Emmforce Autotech Limited revenue rises 73% in H1 FY27

Emmforce Autotech Limited reported consolidated total revenue of Rs 92.49 crore for the half year ended September 30, 2026, up 73% from Rs 53.63 crore a year earlier, while net profit rose 54% to Rs 6.24 crore. The board approved the unaudited results on November 11, 2026.

How much did Emmforce Autotech's revenue grow in H1 FY27?

Emmforce Autotech's consolidated total revenue increased by Rs 38.86 crore year on year to Rs 92.49 crore in the half year ended September 30, 2026. Revenue from operations rose to Rs 92.46 crore from Rs 53.57 crore in the half year ended September 30, 2025, an increase of Rs 38.89 crore. Other income was Rs 3.20 lakh, compared with Rs 5.93 lakh a year earlier.

The September 2026 half-year revenue also exceeded the preceding half year ended March 31, 2026, when total revenue was Rs 59.09 crore and revenue from operations was Rs 59.07 crore. Total revenue therefore rose by Rs 33.41 crore between the two reported half-year periods. The filing describes the business as manufacture of auto parts and says it has a single business segment, with no product-level or segment-level revenue split.

How did Emmforce Autotech's profit change in H1 FY27?

Emmforce Autotech's consolidated net profit rose to Rs 6.24 crore in the half year ended September 30, 2026, from Rs 4.05 crore in the corresponding period a year earlier. Profit before tax increased to Rs 9.19 crore from Rs 6.67 crore, while total tax expense was Rs 2.94 crore, compared with Rs 2.61 crore. The statement reported no exceptional or extraordinary items in either half-year period.

Basic and diluted earnings per share, or EPS, were both Rs 3.05 for the September 2026 half year, compared with Rs 1.98 in the September 2025 half year. Paid-up equity capital was Rs 20.50 crore at September 30, 2026, unchanged from a year earlier. Against the preceding half year ended March 31, 2026, net profit rose from Rs 4.19 crore and profit before tax rose from Rs 5.34 crore.

Based on the reported figures, net profit was about 6.7% of total revenue in the September 2026 half year, against about 7.6% a year earlier. Profit before tax was about 9.9% of revenue, compared with about 12.4% in the September 2025 half year. These percentages are calculations from the disclosed financial figures, rather than margins separately reported by the company.

Which costs changed most for Emmforce Autotech in H1 FY27?

Emmforce Autotech reported total expenses of Rs 83.31 crore for the half year ended September 30, 2026, compared with Rs 46.97 crore in the prior-year half. Cost of materials consumed increased by Rs 26.94 crore to Rs 55.44 crore, the largest disclosed expense movement. Employee benefit expense rose to Rs 10.94 crore from Rs 6.58 crore, while other manufacturing expenses increased to Rs 3.10 crore from Rs 1.74 crore.

Depreciation and amortisation rose to Rs 5.19 crore from Rs 3.17 crore, and finance costs increased to Rs 1.63 crore from Rs 1.26 crore. Other expenses were Rs 7.85 crore, compared with Rs 5.54 crore a year earlier. The changes in inventories line was a reduction of Rs 8.97 lakh in September 2026, whereas it was an expense of Rs 19.03 lakh in the prior-year half.

What does Emmforce Autotech's balance sheet show?

Emmforce Autotech reported consolidated total assets of Rs 186.78 crore as of September 30, 2026, compared with Rs 154.76 crore at March 31, 2026. Trade receivables increased to Rs 62.86 crore from Rs 33.68 crore, while inventories rose to Rs 26.20 crore from Rs 22.18 crore. Cash and cash equivalents were Rs 1.27 crore at September 30, compared with Rs 45.09 lakh at the March 2026 year end.

Total equity attributable to owners increased to Rs 100.80 crore at September 30, 2026, from Rs 91.74 crore at March 31, 2026. Share application money pending allotment, including share premium, was Rs 99.75 crore, compared with Rs 91.26 crore. Short-term borrowings rose to Rs 36.61 crore from Rs 23.87 crore, while long-term borrowings declined to Rs 17.83 crore from Rs 20.25 crore.

The consolidated statement includes subsidiary Emmforce Mobility Solutions Private Limited. The auditor said the subsidiary's interim information for the half year ended September 30, 2026 reflected revenue of Rs 14.53 crore, net loss after tax of Rs 2.82 crore and net cash inflow of Rs 49,000. The auditor said the subsidiary was consolidated based on management-certified accounts and did not modify its conclusion on that matter.

What did the auditor say about Emmforce Autotech's results?

Emmforce Autotech's consolidated financial results underwent a limited review by Vijay Jindal & Associates under Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. In the report dated November 11, 2026, the auditor said nothing had come to its attention indicating that the statement had not made required disclosures or contained a material misstatement.

The auditor stated that the review was conducted under Standard on Review Engagements 2410 and provides moderate assurance. It also said a review is substantially narrower than an audit under the Standards on Auditing and does not provide assurance that all significant matters would be identified. The results were prepared under applicable Accounting Standards, and the filing says the SME-platform listing provides an exemption from Indian Accounting Standards applicability.

Conclusion

The September 2026 half-year statement shows a larger consolidated revenue base for Emmforce Autotech, with revenue rising Rs 38.86 crore from the prior-year period and net profit increasing Rs 2.19 crore. Material consumption accounted for Rs 26.94 crore of the Rs 36.34 crore increase in total expenses, while profit before tax rose Rs 2.52 crore.

The next reported period can be assessed against the September 2026 balance-sheet movements, particularly trade receivables of Rs 62.86 crore and short-term borrowings of Rs 36.61 crore, both higher than at March 31, 2026. Subsequent consolidated statements will also show whether Emmforce Mobility Solutions Private Limited's reported Rs 2.82 crore half-year loss changes its contribution.