Business update for H1FY27: order book at ~₹1,300+ crore and entry into new segments

Business update for the six months ended September 30, 2026 (H1FY27).

Fri 2 Oct 2026

Order Book

~₹1,300+ crore as on September 30, 2026

Period

six months ended September 30, 2026 (H1FY27)

New Segments Entered

orders for Logistic Park and Steel Plant construction

Order book gives visibility

• The company's ongoing order book stood at ~₹1,300+ crore as on September 30, 2026, which it says provides strong execution visibility for the coming periods.
• New order booking during the first half was described as satisfactory, given the economic volatility during the period.
• The company expects new order closures to pick up pace in the second half as geo political issues and economic macros stabilize.

Execution

• Project execution was described as healthy, with the company demonstrating execution strength at multiple locations.

Entry into new segments

• During H1 FY27 the company marked its entry into new segments, securing orders for Logistic Park and Steel Plant construction.
• These come alongside its core Cement business, reflecting a stated focus on diversifying beyond it.
• It also sees opportunity in upcoming sectors such as data center and power plant.

Pivot to end-to-end execution

• Using its strength in civil construction works, the company is pivoting towards end-to-end project execution that includes mechanical, structural and electrification works along with civil works.
• It says entry into these segments leverages its established execution capabilities, technical expertise and proven business model, enabling it to expand into adjacent sectors while operating on terms broadly aligned with its existing business.
• The stated focus is on selectively pursuing larger and technically demanding projects while maintaining a diversified order book across sectors.

How to read this update

• This is a business update for the six months ended September 30, 2026, covering the order book, execution, new segments and the shift towards end-to-end execution.
• The order book is stated as an approximate figure as on September 30, 2026.
• Statements about order closures expected in the second half, and about opportunities in sectors such as data center and power plant, are forward-looking in nature.
• The tone of the update is positive, describing a healthy order book, healthy execution and entry into new segments.

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