Banka BioLoo – Investor Presentation Summary

Key Operational Highlights

  • 16 contracted projects in Megaliter portfolio with ₹122+ crore lifetime value (LTV)
  • ₹107 crore order book position as of 31 March 2026
  • Platform focused on essential water and sanitation services with 2030 vision of 15+ billion litres annual water recycling
  • Key drivers: Integration of Banka Bio (builds and operates) and Megaliter (funds, owns and contracts) into recurring-services model

Financial Highlights

  • Net operating revenue: Increased 5.4% year on year
  • Profit/(loss) before tax: Improved from (₹9.12) crore to (₹0.26) crore
  • EBITDA: ₹6.49 crore (includes ₹0.84 crore award income as other income)
  • EBITDA excluding other income: ₹5.20 crore
  • Earnings per share: Improved from (₹8.21) to ₹0.32
  • Profit attributable to shareholders: Positive turnaround
  • Drivers of performance: Execution discipline, procurement improvements, and selective growth

Balance Sheet Snapshot

  • Gross borrowings increased while adjusted net debt declined
  • Liquidity improved as of 31 March 2026
  • Capital discipline maintained with project investment matched to available funding
  • Adjusted net debt and equity ratio follow company-disclosed calculation basis

Capex & Cash Flow Health

  • Funding strengthened liquidity position
  • Capital expenditure matched to project economics and available funding
  • Working-capital discipline identified as key execution priority
  • Focus on converting operating recovery into cash flow

Strategic Initiatives

  • Integrated water-services platform combining Banka Bio (operations) and Megaliter (funding/ownership)
  • Digitization of operations to expand performance monitoring across assets
  • 2030 vision targeting 15+ billion litres annual water recycling (not FY27 guidance)
  • Strategic rationale: Creating recurring revenue model through essential water and sanitation services

Management Commentary & Growth Outlook

  • FY26: Earnings recovery achieved
  • FY27: Focus on converting contracted revenues into cash through commissioning, billing, and collections
  • Execution priorities: Commission portfolio, improve collections, strengthen profitability, maintain funding discipline, digitize operations
  • Progress indicators: Commissioning status, contract assets, receivable ageing, operating cash flow, PBT, EBITDA excluding other income, attributable PAT, capital expenditure, commitments, debt, guarantees, assets monitored, uptime, service performance
  • Key milestone: Deliver sustainable profit before tax (PBT)

Key Risks

  • Value realization depends on contract movement from signed → funded → commissioned → operating → billed → collected
  • Outcomes determined by delivery performance, economics, and collections efficiency
  • Project assumptions subject to operating performance, collections, capex, and financing