Pennar Industries Ltd-$ — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Pennar Industries reported Q1 FY27 revenue growth of 3.58% year-on-year to Rs 884.55 crores, while PBT grew 16.04% to Rs 46.8 crores. Management attributed the profitability improvement to a favorable business mix, with higher-margin segments like PEB U.S. and Engineering Services growing faster than legacy businesses. Order backlogs reached record highs in PEB India, PEB U.S. and the Boiler division, while Hydraulics and Tech Pennar were described as weaker areas during the quarter.
Pennar Industries reported Q4 FY26 total revenue of INR933.7 crores and PAT growth of 14.89% to INR41.04 crores, while full year FY26 revenue rose to INR3,666 crores with PAT growing 16.22% to INR138.83 crores. Management attributed margin improvement to a mix shift toward higher-margin businesses such as PEB U.S. and Engineering Services, while noting labor issues in the PEB India business during the year that have since been resolved. Working capital stood at 82 days and debt-equity was at 0.98x, with management stating plans to bring both down in the coming quarters.