Poojaa Precision Engg. H1 Profit Climbs 88% to Rs 24.9 Crore

Revenue grew 68% year-on-year to Rs 210.1 Cr, while PAT reached Rs 24.9 Cr.

Reader Takeaway: Strong revenue growth and order book visibility are countered by project execution risks in Pune facility expansion.

What just happened

Poojaa Precision Engineering Ltd reported its H1 FY27 results, showing significant gains across all key financial metrics. The company achieved a 68% increase in revenue from operations, totaling Rs 210.1 Cr, compared to Rs 124.9 Cr in the same period last year. Profit after tax (PAT) rose to Rs 24.9 Cr from Rs 13.3 Cr, reflecting an 88% growth. EBITDA also saw a strong uptick, growing 74% to reach Rs 39.6 Cr.

Why this matters

The company’s performance highlights the successful scale-up of its operations. A growing customer base, which expanded from 39 in FY24 to 58 in H1 FY27, indicates strong market acceptance. The company is currently executing a major capital expenditure project at its Unit III in Khed, Pune, which is expected to increase melting capacity to 28,800 MTPA and casting/machining capacity to 12,600 MTPA by September 2027.

Strategic Targets

Management has laid out an ambitious growth roadmap, targeting ~50% revenue growth for the full fiscal year 2027. Looking ahead to 2030, the firm aims for an annual turnover of Rs 1,000 Cr. Strategically, it is moving toward a 50:50 revenue split between the automotive sector and the power/engineering sectors.

Risks to watch

Investors should monitor the ongoing capital expenditure at the Khed facility. Timely execution of this capacity expansion is vital to meeting the company’s ambitious revenue targets. Furthermore, maintaining profit margins amid significant production scaling will be a key performance indicator to track.

Deployment of IPO Proceeds

The company has successfully deployed the majority of the Rs 159.8 Cr raised in its August 2026 IPO. Working capital, general corporate, and other expenses are fully utilized, while the Khed facility CAPEX, which has Rs 106.3 Cr allocated, has seen Rs 40.6 Cr deployed to date.