Financial Performance Highlights - Q2 FY27
- Revenue: ₹57 crore, representing 70.9% year-on-year growth from ₹33 crore in corresponding period last year
- EBITDA: ₹11 crore, representing 108.8% year-on-year growth
- EBITDA Margin: 18.8%, improving from previous year
- PAT: ₹8 crore, representing 46.5% year-on-year growth
Management Commentary
Executive Director Kamlesh N. Shah attributed performance to sustained business momentum and effective execution of strategic priorities. The growth was driven by robust execution of order book, supported by healthy order inflows and sustained demand across key business drivers.
Operational Highlights
- Performance driven by improvement in operational leverage from higher revenues and better capacity utilisation
- Disciplined cost management contributed to margin improvement
- Margins are reported to be in line with targeted range of 18-20%
Order Book Position
Company maintains healthy open order pipeline of ₹133 crore as of the reporting date.
Business Outlook
Management remains optimistic about demand environment, supported by ongoing infrastructure development and increased mining activity. Company expects to sustain growth momentum based on strong customer relationships, focus on innovation, quality, and execution capabilities.
Filing Details
Submitted by: Rikenkumar Dalwadi, Company Secretary & Compliance Officer
Digitally signed: Rikenkumar Bhupendrabhai Dalwadi on 2026.10.13 at 15:05:44 +05'30'