Key Quantitative Figures (Consolidated, Q2 FY27)

Revenue from Operations: ₹1,755.6 Mn (Q2 FY26: ₹1,249.7 Mn), representing a 40.5% Year-on-Year (YoY) growth and a 5.3% Quarter-on-Quarter (QoQ) growth from Q1 FY27 (₹1,666.6 Mn). This includes Scrap sales of ₹83.4 Mn and Government Export Incentives of ₹32.1 Mn.

Reported EBITDA: ₹512.5 Mn, a 17.7% YoY increase (Q2 FY26: ₹435.5 Mn).

Reported EBITDA Margin: 29.2% (Q2 FY26: 34.9%; Q1 FY27: 30.4%).

Profit Before Tax (PBT): ₹403.3 Mn, a 37.8% YoY increase (Q2 FY26: ₹292.7 Mn).

PBT Margin: 23.0% (Q2 FY26: 23.4%).

Tax Expense: ₹97.6 Mn.

Profit After Tax (PAT): ₹305.7 Mn, a 35.5% YoY increase (Q2 FY26: ₹225.6 Mn).

PAT Margin: 17.4% (Q2 FY26: 18.1%).

Earnings Per Share (Basic & Diluted): ₹2.47 (Q2 FY26: ₹2.15).

Key Quantitative Figures (Consolidated, H1 FY27)

Revenue from Operations: ₹3,422.2 Mn (H1 FY26 implied: ₹2,499.3 Mn).

Profit After Tax (PAT): ₹603.0 Mn (H1 FY26 implied: ₹451.2 Mn).

Historical Financial Performance (Consolidated, Annual)

FY26 Revenue: ₹5,113.0 Mn (FY25: ₹3,429.1 Mn; FY24: ₹1,781.8 Mn).

FY26 PAT: ₹793.4 Mn (FY25: ₹438.7 Mn; FY24: ₹189.1 Mn).

FY26 Total Assets: ₹12,547.8 Mn (FY25: ₹6,263.3 Mn; FY24: ₹3,869.9 Mn).

FY26 Total Equity: ₹6,797.0 Mn (FY25: ₹2,036.4 Mn; FY24: ₹794.8 Mn).

Operational & Strategic Updates

Expansion: The company is advancing the development of new manufacturing facilities at its Chhapra, Rajkot campus to enhance manufacturing capacity and integrated engineering capabilities.

New Capacity: A fabrication line with an annualized capacity of 7,200 Metric Tonnes Per Annum (MTPA) has been recently set up as part of Existing Facility 3 in Padavala, Rajkot, for supplying fully assembled components.

Testing Capabilities: The company's in-house Metallurgical laboratory received NABL accreditation in accordance with ISO/IEC 17025:2017.

Order Book: The value of the outstanding order book crossed ₹10,000.0 Mn for the first time in FY26.

Revenue Contribution

For Q2 FY27, revenue is derived from global customers across industries including Energy, Motion Control & Automation, Industrial Equipment Systems, and other diversified industrial applications.

Management & Governance

The presentation includes profiles of key management personnel:

  • Udaykumar Arunkumar Parekh: Chairman and Managing Director
  • Paras Mukundrai Parekh: Whole-Time Director and Chief Financial Officer
  • Bhavin Prahalad Acharya: Chief Revenue Officer
  • Akhja Haresh T: Chief Operating Officer
  • Bhoomi Manharbhai Vadhavana: Company Secretary and Compliance Officer
  • Dharmi A Parekh: Non-Executive Director

And Independent Directors:

  • Mahendra Tribhuvan Panchasara
  • Punitbhai Mahendrabhai Sodha
  • Ketan Chandrakant Doshi
  • Vidhi Nishit Shah

Corporate History & Milestones

The document outlines the company's journey since FY2007, including significant milestones such as entering the energy sector (FY2016), establishing facilities in the USA (FY2018), crossing ₹1,000 Mn revenue (FY2022), and its IPO and listing in FY2026.

Accreditations

The company lists numerous quality certifications received over the years, including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, IATF 16949:2016, AS9100:2016, and API certifications for the oil and gas industry. It also received awards from CII and customers like Dover Corporation.