BSETelge Projects LtdMediumNeutral
Announced Tue, 19 May · 15:24 IST

Investor Presentation for Financial Year ended March 31, 2026.

Order Pipeline DisclosedAnalyst Day Multiyear TargetsMgmt Guided Margin ImprovementInvestor Communications View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹105.25
prior close
₹106.50
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AI summary

Telge Projects reported FY26 revenue of Rs. 40.2 crore, up 57% YoY, with EBITDA of Rs. 9.0 crore and PAT of Rs. 5.9 crore. The company completed its IPO and acquired Edward Farr Architects Inc. to strengthen its US architectural services. Revenue grew strongly in FY26 vs FY25, though Q4 FY26 EBITDA margin compressed to 34.0% from 47.6% in Q4 FY25, reflecting higher operating costs. The order book stands at Rs. 25 crore with a Rs. 6 crore pipeline RFQ under bidding. Management guided 70–80% YoY organic growth expectation and targets revenue growth in the mid-teens supported by its scalable asset-light model.

Likely market impact

The strong FY26 topline growth and 22.4% EBITDA margin are positive, but the Q4 margin contraction and lower EPS (due to expanded share capital post-IPO) may cause near-term pressure. The disclosed pipeline and multi-year growth guidance are constructive for long-term shareholders.