๐ Recent Business Developments
Recently secured a โน35+ crore order in the energy/data center segment, strengthening presence in clean energy
Continues to benefit from defence, space (ISRO), nuclear, and hydrogen energy opportunities
Involved in critical components for Indiaโs space missions, boosting long-term credibility
Long-term contracts (including global clients) improving revenue visibility
๐ Financial Performance (Latest)
Q3 FY26 results were strong:
Revenue growth ~59% YoY
Profit growth ~115% YoY
EBITDA margins ~23%
Improving operational efficiency and diversified order book
Working capital cycle improving
๐ฆ Institutional Activity
Strong institutional interest:
Bank of America bought stake via bulk deal (~โน55 crore)
Institutional holding has increased significantly, showing confidence in growth story
๐ Growth Outlook
Company has raised revenue growth guidance (~30โ35%) for FY26
Order book expected to expand significantly with focus on:
Clean energy (fuel cells, hydrogen)
Aerospace & defence
Nuclear sector
Capacity expansion and new facility developments underway