FY26 Revenue Growth: 25%+ Target
Management reiterated 25% YoY revenue growth target for FY26, already evidenced by 23.6% growth in 9-months. Q4 export completions expected to ensure full-year achievement.
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Standard Engineering Technology · forward-looking guidance across the available source record.
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FY27 Growth to Exceed 25%
Organic growth expected to exceed 25% in FY27 driven by new capacity additions, heat exchanger scale-up, and acquisition integration benefits.
Export Contribution to Rise to 15-20%
Export share targeted to increase from 13% to 15-20% in FY27 as new heat exchanger products launch globally and US subsidiary scales up.
FY27 Capex: ₹100-150 Crore
Greenfield project requiring ₹70-100 crore (4.5-5 lakh sq ft facility, 2-3 lakh sq ft in Phase 1 targeted for FY27 completion) plus ₹30-50 crore for existing facility improvements.
Market Leadership Position by FY27
Management confidently targets becoming the largest glass-lined equipment manufacturer in India by FY27 based on capacity additions and order pipeline.
FY27 Revenue Growth: Target >25% YoY
Management explicitly guided that FY27 will be better than FY26 with growth expected to exceed 25%, driven by strong order book execution and solution selling mix expansion.
Quarterly Revenue Run-rate: ₹250-300 Crore
Confirmed previous guidance of ₹250-300 crore quarterly revenue from FY27 onwards as utilization improves and new capacity comes online.
Margin Improvement in FY27
EBITDA margins expected to recover and improve in FY27 compared to FY26 levels, driven by operating leverage, solution mix, and better procurement discipline offsetting input cost pressures.
C2C and Genic Combined: ₹120 Crore Revenue Target
C2C Engineering targeting ₹60 crore (from ₹24 crore in FY26) and Genic targeting ₹60 crore (from ₹30 crore in FY26), representing combined incremental ₹66 crore from acquisitions.