Key Financial Results (Consolidated, Figures in INR Million)

Q2 FY27 Performance:

  • Revenue from Operations: ₹3,785 million (36.7% YoY growth, 9.0% QoQ growth)
  • Other Income: ₹52 million
  • Gross Profit Margin: 65.7% of Revenue from Operations
  • EBITDA: ₹886 million (38.6% YoY growth, -1.3% QoQ change)
  • EBITDA Margin: 23.1%
  • Operating EBITDA (EBITDA - Other Income): ₹834 million (43.7% YoY growth, 1.8% QoQ growth)
  • Operating EBITDA Margin: 22.0%
  • Depreciation & Amortization: ₹119 million
  • EBIT: ₹767 million (45.0% YoY growth, -1.6% QoQ change)
  • EBIT Margin: 20.0%
  • Finance Cost: ₹38 million
  • PBT: ₹729 million (44.3% YoY growth, -2.3% QoQ change)
  • Tax Expense: ₹185 million
  • PAT: ₹544 million (38.2% YoY growth, -3.9% QoQ change)
  • PAT Margin: 14.2%
  • Basic EPS: ₹12.05

Comparative Performance:

| Metric | Q2FY27 | Q1FY27 | Q2FY26 | QoQ Change | YoY Change |

| Revenue | ₹3,785 | ₹3,474 | ₹2,768 | 9.0% | 36.7% |

| EBITDA | ₹886 | ₹898 | ₹640 | -1.3% | 38.6% |

| PAT | ₹544 | ₹566 | ₹394 | -3.9% | 38.2% |

Operational Highlights

Segment Performance:

  • Construction Equipment: Sales grew 49% year-on-year, driven by North American data center, power generation, and AI-related infrastructure projects
  • Small Agriculture: Sales grew 25% year-on-year, marking a recovery after three years of continuous decline
  • Large Agriculture: Revenue grew 10% year-on-year despite industry volumes being down approximately 17%
  • Aftermarket: Improved to 16.5% of revenue (vs. 12.4% in Q1 FY27 and 14.7% in Q2 FY26), with absolute growth exceeding 50% YoY

Business Development:

  • New business awards continue to exceed ₹225 crore, concentrated in construction and large agriculture segments
  • Awards span multiple segments and geographies across all three product platforms

Facility Updates:

  • Restoration of finishing shop at Ludhiana facility on track for completion by end of calendar year 2026
  • Mexico facility: First customer dispatch scheduled for November 2026

Product Portfolio Revenue Distribution

  • Three-point linkage systems: 43% of revenue contribution
  • Precision machined parts: 55% of revenue contribution
  • Additional offerings include Power Take Off (PTO), Hydraulic Cylinders, and Fabrication

Historical Financial Performance (Figures in INR Million)

Profit & Loss:

| Metric | FY24 | FY25 | FY26 |

| Revenue | 11,395 | 9,637 | 11,704 |

| EBITDA | 2,107 | 1,668 | 2,648 |

| PAT | 1,247 | 880 | 1,583 |

| Basic EPS (INR) | 28.1 | 19.5 | 35.07 |

Balance Sheet (FY26):

  • Total Assets: ₹12,549 million
  • Non-Current Assets: ₹3,868 million (including Property, Plant & Equipment: ₹1,994 million)
  • Current Assets: ₹8,681 million (including Inventories: ₹4,301 million, Investments: ₹2,030 million)
  • Total Equity: ₹8,704 million
  • Total Liabilities: ₹3,845 million

Management Commentary

Mr. Gurdeep Soni, Promoter, Chairman & Managing Director, stated that Q2 FY27 represented the highest revenue quarter in company history. He attributed this performance to strong customer relationships, operational agility, and diversity across platforms and segments. Mr. Paramjit Singh Soni, Promoter and Vice Chairman, emphasized that business awards from previous quarters are now ramping up as planned, providing visibility into future quarters.

Document Availability

The presentation is available on the company website at https://www.unipartsgroup.com/home/quarterlyfinancialresults