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Earnings Call

Airfloa Rail Technology Earnings Call: Key Takeaways

Airfloa Rail Technology delivered strong FY26 results with 66% revenue growth, driven by railway interiors. Management is diversifying into defense via a JV with Big Bang Boom Solutions.

Why this was an Alfa AlertManagement explicitly guides FY27 revenue of ₹500cr, representing 56.4% YoY growth over FY26 revenue of ₹319.6cr, meeting the >50% future growth guidance threshold.
Highlights
Revenue growth66% YoY in FY26; guiding 56% for FY27.
MarginsEBITDA margin 20.1% (vs 25.1% FY25); PAT margin 12.2%.
Order book₹469cr total; 96% railways, 89% government clients.
Demand visibility₹469cr unexecuted order book; ₹1,200cr active bid pipeline.
Management confidenceHigh, citing active bid pipeline and strategic JV.

Growth

Revenue grew 66% YoY to ₹319.6cr; PAT increased 52% to ₹39.1cr. EBITDA reached ₹64.2cr.

Outlook

FY27 revenue guidance of ₹500cr (56% growth) with 12-13% PAT margins; 14-acre capacity expansion planned.

Risks

High debtor days (195) and long cash conversion cycle (203 days) remain key balance sheet headwinds.

Source

Earnings Call filed with BSE, BSE: 544516. Summary written with AI assistance from the document.

Read the document ↗

Airfloa Rail Technology Ltd: key numbers

Share price
₹563.55
Market cap
₹1,351 Cr
Revenue (annual)
₹319.6 Cr
Net profit (annual)
₹39.15 Cr
P/E (TTM)
34.5×Sector 33.6×
Promoter holding
54.20%
FII holding
0.09%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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19:35 IST BSE
Acquisition

Airfloa Rail Technology Acquisition Worth ₹48 Cr

Airfloa Rail Technology signed an MOU with KIN Railway Equipment to acquire its business for Rs. 48 Crore, subject to due diligence.

Value
₹48.00 Cr
15:09 IST BSE
Other Announcement

Airfloa Rail Technology Other Announcement

The company filed its quarterly shareholding pattern pursuant to Regulation 31(1)(b) of SEBI LODR Regulations for the quarter ended March 31, 2026.

21:28 IST BSE
New Order Win

Airfloa Rail Technology Bags ₹31.08 Cr Order from STORES/HSQ/ Rail Coach Factory/Kapurthala

Airfloa Rail Technology Limited secured a Rs. 31.08 Crore work order from Rail Coach Factory, Kapurthala for interior furnishing of Namo Bharat Rapid Rail.

Value
₹31.08 Cr
From
STORES/HSQ/ Rail Coach Factory/Kapurthala
Execution
Completion within on or before 30/12/2026 & 25/02/2027
20:10 IST BSE
Annual General Meeting

Airfloa Rail Technology Annual General Meeting

Airfloa Rail Technology Limited will hold its 27th Annual General Meeting on 28th September 2026 via video conferencing. The notice covers standard AGM business and appointments.

20:01 IST BSE
Annual Report

Airfloa Rail Technology Annual Report

Airfloa Rail Technology Limited has submitted its Annual Report and AGM Notice for the financial year 2025-26 to the stock exchange.