Financial Performance Highlights
Half-Yearly Performance (H2 FY26 vs H2 FY25):
- Revenue: ₹110 crore (308% YoY growth from ₹27 crore)
- EBITDA: ₹20 crore (158% YoY growth from ₹8 crore)
- EBITDA Margin: 17.9% (vs 28.3%)
- PBT: ₹13 crore (158% YoY growth from ₹5 crore)
- Tax Rate: 40.3% (includes deferred tax of ₹2.8 crore)
- PAT: ₹8 crore (84% YoY growth from ₹4 crore)
- PAT Margin: 7.3% (vs 16.1%)
Half-Yearly Sequential Performance (H2 FY26 vs H1 FY26):
- Revenue: 167% growth from ₹41 crore
- EBITDA: 128% growth from ₹9 crore
- PAT: 83% growth from ₹4 crore
Full Year Performance (FY26 vs FY25):
- Revenue: ₹151 crore (346% YoY growth from ₹34 crore)
- EBITDA: ₹28 crore (251% YoY growth from ₹8 crore)
- EBITDA Margin: 18.7% (vs 23.8%)
- PBT: ₹20 crore (467% YoY growth from ₹3 crore)
- Tax Rate: 37.0% (vs 27.2%)
- PAT: ₹12 crore (391% YoY growth from ₹3 crore)
- PAT Margin: 8.2% (vs 7.4%)
Operational Highlights
Capacity Expansion:
- Manufacturing footprint expanded from 15,000 sq. ft. to 55,000 sq. ft. (3.7x increase)
- Integrated facility includes high-speed SMT lines, in-house plastic moulding, and end-to-end assembly capabilities
- Soundbox manufacturing capacity to increase from 1.5 lakh units/month to 2.5 lakh units/month (single-shift run-rate)
Order Book & Business Development:
- Secured order for 1 million CNIC communication units valued at approximately ₹45 crore
- Received order for 25,000 Weather Monitoring Systems (WMS) from Indian telecom company with commitment for another 15,000 units
- Strategic engagement with global payment network ecosystem serving 800 banking institutions across Africa for soundbox and SaaS solutions
- Partnership with global player to enter walkie-talkie segment
FY27 Outlook & Guidance
- Revenue Projection: ₹380-400 crore
- EBITDA Projection: ₹72-80 crore (19-20% margin)
- PAT Projection: ₹38-44 crore (10-11% margin)
- Quarterly revenue run-rate expected to reach ₹95-100 crore during FY27
- Outlook based on capacity expansion, soundbox ramp-up, CNIC order execution, and WMS segment scaling
- Does not include potential contributions from walkie-talkie segment, real-time monitoring devices, or international opportunities
Forward-Looking Statements Disclaimer
The press release contains forward-looking statements based on certain assumptions and expectations, with actual results potentially differing materially due to risks and uncertainties.