Moneyview Q2 FY27 Results (NSE: MONEYVIEW)
Signal: Earnings grew
The read
The operating trajectory is positive but not yet clean: consolidated revenue from operations grew 39.2% YoY to Rs. 11,201.19 million and PAT reached Rs. 2,001.16 million, yet the 238.1% PAT growth is materially flattered by the prior-year Rs. 479.46 million cyber-incident exceptional loss and other income fell 86.9% YoY to Rs. 254.41 million.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,145.56 Cr | +14.7% | -1.1% |
| Net profit | ₹200.12 Cr | +238.1% | |
| EPS | ₹1.35 | +419.2% | |
| EBIT margin | 0% |
P&L walk
Consolidated total income increased to Rs. 11,455.60 million, +14.7% YoY and -1.1% QoQ, while PAT rose to Rs. 2,001.16 million, +238.1% YoY, helped by the absence of the prior-year cyber-incident exceptional loss and lower other income volatility.
Segments
No reportable operating segments are disclosed under Ind AS 108; standalone PAT of Rs. 1,648.38 million represented about 82% of consolidated PAT of Rs. 2,001.16 million.
Key positives
- Revenue from operations reached Rs. 11,201.19 million, up 39.2% YoY and 5.2% QoQ, showing continued top-line momentum despite a 1.1% QoQ decline in total income.
- Standalone total income grew 48.2% YoY to Rs. 6,671.21 million and standalone PAT grew 231.1% to Rs. 1,648.38 million, indicating the parent remained the main profit engine.
- Finance costs were Rs. 73.85 million on consolidated total income of Rs. 11,455.60 million, keeping reported funding costs modest relative to the income base.
- Property, plant and equipment rose to Rs. 1,598.27 million from Rs. 1,449.65 million while depreciation also increased to Rs. 239.99 million, a clean capex/depreciation cross-check.
Key concerns
- H1 operating cash flow was negative Rs. 7,809.77 million despite H1 profit of Rs. 3,745.14 million, highlighting cash conversion pressure from lending and working-capital deployment.
- Other income fell 86.9% YoY to Rs. 254.41 million from Rs. 1,944.11 million, making the quarter's profit more dependent on operating and lending performance than the prior-year period.
- Consolidated total income declined 1.1% QoQ to Rs. 11,455.60 million even as revenue from operations grew 5.2% QoQ, indicating a sharp reduction in non-operating income.
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