Hy-Tech Engineers Q2 Revenue Rises 22%, PAT Grows 23% YoY
Key highlights
- Hy-Tech Engineers reported Q2 FY27 revenue from operations of Rs 60.9 crore, up 22% year on year.
- Q2 FY27 EBITDA was Rs 14.5 crore, up 21% year on year, with a 23.8% margin.
- Q2 FY27 PAT rose 23% year on year to Rs 8.5 crore, with a 14% margin.
- H1 FY27 revenue reached Rs 103.9 crore and PAT reached Rs 13.1 crore.
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Hy-Tech Engineers Limited reported revenue from operations of Rs 60.9 crore in Q2 FY27, up 22% year on year for the quarter ended September 30, 2026, while profit after tax rose 23% to Rs 8.5 crore and earnings before interest, tax, depreciation and amortisation margin was 23.8%.
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What did Hy-Tech Engineers report for Q2 FY27?
Hy-Tech Engineers reported Q2 FY27 revenue from operations of Rs 60.9 crore, a 22% increase from the corresponding quarter a year earlier and a 41% increase from Q1 FY27. The company disclosed the unaudited September-quarter results in its revised press release dated November 5, 2026.
Earnings before interest, tax, depreciation and amortisation, or EBITDA, rose 21% year on year to Rs 14.5 crore in Q2 FY27 and increased 72% quarter on quarter. EBITDA margin was 23.8% for the quarter, while profit after tax, or PAT, rose 23% year on year and 86% quarter on quarter to Rs 8.5 crore, with a 14% PAT margin.
How did Hy-Tech Engineers perform in H1 FY27?
Hy-Tech Engineers reported revenue from operations of Rs 103.9 crore for H1 FY27, up 18% year on year for the half year ended September 30, 2026. The first-half growth rate was 4 percentage points below the 22% year-on-year rate reported for Q2 FY27, although the release did not provide standalone Q1 revenue in rupees.
H1 FY27 EBITDA increased 14% year on year to Rs 22.9 crore, and PAT rose 19% to Rs 13.1 crore. The company reported EBITDA margin of 22.1% and PAT margin of 12.6% for the six-month period covering the June and September 2026 quarters.
How did Hy-Tech Engineers’ quarterly and half-year margins compare?
Hy-Tech Engineers reported a 23.8% EBITDA margin in Q2 FY27, compared with a 22.1% margin for H1 FY27. The 1.7-percentage-point difference compares a three-month September-quarter result with a six-month aggregate, rather than with a separately disclosed Q1 FY27 margin.
PAT margin was 14% in Q2 FY27, compared with 12.6% in H1 FY27, a 1.4-percentage-point difference. Revenue growth of 22%, EBITDA growth of 21% and PAT growth of 23% in Q2 show that all three reported measures increased year on year, while the release gave no comparable Q2 FY26 margin figures.
The sequential changes were larger for earnings than for sales during Q2 FY27: revenue increased 41% quarter on quarter, EBITDA increased 72%, and PAT increased 86%. Hy-Tech Engineers did not disclose the absolute Q1 FY27 revenue, EBITDA or PAT figures in the November 5, 2026 release.
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Which products and manufacturing operations support Hy-Tech Engineers?
Hy-Tech Engineers designs, manufactures and supplies hydraulic fittings and forged metal components for construction, agriculture, automotive, industrial equipment, defence and railways. The company operates six manufacturing facilities across Maharashtra and Madhya Pradesh, with capabilities in forging, machining, finishing and testing.
The company said it is strengthening its portfolio through stainless-steel double-ferrule fittings aimed at specialised and high-growth sectors. This product initiative sits alongside the hydraulic fittings business that produced Rs 60.9 crore of Q2 FY27 revenue from operations and Rs 103.9 crore in H1 FY27.
Chairman and Managing Director Hemant Mondkar said the 41% sequential increase in Q2 FY27 revenue reflected business momentum and existing customer relationships. He also identified a wider product portfolio, deeper international-market penetration, specialised applications, technology and automation as areas of focus.
What is Hy-Tech Engineers doing in the US market?
Hy-Tech Engineers said it has established a wholly owned subsidiary in the United States to improve customer proximity, customer engagement and supply-chain responsiveness. The release said the initiative is expected to strengthen the company’s US reach and support future business opportunities.
The same November 5, 2026 release contains a different description in Mr. Mondkar’s comments, which refer to the planned establishment of a wholly owned subsidiary in the United States. The filing does not provide an incorporation date, investment amount, operating timetable, revenue contribution or profitability target for the subsidiary.
Management linked the United States initiative to global presence and customer engagement, rather than to a disclosed FY27 financial target. The reported financial base remains Rs 103.9 crore of H1 FY27 revenue and Rs 13.1 crore of H1 FY27 PAT, while any contribution from the subsidiary remains undisclosed.
What should readers watch after Hy-Tech Engineers’ Q2 results?
Hy-Tech Engineers’ next reported results can show whether the Q2 FY27 growth rates of 22% for revenue, 21% for EBITDA and 23% for PAT continue beyond the September 30, 2026 quarter. They can also show whether the 23.8% Q2 EBITDA margin remains above the 22.1% margin reported for H1 FY27.
Progress in stainless-steel double-ferrule fittings and clarification of the United States subsidiary’s status are also relevant because the release describes the subsidiary as both established and planned. Management did not disclose a date, investment figure or financial target for either the product initiative or the US operation.
Hy-Tech Engineers’ filing also notes that economic conditions, demand and supply conditions, domestic price conditions, government regulations, laws and judicial pronouncements could affect operations. These disclosed factors apply alongside management’s plans for specialised applications, international penetration and operational efficiencies.
Conclusion
Hy-Tech Engineers converted Q2 FY27 revenue growth of 22% to Rs 60.9 crore into EBITDA growth of 21% to Rs 14.5 crore and PAT growth of 23% to Rs 8.5 crore. For H1 FY27, revenue reached Rs 103.9 crore, EBITDA was Rs 22.9 crore and PAT was Rs 13.1 crore, with reported EBITDA and PAT margins of 22.1% and 12.6%.
The next developments to watch are progress in stainless-steel double-ferrule fittings and clarification on the wholly owned United States subsidiary, as the November 5, 2026 release describes it in different terms. Management has linked both initiatives to specialised applications, international reach and customer engagement, but has not disclosed financial targets or a timetable.


