| 1-Year Price Change | 83.75%Outperforming Industry |
|---|---|
| Market Cap | ₹534.5 CrIndustrial Machinery |
| P/E Ratio | 52.49Sector PE: 52.22 |
| Promoter Holding | 74.29%Stability |
| Metric | H1-27 | H1-26 |
|---|---|---|
| Revenue from Operations | 3,036 | 2,106 |
| Other Income | 86.4 | 64.8 |
| Total Income | 3,122 | 2,171 |
| Profit Before Tax | 912 | 728 |
| Exceptional Items | 0.0 | 124 |
| Net Profit | 676 | 552 |
| Operating Margin | 29.2% | 33.5% |
| Net Profit YoY | +22.5% | |
| Adj. Profit YoY | +53.1% | |
Key highlights
- Revenue from operations climbed 44.1% year-on-year to ₹3,036 crore in H1-27
- Net profit increased to ₹676 crore, representing a 22.5% growth over H1-26
- Adjusted profit showed a significant surge of 53.1% year-on-year
- Operating margins moderated to 29.2% compared to 33.5% in the year-ago period
- Promoter holding remains substantial at 74.29% with zero shares pledged
- The stock has gained 83.75% over the last one year, significantly outperforming the industry
- Consolidated revenue contributions include both Oil and Gas Equipments and Precision Engineering
Revenue Surge Driven by Core Industrial Operations
Cryogenic OGS reported a total income of ₹3,122 crore for the first half of the 2027 fiscal year, compared to ₹2,171 crore in the corresponding period of the previous year. This growth was primarily fueled by revenue from operations, which reached ₹3,036 crore. Other income also saw an uptick to ₹86.4 crore from ₹64.8 crore.
Profit before tax for the period stood at ₹912 crore, a jump from ₹728 crore in H1-26. The company successfully expanded its bottom line to ₹676 crore, even as it navigated a more competitive pricing environment that saw operating margins settle at 29.2%.
Operational Segments and Adjusted Profit Growth
- Oil and Gas Equipments remains the primary revenue driver for the standalone entity
- Precision Engineering Products emerged as a distinct reportable segment on a consolidated basis
- Adjusted profit growth of 53.1% highlights underlying operational efficiency gains
- Cost of materials consumed remains the largest expenditure item at ₹1,395.92 lakh on a standalone basis
- The company recorded zero exceptional items in H1-27 versus ₹124 crore in H1-26
- Earnings per share for the half-year stood at ₹4.73 on a standalone basis
Pipeline and Capacity Utilization Details
The company's growth trajectory is supported by a healthy project pipeline, with an active submitted bid pipeline valued at ₹65 crore as of August 2026. Management has previously indicated that the existing plant capacity is sufficient to handle a significant increase in turnover without requiring major capital expenditure until revenues reach the ₹75-100 crore mark. With a current price-to-earnings ratio of 52.49, the stock is trading in line with the sector average of 52.22.
Technical indicators show a relative strength index of 44.02, placing the stock in a neutral zone following recent price corrections.
Segmental Reporting Insights
On Consolidated basis the Company has identified two reportable segments, namely a) Oil and Gas Equipments b) Precision Engineering Products.
What to watch next
- Final conversion of the ₹65 crore bid pipeline into firm orders
- Stabilization of operating margins toward the management's 30% guidance
- Impact of subsidiary Infravolt Engineering Private Limited on consolidated FY27 year-end figures
- Upcoming capacity utilization milestones as the company nears the ₹75 crore revenue threshold
“The above results were reviewed by the Statutory Auditors, recommended by the Audit Committee and approved by the Board of Directors of the Company.”
| Share price | ₹374.3 |
|---|---|
| Market capitalisation | ₹534.50 Cr |
| Revenue (annual) | ₹40.82 Cr |
| Net profit (annual) | ₹10.18 Cr |
| P/E (TTM) | 52.49×Sector 52.22× |
| Promoter holding | 74.29% |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Cryogenic OGS Limited announcing its unaudited standalone and consolidated financial results for the half-year ended September 30, 2026. Market figures from a third-party data provider.
