Pradeep Metals Q2 FY27 Results: Consolidated Net Profit ₹9.40 Crore on Total Income of ₹101 Crore
- Earnings
- Steel forgings
Reviewed byKeshav SehgalBlacklitt Research
Pradeep Metals reported consolidated total income of ₹101.37 crore and net profit of ₹9.40 crore for the quarter ended 30 Sep 2026. Standalone total income was ₹93.37 crore and standalone net profit ₹7.58 crore for the same quarter, according to a filing on 06 Nov 2026.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹101.37 crore, up 18.1% YoY and 4.3% QoQ
- Net profit and EPS: ₹9.40 crore, up 27.2% YoY; basic EPS ₹5.44 against ₹4.28
- Finance costs: ₹2.54 crore, up 50.0% YoY
Standalone
The company on its own, without its subsidiaries
- Total income: ₹93.37 crore, up 13.4% YoY and 1.9% QoQ
- Net profit and EPS: ₹7.58 crore, up 18.0% YoY; basic EPS ₹4.39 against ₹3.72
- Finance costs: ₹2.32 crore, up 54.7% YoY
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 101.37 | 85.86 | +18.1% | 97.15 | +4.3% | |
| Revenue from operations | 100.56 | 85.66 | +17.4% | 95.47 | +5.3% |
| Other income | 0.81 | 0.19 | +317.8% | 1.68 | -51.9% |
| 9.40 | 7.39 | +27.2% | 8.35 | +12.5% | |
| Profit before tax | 12.11 | 10.23 | +18.4% | 10.69 | +13.3% |
| Finance costs | 2.54 | 1.69 | +50.0% | 2.20 | +15.4% |
| Depreciation | 2.53 | 2.55 | -0.9% | 2.55 | -0.9% |
| Tax expense | 2.72 | 2.85 | -4.5% | 2.34 | +16.2% |
| Net profit margin | 9.27% | 8.61% | +0.67 pp | 8.60% | +0.67 pp |
| EPS, basic (₹) | 5.44 | 4.28 | +27.1% | 4.84 | +12.4% |
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.
Consolidated net profit grew faster than total income. Net profit rose 27.2% YoY to ₹9.40 crore while total income rose 18.1%, and profit before tax rose 18.4%, so the gap sits between profit before tax and net profit, where tax expense fell 4.5% to ₹2.72 crore.
Other income is small in the context of the quarter. At ₹0.81 crore it is 0.8% of total income, but it is up from ₹0.19 crore a year earlier. The filing does not give a reason for that rise.
Finance costs rose 50.0% YoY to ₹2.54 crore, which is 2.5% of total income. Depreciation was broadly flat at ₹2.53 crore against ₹2.55 crore a year earlier, so the higher finance costs are the main change below operating profit.
The consolidated results include the subsidiary Pradeep Metals Limited Inc., USA and the step-down subsidiary Dimensional Machine Works LLC, USA. Consolidated net profit is ₹1.82 crore above standalone net profit of ₹7.58 crore.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 93.37 | 82.36 | +13.4% | 91.64 | +1.9% | |
| Revenue from operations | 97.56 | 82.28 | +18.6% | 90.02 | +8.4% |
| Other income | 0.81 | 0.08 | +940.5% | 1.62 | -50.2% |
| 7.58 | 6.42 | +18.0% | 6.18 | +22.6% | |
| Profit before tax | 10.23 | 9.23 | +10.8% | 8.45 | +21.0% |
| Finance costs | 2.32 | 1.50 | +54.7% | 1.99 | +16.9% |
| Depreciation | 2.35 | 2.27 | +3.5% | 2.38 | -1.3% |
| Tax expense | 2.65 | 2.81 | -5.8% | 2.27 | +16.7% |
| Net profit margin | 8.12% | 7.80% | +0.32 pp | 6.75% | +1.37 pp |
| EPS, basic (₹) | 4.39 | 3.72 | +18.0% | 3.58 | +22.6% |
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 18.0% YoY to ₹7.58 crore, faster than total income, which rose 13.4%. Profit before tax rose 10.8% to ₹10.23 crore, so the net profit growth is larger than the pre-tax growth, with tax expense down 5.8% to ₹2.65 crore.
Revenue from operations rose 18.6% YoY to ₹97.56 crore, while other income rose from ₹0.08 crore to ₹0.81 crore. Other income is 7.9% of standalone profit before tax of ₹10.23 crore.
The company attributes revenue growth to strong customer demand, operational excellence and a value-added product portfolio. Standalone finance costs rose 54.7% YoY to ₹2.32 crore, 2.5% of total income.
Inference
The auditor, KKC & Associates LLP, issued unmodified limited review conclusions on both standalone and consolidated results, dated 6 Nov 2026. The board approved the unaudited results for the quarter and half-year ended 30 Sep 2026 on the same date.
For the half year, the filing gives consolidated net profit of ₹17.75 crore and standalone net profit of ₹13.76 crore on a total income of ₹198.52 crore consolidated and ₹190.01 crore standalone.
The company says the new defence manufacturing facility at Butibori, Nagpur is progressing as scheduled, with forging presses and equipment to be installed and commissioned during the rest of FY 2026-27 and hot trials expected to start in Q4 FY 2026-27. The filing does not give the cost or capital expenditure of that facility, nor the reason for the rise in consolidated other income.
Filed with BSE on . Reference: Original filing (PDF)
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