Date: October 29, 2026

Financial Results (Standalone & Consolidated)

Q1 FY27 Performance (₹ Lakhs):

  • Revenue: ₹8,696.5 (Q1 FY26: ₹6,422.2) - 35.4% YoY growth
  • EBITDA: ₹1,375.5 (Q1 FY26: ₹1,056.3) - 30.2% YoY growth
  • EBITDA Margin: 15.8% (Q1 FY26: 16.4%) - 63 bps decline
  • PAT: ₹687.9 (Q1 FY26: ₹390.0) - 76.4% YoY growth
  • PAT Margin: 7.9% (Q1 FY26: 6.1%) - 184 bps improvement

Full Year FY26 Performance (₹ Lakhs):

  • Revenue: ₹33,867.7 (FY25: ₹31,851.6) - 6.3% YoY growth
  • EBITDA: ₹5,113.0 (FY25: ₹4,648.4) - 10.0% YoY growth
  • EBITDA Margin: 15.1% (FY25: 14.6%) - 50 bps improvement
  • PAT: ₹2,498 (FY25: ₹2,364) - 5.7% YoY growth
  • PAT Margin: 7.4% (FY25: 7.4%) - 5 bps decline

Operational Highlights

Segment-wise Revenue Performance (Q1 FY27):

  • Manufacturing Division: ₹6,604.48 lakhs (Q1 FY26: ₹5,030.71 lakhs) - 31.3% YoY growth
  • Service Division: ₹1,992.31 lakhs (Q1 FY26: ₹1,391.47 lakhs) - 43.2% YoY growth
  • Other Unallocable Revenue: ₹99.70 lakhs

Order Book Status:

  • As of September 30, 2026: ₹55,166.26 lakhs across manufacturing and service segments

Business Strengths

Established Industry Experience:

  • Incorporated in 1994 with over three decades of experience in infrastructure manufacturing and services
  • Capabilities spanning railway infrastructure, pipe products, and project execution

Diversified Product & Service Portfolio:

  • PSC sleepers, precast concrete products, MS pipes, pipe fabrication, and infrastructure services
  • Serves railway, pipeline, and civil infrastructure projects

Customer Relationships:

  • Established relationships with railway authorities and infrastructure contractors
  • 10 clients with relationships maintained for more than 10 years as of FY26

Technical Capabilities:

  • Automated longitudinal submerged arc welding for MS pipes
  • Pipe coating and fabrication capabilities
  • ISO certifications for PSC sleeper and MS pipe manufacturing

Project Track Record:

  • Precast noise barriers and cable ducts for high-speed rail corridor
  • Fabrication, supply and erection of hydro-mechanical structures for pumped-storage project

Manufacturing Facilities:

  • PSC sleeper manufacturing facilities at Mohol, Maharashtra and Bankhedi, Madhya Pradesh

Forward-Looking Statements

The press release contains forward-looking statements relating to business plans, order book execution, manufacturing operations, and future growth, subject to risks and uncertainties.