PIL Italica Lifestyle LimitedQ2 FY27 Results & Financial Update
PIL Italica Lifestyle Limited: Q2 FY27 standalone results and company financials – revenue ₹28.45 Cr, PAT ₹0.30 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
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Quarterly Results AnalysisExplore PIL Italica Lifestyle Q2 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
PIL Italica Lifestyle Limited reported revenue from operations of INR 28.45 crore for the quarter ended September 30, 2026, marking a sequential expansion of 69.80% compared to INR 16.71 crore in the preceding quarter ended June 30, 2026.
Total income for Q2 FY27 stood at INR 28.44 crore, supported by other income of INR 0.20 crore, reflecting sequential top-line momentum from the first quarter of the fiscal year.
Profit before tax (PBT) for the standalone entity reached INR 0.41 crore in Q2 FY27, improving from INR 0.25 crore in Q1 FY27.
Profit after tax (PAT) for the quarter was recorded at INR 0.30 crore, representing a sequential increase of 61.66% over the previous quarter's PAT of INR 0.19 crore.
Basic and diluted earnings per share (EPS) for the September 2026 quarter stood at INR 0.01, remaining stable compared to the preceding quarter.
The financial results indicate a recovery in quarterly throughput and profitability relative to the subdued activity levels recorded in the June 2026 quarter, though absolute margins remain thin.
01 · Business model
What does PIL Italica Lifestyle do?
PIL Italica Lifestyle Limited operates primarily in the manufacturing of plastic articles and lifestyle products alongside a secondary financing segment.
The company generates its core revenue from the sale of manufactured plastic goods, serving diverse consumer and institutional markets through its established manufacturing unit based in Udaipur, Rajasthan.
The operating model combines direct manufacturing output of plastic lifestyle goods with asset deployment and interest earnings from its financial segment.
The company functions as a standalone entity with no associates, subsidiaries, or joint ventures as of the reporting date.
02 · Financial snapshot
Current quarter vs the available comparable
| Metric | Q2 FY27 | Previous quarter |
|---|---|---|
| Revenue from operations | ₹28.45 Cr | ₹16.75 Cr |
| Total income | ₹28.45 Cr | ₹16.75 Cr |
| Profit before tax | ₹0.41 Cr | ₹0.25 Cr |
| Profit after tax | ₹0.30 Cr | ₹0.19 Cr |
| EPS | ₹0.01 | ₹0.01 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 1.1% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 1.4% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations increased by 69.80% sequentially to INR 28.45 crore in Q2 FY27 from INR 16.71 crore in Q1 FY27, driven by higher execution across the manufacturing segment.
Manufacturing of plastic articles generated gross sales of INR 27.58 crore during Q2 FY27, while the finance segment contributed gross revenue of INR 0.07 crore.
What drove margins
Cost of materials consumed rose to INR 18.68 crore in Q2 FY27 from INR 7.73 crore in Q1 FY27, accompanied by a negative change in inventories of finished goods amounting to INR 1.69 crore.
Employee benefits expenses stood at INR 3.62 crore, while other expenses were reported at INR 5.52 crore for the quarter.
Finance costs for the quarter were INR 0.40 crore, and depreciation and amortization expenses totaled INR 0.49 crore.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
Generated gross segment revenue of INR 27.58 crore with a segment profit before tax and interest of INR 0.14 crore; segment assets stood at INR 81.65 crore.
Generated gross segment revenue of INR 0.07 crore with a segment result of INR 0.46 crore; segment assets stood at INR 37.13 crore.
05 · Reported developments
What changed operationally
Revenue from operations recovered significantly by 69.80% sequentially in Q2 FY27 compared to Q1 FY27.
Net profit for the quarter rebounded to INR 0.30 crore from INR 0.19 crore in the preceding quarter.
06 · Pressure points & risks
What is not going smoothly
For the half year ended September 30, 2026, operating revenue declined to INR 44.96 crore from INR 51.69 crore in the corresponding period of the previous year, and net profit for the half year dropped to INR 0.49 crore from INR 2.69 crore.
07 · Items worth noticing
The line items that can distort a quick read
The cash flow statement for the half year ended September 30, 2026, reflects a profit of INR 0.14 crore on the sale of property, plant, and equipment.
08 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Net cash generated from operating activities for the half year ended September 30, 2026, was a negative INR 4.72 crore, impacted by working capital changes including an increase in current loans and inventories.
Net cash generated from investing activities was INR 0.24 crore, while net cash generated from financing activities stood at INR 4.32 crore for the half-year period.
Capital allocation & funding
As of September 30, 2026, non-current borrowings stood at INR 2.76 crore, while current borrowings were recorded at INR 17.73 crore.
09 · Beyond the numbers
What changed beyond the numbers
Reported update
Auditor Review
The standalone financial results for the quarter and half year ended September 30, 2026, were subjected to a limited review by statutory auditors H R Jain & Co.
10 · Previous-quarter changes
What changed since the previous quarter
Operating revenue increased from INR 16.71 crore in Q1 FY27 to INR 28.45 crore in Q2 FY27.
11 · Key Q&A
The quarter, answered directly
What does PIL Italica Lifestyle do?
PIL Italica Lifestyle Limited operates primarily in the manufacturing of plastic articles and lifestyle products alongside a secondary financing segment.
What is the clearest takeaway from Q2 FY27?
PIL Italica Lifestyle Limited reported revenue from operations of INR 28.45 crore for the quarter ended September 30, 2026, marking a sequential expansion of 69.80% compared to INR 16.71 crore in the preceding quarter ended June 30, 2026.
What drove revenue or demand?
Revenue from operations increased by 69.80% sequentially to INR 28.45 crore in Q2 FY27 from INR 16.71 crore in Q1 FY27, driven by higher execution across the manufacturing segment.
What mattered most for margins or profitability?
Cost of materials consumed rose to INR 18.68 crore in Q2 FY27 from INR 7.73 crore in Q1 FY27, accompanied by a negative change in inventories of finished goods amounting to INR 1.69 crore.
What changed operationally beyond the headline numbers?
The standalone financial results for the quarter and half year ended September 30, 2026, were subjected to a limited review by statutory auditors H R Jain & Co.
What are the main pressure points disclosed for the quarter?
For the half year ended September 30, 2026, operating revenue declined to INR 44.96 crore from INR 51.69 crore in the corresponding period of the previous year, and net profit for the half year dropped to INR 0.49 crore from INR 2.69 crore.
12 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
Build your own next-quarter scenario
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Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
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The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
13 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Sustained Revenue Execution: Monitor subsequent quarterly sales realization in the core manufacturing segment to verify whether the Q2 sequential recovery translates into a sustained trend.
- 02
Working Capital Management: Track inventory levels and loan asset movements within the finance segment to assess their impact on operating cash flows.
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Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.