Earnings Presentation for Q3/9M-FY26

WPIL Ltd reported a strong Q3-FY26 with consolidated revenue of INR 5,387 Mn, up 41.2% year-on-year, and EBITDA of INR 1,125 Mn with margins expanding sharply by 828 basis points to 20.88%. Profit after tax for the quarter stood at INR 756 Mn, translating to a diluted EPS of INR 5.56. For the nine-month period, consolidated revenue grew 8.8% to INR 13,433 Mn while EBITDA margins improved to 18.03% from 17.22% last year. International business scaled to 61% of revenues at INR 822 Cr, with PCI Africa securing large South African projects (Trans Caledon Tunnel and Macassar Wastewater). Domestic product revenues grew 30% YoY, supported by a record order pipeline including a 30 MW pump order for the Rajasthan river-linking project, with total product backlog at INR 10,357 Mn and project backlog at INR 41,943 Mn.