ALFA Finder| Revenue growth | Revenue +44.8% YoY to ₹130.6 Cr; execution-driven, no one-offs stated. |
|---|---|
| Margins | Gross margin fell YoY on supply-heavy mix; EBITDA margin 16.2%. |
| Order book | ₹675 Cr order book; ₹2,400 Cr pipeline; ~80% executable in FY27–28. |
| Demand visibility | Water stress, PSU/industrial demand; desal, data centre, CBG pipeline early-stage. |
| Management confidence | Confident; cash-flow and receivables questions answered with detailed rationale. |
Growth
Revenue +44.8% to ₹130.6 Cr; EBITDA +37.1% to ₹21.2 Cr, margin 16.2%; PAT +48.8%, margin 11.6%.
Outlook
Order book ₹675 Cr; pipeline ₹2,400 Cr; targets ₹1,000 Cr order book by Mar-27; ZLD margins 16–17%.
Risks
Operating cash flow −₹23.7 Cr; receivables ₹133.4 Cr; borrowings ₹69.5 Cr (from ₹38 Cr); gross margin down YoY.
Earnings Call Transcript filed with NSE, NSE: EFFWA. Summary written with AI assistance from the document.
Effwa Infra & Research Ltd: key numbers
- Share price
- ₹315.50
- Market cap
- ₹730.3 Cr
- Revenue (annual)
- ₹253.3 Cr
- Net profit (annual)
- ₹28.62 Cr
- P/E (TTM)
- 25.5×Sector 33.5×
- Promoter holding
- 73.03%+0.00% QoQ
- FII holding
- 0.02%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Effwa Infra & Research Ltd
All →Effwa Infra & Research Investor Presentation: Key Takeaways
H1 FY27 deck discloses no revenue, PAT or EBITDA figures. Business is ZLD/ETP EPC; 92.4% of FY26 revenue from ZLD; CRISIL BBB+/Stable.
Effwa Infra & Research H1 FY27 Results: Net Profit ₹15.1 Cr, Up 49.5% YoY
Effwa Infra & Research approved un-audited financial results for the half year ended September 30, 2026. Revenue from operations rose to Rs.13,064.90 lakhs with post-tax profit of Rs.1,509.68 lakhs.
- Key figure
- Net profit ₹15.1 Cr · +49.5% YoY
Effwa Infra & Research Other Announcement
Effwa Infra & Research Limited has informed the exchange about the non-applicability of Corporate Governance provisions for the quarter ended September 30, 2026.
Effwa Infra & Research Annual General Meeting
Effwa Infra & Research held its 13th Annual General Meeting on September 30, 2026. Shareholders approved all six resolutions, including the final dividend declaration.
Effwa Infra & Research Annual General Meeting
Effwa Infra & Research Ltd. announced its 13th AGM on September 30, 2026. The record date for the final dividend is fixed for September 22, 2026.
Effwa Infra & Research Other Announcement
Effwa Infra & Research Limited informed the exchange that Corporate Governance provisions are not applicable to the company for the quarter ended June 30, 2026.