Did management answer the analysts?
12 analyst questions audited, 2 evaded or deflected.
View Claim Ledger →Effwa Infra & Research reported a strong FY26 with revenue of 253.29 cr (+36.8% YoY), EBITDA of 42.11 cr (+40.3% YoY), and PAT of 28.62 cr (+42.3% YoY).
Financial stats pending filing verification
Effwa Infra & Research reported a strong FY26 with revenue of 253.29 cr (+36.8% YoY), EBITDA of 42.11 cr (+40.3% YoY), and PAT of 28.62 cr (+42.3% YoY). Growth was driven by robust execution in ZLD-based effluent treatment for steel, oil & gas, and fertilizer clients, along with operational efficiencies. The order book stands at 750 cr with a pipeline of 2,600 cr, providing solid revenue visibility. Management guided 35-40% revenue growth for FY27, supported by a strong order book and expected conversion of 250 cr in won orders. A key risk is execution delays due to geopolitical tensions and client-side approvals, as seen in the JSW order slippage.
12 analyst questions audited, 2 evaded or deflected.
View Claim Ledger →Execution delays due to geopolitical tensions
View Risks →Full transcript text is available on this route.
Read Transcript →Order book remains at 750 cr as of March 2026, with additional 250 cr expected to be formalized soon.
Pipeline of bids and proposals exceeds 2,600 cr, indicating strong future revenue potential.
Current workforce of 145, with 75% engineers; planned 10-15% hiring in FY27 to support growth.
Export contribution increased to 12.8% of full-year revenue, up from 3% in H2, reflecting international expansion.
Management expects revenue to grow 35-40% in FY27, implying around 350 cr, driven by strong order book and pipeline.
Management cited war-related material supply issues and labor shortages causing dispatch delays in Q4, which could persist.
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