Knack Packaging Reports Strong Q2 FY27, Revenue Climbs 52.52% To ₹294.76 Crore; Net Profit Up 21.24%

Mumbai-based Knack Packaging Limited reported impressive financial results for the second quarter and half year of fiscal year 2026-27, boasting a 52.52% surge in revenue to ₹294.76 crore and a 21.24% jump in net profit to ₹25.02 crore. Profit after tax (PAT) and total EBITDA both experienced notable growth, with the former rising to ₹25.02 crore from ₹20.64 crore in the same period last year, and the latter increasing 29.92% to ₹49.77 crore from ₹38.30 crore in the same period.

However, the company's EBITDA margin and PAT margin saw slight declines, with EBITDA margin dropping from 19.20% to 16.35% and PAT margin decreasing from 10.34% to 8.22%. Knack Packaging Chairman and Managing Director Apesh Tulsibhai Patel attributed the revenue growth to strong performance across domestic and international markets, as well as robust customer relationships.

He also noted that the slight decline in EBITDA margin was due to higher input costs, including crude oil-driven polymer price inflation and increased freight costs from disruptions in the Red Sea. The company implemented customer price revisions to mitigate these impacts, with anticipated benefits in the upcoming quarters. The company's recent acquisition and operations in Mexico also affected its PAT margin, but Patel expects this drag to reverse once the joint venture reaches breakeven.