Prism Johnson Q2 FY27 Results: Consolidated Net Profit ₹208 Crore on Total Income of ₹1,877 Crore
- Earnings
- Building materials
Reviewed byRachit TripathiBlacklitt Research
Prism Johnson (NSE: PRSMJOHNSN) reported consolidated total income of ₹1,877.24 crore and net profit of ₹208.14 crore for the quarter ended 30 Sep 2026, and standalone total income of ₹1,859.71 crore and net profit of ₹40.15 crore, it said in a filing on 06 Nov 2026.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹1,877.24 crore, up 8.0% YoY and 1.1% QoQ
- Net profit: ₹208.14 crore; ₹205.70 crore attributable to owners, against ₹1.59 crore a year earlier
- EPS: ₹4.09, basic and diluted, not annualised
- Discontinued operations: Profit of ₹163.17 crore, including a ₹161.56 crore gain on sale of the insurance subsidiary
Standalone
The company on its own, without its subsidiaries
- Total income: ₹1,859.71 crore, up 7.3% YoY and 1.0% QoQ
- Net profit: ₹40.15 crore, up 124.8% YoY and down 57.3% QoQ
- EPS: ₹0.80, basic, not annualised
- Exceptional gain: ₹32.97 crore from sale of property of RMC Division
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 1,877.24 | 1,737.92 | +8.0% | 1,857.28 | +1.1% | |
| Revenue from operations | 1,867.80 | 1,727.55 | +8.1% | 1,835.23 | +1.8% |
| Other income | 9.44 | 10.37 | -9.0% | 22.05 | -57.2% |
| 208.14 | 1.59 | n/a | 112.70 | +84.7% | |
| Profit before tax | 60.37 | 18.39 | +228.3% | 120.23 | -49.8% |
| Finance costs | 31.19 | 44.10 | -29.3% | 36.83 | -15.3% |
| Depreciation | 115.25 | 137.63 | -16.3% | 122.13 | -5.6% |
| Tax expense | 15.41 | -0.44 | n/a | 26.22 | -41.2% |
| Net profit margin | 11.09% | 0.09% | +11.00 pp | 6.07% | +5.02 pp |
| EPS, basic (₹) | 4.09 | 0.06 | n/a | 2.07 | +97.6% |
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.
Consolidated net profit is far above profit before tax less tax, and the gap is large. The statement shows profit before tax from continuing operations of ₹60.37 crore and tax of ₹15.41 crore, yet net profit of ₹208.14 crore includes ₹163.17 crore from discontinued operations, which is the insurance business sold to QBE. Net profit attributable to owners is ₹205.70 crore after non-controlling interest.
Profit before tax rose 228.3% YoY from a low base of ₹18.39 crore, while total income rose 8.0%. Finance costs fell to ₹31.19 crore from ₹44.10 crore, which is 1.7% of total income this quarter. Other income of ₹9.44 crore, against ₹10.37 crore a year earlier, is 15.6% of profit before tax.
The quarter includes a ₹32.97 crore exceptional gain from sale of property in the RMC Division, and the Nacharam, Hyderabad property was sold in the quarter ended 30 Jun 2026 for ₹34.00 crore. Consolidated net profit rose 84.7% QoQ while total income rose 1.1%, but most of the net profit is the discontinued insurance gain, so the two lines should be read separately.
Consolidated segment revenue for the quarter was ₹773.83 crore for cement, ₹690.19 crore for HRJ and ₹410.09 crore for RMC. The company says the group's debt fell to ₹657.04 crore at 30 Sep 2026 from ₹1,183.23 crore at 30 Jun 2026, and its debt service coverage ratio was 2.93 times.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 1,859.71 | 1,733.46 | +7.3% | 1,840.62 | +1.0% | |
| Revenue from operations | 1,847.23 | 1,714.22 | +7.8% | 1,817.28 | +1.6% |
| Other income | 12.48 | 19.24 | -35.1% | 23.34 | -46.5% |
| 40.15 | 17.86 | +124.8% | 93.97 | -57.3% | |
| Profit before tax | 53.58 | 32.73 | +63.7% | 120.87 | -55.7% |
| Finance costs | 27.55 | 40.28 | -31.6% | 33.76 | -18.4% |
| Depreciation | 106.64 | 122.74 | -13.1% | 113.82 | -6.3% |
| Tax expense | 13.53 | 14.86 | -9.0% | 26.97 | -49.8% |
| Net profit margin | 2.16% | 1.03% | +1.13 pp | 5.11% | -2.95 pp |
| EPS, basic (₹) | 0.80 | 0.35 | +128.6% | 1.87 | -57.2% |
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 of ₹40.15 crore rose 124.8% YoY, faster than total income, which rose 7.3%. Profit before tax rose 63.7% to ₹53.58 crore, and the exceptional gain of ₹32.97 crore from sale of RMC property is part of that figure.
Other income fell 35.1% YoY to ₹12.48 crore and is 23.3% of profit before tax. Tax of ₹13.53 crore is 25.3% of profit before tax. Finance costs fell 31.6% to ₹27.55 crore, which is 1.5% of total income.
Against the prior quarter, standalone net profit fell 57.3% while total income rose 1.0%. The filing does not explain that decline. Standalone outstanding debt fell to ₹488.64 crore from ₹1,047.60 crore at 30 Jun 2026, and standalone other equity is ₹1,182.18 crore.
Inference
The Board approved the results on 6 Nov 2026 and statutory auditors carried out a limited review with an unmodified conclusion. The consolidated figures include the sale of Raheja QBE General Insurance Company Limited, which ceased to be a subsidiary w.e.f. 1 Jul 2026 after the sale of the entire stake to QBE Asia Pacific Holdings Pty Limited for ₹325.87 crore.
The filing does not state the use of the sale proceeds, whether a dividend will be declared, or the reason for the fall in standalone net profit against the prior quarter.
Filed with BSE on . Reference: Original filing (PDF)
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