RAMKY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ramky Infrastructure reported strong profit growth in FY2026 with consolidated PAT up 40% YoY to ₹283 crore and standalone PAT up 28% to ₹332 crore. However, revenues declined with consolidated revenue at ₹1,846 crore (vs ₹2,045 crore) and standalone at ₹1,679 crore (vs ₹1,969 crore). EBITDA margins also compressed by 2 percentage points for both consolidated (23%) and standalone (20%) operations. The company secured new orders worth ₹4,500 crore in Q4 alone, taking the total order book above ₹13,000 crore as of March 31, 2026. Key wins include a ₹3,000 crore industrial park project from MIDC in Maharashtra and a ₹2,100 crore water transmission project from HMWSSB. The Board recommended a final dividend of 10% of nominal value per share. Exceptional gains of ₹156 crore (standalone) and ₹59 crore (consolidated) boosted PAT. The company also raised ₹325 crore through asset monetisation and stake sales.
The 40% PAT growth on lower revenues reflects improved operational efficiency and exceptional gains, though margin pressure from declining revenues is a concern. The massive order book of ₹13,000+ crore provides strong revenue visibility for FY2027 and beyond. Dividend recommendation signals management confidence in future cash flows despite near-term revenue headwinds.