Gabion Technologies India Limited announced its unaudited standalone and consolidated financial results for the half year ended 30th September 2026 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance (Consolidated, ₹ Crores)

H1 FY27 vs H1 FY26 Comparison:

  • Revenue from Operations: ₹71.5 Cr (vs ₹40.6 Cr in H1 FY26), up 76.2% YoY
  • Gross Profit: ₹23.1 Cr (vs ₹14.1 Cr), up 63.8% YoY
  • Gross Margin: 32.3% (vs 34.8%), decline of 250 basis points
  • EBITDA: ₹10.3 Cr (vs ₹5.8 Cr), up 78.5% YoY
  • EBITDA Margin: 14.4% (vs 14.2%), improvement of 20 basis points
  • Profit After Tax: ₹5.4 Cr (vs ₹2.4 Cr), up 123.6% YoY
  • PAT Margin: 7.6% (vs 6.0%), improvement of 160 basis points
  • EPS: ₹4.00 (vs ₹2.43)

Operational and Business Highlights

Order Book and Contract Wins:

  • Won 14 works orders worth ₹53.4 Cr during H1 FY27 (April to September 2026)
  • Current order book stands above ₹120 Cr
  • Order book spread across 35 live contracts in seven states

Business Model and Capabilities:

  • Integrated business model combining in-house geotechnical design, certified manufacturing, and specialized project execution
  • Engineering designs independently vetted by IIT Guwahati and IIT Bhubaneswar
  • Diversified execution track record across highways, railways, defence, and airport infrastructure
  • Clients include Border Roads Organisation, Dilip Buildcon, and Shapoorji Pallonji
  • Recent standalone design orders from Hindalco, NCC, and D.H. Desai

Manufacturing and Geographic Presence:

  • ISO and BIS-certified manufacturing at Paonta Sahib, Himachal Pradesh
  • Manufacturing unit in Assam
  • Group capacity of 18,000 MTPA on commissioning
  • Subsidiaries in Nepal and Bangladesh for regional reach

Growth Initiatives:

  • New Mining & Industrial vertical for ash ponds and mine works
  • Dedicated Bid Desk for larger government tenders
  • Pursuing ETA and CE certification for rockfall barriers with early warning systems
  • Backward integration into PVC compound

Management Commentary

Mr. Madhusudan Sarda, Chairman & Managing Director, stated that H1 FY27 has been the strongest first half in the company's history. He emphasized the use of post-IPO balance sheet to bid for and win larger works, and highlighted the company's position as an integrated partner from design to installation. He noted that slope protection in challenging hilly terrain is becoming essential infrastructure requirement.

Company Background

Gabion Technologies India Limited (CIN: L74999DL2008PLC195317) is an integrated geotechnical engineering company founded in 2008. The company combines in-house geotechnical design, certified manufacturing, and specialist installation under single contract. Portfolio includes gabion systems, rockfall protection nettings, geosynthetics, erosion control products, and anchoring solutions serving roads, highways, railways, airports, defence, and power infrastructure.

Safe Harbour Statement

The release contains forward-looking statements subject to risks including competition, project execution risks, raw material price fluctuations, government policies, infrastructure spending, payment receipt timing, economic conditions, and other factors beyond company control.

Investor Relations Contact

X-B4 Advisory LLP: Rasika Sawant (rasika@x-b4.com, +91 95944 57518) / Rochish Shirdhankar (rochish@x-b4.com, +91 96197 33201)