Press Release in relation to the Unaudited Financial Results for the Half Year Ended 30th September 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Innovators Facade Systems reported standalone revenue of INR 8,360.22 lakhs in H1-FY2026, down 26.70% from INR 11,405.07 lakhs in H1-FY2025, mainly due to delays in project design approvals, client site readiness, and site mobilization. Despite the revenue dip, EBITDA margins improved to 16.75% from 15.79%, though profit before tax fell to INR 701.93 lakhs (margin 8.40%) versus INR 1,064.14 lakhs (margin 9.33%) last year. The company secured new work orders worth INR 20,370 lakhs during H1-2026 (vs INR 4,517 lakhs in H1-2025) and added INR 31,080 lakhs more after September. This pushed the order book to an all-time high of INR 74,393 lakhs as of October 31, 2025. Key wins include the Four Seasons Hotel tower (INR 8,700 lakhs), Birla Niyara for Aditya Birla Real Estate (INR 14,619 lakhs), and a K Raheja Corp project in Pune (INR 7,761 lakhs). Management expects revenue to recover in H2-FY2026 and FY2026-27.
Weak near-term earnings due to project execution delays, but the record order book of INR 74,393 lakhs points to a strong revenue pipeline ahead. Investors should watch for execution progress in upcoming quarters to confirm the expected recovery.