Jyoti CNC Automation (JYOTICNC) Q2 26/27 earnings summary

Executive summary

• Standalone Q2 FY27 revenue from operations was ₹587.53 Cr (+31.1% YoY), EBITDA ₹163.85 Cr (+48.3%) and net profit ₹114.89 Cr (+45.6%).

• Consolidated Q2 revenue from operations was ₹602.01 Cr (+18.5% YoY), EBITDA ₹131.33 Cr (+5.4%) and net profit ₹72.58 Cr (-15.1%).

• Record quarterly dispatches reached 1,900 machines; ₹809 Cr of Q2 order intake lifted the September 30 order book to ₹5,082 Cr.

Financial highlights

• Standalone H1 FY27 revenue from operations was ₹1,096.6 Cr (+33.6% YoY), EBITDA ₹302.5 Cr (+44.7%) and net profit ₹202.36 Cr versus ₹151.06 Cr.

• Consolidated H1 revenue from operations was ₹1,110.5 Cr (+21.0% YoY), EBITDA ₹240.2 Cr (+6.8%) and net profit ₹129.72 Cr versus ₹156.92 Cr.

• Q2 machine sales were 1,911 versus 1,315 a year earlier; H1 deliveries totaled 3,317 machines.

• Huron reported ₹42 Cr of Q2 dispatches, while consolidated recognized revenue was ₹15 Cr after intercompany eliminations.

Outlook and guidance

• FY27 guidance calls for more than 8,000 machines, 25%–30% combined volume growth and a 25% EBITDA margin by year-end.

• Management expects an H1/H2 contribution split of 40%/60%, with stronger H2 performance supported by added capacity.

• Huron remains on track for ~₹300 Cr FY27 revenue, mainly in Q3 and Q4; ₹80–100 Cr of Q3 dispatches was described as reasonable, with earlier EBITDA margin guidance of 5%–10%.

• Average realization is expected at ₹35–36 lakh over the next 2–3 years; Q2 realization was cited at ₹32 lakh, with a near-term ₹32–35 lakh range.