Key Financial Performance (Consolidated - Rs. In Mn)
Q1 FY27 (Quarter Ended June 30, 2026) vs. Q1 FY26 (Quarter Ended June 30, 2025)
Revenue from Operations: ₹1,580.9 Mn, up 72% YoY from ₹917.6 Mn.
EBITDA: ₹173.8 Mn, up 45% YoY from ₹119.9 Mn.
EBITDA Margin: 11.0%, down from 13.1% YoY.
Profit Before Tax (PBT): ₹116.8 Mn, up 44% YoY from ₹81.2 Mn.
Profit After Tax (PAT): ₹87.4 Mn, up 45% YoY from ₹60.1 Mn.
PAT Margin: 5.5%, down from 6.6% YoY.
Finance Cost: ₹41.3 Mn, compared to ₹30.3 Mn in Q1 FY26.
Depreciation: ₹19.6 Mn, compared to ₹9.6 Mn in Q1 FY26.
Other Income: ₹3.8 Mn, compared to ₹1.2 Mn in Q1 FY26.
Tax: ₹29.4 Mn, compared to ₹21.0 Mn in Q1 FY26.
Q1 FY27 vs. Q4 FY26 (Quarter Ended March 31, 2026)
Revenue from Operations: ₹1,580.9 Mn, up 26% QoQ from ₹1,257.0 Mn.
EBITDA: ₹173.8 Mn, up 64% QoQ from ₹105.8 Mn.
EBITDA Margin: 11.0%, up from 8.4% QoQ.
Profit Before Tax (PBT): ₹116.8 Mn, up 128% QoQ from ₹51.2 Mn.
Profit After Tax (PAT): ₹87.4 Mn, up 129% QoQ from ₹38.2 Mn.
PAT Margin: 5.5%, up from 3.0% QoQ.
Full Year FY26 (Year Ended March 31, 2026) Reference
Revenue from Operations: ₹4,312.0 Mn
EBITDA: ₹498.1 Mn
EBITDA Margin: 11.6%
Profit Before Tax (PBT): ₹311.2 Mn
Profit After Tax (PAT): ₹228.9 Mn
PAT Margin: 5.3%
Operational and Business Highlights
Product Mix: Renewable products were the key revenue driver, accounting for 82% of total Q1 FY27 revenues.
Export Performance: The company sustained strong export momentum, with international revenue accounting for 66% of total Q1 FY27 revenue.
New Facility: The manufacturing facility for Lattice Structures for Transmission Line Towers in Bhachau, Gujarat, commenced operations in Q1 FY27.
Company Overview
Incorporation: 1996, formerly known as Karamtara Engineering Pvt. Ltd.
Business: Integrated and diversified manufacturing platform delivering critical steel infrastructure for transmission lines, renewable energy, and industrial applications.
Global Presence: Serves 50+ countries with subsidiaries in Italy, USA, and Kingdom of Saudi Arabia (KSA).
Manufacturing Network: 13 operating manufacturing facilities with advanced capabilities, including automated equipment and robotics.
Facility Expansion: A manufacturing facility for Structural Steel Profiles and PEB is under process in Bhachau, Gujarat. A facility for Solar Stamping Parts is under process in Tarapur, Maharashtra. A facility for Solar Products and Lattice towers is under construction in Saudi Arabia.
Product Portfolio: Includes Module Mounting Structures, Solar Tracker, Piles & Piers, Solar Torque Tubes, Wind Towers (Tubular and Angular), Transmission Line Towers, Structural Steel Profiles, Fasteners, and Conductor & Insulator Fittings.
Accreditations: ISO 9001, ISO 14001, ISO 45001, EN 1090-1, ISO 27001, EN 10025-1, EN 14399-1, ISO 3834-2, EN 15048-1 CE.
Promoters & Board of Directors
Mr. Tanveer Singh: Chairman & Managing Director
Mr. Rajiv Singh: Joint Managing Director
Mr. Sunil Kumar Rustagi: Whole-Time Director & CEO
Mr. Shreyans Jitendra Shah: Whole-Time Director
Mr. Avnish Bajaj: Independent Director
Mr. Tilokchand Punamchand Ostwal: Independent Director