Results - Announcements
Mehai Technology Ltd share price headed higher 5.36% to Rs 1.18 after the company's net profit jumped 109.52% to Rs 2.64 crore, while revenue from operations increased sharply by 67.14% to Rs 36.67 crore in Q2FY27 over Q2FY26.
The market capitalization of Trading & Distributors industry group stocks on BSE stood at Rs 61343.38 crore, improving 12.64%. It has marginally improved by 6.37% over last one week and moved up slightly by 0.39% in last one month while the market capitalization of Mehai Technology Ltd has increased 12.38% and 3.71% in the same period respectively.
Profit before tax (PBT) of Mehai Technology Ltd stood at Rs 3.66 crore in Q2 FY27, surging by 46.99% year-on-year, and jumping 107.95% quarter-on-quarter. EBITDA came in at Rs 5 crore, expanding by 56.52% YoY and rallying 78.09% sequentially.
Total expenses jumped by 64.83% to Rs 31.17 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 23.75 crore, soaring by 169.27% YoY, while employee benefits expense was at Rs 0.09 crore, soaring 12.50% YoY.
For FY26, revenue from operations tick up 4.18% to Rs 124.45 crore, while net profit saw a mild growth of 2.51% to Rs 7.75 crore, compared to previous FY. EBITDA witnessed a strong improvement of 1233% to Rs 14.42 crore, and PBT saw a minor gain of 5.93% to Rs 11.07 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 13.71 crore in FY26, as against Rs 21.71 crore in FY25.
Mehai Technology Ltd tumbled by 65.50% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.03% during the same period.