Mumbai, May 12: The company reported a strong operational performance for FY26, driven by healthy growth across both its Phenix (PEB) and Proflex (Self-Supported Roofing) businesses, while maintaining a strong order pipeline and expanding market presence.
For Q4FY26, consolidated revenue stood at ₹3,637 million, reflecting a 16% year-on-year growth and 3% sequential growth. For the full financial year FY26, revenue reached ₹12.6 billion, marking a robust 27% growth over FY25.
Strong Business Momentum Across Segments
The Phenix division (Pre-Engineered Buildings) recorded revenues of ₹2,830 million in Q4FY26, registering 19% year-on-year growth. Volumes stood at 21,210 MT during the quarter, while average realizations improved by 11% YoY to ₹1,33,426 per MT.
The Proflex division (Self-Supported Roofing) reported revenues of ₹810 million during the quarter, with volumes growing 8% YoY to 4,46,220 sq. mt.
Profitability and Margins
EBITDA for Q4FY26 stood at ₹379 million. Adjusted EBITDA, excluding forex losses, came in at ₹418 million. Gross margins improved to 32.3%, expanding by 110 basis points year-on-year.
Recurring PAT for the quarter stood at ₹270 million, while FY26 recurring PAT reached ₹938 million, reflecting a 22% YoY growth.
Order Book and Business Visibility
The company reported order inflows of ₹3,880 million during Q4FY26. The outstanding order book at the end of FY26 stood at ₹10,830 million, representing 35% year-on-year growth and providing strong revenue visibility going forward.
The order book mix comprised:
- Proflex: 20%
- Phenix: 81%
- Domestic: 55%
- Exports: 26%
Cash Flow and Financial Position
The company maintained a disciplined balance sheet with controlled leverage and continued investments toward growth and operational efficiency.
Outlook
The company remains optimistic about growth prospects driven by:
- Rising demand for pre-engineered buildings
- Increased infrastructure and industrial capex
- Expanding adoption of modern roofing solutions
- Strong domestic and export opportunities
With a healthy order pipeline, improved realizations, and ongoing operational efficiencies, the company remains focused on strengthening execution capabilities and driving sustainable long-term growth.
Financial Snapshot
Q4FY26 Highlights
- Revenue: ₹3,637 million
- EBITDA: ₹379 million
- Recurring PAT: ₹270 million
- Gross Margin: 32.3%
- EBITDA Margin: 10.4%
FY26 Highlights
- Revenue: ₹12.6 billion
- Revenue Growth: 27% YoY
- Recurring PAT: ₹938 million
- Outstanding Order Book: ₹10.83 billion
Growth Outlook
The company continues to focus on:
- Capacity optimization
- Margin improvement initiatives
- Digital and operational efficiencies
- Expanding domestic and export market presence
- Strengthening customer relationships across industrial and infrastructure sectors
The management remains confident of sustaining long-term growth momentum supported by a strong execution pipeline and favorable industry trends.