MOSCHIP TECHNOLOGIES — Q2 PERFORMANCE (YoY)
MOSCHIP
Financials
Revenue: ₹1,470 Mn vs ₹1,260 Mn — solid topline growth
Net Profit: ₹121.5 Mn vs ₹97.3 Mn — profitability improved
EBITDA: ₹168.1 Mn vs ₹157 Mn — up in absolute terms
EBITDA Margin: 11.45% vs 12.53% — margin contraction
Interpretation
Demand environment remains healthy — revenue growth confirms it
Profit growth outpaced last year despite cost/margin pressure
Margin dip suggests either higher input/people cost or pricing squeeze — to be monitored ahead
View
Moschip remains a semicon design + IP-led play with optionality from India’s semiconductor policy ecosystem. If upcoming quarters show margin stability + order visibility, the earnings compounding story can strengthen further.
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