Key Financial Performance - Q4 FY26
- Total Income: ₹268.78 crore (vs. ₹252.55 crore in Q4 FY25, +6.42% YoY)
- EBITDA: ₹18.46 crore (vs. ₹20.55 crore in Q4 FY25, -10.17% YoY)
- EBITDA Margins: 6.87% (vs. 8.14% in Q4 FY25, -126 BPS)
- PAT: ₹11.87 crore (vs. ₹10.96 crore in Q4 FY25, +8.33% YoY)
- PAT Margins: 4.42% (vs. 4.34% in Q4 FY25, +7 BPS)
Key Financial Performance - Full Year FY26
- Total Income: ₹986.61 crore (vs. ₹895.95 crore in FY25, +10.12% YoY)
- EBITDA: ₹61.13 crore (vs. ₹51.75 crore in FY25, +18.13% YoY)
- EBITDA Margins: 6.20% (vs. 5.78% in FY25, +42 BPS)
- PAT: ₹36.35 crore (vs. ₹29.17 crore in FY25, +24.63% YoY)
- PAT Margins: 3.68% (vs. 3.26% in FY25, +43 BPS)
Business Vertical Performance & Operational Highlights
Toll Management Business:
- Currently operates 12 active NHAI toll plazas
- Collections continue to be a key growth driver
- Strategic positioning to bid for additional projects using IPO proceeds for working capital
- Long-term target: 30+ toll plazas over medium term
Manpower & IFM Vertical:
- 15,000+ personnel deployed across 23 states and 5 Union Territories
- Expansion into higher-value Integrated Facility Management (IFM), payroll outsourcing, and integrated workforce solutions
Skill Development Vertical:
- Encouraging momentum under government-backed programs including PM Vishwakarma, PMKVY, and SANKALP
- Enrolments scaled meaningfully during the year
- Fully government-funded ecosystem with strong long-term growth visibility
Drone Services (Aerodrone Robotics Subsidiary):
- Strategic expansion into Drone Manufacturing & Drone-as-a-Service (DAAS)
- One of fewer than 50 DGCA-approved RPTOs (Remote Pilot Training Organizations) in India
- Capabilities expanded across aerial surveys, surveillance, and infrastructure inspection
- Foundation laid for scalable recurring revenues in DAAS ecosystem
Management Commentary
Lt. Col. Randeep Hundal, Chairman & Managing Director, highlighted:
- Strong operational and financial performance in FY26 reflecting scalability of integrated infrastructure services platform
- Growth supported by operational efficiencies, disciplined execution, and growth across core business verticals
- Healthy demand driven by infrastructure expansion, outsourcing trends, and formalization across India's services ecosystem
- Confidence in achieving 50-60% CAGR over medium term
Corporate Background
- Integrated services company offering solutions across manpower outsourcing, toll management, and drone-based services
- Recently completed Initial Public Offering aggregating ~₹3,192.5 million (mix of fresh issue and offer for sale)
- Listed on BSE and NSE
- Corporate Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana
Forward-Looking Statements
Document contains forward-looking statements subject to risks and uncertainties including government actions, local developments, and technological risks. Company does not commit to publicly updating these statements.
Investor Relations Contact
ConfideLeap Partners