IRM Energy H1FY27: revenue up 26% to Rs.660 cr, EBITDA more than doubles to Rs.109 Cr
H1FY27 consolidated revenue up 26% to Rs.660 cr, EBITDA up 108% to Rs.109 Cr, PAT up 124% to Rs.59 Cr.
By ScoutQuest · · 1 min read
- H1FY27 Revenue from Operations
- 659.76 crore, up 26.41%
- H1FY27 EBITDA
- 109.10 crore (up 107.55%)
- H1FY27 PAT
- 59.23 crore (up 123.75%)
- Period
- Q2FY27 / H1FY27 (quarter and half year ended 30…
- Positioning
- IRM Energy describes itself as India's fast-growing City Gas Distribution company with presence across 4 GAs addressing a population of 1.2+ Cr on an annuity basis.
📉 H1FY27 consolidated revenue from operations was 659.76 crore, up 26.41%, with EBITDA of 109.10 crore (up 107.55%) and PAT of 59.23 crore (up 123.75%). Q2FY27 PAT of 25.43 crore was up 102.50% YoY but down 24.79% QoQ, as EBITDA margin fell from 18.96% to 14.17% sequentially.
🌍 The company positions itself as a fast-growing CGD player across 4 GAs, with 156 CNG stations (up 34% YoY), 576 dispensing points and 89,308 domestic PNG connections as on 30 September 2026. It reports net worth of Rs.1,050 cr, total debt of Rs.45 cr and nil net debt, rated AA- Stable by India Ratings and CRISIL.
🏭 Management states IRM continues to accelerate CNG network expansion and drive PNG customer growth across its licensed areas, and says volume growth as the network scales should improve operating leverage and support margin expansion.
📉 The presentation cites long-term PNGRB licences, priority APM gas allocation for CNG and domestic PNG, and a mix of long-term and spot RLNG for industrial customers as backing. It also notes APM share of gas fell to 42% in FY26 from 99% in FY22, while gross margin normalised to 26%.
Also from IRM Energy
IRM Energy Q2FY27 EBITDA rises 77.23% to ₹47.32 crore, margin up 388 bps to 14.17%
30 Oct 2026
Board approves Q2 and H1 results; extends CRPS redemption and IPO utilisation timelines
30 Oct 2026
IRM Energy schedules Q2 FY27 & H1 FY27 earnings conference call for November 2, 2026, 10:00 a.m. IST
27 Oct 2026
More numbers
- Revenue from operations, H1FY27 consolidated659.76 (₹ Crore)
- Revenue growth YoY, H1FY2726.41%
- EBITDA excl other income, H1FY27 consolidated109.10 (₹ Crore)
- PAT, H1FY27 consolidated59.23 (₹ Crore)
- PAT growth YoY, H1FY27 consolidated123.75%
- PAT, Q2FY27 consolidated25.43 (₹ Crore)
- EBITDA margin, Q2FY2714.17%
- Net worth, 30 Sep 2026Rs.1,050 cr
- Total debt, 30 Sep 2026Rs.45 cr
- CNG stations, 30 Sep 2026156
- PNG domestic connections, H1FY2789,308
- Net revenue, FY26₹1,067 Cr
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