Pennar Industries Limited announced its consolidated financial results for the first quarter ended June 30, 2026 (Q1FY27). The disclosure was made pursuant to SEBI Listing Obligations and Disclosure Requirements regulations.
Financial Performance Highlights (Consolidated - Q1FY27 vs Q1FY26):
- Total Income: ₹884.55 Crore, compared to ₹854.00 Crore in Q1FY26, representing an increase of 3.58% year-over-year.
- EBITDA: ₹106.79 Crore, compared to ₹94.29 Crore in Q1FY26, representing an increase of 13.26% year-over-year.
- Profit Before Tax (PBT): ₹46.80 Crore, compared to ₹40.33 Crore in Q1FY26, representing an increase of 16.04% year-over-year.
- Profit After Tax (PAT): ₹35.41 Crore, compared to ₹31.96 Crore in Q1FY26, representing an increase of 10.79% year-over-year.
Order Book Update:
The company reported receiving new orders worth ₹944 Crore in the last three months (approximately May-July 2026) across its various business verticals. These orders are expected to be executed in the coming quarters. The order details by business vertical and customers include:
- Tubes: Orders from Toyota Boshoku, Sainest Tubes, ALF Engineering, Duro Shox, Sree Pavithra, Everest Steel, Chintamani Engineering, Grow Ever Steel, Indo Autotech Ltd, GI Auto, Kirloskar Toyota, Mohan Industries, Nagashastha Industries, Patton Industries, SKH Sheet Metals, Sunfab, Surya Auto, Virtue Engg, among others.
- ICD (Industrial Components Division): Orders from WABCO, SI Air spring, Haldex, venus, Marmon Amarillo, INEL, Emerson, Endurance, Fleet Guard, Tecumseh, Elkhart, VRV, Jost India, Xylem among others.
- Railway: Orders from ICF, Wabtech, Trident, BEML, Besco systems and OFPL.
- Boilers: Orders from Veeyen Energy Systems, Yoga Lakshmi Narasimha Agro, Sri Venkateswara Rice Industries, Sri Mallikarjuna Swamy Rice Industries, Ramalingeswara Agro, Jar Industries among others.
- PEB India (Pre-Engineered Buildings): Orders from Asian Paints, Cronus Pharma, Suguna Foods, JSW, DPR Infra, Kundur Constructions, Empee Distilleries, TMK Group, Vishnu Chemicals, Power Mech, DEC Industries, Supreme Industries, among others.
- PEB USA: Orders from Daniels and Daniels, Sons Construction, J A Street & Associates, Vardaman Construction, LF Jennings, Backbone Infrastructure, South East Industrial, Codaray Construction, W.E. O'Neil, Hamlett Associates, Joiner Construction, Catamount, Flintco and Owens Construction among others.
- Cadnum: Orders from Airbus, Composite Industry, Dehar France & Morocco, Hutchinson JPR, Potez among others.
Company Background:
Pennar Industries Limited is described as India's leading value-added engineering products and solutions company with a diversified presence in Automotive, Rail & Aerospace, and Infrastructure sectors. The company provides design/detailing, manufacturing, and project execution services to customers in India, USA, and Europe. Primary growth verticals identified include Metal Buildings, Tubes, Boilers and Process Equipment, Hydraulics and Industrial Components, and Engineering Services.
Disclosure and Contact Information:
The announcement was signed by Mirza Mohammed Ali Baig, Company Secretary & Compliance Officer (ACS 29058). For further information, contact K M Sunil, Vice President - Corporate Strategy and Planning.
Forward-Looking Statements Disclaimer:
The release contains forward-looking statements subject to risks and uncertainties including general market conditions, macroeconomic factors, governmental regulations, currency exchange rates, competitive pressures, technological changes, and other factors that could cause actual results to differ materially from expectations.