Srigee DLM doubles H2 profit, full-year revenue flat
The nano-cap's H2 revenue jumped 46% to ₹51.4 crore and net profit more than doubled to ₹5.5 crore, but full-year revenue was flat at ₹72.3 crore.
What's new
- H2 revenue up 46% YoY to ₹51.4 crore; H2 net profit more than doubles to ₹5.5 crore.
- Full-year revenue flat at ₹72.3 crore, but net profit up 37% to ₹6.9 crore.
- EBITDA margin improves to 12.8% from 12.1%; new facility in Greater Noida planned.
Why this matters
For a nano-cap with a ₹54 crore market cap, a sharp H2 rebound is encouraging. But flat full-year revenue raises questions about sustainability. The EBITDA margin rose to 12.8%, helping profits grow despite flat top line.
What we're watching
- Whether the new Greater Noida facility drives revenue growth in FY27.
- If H2 momentum can be sustained given flat full-year numbers.
- Order inflow trends from consumer durables and automotive clients.
The full read
Srigee DLM, a nano-cap with a ₹54 crore market cap, delivered a strong H2: revenue jumped 46% to ₹51.4 crore and net profit more than doubled to ₹5.5 crore. But the full-year picture is mixed — revenue was flat at ₹72.3 crore, though net profit climbed 37% to ₹6.9 crore as EBITDA margin improved to 12.8% from 12.1%. Management is betting on rising outsourcing trends and a new facility in Greater Noida to drive growth. For a company of this size, the H2 momentum is a positive signal, but the flat top line for the full year tempers the story. The next test is whether the new capacity leads to sustained revenue growth.
Questions answered
- Why did H2 revenue and profit jump so sharply?
- Management cited higher execution and better capacity utilisation. The H2 revenue was ₹51.4 crore, up 46% YoY, and net profit more than doubled to ₹5.5 crore.
- Why was full-year revenue flat despite a strong H2?
- Full-year revenue was ₹72.3 crore, roughly flat YoY. This suggests a weak first half, though the filing does not provide H1 figures. Net profit still grew 37% to ₹6.9 crore.
- What is Srigee DLM's market cap and scale?
- The company has a market capitalisation of about ₹54 crore, classifying it as a nano-cap. Its full-year revenue is ₹72.3 crore.
- What is the company's growth strategy?
- Management aims to capitalise on rising outsourcing trends and growing demand from existing customers in consumer durables and automotive. It is investing in a new facility at Ecotech-10 in Greater Noida.
- How did EBITDA margin change?
- EBITDA margin improved to 12.8% from 12.1% in the prior year, reflecting operating leverage and cost control.