BSECompany Update31 Oct 2026 · 31 Oct 2026, 05:10 pm

H1 FY27 Press Release- Sugs LLoyd- Revenue grows 73% and PAT Rises 69% in H1 FY27

Sugs Lloyd Ltd · 544501

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Sugs Lloyd Ltd reported a 73% YoY increase in revenue to ₹213.31 crore and a 69% YoY rise in PAT to ₹20.01 crore in H1 FY27, driven by strong execution of its order book, led by the RDSS smart-grid project.

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Market Sentiment8/10

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Sugs Lloyd Ltd - 544501 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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SUGS LLOYD LIMITED ISO 9001: 2015 CERTIFIED Corporate Office: 2nd Floor Logix Park, Plot No A4 and 5 Sector 16, Noida, Uttar Pradesh, India, 201301 E mail: compliance@sugslloyds.com Website: www.sugslloyds.com Date: 31st October, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001. Company Scrip Code: 544501 Company Symbol: SUGSLLOYD Sub: H1 FY27 Press Release – Sugs Lloyd — Revenue Grows 73% and PAT Rises 69% in H1 FY27 Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) Dear Sir /Ma'am, With reference to the provisions of Regulation 30 of SEBI Listing Regulations, please find enclosed herewith the Press Release issued by Sugs Lloyd Limited on the cited subject, contents of which are self-explanatory. This is for your information and record. Thanking you, Yours faithfully For Sugs Lloyd Limited Nimmy Singh Chauhan Company Secretary and Compliance Officer Place: Noida Enclosed as above CIN: L74900DL2009PLC194400 Registered office: Office No-8B, CSC-I, Behind Narwana Appartments, New Delhi, India, 110092 M E D I A R E L E A S E Half year ended 30 September 2026 · H1 FY27 · Standalone Sugs Lloyd — Revenue Grows 73% and PAT Rises 69% in H1 FY27 Q2FY27 revenue more than doubles YoY to ₹134.9 crore · ₹395 crore of orders won in Q2 · Order book of ₹1068 crore Noida, 31st October, 2026 — Sugs Lloyd Limited (BSE – SME: 544501), a leading EPC company engaged in Power T&D, solar and smart-grid solutions across India, today announced its financial results for the half year ended 30 September 2026. The Company recorded its highest-ever half-yearly revenue of ₹213.31 crore and profit after tax of ₹20.01 crore, up 73% and 69% respectively on YoY Basis, as execution of its order book, led by the RDSS smart-grid project, gathered pace in the second quarter. REVENUE (H1) EBITDA (H1) PAT (H1) Q2FY27 REVENUE ₹213.3 Cr ₹31.0 Cr ₹20.0 Cr ₹134.9 Cr +73% YoY +64% YoY +69% YoY +112% YoY KEY FINANCIAL HIGHLIGHTS (₹ in crore, except per-share data and margins) Particulars H1 FY27 H1 FY26 YoY Change Revenue from Operations 213.31 123.03 +73% EBITDA 31.00 18.88 +64% EBITDA Margin (%) 14.54% 15.34% (81 bps) Profit After Tax 20.01 11.82 +69% PAT Margin (%) 9.38% 9.61% (23 bps) EPS – Basic and Diluted (₹)* 8.62 6.86 +26% *EPS is not annualised and is calculated on the weighted average number of shares. The IPO shares were allotted in September 2025, so H1 FY26 EPS is on a lower share count. EBITDA excludes other income. QUARTERLY PERFORMANCE Particulars Q2 FY27 Q2 FY26 YoY Q1 FY27 QoQ Revenue from Operations 134.91 63.62 +112% 78.40 +72% EBITDA 19.01 9.97 +91% 11.99 +59% EBITDA Margin (%) 14.09% 15.68% (159 bps) 15.30% (121 bps) Profit After Tax 12.51 6.03 +107% 7.50 +67% PAT Margin (%) 9.27% 9.48% (21 bps) 9.57% (30bps) The Company reports results half-yearly. Q2 figures are derived as H1 less the Q1 figures published on 30 July 2026, and Q2 FY26 as H1 FY26 less Q1 FY26. The Company delivered strong growth in H1 FY27, with revenue increasing by 73% YoY to ₹213.3 Cr. In the second quarter alone revenue rose 112% to ₹134.9 Cr, carrying both the quarter's own billing and the June billing that moved from Q1 into Q2, as indicated on the Q1 earnings call. Growth was led by the Power T&D and Smart Grid vertical, which contributed 80% of H1 revenue against 46% in FY26. Solar EPC contributed 20% of revenue. EBITDA margin for the half was 14.54% (H1 FY 2026-27) against 15.34% (H1 FY 2025-26) a year earlier. Finance costs rose 51% to ₹5.89 Cr on higher working-capital borrowings. Sugs Lloyd Limited · H1 FY27 Media Release Page 1 of 4 BALANCE SHEET AND CASH FLOW Particulars (₹ Cr) 30 Sep 2026 31 Mar 2026 Net worth 157.22 137.21 Total borrowings 163.07 68.94 Debt to equity (x) 1.04x 0.50x Trade receivables 150 139 Inventories 12 11 Trade payables 75 61 Capital work-in-progress 37.05 – Standalone. Cash flow from operations was ₹(12.31) Cr in H1 FY27, against ₹(37.39) Cr for the full year FY26. Working capital increased with the scale-up of the Patna project, funded largely through working-capital facilities. Capital work-in-progress of ₹37.05 Cr primarily relates to assets under development for the NBPDCL rooftop solar project under the CAPEX-plus-RESCO model. OPERATIONAL HIGHLIGHTS ● Outstanding Order book of ₹1068 crore as on 30 September 2026 . ● Highest-ever half-yearly revenue: H1 FY27 revenue of ₹213.31 crore is already 71% of full-year FY26 revenue of ₹300.73 crore. ● Seven orders won in Q2 FY27, worth ₹466.43 crore including GST (₹395.28 crore excluding GST). ● Q2 order inflow of ₹395 crore ex-GST was 2.9 times Q2 revenue. ● On 21 August 2026 the Company acquired the shareholding of Sugs Renewables Private Limited, now a wholly owned subsidiary . ● Operational network now spans 11 states — Delhi, Bihar, Odisha, Madhya Pradesh, Gujarat, Punjab, Himachal Pradesh, Maharashtra, Uttar Pradesh, Meghalaya and Chhattisgarh. ● Qualified bid pipeline of ₹2500 crore under evaluation ₹1,207 crore as on 30 September. Management has guided to a strike rate of 15–20% on qualified bids. ● Recognised as Best Integrated T&D and Solar EPC Company of the Year at the EPS Energy Awards 2026. OUTLOOK AND GUIDANCE Demand remains policy-led and structural. The Revamped Distribution Sector Scheme commits approximately ₹3.04 lakh crore to smart metering and grid strengthening with up to 60% central support, targeting AT&C losses of 12– 15%, and the Union Budget 2026-27 allocates ₹18,000 crore to the scheme and ₹22,000 crore to PM Surya Ghar. India's 500 GW non-fossil capacity target by 2030 is driving large-scale augmentation of distribution networks — the Company's core addressable market. Battery storage and transmission, where the Company is bidding, are over and above its revenue targets. Management has set out a guidance of revenue of ₹1,000 crore for FY 27-28. MANAGEMENT PERSPECTIVE Mr. Santosh Shah, Managing Director and Promoter of Sugs Lloyd Limited, said: “H1 FY27 is the strongest half-year in our history. Revenue of ₹213.31 crore is up 73% and profit after tax of ₹20.01 crore is up 69%. On our last call we said that billing which slipped from June would come through in the second quarter, and it did: Q2 revenue of ₹134.91 crore is more than double the same quarter last year. We won seven orders worth ₹395 crore excluding GST in the quarter, led by an RDSS award for Punjab State Power Corporation in Faridkot and Gurdashpur Circle, which takes our distribution-reform work beyond Bihar, and three-year network O&M mandates from Tata Power's Odisha discoms. As of 30 September, our total order book stood at ₹1,068 crore, comprising ₹929 crore in Power T&D and ₹139 crore in Solar. In the Projects business, we continue to explore opportunities in transmission, SCADA and Battery Energy Storage Systems (BESS) to support our future growth. Sugs Lloyd Limited · H1 FY27 Media Release Page 2 of 4 In parallel, development work is progressing in our Products business, with supplies of compact FPIs expected to commence in Q3 FY27. Development activities for VCBs and Ring Main Units (RMUs) are also underway as part of our product portfolio expansion. We are also evaluating strategies to increase the contribution of the Products business to our overall revenue. Our business remains weighted to the March quarter. Our focus for the rest of the year is execution discipline, collections and converting our qualified pipeline. The Board and management remain committed to building this business with discipline and to creating durable, long-term value for all our stakeholders.” ABOUT SUGS LLOYD LIMITED Sugs Lloyd Limited is a leading EPC company engaged in Power T&D, solar and smart-grid solutions across India. Established in 2009 and listed on the BSE SME platform in September 2025, the Company has evolved into a trusted delivery partner for power infrastructure projects under national schemes such as RDSS and IPDS. It combines tr [Showing first 8,000 characters — download PDF for full document]