Date: 22nd September, 2026

Financial Results (Standalone & Consolidated)

FY2025-26 Performance:

  • Achieved record revenue of ₹1,049.44 Crore, representing 82.4% year-over-year growth
  • EBITDA reached ₹428.54 Crore with a robust margin of 40.84%
  • Net Profit nearly doubled to ₹303.01 Crore
  • Net worth more than doubled to ₹630.71 Crore within a single financial year

Q1 FY2026-27 Performance:

  • Revenue surged by 70% to ₹372.60 Crore
  • EBITDA stood at ₹125.58 Crore, up 21% year-over-year
  • Net Profit rose by 16% to ₹77.79 Crore
  • Company maintains robust order backlog of ₹1,278 Crore

Dividend Declaration or Non-Declaration

  • Company recommended a dividend for the first time in a decade
  • Dividend reflects strong cash flow and financial self-sufficiency
  • Decision demonstrates confidence in sustainable expansion over the long term

Board Meeting Outcomes

  • 36th Annual General Meeting held on 22nd September, 2026 through Video Conferencing / Other Audio Visual Means
  • Chairman and Executive Director presented speeches reviewing company performance and future strategy

KMP / Board / Auditor Changes

Not Specified

Disinvestment / Strategic Actions

  • Company prepaid entire IREDA loan of ₹110 Crore ahead of schedule
  • All associated collateral securities, including promoters' pledged shares, are being systematically and fully released
  • CRISIL credit rating upgraded to BBB+ reflecting robust financial structure

Other Operational / Legal / Strategic Disclosures

  • Speech delivered by Mr. Sohan lal Agarwal, Chairman & Managing Director and Ms. Sanjana Khaitan, Executive Director
  • Ms. Sanjana Khaitan credited with instrumental role in strategic reinvention, operational efficiency, and manufacturing roadmap alignment
  • Company acknowledged stakeholders including shareholders, customers, and employees for their support