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Earnings Call

Konstelec Engineers Earnings Call: Key Takeaways

Konstelec delivered exceptional profit growth in H2 FY26 despite flat revenues, driven by a strategic shift toward high-margin defense and data center segments. Management is pivoting from commoditized industrial EPC to niche infrastructure projects.

Highlights
Revenue growthH2 revenue flat at ₹105cr; FY26 revenue grew 8.6% YoY to ₹210cr.
MarginsH2 PAT margin expanded significantly from 0.95% to 5.45% YoY.
Order book₹550 crore, primarily across refinery (53%) and defense (15%) segments.
Demand visibilityStrong traction in Defense and Data Center sectors with ₹550cr order book.
Management confidenceConfident but cautious due to raw material price volatility and logistics costs.

Growth

PAT surged 465% YoY to ₹5.75 crore in H2, despite revenue declining slightly to ₹105 crore.

Outlook

Management targets doubling PAT margins over 2-3 years by targeting ₹50-₹100 crore+ defense and data center projects.

Risks

High working capital intensity with 163-day cycle and persistent negative operating cash flows due to milestone-linked payments.

Source

Earnings Call filed with NSE, NSE: KONSTELEC. Summary written with AI assistance from the document.

Read the document ↗

Konstelec Engineers Ltd: key numbers

Share price
₹59.85
Market cap
₹90.37 Cr
Revenue (annual)
₹210.4 Cr
Net profit (annual)
₹7.29 Cr
P/E (TTM)
12.4×Sector 33.0×
Promoter holding
66.81%
FII holding
0.00%Current quarter

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

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Value
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Execution
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