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A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.
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Revenue
₹343 Cr
verified against source
Revenue YoY
55%
reported change
EBITDA
₹31 Cr
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Arisinfra delivered a strong Q4 FY26 with revenue of ₹343 Cr (+55% YoY) and EBITDA of ₹31 Cr (+202% YoY), driven by contract manufacturing scaling 169% YoY and services (DAS) growing 264% YoY. EBITDA margin expanded 431 bps to 8.8%, aided by operating leverage and mix shift. PAT turned positive at ₹22 Cr vs a loss last year. Management guided for 35-40% revenue growth in FY27, with EBITDA margins sustaining ~10-10.5%. Key risks include potential slowdown in infrastructure spending and working capital pressure from rapid scaling.
Colored figures show movement against the previous available record.
Guidance to track
- Management expects revenue to grow 35-40% in FY27, consistent with the 40% growth achieved in FY26.
- Management guided for EBITDA margins to remain around 10-10.5% in FY27, with potential improvement from mix shift.
- Management aims to reach peak utilization of 75-80% in FY27 on the current asset base, up from 50% in Q4 FY26.
- Management plans to invest another ₹25-50 Cr in capacity deposits during FY27 to secure multi-year contracts.
Risks flagged
- A potential slowdown in government or private infrastructure spending could impact demand for construction materials and services.
- Rapid revenue growth may strain working capital if receivables and inventory outpace payables, despite current improvement.
- Asphalt is a new, execution-heavy category; any operational missteps could affect margins and customer trust.
- Large groups or existing players could replicate the model, though management believes their tech and relationships provide a moat.
Key quotes
- We will be looking to target about 55 to 60% contribution for contract manufacturing and services.
- Our aim is in Q1 we should be able to predict around 85 to 90% of our top line and similarly of the bottom line as well.
- We have turned the cash flow from operating activity positive this year and it's about 140 crores.
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