Varmora Granito Live Share Price Today, Share Analysis and Chart

Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements) Regulations, 2015- Transcript

Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015- Audio Recording.

Ceramics company Varmora Granito announced Q2FY27 results Standalone Financial Highlights: Revenue from operations: For Q2FY27, revenue from operations was Rs 3,870.64 million, representing a QoQ growth of 30.64% over Rs 2,962.91 million in Q1FY27 and a YoY increase of 17.00% compared to Rs 3,308.41 million in Q2FY26. For H1FY27, standalone revenue from operations stood at Rs 6,167.11 million, lower by 9.75% YoY against Rs 6,833.55 million in H1FY26. Total income: Standalone total income recorded Rs 3,913.62 million in Q2FY27, delivering a QoQ increase of 29.67% over Rs 3,018.06 million in Q1FY27 and a YoY increase of 10.43% against Rs 3,543.99 million in Q2FY26. For H1FY27, total income was Rs 6,931.68 crore, showcasing a YoY expansion of 6.91% compared to Rs 6,483.70 million in H1FY26. Profit Before Tax (PBT): Standing at Rs 298.22 million for Q2FY27, standalone PBT marked a QoQ increase of 53.79% against Rs 193.91 million in Q1FY27 and a YoY rise of 24.74% against Rs 239.07 million in Q2FY26. PBT for the current quarter includes an exceptional charge of Rs 178.67 million. For H1FY27, standalone PBT posted at Rs 162.91 million, falling YoY by 66.90% against Rs 492.13 million in H1FY26. Profit After Tax (PAT): Standalone PAT recorded Rs 232.86 million for Q2FY27, translating to a QoQ jump of 58.21% compared to Rs 147.18 million in Q1FY27 and a YoY jump of 37.03% compared to Rs 169.93 million in Q2FY26. For H1FY27, standalone PAT arrived at Rs 380.04 million, showing a YoY improvement of 237.36% relative to Rs 112.65 million in H1FY26. Earning Per Share (EPS): Basic and diluted EPS was Rs 1.15 in Q2FY27, climbing 57.53% QoQ from Rs 0.73 in Q1FY27 and expanding 36.90% YoY from Rs 0.84 in Q2FY26. For H1FY27, standalone EPS summarized at Rs 0.56, denoting a YoY reduction of 70.21% relative to Rs 1.88 in H1FY26. Consolidated Financial Highlights: Revenue from operations: Consolidated revenue from operations stood at Rs 3,989.65 million in Q2FY27, presenting a QoQ jump of 26.55% against Rs 3,152.75 million in Q1FY27 and a YoY growth of 8.76% from Rs 3,668.25 million in Q2FY26. During H1FY27, consolidated revenue was Rs 6,914.88 million, down YoY by 3.19% against Rs 7,142.41 million in H1FY26. Total income: For Q2FY27, consolidated total income arrived at Rs 4,025.87 million, gaining 25.89% QoQ from Rs 3,197.80 million in Q1FY27 and gaining 3.43% YoY over Rs 3,892.41 million in Q2FY26. For H1FY27, total income reached Rs 7,223.67 million, showing a minimal YoY expansion of 0.16% relative to Rs 7,212.06 million in H1FY26. Profit Before Tax (PBT): Consolidated PBT posted at Rs 512.23 million in Q2FY27, climbing 262.95% QoQ from Rs 141.13 million in Q1FY27 and expanding 140.95% YoY from Rs 212.59 million in Q2FY26. For H1FY27, consolidated PBT finished at Rs 653.36 million, denoting a YoY surge of 367.22% compared to Rs 139.84 million in H1FY26. Profit After Tax (PAT): Consolidated PAT reached Rs 439.55 million in Q2FY27, highlighting a QoQ development of 353.01% against Rs 97.03 million in Q1FY27 and a YoY development of 205.73% relative to Rs 143.77 million in Q2FY26. For H1FY27, consolidated PAT reached Rs 536.58 million, matching a YoY development of 497.73% over Rs 89.77 million in H1FY26. Earning Per Share (EPS): Consolidated basic and diluted EPS reached Rs 2.23 for Q2FY27, accelerating 253.97% QoQ from Rs 0.63 in Q1FY27 and accelerating 171.95% YoY from Rs 0.84 in Q2FY26. For H1FY27, consolidated basic and diluted EPS finished at Rs 0.61, a YoY drop of 78.75% compared to Rs 2.87 in H1FY26. Business Highlights: Initial Public Offering Listing: The Holding Company's shares were listed on NSE and BSE on September 29, 2026, following an IPO aggregating 47,839,255 equity shares at an issue price of Rs 148 per equity share. Unutilised proceeds net of issue expenses are held in monitoring account deposits. Bhavesh Varmora, Chairman & Managing Director, Varmora Granito, said: “This is a milestone moment for Varmora. In our first results as a listed company, we are pleased to report a 498% YoY increase in Profit After Tax to Rs 537 million for H1FY27, despite a challenging first quarter. We thank our new public shareholders and anchor investors for the confidence they have placed in us, and our dealers, architects, builders, contractors and employees who have built the Varmora brand over the past two decades. The proceeds of the fresh issue have been used to repay debt, which strengthens our balance sheet and lowers our interest cost going forward. H1FY27 was half of two very different quarters. Q1 was affected by an industry-wide disruption, as the sharp rise in gas prices following the West Asia conflict led to the shutdown of Morbi plants until mid-April. In Q2, despite the usual monsoon softness, we recovered strongly, with revenue from operations growing 27% quarter-on-quarter. Price increases taken during the period have held, recovering 100% of the higher gas cost. Our premium GVT and Technical Products, including Integrated Stone Technology, now contribute 87% of revenue. Our priorities are cash generation, deepening our retail network in emerging markets, continued product innovation and growing our bathware and adhesives business. We believe the shift towards organised, branded players and towards premium surfaces positions Varmora well for the long term.” Result PDF

Investor Presentation to be made at Analyst meet to be held on October 23, 2026.

Press Release on Unaudited Financial Results for the First Quarter ended June 30, 2026 and second quarter and half year September 30, 2026 of Financial Year 2026-27