Synergy Green Industries Limited has informed the Exchange about Transcript
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Synergy Green Industries, a wind and engineering castings maker, reported Q1 FY26 total income of Rs 85.38 crores, up 8% year-on-year, with PBDIT rising 25% to Rs 13.16 crores and margins expanding 210 basis points to 15.41%. Profit after tax grew 14.44% to Rs 3.38 crores. Management guided for 20% revenue growth and over 100 basis points margin expansion in FY26, with a target of 18%+ EBITDA margins over the medium term. The company is expanding capacity from 30,000 to 45,000 metric tons via Rs 187-200 crores of capex (foundry, captive solar power to 10 MW, and in-house machining), with the new units expected operational by Q3-Q4 FY26. A larger next-phase expansion to 100,000-120,000 tons is envisaged over FY26-27, requiring Rs 400-500 crores, while keeping debt-to-equity below 1.5. New customer wins include Nordex, Envision, and Adani, alongside a Rs 167 crore order schedule from Vestas for calendar year 2026.
The transcript reinforces a constructive growth narrative: strong order visibility from global wind OEMs, diversification into non-wind and gearbox segments, and clear margin expansion pathway through in-house machining and captive renewables. For shareholders, the key positive signal is explicit margin guidance toward 18%+ EBITDA, supported by capex-led capacity addition, while the planned debt discipline (D/E below 1.5) reduces balance sheet risk for the next expansion phase.