Risk Intelligence
Working Capital Strain from Rapid Growth
View Risks →Patil Automation reported FY26 consolidated revenue of ₹172 crore with an EBITDA margin of 17.7% and PAT margin of 10.29%, driven by strong execution across automotive and non-automotive sectors.
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Patil Automation reported FY26 consolidated revenue of ₹172 crore with an EBITDA margin of 17.7% and PAT margin of 10.29%, driven by strong execution across automotive and non-automotive sectors. The new facility contributed ~₹50 crore incremental revenue, while subsidiaries Pentego and MI Robotics added ₹18 crore and ₹2.3 crore respectively. Management guided FY27 revenue of ₹260-270 crore and FY28 target of ₹380-385 crore, supported by an order book of ₹118 crore and a bidding pipeline of ₹800 crore. Margins are expected to improve to 10-11% on operating leverage. Key risks include potential working capital strain from rapid growth and the need for additional capacity expansion beyond FY27.
Working Capital Strain from Rapid Growth
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Read Transcript →Includes ₹100 Cr from Patil Automation and ₹14-18 Cr from subsidiaries.
Proposals submitted; management confident of converting to meet FY27 targets.
New facility operational since August; overall capacity now ₹250-300 Cr.
Of automotive revenue, 33% from electric vehicles; 40% of automotive order book is EV.
Management expects consolidated revenue of ₹260-270 crore in FY27, driven by strong order book and pipeline.
Inventory and payables have increased significantly; management expects working capital cycle of 90-110 days but may need debt if growth accelerates.
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