This document is an investor presentation for Q1FY27 submitted to the National Stock Exchange of India Limited as a compliance filing. It provides a comprehensive business and financial update.
Financial Performance – Q1FY27
- Revenue from Operations stood at ₹952.4 Mn (₹95.24 crore), a growth of 56.1% YoY (Q1FY26: ₹610.3 Mn).
- EBITDA was ₹154.3 Mn, up 94.8% YoY (Q1FY26: ₹79.2 Mn).
- EBITDA Margin expanded by 322 basis points to 16.20% from 12.98% in Q1FY26.
- Profit After Tax (PAT) was ₹95.8 Mn, more than doubling with a 110.3% YoY increase (Q1FY26: ₹45.6 Mn).
- PAT Margin improved to 10.06% from 7.47% in Q1FY26.
- Earnings Per Share (EPS) was ₹9.6 for the quarter, up from ₹4.6 in Q1FY26.
Strategic Expansion Update
- The company has secured a 13-acre industrial land parcel on a 30-year lease near Metoda GIDC, with approximately 9 acres available for development.
- This expansion is aimed at eliminating production bottlenecks, adding critical component manufacturing capacity (backward integration), and supporting future growth.
- The planned capital investment is estimated at ~₹50 crore in infrastructure, plant, and machinery.
- The project is eligible for incentives under the Viksit Gujarat Industrial Policy 2026, including up to a 25% capital subsidy and a 7% interest subsidy.
- The targeted completion timeline for the project is within 12 months.
- The funding is planned through a balanced mix of internal accruals and debt.
Management Commentary (Mr. Rupesh Mehta, CMD)
- Management attributed the strong quarterly performance to healthy execution, a richer product mix, and improving operating leverage.
- The installed production capacity is stated to be 2,500 machines per annum.
- The order book remains healthy, providing solid visibility, with sustained demand across general engineering, defence, and aerospace segments.
- The NEXA series contributes around 40% of the pending order book as of the end of Q1FY27.
- The company is debt-free with a strong balance sheet and a net cash surplus.
Business Overview and Strategy
- The presentation details the company's evolution from basic machines to a technology-led capital goods platform, now offering 383+ variants.
- A key strategic focus is on increasing the revenue share from the Defence & Aerospace sectors. The company has supplied 200+ machines to 35 Defence factories and 100+ machines to 6 Aviation/Aerospace factories.
- As of June 30, 2026, bids worth ₹304 crore are under evaluation for the Defence and Aerospace sector, with total bids amounting to ~₹1,043 crore.
- The company's future roadmap (2026-2030) includes plans for a larger 30-acre plant targeting a capacity of 10,000 machines, with 50% reserved for defence work.
Additional Information
- The document includes extensive details on the company's product portfolio, infrastructure, R&D centers, automation solutions, competitive advantages (lowest cost producer, high asset turnover, zero debt), and ESG efforts.
- ESG initiatives include a 750 KW rooftop solar plant enabling ~90% daytime power savings, resulting in total savings of ~₹182 lakhs till FY26.
- The presentation also includes annual financials for FY22-FY26, showing a 15% Revenue CAGR and a 27% EBITDA and PAT CAGR over this period.
Additional Notes Section
- This document is an updated Investor Presentation submitted to the exchange for compliance and stakeholder information.
- The document contains detailed financial data for Q1FY27 and historical annual financials.
- The presentation includes forward-looking statements subject to risks and uncertainties, as detailed in the disclaimer.