Happy Steels Q2 Results 2026 (FY27) statement: Revenue & Margins
Q2 FY27 results statement: what the company reported on revenue, margins and capex.
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Based on Happy Steels Ltd's Q2 FY27 results statement. The company has not published an earnings-call transcript for this quarter, so figures here are what the results statement reports, not management guidance.
The short version
Revenue from operations for the half year ended 30th September 2026 is ₹5,417.80 lakhs, compared to ₹4,650.85 lakhs for the half year ended 30th September 2025, showing a year-on-year increase. EBITDA for the quarter: Rs. 1,463.6 lakhs, up 2.13% year-on-year (YoY).
From Happy Steels Ltd's Q2 FY27 earnings-call transcript · updated 14 Nov 2026.
How did Happy Steels' revenue grow in the September 2026 quarter?
- Revenue from operations for the half year ended 30th September 2026 is ₹5,417.80 lakhs, compared to ₹4,650.85 lakhs for the half year ended 30th September 2025, showing a year-on-year increase.
- Total income for the half year ended 30th September 2026 is ₹5,480.62 lakhs versus ₹4,793.10 lakhs for the same period in 2025.
- IPO proceeds and capital utilization notes hint at future capacity expansion.
What happened to Happy Steels' margins in Q2 FY27?
EBITDA for the quarter: Rs. 1,463.6 lakhs, up 2.13% year-on-year (YoY)
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What capex is Happy Steels planning?
- Capital expenditure of ₹1,315.83 lakh was earmarked for the purchase of additional plant and machinery for the existing manufacturing unit.
- As of 30th September 2026, this entire amount of ₹1,315.83 lakh remains unutilized and is kept in fixed deposits with AU Small Finance Bank and in a Monitoring Account with Axis Bank.
- The focus is on capacity expansion via additional machinery for the current unit.
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Is Happy Steels raising money or cutting debt?
The presentation mentions the following regarding fundraising and borrowings:
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How big is Happy Steels' order book?
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Potential multibaggers · Q2 FY27
Potential multibaggers in Auto Components
on management's own guidance
- Strong growth2
- Strong growth1
- Wheels IndiaGood growth3
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Frequently Asked Questions
What were Happy Steels Ltd Q2 FY27 results?
Revenue from operations for the half year ended 30th September 2026 is ₹5,417.80 lakhs, compared to ₹4,650.85 lakhs for the half year ended 30th September 2025, showing a year-on-year increase. EBITDA for the quarter: Rs. 1,463.6 lakhs, up 2.13% year-on-year (YoY).
What is Happy Steels Ltd share price analysis?
Happy Steels Ltd currently shows a neutral. The stock trades at a P/E of 13.5 with a market cap of ₹97 Cr. Investors should review the full earnings analysis for detailed insights.
Is Happy Steels Ltd planning capital expenditure?
Capital expenditure of ₹1,315.83 lakh was earmarked for the purchase of additional plant and machinery for the existing manufacturing unit.
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This analysis is AI-generated based on publicly available earnings data and the company's results statement. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.