Bondada Engineering reported an 86.5% rise in consolidated net profit to ₹2,110.79 crore for the year ended March 31, 2026, compared to ₹1,131.71 crore in the previous year. Revenue from operations surged 81% to ₹28,428.05 crore from ₹15,709.57 crore in FY25, driven by robust execution across its Engineering, Procurement, and Construction (EPC) business.

The company's EPC segment led the revenue growth, contributing ₹25,335.79 crore to the total revenue for the fiscal year. The services and products segments reported revenues of ₹1,310.56 crore and ₹1,781.70 crore, respectively. Total expenses for the year increased to ₹25,664.36 crore from ₹14,277.92 crore in the prior year, primarily due to higher material costs and operating expenses.

On a standalone basis, net profit for FY26 stood at ₹1,842.14 crore, an increase of 82% from ₹1,012.46 crore in FY25. Standalone revenue from operations grew to ₹26,349.38 crore from ₹14,071.35 crore. The earnings per share (EPS) on a consolidated basis improved to ₹18.28 from ₹10.13 in the previous year.

The company's total assets as of March 31, 2026, stood at ₹2,04,161.90 crore, a significant increase from ₹1,19,906.66 crore in the previous year. Cash and cash equivalents rose to ₹16,675.70 crore, compared to ₹1,490.01 crore at the end of FY25, reflecting strong cash generation from operations.

The statutory auditors, Sreedar Mohan & Associates, expressed an unmodified opinion on the consolidated and standalone financial results. The board of directors approved the audited results at its meeting held on April 27, 2026.

Consolidated Financial Results for FY26

Segment Performance

Bondada Engineering Limited has secured a significant order worth ₹1338,03,29,049 (inclusive of GST) from NTPC Renewable Energy Limited for the engineering, procurement, and construction (EPC) of a 250 MW Solar PV project coupled with a 50 MW/200 MWh Battery Energy Storage System (BESS). The project is located in Sitapur, Uttar Pradesh, and is expected to enhance the company's revenue visibility and long-term value creation for shareholders. The contract, awarded by a domestic entity, underscores the company's growing stature in the renewable energy sector. The company confirmed that neither the promoter group nor group companies hold any interest in the awarding entity, and the transaction does not fall within related party transactions.

The order book for Bondada Engineering has strengthened following this award, with its Solar EPC order book expanding to approximately 5.5 GWp and its BESS order book increasing to around 1.1 GWh. This development provides strong execution momentum and establishes a robust platform for sustainable growth. The project is scheduled for completion within 18 months from the receipt of the Notification of Award (NOA). The award reflects the continued confidence of a major public sector undertaking in Bondada Engineering's engineering excellence and project execution capabilities. The company's market capitalisation stands at ₹3,600 Cr.

Project Details

The following table outlines the key particulars of the order: