Shribalajivalvecomponent earnings calls.

Shri Balaji Valve Components reported H1 FY26 revenue of Rs. 41.35 crore, up ~12% YoY, with EBITDA at Rs. 7.14 crore and PAT at Rs. 3.36 crore. The company's Q3 performance was described as "positive but not as expected" versus last year. Key operational highlights include machining capacity utilization rising to 75-80%Current 75-80%. Reported change: +1900bps YoY. from 56% in FY2024, while forging utilization doubled to 50%. Management targets Rs. 130 crore revenue potentialCurrent reported value: Management targets Rs. 130 crore revenue potential. No comparable prior figure is available in the source record. with the third plant now operational and four new CNC/VMC machines commissioned in February to address bottlenecks. A strategic German customer project (66 product lines, 3" to 24" components) valued at $1.1-1.5 million annuallyCurrent $1.1-1.5 million annually. Reported change: Annual from Feb 2026. will begin orders from February. The revenue mix has shifted dramatically toward domestic (78%Current 78%. Reported change: +4800bps YoY. vs 22% export) from prior 30% domestic. Top 10 customers contribute 65% of revenue, creating customer concentration risk. Chinese competition remains a challenge for larger valve sizes, causing order losses. Management expressed confidence in surpassing Rs. 100 crore revenue in FY26, targeting 30-35% growth recovery to pre-IPO levels.