GMR Airports Limited (GMRAIRPORT) showcased a resilient business performance driven by improvements in both aero and non-aero revenues despite muted traffic in Q2FY27. Total income increased by 12% year-on-year to INR 4,188 crores, while EBITDA rose by 2% to INR 1,569 crores. The company reported a PAT of INR 65 crores in Q2FY27, marking the fifth consecutive quarter of positive PAT.

Key Developments

GMR Airports Limited made significant strides in its airport non-aero businesses. Notably, GMR Hospitality Limited, a 70% owned subsidiary of GMRAIRPORT, won the bid for designing, financing, developing, setting up, operating, managing, and maintaining the F&B outlets at the Terminal 3 of Delhi Airport for an initial period of up to May 2036, extendable by 10 additional years.

Credit Rating Upgrades and Refinance Activities

GMR Airports Limited undertook several credit rating upgrades and refinance activities. Delhi Airport raised INR 35 billion through 15-year non-convertible debentures (NCDs) at an interest rate of 8.71% per annum payable quarterly, using the proceeds to refinance US$ 522.6 million of notes. Additionally, S&P upgraded the credit rating on senior secured notes to BB+ from BB.

Steadily Advancing Airport Land Development Activities

Construction activities are steadily advancing across various projects. For instance, Delhi Airport’s self-development project, Aerocity One, is a commercial office building with a built-up area of ~1 million sq.ft., with pre-leasing discussions underway with marquee clients. Moreover, the build-to-suit Terminal Hotel, Taj, is expected to commence partial operations in Q4FY27.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of GMR AIRPORTS LIMITED

GMR AIRPORTS LIMITED belongs to the Industrials › Airports & Air Services sector. Here’s a quick read on where the business and the stock stand today.

GMR drops 19.0% over three months and trades near its 52-week lows. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. No meaningful dividend — total return is entirely dependent on capital appreciation. The stock sits at 17% 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 31.8% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of GMR AIRPORTS LIMITED.

R R Kabel Limited (RRKABEL) has announced its financial results for the quarter and half year ended on September 30, 2026, marking a significant milestone with record-breaking performance. The company reported a 55% year-on-year (YoY) revenue growth for H1 FY27, reaching Rs. 64,522 million, driven by robust volume growth and higher realizations. The operating EBITDA surged by 79% YoY to Rs. 5,714 million, while the profit after tax (PAT) also saw an impressive 87% YoY increase to Rs. 3,858 million.

Operational Highlights

The Wires & Cables (W&C) segment continued its strong growth momentum, supported by robust performance in both domestic and export markets. The segment’s profit grew by 78% YoY, with margins expanding by 124 basis points (bps). The Fast Moving Electrical Goods (FMEG) segment also recorded healthy revenue growth across key product categories, with a year-on-year improvement in segment loss margins.

Financial Performance

The company’s revenue from operations for Q2 FY27 was Rs. 32,840 million, a 52% increase YoY, and the operating EBITDA stood at Rs. 2,862 million, marking a 63% YoY growth. The EBITDA margin improved by 58 bps to 8.7%, while the PAT margin rose by 110 bps to 6.0%. Commenting on the results, Mr. Mahendrakumar Kabra, MD, said, “We have recorded our highest-ever half-yearly revenue, operating EBITDA, and PAT, reflecting the strength of our business model and disciplined execution across the organization.”

Looking ahead, R R Kabel Limited remains focused on sustaining growth momentum, strengthening operating efficiencies, and driving profitable growth across its businesses.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of R R Kabel Limited

R R Kabel Limited belongs to the Industrials › Electrical Equipment & Parts sector. Here’s a quick read on where the business and the stock stand today.

R posts a 4.1% three-month gain, but softens in the last few weeks. Thin margins at 5.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 20.1% and profits at 37.4% CAGR. Both numbers are exceptional. The stock gives back 0.4% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 20.1% and profits at 37.4%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of R R Kabel Limited.

PNC Infratech Limited (PNCINFRA) announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company reported a significant surge in standalone revenue, EBITDA, and PAT for Q2 FY27. Notably, the standalone revenue reached Rs. 1146 crore, EBITDA stood at Rs. 138 crore, and PAT was Rs. 73 crore respectively.

Standalone Financials

The standalone performance for Q2 FY27 showed a robust increase compared to the same period last year. The revenue climbed from Rs. 983 crore in Q2 FY26 to Rs. 1146 crore in Q2 FY27. EBITDA also saw a substantial rise from Rs. 136 crore to Rs. 138 crore. The PAT increased from Rs. 86 crore to Rs. 73 crore. These figures highlight the company’s strong operational performance and effective cost management.

Consolidated Financials

Consolidated financial results for Q2 FY27 also reflected a healthy growth trajectory. The consolidated revenue for Q2 FY27 was Rs. 1322 crore, up from Rs. 1128 crore in Q2 FY26. The consolidated EBITDA increased from Rs. 253 crore to Rs. 279 crore. The PAT rose from Rs. 216 crore to Rs. 115 crore. These consolidated figures underscore the company’s expanding market presence and diversified revenue streams.

As a result, the half-yearly financials for FY27 also showed impressive growth. The H1 FY27 standalone revenue was Rs. 2664 crore, EBITDA Rs. 513 crore, and PAT Rs. 343 crore. On a consolidated basis, H1 FY27 revenue was Rs. 3011 crore, EBITDA Rs. 802 crore, and PAT Rs. 447 crore. These results were bolstered by significant arbitration awards and asset monetization gains, contributing to the company’s robust financial health.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of PNC Infratech Limited

PNC Infratech Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.

PNC drops 41.2% over three months and trades near its 52-week lows. The PEG of 0.63 signals undervaluation relative to growth. It is a potential re-rating candidate. No meaningful dividend — total return is entirely dependent on capital appreciation. Sellers drive 1.6x the volume of buyers. Furthermore, they controlled 17 of recent sessions versus 13 for buyers — a clear distribution signal. Revenue grows at -14.0% CAGR — a respectable pace. However, the stock drops 41.2% in three months without an obvious fundamental trigger. Sector-wide pressure or a valuation re-rating can persist for longer than expected. Therefore, there is no rush to step in. Check Fundamentals of PNC Infratech Limited.