Goel Construction Company reported an 11% rise in revenue from operations to ₹6,572.9 lakh for FY26, with EBITDA margins expanding to 11.15%. The company’s order book surged nearly threefold to ₹12,912.3 lakh.

The Board of Directors met on September 8, 2026, to approve the Key Performance Indicators (KPIs) verified by statutory auditors Ravi Sharma & Co. The meeting also saw the approval of a new trust for Corporate Social Responsibility (CSR) activities and an update to the company’s registered contact number.

Financial Performance

Revenue from operations grew from ₹5,899.8 lakh in FY25 to ₹6,572.9 lakh in FY26. This growth was accompanied by a rise in net profit after tax to ₹4,625.8 lakh, up from ₹3,832.3 lakh in the previous year. Net profit margins improved to 7.04% from 6.50%.

The debt-equity ratio declined significantly to 0.03 times in FY26, down from 0.22 times in FY25 and 0.33 times in FY24. Net worth increased to ₹2,540.7 lakh from ₹1,315.9 lakh in FY25.

Order Book Growth

The company’s order book expanded sharply to ₹12,912.3 lakh at the end of FY26, compared to ₹4,384.9 lakh in FY25. This resulted in an order book-to-revenue ratio of 1.96 times, up from 0.74 times in the prior year. In FY24, the order book stood at ₹5,473.1 lakh.

What the Numbers Show

The divergence between revenue growth and order book expansion suggests a significant acceleration in future revenue visibility. While revenue grew by 11% YoY, the order book increased by approximately 194%, indicating that current execution rates are capturing only a fraction of available work. Additionally, the sharp decline in the debt-equity ratio to 0.03 times alongside a near-doubling of net worth points to a strengthened balance sheet capable of supporting larger project financing without additional leverage.

Corporate Actions

The board approved the formation of a trust for charitable purposes and CSR activities. The company will notify the exchange once the formation is approved by relevant authorities. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company updated its contact number from 0141-4045121 to 0141-3637579 effective immediately.

Goel Construction Company Limited shareholders unanimously approved all six resolutions at its 29th Annual General Meeting held on August 31, 2026. The consolidated scrutinizer report confirms 100% support for every agenda item.

The meeting, conducted via Video Conferencing and Other Audio Visual Means, saw the reappointment of Chairman and Managing Director Purushottam Dass Goel by rotation. Shareholders also approved special resolutions to increase the Board’s borrowing and granting powers.

Voting Results

Remote e-voting was conducted from August 28 to August 30, 2026. A total of 10,514,600 votes were cast in favor of all resolutions, representing 100% of the votes polled. No votes were cast against any resolution, and there were no invalid or abstained votes.

Board Changes

Mr. Sushil Kumar Wali was regularized as an Independent Director. His three-year term commenced on March 18, 2026, and expires on March 17, 2029. Mr. Wali, a Chemical Engineer with over 45 years of experience in the cement and manufacturing sector, previously served as Whole-Time Director at JK Lakshmi Cement Ltd.

He is not related to any existing Director or Key Managerial Personnel of the company. The company confirmed he is not debarred from holding office by SEBI or any other authority.

Meeting Proceedings

Company Secretary Surbhi Maloo confirmed the requisite quorum was present throughout the meeting. Gaurav Goyal of M/s Gaurav G & Associates served as the scrutinizer for the voting process. The statutory auditors’ report contained no qualifications or adverse remarks, except for observations in the Secretarial Auditor’s report.

CFO Natwar Lal Ladha provided an overview of the financial performance for FY26. The management addressed questions from shareholders during the dedicated Q&A session. The meeting concluded at 5:00 pm.