| Management target | Revenue 50.0% FY27 |
|---|
| Revenue growth | Q2 revenue +53% YoY (~₹40 Cr); H1 +47% to ~₹72 Cr. |
|---|---|
| Margins | EBITDA margin down to 38.65% from 39.67%, blamed on low-margin sales mix. |
| Demand visibility | Strong demand: data centres, semiconductors, airports; utilisation high, capacity raised repeatedly. |
| Management confidence | Over-optimistic: repeatedly claims guidance surpassed; dodged debt-free and margin questions. |
Growth
Q2 revenue +53% YoY (~₹40 Cr); H1 +47% (~₹72 Cr); rental 51.5% of Q2 revenue.
Outlook
FY27 revenue growth ~50% guided; formwork ≥15% of business from next year; 15,000 tonne capacity target, no date.
Risks
EBITDA margin down ~100bp on low-margin sales mix; debt rising to ₹65–70 Cr; formwork ramp unproven.
Earnings Call Transcript filed with BSE, BSE: 544695. Summary written with AI assistance from the document.
Msafe Equipments Ltd: key numbers
- Share price
- ₹268.65
- Market cap
- ₹548.0 Cr
- Revenue (annual)
- ₹103.5 Cr
- Net profit (annual)
- ₹22.42 Cr
- P/E (TTM)
- 24.4×Sector 17.0×
- Promoter holding
- 73.23%+0.00% QoQ
- FII holding
- 1.59%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Msafe Equipments Ltd
All →Msafe Equipments Business Update
MSAFE Equipments announced a Dhanteras puja at its upcoming Mathura integrated manufacturing facility, expected to commence operations by May 2027. The release describes planned capacity expansion but reports no contract, order, or financial value.
Msafe Equipments Management Change
Msafe Equipments' CFO Sombir Bisla resigned effective close of business on 02 November 2026. The company is appointing a successor and will inform exchanges in due course.
Msafe Equipments Investor Presentation: Key Takeaways
Q2FY27 revenue ₹40.38 Cr (+53.6% YoY), PAT ₹8.49 Cr (+55.4%), EBITDA margin 38.65%. H1 revenue ₹72.17 Cr (+47.3%). Rental-led strategy with capacity expansion.
- Call
- Guides 50% growth
Msafe Equipments Other Announcement
Msafe Equipments filed its Q2 FY27 Monitoring Agency Report on IPO proceeds utilization. The MA noted a revised land parcel location and cost (₹31.52 Cr vs. ₹21.75 Cr) and a timeline slip, both previously board-approved.
Msafe Equipments Results Update
Msafe Equipments reported 54% revenue growth and 55% PAT growth in Q2FY27. Rental share rose to 52% as warehouse network expanded from 21 to 24.
- MS scaffolding manufacturing capacity
- 15000.0 tons
Msafe Equipments Q2 FY27 Results: Net Profit ₹8.5 Cr, Up 54.5% YoY
Msafe Equipments Ltd reported revenue from operations of ₹40.4 Cr (+53.6% YoY) and net profit of ₹8.5 Cr (+54.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹8.5 Cr · +54.5% YoY