Nature of Disclosure:

Financial Performance (Half-Year Ended 30th June):

  • Revenue from Sales: ₹12,621 million (2025)
  • EBITDA: ₹1,465 million (2026) | ₹1,707 million (2025)
  • Profit Before Tax: ₹1,607 million (2025) | Figure for 30th June 2026 not quantified

Strategic and Operational Highlights:

  • SAP S/4HANA Implementation: Underway with expected go-live in H1 FY2027. Expected cost impact in FY2027, though final amount is yet to be determined. Benefits include real-time insights, process automation, integrated operations, scalability, and enhanced controls.
  • Manufacturing Facilities: Located in Pimpri (HQ), Vambori, Chinchwad, Coimbatore, Kochi, Nashik, and Shirwal.
  • Management Team: Includes Mr. Rajeev Jain (Managing Director), Mr. Mahesh Bhave (CFO), Mr. Nitin Patil (VP Operations), Mr. Mohan Patil (VP HR), Mr. Sunil Bapat (VP Operations), and Mr. Prashant Kumar (VP Sales & Marketing).
  • Board of Directors: Comprises Mr. Gaurav Swarup (Chairman), Dr. Matthias Schmitz, Dr. Stephan Bross, Mr. Vishal Kampani, Ms. Sharmila Barua Roychowdhury, Mr. U. C. Muktibodh, and Mr. Ulhas Yargop.

Business Performance and Order Book:

  • Order Intake: Shows consistent growth in average monthly intake.
  • Orders On Hand: Stands at ₹27,445 million, supporting future growth.
  • Business Distribution: Domestic and export business (excluding nuclear exports) detailed.

Key Growth Drivers:

  • Energy (Conventional): Boiler Feed Pump packages, Condensate Transfer Pump packages, Refinery & Hydrocarbon Processing pumps, and first localized LUV/Boiler Circulation pump order.
  • Water/Wastewater: Significant projects in water management.
  • Commercial Building Services: Metro rail, urban infrastructure, residential townships, commercial real estate, and institutional projects. Products include firefighting (Gamma FXF/ETN FXM), pressure boosting (moviBOOST), HVAC (ETA Series), and smart building solutions (IE5 Etaline Pro).
  • Petrochemical: Gas separation, processing applications, refinery process pumps, and participation in large-scale domestic and international projects.

Emerging Segments:

  • Marine Business: Commercial shipbuilding, battery-electric & green marine propulsion, coast guard vessel applications. Products include ILN/ILNC/ILNR and AU/AU-Monobloc pumps.
  • New Technologies: Green hydrogen (electrolyser & hydrogen infrastructure), renewable energy (wind turbine cooling, generator & inverter cooling).
  • Data Centre: Cooling infrastructure, precision thermal management, mission-critical water circulation systems for hyperscale and enterprise data centres.

Nuclear Segment Highlights:

  • Facility: 1,00,000 sq meter plant established in 2017 with state-of-art features including nuclear mechanical seal manufacturing, IGBC Platinum rating, dust-free environment, rooftop solar (1000 kW), and digitalized test beds.
  • Capabilities: Dedicated nuclear organization, qualified manpower, first pump company with ISO 19443 certification.
  • Nuclear Journey: Five decades in India, supplying Primary Heat Transport Pumps for projects from 220 Mwe to 700 Mwe PHWR including Narora, Kakrapara, Rawatbhata, Kaiga, Tarapur, and GHAVP.
  • Orders on Hand: Includes pumps for GHAVP 1 & 2, Kaiga 5 & 6, and Kudankulam project. Entry into export market with supply of eight Critical Safety Class 2 Pumps for a nuclear power plant in Europe (Unit 5 and Unit 6).
  • Outlook: Company is prepared for India's vision of 100 GW nuclear capacity by 2047, with capabilities including latest NPP technology designs, 47 years of experience, stable supply chain, and acquisition of BP&CL pump range.

Capacity Expansion:

  • Shirwal Plant: Construction of additional shed completed, expanding manufacturing footprint. Projected capacity addition of 20%.