ACGL Q2 FY26 Earnings Results

Company Overview

Incorporated in 1980, Automobile Corporation of Goa Ltd (ACGL) specializes in bus body building and pressing operations. It is a key supplier to major automotive manufacturers, notably Tata Motors, producing pressed parts and bus bodies through its Pune-based facilities. Presenting below its Q2 FY26 Earnings Results.

Q2 FY26 Earnings Results 

• ACGL reported revenue of ₹261 crore for Q1 FY26, reflecting a sequential increase of 25.78% and growth compared to the same quarter last year.
• The company’s EBITDA stood at ₹32.21 crore, translating to a margin of 12.35%.
• Profit Before Tax (PBT) rose 27.73% sequentially to ₹30.90 crore, with a margin of 11.85%.
• Earnings per share (EPS) was ₹37.90, up from previous quarters.
• ACGL delivered 2,784 units during the quarter, up from 2,462 units in Q1 FY25, supported by higher tonnage orders and improved product mix.

Operational & Strategic Update

ACGL’s growth was driven by robust orders from Tata Motors Limited, which contributed approximately 88% of the quarter’s revenue at ₹231.16 crore. The bus body building division recorded ₹233.86 crore revenue, a 29.4% year-on-year rise, while pressing division revenue grew moderately.

The company has implemented digitization initiatives to enhance design capabilities and process efficiencies. It also continues sustainability initiatives aligned with the Tata Group’s commitments.

Outlook

The company remains focused on expanding production capacity, improving operational efficiencies, and strengthening its position in the automotive components sector. Continued strategic partnerships with key clients and investment in innovation are expected to drive growth and profitability in upcoming quarters.

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