Denta Water and Infra Solutions

Denta Water reported Q4 FY26 revenue from operations of ₹55.3 croreCurrent reported value: ₹55.3 crore. No comparable prior figure is available in the source record., a modest 2.2Current reported value: 2.2. No comparable prior figure is available in the source record.% YoY increase, while PAT stood at ₹6.9 croreCurrent reported value: ₹6.9 crore. No comparable prior figure is available in the source record.. Full-year revenue grew 23% YoYCurrent reported value: 23% YoY. No comparable prior figure is available in the source record. to ₹205.4 croreCurrent reported value: ₹205.4 crore. No comparable prior figure is available in the source record., driven by steady execution in water infrastructure projects. However, Q4 margins compressed sharply to ~19% due to a shift toward smaller, lower-margin projects and raw material cost inflation from petroleum-linked PVC/HDPE pipes. The order book stood at ₹727.8 croreCurrent ₹727.8 crore. Reported change: -13.5% QoQ. as of March 2026, down from ₹841 crore in December 2025, partly due to delayed new tenders amid Karnataka's political transition. Management guided for ~20% revenue growthCurrent reported value: ~20% revenue growth. No comparable prior figure is available in the source record. in FY27 and EBITDA margins of 25-30%, but acknowledged risks from government payment delays and input cost volatility. The new government's push for Jal Jeevan Mission and AMRUT projects offers a positive catalyst, though near-term margin recovery remains uncertain.