Rs. 3,059 crore: Q1 FY27 press release: Revenue Rs. 521 Cr, PAT Rs. 40 Cr, order book Rs. 3,059 Cr

First results after listing on 3rd September 2026.

Mon 21 Sep 2026

Q1 FY27 Revenue

Rs. 521 Cr, up 19.3% YoY

Operating EBITDA

Rs. 71 Cr, margin 13.6% vs 12.1%

PAT

Rs. 40 Cr, up 32.4%; EPS Rs. 1.65

Order book

Rs. 3,059 Cr (down 2.9% YoY); inflows Rs. 176 Cr

Credit Rating Upgrade

CRISIL upgraded long-term rating to A+/Stable

How much did Lumino Industries earn?

📊 Q1 FY27 consolidated numbers

• Revenue from Operations: Rs. 521 Cr vs Rs. 437 Cr in Q1 FY26 (up 19.3%); Q4 FY26 was Rs. 712 Cr (down 26.7% QoQ)
• Operating EBITDA: Rs. 71 Cr vs Rs. 53 Cr (up 34.2%)
• Operating EBITDA margin: 13.6% vs 12.1%
• PAT: Rs. 40 Cr vs Rs. 30 Cr (up 32.4%); PAT margin 7.6%
• Basic EPS: Rs. 1.65 vs Rs. 1.25

🏭 Segment split

• Manufacturing revenue Rs. 371 Cr (up 6.5%), EBITDA Rs. 49 Cr, margin 13.3%
• EPC revenue Rs. 150 Cr (up 69.6%), EBITDA Rs. 21 Cr, margin 14.1%
• Revenue mix: 71% Manufacturing, 29% EPC

📦 Order book

Order inflows of Rs. 176 Cr in the quarter; order book at Rs. 3,059 Cr as of June 30, 2026, a decline of 2.9% year-on-year. Manufacturing Rs. 1,046 Cr and EPC Rs. 2,013 Cr. Key orders included an EHV substation order from Haryana Vidyut Prasaran Nigam Limited.

🏦 Rating and IPO

After the quarter end, CRISIL upgraded long-term bank facilities from CRISIL A/Stable to CRISIL A+/Stable; short-term facilities reaffirmed at CRISIL A1. The Company listed on 3rd September 2026 after an IPO of Rs. 700 crore, including a fresh issue of Rs. 500 crore, with net proceeds mainly for repayment of borrowings and capex.

🏗️ Capacity expansion

Ranihati facility to add 35,000 MT in three phases — 10,000 MT targeted in H2 FY27, about 11,000 MT in Q3 FY28 and about 14,000 MT in Q1 FY29 — lifting total installed capacity from 40,000 MT to 75,000 MT, and adding HT power cables up to 66 kV.

🗣️ Context

The Company stated it will not conduct an earnings call for Q1 FY27 given the proximity to the end of Q2 FY27 on 30th September 2026.

For FY26, revenue was Rs. 2,041 Cr with PAT of Rs. 160 Cr, against Rs. 1,918 Cr and Rs. 125 Cr in FY25.

Investors may read this as steady profit growth with margin improvement, alongside a slightly smaller order book year-on-year and a sequential revenue decline from a seasonally stronger Q4.

Not investment advice. ScoutQuest reports what companies say.