Steamhouse India Limited — Q2FY27 Earnings Call Summary

STEAMHOUSE · Q2FY27 · Filed 10 Oct 2026

Key Takeaways

• Capacity utilization improved to 41.4% in Q1 FY27 from 36.06% in Q1 FY26
• Expansion underway: capacity to rise from 345 TPH to ~705 TPH by FY29; new projects in Gujarat and Himachal Pradesh
• Q1 FY27 steam sales grew 16.7% y-y to 305,816 tons; revenue rose 13.35% to INR128.62 Cr
• Industrial gases vertical launched with nitrogen generation; plans to expand to oxygen and hydrogen
• Contracts mostly long-term (1-10 years) with non-exit clauses; 70% of current capacity tied up
• Working capital cycle improved; coal purchases shifted from credit to cash to reduce costs
• EBITDA surged 60.08% y-y to INR30.93 Cr; margin expanded 702 bps to 24.05%
• PAT increased 80.25% y-y to INR18.34 Cr; PAT margin improved 529 bps to 14.26%
• Waste-to-energy boilers contribute to margin improvement and sustainability
• Government support strong for community boilers; opportunities in Bulk Drug Parks and PM MITRA Parks

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.