K2 Infragen Limited reported a 26% increase in revenue from operations to approximately ₹185 crore for the financial year ended March 31, 2026. The company’s EBITDA grew 25% to around ₹26 crore, with a margin of 12.5%, while profit after tax stood at approximately ₹13.33 crore, reflecting a PAT margin of 7.2%. This performance was supported by healthy execution across projects and continued diversification across infrastructure segments including power transmission, railways, and roads.

Financial Performance

For the second half of FY26, revenue from operations stood at approximately ₹94 crore, remaining stable year-on-year. H2 EBITDA was around ₹9 crore with a margin of 10%, while profit after tax was approximately ₹6 crore with a margin of 6.4%. The company maintained an on-time project delivery rate of approximately 83% during the year. The order book as of March 31, 2026, included a total ongoing project value of approximately ₹662 crore, with an unexecuted order book of nearly ₹424 crore.

Order Book and Strategy

Since December 2025, the company has secured new orders worth approximately ₹412 crore across energy, transmission and distribution, railway, and renewable infrastructure projects. Recently, it secured two orders from Rajasthan Rajya Vidyut Prasaran Nigam Limited aggregating approximately ₹57 crore. The company is gradually transitioning from sub-contractor execution to securing direct contracts from government entities, a strategy expected to enhance margins and execution visibility. It currently has a live bid pipeline of approximately ₹500 crore across the roads and railway sectors.

Management Outlook

Mr. Pankaj Sharma, Founder & Managing Director, stated that the company is well-positioned to participate in India's infrastructure growth story. He highlighted that the company aims to maintain a growth rate of more than 25% in FY27. The management is focusing on expanding its presence in high-growth industrial sectors, improving operational efficiency, and strengthening governance. The company also intends to explore opportunities under the tariff-based competitive bidding (TBCB) and hybrid annuity models to build stable annuity-based revenue streams.

K2 InfraGen Limited has appointed Mr. Sanjay Gupta as Senior Vice President effective June 1, 2026. The Board of Directors approved the appointment in a meeting held on May 26, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Sanjay Gupta is a seasoned infrastructure leader with over 38 years of experience across Engineering, Procurement & Construction (EPC), Power Transmission & Distribution (T&D), and Railway Infrastructure sectors. He previously served the RPG Group for nearly 29 years, most recently as Vice President at KEC International Ltd.

Profile of the Appointee

Gupta has a proven track record of leading multi-billion-rupee business portfolios and delivering complex national infrastructure projects. He is recognized for driving sustainable profitability and operational excellence while managing large cross-functional teams.