Financial Performance Highlights for FY 2025-26

  • Revenue from Operations: ₹4,308.84 lakh, representing a 38% year-on-year growth.
  • EBITDA: Improved by ₹7.91 lakh compared to the previous year.
  • EBITDA Margins: Expanded by 1.70% compared to the previous year.
  • Profit After Tax (PAT): Stood at ₹16.88 lakh.
  • The company reported its sixth consecutive profitable quarter.

Management Commentary

GV Manimaran, Chairman and Managing Director, stated that the company is strengthening its operational foundation and pursuing scalable growth opportunities. The focus areas are improving profitability, enhancing execution capabilities, improving capital efficiency, and creating long-term stakeholder value. The consecutive profitable quarters are attributed to the commitment of the team, employees, customers, and stakeholders.

Current Projects and Business Expansion

The company provided a list of ongoing and upcoming projects it is executing or evaluating:

  • Mahatma Gandhi Medical College and Research Institute, Puducherry: Construction of Arts & Science Block.
  • Bharat Institute of Higher Education & Research, Selaiyur, Chennai: Construction of Hostel for Arts & Science Students.
  • Bharat Institute of Higher Education & Research, Selaiyur, Chennai: Maintenance Civil Works for Bharat Medical College, Hospital & Hostel.
  • Silver Sands Beach Resort, Mahabalipuram, Chennai: Proposed Construction of Beach Resort.
  • Lakshmi Ammal Educational Trust – Nandhivarman Medical College, Walajabad, Kanchipuram District: Construction of Hospital, Medical College & Hostel Facilities.
  • Kalaimaran Residential Project, Manivakkam, Chennai: Construction of Residential Apartments.

These projects are expected to contribute significantly to future revenues and improve order book visibility.

Strategic Update: Asset-Light Business Model

The company is transitioning to an asset-light business model as part of its long-term strategic roadmap. The stated purpose is to improve capital efficiency, enhance return ratios, reduce fixed overheads, and enable scalable growth. The strategy will focus on:

  • Project management and development capabilities.
  • Strategic partnerships and joint development models.
  • Outsourced and execution-efficient construction mechanisms.
  • Redevelopment and urban renewal opportunities.
  • Lean and agile operational structures.

This transformation is expected to optimize resource utilization, improve financial flexibility, reduce capital-intensive exposure, and strengthen long-term profitability.

Market Performance

The disclosure notes that the company's share price has witnessed significant appreciation over the past year, which is attributed to strengthening business fundamentals, consistent profitability, improved operational performance, expansion initiatives, and positive long-term growth prospects.

Additional Information

  • The document was signed and digitally executed by GV Manimaran, Chairman and Managing Director, on 25th May 2026 at 22:23:33 IST.
  • A copy of the press release was stated to be uploaded on the company's website at www.coromandelengg.com.
  • The document includes a standard disclaimer noting that forward-looking statements are subject to risks and uncertainties.