Shri Balaji Valve Components Ltd — Q4 FY26 earnings call
Summary generated by AI from the official transcript Shri Balaji Valve Components Ltd filed with BSE on 06 Jun 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Shri Balaji Valve Components reported H2 FY26 revenue from operations of Rs 55.246 crore, up 26% year-on-year, with EBITDA of Rs 9.21 crore at a 16.61% margin and PAT of Rs 5.19 crore at a 9.36% margin. For the full year, revenue from operations was Rs 96.81 crore with total income of Rs 98.34 crore, EBITDA margin of 23.75% and PAT growth of 31.59% year-on-year. Management discussed capacity utilization, capex plans, export markets, raw material cost pass-through, and order book status during the Q&A.
Numbers mentioned
Revenue from operations: Rs. 55.246 crore (H2 FY26)
p. 3
“company reported revenue from operations of Rs. 55.246 crore, which is a growth of 26% year-on-year”
Mr. Shrinivas Laxmikant Kole, page 3 of the filed PDF · View the filing
EBITDA: 9.21 crore (H2 FY26)
p. 3
“The EBITDA stood at 9.21 crore. Up by 16.71% year-on-year, and delivering a margin of 16.61%”
Mr. Shrinivas Laxmikant Kole, page 3 of the filed PDF · View the filing
PAT: 5.19 crore (H2 FY26)
p. 3
“the PAT was, 5.19 crore. A growth of total 20.73% year-on-year, reflecting a margin of 9.36%, was reported”
Mr. Shrinivas Laxmikant Kole, page 3 of the filed PDF · View the filing
Revenue from operations: 96.80 crore (FY26)
p. 3
“Operations from revenue stood at 96.80 crore, and including the other income, the total income reported was 98.34 crore”
Mr. Shrinivas Laxmikant Kole, page 3 of the filed PDF · View the filing
Gross profit margin: 18.60% (FY26)
p. 3
“The gross profit stands at 18.60%, and the EBITDA stands at 23.75%”
Mr. Shrinivas Laxmikant Kole, page 3 of the filed PDF · View the filing
PAT growth: 31.59% (FY26)
p. 3
“the PAT stand the 31.59% growth, year-on-year”
Mr. Shrinivas Laxmikant Kole, page 3 of the filed PDF · View the filing
Export share of revenue: 26%
p. 8
“Yeah, 25 to 26%, I think, that's mentioned 26%. Yeah, just a moment, I have the value in front of me. 26%, sir.”
Mr. Shrinivas Laxmikant Kole, page 8 of the filed PDF · View the filing
Current order book: 20-22% of last year's revenue
p. 9
“Current order book is around 20-22% of last year's revenue.”
Mr. Shrinivas Laxmikant Kole, page 9 of the filed PDF · View the filing
Order fulfilment period: 6 to 10 weeks
p. 9
“Overall in, 6 to 10 weeks.”
Mr. Shrinivas Laxmikant Kole, page 9 of the filed PDF · View the filing
Maximum revenue run rate at current capacity: 140 to 150 crores
p. 5
“I already mentioned, like, around 140 to 150 crores. 140 plus, yeah.”
Mr. Shrinivas Laxmikant Kole, page 5 of the filed PDF · View the filing
Top customer concentration: 65% of total revenue
p. 7
“our top 5 to 7 customers' business is around 65% of the total revenue, that we are still in line”
Mr. Shrinivas Laxmikant Kole, page 7 of the filed PDF · View the filing
Export geography count: 14 countries
p. 7
“Geographically, we are exporting to 14 countries, sir.”
Mr. Shrinivas Laxmikant Kole, page 7 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Revenue growth — 20-25% · FY27
stated conditionally by Mr. Shrinivas Laxmikant Kole
p. 4
“I think we'll be able to maintain or even improve the growth that we have achieved this year.”
Mr. Shrinivas Laxmikant Kole, page 4 of the filed PDF · View the filing
EBITDA margin — around 17% · FY27
stated firmly by Mr. Shrinivas Laxmikant Kole
p. 4
“Yeah, yeah, I've already mentioned that the EBITAs around, those, this thing is, sustainable for us in a longer run as well.”
Mr. Shrinivas Laxmikant Kole, page 4 of the filed PDF · View the filing
Capex — 2 to 3 crore · FY27
stated conditionally by Mr. Shrinivas Laxmikant Kole
p. 6
“So I would say that current… according to current plan, it is around 2 to 3 crore, but it's still in work in progress, and you'd have to give me some time to work more on that.”
Mr. Shrinivas Laxmikant Kole, page 6 of the filed PDF · View the filing
Export share of revenue
stated as an aspiration by Mr. Shrinivas Laxmikant Kole
p. 6
“Yes, sir, we are working on the similar lines, sir.”
Mr. Shrinivas Laxmikant Kole, page 6 of the filed PDF · View the filing
German customer order pipeline — 1 million · annual
stated conditionally by Mr. Shrinivas Laxmikant Kole
p. 8
“yearly, they have promised us, you know, somewhere around 1 million, businesses”
Mr. Shrinivas Laxmikant Kole, page 8 of the filed PDF · View the filing
New German customer pilot batch shipment — next 4 to 6 months
stated firmly by Mr. Shrinivas Laxmikant Kole
p. 8
“So, the pilot batch would be shipped within the next 4 to 6 months, and subsequently, we will be having an order from them.”
Mr. Shrinivas Laxmikant Kole, page 8 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management expects to maintain or improve growth, guided around 20-25%, with sustainable EBITDA margins around 17%.
Answered by Mr. Shrinivas Laxmikant Kole
Asked by Keshav Garg: What growth and margin expectations should shareholders have for FY27?
p. 4
“I think we'll be able to maintain or even improve the growth that we have achieved this year.”
Mr. Shrinivas Laxmikant Kole, page 4 of the filed PDF · View the filing
Management said raw material price increases are passed through to customers via mutual discussion, though this slows order conversion.
Answered by Mr. Shrinivas Laxmikant Kole
Asked by Prasenjit Paul: How is the company managing raw material price increases and maintaining margins?
p. 4
“whatever the increase in raw material, is mutually discussed and transferred over accordingly to the customers.”
Mr. Shrinivas Laxmikant Kole, page 4 of the filed PDF · View the filing
Management stated maximum capacity supports around 140-150 crore revenue.
Answered by Mr. Shrinivas Laxmikant Kole
Asked by Prasenjit Paul: What is the maximum annual revenue achievable with existing capacity?
p. 5
“I already mentioned, like, around 140 to 150 crores. 140 plus, yeah.”
Mr. Shrinivas Laxmikant Kole, page 5 of the filed PDF · View the filing
Management indicated capex of around 2-3 crore for machines and inspection equipment, still being finalized.
Answered by Mr. Shrinivas Laxmikant Kole
Asked by Keshav Garg: What is the capex plan for FY27 and its quantum?
p. 6
“So I would say that current… according to current plan, it is around 2 to 3 crore, but it's still in work in progress, and you'd have to give me some time to work more on that.”
Mr. Shrinivas Laxmikant Kole, page 6 of the filed PDF · View the filing
Management said it is growing slightly above the industry standard of 12-15%, and declined to name the top customer.
Answered by Mr. Shrinivas Laxmikant Kole
Asked by Mukesh Mody: Is the company growing above or below the industry rate, and who is the largest customer?
p. 7
“Sorry, sir, I won't be able to answer the customer's name in the call, but like we have mentioned, our top 5 to 7 customers' business is around 65% of the total revenue, that we are still in line.”
Mr. Shrinivas Laxmikant Kole, page 7 of the filed PDF · View the filing
Management said plans for the following year are still being discussed.
Answered by Mr. Shrinivas Laxmikant Kole
Asked by Keshav Garg: What happens to growth beyond FY27 given capacity constraints near 140 crore?
p. 10
“That's still, the discussions are still work in progress, I would say.”
Mr. Shrinivas Laxmikant Kole, page 10 of the filed PDF · View the filing
Management said the depreciation benefit is not passed on to customers.
Answered by Mr. Shrinivas Laxmikant Kole
Asked by Keshav Garg: Does rupee depreciation benefit get passed on to export customers or improve margins?
p. 11
“No, sir, no, we don't pass on, because… There is some kind of… we don't pass, yeah.”
Mr. Shrinivas Laxmikant Kole, page 11 of the filed PDF · View the filing
Management attributed the jump to large orders and US tariff relaxations that helped secure orders quickly.
Answered by Mr. Shrinivas Laxmikant Kole
Asked: What drove the 34% half-on-half revenue jump in H2?
p. 12
“large order, 2 to 3 large orders from this thing, there were also some, tariff, relaxations given you know, by US, so that also, you know, helped us gain some good orders”
Mr. Shrinivas Laxmikant Kole, page 12 of the filed PDF · View the filing
Risks flagged
Volatile and uncontrolled external market dynamics affecting business growth
p. 5
“but, yeah, but I think the dynamic situations in the market, you know, they… which are uncontrolled, which are external, risks, you know, those are the… those are, some constraints to the business growth.”
Mr. Shrinivas Laxmikant Kole, page 5 of the filed PDF · View the filing
Rising raw material prices slowing order conversion
p. 8
“though we pass to our customers, but it impacts the order booking.”
Mr. Shrinivas Laxmikant Kole, page 8 of the filed PDF · View the filing
Tariff situation and war-related disruption affecting export order pickups
p. 8
“this tariff situation impacted last year. Also, you know. We were all` we did touch, you know, 100 crores, this year, but due to the war situation and, some, delay in pickups for the export orders, last few crores of orders will… we had to, you know, hold there”
Mr. Shrinivas Laxmikant Kole, page 8 of the filed PDF · View the filing
Logistical slowness from Middle East disruption affecting exports
p. 11
“the vessels and, the, you know, the containers and all that, some logistical slowness, is obviously there, and, that, that is always there.”
Mr. Shrinivas Laxmikant Kole, page 11 of the filed PDF · View the filing
Instability in raw material prices could push customers to seek cost-cutting alternatives
p. 8
“if there is no stability in the raw material prices, I think, again, the customer starts looking for, you know, more options to, you know, how to cost cutting and this thing.”
Mr. Shrinivas Laxmikant Kole, page 8 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.