Financial Performance Highlights
Quarterly Performance (Q4 FY26 vs Q4 FY25 vs Q3 FY26)
- Total Revenue: ₹96.6 crore (up 23% YoY from ₹78.5 crore, up 116% QoQ from ₹44.6 crore)
- Revenue from Operations: ₹81.8 crore (up 20% YoY from ₹68.4 crore, up 143% QoQ from ₹33.7 crore)
- EBITDA (excluding other income): ₹35.2 crore (up 28% YoY from ₹27.5 crore, up 2187% QoQ from ₹1.5 crore)
- PAT: ₹26.1 crore (down 10% YoY from ₹29.2 crore, up 994% QoQ from ₹2.4 crore)
Annual Performance (FY26 vs FY25)
- Total Revenue: ₹287.5 crore (up 7% YoY from ₹267.7 crore)
- Revenue from Operations: ₹240.5 crore (down 1% YoY from ₹242.9 crore)
- EBITDA (excluding other income): ₹75.1 crore (down 18% YoY from ₹92.1 crore)
- PAT: ₹63.3 crore (down 24% YoY from ₹83.5 crore)
Management Commentary
Mr. Anil Kumar Puttan, Chairman & Managing Director, stated that Q4 FY26 marked a "clear inflection point" for the company with sequential revenue more than doubling and PAT recovering nearly eleven-fold over Q3. The performance reflects normalization of customer ordering patterns and execution of order book.
Strategic Developments and Investments
- Joint Venture: Established Kanoo Unimech Advanced Manufacturing Solutions LLC with Yusuf Bin Ahmed Kanoo Company Ltd. to set up an advanced precision machining and remanufacturing facility in Dammam, Saudi Arabia, catering to Oil & Gas, defense & utilities sectors.
- Acquisition: Acquired Hobel Bellows, a specialized manufacturer of metallic bellows, expansion joints, flexible tubing and precision-engineered assemblies.
- Capacity Investments: Made strategic investments in capacity, capability and talent during FY26, resulting in higher depreciation and finance costs that impacted PAT on YoY basis.
Operational Highlights
- Order Book: Approximately ₹314 crore as on May 26th, 2026 with healthy customer engagement across key segments
- Manufacturing Base: 270,000 sq. ft. spread across 3 units at Aerospace Park, Bengaluru
- Capabilities: 150+ advanced 3, 4 and 5-axis CNC machines with digitally enabled production ecosystem
- Certifications: AS9100, ISO 9001:2015, and ISO 45001 certified
- Sectors Served: Aerospace, defence, energy, oil & gas, semiconductors, and other high-performance industrial sectors
Forward-Looking Statements
Management remains confident in delivering sustainable long-term growth while building a globally competitive precision manufacturing platform. The company is mindful of evolving geopolitical and global trade dynamics but believes it is strategically stronger and operationally more resilient to capitalize on opportunities across key sectors.