Long-term EBITDA margin target of ~40%
Management reaffirms 40% EBITDA margin aspiration, supported by new efficient capacities and normalization of argon prices.
ELLEN / guidance tracker
Keep management guidance in view.
Ellenbarrie Industrial Gases · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
margins
Capex of ₹250 crore in FY26 and ₹200 crore in FY27
Capital expenditure guidance of ₹250 crore for FY26 and ₹200 crore for FY27 for expansion projects.
East India on-site plant commissioning in Q1 FY27
320 TPD on-site plant expected to be commissioned in Q1 FY27, delayed by ~2 months from earlier Q4 FY26 guidance.
North India bulk plant commissioning in H2 FY27
220 TPD merchant plant in North India targeted for second half of FY27.
20% revenue CAGR target
Management targets a 20% revenue CAGR over the medium term, supported by new capacity additions.
40% EBITDA margin aspiration
Long-term EBITDA margin aspiration of 40%, driven by efficient new plants, lower power costs, and argon recovery.
New on-site plant commissioning
A 320 TPD on-site plant in East India expected to be commissioned next month (early FY27).
Two new merchant plants in FY27-28
Two merchant plants (220 TPD in North India and 250 TPD in West-Central India) to be commissioned in FY27 and early FY28, taking merchant capacity to ~1,350 TPD.