Financial Performance - Standalone (Railway Business)

Half Year Ended September 30, 2026 (H1FY26-27):

  • Revenue: ₹4,982.46 lacs (compared to ₹5,403.89 lacs in H1FY25-26, decrease of 7.80%)
  • EBIDTA: ₹788.37 lacs (compared to ₹865.68 lacs in H1FY25-26, decrease of 8.93%)
  • EBIDTA Margin: 15.82% (compared to 16.02% in H1FY25-26)
  • Profit After Tax: ₹495.49 lacs (compared to ₹530.31 lacs in H1FY25-26, decrease of 6.57%)

Financial Performance - Consolidated

Half Year Ended September 30, 2026 (H1FY26-27):

  • Revenue: ₹16,209.53 lacs (compared to ₹12,819.94 lacs in H1FY25-26, increase of 26.44%)
  • EBIDTA: ₹1,191.01 lacs (compared to ₹954.80 lacs in H1FY25-26, increase of 24.74%)
  • EBIDTA Margin: 7.35% (compared to 7.45% in H1FY25-26)
  • Profit Before Tax: ₹714.23 lacs (compared to ₹448.08 lacs in H1FY25-26, increase of 59.40%)
  • Profit After Tax: ₹527.66 lacs (compared to ₹362.94 lacs in H1FY25-26, increase of 45.38%)

Railway Electrification Segment Performance

During H1 FY26-27, railway business performed satisfactorily despite slight revenue reduction due to delays in finalization of contracts where the company is the lowest bidder. Second half expected to improve with commencement of works in awarded contracts. Company maintains quality execution policy without margin compromise.

EBIDTA margin decreased by 0.20% due to inflationary pressures particularly in non-ferrous components. Company expects margin normalization in second half of fiscal.

Management maintains positive outlook with order visibility and focus on efficiencies. Railway business order book as of September 30, 2026 stands at ₹30,004.05 lacs.

Rice Bran Oil Extraction Plant Performance

300 TPD (tonnes per day) Rice Bran Oil Extraction plant showed improved capacity utilization during H1 FY26-27 and achieved profitability compared to loss in same period last year.

Capacity utilization expected to further improve in second half with introduction of rapeseed extraction alongside rice bran extraction. New product addition expected to cater to wider customer variety and enhance profitability.

Products have gained customer loyalty due to quality and timely deliveries.