Damodar Industries LimitedQ2 FY27 Results & Financial Update

Damodar Industries Limited: Q2 FY27 standalone results and company financials – revenue ₹160.05 Cr, PAT ₹1.23 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: DAMODARINDPublished 24 Oct 2026Updated 24 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹160.05 CrReported Q2 FY27
Profit after tax₹1.23 CrReported Q2 FY27
Sequential change-54.4%Quarter-on-quarter

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Quarterly Results AnalysisExplore Damodar Industries 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

01

Damodar Industries reported standalone net sales from operations of INR 160.05 crore for the quarter ended September 30, 2026, marking a sequential increase from INR 152.85 crore in the preceding quarter ended June 30, 2026.

02

Total income from operations reached INR 160.93 crore during Q2 FY27, compared with INR 152.79 crore in Q1 FY27, supported by other income of INR 0.88 crore.

03

Profit before tax (PBT) and Profit after tax (PAT) both stood at INR 1.23 crore for the current quarter, reflecting a sequential contraction compared to INR 2.69 crore reported in the June 2026 quarter.

05

Total expenses for the quarter were INR 159.70 crore, which included raw material consumption of INR 140.43 crore, inventory changes of negative INR 0.84 crore, employee costs of INR 0.64 crore, finance costs of INR 4.33 crore, and depreciation and amortization expenses of INR 4.50 crore.

06

The company recorded zero tax expense for the quarter, with current tax offset by MAT credit entitlements.

01 · Business model

What does Damodar Industries do?

Damodar Industries Limited operates within the textile sector, focusing on spinning, fancy yarns, weaving, and processing operations.

The company maintains its registered corporate headquarters in Worli, Mumbai, alongside a manufacturing facility located in the Additional Amravati Industrial Area at Nandgaon Peth, Maharashtra.

The primary revenue model centers on textile goods production and sales, with net sales figures inclusive of export incentives as reported in the official financial disclosures.

02 · Financial snapshot

Current quarter vs the available comparable

MetricQ2 FY27Previous quarter
Revenue from operations₹160.05 Cr₹152.85 Cr
Total income₹160.93 Cr₹152.79 Cr
Profit before tax₹1.23 Cr₹2.69 Cr
Profit after tax₹1.23 Cr₹2.69 Cr
EPS₹0.53₹1.15

Financial interpretation

What the reported numbers mean

Profit conversion

Profit after tax represented 0.8% 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.

Pre-tax earnings

Profit before tax was equivalent to 0.8% 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.

Operating revenue versus total income

Total income exceeded operating revenue by ₹0.88 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.

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

Operational Sales

Net sales from operations reached INR 160.05 crore in Q2 FY27, reflecting top-line expansion compared to INR 152.85 crore in Q1 FY27.

Other Income Contribution

Other income contributed INR 0.88 crore to the total income of INR 160.93 crore during the quarter.

What drove margins

Raw Material and Inventory Dynamics

Raw material consumption formed the largest expense component at INR 140.43 crore, while changes in inventories of finished goods and work-in-process provided an offsetting adjustment of negative INR 0.84 crore.

Financing and Overhead Pressures

Finance costs remained elevated at INR 4.33 crore, and depreciation and amortization expenses stood at INR 4.50 crore, exerting pressure on net profitability.

04 · Segments, products & geography

Which parts of the business are doing the work

Segments and products

Single Reportable Segment

The business activity of the company falls within a single primary business segment, namely 'Textile Goods', resulting in no other reportable segments under Ind AS 108.

Geography and market mix

Export Incentives

Net sales and income from operations include export incentives, indicating active participation in international trade channels.

05 · Capacity, projects & execution

What is being built, commissioned or delivered

Projects, capex and execution

06 · Reported developments

What changed operationally

Sequential Top-Line Growth

Net sales increased sequentially to INR 160.05 crore in Q2 FY27 compared to INR 152.85 crore in Q1 FY27.

07 · Pressure points & risks

What is not going smoothly

Profit Contraction

Net profit after tax declined sequentially to INR 1.23 crore in Q2 FY27 from INR 2.69 crore in Q1 FY27 due to rising input and operating expenses.

08 · Items worth noticing

The line items that can distort a quick read

Exceptional Items

The company reported zero exceptional items and zero extraordinary items for the quarter ended September 30, 2026.

09 · Cash flow & balance sheet

Profit is one thing. Cash and funding tell another part of the story.

Operating cash flow₹10.87 CrH1 FY27
Capital expenditure₹-5.90 CrH1 FY27
Free cash flow₹4.97 CrH1 FY27
Working Capital Movements

For the half year ended September 30, 2026, operating profit before working capital changes stood at INR 17.89 crore, adjusted by a trade and other receivable outflow of INR 16.17 crore, inventory reduction of INR 7.41 crore, and trade payable increase of INR 2.37 crore.

Trade Receivables Aging

As disclosed in the notes to accounts, trade debtors amounting to INR 13.68 lakh are overdue for a period beyond 12 months, though management expressed confidence in their full recovery.

Capital allocation & funding

Borrowings Structure

As of September 30, 2026, non-current borrowings stood at INR 39.64 crore, while current borrowings were recorded at INR 128.60 crore.

10 · Beyond the numbers

What changed beyond the numbers

Reported update

Deferred Tax Accounting

The company noted in its financial disclosures that deferred tax assets and liabilities will be determined and accounted for at the end of the financial year.

11 · Previous-quarter changes

What changed since the previous quarter

Sequential Revenue and Earnings Shift

Compared to Q1 FY27, net sales grew by 4.71% to INR 160.05 crore, while net profit decreased by 54.40% to INR 1.23 crore.

12 · Key Q&A

The quarter, answered directly

What does Damodar Industries do?

Damodar Industries Limited operates within the textile sector, focusing on spinning, fancy yarns, weaving, and processing operations.

What is the clearest takeaway from Q2 FY27?

Damodar Industries reported standalone net sales from operations of INR 160.05 crore for the quarter ended September 30, 2026, marking a sequential increase from INR 152.85 crore in the preceding quarter ended June 30, 2026.

What drove revenue or demand?

Net sales from operations reached INR 160.05 crore in Q2 FY27, reflecting top-line expansion compared to INR 152.85 crore in Q1 FY27.

What mattered most for margins or profitability?

Raw material consumption formed the largest expense component at INR 140.43 crore, while changes in inventories of finished goods and work-in-process provided an offsetting adjustment of negative INR 0.84 crore.

What changed operationally beyond the headline numbers?

During the half year ended September 30, 2026, the cash flow statement indicates capital expenditure of INR 4.26 crore toward purchases of plant, equipment, intangible assets, and capital work-in-progress, alongside INR 3.16 crore in advances for capital goods.

What are the main pressure points disclosed for the quarter?

Net profit after tax declined sequentially to INR 1.23 crore in Q2 FY27 from INR 2.69 crore in Q1 FY27 due to rising input and operating expenses.

13 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

Starting point

Build your own next-quarter scenario

Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%

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.

14 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    Receivables Recovery: Monitor the realization status of trade debtors overdue beyond 12 months, amounting to INR 13.68 lakh.

  2. 02

    Finance Cost Management: Track quarterly debt servicing and finance costs relative to operating margins.

Learn the metrics

Need the concepts first?

Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

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