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Earnings Call

Neetu Yoshi Earnings Call: Key Takeaways

Neetu Yoshi Ltd reported FY26 revenue of ₹101cr (+44% YoY) and PAT of ₹25cr (+53% YoY). The company is expanding from components into full bogie and track assembly with a focus on railway safety products.

Why this was an Alfa AlertFuture growth guidance >50%: Management guides FY27 revenue of ₹210-220cr vs ₹101cr in FY26, representing >100% YoY growth.
Highlights
Revenue growthFY26 +44% YoY; FY27 guidance ₹210-220cr (>100% growth).
MarginsTargeting sustainable 25% PAT margins through high-entry-barrier certified products.
Order bookCurrent order book exceeds ₹140-150cr, executable within one year.
Demand visibilityStrong; 1 lakh wagon tender and track diversification provide clear visibility.
Management confidenceHigh; confident in achieving ₹350cr revenue target and 25% PAT margins.

Growth

FY26 Total Income ₹101cr (+44%), PAT ₹25cr (+53%). Guided FY27 revenue ₹210-220cr with 25% PAT margins.

Outlook

New plant operational June 2026; targeting ₹340-350cr peak revenue by FY28. Significant focus on RDSO approvals for new products.

Risks

Raw material price volatility (partially hedged by PVC clauses) and seasonal railway funding cycles affecting Q4 receivables.

Last quarter's promises, checked

Delivered

  • Guided H1 FY26 Revenue ₹44cr → delivered ₹45.89cr (= BEAT)
  • Guided PAT Margin 25% → delivered 25.15% (= BEAT)
  • Guided FY26 Revenue ₹100-110cr → delivered ₹101cr (= BEAT)

Partly delivered

  • Guided Haridwar plant April 2026 → June 2026 (= PARTIAL)
Source

Earnings Call filed with BSE, BSE: 544434. Summary written with AI assistance from the document.

Read the document ↗

Neetu Yoshi Ltd: key numbers

Share price
₹234.05
Market cap
₹908.4 Cr
Revenue (annual)
₹98.35 Cr
Net profit (annual)
₹25.01 Cr
P/E (TTM)
36.3×Sector 53.6×
Promoter holding
70.03%+0.00% QoQ
FII holding
0.06%Current quarter

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

More from Neetu Yoshi Ltd

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19:15 IST BSE
Business Update

Neetu Yoshi Business Update

Neetu Yoshi Ltd received RDSO prototype approval for its Friction Wedge, enhancing its product portfolio and eligibility to supply the Indian Railways.

20:11 IST BSE
Regulatory Approval

Neetu Yoshi Regulatory Approval

Neetu Yoshi Ltd received RDSO approval for its Friction Wedge prototype. This qualifies the company to supply this component to Indian Railways for high-speed bogies.

18:41 IST BSE
Annual Report

Neetu Yoshi Annual Report

Neetu Yoshi Limited submitted its Annual Report for the financial year 2025-26, fulfilling compliance obligations under Regulation 34 of SEBI (LODR) Regulations, 2015.

17:25 IST BSE
Financial Results

Neetu Yoshi H2 FY26 Results: Net Profit ₹13.5 Cr, Up 58.8% YoY

Neetu Yoshi Ltd reported revenue from operations of ₹54.2 Cr (+53.1% YoY) and net profit of ₹13.5 Cr (+58.8% YoY) for H2 FY26.

Key figure
Net profit ₹13.5 Cr · +58.8% YoY