AGM Presentation: FY26 Revenue ₹757 Cr, Up 1%; PAT ₹75.5 Cr, Down 13%

AGM presentation shares FY26 consolidated numbers.

Thu 24 Sep 2026

FY26 Revenue

₹756.7 Cr vs ₹745.6 Cr (1% YoY)

FY26 PAT

₹75.5 Cr, down (13)%

FY26 EBITDA

₹122.7 Cr, down (11)%; margin 16% vs 19%

Gross Profit Margin

57% (up from 56%)

FY31 Revenue Projection

₹1,500 Cr

What the presentation shows

The 52nd Annual General Meeting presentation sets out consolidated and entity-level performance for FY26.

FY26 consolidated numbers

• Total revenue ₹756.7 Cr versus ₹745.6 Cr in FY25, a 1% YoY change
• Gross profit ₹431.7 Cr versus ₹415.3 Cr, up 4%; margin 57% versus 56%
• EBITDA ₹122.7 Cr versus ₹138.0 Cr, down (11)%; margin 16% versus 19%
• Profit before tax ₹90.1 Cr versus ₹107.6 Cr, down (16)%
• Profit after tax ₹75.5 Cr versus ₹86.8 Cr, down (13)%

So revenue was broadly flat while profits declined, meaning costs below the gross-profit line rose faster than sales.

Long-term trend and mix

Revenue grew about 5x from ₹161 Cr in FY17 to ₹757 Cr in FY26, a revenue CAGR of about 16%, attributed to capacity expansion, acquisitions, a diversified portfolio and global presence. The geographic mix shifted sharply: within India 93.0% and outside India 7.0% in the earlier year, versus within India 44.5% and outside India 55.5% now. A FY31 projection of ₹1,500 Cr is shown on the chart.

The company notes FY26 performance remained muted due to external headwinds such as US tariff impacts, geopolitical disruptions and supply chain constraints, which affected execution timelines and delayed revenue recognition.

Entity-wise performance

• Jash Engineering (with Shivpad merged into it): revenue ₹509.0 Cr versus ₹523.1 Cr, down (3)%; PAT ₹68.1 Cr versus ₹75.3 Cr, down (10)%
• Rodney Hunt: revenue ₹284.9 Cr ($ 30.1 Mn) versus ₹324.4 Cr ($ 34.3 Mn), down (12)%; PAT ₹12.1 Cr ($ 1.3 Mn) versus ₹21.8 Cr ($ 2.3 Mn), down (44)%
• Waterfront Fluid Controls: revenue ₹37.5 Cr (£ 3.0 Mn) versus ₹36.1 Cr (£ 2.9 Mn), up 4%; loss of ₹3.9 Cr (- £ 0.3 Mn) versus a loss of ₹5.4 Cr (- £ 0.4 Mn). FY25 for Waterfront includes 11 months.

How to read it

The US business saw the sharpest profit decline, consistent with the tariff and supply-chain commentary, while the UK unit narrowed its loss on slightly higher revenue. Forward-looking statements in the presentation carry the company's standard safe-harbour caveat.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.