ASMTECASM Technologies Ltd.
ASM Technologies Q2 FY27 Results: Consolidated Net Profit ₹28.90 Crore on Total Income of ₹269 Crore
- Earnings
- IT services and engineering
Reviewed byKeshav SehgalBlacklitt Research
ASM Technologies (NSE: ASMTEC) reported consolidated total income of ₹269.01 crore and net profit of ₹28.90 crore for the quarter ended 30 Sep 2026, it said in a filing on 07 Nov 2026. Standalone total income was ₹222.91 crore and standalone net profit ₹27.11 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹269.01 crore, up 72.7% YoY and 33.9% QoQ
- Net profit and EPS: ₹28.90 crore; basic EPS ₹18.39
- Profit before tax: ₹36.27 crore, up 5.2% from ₹34.48 crore in Q1 FY27
Standalone
The company on its own, without its subsidiaries
- Total income: ₹222.91 crore, up 56.3% YoY and 13.7% QoQ
- Net profit and EPS: ₹27.11 crore, up 36.8% YoY; basic EPS ₹18.58
- Finance costs: ₹6.32 crore, 2.8% of total income
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 269.01 | 155.74 | +72.7% | 200.85 | +33.9% | |
| Revenue from operations | 268.37 | 151.46 | +77.2% | 198.82 | +35.0% |
| Other income | 0.64 | 4.28 | -85.0% | 2.03 | -68.5% |
| 28.90 | n/a | n/a | n/a | n/a | |
| Profit before tax | 36.27 | n/a | n/a | 34.48 | +5.2% |
| Tax expense | 7.38 | n/a | n/a | n/a | n/a |
| EPS, basic (₹) | 18.39 | n/a | n/a | n/a | n/a |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Revenue from operations rose 77.2% YoY to ₹268.37 crore, while other income fell 85.0% to ₹0.64 crore, which is 0.2% of total income this quarter.
The statement does not give consolidated finance costs or depreciation for the quarter.
The auditors' limited review carries an emphasis of matter on Note 7, covering non-current investments in Eclectic 1Q (formerly Polylogyx) and Lavelle Networks Private Limited, carried at ₹8.03 million and ₹55.00 million against fair values of ₹12.65 million and ₹64.25 million. The company is still obtaining valuation reports for them. A second emphasis of matter, on Note 8, concerns the stabilisation of the new TCS iON ERP system, where management says unrectified errors are not expected to have a material impact on the financial results.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 222.91 | 142.65 | +56.3% | 196.09 | +13.7% | |
| Revenue from operations | 221.44 | 139.06 | +59.2% | 193.69 | +14.3% |
| Other income | 1.47 | 3.59 | -59.1% | 2.40 | -38.9% |
| 27.11 | 19.82 | +36.8% | 27.04 | +0.3% | |
| Profit before tax | 37.47 | 27.07 | +38.4% | 39.22 | -4.5% |
| Finance costs | 6.32 | n/a | n/a | n/a | n/a |
| Depreciation | 4.39 | n/a | n/a | n/a | n/a |
| Tax expense | 10.36 | 7.25 | +42.9% | 12.18 | -15.0% |
| Net profit margin | 12.16% | 13.90% | -1.73 pp | 13.79% | -1.63 pp |
| EPS, basic (₹) | 18.58 | 13.57 | +36.9% | 18.53 | +0.3% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 36.8% YoY to ₹27.11 crore, slower than total income, which rose 56.3%, and slower than profit before tax, which rose 38.4%. Tax expense of ₹10.36 crore is 27.6% of profit before tax of ₹37.47 crore, against ₹7.25 crore a year earlier.
Standalone net profit was almost flat QoQ, up 0.3%, while total income rose 13.7%. Finance costs of ₹6.32 crore and depreciation of ₹4.39 crore are shown for the quarter.
Inference
The filing shows dividends paid, including tax on dividend, of ₹252.82 million in the half-year cash flow statement, on both standalone and consolidated bases. The consolidated balance sheet shows non-controlling interest of ₹446.02 million, which the filing does not describe.
The filing does not say why consolidated net profit is ₹1.79 crore above standalone, or what the valuation reports on the two investments will show.
Filed with BSE on . Reference: Original filing (PDF)
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