DENTAWATERANDINFRASOLUTI Infrastructure 12 Feb 2026

Denta Water and Infra Solutions Ltd — Q3 FY26

Denta Water reported a mixed Q3 FY26 with 9M revenue of ₹195.07 crore (+30.8% YoY) and EBITDA of ₹70.85 crore (+34% YoY), but Q3 standalone revenue was flat at ₹53.52 crore, mis...

Revenue ₹54 Cr +30.8%

EBITDA ₹71 Cr +34.02%

PAT ₹14 Cr

EBITDA Margin 33%

Duration 42 min

Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

Execution delays due to monsoon and government billing cycles

Q3 revenue was flat due to monsoon and delayed billing; similar seasonal risks persist.

high · management_commentary

Elevated working capital and inventory

Working capital cycle of 90-120 days and high inventory (₹108 Cr) strain cash flows.

medium · analyst_question

Failure to convert ₹400 Cr Karnataka mining orders

Two large orders (₹400 Cr) are stuck in committee clearance; no timeline provided.

high · analyst_question

Credibility risk from missed guidance

Management reduced FY26 revenue guidance from 50% to 20-25% growth, disappointing investors.

medium · data_observation