LT Elevator

LT Elevator reported a landmark FY26 with revenue of 111.7 croreCurrent reported value: 111.7 crore. No comparable prior figure is available in the source record., nearly doubling YoY, and PAT of 17 crore+Current reported value: 17 crore+. No comparable prior figure is available in the source record.. Growth was driven by strong execution in government EPC projects and early traction in B2C elevators via digital channels. The company is pursuing a strategic merger with Ricardo Elevators (order book 70-80 croreCurrent 70-80 crore. Reported change: +56% QoQ.) to expand D2C capabilities and has started exports to Malaysia and Australia. A new plant with 2.5x capacityCurrent reported value: 2.5x capacity. No comparable prior figure is available in the source record. (capex ~25Current reported value: 25. No comparable prior figure is available in the source record. crore) is expected to commission by Q4 FY27, targeting 350-400 croreCurrent reported value: 350-400 crore. No comparable prior figure is available in the source record. revenue by FY28-29. Management guided for 80%+ revenue growthCurrent reported value: 80%+ revenue growth. No comparable prior figure is available in the source record. in FY27, with B2C expected to contribute 35% of revenue. Key risk: government payment delays could pressure working capital if not offset by faster B2C cash cycles.