Manufactures corrosion-resistant industrial equipment — primarily glass-lined reactors, vessels and storage tanks, heavy engineering equipment, and related process systems — sold mainly to chemical and pharmaceutical producers, with growing orders from semiconductor, defence, nuclear, oil & gas, and metals & minerals customers. Two reportable segments: India (₹976.42 crore revenue, 27.7% of segment revenue) and Overseas (₹2,547.52 crore revenue, 72.3% of segment revenue), reflecting its Indian parent plus European and Brazilian operations. FY26 consolidated revenue was ₹3,523.94 crore with ₹51.82 crore net profit, weighed down by ₹52.62 crore of exceptional items for workforce reduction at the German Pfaudler GmbH subsidiary and ₹12.69 crore for Indian labour code gratuity changes. Order intake for FY26 reached ₹3,714 crore (up 20% year-on-year) and opening backlog rose 34% to ₹2,194 crore, including a ₹130 crore nuclear order and a USD 30 million acid-recovery order, giving strong revenue visibility into FY27. The biggest cost line is raw materials at 41.5% of revenue, followed by employee costs at 28.6%, consistent with an equipment manufacturer that buys glass, steel and alloys and runs engineering-heavy plants. Recent acquisitions include 100% of SEMCO Brazil for ₹162 crore and 51% of GMM Inox Poland for ₹25.30 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Overseas (72%), India (28%). Cyclical, asset-heavy industrial equipment manufacturer with diversified end-markets
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,541 | 3,178 | 3,446 | 3,199 | 3,524 |
| EBITDA (ex other income) | 284 | 410 | 477 | 313 | 337 |
| margin % | 11.2 | 12.9 | 13.8 | 9.8 | 9.6 |
| Owners' profit | 85 | 98 | 179 | 53 | 58 |
| EPS, as reported (₹) | 58.18 | 37.52 | 39.80 | 11.78 | 12.86 |
| ROE % · ROCE % | 11.3 · 9.4 | 26.2 · 17.4 | 17.9 · 17.5 | 4.8 · 10.1 | 4.2 · 9.0 |
| Debt / equity (x) | 0.76 | 0.98 | 0.73 | 0.63 | 0.68 |
| Cash from operations | 236 | 185 | 284 | 378 | 389 |
| Capex | (132) | (69) | (64) | (63) | (78) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 805 | 801 | 807 | 795 | 902 | 884 | 944 | 925 |
| Profit before tax | 33 | 62 | (34) | 32 | 64 | (14) | 26 | 40 |
| Net profit | 17 | 40 | (28) | 10 | 39 | (9) | 15 | 22 |
| EPS (₹) | 3.84 | 9.23 | (6.00) | 2.48 | 9.22 | (1.78) | 3.82 | 5.32 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| India | 976 | 27.7 |
| Overseas | 2,548 | 72.3 |
| Total, before eliminations | 3,524 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Promoter group inter-se transfer of 23,480 shares | ownership changes | medium | — | — |
| 2 Sept 2026 · GMM Pfaudler to host plant visit for analysts on September 7 | board shareholder meetings | low | — | — |
| 2 Sept 2026 · GMM Pfaudler to host plant visit for analysts on Sep 7 | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Thomas Kehl, CEO International Business, retires from GMM Pfaudler | management changes | medium | — | — |
| 31 Aug 2026 · Subsidiary GMM International repays EUR 7 million debt | credit debt | medium | — | — |
| 28 Aug 2026 · GMM Pfaudler to attend Elara India Dialogue 2026 on Sep 2 | board shareholder meetings | low | — | — |
| 13 Aug 2026 · Q1 FY27 earnings call transcript filed; revenue up 16%, EBITDA down 7% YoY | investor communications | medium | — | — |
| 6 Aug 2026 · Earnings Call Q1 FY27 Audio Recording Posted on Website | investor communications | low | — | — |
| 6 Aug 2026 · GMM Pfaudler Q1 FY27 results published; consol PAT more than doubles YoY | compliance | minimal | — | — |
| 6 Aug 2026 · GMM Pfaudler Q1 FY27 results: consolidated PAT at Rs 22.1 crore | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 11.3 |
| 13.4 |
| — |
| 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 79.0 | 26.9 | 114 of 138 | 18% |
| P/B | 4.8 | 3.5 | 67 of 111 | 40% |
| ROCE | 4.1 | 11.3 | 111 of 144 | 23% |
| ROE | 4.2 | 9.5 | 87 of 117 | 26% |
| Debt / Equity | 0.7 | 0.2 | 97 of 117 | 17% |
| EBITDA margin | 11.2 | 12.4 | 62 of 110 | 44% |
| Revenue growth | 16.4 | 20.6 | 64 of 114 | 44% |
| Profit growth | 117.7 | 17.1 | 21 of 109 | 82% |
| Market cap | 5884 | 356 | 15 of 140 | 90% |
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
