Macpower CNC Q2 FY26 Results: Revenue Surges 20.5%

Introduction to Macpower's Strong Quarter

Macpower CNC Machines Limited announced its unaudited financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company demonstrated robust growth, with significant increases in both revenue and net profit. The performance highlights strong demand for its machinery and effective operational management, reinforcing its position as a leading manufacturer in India's Computerized Numerically Controlled (CNC) machine sector.

Detailed Financial Performance for Q2 FY26

For the quarter, Macpower CNC reported revenue from operations of ₹85.71 crore. This represents a substantial year-on-year (YoY) increase of 20.53% compared to the ₹71.10 crore recorded in the same quarter of the previous fiscal year. On a sequential basis, the growth was even more pronounced, with revenue climbing 40.46% from ₹61.03 crore in the preceding quarter (Q1 FY26).

Net profit for the period stood at ₹5.38 crore, marking a 13.25% YoY increase from ₹4.75 crore. Quarter-on-quarter (QoQ), the net profit grew by 18.00% from ₹4.56 crore. This consistent growth in profitability underscores the company's ability to scale its operations effectively while managing costs.

Financial Highlights Summary

A summary of the key financial metrics provides a clear picture of the company's performance.

Margin Analysis and Operational Efficiency

Despite the strong top-line and bottom-line growth, the company's EBITDA margin experienced a slight compression. The margin for the quarter was 16.50%, a decrease from 17.92% in the corresponding period last year. This dip suggests some level of operational pressure, potentially from rising input costs or other manufacturing expenses. However, the management has previously indicated a long-term target of achieving 25% operating margins, driven by a focus on high-value machines, backward integration, and operating leverage.

Robust Order Book and Capacity Expansion

A key indicator of Macpower's future performance is its strong order book. As of September 2025, the company reported a record pending order value of ₹331 crore. This provides significant revenue visibility for the upcoming quarters. To meet this growing demand, Macpower has expanded its annual production capacity to 2,500 machines. This strategic expansion is crucial for fulfilling large orders and capturing a greater market share.

Company Profile and Market Strategy

Macpower CNC Machines Ltd. is a prominent player in the Indian industrial equipment sector, specializing in a wide array of products. Its portfolio includes CNC turning centers, vertical and horizontal machining centers, grinders, and multi-tasking machines. The company has been actively strengthening its market presence through various initiatives. In 2025, it showcased its latest CNC solutions at the prestigious EMO Hannover exhibition, pursued strategic joint ventures, and focused on expanding its international dealer network to tap into global markets.

Historical Performance and Future Outlook

The company's performance in Q2 FY26 builds on a solid foundation. For the full fiscal year ending March 2025, Macpower recorded its highest-ever revenue of ₹261.82 crore. Analysts project that this growth trajectory will continue, with estimates suggesting revenue could reach ₹411 crore by FY26. The company's focus on innovation and capacity enhancement positions it well to capitalize on the sustained demand from key sectors like automotive and general engineering.

Conclusion

Macpower CNC Machines Limited's Q2 FY26 results reflect a company on a strong growth path. With impressive revenue and profit growth, a record order book, and strategic expansions, the company is well-equipped to navigate the competitive landscape. While margin pressure remains a factor to monitor, the overall outlook appears positive, supported by solid operational fundamentals and clear strategic goals for market expansion and profitability improvement.