Panache Digilife Q2 FY27 Profit Rises 551% YoY

Q2 performance at a glance

Panache Digilife Ltd reported a sharp improvement in its financial performance for the quarter ended September 30, 2026, or Q2 FY27. Consolidated revenue from operations rose to ₹129.60 crore from ₹39.06 crore in the corresponding quarter a year earlier. This represents year-on-year growth of about 231.7%. Consolidated profit after tax, or PAT, increased to ₹9.26 crore from ₹1.42 crore, a rise of about 551%. The company also reported stronger operating profit and EBITDA during the quarter. The results were filed on October 23, 2026, with the results statement published on October 24. Panache Digilife operates from Bhiwandi and provides electronics system design and manufacturing services for ICT and IoT hardware.

Consolidated revenue crosses ₹129 crore

Consolidated revenue from operations for Q2 FY27 was ₹129.60 crore, converted from ₹12,959.85 lakh reported in the results. The comparable figure for Q2 FY26 was ₹39.06 crore. The revenue performance was also substantially higher than the ₹50.84 crore reported for Q1 FY27. On that basis, quarterly revenue increased about 154.9%. The company’s consolidated sales number is distinct from the standalone revenue figure of ₹81.23 crore. Investors comparing disclosures should therefore distinguish between the consolidated and standalone financial statements. No explicit revenue or sales-volume guidance for future periods was stated in the material provided.

Operating profitability improves

EBITDA for the September 2026 quarter was ₹12.24 crore, compared with ₹8.57 crore a year earlier. This marked a 43% year-on-year increase. Operating profit was reported at ₹12.37 crore, up from ₹1.88 crore in Q2 FY26. The stated increase in operating profit was 557%. Operating margin stood at 9.5%, compared with 3.85% in the prior-year quarter. That amounts to an expansion of 564 basis points. The presentation stated that the company expects to sustain a double-digit EBITDA margin going forward.

PAT rises to ₹9.26 crore

Consolidated PAT was ₹9.26 crore in Q2 FY27, against ₹1.42 crore in Q2 FY26. The reported year-on-year increase was 551%. PAT margin was 7.1%, compared with 3.6% in the corresponding quarter of the previous year. Earnings per share rose to ₹5.78 from ₹0.93, based on the reported consolidated quarterly figures. The June 2026 quarter had recorded consolidated PAT of about ₹3.61 crore. As a result, Q2 FY27 PAT was also higher sequentially, with the cited quarterly comparison indicating growth of about 155.9%.

Standalone business also reports growth

On a standalone basis, revenue from operations reached ₹81.23 crore during Q2 FY27. This was up about 108.2% from ₹39.02 crore in Q2 FY26. Standalone net profit was ₹4.74 crore, compared with ₹1.48 crore a year earlier. The reported year-on-year growth in standalone net profit was 220.5%. Basic standalone earnings per share rose to ₹2.96 from ₹0.97. These figures reflect the parent entity’s results, while the consolidated numbers incorporate the wider reporting perimeter.

Key Q2 FY27 financial figures

Capital increase through warrant conversion

Panache Digilife also issued 160,300 equity shares through a preferential allotment following the conversion of warrants. The equity shares have a face value of ₹10 each and were issued at ₹263 per share. The allotment raised approximately ₹3.16 crore. After the allotment, the company’s paid-up share capital stood at ₹16.17 crore. The paid-up capital comprised about 1.61 crore equity shares. This is a corporate action separate from the quarterly operating results, but it changes the company’s equity base.

How the quarter compares with Q1 FY27

Q1 FY27 had revenue of ₹50.84 crore and net profit of ₹3.61 crore under the quarterly figures provided. The September quarter’s consolidated revenue of ₹129.60 crore indicates a material sequential increase. Operating profit also rose from ₹5.21 crore in Q1 FY27 to ₹12.37 crore in Q2 FY27. However, operating margin in the cited consolidated data was 9.6% in September versus 10.2% in June, a decline of 69 basis points sequentially. The margin remained well above the year-earlier level of 6.4% in the cited comparative data. This shows that revenue and profit growth occurred alongside some quarter-on-quarter margin moderation.

What the results mean for investors

The quarterly results show faster growth in consolidated revenue than in the comparable year-earlier period, accompanied by a significant increase in PAT. The expansion in operating margin versus Q2 FY26 is central to the reported improvement in profitability. At the same time, the disclosed expectation on margins is an expectation rather than quantified financial guidance. The company’s Q2 FY27 earnings call was scheduled for October 27, 2026, at 11:30 AM IST. Investors may look to that interaction for further details on the telecom order mentioned in the company announcement, revenue mix, margins and capital allocation. The reported numbers provide a quarterly snapshot and do not establish future sales or profit levels.

Conclusion

Panache Digilife closed Q2 FY27 with consolidated revenue of ₹129.60 crore and PAT of ₹9.26 crore, supported by improved operating profitability. The company also completed a small equity allotment through warrant conversion. Its scheduled earnings call is the next stated event for further management commentary on the September-quarter performance.