Him Teknoforg. Q1 FY27 Results (BSE: 505712)
Signal: Steady quarter
The read
The key inflection is operating profit acceleration: revenue grew 17.4% YoY, EBITDA grew 28.2% to ₹13.87 crore and EBIT grew 35.5% to ₹11.07 crore, lifting PAT 44.6% to ₹4.15 crore; however, EPS growth of 32.3% lagged PAT, which weakens the per-share quality of the improvement.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹118.28 Cr | 17.4% | N/A |
| EBIT | ₹11.07 Cr | 35.5% | |
| Net profit | ₹4.15 Cr | 44.6% | |
| EPS | ₹4.01 | 32.3% | |
| EBIT margin | 11.7% |
P&L walk
Standalone revenue was ₹118.28 crore, up 17.4% YoY; EBITDA rose faster at 28.2% to ₹13.87 crore and EBIT increased 35.5% to ₹11.07 crore, supporting PAT growth of 44.6% to ₹4.15 crore, while EPS growth of 32.3% trailed PAT growth.
Key positives
- EBITDA of ₹13.87 crore grew 28.2% YoY versus revenue growth of 17.4%, indicating stronger operating conversion and an 11.7% EBITDA margin.
- EBIT grew 35.5% YoY to ₹11.07 crore, ahead of revenue growth of 17.4%, while PAT rose 44.6% to ₹4.15 crore.
- Other income was only ₹0.5 crore against PBT of ₹5.5 crore, so the earnings-quality flag is clean and the profit increase was not materially driven by treasury or exceptional income.
Key concerns
- EPS rose 32.3% YoY to ₹4.01, trailing PAT growth of 44.6% to ₹4.15 crore; the filing does not explain whether this reflects dilution or a higher minority-interest share.
- The filing does not disclose volumes, realisation, raw-material costs, order book, capacity utilisation or balance-sheet trends, limiting assessment of the durability of the margin improvement.
Research and educational content only. Not investment advice.