Varmora Granito H1 FY27: revenue up 3.3% to ₹7,142 mn, PAT up 498% as Tezpur plant starts and Simola is divested
H1 FY27 revenue up 3.3% to ₹7,142 mn, EBITDA up 17% to ₹1,013 mn, PAT up 498% to ₹537 mn; Q2 revenue up 9%.
By ScoutQuest · · 1 min read
- H1 FY27 Revenue from Operations
- ₹7,142 mn (up 3%)
- H1 FY27 EBITDA
- ₹1,013 mn at 14.0% margin
- H1 FY27 PAT
- ₹537 mn versus ₹90 mn
- Period
- H1 FY27 / Q2 FY27
- Positioning
- Varmora describes itself as a tiles and surfaces maker with 8 Morbi-based facilities in India's largest ceramic cluster, ~80% in-house manufacturing and a GVT-led premium mix.
📈 H1 FY27 revenue from operations was ₹7,142 mn (up 3%), EBITDA ₹1,013 mn at 14.0% margin and PAT ₹537 mn versus ₹90 mn. Q2 FY27 revenue rose 9% to ₹3,990 mn with a 17.0% EBITDA margin and PAT of ₹440 mn.
📉 Domestic revenue grew 9% to ₹5,897 mn while exports fell 18% to ₹1,245 mn; the company says the Simola divestment cut revenue by ~₹520 mn and that excluding Simola revenue grew 11.5%, with domestic growth above 20%.
🏭 Management states its priorities are expansion into East and Northeast India and product innovation and premiumisation; it has started production at the Allemby Tezpur plant and plans to convert the Solaris ceramic unit into a GVT facility.
🏭 The balance sheet shows net worth rising to ₹11,727 mn at Sep'26 from ₹8,060 mn at FY26 and total debt falling to ₹3,091 mn from ₹3,579 mn. The company flags fuel-supply disruption that shut plants in April 2026 and an export slowdown on freight.
Also from Varmora Granito
Varmora Granito files audio recording of Oct 23, 2026 analyst meet on Q2 FY27 results
23 Oct 2026
Varmora management detailed capacity utilization, revenue potential and margin outlook across its Morbi, Tezpur and upcoming Solaris plants
21 Oct 2026
H1 FY27 PAT up 498% YoY to ₹537 mn; revenue from operations up 3.3%, with strong Q2 recovery after Q1 gas disruption
19 Oct 2026
More numbers
- Revenue from operations, H1 FY277,142 (₹ mn)
- EBITDA, H1 FY271,013 (₹ mn)
- Profit after tax, H1 FY27537 (₹ mn)
- PAT YoY growth, H1 FY27498%
- Revenue from operations, Q2 FY273,990 (₹ mn)
- Profit after tax, Q2 FY27440 (₹ mn)
- EBITDA margin, Q2 FY2717.0%
- Domestic revenue, H1 FY275,897 (₹ mn)
- Export revenue, H1 FY271,245 (₹ mn)
- Revenue impact of Simola divestment~₹520 mn
- Net worth, Sep'2611,727 (₹ mn)
- Total debt, Sep'263,091 (₹ mn)
- Revenue from operations, FY2615,125 (₹ mn)
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.