This document is a regulatory filing containing the transcript of the Q1 FY27 Earnings Conference Call for Karamtara Engineering Limited, held on October 7, 2026. The call was hosted by ICICI Securities Limited.

  • Event Type: Q1 FY27 Earnings Conference Call
  • Date and Time: October 7, 2026 (Time not specified in the transcript)
  • Purpose: Discussion of the Unaudited Financial Results for the quarter ended June 30, 2026, and a strategic business update.
  • Management Participants: Mr. Rajiv Singh (Joint Managing Director) and Mr. Sunil Rustagi (Whole-Time Director and Chief Executive Officer). The call was moderated by Mr. Mohit Kumar from ICICI Securities.
  • Presentation Availability: The company stated that its results and investor presentation had been uploaded to the stock exchanges and were available on its website at www.karamtara.com.

Financial Highlights & Guidance

The management discussed the following financial results for Q1 FY27 (Quarter ended June 30, 2026):

  • Revenue from operations stood at INR 1,581 crores, registering a growth of 72% year-on-year.
  • EBITDA for the quarter was INR 174 crores, reflecting 45% growth year-on-year.
  • Profit After Tax (PAT) was INR 87 crores, a growth of 45% year-on-year.
  • The renewable products segment was the key revenue driver, contributing 82% of total revenue.
  • The international business accounted for 66% of the quarter's revenue.

Guidance: For FY27, the company endeavors to grow its revenues by 60% to 65% over the previous year (FY26).

Business and Operational Updates

Capacity and Expansion:

  • The company operates 13 manufacturing facilities: eight in Maharashtra (7 in Boisar, 1 in Nagpur), four in Gujarat (Bhachau), and one in Italy.
  • Aggregated installed capacity stood at 889,200 metric tons per annum.
  • New facilities are under development: a rolling mill and a PEB facility in Bhachau (Gujarat), a solar stamped part facility in Boisar, and a multiproduct facility in Saudi Arabia for transmission and solar products.

Product Portfolio: The company is a backward-integrated manufacturer providing structural components for:

  • Solar Energy: Structures for fixed-tilt and tracker-based plants, including cold-rolled module mounting structures, tracker piles, torque tubes, couplers, purlins, and stamp parts.
  • Wind Energy: Tubular and hybrid lattice towers for wind turbines.
  • Power Transmission: Lattice transmission towers for lines up to 1,200 kV, along with transmission hardware.
  • Fasteners: Bolts, nuts, studs, washers, and specialized industrial fasteners.

Strategy: Management emphasized transmission towers as a major growth driver alongside solar. They highlighted their strategy of "manufacturing in India for India and global markets" and expanding into key growth markets like Saudi Arabia for local consumption and exports.

Compliance Statement: The document is a disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015. The transcript itself contains standard forward-looking statement disclaimers but does not include a specific compliance statement regarding Unpublished Price Sensitive Information (UPSI).

Additional Notes

  • The document is an intimation letter to the stock exchanges (BSE and NSE) enclosing the earnings call transcript.
  • No new financial data beyond what was presented in the results was disclosed in this specific announcement; the transcript recaps the quarterly results.
  • The transcript includes a full Question & Answer session with analysts covering topics such as margin outlook, capacity utilization, geographic strategy (US, Saudi Arabia), and hedging against commodity price volatility.