This document is a regulatory filing containing the Investor Presentation for Q2 & H1 FY27 financial results, submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The presentation provides a comprehensive performance update for the second quarter and first half of the financial year 2026-27. It includes detailed financial statements, management commentary, operational updates, and strategic initiatives.

Key financial highlights from the presentation include:

  • Revenue from operations grew by 18.6% YoY in Q2FY27 to ₹183.1 Cr and by 16.2% YoY in H1FY27 to ₹352.8 Cr.
  • Gross Profit Margin declined to 53.8% in Q2FY27 from 58.4% in Q2FY26, primarily due to a steep increase in styrene-based raw material costs driven by crude oil price volatility.
  • EBITDA decreased by 23.7% YoY in Q2FY27 to ₹22.8 Cr, with EBITDA margin at 12.4% compared to 19.3% in Q2FY26.
  • Profit After Tax declined by 28.5% YoY in Q2FY27 to ₹14.7 Cr, with PAT margin at 8.1%.
  • Basic EPS for Q2FY27 stood at ₹3.75.

From a balance sheet perspective as of September 30, 2026:

  • Total Assets: ₹658.2 Cr
  • Property, Plant and Equipment: ₹326.6 Cr
  • Inventories: ₹74.1 Cr
  • Trade Receivables: ₹55.2 Cr
  • Cash and Cash Equivalents: ₹54.0 Cr
  • Shareholders' Funds: ₹538.3 Cr

Operational and strategic updates include:

  • Commercial production commenced at the new manufacturing facility on October 30, 2026, adding 1.5 million units of annual capacity for helmets and boxes.
  • Incorporated a wholly owned subsidiary in Italy to establish a warehousing and distribution hub for the European market.
  • Started in-house manufacturing of riding jackets, with Bluetooth-enabled communication systems launching in November 2026.
  • Participation in EICMA in Milan (Italy) and India Bike Week in Panchgani (Maharashtra) in November 2026 to strengthen brand visibility.
  • Export ASP increased from approximately ₹1,600 in FY24 to approximately ₹2,000 in H1FY27.
  • SMK ASP improved from approximately ₹2,350 in FY24 to approximately ₹2,900 in H1FY27.

Management commentary from Managing Director Sidhartha Bhushan Khurana highlighted challenging raw material conditions due to geopolitical developments and crude oil volatility, while noting robust demand and the company's focus on improving realizations, cost efficiencies, and operational performance. The company reiterated its medium-term aspiration of achieving ₹1,000 crore in revenue, with exports contributing 25-30%.

The presentation also included historical financial performance data for FY23-FY26, manufacturing capacity details, product portfolio information, and corporate governance details including the Board of Directors.

Additional Notes Section

The document explicitly states that it is an Investor Presentation for financial results and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities. It contains forward-looking statements subject to risks and uncertainties.

The presentation includes comprehensive financial data for Q2FY27, H1FY27, and comparative periods, along with balance sheet, cash flow statement, and operational metrics.

The document was signed by Asha Mittal, Company Secretary and Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Ltd.