Revenue: Increased by 16.5%, from ₹13.04 crore in FY25 to ₹15.18 crore in FY26.
EBITDA: Increased from ₹13.04 crore in FY25 to ₹15.18 crore in FY26. (Note: The presentation states "EBITDA grew by 16.5% From 13.04 in FY 25 to 15.18 In FY 26", which appears to use the same base numbers as revenue. The exact EBITDA figure for FY25 is not explicitly stated separately from revenue).
PBT (Profit Before Tax): Increased by 30.7%, from ₹10.53 crore in FY25 to ₹13.76 crore in FY26.
PAT (Profit After Tax): Increased by 33.8%, from ₹7.79 crore in FY25 to ₹10.43 crore in FY26.
Net Worth: Increased by 226%, from ₹33.17 crore in FY25 to ₹108.09 crore in FY26.
Operational and Balance Sheet Highlights
Total Debt: Reduced by 70%, from ₹13.34 crore in FY25 to ₹4.06 crore in FY26.
Debtor Days: Reduced from 221 days in FY25 to 203 days in FY26.
Cash Flow from Operations: Improved by 220%, from a negative (₹10.51) crore in FY25 to a positive ₹12.63 crore in FY26.
Business Updates and Strategic Initiatives
New Subsidiary: Abhedhya Systems Private Limited was established on May 23, 2026. Its purpose is to design, develop, and manufacture RF-based solutions for defence, aerospace, telecommunications, radar, and satellite communications. It will also provide specialized engineering services.
Project Udaan (Manufacturing Facility): An update was provided on the new 65,000 sq. ft. facility in Hyderabad.
The Bhoomi Pooja was held on April 14, 2026.
Work orders have been placed for construction commencement.
The detailed timeline is:
Building Construction: April 2026 – May 2027 (Status: In Progress)
Machinery Ordering: December 2026 – February 2027
Machinery Erection: June 2027 – July 2027
Trial Run: October 2027 – November 2027
Commencement of Production: December 2027
Order Book and Outlook for FY27
Order Book: As of May 30, 2026, the order book stands at ₹31 crore.
Pipeline: Tenders quoted and awaiting finalization are valued at approximately ₹110 crore. Identified business opportunities under progress are valued at approximately ₹150 crore.
FY27 Guidance: Based on the current order book and pipeline, management is confident of achieving:
25% - 30% growth in top line (revenue).
45% - 50% growth in EBITDA.
45% - 50% growth in PAT.
Product Development
A custom-built Single Board Computer (SBC) is in an advanced stage for deployment in various on-board and ground-based system electronics.
Development of an Indigenous Harness Tester for Defence and Aerospace applications is underway.
Development of High Precision GIMBAL Systems for Defence & Aerospace applications is in progress.
Corporate Social Responsibility (CSR)
DEVNAR FOUNDATION FOR THE BLIND: Contribution of ₹5.5 lakhs for the purchase of 22 bed sets.
VISION FOR INCLUSIVE EMPOWERMENT AND WELFARE FOR PERSONS WITH DISABILITIES: Contribution of ₹6 lakhs for the purchase of a Braille Embosser, Air Conditioner, and to cover salaries and provisions.
Management and Governance
The Founder, Chairman & Managing Director is Mr. Madhusudhan Varma Jetty.
The board includes second-generation family members in key functional roles: Shashank Varma Jetty (CEO & Whole Time Director), Radhika Varma Jetty (Co-founder & Whole Time Director), and Hitesh Varma Jetty (Director – Technical & Whole Time Director).
The Independent Directors are Balasubramanyam Danturti, Dr. Sesha Rama Srinivasa Sastry, and Madadi Ugender Reddy.
The Company Secretary and Compliance Officer is Kameswara Rao Vempati.
The Chief Financial Officer is Sri Harsha Vadakattu.
Market Context
The presentation highlights a strong growth outlook for India's Automated Test Equipment (ATE) and System Integration market within aerospace & defence, driven by indigenous manufacturing and policy support like 'Atmanirbhar Bharat'.
The company received customer appreciation notes from the Ministry of Defence – Centre for Advance systems (April 2025), Ministry of Defence – RCI DRDO (July 2024), and Ministry of Defence – DLRL.
