FY27 Consolidated Revenue Target: Rs 5,000-6,000 crore
Management targets Rs 5,000-6,000 crore revenue in FY27 with 25-30% growth conservatively, while internal budget is set at 50-55% growth assuming stable steel prices.
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21st Century Management Services · forward-looking guidance across the available source record.
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FY27 EBITDA Margin Guidance: 13-15%
Consolidated EBITDA margins expected to sustain in the 13-15% range for FY27, with management preferring to guide conservatively and overdeliver.
Saudi Facility FY27 Revenue: Rs 1,500-2,000 crore
Saudi plant expected to contribute Rs 1,500-2,000 crore in FY27 at 50-60% utilization, scaling to Rs 2,000-2,500 crore in FY28 and Rs 2,500-3,000 crore by FY29.
Jammu Facility FY27 Revenue: Rs 300 crore
Jammu plant expected to contribute approximately Rs 300 crore in FY27 (partially operational), scaling to Rs 500-600 crore in FY28 at optimal utilization.
FY27 Consolidated Revenue: ₹5,000-5,500 crore
Revenue guidance reflects combined platform of India (₹4,000 crore) and KSA operations (₹1,500-2,000 crore), representing significant step-up from FY26 consolidated revenue of ₹3,592.50 crore. Does not include Marino Shelters contribution.
Consolidated EBITDA Margin: 13-15%
Management targets sustained 13-15% EBITDA margin range going forward, factoring in NPC consolidation and Jammu ramp-up. Guidance is conservative given NPC's 15-18% margin profile and India operations at 14%+ margins.
30-35% Growth for Next 3-4 Years
Management consistently guided for 30-35% annual growth trajectory for the next 3-4 years, supported by Jammu commissioning (Q1 FY27), Dammam coating facility (mid-2027), and NPC ramp-up to 80-85% utilization by FY28-29.
NPC Utilization Target: 80-85% by FY28-29
KSA operations have peak revenue potential of ₹3,500-4,000 crore at 80-85% utilization. Management targets reaching this utilization level by FY28-29, driven by Saudi Arabia's $80 billion water infrastructure program and Aramco projects.