Pennar Industries

Pennar Industries reported Q3 FY26 revenue of ₹959 croreCurrent reported value: ₹959 crore. No comparable prior figure is available in the source record. (+13.3Current reported value: 13.3. No comparable prior figure is available in the source record.% YoY) and PAT of ₹33.6 croreCurrent reported value: ₹33.6 crore. No comparable prior figure is available in the source record. (+10.1Current reported value: 10.1. No comparable prior figure is available in the source record.% YoY), impacted by ~₹4 crore one-time labor costs. Excluding these, PAT growth would have been ~20%. Diversified engineering grew 25% driven by steel, boilers, and BW. The PEBB segment was flat due to labor issues in India and delayed Telco acquisition ramp-up, but management expects strong Q4 with order backlog of ₹810 croreCurrent ₹810 crore. Reported change: +8% QoQ. in India and $62 millionCurrent reported value: $62 million. No comparable prior figure is available in the source record. in the US. Boilers order backlog surged to ₹123 croreCurrent ₹123 crore. Reported change: +50% QoQ.. Management reiterated double-digit PAT growth target of 20% for FY26. Key risk: execution consistency in PEBB after repeated labor setbacks.