Dhoot Transmission Reports Q2 FY27 Consolidated Revenue of ₹18,272 million
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 03 Nov 2026, 03:54 PM IST · BSE ID: 6a5e5586-f1aa-4f98-a0d3-e38397d2d867
View Original BSE Filing (PDF)
💡
In Simple Terms
Dhoot Transmission reported strong sales and profit growth in Q2 FY27, with a significant boost from electric vehicle-related products.
🤖 AI Summary
- Consolidated Revenue from Operations for Q2 FY27 reached ₹18,272 million, a 61% YoY increase.
- Consolidated reported EBITDA increased 30% YoY to ₹2,618 million for the quarter.
- Adjusted Profit after Tax (PAT) stood at ₹1,615 million, a 30% increase over Q2 FY26.
- Revenue from EV-related supplies increased 108% YoY, constituting 31% of consolidated revenue.
- The company reported a net cash and bank position of ₹9,037 million, excluding leases.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations
₹18,272 million
60.7%
EBITDA
₹2,618 million
30.5%
Adjusted PAT
₹1,615 million
30.4%
Net cash and bank position
₹9,037 million
🏢 How This Affects the Company
The company's revenue from operations increased by 61% YoY, driven by a 65% increase in India Business and 12% in Global business, indicating strengthened market position. EV-related supplies now form 31% of consolidated revenue, reflecting diversification.
Consolidated reported EBITDA grew 30% YoY to ₹2,618 million, with adjusted PAT at ₹1,615 million, up 30% YoY. Net cash and bank position is ₹9,037 million, improved by IPO equity infusion and debt repayment.
Depreciation and amortisation expenses increased 66% due to higher capitalization and the Multilink acquisition, indicating expansion and integration activities. Manpower investments for growth are also impacting EBITDA margins.
EBITDA margin reflects a timing lag in raw material cost recovery, which may present a short-term margin pressure, though expected to be recovered in subsequent quarters.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders benefit from the disclosed strong revenue growth and improved financial position with reduced debt, which are positive indicators for the company's operational performance.
🔍
Management Signal
Management indicates continued investment in capacity and technology ahead of customer demand, focusing on EV sector growth and integration of Multilink acquisition.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 results — monitor EBITDA margin recovery and raw material cost pass-through.
Updates on Multilink integration completion expected by Q4 FY27.
Further details on new EV battery customer and growth acceleration in that business.
MEDIUM RISK
EBITDA margin impacted by raw material cost recovery lag and manpower investments, posing a short-term margin pressure.
💡 Investor Takeaway
Dhoot Transmission reported consolidated Revenue from Operations of ₹18,272 million in Q2 FY27, up 60.7% YoY. Adjusted PAT increased 30.4% to ₹1,615 million. Revenue from EV-related supplies rose 108% YoY, now forming 31% of consolidated revenue, with a net cash position of ₹9,037 million.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Revenue from Operations increased by 60.7% YoY to ₹18,272 million in Q2 FY27, demonstrating strong top-line growth.
- Revenue from EV-related supplies grew 108% YoY, now making up 31% of consolidated revenue, highlighting successful diversification.
⚠️ Concerns
- Reported EBITDA margin decreased by 330 basis points YoY to 14.3% in Q2 FY27, due to raw material cost recovery lag and manpower investments.
- PAT declined by 0.3% YoY to ₹1,178 million, impacted by non-recurring exceptional items totaling ₹548 million.
📅 Company Track Record
Dhoot Transmission Limited was founded in 1999 and recently completed its IPO in August 2026, leading to primary equity infusion. The company holds a 41% market share in India for Two-Wheeler and Three-Wheeler Wiring Harness in FY26.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Dhoot Transmission's consolidated revenue from operations in Q2 FY27?
Dhoot Transmission's consolidated revenue from operations was ₹18,272 million for the quarter ended September 30, 2026, marking a 60.7% increase over Q2 FY26.
How did Dhoot Transmission's EBITDA perform in Q2 FY27?
The reported consolidated EBITDA for Dhoot Transmission in Q2 FY27 was ₹2,618 million, an increase of 30.5% compared to Q2 FY26.
What was Dhoot Transmission's adjusted Profit after Tax (PAT) in Q2 FY27?
Dhoot Transmission's adjusted Profit after Tax (PAT) for Q2 FY27 was ₹1,615 million, reflecting a 30.4% increase over Q2 FY26.
What is the contribution of EV-related supplies to Dhoot Transmission's revenue in Q2 FY27?
Revenue from EV-related supplies increased by 108% YoY and now constitutes 31% of Dhoot Transmission's consolidated revenue in Q2 FY27.
What is Dhoot Transmission's net cash and bank position as of Q2 FY27?
Dhoot Transmission reported a net cash and bank position of ₹9,037 million, excluding the impact of leases, as of September 30, 2026.
Questions based on this BSE filing only. For information purposes.