Pritika Auto Industries Reports Q1 FY27 Results with 26.5% Revenue Growth; Reiterates International Opportunities

Pritika Auto Industries Reports Q1 FY27 Results with 26.5% Revenue Growth; Reiterates International Opportunities​

Pritika Auto Industries Limited, a key manufacturer of tractor components in India, announced its unaudited financial results for the first quarter (Q1) of Fiscal Year 2027, ending June 30, 2026. The company demonstrated significant year-on-year growth across production and revenue while noting margin pressures due to input costs.

The consolidated results showed a strong performance in Q1 FY27. Net Revenue increased by 26.49% year-over-year (YoY) reaching Rs. 144.97 crore, compared to Rs. 114.61 crore in Q1 FY26. Production volumes grew by 16.00%, rising from 12,386 tons in Q1 FY26 to 14,368 tons in Q1 FY27.

Profit after Tax (PAT) for the consolidated entity was Rs. 7.11 crore, marking a 16.69% YoY rise from Rs. 6.09 crore in Q1 FY26. EBITDA reached Rs. 19.50 crore, representing an 11.83% increase over the previous period.

Key financial metrics for Pritika Auto Industries Limited (Consolidated) are detailed below:

Standalone Results and Operational Highlights​

The company's standalone results for Q1 FY27 also showed growth, with Net Revenue reaching Rs. 141.68 crore against Rs. 113.72 crore in Q1 FY26, translating to a 24.59% YoY increase. EBITDA was recorded at Rs. 13.08 crore, up 9.14% from the Rs. 11.99 crore reported in Q1 FY26. Profit after Tax stood at Rs. 4.13 crore, showing a 1.53% YoY growth compared to Q1 FY26.

Pritika Auto Industries Limited attributed its revenue growth to healthy demand from its customer base and improved production volumes.

Management Commentary and Future Outlook​

Mr. Harpreet Singh Nibber, Chairman & Managing Director of Pritika Auto Industries Limited, commented on the results, noting that while the company reported a strong start to FY27 with 26.5% revenue growth, margins were impacted by higher raw material prices from March and June, as well as increased costs related to chemicals and industrial gases. He added that partial customer compensation has been received and expected to substantially recover margin impact in the coming quarter.

The management noted significant operational milestones, including achieving a highest-ever monthly dispatch of approximately 4,800 metric tonnes in July 2026.

Looking ahead, the company highlighted several key strategic developments:

• International Orders: Pritika Auto Industries received an order from KION USA. Regular production for this client is anticipated to commence from November 2026, subject to qualification and approval processes.
• Customer Confidence: The company continued to receive repeat and incremental orders from established customers, including Mahindra & Mahindra Swaraj and CNH Industrial, demonstrating sustained confidence in the company's manufacturing capabilities.
• LFC Plant Scaling: Regarding the LFC plant, management expects it to achieve 65% to 70% capacity utilization by the end of this year, contributing increasingly to overall profitability as processes are stabilized.

The Chairman stated that while monitoring the evolving automotive landscape toward electric and hybrid mobility, Pritika's engineering capabilities and relationships with major customers position the company well for future opportunities in high-growth segments.

PRITIKAUTO Stock Price Movement​

On Friday, Pritika Auto Industries Limited edged higher in the market, closing at ₹17.45 after gaining 0.23%. The equity traded a volume of 87,481 shares during the session.