# Emmforce Autotech H1FY27 Net Profit Climbs 54% to ₹624.33 Lakh as OEM Revenue Share Reaches 41% > Emmforce Autotech posted a 54% rise in H1FY27 net profit to ₹624.33 lakh, with OEM revenue at 41% of sales and operating cash flow negative at ₹(588.36) lakh. - Published: 2026-11-15T16:57:45+00:00 - Section: Earnings & Results - Author: News Desk - URL: https://newsforagent.com/news/2026-11-15/emmforce-autotech-h1fy27-profit-oem-shift - Source: [ScanX](https://scanx.trade/stock-market-news/companies/emmforce-autotech-q2fy27-results-net-profit-up-54-yoy-624-lakh/55933460) ## Key takeaways - Emmforce Autotech's consolidated net profit rose 54% year on year to ₹624.33 lakh for the half-year ended September 30, 2026. - OEM revenue contribution climbed to 41% in H1FY27 from 7% in FY26, driven by a ₹470 crore multi-year US OEM order. - Operating cash flow turned negative at ₹(588.36) lakh as trade receivables rose to ₹6,285.93 lakh from ₹3,368.35 lakh at March 31, 2026. [Emmforce](https://akta.pro/company-profiles/000462f/emmforce) Autotech reported a 54% year-on-year rise in consolidated net profit to ₹624.33 lakh for the half-year ended September 30, 2026, up from ₹405.42 lakh a year earlier. Revenue from operations rose 72.6% to ₹9,246.25 lakh, [ScanX](https://scanx.trade/stock-market-news/companies/emmforce-autotech-q2fy27-results-net-profit-up-54-yoy-624-lakh/55933460) reported on November 15, 2026. ## Emmforce's H1FY27 Profit and Revenue Growth Emmforce is an Indian automotive drivetrain component maker founded in 1993 and listed on the BSE, producing axles, shafts, hubs, spindles, yokes, differential parts and hydraulic pumps for OEMs, defense, agriculture and the US performance racing aftermarket, according to company records. Total income for the half-year reached ₹9,249.44 lakh against ₹5,363.28 lakh, while profit before tax rose 37.8% to ₹918.66 lakh. Basic earnings per share increased to ₹3.05 from ₹1.98. Standalone net profit rose to ₹900.65 lakh from ₹643.47 lakh, on standalone revenue of ₹8,389.35 lakh against ₹4,946.73 lakh. The customer mix shifted sharply: OEM contribution to revenue climbed to 41% in H1FY27 from 7% in FY26, driven by the commercial ramp-up of a ₹470 crore multi-year US OEM order. Performance and racing components fell to 24% from 34%, and aftermarkets to 25% from 59%. Standalone EBITDA margin was about 19%, down from 22%, which the company attributed to raw material, energy and freight cost inflation from geopolitical disruptions in West Asia; management said it is seeking price revisions from overseas customers toward a 20–22% target range. Consolidated EBITDA margin was 17%, reflecting ramp-up costs at subsidiary Emmforce Mobility Solutions Private Limited, which recorded a net loss of ₹281.81 lakh after a two-month labor disruption at key client TAFE. The company expects the subsidiary to eliminate cash losses in H2FY27. ## Why Emmforce's Operating Cash Flow Turned Negative Net cash from operating activities turned negative at ₹(588.36) lakh, compared with a positive inflow of ₹383.06 lakh a year earlier, as trade receivables rose to ₹6,285.93 lakh at September 30, 2026, from ₹3,368.35 lakh at March 31, 2026. Working capital changes produced a cash outflow of ₹2,634.51 lakh from the rise in trade and other receivables, which management described as a deliberate investment to support the ₹470 crore US order. Total assets expanded to ₹18,677.67 lakh from ₹15,476.37 lakh, short-term borrowings increased to ₹3,661.14 lakh, and the net debt to equity ratio stood at 0.53x. ## Emmforce's Earlier US OEM Contract and Investor Meetings In October 2025, Emmforce secured an annual supply contract valued at Rs 10.50 crore (approximately USD 1.25 million) from a US-based OEM for automotive drivetrain components, according to akta.pro [company records](https://akta.pro/company-data). The same records describe an integrated manufacturing footprint of 150,000 sq. feet in Himachal Pradesh and exports of differential and driveline parts to more than 20 countries over nearly 2.5 decades. Emmforce held its third AGM on August 28, 2026, approving FY26 audited accounts, reappointing Ashok Mehta as MD and Azeez Mehta as Wholetime Director, and approving a ₹35 crore unsecured loan to Emmforce Mobility Solutions, ScanX reported. The company hosted a virtual analyst meeting on September 29, 2026, as part of the Arihant Capital Bharat Connect Conference Rising Star 2026. ## Emmforce's Merger and MainBoard Timeline The board has proposed merging related party [Emmbros Automotives](https://akta.pro/company-profiles/000k1td/emmbros-automotives) into Emmforce Autotech, bringing axle shafts and transmission shafts under the listed entity and ending related-party transactions ahead of a planned migration to the MainBoard by May 2027. Emmforce reaffirmed full-year FY27 consolidated revenue guidance of ₹195 crore and said it plans to begin hydraulic pump sales in H2FY27. ## Companies in this story - [Emmforce company profile](https://akta.pro/company-profiles/000462f/emmforce) · website: https://emmforce.com - [Emmbros Automotives company profile](https://akta.pro/company-profiles/000k1td/emmbros-automotives) · website: https://www.emmbros.in --- News for Agent · https://newsforagent.com/llms.txt