REMSONSINDBSERemsons Industries LtdHighNeutral
Announced Fri, 22 May · 18:03 IST

Press Release Q4 2025-26

Order Pipeline DisclosedMgmt Guided Margin ImprovementMgmt Guided Margin PressureAnalyst Day Multiyear TargetsInvestor Communications View source PDF

REMSONSIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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+0.8%1-day move
₹93.49
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₹92.20
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AI summary

Remsons Industries reported its strongest year on record for FY26 with revenue up 24% to ₹4,687mn, EBITDA up 33% to ₹495mn (11% margin), and Net PAT up 26% to ₹181mn. The company secured landmark orders including a ₹3,000mn 7-year Stellantis control cables order (largest in company history, deliveries starting FY27), ₹600mn Gear Shifter order from a CV OEM, and ₹120mn lighting design order from BEE Lighting. Management opened a new 30,000 sq ft Pune facility for locomotive/defence and identified 20,000 sq ft expansion in NCR. ICRA upgraded the credit rating to BBB+/A2. The company reiterated its ₹9,000-10,000mn revenue target by FY30 (~24-29% CAGR), with ₹1,000mn capex planned over 3 years. Management flagged potential 100-200 bps margin pressure in Q1 FY27 from raw material inflation (hot-rolled steel +11%, aluminium +27%, copper +28%) but expects revenue growth to continue on Stellantis ramp-up.

Likely market impact

The Stellantis order and robust order pipeline provide strong revenue visibility for FY27 and beyond. However, rising raw material costs could pressure margins near-term despite management's stated 11-13% sustainable EBITDA margin band. The credit rating upgrade reflects improved financial health and may reduce borrowing costs.