Industrials
Kajaria Ceramics Limited (kajariacer) Q2 FY27 Investor Update: Revenue Up 24%, Ebitda Margin at 19.5%
Kajaria Ceramics Limited (KAJARIACER) reports a 24% YoY revenue growth for Q2 FY27, with consolidated revenue at INR 1468 crores.
Kajaria Ceramics Limited (KAJARIACER) has disclosed its Q2 FY27 investor update, revealing a robust financial performance. The company reported a 24% year-on-year revenue growth, reaching INR 1468 crores for the quarter. The consolidated revenue surge was driven by healthy volumes and positive market response to price hikes. The EBITDA margin for Q2 FY27 stood at 19.5%, reflecting efficient cost management and operational excellence.
Production and Sales Growth
In terms of production, the company achieved a 10% year-on-year volume growth, primarily due to better demand and market share gains. However, export demand in H1 FY27 remained subdued, with elevated freight rates and limited container availability posing challenges for manufacturers in Morbi. The consolidated tile volume data showed significant growth, with the own manufacturing subsidiaries and outsourced manufacturing units both performing well.
Subsidiary Performance
Kajaria Ceramics Limited’s subsidiaries also contributed positively to the overall performance. Kajaria Vitrified Pvt. Ltd., Kajaria Infinity Pvt. Ltd., South Asian Ceramics Tiles Pvt. Ltd., and Kajaria Surfaces Pvt. Ltd. all operated at optimum capacity during Q2 FY27. Additionally, Kajaria Bathware, Kajaria International FZCO, and Kajaria Ramesh Tiles Limited also reported satisfactory operational results.
Looking ahead, Kajaria Ceramics Limited remains confident in sustaining healthy growth, strengthening its market position, and creating long-term value for all stakeholders. The company’s capacity expansion plans at Srikalahasti and Gailpur are on track, expected to enhance manufacturing capabilities and deliver high-quality products at competitive costs.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Kajaria Ceramics Limited
Kajaria Ceramics Limited belongs to the Industrials › Building Products & Equipment sector. Here’s a quick read on where the business and the stock stand today.
Kajaria holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 2.92 makes it expensive versus peers. The premium needs earnings to catch up quickly. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock trades at 80% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The stock rises -2.3% in three months on 3.3% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Kajaria Ceramics Limited.
APOLLO
Apollo Micro Systems Limited (apollo) Q2fy27 and H1fy27 Results: Revenue Surges 97% to ₹306 Cr
Apollo Micro Systems Limited (APOLLO) reports record-breaking Q2FY27 and H1FY27 results, with revenue surging 97% to ₹306 Cr.
Apollo Micro Systems Limited (APOLLO) has announced its record-breaking Q2FY27 and H1FY27 results, showcasing the highest-ever performance across revenue, EBITDA, PAT, and EBITDA margin. The company reported consolidated revenue of ₹639 Cr, marking a 78% year-on-year growth compared to ₹358.8 Cr in H1FY26. The revenue for Q2FY27 alone was ₹388 Cr, a significant 97% increase from ₹197.6 Cr in Q2FY26.
Record-Breaking Financials
The financial performance highlights include consolidated revenue of ₹388 Cr in Q2FY27, up from ₹225.3 Cr in Q2FY26, and a consolidated revenue of ₹639 Cr for H1FY27, up from ₹358.8 Cr in H1FY26. The EBITDA (ex OI) surged to ₹165 Cr in H1FY27, a 65% increase from ₹100.1 Cr in H1FY26. Profit After Tax (PAT) also saw a robust growth, reaching ₹71 Cr in H1FY27, up from ₹47.7 Cr in H1FY26.
EBITDA Margin and Profitability
The consolidated EBITDA margin for Q2FY27 stood at 35%, up from 31% in Q1FY27. The standalone PAT margin for Q2FY27 was 15%, reflecting the company’s strong profitability. The consolidated order book stood at an all-time high of ₹1765 Cr as on 30th September 2026.
In the words of Mr. Baddam Karunakar Reddy, Managing Director of Apollo Micro Systems Limited, ‘Our best-ever Q2 performance reflects strong execution, resilience, and an unwavering focus on key priorities. Building on this momentum, we will accelerate execution, sharpen our strategic focus, and remain responsive to the evolving needs of the defence sector. With significant opportunities ahead, we are committed to strengthening our capabilities, advancing national defence preparedness, and delivering with greater speed, discipline, and purpose.’
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Apollo Micro Systems Limited
Apollo Micro Systems Limited belongs to the Industrials › Aerospace & Defense sector. Here’s a quick read on where the business and the stock stand today.
Apollo holds in the upper half of its 52-week range, a sign the market backs the stock. Revenue grows at 44.9% and profits at 81.9% CAGR. Both numbers are exceptional. Not a single revenue dip or loss quarter in five years — this is a business built to last through cycles. The stock trades at 87% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The business grows revenue at 44.9% and profits at 81.9%, with D/E of 0.55. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 1.54 premium is usually justified. Check Fundamentals of Apollo Micro Systems Limited.
Industrials
Shakti Pumps (india) Limited (NSE: Shaktipump) Q2 & H1 FY27 Results: Revenue Up 24.5% Yoy
Shakti Pumps (India) Limited (NSE: SHAKTIPUMP) reports Q2 & H1 FY27 results with revenue up 24.5% YoY, driven by strong execution.
Shakti Pumps (India) Limited (NSE: SHAKTIPUMP) has reported its Q2 and H1 FY27 results, showcasing a robust performance with revenue growing 24.5% year-on-year to ₹16,047 million. The company’s strong execution and diversified business model have driven this growth. The H1 FY27 revenue was up 24.5% year-on-year, reaching ₹16,047 million, while the PAT stood at ₹901 million.
Revenue and Execution Growth Remains Intact
The company’s Q2 FY27 revenue was ₹7,460 million, up 12.0% year-on-year, while the H1 FY27 revenue grew 24.5% year-on-year to ₹16,047 million. The number of solar pumps installed increased by 7.0% year-on-year in Q2 FY27 and 29.3% year-on-year in H1 FY27.
EBITDA Margins Sustained Sequentially
EBITDA margins were sustained sequentially despite macroeconomic headwinds. The EBITDA margin in H1 FY27 was 9.2%, compared to 21.7% in H1 FY26. The company’s order book stood at ₹7,510 million as of October 23, 2026, indicating strong revenue visibility.
Forward-Looking Outlook
Shakti Pumps is optimistic about future growth opportunities, particularly under PM-KUSUM 2.0 and other state-level initiatives. The company is also investing ₹17,000 million to strengthen its manufacturing base and expand its solar module capacity, positioning itself as a leading integrated renewable energy solutions provider.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Shakti Pumps (India) Limited
Shakti Pumps (India) Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.
Shakti drops 22.7% over three months and trades near its 52-week lows. The PEG of 0.20 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Thin margins at 7.2% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock sits at 2% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 41.3% and profits at 120.2% CAGR, with D/E of 0.00. Meanwhile, the stock dips 22.7% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Shakti Pumps (India) Limited.
Industrials
Repro India Limited (repro) Q2 FY27: Digital Business Revenue Up 43% Qoq, Ebitda Margin Expands
Repro India Limited (REPRO) Q2 FY27 sees digital business revenue up 43% QoQ, EBITDA margin expands to 2.7%.
Repro India Limited (REPRO) Q2 FY27 results highlight significant growth in the digital business, with revenue up 43% QoQ to ₹149 crore. The platform business, now contributing ~81% of digital revenue, saw a 62% QoQ increase to ₹120 crore, establishing itself as the core growth engine.
Digital Business Expansion
The transition from two marketplaces to a scalable commerce platform has enabled the same tech and supply stack to power offline B2B, international markets, and D2C, with asset-light drop-ship partnerships expanding selection. Tech investments, including AI-led content ingestion and dynamic pricing, are driving revenue growth on a fully expensed tech base.
Consolidated Performance
Repro India Limited reported its highest quarterly consolidated revenue of ₹182 crore, up 29% QoQ from ₹141 crore. The print vertical remained steady, providing a stable base. EBITDA grew to ₹8.26 crore from ₹5.30 crore in Q1, reflecting improved profitability across the portfolio.
The company remains debt-free, with cash surplus increasing from ₹70 crore in Q1 to over ₹100 crore in Q2, driven by steady cash generation from operating business. Long-term borrowings reduced to Nil in Sep’26, and short-term borrowings decreased to Rs.11 crore. Debtor days improved to 46 days in Sep’26 from 55 days in March’26.
The technology content platform is the primary growth lever, with intelligent ingestion, autonomous pricing, and marketplace intelligence driving market leadership. The future of the publishing industry is here with books on demand anytime, anywhere.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Repro India Limited
Repro India Limited belongs to the Industrials › Specialty Business Services sector. Here’s a quick read on where the business and the stock stand today.
Repro drops 18.5% over three months and trades near its 52-week lows. No meaningful dividend — total return is entirely dependent on capital appreciation. Revenue grows at only 5.9% and profits at 0.0% CAGR. In effect, the business treads water. The stock gains 1.3% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 5.9% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of Repro India Limited.
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