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Earnings Call Transcript

Technocrats Plasma Systems Earnings Call Transcript: Key Takeaways

H1 FY27 revenue ₹103.6 Cr (+97.4%) and PAT ₹11.9 Cr (+50.8%). Profit lags sales, while receivables and inventory surged and operating cash flow turned negative.

Technocrats Plasma Systems Q2 FY27 concall: date, live audio and summaryConcall page →
Guidance and delivery
Management target Revenue 45.0% FY27
Highlights
Revenue growth97.4% YoY to ₹103.6 Cr; organic split not stated.
MarginsEBITDA margin 16.5%, PAT margin 11.5%; prior-period margin not stated.
Order book~₹60 Cr current order book, to execute in H2 FY27.
Demand visibilityInquiries from infra, shipbuilding, defence, steel; order book ~₹60 Cr.
Management confidenceDefensive on working capital; optimistic on growth, evasive on H2 details.

Growth

EBITDA (+78%) and PAT (+50.8%) trail revenue (+97.4%), implying margin pressure. Management cites war-driven input cost inflation.

Outlook

Aims for approximately 45–50% FY27 revenue growth, with no H2 split given. Claims 40–50% in-house margins versus 15–20% on outsourced jobs.

Risks

Receivables rose ₹21→68 Cr, inventory ₹33→53 Cr, operating cash flow about −₹50 Cr. ₹34 Cr IPO proceeds still undeployed.

Source

Earnings Call Transcript filed with BSE, BSE: 544877. Summary written with AI assistance from the document.

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Technocrats Plasma Systems Ltd: key numbers

Share price
₹409.90
Market cap
₹717.3 Cr
Revenue (annual)
₹131.3 Cr
Net profit (annual)
₹14.94 Cr
P/E (TTM)
48.0×Sector 51.9×
Promoter holding
64.00%
FII holding
0.79%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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