| Management target | Revenue 15.0% FY27 |
|---|
| Revenue growth | Revenue +48% YoY to ₹238 Cr; H1 +42% to ₹460.5 Cr. |
|---|---|
| Margins | EBITDA margin 8.5% vs 7.8% YoY; H1 9%; FY27 target 11–12%. |
| Demand visibility | Demand firm; utilisation ~70%, targeting ~80% this FY. |
| Management confidence | Confident tone; redirected margin questions to per-ton metrics. |
Growth
Revenue +48% (volume +21%, realisation +22%); EBITDA +61% to ₹20.3 Cr; PAT +54%. Price contributed ₹43.6 Cr of the ₹77 Cr revenue increase, so growth is mostly pricing.
Outlook
FY27: revenue growth ~15% (stated as an objective) and EBITDA margin 11–12%. Utilisation ~80%. FY27 capex ₹20–25 Cr. Kutch plant ₹22–25 Cr, commissioning by Mar-2027. Subsidies ₹35 Cr.
Risks
Finance cost +147% YoY. An analyst flagged negative H1 cash flow and management's answer was unclear. The FY27 margin target depends on utilisation ramp, solar savings and subsidies.
Last quarter's promises, checked
Delivered
- Guided rev ~15% → H1 +42% (= BEAT)
- Guided util ~70% → ~70% (= BEAT)
Partly delivered
- Guided util 80% → ~70% (= PARTIAL)
- Guided Kutch ₹20–25 Cr, Mar-27 → on track (= PARTIAL)
- Guided ₹35 Cr subsidy → approved, cash timing unconfirmed (= PARTIAL)
Missed
- Guided EBITDA >10% → Q2 8.5% (= MISS)
- Guided finance cost ~₹3 Cr → +147% YoY (= MISS)
- Guided debt repayment → H1 cash flow negative (= MISS)
Earnings Call Transcript filed with NSE, NSE: PYRAMID. Summary written with AI assistance from the document.
Pyramid Technoplast Ltd: key numbers
- Share price
- ₹147.72
- Market cap
- ₹543.4 Cr
- Revenue (annual)
- ₹680.9 Cr
- Net profit (annual)
- ₹28.82 Cr
- P/E (TTM)
- 15.7×Sector 47.2×
- Promoter holding
- 74.96%+0.02% 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 Pyramid Technoplast Ltd
All →Pyramid Technoplast Investor Presentation: Key Takeaways
Q2FY27 revenue ₹238.0 Cr (+48% YoY), EBITDA ₹20.3 Cr (8.5% margin), PAT ₹9.5 Cr (+54%). Volume-led recovery, utilisation 70%; FY27 EBITDA margin guided 11–12%.
- Call
- Guides 15% growth
Pyramid Technoplast Q2 FY27 Results: Net Profit ₹9.5 Cr, Up 53.2% YoY
Pyramid Technoplast Ltd reported revenue from operations of ₹238 Cr (+48.0% YoY) and net profit of ₹9.5 Cr (+53.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹9.5 Cr · +53.2% YoY
Pyramid Technoplast Board Meeting Date
Pyramid Technoplast announced a board meeting on 6 November 2026 to consider unaudited September quarter results. Trading window closes from 1 October 2026.
Pyramid Technoplast Other Announcement
Pyramid Technoplast Ltd has filed its quarterly shareholding pattern under Regulation 31(1)(b). This disclosure provides a breakdown of shareholding across various categories.
Pyramid Technoplast Credit Rating
Acuite Ratings has reaffirmed Pyramid Technoplast Limited's long-term rating at ACUITE A- (Stable). The short-term rating was also reaffirmed at ACUITE A2+ for Rs.235 Crore bank facilities.
- Value
- ₹235.0 Cr
Pyramid Technoplast Capacity Expansion
Pyramid Technoplast received GPCB authorization to recycle 960 MT of industrial packaging waste annually. This regulatory permit expands its operations into third-party waste management services.
- annual recycling capacity
- 960.0 MT