Forcas Studio Ltd
Forcas Studio Q2 Results 2026 (FY27): Order Book ₹17.8 Cr
Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.
Based on Forcas Studio Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.
The short version
H1 FY27 Net Sales: ₹1,303.46 Mn, up 56.0% YoY from ₹836.84 Mn in H1 FY26 (Page 23). H1 FY27 EBITDA: ₹153.06 million, up 72.6% YoY from ₹88.67 million (Page 23) - H1 FY27 PAT: ₹99.91 million, up 72.0% YoY from ₹58.08 million (Page 23) - H1 FY27 EBITDA Margin: 11.74%, up from 10.60
From Forcas Studio Ltd's Q2 FY27 earnings-call transcript · updated 23 Oct 2026.
Revenue & Sales Performance
- H1 FY27 Net Sales: ₹1,303.46 Mn, up 56.0% YoY from ₹836.84 Mn in H1 FY26 (Page 23).
- H1 FY27 Total Income: ₹1,310.17 Mn, up 56.4% YoY from ₹837.51 Mn in H1 FY26 (Page 22, 23).
- H1 FY27 PAT: ₹99.91 Mn, up 72.0% YoY from ₹58.08 Mn in H1 FY26 (Page 22, 23).
- FY26 Revenue: ₹1,976.5 Mn, a 39% CAGR over FY22–FY26 (Page 31).
- Management’s FY27 guidance targets 25–30% revenue growth with further EBITDA margin improvement (Page 31).
- Retail reach targeted to increase from 18,000 to 25,000+ touchpoints by March 2027 (Page 17).
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Profitability & Margins
- H1 FY27 EBITDA: ₹153.06 million, up 72.6% YoY from ₹88.67 million (Page 23)
- H1 FY27 PAT: ₹99.91 million, up 72.0% YoY from ₹58.08 million (Page 23)
- H1 FY27 EBITDA Margin: 11.74%, up from 10.60% in H1 FY26 (Page 22)
- H1 FY27 PAT Margin: Not explicitly stated, but PAT and margin growth implied with PAT increase and PAT margin charts (Page 22)
- FY26 EBITDA Margin: 10.6%, up 120 bps YoY (Page 24)
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Capital Expenditure Plans
- The company operates an asset-light business model with no owned factories or stores; manufacturing is outsourced to 30+ partners, enabling flexibility and low fixed costs (Page 31).
- The mother warehouse in Kolkata, fully equipped and expanded during FY26, spans 60,000 sq ft with a capacity for 20+ lakh garments and 10+ lakh metres of fabric/raw materials (Page 14).
- Quick-commerce footprint expanded to 138 stores across three platforms, with plans to further expand beyond 138 stores (Page 31, 17).
- Distribution network to expand from 700 to 800 distributors and from 8 to 10 states during FY27 (Page 17).
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Top-ranked in Textiles & Apparels
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
Read what Forcas Studio Ltd said on fundraising in the Q2 FY27 call
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What Forcas Studio Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Forcas Studio Ltd Q2 FY27 results?
H1 FY27 Net Sales: ₹1,303.46 Mn, up 56.0% YoY from ₹836.84 Mn in H1 FY26 (Page 23). H1 FY27 EBITDA: ₹153.06 million, up 72.6% YoY from ₹88.67 million (Page 23) - H1 FY27 PAT: ₹99.91 million, up 72.0% YoY from ₹58.08 million (Page 23) - H1 FY27 EBITDA Margin: 11.74%, up from 10.60
What is Forcas Studio Ltd share price analysis?
Forcas Studio Ltd currently shows a neutral. The stock trades at a P/E of 27.3 with a market cap of ₹373 Cr. Investors should review the full earnings analysis for detailed insights.
Is Forcas Studio Ltd planning capital expenditure?
The company operates an asset-light business model with no owned factories or stores; manufacturing is outsourced to 30+ partners, enabling flexibility and low fixed costs (Page 31).
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.