Effwa Infra &

Effwa Infra & Research reported a strong FY26 with revenue of 253.29 crCurrent reported value: 253.29 cr. No comparable prior figure is available in the source record. (+36.8Current reported value: 36.8. No comparable prior figure is available in the source record.% YoY), EBITDA of 42.11 crCurrent reported value: 42.11 cr. No comparable prior figure is available in the source record. (+40.3% YoY), and PAT of 28.62 crCurrent reported value: 28.62 cr. No comparable prior figure is available in the source record. (+42.3Current reported value: 42.3. No comparable prior figure is available in the source record.% YoY). Growth was driven by robust execution in ZLD-based effluent treatment for steel, oil & gas, and fertilizer clients, along with operational efficiencies. The order book stands at 750 crCurrent 750 cr. Reported change: +50% YoY. with a pipeline of 2,600 crCurrent 2,600 cr. Reported change: N/A., providing solid revenue visibility. Management guided 35-40% revenue growth for FY27, supported by a strong order book and expected conversion of 250 cr in won orders. A key risk is execution delays due to geopolitical tensions and client-side approvals, as seen in the JSW order slippage.