Bondada Engineering (543971) Q4 25/26 earnings summary

Executive summary

• FY26 consolidated revenue was ₹284,280.50 lakh vs ₹157,095.68 lakh in FY25; PAT was ₹21,107.91 lakh vs ₹11,317.13 lakh.

• Closing order book was INR 71,475 Mn at 31 March 2026, spanning renewable energy, BESS, telecom, railways, products and initial defence orders.

• Consolidated operating cash flow turned positive at ₹12,456.58 lakh; net worth was INR 7,325 Mn and reported cash and cash equivalents were INR 3,458 Mn.

• Statutory auditors issued unmodified opinions on consolidated and standalone results.

Financial highlights

• Q4 FY26 consolidated revenue was ₹91,385.31 lakh vs ₹71,430.57 lakh YoY; PAT was ₹6,288.31 lakh vs ₹5,551.21 lakh.

• FY26 EBITDA was INR 3,266.1 Mn, up 91.3% YoY; EBIT was INR 3,254.0 Mn, up 87.7%, and PBT was INR 2,846.6 Mn, up 86.9%.

• FY26 EBITDA margin improved 62 bps to 11.5%; net profit margin rose 22 bps to 7.4%.

• FY26 standalone revenue was ₹263,493.82 lakh vs ₹140,713.49 lakh; PAT was ₹18,421.37 lakh vs ₹10,124.64 lakh.

• FY26 revenue mix was renewable energy 79%, telecom 14% and products 7%.

Segment performance

• FY26 EPC revenue was ₹251,247.19 lakh vs ₹101,604.09 lakh; segment result was ₹28,728.56 lakh vs ₹11,376.27 lakh.

• FY26 Services revenue fell to ₹13,891.51 lakh from ₹39,687.06 lakh; Products revenue rose to ₹19,141.80 lakh from ₹15,804.53 lakh.

• Renewable energy order book was INR 45,367 Mn; FY26 solar commissioning was 492 MWp and cumulative commissioned capacity reached ~1.3 GWp.

• BESS order book was INR 14,630 Mn across TNGECL and APTRANSCO BOO projects totaling 850 MWh, both under execution.

• Telecom order book was INR 7,854 Mn; 1,536 BSNL towers were installed, 1,506 on-air. Railways order book was INR 1,930 Mn; products INR 1,688 Mn; initial defence order book INR 4 Mn.