Banka BioLoo Limited – Investor Presentation Summary

Key Operational Highlights

  • 25,000+ bio-toilet units deployed with 25,000+ railway systems serviced daily
  • >12 MLD faecal sludge treated with >4 BLD used water treated
  • 5 STPs completed in Q2 FY26-27 plus multiple smaller projects
  • 650+ employees on roll with pan-India presence across 7 zones and 26 states
  • Key drivers: Shift from government to private clients (Brigade, Reliance, RMZ, Auro Infra) enabling better cash-flow management

Segment-wise Performance

  • Rail segment: ₹24.9Cr of unexecuted order book (30% of total)
  • Non-Rail segment: ₹58.5Cr of unexecuted order book (70% of total)
  • Q2 order booking of ₹16Cr came 100% from private clients
  • Significant change: Order mix moving from long-cash-cycle government/Rail orders to Category A+ private clients

Financial Highlights

Standalone Performance (₹ Lakhs):

  • Q2 Total Income: ₹1,656L (+24.5% YoY)
  • Q2 EBITDA: ₹157L (9.5% margin)
  • Q2 PAT: ₹41.6L
  • H1 Total Income: ₹3,296L (+22.5% YoY)
  • H1 PAT: ₹78.7L (vs loss of ₹96.8L YoY)
  • H1 Operating Cash Flow: ₹188L (vs ₹106L YoY)

Consolidated Performance (₹ Lakhs):

  • Q2 Total Income: ₹1,187L (-9.2% YoY)
  • Q2 EBITDA: ₹238L (20.1% margin)
  • Q2 PAT: ₹13.1L (vs loss of ₹108.9L YoY)
  • H1 Total Income: ₹2,252L
  • H1 PAT: ₹9.2L (vs loss of ₹108.6L YoY)

Drivers of performance: Shift from one-off EPC to recurring annuity model, better cash-flow management from private clients

Geographical Revenue Split

Not Specified

Balance Sheet Snapshot

  • Net Debt/Equity: 0.82x (0.74x at 31 March 2026)
  • Financial Health: Improved liquidity with H1 operating cash flow of ₹188L standalone

Capex & Cash Flow Health

  • Megaliter H1 Capex: ₹1,243L
  • Funding: ₹500L outside equity + ₹411L net borrowings
  • Investment Rationale: Building long-term annuity model where Megaliter owns plants and earns contracted recurring revenue

Strategic & R&D Initiatives

  • Investments in water infrastructure portfolio with 16 contracted projects
  • ₹140+ Cr contracted long-term value with ~80% yet to be recognised
  • Digital transformation: Performance monitoring across assets with 10+ assets online, all 25+ STP sites to be online in Q3
  • Expected impact: Transition to recurring revenue model with higher margins

Industry Trends & Business Environment

Not Specified

Management Commentary & Growth Outlook

  • Strategic Outlook: Focus on converting platform into recurring revenue, cash and sustainable profit
  • FY27 Execution Priorities: Commission → Bill → Collect → Sustainable PBT
  • 2030 Ambition: 15+ billion litres annual water recycling (not FY27 guidance)
  • Risks: Lower government dependence achieved, focusing on private client execution

ESG Updates

  • Social Impact: Addressing socio-economic inequalities and improving quality of life for marginalized communities through safe sanitation, water reuse and dignified livelihoods