INDO SMC Ltd Reports Strong Revenue Growth in H1 FY27

Revenue grew to Rs 216.10 crore for the half-year ended September 30, 2026, compared to Rs 112.54 crore in the previous year.
Net profit rose to Rs 20.18 crore from Rs 11.46 crore, driving Earnings Per Share to Rs 8.83.

Reader Takeaway: Strong revenue growth driven by CT PT segment expansion, though investors should track unutilized IPO funds.

What just happened

INDO SMC Ltd published its unaudited financial results for the first half of the fiscal year ending September 30, 2026. The company reported a significant jump in both top-line revenue and bottom-line profitability compared to the same period last year. The Board of Directors approved these results during their meeting on November 03, 2026.

Why this matters

The doubling of revenue highlights the company's scaling operations. The performance was led by the CT PT Products segment, which saw its revenue jump from Rs 76.58 crore to Rs 166.03 crore, cementing its position as the company's core revenue contributor.

IPO Proceeds Utilization

Out of the total IPO proceeds of Rs 91.95 crore, the company has utilized Rs 58.13 crore to date. The remaining Rs 33.82 crore is currently held in fixed deposits and bank accounts, which shareholders should track for future capital deployment updates.

What to track next

Investors should continue monitoring the margins within the CT PT Products segment and observe how the management plans to deploy the remaining IPO proceeds toward capital expenditure or working capital requirements in the coming quarters.