| Revenue growth | Revenue +28% YoY, +16% QoQ to ₹1,143 mn |
|---|---|
| Margins | EBITDA margin 36%, down from 39% QoQ, 38% YoY |
| Order book | BHEL ₹4,807 mn 1,200 TPD ASU order (Sep 2026) |
| Demand visibility | BHEL ₹4,807 mn order; gases growth across all products |
| Management confidence | Momentum expected to strengthen in H2FY27 |
Growth
Revenue +28% YoY, +16% QoQ; EBITDA margin 36% vs 38% YoY. Gases revenue +27% YoY.
Outlook
No numeric growth guidance. Capex ₹2,500 mn FY27, ₹2,000 mn FY28; North/West merchant plants in FY28.
Risks
Higher transport and power costs (power +40% YoY) and salary arrears weigh on margins; freight pass-through still under negotiation.
Last quarter's promises, checked
Delivered
- Guided ≥600 TPD onsite inquiries → 1,200 TPD BHEL ASU won (= BEAT)
Partly delivered
- Guided East India 320 TPD revenue from Q2 → commissioned; plant revenue not disclosed (= PARTIAL)
- Guided FY27 capex ₹2,500 mn → reiterated; spend not disclosed (= PARTIAL)
Missed
- Guided EBITDA margin ≥40% → 36% (= MISS)
- Guided power cost control → power +40% YoY (= MISS)
Investor Presentation filed with NSE, NSE: ELLEN. Summary written with AI assistance from the document.
Ellenbarrie Industrial Gases Ltd: key numbers
- Share price
- ₹346.60
- Market cap
- ₹4,885 Cr
- Revenue (annual)
- ₹341.6 Cr
- Net profit (annual)
- ₹104.4 Cr
- P/E (TTM)
- 40.5×Sector 51.9×
- Promoter holding
- 77.15%+0.00% QoQ
- FII holding
- 0.65%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ellenbarrie Industrial Gases Ltd
All →Ellenbarrie Industrial Gases Results Update
Ellenbarrie reported Q2 FY27 revenue up 28% to ₹114.3 crore; EBITDA rose 21% to ₹40.7 crore. PAT fell 3% to ₹35.6 crore against a prior-year tax credit.
Ellenbarrie Industrial Gases Q2 FY27 Results: Net Profit ₹35.6 Cr, Down 3.0% YoY
Ellenbarrie Industrial Gases Ltd reported revenue from operations of ₹114.3 Cr (+28.1% YoY) and net profit of ₹35.6 Cr (-3.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹35.6 Cr · -3.0% YoY
Ellenbarrie Industrial Gases Other Announcement
The company filed its quarterly shareholding pattern as of September 30, 2026, in compliance with SEBI Regulation 31(1)(b).
Ellenbarrie Industrial Gases Board Meeting Date
Ellenbarrie Industrial Gases Limited has scheduled a board meeting on 04-Nov-2026 to approve standalone half-yearly unaudited financial results.
Ellenbarrie Industrial Gases Bags ₹480.7 Cr Order from Bharat Heavy Electricals Limited
Ellenbarrie Industrial Gases Limited won a ₹480.73 crore contract from BHEL to supply and erect a Cryogenic Air Separation Unit over 24 months.
- Value
- ₹480.7 Cr
- From
- Bharat Heavy Electricals Limited (BHEL)
- Execution
- 24 months
- ASU capacity
- 1200.0 TPD
Ellenbarrie Industrial Gases Credit Rating
CRISIL Ratings has assigned a 'CRISIL A/Stable' long-term and 'CRISIL A1' short-term rating to Ellenbarrie Industrial Gases Limited's Rs. 50 Crore bank loan facilities.
- Value
- ₹50.00 Cr