ADOR Q2 FY27 Guidance vs Delivery (ADOR Management Mirror)

Q2 FY27 Revenue Reaches INR 34,474 Lakh, Tracking Toward the INR 2,000 Crore FY29 Target Guided in Mar'26 Qtr

In Sep'26 Qtr, the company reported consolidated revenue of INR 34,474 lakh, up 22.6% YoY, driven by mid-to-high teens volume growth across core end-user markets. Against the Mar'26 Qtr guidance aiming to pass INR 2,000 crores in turnover by FY29 by outperforming macro benchmarks, the robust Sep'26 Qtr top-line performance tracks positively toward this long-term objective. Management reaffirmed its revenue aspiration of reaching INR 2,000 crores by FY29. Incremental growth toward this target is guided to be driven primarily by product mix and deeper customer penetration at 60% to 70%, with the remainder from innovations and partnerships, while management remains aggressive on sustaining double-digit volume growth in H2 FY27.