Financial Performance Highlights (Consolidated)

Q1 FY27 Performance (Quarter Ended 30 June 2026)

  • Revenue: ₹2,721 Crore, representing a 6% year-on-year (YoY) increase
  • EBITDA: ₹285 Crore, representing a 9% YoY increase
  • EBITDA Margin: 10.48%
  • Profit After Tax (PAT): ₹141 Crore, representing a 3% YoY increase
  • PAT Margin: 5.18%

Full Year FY26 Performance (Audited)

  • Revenue: ₹10,061 Crore, representing a 9% YoY increase
  • EBITDA: ₹1,199 Crore, representing a 28% YoY increase
  • EBITDA Margin: 11.92%
  • PAT: ₹598 Crore, representing a 60% YoY increase
  • PAT Margin: 5.94%

Balance Sheet Position (as of FY26)

  • Networth: ₹2,400 Crore, increased by 31% YoY (Q1 FY27: ₹2,492 Crore, up 26% YoY)
  • Net Debt: ₹527 Crore (Q1 FY27: ₹700 Crore)
  • Total Assets: ₹7,087 Crore
  • Cash and Cash Equivalents: ₹475 Crore
  • Return Metrics: RoCE 34%, RoE 28% (Q1 FY27: RoCE 33%, RoE 27%)
  • Net Debt to EBITDA: 0.44x

Order Book and Business Metrics

Order Book Position (as at 30 June 2026)

  • Total Order Book: ₹31,307 Crore
  • Orders Secured in Q1 FY27: ₹8,519 Crore
  • Number of Projects: 80+ projects across 8 sectors
  • Client Base: 30+ diversified clients
  • Geographical Footprint: 98% India, 2% Overseas
  • Client Break-up: Government (10%), PSU (27%), Private (63%)

Order Book Sector Breakdown

1. Maritime Structures: ₹7,258 Cr (23.2% of order book)

2. Urban Infrastructure, MRTS and Airports: ₹6,494 Cr (20.7%)

3. Industrial Structures and Buildings: ₹5,314 Cr (17.0%)

4. Data Centre: ₹4,154 Cr (13.3%)

5. Water and Wastewater: ₹3,414 Cr (10.9%)

6. Highways, Bridges and Flyovers: ₹2,617 Cr (8.4%)

7. Foundation and Specialist Engineering: ₹1,296 Cr (4.1%)

8. Hydro, Dams, Tunnels and Irrigation: ₹760 Cr (2.4%)

Major Orders Secured in Q1 FY27

  • Construction of Morsagar Artificial Reservoir and Feeder in Rajasthan
  • Various Data Centre works in Maharashtra

Operational Highlights and Project Execution

The company has significant projects under execution across various sectors:

Maritime Structures

  • Near Shore Reclamation and Shore Protection for Greenfield Vadhvan Port in Maharashtra
  • Construction of Container terminal at Mundra, Gujarat
  • Balance Outer Harbour Works in Andhra Pradesh
  • Bulk & Breakwater for development of Greenfield Captive Jetty in Odisha
  • Third Berth (Jetty) at Dahej LNG Terminal in Gujarat
  • LNG Jetty in Abu Dhabi
  • Container Berth Ph II at Vizhinjam in Kerala
  • Marine Project in Bangladesh

Urban Infrastructure, MRTS and Airports

  • Underground tunneling and stations for metros in Chennai, Bengaluru, Pune, Mumbai, Delhi and Kolkata
  • Infrastructure works at Jaipur International Airport in Rajasthan
  • Infrastructure works at Trivandrum International Airport in Kerala
  • Construction of stations and allied works in Bengaluru

Other Sectors

Multiple projects across industrial structures, data centers, water infrastructure, highways, foundations, and hydro power sectors.

Credit Rating Update

  • Credit ratings upgraded by CARE and ICRA
  • Rating highlights include significant ramp-up in scale of operations with revenue CAGR of ~30% in last 6 years
  • Improved medium-term revenue visibility and execution flexibility
  • Current rating: [A+] (as mentioned in presentation)

ESG Initiatives and Performance (2025-26)

Environmental Initiatives

  • Use of Renewable Energy (Solar Panels): Annual reduction of 39.12 tonnes CO₂e emissions
  • Use of leftover concrete: Reduction of 73.92 tonnes CO₂e emissions
  • Reuse of steel (minimize virgin raw material): Reduction of 3,348 tonnes CO₂e emissions
  • Installed Organic Waste Composter (OWC): Generated 15,583 kg of manure, reducing 26.90 tonnes CO₂e emissions
  • Waste management: 10,119 tons recycled via authorized vendors, 3,644 tonnes reused in operations
  • Wastewater Management: 56,414 kL water reused

Health and Safety Performance

  • Safe Million Manhours worked: 128 million
  • EHS Awareness and Training Sessions Conducted: 1,776
  • EHS & IMS Audit: 323
  • LTIFR (Lost Time Injury Frequency Rate): 0.09
  • Injury Incident Rate (IR): 0.35

Corporate Governance

  • Board composition: 50% Independent Directors
  • 80% of Statutory Committees chaired by Independent Directors
  • 67% of additional business-specific committees chaired by Independent Directors
  • Board includes experienced directors with expertise in business transformation, resource mobilization, entrepreneurial vision, and strategic leadership