FY26 Revenue Guidance of ₹650 crore
Management reaffirmed achieving ₹650 crore revenue for FY26, supported by a 40:60 H1/H2 split and strong order book.
Ice Make Refrigeration · forward-looking guidance across the available source record.
Guidance tracker
Management reaffirmed achieving ₹650 crore revenue for FY26, supported by a 40:60 H1/H2 split and strong order book.
Full-year EBITDA margin target of ~8%, driven by scale benefits in H2 and ~1% margin improvement from price hikes.
Long-term target to reach ₹1,000 crore revenue by FY28, with EBITDA margins normalizing to 10-11%.
The ₹150 crore capex for Phase 2 expansion is in dialogue phase; funding may include debt and equity. No timeline given.
Management guided for ~27% YoY growth to ₹850 crore in FY27, driven by broad-based demand and strong order book.
EBITDA margin expected to improve to 8-8.5% in FY27, with potential to reach double digits as new verticals mature.
Management reiterated the ₹1,000 crore revenue target for FY28, implying ~18% growth over FY27.
Next phase of capex (greenfield) is under consideration; timeline and funding details to be announced in 1-2 months.