Financial Performance Highlights (H1 FY 2026-27)

The company reported strong year-on-year growth across key financial parameters:

Comparative Financial Performance (₹ in Lacs):

| Particulars | H1 FY 2026-27 (30.09.2026) | H1 FY 2025-26 (30.09.2025) | % Increase YOY |

| Revenue from Operations | 7,504.94 | 4,203.96 | 78.52% |

| EBITA | 1,460.08 | 898.89 | 62.43% |

| Profit After Tax | 950.23 | 617.14 | 53.97% |

| Net Worth | 8,034.79 | 4,232.57 | 89.83% |

Segment-wise Performance Breakdown (₹ in Lacs)

The company's revenue is diversified across business verticals:

| Segment | Revenue | PBT |

| City Gas Distribution (CGD) | 4,967.67 | 1,015.22 |

| General Construction Service | 2,147.38 | 352.63 |

| Power Distribution | 389.88 | 48.72 |

| CBG | - | -5.09 |

| Total | 7,504.94 | 1,638.12 |

Segment Revenue Contribution:

  • City Gas Distribution (CGD): 66.19% of total revenue
  • General Construction Services: 28.61% of total revenue
  • Power Distribution: Remaining portion

Business Metrics and Outlook

Order Book: ₹370+ Crores as of November 2026

Tender Pipeline: ₹740+ Crores as of November 2026

FY27 Revenue Ambition: Approximately ₹195 crore

Management Commentary

Management highlighted strong business expansion with year-on-year growth in revenue and profitability. The company remains focused on strengthening core EPC capabilities and expanding into complementary infrastructure sectors.

Working Capital Challenges: The company acknowledged higher receivables and working capital requirements due to timing differences between project execution, milestone-based billing, client certification and collections. Management recognizes that cash flow conversion requires improvement and has initiated focused efforts to accelerate pending billings, strengthen collection mechanisms, and improve project-level working capital discipline.

Growth Strategy: The company remains focused on expanding presence across CGD, infrastructure, power distribution and emerging energy segments. Management emphasized that significant project execution and revenue generation generally occurs during the second half of the financial year.