Earning Presentation
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Remi Edelstahl Tubulars submitted its Q3FY26 earnings presentation to BSE. Revenue came in at ₹3,411.34 lakhs for the quarter, down from ₹4,313.58 lakhs in Q3FY25. EBITDA fell to ₹162.74 lakhs (vs ₹262.82 lakhs YoY) and profit after tax dropped to ₹38.92 lakhs (vs ₹82.67 lakhs YoY). For 9MFY26, total income stood at ₹9,504.90 lakhs with PAT of ₹163.13 lakhs. The company highlighted a current order book of ₹129.39 crores as of January 31, 2026, including a record single order of ₹57.8 crore. Management also spotlighted its new WSG (South Korea) partnership to enter semiconductor, EV slurry, pharma, and food & dairy tube segments, with commercial production targeted for Q1 FY27.
Sharp YoY decline in revenue and profits signals short-term pressure, but a strong order book, the largest-ever single order, and entry into high-growth segments like semiconductors and EVs could support a medium-term recovery story for shareholders.