Transcript with respect to the investor/analyst call held on 28th April, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bondada Engineering reported FY26 revenue of INR2,843 crores with net profit of INR211 crores (7.5% margin), improving from 7.2% last year. The order book stands at INR7,147 crores with an additional INR2,850 crores of L1 orders expected in Q1. Management guided for 60-70% revenue growth in FY27 with similar bottom-line expansion. Key new initiatives include a 27-acre integrated manufacturing facility near Hyderabad (INR120-130 crores Capex), a 2 GW IPP project in Andhra Pradesh worth INR9,000 crores, and data centre operations contributing 7-8% of revenue with 14-15% EBITDA margins. The company targets $1 billion revenue and 25 GW capacity by 2030.
Strong order book visibility and multi-year growth pipeline support continued outperformance. The 60-70% revenue growth guidance for FY27 and improving margin profile (EBITDA expected up 20-30 bps) are positive for shareholders, though the high working capital intensity (receivables at 27-28% of revenue) and new Capex requirements warrant monitoring.