Kheria Autocomp Ltd (KHERIAAUTO) Q2FY27 Concall Transcript - Sep-2026 Qtr
Moderator (Orient Connect): Ladies and gentlemen, good day, and welcome to Kheria Autocomp Limited H1 FY27 earnings conference call hosted by Orient Connect. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions, and expectations of the company as on date of this call. These statements are not the guarantees of future performance and involve risk and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star, then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Jhanvi Patel from Orient Connect.
Moderator (Orient Connect): and over to you Miss Patil.
Janvi Patil (Aurum Connect): Thank you. Good morning, everyone, and a warm welcome to all of you. I am Janvi Patil from Aurum Connect, representing the investor relations team of Kheria Autocomp Limited. On behalf of the company, I would like to thank you all for joining us for the H1 FY27 earnings concall. We are joined today by the company's senior management team, Mr. Vinay Kheria, who is Managing Director, Mr. Manoj Singh, who is Chief Operating Officer, Mrs. Sushma Kheria, Director, Mr. Manish Dalwadi, Chief Financial Officer, Mr. Pankaj Goyal, CA. Thank you for taking the time and joining us today. I would like to hand over the call to Mr. Vinay for his opening remarks. Following his address, we'll proceed for the question-and-answer session. Over to you, Vinay sir.
Vinay Kheria (Kheria Autocomp Ltd): Good morning, everyone. I welcome all the investors, analysts, participants to Kheria Autocomp Limited H1 Financial Year 27 Earning Conference Call. This is our first earning conference call after the listing on NSE Emerge. I would like to thank all our shareholders and investors for their interest in the company, and taking out time to join us today. I'll begin with a brief overview of our company, followed by a financial performance and the key operational update for the half year ended 30th September, 2026. Kheria Autocomp Limited was incorporated in 2009. We have over 15 years of rich experience in automotive plastic injection moulding. We manufacture plastic injection molded automobile components and subassemblies. We operate as a Tier 2 supplier to the Tier 1 vendors serving major automobile OEMs, catering to passenger vehicles across both ICE and EV platforms. Our product portfolio includes interior and exterior components, under-the-hood parts, HVAC parts and lighting components. Our present manufacturing facility is located in Tata Vendor Park, Sanand, Gujarat. Our location helps us in reaching to the OEMs and the Tier 1 customers. Our manufacturing capability and qualities: coming to our manufacturing capabilities, our existing facility has installed capacity of 5,400 metric tons per annum. We have 30 injection moulding machines ranging from 120 to 1,700 tons supported by 20 industrial robots. Our manufacturing process includes injection moulding, assembly, integrated quality inspections. We also use vision-measuring measuring systems to support dimensional accuracy and quality control. We are IATF 16949-certified company, ISO 14001:2015 and ISO 45001:2018-certified company covering automobile quality management system, environment environmental management, and occupational health and safety measures. Our financial year performance for the half year '26, financial year '26, '26-'27, we recorded revenue from operation of 72.27 Cr., representing year-on-year growth of 31.38% compared with 55.01 Cr. in the year, in a half year year '26, '25-'26. Our EBITDA increased by 31.45% to 12.75 Cr. from 9.70 7 Cr. in the corresponding period last year. EBITDA margin remained stable at 17.6 compared to 17.59 in half year half year 2026. Profit after growth grew by 38.58% to 6.28 Cr. compared with 4.53 Cr. in half year year financial year '26. Our PAT margin also improved from 8.22 to 8.67, 45 bps.
Vinay Kheria (Kheria Autocomp Ltd): points. Operational performance and key business updates. On operation front, our manufacturing facility recorded capacity utilisation of 98.9% during half year financial year '27 and our production stood at 2,673 metric tons against our installed capacity of 5,400 metric tons per year. For comparison, our capacity utilisation was 93.73% in financial year '26 up which when production reached 5,061 metric tons. Our production volume increased from 3,215 metric tons in financial year '24 to 5,061 in financial year '26. So, there was considerable growth. These figures provide an overview of utilisation of the existing manufacturing install infrastructure and increase in production volume over the period. I would also like to highlight our proposed Sanand 2 manufacturing unit in GIDC Sanand II, Gujarat. As disclosed in our investor presentation, the project involves a proposed investment of over 65 Cr and a planned capacity addition of 2,400 metric tons per annum. The proposed facility will increase our total installed capacity from 5,400 metric tons to 7,800 metric tons. For my closing remark, I'll conclude by saying we have established presence in automobile component supply chain, a diversified product portfolio category, both ICE and EV platform. During the half year financial year '27, we delivered growth in revenue, EBITDA, PAT, alongside improving, an improvement in the margins, for PAT margins. I would also like to thank all our shareholders, investors, and analysts for joining us for our first earning conference call from our listing on NSE Emerge. I will be really happy to take the question-answer now. Thank you very much.
Moderator (Orient Connect): Thank you very much. We'll now begin the question and answer session. Anyone who wishes to ask a question, may press star and one on their touch-tone telephone. If you wish to remove yourself from the question queue, you may press star and two. Participants are requested to use handsets while asking a question. Ladies and gentlemen, we will wait for a moment while the question queue assembles. Participants, you may press star and one to ask a question. First question is from line of Vikas from Serene Alpha. Please go ahead.
Vikas (Serene Alpha): Hello.
Vikas (Serene Alpha): Am I audible, sir?
Vinay Kheria (Kheria Autocomp Ltd): Yes, sir.
Vikas (Serene Alpha): Yes, you are. Congratulation for good set of number, sir. My question is my question on Sanand plant, like plant one is already running about 99% as we see. So, the new Sanand plant II is important growth for us, right?
Vinay Kheria (Kheria Autocomp Ltd): Correct.
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