Apex Ecotech Limited announced its audited financial results for the half year and financial year ended March 31, 2026, delivering its highest-ever annual revenue and profitability since inception. The Board of Directors, at its meeting held on May 06, 2026, approved the Standalone Audited Financial Results in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. Raman Chawla & Associates, Chartered Accountants (FRN: 035543N), issued an unmodified audit opinion on the financial statements. The results were driven by strong execution across large-scale industrial projects, increasing demand for sustainable water solutions, and continued momentum in Zero Liquid Discharge (ZLD), water treatment, and wastewater recycling systems.

Strong Revenue and Profit Growth in FY26

Apex Ecotech delivered a robust financial performance for the full year ended March 31, 2026, with revenue from operations nearly doubling year-on-year. The company is primarily engaged in providing environmental engineering solutions including Effluent Treatment Plants (ETP), Sewage Treatment Plants (STP), and Zero Liquid Discharge Systems (ZLD). The following table summarises the company's annual financial performance:

Half-Year Performance Highlights

Apex Ecotech also recorded a particularly strong performance during the second half of FY26. Revenue from Operations for H2 FY26 stood at ₹11,608.09 lakhs, growing 135.68% year-on-year compared to ₹4,925.44 lakhs in H2 FY25. Net profit for the second half stood at ₹1,444.55 lakhs, against ₹700.82 lakhs in the corresponding prior-year period. The following table presents the half-year comparison:

Balance Sheet and Cash Flow Overview

As at March 31, 2026, total assets and total equity & liabilities each stood at ₹8,918.01 lakhs, compared to ₹5,968.68 lakhs as at March 31, 2025. Key balance sheet items included cash and bank balances of ₹3,505.94 lakhs (₹2,795.03 lakhs as at March 31, 2025), trade receivables of ₹1,675.73 lakhs (₹1,156.80 lakhs), and reserves and surplus of ₹5,007.16 lakhs (₹3,304.86 lakhs). Share capital remained unchanged at ₹1,318.52 lakhs. On the cash flow front, net cash generated from operating activities for FY26 was ₹676.68 lakhs, compared to a net cash outflow of ₹(524.20) lakhs in FY25. Net cash used in investing activities was ₹(1,465.10) lakhs, while net cash generated from financing activities was ₹104.04 lakhs. Total cash and cash equivalents at the end of FY26 stood at ₹1,159.58 lakhs, compared to ₹1,843.96 lakhs at the end of FY25.

Strong Order Wins Reinforce Growth Visibility

During FY26, Apex Ecotech secured several strategic projects across industries including FMCG, Beverage, Automotive, and Technology sectors, significantly strengthening its execution pipeline. As on March 31, 2026, the order book stood at over ₹125 Crore, providing strong revenue visibility for upcoming financial periods. The key order wins are detailed below:

IPO Proceeds Fully Utilised

Apex Ecotech had raised funds aggregating to ₹2,554.42 lakhs through an Initial Public Offer (IPO) of 34,99,200 equity shares, listed on NSE Emerge on December 04, 2024. As of March 31, 2026, the entire IPO proceeds have been fully utilised for the intended purposes, as detailed below:

Management Commentary

Commenting on the performance, Anuj Dosajh, Chairman & Managing Director, stated: "FY26 has been a landmark and transformational year for Apex Ecotech Limited, as the Company delivered its highest-ever financial performance since inception. The year was characterized by strong execution momentum, strategic project acquisitions, and sustained demand for advanced water and wastewater treatment solutions across industrial sectors. The strong operational and financial performance achieved during the year reflects the Company's engineering excellence, efficient project execution capabilities, and enduring customer relationships. The Company is also pleased to state that the IPO proceeds have been fully deployed towards the stated objectives, supporting capacity enhancement, operational expansion, and long-term growth initiatives. With increasing emphasis on sustainability, Zero Liquid Discharge (ZLD), water conservation, wastewater recycling, and environmental compliance, Apex Ecotech Limited remains well positioned to capitalize on the long-term opportunities within the water and wastewater treatment industry."

Internal Auditor Appointment and Corporate Governance

The Board also approved the reappointment of M/s. Bharat Nayyar & Associates, Chartered Accountants (FRN: 025404N), as Internal Auditors of the company for the Financial Year 2026-27, effective May 06, 2026. The firm offers a broad range of professional services including independent audit and assurance, tax consultancy, corporate restructuring, due diligence, and business valuations. The Board meeting commenced at 04:45 P.M. and concluded at 05:11 P.M. on May 06, 2026, with the results signed by Anuj Dosajh, Managing Director (DIN: 00119225).

About Apex Ecotech Limited

Apex Ecotech Limited is an ISO 9001:2015 certified, engineering-driven company led by a team of experienced professionals specializing in turnkey solutions for Water and Wastewater Treatment, Membrane Recycling, Evaporators, and Zero Liquid Discharge Systems. The Company's integrated approach enables industries to effectively recycle and reuse water across a wide range of process applications. Through innovative technologies and customized engineering solutions, the Company promotes water recycling, reuse, and conservation, while supporting industries in achieving Zero Liquid Discharge, enhanced environmental compliance, and sustainable water management practices.

Apex Ecotech Limited has announced a Post Earnings Conference Call with analysts and investors, scheduled to be held virtually on Tuesday, May 12, 2026, at 04:00 PM onwards. The call is being organised to discuss the company's audited standalone financial results for the financial year ended March 31, 2026. The announcement was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Details

The event has been coordinated by AKMIL Strategic Advisors and will feature a management speaker from Apex Ecotech Limited. The following table summarises the key details of the scheduled conference call:

Management Participation

The conference call will be addressed by Mr. Anuj Dosajh, Chairman and Managing Director of Apex Ecotech Limited. The disclosure was signed and submitted by Mr. Anuj Dosajh in his capacity as Managing Director (DIN: 00119225) on May 07, 2026. Participants are advised to join through the registration link provided and connect at least 10 minutes prior to the scheduled start time to ensure timely access to the call.

Important Note

The company has noted that the meeting may be cancelled, rescheduled, or postponed due to exigencies on the part of analysts, investors, and/or company officials. Interested participants may register for the call via the link shared in the official invite and may also reach out to AKMIL Strategic Advisors at their Thane (W) office for further details.