Elpro Internatio Q2 FY27 Results (NSE: ELPROINTL)
Signal: Slipped to loss
The read
The key inflection is a consolidated reversal from ₹11,613.50 lakh PAT in Q1FY27 to ₹-3,652.06 lakh in Q2FY27: standalone operations remained profitable at ₹1,502.97 lakh, but subsidiary losses, negative consolidated revenue of ₹-599.77 lakh and finance costs of ₹3,068.73 lakh overwhelmed the parent.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹-6 Cr | -111.2% | -104.3% |
| Net profit | ₹-36.52 Cr | -425.5% | |
| EPS | ₹-2.15 | -425.8% | |
| EBIT margin | N/A |
P&L walk
Consolidated revenue deteriorated from ₹5,353.09 lakh in the year-ago quarter and ₹13,869.98 lakh in the prior quarter to ₹-599.77 lakh, while finance costs rose to ₹3,068.73 lakh and the group swung to a ₹-3,652.06 lakh loss.
Segments
The standalone segment table shows real estate driving revenue at ₹3,261.07 lakh, up 18.8% YoY, while investment activity generated ₹1,986.39 lakh of result, but the consolidated group was dragged down by subsidiaries reporting ₹-8,785.00 lakh of quarterly revenue and ₹-10,274.96 lakh of PAT.
Key positives
- Standalone PAT increased to ₹1,502.97 lakh from ₹134.58 lakh YoY, while EPS rose to ₹0.89 from ₹0.08.
- Standalone real-estate revenue increased 18.8% YoY to ₹3,261.07 lakh, and investment activity result increased 70.3% YoY to ₹1,986.39 lakh.
- Standalone operating cash flow improved to ₹561.28 lakh in H1FY27 from ₹46.67 lakh in H1FY26.
Key concerns
- Consolidated revenue fell to ₹-599.77 lakh from ₹5,353.09 lakh YoY and ₹13,869.98 lakh sequentially.
- Consolidated PAT swung to a ₹-3,652.06 lakh loss from ₹1,122.01 lakh profit YoY and ₹11,613.50 lakh profit sequentially.
- Finance costs increased 16.1% YoY to ₹3,068.73 lakh, while consolidated subsidiary PAT was ₹-10,274.96 lakh for the quarter.
- Standalone profitability was materially supported by ₹2,988.61 lakh of other income versus ₹3,423.80 lakh of operating revenue.
Research and educational content only. Not investment advice.