Subject: Investor Presentation
Management Commentary & Financial Performance
Managing Director Sanjiv Joshi provided commentary on the company's 1QFY27 consolidated performance:
- Revenue from operations grew 80% Year-on-Year (YoY) to ₹125 crore, up from ₹70 crore in 1QFY26.
- EBITDA increased significantly to ₹5 crore, compared to ₹0.28 crore in the same period last year.
- Profit After Tax (PAT) improved to ₹0.49 crore, reversing from a loss of ₹2.44 crore in 1QFY26.
- The company saw order inflows worth ₹283 crore during the quarter.
- The outstanding order book as of June 2026 stands at ₹618 crore.
- Management reiterated FY27 guidance of approximately 10% sustainable topline growth with stable margins.
Strategic Acquisition: Penta Automation Systems
- Batliboi Ltd acquired 100% of the paid-up equity share capital of Penta Automation Systems Private Limited in July 2026.
- The total acquisition value is ₹19.8 crore.
- The transaction structure involved an upfront payment of ₹15.84 crore (80%) in cash at closing, with the balance ₹3.96 crore (20%) deferred over 5 annual payments starting April 2027.
- Penta is a profitable company specializing in customizing industrial automation solutions for industries including automotive, bearings, electricals, and medical equipment.
- It reported revenue of ₹25.17 crore in FY26.
- The existing shareholders were Manders Industries B.V. (Netherlands) holding 49% and founders Mr. Dharmesh Mistry & Ms. Avani Mistry holding 51%.
- Post-acquisition, Penta becomes a subsidiary of Batliboi, and its subsidiary Pats Robotics becomes an indirect subsidiary.
- The founders have committed to a minimum 5-year management continuity to support growth and integration.
Divisional Performance and Order Updates
Machine Tools Division:
- The division's order backlog as of June 2026 was ₹183 crore, accounting for 30% of the company's overall backlog.
- This backlog comprises ₹34 crore from Machine Tool Manufacturing and ₹149 crore from Trading.
- During the quarter, the trading division installed 1 machine, while the manufacturing division installed 88 machines.
Quickmill (Canadian Subsidiary):
- Quickmill, which manufactures large-size Gantry Drilling & Milling machines, had an order inflow of ₹45 crore in 1QFY27.
- It recorded a turnover of ₹45 crore in 1QFY27.
- Order bookings and enquiry levels have improved from Q2 of the previous fiscal.
Textile Machinery Division:
- The order backlog for this division stood at ₹201 crore as of June 2026.
- Management cites revived sentiment in the textile sector, supported by potential Free Trade Agreements (FTAs) with the EU and UK.
Environmental Engineering Group (EEG):
- The division secured a major contract from SAEL Industries Ltd. valued at ₹52 crores.
- The contract is for the Design, Supply, Installation, and Commissioning of a pollution control system for SAEL's upcoming Solar Cell Manufacturing facility in Jewar, Uttar Pradesh.
- The division reported revenue of ₹27 crore in 1QFY27, representing approximately 22% of the company's total revenue.
- Its order backlog as of June 2026 was ₹134 crore, accounting for 22% of the total company backlog.
- The Udhna Fan Manufacturing Unit was merged with EEG from July 1, 2025, to achieve operational synergies.
Bioconserve Renewables Envirotech Pvt Ltd (Subsidiary - BREPL):
- BREPL is a specialized provider of Effluent Treatment Plants (ETPs) designed to achieve Zero Liquid Discharge (ZLD).
- Its projected growth potential is 12%-15% CAGR.
Strategic Initiatives and Outlook
The presentation outlined several strategic growth initiatives:
- Tapping opportunities in the CNC (Machine Tools) market in India and the Middle East.
- Exploring emerging opportunities in Air Engineering and Textile Machinery in South East Asia and North Africa.
- Scaling the newly acquired Penta Automation business by leveraging Batliboi's existing customer base.
- Growing the effluent and water treatment business through BREPL.
- The global CNC Machines Market was cited as a massive opportunity, valued at ~USD74bn in 2024 and forecast to reach ~USD188bn by 2034.
- The Industrial Water Treatment market in India was highlighted as a strategic growth opportunity due to a critical water gap and regulatory tailwinds mandating ZLD.
- The Indian Industrial robotics market is seen as structurally growing, driven by factors like the "China+1" supply chain shift and PLI scheme incentives.
Annexures and Key Management
- Nirmal Bhogilal: Chairman, B.Sc. (Engg.), Chemical Engineering. Past President and current Committee Member of IMTMA.
- Sanjiv Joshi: Managing Director, B.E. Mechanical, PG in Marketing Management. Over 40 years of industry experience, appointed MD in November 2020.
- Kabir Bhogilal: Director, BA (Hons) Business Administration. Director on IMTMA and Maharashtra Dyslexia Association.
Financial Tables (Consolidated)
Profit & Loss (₹ crore):
| Particulars | 1QFY27 | 1QFY26 | % YoY Chg | FY26 | FY25 | % YoY Chg |
| Revenue from Operations | 125 | 70 | 80% | 440 | 413 | 7% |
| Gross Profit | 45 | 28 | 59% | 163 | 151 | 9% |
| EBITDA | 5 | 0.28 | N/A | 28 | 29 | -4% |
| EBITDA Margin % | 4% | 0.4% | 360 bps | 6% | 7% | -100 bps |
| Net Profit | 0.49 | -2.44 | N/A | 7 | 13 | -52% |
| EPS Basic (before exceptional) (₹) | 0.10 | -0.53 | N/A | 2.57 | 2.88 | -11% |
Balance Sheet (₹ crore):
| Particulars | FY26 | FY25 | FY24 |
| Total Assets | 470 | 438 | 393 |
| Total Equity | 232 | 225 | 155 |
| Total Liabilities | 238 | 213 | 238 |