ALFA Finder
The call ran from 10:31 AM to 11:12 AM IST (42 min).
Key takeaways
Mallcom delivered a profitability recovery despite an export slowdown, leveraging domestic demand and lower material costs.
| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | Operating revenue grew 3% YoY to ₹143 Cr in Q2. |
|---|---|
| Margins | EBITDA margins expanded 350 bps YoY to 10.61%. |
| Order book | Healthy order book and robust inquiry pipeline reported. |
| Demand visibility | Strong domestic demand; European export markets showing signs of bottoming out. |
| Management confidence | Optimistic regarding H2 recovery led by domestic orders and exports. |
Growth
Domestic revenue surged 23% YoY, offsetting sluggish international performance in Europe.
Outlook
Management maintains ₹600 Cr revenue target for FY27, implying significant H2 acceleration.
Risks
Prolonged European economic downturn and BIS implementation delays in non-footwear segments pose risks.
Last quarter's promises, checked
Delivered
- Guided India 'more confident' (qualitative) → Domestic +23% YoY (= BEAT)
Partly delivered
- Guided ₹600 Cr FY27 → H1 ₹253 Cr, needs ₹347 Cr in H2 (= PARTIAL, FY open)
- Guided Sanand ₹40 Cr FY27 minimum, 'on track' → Q2 Sanand not disclosed (= PARTIAL, unverified)
Missed
- Guided ~₹20 Cr Europe sales recovery → International flat at ₹74 Cr, no Europe recovery disclosed (= MISS)
- Guided double-digit growth (Q1 self-admitted miss) → Q2 revenue +3% YoY (= MISS)
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Mallcom (India) Q2 FY27 Results: Net Profit ₹7.7 Cr, Up 108.1% YoY
Mallcom (India) Ltd announced its Q2 and H1 FY27 unaudited standalone and consolidated financial results for the period ended September 30, 2026. Consolidated Q2 total income was ₹14,433.09 lakhs and PAT was ₹774.46 lakhs.
- Key figure
- Net profit ₹7.7 Cr · +108.1% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Capex of ₹10-15cr planned for FY27. Targeted minimum growth of 10-12% for the current year.
Growth they described
FY26 Revenue up 11% YoY; Q4 revenue up 7% YoY. Domestic segment expanded 20% YoY.
Call details
| Company | Mallcom (india) Ltd |
|---|---|
| NSE symbol | MALLCOM |
| ISIN | INE389C01015 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 13 November 2026 |
| Time | 10:30 AM IST |
| Length | 42 min |
| Audio | Our stream on YouTube ↗ |
Mallcom (india) Ltd: key numbers
- Share price
- ₹875.00
- Market cap
- ₹546.0 Cr
- Revenue (annual)
- ₹539.6 Cr
- Net profit (annual)
- ₹30.04 Cr
- P/E (TTM)
- 17.8×Sector 47.6×
- Promoter holding
- 74.15%+0.47% QoQ
- FII holding
- 0.00%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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