ASM Technologies (526433) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 revenue from operations rose 74% YoY to ₹268.4 Cr; EBITDA was ₹59.0 Cr and PAT ₹30.7 Cr. H1 revenue rose 68% to ₹467.2 Cr.

• H1 consolidated revenue was ₹4,671.85 million vs ₹2,773.75 million; net profit was ₹613.01 million vs ₹346.93 million.

• Order book and enquiry pipeline provided healthy H2 visibility; expansion and AI adoption remain priorities.

• Declared a second interim dividend of ₹6 per share, payable by December 5, 2026; record date November 16, 2026.

Financial highlights

• Q2 revenue ₹268.4 Cr, up 74%; EBITDA ₹59.0 Cr, up 94%; EBIT ₹54.3 Cr, up 90%; PBT ₹48.3 Cr, up 83%; PAT ₹30.7 Cr, up 60%.

• H1 revenue ₹467.2 Cr, up 68%; EBITDA ₹105.2 Cr, up 87%; EBIT ₹97.2 Cr, up 85%; PBT ₹87.3 Cr, up 83%; PAT ₹57.5 Cr, up 66%.

• Standalone H1 revenue was ₹4,151.32 million vs ₹2,481.80 million; net profit was ₹541.48 million vs ₹361.52 million. Standalone Q2 revenue was ₹2,229.05 million vs ₹1,426.47 million; net profit was ₹271.11 million vs ₹198.23 million.

• Q2 EBITDA margin was 22.0% vs 19.7% YoY; H1 margin was 22.5% vs 20.3%. Q2 EPS was ₹23.64 vs ₹13.09; H1 consolidated EPS was ₹42.02 vs ₹23.76.

Outlook and guidance

• Expansion plans extend beyond seven current manufacturing facilities, supported by Karnataka and Tamil Nadu MoUs and approval under the Electronics Component Manufacturing Scheme.

• Karnataka MoU proposes ₹510 Cr of ESDM investment, including a 10-acre facility and planned facilities in Dabaspet and Sriperumbudur.

• AI integration in engineering and manufacturing aims to improve productivity and quality.

• Order book and enquiry pipeline were cited as supporting healthy H2 FY27 visibility.