Tamboli Industri Q2 FY27 Results (NSE: TAMBOLIIN)
Signal: Earnings grew
The read
The trajectory is a trading-led earnings acceleration rather than broad-based manufacturing momentum: consolidated revenue rose 22.7% YoY to ₹2,353.24 lakh, but PBT grew 66.5% and PAT 76.2% as trading activities generated ₹462.62 lakh of segment result while manufacturing revenue declined 70.8%.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹23.53 Cr | +22.7% | +27.7% |
| Net profit | ₹3.41 Cr | +76.2% | |
| EBIT margin | N/A |
P&L walk
Revenue increased to ₹2,353.24 lakh, up 22.7% YoY and 27.7% QoQ, while PBT rose 66.5% YoY to ₹473.05 lakh and PAT rose 76.2% to ₹341.42 lakh, led primarily by trading activities.
Segments
Trading activities drove the group, contributing ₹2,303.30 lakh of revenue and ₹462.62 lakh of segment result; manufacturing revenue fell 70.8% YoY to ₹80.58 lakh and its result fell 74.9% to ₹33.81 lakh, partially offsetting the trading-led acceleration.
Key positives
- Consolidated revenue reached ₹2,353.24 lakh, up 22.7% YoY and 27.7% QoQ, reversing the preceding quarter's lower base of ₹1,842.89 lakh.
- Consolidated PBT rose 66.5% YoY to ₹473.05 lakh and PAT rose 76.2% to ₹341.42 lakh.
- Trading activities generated ₹462.62 lakh of segment result on ₹2,303.30 lakh of revenue, making them the clear earnings engine.
- Consolidated segment assets increased to ₹14,324.21 lakh from ₹13,468.93 lakh at FY26-end, while H1 operating cash flow was positive at ₹398.54 lakh.
Key concerns
- Manufacturing revenue declined 70.8% YoY to ₹80.58 lakh and manufacturing segment result declined 74.9% to ₹33.81 lakh, so the quarter's growth was not broad-based.
- Trading activities supplied ₹462.62 lakh of segment result against consolidated PBT of ₹473.05 lakh, indicating high dependence on the trading segment for reported earnings.
- The supplied extract does not provide a legible consolidated EBITDA, EBIT or EPS series, limiting assessment of recurring operating margins and per-share compounding.
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