ANNU PROJECTS LIMITED

Key Financial Highlights

Quarterly Performance (Q2 FY27):

  • Revenue from Operations: ₹15.74 crore
  • EBITDA: ₹2.94 crore (excluding Other Income)
  • EBITDA Margin: 18.68%
  • PAT: ₹1.01 crore
  • PAT Margin: 6.41%
  • Total Income: ₹16.54 crore
  • Total Expenses: ₹15.43 crore
  • Profit: ₹1.11 crore

Half-Yearly Performance (H1 FY27):

  • Revenue from Operations: ₹35.65 crore
  • EBITDA: ₹7.00 crore (excluding Other Income)
  • EBITDA Margin: 19.64%
  • PAT: ₹2.29 crore
  • PAT Margin: 6.42%
  • Total Income: ₹36.91 crore
  • Total Expenses: ₹33.55 crore
  • Profit: ₹3.36 crore

Year-over-Year Comparison (H1 FY27 vs H1 FY26):

  • Total Income increased from ₹6.51 crore to ₹36.91 crore (5.7x growth)
  • Total Expenses decreased from ₹16.84 crore to ₹33.55 crore
  • Profit improved from loss of ₹(10.33) crore to profit of ₹3.36 crore

Operational and Business Highlights

Order Book Status (as of September 30, 2026):

  • Total Order Book: ₹1,018.39 crore
  • Number of Ongoing Projects: 30
  • Aggregate Contract Value: ₹1,987.90 crore
  • Order Book Composition:
  • Telecom Infrastructure: ₹827.19 crore (81.23%)
  • Sewerage Infrastructure: ₹149.22 crore (14.65%)
  • Gas Pipelines: ₹16.59 crore (1.63%)
  • Railway Signalling: ₹25.38 crore (2.49%)

Business Expansion:

  • Successfully listed on BSE and NSE on September 2, 2026 through fresh issue of up to 1.77 crore equity shares
  • Proceeds earmarked for machinery capital expenditure and working capital requirements
  • Entered renewable energy sector through MoU with GEIE for JVVNL's rooftop solar project worth ₹44.3 crore (8,000 systems in Dausa, Rajasthan)
  • Secured ₹12.81 crore contract from Northeast Frontier Railway for 143 km fiber-optic cable deployment
  • Project portfolio expansion:
  • Gas Pipeline projects increased from 4 to 7
  • Railway Signalling projects increased from 1 to 4
  • Telecom projects increased from 4 to 5

Company Track Record:

  • Successfully completed 365 projects over 23 fiscal years
  • Aggregate project value of completed projects: ₹1,291.58 crore

Management Commentary

Mr. Sanjay Kumar Sarraf, Promoter, Chairman & Managing Director stated:

  • H1 FY27 represented a transformative period with strong revenue growth and portfolio expansion
  • Revenue grew 5.5x in H1FY27 compared to H1FY26
  • Listing provides access to capital for strengthening execution capabilities and meeting working capital requirements
  • Business traditionally weighted toward second half of financial year
  • Expects business momentum to strengthen in Q3 and be particularly strong in Q4 FY27
  • Focus remains on timely project execution, operational capabilities, financial discipline, and sustainable growth

Forward-looking Statements

Document contains cautionary statement regarding forward-looking statements subject to risks and uncertainties including regulatory changes, economic developments, and other factors that may cause actual results to differ materially.