0% from ₹2.7 Cr)
  • PAT Margin: 8.2% (vs 2.1%)
  • EPS: ₹11.22 (vs ₹2.48)

Financial Performance Highlights H1 FY27 (YoY)

  • Total Income: ₹409.8 Cr (up 19.7% from ₹342.4 Cr)
  • Gross Profit: ₹187.9 Cr (up 28.7% from ₹146.0 Cr)
  • Gross Profit Margin: 45.9% (vs 42.6%)
  • EBITDA: ₹64.1 Cr (up 99.8% from ₹32.1 Cr)
  • EBITDA Margin: 15.6% (vs 9.4%)
  • PAT: ₹38.8 Cr (up 187.5% from ₹13.5 Cr)
  • PAT Margin: 9.5% (vs 3.9%)
  • EPS: ₹35.44 (vs ₹12.32)

Balance Sheet Position (as of September 2026)

  • Total Assets: ₹560.1 Cr (vs ₹532.1 Cr in March 2026)
  • Total Equity: ₹440.0 Cr (vs ₹406.1 Cr in March 2026)
  • Share Capital: ₹11.0 Cr (unchanged)
  • Reserves & Surplus: ₹429.0 Cr (vs ₹395.1 Cr)
  • Non-Current Liabilities: ₹6.5 Cr (vs ₹6.3 Cr)
  • Current Liabilities: ₹113.6 Cr (vs ₹119.7 Cr)
  • Inventories: ₹175.6 Cr (vs ₹182.7 Cr)
  • Trade Receivables: ₹31.5 Cr (vs ₹38.4 Cr)
  • Cash and Cash Equivalents: ₹2.4 Cr (vs ₹6.7 Cr)

Cash Flow Statement H1 FY27

  • Net Cash from Operating Activities: ₹37.6 Cr
  • Net Cash from Investing Activities: -₹35.2 Cr
  • Net Cash from Financing Activities: -₹6.7 Cr
  • Net Decrease in Cash: -₹4.3 Cr

Historical Financial Performance (FY22-FY26)

The presentation included 5-year historical data showing consistent revenue growth from ₹546.3 Cr in FY22 to ₹684.9 Cr in FY26, with PAT increasing from ₹61.8 Cr in FY22 to ₹29.0 Cr in FY26 after a dip in FY25.

Dividend History

  • FY26: EPS ₹26.50, Total Dividend ₹1.5 per share
  • FY25: EPS ₹17.78, Total Dividend ₹1.0 per share
  • FY24: EPS ₹24.09, Total Dividend ₹1.0 per share
  • FY23: EPS ₹33.90, Total Dividend ₹4.0 per share
  • FY22: EPS ₹56.48, Total Dividend ₹6.0 per share

Corporate Governance

The company has an experienced board including Chairman Jayesh Patel, Managing Director Satyen Patel, and several independent directors. Rajib Gope serves as Compliance Officer.

Product Portfolio and CSR

Sahyadri manufactures building materials including EcoPro Cement Boards, Cemply Flat Sheets, Swastik Roof Sheets, and recently launched Swastik Sil Gold. The company engages in CSR activities including Swastik Kukdookoo, Digital Classroom Program, Lakshya sports NGO support, Cemply Swachalay toilets, and Swastik Disha education initiatives.