We submit herewith Transcript of Earnings Call held on 22nd May, 2025 on fourth quarter and financial year ended 31st March, 2025
KLBRENG-B · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kilburn Engineering reported its highest-ever FY25 results, with consolidated revenue of ₹425 crore and EBITDA of ₹100 crore, driven by a record standalone order intake of ₹493 crore and group order backlog of ₹483 crore. The recently acquired Monga Strayfield (Jan 2025) added to the consolidated base, while the Ambernath factory and M.E. Energy Pune Phase 1 expansion are now fully operational. Management highlighted a robust inquiry pipeline of over ₹3,000 crore at the consolidated level and guided for 50% revenue growth in FY26 followed by a 25% CAGR in subsequent years. Consolidated EBITDA margin guidance was reiterated at 20–22%, supported by a diversified sector mix including nuclear (now 45–50% of Q4 inflows), carbon black, fertilisers, and petrochemicals. Export orders stood at ~₹160 crore, with a target of 20–30% revenue from exports over the next 2–3 years.
Strong results, record order book, and explicit multi-year growth guidance (50% in FY26, 25% CAGR thereafter) are positive signals for shareholders. However, negative cash flow from operations (~₹10 crore), elevated working capital days, and management's reluctance to provide granular gross margin or cash conversion guidance may temper near-term sentiment.