GMM Pfaudler is a global engineering company .

Strong FY26 growth: Consolidated revenue reached approximately ₹3,624 Cr, up about 13.3% YoY. Strong order momentum: Order intake increased about 20%, while backlog was reported at around ₹2,146 Cr during FY26. India business performing well: India revenue grew around 12%, EBITDA about 24%, and India PAT around 40% in FY26. Global presence: The company has operations across multiple international markets, giving it access to global pharmaceutical and chemical capex. Strong niche positioning: GMM Pfaudler has established expertise in corrosion-resistant equipment and process technologies, creating entry barriers through technology, engineering capability and customer relationships. Q1 FY27 earnings acceleration: Q1 FY27 revenue was approximately ₹924 Cr, up 16.4% YoY, while PAT increased about 118% to ₹22 Cr. Financial Snapshot Metric FY25 FY26 Consolidated Revenue ₹3,199 Cr ₹3,624 Cr Revenue Growth — 13.3% EBITDA — ~₹403 Cr EBITDA Growth — ~11% Net Profit — ~₹58 Cr Order Intake — ~20% growth Order Backlog — ~₹2,146 Cr FY26 revenue and profit figures are based on reported consolidated results; different databases may show small differences depending on the reporting line used. 📌 Q1 FY27 Update Q1 FY27 was particularly strong: revenue ~₹924 Cr (+16.4% YoY) and PAT ~₹22 Cr (+117.7% YoY). This indicates significant earnings improvement compared with Q1 FY26. 📌 Key Takeaway GMM Pfaudler has a strong niche engineering franchise with improving growth and order momentum. FY26 showed double-digit revenue growth, while Q1 FY27 delivered a substantial improvement in profitability. The key things to monitor are order intake, backlog conversion, India vs international performance, EBITDA-margin expansion toward 15%+, working capital and acquisition execution.