Q2 FY27 PBT rises 41.85% YoY to ₹12.27 crore; NEAT Everyday presence strengthened
Revenue from operations ₹982.56 crore, up 39.21% YoY.
By ScoutQuest · · 2 min read
- Revenue from operations (Q2 FY27)
- ₹982.56 crore, up 39.21% YoY
- Profit Before Tax (Q2 FY27)
- ₹12.27 crore, up 41.85% YoY
- Adjusted EBITDA margin (Q2 FY27)
- 2.35% vs 2.36% YoY
Quarter in numbers
- Revenue from operations was ₹982.56 crore in Q2 FY27, against ₹705.80 crore in the same quarter a year earlier, a rise of 39.21%.
- Profit Before Tax (PBT), which is profit before tax is set aside, was ₹12.27 crore, against ₹8.65 crore, a rise of 41.85%.
- Adjusted EBITDA, a measure of operating profit, was ₹23.10 crore, against ₹16.67 crore, a rise of 38.57%.
- Adjusted EBITDA margin was 2.35%, compared with 2.36% in Q2 FY26.
Half year at a glance
- Revenue from operations for H1 FY27 was ₹1934.63 crore, against ₹1564.34 crore in H1 FY26, up 23.67%.
- PBT was ₹22.71 crore, against ₹17.12 crore, up 32.65%.
- Adjusted EBITDA was ₹44.28 crore, against ₹33.40 crore, up 32.57%.
- Adjusted EBITDA margin was 2.29%, compared with 2.14% in H1 FY26.
What the company does
MGEL describes itself as an integrated agro-processing company operating across sourcing, processing, manufacturing, branding and distribution of edible oils and agricultural commodities, with castor oil, wheat and rice among its key categories. It is also building a consumer wellness business through NEAT Everyday, a direct-to-consumer brand covering cold-pressed oils, wellness supplements, gummies, Ayurvedic formulations and personal care, with retail presence across Mumbai, Ahmedabad and Indore.
How to read the numbers
- The revenue growth is large, while the PBT growth is faster than revenue growth for the quarter, which means profit rose more than sales did.
- Adjusted EBITDA margin in Q2 was almost flat year on year at 2.35% against 2.36%, even as revenue rose 39.21% — so the operating margin did not expand in the quarter, though it improved in the half year to 2.29% from 2.14%.
- These are unaudited and consolidated figures, meaning they combine the company's businesses as a group and are yet to be audited.
What management said
Chairman Vipin Mangal said the Q2 FY27 results reflect performance amid evolving market conditions, and that the company remains focused on its core agro-processing operations, operating efficiencies, exports across categories including castor oil, wheat and rice, and value-added offerings. He added that the NEAT Everyday expansion broadens its business presence and helps respond to evolving consumer needs.
What investors may want to track
Revenue growth, whether the adjusted EBITDA margin holds or improves from here, progress in the consumer wellness business and its retail footprint, and the export-led categories the company has highlighted.
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More numbers
- Q2 FY27 Profit Before Tax (consolidated)₹12.27 crore
- Q2 FY27 PBT growth YoY41.85%
- Q2 FY27 Revenue from operations (consolidated)₹982.56 crore
- Q2 FY27 Revenue growth YoY39.21%
- Q2 FY27 Adjusted EBITDA (consolidated)₹23.10 crore
- Q2 FY27 Adjusted EBITDA margin2.35%
- H1 FY27 Profit Before Tax (consolidated)₹22.71 crore
- H1 FY27 Revenue from operations (consolidated)₹1934.63 crore
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