KNACK NSE filing

Knack Packaging Q2 FY27 Revenue Surges 52.5% YoY to ₹2,947.57 Mn

The RealCase readHigh impact Positive

Knack Packaging reported a 52.5% YoY revenue increase to ₹2,947.57 Mn in Q2 FY27. PAT grew 21.24% to ₹250.20 Mn. The company secured a ₹1,500 Mn annual contract for pet food packaging. Global export volumes and new international accounts drove growth. Input cost headwinds impacted EBITDA margins.

Why it matters

The substantial revenue growth, significant contract win, and improved financial metrics indicate a material positive impact on the company's performance and market position. The detailed financial results and forward-looking statements provide investors with crucial information.

The market read

The company reported strong year-on-year revenue growth, increased PAT, and secured a significant long-term contract, indicating positive business momentum. While EBITDA margins were impacted by external factors, the overall financial performance and future outlook remain strong.

Knack Packaging Limited announced its unaudited financial results for the second quarter and half year ended September 30, 2026. The company reported a significant year-on-year revenue surge of 52.52% in Q2 FY27, reaching ₹2,947.57 million (₹294.76 crore), compared to ₹1,932.57 million (₹193.26 crore) in Q2 FY26. This growth was primarily driven by substantially higher export volumes to 75 countries, deeper engagement with existing global FMCG, pet food, and agricultural customers, and the successful acquisition of new international accounts in H1 FY27. The standalone revenue for Q2 FY27 was ₹2,993.15 million (₹299.32 crore), reflecting the full utilization of recently expanded manufacturing capacity. For the half-year ended H1 FY27, consolidated revenue grew by 47.2% to ₹5,692.32 million (₹569.23 crore) from ₹3,867.37 million (₹386.74 crore) in H1 FY26. EBITDA for Q2 FY27 stood at ₹497.65 million (₹49.77 crore) with an EBITDA margin of 16.35%, impacted by global input cost headwinds such as polymer price inflation and increased freight costs. The company expects customer pricing revisions to reflect in realizations from Q3 FY27 onwards. Profit After Tax (PAT) for Q2 FY27 grew by 21.24% YoY to ₹250.20 million (₹25.02 crore), with a PAT margin of 8.22%. The consolidated PAT for H1 FY27 was ₹555.48 million (₹55.55 crore), a 34.5% increase from H1 FY26. The company's Debt-Equity ratio improved significantly to 0.26 times from 0.68 times, indicating a strong balance sheet. The company also highlighted a recent order and a three-year contract renewal with an international customer for pet food and animal nutrition packaging, valued at approximately ₹1,500 million (₹150 crore) per annum, with deliveries including the United States, and the contract extending to December 2028. The Mexico JV is currently in its scale-up investment phase, contributing a loss of ₹60.60 million (₹6.06 crore) to the consolidated PAT in H1 FY27, which is expected to reverse as operations reach breakeven.

Filing to action

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Knack Packaging Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Knack Packaging Limited. Read the original for the full detail.

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