Kheria Autocomp Ltd (KHERIAAUTO) Q2FY27 Concall Summary - Sep-2026 Qtr
Key Takeaways
- The new Sanand Plant II is on schedule for January 2027 commissioning, with all major approvals secured and machinery arriving in late 2026.
- Management targets over 70% utilization for the new plant in FY28 and plans further expansion in FY29 funded entirely by internal accruals.
- The company's revenue from EV components currently stands at 20-25%, and all customer contracts include full pass-through clauses for raw material costs.
Performance Overview
- Kheria Autocomp reported a strong H1 FY27, with significant year-on-year growth in revenue, EBITDA, and profit after tax.
- The company's existing manufacturing facility at Sanand operated at near-full capacity of 98.9% during the half-year.
- Significant progress is being made on the new Sanand Plant II, which is on track to commence commercial production in January 2027.
- The company has started supplying parts for two new car models launched in the Gujarat region by major OEMs in calendar year 2026.
- Management expressed confidence in a strong second half of the fiscal year, citing historical trends of H2 performance being better than H1.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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Tone & Disclosure
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