Atam Valves Q2 FY27 revenue rises 43% to ₹16.35 crore
Key highlights
- Atam Valves reported Q2 FY27 Revenue from Operations of ₹16.35 crore, up 43.36% year-on-year.
- Q2 FY27 EBITDA rose 19.03% quarter-on-quarter to ₹1.28 crore from ₹1.08 crore in Q1 FY27.
- H1 FY27 Revenue from Operations increased 20.45% to ₹28.64 crore from ₹23.78 crore in H1 FY26.
- H1 FY27 Profit After Tax was ₹1.31 crore and basic earnings per share were ₹1.14.
powered by IRIS

Atam Valves Limited reported Revenue from Operations of ₹16.35 crore for Q2 FY27 ended 30 September 2026, up 43.36% year-on-year and 33.10% quarter-on-quarter. Atam Valves also reported a 19.03% sequential increase in earnings before interest, tax, depreciation and amortisation, or EBITDA, to ₹1.28 crore, while management said profitability remained below the prior-year corresponding period.
Know Atam Valves inside out
Results, valuation, peers and who's buying, in one view.
How fast did Atam Valves' Q2 FY27 revenue grow?
Atam Valves' Q2 FY27 Revenue from Operations grew 43.36% year-on-year and 33.10% quarter-on-quarter to ₹16.35 crore. The reported result covers the three months ended 30 September 2026 and follows quarterly revenue growth that exceeded the 20.45% year-on-year increase recorded for the first half of FY27.
Atam Valves reported H1 FY27 Revenue from Operations of ₹28.64 crore, compared with ₹23.78 crore in H1 FY26. The ₹4.86 crore increase over the corresponding six-month period was driven by the reported 20.45% growth rate, while Q2 alone accounted for ₹16.35 crore of the H1 FY27 total.
The quarterly and half-year comparisons show that the pace of reported revenue growth accelerated in Q2 FY27. Q2's 43.36% year-on-year growth was more than twice the 20.45% H1 FY27 growth rate, although the announcement does not provide a separate Q2 FY26 revenue figure.
Did Atam Valves' operating earnings improve in Q2 FY27?
Atam Valves' EBITDA increased 19.03% quarter-on-quarter to ₹1.28 crore in Q2 FY27 from ₹1.08 crore in Q1 FY27. Revenue rose 33.10% sequentially during the same comparison, so the reported increase in EBITDA was lower in percentage terms than the increase in Revenue from Operations.
Profit Before Tax was ₹92.42 lakh in Q2 FY27, up 8.86% quarter-on-quarter, and Profit After Tax was ₹67.66 lakh. Managing Director Amit Jain said Profit After Tax rose 6.50% from the preceding quarter, while also stating that profitability remained below the corresponding period of the previous year.
The announcement provides sequential EBITDA figures but does not disclose Q2 FY26 EBITDA, Profit Before Tax or Profit After Tax. Accordingly, the source supports a direct quarter-on-quarter comparison of operating earnings, while the year-on-year profitability position is management's stated assessment in the 14 November 2026 release.
What did Atam Valves report for H1 FY27?
Atam Valves reported H1 FY27 EBITDA of ₹2.36 crore and an EBITDA margin of 8.24% on Revenue from Operations of ₹28.64 crore. For the six months ended 30 September 2026, Profit Before Tax was ₹1.77 crore and Profit After Tax was ₹1.31 crore.
Basic earnings per share were ₹1.14 for H1 FY27. The release does not state a comparable H1 FY26 EBITDA margin, Profit Before Tax, Profit After Tax or earnings-per-share figure, so the disclosed 20.45% half-year year-on-year comparison applies specifically to Revenue from Operations.
The H1 FY27 figures incorporate Q2 EBITDA of ₹1.28 crore and Q1 EBITDA of ₹1.08 crore. This means the second quarter delivered the higher of the two disclosed quarterly EBITDA amounts, following the company's stated quarter-on-quarter operating earnings improvement.
Got a follow-up? Ask IRIS
What is Atam Valves planning after the Q2 FY27 result?
Atam Valves plans to sustain business momentum, increase its presence in higher-value industrial applications, improve operational efficiencies and progressively enhance profitability, according to Amit Jain's 14 November 2026 statement. Management linked these priorities to Q2 FY27 Revenue from Operations of ₹16.35 crore and EBITDA of ₹1.28 crore.
Management said its American Petroleum Institute, or API, certification advances Atam Valves' capabilities and enhances its credentials for oil and gas opportunities. The company identified industrial applications requiring quality, technical specifications and manufacturing reliability as areas where the certification could support participation, but it did not disclose a related order, contract or revenue contribution.
Amit Jain said the objective is for revenue growth to translate into sustainable profitability over time. That objective follows the reported 43.36% Q2 FY27 year-on-year revenue increase and the management comment that profitability remained below the corresponding prior-year period.
How is Atam Valves positioned across industrial applications?
Atam Valves said it has more than four decades of industry experience, a team of 500 and three specialised foundry shops. The company said these manufacturing resources support large and customised orders across its industrial valve, plumbing valve, fittings and boiler-mounting businesses.
Atam Valves manufactures Gate, Globe and Ball valves designed for temperatures from minus 192 degrees Celsius to 550 degrees Celsius and pressures of up to 10,000 pounds per square inch. The company identified oil and gas, chemicals, power and other industrial sectors as opportunity areas in its Q2 FY27 commentary.
Established in 1985, Atam Valves was listed on the BSE SME platform in October 2020 and migrated to the BSE and NSE mainboards in May 2023. The 30 September 2026 results place its reported H1 FY27 EBITDA margin of 8.24% alongside management's plans to improve efficiencies and address higher-value industrial applications.
Conclusion
Atam Valves recorded faster revenue growth in Q2 FY27 than in H1 FY27 overall, with quarterly Revenue from Operations rising 43.36% year-on-year to ₹16.35 crore against a 20.45% H1 increase to ₹28.64 crore. EBITDA also rose 19.03% from Q1 FY27 to ₹1.28 crore, but management said profitability was still below the prior-year corresponding period.
The next disclosures will show whether Atam Valves can carry forward its stated focus on cost efficiencies and convert higher revenue into progressively improved profitability. Investors can also monitor any future disclosure on API certification's commercial effect in oil and gas applications, alongside the company's stated plans across chemicals, power and other industrial sectors.


