| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | Revenue ₹633.2 Cr, +7.8% YoY; festive shift distorts Q2 comparison. |
|---|---|
| Margins | EBITDA margin 21.3% vs 24% LY; gross 50.2%, +70bps; no guidance. |
| Demand visibility | Steelware demand exceeds supply; molded furniture volumes weak on polymer spike. |
| Management confidence | Balanced-to-optimistic; hedges margins, refuses guidance, uses 'hope' for FY28-29. |
Growth
Q2 +7.8% YoY, H1 +3.9%; festive shift to Q3 distorts comparison; writing instruments +69.5% carries growth.
Outlook
FY27 revenue ~10% YoY guided; no margin guidance; FY28-29 17-18% met only with 'I hope'.
Risks
Needs steep H2 surge to hit 10% FY27 after 3.9% H1; margins weak; refused margin guidance; steelware ramp delayed.
Last quarter's promises, checked
Delivered
- Cello Pen 'decent revenue growth this year' → writing +69.5% (= BEAT)
- Maintenance-only capex → 'most capex done; maintenance only' (= BEAT)
Partly delivered
- Writing GM to Unomax levels in 'couple of quarters' → growth delivered, margin undisclosed (= PARTIAL)
Missed
- Steel SKUs 20-25 → 50-55 in 'couple of quarters' → still expanding, ramp delayed (= MISS)
- Consumer 'should improve' → consumer wear flat ₹417.2 Cr (= MISS)
- Consumer GM 54-55%, improving → company GM 50.2% vs 52.4%; EBITDA 21.3% vs 22.2% (= MISS)
Earnings Call Transcript filed with NSE, NSE: CELLO. Summary written with AI assistance from the document.
Cello World Ltd: key numbers
- Share price
- ₹365.20
- Market cap
- ₹8,067 Cr
- Revenue (annual)
- ₹2,324 Cr
- Net profit (annual)
- ₹331.5 Cr
- P/E (TTM)
- 26.1×Sector 44.4×
- Promoter holding
- 73.50%-1.50% QoQ
- FII holding
- 2.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Cello World Ltd
All →Cello World Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹633 Cr (+7.8% YoY), EBITDA margin 21.3%, PAT ₹81.9 Cr (-10% YoY). Focus on input-cost inflation, festive demand shifting into Q3, and Rajasthan steel bottle ramp-up.
Cello World Results Update
Cello World's Q2 FY27 revenue rose 7.8% to Rs.633 crore, while PAT fell 10.3%. This investor press release highlights results, not the full statement.
Cello World Other Announcement
Cello World's QIP monitoring report shows no fund deviation for the quarter ended September 2026. Object 1 is delayed, with Rs.1.51 crore unutilised.
Cello World Q2 FY27 Results: Net Profit ₹81.9 Cr, Down 10.3% YoY
Cello World Ltd reported revenue from operations of ₹633.2 Cr (+7.8% YoY) and net profit of ₹81.9 Cr (-10.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹81.9 Cr · -10.3% YoY
Cello World Board Meeting Date
Cello World will hold a board meeting on 05 Nov 2026 to consider September 2026 quarter results. Trading window remains closed until 14 Nov 2026.
Cello World Other Announcement
Cello World Ltd has filed its shareholding pattern for the quarter ended September 30, 2026. This is a routine quarterly compliance disclosure under SEBI regulations.