Date: 28th May 2026
Consolidated Financial Performance
Quarterly Performance (Q4 FY26 vs Q3 FY26 vs Q4 FY25)
| Particulars (₹ Lakhs) | Q4 FY26 | Q3 FY26 | QoQ Change | Q4 FY25 | YoY Change |
| Revenue from Operations | 18,117 | 16,225 | +11.7% | 15,319 | +18.3% |
| EBITDA* | 2,757 | 2,016 | +36.7% | 2,864 | -3.7% |
| EBITDA Margin | 15.2% | 12.4% | - | 18.7% | - |
| PAT | 1,659 | 839 | +97.8% | 1,658 | +0.1% |
| PAT Margin | 9.2% | 5.2% | - | 10.8% | - |
*EBITDA before exceptional items
Annual Performance (FY26 vs FY25)
| Particulars (₹ Lakhs) | FY26 | FY25 | YoY Change |
| Revenue from Operations | 63,209 | 55,274 | +14.4% |
| EBITDA* | 8,968 | 9,276 | -3.3% |
| EBITDA Margin | 14.2% | 16.8% | - |
| PAT | 4,885 | 5,231 | -6.6% |
| PAT Margin | 7.7% | 9.5% | - |
Key Financial Highlights
Q4 FY26 Performance
- Revenue from operations increased 18.3% YoY to ₹18,117 lakhs from ₹15,319 lakhs in Q4 FY25
- EBITDA decreased 3.7% YoY to ₹2,757 lakhs from ₹2,864 lakhs in Q4 FY25
- PAT remained nearly flat with 0.1% YoY increase to ₹1,659 lakhs from ₹1,658 lakhs in Q4 FY25
- EBITDA Margin stood at 15.2% compared to 18.7% in Q4 FY25
- PAT Margin stood at 9.2% compared to 10.8% in Q4 FY25
- Strong sequential improvement with PAT surging 97.8% QoQ from ₹839 lakhs in Q3 FY26
Full Year FY26 Performance
- Revenue from operations increased 14.4% YoY to ₹63,209 lakhs from ₹55,274 lakhs in FY25
- EBITDA decreased 3.3% YoY to ₹8,968 lakhs from ₹9,276 lakhs in FY25
- PAT decreased 6.6% YoY to ₹4,885 lakhs from ₹5,231 lakhs in FY25
- EBITDA Margin compressed to 14.2% from 16.8% in FY25
- PAT Margin compressed to 7.7% from 9.5% in FY25
Management Commentary
Mr. V.A. George, Executive Chairman, commented on FY26 performance:
- FY26 reflected strong revenue growth and continued strategic progress despite challenging operating environment
- Healthy top-line growth driven by sustained customer engagement, execution across key markets, and continued demand for specialized engineering solutions
- Company continued to strengthen manufacturing capabilities and expand global presence
- Ongoing capacity expansion initiatives to support future growth
- Healthy order book and expanding operational capabilities provide confidence for next growth phase
- Company well positioned to capitalize on emerging opportunities as industries focus on productivity, efficiency and reliability of critical assets
Business Overview
Thejo Engineering Limited is a leading provider of engineered solutions for:
- Bulk material handling
- Mineral processing
- Corrosion protection
Core business activities include:
- Design and manufacture of rubber and polyurethane-based products (conveyor belt cleaners, impact protection systems, wear linings, screening media)
- Specialized services (conveyor splicing, site maintenance, operations and maintenance)
Key industries served:
- Mining
- Steel
- Cement
- Power
- Ports
- Chemicals
Geographic presence:
- Strong domestic presence with manufacturing facilities, R&D capabilities, and service centers across India
- Growing international footprint through subsidiaries in Australia, Brazil, Chile, and Middle East
Company incorporated in 1986 and headquartered in Chennai.