Zetwerk Manufacturing Businesses Limited (ZETWERK) investor relations material

Executive summary

• FY26 revenue from operations was INR 60,517.69 million; the year ended with a total loss of INR 14,234.68 million, including losses from continuing and discontinued operations.

• The Civil Infrastructure Works business was classified as discontinued after the board approved its sale; completion is expected within 12 months.

Financial highlights

• Revenue from operations was INR 60,517.69 million vs INR 71,299.75 million in FY25; other income rose to INR 2,854.62 million from INR 1,769.20 million.

• Continuing operations recorded pre-exceptional profit of INR 488.29 million vs INR 791.65 million; after exceptional items, continuing loss was INR 7,811.81 million vs profit of INR 864.07 million.

• Total loss was INR 14,234.68 million vs INR 826.92 million; discontinued operations contributed a loss of INR 6,422.87 million.

• Total expenses were INR 62,884.02 million vs INR 72,277.30 million; finance costs were INR 1,886.65 million vs INR 1,918.16 million.

• Exceptional items included a INR 7,963.98 million charge for increased diluted holding entitlements; discontinued operations also recognized INR 4,530 million impairment on unbilled revenue and supplier advances.

Outlook and guidance

• Remaining performance obligations for continuing operations were INR 15,048.73 million at 31 March 2026 vs INR 9,217.22 million a year earlier; management expects 40%–50% to be recognized in the next reporting period, subject to contract progress.

• The Civil Infrastructure Works sale is expected to be completed within 12 months.