NAVINFLUOR Q2 FY27 Guidance vs Delivery (NAVINFLUOR Management Mirror)

Sep'26 Qtr EBITDA Margin Reaches 34.2%, Exceeding 32-33% Guided in Jun'26 Qtr

In Sep'26 Qtr, reported financial results delivered an EBITDA margin of 34.2%. This performance exceeds the normalized margin range of 32% to 33% guided in the Jun'26 Qtr concall, and surpasses the initial FY27 target of ~30% (+/- 1% to 2%) set in the Mar'26 Qtr concall. Looking ahead, management upgraded its FY27 outlook, aiming to maintain EBITDA margins around the 34.2% range delivered in H1, while maintaining a 30% baseline for the long term given volatile geopolitical conditions.