Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Clean opinion - Limited review report states nothing has come to their attention that causes them to believe the statements contain any material misstatement.
Key Financial Highlights [All amounts in ₹ lakhs]:
Standalone Results:
Revenue from Operations: 14,438.41 (30.4% increase from Q1 FY26: 11,068.19)
Total Income: 14,540.52
Net Profit: 1,520.54 (61.4% increase from Q1 FY26: 942.61)
EPS - Basic: ₹14.02 (from ₹8.69 in Q1 FY26)
EPS - Diluted: ₹14.01 (from ₹8.69 in Q1 FY26)
Other Equity: Not specified
Cash and Cash Equivalents: Not specified
Debt: Not specified
EBITDA: 2,370.12 (42.3% increase from Q1 FY26: 1,665.13)
EBITDA Margin: 16.30% (from 14.88% in Q1 FY26)
Consolidated Results:
Revenue from Operations: 17,761.11 (31.0% increase from Q1 FY26: 13,555.75)
Total Income: 18,009.86
Net Profit: 1,523.30 (56.1% increase from Q1 FY26: 975.87)
Net Profit Attributable to Owners: 1,616.67
EPS - Basic: ₹14.90 (from ₹8.69 in Q1 FY26)
EPS - Diluted: ₹14.90 (from ₹8.68 in Q1 FY26)
Other Equity: Not specified
Cash and Cash Equivalents: Not specified
Debt: Not specified
EBITDA: 2,776.24 (48.7% increase from Q1 FY26: 1,867.07)
EBITDA Margin: 15.42% (from 13.54% in Q1 FY26)
Segment-wise Performance [₹ lakhs]:
Standalone Segment Revenue:
Manufacturing Units: 7,336.12
Service Units: 8,377.73
Others: 0.00
Total: 15,713.85
Less: Inter-segment Revenue: 1,275.44
Net Sales/Income from Operations: 14,438.41
Standalone Segment Profit before interest and tax:
Manufacturing Units: 1,672.65
Service Units: 1,026.03
Others: 0.00
Total: 2,698.68
Consolidated Segment Revenue:
Manufacturing Units: 7,336.12
Service Units: 12,251.42
Others: 1,589.88
Total: 21,177.42
Less: Inter-segment Revenue: 3,416.31
Net Sales/Income from Operations: 17,761.11
Consolidated Segment Profit before interest and tax:
Manufacturing Units: 1,672.65
Service Units: 1,014.69
Others: 96.66
Total: 2,784.00
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising announced.
Other Significant Information:
Management Appointments:
Mr. V.A. George was re-appointed as Whole-time Director designated as Executive Chairman for three years effective July 15, 2026.
Mr. Manoj Joseph was re-appointed as Managing Director for five years effective July 15, 2026.
Re-appointments approved by members through postal ballot by remote e-voting on July 11, 2026.
Order Book and Contracts:
Order book of approximately ₹380 crores as of June 30, 2026 (compared to ₹200 crores as of June 30, 2025).
Signed three-year master material supply agreement with a leading mining company in Latin America.
Initial order for THOR-R and THOR-M Mill Liners for USD 0.89 million (approximately ₹8.46 crore).
Follow-on order for USD 0.44 million (approximately ₹4.23 crore) received in July 2026.
Subsidiary Performance:
All subsidiaries (except Saudi Arabia operation) registered profit during Q1 FY27.
Geopolitical situation in Middle East and Gulf regions impacted subsidiaries with supply chain disruptions and order execution deferrals.
Credit Rating:
CRISIL Ratings Limited reaffirmed ratings of CRISIL A/Stable (long-term) and CRISIL A1 (short-term) on bank loan facilities.
Entities included in consolidation:
Thejo Engineering Limited (Holding Company)
Thejo Hatcon Industrial Services Company (Subsidiary)
Thejo Australia Pty Ltd (Subsidiary)
Thejo Brasil Comercio E Servicos Ltda (Subsidiary)
Thejo Engineering LatinoAmerica SpA (Subsidiary)
TE Global FZ-LLC (Subsidiary)
Exceptional Items:
No exceptional items reported for current or previous quarters.
Accounting Policy:
No change in accounting policy affecting comparability mentioned.