Kheria Autocomp Limited (KHERIAAUTO)

In its maiden earnings call post-listing on NSE Emerge, Kheria Autocomp reported a 31.38% YoY increase in H1 FY27 revenue from operations to ₹72.27 crore. EBITDA grew 31.45% YoY to ₹12.75 crore with margins steady at 17.6%, while PAT rose 38.58% YoY to ₹6.28 crore. The existing facility operated at 98.9% capacity utilization in H1 FY27, prompting an ongoing ₹65+ crore capex to add 2,400 MTPA capacity at Sanand-II. Management confirmed commercial production at the new facility remains on track for early 2027.

• Revenue from operations grew 31.38% YoY to ₹72.27 crore in H1 FY27 compared to ₹55.01 crore in H1 FY26
• EBITDA increased 31.45% YoY to ₹12.75 crore with a stable EBITDA margin of 17.6%
• PAT rose 38.58% YoY to ₹6.28 crore, expanding PAT margin by 45 bps to 8.67%
• Existing capacity utilization stood at 98.9% with production of 2,673 MT against 5,400 MTPA installed capacity
• Sanand-II expansion involves over ₹65 crore capex to add 2,400 MTPA, raising total capacity to 7,800 MTPA

Kheria Autocomp Limited has released its investor presentation covering H1 FY27 performance and operational metrics. In FY26, the company generated revenue of ₹120.01 crore with an EBITDA margin of 19.1% and net profit of ₹11.42 crore. Operating near peak utilisation at 93.73% on its 5,400 MTPA base, the company is progressing with Plant II at GIDC Sanand-II, Gujarat, which will add 2,400 MTPA (~44% capacity expansion). As of FY26, capital work-in-progress stood at ₹18.41 crore to support this expansion.

• FY26 revenue from operations reached ₹120.01 crore with an EBITDA margin of 19.1% and PAT margin of 9.5%
• Existing capacity of 5,400 MTPA operating at 93.73% capacity utilisation in FY26
• Under-construction Plant II in GIDC Sanand-II to add 2,400 MTPA, representing a ~44% capacity addition
• Capital Work-in-Progress stood at ₹1,841.15 lakhs (₹18.41 crore) as of FY26
• Return on Equity (ROE) stood at 33.72% with ROCE of 26.89% in FY26

Kheria Autocomp reported its H1 FY27 results (half-year ended September 30, 2026), posting a 31.4% YoY rise in revenue from operations to ₹72.27 crore (₹7,226.96 lakhs). Net profit increased 38.6% YoY to ₹6.28 crore (₹627.98 lakhs) driven by capacity expansion and operational leverage, though it declined 8.5% compared to the preceding half-year. Net worth surged 121.1% to ₹87.39 crore following its IPO of 45.98 lakh shares and listing on the NSE Emerge platform on September 24, 2026. Total borrowings decreased 12.8% to ₹30.56 crore, while cash balances reached ₹22.24 crore due to unutilized IPO proceeds.

• Revenue from operations grew 31.4% YoY to ₹7,226.96 lakhs from ₹5,500.63 lakhs.
• Profit after tax grew 38.6% YoY to ₹627.98 lakhs from ₹453.15 lakhs in the corresponding period.
• Company completed IPO of 45,98,400 equity shares, listing on NSE Emerge on September 24, 2026.
• Net worth increased 121.1% to ₹8,739.01 lakhs as of September 30, 2026, compared to ₹3,952.48 lakhs as of March 31, 2026.
• Total borrowings reduced 12.8% from ₹3,502.59 lakhs to ₹3,055.89 lakhs.

Kheria Autocomp reported operating at 98.9% capacity utilization in H1 FY27 with production of 2,673 MT and revenue growing 31.38% YoY to ₹72.27 crore. To address capacity constraints, the company is investing over ₹65 crore in a new facility at Sanand-II, funded by ₹39.96 crore from IPO proceeds and ₹25.04 crore from promoter infusion. The project adds 2,400 MTPA (+44%) to bring total capacity to 7,800 MTPA, with commercial production targeted for January 2027.

• H1 FY27 revenue grew 31.38% YoY to ₹72.27 crore with capacity utilization reaching 98.9% (2,673 MT produced).
• Expanding installed capacity by 44% from 5,400 MTPA to 7,800 MTPA via the new Sanand-II facility.
• Project capex exceeds ₹65 crore, funded through ₹39.96 crore IPO proceeds and ₹25.04 crore promoter infusion.
• Commercial production from the Sanand-II facility is scheduled to start in January 2027.