THEJONSEThejo Engineering LimitedHighNeutral
Announced Tue, 12 Aug · 18:21 IST

Thejo Engineering Limited has submitted to the Exchange the standalone and consolidated financial results for the quarter ended June 30, 2025

Ebitda Margin CompressionResults View source PDF

THEJO · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Thejo Engineering reported standalone revenue of Rs. 110.7 crore for Q1FY26, up about 11% from Rs. 99.9 crore in Q1FY25, driven by its Operations and Maintenance division. However, standalone EBITDA fell to Rs. 16.7 crore from Rs. 19.6 crore, and standalone profit after tax declined to Rs. 9.4 crore from Rs. 11.3 crore due to higher employee costs and a shift in revenue mix toward more variable-cost work. On a consolidated basis, revenue rose modestly by around 4% to Rs. 135.6 crore and PAT edged up to Rs. 9.8 crore from Rs. 9.6 crore, helped by better performance from subsidiaries Thejo Hatcon and Thejo Australia. The company reported an order book of about Rs. 222 crore as of July 31, 2025, and announced a new distributorship with Fraccaroli & Balzan for filter presses.

Likely market impact

Revenue growth is positive but shrinking margins and weaker standalone profits may concern investors looking at profitability trends. The strong order book and new partnerships provide some comfort on future growth, though near-term earnings momentum has softened compared to last year.