Financial Performance Summary

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Total Revenue: ₹347.92 crore, up 89.5% YoY from ₹183.60 crore
  • EBITDA: ₹72.92 crore, up 118.2% YoY from ₹33.42 crore
  • EBITDA Margin: 21.0% vs 18.2% YoY
  • Profit After Tax: ₹33.68 crore, up 593.4% YoY from ₹4.86 crore
  • PAT Margin: 9.7% vs 2.7% YoY

Quarterly Sequential Performance (Q2 FY27 vs Q1 FY27)

  • Total Revenue: ₹347.92 crore, up 12.6% QoQ from ₹309.06 crore
  • EBITDA: ₹72.92 crore, down 2.0% QoQ from ₹74.42 crore
  • EBITDA Margin: 21.0% vs 24.2% QoQ
  • Profit After Tax: ₹33.68 crore, down 6.6% QoQ from ₹36.05 crore
  • PAT Margin: 9.7% vs 11.7% QoQ

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Total Revenue: ₹656.98 crore, up 71.7% YoY from ₹382.62 crore
  • EBITDA: ₹147.33 crore, up 122.8% YoY from ₹66.12 crore
  • EBITDA Margin: 22.4% vs 17.3% YoY
  • Profit After Tax: ₹69.73 crore, up 720.2% YoY from ₹8.50 crore
  • PAT Margin: 10.6% vs 2.2% YoY

Business Highlights

Volume Growth

  • 62% YoY volume growth in Q2 FY27
  • Driven by higher offtake from existing customers and new customer additions

Revenue Composition

  • Industrial Business: Contributed 89% of revenue in Q2 FY27 and 90% in H1 FY27
  • Exports: Export revenue grew 71% YoY in Q2 FY27 and 70% in H1 FY27

Operational Metrics

  • Order Execution: Deliveries under long-term agreement expected to be completed by Q3 FY27
  • Advances Received: ₹120.03 crore received to date
  • Leverage: Net Debt-to-EBITDA stood at 2.09x as of September 2026
  • Working Capital: Net working capital cycle stood at 149 days as of H1 FY27

Management Commentary

Mr. Parag Jhaveri, Managing Director & CEO, commented:

  • Q2 FY27 was a good quarter with continued focus on growth in revenue, profitability and operational efficiency
  • H1 FY27 performance reflects efforts to strengthen business through improved product mix, cost discipline and better resource utilization
  • Company remains focused on driving sustainable revenue growth while enhancing EBITDA margins through operating efficiencies and disciplined execution
  • Priorities for H2 FY27 include improving profitability, strengthening working capital management, and maintaining strong financial foundation to support growth objectives

Company Background

Yasho Industries Limited is a manufacturer of fine and specialty chemicals with four manufacturing units in Vapi and Pakhajan, Gujarat, supported by a dedicated R&D Centre. The company serves customers across more than 50 countries with most revenue derived from exports.