ScoutQuest30 Oct 2026
Msafe Equipments544695Periodic business update

Msafe Equipments Ltd press release, Q2 FY27

Rental share of revenue rose to 52% in Q2 FY27 as the warehouse network expanded from 21 to 24.

By ScoutQuest · · 1 min read

38.65%−1.02 pp
Q2 FY2639.67%Q2 FY2738.65%
EBITDA margin: 39.67% (Q2 FY26) and 38.65% (Q2 FY27). A difference of 1.02 percentage points.
Rental Share of Revenue
52% in Q2 FY27
EBITDA Q2 FY27
1,560.50 (₹ Lakhs)
Scaffolding Capacity / Utilisation
9,000 tons to 15,000 tons; current facilities at 80%-90% utilisation
Release
Results press release
Period
Q2 FY27

_Basis not stated · Q2 FY27_

📊 EBITDA, Q2 FY27: 1,560.50 (₹ Lakhs)

🏭 MSafe's installed MS scaffolding capacity of 9,000 tons is set to increase to 15,000 tons, with its current facilities running at 80%-90% utilisation.

🎯 The company continues to target approximately 50% revenue growth in FY27, along with healthy profitability and disciplined capital allocation, it says.

🏭 MSafe expects its owned integrated manufacturing facility to commence operations by May 2027, supporting its manufacturing, rental equipment and new product categories.

52%Rental share of revenue
Rental share of revenue: 52%.
More numbers
  • Revenue from operations, Q2 FY274,037.94 (₹ Lakhs)
  • PAT, Q2 FY27848.71 (₹ Lakhs)
  • EBITDA, Q2 FY271,560.50 (₹ Lakhs)
  • EBITDA margin, Q2 FY2738.65%
  • EBITDA margin, Q2 FY2639.67%
  • PAT margin, Q2 FY2721.02%
  • Rental share of revenue, Q2 FY2752%
  • Installed MS scaffolding capacity9,000 tons
  • Utilisation at current MS scaffolding facilities80%-90%
  • Warehouse count24
  • Aluminium formwork vertical capacity500 TPA
  • FY27 revenue growth targetapproximately 50%
Source: BSE · 30 Oct 2026

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