reported a 34.5 per cent year-on-year rise in revenue from operations to ₹1,525.3 crore for the financial year ended March 31, 2026, while profit after tax jumped 56.2 per cent to ₹92.6 crore. The Noida-based prefab solutions company released its audited financial results on Saturday, May 16.
On Monday, the stock was trading at ₹192.41 on the , down 4 per cent from its previous close of ₹200.42, with sell orders accounting for over 80 per cent of total traded quantity. The stock has declined 28.33 per cent year-to-date and sits well below its 52-week high of ₹344, though it has recovered from its 52-week low of ₹132.17 hit in late March.
For the fourth quarter of FY26, revenue grew 42.4 per cent year-on-year to ₹470.8 crore. PAT for the quarter came in at ₹30.3 crore, up 51.5 per cent from ₹20 crore a year ago. EBITDA margins for the full year improved marginally by 10 basis points to 10.5 per cent.
The company’s pending order book stood at ₹1,112.7 crore as of March 31, 2026. Net cash position was approximately ₹200.7 crore, and operating cash flow for FY26 was ₹135.7 crore, representing roughly 85 per cent of EBITDA. The company also repaid ₹70 crore in borrowings from IPO proceeds.
On the capacity front, one line of the Mambattu brownfield expansion commenced commercial production on April 29, 2026, taking total PEB capacity to 147,122 MTPA. Greenfield expansion at Ghiloth is ongoing, and land acquisition in Gujarat has been completed to support West India growth.
ICRA upgraded the company’s credit rating to A+ (Stable) for long-term instruments during the year. The company listed on stock exchanges on October 1, 2025, and is currently part of the NIFTY IPO index.