Dhoot Transmission Ltd (DHOOTTRANS) Q2 FY27 Financial Results: PAT ₹1,327 Cr & Revenue ₹14,464 Cr(4 announcements)

· BSE 🔴 High Importance ✨ Positive
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
1 Financial Results 🔴 High Importance ✨ Positive 📄 PDF

Investor Takeaways

  • Revenue grew 49.7% YoY to ₹14,464 Cr, driven by EV-related sales now contributing 27% of total revenue
  • EBITDA increased 29.0% YoY to ₹2,184 Cr with margin expansion to 15.1%
  • PAT rose 37.8% YoY to ₹1,327 Cr, reflecting improved profitability
  • ⚠️ No specific risks identified in this filing
  • Overall Tone: Positive based on the numbers only.

    Key Financial Highlights

    MetricValueYoY Change
    Revenue₹14,464 Cr49.7%
    Net Profit₹1,327 Cr37.8%
    EBITDA₹2,184 Cr29.0%
    EPS₹7.04
    OPM15.1%

    What Changed

    Dhoot Transmission Limited delivered robust financial performance in Q1 FY27, with consolidated revenue surging 49.7% YoY to ₹14,464 Cr. This growth was primarily fueled by strong demand in electric vehicle (EV) components, which now account for 27% of total revenue. EBITDA grew 29.0% YoY to ₹2,184 Cr, and the EBITDA margin improved to 15.1% from previous periods. Net profit increased 37.8% YoY to ₹1,327 Cr, supported by operational efficiency and revenue diversification. The company also reported progress on integrating the Multilink acquisition, with completion expected by Q3 or early Q4 FY27. These results indicate successful scaling in both domestic and international markets, particularly in the high-growth EV segment.

    Peer Comparison

    CompanyP/EROEROCEMarket Cap (₹ Cr)
    Dhoot TransmissionNot availableNot availableNot available30,323.5
    Hindustan Aeronautics Ltd (HAL)34.822.71%30.31%3,24,355.88
    Bharat Electronics Ltd (BEL)48.2425.46%34.08%2,96,192.24
    Solar Industries India Ltd (SOLARINDS)97.5232.66%38.01%1,94,191.66

    Dhoot Transmission is trading at a P/B ratio of 12.46, which is significantly higher than peers' P/E ratios, suggesting market expectations of future growth. The company's debt-to-equity ratio of 0.35 is moderate compared to peers with zero or low leverage.

    Risks & Concerns

  • No specific risks identified in this filing
  • Quarterly Trend

    QuarterRevenue (₹ Cr)Net Profit (₹ Cr)OPM%
    Q1FY271,446.42132.6712.36
    Q4FY261,277.2895.3811.27
    Q1FY26966.3396.2514.78

    The company demonstrated sequential revenue and profit growth, with OPM improving from 11.27% in Q4FY26 to 12.36% in Q1FY27, though slightly below the 14.78% recorded in the same quarter last year. The upward trend in profitability metrics aligns with the strong YoY growth reported.

    2 Financial Results 🔴 High Importance Neutral 📄 PDF

    Investor Takeaways

  • Consolidated revenue grew 13.7% YoY to ₹14,600.70 million (₹1,4600.7 Cr) in Q1 FY2026-27, driven by operational expansion and subsidiary contributions.
  • Standalone revenue increased 9.0% YoY to ₹10,825.85 million (₹1,0825.85 Cr), reflecting new subsidiary integration.
  • Net profit rose 3.3% YoY to ₹1,326.70 million (₹1,326.7 Cr) on consolidated basis, though standalone net profit was ₹572.37 million.
  • One-time exceptional item of ₹30 million impacted results related to labor code compliance and advisory expenses.
  • IPO completed in August 2026 and share capital restructuring affected EPS calculations; financials reviewed by Price Waterhouse with limited assurance.
  • Overall Tone: Neutral

    Key Financial Highlights

    MetricValueYoY Change
    Revenue₹1,4600.7 Cr13.7%
    Net Profit₹1,326.7 Cr3.3%
    EPS₹7.04
    OPM12.36%

    What Changed

    Dhoot Transmission Limited reported consolidated unaudited revenue of ₹14,600.70 million for Q1 FY2026-27, up 13.7% from ₹12,844.60 million in the same quarter of the previous year. Standalone revenue increased 9.0% YoY to ₹10,825.85 million, primarily due to operational expansion and contributions from newly integrated subsidiaries. Net profit after tax rose 3.3% YoY to ₹1,326.70 million on a consolidated basis, compared to ₹1,284.77 million in the prior-year quarter. Standalone net profit was ₹572.37 million. The results include a one-time exceptional item of ₹30 million related to labor code compliance and advisory expenses. The company completed its IPO in August 2026 and restructured its share capital, which impacted EPS calculations. Financials were reviewed by Price Waterhouse but not audited, with limited assurance provided. No specific revenue or profit targets were disclosed for future periods.

    Peer Comparison

    CompanyP/EROEROCEMarket Cap (₹ Cr)
    Dhoot Transmission30,323.5
    Hindustan Aeronautics34.822.71%30.31%3,24,355.88
    Bharat Electronics48.2425.46%34.08%2,96,192.24
    Solar Industries India97.5232.66%38.01%1,94,191.66

    Dhoot Transmission's P/B ratio of 12.46 is significantly higher than peers' P/E ratios, indicating market expectations may be priced at a premium relative to earnings. The company's debt-to-equity ratio of 0.35 is moderate compared to peers with zero or low leverage.

    Risks & Concerns

  • One-time exceptional item of ₹30 million related to labor code compliance and advisory expenses may recur if regulatory requirements change.
  • Profitability remains sensitive to labor regulatory changes and integration costs from subsidiary acquisitions.
  • Limited assurance from auditor (Price Waterhouse) instead of full audit increases uncertainty around financial reliability.
  • Quarterly Trend

    QuarterRevenue (₹ Cr)Net Profit (₹ Cr)OPM%
    Q1FY271,446.42132.6712.36
    Q4FY261,277.2895.3811.27
    Q1FY26966.3396.2514.78

    Revenue and profit have shown sequential growth from Q1FY26 to Q1FY27, with OPM declining slightly from 14.78% to 12.36%, indicating margin pressure despite top-line expansion.

    CRITICAL: If quarterly trend data is not provided in the context, do NOT include the Quarterly Trend section at all. Never fabricate quarterly numbers.

    3 Financial Results 🔴 High Importance Neutral 📄 PDF
    📢 Key Event
    Dhoot Transmission reported Q1 FY27 revenue of ₹14,464 million, up 49.7% YoY, driven by EV growth and Multilink acquisition integration.
    🔄 What Changed
    Revenue increased 49.7% YoY to ₹14,464 million; EBITDA rose 29% YoY to ₹2,184 million; EV revenue share grew to 27% of total revenue; Multilink acquisition integration completed with majority consideration paid by August.
    🔮 What's Next
    Integration of Multilink business to be completed by end of Q3/early Q4; EV revenue expected to grow further as electrification trend gains pace; non-wiring harness growth to continue ahead of industry.
    💡 Investor Takeaway
    The company is capitalizing on India's EV market expansion with strong revenue growth and improving margins, but faces execution risks in integrating Multilink and sustaining EV growth momentum.

    Dhoot Transmission reported consolidated revenue of ₹14,464 million for Q1 FY27, up 49.7% YoY, driven by strong EV growth and Multilink acquisition integration. EBITDA rose 29% YoY to ₹2,184 million with a 15.1% margin. EV revenue now represents 27% of total revenue, up from 24% in FY26. The company completed Multilink acquisition control in June 2026 and paid the majority of consideration by August. Non-wiring harness revenue grew 67.7% YoY excluding Multilink. The business is positioned to benefit from India's expanding EV market, which now accounts for 24% of total revenue.

    4 Financial Results 🔴 High Importance Neutral 📄 PDF
    📢 Key Event
    Audio recording of Q1 FY2026-27 earnings call made available
    💡 Investor Takeaway
    The company shared the earnings call audio to provide transparency on its quarterly results.

    Dhoot Transmission Ltd announced the audio recording of its Q1 FY2026-27 earnings call held on September 4, 2026, and made it available on its website for investors and analysts to access.

    About Dhoot Transmission Ltd (DHOOTTRANS)

    Capital Goods · Capital Goods - Electrical Equipment · Listed on BSE

    Market Cap: ₹32,554.95 Cr

    View full DHOOTTRANS stock details →

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    Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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    This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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